Financials
Financial year 2025
KIESAK from Gent, company number BE0788841909, closed financial year 2025 with a result of € 363 after tax. For that financial year KIESAK recorded a gross margin of € 4,801 and equity of € 5,410. Compared with financial year 2024, the result moved from € 13,321 to € 363. The company is profitable. The buffer shrank hard: equity is 92 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 18, 2026.
€ 5,410
▼ 92% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 363
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 15,258
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 60,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,505
▲ € 5,386 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,403
▼ 23% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,300 | € 44,073 | € 20,622 | € 4,801 | ▼ 77% |
| Profit after taxes | € 18,114 | € 31,646 | € 13,321 | € 363 | ▼ 97% |
| Equity | € 20,914 | € 51,727 | € 65,048 | € 5,410 | ▼ 92% |
| Total debts | € 24,478 | € 26,380 | € 36,620 | € 34,122 | ▼ 7% |
| Cash | € 17,823 | € 38,227 | € 74,524 | € 15,258 | ▼ 80% |
| Retained profit | € 17,314 | € 48,127 | € 61,448 | € 1,810 | ▼ 97% |
| Dividend | € 800 | € 833 | € 0 | € 60,000 | |
| Balance sheet total | € 45,392 | € 78,107 | € 101,668 | € 39,533 | ▼ 61% |
Key figures of KIESAK, 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 KIESAK?
What happened at KIESAK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 363 (▼ 97% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Bjorn Dhaenens became a director. NBB
In short
From € 18,114 profit in 2022 to € 363 profit in 2025.
Paid € 21,026 in corporate taxes since 2022.
Best year ever: 2023, with € 31,646 profit.
Paid out € 61,633 in dividends to the owners in total.
Management
Behind KIESAK is Bjorn Dhaenens.
Directors
According to the 2025 annual accounts
Bjorn Dhaenens
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Jules De Cocklaan 105
9050 Gent
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.
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
Source: Deed ↗- DHAENENS Bjorn Valentijn(comparant) 100%
Details
- Company number
- 0788.841.909
- VAT number
- BE 0788.841.909
- Registered office
- Jules De Cocklaan 105, 9050 Gent
- Names & denominations
- KIESAK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2022
- Peppol
- Active · Active since 18 Dec 2025
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