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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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KDS LOGISTICS from Ronse, company number BE0453624557, closed financial year 2025 with a result of € -10,448 after tax. For that financial year KDS LOGISTICS recorded a gross margin of € 16,097 and equity of € 369,155. Compared with financial year 2024, the result moved from € -18,377 to € -10,448. 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 October 31, 2025.
€ 369,155
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,448
▲ 43 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6,364
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 350,555.
People and assets in 2025
€ 3,692
▲ 140% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 147,247
€ 45,415 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 569
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,826
▼ 32% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,935 | € 62,940 | € 67,546 | € 16,097 | ▼ 76% |
| Profit after taxes | € -47,425 | € 4,420 | € -18,377 | € -10,448 | ▲ € 7,929 |
| Equity | € 393,560 | € 397,980 | € 379,603 | € 369,155 | ▼ 3% |
| Total debts | € 247,079 | € 205,817 | € 163,471 | € 155,505 | ▼ 5% |
| Cash | € 2,062 | € 2,789 | € 5,655 | € 6,364 | ▲ 13% |
| Land & buildings | € 555,459 | € 533,258 | € 515,486 | € 492,817 | ▼ 4% |
| Retained profit | € 374,960 | € 379,380 | € 361,003 | € 350,555 | ▼ 3% |
| Bank debt | € 222,327 | € 183,973 | € 147,247 | € 147,247 | |
| Balance sheet total | € 640,639 | € 603,797 | € 543,074 | € 524,659 | ▼ 3% |
Key figures of KDS LOGISTICS, 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 October 2026.
What happened to KDS LOGISTICS?
What happened at KDS LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,448. Source: NBB ↗
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,425 loss in 2022 to € 10,448 loss in 2025.
Best year ever: 2023, with € 4,420 profit.
Management
Behind KDS LOGISTICS is Kurt DE SMET.
Directors
According to the 2025 annual accounts
Kurt DE SMET
Director
Establishments
Establishment units
Physical locations of this company
Napoléon Annicqstraat 22
9600 Ronse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.624.557
- VAT number
- BE 0453.624.557
- Registered office
- Napoléon Annicqstraat 22, 9600 Ronse
- Names & denominations
- KDS LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 1994
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
Opslag
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen