Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
K-MILL from Aalst, company number BE0860026843, closed financial year 2025 with a result of € 125,869 after tax. For that financial year K-MILL recorded a gross margin of € -7,641 and equity of € 671,360. Compared with financial year 2024, the result moved from € -3,123 to € 125,869. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2025.
€ 671,360
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 125,869
▲ still € 3,123 loss in 2024
Profit after tax over the fiscal year.
€ 8,562
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 70,000 paid out
56 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,488
▲ 159% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,275
▼ 85% 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 | € -1,398 | € -960 | € -1,734 | € -7,641 | ▼ € 5,907 |
| Profit after taxes | € 176,968 | € 263,878 | € -3,123 | € 125,869 | ▲ € 128,992 |
| Equity | € 824,647 | € 812,113 | € 808,990 | € 671,360 | ▼ 17% |
| Total debts | € 71,565 | € 295,068 | € 253,850 | € 207,570 | ▼ 18% |
| Cash | € 10,269 | € 13,264 | € 41,807 | € 8,562 | ▼ 80% |
| Retained profit | € 485,364 | € 472,831 | € 469,708 | € 525,577 | ▲ 12% |
| Dividend | € 100,000 | € 276,411 | € 0 | € 70,000 | |
| Balance sheet total | € 896,211 | € 1,107,182 | € 1,062,840 | € 878,930 | ▼ 17% |
Key figures of K-MILL, 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 K-MILL?
What happened at K-MILL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Katia De Spiegeleer stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 125,869. Source: NBB ↗
- Katia De Spiegeleer became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Aalst. KBO
In short
From € 176,968 profit in 2022 to € 125,869 profit in 2025.
Paid € 29,971 in corporate taxes since 2022.
Best year ever: 2023, with € 263,878 profit.
Paid out € 446,411 in dividends to the owners in total.
Management
It owns 98.2% of Industrial Service and 98% of Grindus itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Wijngaardveld 22/A
9300 Aalst
Wijngaardveld 22 box A
9300 Aalst
Active since 4 August 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0860.026.843
- VAT number
- BE 0860.026.843
- Registered office
- Wijngaardveld 22/A, 9300 Aalst
- Names & denominations
- K-MILL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 2003
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
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