Financials
Financial year 2025
KS RESEARCH from Herve, company number BE0477758751, closed financial year 2025 with a result of € 0 after tax. For that financial year KS RESEARCH recorded a gross margin of € 10,117 and equity of € 163,068. Compared with financial year 2024, the result moved from € 0 to € 0. Around break-even. 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 June 12, 2026.
€ 163,068
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
Profit after tax over the fiscal year.
€ 5,827
▼ 25% 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 € 100,568.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,020
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,494
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 | € 33,261 | € 30,937 | € 21,029 | € 10,117 | ▼ 52% |
| Equity | € 163,068 | € 163,068 | € 163,068 | € 163,068 | |
| Total debts | € 1,436 | € 1,741 | € 999 | € 6,514 | ▲ € 5,515 |
| Cash | € 9,421 | € 1,931 | € 7,792 | € 5,827 | ▼ 25% |
| Retained profit | € 100,568 | € 100,568 | € 100,568 | € 100,568 | |
| Balance sheet total | € 164,504 | € 164,808 | € 164,066 | € 169,581 | ▲ 3% |
Key figures of KS RESEARCH, 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 KS RESEARCH?
What happened at KS RESEARCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Matthew Clayton Such stepped down as director. NBB
- Jean-Marc Eloy stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 0. Source: NBB ↗
- Douglas Kristensen stepped down as director. NBB
- Jean-Marc Eloy became a director. NBB
- Douglas Kristensen became a director. NBB
- Matthew Clayton Such became a director. NBB
- New establishment in Herve. KBO
In short
From € 0 profit in 2022 to € 0 profit in 2025.
Management
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Matthew Clayton Such
Director
since 2014 · until 2031
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Cour Lemaire 16
4651 Herve
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
- 0477.758.751
- VAT number
- BE 0477.758.751
- Registered office
- Cour Lemaire 16, 4651 Herve
- Names & denominations
- KS RESEARCH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 2002
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
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Speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
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