KURSAD is a road construction company in Berlare. Private Limited, started on 10 December 2021, 1 establishment.

What is the address of KURSAD?

The registered office of KURSAD is located at Fonteinstraat (U) 9, 9290 Berlare.

Is KURSAD still active?

Yes. According to the CBE (31 October 2026) KURSAD is active, legal situation “Normale toestand”, started on 10 December 2021.

Is KURSAD registered on Peppol?

Yes, KURSAD is registered on the Peppol network with ID 0208:0778499135.

What is the enterprise number of KURSAD?

The enterprise number of KURSAD is BE0778499135.

When was KURSAD founded?

KURSAD was founded on 10 December 2021.

Who are the directors of KURSAD?

According to the 2025 annual accounts, the directors of KURSAD are: Huseyin Bicer.

Is KURSAD a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 December 2021; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did KURSAD make in 2025?

KURSAD posted a profit after taxes of € 4,200 in financial year 2025.

What is the revenue of KURSAD?

As a small company, KURSAD is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 45,133.

KURSAD (Private Limited) - Berlare - BE0778499135

Dossier KURSAD, printed on 31 October 2026 from databakkes.be/en/0778499135/kursad. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

KURSAD from Berlare, company number BE0778499135, closed financial year 2025 with a result of € 4,200 after tax. For that financial year KURSAD recorded a gross margin of € 45,133 and equity of € 156,005. Compared with financial year 2024, the result moved from € 29,459 to € 4,200. 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 August 3, 2026.

What it is worth Growing

€ 156,005

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 4,200

▼ 86% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 46,839

▼ 61% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 146,005.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 31,917

▼ 52% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 8,379

▼ 1% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 63,139

▲ 191% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 34,849

▲ 161% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 81,164 Gross margin 2022: € 81,164 First fiscal year in the series	€ 144,958 Gross margin 2023: € 144,958 ▲ 79% vs 2022 (€ 81,164) Favourable step	€ 112,781 Gross margin 2024: € 112,781 ▼ 22% vs 2023 (€ 144,958) Unfavourable step	€ 45,133 Gross margin 2025: € 45,133 ▼ 60% vs 2024 (€ 112,781) Unfavourable step	▼ 60%
Profit after taxes	€ 36,951 Profit after taxes 2022: € 36,951 First fiscal year in the series	€ 75,395 Profit after taxes 2023: € 75,395 ▲ 104% vs 2022 (€ 36,951) Favourable step	€ 29,459 Profit after taxes 2024: € 29,459 ▼ 61% vs 2023 (€ 75,395) Unfavourable step	€ 4,200 Profit after taxes 2025: € 4,200 ▼ 86% vs 2024 (€ 29,459) Unfavourable step	▼ 86%
Equity	€ 46,951 Equity 2022: € 46,951 First fiscal year in the series	€ 122,346 Equity 2023: € 122,346 ▲ 161% vs 2022 (€ 46,951) Favourable step	€ 151,805 Equity 2024: € 151,805 ▲ 24% vs 2023 (€ 122,346) Favourable step	€ 156,005 Equity 2025: € 156,005 ▲ 3% vs 2024 (€ 151,805) Favourable step	▲ 3%
Total debts	€ 50,045 Total debts 2022: € 50,045 First fiscal year in the series	€ 62,966 Total debts 2023: € 62,966 ▲ 26% vs 2022 (€ 50,045) Unfavourable step	€ 44,247 Total debts 2024: € 44,247 ▼ 30% vs 2023 (€ 62,966) Favourable step	€ 107,188 Total debts 2025: € 107,188 ▲ 142% vs 2024 (€ 44,247) Unfavourable step	▲ 142%
Cash	€ 23,098 Cash 2022: € 23,098 First fiscal year in the series	€ 105,395 Cash 2023: € 105,395 ▲ € 82,297 vs 2022 (€ 23,098) Favourable step	€ 119,517 Cash 2024: € 119,517 ▲ 13% vs 2023 (€ 105,395) Favourable step	€ 46,839 Cash 2025: € 46,839 ▼ 61% vs 2024 (€ 119,517) Unfavourable step	▼ 61%
Retained profit	€ 36,951 Retained profit 2022: € 36,951 First fiscal year in the series	€ 112,346 Retained profit 2023: € 112,346 ▲ 204% vs 2022 (€ 36,951) Favourable step	€ 141,805 Retained profit 2024: € 141,805 ▲ 26% vs 2023 (€ 112,346) Favourable step	€ 146,005 Retained profit 2025: € 146,005 ▲ 3% vs 2024 (€ 141,805) Favourable step	▲ 3%
Balance sheet total	€ 96,996 Balance sheet total 2022: € 96,996 First fiscal year in the series	€ 185,311 Balance sheet total 2023: € 185,311 ▲ 91% vs 2022 (€ 96,996) Unchanged	€ 196,052 Balance sheet total 2024: € 196,052 ▲ 6% vs 2023 (€ 185,311) Unchanged	€ 263,193 Balance sheet total 2025: € 263,193 ▲ 34% vs 2024 (€ 196,052) Unchanged	▲ 34%

Key figures of KURSAD, 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 KURSAD?

What happened at KURSAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 3, 2026 New annual accounts for financial year 2025: profit of € 4,200 (▼ 86% vs 2024). filed late Source: NBB ↗
Jan 3, 2022 New establishment in Berlare. KBO
Dec 10, 2021 Start of the company according to the CBE. KBO

In short

From € 36,951 profit in 2022 to € 4,200 profit in 2025.

Paid € 42,159 in corporate taxes since 2022.

Best year ever: 2023, with € 75,395 profit.

Original PDFs at the National Bank ↗

Management

Huseyin Bicer

KURSAD

Behind KURSAD is Huseyin Bicer.

Directors

According to the 2025 annual accounts

Huseyin Bicer

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Fonteinstraat (U) 9

9290 Berlare

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0778.499.135

VAT number

BE 0778.499.135

Registered office

Fonteinstraat (U) 9, 9290 Berlare

Names & denominations

KURSAD

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

10 December 2021

Peppol

Active · Active since 19 Sept 2023

Activities · NACE

Bouw van autowegen en andere wegen

Slopen

View on CBE Public ↗ Annual accounts (NBB) ↗

KURSAD

Financials

What happened to KURSAD?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions