What is the address of KRONOS SYSTEMS?

The registered office of KRONOS SYSTEMS is located at Z. 1 Researchpark 70, 1731 Asse.

Is KRONOS SYSTEMS still active?

Yes. According to the CBE (29 October 2026) KRONOS SYSTEMS is active, legal situation “Normale toestand”, started on 23 October 1987.

Is KRONOS SYSTEMS registered on Peppol?

Yes, KRONOS SYSTEMS is registered on the Peppol network with ID 0208:0432257041.

What is the enterprise number of KRONOS SYSTEMS?

The enterprise number of KRONOS SYSTEMS is BE0432257041.

When was KRONOS SYSTEMS founded?

KRONOS SYSTEMS was founded on 23 October 1987.

Who are the directors of KRONOS SYSTEMS?

According to the 2025 annual accounts, the directors of KRONOS SYSTEMS are: Russell Howe, Stacy-Ann Smith, David Gove, Graham Taylor, John Butler.

Is KRONOS SYSTEMS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 October 1987; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did KRONOS SYSTEMS make in 2025?

KRONOS SYSTEMS posted a profit after taxes of € 1,466,924 in financial year 2025.

What is the revenue of KRONOS SYSTEMS?

In its most recent annual accounts (2025), KRONOS SYSTEMS reported revenue of € 33,706,660.

How much does an employee at KRONOS SYSTEMS earn?

The average wage cost per full-time employee at KRONOS SYSTEMS was € 169,700 in 2025: staff costs of € 4.9 million for 29 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does KRONOS SYSTEMS have?

According to the 2025 annual accounts, KRONOS SYSTEMS has 29 full-time equivalents (FTE).

KRONOS SYSTEMS (Private Limited) - Asse - BE0432257041

Q: What does KRONOS SYSTEMS do?

KRONOS SYSTEMS is registered with the CBE as active in: Vervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur. Private Limited, started on 23 October 1987, 1 establishment.

Dossier KRONOS SYSTEMS, printed on 29 October 2026 from databakkes.be/en/0432257041/kronos-systems. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 46.3 to 29.
Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

KRONOS SYSTEMS from Asse, company number BE0432257041, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year KRONOS SYSTEMS recorded revenue of € 33.7 million and equity of € 6.5 million. Compared with financial year 2024, the result moved from € 922,685 to € 1.5 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 1, 2026.

What it is worth Growing

€ 6.5 million

▲ 29% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.5 million

▲ 59% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 15.5 million

▲ 30% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.1 million.

People and assets in 2025

Full-time equivalents

▼ 10.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.9 million

▼ 28% vs 2024

€ 169,700 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.

Vehicles and equipment

€ 183,325

▼ 33% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 677,193

▼ 25% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 9 days on average.

Taxes and wages

€ 1.8 million

▼ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 20,614,096 Revenue 2022: € 20,614,096 First fiscal year in the series	€ 26,002,158 Revenue 2023: € 26,002,158 ▲ 26% vs 2022 (€ 20,614,096) Favourable step	€ 32,187,753 Revenue 2024: € 32,187,753 ▲ 24% vs 2023 (€ 26,002,158) Favourable step	€ 33,706,660 Revenue 2025: € 33,706,660 ▲ 5% vs 2024 (€ 32,187,753) Favourable step	▲ 5%
Profit after taxes	€ 329,300 Profit after taxes 2022: € 329,300 First fiscal year in the series	€ 681,893 Profit after taxes 2023: € 681,893 ▲ 107% vs 2022 (€ 329,300) Favourable step	€ 922,685 Profit after taxes 2024: € 922,685 ▲ 35% vs 2023 (€ 681,893) Favourable step	€ 1,466,924 Profit after taxes 2025: € 1,466,924 ▲ 59% vs 2024 (€ 922,685) Favourable step	▲ 59%
Equity	€ 3,388,618 Equity 2022: € 3,388,618 First fiscal year in the series	€ 4,070,511 Equity 2023: € 4,070,511 ▲ 20% vs 2022 (€ 3,388,618) Favourable step	€ 4,993,196 Equity 2024: € 4,993,196 ▲ 23% vs 2023 (€ 4,070,511) Favourable step	€ 6,460,120 Equity 2025: € 6,460,120 ▲ 29% vs 2024 (€ 4,993,196) Favourable step	▲ 29%
Total debts	€ 20,845,781 Total debts 2022: € 20,845,781 First fiscal year in the series	€ 19,162,975 Total debts 2023: € 19,162,975 ▼ 8% vs 2022 (€ 20,845,781) Favourable step	€ 28,765,706 Total debts 2024: € 28,765,706 ▲ 50% vs 2023 (€ 19,162,975) Unfavourable step	€ 32,367,671 Total debts 2025: € 32,367,671 ▲ 13% vs 2024 (€ 28,765,706) Unfavourable step	▲ 13%
Cash	€ 8,520,958 Cash 2022: € 8,520,958 First fiscal year in the series	€ 3,867,748 Cash 2023: € 3,867,748 ▼ 55% vs 2022 (€ 8,520,958) Unfavourable step	€ 11,938,833 Cash 2024: € 11,938,833 ▲ 209% vs 2023 (€ 3,867,748) Favourable step	€ 15,545,415 Cash 2025: € 15,545,415 ▲ 30% vs 2024 (€ 11,938,833) Favourable step	▲ 30%
Land & buildings	€ 95,024 Land & buildings 2022: € 95,024 First fiscal year in the series	€ 438,478 Land & buildings 2023: € 438,478 ▲ € 343,454 vs 2022 (€ 95,024) Unchanged	€ 424,318 Land & buildings 2024: € 424,318 ▼ 3% vs 2023 (€ 438,478) Unchanged	€ 398,412 Land & buildings 2025: € 398,412 ▼ 6% vs 2024 (€ 424,318) Unchanged	▼ 6%
Retained profit	€ 26,362 Retained profit 2022: € 26,362 First fiscal year in the series	€ 708,255 Retained profit 2023: € 708,255 ▲ € 681,893 vs 2022 (€ 26,362) Favourable step	€ 1,630,941 Retained profit 2024: € 1,630,941 ▲ 130% vs 2023 (€ 708,255) Favourable step	€ 3,097,865 Retained profit 2025: € 3,097,865 ▲ 90% vs 2024 (€ 1,630,941) Favourable step	▲ 90%
Balance sheet total	€ 24,234,399 Balance sheet total 2022: € 24,234,399 First fiscal year in the series	€ 23,233,485 Balance sheet total 2023: € 23,233,485 ▼ 4% vs 2022 (€ 24,234,399) Unchanged	€ 33,758,901 Balance sheet total 2024: € 33,758,901 ▲ 45% vs 2023 (€ 23,233,485) Unchanged	€ 38,827,792 Balance sheet total 2025: € 38,827,792 ▲ 15% vs 2024 (€ 33,758,901) Unchanged	▲ 15%
Employees (FTE)	46.4 Employees (FTE) 2022: 46.4 First fiscal year in the series	46.3 Employees (FTE) 2023: 46.3 ▼ 0.1 vs 2022 (46.4) Unchanged	39.3 Employees (FTE) 2024: 39.3 ▼ 7 vs 2023 (46.3) Unchanged	29 Employees (FTE) 2025: 29 ▼ 10.3 vs 2024 (39.3) Unchanged	▼ 10.3

Key figures of KRONOS SYSTEMS, 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 April 2027.

What happened to KRONOS SYSTEMS?

What happened at KRONOS SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 1, 2026 New annual accounts for financial year 2025: profit of € 1.5 million (▲ 59% vs 2024). Source: NBB ↗
2025 Russell Howe became a director. NBB
2025 Stacy-Ann Smith became a director. NBB
2025 Graham Taylor became a director. NBB
2025 John Butler stepped down as director. NBB
2024 David Gove became a director. NBB
2019 John Butler became a director. NBB
Nov 6, 1987 New establishment in Asse. KBO

In short

From € 329,300 profit in 2022 to € 1.5 million profit in 2025.

Paid € 1.1 million in corporate taxes since 2022.

Best year ever: 2025, with € 1.5 million profit.

Pays suppliers within 9 days on average.

Original PDFs at the National Bank ↗

Management

UKG Technology Limited 100%

KWE Holding LLC 0%

KRONOS SYSTEMS

KRONOS SYSTEMS B.V. 100%

KRONOS SYSTEMES SA 100%

Behind KRONOS SYSTEMS are Russell Howe, Stacy-Ann Smith, David Gove and Graham Taylor. The shares are held by UKG Technology Limited (100%) and KWE Holding LLC (0%). It owns 100% of KRONOS SYSTEMS B.V. and 100% of KRONOS SYSTEMES SA itself.

Directors

According to the 2025 annual accounts

Russell Howe

Director

since 2025

Stacy-Ann Smith

Director

since 2025

David Gove

Director

since 2024

Graham Taylor

Director

since 2025

John Butler

Director

since 2019 · until 2025

Shareholders

UKG Technology Limited

100%

KWE Holding LLC

Participations

KRONOS SYSTEMS B.V.

100%

KRONOS SYSTEMES SA

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Z. 1 Researchpark 70

1731 Asse

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0432.257.041

VAT number

BE 0432.257.041

Registered office

Z. 1 Researchpark 70, 1731 Asse

Names & denominations

KRONOS SYSTEMS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 October 1987

Peppol

Active · Active since 26 Dec 2025

Activities · NACE

Vervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur

Vervaardiging van elektrische meet-, regel- en controleapparatuur en van elektrische navigatieapparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

KRONOS SYSTEMS

Warning lights

Financials

What happened to KRONOS SYSTEMS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions