ACTIVE

TRUST

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Financial year 2025 · closed on 31/12/2025
Net result
1,6 k €
+103.5% YoY
Gross margin
55,8 k €
+363.2% YoY
Equity
221,7 k €
+0.7% YoY

What does TRUST do?

TRUST is a Private limited company incorporated in 2012. Its main activity is: Development of building projects. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0845.448.535
Incorporation
19/04/2012
Legal form
Private limited company
Registered office
Coupure 53 box 301
9000 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin55,8 k €12 k €92,2 k €156,6 k €193,4 k €60,2 k €-26,6 k €50,9 k €51,5 k €26 k €163,8 k €166,7 k €25 k €
EBITDA53,7 k €10,6 k €90,5 k €115,5 k €190,2 k €58,8 k €-29,7 k €47 k €48,7 k €22,1 k €163,3 k €164,8 k €20,1 k €
Operating result12,8 k €-27,7 k €51,3 k €68,8 k €147,5 k €19,7 k €-64,8 k €25,5 k €13 k €10,2 k €152,5 k €154,7 k €-13,3 k €
Net result1,6 k €-46,3 k €23,4 k €41,4 k €132,4 k €13,3 k €-64,8 k €13,9 k €10,4 k €7,2 k €134,1 k €110,2 k €-16,7 k €
Balance sheet
Equity221,7 k €220,1 k €266,3 k €242,9 k €201,5 k €69,1 k €55,9 k €120,7 k €106,8 k €96,4 k €89,2 k €52 k €1,9 k €
Total assets1,3 M €1,2 M €1,5 M €2 M €1,1 M €2,2 M €915,4 k €724 k €931,1 k €705,1 k €1,3 M €559,6 k €198,4 k €
Cash60,3 k €9,7 k €155,1 k €84,9 k €83,4 k €262,8 k €58,7 k €63,3 k €158 k €8,7 k €12,3 k €16,4 k €17,4 k €
Debts1,1 M €1 M €1,2 M €1,8 M €913,3 k €2,1 M €859,5 k €603,3 k €822,8 k €608,4 k €1,1 M €159 k €196,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 8 ended

Active mandates

Jan Versyp

Director

Active

Ended mandates

JVG

Manager · since 08 septembre 2014 · 0535.877.785

Represented by JAN VERSYP

Ended
JVG

Director · since 08 septembre 2014 · 0535.877.785

Represented by JAN VERSYP

Ended
JVG

Manager · since 08 septembre 2014 · 0535.877.785

Represented by Jan Versyp

Ended
JVG

Manager · since 08 septembre 2014 · 0535.877.785

Represented by JAN VERSYP

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date16/06/202616/06/202525/06/202428/07/202327/06/202216/06/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202616/06/2026DutchPDF
Abridged model31/12/202413/06/202516/06/2025DutchPDF
Abridged model31/12/202314/06/202425/06/2024DutchPDF
Abridged model31/12/202209/06/202328/07/2023DutchPDF
Abridged model31/12/202110/06/202227/06/2022DutchPDF
Abridged model31/12/202011/06/202116/06/2021DutchPDF
Abridged model31/12/201912/06/202029/06/2020DutchPDF
Abridged model31/12/201814/06/201924/06/2019DutchPDF
Abridged model31/12/201708/06/201819/06/2018DutchPDF
Abridged model31/12/201609/06/201711/09/2017DutchPDF
Abridged model31/12/201510/06/201627/06/2016DutchPDF
Abridged model31/12/201412/06/201530/06/2015DutchPDF
Abridged model31/12/201302/06/201418/06/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 active · 8 ended

Active mandates

Jan Versyp

Director

Active

Ended mandates

JVG

Manager · since 08 septembre 2014 · 0535.877.785

Represented by JAN VERSYP

Ended
JVG

Director · since 08 septembre 2014 · 0535.877.785

Represented by JAN VERSYP

Ended
JVG

Manager · since 08 septembre 2014 · 0535.877.785

Represented by Jan Versyp

Ended
JVG

Manager · since 08 septembre 2014 · 0535.877.785

Represented by JAN VERSYP

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates10/11/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/09/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/03/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/05/2012
    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 20251,6 k €↑
  2. 2024
    Annual accounts 2024-46,3 k €↓
  3. 2023
    Annual accounts 202323,4 k €↓
  4. 2022
    Annual accounts 202241,4 k €↓
  5. 2021
    Annual accounts 2021132,4 k €↑
  6. 2020
    Annual accounts 202013,3 k €↑
  7. 2019
    Annual accounts 2019-64,8 k €↓
  8. 2018
    Annual accounts 201813,9 k €↑
  9. 2017
    Annual accounts 201710,4 k €↑
  10. 2016
    Annual accounts 20167,2 k €↓
  11. 2015
    Annual accounts 2015134,1 k €↑
  12. 2014
    Annual accounts 2014110,2 k €↑
  13. 2013
    Annual accounts 2013-16,7 k €
  14. 19/04/2012
    IncorporationPrivate limited company