Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 35.9 to 27.
Financials
Financial year 2025
KENTISOL from Brugge, company number BE0873367214, closed financial year 2025 with a result of € -188,003 after tax. For that financial year KENTISOL recorded revenue of € 7.2 million and equity of € 694,733. Compared with financial year 2024, the result moved from € 33,912 to € -188,003. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 694,733
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -188,003
▼ still € 33,912 profit in 2024
Profit after tax over the fiscal year.
€ 293,181
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 569,733.
People and assets in 2025
27
▼ 6.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 18% vs 2024
€ 68,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 355,958
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 438,556
▼ 14% vs 2024
€ 67,386 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 831,385
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 53 days on average.
€ 82,154
▼ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 8,835,722 | € 7,225,257 | ▼ 18% |
| Gross margin | € 2,490,719 | € 2,598,664 | - | - | |
| Profit after taxes | € 76,436 | € 20,460 | € 33,912 | € -188,003 | ▼ € 221,915 |
| Equity | € 828,363 | € 848,823 | € 882,735 | € 694,733 | ▼ 21% |
| Total debts | € 1,775,922 | € 2,196,121 | € 1,365,211 | € 1,607,495 | ▲ 18% |
| Cash | € 359,891 | € 378,542 | € 188,175 | € 293,181 | ▲ 56% |
| Land & buildings | € 475,791 | € 571,186 | € 554,915 | € 539,426 | ▼ 3% |
| Retained profit | € 703,363 | € 723,823 | € 757,735 | € 569,733 | ▼ 25% |
| Bank debt | € 611,185 | € 620,140 | € 510,313 | € 438,556 | ▼ 14% |
| Balance sheet total | € 2,604,285 | € 3,044,944 | € 2,247,947 | € 2,302,228 | ▲ 2% |
| Employees (FTE) | 36.2 | 35.9 | 33.4 | 27 | ▼ 6.4 |
Key figures of KENTISOL, 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 KENTISOL?
What happened at KENTISOL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Kortrijk. KBO
- New establishment in Roeselare. KBO
- New establishment in Roeselare. KBO
- New annual accounts for financial year 2025: loss of € 188,003 (▼ € 221,915 vs 2024). Source: NBB ↗
- Kenneth Vandenbulcke became a director. NBB
- Timothy Vandenbulcke became a director. NBB
- New establishment in Knokke-Heist. KBO
- New establishment in Koksijde. KBO
In short
From € 76,436 profit in 2022 to € 188,003 loss in 2025.
Paid € 106,012 in corporate taxes since 2022.
Best year ever: 2022, with € 76,436 profit.
On average € 72,400 of value added per employee in 2023.
Management
Behind KENTISOL are Kenneth Vandenbulcke and Timothy Vandenbulcke. The same people are also behind Firma Vandenbulcke, WAGGELWATER ENTERPRISE and OMBRO.
Directors
According to the 2025 annual accounts
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Lieven Bauwensstraat 2
8200 Brugge
Albert I Laan(Odk) 98
8670 Koksijde
Active since 18 January 2010
Dumortierlaan 40b
8300 Knokke-Heist
Active since 1 January 2018
Torhoutsesteenweg 417
8400 Oostende
Active since 18 September 2007
Oudenaardsesteenweg(Kor) 52
8500 Kortrijk
Active since 24 August 2026
Liebeekstraat 10
8800 Roeselare
Active since 24 August 2026
Meensesteenweg 241
8800 Roeselare
Active since 24 August 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0873.367.214
- VAT number
- BE 0873.367.214
- Registered office
- Lieven Bauwensstraat 2, 8200 Brugge
- Names & denominations
- KENTISOL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 2005
- Peppol
- Active · Active since 31 Mar 2025
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Groothandel in bouwmaterialen, algemeen assortiment
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Metaalschrijnwerk
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.
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