Financials
Financial year 2025
I KNOW THAT'S RIGHT from Gent, company number BE0847184835, closed financial year 2025 with a result of € 31,655 after tax. For that financial year I KNOW THAT'S RIGHT recorded a gross margin of € 63,565 and equity of € 160,984. Compared with financial year 2024, the result moved from € 11,590 to € 31,655. 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 August 18, 2026.
€ 160,984
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,655
▲ 173% vs 2024
Profit after tax over the fiscal year.
€ 127,835
▲ 228% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 154,784.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 20,350
▼ 30% vs 2024
Of which on lease € 20,350.
Debts at end 2025
€ 22,072
▼ 66% vs 2024
€ 17,767 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1,769
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,435
▲ 9% 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 | € 62,821 | € 93,659 | € 37,434 | € 63,565 | ▲ 70% |
| Profit after taxes | € 44,472 | € 48,211 | € 11,590 | € 31,655 | ▲ 173% |
| Equity | € 74,167 | € 122,378 | € 129,329 | € 160,984 | ▲ 24% |
| Total debts | € 68,442 | € 122,162 | € 95,096 | € 70,769 | ▼ 26% |
| Cash | € 80,641 | € 51,283 | € 38,996 | € 127,835 | ▲ 228% |
| Retained profit | € 67,967 | € 116,178 | € 123,129 | € 154,784 | ▲ 26% |
| Dividend | € 0 | € 0 | € 4,640 | € 0 | ▼ 100% |
| Bank debt | € 48,059 | € 70,173 | € 65,052 | € 22,072 | ▼ 66% |
| Balance sheet total | € 142,610 | € 244,541 | € 224,425 | € 231,753 | ▲ 3% |
Key figures of I KNOW THAT'S RIGHT, 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 I KNOW THAT'S RIGHT?
What happened at I KNOW THAT'S RIGHT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,655 (▲ 173% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,472 profit in 2022 to € 31,655 profit in 2025.
Paid € 45,588 in corporate taxes since 2022.
Best year ever: 2023, with € 48,211 profit.
Paid out € 4,640 in dividends to the owners in total.
Management
Behind I KNOW THAT'S RIGHT is Bart De Baere.
Directors
According to the 2025 annual accounts
Bart De Baere
Director
Establishments
Establishment units
Physical locations of this company
Schoolkaai 39
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0847.184.835
- VAT number
- BE 0847.184.835
- Registered office
- Schoolkaai 39, 9000 Gent
- Names & denominations
- I KNOW THAT'S RIGHT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2012
- Peppol
- Active · Active since 16 Apr 2025
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