KP BEMIDDELING
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 01-01-2026.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
8 d early
2024
8 d early
2023
72 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 19 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€21,381▲ 520%
2024 · €3,448
Total assets
€157,513▼ 36.0%
2024 · €246,268
Net result
€17,934▼ 20.1%
2024 · €22,448
Working capital
-€16,644▲ 56.8%
2024 · -€38,549
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€276,463-€25,240▼ 90.9%€16,502▼ 34.6%
Net result€205,734-€22,448▼ 89.1%€17,934▼ 20.1%
Equity€1,000-€3,448▲ 245%€21,381▲ 520%
Total assets€642,239-€246,268▼ 61.7%€157,513▼ 36.0%
Debt€641,239-€242,820▼ 62.1%€136,131▼ 43.9%
Working capital-€97,026--€38,549▲ 60.3%-€16,644▲ 56.8%
Staff (FTE)0.8-0▼ 100%0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 35% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157,513
Fixed assets
€99,022 ▼ 25.5%
Current assets
€58,491 ▼ 48.4%
Equity and liabilities €157,513
Equity
€21,381 ▲ 520%
Debt
€136,131 ▼ 43.9%
Debt's share of the balance-sheet total falls from 98.6% to 86.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50,408▼
2024 · €59,296
Cash flow
€51,839▼
2024 · €56,504
Current ratio
0.78▲
2024 · 0.75
Debt to equity
6.37▼
2024 · 70.43
ROE
83.9%▼
2024 · 651.1%
ROA
11.4%▲
2024 · 9.1%
Interest coverage
4.85▼
2024 · 10.64
Debt ≤ 1 year
€75,135▼
2024 · €151,890
Debt > 1 year
€60,997▼
2024 · €90,930
Income taxes
€8,864▲
2024 · €1,722
Staff costs
€0▼
2024 · €100
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | €11,250 | €2,092 | €8,001 | ▲ 283% |
| Remuneration, social security and pensions62 | €57,944 | €100 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,454 | €34,057 | €33,905 | ▼ 0.4% |
| Other operating charges640/8 | €1,727 | €505 | €520 | ▲ 2.8% |
| Non-recurring operating charges66A | €3,802 | €0 | - | - |
| Gross operating margin9900 | €393,391 | €59,902 | €50,927 | ▼ 15.0% |
| Operating profit (loss)9901 | €276,463 | €25,240 | €16,502 | ▼ 34.6% |
| Financial income75/76B | €3,148 | €4,501 | €20,678 | ▲ 359% |
| Recurring financial income75 | €3,148 | €4,501 | €20,678 | ▲ 359% |
| Financial charges65/66B | €3,611 | €5,571 | €10,383 | ▲ 86.4% |
| Recurring financial charges65 | €3,611 | €5,571 | €10,383 | ▲ 86.4% |
| Profit (loss) for the period before taxes9903 | €276,000 | €24,170 | €26,798 | ▲ 10.9% |
| Income taxes67/77 | €70,266 | €1,722 | €8,864 | ▲ 415% |
| Profit (loss) for the period9904 | €205,734 | €22,448 | €17,934 | ▼ 20.1% |
| Profit (loss) for the period to be appropriated9905 | €205,734 | €22,448 | €17,934 | ▼ 20.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €642,239 | €246,268 | €157,513 | ▼ 36.0% |
| Fixed assets21/28 | €226,767 | €132,927 | €99,022 | ▼ 25.5% |
| Intangible fixed assets21 | €163,386 | €130,528 | €97,671 | ▼ 25.2% |
| Tangible fixed assets22/27 | €63,381 | €2,399 | €1,350 | ▼ 43.7% |
| Plant, machinery and equipment23 | €58,204 | €341 | €0 | ▼ 100% |
| Furniture and vehicles24 | €5,177 | €2,058 | €1,350 | ▼ 34.4% |
| Financial fixed assets28 | €0 | - | - | - |
| Current assets29/58 | €415,472 | €113,341 | €58,491 | ▼ 48.4% |
| Amounts receivable within one year40/41 | €77,530 | €53,283 | €28,085 | ▼ 47.3% |
| Trade receivables40 | €60,104 | €53,283 | €28,085 | ▼ 47.3% |
| Other amounts receivable41 | €17,426 | €0 | - | - |
| Current investments50/53 | €50,171 | €47,345 | €24,883 | ▼ 47.4% |
| Cash at bank and in hand54/58 | €283,280 | €12,713 | €5,524 | ▼ 56.6% |
| Deferred charges and accrued income490/1 | €4,492 | €0 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €642,239 | €246,268 | €157,513 | ▼ 36.0% |
| Equity10/15 | €1,000 | €3,448 | €21,381 | ▲ 520% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €0 | €2,448 | €20,381 | ▲ 733% |
| Non-distributable reserves130/1 | €0 | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - |
| Distributable reserves133 | €0 | €2,448 | €20,381 | ▲ 733% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €641,239 | €242,820 | €136,131 | ▼ 43.9% |
| Amounts payable after more than one year17 | €128,741 | €90,930 | €60,997 | ▼ 32.9% |
| Financial debts170/4 | €128,741 | €90,930 | €60,997 | ▼ 32.9% |
| Amounts payable within one year42/48 | €512,498 | €151,890 | €75,135 | ▼ 50.5% |
| Current portion of amounts payable after more than one year42 | €33,263 | €29,562 | €29,933 | ▲ 1.3% |
| Trade debts44 | €21,655 | €98,003 | €39,949 | ▼ 59.2% |
| Suppliers440/4 | €21,655 | €98,003 | €39,949 | ▼ 59.2% |
| Taxes, remuneration and social security45 | €9,639 | €407 | €3,633 | ▲ 792% |
| Taxes450/3 | €9,393 | €407 | €3,633 | ▲ 792% |
| Remuneration and social security454/9 | €246 | €0 | - | - |
| Other amounts payable47/48 | €447,940 | €23,918 | €1,620 | ▼ 93.2% |
| Accrued charges and deferred income492/3 | €0 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €205,734 | €22,448 | €17,934 | ▼ 20.1% |
| + Depreciation and write-downs630 | €53,454 | €34,057 | €33,905 | ▼ 0.4% |
| Operating cash flow (approximation) | €259,188 | €56,504 | €51,839 | ▼ 8.3% |
| Investment in fixed assets (approximation) | - | €59,783 | €0 | ▼ 100% |
| Change in cash | - | -€270,567 | -€7,189 | ▲ 97.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
15-01
State Gazette act
Restructuring · End & cessationResignation: COVACO (director) · Permanent representative: COOLS Vincent · Merger5 facts ▸
State Gazette act
Restructuring · End & cessation
Resignation: COVACO (director) · Permanent representative: COOLS Vincent · Merger5 facts ▸
- General meeting, 18-12-2025
- Merger, absorption, without liquidation
- Dissolution, 01-01-2026
- Director resignation, COVACO (director)
- Permanent representative, COOLS Vincent
2025
31-12
Financial
Weakest financial yearnet €17,934 ▼20.1%
Net result drops to €17,934, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 72 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Mandate history
1 person since 2025, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| COVACO |
|
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: MIURA. The sources do not say who stands above it.
Owners 1
- COVACOparentSourceaccounts COVACO 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:COVACO
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 638 EUR awarded · 638 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 638 EUR | 638 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
89450027WF4OIY8EIA52