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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KITCHEN RETAIL DESIGN from Waterloo, company number BE0727641540, closed financial year 2025 with a result of € 39,123 after tax. For that financial year KITCHEN RETAIL DESIGN recorded a gross margin of € 293,521 and equity of € -202,005. Compared with financial year 2024, the result moved from € -86,100 to € 39,123. Profitable, and profit is growing. 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 June 16, 2026.
€ -202,005
▲ € 39,123 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,123
▲ still € 86,100 loss in 2024
Profit after tax over the fiscal year.
€ 32,220
▲ 215% 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 € -302,005.
People and assets in 2025
3.9
Average over the fiscal year, from the social balance sheet.
€ 288,231
▲ 6% vs 2024
€ 73,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,717
▲ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 56,128
▼ 46% vs 2024
Loans from banks and other lenders, long and short.
€ 98,749
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,067
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 348,903 | € 328,609 | € 254,004 | € 293,521 | ▲ 16% |
| Profit after taxes | € 18,548 | € -13,786 | € -86,100 | € 39,123 | ▲ € 125,222 |
| Equity | € -141,242 | € -155,029 | € -241,128 | € -202,005 | ▲ € 39,123 |
| Total debts | € 750,562 | € 618,962 | € 568,503 | € 546,371 | ▼ 4% |
| Cash | € 15,088 | € 64,153 | € 10,216 | € 32,220 | ▲ 215% |
| Retained profit | € -241,242 | € -255,029 | € -341,128 | € -302,005 | ▲ € 39,123 |
| Bank debt | € 215,877 | € 190,058 | € 103,946 | € 56,128 | ▼ 46% |
| Balance sheet total | € 609,320 | € 463,933 | € 327,375 | € 344,365 | ▲ 5% |
| Employees (FTE) | 3.9 | 3.8 | 3.9 | 3.9 |
Key figures of KITCHEN RETAIL DESIGN, 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 KITCHEN RETAIL DESIGN?
What happened at KITCHEN RETAIL DESIGN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,123. Source: NBB ↗
- IZS became a director. NBB
- VL PARQUETS became a director. NBB
- NOIDUE INVEST became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,548 profit in 2022 to € 39,123 profit in 2025.
Paid € 3,180 in corporate taxes since 2022.
Best year ever: 2025, with € 39,123 profit.
On average € 75,300 of value added per employee in 2025.
Management
Behind KITCHEN RETAIL DESIGN are IZS, VL PARQUETS and NOIDUE INVEST. The same people are also behind NOIDUE ZAVENTEM. IZS is also behind DE BEVERE PARTNERS & CO. VL PARQUETS is also behind DE BEVERE PARTNERS & CO.
Directors
According to the 2025 annual accounts
Director · represented by SALVATORE ZAGARELLA
Also active at: DE BEVERE PARTNERS & CO, NOIDUE ZAVENTEM
since 2026
Director · represented by LUIGI VELLA
Also active at: DE BEVERE PARTNERS & CO, NOIDUE ZAVENTEM
since 2026
since 2026
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 720
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0727.641.540
- VAT number
- BE 0727.641.540
- Registered office
- Chaussée de Bruxelles 720, 1410 Waterloo
- Names & denominations
- KITCHEN RETAIL DESIGN · KRD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 2019
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- [email protected] 0483415030
- Activities · NACE
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Schrijnwerk
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