KRINGLOOPCENTRUM KUST
ActiveFrom the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
KRINGLOOPCENTRUM KUST has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €157,495. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 56% of 5,034 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 10-09-2007 Normal situation
- Legal form
- Non-profit association
- Registered office
- Karperstraat 10, 8400 Oostende
- Activity
- Retail sale of second-hand clothing NACE 47792and 4 others
- Establishment units
- 9 establishment units
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €3.5m
- ▲ 14.1%
- Turnover
- ≈ €8.8m
- estimated
- Surplus
- €157,495
- ▼ 15.6%
- Equity
- €1.1m
- ▲ 14.6%
- Total assets
- €2.7m
- ▲ 3.4%
- Staff
- 81.4 FTE
- ▲ 15.5%
2025 accounts 39 days early
Filed on 22-06-2026at the National Bank
Why 96lowers riskLegal form: non-profit associationFounded in 2007Figures for financial year 2025 (filed 22-06-2026)Profit of €157,495 (financial year 2025)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 47, medium-sized)
Financial strength · tick = 2024
Strong
Solvency
67+5
equity 41.6% of total assets
Liquidity
45-11
short-term debt 30.0% · cash 6.1%
Profitability
76-2
return on assets 5.9%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● unchanged vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.22, compared with 1.37 in 2024, below the usual 1.5; short-term debt: 30% and cash: 6.1% of total assets), and 58.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, medium-sized): better than 68% on solvency, 61% on liquidity, 81% on profitability and 70% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 days early
2024
38 days early
2023
50 days early
2022
40 days early
2021
27 days early
2020
44 days early
2019
110 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials · financial year 2025, full format
In the rankings
#2 company by staff growth in Ostend, Wholesale and retail trade sector#3 employer in Ostend, Wholesale and retail trade sector
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 22-06-2026
- Format
- full format
- Reference
- 2026-00200687
Turnover
≈ €8.8m
Estimated: probably between €6.8m and €13.0m
EBIT margin
Not included in this filing
Net result
€157,495▼ 15.6%
2024 · €186,714
Working capital
€172,926▼ 37.6%
2024 · €277,249
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 13% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.2m
2025
Net result€0.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.7m
2025
Equity€1.1m
2025
Debt€1.6m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency41.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.22
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)81.4
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.03m--€0.01m-€0.02m▼ 68.9%€0.07m€0.09m▲ 30.2%€0.2m▲ 165%€0.2m▼ 4.9%€0.2m▼ 13.4%
Net result€0.02m--€0.03m-€0.03mbelow the sector's middle half▼ 17.0%€0.04mwithin the sector's middle half€0.07mwithin the sector's middle half▲ 48.5%€0.2mabove the sector's middle half▲ 207%€0.2mabove the sector's middle half▼ 6.7%€0.2mwithin the sector's middle half▼ 15.6%
Equity€0.4m-€0.4m▼ 0.6%€0.3mwithin the sector's middle half▼ 20.2%€0.3mwithin the sector's middle half▲ 2.0%€0.4mwithin the sector's middle half▲ 39.4%€0.6mwithin the sector's middle half▲ 41.2%€1.0mabove the sector's middle half▲ 70.0%€1.1mwithin the sector's middle half▲ 14.6%
Total assets€1.0m-€1.0m▲ 4.9%€1.0mwithin the sector's middle half▲ 0.7%€1.8mabove the sector's middle half▲ 75.5%€2.0mabove the sector's middle half▲ 10.3%€2.3mabove the sector's middle half▲ 11.9%€2.6mabove the sector's middle half▲ 14.0%€2.7mwithin the sector's middle half▲ 3.4%
Debt€0.6m-€0.7m▲ 8.0%€0.8m▲ 11.5%€1.5m▲ 103%€1.6m▲ 4.9%€1.7m▲ 4.6%€1.6m▼ 4.8%€1.6m▼ 3.4%
Working capital€0.1m-€0.1m▲ 7.0%€0.1mwithin the sector's middle half▼ 8.0%€0.1mwithin the sector's middle half▼ 17.8%€0.1mwithin the sector's middle half▲ 15.6%€0.2mwithin the sector's middle half▲ 36.5%€0.3mwithin the sector's middle half▲ 63.3%€0.2mwithin the sector's middle half▼ 37.6%
Solvency36.1%-34.2%▼ 1.9pp27.1%within the sector's middle half▼ 7.1pp15.8%below the sector's middle half▼ 11.4pp19.9%within the sector's middle half▲ 4.2pp25.1%within the sector's middle half▲ 5.2pp37.5%within the sector's middle half▲ 12.3pp41.6%within the sector's middle half▲ 4.1pp
Current ratio1.32-1.38▲ 0.061.27within the sector's middle half▼ 0.111.24within the sector's middle half▼ 0.031.19within the sector's middle half▼ 0.051.23within the sector's middle half▲ 0.041.37within the sector's middle half▲ 0.141.22within the sector's middle half▼ 0.15
Return on assets (ROA)2.3%--2.8%▼ 5.1pp-3.2%below the sector's middle half▼ 0.5pp2.4%within the sector's middle half▲ 5.6pp3.2%within the sector's middle half▲ 0.8pp8.8%within the sector's middle half▲ 5.6pp7.2%within the sector's middle half▼ 1.6pp5.9%within the sector's middle half▼ 1.3pp
Staff (FTE)37.7-44.4▲ 17.8%49above the sector's middle half▲ 10.4%50.5above the sector's middle half▲ 3.1%58.5above the sector's middle half▲ 15.8%67above the sector's middle half▲ 14.5%70.5above the sector's middle half▲ 5.2%81.4above the sector's middle half▲ 15.5%
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€1.7m ▲ 9.1%
Current assets
€974,187 ▼ 5.3%
Equity and liabilities €2.7m
Equity
€1.1m ▲ 14.6%
Debt
€1.6m ▼ 3.4%
Debt's share of the balance-sheet total falls from 62.5% to 58.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€343,355▼
2024 · €344,929
Cash flow
€307,391▼
2024 · €308,197
Quick ratio
0.49▼
2024 · 0.88
Debt to equity
1.41▼
2024 · 1.67
ROE
14.2%▼
2024 · 19.3%
Interest coverage
9.09▲
2024 · 8.57
Debt ≤ 1 year
€801,262▲
2024 · €751,334
Debt > 1 year
€711,255▼
2024 · €824,132
Income taxes
€300▲
2024 · €181
Staff costs
€3.1m▲
2024 · €2.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 546 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95.2% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
4.2%
stopped otherwise
95.2%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.05m | - | €0.005m | €0.006m | - | - |
| Remuneration, social security and pensions62 | - | - | - | €1.6m | €2.0m | €2.5m | €2.7m | €3.1m | ▲ 16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 23.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.003m | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.008m | €0.01m | €0.01m | €0.008m | €0.01m | ▲ 23.7% |
| Non-recurring operating charges66A | - | - | - | €0.02m | €0.001m | - | - | - | - |
| Gross operating margin9900 | €1.3m | €1.5m | €1.4m | €1.9m | €2.3m | €2.9m | €3.1m | €3.5m | ▲ 14.1% |
| Operating profit (loss)9901 | €0.03m | -€0.01m | -€0.02m | €0.07m | €0.09m | €0.2m | €0.2m | €0.2m | ▼ 13.4% |
| Financial income75/76B | - | - | - | €0.002m | €0.001m | - | €0.004m | €0.002m | ▼ 43.3% |
| Recurring financial income75 | €8 | €8 | €8 | €0.002m | €0.001m | - | €0.004m | €0.002m | ▼ 43.3% |
| Financial charges65/66B | - | - | - | €0.03m | €0.02m | €0.03m | €0.04m | €0.04m | ▼ 6.2% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.01m | €0.03m | €0.02m | €0.03m | €0.04m | €0.04m | ▼ 6.2% |
| Profit (loss) for the period before taxes9903 | €0.01m | -€0.03m | -€0.03m | €0.04m | €0.07m | €0.2m | €0.2m | €0.2m | ▼ 15.6% |
| Income taxes67/77 | - | - | - | €389 | €174 | €163 | €181 | €300 | ▲ 65.9% |
| Profit (loss) for the period9904 | €0.02m | -€0.03m | -€0.03m | €0.04m | €0.07m | €0.2m | €0.2m | €0.2m | ▼ 15.6% |
| Profit (loss) for the period to be appropriated9905 | €0.02m | -€0.03m | -€0.03m | €0.04m | €0.07m | €0.2m | €0.2m | €0.2m | ▼ 15.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.0m | €1.0m | €1.0m | €1.8m | €2.0m | €2.3m | €2.6m | €2.7m | ▲ 3.4% |
| Fixed assets21/28 | €0.4m | €0.5m | €0.4m | €1.3m | €1.3m | €1.4m | €1.6m | €1.7m | ▲ 9.1% |
| Intangible fixed assets21 | - | - | - | €0.001m | €0.004m | €0.003m | €0.004m | €0.01m | ▲ 290% |
| Tangible fixed assets22/27 | €0.4m | €0.5m | €0.4m | €1.3m | €1.2m | €1.3m | €1.5m | €1.7m | ▲ 8.5% |
| Land and buildings22 | - | - | - | €1.2m | €1.1m | €1.1m | €1.3m | €1.2m | ▼ 6.1% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.03m | €0.04m | €0.07m | €0.1m | ▲ 79.3% |
| Furniture and vehicles24 | - | - | - | €0.05m | €0.04m | €0.04m | €0.03m | €0.02m | ▼ 15.8% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.009m | €0.2m | €0.2m | €0.3m | ▲ 92.2% |
| Assets under construction and advance payments27 | - | - | - | - | €0.1m | - | - | - | - |
| Financial fixed assets28 | €0.007m | €0.007m | €0.007m | €0.01m | €0.001m | €0.01m | €0.01m | €0.01m | ▲ 2.8% |
| Current assets29/58 | €0.5m | €0.5m | €0.6m | €0.6m | €0.8m | €0.9m | €1.0m | €1.0m | ▼ 5.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.03m | - | €0.01m | - | - |
| Other amounts receivable291 | - | - | - | - | €0.03m | - | €0.01m | - | - |
| Stocks and contracts in progress3 | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | €0.6m | ▲ 58.8% |
| Stocks30/36 | - | - | - | €0.2m | €0.3m | €0.4m | €0.4m | €0.6m | ▲ 58.8% |
| Amounts receivable within one year40/41 | €0.08m | €0.1m | €0.07m | €0.09m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 24.2% |
| Trade receivables40 | - | - | - | €0.008m | €0.02m | €0.03m | €0.04m | €0.03m | ▼ 26.7% |
| Other amounts receivable41 | - | - | - | €0.09m | €0.1m | €0.2m | €0.1m | €0.2m | ▲ 41.6% |
| Current investments50/53 | - | - | - | - | - | - | €0.1m | - | - |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | €0.3m | €0.2m | €0.2m | €0.3m | €0.4m | €0.2m | ▼ 56.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €0.07m | €0.02m | €0.02m | €0.03m | ▲ 80.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €1.0m | €1.8m | €2.0m | €2.3m | €2.6m | €2.7m | ▲ 3.4% |
| Equity10/15 | €0.4m | €0.4m | €0.3m | €0.3m | €0.4m | €0.6m | €1.0m | €1.1m | ▲ 14.6% |
| Contributions10/11 | - | - | - | - | - | - | €0.1m | €0.1m | = |
| Capital10 | - | - | - | - | - | - | €0.1m | €0.1m | = |
| Revaluation surpluses12 | - | - | - | - | - | - | €0.2m | €0.2m | ▼ 15.2% |
| Reserves13 | - | - | - | - | - | - | €0.02m | €0.05m | ▲ 200% |
| Profit (loss) carried forward14 | €0.2m | €0.1m | €0.09m | €0.1m | €0.2m | €0.4m | €0.6m | €0.7m | ▲ 26.7% |
| Investment grants15 | - | - | - | €0.04m | €0.09m | €0.05m | €0.05m | €0.04m | ▼ 30.3% |
| Amounts payable17/49 | €0.6m | €0.7m | €0.8m | €1.5m | €1.6m | €1.7m | €1.6m | €1.6m | ▼ 3.4% |
| Amounts payable after more than one year17 | €0.2m | €0.3m | €0.3m | €1.0m | €0.9m | €1.0m | €0.8m | €0.7m | ▼ 13.7% |
| Financial debts170/4 | - | - | - | €1.0m | €0.9m | €1.0m | €0.8m | €0.7m | ▼ 13.7% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.5m | €0.5m | €0.6m | €0.7m | €0.8m | €0.8m | ▲ 6.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 12.4% |
| Financial debts43 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 10.3% |
| Credit institutions430/8 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 10.3% |
| Trade debts44 | €0.07m | €0.07m | €0.05m | €0.06m | €0.1m | €0.07m | €0.1m | €0.1m | ▲ 29.9% |
| Suppliers440/4 | - | - | - | €0.06m | €0.1m | €0.07m | €0.1m | €0.1m | ▲ 29.9% |
| Advances received on contracts in progress46 | - | - | - | €0.004m | €0.003m | €0.003m | €0.002m | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 19.3% |
| Taxes450/3 | - | - | - | €0.04m | €0.05m | €0.07m | €0.07m | €0.07m | ▲ 3.9% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 23.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.05m | €0.04m | €0.006m | €0.04m | €0.05m | ▲ 21.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.02m | -€0.03m | -€0.03m | €0.04m | €0.07m | €0.2m | €0.2m | €0.2m | ▼ 15.6% |
| + Depreciation and write-downs630 | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 23.4% |
| Operating cash flow (approximation) | €0.1m | €0.09m | €0.09m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | ▼ 0.3% |
| Investment in fixed assets (approximation) | - | -€0.2m | -€0.03m | -€1.0m | -€0.1m | -€0.2m | -€0.3m | -€0.3m | ▲ 7.8% |
| Change in cash | - | -€0.2m | €0.2m | -€0.1m | €0.02m | €0.09m | €0.08m | -€0.2m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 22-06-2026 | 2026-00200687 | NBB |
| 31-12-2024 | abbreviated format | 23-06-2025 | 2025-00189554 | |
| 31-12-2023 | abbreviated format | 11-06-2024 | 2024-00127248 | |
| 31-12-2022 | abbreviated format | 21-06-2023 | 2023-00149813 | |
| 31-12-2021 | abbreviated format | 04-07-2022 | 2022-20159704 | |
| 31-12-2020 | abbreviated format | 17-06-2021 | 2021-20900100 | |
| 31-12-2019 | abbreviated format | 18-11-2020 | 2020-71000546 | |
| 31-12-2018 | abbreviated format | 28-06-2019 | 2019-26400260 | |
| 31-12-2017 | abbreviated format | 20-08-2018 | 2018-47400056 | |
| 31-12-2016 | abbreviated format | 24-07-2017 | 2017-36000437 |
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Of the 939 active companies whose main activity is retail sale of second-hand clothing (NACE 47792), figures are known for 188. 76 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 18 entries · €4.6m awarded · €4.5m paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 5 | €1.3m | €1.4m |
| 2024 | 4 | €1.3m | €1.3m |
| 2023 | 5 | €1.1m | €1.1m |
| 2022 | 4 | €0.9m | €0.8m |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2025
Board 1
Huys Hendrik
Current
Director · appointed in the act of 27-12-2024
Statutory auditor 1
BV MOORE AUDIT
Current
Statutory auditor · appointed in the act of 04-12-2025 · permanent representative: Wendy Van der Biest
Mandate history
10 people, 2 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Huys Hendrik |
|
| BV MOORE AUDIT |
|
| Ben Van Qaethem |
|
| Castelein Jef |
|
| Ema Crombez |
|
| Jurgen Christiaens |
|
| Moore Auditr BV |
|
| Natasha Lejaeghere |
|
| Vermont Evelyn |
|
| Marc Verleure |
|
Owners and capital
Owners
This non-profit association has no shareholders or capital.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
22-06
financial year 2025 · full format
2025
31-12
Financial
Equity above €1mequity €1.1m ▲14.6%
5 profitable years in a row build equity to €1.1m.
04-12
Gazette deed
Resignations: Natasha Lejaeghere, Ben Van Qaethem and 3 othersPermanent representatives: Ethem De Blieck, Kim Verhaeghe and 4 others · Reappointment: Moore Audit BV (statutory auditor)26 facts ▸
Gazette deed
Resignations: Natasha Lejaeghere, Ben Van Qaethem and 3 others
Permanent representatives: Ethem De Blieck, Kim Verhaeghe and 4 others · Reappointment: Moore Audit BV (statutory auditor)26 facts ▸
- General meeting, 17-06-2025
- Director resignation, Natasha Lejaeghere
- Director resignation, Ben Van Qaethem
- Director resignation, Jef Castelein
- Director resignation, Ema Crombez
- Director resignation, Jurgen Christiaens
- Permanent representative, Ethem De Blieck
- Permanent representative, Kim Verhaeghe
- Permanent representative, Magali Vanhaeren
- Permanent representative, Koen Gadeyne
- Permanent representative, Keshia Van Gaeveren
- Board composition, Dereeper Ignace (bestuurder voorzitter)
- +14 further facts in this act
23-06
financial year 2024 · abbreviated format
2024
27-12
Gazette deed
Resignation: Evelyn Vermont (director)Appointment: Huys Hendrik (director) · Permanent representatives: Castelein Jef, Lajaeghere Natasha and 4 others23 facts ▸
Gazette deed
Resignation: Evelyn Vermont (director)
Appointment: Huys Hendrik (director) · Permanent representatives: Castelein Jef, Lajaeghere Natasha and 4 others23 facts ▸
- General meeting, 04-06-2024
- Director resignation, Evelyn Vermont
- Director appointment, Huys Hendrik (director)
- Permanent representative, Castelein Jef
- Board composition, Dereeper Ignace (bestuurder voorzitter)
- Board composition, Vincke Michel (bestuurder ondervoorzitter)
- Board composition, Herremans Bart (directeur secretaris)
- Board composition, D'Hulster Dirk (director)
- Board composition, De Wit Jan (director)
- Board composition, Capelle Isabelle (director)
- Board composition, Huys Hendrik (director)
- Board composition, Gemeente Middelkerke (lid bestuursorgaan)
- +11 further facts in this act
11-06
financial year 2023 · abbreviated format
2023
31-12
Financial
Highest result from 2018 to 2025net €200,183 ▲207%
Operating result €234,850, net result €200,183, both a record.
31-12
Financial
Equity above €500,000equity €569,259 ▲41.2%
3 profitable years in a row build equity to €569,259.
21-06
financial year 2022 · abbreviated format
2022
03-11
Gazette deed
Reappointment: Moore Auditr BV (statutory auditor)Permanent representatives: Wendy Van der Biest, Lajaeghere Natascha and 5 others · Resignation: Marc Verleure (director)22 facts ▸
Gazette deed
Reappointment: Moore Auditr BV (statutory auditor)
Permanent representatives: Wendy Van der Biest, Lajaeghere Natascha and 5 others · Resignation: Marc Verleure (director)22 facts ▸
- General meeting, 13-06-2022
- Auditor reappointment, Moore Auditr BV (statutory auditor)
- Permanent representative, Wendy Van der Biest
- Director resignation, Marc Verleure
- Board composition, Dereeper Ignace (bestuurder voorzitter)
- Board composition, Vincke Michel (bestuurder ondervoorzitter)
- Board composition, Herremans Bart (directeur secretaris)
- Board composition, D'Hulster Dirk (director)
- Board composition, De Wit Jan (director)
- Board composition, Capelle Isabelie (director)
- Board composition, Gemeente Middelkerke (director)
- Permanent representative, Lajaeghere Natascha (representative)
- +10 further facts in this act
04-07
financial year 2021 · abbreviated format
2021
31-12
Financial
Back to profitnet €43,892
Net result €43,892 after 2 loss-making years.
Show earlier events
17-06
financial year 2020 · abbreviated format
2020
31-12
Financial
Weakest financial yearnet -€33,722
Net result drops to -€33,722, the lowest in the series; recovery starts the following year.
18-11
financial year 2019 · abbreviated format · 110 days late
2019
28-06
financial year 2018 · abbreviated format
2018
20-08
financial year 2017 · abbreviated format · 20 days late
2017
24-07
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordName
KRINGLOOPCENTRUM KUST in Dutch
Enterprise number
0892.003.783
Legal form
Non-profit association
Status
Active, normale toestand
Founded
10-09-2007
Type
Legal entity
Where it is based
Registered office
Karperstraat 10, 8400 Oostende, Belgium
Establishments
9 establishment units since 2007
E-mail
info@kringwinkelkust.be
Phone
059509097
Phone
059438097Gistel
Website
www.kringwinkel.be/kustOostende
Phone
059410457Oostende
E-mail
oudenburg@kringwinkelkust.beOudenburg
What it does
NACEBEL 202547792
Retail sale of second-hand clothing main activity
88993
Social work activities without accommodation main activity
68203
Renting and operating of own or leased non-residential real estate, excluding land
77229
Renting and leasing of other personal and household goods
77399
Renting and leasing of other machinery, equipment and tangible goods
Invoicing and payment
VAT number
BE 0892.003.783
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Recognised sheltered-work company
1 live approvalRecognised sheltered-work company
Quality registration as a provider
1 live approvalQuality registration as a provider
Dual-learning approval
18 live approvalsOnthaal, organisatie en sales duaal (so)
Onthaal, organisatie en sales duaal (so)
Onthaal, organisatie en sales duaal (so)
Onthaal, organisatie en sales duaal (so)
Onthaal, organisatie en sales duaal (so)
Onthaal, organisatie en sales duaal (so)
Show 12 more
Winkelmedewerker (vwo)
Winkelmedewerker (vwo)
Winkelmedewerker (vwo)
Winkelmedewerker (vwo)
Winkelmedewerker (vwo)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
Winkelmedewerker duaal (so)
Winkelmedewerker duaal (so)
Winkelmedewerker duaal (so)
Winkelmedewerker duaal (so)
Winkelmedewerker duaal (so)
Environmental permits: No permit applications found in Flanders.
Sites & property
Registered office and establishments
9 establishment units
KRINGLOOPCENTRUM KUST
since 2007unit no. 2.165.745.130
KRINGLOOPCENTRUM KUST
since 2007unit no. 2.165.745.328
KRINGLOOPCENTRUM KUST
since 2007unit no. 2.165.745.526
KRINGLOOPCENTRUM KUST
since 2007unit no. 2.165.745.625
Sea Shopping Center
since 2009unit no. 2.207.608.647
Kringloopcentrum Kust
since 2019unit no. 2.300.606.705
Show 3 more locations
De Kringwinkel Gistel
since 2019unit no. 2.300.607.396
De Kringwinkel Pop-Up Oostende
since 2022unit no. 2.332.283.935
Kringwinkel Oudenburg
since 2025unit no. 2.381.862.813
Buildings and parcels at the addresses
Ground area
1.6 ha
Building footprint
7,691 m²
Building volume
44,432 m³
9 parcels, Flanders · tallest building 24.6 m.
9 parcels
Flanders
9
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 35020B0036/00N000 | Flanders | 5,171 m² | 1 · 2,146 m² | 8.3 m · 2 |
| 35011A0429/00C002 | Flanders | 3,657 m² | 1 · 1,498 m² | 4.7 m · 1 |
| 35006A0548/00L000 | Flanders | 2,914 m² | 1 · 1,573 m² | - |
| 35005D0771/00T002 | Flanders | 2,468 m² | 1 · 688 m² | 9.5 m · 3 |
| 35386D0196/00B002 | Flanders | 740 m² | 1 · 720 m² | 24.1 m · 2 |
| 35302C0504/00G000 | Flanders | 490 m² | 1 · 356 m² | 11.8 m · 1 |
| 35386D0196/00D002 | Flanders | 483 m² | 1 · 483 m² | 24.6 m · 7 |
| 35014B0001/00D010indicative | Flanders | 300 m² | 1 · 84 m² | 10.0 m · 3 |
| 35013A1361/00C000 | Flanders | 142 m² | 1 · 142 m² | 23.7 m · 1 |