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Knowledge Hub

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Private limited companyfounded 2015active for 10 yearsZagersweg 70, 8000 Brugge, BelgiumKBO/BCE: BE 0642.874.032

Financials · financial year 2024, abbreviated format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.

Annual accounts 2024 filed on 25-08-2025 PDF all 9 filings

Turnover
≈ €89,000
Estimated: probably between €72,000 and €140,000
Total assets
€170,951▼ 14.8%
2023 · €200,608
Net result
€2,523▼ 88.4%
2023 · €21,799
Working capital
-€78,935▼ 4.4%
2023 · -€75,616
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result for 2024 is 71% lower than in 2023.

Operating result€10,489 2024 Net result€2,523 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€78--€628€1,406€35,963▲ 26×€9,680▼ 73.1%€35,899▲ 271%€10,489▼ 70.8%
Net result-€61--€798▼ 1,209%€750within the sector's middle half€25,388within the sector's middle half▲ 34×€1,590within the sector's middle half▼ 93.7%€21,799within the sector's middle half▲ 14×€2,523within the sector's middle half▼ 88.4%
Equity€2,307-€1,509▼ 34.6%€2,259below the sector's middle half▲ 49.7%€37,647within the sector's middle half▲ 17×€39,237below the sector's middle half▲ 4.2%€59,370below the sector's middle half▲ 51.3%€61,893below the sector's middle half▲ 4.2%
Total assets€2,307-€2,801▲ 21.4%€9,786below the sector's middle half▲ 249%€170,905within the sector's middle half▲ 17×€197,474below the sector's middle half▲ 15.5%€200,608below the sector's middle half▲ 1.6%€170,951below the sector's middle half▼ 14.8%
Debt€1,292€7,527▲ 483%€133,258▲ 18×€158,237▲ 18.7%€141,238▼ 10.7%€109,059▼ 22.8%
Working capital€280€1,524within the sector's middle half▲ 444%-€41,497below the sector's middle half-€73,545below the sector's middle half▼ 77.2%-€75,616below the sector's middle half▼ 2.8%-€78,935below the sector's middle half▼ 4.4%
Solvency23.1%within the sector's middle half22.0%within the sector's middle half▼ 1.1pp19.9%within the sector's middle half▼ 2.2pp29.6%within the sector's middle half▲ 9.7pp36.2%within the sector's middle half▲ 6.6pp
Current ratio1.20within the sector's middle half0.47below the sector's middle half▼ 0.740.45below the sector's middle half▼ 0.010.46below the sector's middle half▲ 0.010.26below the sector's middle half▼ 0.21
Return on assets (ROA)7.7%within the sector's middle half14.9%within the sector's middle half▲ 7.2pp0.8%within the sector's middle half▼ 14.1pp10.9%within the sector's middle half▲ 10.1pp1.5%within the sector's middle half▼ 9.4pp
Staff (FTE)0.8within the sector's middle half
above within below The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €170,951
Fixed assets €143,688 ▲ 5.9%
Current assets €27,263 ▼ 58.0%
Equity and liabilities €170,951
Equity €61,893 ▲ 4.2%
Debt €109,059 ▼ 22.8%
Debt's share of the balance-sheet total falls from 70.4% to 63.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€11,709▼
2023 · €36,716
Cash flow
€3,743▼
2023 · €22,615
Debt to equity
1.76▼
2023 · 2.38
ROE
4.1%▼
2023 · 36.7%
Interest coverage
2.82▼
2023 · 8.59
Debt ≤ 1 year
€106,198▼
2023 · €140,545
Debt > 1 year
€2,861▲
2023 · €0
Income taxes
€3,835▼
2023 · €10,024
Staff costs
€32,949
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-2024
Employees at the balance-sheet date1
full-time0
part-time1
in full-time equivalents0.8
Average over the year, in full-time equivalents0.8
On a permanent contract1
Joined1
Left0

Source: social balance sheet in the 2024 annual accounts

Securities and guarantees

on own assets and for others
Item2021202220232024
Debts secured on the company's own assets-€55,497€25,984-

Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item2021202220232024
Tangible fixed assets-€2,450-€9,230
Financial fixed assets€134,400---
Depreciation and write-downs of the year€494€595€817€1,220

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as Knowledge Hub: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €84,100 and €299,000, founded between 2014 and 2018.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
Knowledge Hub Brugge2015€170,951€61,893€46,134-€2,5230.82024
MK & D PRESTIGE Drogenbos2016€157,808-€54,293€50,257€113,151-€5,4440.72024
ARTEGRAPH Sint-Agatha-Berchem2014€212,802€72,248€41,448-€41.92025
LA MANUFACTURE DU SON Malmedy2016€299,263€278,252€37,179-€3,1730.52025
Smart Services Roeselare2018€87,709€47,395€39,593-€30,75002025
HULALEX Kortrijk2017€292,201€86,258€78,170-€52,16602025
P.A. SERVICES BELGIQUE Brussel2014€84,106€45,352€44,910-€5,4070.82025

They were chosen from the 3,636 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines

Source: Annual accounts 2024 (PDF), filed on 25-08-2025.

Balance sheet Code20232024
Assets
Total assets20/58€200,608€170,951▼
Fixed assets21/28€135,679€143,688▲
Tangible fixed assets22/27€1,279€9,288▲
Furniture and vehicles24€1,279€9,288▲
Financial fixed assets28€134,400€134,400=
Current assets29/58€64,929€27,263▼
Amounts receivable within one year40/41€64,929€26,420▼
Trade receivables40€1,508€241▼
Other amounts receivable41€63,422€26,179▼
Cash at bank and in hand54/58€0€396▲
Deferred charges and accrued income490/1-€447
Equity and liabilities
Total equity and liabilities10/49€200,608€170,951▼
Equity10/15€59,370€61,893▲
Contributions10/11€16,200€16,200=
Reserves13€43,170€45,693▲
Distributable reserves133€43,170€45,693▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€141,238€109,059▼
Amounts payable after more than one year17€0€2,861▲
Financial debts170/4€0€2,861▲
Amounts payable within one year42/48€140,545€106,198▼
Current portion of amounts payable after more than one year42€25,984€8,108▼
Financial debts43€9,011€8,676▼
Credit institutions430/8€9,011€8,676▼
Trade debts44€88,634€42,635▼
Suppliers440/4€88,634€42,635▼
Taxes, remuneration and social security45€15,751€42,952▲
Taxes450/3€14,091€25,988▲
Remuneration and social security454/9€1,660€16,964▲
Other amounts payable47/48€1,166€3,828▲
Accrued charges and deferred income492/3€693€0▼
Income statement Code20232024
Non-recurring operating income76A-€1,499
Remuneration, social security and pensions62-€32,949
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€817€1,220▲
Other operating charges640/8€2,724€1,475▼
Non-recurring operating charges66A-€0
Gross operating margin9900€39,439€46,134▲
Operating profit (loss)9901€35,899€10,489▼
Financial income75/76B€200€17▼
Recurring financial income75€200€17▼
Non-recurring financial income76B-€0
Financial charges65/66B€4,276€4,148▼
Recurring financial charges65€4,276€4,148▼
Profit (loss) for the period before taxes9903€31,822€6,358▼
Income taxes67/77€10,024€3,835▼
Profit (loss) for the period9904€21,799€2,523▼
Profit (loss) for the period to be appropriated9905€21,799€2,523▼
Appropriation of the result
Profit (loss) to be appropriated9906€21,799€2,523▼
Transfer to equity691/2€20,133€2,523▼
To other reserves6921€20,133€2,523▼
Profit to be distributed694/7€1,666€0▼
Return on contributions (dividend)694€1,666€0▼
Social balance sheet
Average headcount (FTE)9087-0.8

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2018201920202021202220232024Change
Non-recurring operating income76A------€1,499-
Remuneration, social security and pensions62------€32,949-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€230€254€494€494€595€817€1,220▲ 49.4%
Other operating charges640/8---€452€1,941€2,724€1,475▼ 45.8%
Non-recurring operating charges66A------€0-
Gross operating margin9900€760€247€2,412€36,910€12,216€39,439€46,134▲ 17.0%
Operating profit (loss)9901€78-€628€1,406€35,963€9,680€35,899€10,489▼ 70.8%
Financial income75/76B---€172€322€200€17▼ 91.6%
Recurring financial income75--€77€172€322€200€17▼ 91.6%
Non-recurring financial income76B------€0-
Financial charges65/66B---€3,304€3,048€4,276€4,148▼ 3.0%
Recurring financial charges65€139€170€734€3,304€3,048€4,276€4,148▼ 3.0%
Profit (loss) for the period before taxes9903-€61-€798€750€32,831€6,953€31,822€6,358▼ 80.0%
Income taxes67/77---€7,443€5,364€10,024€3,835▼ 61.7%
Profit (loss) for the period9904-€61-€798€750€25,388€1,590€21,799€2,523▼ 88.4%
Profit (loss) for the period to be appropriated9905-€61-€798€750€25,388€1,590€21,799€2,523▼ 88.4%
Line2018201920202021202220232024Change
Assets
Total assets20/58€2,307€2,801€9,786€170,905€197,474€200,608€170,951▼ 14.8%
Formation expenses20€689€459€230-----
Fixed assets21/28-€770€505€134,641€136,495€135,679€143,688▲ 5.9%
Tangible fixed assets22/27-€770€505€241€2,095€1,279€9,288▲ 626%
Furniture and vehicles24---€241€2,095€1,279€9,288▲ 626%
Financial fixed assets28---€134,400€134,400€134,400€134,400=
Current assets29/58€1,618€1,572€9,051€36,264€60,978€64,929€27,263▼ 58.0%
Amounts receivable within one year40/41-€1,572€8,826€35,962€60,973€64,929€26,420▼ 59.3%
Trade receivables40---€27,496€40,614€1,508€241▼ 84.0%
Other amounts receivable41---€8,466€20,359€63,422€26,179▼ 58.7%
Current investments50/53---€185----
Cash at bank and in hand54/58€1,618---€5€0€396-
Deferred charges and accrued income490/1---€117€0-€447-
Equity and liabilities
Total equity and liabilities10/49€2,307€2,801€9,786€170,905€197,474€200,608€170,951▼ 14.8%
Equity10/15€2,307€1,509€2,259€37,647€39,237€59,370€61,893▲ 4.2%
Contributions10/11€6,200€6,200-€16,200€16,200€16,200€16,200=
Reserves13---€21,447€23,037€43,170€45,693▲ 5.8%
Distributable reserves133---€21,447€23,037€43,170€45,693▲ 5.8%
Profit (loss) carried forward14-€3,893-€4,691-€3,941--€0€0-
Amounts payable17/49-€1,292€7,527€133,258€158,237€141,238€109,059▼ 22.8%
Amounts payable after more than one year17---€55,497€22,452€0€2,861-
Financial debts170/4---€55,497€22,452€0€2,861-
Amounts payable within one year42/48-€1,292€7,527€77,761€134,524€140,545€106,198▼ 24.4%
Current portion of amounts payable after more than one year42---€32,301€33,045€25,984€8,108▼ 68.8%
Financial debts43---€7,582€14,100€9,011€8,676▼ 3.7%
Credit institutions430/8---€7,582€14,100€9,011€8,676▼ 3.7%
Trade debts44-€794€45€1,332€78,477€88,634€42,635▼ 51.9%
Suppliers440/4---€1,332€78,477€88,634€42,635▼ 51.9%
Taxes, remuneration and social security45---€10,546€8,901€15,751€42,952▲ 173%
Taxes450/3---€9,373€7,479€14,091€25,988▲ 84.4%
Remuneration and social security454/9---€1,173€1,423€1,660€16,964▲ 922%
Other amounts payable47/48---€26,000€0€1,166€3,828▲ 228%
Accrued charges and deferred income492/3----€1,261€693€0▼ 100%
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€61-€798€750€25,388€1,590€21,799€2,523▼ 88.4%
+ Depreciation and write-downs630€230€254€494€494€595€817€1,220▲ 49.4%
Operating cash flow (approximation)€169-€544€1,244€25,883€2,185€22,615€3,743▼ 83.4%
Investment in fixed assets (approximation)---€230-€134,630-€2,450€0-€9,230-
Change in cash------€5€396-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference Document
31-12-2024 abbreviated format 25-08-2025 2025-00397970 PDF
31-12-2023 abbreviated format 17-07-2024 2024-00256271 PDF
31-12-2022 abbreviated format 25-07-2023 2023-00266970 PDF
31-12-2021 micro format 04-08-2022 2022-20269614 PDF
31-12-2020 micro format 26-07-2021 2021-40000127 PDF
31-12-2019 micro format 03-07-2020 2020-25800376 PDF
31-12-2018 micro format 28-06-2019 2019-24700270 PDF
31-12-2017 micro format 29-07-2018 2018-42000056 PDF
31-12-2016 abbreviated format 29-06-2017 2017-24300134 PDF

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