Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Kurt Van Iseghem from Torhout, company number BE0822476757, closed financial year 2025 with a result of € -2,364 after tax. For that financial year Kurt Van Iseghem recorded a gross margin of € 31,642 and equity of € 70,255. Compared with financial year 2024, the result moved from € 13,640 to € -2,364. 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 June 29, 2026.
€ 70,255
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,364
▼ still € 13,640 profit in 2024
Profit after tax over the fiscal year.
€ 491
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 64,055.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 22,225
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 151,783
▼ 8% vs 2024
€ 27,053 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 9,683
▲ 172% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,061
▲ 41% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 53,774 | € 46,597 | € 40,231 | € 31,642 | ▼ 21% |
| Profit after taxes | € 22,976 | € 17,462 | € 13,640 | € -2,364 | ▼ € 16,003 |
| Equity | € 68,017 | € 85,479 | € 95,119 | € 70,255 | ▼ 26% |
| Total debts | € 186,635 | € 163,224 | € 176,095 | € 189,031 | ▲ 7% |
| Cash | € 4,365 | € 9,289 | € 2,684 | € 491 | ▼ 82% |
| Land & buildings | € 202,500 | € 195,750 | € 189,000 | € 182,250 | ▼ 4% |
| Retained profit | € 61,817 | € 79,279 | € 88,919 | € 64,055 | ▼ 28% |
| Dividend | € 5,000 | € 0 | € 4,000 | € 22,500 | ▲ € 18,500 |
| Bank debt | € 165,694 | € 147,632 | € 164,943 | € 151,783 | ▼ 8% |
| Balance sheet total | € 254,651 | € 248,703 | € 271,214 | € 259,286 | ▼ 4% |
Key figures of Kurt Van Iseghem, 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 Kurt Van Iseghem?
What happened at Kurt Van Iseghem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,364 (▼ € 16,003 vs 2024). Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,976 profit in 2022 to € 2,364 loss in 2025.
Paid € 21,080 in corporate taxes since 2022.
Best year ever: 2022, with € 22,976 profit.
Paid out € 31,500 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Kurt Van Iseghem is Kurt Van Iseghem.
Directors
According to the 2025 annual accounts
Kurt Van Iseghem
Manager
Establishments
Establishment units
Physical locations of this company
Strepestraat 5
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0822.476.757
- VAT number
- BE 0822.476.757
- Registered office
- Strepestraat 5, 8820 Torhout
- Names & denominations
- Kurt Van Iseghem
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2010
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken