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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Eastman Belgium Finance from Gent, company number BE0794912228, closed financial year 2025 with a result of € -2.8 million after tax. For that financial year Eastman Belgium Finance recorded a gross margin of € -39,514 and equity of € 61.4 million. Compared with financial year 2024, the result moved from € 4.5 million to € -2.8 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 61.4 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.8 million
▼ still € 4.5 million profit in 2024
Profit after tax over the fiscal year.
€ 1,181
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.5 million.
Debts at end 2025
€ 15,368
▲ 72% vs 2024
Loans from banks and other lenders, long and short.
€ 18,400
▲ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.6 million
▼ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | - | € -35,425 | € -39,514 | ▼ € 4,089 |
| Profit after taxes | € 829,901 | € 4,471,184 | € -2,779,210 | ▼ € 7.3 million |
| Equity | € 839,901 | € 64,151,096 | € 61,371,886 | ▼ 4% |
| Total debts | € 59,336,484 | € 3,537,746 | € 1,630,320 | ▼ 54% |
| Cash | € 473 | € 5,807 | € 1,181 | ▼ 80% |
| Retained profit | € 829,901 | € 5,301,085 | € 2,521,875 | ▼ 52% |
| Bank debt | € 57,025,852 | € 8,929 | € 15,368 | ▲ 72% |
| Balance sheet total | € 60,176,385 | € 67,688,842 | € 63,002,206 | ▼ 7% |
Key figures of Eastman Belgium Finance, fiscal years 2023 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 Eastman Belgium Finance?
What happened at Eastman Belgium Finance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2.8 million (▼ € 7.3 million vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Joris Kuijpers became a director. NBB
- Sabine Ketsman became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 829,901 profit in 2023 to € 2.8 million loss in 2025.
Paid € 1.9 million in corporate taxes since 2023.
Best year ever: 2024, with € 4.5 million profit.
Management
Behind Eastman Belgium Finance are Joris Kuijpers and Sabine Ketsman. The same people are also behind Eastman Chemical Technology. Sabine Ketsman is also behind Taminco.
Directors
According to the 2025 annual accounts
since 2022
since 2022
Establishments
Establishment units
Physical locations of this company
Pantserschipstraat 207
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0794.912.228
- VAT number
- BE 0794.912.228
- Registered office
- Pantserschipstraat 207, 9000 Gent
- Names & denominations
- Eastman Belgium Finance
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2022
- Peppol
- Not registered