ACTIVE

KIA ORA

Financial year 2025 · closed on 31/12/2025
Net result
-16,5 k €
+26.9% YoY
Gross margin
18,3 k €
+51.2% YoY
Equity
3,5 M €
-0.5% YoY

What does KIA ORA do?

KIA ORA is a Public limited company incorporated in 1988. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0436.213.255
Incorporation
13/12/1988
Legal form
Public limited company
Registered office
Wolvendreef(Kor) 18
8500 Kortrijk · FlandreSee on map
Contributed capital
3 718 402,87 €
Latest accounts
31/12/2025
Signals
Solid equityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201720162015201420132012201120102009200820072006
Income statement
Gross margin18,3 k €12,1 k €10,3 k €15,3 k €20,3 k €38,3 k €45,1 k €37,5 k €38,8 k €29,8 k €42,5 k €8,2 k €18,6 k €19 k €18,1 k €17,4 k €53,4 k €
EBITDA4,6 k €-1,5 k €-4 k €2,9 k €8,1 k €27,7 k €34,9 k €27,6 k €29,4 k €21,9 k €35,3 k €1,5 k €12,3 k €13 k €12,3 k €12,6 k €48,6 k €
Operating result-16,4 k €-22,5 k €-25 k €-18,1 k €-12,9 k €10,1 k €19,9 k €12,7 k €14,5 k €6,9 k €20,3 k €-13,5 k €-2,7 k €4 k €3,3 k €3,7 k €39,7 k €
Net result-16,5 k €-22,5 k €-25,1 k €-18,1 k €-13 k €10,1 k €19,9 k €12,7 k €14,5 k €6,9 k €20,4 k €-13,5 k €-2,1 k €5,2 k €5,3 k €3,7 k €39,3 k €
Balance sheet
Equity3,5 M €3,5 M €3,5 M €3,6 M €3,6 M €3,7 M €3,7 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €
Total assets3,5 M €3,5 M €3,5 M €3,6 M €3,6 M €3,7 M €3,7 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €3,6 M €
Cash97,6 k €93,1 k €107,3 k €98,1 k €95,1 k €157,9 k €156,3 k €121,4 k €93,7 k €64,3 k €82,4 k €47 k €45,6 k €13,1 k €3,9 k €64,8 k €52,2 k €
Debts0 €12,7 k €0 €128 €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

Patrivas

Director · since 02 juin 2000 · until 07 juin 2030 · 0424.355.105

Represented by VANDECASTEELE Margaux

Active
Stefaan VANDECASTEELE

Chairman of the board of directors · since 02 juin 2000 · until 07 juin 2030

Active
ANASSA

Managing director · since 07 juillet 1994 · until 07 juin 2030 · 0401.386.592

Represented by VANDECASTEELE Louis

Active

Ended mandates

Patrivas

Mandate · since 02 juin 2006 · until 01 juin 2024 · 0424.355.105

Represented by VANDECASTEELE Margaux

Ended
Patrivas

Director · since 02 juin 2006 · until 01 juin 2024 · 0424.355.105

Represented by VANDECASTEELE MARGAUX

Ended
Patrivas

Director · since 02 juin 2006 · 0424.355.105

Represented by VANDECASTEELE MARGAUX

Ended
Stefaan VANDECASTEELE

Chairman of the board of directors · since 02 juin 2000 · until 01 juin 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
ANASSAActive
0401.386.592
PatrivanActive
0424.355.006
PatrivasActive
0424.355.105
WOLVENHOEVEActive
0450.532.633
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/06/202617/06/202502/07/202405/06/202309/06/202229/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202505/06/202605/06/2026DutchPDF
Micro model31/12/202406/06/202517/06/2025DutchPDF
Micro model31/12/202307/06/202402/07/2024DutchPDF
Micro model31/12/202202/06/202305/06/2023DutchPDF
Micro model31/12/202103/06/202209/06/2022DutchPDF
Micro model31/12/202017/06/202129/06/2021DutchPDF
Micro model31/12/201905/06/202023/06/2020DutchPDF
Micro model31/12/201807/06/201905/07/2019DutchPDF
Micro model31/12/201701/06/201803/07/2018DutchPDF
Micro model31/12/201602/06/201716/06/2017DutchPDF
Abridged model31/12/201503/06/201623/06/2016DutchPDF
Abridged model31/12/201405/06/201516/07/2015DutchPDF
Abridged model31/12/201306/06/201419/06/2014DutchPDF
Abridged model31/12/201207/06/201324/06/2013DutchPDF
Abridged model31/12/201101/06/201216/07/2012DutchPDF
Abridged model31/12/201003/06/201117/08/2011DutchPDF
Abridged model31/12/200904/06/201015/07/2010DutchPDF
Abridged model31/12/200805/06/200924/06/2009DutchPDF
Abridged model31/12/200706/06/200808/07/2008DutchPDF
Abridged model31/12/200601/06/200718/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 active · 22 ended

Active mandates

Patrivas

Director · since 02 juin 2000 · until 07 juin 2030 · 0424.355.105

Represented by VANDECASTEELE Margaux

Active
Stefaan VANDECASTEELE

Chairman of the board of directors · since 02 juin 2000 · until 07 juin 2030

Active
ANASSA

Managing director · since 07 juillet 1994 · until 07 juin 2030 · 0401.386.592

Represented by VANDECASTEELE Louis

Active

Ended mandates

Patrivas

Mandate · since 02 juin 2006 · until 01 juin 2024 · 0424.355.105

Represented by VANDECASTEELE Margaux

Ended
Patrivas

Director · since 02 juin 2006 · until 01 juin 2024 · 0424.355.105

Represented by VANDECASTEELE MARGAUX

Ended
Patrivas

Director · since 02 juin 2006 · 0424.355.105

Represented by VANDECASTEELE MARGAUX

Ended
Stefaan VANDECASTEELE

Chairman of the board of directors · since 02 juin 2000 · until 01 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/09/2026
    DIVERSEN, ONTSLAGEN, BENOEMINGEN
    PDF
  • Mandates25/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/08/2013
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office10/07/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/07/2012
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025-16,5 k €
  2. 2024
    Annual accounts 2024-22,5 k €
  3. 2023
    Annual accounts 2023-25,1 k €
  4. 2022
    Annual accounts 2022-18,1 k €
  5. 2021
    Annual accounts 2021-13 k €
  6. 2017
    Annual accounts 201710,1 k €
  7. 2016
    Annual accounts 201619,9 k €
  8. 2015
    Annual accounts 201512,7 k €
  9. 2014
    Annual accounts 201414,5 k €
  10. 2013
    Annual accounts 20136,9 k €
  11. 2012
    Annual accounts 201220,4 k €
  12. 2011
    Annual accounts 2011-13,5 k €
  13. 2010
    Annual accounts 2010-2,1 k €
  14. 2009
    Annual accounts 20095,2 k €
  15. 2008
    Annual accounts 20085,3 k €
  16. 2007
    Annual accounts 20073,7 k €
  17. 2006
    Annual accounts 200639,3 k €
  18. 13/12/1988
    IncorporationPublic limited company