Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GUSTUM from Gent, company number BE0742577857, closed financial year 2025 with a result of € -114,623 after tax. For that financial year GUSTUM recorded a gross margin of € 2.7 million and equity of € 229,210. Compared with financial year 2024, the result moved from € 68,358 to € -114,623. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 229,210
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -114,623
▼ still € 68,358 profit in 2024
Profit after tax over the fiscal year.
€ 187,347
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -570,790.
People and assets in 2025
47.8
▲ 12.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 33% vs 2024
€ 40,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 101,349
▲ 218% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 969,418
▲ 77% vs 2024
€ 291,597 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 996,719
▲ 117% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 277,151
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 500,094 | € 1,948,764 | € 1,861,998 | € 2,668,407 | ▲ 43% |
| Profit after taxes | € -9,667 | € -434,214 | € 68,358 | € -114,623 | ▼ € 182,982 |
| Equity | € 109,689 | € 275,475 | € 343,833 | € 229,210 | ▼ 33% |
| Total debts | € 969,662 | € 1,389,706 | € 1,290,836 | € 2,346,287 | ▲ 82% |
| Cash | € 80,101 | € 469,086 | € 310,888 | € 187,347 | ▼ 40% |
| Retained profit | € -90,311 | € -524,525 | € -456,167 | € -570,790 | ▼ € 114,623 |
| Bank debt | € 357,646 | € 584,719 | € 548,728 | € 969,418 | ▲ 77% |
| Balance sheet total | € 1,079,351 | € 1,665,181 | € 1,634,669 | € 2,575,497 | ▲ 58% |
| Employees (FTE) | - | 32 | 35.1 | 47.8 | ▲ 12.7 |
Key figures of GUSTUM, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GUSTUM?
What happened at GUSTUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Hasselt. KBO
- New annual accounts for financial year 2025: loss of € 114,623 (▼ € 182,982 vs 2024). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- New establishment in Gent. KBO
- New establishment in Brugge. KBO
- New establishment in Antwerpen. KBO
- New establishment in Wijnegem. KBO
- New establishment in Gent. KBO
In short
From € 9,667 loss in 2021 to € 114,623 loss in 2025.
Paid € 1,400 in corporate taxes since 2021.
Best year ever: 2024, with € 68,358 profit.
On average € 55,800 of value added per employee in 2025.
Management
Behind GUSTUM are NVW ONE BV, NIMORA BV and M6T BV. It owns 100% of Terra Nostrum itself.
Directors
According to the 2025 annual accounts
Director · represented by Nathaniël Van Waeyenberge
since 2023
Director · represented by Jan Froyman
Also active at: Artdeco, Green Park Dressco, WWWD, Green Park Investment Holding, Electroco, Effectco, GROOVEX, Make It Fly +2 more
since 2023
Director · represented by Wim Maeyaert
since 2023
Establishments
Establishment units
Physical locations of this company
Poortakkerstraat 35 box B
9051 Gent
Kortemunt 8
9000 Gent
Active since 28 January 2020
Sint-Katelijneplein 3
1000 Brussel
Active since 1 April 2021
Poortakkerstraat 35 B
9051 Gent
Active since 1 June 2021
Tiensestraat 11
3000 Leuven
Active since 1 June 2021
Karel Rogierstraat 40
2000 Antwerpen
Active since 1 June 2022
Lammerstraat 1
9000 Gent
Active since 1 November 2023
Turnhoutsebaan 5
2110 Wijnegem
Active since 1 March 2025
Sint-Jakobsstraat 1
8000 Brugge
Active since 1 June 2025
De Keyserlei 19
2018 Antwerpen
Active since 1 June 2025
Koningin Maria Hendrikaplein 1
9000 Gent
Active since 19 November 2025
Kapelstraat 100
9100 Sint-Niklaas
Active since 28 November 2025
Gelatineboulevard 1
3500 Hasselt
Active since 15 October 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0742.577.857
- VAT number
- BE 0742.577.857
- Registered office
- Poortakkerstraat 35 bus B, 9051 Gent
- Names & denominations
- GUSTUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 2020
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen