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 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SUSTAIN from Zwalm, company number BE0758440822, closed financial year 2025 with a result of € -5,982 after tax. For that financial year SUSTAIN recorded a gross margin of € -4,220 and equity of € -23,932. Compared with financial year 2024, the result moved from € -5,375 to € -5,982. The company made a loss. 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 January 6, 2026.
€ -23,932
▼ € 5,982 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,982
▼ 11 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,027
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -33,932.
Debts at end 2025
€ 352,000
▲ 5% vs 2024
€ 242,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 991
▲ € 926 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,070 | € -13,590 | € -4,243 | € -4,220 | ▲ € 22 |
| Profit after taxes | € -7,876 | € -14,700 | € -5,375 | € -5,982 | ▼ € 607 |
| Equity | € 2,124 | € -12,576 | € -17,950 | € -23,932 | ▼ € 5,982 |
| Total debts | € 281,022 | € 317,324 | € 342,298 | € 367,494 | ▲ 7% |
| Cash | € 2,766 | € 5,937 | € 3,624 | € 1,027 | ▼ 72% |
| Retained profit | € -7,876 | € -22,576 | € -27,950 | € -33,932 | ▼ € 5,982 |
| Bank debt | € 280,000 | € 313,000 | € 335,000 | € 352,000 | ▲ 5% |
| Balance sheet total | € 283,147 | € 304,749 | € 324,348 | € 343,562 | ▲ 6% |
Key figures of SUSTAIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SUSTAIN?
What happened at SUSTAIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,982. Source: NBB ↗
- New establishment in Zwalm. KBO
- Lieselotte Steurbaut became a director. NBB
- Wannes Wylin became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 7,876 loss in 2022 to € 5,982 loss in 2025.
Management
Behind SUSTAIN are Lieselotte Steurbaut and Wannes Wylin. Lieselotte Steurbaut is also behind Steurbaut Architecten. Wannes Wylin is also behind Starterslabo Oost-Vlaanderen and SuCre.
Directors
According to the 2025 annual accounts
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Schoolstraat(Ned) 12
9636 Zwalm
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
- 0758.440.822
- VAT number
- BE 0758.440.822
- Registered office
- Schoolstraat(Ned) 12, 9636 Zwalm
- Names & denominations
- SUSTAIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2020
- Peppol
- Active · Active since 10 Apr 2026
- Activities · NACE
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