ACTIVE

KIRIBATI

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Financial year 2025 · closed on 31/12/2025

Net result

-9,3 k €

-1243.1% YoY

Gross margin

-7,4 k €

-198.5% YoY

Equity

20,6 k €

-31.1% YoY

What does KIRIBATI do?

KIRIBATI is a Private limited company incorporated in 2000. Its main activity is: Management consultancy activities. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.698.528

Incorporation

14/04/2000

Legal form

Private limited company

Registered office

Afsneekouter 50 box /
9051 Gent · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 31009Manufacture of furniture 31099Manufacture of other furniture 59201Sound recording and music publishing activities+1

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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	-7,4 k €	-199%	7,5 k €	+146%	-16,3 k €	-789%	2,4 k €	-93.9%	38,4 k €	-61.5%	99,7 k €	+321%	23,7 k €	+110%	11,3 k €	+14.1%	9,9 k €	-27.1%	13,6 k €	-54.7%	30 k €	+45.8%	20,6 k €	+24.9%	16,5 k €	-46.9%	31 k €	-68.5%	98,7 k €	+331%	22,9 k €	+404%	-7,5 k €	-106%	116,9 k €	+88.0%	62,2 k €	+37.4%	45,3 k €
EBITDA	-7,9 k €	-259%	5 k €	+113%	-38,8 k €	-2237%	1,8 k €	-91.0%	20,2 k €	-79.3%	97,6 k €	+324%	23 k €	+116%	10,6 k €	+13.2%	9,4 k €	-27.1%	12,9 k €	-56.1%	29,4 k €	+50.5%	19,5 k €	+22.5%	15,9 k €	-47.6%	30,4 k €	-68.9%	97,9 k €	+339%	22,3 k €	+372%	-8,2 k €	-107%	116 k €	+87.6%	61,8 k €	+38.3%	44,7 k €
Operating result	-9,3 k €	-1245%	811,7 €	+102%	-45,8 k €	-562%	-6,9 k €	-161%	11,4 k €	-67.2%	34,7 k €	+167%	13 k €	+232%	3,9 k €	+239%	-2,8 k €	-76.7%	-1,6 k €	-111%	15,1 k €	+32.0%	11,4 k €	+14.3%	10 k €	-59.7%	24,7 k €	-73.3%	92,7 k €	+756%	10,8 k €	+181%	-13,4 k €	-112%	111 k €	+103%	54,8 k €	+49.6%	36,6 k €
Net result	-9,3 k €	-1243%	812,2 €	+102%	-45,8 k €	-559%	-7 k €	-186%	8,1 k €	-68.9%	26 k €	+229%	7,9 k €	+469%	-2,1 k €	+62.5%	-5,7 k €	-38.9%	-4,1 k €	-147%	8,8 k €	+57.1%	5,6 k €	+70.0%	3,3 k €	-72.9%	12,1 k €	-79.0%	57,8 k €	+820%	6,3 k €	+143%	-14,8 k €	-121%	68,8 k €	+64.5%	41,8 k €	+70.2%	24,6 k €
Balance sheet
Equity	20,6 k €	-31.1%	29,9 k €	+2.8%	29 k €	-61.2%	74,9 k €	-8.5%	81,8 k €	+10.9%	73,8 k €	+54.3%	47,8 k €	+19.8%	39,9 k €	-5.1%	42 k €	-12.0%	47,8 k €	-7.9%	51,9 k €	+20.4%	43,1 k €	+14.9%	37,5 k €	+9.6%	34,2 k €	+55.0%	22,1 k €	-73.2%	82,2 k €	+8.3%	75,9 k €	-16.3%	90,7 k €	-36.1%	141,9 k €	+41.7%	100,1 k €
Total assets	72,3 k €	-3.0%	74,5 k €	-2.8%	76,6 k €	-26.0%	103,5 k €	-13.7%	120 k €	-14.1%	139,7 k €	+9.6%	127,5 k €	-2.7%	131 k €	+13.6%	115,3 k €	-18.6%	141,6 k €	+4.9%	135,1 k €	+2.1%	132,3 k €	+23.2%	107,4 k €	-17.3%	129,9 k €	-16.5%	155,6 k €	+64.3%	94,7 k €	-13.4%	109,4 k €	-27.6%	151,2 k €	+5.2%	143,6 k €	+27.6%	112,5 k €
Cash	4,7 k €	+32.2%	3,5 k €	+205%	1,2 k €	-18.8%	1,4 k €	-90.0%	14,3 k €	-23.3%	18,7 k €	+298%	4,7 k €	-78.0%	21,4 k €	+58.6%	13,5 k €	+449%	2,5 k €	-81.9%	13,6 k €	-38.1%	21,9 k €	+5586%	385,7 €	-52.4%	809,7 €	-96.3%	22 k €	+88.2%	11,7 k €	-54.8%	25,8 k €	+244%	7,5 k €	-89.4%	70,8 k €	+584%	10,3 k €
Debts	51,7 k €	+15.8%	44,7 k €	-6.1%	47,6 k €	+66.3%	28,6 k €	-25.0%	38,2 k €	-42.1%	66 k €	-17.2%	79,7 k €	-12.5%	91 k €	+24.4%	73,2 k €	-22.0%	93,9 k €	+12.8%	83,2 k €	-6.7%	89,2 k €	+27.6%	69,9 k €	-26.9%	95,7 k €	-28.0%	132,9 k €	+962%	12,5 k €	-62.7%	33,5 k €	-44.6%	60,5 k €	+3420%	1,7 k €	-86.2%	12,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

JORI HERNALSTEEN

Director

Active

Maria Scarpulla

Director

Active

Ended mandates

MARLEEN VAN CAMPENHOUT

Manager · since 29 novembre 2000 · until 31 mai 2006

Ended

WILLEM HERNALSTEEN

Director · since 05 avril 2000

Ended

WILLEM HERNALSTEEN

Manager · since 05 avril 2000 · until 31 mai 2006

Ended

WILLEM HERNALSTEEN

Manager · since 05 avril 2000

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	09/06/2026	30/05/2025	27/06/2024	26/05/2023	27/05/2022	28/05/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	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	09/06/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	30/05/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	27/06/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	26/05/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	27/05/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	28/05/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	29/05/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	01/06/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	28/05/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	27/05/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	27/05/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	29/05/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	10/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	12/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	25/05/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	31/05/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	17/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	16/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	19/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 8 ended

Active mandates

JORI HERNALSTEEN

Director

Active

Maria Scarpulla

Director

Active

Ended mandates

MARLEEN VAN CAMPENHOUT

Manager · since 29 novembre 2000 · until 31 mai 2006

Ended

WILLEM HERNALSTEEN

Director · since 05 avril 2000

Ended

WILLEM HERNALSTEEN

Manager · since 05 avril 2000 · until 31 mai 2006

Ended

WILLEM HERNALSTEEN

Manager · since 05 avril 2000

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/07/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/11/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/01/2008
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

2025
Annual accounts 2025-9,3 k €↓
2024
Annual accounts 2024812,2 €↑
2023
Annual accounts 2023-45,8 k €↓
2022
Annual accounts 2022-7 k €↓
2021
Annual accounts 20218,1 k €↓
2020
Annual accounts 202026 k €↑
2019
Annual accounts 20197,9 k €↑
2018
Annual accounts 2018-2,1 k €↑
2017
Annual accounts 2017-5,7 k €↓
2016
Annual accounts 2016-4,1 k €↓
2015
Annual accounts 20158,8 k €↑
2014
Annual accounts 20145,6 k €↑
2013
Annual accounts 20133,3 k €↓
2012
Annual accounts 201212,1 k €↓
2011
Annual accounts 201157,8 k €↑
2010
Annual accounts 20106,3 k €↑
2009
Annual accounts 2009-14,8 k €↓
2008
Annual accounts 200868,8 k €↑
2007
Annual accounts 200741,8 k €↑
2006
Annual accounts 200624,6 k €
14/04/2000
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

KIRIBATI

Overview

What does KIRIBATI 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