ACTIVE

KUSTERS

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Financial year 2025 · Closed on 31/12/2025

Net result118,4 k €+253,7 %over 1 year

Gross margin803,1 k €+21,5 %over 1 year

Equity1,8 M €+7,0 %over 1 year

Workforce7,8 ETP-31,0 %over 1 year

Identity

Source · BCE/KBO

KUSTERS is a Private limited company incorporated in 2002. Its main activity is: Joinery installation. Its registered office is in Schilde. It employs on average 7,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0477.274.642
Incorporation: 05/04/2002
Legal form: Private limited company
Registered office: Mastendreef 14
2970 Schilde · FlandreSee on map
Contributed capital: 6 200,00 €
Latest accounts: 31/12/2025
Average workforce: 7,8 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 45422Sale, maintenance and repair of motorcycles and related parts and accessories 25120Manufacture of doors and windows of metal 25120Manufacture of doors and windows of metal 43343Painting and glazing+10

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	803,1 k €	+21.5%	660,7 k €	-51.0%	1,3 M €	+19.0%	1,1 M €	-10.8%	1,3 M €
EBITDA	135,3 k €	+328%	-59,4 k €	-114%	436,7 k €	+150%	174,4 k €	-62.0%	458,6 k €
Operating result	119,3 k €	+207%	-111,3 k €	-130%	367,5 k €	+215%	116,7 k €	-70.4%	394,4 k €
Net result	118,4 k €	+254%	-77 k €	-134%	223,6 k €	+145%	91,2 k €	-65.9%	267,5 k €
Balance sheet
Equity	1,8 M €	+7.0%	1,7 M €	-4.4%	1,8 M €	+10.2%	1,6 M €	-3.2%	1,7 M €
Total assets	2 M €	+3.5%	1,9 M €	-8.9%	2,1 M €	+0.6%	2,1 M €	+9.4%	1,9 M €
Cash	79,1 k €	-63.6%	217,5 k €	-73.6%	823,7 k €	+15.2%	715 k €	+8.7%	657,7 k €
Debts	169,1 k €	-23.9%	222,2 k €	-33.0%	331,8 k €	-31.3%	483,3 k €	+92.5%	251,1 k €
Other
Workforce	7,8 ETP	-31.0%	11,3 ETP	-16.9%	13,6 ETP	-10.5%	15,2 ETP	+7.8%	14,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Kurt KUSTERS	DirectorManager2023 accountsendedMandate2013 accountsended

Other companies at this address

Mastendreef 14 2970 Schilde

Company	CBE no.
SOPIMAR● Active	0431.307.629
SOPIMARKUSTERS● Active	0848.414.161

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	23/09/2026	16/07/2025	27/09/2024	15/09/2023	06/07/2022	24/09/2021
General meeting	31/08/2026	30/06/2025	30/08/2024	31/08/2023	14/06/2022	08/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/08/2026	23/09/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	16/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/08/2024	27/09/2024	Dutch	PDF
Abridged model	31/12/2022	31/08/2023	15/09/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	06/07/2022	Dutch	PDF
Abridged model	31/12/2020	08/06/2021	24/09/2021	Dutch	PDF
Abridged model	31/12/2019	18/08/2020	11/09/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	24/09/2019	Dutch	PDF
Abridged model	31/12/2017	31/07/2018	23/08/2018	Dutch	PDF
Abridged model	31/12/2016	31/07/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	31/07/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	31/08/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	31/08/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/07/2012	22/08/2012	Dutch	PDF
Abridged model	31/05/2011	31/07/2011	28/08/2011	Dutch	PDF
Abridged model	31/05/2010	11/10/2010	17/12/2010	Dutch	PDF
Abridged model	31/05/2009	30/06/2009	10/11/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	30/09/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	21/08/2008	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Kurt KUSTERS	DirectorManager2023 accountsendedMandate2013 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office02/09/2026
ZETEL
PDF
Mandates31/10/2023
WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other15/01/2018
DOEL
PDF
Registered office11/05/2012
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Other19/03/2009
WIJZIGING VAN DE STATUTEN — DOELWIJZIGING — COÖRDINATIE VAN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

KURT KUSTERS

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

KUSTERS

Mastendreef 14, 2970 SchildeOud Sluisstraat 20, 2110 Wijnegem

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Mastendreef 14, 2970 SchildeCurrent	accounts 2025	Accounts 2025 · 2026-00520462
Oud Sluisstraat 20, 2110 Wijnegem	accounts 2021 → 2024	Accounts 2024 · 2025-00273146

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
KUSTERSCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00520462

Events

2025
Annual accounts 2025118,4 k €↑
2024
Annual accounts 2024-77 k €↓
2023
Annual accounts 2023223,6 k €↑
2022
Annual accounts 202291,2 k €↓
2021
Annual accounts 2021267,5 k €↓
2019
Annual accounts 2019307,1 k €↑
2018
Annual accounts 201860,7 k €↓
2017
Annual accounts 2017143,9 k €↑
2016
Annual accounts 201653,1 k €↓
2015
Annual accounts 2015152,9 k €↓
2014
Annual accounts 2014272,4 k €↓
2013
Annual accounts 2013427,9 k €↑
2012
Annual accounts 2012383,9 k €↑
2011
Annual accounts 2011253,3 k €↓
2011
Annual accounts 2011473,3 k €↓
2010
Annual accounts 2010721,5 k €↑
2009
Annual accounts 2009440,9 k €↑
2007
Annual accounts 2007264,5 k €↑
2006
Annual accounts 2006140,1 k €
05/04/2002
IncorporationPrivate limited company

KUSTERS

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events