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DE KUST

Active
Private limited companyfounded 198342 yrs activeHoogstraat 21, 8340 Damme, BelgiumKBO/BCE: BE 0425.020.445

DE KUST has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €24k. Equity is growing by ~43.6% per year across the filed fiscal years. Its solvency ranks better than 60% of 444 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
94 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency83▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.53 in 2024), but 54.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

6 signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 42 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
45.8%
Return on assets
32.1%
Age of the figures
8 mo
raises risk · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
2 d early
2023
1 d early
2022
3 d early
2021
30 d early
2020
on the day
2018
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
04-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€34k▲ 34.4%
2024 · €25k
2023: €12k 2024: €25k
2023 → 2025
Total assets
€74k▲ 44.7%
2024 · €51k
2023: €44k 2024: €51k
2023 → 2025
Net result
€24k▲ 78.5%
2024 · €13k
2023: €2k 2024: €13k
2023 → 2025
Working capital
€26k▲ 88.6%
2024 · €14k
2023: €-1k 2024: €14k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€12k-€25k▲ 111%€34k▲ 34.4%
Operating result€5k-€17k▲ 239%€30k▲ 74.8%
Net result€2k-€13k▲ 453%€24k▲ 78.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2023: €5k€5kNet result 2023: €2k€2kOperating result 2024: €17k€17kNet result 2024: €13k€13kOperating result 2025: €30k€30kNet result 2025: €24k€24k202320242025
The operating result has risen two years in a row; 2025 is 75% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets €8k▼ 31.6%
Current assets €66k▲ 66.5%
Equity and liabilities €74k
Equity €34k▲ 34.4%
Debt €40k▲ 54.7%
The debt ratio rises from 50.7% to 54.2%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€34k
2024 · €21k
Cash flow
€27k
2024 · €17k
Solvency
45.8%
2024 · 49.3%
Current ratio
1.65
2024 · 1.53
Quick ratio
1.65
2024 · 1.53
Debt / equity
1.18
2024 · 1.03
ROE
70.0%
2024 · 52.7%
ROA
32.1%
2024 · 26.0%
Interest coverage
47.81
2024 · 22.68
Debt
€40k
2024 · €26k
Debt ≤ 1 year
€40k
2024 · €26k
Income taxes
€6k
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025
Balance sheet Code2025
Total assets 20/58€74k
Fixed assets 21/28€8k
Tangible fixed assets 22/27€8k
Current assets 29/58€66k
Amounts receivable within one year 40/41€57k
Cash & bank 54/58€9k
Total equity & liabilities 10/49€74k
Equity 10/15€34k
Contributions / capital 10/11€19k
Reserves 13€15k
Amounts payable 17/49€40k
Amounts payable within one year 42/48€40k
Trade debts payable within one year 44€134
Income statement Code2025
Gross operating margin 9900€35k
Operating result 9901€30k
Financial income 75€52
Financial charges 65€706
Result before taxes 9903€30k
Income taxes 67/77€6k
Net result for the period 9904€24k
Result to be appropriated 9905€24k
This is the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Highest result since 2023net €24k ▲78.5%
Operating result €30k, net result €24k, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
25-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
22-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 1,708 companies in sector 81230 we hold annual accounts for 444. 317 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-12-1983
Fiscal year end31-12
Activities, NACEBEL
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers

Data from official sources, last processed on 03-08-2026. Scores and ratios are computed by Checked and are not a credit decision.