Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JUSTART from Veurne, company number BE1003881605, closed financial year 2025 with a result of € 91,144 after tax. For that financial year JUSTART recorded a gross margin of € 196,814 and equity of € -19,537. Compared with financial year 2024, the result moved from € -120,681 to € 91,144. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ -19,537
▲ € 91,144 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,144
▲ still € 120,681 loss in 2024
Profit after tax over the fiscal year.
€ 20,476
▼ 6% 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 € -29,537.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 47,492
▲ 206% vs 2024
€ 47,500 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.
€ 5,650
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 292,402
▼ 28% vs 2024
€ 40,417 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 58,683
▲ 116% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,214
▲ € 44,268 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -71,228 | € 196,814 | ▲ € 268,043 |
| Profit after taxes | € -120,681 | € 91,144 | ▲ € 211,825 |
| Equity | € -110,681 | € -19,537 | ▲ € 91,144 |
| Total debts | € 672,299 | € 645,775 | ▼ 4% |
| Cash | € 21,715 | € 20,476 | ▼ 6% |
| Retained profit | € -120,681 | € -29,537 | ▲ € 91,144 |
| Bank debt | € 405,993 | € 292,402 | ▼ 28% |
| Balance sheet total | € 561,619 | € 626,238 | ▲ 12% |
| Employees (FTE) | - | 1 |
Key figures of JUSTART, fiscal years 2024 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 JUSTART?
What happened at JUSTART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 91,144. filed late Source: NBB ↗
- ARTHUR DEBANDT became a director. NBB
- New establishment in Koksijde. KBO
- New establishment in Veurne. KBO
- ISABELLE VRANKEN became a director. NBB
- WIM DEBANDT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 120,681 loss in 2024 to € 91,144 profit in 2025.
Best year ever: 2025, with € 91,144 profit.
On average € 196,800 of value added per employee in 2025.
A new publication or filing at JUSTART? We notify you, reason included.
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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 JUSTART are ISABELLE VRANKEN, ARTHUR DEBANDT and WIM DEBANDT.
Directors
According to the 2025 annual accounts
ISABELLE VRANKEN
Director
since 2023
ARTHUR DEBANDT
Director
since 2024
WIM DEBANDT
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Pannestraat 35
8630 Veurne
Strandlaan(Kok) 288
8670 Koksijde
Active since 25 September 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1003.881.605
- VAT number
- BE 1003.881.605
- Registered office
- Pannestraat 35, 8630 Veurne
- Names & denominations
- JUSTART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 2023
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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