ACTIVE

COUST ACOUSTICS

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Financial year 2025 · closed on 31/12/2025
Net result
218,8 k €
-1.7% YoY
Gross margin
526 k €
+8.9% YoY
Equity
258,5 k €
-65.1% YoY
Workforce
4,4 ETP
+12.8% YoY

What does COUST ACOUSTICS do?

COUST ACOUSTICS is a Private limited company incorporated in 2015. Its main activity is: Other manufacturing n.e.c.. Its registered office is in Gent. It employs on average 4,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0600.820.374
Incorporation
09/03/2015
Legal form
Private limited company
Registered office
Nederzwijnaarde 2
9052 Gent · FlandreSee on map
Contributed capital
35 000,00 €
Latest accounts
31/12/2025
Average workforce
4,4 ETP
Activities (NACE)
32990Other manufacturing n.e.c.· main32990Other manufacturing n.e.c.43230Electrical, plumbing and other construction installation activities43291Other construction installation13929Manufacture of made-up textile articles, except apparel13929Manufacture of made-up textile articles, except apparel+2
Joint committees (4)
  • 100
  • 10000
  • 200
  • 20000
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin526 k €482,9 k €371,6 k €631,1 k €384,1 k €454 k €485,9 k €353,3 k €248 k €85,7 k €18,8 k €
EBITDA297,4 k €262 k €186,8 k €417,2 k €171,2 k €263,6 k €201 k €156,4 k €108,8 k €54,5 k €18,3 k €
Operating result284 k €247,3 k €171,6 k €398,8 k €151,7 k €235,9 k €168,4 k €133,6 k €94,9 k €41,8 k €16,5 k €
Net result218,8 k €222,6 k €151 k €324,8 k €121,4 k €193,4 k €135,4 k €114,7 k €73,3 k €34,4 k €14,3 k €
Balance sheet
Equity258,5 k €739,8 k €657,2 k €606,2 k €401,4 k €317,5 k €200,3 k €140 k €78,4 k €47,2 k €35,8 k €
Total assets994 k €1,1 M €1 M €911,9 k €515 k €461,2 k €452,4 k €316,6 k €356,4 k €226,8 k €112,6 k €
Cash446,6 k €544 k €463 k €712,1 k €286,2 k €287,4 k €291 k €203,1 k €114,9 k €54,2 k €81,9 k €
Debts694,2 k €264,5 k €242,5 k €302,7 k €110,5 k €140,7 k €249,1 k €173,7 k €270,9 k €177,6 k €75,8 k €
Other
Workforce4,4 ETP3,9 ETP–4,1 ETP4,3 ETP––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Delgeo BV

Director · since 17 mars 2026 · 0776.686.621

Represented by Delbaere Geoffrey

Active

Ended mandates

Kamil

Director · since 06 mars 2015 · 0843.073.322

Represented by Vandekerckhove SOPHIE

Ended
Kamil

Director · since 06 mars 2015 · 0843.073.322

Represented by Vandekerckhove SOPHIE

Ended
Kamil

Director · 0843.073.322

Represented by Sophie Vandekerckhove

Ended
Kamil

Manager · 0843.073.322

Represented by Sophie Vandekerckhove

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202625/08/202530/08/202430/08/202330/08/202230/08/2021
General meeting07/08/202601/08/202523/08/202404/08/202319/08/202206/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202507/08/202628/08/2026DutchPDF
Abridged model31/12/202401/08/202525/08/2025DutchPDF
Micro model31/12/202323/08/202430/08/2024DutchPDF
Abridged model31/12/202204/08/202330/08/2023DutchPDF
Abridged model31/12/202119/08/202230/08/2022DutchPDF
Micro model31/12/202006/08/202130/08/2021DutchPDF
Micro model31/12/201921/08/202025/08/2020DutchPDF
Micro model31/12/201830/08/201930/08/2019DutchPDF
Micro model31/12/201713/07/201830/07/2018DutchPDF
Micro model31/12/201614/07/201731/07/2017DutchPDF
Abridged model31/12/201503/06/201628/06/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Delgeo BV

Director · since 17 mars 2026 · 0776.686.621

Represented by Delbaere Geoffrey

Active

Ended mandates

Kamil

Director · since 06 mars 2015 · 0843.073.322

Represented by Vandekerckhove SOPHIE

Ended
Kamil

Director · since 06 mars 2015 · 0843.073.322

Represented by Vandekerckhove SOPHIE

Ended
Kamil

Director · 0843.073.322

Represented by Sophie Vandekerckhove

Ended
Kamil

Manager · 0843.073.322

Represented by Sophie Vandekerckhove

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/05/2026
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/02/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/03/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025218,8 k €↓
  2. 2024
    Annual accounts 2024222,6 k €↑
  3. 2023
    Annual accounts 2023151 k €↓
  4. 2023
    Name changeCoust Acoustics
  5. 2022
    Annual accounts 2022324,8 k €↑
  6. 2021
    Annual accounts 2021121,4 k €↓
  7. 2021
    Name changeIncatro
  8. 2020
    Annual accounts 2020193,4 k €↑
  9. 2019
    Annual accounts 2019135,4 k €↑
  10. 2018
    Annual accounts 2018114,7 k €↑
  11. 2017
    Annual accounts 201773,3 k €↑
  12. 2016
    Annual accounts 201634,4 k €↑
  13. 2015
    Annual accounts 201514,3 k €
  14. 09/03/2015
    IncorporationPrivate limited company