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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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KINEPOLIS GROUP from Brussel, company number BE0415928179, closed financial year 2025 with a result of € 315,750 after tax. For that financial year KINEPOLIS GROUP recorded revenue of € 78.9 million and equity of € 146.8 million. Compared with financial year 2024, the result moved from € 13 million to € 315,750. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 15, 2026.
€ 146.8 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 315,750
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 236,178
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 17.4 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
141.3
▲ 6.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 15.3 million
▲ 8% vs 2024
€ 108,500 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.
€ 29,894
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 440 million
▲ 14% vs 2024
€ 225 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 7.7 million
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 77 days on average.
€ 2.3 million
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 70,715,587 | € 95,171,077 | € 76,402,968 | € 78,941,159 | ▲ 3% |
| Profit after taxes | € 14,060,726 | € 92,250,458 | € 13,047,669 | € 315,750 | ▼ 98% |
| Equity | € 88,013,721 | € 165,552,440 | € 163,888,369 | € 146,817,517 | ▼ 10% |
| Total debts | € 589,709,245 | € 516,400,079 | € 499,631,504 | € 495,739,074 | ▼ 1% |
| Cash | € 1,332,952 | € 360,538 | € 239,401 | € 236,178 | ▼ 1% |
| Retained profit | € 67,907,566 | € 145,446,284 | € 143,782,213 | € 126,711,362 | ▼ 12% |
| Dividend | € 7,015,528 | € 14,711,738 | € 14,711,738 | € 17,386,600 | ▲ 18% |
| Bank debt | € 504,122,413 | € 480,600,000 | € 384,600,000 | € 440,000,000 | ▲ 14% |
| Balance sheet total | € 677,852,468 | € 682,102,451 | € 663,702,083 | € 642,681,591 | ▼ 3% |
| Employees (FTE) | 127.5 | 127.2 | 134.5 | 141.3 | ▲ 6.8 |
Key figures of KINEPOLIS GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to KINEPOLIS GROUP?
What happened at KINEPOLIS GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ALCHEMY Partners BV stepped down as director. NBB
- MRP Consulting BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 315,750 (▼ 98% vs 2024). Source: NBB ↗
- EDK Management BV stepped down as director. NBB
- LUPUS ASSET MANAGEMENT BV stepped down as director. NBB
- Mavac BV stepped down as director. NBB
- Eddy Duquenne stepped down as director. NBB
- Pallanza Invest BV stepped down as director. NBB
In short
From € 14.1 million profit in 2022 to € 315,750 profit in 2025.
Paid € 16.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 92.3 million profit.
Paid out € 53.8 million in dividends to the owners in total.
Management
The shares are held by aandeelhouders Overige (49.9%), KINOHOLD BIS (46.1%), KINEPOLIS GROUP NV (2.3%) and Pentascoop NV (incl Joost Bert) (1.8%). It owns 100% of KINEPOLIS FILM DISTRIBUTION, 100% of KINEPOLIS POZNAN SPZOO, 100% of KINEPOLIS FRANCE, 100% of KINEPOLIS MEGA, 100% of MAJESTIEK INTERNATIONAL and 100% of BRIGHTFISH itself.
Directors
According to the 2025 annual accounts
Director · represented by Els De Keukelaere
Also active at: Ekopak, Global Water & Energy
since 2024 · until 2026
Director · represented by Jo De Wolf
since 2024 · until 2026
Director · represented by Marleen Vaesen
Also active at: MAATSCHAPPIJ VOOR ROEREND BEZIT VAN DE BOERENBOND, De Eik, VAN DE VELDE, Arvesta, Agri Investment Fund
since 2024 · until 2026
Eddy Duquenne
Managing director
Also active at: KINEPOLIS MEGA, KINEPOLIS MULTI, KINEPOLIS IMMO HASSELT, KINEPOLIS BRAINE, KINEPOLIS IMMO MULTI, KINEPOLIS FINANCIAL SERVICES
since 2024 · until 2026
Director · represented by Anouk Lagae
Also active at: DECEUNINCK, ACCENT GROUP, MUCHIN UNITED
since 2025 · until 2027
since 2025 · until 2027
Director · represented by Geert Vanderstappen
Also active at: Smartphoto group, M80 Partners, YUMA, ASTERIAN
since 2024 · until 2026
Chairman of the board · represented by Joost Bert
Owns 0% via KINEPOLIS GROUP NV
Also active at: SINTOPLAN, Flanders Indoor Kart Circuit, EURO-KART, PROMAN HOLDING
since 2024 · until 2026
Shareholders
Participations
KINEPOLIS POZNAN SPZOO
100%
KINEPOLIS FRANCE
100%
100%
MAJESTIEK INTERNATIONAL
100%
100%
KINEPOLIS INVEST
100%
KINEPOLIS ESPANA
100%
KINEPOLIS CANADA LTD
100%
UTOPIA SA
100%
KINEPOLIS US INC
100%
KINEPOLIS BIOSCOPEN HOLDING BV
100%
100%
KINEPOLIS SCHWEIZ AG
100%
100%
100%
99.8%
99.4%
Establishments
Establishment units
Physical locations of this company
Eeuwfeestlaan 20
1020 Brussel
Moutstraat 132-146
9000 Gent
Active since 1 January 2013
Ter Platen 12
9000 Gent
Active since 1 January 2013
Via Media 1
3500 Hasselt
Active since 1 January 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →KINEPOLIS MEGA same network
€ 45.2 million revenue · 2025
Internationaal Star Film Festival
Kinepolis Film Distribution same network
€ 5.4 million revenue · 2025
BRIGHTFISH S.A. same network
€ 14.5 million revenue · 2025
KINEPOLIS VAT GROUP
+2 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
- 0415.928.179
- VAT number
- BE 0415.928.179
- Registered office
- Eeuwfeestlaan 20, 1020 Brussel
- Names & denominations
- KINEPOLIS GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1976
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Managementactiviteiten van holdings
Vertoning van films
Vertoning van bioscoopfilms