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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
TUSH from Gent, company number BE0752761372, closed financial year 2026 with a result of € 11,018 after tax. For that financial year TUSH recorded a gross margin of € 270,522 and equity of € -50,819. Compared with financial year 2025, the result moved from € 47,852 to € 11,018. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2026.
€ -50,819
▲ € 11,018 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,018
▼ 77% vs 2025
Profit after tax over the fiscal year.
€ 61,230
▲ 166% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -70,819.
People and assets in 2026
€ 211,043
▲ 23% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
€ 51,446
▼ 70% vs 2025
Loans from banks and other lenders, long and short.
€ 81,508
▲ 69% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 20,006
▲ 3% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 77,020 | € 174,808 | € 275,254 | € 270,522 | ▼ 2% |
| Profit after taxes | € -43,880 | € -10,918 | € 47,852 | € 11,018 | ▼ 77% |
| Equity | € -98,771 | € -109,689 | € -61,837 | € -50,819 | ▲ € 11,018 |
| Total debts | € 346,630 | € 373,357 | € 302,066 | € 286,090 | ▼ 5% |
| Cash | € 6,017 | € 25,329 | € 23,051 | € 61,230 | ▲ 166% |
| Retained profit | € -118,771 | € -129,689 | € -81,837 | € -70,819 | ▲ € 11,018 |
| Bank debt | € 245,630 | € 231,736 | € 170,449 | € 51,446 | ▼ 70% |
| Balance sheet total | € 247,859 | € 263,668 | € 240,229 | € 235,271 | ▼ 2% |
| Employees (FTE) | 12.7 | 8.7 | - | - |
Key figures of TUSH, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to TUSH?
What happened at TUSH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 11,018 (▼ 77% vs 2025). Source: NBB ↗
- MFPL BV BV became a director. NBB
- Laura Vanloot stepped down as director. NBB
- Hendrik Vanderstichele stepped down as director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,880 loss in 2023 to € 11,018 profit in 2026.
Best year ever: 2025, with € 47,852 profit.
On average € 20,100 of value added per employee in 2024.
Management
The stake of MFPL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TUSHBehind TUSH is MFPL BV BV. The shares are held by MFPL (100%).
Directors
According to the 2026 annual accounts
Director · represented by Moussaoui Manu
since 2025
Laura Vanloot
Director
· until 2025
Hendrik Vanderstichele
Director
· until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hoogpoort 50 box 1
9000 Gent
Hoogpoort 50 box .001
9000 Gent
Active since 20 August 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0752.761.372
- VAT number
- BE 0752.761.372
- Registered office
- Hoogpoort 50 bus 1, 9000 Gent
- Names & denominations
- TUSH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 2020
- Peppol
- Active · Active since 20 Oct 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen