Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
K & M from Genk, company number BE0458480792, closed financial year 2025 with a result of € 280 after tax. For that financial year K & M recorded a gross margin of € 1,490 and equity of € -25,525. Compared with financial year 2024, the result moved from € -13,306 to € 280. 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 July 8, 2026.
€ -25,525
▲ € 280 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 280
▲ still € 13,306 loss in 2024
Profit after tax over the fiscal year.
€ 1,554
▼ 1% 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 € -44,117.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 183
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33
▼ 92% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,768 | € -8,844 | € -9,982 | € 1,490 | ▲ € 11,472 |
| Profit after taxes | € -2,031 | € -12,105 | € -13,306 | € 280 | ▲ € 13,586 |
| Equity | € -395 | € -12,500 | € -25,806 | € -25,525 | ▲ € 280 |
| Total debts | € 53,686 | € 36,558 | € 28,448 | € 27,456 | ▼ 3% |
| Cash | - | € 2,185 | € 1,567 | € 1,554 | ▼ 1% |
| Retained profit | € -18,987 | € -31,092 | € -44,398 | € -44,117 | ▲ € 280 |
| Bank debt | € 16,499 | € 15,495 | € 0 | € 0 | |
| Balance sheet total | € 53,292 | € 24,058 | € 2,642 | € 1,930 | ▼ 27% |
Key figures of K & M, 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 K & M?
What happened at K & M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 280. Source: NBB ↗
- New establishment in Genk. KBO
- Hakan Kurnaz became a director. NBB
- Sergio Masia became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,031 loss in 2022 to € 280 profit in 2025.
Best year ever: 2025, with € 280 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind K & M are Hakan Kurnaz and Sergio Masia.
Directors
According to the 2025 annual accounts
Hakan Kurnaz
Director
since 1996
Sergio Masia
Director
since 1996
Establishments
Establishment units
Physical locations of this company
Hengelhoefstraat 170 box 1
3600 Genk
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0458.480.792
- VAT number
- BE 0458.480.792
- Registered office
- Hengelhoefstraat 170 bus 1, 3600 Genk
- Names & denominations
- K & M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 1996
- Peppol
- Active · Active since 8 Apr 2025
- Contact
- genkerplantencentrum.be
- Activities · NACE
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Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)