KUSTCONSTRUCT
Annual accounts 2025
micro format, filed on 13-07-2026, 18 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Money flows
no detail for 2025Balance sheet
balance sheet total €613 on 31-12-2025in euro
in euro
Position in the sector
-
Higher than 13% of 8,807 companies in 2023.
-
Higher than 24% of 8,554 companies in 2023.
-
Higher than 21% of 8,620 companies in 2023.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
613 | 1,544 | 50,628 | 51,526 | 52,437 | 84,244 | 83,745 | 85,557 | 86,441 | 87,252 | 103,866 | 122,682 | 258,940 | 264,948 | 269,051 | 271,074 | 383,671 | 481,047 | 941,633 | 706,667 | |
21/28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,890 | 3,780 | 6,412 | 9,043 | 2,924 | 6,988 | 7,344 | |
22/27 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,890 | 3,780 | 6,412 | 9,043 | 2,924 | 6,988 | 7,344 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 742 | 1,483 | 2,415 | 3,413 | 704 | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,890 | 3,780 | 5,670 | 7,560 | 509 | 3,574 | 6,639 | |
29/58 |
613 | 1,544 | 50,628 | 51,526 | 52,437 | 84,244 | 83,745 | 85,557 | 86,441 | 87,252 | 103,866 | 122,682 | 258,940 | 263,058 | 265,271 | 264,662 | 374,628 | 478,124 | 934,646 | 699,323 | |
3 |
500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 21,909 | 32,614 | 173,670 | 173,670 | 173,670 | 173,670 | 286,051 | 394,602 | 832,056 | 506,050 | |
30/36 |
500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 21,909 | 32,614 | 173,670 | 173,670 | 173,670 | 173,670 | 286,051 | 394,602 | 832,056 | 506,050 | |
40/41 |
- | 32 | 50,097 | 50,256 | 50,130 | 83,492 | 83,238 | 84,591 | 85,913 | 82,976 | 81,584 | 81,502 | 81,390 | 89,330 | 89,738 | 84,695 | 88,182 | 82,615 | 83,654 | 186,677 | |
40 |
- | - | - | - | - | - | - | - | 2,723 | - | - | - | - | - | 293 | - | - | 115 | 16,146 | 13,539 | |
41 |
- | 32 | 50,097 | 50,256 | 50,130 | 83,492 | 83,238 | 84,591 | 83,190 | 82,976 | 81,584 | 81,502 | 81,390 | 89,330 | 89,445 | 84,695 | 88,182 | 82,500 | 67,508 | 173,138 | |
54/58 |
113 | 1,011 | 31 | 771 | 1,807 | 170 | 6 | 466 | 28 | 3,775 | 373 | 8,565 | 3,881 | 58 | 1,806 | 6,234 | 379 | 907 | 18,855 | 6,260 | |
490/1 |
- | - | - | - | - | 82 | - | - | - | - | - | - | - | - | 57 | 63 | 16 | - | 81 | 337 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
613 | 1,544 | 50,628 | 51,526 | 52,437 | 84,244 | 83,745 | 85,557 | 86,441 | 87,252 | 103,866 | 122,682 | 258,940 | 264,948 | 269,051 | 271,074 | 383,671 | 481,047 | 941,633 | 706,667 | |
10/15 |
-44,713 | -43,215 | 869 | 1,918 | 3,073 | 12,167 | 18,535 | 20,789 | 26,355 | 30,257 | 36,931 | 44,469 | 58,121 | 62,905 | 66,646 | 71,837 | 52,835 | 49,673 | 6,059 | 43,512 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 4,893 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
3,033 | 3,033 | 3,033 | 3,033 | 3,033 | 3,033 | 3,033 | 3,033 | 3,033 | 3,033 | 3,033 | 3,033 | 3,033 | 3,033 | 3,033 | 3,033 | - | - | - | - | |
14 |
-68,206 | -66,708 | -22,623 | -21,575 | -20,419 | -11,326 | -4,957 | -2,704 | 2,863 | 6,764 | 13,438 | 20,977 | 34,628 | 39,412 | 43,154 | 48,344 | 32,375 | 29,213 | -14,401 | 23,052 | |
17/49 |
45,326 | 44,759 | 49,759 | 49,609 | 49,364 | 72,077 | 65,209 | 64,768 | 60,085 | 56,995 | 66,935 | 78,212 | 200,820 | 202,043 | 202,405 | 199,236 | 330,836 | 431,374 | 935,574 | 663,155 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | |
42/48 |
45,326 | 44,759 | 49,759 | 49,609 | 49,364 | 72,077 | 65,209 | 64,768 | 60,085 | 56,995 | 66,935 | 78,212 | 100,820 | 102,043 | 102,405 | 99,236 | 230,836 | 331,365 | 633,748 | 562,080 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,724 | 1,729 | 1,708 | 100,000 | 502,635 | 434,907 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9,155 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9,155 | |
44 |
484 | - | - | - | - | - | 8,000 | 8,269 | 10,250 | 8,000 | 8,000 | 8,000 | 15,309 | 16,642 | 15,019 | 20,430 | 53,388 | 80,085 | 2,250 | 39,808 | |
440/4 |
484 | - | - | - | - | - | 8,000 | 8,269 | 10,250 | 8,000 | 8,000 | 8,000 | 15,309 | 16,642 | 15,019 | 20,430 | 53,388 | 80,085 | 2,250 | 39,808 | |
46 |
- | - | - | - | - | - | - | - | - | - | 1,750 | 1,450 | 1,125 | 825 | 525 | 225 | - | - | - | - | |
45 |
84 | - | - | - | - | - | - | - | - | 262 | - | - | 52 | 248 | 327 | 7,137 | 1,476 | 20,762 | 1,160 | 610 | |
450/3 |
84 | - | - | - | - | - | - | - | - | 262 | - | - | 52 | 248 | 327 | 7,137 | 1,476 | 20,762 | 1,160 | 610 | |
47/48 |
44,759 | 44,759 | 49,759 | 49,609 | 49,364 | 72,077 | 57,209 | 56,500 | 49,835 | 48,732 | 57,185 | 68,762 | 84,333 | 84,328 | 84,810 | 69,715 | 174,265 | 130,517 | 127,703 | 77,599 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10 | 201,827 | 1,075 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.2m | 334,382 | 597,326 | |
76A |
- | - | - | - | - | - | - | - | - | - | - | 200 | - | - | - | 3,033 | - | - | - | - | |
9900 |
-641 | 782 | -525 | -672 | -8,341 | -5,891 | -1,606 | -4,817 | -3,327 | -5,794 | -6,619 | -12,569 | -2,007 | -910 | -1,394 | 32,113 | 9,974 | 97,142 | -14,675 | 37,396 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.1m | 349,057 | 559,929 | |
630 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,890 | 1,890 | 2,632 | 2,632 | 2,822 | 4,064 | 4,064 | 3,322 | |
640/8 |
728 | 44,838 | 499 | 460 | 459 | 457 | 455 | 453 | 451 | 451 | 450 | 449 | 446 | 443 | 441 | 1,893 | 1,210 | 1,984 | 1,102 | 3,619 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 509 | - | - | - | |
9901 |
-1,368 | -44,056 | -1,024 | -1,132 | -8,799 | -6,348 | -2,061 | -5,270 | -3,777 | -6,245 | -7,068 | -13,017 | -4,343 | -3,242 | -4,466 | 27,588 | 5,942 | 91,094 | -19,841 | 30,455 | |
75/76B |
- | - | - | - | - | - | - | - | - | - | 1 | 18 | - | - | - | 1 | 17 | 211 | 927 | 333 | |
75 |
- | - | - | - | - | - | - | - | - | - | 1 | 18 | - | - | - | 1 | 17 | 211 | 927 | 333 | |
65/66B |
130 | 29 | 24 | 24 | 294 | 21 | 193 | 297 | 125 | 429 | 471 | 852 | 441 | 500 | 725 | 1,588 | 1,250 | 43,116 | 18,508 | 24,789 | |
65 |
130 | 29 | 24 | 24 | 294 | 21 | 193 | 297 | 125 | 429 | 471 | 852 | 441 | 500 | 725 | 1,588 | 1,250 | 43,116 | 18,508 | 24,789 | |
9903 |
-1,498 | -44,084 | -1,048 | -1,156 | -9,093 | -6,369 | -2,253 | -5,567 | -3,902 | -6,674 | -7,538 | -13,651 | -4,784 | -3,742 | -5,191 | 29,034 | 4,200 | 48,189 | -37,422 | 5,999 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,031 | 1,039 | 4,575 | 31 | 1,882 | |
9904 |
-1,498 | -44,084 | -1,048 | -1,156 | -9,093 | -6,369 | -2,253 | -5,567 | -3,902 | -6,674 | -7,538 | -13,651 | -4,784 | -3,742 | -5,191 | 19,002 | 3,161 | 43,614 | -37,453 | 4,117 | |
9905 |
-1,498 | -44,084 | -1,048 | -1,156 | -9,093 | -6,369 | -2,253 | -5,567 | -3,902 | -6,674 | -7,538 | -13,651 | -4,784 | -3,742 | -5,191 | 19,002 | 3,161 | 43,614 | -37,453 | 4,117 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-68,206 | -66,708 | -22,623 | -21,575 | -20,419 | -11,326 | -4,957 | -2,704 | 2,863 | 6,764 | 13,438 | 20,977 | 34,628 | 39,412 | 43,154 | 51,377 | 32,375 | 29,213 | -14,401 | 23,052 | |
14P |
-66,708 | -22,623 | -21,575 | -20,419 | -11,326 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,033 | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,033 | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 13-07-2026 | 2026-00284781 | |
| 31-12-2024 | micro format | 23-07-2025 | 2025-00297295 | |
| 31-12-2023 | micro format | 25-06-2024 | 2024-00165064 | |
| 31-12-2022 | micro format | 23-06-2023 | 2023-00158851 | |
| 31-12-2021 | abbreviated format | 22-06-2022 | 2022-20085425 | |
| 31-12-2020 | abbreviated format | 08-07-2021 | 2021-32600405 | |
| 31-12-2019 | micro format | 10-09-2020 | 2020-52200474 | |
| 31-12-2018 | micro format | 03-07-2019 | 2019-27800292 | |
| 31-12-2017 | micro format | 16-07-2018 | 2018-33200446 | |
| 31-12-2016 | micro format | 21-06-2017 | 2017-20600406 | |
| 31-12-2015 | abbreviated format | 20-06-2016 | 2016-19200331 | |
| 31-12-2014 | abbreviated format | 23-06-2015 | 2015-20500212 | |
| 31-12-2013 | abbreviated format | 23-07-2014 | 2014-33200534 | |
| 31-12-2012 | abbreviated format | 23-07-2013 | 2013-33500279 | |
| 31-12-2011 | abbreviated format | 10-07-2012 | 2012-27700465 | |
| 31-12-2010 | abbreviated format | 07-07-2011 | 2011-27100573 | |
| 31-12-2009 | abbreviated format | 27-07-2010 | 2010-34800356 | |
| 31-12-2008 | abbreviated format | 22-06-2009 | 2009-26800065 | |
| 31-12-2007 | abbreviated format | 25-06-2008 | 2008-29600172 | |
| 31-12-2006 | abbreviated format | 04-07-2007 | 2007-35800029 | |
| 31-12-2005 | abbreviated format | 05-07-2006 | 2006-41303758 | |
| 31-12-2004 | abbreviated format | 28-07-2005 | 2005-59202377 | |
| 31-12-2003 | abbreviated format | 29-07-2004 | 2004-54401588 | |
| 31-12-2002 | abbreviated format | 08-07-2003 | 2003-41301336 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - | -2,453 | -1,352 | -1,834 | 30,220 | 8,764 | 95,158 | -15,777 | 33,777 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | -2,894 | -1,852 | -2,559 | 21,634 | 5,983 | 47,678 | -33,389 | 7,439 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 9,450 | 0 | 3,708 | - | ||
| -898 | 980 | -740 | -1,036 | 1,636 | 164 | -460 | 438 | -3,747 | 3,403 | -8,192 | 4,684 | 3,822 | -1,748 | -4,428 | 5,855 | -528 | -17,948 | 12,595 | - | ||
| -44,713 | -43,215 | 869 | 1,918 | 3,073 | 12,167 | 18,535 | 20,789 | 26,355 | 30,257 | 36,931 | 44,469 | 158,121 | 161,015 | 162,866 | 165,426 | 143,792 | 146,759 | 300,898 | 137,244 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.7% | -5.9% | 5.1% | ||
| - | - | 1.7% | 3.7% | 5.9% | 14.4% | 22.1% | 24.3% | 30.5% | 34.7% | 35.6% | 36.2% | 22.4% | 23.7% | 24.8% | 26.5% | 13.8% | 10.3% | 0.6% | 6.2% | ||
| - | - | 1.02 | 1.04 | 1.06 | 1.17 | 1.28 | 1.32 | 1.44 | 1.53 | 1.55 | 1.57 | 2.57 | 2.58 | 2.59 | 2.67 | 1.62 | 1.44 | 1.47 | 1.24 | ||
| - | - | 1.01 | 1.03 | 1.05 | 1.16 | 1.28 | 1.31 | 1.43 | 1.52 | 1.22 | 1.15 | 0.85 | 0.88 | 0.89 | 0.92 | 0.38 | 0.25 | 0.16 | 0.34 | ||
| - | - | - | 25.87 | 16.06 | 5.92 | 3.52 | 3.12 | 2.28 | 1.88 | 1.81 | 1.76 | 3.46 | 3.21 | 3.04 | 2.77 | 6.26 | 8.68 | - | 15.24 | ||
| - | - | - | -60.3% | -295.9% | -52.3% | -12.2% | -26.8% | -14.8% | -22.1% | -20.4% | -30.7% | -8.2% | -5.9% | -7.8% | 26.5% | 6.0% | 87.8% | -618.1% | 9.5% | ||
| - | - | -2.1% | -2.2% | -17.3% | -7.6% | -2.7% | -6.5% | -4.5% | -7.6% | -7.3% | -11.1% | -1.8% | -1.4% | -1.9% | 7.0% | 0.8% | 9.1% | -4.0% | 0.6% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 days | 18 days | 8 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27 days | 2 days | 26 days |
The ratios are withheld because a balance sheet total of €613 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on KUSTCONSTRUCT
The operating result for 2025 is a loss of €1,368, smaller than the loss of €44,056 in 2024.
Equity is negative. Debt (€45,326) exceeds the balance-sheet total (€613).