Financials
Financial year 2025
KICK-IT from Izegem, company number BE0647773621, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year KICK-IT recorded a gross margin of € 1.8 million and equity of € 6.2 million. Compared with financial year 2024, the result moved from € 1.8 million to € 1.3 million. 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 September 30, 2026.
€ 6.2 million
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 235,587
▼ 79% 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 € 6.2 million.
People and assets in 2025
2.3
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 84,889
▲ € 73,547 vs 2024
€ 36,900 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.
€ 150,237
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 249,910
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,555
▼ 96% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,584,005 | € 1,953,285 | € 2,394,374 | € 1,828,454 | ▼ 24% |
| Profit after taxes | € 1,117,883 | € 1,467,671 | € 1,806,720 | € 1,275,713 | ▼ 29% |
| Equity | € 1,671,861 | € 3,139,532 | € 4,947,741 | € 6,223,454 | ▲ 26% |
| Total debts | € 1,339,899 | € 1,599,402 | € 703,242 | € 1,911,170 | ▲ 172% |
| Cash | € 87,798 | € 444,097 | € 1,148,127 | € 235,587 | ▼ 79% |
| Retained profit | € 1,668,882 | € 3,136,552 | € 4,943,272 | € 6,218,985 | ▲ 26% |
| Bank debt | € 130,400 | € 130,400 | € 0 | € 0 | |
| Balance sheet total | € 3,011,760 | € 4,738,933 | € 5,650,982 | € 8,134,624 | ▲ 44% |
| Employees (FTE) | 0.8 | 0.6 | 0.2 | 2.3 | ▲ 2.1 |
Key figures of KICK-IT, 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 KICK-IT?
What happened at KICK-IT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.3 million (▼ 29% vs 2024). filed late Source: NBB ↗
- Bert Defreyne stepped down as director. NBB
- Normec Belgium BV stepped down as director. NBB
- Bert Defreyne became a director. NBB
- BEAT IT became a director. NBB
- Normec Belgium BV became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 1.3 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.8 million profit.
On average € 795,000 of value added per employee in 2025.
Management
The stake of Normec Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KICK-ITBehind KICK-IT are BEAT IT and Britt Schuurs. The shares are held by Normec Belgium (69.9%). It owns 100% of Formaz itself.
Directors
According to the 2025 annual accounts
Britt Schuurs
Director
Director · represented by Wolff Robert
Also active at: Onafhankelijk Controle Bureel, Normec BTV, Normec Micro-Smedt, Normec ISEC, CTC-Invest, 2 BRIDGE, PhaRA Holding, FARMA CONSULTING & PARTNERS +3 more
since 2024 · until 2026
since 2025 · until 2026
Shareholders
69.9%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Kruisstraat 16
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0647.773.621
- VAT number
- BE 0647.773.621
- Registered office
- Kruisstraat 16, 8870 Izegem
- Names & denominations
- KICK-IT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2016
- Peppol
- Active · Active since 7 Apr 2026
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