Financials
Financial year 2025
KINE DS from Wuustwezel, company number BE0702849825, closed financial year 2025 with a result of € 1,000 after tax. For that financial year KINE DS recorded a gross margin of € 22,807 and equity of € 2,000. Compared with financial year 2024, the result moved from € 1,000 to € 1,000. 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 23, 2026.
€ 2,000
▲ 100% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,000
Profit after tax over the fiscal year.
€ 60,290
▼ 21% 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 € 2,000.
People and assets in 2025
€ 1,133
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 156,960
▼ 10% vs 2024
€ 10,865 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 11,476
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 26,096 | € 26,619 | € 26,601 | € 22,807 | ▼ 14% |
| Profit after taxes | € 1,000 | € 1,000 | € 1,000 | € 1,000 | |
| Equity | € 21,600 | € 22,600 | € 1,000 | € 2,000 | ▲ 100% |
| Total debts | € 242,022 | € 249,664 | € 258,876 | € 226,534 | ▼ 12% |
| Cash | € 43,966 | € 71,409 | € 75,872 | € 60,290 | ▼ 21% |
| Land & buildings | € 206,886 | € 191,985 | € 177,083 | € 162,592 | ▼ 8% |
| Retained profit | € 3,000 | € 4,000 | € 1,000 | € 2,000 | ▲ 100% |
| Dividend | € 0 | € 0 | € 4,000 | € 0 | ▼ 100% |
| Bank debt | € 211,337 | € 193,282 | € 174,935 | € 156,960 | ▼ 10% |
| Balance sheet total | € 263,622 | € 272,264 | € 259,876 | € 228,534 | ▼ 12% |
Key figures of KINE DS, 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 KINE DS?
What happened at KINE DS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,000. Source: NBB ↗
- New establishment in Wuustwezel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,000 profit in 2022 to € 1,000 profit in 2025.
Best year ever: 2022, with € 1,000 profit.
Paid out € 4,000 in dividends to the owners in total.
Management
Behind KINE DS are Dieter Van Meel and Sam Mertens. Dieter Van Meel is also behind DIETER VAN MEEL and IMPAKT ESSEN. Sam Mertens is also behind MERTENS DECKERS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 34C
2990 Wuustwezel
Dorpsstraat 34 box C
2990 Wuustwezel
Active since 5 September 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0702.849.825
- VAT number
- BE 0702.849.825
- Registered office
- Dorpsstraat 34C, 2990 Wuustwezel
- Names & denominations
- KINE DS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 2018
- Peppol
- Active · Active since 20 Dec 2024