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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KKB Latem from Sint-Martens-Latem, company number BE0420142335, closed financial year 2025 with a result of € -19,638 after tax. For that financial year KKB Latem recorded a gross margin of € 675,120 and equity of € 104,863. Compared with financial year 2024, the result moved from € 22,488 to € -19,638. The company made a loss. The buffer shrank hard: equity is 86 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 104,863
▼ 86% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,638
▼ still € 22,488 profit in 2024
Profit after tax over the fiscal year.
€ 412,003
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 86,271.
People and assets in 2025
8
▼ 4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 623,777
▼ 48% vs 2024
€ 78,000 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.
€ 5,309
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 919,641
▲ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 121,164
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,278,240 | € 1,256,016 | € 1,392,652 | € 675,120 | ▼ 52% |
| Profit after taxes | € 236,198 | € 186,055 | € 22,488 | € -19,638 | ▼ € 42,125 |
| Equity | € 515,958 | € 702,012 | € 724,500 | € 104,863 | ▼ 86% |
| Total debts | € 1,681,130 | € 2,313,943 | € 1,291,828 | € 2,365,105 | ▲ 83% |
| Cash | € 796,513 | € 1,105,425 | € 613,153 | € 412,003 | ▼ 33% |
| Retained profit | € 497,366 | € 683,420 | € 705,908 | € 86,271 | ▼ 88% |
| Dividend | € 0 | € 0 | € 0 | € 600,000 | |
| Bank debt | € 138,889 | € 55,556 | € 0 | € 0 | |
| Balance sheet total | € 2,197,088 | € 3,015,956 | € 2,016,328 | € 2,469,968 | ▲ 22% |
| Employees (FTE) | 12 | 10.9 | 12 | 8 | ▼ 4 |
Key figures of KKB Latem, 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 KKB Latem?
What happened at KKB Latem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,638 (▼ € 42,125 vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Kitchen Partners BV became a director. NBB
- New establishment in Diest. KBO
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 236,198 profit in 2022 to € 19,638 loss in 2025.
Paid € 252,421 in corporate taxes since 2022.
Best year ever: 2022, with € 236,198 profit.
On average € 84,400 of value added per employee in 2025.
Management
Behind KKB Latem is Kitchen Partners BV. Kitchen Partners BV is also behind Roulers Estate, KKB Roeselare and Lokris Estate.
Directors
According to the 2025 annual accounts
Director · represented by Wouter Blanchaert
Also active at: Roulers Estate, KKB Roeselare, Lokris Estate
since 2023
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 3
9830 Sint-Martens-Latem
Leuvensesteenweg(WEB) 124
3290 Diest
Active since 1 February 2021
Maalse Steenweg 227
8310 Brugge
Active since 1 December 2025
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 →GENTRI
€ 393,116 gross margin · 2025
Roulers Estate same network
€ 201,670 gross margin · 2025
DIOSTE ESTATE
€ 106,770 gross margin · 2025
B&D
€ 129,931 gross margin · 2025
Kitchen Partners same network
€ 614,221 gross margin · 2025
+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
- 0420.142.335
- VAT number
- BE 0420.142.335
- Registered office
- Kortrijksesteenweg 3, 9830 Sint-Martens-Latem
- Names & denominations
- KKB Latem
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 1980
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
Detailhandel in huismeubilair
Detailhandel in meubels
Vervaardiging van keukenmeubelen
Vervaardiging van overige keukenmeubelen
Detailhandel in huismeubilair in gespecialiseerde winkels