What is the address of Kwaito?

The registered office of Kwaito is located at Groot Begijnhof 10, 9040 Gent.

Is Kwaito still active?

Yes. According to the CBE (29 October 2026) Kwaito is active, legal situation “Normale toestand”, started on 2 October 2018.

Is Kwaito registered on Peppol?

Yes, Kwaito is registered on the Peppol network with ID 0208:0707668349.

What is the enterprise number of Kwaito?

The enterprise number of Kwaito is BE0707668349.

When was Kwaito founded?

Kwaito was founded on 2 October 2018.

Who are the directors of Kwaito?

According to the 2025 annual accounts, the directors of Kwaito are: PEGODE, DE LOVIE, ZONNELIED, UBUNTU ACHTKANTER, ZONNEHOEVE / LIVING+, HEJMEN, OOSTREM, RAAKZAAM.

Is Kwaito a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 October 2018; 5 annual accounts filed, latest fiscal year 2025; 10 directors known from the annual account.

How much profit did Kwaito make in 2025?

Kwaito posted a profit after taxes of € 2,237 in financial year 2025.

What is the revenue of Kwaito?

As a small company, Kwaito is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 115,288.

How much does an employee at Kwaito earn?

The average wage cost per full-time employee at Kwaito was € 71,100 in 2023: staff costs of € 71,126 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

Kwaito (Cooperative) - Gent - BE0707668349

Q: What does Kwaito do?

Kwaito is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Cooperative, started on 2 October 2018, 1 establishment.

Dossier Kwaito, printed on 29 October 2026 from databakkes.be/en/0707668349/kwaito. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Kwaito from Gent, company number BE0707668349, closed financial year 2025 with a result of € 2,237 after tax. For that financial year Kwaito recorded a gross margin of € 115,288 and equity of € 34,087. Compared with financial year 2024, the result moved from € 10,190 to € 2,237. The company is profitable. 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 12, 2026.

What it is worth Growing

€ 34,087

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 2,237

▼ 78% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 29,593

▼ 10% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -3,513.

People and assets in 2025

Wage cost

€ 114,595

▲ 5% 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 11,164

▲ 106% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 31,402

▲ 4% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 48,859 Gross margin 2022: € 48,859 First fiscal year in the series	€ 83,139 Gross margin 2023: € 83,139 ▲ 70% vs 2022 (€ 48,859) Favourable step	€ 115,143 Gross margin 2024: € 115,143 ▲ 38% vs 2023 (€ 83,139) Favourable step	€ 115,288 Gross margin 2025: € 115,288 Unchanged (€ 115,143) Favourable step
Profit after taxes	€ 10,009 Profit after taxes 2022: € 10,009 First fiscal year in the series	€ -2,559 Profit after taxes 2023: € -2,559 ▼ € 12,568 vs 2022 (€ 10,009) Unfavourable step	€ 10,190 Profit after taxes 2024: € 10,190 ▲ € 12,748 vs 2023 (€ -2,559) Favourable step	€ 2,237 Profit after taxes 2025: € 2,237 ▼ 78% vs 2024 (€ 10,190) Unfavourable step	▼ 78%
Equity	€ 30,619 Equity 2022: € 30,619 First fiscal year in the series	€ 21,660 Equity 2023: € 21,660 ▼ 29% vs 2022 (€ 30,619) Unfavourable step	€ 31,850 Equity 2024: € 31,850 ▲ 47% vs 2023 (€ 21,660) Favourable step	€ 34,087 Equity 2025: € 34,087 ▲ 7% vs 2024 (€ 31,850) Favourable step	▲ 7%
Total debts	€ 457,825 Total debts 2022: € 457,825 First fiscal year in the series	€ 455,994 Total debts 2023: € 455,994 Unchanged (€ 457,825) Favourable step	€ 447,701 Total debts 2024: € 447,701 ▼ 2% vs 2023 (€ 455,994) Favourable step	€ 433,699 Total debts 2025: € 433,699 ▼ 3% vs 2024 (€ 447,701) Favourable step	▼ 3%
Cash	€ 452,343 Cash 2022: € 452,343 First fiscal year in the series	€ 411,509 Cash 2023: € 411,509 ▼ 9% vs 2022 (€ 452,343) Unfavourable step	€ 32,706 Cash 2024: € 32,706 ▼ 92% vs 2023 (€ 411,509) Unfavourable step	€ 29,593 Cash 2025: € 29,593 ▼ 10% vs 2024 (€ 32,706) Unfavourable step	▼ 10%
Retained profit	€ -13,381 Retained profit 2022: € -13,381 First fiscal year in the series	€ -15,940 Retained profit 2023: € -15,940 ▼ € 2,559 vs 2022 (€ -13,381) Unfavourable step	€ -5,750 Retained profit 2024: € -5,750 ▲ € 10,190 vs 2023 (€ -15,940) Favourable step	€ -3,513 Retained profit 2025: € -3,513 ▲ € 2,237 vs 2024 (€ -5,750) Favourable step	▲ € 2,237
Balance sheet total	€ 488,444 Balance sheet total 2022: € 488,444 First fiscal year in the series	€ 477,654 Balance sheet total 2023: € 477,654 ▼ 2% vs 2022 (€ 488,444) Unchanged	€ 479,550 Balance sheet total 2024: € 479,550 Unchanged (€ 477,654) Unchanged	€ 467,786 Balance sheet total 2025: € 467,786 ▼ 2% vs 2024 (€ 479,550) Unchanged	▼ 2%
Employees (FTE)	-	1 Employees (FTE) 2023: 1 First fiscal year in the series	-	-

Key figures of Kwaito, 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 Kwaito?

What happened at Kwaito in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 12, 2026 New annual accounts for financial year 2025: profit of € 2,237 (▼ 78% vs 2024). Source: NBB ↗
2025 OOSTREM became a director. NBB
2024 ZONNELIED became a director. NBB
Oct 2, 2018 New establishment in Gent. KBO
2018 PEGODE became a director. NBB
2018 DE LOVIE became a director. NBB
2018 UBUNTU ACHTKANTER became a director. NBB
2018 ZONNEHOEVE / LIVING+ became a director. NBB

In short

From € 10,009 profit in 2022 to € 2,237 profit in 2025.

Paid € 2,977 in corporate taxes since 2022.

Best year ever: 2024, with € 10,190 profit.

On average € 83,100 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Zonnehoeve / Living+ 24.2%

VOLUIT 10%

The stake of Zonnehoeve / Living+, VOLUIT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Kwaito

Behind Kwaito are PEGODE, DE LOVIE, ZONNELIED, UBUNTU ACHTKANTER, ZONNEHOEVE / LIVING+ and HEJMEN. The shares are held by Zonnehoeve / Living+ (24.2%) and VOLUIT (10%).