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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
KITCH & ART from Nivelles, company number BE0704907116, closed financial year 2024 with a result of € 6,037 after tax. For that financial year KITCH & ART recorded a gross margin of € 30,870 and equity of € -13,119. Compared with financial year 2023, the result moved from € 24,511 to € 6,037. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ -13,119
▲ € 6,037 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,037
▼ 75% vs 2023
Profit after tax over the fiscal year.
€ 5,482
▼ 13% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -19,319.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,869
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 8,438
▼ 32% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 67,238
▲ 254% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 42,366
▲ 159% vs 2023
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 31,386 | € 30,870 | ▼ 2% |
| Profit after taxes | € 24,511 | € 6,037 | ▼ 75% |
| Equity | € -19,155 | € -13,119 | ▲ € 6,037 |
| Total debts | € 59,938 | € 118,288 | ▲ 97% |
| Cash | € 6,280 | € 5,482 | ▼ 13% |
| Retained profit | € -25,355 | € -19,319 | ▲ € 6,037 |
| Balance sheet total | € 40,782 | € 105,169 | ▲ 158% |
Key figures of KITCH & ART, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KITCH & ART?
What happened at KITCH & ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
KITCH & ART is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 6,037 (▼ 75% vs 2023). filed late Source: NBB ↗
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,511 profit in 2023 to € 6,037 profit in 2024.
Paid € 2,525 in corporate taxes since 2023.
Best year ever: 2023, with € 24,511 profit.
Management
Behind KITCH & ART is WILLIAM LEVEUGLE.
Directors
According to the 2024 annual accounts
WILLIAM LEVEUGLE
Director
Establishments
Establishment units
Physical locations of this company
Rue du Géant 2 box 8
1400 Nivelles
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0704.907.116
- VAT number
- BE 0704.907.116
- Registered office
- Rue du Géant 2 bus 8, 1400 Nivelles
- Names & denominations
- KITCH & ART · SPRL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 24 September 2018
- Peppol
- Not registered
- Activities · NACE
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