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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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Busy address KBO
38 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
KABEG from Brussel, company number BE0890763668, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year KABEG recorded a gross margin of € -74,641 and equity of € 22.7 million. Compared with financial year 2024, the result moved from € 389,734 to € 2.2 million. 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 September 30, 2026.
€ 22.7 million
▼ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.2 million
▲ € 1.8 million vs 2024
Profit after tax over the fiscal year.
€ 7,173
▼ 96% 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 € 22.6 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 23,955
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,030
▼ 99% 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 | € -29,378 | € -38,090 | € -46,931 | € -74,641 | ▼ € 27,710 |
| Profit after taxes | € 488,012 | € 454,297 | € 389,734 | € 2,198,609 | ▲ € 1.8 million |
| Equity | € 39,306,860 | € 39,761,157 | € 40,150,891 | € 22,676,000 | ▼ 44% |
| Total debts | € 34,180 | € 201,372 | € 188,936 | € 25,985 | ▼ 86% |
| Cash | € 16,656 | € 18,700 | € 188,488 | € 7,173 | ▼ 96% |
| Retained profit | € 39,244,860 | € 39,699,157 | € 40,088,891 | € 22,614,000 | ▼ 44% |
| Balance sheet total | € 39,341,040 | € 39,962,529 | € 40,339,827 | € 22,701,985 | ▼ 44% |
Key figures of KABEG, 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 KABEG?
What happened at KABEG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.2 million (▲ € 1.8 million vs 2024). filed late Source: NBB ↗
- Max Vorst became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
In short
From € 488,012 profit in 2022 to € 2.2 million profit in 2025.
Paid € 374,363 in corporate taxes since 2022.
Best year ever: 2025, with € 2.2 million profit.
Management
Behind KABEG is Max Vorst. It owns 37.5% of TD Terrain Invest bv itself.
Directors
According to the 2025 annual accounts
Max Vorst
Director
Also active at: BARLOW RETAIL INVEST, FRED AND CO, Masergy Invest Brussels, RPM Invest Brussels, Veldstraat 70 Gent, Diamantvalk, Glaszwaan, Fagotvalk +4 more
since 2015
Establishments
Establishment units
Physical locations of this company
Louizalaan 32 box 15
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ
Louiseville
Belgische Uitvoervereniging
Les Maitres Imprimeurs de Belgique
SFPIM International
+33 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
- 0890.763.668
- VAT number
- BE 0890.763.668
- Registered office
- Louizalaan 32 bus 15, 1050 Brussel
- Names & denominations
- KABEG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 2007
- Peppol
- Not registered