ACTIVE

IMMO CUSTERS

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Financial year 2025 · closed on 31/12/2025

Net result

-65,6 k €

-306.2% YoY

Gross margin

94,0 k €

-60.3% YoY

Equity

1,1 M €

-5.6% YoY

What does IMMO CUSTERS do?

IMMO CUSTERS is a Private limited company incorporated in 1989. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Balen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.823.950

Incorporation

29/03/1989

Legal form

Private limited company

Registered office

Schoolstraat 10
2491 Balen · FlandreSee on map

Contributed capital

209 077,93 €

Latest accounts

31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main

Joint committees (1)

Signals

Solid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	94,0 k €	-60.3%	236,9 k €	-52.6%	499,7 k €	+63.1%	306,4 k €	+66.3%	184,3 k €	+11.0%	166,1 k €	+22.2%	135,9 k €	-4.2%	141,8 k €	+21.8%	116,5 k €	-37.1%	185,2 k €	+2.2%	181,3 k €	+18.5%	153,0 k €	-11.3%	172,6 k €	+13.7%	151,8 k €	-4.8%	159,5 k €	+6.7%	149,5 k €	-42.9%	261,7 k €	+38.4%	189,1 k €	-2.6%	194,1 k €	-50.2%	389,6 k €
EBITDA	62,0 k €	-70.9%	213,5 k €	-55.4%	478,8 k €	+67.1%	286,6 k €	+70.5%	168,1 k €	+16.9%	143,8 k €	+32.2%	108,8 k €	-6.4%	116,3 k €	+27.4%	91,3 k €	-39.8%	151,6 k €	-6.7%	162,5 k €	+13.9%	142,7 k €	-12.5%	163,1 k €	+15.2%	141,6 k €	-4.5%	148,2 k €	+7.6%	137,8 k €	-44.9%	250,3 k €	+45.5%	171,9 k €	-8.9%	188,7 k €	-50.3%	380,0 k €
Operating result	-58,8 k €	-164%	92,1 k €	-74.9%	366,7 k €	+115%	170,8 k €	+627%	23,5 k €	+363%	5,1 k €	+115%	-34,0 k €	-677%	5,9 k €	+136%	2,5 k €	-93.6%	39,0 k €	-34.1%	59,2 k €	-0.5%	59,5 k €	-8.7%	65,2 k €	+53.2%	42,5 k €	+6715%	624,1 €	-92.5%	8,3 k €	-95.2%	171,4 k €	+81.8%	94,3 k €	+1.2%	93,2 k €	-62.9%	251,2 k €
Net result	-65,6 k €	-306%	31,8 k €	-87.3%	251,4 k €	+154%	99,1 k €	+3653%	-2,8 k €	-103%	85,9 k €	+250%	-57,3 k €	-384%	-11,8 k €	+32.3%	-17,5 k €	-458%	4,9 k €	-79.6%	23,9 k €	-80.0%	119,3 k €	+263%	32,9 k €	+1925%	1,6 k €	+122%	-7,4 k €	+76.0%	-30,9 k €	-138%	82,4 k €	+178%	29,6 k €	-16.9%	35,7 k €	-72.2%	128,4 k €
Balance sheet
Equity	1,1 M €	-5.6%	1,2 M €	+63.8%	714,8 k €	+39.8%	511,4 k €	+24.0%	412,3 k €	-36.2%	646,4 k €	+15.3%	560,5 k €	-9.3%	617,8 k €	-0.3%	619,7 k €	-2.7%	637,2 k €	+0.8%	632,3 k €	+3.9%	608,4 k €	+18.2%	514,7 k €	+6.8%	481,8 k €	+0.3%	480,2 k €	-1.5%	487,6 k €	-6.0%	518,6 k €	+18.1%	439,2 k €	+5.7%	415,5 k €	+9.4%	379,9 k €
Total assets	2,6 M €	-7.9%	2,8 M €	+36.4%	2,1 M €	+10.7%	1,9 M €	-1.3%	1,9 M €	-4.0%	2,0 M €	+7.7%	1,8 M €	+41.7%	1,3 M €	+8.8%	1,2 M €	-4.4%	1,2 M €	-1.0%	1,2 M €	+6.3%	1,2 M €	-21.6%	1,5 M €	-5.1%	1,6 M €	-7.0%	1,7 M €	+4.9%	1,6 M €	+4.5%	1,6 M €	-18.8%	1,9 M €	+12.4%	1,7 M €	+7.8%	1,6 M €
Cash	284,6 k €	-32.8%	423,3 k €	+606%	59,9 k €	-16.0%	71,3 k €	-25.8%	96,1 k €	-34.4%	146,4 k €	+102%	72,4 k €	-5.0%	76,2 k €	+55.2%	49,1 k €	-49.9%	98,0 k €	+95.6%	50,1 k €	+144%	20,6 k €	-42.8%	36,0 k €	+107%	17,4 k €	-44.1%	31,2 k €	-38.4%	50,6 k €	+43.1%	35,4 k €	+110%	16,8 k €	-68.6%	53,6 k €	+107%	25,8 k €
Debts	1,3 M €	-6.4%	1,4 M €	+12.9%	1,2 M €	-7.0%	1,3 M €	-8.4%	1,4 M €	+12.8%	1,3 M €	+2.1%	1,2 M €	+93.3%	640,1 k €	+23.1%	519,9 k €	-6.1%	553,7 k €	-2.0%	564,9 k €	+10.7%	510,6 k €	-47.7%	975,5 k €	-10.3%	1,1 M €	-10.0%	1,2 M €	+7.9%	1,1 M €	+9.9%	1,0 M €	-29.8%	1,5 M €	+14.9%	1,3 M €	+7.6%	1,2 M €
Other
Workforce	–		–		–		–		–		–		0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	+66.7%	0,3 ETP	+200%	0,1 ETP		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 14 ended

Active mandates

Heidi Stynen

Director · since 01 avril 2022

Active

Bart Stephan Custers

Director

Active

Tiny Virginie Custers

Director

Active

Ended mandates

Bart Stephan Custers

Director · since 20 avril 2021

Ended

Tiny Virginie Custers

Director · since 20 avril 2021

Ended

Bart Custers

Manager · since 30 octobre 2012

Ended

Bart Stephan Custers

Director · since 30 octobre 2012

Ended

At this address

Other companies at this address

Company	CBE no.
ZinZin● Active	1004.526.753
ZinZinCusters● Active	1018.464.762

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/08/2026	26/08/2025	13/08/2024	31/08/2023	30/08/2022	31/08/2021
General meeting	23/06/2026	24/06/2025	10/05/2024	27/06/2023	28/06/2022	22/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	23/06/2026	26/08/2026	Dutch	PDF
Micro model	31/12/2024	24/06/2025	26/08/2025	Dutch	PDF
Micro model	31/12/2023	10/05/2024	13/08/2024	Dutch	PDF
Micro model	31/12/2022	27/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	28/06/2022	30/08/2022	Dutch	PDF
Micro model	31/12/2020	22/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	02/09/2020	31/10/2020	Dutch	PDF
Abridged model	31/12/2018	25/06/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	26/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	27/06/2017	11/08/2017	Dutch	PDF
Abridged model	30/09/2015	26/03/2016	30/03/2016	Dutch	PDF
Abridged model	30/09/2014	28/03/2015	08/04/2015	Dutch	PDF
Abridged model	30/09/2013	29/03/2014	28/05/2014	Dutch	PDF
Abridged model	30/09/2012	30/03/2013	27/05/2013	Dutch	PDF
Abridged model	30/09/2011	31/03/2012	24/05/2012	Dutch	PDF
Abridged model	30/09/2010	26/03/2011	13/05/2011	Dutch	PDF
Abridged model	30/09/2009	27/03/2010	30/04/2010	Dutch	PDF
Abridged model	30/09/2008	28/03/2009	30/04/2009	Dutch	PDF
Abridged model	30/09/2007	28/02/2008	30/04/2008	Dutch	PDF
Abridged model	30/09/2006	31/03/2007	25/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 14 ended

Active mandates

Heidi Stynen

Director · since 01 avril 2022

Active

Bart Stephan Custers

Director

Active

Tiny Virginie Custers

Director

Active

Ended mandates

Bart Stephan Custers

Director · since 20 avril 2021

Ended

Tiny Virginie Custers

Director · since 20 avril 2021

Ended

Bart Custers

Manager · since 30 octobre 2012

Ended

Bart Stephan Custers

Director · since 30 octobre 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring21/08/2024
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring30/05/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office28/08/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/05/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other31/10/2016
ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates13/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2014
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-65,6 k €↓
2024
Annual accounts 202431,8 k €↓
2024
Name changeImmo Custers
2023
Annual accounts 2023251,4 k €↑
2023
Name changeZAKENKANTOOR CUSTERS-THEUNIS
2022
Annual accounts 202299,1 k €↑
2021
Annual accounts 2021-2,8 k €↓
2021
Name changeCUSTERS-THEUNIS
2020
Annual accounts 202085,9 k €↑
2019
Annual accounts 2019-57,3 k €↓
2018
Annual accounts 2018-11,8 k €↑
2017
Annual accounts 2017-17,5 k €↓
2016
Annual accounts 20164,9 k €↓
2015
Annual accounts 201523,9 k €↓
2014
Annual accounts 2014119,3 k €↑
2013
Annual accounts 201332,9 k €↑
2012
Annual accounts 20121,6 k €↑
2011
Annual accounts 2011-7,4 k €↑
2010
Annual accounts 2010-30,9 k €↓
2009
Annual accounts 200982,4 k €↑
2008
Annual accounts 200829,6 k €↓
2007
Annual accounts 200735,7 k €↓
2006
Annual accounts 2006128,4 k €
29/03/1989
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IMMO CUSTERS

Overview

What does IMMO CUSTERS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline