Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LATEK EUROPE from Gent, company number BE0699569146, closed financial year 2025 with a result of € 7,411 after tax. For that financial year LATEK EUROPE recorded a gross margin of € 13,006 and equity of € 105,543. Compared with financial year 2024, the result moved from € 10,605 to € 7,411. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 7, 2026.
€ 105,543
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,411
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 5,455
▲ 194% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 93,143.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 29,806
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,264
▼ 15% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,595 | € 18,285 | € 17,741 | € 13,006 | ▼ 27% |
| Profit after taxes | € 2,487 | € 3,895 | € 10,605 | € 7,411 | ▼ 30% |
| Equity | € 83,631 | € 87,526 | € 98,132 | € 105,543 | ▲ 8% |
| Total debts | € 46,975 | € 78,172 | € 64,773 | € 42,365 | ▼ 35% |
| Cash | € 3,991 | € 7,527 | € 1,854 | € 5,455 | ▲ 194% |
| Retained profit | € 71,231 | € 75,126 | € 85,732 | € 93,143 | ▲ 9% |
| Balance sheet total | € 130,606 | € 165,699 | € 162,904 | € 147,908 | ▼ 9% |
Key figures of LATEK EUROPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LATEK EUROPE?
What happened at LATEK EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,411 (▼ 30% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Eyyü Kusak became a director. NBB
- Eyyüp Kusak became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,487 profit in 2022 to € 7,411 profit in 2025.
Paid € 10,143 in corporate taxes since 2022.
Best year ever: 2024, with € 10,605 profit.
Management
Behind LATEK EUROPE are Eyyü Kusak and Eyyüp Kusak.
Directors
According to the 2025 annual accounts
Eyyü Kusak
Director
since 2018
Eyyüp Kusak
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Braemkasteelstraat 24
9050 Gent
Braemkasteelstraat 44
9050 Gent
Active since 1 March 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0699.569.146
- VAT number
- BE 0699.569.146
- Registered office
- Braemkasteelstraat 24, 9050 Gent
- Names & denominations
- LATEK EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2018
- Peppol
- Active · Active since 31 Oct 2025
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