What does KINGSPAN do?

KINGSPAN is a wholesaler in Grobbendonk. Public Limited, started on 24 October 1994, 2 establishments.

What is the address of KINGSPAN?

The registered office of KINGSPAN is located at Bouwelven 17, 2280 Grobbendonk.

Is KINGSPAN still active?

Yes. According to the CBE (29 October 2026) KINGSPAN is active, legal situation “Normale toestand”, started on 24 October 1994.

Is KINGSPAN registered on Peppol?

Yes, KINGSPAN is registered on the Peppol network with ID 0208:0453648016.

What is the enterprise number of KINGSPAN?

The enterprise number of KINGSPAN is BE0453648016.

When was KINGSPAN founded?

KINGSPAN was founded on 24 October 1994.

Who are the directors of KINGSPAN?

According to the 2025 annual accounts, the directors of KINGSPAN are: DM&C BV, Cédric Bruge, Kingspan Holding Belgium NV, Justine Marsal.

Is KINGSPAN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 October 1994; 6 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 2 establishments in the CBE.

How much profit did KINGSPAN make in 2025?

KINGSPAN posted a profit after taxes of € 1,174,942 in financial year 2025.

What is the revenue of KINGSPAN?

In its most recent annual accounts (2025), KINGSPAN reported revenue of € 12,389,155.

How much does an employee at KINGSPAN earn?

The average wage cost per full-time employee at KINGSPAN was € 132,500 in 2025: staff costs of € 2.5 million for 19 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does KINGSPAN have?

According to the 2025 annual accounts, KINGSPAN has 19 full-time equivalents (FTE).

Does KINGSPAN have a website?

Yes, KINGSPAN has a website at kingspanpanels.be.

KINGSPAN (Public Limited) - Grobbendonk - BE0453648016

Dossier KINGSPAN, printed on 29 October 2026 from databakkes.be/en/0453648016/kingspan. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

KINGSPAN from Grobbendonk, company number BE0453648016, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year KINGSPAN recorded revenue of € 12.4 million and equity of € 28.7 million. Compared with financial year 2024, the result moved from € -6 million to € 1.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.

What it is worth Growing

€ 28.7 million

▲ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.2 million

▲ still € 6 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 0

▼ 100% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -9.3 million.

People and assets in 2025

Full-time equivalents

▼ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 996,111 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.5 million

▼ 17% vs 2024

€ 132,500 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1.4 million

▲ 52% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.

Taxes and wages

€ 546,230

▼ 5% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 19,898,146 Revenue 2022: € 19,898,146 First fiscal year in the series	€ 14,641,857 Revenue 2023: € 14,641,857 ▼ 26% vs 2022 (€ 19,898,146) Unfavourable step	€ 12,287,289 Revenue 2024: € 12,287,289 ▼ 16% vs 2023 (€ 14,641,857) Unfavourable step	€ 12,389,155 Revenue 2025: € 12,389,155 ▲ 1% vs 2024 (€ 12,287,289) Favourable step	▲ 1%
Profit after taxes	€ -426,439 Profit after taxes 2022: € -426,439 First fiscal year in the series	€ 45,399 Profit after taxes 2023: € 45,399 ▲ € 471,837 vs 2022 (€ -426,439) Favourable step	€ -6,014,714 Profit after taxes 2024: € -6,014,714 ▼ € 6.1 million vs 2023 (€ 45,399) Unfavourable step	€ 1,174,942 Profit after taxes 2025: € 1,174,942 ▲ € 7.2 million vs 2024 (€ -6,014,714) Favourable step	▲ € 7.2 million
Equity	€ 27,602,911 Equity 2022: € 27,602,911 First fiscal year in the series	€ 33,572,130 Equity 2023: € 33,572,130 ▲ 22% vs 2022 (€ 27,602,911) Favourable step	€ 27,558,225 Equity 2024: € 27,558,225 ▼ 18% vs 2023 (€ 33,572,130) Unfavourable step	€ 28,733,167 Equity 2025: € 28,733,167 ▲ 4% vs 2024 (€ 27,558,225) Favourable step	▲ 4%
Total debts	€ 1,594,472 Total debts 2022: € 1,594,472 First fiscal year in the series	€ 1,684,260 Total debts 2023: € 1,684,260 ▲ 6% vs 2022 (€ 1,594,472) Unfavourable step	€ 1,651,512 Total debts 2024: € 1,651,512 ▼ 2% vs 2023 (€ 1,684,260) Favourable step	€ 2,089,251 Total debts 2025: € 2,089,251 ▲ 27% vs 2024 (€ 1,651,512) Unfavourable step	▲ 27%
Cash	-	-	€ 37,445 Cash 2024: € 37,445 First fiscal year in the series	€ 0 Cash 2025: € 0 ▼ 100% vs 2024 (€ 37,445) Unfavourable step	▼ 100%
Land & buildings	€ 45,381 Land & buildings 2022: € 45,381 First fiscal year in the series	€ 45,302 Land & buildings 2023: € 45,302 Unchanged (€ 45,381) Unchanged	€ 45,241 Land & buildings 2024: € 45,241 Unchanged (€ 45,302) Unchanged	€ 45,241 Land & buildings 2025: € 45,241 Unchanged (€ 45,241) Unchanged
Retained profit	€ -4,954,559 Retained profit 2022: € -4,954,559 First fiscal year in the series	€ -4,491,208 Retained profit 2023: € -4,491,208 ▲ € 463,351 vs 2022 (€ -4,954,559) Favourable step	€ -10,505,113 Retained profit 2024: € -10,505,113 ▼ € 6 million vs 2023 (€ -4,491,208) Unfavourable step	€ -9,330,171 Retained profit 2025: € -9,330,171 ▲ € 1.2 million vs 2024 (€ -10,505,113) Favourable step	▲ € 1.2 million
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 787 Bank debt 2023: € 787 Unchanged (€ 0) Unfavourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 787) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 29,267,383 Balance sheet total 2022: € 29,267,383 First fiscal year in the series	€ 35,594,068 Balance sheet total 2023: € 35,594,068 ▲ 22% vs 2022 (€ 29,267,383) Unchanged	€ 29,763,317 Balance sheet total 2024: € 29,763,317 ▼ 16% vs 2023 (€ 35,594,068) Unchanged	€ 31,171,918 Balance sheet total 2025: € 31,171,918 ▲ 5% vs 2024 (€ 29,763,317) Unchanged	▲ 5%
Employees (FTE)	12.3 Employees (FTE) 2022: 12.3 First fiscal year in the series	17.3 Employees (FTE) 2023: 17.3 ▲ 5 vs 2022 (12.3) Unchanged	19.3 Employees (FTE) 2024: 19.3 ▲ 2 vs 2023 (17.3) Unchanged	19 Employees (FTE) 2025: 19 ▼ 0.3 vs 2024 (19.3) Unchanged	▼ 0.3

Key figures of KINGSPAN, 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 KINGSPAN?

What happened at KINGSPAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Kingspan Holding Belgium NV stepped down as director. NBB
2030 Cédric Bruge stepped down as director. NBB
2030 Justine Marsal stepped down as director. NBB
2028 DM&C BV stepped down as director. NBB
Aug 24, 2026 New annual accounts for financial year 2025: profit of € 1.2 million. filed late Source: NBB ↗
2025 Cédric Bruge became a director. NBB
2025 Justine Marsal became a director. NBB
2024 Kingspan Holding Belgium NV became a director. NBB

In short

From € 426,439 loss in 2022 to € 1.2 million profit in 2025.

Paid € 51,262 in corporate taxes since 2022.

Best year ever: 2025, with € 1.2 million profit.

Pays suppliers within 44 days on average.

Original PDFs at the National Bank ↗

Management

KINGSPAN HOLDING BELGIUM 100%

The stake of KINGSPAN HOLDING BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

KINGSPAN

Kingspan Insulation 100%

The shares are held by KINGSPAN HOLDING BELGIUM (100%). It owns 100% of Kingspan Insulation itself.

Directors

According to the 2025 annual accounts

DM&C BV

Managing director · represented by Steven De Rynck

Also active at: WP international

since 2023 · until 2028

Cédric Bruge

Director

Also active at: KINGSPAN HOLDING BELGIUM

since 2025 · until 2030

Kingspan Holding Belgium NV

Director · represented by MC Carthy Gilbert

since 2024 · until 2030

Justine Marsal

Director

since 2025 · until 2030

Shareholders

KINGSPAN HOLDING BELGIUM

100%

Participations

Kingspan Insulation

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Bouwelven 17

2280 Grobbendonk

2.373.149.441

Pontstraat 80

8791 Waregem

Active since 31 July 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Kingspan Unidek

€ 493,969 gross margin · 2025

KINGSPAN HOLDING BELGIUM same network

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTP kingspanpanels.be

Canonical: https://www.kingspan.com/be/nl/kingspan-divisies/kingspan-geisoleerde-panelen/

About

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Hosting & Email

Email provider

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Hosting

AMAZON-02 - Amazon.com, Inc., US

Website info

HTTPS Nee

Languages NL

Features

Webshop Jobs Contact page

Security

✗ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0453.648.016

VAT number

BE 0453.648.016

Registered office

Bouwelven 17, 2280 Grobbendonk

Names & denominations

KINGSPAN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

24 October 1994

Peppol

Active · Active since 4 Dec 2025

Contact

kingspanpanels.be

Activities · NACE

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

View on CBE Public ↗ Annual accounts (NBB) ↗

KINGSPAN

Financials

What happened to KINGSPAN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions