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 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KIRIBATI from Gent, company number BE0471698528, closed financial year 2025 with a result of € -9,284 after tax. For that financial year KIRIBATI recorded a gross margin of € -7,370 and equity of € 20,571. Compared with financial year 2024, the result moved from € 812 to € -9,284. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 20,571
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,284
▼ still € 812 profit in 2024
Profit after tax over the fiscal year.
€ 4,688
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1,979.
People and assets in 2025
€ 253
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,000
Loans from banks and other lenders, long and short.
€ 155
▲ 219% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,116
▲ 159% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,361 | € -16,272 | € 7,480 | € -7,370 | ▼ € 14,850 |
| Profit after taxes | € -6,955 | € -45,840 | € 812 | € -9,284 | ▼ € 10,097 |
| Equity | € 74,883 | € 29,043 | € 29,856 | € 20,571 | ▼ 31% |
| Total debts | € 28,626 | € 47,594 | € 44,674 | € 51,739 | ▲ 16% |
| Cash | € 1,431 | € 1,162 | € 3,548 | € 4,688 | ▲ 32% |
| Retained profit | € 56,291 | € 10,451 | € 11,264 | € 1,979 | ▼ 82% |
| Bank debt | € 10,000 | € 10,000 | € 10,000 | € 10,000 | |
| Balance sheet total | € 103,509 | € 76,637 | € 74,529 | € 72,310 | ▼ 3% |
Key figures of KIRIBATI, 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 KIRIBATI?
What happened at KIRIBATI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,284 (▼ € 10,097 vs 2024). Source: NBB ↗
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,955 loss in 2022 to € 9,284 loss in 2025.
Paid € 0 in corporate taxes since 2022.
Best year ever: 2024, with € 812 profit.
Management
Behind KIRIBATI are Jori Hernalsteen and Maria Scarpulla.
Directors
According to the 2025 annual accounts
Jori Hernalsteen
Director
Maria Scarpulla
Director
Establishments
Establishment units
Physical locations of this company
Afsneekouter 50 box /
9051 Gent
Maurits Roelantslaan 4
1933 Zaventem
Active since 30 June 2000
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.698.528
- VAT number
- BE 0471.698.528
- Registered office
- Afsneekouter 50 bus /, 9051 Gent
- Names & denominations
- KIRIBATI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 2000
- Peppol
- Active · Active since 6 Feb 2026
- Activities · NACE
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