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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KOBALD from Koksijde, company number BE0454660378, closed financial year 2025 with a result of € 17,262 after tax. For that financial year KOBALD recorded a gross margin of € 28,105 and equity of € -80,081. Compared with financial year 2024, the result moved from € 4,018 to € 17,262. Profitable, and profit is growing. 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 November 30, 2025.
€ -80,081
▲ € 17,262 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,262
▲ € 13,244 vs 2024
Profit after tax over the fiscal year.
€ 13,188
▼ 24% 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 € -263,673.
People and assets in 2025
€ 185
▼ 68% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 140,846
▼ 11% vs 2024
€ 15,891 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 8,759
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 12,162 | € 10,876 | € 15,429 | € 28,105 | ▲ 82% |
| Profit after taxes | € 396 | € 2,097 | € 4,018 | € 17,262 | ▲ € 13,244 |
| Equity | € -103,457 | € -101,360 | € -97,343 | € -80,081 | ▲ € 17,262 |
| Total debts | € 208,852 | € 203,667 | € 191,772 | € 166,712 | ▼ 13% |
| Cash | € 2,352 | € 9,279 | € 17,377 | € 13,188 | ▼ 24% |
| Retained profit | € -287,049 | € -284,952 | € -280,935 | € -263,673 | ▲ € 17,262 |
| Bank debt | € 188,089 | € 171,808 | € 157,474 | € 140,846 | ▼ 11% |
| Balance sheet total | € 105,395 | € 102,307 | € 94,430 | € 86,632 | ▼ 8% |
Key figures of KOBALD, 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 KOBALD?
What happened at KOBALD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,262 (▲ € 13,244 vs 2024). filed late Source: NBB ↗
- CHLOË VAN EEGHEM became a director. NBB
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 396 profit in 2022 to € 17,262 profit in 2025.
Best year ever: 2025, with € 17,262 profit.
Management
Behind KOBALD are CHLOË VAN EEGHEM and GEERT PENEL.
Directors
According to the 2025 annual accounts
CHLOË VAN EEGHEM
Director
since 2018
GEERT PENEL
Director
Establishments
Establishment units
Physical locations of this company
Koninklijke Baan(Kok) 107
8670 Koksijde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.660.378
- VAT number
- BE 0454.660.378
- Registered office
- Koninklijke Baan(Kok) 107, 8670 Koksijde
- Names & denominations
- KOBALD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 1995
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Gastenkamers
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