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 41 % of short-term debt in 2024; threshold 65 %.
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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 2024
Katimco from Tielt, company number BE0427180377, closed financial year 2024 with a result of € 7,157 after tax. For that financial year Katimco recorded a gross margin of € 57,667 and equity of € 110,227. Compared with financial year 2023, the result moved from € 8,466 to € 7,157. 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 August 26, 2025.
€ 110,227
▲ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,157
▼ 15% vs 2023
Profit after tax over the fiscal year.
€ 13,083
▼ 34% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 43,382.
People and assets in 2024
€ 20,836
▼ 27% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 384,306
▼ 2% vs 2023
€ 7,065 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4,128
▼ 35% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 42,586 | € 49,647 | € 62,344 | € 57,667 | ▼ 8% |
| Profit after taxes | € 21,296 | € 9,231 | € 8,466 | € 7,157 | ▼ 15% |
| Equity | € 85,373 | € 94,603 | € 103,070 | € 110,227 | ▲ 7% |
| Total debts | € 307,062 | € 380,895 | € 400,871 | € 389,300 | ▼ 3% |
| Cash | € 20,453 | € 30,773 | € 19,759 | € 13,083 | ▼ 34% |
| Land & buildings | € 323,201 | € 346,381 | € 296,962 | € 283,843 | ▼ 4% |
| Retained profit | € 20,373 | € 29,603 | € 36,225 | € 43,382 | ▲ 20% |
| Bank debt | € 295,000 | € 371,000 | € 390,936 | € 384,306 | ▼ 2% |
| Balance sheet total | € 392,434 | € 475,499 | € 503,941 | € 499,527 | ▼ 1% |
Key figures of Katimco, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Katimco?
What happened at Katimco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 7,157 (▼ 15% vs 2023). filed late Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,296 profit in 2021 to € 7,157 profit in 2024.
Paid € 11,845 in corporate taxes since 2021.
Best year ever: 2021, with € 21,296 profit.
Management
Behind Katimco are Frans VERMEERSCH and Katelijne CLEYMAN.
Directors
According to the 2024 annual accounts
Frans VERMEERSCH
Director
Katelijne CLEYMAN
Director
Establishments
Establishment units
Physical locations of this company
Egemsesteenweg 44
8700 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.180.377
- VAT number
- BE 0427.180.377
- Registered office
- Egemsesteenweg 44, 8700 Tielt
- Names & denominations
- Katimco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 1985
- Peppol
- Not registered