Equity
Equity fell below zero in 2024.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
Embed the KUSTCONSTRUCT company card in your article about this bankruptcy: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Equity fell below zero in 2024.
Every financial year from 2011 to 2025 closed with a loss. 2024 was the heaviest.
The 2019 accounts came 41 days late. The other nine of the last ten were filed on time.
Equity fell from €71,837 in 2010 to -€44,713 in 2025.
On 29 July 2026 the court declared KUSTCONSTRUCT bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
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
| 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.
| 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 |
| 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.
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).
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Sint-Clarastraat 3 registered office 8400 Ostend | ||
| Rosmolenstraat 4 8400 Ostend 7111103 Activities of building architects | 11-06-2001 | 2.093.202.194 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 35020A0270/00L002 | 3,042 m² | 1 · 1,636 m² | 10.1 m · 2 |
| 35020B0494/00W000 | 416 m² | 1 · 178 m² | 4.7 m · 1 |
If something looks wrong or is missing, please tell us.