What does K in Kortrijk do?

K in Kortrijk is a property company in Brussel. Public Limited, started on 5 May 2004, 1 establishment.

What is the address of K in Kortrijk?

The registered office of K in Kortrijk is located at Louizalaan 54, 1050 Brussel.

Is K in Kortrijk still active?

Yes. According to the CBE (30 October 2026) K in Kortrijk is active, legal situation “Normale toestand”, started on 5 May 2004.

Is K in Kortrijk registered on Peppol?

Yes, K in Kortrijk is registered on the Peppol network with ID 0208:0865132805.

What is the enterprise number of K in Kortrijk?

The enterprise number of K in Kortrijk is BE0865132805.

When was K in Kortrijk founded?

K in Kortrijk was founded on 5 May 2004.

Who are the directors of K in Kortrijk?

According to the 2025 annual accounts, the directors of K in Kortrijk are: Axel Hugo CEUSTERS, Laurence Nadine J. SIMILLON, Marc GÄRTNER.

Is K in Kortrijk a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 May 2004; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did K in Kortrijk make in 2025?

K in Kortrijk recorded a loss after taxes of € 4,146,528 in financial year 2025.

What is the revenue of K in Kortrijk?

In its most recent annual accounts (2025), K in Kortrijk reported revenue of € 7,032,208.

K in Kortrijk (Public Limited) - Brussel - BE0865132805

Dossier K in Kortrijk, printed on 30 October 2026 from databakkes.be/en/0865132805/k-in-kortrijk. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

K in Kortrijk from Brussel, company number BE0865132805, closed financial year 2025 with a result of € -4.1 million after tax. For that financial year K in Kortrijk recorded revenue of € 7 million and equity of € 63.3 million. Compared with financial year 2024, the result moved from € -4.4 million to € -4.1 million. The company made a loss. 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 September 11, 2026.

What it is worth Healthy

€ 63.3 million

▼ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -4.1 million

▲ 6 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8.5 million

▲ 33% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -33.2 million.

Debts at end 2025

Bank debt

€ 56 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 894,469

▼ 36% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 77 days on average.

Taxes

€ 134,941

▲ 154% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 5,349,525 Revenue 2022: € 5,349,525 First fiscal year in the series	€ 6,842,608 Revenue 2023: € 6,842,608 ▲ 28% vs 2022 (€ 5,349,525) Favourable step	€ 6,870,680 Revenue 2024: € 6,870,680 Unchanged (€ 6,842,608) Favourable step	€ 7,032,208 Revenue 2025: € 7,032,208 ▲ 2% vs 2024 (€ 6,870,680) Favourable step	▲ 2%
Profit after taxes	€ -5,667,681 Profit after taxes 2022: € -5,667,681 First fiscal year in the series	€ -4,033,808 Profit after taxes 2023: € -4,033,808 ▲ € 1.6 million vs 2022 (€ -5,667,681) Favourable step	€ -4,403,056 Profit after taxes 2024: € -4,403,056 ▼ € 369,248 vs 2023 (€ -4,033,808) Unfavourable step	€ -4,146,528 Profit after taxes 2025: € -4,146,528 ▲ € 256,528 vs 2024 (€ -4,403,056) Favourable step	▲ € 256,528
Equity	€ 82,597,646 Equity 2022: € 82,597,646 First fiscal year in the series	€ 74,863,838 Equity 2023: € 74,863,838 ▼ 9% vs 2022 (€ 82,597,646) Unfavourable step	€ 67,460,782 Equity 2024: € 67,460,782 ▼ 10% vs 2023 (€ 74,863,838) Unfavourable step	€ 63,314,254 Equity 2025: € 63,314,254 ▼ 6% vs 2024 (€ 67,460,782) Unfavourable step	▼ 6%
Total debts	€ 58,840,747 Total debts 2022: € 58,840,747 First fiscal year in the series	€ 58,064,769 Total debts 2023: € 58,064,769 ▼ 1% vs 2022 (€ 58,840,747) Favourable step	€ 58,239,587 Total debts 2024: € 58,239,587 Unchanged (€ 58,064,769) Unfavourable step	€ 57,819,070 Total debts 2025: € 57,819,070 ▼ 1% vs 2024 (€ 58,239,587) Favourable step	▼ 1%
Cash	€ 7,306,767 Cash 2022: € 7,306,767 First fiscal year in the series	€ 6,692,847 Cash 2023: € 6,692,847 ▼ 8% vs 2022 (€ 7,306,767) Unfavourable step	€ 6,411,450 Cash 2024: € 6,411,450 ▼ 4% vs 2023 (€ 6,692,847) Unfavourable step	€ 8,497,599 Cash 2025: € 8,497,599 ▲ 33% vs 2024 (€ 6,411,450) Favourable step	▲ 33%
Land & buildings	€ 127,401,677 Land & buildings 2022: € 127,401,677 First fiscal year in the series	€ 120,465,086 Land & buildings 2023: € 120,465,086 ▼ 5% vs 2022 (€ 127,401,677) Unchanged	€ 114,446,442 Land & buildings 2024: € 114,446,442 ▼ 5% vs 2023 (€ 120,465,086) Unchanged	€ 108,574,466 Land & buildings 2025: € 108,574,466 ▼ 5% vs 2024 (€ 114,446,442) Unchanged	▼ 5%
Retained profit	€ -20,580,441 Retained profit 2022: € -20,580,441 First fiscal year in the series	€ -24,614,249 Retained profit 2023: € -24,614,249 ▼ € 4 million vs 2022 (€ -20,580,441) Unfavourable step	€ -29,017,305 Retained profit 2024: € -29,017,305 ▼ € 4.4 million vs 2023 (€ -24,614,249) Unfavourable step	€ -33,163,833 Retained profit 2025: € -33,163,833 ▼ € 4.1 million vs 2024 (€ -29,017,305) Unfavourable step	▼ € 4.1 million
Bank debt	€ 56,025,000 Bank debt 2022: € 56,025,000 First fiscal year in the series	€ 56,025,000 Bank debt 2023: € 56,025,000 Unchanged (€ 56,025,000) Unchanged	€ 56,025,000 Bank debt 2024: € 56,025,000 Unchanged (€ 56,025,000) Unchanged	€ 56,025,000 Bank debt 2025: € 56,025,000 Unchanged (€ 56,025,000) Unchanged
Balance sheet total	€ 141,438,393 Balance sheet total 2022: € 141,438,393 First fiscal year in the series	€ 132,928,607 Balance sheet total 2023: € 132,928,607 ▼ 6% vs 2022 (€ 141,438,393) Unchanged	€ 125,700,369 Balance sheet total 2024: € 125,700,369 ▼ 5% vs 2023 (€ 132,928,607) Unchanged	€ 121,133,324 Balance sheet total 2025: € 121,133,324 ▼ 4% vs 2024 (€ 125,700,369) Unchanged	▼ 4%

Key figures of K in Kortrijk, 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 in Kortrijk?

What happened at K in Kortrijk in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Axel Hugo CEUSTERS stepped down as director. NBB
2030 Laurence Nadine J. SIMILLON stepped down as director. NBB
2030 Marc GÄRTNER stepped down as director. NBB
Sep 11, 2026 New annual accounts for financial year 2025: loss of € 4.1 million. filed late Source: NBB ↗
2025 Axel Hugo CEUSTERS became a director. NBB
2024 Laurence Nadine J. SIMILLON became a director. NBB
2024 Marc GÄRTNER became a director. NBB
Jun 1, 2004 New establishment in Elsene. KBO

In short

From € 5.7 million loss in 2022 to € 4.1 million loss in 2025.

Pays suppliers within 77 days on average.

Original PDFs at the National Bank ↗

Management

Union Investment Real Estate GmbH - Belgian Branch 100%

UIR Verwaltungsgesellschaft mbH 0%

K in Kortrijk

The shares are held by Union Investment Real Estate GmbH - Belgian Branch (100%) and UIR Verwaltungsgesellschaft mbH (0%).

Directors

According to the 2025 annual accounts

Axel Hugo CEUSTERS

Director

Also active at: NewCort, UIR BELGIQUE 1, UIR LE PRESIDENT 1

since 2025 · until 2031

Laurence Nadine J. SIMILLON

Director

since 2024 · until 2030

Marc GÄRTNER

Director

Also active at: THE FIRST, NewCort, UIR BELGIQUE 1, UIR LE PRESIDENT 1, FG EURO GREEN 1, UII GREEN RETAIL 63, Global Life Tree

since 2024 · until 2030

Shareholders

Union Investment Real Estate GmbH - Belgian Branch

100%

UIR Verwaltungsgesellschaft mbH

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 54

1050 Brussel

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0865.132.805

VAT number

BE 0865.132.805

Registered office

Louizalaan 54, 1050 Brussel

Names & denominations

K in Kortrijk

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

5 May 2004

Peppol

Active · Active since 9 Dec 2025

Contact

[email protected]

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

K in Kortrijk

Warning lights

Financials

What happened to K in Kortrijk?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions