ACTIVE

KDB EXPLOITATIONS

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Financial year 2025 · closed on 31/12/2025

Net result

-89,7 k €

+79.1% YoY

Gross margin

333,2 k €

+536.5% YoY

Equity

-681,2 k €

-15.2% YoY

Workforce

9,5 ETP

+90.0% YoY

What does KDB EXPLOITATIONS do?

KDB EXPLOITATIONS is a Public limited company incorporated in 1992. Its registered office is in Antwerpen. It employs on average 9,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.403.491

Incorporation

12/05/1992

Legal form

Public limited company

Registered office

Namenstraat 13-15
2000 Antwerpen · FlandreSee on map

Contributed capital

80 000,00 €

Latest accounts

31/12/2025

Average workforce

9,5 ETP

Joint committees (3)

Signals

Healthy social debts

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	333,2 k €	+537%	-76,3 k €	-145%	168,4 k €	+48.9%	113,1 k €	+16.0%	97,5 k €	+145%	39,8 k €	-84.9%	264,5 k €	+399%	-88,6 k €	-133%	269,1 k €	-20.0%	336,6 k €	-1.2%	340,8 k €	+23.8%	275,3 k €	+10.5%	249,2 k €	-11.3%	280,9 k €	-5.4%	297,1 k €	+13.2%	262,3 k €	+25.9%	208,4 k €	-10.6%	233,1 k €	-9.9%	258,6 k €	+23.9%	208,7 k €
EBITDA	-57 k €	+84.5%	-367,2 k €	-442%	107,2 k €	+203%	35,4 k €	-6.4%	37,8 k €	+162%	-61 k €	-200%	-20,3 k €	+92.8%	-283,3 k €	-731%	44,9 k €	+86.2%	24,1 k €	-54.8%	53,4 k €	+19.6%	44,6 k €	+17.8%	37,9 k €	+22.5%	30,9 k €	-37.8%	49,7 k €	+3.9%	47,8 k €	+132%	20,6 k €	-51.7%	42,6 k €	-46.9%	80,3 k €	+119%	36,6 k €
Operating result	-94,1 k €	+78.1%	-429,4 k €	-1160%	40,5 k €	+222%	-33,2 k €	+7.0%	-35,7 k €	+72.9%	-131,7 k €	-53.5%	-85,8 k €	+74.7%	-339,4 k €	-3276%	10,7 k €	+283%	2,8 k €	-88.9%	25,1 k €	+54.6%	16,2 k €	+1.1%	16 k €	+91.1%	8,4 k €	-73.0%	31,1 k €	-13.8%	36 k €	+450%	6,5 k €	-73.1%	24,3 k €	-60.8%	62,1 k €	+347%	13,9 k €
Net result	-89,7 k €	+79.1%	-429,7 k €	-1287%	36,2 k €	+215%	-31,5 k €	+13.4%	-36,4 k €	+72.5%	-132,4 k €	-53.5%	-86,3 k €	+74.7%	-341,2 k €	-10253%	3,4 k €	+139%	1,4 k €	+28.3%	1,1 k €	-90.8%	11,9 k €	+3.5%	11,5 k €	-73.4%	43,2 k €	+77.9%	24,3 k €	+3.2%	23,5 k €	-31.9%	34,5 k €	+0.0%	34,5 k €	-20.7%	43,5 k €	+543%	6,8 k €
Balance sheet
Equity	-681,2 k €	-15.2%	-591,5 k €	-265%	-161,8 k €	+18.3%	-198 k €	-18.9%	-166,5 k €	-27.9%	-130,2 k €	-5924%	2,2 k €	-97.5%	88,5 k €	-79.4%	429,7 k €	+0.8%	426,4 k €	+0.3%	425 k €	+0.3%	423,9 k €	+2.9%	412 k €	+2.9%	400,5 k €	+9.0%	367,3 k €	+4.0%	353 k €	+4.0%	339,5 k €	+11.3%	305 k €	+8.7%	280,4 k €	+13.6%	246,9 k €
Total assets	415,8 k €	-7.0%	447 k €	+15.8%	386 k €	-22.8%	500,2 k €	-4.5%	523,6 k €	-2.2%	535,5 k €	-29.0%	754,5 k €	+13.8%	662,9 k €	-21.4%	843,3 k €	+41.9%	594,3 k €	+6.9%	556 k €	+0.6%	552,7 k €	+11.2%	496,9 k €	-3.1%	512,8 k €	+3.2%	496,9 k €	+7.4%	462,8 k €	+3.2%	448,5 k €	+0.7%	445,4 k €	-4.2%	464,7 k €	-4.8%	488,1 k €
Cash	15,3 k €	+101%	7,6 k €	+689%	961 €	-91.7%	11,6 k €	+1.6%	11,4 k €	+268%	3,1 k €	-13.2%	3,6 k €	+75.7%	2 k €	-90.5%	21,4 k €	+139%	8,9 k €	-25.1%	11,9 k €	-39.0%	19,5 k €	-43.3%	34,4 k €	-37.7%	55,2 k €	+83.6%	30,1 k €	-38.2%	48,6 k €	+188%	16,9 k €	-24.4%	22,4 k €	+117%	10,3 k €	-57.0%	23,9 k €
Debts	1,1 M €	+5.6%	1 M €	+89.6%	547,8 k €	-21.5%	698,2 k €	+1.2%	690,1 k €	+3.7%	665,7 k €	-11.5%	752,3 k €	+33.3%	564,4 k €	+37.7%	409,9 k €	+144%	167,9 k €	+28.2%	131 k €	+2.9%	127,3 k €	+71.1%	74,4 k €	-33.7%	112,3 k €	-11.7%	127,2 k €	+17.1%	108,6 k €	-0.4%	109 k €	-22.3%	140,4 k €	-23.8%	184,3 k €	-23.4%	240,6 k €
Other
Workforce	9,5 ETP	+90.0%	5,0 ETP	+400%	1,0 ETP	-44.4%	1,8 ETP	-18.2%	2,2 ETP	-33.3%	3,3 ETP	-23.3%	4,3 ETP	+38.7%	3,1 ETP	-31.1%	4,5 ETP	-33.8%	6,8 ETP	+11.5%	6,1 ETP	+27.1%	4,8 ETP	-17.2%	5,8 ETP	+7.4%	5,4 ETP	+1.9%	5,3 ETP	+17.8%	4,5 ETP	-2.2%	4,6 ETP	0.0%	4,6 ETP	+15.0%	4,0 ETP	+11.1%	3,6 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

LET'S THINK

Managing director · since 01 juin 2022 · until 07 juin 2028 · 0461.389.210

Represented by Wim Van der Borght

Active

SHRIMP TEMPURA

Director · since 01 juin 2022 · until 07 juin 2028 · 0836.149.896

Represented by Olav Coninckx

Active

Ended mandates

LET'S THINK

Director · since 06 février 2016 · until 05 juin 2022 · 0461.389.210

Represented by Wim Van der Borght

Ended

LET'S THINK

Director · since 06 février 2016 · until 05 juin 2022 · 0461.389.210

Represented by Wim Van der Borght

Ended

SHRIMP TEMPURA

Managing director · since 06 février 2016 · until 05 juin 2022 · 0836.149.896

Represented by Wim Van der Borght

Ended

SHRIMP TEMPURA

Managing director · since 06 février 2016 · until 05 juin 2022 · 0836.149.896

Represented by Olav Coninckx

Ended

At this address

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EXPO 62● Active	0872.522.522
FORGANISER● Active	0634.966.453
HUISBROUWERIJ 'T PAKHUIS● Active	0457.047.568
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MURNI GROTE MARKT● Active	0658.746.695
MURNI WILRIJK● Active	0714.993.631
PROJECT KEBAB● Active	0797.930.710
Project Muzikaal II● Active	0672.577.115
SALONS DE GROENE JAGER● Active	0473.395.731
SOMMAR Concepts● Active	0679.586.453
SÜD● Active	0723.578.032
UMAMI● Active	0462.215.787
VAAG OUTDOOR PROJECTS● Active	0672.588.102
VIZU● Active	0656.642.587

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged 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	24/07/2026	26/08/2025	29/08/2024	13/08/2023	08/08/2022	29/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	01/06/2023	01/06/2022	01/06/2021
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
Abridged model	31/12/2025	01/06/2026	24/07/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	26/08/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	13/08/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	08/08/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	01/06/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	09/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	05/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	12/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	08/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	06/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	06/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	16/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	04/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

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 · 10 ended

Active mandates

LET'S THINK

Managing director · since 01 juin 2022 · until 07 juin 2028 · 0461.389.210

Represented by Wim Van der Borght

Active

SHRIMP TEMPURA

Director · since 01 juin 2022 · until 07 juin 2028 · 0836.149.896

Represented by Olav Coninckx

Active

Ended mandates

LET'S THINK

Director · since 06 février 2016 · until 05 juin 2022 · 0461.389.210

Represented by Wim Van der Borght

Ended

LET'S THINK

Director · since 06 février 2016 · until 05 juin 2022 · 0461.389.210

Represented by Wim Van der Borght

Ended

SHRIMP TEMPURA

Managing director · since 06 février 2016 · until 05 juin 2022 · 0836.149.896

Represented by Wim Van der Borght

Ended

SHRIMP TEMPURA

Managing director · since 06 février 2016 · until 05 juin 2022 · 0836.149.896

Represented by Olav Coninckx

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office10/12/2024
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring26/09/2023
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring06/04/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Restructuring06/04/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates16/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other30/03/2016
BENAMING
PDF
Mandates29/02/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other15/05/2013
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-89,7 k €↑
2024
Annual accounts 2024-429,7 k €↓
2023
Annual accounts 202336,2 k €↑
2022
Annual accounts 2022-31,5 k €↑
2021
Annual accounts 2021-36,4 k €↑
2020
Annual accounts 2020-132,4 k €↓
2019
Annual accounts 2019-86,3 k €↑
2018
Annual accounts 2018-341,2 k €↓
2017
Annual accounts 20173,4 k €↑
2016
Annual accounts 20161,4 k €↑
2015
Annual accounts 20151,1 k €↓
2014
Annual accounts 201411,9 k €↑
2013
Annual accounts 201311,5 k €↓
2012
Annual accounts 201243,2 k €↑
2011
Annual accounts 201124,3 k €↑
2010
Annual accounts 201023,5 k €↓
2009
Annual accounts 200934,5 k €↑
2008
Annual accounts 200834,5 k €↓
2007
Annual accounts 200743,5 k €↑
2006
Annual accounts 20066,8 k €
12/05/1992
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

KDB EXPLOITATIONS

Overview

What does KDB EXPLOITATIONS do?

Trend over 20 financial years

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