Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
KBO-Advocaten from Genk, company number BE0770818418, closed financial year 2023 with a result of € -15,697 after tax. For that financial year KBO-Advocaten recorded a gross margin of € -11,235 and equity of € 14,451. Compared with financial year 2022, the result moved from € -4,262 to € -15,697. The company made a loss. The buffer shrank hard: equity is 52 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 9, 2024.
€ 14,451
▼ 52% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,697
▼ 268 % more loss than in 2022
Profit after tax over the fiscal year.
€ 37,026
▼ 20% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4,451.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2023
€ 307,333
▲ € 292,692 vs 2022
Loans from banks and other lenders, long and short.
€ 12,436
▲ 276% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 139
▼ 98% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 35,657 | € 9,684 | € -11,235 | ▼ € 20,919 |
| Profit after taxes | € 24,410 | € -4,262 | € -15,697 | ▼ € 11,434 |
| Equity | € 34,410 | € 30,148 | € 14,451 | ▼ 52% |
| Total debts | € 18,506 | € 25,007 | € 320,495 | ▲ € 295,488 |
| Cash | € 22,075 | € 46,502 | € 37,026 | ▼ 20% |
| Land & buildings | - | - | € 243,215 | |
| Retained profit | € 24,410 | € 20,148 | € 4,451 | ▼ 78% |
| Bank debt | € 0 | € 14,640 | € 307,333 | ▲ € 292,692 |
| Balance sheet total | € 52,916 | € 55,155 | € 334,946 | ▲ € 279,791 |
Key figures of KBO-Advocaten, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to KBO-Advocaten?
What happened at KBO-Advocaten in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 15,697. filed late Source: NBB ↗
- New establishment in Genk. KBO
- Kristof Patrick Bormans became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 24,410 profit in 2021 to € 15,697 loss in 2023.
Paid € 6,354 in corporate taxes since 2021.
Best year ever: 2021, with € 24,410 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 KBO-Advocaten is Kristof Patrick Bormans.
Directors
According to the 2023 annual accounts
Kristof Patrick Bormans
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Europalaan 122
3600 Genk
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.
Details
- Company number
- 0770.818.418
- VAT number
- BE 0770.818.418
- Registered office
- Europalaan 122, 3600 Genk
- Names & denominations
- KBO-Advocaten
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2021
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
Activiteiten van advocaten