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 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Kit's from Blankenberge, company number BE0466873668, closed financial year 2025 with a result of € 5,754 after tax. For that financial year Kit's recorded a gross margin of € 38,415 and equity of € -80,030. Compared with financial year 2024, the result moved from € -12,774 to € 5,754. 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 14, 2026.
€ -80,030
▲ € 5,754 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,754
▲ still € 12,774 loss in 2024
Profit after tax over the fiscal year.
€ 403
▼ 83% 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 € -130,030.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,177 | € 16,478 | € 15,351 | € 38,415 | ▲ 150% |
| Profit after taxes | € -20,754 | € -12,158 | € -12,774 | € 5,754 | ▲ € 18,529 |
| Equity | € -60,852 | € -73,010 | € -85,784 | € -80,030 | ▲ € 5,754 |
| Total debts | € 1,126,875 | € 1,375,900 | € 1,140,094 | € 960,719 | ▼ 16% |
| Cash | € 5,606 | € 21,014 | € 2,414 | € 403 | ▼ 83% |
| Land & buildings | - | - | € 853,714 | € 826,489 | ▼ 3% |
| Retained profit | € -110,852 | € -123,010 | € -135,784 | € -130,030 | ▲ € 5,754 |
| Bank debt | € 185,300 | € 185,300 | € 0 | € 0 | |
| Balance sheet total | € 1,066,023 | € 1,302,890 | € 1,054,310 | € 880,689 | ▼ 16% |
Key figures of Kit's, 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 Kit's?
What happened at Kit's in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,754. Source: NBB ↗
- Sim Vrombaut became a director. NBB
- Ranax BV became a director. NBB
- Stephaan Verburgh became a director. NBB
- Lieven Ketels stepped down as director. NBB
- New establishment in Blankenberge. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,754 loss in 2022 to € 5,754 profit in 2025.
Best year ever: 2025, with € 5,754 profit.
Management
The stake of RANAX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Kit'sBehind Kit's are Sim Vrombaut, Ranax BV and Stephaan Verburgh. The shares are held by RANAX (33.3%).
Directors
According to the 2025 annual accounts
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schaapstraat 118
8370 Blankenberge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0466.873.668
- VAT number
- BE 0466.873.668
- Registered office
- Schaapstraat 118, 8370 Blankenberge
- Names & denominations
- Kit's
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 1999
- Peppol
- Not registered