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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KDS Group from Avelgem, company number BE0686582034, closed financial year 2025 with a result of € 36,490 after tax. For that financial year KDS Group recorded a gross margin of € 202,435 and equity of € 64,329. Compared with financial year 2024, the result moved from € -31,485 to € 36,490. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 64,329
▲ 131% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,490
▲ still € 31,485 loss in 2024
Profit after tax over the fiscal year.
€ 20,592
▲ € 17,841 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 € 58,129.
People and assets in 2025
€ 77,255
▲ 14% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 113,935
▲ 96% vs 2024
Of which on lease € 17,450.
Debts at end 2025
€ 443,635
▼ 4% vs 2024
€ 59,069 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 30,328
▲ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,676
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,864 | € 220,631 | € 121,426 | € 202,435 | ▲ 67% |
| Profit after taxes | € 1,532 | € 35,990 | € -31,485 | € 36,490 | ▲ € 67,975 |
| Equity | € 23,334 | € 59,324 | € 27,839 | € 64,329 | ▲ 131% |
| Total debts | € 516,892 | € 631,832 | € 528,797 | € 530,340 | |
| Cash | € 4,988 | € 44,782 | € 2,751 | € 20,592 | ▲ € 17,841 |
| Land & buildings | € 320,769 | € 306,424 | € 292,080 | € 293,303 | |
| Retained profit | € 17,134 | € 53,124 | € 21,639 | € 58,129 | ▲ 169% |
| Bank debt | € 410,284 | € 413,846 | € 459,802 | € 443,635 | ▼ 4% |
| Balance sheet total | € 540,226 | € 691,156 | € 556,635 | € 594,669 | ▲ 7% |
Key figures of KDS Group, 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 KDS Group?
What happened at KDS Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,490. Source: NBB ↗
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
- Kevin Declercq became a director. NBB
In short
From € 1,532 profit in 2022 to € 36,490 profit in 2025.
Paid € 2,979 in corporate taxes since 2022.
Best year ever: 2025, with € 36,490 profit.
Management
Behind KDS Group is Kevin Declercq.
Directors
According to the 2025 annual accounts
Kevin Declercq
Manager
since 2017
Establishments
Establishment units
Physical locations of this company
Oudenaardsesteenweg 262
8581 Avelgem
Scheldekaai 3 box 5
8581 Avelgem
Active since 19 December 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0686.582.034
- VAT number
- BE 0686.582.034
- Registered office
- Oudenaardsesteenweg 262, 8581 Avelgem
- Names & denominations
- KDS Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2017
- Peppol
- Active · Active since 12 Dec 2025
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