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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KSB Service Belgium from Wavre, company number BE0473406718, closed financial year 2025 with a result of € -383,733 after tax. For that financial year KSB Service Belgium recorded a gross margin of € 1.6 million and equity of € -465,450. Compared with financial year 2024, the result moved from € -123,196 to € -383,733. The company made a loss. 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 June 26, 2026.
€ -465,450
▼ € 383,733 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -383,733
▼ 211 % more loss than in 2024
Profit after tax over the fiscal year.
€ 122,946
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -614,186.
People and assets in 2025
21.9
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 4% vs 2024
€ 86,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 65,360
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 980,744
▲ 17% vs 2024
Loans from banks and other lenders, long and short.
€ 790,168
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 278,493
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,153,353 | € 5,155,555 | - | - | |
| Gross margin | - | - | € 1,806,016 | € 1,599,859 | ▼ 11% |
| Profit after taxes | € -330,134 | € -270,387 | € -123,196 | € -383,733 | ▼ € 260,537 |
| Equity | € 311,694 | € 41,479 | € -81,717 | € -465,450 | ▼ € 383,733 |
| Total debts | € 1,853,013 | € 2,888,139 | € 2,138,918 | € 2,049,405 | ▼ 4% |
| Cash | € 275,296 | € 956,478 | € 184,179 | € 122,946 | ▼ 33% |
| Land & buildings | - | - | € 17,189 | € 22,885 | ▲ 33% |
| Retained profit | € 162,958 | € -107,257 | € -230,453 | € -614,186 | ▼ € 383,733 |
| Bank debt | € 902,252 | € 1,547,245 | € 839,890 | € 980,744 | ▲ 17% |
| Balance sheet total | € 2,164,707 | € 2,929,619 | € 2,057,201 | € 1,583,955 | ▼ 23% |
| Employees (FTE) | 23.9 | 23.7 | 21.6 | 21.9 | ▲ 0.3 |
Key figures of KSB Service Belgium, 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 KSB Service Belgium?
What happened at KSB Service Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marc HERMAN stepped down as director. NBB
- Gilles, Jean-Pierre BRUNSCHWICK stepped down as director. NBB
- Emmanuel DEMOUGE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 383,733. Source: NBB ↗
- Bruno Laurent MONJOINT stepped down as director. NBB
- Emmanuel DEMOUGE became a director. NBB
- Bruno Laurent MONJOINT became a director. NBB
- Gilles, Jean-Pierre BRUNSCHWICK became a director. NBB
In short
From € 330,134 loss in 2022 to € 383,733 loss in 2025.
Paid € 10,677 in corporate taxes since 2022.
On average € 73,100 of value added per employee in 2025.
A new publication or filing at KSB Service Belgium? We notify you, reason included.
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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
The stake of K.S.B. Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KSB Service BelgiumThe shares are held by K.S.B. Belgium (100%).
Directors
According to the 2025 annual accounts
since 2024 · until 2027
since 2016 · until 2028
since 2020 · until 2026
Gilles, Jean-Pierre BRUNSCHWICK
Director
since 2019 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de l'Industrie 3
1301 Wavre
Rue de l'Industrie ZS
1301 Wavre
Active since 1 January 2007
Kluizenhof(SGW) 35
9170 Sint-Gillis-Waas
Active since 1 January 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0473.406.718
- VAT number
- BE 0473.406.718
- Registered office
- Rue de l'Industrie 3, 1301 Wavre
- Names & denominations
- KSB Service Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2000
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- +32 (0)10 435218
- Activities · NACE
Reparatie en onderhoud van producten van metaal
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Vervaardiging van hydraulische en pneumatische apparatuur
Vervaardiging van pompen en compressoren