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 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
K DEVELOPMENT from Hasselt, company number BE0845071621, closed financial year 2025 with a result of € -20,344 after tax. For that financial year K DEVELOPMENT recorded a gross margin of € 36,490 and equity of € -237,183. Compared with financial year 2024, the result moved from € -151,462 to € -20,344. 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 June 26, 2026.
€ -237,183
▼ € 20,344 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,344
▲ 87 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,461
▲ 151% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -243,383.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 45,694
▼ 2% 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.
€ 1,136
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,454
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,165
▲ 85% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 129,764 | € 143,227 | € 93,065 | € 36,490 | ▼ 61% |
| Profit after taxes | € 18,961 | € -4,145 | € -151,462 | € -20,344 | ▲ € 131,118 |
| Equity | € -61,231 | € -65,377 | € -216,839 | € -237,183 | ▼ € 20,344 |
| Total debts | € 261,223 | € 267,377 | € 294,095 | € 293,626 | |
| Cash | € 25,151 | € 24,418 | € 3,372 | € 8,461 | ▲ 151% |
| Retained profit | € -67,431 | € -71,577 | € -223,039 | € -243,383 | ▼ € 20,344 |
| Balance sheet total | € 199,991 | € 202,001 | € 77,256 | € 56,444 | ▼ 27% |
Key figures of K DEVELOPMENT, 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 K DEVELOPMENT?
What happened at K DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,344. Source: NBB ↗
- New establishment in Hasselt. KBO
- Koen Hendrickx became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 18,961 profit in 2022 to € 20,344 loss in 2025.
Paid € 578 in corporate taxes since 2022.
Best year ever: 2022, with € 18,961 profit.
A new publication or filing at K DEVELOPMENT? We notify you, reason included.
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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 K DEVELOPMENT is Koen Hendrickx. Koen Hendrickx is also behind IMMO BERKENVELD and THREE SUN.
Directors
According to the 2025 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Diestersteenweg 420
3510 Hasselt
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
- 0845.071.621
- VAT number
- BE 0845.071.621
- Registered office
- Diestersteenweg 420, 3510 Hasselt
- Names & denominations
- K DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2012
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
Groothandel in overig textiel