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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Kirsfinck from Welkenraedt, company number BE0426070916, closed financial year 2025 with a result of € 30,541 after tax. For that financial year Kirsfinck recorded a gross margin of € 162,865 and equity of € -32,093. Compared with financial year 2024, the result moved from € 11,049 to € 30,541. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ -32,093
▲ € 30,541 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,541
▲ 176% vs 2024
Profit after tax over the fiscal year.
€ 942
▼ 37% 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 € -100,693.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 92,202
▲ 1% vs 2024
€ 46,100 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.
€ 27,882
▲ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 54,816
▼ 40% vs 2024
€ 29,760 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 17,001
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,368
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,751 | € 124,045 | € 132,608 | € 162,865 | ▲ 23% |
| Profit after taxes | € 20,477 | € 12,937 | € 11,049 | € 30,541 | ▲ 176% |
| Equity | € -86,620 | € -73,683 | € -62,634 | € -32,093 | ▲ € 30,541 |
| Total debts | € 242,199 | € 258,653 | € 241,115 | € 216,833 | ▼ 10% |
| Cash | € 369 | € 1,208 | € 1,493 | € 942 | ▼ 37% |
| Retained profit | € -155,220 | € -142,283 | € -131,234 | € -100,693 | ▲ € 30,541 |
| Bank debt | € 133,347 | € 130,881 | € 91,117 | € 54,816 | ▼ 40% |
| Balance sheet total | € 155,579 | € 184,970 | € 178,481 | € 184,740 | ▲ 4% |
| Employees (FTE) | 2 | 2 | 2 | 2 |
Key figures of Kirsfinck, 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 Kirsfinck?
What happened at Kirsfinck in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,541 (▲ 176% vs 2024). Source: NBB ↗
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,477 profit in 2022 to € 30,541 profit in 2025.
Paid € 54,771 in corporate taxes since 2022.
Best year ever: 2025, with € 30,541 profit.
On average € 81,400 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Place des Combattants 22
4840 Welkenraedt
Crapaurue 177
4800 Verviers
Active since 28 December 1983
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.070.916
- VAT number
- BE 0426.070.916
- Registered office
- Place des Combattants 22, 4840 Welkenraedt
- Names & denominations
- Kirsfinck
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1983
- Peppol
- Not registered
- Activities · NACE
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