ACTIVE

KDS-Projects

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Financial year 2025 · closed on 31/12/2025

Net result

33,4 k €

-26.5% YoY

Gross margin

99,7 k €

+3.9% YoY

Equity

585,9 k €

+6.0% YoY

What does KDS-Projects do?

KDS-Projects is a Public limited company incorporated in 1983. Its main activity is: Manufacture of furniture. Its registered office is in Scherpenheuvel-Zichem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.376.393

Incorporation

11/01/1983

Legal form

Public limited company

Registered office

Groenhoef 11
3270 Scherpenheuvel-Zichem · FlandreSee on map

Contributed capital

85 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

31004Manufacture of furniture· main 31091Manufacture of other furniture 36141Water collection, treatment and supply 46732Wholesale of wood, construction materials and sanitary equipment 46832Wholesale trade, except of motor vehicles and motorcycles 47551Retail sale of other household equipment in specialised stores+5

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	99,7 k €	+3.9%	96 k €	+0.3%	95,6 k €	-10.9%	107,3 k €	+50.6%	71,3 k €	+163%	27,1 k €	-66.4%	80,7 k €	-6.0%	85,9 k €	-25.8%	115,8 k €	+41.8%	81,6 k €	+26.7%	64,4 k €	-21.9%	82,4 k €	+15.1%	71,6 k €	+56.8%	45,7 k €	-33.9%	69,1 k €	-33.6%	104,1 k €	-17.8%	126,7 k €	-28.9%	178,2 k €	-3.1%	183,9 k €	+223%	57 k €
EBITDA	82,3 k €	-11.6%	93 k €	+0.3%	92,7 k €	-10.7%	103,9 k €	+55.4%	66,9 k €	+170%	24,8 k €	-42.4%	43 k €	+14.0%	37,7 k €	-26.5%	51,4 k €	+39.7%	36,8 k €	+63.6%	22,5 k €	-44.0%	40,2 k €	+32.5%	30,3 k €	+526%	4,8 k €	-83.5%	29,4 k €	-56.2%	67,1 k €	-28.6%	94,1 k €	-32.0%	138,3 k €	-4.7%	145,2 k €	+306%	35,8 k €
Operating result	61,3 k €	-19.9%	76,6 k €	+0.4%	76,3 k €	-12.1%	86,8 k €	+74.3%	49,8 k €	+166%	18,7 k €	-49.4%	36,9 k €	-0.4%	37,1 k €	-5.5%	39,2 k €	+59.3%	24,6 k €	+138%	10,3 k €	-63.1%	28 k €	+54.2%	18,2 k €	+1670%	-1,2 k €	-105%	23,4 k €	-58.2%	55,9 k €	-31.4%	81,5 k €	-34.5%	124,5 k €	-1.5%	126,4 k €	+323%	29,9 k €
Net result	33,4 k €	-26.5%	45,4 k €	+1.9%	44,6 k €	+16.9%	38,2 k €	+69.0%	22,6 k €	+2081%	1 k €	-80.3%	5,3 k €	-24.7%	7 k €	-61.2%	18 k €	+56.7%	11,5 k €	+1263%	-986,3 €	-109%	11 k €	+202%	3,6 k €	+119%	-19,3 k €	-3428%	581,2 €	-97.2%	20,5 k €	-42.7%	35,7 k €	-46.9%	67,4 k €	+18.2%	57 k €	+184%	20,1 k €
Balance sheet
Equity	585,9 k €	+6.0%	552,5 k €	+9.0%	507,1 k €	+9.6%	462,5 k €	+9.0%	424,4 k €	+5.6%	401,8 k €	+0.3%	400,8 k €	+1.3%	395,5 k €	+1.8%	388,5 k €	+4.8%	370,6 k €	+3.2%	359,1 k €	-0.3%	360,1 k €	+3.2%	349,1 k €	+1.1%	345,4 k €	-5.3%	364,8 k €	+0.2%	364,2 k €	+6.0%	343,7 k €	+11.6%	308 k €	+28.0%	240,6 k €	+31.0%	183,6 k €
Total assets	882,8 k €	-9.4%	974,7 k €	+37.0%	711,3 k €	-6.3%	759,1 k €	+7.8%	704,1 k €	-22.8%	912,6 k €	-22.6%	1,2 M €	-36.2%	1,8 M €	+168%	690,2 k €	+14.3%	603,6 k €	+15.3%	523,5 k €	-14.6%	612,7 k €	-29.1%	863,7 k €	+25.4%	688,8 k €	-25.7%	927 k €	-16.0%	1,1 M €	+2.1%	1,1 M €	+23.1%	877,8 k €	-11.6%	992,6 k €	+245%	287,5 k €
Cash	265 k €	+153%	104,8 k €	-26.3%	142,1 k €	-55.6%	320,1 k €	+53.5%	208,6 k €	+100%	104,1 k €	-38.1%	168,2 k €	-17.7%	204,4 k €	-6.9%	219,5 k €	+245%	63,5 k €	-1.8%	64,7 k €	-59.7%	160,5 k €	+241%	47 k €	+18.7%	39,6 k €	+14.5%	34,6 k €	+26.8%	27,3 k €	-57.2%	63,8 k €	+661%	8,4 k €		–		49,5 k €
Debts	296,9 k €	-29.7%	422,2 k €	+107%	204,1 k €	-31.2%	296,6 k €	+6.0%	279,7 k €	-45.2%	510,8 k €	-34.3%	777,9 k €	-46.4%	1,5 M €	+381%	301,7 k €	+29.5%	233 k €	+41.8%	164,4 k €	-34.9%	252,7 k €	-50.9%	514,6 k €	+49.9%	343,4 k €	-38.9%	562,2 k €	-23.9%	739,2 k €	+0.3%	736,8 k €	+29.3%	569,8 k €	-24.2%	751,9 k €	+624%	103,8 k €
Other
Workforce	–		–		–		–		–		–		0,8 ETP		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+400%	0,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Karel DeSchryver

Director · since 06 octobre 2023 · until 25 mai 2029

Active

Lyndsey Adang

Director · since 06 octobre 2023 · until 25 mai 2029

Active

Ended mandates

Karel Deschryver

Managing director · since 06 octobre 2023 · until 25 mai 2029

Ended

Lyndsey Adang

Director · since 01 octobre 2019 · until 27 mai 2026

Ended

Lyndsey Adang

Director · since 01 octobre 2019 · until 31 mai 2026

Ended

BOUWBEDRIJF DESKA

Director · since 26 mai 2017 · until 26 mai 2023 · 0474.852.018

Represented by Karel Deschryver

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/06/2026	22/08/2025	28/06/2024	06/04/2023	22/08/2022	23/07/2021
General meeting	29/05/2026	30/05/2025	24/05/2024	31/03/2023	27/05/2022	28/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	01/06/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	22/08/2025	Dutch	PDF
Abridged model	31/12/2023	24/05/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	31/03/2023	06/04/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	22/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	23/07/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	25/08/2020	Dutch	PDF
Micro model	31/12/2018	24/05/2019	24/07/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	04/06/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	21/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	16/08/2016	Dutch	PDF
Abridged model	31/12/2014	22/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	23/05/2014	04/07/2014	Dutch	PDF
Abridged model	31/12/2012	24/05/2013	18/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	18/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	25/08/2009	Dutch	PDF
Abridged model	31/12/2007	23/05/2008	17/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	10/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2025 · 2 active · 19 ended

Active mandates

Karel DeSchryver

Director · since 06 octobre 2023 · until 25 mai 2029

Active

Lyndsey Adang

Director · since 06 octobre 2023 · until 25 mai 2029

Active

Ended mandates

Karel Deschryver

Managing director · since 06 octobre 2023 · until 25 mai 2029

Ended

Lyndsey Adang

Director · since 01 octobre 2019 · until 27 mai 2026

Ended

Lyndsey Adang

Director · since 01 octobre 2019 · until 31 mai 2026

Ended

BOUWBEDRIJF DESKA

Director · since 26 mai 2017 · until 26 mai 2023 · 0474.852.018

Represented by Karel Deschryver

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/12/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/04/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/01/2012
KAPITAAL - AANDELEN
PDF
Mandates15/12/2011
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/02/2008
MAATSCHAPPELIJKE ZETEL
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

2025
Annual accounts 202533,4 k €↓
2024
Annual accounts 202445,4 k €↑
2023
Annual accounts 202344,6 k €↑
2022
Annual accounts 202238,2 k €↑
2021
Annual accounts 202122,6 k €↑
2020
Annual accounts 20201 k €↓
2019
Annual accounts 20195,3 k €↓
2018
Annual accounts 20187 k €↓
2017
Annual accounts 201718 k €↑
2016
Annual accounts 201611,5 k €↑
2015
Annual accounts 2015-986,3 €↓
2014
Annual accounts 201411 k €↑
2013
Annual accounts 20133,6 k €↑
2012
Annual accounts 2012-19,3 k €↓
2011
Annual accounts 2011581,2 €↓
2010
Annual accounts 201020,5 k €↓
2009
Annual accounts 200935,7 k €↓
2008
Annual accounts 200867,4 k €↑
2007
Annual accounts 200757 k €↑
2006
Annual accounts 200620,1 k €
11/01/1983
IncorporationPublic 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

KDS-Projects

Overview

What does KDS-Projects do?

Trend over 20 financial years

Indicative valuation

Board of directors

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