ACTIVE

ZUSTO

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Financial year 2025 · Closed on 31/12/2025

Net result-137,6 k €+6,9 %over 1 year

Gross margin69,4 k €-30,8 %over 1 year

Equity797,2 k €-14,7 %over 1 year

Workforce0,5 ETP-37,5 %over 1 year

Identity

Source · BCE/KBO

ZUSTO is a Public limited company incorporated in 2016. Its main activity is: Wholesale of other food, including fish, crustaceans and molluscs. Its registered office is in Mechelen. It employs on average 0,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0656.824.810
Incorporation: 21/06/2016
Legal form: Public limited company
Registered office: Blarenberglaan 6
2800 Mechelen · FlandreSee on map
Contributed capital: 4 457 427,28 €
Latest accounts: 31/12/2025
Average workforce: 0,5 ETP

Activities (NACE)

46389Wholesale of other food, including fish, crustaceans and molluscs· main 46389Wholesale of other food, including fish, crustaceans and molluscs 47279Retail sale of food, beverages and tobacco in specialised stores 47299Other retail sale of food in specialised stores 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods+2

Joint committees (2)

200
20000

Signals

Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 9 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	69,4 k €	-30.8%	100,4 k €	+150%	-200 k €	+46.2%	-372 k €	-50.2%	-247,6 k €
EBITDA	29,3 k €	+244%	-20,4 k €	+92.2%	-260,8 k €	+46.8%	-489,8 k €	-28.9%	-379,9 k €
Operating result	-122,4 k €	+31.3%	-178,1 k €	+61.8%	-466,4 k €	+28.3%	-650,3 k €	-21.5%	-535,2 k €
Net result	-137,6 k €	+6.9%	-147,8 k €	+72.7%	-541,8 k €	+17.6%	-657,6 k €	-18.2%	-556,3 k €
Balance sheet
Equity	797,2 k €	-14.7%	934,8 k €	-13.7%	1,1 M €	-18.3%	1,3 M €	-21.3%	1,7 M €
Total assets	1,1 M €	-13.9%	1,3 M €	-16.8%	1,6 M €	-25.8%	2,1 M €	-18.0%	2,6 M €
Cash	141,6 k €	-58.8%	343,5 k €	-8.9%	377 k €	-33.9%	570,8 k €	-29.9%	814,7 k €
Debts	315,6 k €	-11.9%	358,2 k €	-24.0%	471,3 k €	-38.7%	769,1 k €	-11.6%	870,2 k €
Other
Workforce	0,5 ETP	-37.5%	0,8 ETP	-33.3%	1,2 ETP	-40.0%	2,0 ETP	-33.3%	3,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lars Renmans	Director27/12/2024 → 27/06/2030
Thierry Huion	Director21/06/2016 → 22/06/2028Mandate16/06/2016 → 2017 accountsended
Nicolas Renmans	Managing director25/10/2019 → 26/06/2031Gedelegeerd bestuurder25/10/2019 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Thierry Marcel Huion	Director23/06/2022 → 2024 accounts
Wouter Huybrechts	Director23/06/2022 → 2022 accounts
MAGENTA TREE0831.338.104Represented by Thierry Jean François	Director25/10/2019 → 2023 accounts

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	30/07/2026	18/07/2025	30/07/2024	06/07/2023	29/06/2022	01/07/2021
General meeting	16/07/2026	26/06/2025	27/06/2024	21/06/2023	23/06/2022	24/06/2021
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, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/07/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	26/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	27/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	21/06/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	23/06/2022	29/06/2022	Dutch	PDF
Micro model	31/12/2020	24/06/2021	01/07/2021	Dutch	PDF
Micro model	31/12/2019	25/06/2020	01/07/2020	Dutch	PDF
Micro model	31/12/2018	27/06/2019	16/09/2019	Dutch	PDF
Micro modelCorrection	31/12/2017	06/08/2019	03/09/2019	Dutch	PDF
Micro model	31/12/2017	28/06/2018	26/09/2018	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lars Renmans	Director27/12/2024 → 27/06/2030
Thierry Huion	Director21/06/2016 → 22/06/2028Mandate16/06/2016 → 2017 accountsended
Nicolas Renmans	Managing director25/10/2019 → 26/06/2031Gedelegeerd bestuurder25/10/2019 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Thierry Marcel Huion	Director23/06/2022 → 2024 accounts
Wouter Huybrechts	Director23/06/2022 → 2022 accounts
MAGENTA TREE0831.338.104Represented by Thierry Jean François	Director25/10/2019 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/08/2026
(Her)benoeming Bestuurder(s)
PDF
Mandates14/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/11/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/12/2022
KAPITAAL - AANDELEN
PDF
Mandates25/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/07/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates12/07/2021
ONTSLAGEN - BENOEMINGEN
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

Filings9 filings

Mandates

Lars Renmans

Thierry Huion

Nicolas Renmans

Wouter Huybrechts

Thierry Marcel Huion

MAGENTA TREE

Nico Renmans

2016201720182019202020212022202320242025202620272028202920302031

ZUSTOSweet Like Sugar food technologies

Blarenberglaan 6, 2800 MechelenSchaliënhoevedreef 20 bte T, 2800 Mechelen

Director

Managing directorGedelegeerd bestuurder

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Blarenberglaan 6, 2800 MechelenCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00355326
Schaliënhoevedreef 20 bte T, 2800 Mechelen	accounts 2021 → 2022	Accounts 2022 · 2023-00208366

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ZUSTOCurrent	accounts 2019 → 2025	Accounts 2025 · 2026-00355326
Sweet Like Sugar food technologies	accounts 2017 → 2018	Accounts 2018 · 2019-64400223

Events

2025
Annual accounts 2025-137,6 k €↑
2024
Annual accounts 2024-147,8 k €↑
2023
Annual accounts 2023-541,8 k €↑
2022
Annual accounts 2022-657,6 k €↓
2021
Annual accounts 2021-556,3 k €↑
2020
Annual accounts 2020-755,1 k €↓
2019
Annual accounts 2019-250,2 k €↓
2019
Name changeZUSTO
2018
Annual accounts 2018-143,7 k €↑
2017
Annual accounts 2017-470,2 k €
21/06/2016
IncorporationPublic limited company

ZUSTO

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