Financials
Financial year 2025
KIOR from Balen, company number BE0465365517, closed financial year 2025 with a result of € 62,487 after tax. For that financial year KIOR recorded a gross margin of € 108,160 and equity of € 535,018. Compared with financial year 2024, the result moved from € 26,430 to € 62,487. 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 December 9, 2025.
€ 535,018
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,487
▲ 136% vs 2024
Profit after tax over the fiscal year.
€ 154,961
▲ 172% 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 € 473,045.
People and assets in 2025
€ 24,426
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 150,000
▼ 50% vs 2024
Loans from banks and other lenders, long and short.
€ 48,689
▲ 107% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,076
▼ 63% 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 | € 328,006 | € 118,560 | € 74,513 | € 108,160 | ▲ 45% |
| Profit after taxes | € 250,594 | € 90,238 | € 26,430 | € 62,487 | ▲ 136% |
| Equity | € 415,863 | € 446,101 | € 472,531 | € 535,018 | ▲ 13% |
| Total debts | € 521,162 | € 301,777 | € 357,489 | € 211,153 | ▼ 41% |
| Cash | € 511,648 | € 260,963 | € 56,978 | € 154,961 | ▲ 172% |
| Retained profit | € 353,890 | € 384,128 | € 410,558 | € 473,045 | ▲ 15% |
| Dividend | € 60,000 | € 60,000 | € 0 | € 0 | |
| Bank debt | € 150,000 | € 150,000 | € 300,000 | € 150,000 | ▼ 50% |
| Balance sheet total | € 937,025 | € 747,878 | € 830,020 | € 746,171 | ▼ 10% |
Key figures of KIOR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to KIOR?
What happened at KIOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank JANSEN stepped down as director. NBB
- Godelieve WELLENS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 62,487 (▲ 136% vs 2024). Source: NBB ↗
- Frank JANSEN became a director. NBB
- Godelieve WELLENS became a director. NBB
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 250,594 profit in 2022 to € 62,487 profit in 2025.
Paid € 97,974 in corporate taxes since 2022.
Best year ever: 2022, with € 250,594 profit.
Paid out € 120,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Frank JANSEN
Managing director
since 2023 · until 2029
Godelieve WELLENS
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
St.Jansstraat 24
2490 Balen
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.
Details
- Company number
- 0465.365.517
- VAT number
- BE 0465.365.517
- Registered office
- St.Jansstraat 24, 2490 Balen
- Names & denominations
- KIOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 1999
- Peppol
- Active · Active since 30 Oct 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden