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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KAISIN from Fleurus, company number BE0862336631, closed financial year 2025 with a result of € 134,685 after tax. For that financial year KAISIN recorded revenue of € 288,239 and equity of € -94,947. Compared with financial year 2024, the result moved from € 87,152 to € 134,685. Profitable, and profit is growing. 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 5, 2026.
€ -94,947
▲ € 134,685 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 134,685
▲ 55% vs 2024
Profit after tax over the fiscal year.
€ 1,002
▼ 8% 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 € -307,447.
Debts at end 2025
€ 577,731
▼ 7% vs 2024
€ 45,392 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 37,221
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 384 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 220,181 | € 260,531 | € 253,969 | € 288,239 | ▲ 13% |
| Profit after taxes | € 35,683 | € 62,108 | € 87,152 | € 134,685 | ▲ 55% |
| Equity | € -378,892 | € -316,784 | € -229,632 | € -94,947 | ▲ € 134,685 |
| Total debts | € 1,694,886 | € 1,531,590 | € 1,391,543 | € 1,257,453 | ▼ 10% |
| Cash | € 1,931 | € 1,135 | € 1,090 | € 1,002 | ▼ 8% |
| Land & buildings | € 1,307,310 | € 1,206,728 | € 1,152,267 | € 1,117,416 | ▼ 3% |
| Retained profit | € -591,392 | € -529,284 | € -442,132 | € -307,447 | ▲ € 134,685 |
| Bank debt | € 708,861 | € 665,976 | € 622,272 | € 577,731 | ▼ 7% |
| Balance sheet total | € 1,315,994 | € 1,214,806 | € 1,161,911 | € 1,162,506 |
Key figures of KAISIN, 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 KAISIN?
What happened at KAISIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 134,685 (▲ 55% vs 2024). Source: NBB ↗
- PINEAPPLE SRL stepped down as director. NBB
- Claudia GATHON stepped down as director. NBB
- ICEBERG LAKE TRAIL SRL stepped down as director. NBB
- PINEAPPLE SRL became a director. NBB
- Claudia GATHON became a director. NBB
- ICEBERG LAKE TRAIL SRL became a director. NBB
- New establishment in Charleroi. KBO
In short
From € 35,683 profit in 2022 to € 134,685 profit in 2025.
Best year ever: 2025, with € 134,685 profit.
Management
The stake of MONDIAL IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KAISINThe shares are held by MONDIAL IMMO (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Gathon Florence
Also active at: AUTO SATELLITES, CARSTYL, MONDIAL IMMO, CHARLEROI EST, AUTOLAND DISTRIBUTION, CHARLEMAGNE 2008, WININVESTISSEMENTS, IMMOBILIERE DE LA POIRE D'OR +3 more
since 2020 · until 2026
Claudia GATHON
Director
Also active at: AUTO SATELLITES, CARSTYL, MONDIAL IMMO, CHARLEROI EST, AUTOLAND DISTRIBUTION, CHARLEMAGNE 2008, WININVESTISSEMENTS, IMMO WB +2 more
since 2020 · until 2026
Director · represented by GATHON Jérôme
Also active at: AUTO SATELLITES, CARSTYL, MONDIAL IMMO, CHARLEROI EST, AUTOLAND DISTRIBUTION, CHARLEMAGNE 2008, WININVESTISSEMENTS, IMMO WB +1 more
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Martinroux(L) 32
6220 Fleurus
Rue Pont-à-Migneloux 24
6041 Charleroi
Active since 22 December 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →AUTO SATELLITES same network
€ 151.4 million revenue · 2025
MONDIAL IMMO same network
€ 1.2 million revenue · 2025
CHARLEROI EST same network
CHARLEMAGNE 2008 same network
€ 194,254 revenue · 2025
WININVESTISSEMENTS same network
€ 1.3 million revenue · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.336.631
- VAT number
- BE 0862.336.631
- Registered office
- Rue Martinroux(L) 32, 6220 Fleurus
- Names & denominations
- KAISIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2003
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
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