Financials
Financial year 2025
TRUST from Gent, company number BE0845448535, closed financial year 2025 with a result of € 1,622 after tax. For that financial year TRUST recorded a gross margin of € 55,787 and equity of € 221,685. Compared with financial year 2024, the result moved from € -46,268 to € 1,622. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 221,685
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,622
▲ still € 46,268 loss in 2024
Profit after tax over the fiscal year.
€ 60,259
▲ € 50,606 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 203,085.
People and assets in 2025
€ 22,380
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 281,667
▼ 9% vs 2024
€ 20,000 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 153,362
▲ 258% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,228
▼ 13% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 156,645 | € 92,248 | € 12,044 | € 55,787 | ▲ € 43,743 |
| Profit after taxes | € 41,352 | € 23,443 | € -46,268 | € 1,622 | ▲ € 47,890 |
| Equity | € 242,889 | € 266,332 | € 220,064 | € 221,685 | ▲ 1% |
| Total debts | € 1,797,016 | € 1,213,303 | € 1,020,169 | € 1,111,518 | ▲ 9% |
| Cash | € 84,868 | € 155,085 | € 9,653 | € 60,259 | ▲ € 50,606 |
| Land & buildings | € 714,063 | € 737,621 | € 706,023 | € 683,509 | ▼ 3% |
| Retained profit | € 224,289 | € 247,732 | € 201,464 | € 203,085 | ▲ 1% |
| Bank debt | € 341,667 | € 321,667 | € 308,727 | € 281,667 | ▼ 9% |
| Balance sheet total | € 2,039,905 | € 1,479,635 | € 1,240,232 | € 1,333,203 | ▲ 7% |
Key figures of TRUST, 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 TRUST?
What happened at TRUST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,622. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,352 profit in 2022 to € 1,622 profit in 2025.
Paid € 34,979 in corporate taxes since 2022.
Best year ever: 2022, with € 41,352 profit.
Management
Behind TRUST is Jan Versyp. Jan Versyp is also behind JVG and 7d Studio.
Establishments
Establishment units
Physical locations of this company
Coupure 53 box 301
9000 Gent
Coupure 53 box 1
9000 Gent
Active since 14 June 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →JVG same network
€ 490,662 gross margin · 2025
Peter Claes
7d Studio same network
€ 2,789 gross margin · 2025
JANG!
The Data Tank
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0845.448.535
- VAT number
- BE 0845.448.535
- Registered office
- Coupure 53 bus 301, 9000 Gent
- Names & denominations
- TRUST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2012
- Peppol
- Active · Active since 24 Oct 2025
- Activities · NACE
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