ACTIVE

KMG Advice

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Financial year 2025 · closed on 31/03/2025

Net result

425 k €

+44.5% YoY

Gross margin

318,2 k €

+185.9% YoY

Equity

923 k €

+85.3% YoY

What does KMG Advice do?

KMG Advice is a Private limited company incorporated in 1994. Its registered office is in Retie.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.789.763

Incorporation

31/05/1994

Legal form

Private limited company

Registered office

Tulpenlaan 11
2470 Retie · FlandreSee on map

Contributed capital

144 707,99 €

Latest accounts

31/03/2025

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 15 financial years

	2025		2024		2023		2022		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	318,2 k €	+186%	111,3 k €	-11.7%	126 k €	+88.9%	66,7 k €	+67.3%	39,9 k €	+29.4%	30,8 k €	+602%	-6,1 k €	-110%	62,7 k €	-45.5%	115,1 k €	-30.5%	165,6 k €	+19.3%	138,8 k €	+13.3%	122,5 k €	+0.3%	122,1 k €	+69.4%	72,1 k €	+658%	-12,9 k €
EBITDA	314,6 k €	+247%	90,6 k €	-19.6%	112,6 k €	+110%	53,5 k €	+67.8%	31,9 k €	+19.3%	26,7 k €	+364%	-10,1 k €	-117%	58,8 k €	-46.7%	110,4 k €	+6.8%	103,4 k €	+35.7%	76,2 k €	-13.1%	87,7 k €	-2.9%	90,3 k €	+43.6%	62,9 k €	+507%	-15,5 k €
Operating result	277,5 k €	+431%	52,3 k €	-13.3%	60,3 k €	+1290%	4,3 k €	+134%	-12,7 k €	+17.0%	-15,3 k €	+71.2%	-53 k €	-569%	11,3 k €	-79.3%	54,5 k €	+19.2%	45,8 k €	+125%	20,3 k €	-61.6%	52,9 k €	-7.3%	57 k €	+490%	9,7 k €	+127%	-35,2 k €
Net result	425 k €	+44.5%	294,2 k €	+524%	47,2 k €	+26570%	176,9 €	+101%	-12,3 k €	-115%	-5,7 k €	+86.1%	-41,2 k €	-804%	5,9 k €	-98.6%	416 k €	+1416%	27,4 k €	+428%	5,2 k €	-82.4%	29,5 k €	-10.9%	33,2 k €	+556%	-7,3 k €	+77.9%	-33 k €
Balance sheet
Equity	923 k €	+85.3%	498 k €	+144%	203,8 k €	+30.1%	156,6 k €	-71.3%	545,8 k €	-2.2%	558,1 k €	-1.0%	563,8 k €	-6.8%	605 k €	-1.4%	613,9 k €	+210%	197,9 k €	+6.7%	185,4 k €	+2.9%	180,2 k €	+19.6%	150,7 k €	+28.2%	117,5 k €	-5.8%	124,8 k €
Total assets	1,1 M €	+40.3%	756,9 k €	+38.2%	547,7 k €	+12.6%	486,5 k €	-15.7%	577,2 k €	-3.2%	596,1 k €	-14.3%	695,7 k €	-25.7%	936 k €	-23.6%	1,2 M €	+97.3%	621 k €	-1.0%	627 k €	+2.6%	611,1 k €	+8.3%	564,3 k €	-14.0%	656,4 k €	+264%	180,5 k €
Cash	79,1 k €	-67.2%	241,6 k €	+251%	68,8 k €	-27.3%	94,7 k €	-41.0%	160,3 k €	+134%	68,4 k €	+287%	17,7 k €	-79.7%	87,2 k €	+103%	42,9 k €	-27.7%	59,3 k €	+54.4%	38,4 k €	-63.1%	104,1 k €	+112%	49,1 k €	-74.7%	194,3 k €	+321%	46,2 k €
Debts	114 k €	-51.2%	233,7 k €	-26.7%	318,8 k €	+4.6%	304,8 k €	+4633%	6,4 k €	-50.4%	13 k €	-87.9%	106,9 k €	-65.1%	306 k €	-47.8%	586,1 k €	+47.2%	398,1 k €	-4.4%	416,6 k €	-3.3%	430,9 k €	+4.2%	413,7 k €	-23.2%	538,9 k €	+867%	55,7 k €
Other
Workforce	–		0,0 ETP		0,0 ETP		–		–		–		–		–		–		2,0 ETP	+186%	0,7 ETP	0.0%	0,7 ETP	+16.7%	0,6 ETP	+500%	0,1 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 31/03/2025 · 1 active · 1 ended

Active mandates

Kurt Vanderspinnen

Director

Active

Ended mandates

Kurt Vanderspinnen

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CK Innovations● Active	0793.203.345

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/11/2025	28/10/2024	29/09/2023	24/10/2022	26/10/2021	29/10/2020
General meeting	26/11/2025	30/09/2024	01/09/2023	30/09/2022	30/09/2021	30/09/2020
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
Micro model	31/03/2025	26/11/2025	27/11/2025	Dutch	PDF
Abridged model	31/03/2024	30/09/2024	28/10/2024	Dutch	PDF
Abridged model	31/03/2023	01/09/2023	29/09/2023	Dutch	PDF
Abridged model	31/03/2022	30/09/2022	24/10/2022	Dutch	PDF
Abridged model	31/03/2021	30/09/2021	26/10/2021	Dutch	PDF
Abridged model	31/03/2020	30/09/2020	29/10/2020	Dutch	PDF
Abridged model	31/03/2019	29/11/2019	26/12/2019	Dutch	PDF
Abridged model	31/03/2017	13/12/2017	28/12/2017	Dutch	PDF
Abridged model	31/03/2016	30/10/2016	05/12/2016	Dutch	PDF
Abridged model	31/03/2015	29/10/2015	30/12/2015	Dutch	PDF
Abridged model	31/03/2014	30/09/2014	30/12/2014	Dutch	PDF
Abridged model	31/03/2013	15/10/2013	24/12/2013	Dutch	PDF
Abridged model	31/03/2012	06/09/2012	26/04/2013	Dutch	PDF
Abridged model	31/03/2011	07/09/2011	31/10/2011	Dutch	PDF
Abridged model	31/03/2010	07/09/2010	24/09/2010	Dutch	PDF
Abridged model	31/03/2009	01/09/2009	28/09/2009	Dutch	PDF
Abridged model	31/03/2008	23/10/2008	29/10/2008	Dutch	PDF
Abridged model	31/03/2007	25/07/2007	24/08/2007	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 31/03/2025 · 1 active · 1 ended

Active mandates

Kurt Vanderspinnen

Director

Active

Ended mandates

Kurt Vanderspinnen

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/01/2024
WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Capital / shares05/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares05/04/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - 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 2025425 k €↑
2024
Annual accounts 2024294,2 k €↑
2024
Name changeKMG Advice
2023
Annual accounts 202347,2 k €↑
2022
Annual accounts 2022176,9 €↑
2022
Name changeKurt Vanderspinnen
2017
Annual accounts 2017-12,3 k €↓
2016
Annual accounts 2016-5,7 k €↑
2015
Annual accounts 2015-41,2 k €↓
2014
Annual accounts 20145,9 k €↓
2013
Annual accounts 2013416 k €↑
2012
Annual accounts 201227,4 k €↑
2011
Annual accounts 20115,2 k €↓
2010
Annual accounts 201029,5 k €↓
2009
Annual accounts 200933,2 k €↑
2008
Annual accounts 2008-7,3 k €↑
2007
Annual accounts 2007-33 k €
31/05/1994
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

KMG Advice

Overview

What does KMG Advice do?

Trend over 15 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