Warning lights
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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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KRINGLOOPCENTRUM KUST from Oostende, company number BE0892003783, closed financial year 2025 with a result of € 157,495 after tax. For that financial year KRINGLOOPCENTRUM KUST recorded a gross margin of € 3.5 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 186,714 to € 157,495. 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 June 22, 2026.
€ 1.1 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 157,495
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 162,593
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
81.4
▲ 10.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▲ 16% vs 2024
€ 38,500 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.
€ 24,076
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 961,225
▼ 13% vs 2024
€ 112,878 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 141,022
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 410,269
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,255,645 | € 2,882,489 | € 3,057,150 | € 3,489,379 | ▲ 14% |
| Profit after taxes | € 65,163 | € 200,183 | € 186,714 | € 157,495 | ▼ 16% |
| Equity | € 403,216 | € 569,259 | € 967,637 | € 1,109,245 | ▲ 15% |
| Total debts | € 1,620,300 | € 1,695,150 | € 1,614,303 | € 1,559,672 | ▼ 3% |
| Cash | € 205,120 | € 293,651 | € 373,549 | € 162,593 | ▼ 56% |
| Land & buildings | € 1,065,111 | € 1,096,366 | € 1,270,000 | € 1,192,136 | ▼ 6% |
| Retained profit | € 202,221 | € 402,404 | € 604,118 | € 791,613 | ▲ 31% |
| Bank debt | € 1,172,614 | € 1,253,532 | € 1,105,869 | € 961,225 | ▼ 13% |
| Balance sheet total | € 2,023,516 | € 2,264,409 | € 2,581,940 | € 2,668,917 | ▲ 3% |
| Employees (FTE) | 58.5 | 67 | 70.5 | 81.4 | ▲ 10.9 |
Key figures of KRINGLOOPCENTRUM KUST, 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 KRINGLOOPCENTRUM KUST?
What happened at KRINGLOOPCENTRUM KUST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 157,495 (▼ 16% vs 2024). Source: NBB ↗
- New establishment in Oudenburg. KBO
- OCMW Gistel became a director. NBB
- OCMW Ichtegem became a director. NBB
- Gemeente Middelkerke became a director. NBB
- Stad Oostende became a director. NBB
- OCMW Bredene became a director. NBB
- Hendrik Huys became a director. NBB
In short
From € 65,163 profit in 2022 to € 157,495 profit in 2025.
Paid € 818 in corporate taxes since 2022.
Best year ever: 2023, with € 200,183 profit.
On average € 42,900 of value added per employee in 2025.
Management
Behind KRINGLOOPCENTRUM KUST are Isabelle Capelle, Michel Vincke, OCMW Gistel, OCMW Ichtegem, Jan De Wit and Gemeente Middelkerke . Isabelle Capelle is also behind DIENSTENBEDRIJF BREDENE OUDENBURG DE HAAN. Michel Vincke is also behind POETSPUNT OOSTENDE, PERSPECTIEF, DIENSTENBEDRIJF 't POETSHUIS OOSTENDE and JEANTIGA.
Directors
According to the 2025 annual accounts
since 2019
Michel Vincke
Director
Also active at: POETSPUNT OOSTENDE, PERSPECTIEF, DIENSTENBEDRIJF 't POETSHUIS OOSTENDE, JEANTIGA
since 2019
Director · represented by Kim Verhaeghe
since 2025
Director · represented by Koen Gadeyne
since 2025
Jan De Wit
Director
since 2019
Director · represented by Ethem De Blieck
since 2025
Director · represented by Keshia Van Gaeveren
since 2025
Dienstenbedrijf BOD Bredene CVBA/Soc
Director · represented by Romain Roose
Also active at: Starterslabo West-Vlaanderen
since 2019
since 2019
Ignace Dereeper
Chairman of the board
Also active at: LAVORO, ASPIRAVI SAMEN, DIENSTENBEDRIJF BREDENE OUDENBURG DE HAAN
since 2019
Director · represented by Magali Vanhaeren
since 2025
Hendrik Huys
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Karperstraat 10
8400 Oostende
Torhoutsesteenweg 29
8400 Oostende
Active since 19 October 2007
Torhoutsesteenweg 35
8400 Oostende
Active since 19 October 2007
Duinenstraat 114
8450 Bredene
Active since 19 October 2007
Industriestraat(ICH) 61
8480 Ichtegem
Active since 19 October 2007
Oostendelaan 304C
8430 Middelkerke
Active since 17 January 2009
Oostendse Baan 49
8470 Gistel
Active since 1 July 2019
Kapellestraat 88
8400 Oostende
Active since 1 June 2022
Stationsstraat 54 box a
8460 Oudenburg
Active since 1 November 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
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Website info
Features
Security
Network
Details
- Company number
- 0892.003.783
- VAT number
- BE 0892.003.783
- Registered office
- Karperstraat 10, 8400 Oostende
- Names & denominations
- KRINGLOOPCENTRUM KUST
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 10 September 2007
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- kringwinkel.be [email protected] 059509097
- Activities · NACE
Beschutte en sociale werkplaatsen
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Detailhandel in tweedehandsgoederen
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