Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 43.6 to 3.7.
Financials
Financial year 2025
Kingspan Access Floors Europe from Oudsbergen, company number BE0681526948, closed financial year 2025 with a result of € -553,239 after tax. For that financial year Kingspan Access Floors Europe recorded revenue of € 1.8 million and equity of € 550,186. Compared with financial year 2024, the result moved from € -1.2 million to € -553,239. The company made a loss. The buffer shrank hard: equity is 50 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 550,186
▼ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -553,239
▲ 54 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.3 million.
People and assets in 2025
3.7
▼ 31.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 695,643
▼ 78% vs 2024
€ 188,000 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 155,774
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.
€ 81,205
▼ 78% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,767,199 | € 20,444,422 | € 20,647,053 | € 1,769,713 | ▼ 91% |
| Profit after taxes | € 100,591 | € -1,615,165 | € -1,207,192 | € -553,239 | ▲ € 653,953 |
| Equity | € 3,925,782 | € 2,310,617 | € 1,103,425 | € 550,186 | ▼ 50% |
| Total debts | € 2,515,846 | € 7,585,945 | € 910,147 | € 236,979 | ▼ 74% |
| Retained profit | € -915,468 | € -2,530,633 | € -3,737,825 | € -4,291,064 | ▼ € 553,239 |
| Bank debt | € 360,510 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 6,441,629 | € 11,119,292 | € 3,162,279 | € 890,632 | ▼ 72% |
| Employees (FTE) | 31.7 | 43.6 | 35.2 | 3.7 | ▼ 31.5 |
Key figures of Kingspan Access Floors Europe, 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 Kingspan Access Floors Europe?
What happened at Kingspan Access Floors Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Kenny stepped down as director. NBB
- Seamus Cussen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 553,239. Source: NBB ↗
- Paul Kenny became a director. NBB
- Seamus Cussen became a director. NBB
- New establishment in Oudsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 100,591 profit in 2022 to € 553,239 loss in 2025.
Paid € 7,849 in corporate taxes since 2022.
Best year ever: 2022, with € 100,591 profit.
Pays suppliers within 32 days on average.
A new publication or filing at Kingspan Access Floors Europe? 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 shares are held by Joris Ide NV (100%) and Kingspan Nominees LTD (0%).
Directors
According to the 2025 annual accounts
Paul Kenny
Director
since 2023 · until 2029
Seamus Cussen
Director
since 2023 · until 2029
Shareholders
100%
Kingspan Nominees LTD
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Fabriekstraat 4
3670 Oudsbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0681.526.948
- VAT number
- BE 0681.526.948
- Registered office
- Fabriekstraat 4, 3670 Oudsbergen
- Names & denominations
- Kingspan Access Floors Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 2017
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Vervaardiging van ander schrijn- en timmerwerk
Vervaardiging van vloerkleden en tapijt
Detailhandel in wand- en vloertegels
Vervaardiging van dakpannen, tegels en andere producten voor de bouw van gebakken klei
Groothandel in vloer- en wandtegels
Vervaardiging van kunststofartikelen voor de bouw
Vervaardiging van keramische tegels en plavuizen