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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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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
KIA ORA from Kortrijk, company number BE0436213255, closed financial year 2025 with a result of € -16,472 after tax. For that financial year KIA ORA recorded a gross margin of € 18,337 and equity of € 3.5 million. Compared with financial year 2024, the result moved from € -22,544 to € -16,472. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 3.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,472
▲ 27 % less loss than in 2024
Profit after tax over the fiscal year.
€ 97,581
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -222,119.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,338 | € 10,261 | € 12,129 | € 18,337 | ▲ 51% |
| Profit after taxes | € -18,127 | € -25,063 | € -22,544 | € -16,472 | ▲ € 6,072 |
| Equity | € 3,560,363 | € 3,535,301 | € 3,512,756 | € 3,496,284 | |
| Total debts | € 302 | € 12,676 | € 0 | € 0 | |
| Cash | € 98,085 | € 107,322 | € 93,078 | € 97,581 | ▲ 5% |
| Land & buildings | € 3,461,630 | € 3,440,654 | € 3,419,678 | € 3,398,703 | ▼ 1% |
| Retained profit | € -158,039 | € -183,102 | € -205,646 | € -222,119 | ▼ € 16,472 |
| Balance sheet total | € 3,560,665 | € 3,547,976 | € 3,512,756 | € 3,496,284 |
Key figures of KIA ORA, 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 KIA ORA?
What happened at KIA ORA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stefaan VANDECASTEELE stepped down as director. NBB
- ANASSA NV stepped down as director. NBB
- PATRIVAS NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 16,472. Source: NBB ↗
- Stefaan VANDECASTEELE became a director. NBB
- PATRIVAS NV became a director. NBB
- ANASSA NV became a director. NBB
- New establishment in Kortrijk. KBO
In short
From € 18,127 loss in 2022 to € 16,472 loss in 2025.
Management
The stake of ANASSA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KIA ORAThe shares are held by ANASSA (51%).
Directors
According to the 2025 annual accounts
Stefaan VANDECASTEELE
Chairman of the board
Also active at: ANASSA, Patrivan, Patrivas, WOLVENHOEVE, DERMINE HOUTIMPORT
since 2000 · until 2030
Managing director · represented by VANDECASTEELE Louis
since 1994 · until 2030
Director · represented by VANDECASTEELE Margaux
Also active at: ANASSA, DERMINE HOUTIMPORT
since 2000 · until 2030
Shareholders
51%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wolvendreef(Kor) 18
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.213.255
- VAT number
- BE 0436.213.255
- Registered office
- Wolvendreef(Kor) 18, 8500 Kortrijk
- Names & denominations
- KIA ORA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1988
- Peppol
- Not registered