ACTIVE

KKB Latem

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Financial year 2024 · closed on 31/12/2024

Net result

22,5 k €

-87.9% YoY

Gross margin

1,4 M €

+10.9% YoY

Equity

724,5 k €

+3.2% YoY

Workforce

12,0 ETP

+10.1% YoY

What does KKB Latem do?

KKB Latem is a Private limited company incorporated in 1980. Its registered office is in Sint-Martens-Latem. It employs on average 12,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0420.142.335

Incorporation

14/02/1980

Legal form

Private limited company

Registered office

Kortrijksesteenweg 3
9830 Sint-Martens-Latem · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2024

Average workforce

12,0 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2008		2007
Income statement
Gross margin	1,4 M €	+10.9%	1,3 M €	-1.7%	1,3 M €	+72.1%	742,6 k €	+9.9%	675,7 k €	+36.8%	493,8 k €	-37.4%	789 k €	-4.6%	827,1 k €	+87.6%	440,8 k €	-12.2%	502,2 k €	+99.6%	251,6 k €	-37.2%	400,4 k €	-43.4%	707,2 k €	-10.7%	791,8 k €	-32.8%	1,2 M €	+414%	229,3 k €	+71.4%	133,8 k €
EBITDA	176,9 k €	-46.2%	328,8 k €	-18.5%	403,6 k €	+771%	46,3 k €	-70.0%	154,2 k €	+11.4%	138,4 k €	-74.5%	542,7 k €	-10.9%	608,8 k €	+216%	192,5 k €	-29.0%	271 k €	+508%	-66,5 k €	-191%	72,6 k €	-53.0%	154,7 k €	-51.5%	318,7 k €	-54.4%	698,2 k €	+352%	154,4 k €	+68.3%	91,8 k €
Operating result	11,4 k €	-95.3%	241,2 k €	-22.6%	311,5 k €	+3850%	-8,3 k €	-109%	93,3 k €	+13.1%	82,5 k €	-83.2%	490,2 k €	-11.7%	555,4 k €	+287%	143,4 k €	-43.8%	255,4 k €	+368%	-95,2 k €	-1448%	-6,1 k €	-108%	79,8 k €	-64.2%	222,9 k €	-61.3%	575,3 k €	+352%	127,3 k €	+101%	63,5 k €
Net result	22,5 k €	-87.9%	186,1 k €	-21.2%	236,2 k €	+859%	24,6 k €	-68.4%	77,9 k €	+23.6%	63 k €	-81.0%	332,4 k €	-12.3%	378,9 k €	+254%	107 k €	-48.4%	207,4 k €	+341%	-86,2 k €	-1072%	8,9 k €	-65.3%	25,6 k €	-87.2%	200,3 k €	-54.2%	437 k €	+350%	97,2 k €	+95.8%	49,6 k €
Balance sheet
Equity	724,5 k €	+3.2%	702 k €	+36.1%	516 k €	+84.4%	279,8 k €	+9.7%	255,1 k €	+7.5%	237,2 k €	+1.3%	234,2 k €	-7.0%	251,8 k €	+12.9%	222,9 k €	+3.2%	215,9 k €	+3.6%	208,5 k €	-29.2%	294,7 k €	+3.1%	285,8 k €	-49.0%	560,2 k €	+55.6%	359,9 k €	+108%	172,9 k €	+128%	75,8 k €
Total assets	2 M €	-33.1%	3 M €	+37.3%	2,2 M €	-0.9%	2,2 M €	+116%	1 M €	-8.1%	1,1 M €	-13.6%	1,3 M €	-10.9%	1,5 M €	+64.5%	882 k €	+2.2%	863,2 k €	+63.1%	529,3 k €	-18.6%	650,3 k €	-43.6%	1,2 M €	-26.3%	1,6 M €	+0.7%	1,6 M €	+190%	534,5 k €	+21.6%	439,5 k €
Cash	613,2 k €	-44.5%	1,1 M €	+38.8%	796,5 k €	+160%	306,5 k €	-42.3%	531,4 k €	-28.2%	740,1 k €	+16.3%	636,3 k €	-28.5%	889,3 k €	+98.4%	448,4 k €	-29.5%	636,3 k €	+106%	308,8 k €	+22.0%	253,1 k €	-48.7%	493,6 k €	-10.9%	554,3 k €	-29.8%	789,5 k €	+149%	317,4 k €	+111%	150,8 k €
Debts	1,2 M €	-43.2%	2,1 M €	+36.8%	1,6 M €	-15.9%	1,9 M €	+143%	766,2 k €	-12.8%	878,9 k €	-17.0%	1,1 M €	-11.7%	1,2 M €	+81.9%	659,1 k €	+1.8%	647,3 k €	+102%	320,9 k €	-9.8%	355,6 k €	-59.0%	866,9 k €	-13.6%	1 M €	-14.0%	1,2 M €	+251%	332,4 k €	-8.6%	363,7 k €
Other
Workforce	12,0 ETP	+10.1%	10,9 ETP	-9.2%	12,0 ETP	+33.3%	9,0 ETP		–		5,0 ETP	+25.0%	4,0 ETP	0.0%	4,0 ETP	+33.3%	3,0 ETP	-25.0%	4,0 ETP	-20.0%	5,0 ETP	0.0%	5,0 ETP	-44.4%	9,0 ETP	-25.0%	12,0 ETP	+50.0%	8,0 ETP	+300%	2,0 ETP	+100%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 6 ended

Active mandates

Kitchen Partners

Director · since 28 décembre 2023 · 0897.990.663

Represented by Wouter Blanchaert

Active

Ended mandates

B&D

Manager · since 01 juin 2008 · 0897.736.978

Represented by Wouter BLANCHAERT

Ended

B&D

Director · since 01 juin 2008 · 0897.736.978

Represented by Wouter Blanchaert

Ended

B&D

Manager · since 01 juin 2008 · 0897.736.978

Represented by Wouter Blanchaert

Ended

Kitchen Partners

Manager · since 27 mai 2008 · 0897.990.663

Represented by Wouter BLANCHAERT

Ended

At this address

Other companies at this address

Company	CBE no.
Badelco● Active	1037.302.360
B&D● Active	0897.736.978
DIOSTE ESTATE● Active	0749.861.270
GENTRI● Active	0450.393.269
Kitchen Partners● Active	0897.990.663
Lokris Estate● Active	1005.553.963
Roulers Estate● Active	0700.921.703

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019	01/04/2018
Closing of the financial year	31/12/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020	31/03/2019
Length of the financial year	21 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/07/2025	19/11/2023	26/10/2022	23/11/2021	07/10/2020	29/10/2019
General meeting	18/07/2025	17/11/2023	30/09/2022	19/11/2021	02/10/2020	25/10/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	18/07/2025	22/07/2025	Dutch	PDF
Abridged model	31/03/2023	17/11/2023	19/11/2023	Dutch	PDF
Abridged model	31/03/2022	30/09/2022	26/10/2022	Dutch	PDF
Abridged model	31/03/2021	19/11/2021	23/11/2021	Dutch	PDF
Abridged model	31/03/2020	02/10/2020	07/10/2020	Dutch	PDF
Abridged model	31/03/2019	25/10/2019	29/10/2019	Dutch	PDF
Abridged model	31/03/2018	26/10/2018	29/10/2018	Dutch	PDF
Abridged model	31/03/2017	13/10/2017	18/10/2017	Dutch	PDF
Abridged model	31/03/2016	19/09/2016	26/09/2016	Dutch	PDF
Abridged model	31/03/2015	18/09/2015	14/10/2015	Dutch	PDF
Abridged model	31/03/2014	26/09/2014	29/09/2014	Dutch	PDF
Abridged model	31/03/2013	20/09/2013	24/10/2013	Dutch	PDF
Abridged model	31/03/2012	19/10/2012	26/10/2012	Dutch	PDF
Abridged model	31/03/2011	16/09/2011	03/11/2011	Dutch	PDF
Abridged model	31/03/2010	17/09/2010	28/09/2010	Dutch	PDF
Abridged model	30/06/2008	09/01/2009	29/01/2009	Dutch	PDF
Abridged model	30/06/2007	21/12/2007	17/01/2008	Dutch	PDF
Abridged model	30/06/2006	05/01/2007	17/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 6 ended

Active mandates

Kitchen Partners

Director · since 28 décembre 2023 · 0897.990.663

Represented by Wouter Blanchaert

Active

Ended mandates

B&D

Manager · since 01 juin 2008 · 0897.736.978

Represented by Wouter BLANCHAERT

Ended

B&D

Director · since 01 juin 2008 · 0897.736.978

Represented by Wouter Blanchaert

Ended

B&D

Manager · since 01 juin 2008 · 0897.736.978

Represented by Wouter Blanchaert

Ended

Kitchen Partners

Manager · since 27 mai 2008 · 0897.990.663

Represented by Wouter BLANCHAERT

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates23/02/2010
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates30/06/2009
ONTSLAGEN - BENOEMINGEN
PDF
Other09/06/2009
BOEKJAAR
PDF
Mandates05/11/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2005
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/01/2005
MAATSCHAPPELIJKE ZETEL - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - BOEKJAAR - ALGEMENE VERGADERING
PDF
Restructuring13/11/2003
DIVERSEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202422,5 k €↓
2024
Name changeKKB LATEM
2023
Annual accounts 2023186,1 k €↓
2022
Annual accounts 2022236,2 k €↑
2022
Name changeDE KEUKENBOUWER LATEM
2021
Annual accounts 202124,6 k €↓
2020
Annual accounts 202077,9 k €↑
2019
Annual accounts 201963 k €↓
2018
Annual accounts 2018332,4 k €↓
2017
Annual accounts 2017378,9 k €↑
2016
Annual accounts 2016107 k €↓
2015
Annual accounts 2015207,4 k €↑
2014
Annual accounts 2014-86,2 k €↓
2013
Annual accounts 20138,9 k €↓
2012
Annual accounts 201225,6 k €↓
2011
Annual accounts 2011200,3 k €↓
2010
Annual accounts 2010437 k €↑
2008
Annual accounts 200897,2 k €↑
2007
Annual accounts 200749,6 k €
2007
Name changeDe KeuKenBouwer
14/02/1980
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KKB Latem

Overview

What does KKB Latem do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline