Financials
Financial year 2025
Gross margin
€ 7.9 million
▲ 112% vs 2024
Profit
Growing€ 1.6 million
▲ 5502% vs 2024
Debts
Low€ 5.6 million
▲ 31% vs 2024
JUST RUSSEL from Gent, company number BE0735411735, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year JUST RUSSEL recorded a gross margin of € 7.9 million and equity of € 13.3 million. Compared with financial year 2024, the result moved from € 28,233 to € 1.6 million. Profitable, and profit is growing. 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 July 1, 2026.
What happened at JUST RUSSEL?
What happened at JUST RUSSEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.6 million (▲ 5502% vs 2024). Source: NBB ↗
- Vito Magnus Karnehm became a director. NBB
- Jason Fiedler stepped down as director. NBB
- Starship 01 BV became a director. NBB
- Jason Fiedler became a director. NBB
- HV Capital Management BV became a director. NBB
- VM Management Consulting BV became a director. NBB
- RW Solutions BV became a director. NBB
In short
From € 37,409 profit in 2021 to € 1.6 million profit in 2025.
Paid € 243,178 in corporate taxes since 2021.
Best year ever: 2025, with € 1.6 million profit.
On average € 108,800 of value added per employee in 2025.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind JUST RUSSEL are VM Management Consulting BV, Vito Magnus Karnehm, HV Capital Management BV, Starship 01 BV, Molinarius GMBH and RW Solutions BV. The same people are also behind DAMIER, Vision HC, DAMIER CARE SPV, CARE INVESTCO and TOCG.
Directors
According to the 2025 annual accounts
Director · represented by Victor Mortreu
since 2024
Vito Magnus Karnehm
Director
since 2026
Director · represented by Henri Vindevogel
Also active at: DAMIER, Vision HC, DAMIER CARE SPV +8 more
since 2024
Statutory director · represented by Louis Mortreu
since 2025
since 2022
Director · represented by Renaat Waeles
since 2024
Jason Fiedler
Director
since 2025 · until 2026
Establishments
Establishment units
Physical locations of this company
Baarledorpstraat 95
9031 Gent
Baarledorpstraat 95 box .
9031 Gent
Active since 30 September 2019
Damstraat 46
9850 Deinze
Active since 1 January 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
DNS
Google Cloud DNS
Domain
Domain
justrussel.com
Registered
2019-09-02
Registrar
GoDaddy.com, LLC
Expires
2029-09-02
Website info
Features
Security
Details
- Company number
- 0735.411.735
- VAT number
- BE 0735.411.735
- Registered office
- Baarledorpstraat 95, 9031 Gent
- Names & denominations
- JUST RUSSEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 2019
- Peppol
- Active · Active since 13 May 2026
- Contact
- justrussel.com
- Activities · NACE
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