What does Kongsberg Precision Cutting Systems Belgium do?

Kongsberg Precision Cutting Systems Belgium is an IT company in Gent. Private Limited, started on 14 December 2020, 1 establishment.

What is the address of Kongsberg Precision Cutting Systems Belgium?

The registered office of Kongsberg Precision Cutting Systems Belgium is located at Kortrijksesteenweg 1087, 9051 Gent.

Is Kongsberg Precision Cutting Systems Belgium still active?

Yes. According to the CBE (2 November 2026) Kongsberg Precision Cutting Systems Belgium is active, legal situation “Normale toestand”, started on 14 December 2020.

Is Kongsberg Precision Cutting Systems Belgium registered on Peppol?

Yes, Kongsberg Precision Cutting Systems Belgium is registered on the Peppol network with ID 0208:0759743392.

What is the enterprise number of Kongsberg Precision Cutting Systems Belgium?

The enterprise number of Kongsberg Precision Cutting Systems Belgium is BE0759743392.

Who are the directors of Kongsberg Precision Cutting Systems Belgium?

According to the 2025 annual accounts, the directors of Kongsberg Precision Cutting Systems Belgium are: Vladislav Iourtchenko, Stuart Fox.

Is Kongsberg Precision Cutting Systems Belgium a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 December 2020; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 events from the Belgian Official Gazette processed.

How much profit did Kongsberg Precision Cutting Systems Belgium make in 2025?

Kongsberg Precision Cutting Systems Belgium posted a profit after taxes of € 392,805 in financial year 2025.

What is the revenue of Kongsberg Precision Cutting Systems Belgium?

In its most recent annual accounts (2025), Kongsberg Precision Cutting Systems Belgium reported revenue of € 47,045,239.

How much does an employee at Kongsberg Precision Cutting Systems Belgium earn?

The average wage cost per full-time employee at Kongsberg Precision Cutting Systems Belgium was € 161,200 in 2025: staff costs of € 8.3 million for 51.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Kongsberg Precision Cutting Systems Belgium have?

According to the 2025 annual accounts, Kongsberg Precision Cutting Systems Belgium has 51.7 full-time equivalents (FTE).

Does Kongsberg Precision Cutting Systems Belgium have a website?

Yes, Kongsberg Precision Cutting Systems Belgium has a website at kongsbergsystems.com.

Kongsberg Precision Cutting Systems Belgium (Private Limited)

Q: When was Kongsberg Precision Cutting Systems Belgium founded?

Kongsberg Precision Cutting Systems Belgium was founded on 14 December 2020.

Dossier Kongsberg Precision Cutting Systems Belgium, printed on 2 November 2026 from databakkes.be/en/0759743392/kongsberg-precision-cutting-systems-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 58.8 to 51.7.

Financials

Financial year 2025

Kongsberg Precision Cutting Systems Belgium from Gent, company number BE0759743392, closed financial year 2025 with a result of € 392,805 after tax. For that financial year Kongsberg Precision Cutting Systems Belgium recorded revenue of € 47 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -47.4 million to € 392,805. 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 July 2, 2026.

What it is worth Growing

€ 1.2 million

▲ € 42.4 million vs 2024

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

Profit Growing

€ 392,805

▲ still € 47.4 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 6 million

▼ 37% 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 € -54.7 million.

People and assets in 2025

Full-time equivalents

51.7

▼ 4.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 20.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 8.3 million

▼ 1% vs 2024

€ 161,200 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.

Vehicles and equipment

€ 126,617

▼ 25% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 50.2 million

▼ 48% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 20.2 million

▲ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 161 days on average.

Taxes and wages

€ 1.8 million

▲ 29% 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
Revenue	€ 42,453,286 Revenue 2022: € 42,453,286 First fiscal year in the series	€ 38,057,988 Revenue 2023: € 38,057,988 ▼ 10% vs 2022 (€ 42,453,286) Unfavourable step	€ 36,852,493 Revenue 2024: € 36,852,493 ▼ 3% vs 2023 (€ 38,057,988) Unfavourable step	€ 47,045,239 Revenue 2025: € 47,045,239 ▲ 28% vs 2024 (€ 36,852,493) Favourable step	▲ 28%
Profit after taxes	€ -7,200,522 Profit after taxes 2022: € -7,200,522 First fiscal year in the series	€ -3,297,282 Profit after taxes 2023: € -3,297,282 ▲ € 3.9 million vs 2022 (€ -7,200,522) Favourable step	€ -47,426,612 Profit after taxes 2024: € -47,426,612 ▼ € 44.1 million vs 2023 (€ -3,297,282) Unfavourable step	€ 392,805 Profit after taxes 2025: € 392,805 ▲ € 47.8 million vs 2024 (€ -47,426,612) Favourable step	▲ € 47.8 million
Equity	€ 9,516,765 Equity 2022: € 9,516,765 First fiscal year in the series	€ 6,219,482 Equity 2023: € 6,219,482 ▼ 35% vs 2022 (€ 9,516,765) Unfavourable step	€ -41,207,130 Equity 2024: € -41,207,130 ▼ € 47.4 million vs 2023 (€ 6,219,482) Unfavourable step	€ 1,185,675 Equity 2025: € 1,185,675 ▲ € 42.4 million vs 2024 (€ -41,207,130) Favourable step	▲ € 42.4 million
Total debts	€ 119,509,468 Total debts 2022: € 119,509,468 First fiscal year in the series	€ 109,227,235 Total debts 2023: € 109,227,235 ▼ 9% vs 2022 (€ 119,509,468) Favourable step	€ 118,375,753 Total debts 2024: € 118,375,753 ▲ 8% vs 2023 (€ 109,227,235) Unfavourable step	€ 75,577,088 Total debts 2025: € 75,577,088 ▼ 36% vs 2024 (€ 118,375,753) Favourable step	▼ 36%
Cash	€ 5,322,282 Cash 2022: € 5,322,282 First fiscal year in the series	€ 8,210,007 Cash 2023: € 8,210,007 ▲ 54% vs 2022 (€ 5,322,282) Favourable step	€ 9,405,568 Cash 2024: € 9,405,568 ▲ 15% vs 2023 (€ 8,210,007) Favourable step	€ 5,961,427 Cash 2025: € 5,961,427 ▼ 37% vs 2024 (€ 9,405,568) Unfavourable step	▼ 37%
Retained profit	€ -4,365,897 Retained profit 2022: € -4,365,897 First fiscal year in the series	€ -7,663,179 Retained profit 2023: € -7,663,179 ▼ € 3.3 million vs 2022 (€ -4,365,897) Unfavourable step	€ -55,089,791 Retained profit 2024: € -55,089,791 ▼ € 47.4 million vs 2023 (€ -7,663,179) Unfavourable step	€ -54,696,986 Retained profit 2025: € -54,696,986 ▲ € 392,805 vs 2024 (€ -55,089,791) Favourable step	▲ € 392,805
Bank debt	€ 93,894,473 Bank debt 2022: € 93,894,473 First fiscal year in the series	€ 92,309,423 Bank debt 2023: € 92,309,423 ▼ 2% vs 2022 (€ 93,894,473) Favourable step	€ 97,149,979 Bank debt 2024: € 97,149,979 ▲ 5% vs 2023 (€ 92,309,423) Unfavourable step	€ 50,201,998 Bank debt 2025: € 50,201,998 ▼ 48% vs 2024 (€ 97,149,979) Favourable step	▼ 48%
Balance sheet total	€ 129,349,335 Balance sheet total 2022: € 129,349,335 First fiscal year in the series	€ 115,741,488 Balance sheet total 2023: € 115,741,488 ▼ 11% vs 2022 (€ 129,349,335) Unchanged	€ 77,371,772 Balance sheet total 2024: € 77,371,772 ▼ 33% vs 2023 (€ 115,741,488) Unchanged	€ 77,024,249 Balance sheet total 2025: € 77,024,249 Unchanged (€ 77,371,772) Unchanged
Employees (FTE)	55.2 Employees (FTE) 2022: 55.2 First fiscal year in the series	58.8 Employees (FTE) 2023: 58.8 ▲ 3.6 vs 2022 (55.2) Unchanged	56.2 Employees (FTE) 2024: 56.2 ▼ 2.6 vs 2023 (58.8) Unchanged	51.7 Employees (FTE) 2025: 51.7 ▼ 4.5 vs 2024 (56.2) Unchanged	▼ 4.5

Key figures of Kongsberg Precision Cutting Systems Belgium, 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 Kongsberg Precision Cutting Systems Belgium?

What happened at Kongsberg Precision Cutting Systems Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 2, 2026 New annual accounts for financial year 2025: profit of € 392,805. Source: NBB ↗
Jun 5, 2025 Capital increase of € 12 million, published in the Gazette. Source: Staatsblad ↗
2021 Vladislav Iourtchenko became a director. NBB
2021 Stuart Fox became a director. NBB
Dec 16, 2020 Incorporation, published in the Gazette. Source: Staatsblad ↗
Dec 14, 2020 New establishment in Gent. KBO

In short

From € 7.2 million loss in 2022 to € 392,805 profit in 2025.

Paid € 70,009 in corporate taxes since 2022.

Best year ever: 2025, with € 392,805 profit.

Pays suppliers within 161 days on average.

Original PDFs at the National Bank ↗

Management

Van Gogh Intermediate Holdings S.à.r.l. 100%

Kongsberg Precision Cutting Systems Belgium

Kongsberg Precision Cutting Systems France SAS 100%

Kongsberg Precision Cutting Systems India Private Limited 100%

Kongsberg Precision Cutting Systems US LLC 100%

Kongsberg Precision Cutting Systems Singapore Pte Ltd 100%

Behind Kongsberg Precision Cutting Systems Belgium are Vladislav Iourtchenko and Stuart Fox. The shares are held by Van Gogh Intermediate Holdings S.à.r.l. (100%). It owns 100% of Kongsberg Precision Cutting Systems France SAS, 100% of Kongsberg Precision Cutting Systems India Private Limited, 100% of Kongsberg Precision Cutting Systems US LLC, 100% of Kongsberg Precision Cutting Systems Singapore Pte Ltd, 100% of Kongsberg Precision Cutting Spain SL and 100% of Kongsberg Precision Cutting Systems AS itself.

Directors

According to the 2025 annual accounts

Vladislav Iourtchenko

Director

since 2021

Stuart Fox

Director

since 2021

Shareholders

Van Gogh Intermediate Holdings S.à.r.l.

100%

Participations

Kongsberg Precision Cutting Systems France SAS

100%

Kongsberg Precision Cutting Systems India Private Limited

100%

Kongsberg Precision Cutting Systems US LLC

100%

Kongsberg Precision Cutting Systems Singapore Pte Ltd

100%

Kongsberg Precision Cutting Spain SL

100%

Kongsberg Precision Cutting Systems AS

100%

MultiCam Inc

100%

Kongsberg Precision Cutting Systems UK Ltd

100%

Kongsberg Precision Cutting Systems sro

100%

Kongsberg Precision Cutting Systems Germany GmbH

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksesteenweg 1087

9051 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS kongsbergsystems.com

Canonical: https://www.kongsbergsystems.com/en/

About

Technologies

Advanced Custom FieldsGoogle Tag ManagerNext.jsReactSlickjQuery

Hosting & Email

Email provider

Microsoft 365

Hosting

REALDOLMEN-DC-AS, BE

Domain

kongsbergsystems.com

Registered

2020-09-15

Registrar

Domain.com - Network Solutions, LLC

Expires

2026-09-15

Website info

HTTPS Ja

Languages EN

Features

Webshop Blog Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

16 December 2020 Source: Deed ↗

TMF BELGIUM(oprichter) 100%

Details

Company number

0759.743.392

VAT number

BE 0759.743.392

Registered office

Kortrijksesteenweg 1087, 9051 Gent

Names & denominations

Kongsberg Precision Cutting Systems Belgium

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

14 December 2020

Peppol

Active · Active since 1 Jan 2001

Contact

kongsbergsystems.com [email protected] 09 396 69 67

Activities · NACE

Ontwerpen van computerprogramma’s

Groothandel in andere machines en werktuigen, neg

Ontwerpen en programmeren van computerprogramma's

Groothandel in andere machines en werktuigen, n.e.g.

Overige diensten op het gebied van informatietechnologie en computer

Installatie van industriële machines, toestellen en werktuigen

Groothandel in informatie- en communicatieapparatuur

Groothandel in computers, randapparatuur en software

View on CBE Public ↗ Annual accounts (NBB) ↗

Kongsberg Precision Cutting Systems Belgium

Warning lights

Financials

What happened to Kongsberg Precision Cutting Systems Belgium?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Shareholders according to the Official Gazette deeds

Details

Frequently asked questions