ACTIVE

KRINGLOOPCENTRUM KUST

Financial year 2025 · closed on 31/12/2025
Net result
157,5 k €
-15.6% YoY
Gross margin
3,5 M €
+14.1% YoY
Equity
1,1 M €
+14.6% YoY
Workforce
81,4 ETP
+15.5% YoY

What does KRINGLOOPCENTRUM KUST do?

KRINGLOOPCENTRUM KUST is a Non-profit organization incorporated in 2007. Its main activity is: Retail sale of second-hand goods in stores. Its registered office is in Oostende. It employs on average 81,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0892.003.783
Incorporation
10/09/2007
Legal form
Non-profit organization
Registered office
Karperstraat 10
8400 Oostende · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
81,4 ETP
Joint committees (1)
  • 32701
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin3,5 M €3,1 M €2,9 M €2,3 M €1,9 M €1,4 M €1,5 M €1,3 M €1,3 M €1,3 M €1,2 M €1,2 M €1,2 M €1,1 M €950,8 k €814,9 k €681 k €475,9 k €99,4 k €
EBITDA343,4 k €344,9 k €359,1 k €252,6 k €261,3 k €99,4 k €107,2 k €113,3 k €121,5 k €129,9 k €80,1 k €132,1 k €155 k €-76 k €133,9 k €194,2 k €57,8 k €-35,1 k €18,7 k €
Operating result193,5 k €223,4 k €234,9 k €88,6 k €68 k €-20,5 k €-12,2 k €26,2 k €57,6 k €68,7 k €28,1 k €64,9 k €87,6 k €-166,8 k €59,5 k €141,2 k €15,3 k €-72,6 k €8,1 k €
Net result157,5 k €186,7 k €200,2 k €65,2 k €43,9 k €-33,7 k €-28,8 k €22,6 k €40,9 k €51 k €8,6 k €42,1 k €68,2 k €-184,2 k €44,7 k €131,6 k €4,3 k €-80,9 k €6,9 k €
Balance sheet
Equity1,1 M €967,6 k €569,3 k €403,2 k €289,2 k €283,5 k €355,4 k €357,3 k €294,9 k €205,4 k €154,4 k €145,8 k €109,7 k €47,5 k €237,7 k €199 k €43,4 k €39,1 k €61,5 k €
Total assets2,7 M €2,6 M €2,3 M €2 M €1,8 M €1 M €1 M €989,7 k €862,3 k €806,6 k €737,6 k €782 k €675,1 k €663,5 k €831,2 k €429,6 k €284,9 k €262,1 k €171 k €
Cash162,6 k €373,5 k €293,7 k €205,1 k €190,1 k €323,6 k €150,4 k €306,2 k €245,5 k €335,5 k €304,6 k €304,9 k €198,1 k €122,1 k €314,8 k €151,1 k €56,1 k €44,8 k €14,6 k €
Debts1,5 M €1,6 M €1,7 M €1,6 M €1,5 M €761 k €683,1 k €632,4 k €567,4 k €601,2 k €583,2 k €635,2 k €565,4 k €609,7 k €541,3 k €230,6 k €234 k €223,1 k €102,9 k €
Other
Workforce81,4 ETP70,5 ETP67,0 ETP58,5 ETP50,5 ETP49,0 ETP44,4 ETP37,7 ETP35,3 ETP34,2 ETP35,1 ETP32,6 ETP34,3 ETP35,2 ETP29,0 ETP21,0 ETP20,6 ETP17,9 ETP11,1 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 · 12 active · 62 ended

Active mandates

Gemeente Middelkerke

Director · since 17 juin 2025 · 0207.495.668

Represented by Ethem De Blieck

Active
Openbaar Centrum voor Maatschappelijk Welzijn van Bredene

Director · since 17 juin 2025 · 0212.243.621

Represented by Magali Vanhaeren

Active
Openbaar Centrum voor Maatschappelijk Welzijn van Gistel

Director · since 17 juin 2025 · 0212.213.729

Represented by Kim Verhaeghe

Active
Openbaar Centrum voor Maatschappelijk Welzijn van Ichtegem

Director · since 17 juin 2025 · 0212.221.548

Represented by Koen Gadeyne

Active
Stad Oostende

Director · since 17 juin 2025 · 0207.436.775

Represented by Keshia Van Gaeveren

Active
Hendrik Huys

Director · since 04 juin 2024

Active
DIENSTENBEDRIJF BREDENE OUDENBURG DE HAAN

Director · since 23 mai 2019 · 0870.796.417

Represented by Romain Roose

Active
Dirk D'Hulster

Director · since 23 mai 2019

Active
Ignace Dereeper

Chairman of the board of directors · since 23 mai 2019

Active
Isabelle Capelle

Director · since 23 mai 2019

Active
Jan De Wit

Director · since 23 mai 2019

Active
Michel Vincke

Director · since 23 mai 2019

Active

Ended mandates

Hendrik Huys

Director · since 04 juin 2024 · until 17 juin 2025

Ended
DIENSTENBEDRIJF BREDENE OUDENBURG DE HAAN

Director · since 23 mai 2019 · until 17 juin 2025 · 0870.796.417

Represented by Romain Roose

Ended
DIENSTENBEDRIJF BREDENE OUDENBURG DE HAAN

Director · since 23 mai 2019 · until 30 juin 2025 · 0870.796.417

Represented by Romain Roose

Ended
Dirk D'Hulster

Mandate · since 23 mai 2019 · until 30 juin 2025

Ended
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 date22/06/202623/06/202511/06/202421/06/202304/07/202217/06/2021
General meeting17/06/202617/06/202504/06/202414/06/202313/06/202210/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/06/202622/06/2026DutchPDF
Abridged model31/12/202417/06/202523/06/2025DutchPDF
Abridged model31/12/202304/06/202411/06/2024DutchPDF
Abridged model31/12/202214/06/202321/06/2023DutchPDF
Abridged model31/12/202113/06/202204/07/2022DutchPDF
Abridged model31/12/202010/06/202117/06/2021DutchPDF
Abridged model31/12/201916/06/202018/11/2020DutchPDF
Abridged model31/12/201823/05/201928/06/2019DutchPDF
Abridged model31/12/201706/06/201820/08/2018DutchPDF
Abridged model31/12/201606/06/201724/07/2017DutchPDF
Abridged model31/12/201506/06/201615/06/2016DutchPDF
Abridged model31/12/201401/06/201502/07/2015DutchPDF
Abridged model31/12/201319/05/201423/07/2014DutchPDF
Abridged model31/12/201211/06/201315/07/2013DutchPDF
Abridged model31/12/201110/05/201215/06/2012DutchPDF
Abridged model31/12/201010/05/201120/06/2011DutchPDF
Abridged model31/12/200922/06/201025/06/2010DutchPDF
Abridged model31/12/200823/06/200907/07/2009DutchPDF
Abridged model31/12/200710/06/200808/08/2008DutchPDF
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 · 12 active · 62 ended

Active mandates

Gemeente Middelkerke

Director · since 17 juin 2025 · 0207.495.668

Represented by Ethem De Blieck

Active
Openbaar Centrum voor Maatschappelijk Welzijn van Bredene

Director · since 17 juin 2025 · 0212.243.621

Represented by Magali Vanhaeren

Active
Openbaar Centrum voor Maatschappelijk Welzijn van Gistel

Director · since 17 juin 2025 · 0212.213.729

Represented by Kim Verhaeghe

Active
Openbaar Centrum voor Maatschappelijk Welzijn van Ichtegem

Director · since 17 juin 2025 · 0212.221.548

Represented by Koen Gadeyne

Active
Stad Oostende

Director · since 17 juin 2025 · 0207.436.775

Represented by Keshia Van Gaeveren

Active
Hendrik Huys

Director · since 04 juin 2024

Active
DIENSTENBEDRIJF BREDENE OUDENBURG DE HAAN

Director · since 23 mai 2019 · 0870.796.417

Represented by Romain Roose

Active
Dirk D'Hulster

Director · since 23 mai 2019

Active
Ignace Dereeper

Chairman of the board of directors · since 23 mai 2019

Active
Isabelle Capelle

Director · since 23 mai 2019

Active
Jan De Wit

Director · since 23 mai 2019

Active
Michel Vincke

Director · since 23 mai 2019

Active

Ended mandates

Hendrik Huys

Director · since 04 juin 2024 · until 17 juin 2025

Ended
DIENSTENBEDRIJF BREDENE OUDENBURG DE HAAN

Director · since 23 mai 2019 · until 17 juin 2025 · 0870.796.417

Represented by Romain Roose

Ended
DIENSTENBEDRIJF BREDENE OUDENBURG DE HAAN

Director · since 23 mai 2019 · until 30 juin 2025 · 0870.796.417

Represented by Romain Roose

Ended
Dirk D'Hulster

Mandate · since 23 mai 2019 · until 30 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates11/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/02/2016
    ONTSLAGEN - BENOEMINGEN
    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 2025157,5 k €
  2. 2024
    Annual accounts 2024186,7 k €
  3. 2023
    Annual accounts 2023200,2 k €
  4. 2022
    Annual accounts 202265,2 k €
  5. 2021
    Annual accounts 202143,9 k €
  6. 2020
    Annual accounts 2020-33,7 k €
  7. 2019
    Annual accounts 2019-28,8 k €
  8. 2018
    Annual accounts 201822,6 k €
  9. 2017
    Annual accounts 201740,9 k €
  10. 2016
    Annual accounts 201651 k €
  11. 2015
    Annual accounts 20158,6 k €
  12. 2014
    Annual accounts 201442,1 k €
  13. 2013
    Annual accounts 201368,2 k €
  14. 2012
    Annual accounts 2012-184,2 k €
  15. 2011
    Annual accounts 201144,7 k €
  16. 2010
    Annual accounts 2010131,6 k €
  17. 2009
    Annual accounts 20094,3 k €
  18. 2008
    Annual accounts 2008-80,9 k €
  19. 2007
    Annual accounts 20076,9 k €
  20. 10/09/2007
    IncorporationNon-profit organization