Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling from Gent, company number BE0407885394, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling recorded revenue of € 37.5 million and equity of € 25.5 million. Compared with financial year 2024, the result moved from € 4.3 million to € 1.9 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 10, 2026.
€ 25.5 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 9.1 million
▲ € 7.2 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -5.5 million.
People and assets in 2025
115.6
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 34.9 million
▼ 8% vs 2024
€ 302,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1 million
▲ € 891,715 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20.2 million
▼ 3% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 20.8 million
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 336 days on average.
€ 5.4 million
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 37,481,745 | € 39,157,031 | € 35,574,224 | € 37,503,463 | ▲ 5% |
| Profit after taxes | € -6,117,267 | € -18,337,028 | € 4,343,075 | € 1,895,863 | ▼ 56% |
| Equity | € 16,560,594 | € -1,776,434 | € 23,566,641 | € 25,462,504 | ▲ 8% |
| Total debts | € 60,411,936 | € 61,573,574 | € 71,591,126 | € 79,628,206 | ▲ 11% |
| Cash | € 3,913,463 | € 1,689,535 | € 1,818,497 | € 9,057,614 | ▲ € 7.2 million |
| Land & buildings | € 25,630,611 | € 24,161,724 | € 22,664,078 | € 21,401,874 | ▼ 6% |
| Retained profit | € 6,560,594 | € -11,776,434 | € -7,433,359 | € -5,537,496 | ▲ € 1.9 million |
| Bank debt | € 22,161,952 | € 21,356,035 | € 20,749,721 | € 20,183,108 | ▼ 3% |
| Balance sheet total | € 76,972,530 | € 61,429,640 | € 96,579,821 | € 106,163,479 | ▲ 10% |
| Employees (FTE) | 122.9 | 121.7 | 115.8 | 115.6 | ▼ 0.2 |
Key figures of KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling?
What happened at KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SAMUEL BARO stepped down as director. NBB
- EVELIEN VAN HYFTE stepped down as director. NBB
- KAATJE DE SMET stepped down as director. NBB
- NELIS DE CLERCQ stepped down as director. NBB
- GIO & CO BV stepped down as director. NBB
- FRANK VAN GOETHEM stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.9 million (▼ 56% vs 2024). filed late Source: NBB ↗
- FRANK VAN GOETHEM became a director. NBB
In short
From € 6.1 million loss in 2022 to € 1.9 million profit in 2025.
Paid € 2.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 4.3 million profit.
A new publication or filing at KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Stadsontwikkeling Gent (sogent) comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - VoetbalafdelingThe shares are held by Stadsontwikkeling Gent (sogent) (1.1%). It owns 93% of HORECA FOOT and 80% of KAA GENT MANAGEMENT NV itself.
Directors
According to the 2025 annual accounts
EVELIEN VAN HYFTE
Director
since 2023 · until 2027
since 2024 · until 2025
since 2023 · until 2027
NELIS DE CLERCQ
Director
since 2023 · until 2027
Director · represented by GIOVANNI VERKOOREN
Also active at: Playful Group, FEESTARCHITECT CHRIST SCHEPENS, SOLID TALENT, Blajo, WICKED VENTURES
since 2023 · until 2027
GEERT VERGAERDE
Director
since 2023 · until 2025
IVAN DE WITTE
Director
Also active at: Festival van Vlaanderen Gent en Historische Steden, S.T.D. SERVICES, PSYCHO CONSULT, PDW ADVIES, ARTEVELDE-STADION
since 2024 · until 2025
FRANK VAN GOETHEM
Director
Also active at: Maatschappij voor Industriële Ontwikkeling te Zwijnaarde, ICC GHENT, DE EXPEDITIE, Investeringsmaatschappij Modest, TLG Science Park, ARTEVELDE-STADION, iCUBES
since 2025 · until 2026
SAMUEL BARO
Director
Also active at: Audio Video Studio Oostvlaamse Televisie, HR SQUARE Group, REFLEX HEALTHCARE PEOPLE, HR SQUARE, CENTURION, Planet Group Interim & Recruitment, Well Played, X-CARE +37 more
since 2024 · until 2030
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg-Zuid 808
9000 Gent
François Van Impelaan 54
9041 Gent
Active since 7 April 2021
Warmoezeniersweg 8
9000 Gent
Active since 7 April 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →Schaeffler Belgium
€ 21.9 million revenue · 2025
Bontinck Architecture and Interior NV
€ 2.5 million revenue · 2026
Sales Management Association Belgium
KAAG Management same network
€ 136,551 gross margin · 2025
Royal Professional Golfers'Association of Belgium
+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.885.394
- VAT number
- BE 0407.885.394
- Registered office
- Ottergemsesteenweg-Zuid 808, 9000 Gent
- Names & denominations
- KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling · K.A.A.GENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 1964
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van voetbalclubs
Activiteiten van sportclubs en -bonden