OPENING OF BANKRUPTCY

KUSTCONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

-1,5 k €

+96.6% YoY

Gross margin

-640,7 €

-181.9% YoY

Equity

-44,7 k €

-3.5% YoY

Company — Opening of bankruptcy.

Strike-off: 30 juillet 2026

What does KUSTCONSTRUCT do?

KUSTCONSTRUCT is a Private company with limited liability incorporated in 2001. Its main activity is: Construction of buildings. Its registered office is in Oostende.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0474.759.867

Incorporation

08/05/2001

Legal form

Private company with limited liability

Registered office

Sint-Clarastraat 3
8400 Oostende · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles

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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	-640,7 €	-182%	782,3 €	+249%	-525,0 €	+21.9%	-672,1 €	+91.9%	-8,3 k €	-41.6%	-5,9 k €	-267%	-1,6 k €	+66.7%	-4,8 k €	-44.8%	-3,3 k €	+42.6%	-5,8 k €	+12.5%	-6,6 k €	+47.3%	-12,6 k €	-526%	-2,0 k €	-121%	-909,5 €	+34.8%	-1,4 k €	-104%	32,1 k €	+222%	10,0 k €	-89.7%	97,1 k €	+762%	-14,7 k €	-139%	37,4 k €
EBITDA	-1,4 k €	+96.9%	-44,1 k €	-4201%	-1,0 k €	+9.5%	-1,1 k €	+87.1%	-8,8 k €	-38.6%	-6,3 k €	-208%	-2,1 k €	+60.9%	-5,3 k €	-39.5%	-3,8 k €	+39.5%	-6,2 k €	+11.7%	-7,1 k €	+45.7%	-13,0 k €	-431%	-2,5 k €	-81.4%	-1,4 k €	+26.3%	-1,8 k €	-106%	30,2 k €	+245%	8,8 k €	-90.8%	95,2 k €	+703%	-15,8 k €	-147%	33,8 k €
Operating result	-1,4 k €	+96.9%	-44,1 k €	-4201%	-1,0 k €	+9.5%	-1,1 k €	+87.1%	-8,8 k €	-38.6%	-6,3 k €	-208%	-2,1 k €	+60.9%	-5,3 k €	-39.5%	-3,8 k €	+39.5%	-6,2 k €	+11.7%	-7,1 k €	+45.7%	-13,0 k €	-200%	-4,3 k €	-34.0%	-3,2 k €	+27.4%	-4,5 k €	-116%	27,6 k €	+364%	5,9 k €	-93.5%	91,1 k €	+559%	-19,8 k €	-165%	30,5 k €
Net result	-1,5 k €	+96.6%	-44,1 k €	-4105%	-1,0 k €	+9.3%	-1,2 k €	+87.3%	-9,1 k €	-42.8%	-6,4 k €	-183%	-2,3 k €	+59.5%	-5,6 k €	-42.7%	-3,9 k €	+41.5%	-6,7 k €	+11.5%	-7,5 k €	+44.8%	-13,7 k €	-185%	-4,8 k €	-27.9%	-3,7 k €	+27.9%	-5,2 k €	-127%	19,0 k €	+501%	3,2 k €	-92.8%	43,6 k €	+216%	-37,5 k €	-1010%	4,1 k €
Balance sheet
Equity	-44,7 k €	-3.5%	-43,2 k €	-5071%	869,3 €	-54.7%	1,9 k €	-37.6%	3,1 k €	-74.7%	12,2 k €	-34.4%	18,5 k €	-10.8%	20,8 k €	-21.1%	26,4 k €	-12.9%	30,3 k €	-18.1%	36,9 k €	-17.0%	44,5 k €	-23.5%	58,1 k €	-7.6%	62,9 k €	-5.6%	66,6 k €	-7.2%	71,8 k €	+36.0%	52,8 k €	+6.4%	49,7 k €	+720%	6,1 k €	-86.1%	43,5 k €
Total assets	612,9 €	-60.3%	1,5 k €	-97.0%	50,6 k €	-1.7%	51,5 k €	-1.7%	52,4 k €	-37.8%	84,2 k €	+0.6%	83,7 k €	-2.1%	85,6 k €	-1.0%	86,4 k €	-0.9%	87,3 k €	-16.0%	103,9 k €	-15.3%	122,7 k €	-52.6%	258,9 k €	-2.3%	264,9 k €	-1.5%	269,1 k €	-0.7%	271,1 k €	-29.3%	383,7 k €	-20.2%	481,0 k €	-48.9%	941,6 k €	+33.2%	706,7 k €
Cash	112,9 €	-88.8%	1,0 k €	+3153%	31,1 €	-96.0%	770,8 €	-57.3%	1,8 k €	+961%	170,2 €	+2709%	6,1 €	-98.7%	466,1 €	+1549%	28,3 €	-99.3%	3,8 k €	+913%	372,6 €	-95.6%	8,6 k €	+121%	3,9 k €	+6552%	58,3 €	-96.8%	1,8 k €	-71.0%	6,2 k €	+1545%	378,9 €	-58.2%	906,6 €	-95.2%	18,9 k €	+201%	6,3 k €
Debts	45,3 k €	+1.3%	44,8 k €	-10.0%	49,8 k €	+0.3%	49,6 k €	+0.5%	49,4 k €	-31.5%	72,1 k €	+10.5%	65,2 k €	+0.7%	64,8 k €	+7.8%	60,1 k €	+5.4%	57,0 k €	-14.9%	66,9 k €	-14.4%	78,2 k €	-61.1%	200,8 k €	-0.6%	202,0 k €	-0.2%	202,4 k €	+1.6%	199,2 k €	-39.8%	330,8 k €	-23.3%	431,4 k €	-41.2%	733,7 k €	+10.8%	662,1 k €

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

WILLY ROMMEL

Mandate

Active

Ended mandates

NORBERT SINNESAEL

Manager

Ended

WILLY ROMMEL

Director

Ended

WILLY ROMMEL

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
COAST BUILDING● Active	0466.001.955

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged 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	13/07/2026	23/07/2025	25/06/2024	23/06/2023	22/06/2022	08/07/2021
General meeting	20/06/2026	14/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
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	20/06/2026	13/07/2026	Dutch	PDF
Micro model	31/12/2024	14/06/2025	23/07/2025	Dutch	PDF
Micro model	31/12/2023	15/06/2024	25/06/2024	Dutch	PDF
Micro model	31/12/2022	17/06/2023	23/06/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	22/06/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	08/07/2021	Dutch	PDF
Micro model	31/12/2019	18/08/2020	10/09/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	03/07/2019	Dutch	PDF
Micro model	31/12/2017	16/06/2018	16/07/2018	Dutch	PDF
Micro model	31/12/2016	17/06/2017	21/06/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	23/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	10/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	07/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	27/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	22/06/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	25/06/2008	Dutch	PDF
Abridged model	31/12/2006	16/06/2007	04/07/2007	Dutch	PDF

Estimate

Indicative valuation

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 · 1 active · 3 ended

Active mandates

WILLY ROMMEL

Mandate

Active

Ended mandates

NORBERT SINNESAEL

Manager

Ended

WILLY ROMMEL

Director

Ended

WILLY ROMMEL

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office24/12/2013
MAATSCHAPPELIJKE ZETEL
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 2025-1,5 k €↑
2024
Annual accounts 2024-44,1 k €↓
2023
Annual accounts 2023-1,0 k €↑
2022
Annual accounts 2022-1,2 k €↑
2021
Annual accounts 2021-9,1 k €↓
2020
Annual accounts 2020-6,4 k €↓
2019
Annual accounts 2019-2,3 k €↑
2018
Annual accounts 2018-5,6 k €↓
2017
Annual accounts 2017-3,9 k €↑
2016
Annual accounts 2016-6,7 k €↑
2015
Annual accounts 2015-7,5 k €↑
2014
Annual accounts 2014-13,7 k €↓
2013
Annual accounts 2013-4,8 k €↓
2012
Annual accounts 2012-3,7 k €↑
2011
Annual accounts 2011-5,2 k €↓
2010
Annual accounts 201019,0 k €↑
2009
Annual accounts 20093,2 k €↓
2008
Annual accounts 200843,6 k €↑
2007
Annual accounts 2007-37,5 k €↓
2006
Annual accounts 20064,1 k €
08/05/2001
IncorporationPrivate company with limited liability

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

KUSTCONSTRUCT

Overview

What does KUSTCONSTRUCT do?

Trend over 20 financial years

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