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 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KO'BALT from Brasschaat, company number BE0476927719, closed financial year 2025 with a result of € 56,339 after tax. For that financial year KO'BALT recorded a gross margin of € 311,124 and equity of € 543,006. Compared with financial year 2024, the result moved from € 87,458 to € 56,339. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 543,006
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,339
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 61,886
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 77,192 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 36,809
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 884,344
▲ 170% vs 2024
€ 114,436 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 13,660
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,697
▲ € 13,083 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 | € 162,996 | € 272,341 | € 277,854 | € 311,124 | ▲ 12% |
| Profit after taxes | € 67,976 | € 85,567 | € 87,458 | € 56,339 | ▼ 36% |
| Equity | € 433,749 | € 491,667 | € 563,859 | € 543,006 | ▼ 4% |
| Total debts | € 667,442 | € 603,999 | € 349,620 | € 989,852 | ▲ 183% |
| Cash | € 102,608 | € 136,221 | € 87,350 | € 61,886 | ▼ 29% |
| Land & buildings | € 710,642 | € 633,088 | € 533,287 | € 1,080,444 | ▲ 103% |
| Retained profit | € 415,149 | € 473,067 | € 545,259 | € 524,406 | ▼ 4% |
| Dividend | € 20,683 | € 27,648 | € 15,265 | € 77,192 | ▲ € 61,927 |
| Bank debt | € 607,021 | € 543,818 | € 327,726 | € 884,344 | ▲ 170% |
| Balance sheet total | € 1,112,800 | € 1,105,824 | € 922,187 | € 1,540,115 | ▲ 67% |
Key figures of KO'BALT, 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 KO'BALT?
What happened at KO'BALT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,339 (▼ 36% vs 2024). filed late Source: NBB ↗
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,976 profit in 2022 to € 56,339 profit in 2025.
Paid € 132,978 in corporate taxes since 2022.
Best year ever: 2024, with € 87,458 profit.
Paid out € 140,789 in dividends to the owners in total.
Management
Behind KO'BALT are BARENT BULCKE and SIGRID CUSTERS. BARENT BULCKE is also behind BBSC - ARCHITECTS and Macassar.
Directors
According to the 2025 annual accounts
SIGRID CUSTERS
Director
Establishments
Establishment units
Physical locations of this company
Vriesedonklei 19
2930 Brasschaat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.927.719
- VAT number
- BE 0476.927.719
- Registered office
- Vriesedonklei 19, 2930 Brasschaat
- Names & denominations
- KO'BALT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2002
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
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