Financials
Financial year 2025
KM PAINTING from Brugge, company number BE0783722287, closed financial year 2025 with a result of € 108,445 after tax. For that financial year KM PAINTING recorded a gross margin of € 296,316 and equity of € 223,018. Compared with financial year 2024, the result moved from € 67,659 to € 108,445. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 223,018
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 108,445
▲ 60% vs 2024
Profit after tax over the fiscal year.
€ 114,177
▲ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
92 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 112,301
▲ 95% 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.
€ 72,433
▲ 139% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 109,483
▼ 6% vs 2024
€ 21,734 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4,164
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 536
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 | € 94,014 | € 222,723 | € 173,487 | € 296,316 | ▲ 71% |
| Profit after taxes | € 51,115 | € 83,299 | € 67,659 | € 108,445 | ▲ 60% |
| Equity | € 63,615 | € 146,914 | € 214,573 | € 223,018 | ▲ 4% |
| Total debts | € 75,018 | € 174,738 | € 142,158 | € 234,807 | ▲ 65% |
| Cash | € 35,876 | € 75,913 | € 87,549 | € 114,177 | ▲ 30% |
| Land & buildings | - | € 129,955 | € 124,986 | € 121,398 | ▼ 3% |
| Retained profit | € 51,115 | € 134,414 | € 202,073 | € 210,518 | ▲ 4% |
| Dividend | € 0 | € 0 | € 0 | € 100,000 | |
| Bank debt | € 14,142 | € 114,561 | € 115,919 | € 109,483 | ▼ 6% |
| Balance sheet total | € 138,633 | € 321,652 | € 356,731 | € 457,825 | ▲ 28% |
Key figures of KM PAINTING, 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 KM PAINTING?
What happened at KM PAINTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 108,445 (▲ 60% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,115 profit in 2022 to € 108,445 profit in 2025.
Paid € 81,558 in corporate taxes since 2022.
Best year ever: 2025, with € 108,445 profit.
Paid out € 100,000 in dividends to the owners in total.
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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 KM PAINTING is Kjell Masschelein.
Directors
According to the 2025 annual accounts
Kjell Masschelein
Director
Establishments
Establishment units
Physical locations of this company
Heidelbergstraat 261
8200 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0783.722.287
- VAT number
- BE 0783.722.287
- Registered office
- Heidelbergstraat 261, 8200 Brugge
- Names & denominations
- KM PAINTING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2022
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
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