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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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KBUREZ from Oudenaarde, company number BE0434481509, closed financial year 2025 with a result of € 32,091 after tax. For that financial year KBUREZ recorded a gross margin of € 255,108 and equity of € -61,766. Compared with financial year 2024, the result moved from € 53,274 to € 32,091. The company is profitable. 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 June 15, 2026.
€ -61,766
▲ € 32,091 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,091
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 5,059
▲ 53% 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 € -223,766.
People and assets in 2025
€ 145,181
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 23,700
▼ 29% vs 2024
Of which on lease € 7,598.
Debts at end 2025
€ 368,839
▼ 16% vs 2024
€ 92,359 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 32,878
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,999
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 325,689 | € 222,299 | € 268,201 | € 255,108 | ▼ 5% |
| Profit after taxes | € 69,085 | € 18,237 | € 53,274 | € 32,091 | ▼ 40% |
| Equity | € -165,367 | € -147,130 | € -93,857 | € -61,766 | ▲ € 32,091 |
| Total debts | € 637,435 | € 638,536 | € 517,132 | € 435,930 | ▼ 16% |
| Cash | € 2,288 | € 3,899 | € 3,309 | € 5,059 | ▲ 53% |
| Land & buildings | € 278,644 | € 244,943 | € 227,419 | € 200,756 | ▼ 12% |
| Retained profit | € -327,367 | € -309,130 | € -255,857 | € -223,766 | ▲ € 32,091 |
| Bank debt | € 516,891 | € 484,898 | € 438,982 | € 368,839 | ▼ 16% |
| Balance sheet total | € 472,068 | € 491,406 | € 423,275 | € 374,164 | ▼ 12% |
| Employees (FTE) | 4.6 | 4.4 | 5 | - |
Key figures of KBUREZ, 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 KBUREZ?
What happened at KBUREZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kristoffel Burez stepped down as director. NBB
- Petra Decaestecker stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 32,091 (▼ 40% vs 2024). Source: NBB ↗
- Kristoffel Burez became a director. NBB
- Petra Decaestecker became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,085 profit in 2022 to € 32,091 profit in 2025.
Paid € 639 in corporate taxes since 2022.
Best year ever: 2022, with € 69,085 profit.
On average € 53,600 of value added per employee in 2024.
Management
Directors
According to the 2025 annual accounts
Kristoffel Burez
Managing director
since 2021 · until 2027
Petra Decaestecker
Managing director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Beverestraat 80
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.481.509
- VAT number
- BE 0434.481.509
- Registered office
- Beverestraat 80, 9700 Oudenaarde
- Names & denominations
- KBUREZ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 1988
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Artisanale brood- en banketbakkerijen