KRONOS SYSTEMS
0432.257.041 · rovalta.com · 22/09/2026
ACTIVE
KRONOS SYSTEMS
Financial year 2025 · closed on 30/09/2025
Net result
1,5 M €
+59.0% YoY
Revenue
33,7 M €
+4.7% YoY
Equity
6,5 M €
+29.4% YoY
Workforce
29,0 ETP
-26.2% YoY
Overview
What does KRONOS SYSTEMS do?
KRONOS SYSTEMS is a Private limited company incorporated in 1987. Its main activity is: Manufacture of instruments and appliances for measuring, testing and navigation. Its registered office is in Asse. It employs on average 29,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0432.257.041
Incorporation
23/10/1987
Legal form
Private limited company
Registered office
Z. 1 Researchpark 70
1731 Asse · FlandreSee on map
1731 Asse · FlandreSee on map
Contributed capital
3 362 255,22 €
Latest accounts
30/09/2025
Average workforce
29,0 ETP
Activities (NACE)
Joint committees (2)
- 111
- 209
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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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 | |||||||||||||||||||||||||||||||||||||||
| Revenue | 33,7 M € | +4.7% | 32,2 M € | +23.8% | 26 M € | +26.1% | 20,6 M € | +9.1% | 18,9 M € | -0.8% | 19 M € | +39.1% | 13,7 M € | -9.6% | 15,2 M € | -0.0% | 15,2 M € | +18.5% | 12,8 M € | -0.9% | 12,9 M € | +44.9% | 8,9 M € | -6.1% | 9,5 M € | +8.6% | 8,7 M € | +81.6% | 4,8 M € | +32.2% | 3,6 M € | -17.9% | 4,4 M € | -25.3% | 5,9 M € | +31.3% | 4,5 M € | -10.2% | 5 M € |
| EBITDA | 2,1 M € | +10.3% | 1,9 M € | +47.6% | 1,3 M € | +1236% | -112,8 k € | -129% | 390,6 k € | -70.5% | 1,3 M € | +53.3% | 862,6 k € | -23.2% | 1,1 M € | -9.5% | 1,2 M € | +40.8% | 881,1 k € | -36.8% | 1,4 M € | +994% | -155,9 k € | -4.1% | -149,7 k € | -241% | 106,5 k € | -92.8% | 1,5 M € | +286% | -791,9 k € | +62.1% | -2,1 M € | -160% | -804,6 k € | -84.3% | -436,5 k € | -314% | 203,6 k € |
| Operating result | 1,9 M € | +16.7% | 1,6 M € | +70.5% | 950,8 k € | +284% | -517,8 k € | -606% | 102,4 k € | -87.4% | 810,6 k € | +138% | 341,1 k € | -54.9% | 757 k € | -14.0% | 880 k € | +18.9% | 740,4 k € | -40.8% | 1,3 M € | +484% | -326 k € | -163% | 515,8 k € | +841% | -69,6 k € | -105% | 1,3 M € | +225% | -1 M € | +57.2% | -2,4 M € | -117% | -1,1 M € | -76.4% | -623 k € | -9232% | 6,8 k € |
| Net result | 1,5 M € | +59.0% | 922,7 k € | +35.3% | 681,9 k € | +107% | 329,3 k € | +12503% | -2,7 k € | -100% | 2,5 M € | +181% | 875,8 k € | -9.5% | 968,2 k € | -12.4% | 1,1 M € | -0.0% | 1,1 M € | -13.0% | 1,3 M € | +660% | -227 k € | -139% | 587,6 k € | +265% | 160,9 k € | -94.8% | 3,1 M € | +154% | -5,7 M € | -69.5% | -3,4 M € | -28.6% | -2,6 M € | -64.2% | -1,6 M € | -2679% | 61,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 6,5 M € | +29.4% | 5 M € | +22.7% | 4,1 M € | +20.1% | 3,4 M € | +10.8% | 3,1 M € | -0.1% | 3,1 M € | -56.4% | 7 M € | +14.3% | 6,1 M € | +18.7% | 5,2 M € | +27.2% | 4,1 M € | +37.3% | 3 M € | +74.9% | 1,7 M € | -11.9% | 1,9 M € | +43.8% | 1,3 M € | +13.5% | 1,2 M € | +162% | -1,9 M € | -540% | -295,7 k € | +56.2% | -675 k € | -135% | 1,9 M € | -41.4% | 3,3 M € |
| Total assets | 38,8 M € | +15.0% | 33,8 M € | +45.3% | 23,2 M € | -4.1% | 24,2 M € | +31.5% | 18,4 M € | +4.6% | 17,6 M € | +1.5% | 17,4 M € | +21.3% | 14,3 M € | +21.8% | 11,8 M € | +0.8% | 11,7 M € | +18.5% | 9,8 M € | +31.1% | 7,5 M € | +1.9% | 7,4 M € | +24.6% | 5,9 M € | +4.9% | 5,6 M € | +97.4% | 2,9 M € | -39.6% | 4,7 M € | +31.0% | 3,6 M € | -24.5% | 4,8 M € | -23.0% | 6,2 M € |
| Cash | 15,5 M € | +30.2% | 11,9 M € | +209% | 3,9 M € | -54.6% | 8,5 M € | -21.2% | 10,8 M € | +36.9% | 7,9 M € | +58.5% | 5 M € | -32.2% | 7,3 M € | +95.7% | 3,8 M € | -20.6% | 4,7 M € | +11.3% | 4,2 M € | +37.0% | 3,1 M € | +27.8% | 2,4 M € | +173% | 889,5 k € | -9.9% | 987,6 k € | +342% | 223,2 k € | +38.6% | 161 k € | +189% | 55,8 k € | -41.6% | 95,5 k € | -71.6% | 336,5 k € |
| Debts | 15,8 M € | +26.2% | 12,5 M € | +61.9% | 7,7 M € | -19.8% | 9,6 M € | +24.6% | 7,7 M € | +4.2% | 7,4 M € | +38.6% | 5,4 M € | -12.8% | 6,1 M € | +24.5% | 4,9 M € | -15.4% | 5,8 M € | -2.9% | 6 M € | +21.2% | 5 M € | +9.1% | 4,5 M € | +24.7% | 3,6 M € | -7.4% | 3,9 M € | -10.4% | 4,4 M € | -6.4% | 4,7 M € | +19.9% | 3,9 M € | +57.7% | 2,5 M € | +14.1% | 2,2 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 29,0 ETP | -26.2% | 39,3 ETP | -15.1% | 46,3 ETP | -0.2% | 46,4 ETP | +4.7% | 44,3 ETP | -6.5% | 47,4 ETP | -11.7% | 53,7 ETP | -12.4% | 61,3 ETP | +0.8% | 60,8 ETP | +7.6% | 56,5 ETP | +30.8% | 43,2 ETP | +20.7% | 35,8 ETP | +2.3% | 35,0 ETP | 0.0% | 35,0 ETP | +22.4% | 28,6 ETP | -7.4% | 30,9 ETP | -26.8% | 42,2 ETP | +0.7% | 41,9 ETP | +8.0% | 38,8 ETP | +12.5% | 34,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 5 active · 44 ended
Active mandates
Graham Taylor
ActiveRussell Howe
ActiveStacy-Ann Smith
ActiveDavid Gove
ActiveJohn Butler
ActiveEnded mandates
Christopher Todd
EndedChristopher Todd
EndedAron Ain
EndedAron Ain
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 01/04/2026 | 07/03/2025 | 27/03/2024 | 31/03/2023 | 31/03/2022 | 18/03/2021 |
| General meeting | 04/03/2026 | 05/03/2025 | 06/03/2024 | 01/03/2023 | 02/03/2022 | 03/03/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 30/09/2025 | 04/03/2026 | 01/04/2026 | Dutch | |
| Full model | 30/09/2024 | 05/03/2025 | 07/03/2025 | Dutch | |
| Full model | 30/09/2023 | 06/03/2024 | 27/03/2024 | Dutch | |
| Full model | 30/09/2022 | 01/03/2023 | 31/03/2023 | Dutch | |
| Full model | 30/09/2021 | 02/03/2022 | 31/03/2022 | Dutch | |
| Full model | 30/09/2020 | 03/03/2021 | 18/03/2021 | Dutch | |
| Full model | 30/09/2019 | 31/03/2020 | 03/04/2020 | Dutch | |
| Full model | 30/09/2018 | 06/03/2019 | 27/03/2019 | Dutch | |
| Full model | 30/09/2017 | 07/03/2018 | 29/03/2018 | Dutch | |
| Full model | 30/09/2016 | 01/03/2017 | 07/03/2017 | Dutch | |
| Full model | 30/09/2015 | 02/03/2016 | 25/03/2016 | Dutch | |
| Full model | 30/09/2014 | 04/03/2015 | 02/04/2015 | Dutch | |
| Full model | 30/09/2013 | 05/03/2014 | 25/03/2014 | Dutch | |
| Full model | 30/09/2012 | 06/03/2013 | 26/03/2013 | Dutch | |
| Full model | 30/09/2011 | 07/03/2012 | 28/03/2012 | Dutch | |
| Full model | 30/09/2010 | 02/03/2011 | 30/03/2011 | Dutch | |
| Full model | 30/09/2009 | 03/03/2010 | 25/03/2010 | Dutch | |
| Full model | 30/09/2008 | 31/03/2009 | 24/04/2009 | Dutch | |
| Full model | 30/09/2007 | 26/03/2008 | 15/04/2008 | Dutch | |
| Full model | 31/12/2006 | 02/05/2007 | 24/05/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 5 active · 44 ended
Active mandates
Graham Taylor
ActiveRussell Howe
ActiveStacy-Ann Smith
ActiveDavid Gove
ActiveJohn Butler
ActiveEnded mandates
Christopher Todd
EndedChristopher Todd
EndedAron Ain
EndedAron Ain
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other13/05/2026DIVERSEN
- Mandates24/04/2025ONTSLAGEN - BENOEMINGEN
- Other06/12/2024DIVERSEN
- Mandates08/10/2024ONTSLAGEN - BENOEMINGEN
- Mandates17/07/2024ONTSLAGEN - BENOEMINGEN
- Mandates16/07/2024ONTSLAGEN - BENOEMINGEN
- Mandates04/05/2023ONTSLAGEN - BENOEMINGEN
- Mandates18/07/2022ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,5 M €↑
- 2024Annual accounts 2024922,7 k €↑
- 2023Annual accounts 2023681,9 k €↑
- 2022Annual accounts 2022329,3 k €↑
- 2021Annual accounts 2021-2,7 k €↓
- 2020Annual accounts 20202,5 M €↑
- 2019Annual accounts 2019875,8 k €↓
- 2018Annual accounts 2018968,2 k €↓
- 2017Annual accounts 20171,1 M €↓
- 2016Annual accounts 20161,1 M €↓
- 2015Annual accounts 20151,3 M €↑
- 2014Annual accounts 2014-227 k €↓
- 2013Annual accounts 2013587,6 k €↑
- 2012Annual accounts 2012160,9 k €↓
- 2011Annual accounts 20113,1 M €↑
- 2010Annual accounts 2010-5,7 M €↓
- 2009Annual accounts 2009-3,4 M €↓
- 2008Annual accounts 2008-2,6 M €↓
- 2007Annual accounts 2007-1,6 M €↓
- 2006Annual accounts 200661,9 k €
- 23/10/1987IncorporationPrivate limited company