Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KN DEVELOPMENT from Kortrijk, company number BE0884481335, closed financial year 2025 with a result of € 211,300 after tax. For that financial year KN DEVELOPMENT recorded a gross margin of € -197 and equity of € -15.3 million. Compared with financial year 2024, the result moved from € -474,557 to € 211,300. 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 July 13, 2026.
€ -15.3 million
▲ € 211,300 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 211,300
▲ still € 474,557 loss in 2024
Profit after tax over the fiscal year.
€ 1,833
▲ € 1,540 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 € -15.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -76 | € -1,744 | € -1,143 | € -197 | ▲ € 946 |
| Profit after taxes | € -1,153,317 | € -146,107 | € -474,557 | € 211,300 | ▲ € 685,857 |
| Equity | € -14,873,210 | € -15,019,316 | € -15,493,873 | € -15,282,573 | ▲ € 211,300 |
| Total debts | € 21,199,684 | € 21,022,827 | € 22,258,381 | € 20,624,324 | ▼ 7% |
| Cash | € 5,413 | € 8,182 | € 293 | € 1,833 | ▲ € 1,540 |
| Retained profit | € -14,891,810 | € -15,037,916 | € -15,512,473 | € -15,301,173 | ▲ € 211,300 |
| Balance sheet total | € 6,326,475 | € 6,003,511 | € 6,764,508 | € 5,341,751 | ▼ 21% |
Key figures of KN DEVELOPMENT, 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 KN DEVELOPMENT?
What happened at KN DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 211,300. Source: NBB ↗
- David Vanbiervliet became a director. NBB
- Luc Everaert became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million loss in 2022 to € 211,300 profit in 2025.
Best year ever: 2025, with € 211,300 profit.
A new publication or filing at KN DEVELOPMENT? We notify you, reason included.
Follow KN DEVELOPMENTDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of FIVANCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KN DEVELOPMENTBehind KN DEVELOPMENT are David Vanbiervliet and Luc Everaert. The shares are held by FIVANCO (25%). It owns 100% of FST Investment LTD. and 100% of LLC AIC itself.
Directors
According to the 2025 annual accounts
David Vanbiervliet
Director
Also active at: Centrimo, INAFZO, KORTRIJKSE VASTGOEDMAATSCHAPPIJ, CONAFIN, WOODROW & BLUM, EUROPE PROMOTIONS, Centrimo Construct, 10 INVEST +14 more
since 2023
Luc Everaert
Director
Also active at: RENT - EVENT, SEGHART, MEDA, DEMAC, L.C.-PARTNERS, JML PARTNERS
since 2023
Shareholders
25%
Participations
FST Investment LTD.
100%
LLC AIC
100%
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 29 box 21
8500 Kortrijk
Beneluxpark(Kor) 29 box B0021
8500 Kortrijk
Active since 1 August 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →FIVANCO same network
€ 120,500 revenue · 2025
Centrimo same network
€ 188,427 gross margin · 2025
INAFZO same network
€ -67,046 gross margin · 2025
CONAFIN same network
€ 14,235 gross margin · 2025
YOUNG & Partners/NaviTrans International
€ 12.4 million revenue · 2025
+14 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
- 0884.481.335
- VAT number
- BE 0884.481.335
- Registered office
- Beneluxpark(Kor) 29 bus 21, 8500 Kortrijk
- Names & denominations
- KN DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2006
- Peppol
- Active · Active since 27 Mar 2026