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 32 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KOEPOORTKAAI from Gent, company number BE0444143105, closed financial year 2025 with a result of € -2 million after tax. For that financial year KOEPOORTKAAI recorded a gross margin of € 2.3 million and equity of € 870,660. Compared with financial year 2024, the result moved from € 187,877 to € -2 million. The company made a loss. The buffer shrank hard: equity is 70 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 870,660
▼ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2 million
▼ still € 187,877 profit in 2024
Profit after tax over the fiscal year.
€ 667,458
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 721,530.
People and assets in 2025
15.1
▲ 4.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 53% vs 2024
€ 117,300 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.
€ 12,241
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12.8 million
▼ 11% vs 2024
€ 1.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 2.4 million
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 259,803
▲ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,017,189 | € 2,924,688 | € 3,566,103 | € 2,284,284 | ▼ 36% |
| Profit after taxes | € 661,832 | € 38,687 | € 187,877 | € -2,013,478 | ▼ € 2.2 million |
| Equity | € 2,657,574 | € 2,696,261 | € 2,884,139 | € 870,660 | ▼ 70% |
| Total debts | € 19,402,045 | € 18,256,602 | € 16,585,683 | € 15,781,992 | ▼ 5% |
| Cash | € 1,079,130 | € 736,170 | € 888,046 | € 667,458 | ▼ 25% |
| Land & buildings | € 4,375,000 | € 3,500,000 | € 2,625,000 | € 7,586,079 | ▲ 189% |
| Retained profit | € 2,508,444 | € 2,547,131 | € 2,735,008 | € 721,530 | ▼ 74% |
| Bank debt | € 17,276,973 | € 15,804,839 | € 14,299,544 | € 12,758,290 | ▼ 11% |
| Balance sheet total | € 22,059,620 | € 20,952,863 | € 19,469,821 | € 16,652,652 | ▼ 14% |
| Employees (FTE) | 6.7 | 6.4 | 10.9 | 15.1 | ▲ 4.2 |
Key figures of KOEPOORTKAAI, 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 KOEPOORTKAAI?
What happened at KOEPOORTKAAI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2 million (▼ € 2.2 million vs 2024). Source: NBB ↗
- Ronnie Gross stepped down as director. NBB
- Etai Gross stepped down as director. NBB
- GRANIT EUROPE NV stepped down as director. NBB
- Harry Gross stepped down as director. NBB
- Ronnie Gross became a director. NBB
- Etai Gross became a director. NBB
- GRANIT EUROPE NV became a director. NBB
In short
From € 661,832 profit in 2022 to € 2 million loss in 2025.
Paid € 16,420 in corporate taxes since 2022.
Best year ever: 2022, with € 661,832 profit.
On average € 151,300 of value added per employee in 2025.
Management
The stake of Granit Europe comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KOEPOORTKAAIThe shares are held by Granit Europe (100%).
Directors
According to the 2025 annual accounts
Ronnie Gross
Director
since 2020 · until 2026
Etai Gross
Director
since 2020 · until 2026
Managing director · represented by Karolien De Brouwer
Also active at: ETABLISSEMENTS ED. BLOCK, GRANIT HOTEL MANAGEMENT, GRANIT PROMOTIONS, GRANIT MRI, Granit Development, GRANIT AKKERHAGE, GRANIT EVENT CENTER, GRANIT CY GHENT
since 2020 · until 2026
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriepark-Drongen 14 box 111
9031 Gent
Korenlei 10
9000 Gent
Active since 29 December 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →ETABLISSEMENTS ED. BLOCK same network
€ 1.8 million gross margin · 2025
DURABLE BELGIUM
€ 637,790 gross margin · 2025
GRANIT HOTEL MANAGEMENT same network
€ 3.6 million gross margin · 2025
GRANIT PROMOTIONS same network
€ -450,496 gross margin · 2025
RT CHEM
€ 345,480 gross margin · 2023
+9 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
- 0444.143.105
- VAT number
- BE 0444.143.105
- Registered office
- Industriepark-Drongen 14 bus 111, 9031 Gent
- Names & denominations
- KOEPOORTKAAI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 1991
- Peppol
- Active · Active since 18 Mar 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Ontwikkeling van residentiële bouwprojecten
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis