Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
KOFship from Wevelgem, company number BE0735855064, closed financial year 2025 with a result of € 5,207 after tax. For that financial year KOFship recorded a gross margin of € 12,141 and equity of € -13,781. Compared with financial year 2024, the result moved from € 5,095 to € 5,207. 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 August 25, 2026.
€ -13,781
▲ € 5,207 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,207
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 486
▼ 84% 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 € -19,781.
People and assets in 2025
€ 3,120
▲ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 28,230
Loans from banks and other lenders, long and short.
€ 2,932
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 773
▼ 63% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 703 | € 4,542 | € 12,947 | € 12,141 | ▼ 6% |
| Profit after taxes | € -5,258 | € -3,339 | € 5,095 | € 5,207 | ▲ 2% |
| Equity | € -20,744 | € -24,082 | € -18,988 | € -13,781 | ▲ € 5,207 |
| Total debts | € 44,564 | € 40,650 | € 39,670 | € 33,629 | ▼ 15% |
| Cash | € 639 | € 739 | € 3,090 | € 486 | ▼ 84% |
| Retained profit | € -26,744 | € -30,082 | € -24,988 | € -19,781 | ▲ € 5,207 |
| Bank debt | € 26,000 | € 27,092 | € 28,230 | € 28,230 | |
| Balance sheet total | € 23,820 | € 16,568 | € 20,682 | € 19,848 | ▼ 4% |
Key figures of KOFship, 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 KOFship?
What happened at KOFship in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,207 (▲ 2% vs 2024). filed late Source: NBB ↗
- New establishment in Wevelgem. KBO
- Francis Demuynck became a director. NBB
- Hildegard Debrabandere became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,258 loss in 2022 to € 5,207 profit in 2025.
Best year ever: 2025, with € 5,207 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind KOFship are Francis Demuynck and Hildegard Debrabandere. Francis Demuynck is also behind Freelance Finance.
Directors
According to the 2025 annual accounts
since 2019
Hildegard Debrabandere
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Schuttershoflaan 32
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0735.855.064
- VAT number
- BE 0735.855.064
- Registered office
- Schuttershoflaan 32, 8560 Wevelgem
- Names & denominations
- KOFship
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 2019
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- kofonds.be
- Activities · NACE
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