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 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KOGE from Gent, company number BE0697709617, closed financial year 2025 with a result of € 80,141 after tax. For that financial year KOGE recorded a gross margin of € 120,199 and equity of € 176,425. Compared with financial year 2024, the result moved from € 26,011 to € 80,141. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 176,425
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 80,141
▲ 208% vs 2024
Profit after tax over the fiscal year.
€ 17,329
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
62 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 7,627
▲ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 548,090
▲ 34% vs 2024
€ 75,985 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 3,682
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,431
▲ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 96,744 | € 33,600 | € 54,335 | € 120,199 | ▲ 121% |
| Profit after taxes | € 56,420 | € 6,927 | € 26,011 | € 80,141 | ▲ 208% |
| Equity | € 134,114 | € 141,041 | € 146,284 | € 176,425 | ▲ 21% |
| Total debts | € 232,570 | € 212,791 | € 461,465 | € 625,010 | ▲ 35% |
| Cash | € 47,861 | € 50,625 | € 59,440 | € 17,329 | ▼ 71% |
| Land & buildings | € 275,916 | € 267,074 | € 267,291 | € 258,172 | ▼ 3% |
| Retained profit | € 115,514 | € 122,441 | € 127,684 | € 157,825 | ▲ 24% |
| Dividend | € 30,000 | € 0 | € 20,768 | € 50,000 | ▲ 141% |
| Bank debt | € 188,294 | € 174,724 | € 409,171 | € 548,090 | ▲ 34% |
| Balance sheet total | € 366,684 | € 353,832 | € 607,749 | € 801,435 | ▲ 32% |
Key figures of KOGE, 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 KOGE?
What happened at KOGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 80,141 (▲ 208% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 56,420 profit in 2022 to € 80,141 profit in 2025.
Paid € 55,587 in corporate taxes since 2022.
Best year ever: 2025, with € 80,141 profit.
Paid out € 100,768 in dividends to the owners in total.
Management
Behind KOGE is Korneel Germonpré.
Directors
According to the 2025 annual accounts
Korneel Germonpré
Bestuurder
Establishments
Establishment units
Physical locations of this company
Sint-Dorotheastraat 42
9040 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0697.709.617
- VAT number
- BE 0697.709.617
- Registered office
- Sint-Dorotheastraat 42, 9040 Gent
- Names & denominations
- KOGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 2018
- Peppol
- Active · Active since 31 Oct 2023
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