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 22 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KESIN from Brugge, company number BE0460030022, closed financial year 2025 with a result of € 6,964 after tax. For that financial year KESIN recorded a gross margin of € 149,009 and equity of € 159,340. Compared with financial year 2024, the result moved from € 13,158 to € 6,964. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 159,340
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,964
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 28,950
▲ 101% 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 € 97,367.
Debts at end 2025
€ 1.1 million
▼ 4% vs 2024
€ 108,031 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 128
Supplier invoices still open on the last day of the fiscal year.
€ 24,658
▼ 2% 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 | € 154,060 | € 173,840 | € 199,716 | € 149,009 | ▼ 25% |
| Profit after taxes | € 162 | € 8,805 | € 13,158 | € 6,964 | ▼ 47% |
| Equity | € 130,413 | € 139,218 | € 152,376 | € 159,340 | ▲ 5% |
| Total debts | € 2,212,148 | € 2,155,705 | € 1,164,368 | € 1,122,974 | ▼ 4% |
| Cash | € 125,171 | € 106,486 | € 14,372 | € 28,950 | ▲ 101% |
| Land & buildings | € 2,212,389 | € 2,178,458 | € 1,181,178 | € 1,133,336 | ▼ 4% |
| Retained profit | € 68,440 | € 77,245 | € 90,403 | € 97,367 | ▲ 8% |
| Bank debt | € 2,182,029 | € 2,129,239 | € 1,124,262 | € 1,075,289 | ▼ 4% |
| Balance sheet total | € 2,342,561 | € 2,294,923 | € 1,316,744 | € 1,282,314 | ▼ 3% |
Key figures of KESIN, 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 KESIN?
What happened at KESIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,964 (▼ 47% vs 2024). Source: NBB ↗
- Annie Robberechts stepped down as director. NBB
- Kepan BV stepped down as director. NBB
- Luc Weytjens stepped down as director. NBB
- Annie Robberechts became a director. NBB
- Kepan BV became a director. NBB
- Luc Weytjens became a director. NBB
- New establishment in Brugge. KBO
In short
From € 162 profit in 2022 to € 6,964 profit in 2025.
Paid € 7,553 in corporate taxes since 2022.
Best year ever: 2024, with € 13,158 profit.
Management
The stake of Kepan comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KESINThe shares are held by Kepan (100%).
Directors
According to the 2025 annual accounts
Annie Robberechts
Director
since 2021 · until 2026
Director · represented by Marie Paule Sierens
since 2021 · until 2026
Luc Weytjens
Director
since 2021 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Torhoutse Steenweg 246
8200 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →HELLY HANSEN
€ 74,408 gross margin · 2025
B&W Group Belgium
€ 720,455 gross margin · 2025
MAERTENS EN PARTNERS
EMDAMA
SCHOONMAAKWOEDE
€ 53,479 gross margin · 2025
+8 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
- 0460.030.022
- VAT number
- BE 0460.030.022
- Registered office
- Torhoutse Steenweg 246, 8200 Brugge
- Names & denominations
- KESIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 1997
- Peppol
- Active · Active since 24 Nov 2023