Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4 to 3.
Financials
Financial year 2025
KUSTERS GENT from Lievegem, company number BE0810594158, closed financial year 2025 with a result of € -41,782 after tax. For that financial year KUSTERS GENT recorded a gross margin of € 242,163 and equity of € 232,839. Compared with financial year 2024, the result moved from € 14,423 to € -41,782. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 232,839
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,782
▼ still € 14,423 profit in 2024
Profit after tax over the fiscal year.
€ 254,843
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 214,247.
People and assets in 2025
3
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 226,115
▼ 9% vs 2024
€ 75,400 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.
€ 34,725
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 259,910
▼ 14% vs 2024
€ 38,884 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 338,228
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,387
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 309,105 | € 411,511 | € 332,411 | € 242,163 | ▼ 27% |
| Profit after taxes | € 9,497 | € 42,601 | € 14,423 | € -41,782 | ▼ € 56,205 |
| Equity | € 217,596 | € 260,198 | € 274,621 | € 232,839 | ▼ 15% |
| Total debts | € 781,564 | € 587,993 | € 533,657 | € 618,822 | ▲ 16% |
| Cash | € 236,899 | € 199,228 | € 200,258 | € 254,843 | ▲ 27% |
| Land & buildings | € 430,224 | € 409,676 | € 389,129 | € 368,582 | ▼ 5% |
| Retained profit | € 199,004 | € 241,606 | € 256,029 | € 214,247 | ▼ 16% |
| Bank debt | € 327,024 | € 296,620 | € 302,433 | € 259,910 | ▼ 14% |
| Balance sheet total | € 999,160 | € 848,190 | € 808,278 | € 851,661 | ▲ 5% |
| Employees (FTE) | 4 | 4 | 3.4 | 3 | ▼ 0.4 |
Key figures of KUSTERS GENT, 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 KUSTERS GENT?
What happened at KUSTERS GENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 41,782 (▼ € 56,205 vs 2024). Source: NBB ↗
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,497 profit in 2022 to € 41,782 loss in 2025.
Paid € 31,209 in corporate taxes since 2022.
Best year ever: 2023, with € 42,601 profit.
On average € 80,700 of value added per employee in 2025.
Management
Behind KUSTERS GENT are PATRICK ROGIERS and KURT KUSTERS. KURT KUSTERS is also behind SOPIMAR and KUSTERS.
Establishments
Establishment units
Physical locations of this company
Grote Baan 324
9930 Lievegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0810.594.158
- VAT number
- BE 0810.594.158
- Registered office
- Grote Baan 324, 9930 Lievegem
- Names & denominations
- KUSTERS GENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2009
- Peppol
- Active · Active since 12 Aug 2025
- Activities · NACE
Schrijnwerk
Glaszetten