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 25 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Knowledge Hub from Brugge, company number BE0642874032, closed financial year 2024 with a result of € 2,523 after tax. For that financial year Knowledge Hub recorded a gross margin of € 46,134 and equity of € 61,893. Compared with financial year 2023, the result moved from € 21,799 to € 2,523. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2025.
€ 61,893
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,523
▼ 88% vs 2023
Profit after tax over the fiscal year.
€ 396
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 45,693.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 32,949
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,288
▲ € 8,010 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 19,644
▼ 44% vs 2023
€ 8,108 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 42,635
▼ 52% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 42,952
▲ 173% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 36,910 | € 12,216 | € 39,439 | € 46,134 | ▲ 17% |
| Profit after taxes | € 25,388 | € 1,590 | € 21,799 | € 2,523 | ▼ 88% |
| Equity | € 37,647 | € 39,237 | € 59,370 | € 61,893 | ▲ 4% |
| Total debts | € 133,258 | € 158,237 | € 141,238 | € 109,059 | ▼ 23% |
| Cash | - | € 5 | € 0 | € 396 | |
| Retained profit | € 21,447 | € 23,037 | € 43,170 | € 45,693 | ▲ 6% |
| Dividend | € 0 | € 0 | € 1,666 | € 0 | ▼ 100% |
| Bank debt | € 95,380 | € 69,597 | € 34,995 | € 19,644 | ▼ 44% |
| Balance sheet total | € 170,905 | € 197,474 | € 200,608 | € 170,951 | ▼ 15% |
| Employees (FTE) | - | - | - | 0.8 |
Key figures of Knowledge Hub, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Knowledge Hub?
What happened at Knowledge Hub in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2,523 (▼ 88% vs 2023). filed late Source: NBB ↗
- New establishment in Maasmechelen. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,388 profit in 2021 to € 2,523 profit in 2024.
Paid € 26,666 in corporate taxes since 2021.
Best year ever: 2021, with € 25,388 profit.
Paid out € 1,666 in dividends to the owners in total.
Management
Behind Knowledge Hub is Marc Hallaert. It owns 96% of De Limburgse NV itself.
Directors
According to the 2024 annual accounts
Marc Hallaert
Director
Establishments
Establishment units
Physical locations of this company
Zagersweg 70
8000 Brugge
Rijksweg(L) 359
3630 Maasmechelen
Active since 1 June 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0642.874.032
- VAT number
- BE 0642.874.032
- Registered office
- Zagersweg 70, 8000 Brugge
- Names & denominations
- Knowledge Hub
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2015
- Peppol
- Active · Active since 21 Oct 2026
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