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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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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
Kainos Belgium from Wommelgem, company number BE0685446837, closed financial year 2025 with a result of € 431,758 after tax. For that financial year Kainos Belgium recorded a gross margin of € 2.1 million and equity of € 688,240. Compared with financial year 2024, the result moved from € 158,436 to € 431,758. Profitable, and profit is growing. 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 November 13, 2025.
€ 688,240
▲ 168% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 431,758
▲ 173% vs 2024
Profit after tax over the fiscal year.
€ 543,180
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 675,840.
People and assets in 2025
8.5
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 17% vs 2024
€ 168,600 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.
€ 197
▼ 62% vs 2024
Of which on lease € 197.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 27,128
▲ € 20,960 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 376,229
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 726,387 | € 1,504,701 | € 1,978,017 | € 2,055,169 | ▲ 4% |
| Profit after taxes | € -161,727 | € 230,637 | € 158,436 | € 431,758 | ▲ 173% |
| Equity | € -132,591 | € 98,047 | € 256,482 | € 688,240 | ▲ 168% |
| Total debts | € 964,193 | € 381,306 | € 575,944 | € 404,598 | ▼ 30% |
| Cash | € 0 | - | - | € 543,180 | |
| Retained profit | € -144,991 | € 85,647 | € 244,082 | € 675,840 | ▲ 177% |
| Balance sheet total | € 831,602 | € 479,353 | € 832,427 | € 1,092,839 | ▲ 31% |
| Employees (FTE) | 8.3 | 8.3 | 8.2 | 8.5 | ▲ 0.3 |
Key figures of Kainos Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Kainos Belgium?
What happened at Kainos Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 431,758 (▲ 173% vs 2024). filed late Source: NBB ↗
- Malachy James Smith became a director. NBB
- Rainer Ralf Maier became a director. NBB
- Richard Henry McCann became a director. NBB
- New establishment in Wommelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 161,727 loss in 2022 to € 431,758 profit in 2025.
Paid € 281,860 in corporate taxes since 2022.
Best year ever: 2025, with € 431,758 profit.
On average € 241,800 of value added per employee in 2025.
Management
Behind Kainos Belgium are Malachy James Smith, Rainer Ralf Maier and Richard Henry McCann. The shares are held by Kainos WorkSmart Oy (100%).
Directors
According to the 2025 annual accounts
Malachy James Smith
Director
since 2021
Rainer Ralf Maier
Director
since 2021
Richard Henry McCann
Director
since 2021
Shareholders
Kainos WorkSmart Oy
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 70
2160 Wommelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0685.446.837
- VAT number
- BE 0685.446.837
- Registered office
- Nijverheidsstraat 70, 2160 Wommelgem
- Names & denominations
- Kainos Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2017
- Peppol
- Active · Active since 27 Mar 2026
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