Financials
Financial year 2025
Kine 18 from Ieper, company number BE0823447153, closed financial year 2025 with a result of € 79,415 after tax. For that financial year Kine 18 recorded a gross margin of € 180,981 and equity of € 305,962. Compared with financial year 2024, the result moved from € 30,392 to € 79,415. 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 April 29, 2026.
€ 305,962
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,415
▲ 161% vs 2024
Profit after tax over the fiscal year.
€ 133,791
▲ 120% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45,520 paid out
57 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 12,425
▲ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 316,281
▼ 7% vs 2024
€ 24,828 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 25,734
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,931
▲ 168% vs 2024
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 | € 131,621 | € 120,239 | € 139,187 | € 180,981 | ▲ 30% |
| Profit after taxes | € 56,127 | € 40,422 | € 30,392 | € 79,415 | ▲ 161% |
| Equity | € 261,753 | € 274,975 | € 272,067 | € 305,962 | ▲ 12% |
| Total debts | € 335,004 | € 306,322 | € 381,951 | € 370,457 | ▼ 3% |
| Cash | € 121,799 | € 133,585 | € 60,716 | € 133,791 | ▲ 120% |
| Land & buildings | € 258,029 | € 240,840 | € 416,712 | € 393,800 | ▼ 5% |
| Retained profit | € 255,553 | € 268,775 | € 265,867 | € 299,762 | ▲ 13% |
| Dividend | € 72,000 | € 27,200 | € 33,300 | € 45,520 | ▲ 37% |
| Bank debt | € 272,971 | € 248,243 | € 341,226 | € 316,281 | ▼ 7% |
| Balance sheet total | € 596,757 | € 581,297 | € 654,018 | € 676,418 | ▲ 3% |
Key figures of Kine 18, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Kine 18?
What happened at Kine 18 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 79,415 (▲ 161% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- New establishment in Ieper. KBO
- Ward THORREZ became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 56,127 profit in 2022 to € 79,415 profit in 2025.
Paid € 92,119 in corporate taxes since 2022.
Best year ever: 2025, with € 79,415 profit.
Paid out € 178,020 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
Directors
According to the 2025 annual accounts
Ward THORREZ
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Bellestraat 1
8908 Ieper
Kerkplein 18
8908 Ieper
Active since 3 January 2022
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0823.447.153
- VAT number
- BE 0823.447.153
- Registered office
- Bellestraat 1, 8908 Ieper
- Names & denominations
- Kine 18
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2010
- Peppol
- Active · Active since 18 Jun 2025
- Contact
- kine18.be