What does KIT III do?

KIT III is a shop in Gent. Private Limited, started on 21 October 2008, 1 establishment.

What is the address of KIT III?

The registered office of KIT III is located at Acaciastraat 5 box /101, 9000 Gent.

Is KIT III still active?

No. The CBE lists KIT III with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is KIT III registered on Peppol?

No, KIT III is currently not registered on the Peppol network.

What is the enterprise number of KIT III?

The enterprise number of KIT III is BE0807265474.

When was KIT III founded?

KIT III was founded on 21 October 2008.

Is KIT III a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 21 October 2008; 3 annual accounts filed, latest fiscal year 2021; 1 events from the Belgian Official Gazette processed.

How much profit did KIT III make in 2021?

KIT III recorded a loss after taxes of € 9,039 in financial year 2021.

What is the revenue of KIT III?

As a small company, KIT III is not required to publish revenue in its annual accounts. In financial year 2021, its added value was € 30,978.

KIT III (Private Limited) - Gent - BE0807265474

Dossier KIT III, printed on 3 November 2026 from databakkes.be/en/0807265474/kit-iii. 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.

Negative equity NBB

More debt than assets in 3 of the last 3 fiscal years.
Two loss years in a row NBB

Negative result in 2020 and 2021.
Tight liquidity NBB

Cash and receivables cover 26 % of short-term debt in 2021; threshold 65 %.
Late annual account NBB

Fiscal year 2021 was filed 249 days after the legal deadline.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2021

KIT III from Gent, company number BE0807265474, closed financial year 2021 with a result of € -9,039 after tax. For that financial year KIT III recorded a gross margin of € 30,978 and equity of € -242,335. Compared with financial year 2020, the result moved from € -82,734 to € -9,039. The company made a loss. 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 April 6, 2023.

What it is worth Caution

€ -242,335

▼ € 9,039 vs 2020

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

Loss Caution

€ -9,039

▲ 89 % less loss than in 2020

Profit after tax over the fiscal year.

Cash in the bank

€ 46,150

▲ 76% vs 2020

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -260,885.

People and assets in 2021

Wage cost

€ 23,074

▼ 29% vs 2020

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2021

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 118,166

▲ € 104,376 vs 2020

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 262,716

▲ 35% vs 2020

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2019	2020	2021	Change 2020 → 2021
Gross margin	€ 107,224 Gross margin 2019: € 107,224 First fiscal year in the series	€ -39,023 Gross margin 2020: € -39,023 ▼ € 146,247 vs 2019 (€ 107,224) Unfavourable step	€ 30,978 Gross margin 2021: € 30,978 ▲ € 70,001 vs 2020 (€ -39,023) Favourable step	▲ € 70,001
Profit after taxes	€ 14,541 Profit after taxes 2019: € 14,541 First fiscal year in the series	€ -82,734 Profit after taxes 2020: € -82,734 ▼ € 97,275 vs 2019 (€ 14,541) Unfavourable step	€ -9,039 Profit after taxes 2021: € -9,039 ▲ € 73,695 vs 2020 (€ -82,734) Favourable step	▲ € 73,695
Equity	€ -150,563 Equity 2019: € -150,563 First fiscal year in the series	€ -233,296 Equity 2020: € -233,296 ▼ € 82,734 vs 2019 (€ -150,563) Unfavourable step	€ -242,335 Equity 2021: € -242,335 ▼ € 9,039 vs 2020 (€ -233,296) Unfavourable step	▼ € 9,039
Total debts	€ 458,921 Total debts 2019: € 458,921 First fiscal year in the series	€ 381,534 Total debts 2020: € 381,534 ▼ 17% vs 2019 (€ 458,921) Favourable step	€ 380,882 Total debts 2021: € 380,882 Unchanged (€ 381,534) Favourable step
Cash	€ 29,579 Cash 2019: € 29,579 First fiscal year in the series	€ 26,183 Cash 2020: € 26,183 ▼ 11% vs 2019 (€ 29,579) Unfavourable step	€ 46,150 Cash 2021: € 46,150 ▲ 76% vs 2020 (€ 26,183) Favourable step	▲ 76%
Retained profit	€ -169,113 Retained profit 2019: € -169,113 First fiscal year in the series	€ -251,846 Retained profit 2020: € -251,846 ▼ € 82,734 vs 2019 (€ -169,113) Unfavourable step	€ -260,885 Retained profit 2021: € -260,885 ▼ € 9,039 vs 2020 (€ -251,846) Unfavourable step	▼ € 9,039
Balance sheet total	€ 308,358 Balance sheet total 2019: € 308,358 First fiscal year in the series	€ 148,238 Balance sheet total 2020: € 148,238 ▼ 52% vs 2019 (€ 308,358) Unchanged	€ 138,547 Balance sheet total 2021: € 138,547 ▼ 7% vs 2020 (€ 148,238) Unchanged	▼ 7%

Key figures of KIT III, fiscal years 2019 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.

What happened to KIT III?

What happened at KIT III in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

KIT III is active according to the CBE. Legal situation: Opening faillissement.

Apr 6, 2023 New annual accounts for financial year 2021: loss of € 9,039. filed late Source: NBB ↗
Nov 2, 2008 New establishment in Gent. KBO
Oct 29, 2008 Incorporation, published in the Gazette. Source: Staatsblad ↗

In short

From € 14,541 profit in 2019 to € 9,039 loss in 2021.

Best year ever: 2019, with € 14,541 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Acaciastraat 5 box /101

9000 Gent

2.174.138.105

Meelstraat 22

9000 Gent

Active since 2 November 2008

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 →

ANGELOV TEAM

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

29 October 2008 Source: Deed ↗

BAYDU Ibrahim(oprichter) 50%
BAYDU Selahattin(oprichter) 50%

Details

Company number

0807.265.474

VAT number

BE 0807.265.474

Registered office

Acaciastraat 5 bus /101, 9000 Gent

Names & denominations

KIT III

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opening faillissement

Start date

21 October 2008

Peppol

Not registered

Activities · NACE

Detailhandel in huismeubilair

Detailhandel in huismeubilair in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗