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KGS

Active Public limited companyfounded 1963active for 63 yearsGenkerbaan 73, 3520 ZonhovenKBO/BCE: BE 0406.054.371 subsidiary of #1 oldest company in Limburg, Beverages sector
Part of the group 12 companies

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1978
peak €21.2m (2006)
€17.0munchanged
lowest -€2,816 (2020)
-€2,500▼ €400
peak €17.0m (2014)
€17.0munchanged
€591▼ 61.5%
Board8 names since 2014
1 director
Owners4 names in the annual accounts
63% and 2 others
Documentsfilings and deeds
09-06-202652 days before the deadline
2025financial year
Loss of €2,500Appointment: (statutory auditor) 26-111 director appointed, 1 resignation 09-05Reappointment: (statutory auditor) 10-03Debts from €1,535 to €591Cash from €76 to €32

Key points

from the 2025 annual accounts

Losses

-€21,524 in eleven years
20152016201720182019-2,81620202021202220232024-2,5002025

Every financial year from 2015 to 2025 closed with a loss. 2020 was the heaviest.

Payment terms

181 days to suppliers
Suppliers
1339 to 181

KGS pays its suppliers 1,158 days earlier than in 2024.

Filings

48 annual accounts 64 filings since 1978
AprilJune31 JulyOctober1980199520102025

The 2018 accounts came 6 days late. The other nine of the last ten were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 832 companies had the same profile as KGS has now. Each dot stands for 3 companies, two years later.

96.5%
were still trading
2.9%
stopped another way
0.6%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a small loss
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 832 companies, not a prediction for KGS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 07-08-2020
Auditor,
  • 63%score equity €65.8m (2025) · annual accounts 2025
  • consolidatesannual accounts 2025
  • 37%equity €23.4m (2025) · annual accounts 2025

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0406054371
Appointment: (statutory auditor) Board meeting of 06-10-2025 · Gazette deed
1 director appointed, 1 resignation Resignation: · Permanent representatives: and · Appointment: · General meeting of 28-04-2025 · Gazette deed
Reappointment: (statutory auditor) Permanent representative: · General meeting of 31-05-2024 · Gazette deed
All 81 events

Comparable companies

same main activity, similar in size and age
Company
KGS Zonhoven - - 100.0% -
FILLIERS DISTILLERY Deinze €11.9m 3.3% 59.5% 17
SODIKO Diepenbeek €52.2m 20.2% 73.9% 40
RUBBENS GEBROEDERS Wichelen - - 68.8% 21.7
NEYCKEN'S PRODUCT SA Dison - - 44.5% 1.3
La Martiniquaise Benelux Ghent €57.7m 0.7% 76.7% 55.7
RADERMACHER DISTILLERIE Raeren - - 23.9% 18.1

These companies have the same main activity as KGS: manufacture of beverages (NACE 11010). They are comparable in size and age: total assets between €3.3m and €97m, founded between 1948 and 2000.

Official details

Source: KBO
Status
Active since 30-05-1963Normal situation
Activity
Manufacture of beveragesNACE 11010
Establishment unit
2.006.279.9023520 Zonhoven, since 01-06-1945
Financial year end
31 December
Peppol
Reachable since 31-12-2025
Company details

Annual accounts 2025

€17.0m=
Filing
Filed on 09-06-2026, 52 days before the end of the filing period
Financials

Companies linked to KGS

Parent and group

Insights on KGS

KGS has existed since 1963. The balance sheet total fell from €21.2m in 2006 to €17.0m in 2025.

The balance sheet total has fallen every year since 2013.

holds 63% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KGS

What is the company number of KGS?
The company number of KGS is 0406.054.371. The VAT number is the same number with BE in front: BE 0406.054.371.
Where is KGS based?
The registered office is at Genkerbaan 73, 3520 Zonhoven.Company details
What does KGS do?
According to the KBO register, the main activity is manufacture of beverages (NACE 11010).
What is the legal form of KGS?
KGS is a public limited company (NV).
When was KGS founded?
KGS was founded on 30-05-1963.
Is KGS still active?
Yes, KGS is an active enterprise in the KBO register.
What is the turnover of KGS?
The annual accounts for financial year 2025 state no turnover.Financials
Is KGS profitable?
In financial year 2025, KGS made a loss of €2,500.
Where can I find the annual accounts of KGS?
KGS filed 64 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KGS due?
KGS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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