Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
KO GROUP from Sint-Pieters-Woluwe, company number BE0433046305, closed financial year 2024 with a result of € -292,533 after tax. For that financial year KO GROUP recorded revenue of € 1.9 million and equity of € 1.6 million. Compared with financial year 2023, the result moved from € -37,017 to € -292,533. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2025.
€ 1.6 million
▼ 15% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -292,533
▼ 690 % more loss than in 2023
Profit after tax over the fiscal year.
€ 41,535
▼ 36% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -163,406.
People and assets in 2024
7.6
▲ 1.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 523,315
▲ 18% vs 2023
€ 68,900 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.
€ 3,188
▼ 78% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 500,000
▲ € 498,201 vs 2023
€ 91,974 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,078
▼ € 247,222 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 37,416
▼ 41% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 1,867,267 | |
| Gross margin | € 433,197 | € 496,599 | € -81,254 | € -454,310 | ▼ € 373,056 |
| Profit after taxes | € 123,497 | € -79,083 | € -37,017 | € -292,533 | ▼ € 255,516 |
| Equity | € 263,819 | € 1,942,760 | € 1,905,743 | € 1,613,210 | ▼ 15% |
| Total debts | € 867,717 | € 1,081,003 | € 4,359,889 | € 6,177,494 | ▲ 42% |
| Cash | € 641 | € 1,277,668 | € 64,909 | € 41,535 | ▼ 36% |
| Retained profit | € 245,227 | € 166,143 | € 129,126 | € -163,406 | ▼ € 292,533 |
| Bank debt | € 15,909 | € 6,075 | € 1,799 | € 500,000 | ▲ € 498,201 |
| Balance sheet total | € 1,131,535 | € 3,023,763 | € 6,265,632 | € 7,790,704 | ▲ 24% |
| Employees (FTE) | 3.8 | 7.5 | 6.5 | 7.6 | ▲ 1.1 |
Key figures of KO GROUP, 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 KO GROUP?
What happened at KO GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 292,533. filed late Source: NBB ↗
- Quentin MOREAU became a director. NBB
- Jérémy LETOVSKY became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 123,497 profit in 2021 to € 292,533 loss in 2024.
Paid € 67,588 in corporate taxes since 2021.
Best year ever: 2021, with € 123,497 profit.
On average € 66,200 of value added per employee in 2022.
Management
Behind KO GROUP are Quentin MOREAU and Jérémy LETOVSKY. It owns 100% of KO IXELLES, 100% of KO MESSANCY, 100% of KO GAND, 100% of KO GROUP AMUSEMENT MAROC, 100% of KO AMUSEMENT 4120 and 100% of KO GEMBLOUX itself.
Directors
According to the 2024 annual accounts
Quentin MOREAU
Director
since 2023
Jérémy LETOVSKY
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Orbanlaan 214
1150 Sint-Pieters-Woluwe
Avenue des Mésanges 12
1410 Waterloo
Active since 8 February 1988
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →KO AMUSEMENT 1410 same network
€ 1.1 million revenue · 2024
KO AMUSEMENT 4120 same network
€ 746,395 revenue · 2024
KO MESSANCY same network
€ 1.4 million revenue · 2024
KO MINI WATERLOO same network
€ 674,353 revenue · 2024
KO GAND same network
€ 306,851 revenue · 2024
+3 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
- 0433.046.305
- VAT number
- BE 0433.046.305
- Registered office
- Orbanlaan 214, 1150 Sint-Pieters-Woluwe
- Names & denominations
- KO GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1987
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Activiteiten van pret- en themaparken
Exploitatie van pret- en themaparken
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Schilderen van gebouwen
Stukadoorswerk
Algemene bouw van residentiële gebouwen
Schrijnwerk
Ontwikkeling van residentiële bouwprojecten
+3