ACTIVE

KRONOS

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Financial year 2024 · closed on 31/12/2024

Net result

48,4 k €

-59.7% YoY

Gross margin

253 k €

-7.6% YoY

Equity

634 k €

+8.3% YoY

What does KRONOS do?

KRONOS is a Private limited company incorporated in 2001. Its main activity is: Service activities incidental to air transportation. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.957.935

Incorporation

30/01/2001

Legal form

Private limited company

Registered office

Munkendoornstraat(Kor) 150
8500 Kortrijk · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Activities (NACE)

52230Service activities incidental to air transportation· main 52230Service activities incidental to air transportation 63230Information service activities

Joint committees (1)

2260

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	253 k €	-7.6%	273,8 k €	+53.5%	178,4 k €	+12.9%	158 k €	+124%	70,5 k €	-6.1%	75 k €	-27.4%	103,4 k €	-31.2%	150,2 k €	-17.8%	182,7 k €	+31.0%	139,4 k €	+23.9%	112,5 k €	+76.5%	63,8 k €	-5.1%	67,2 k €	+18.7%	56,6 k €	-24.6%	75,1 k €	+8.3%	69,3 k €	+47.1%	47,1 k €	+185%	16,5 k €	-55.8%	37,3 k €
EBITDA	176,5 k €	-28.1%	245,7 k €	+39.3%	176,3 k €	+60.1%	110,1 k €	+72.6%	63,8 k €	-12.0%	72,5 k €	-28.0%	100,8 k €	-36.1%	157,7 k €	-6.6%	168,9 k €	+26.0%	134,1 k €	+25.2%	107,1 k €	+32.0%	81,1 k €	+88.0%	43,2 k €	-30.9%	62,5 k €	+6.5%	58,6 k €	-9.7%	64,9 k €	+59.8%	40,6 k €	+875%	-5,2 k €	-116%	33,3 k €
Operating result	104,1 k €	-41.6%	178,4 k €	+50.0%	119 k €	+123%	53,3 k €	+595%	-10,8 k €	-148%	22,4 k €	-51.6%	46,2 k €	-51.7%	95,6 k €	-9.6%	105,7 k €	+50.9%	70 k €	+82.1%	38,5 k €	+92.0%	20 k €	+460%	-5,6 k €	+64.1%	-15,5 k €	-191%	17 k €	-6.7%	18,2 k €	+670%	2,4 k €	+105%	-46,9 k €	-735%	7,4 k €
Net result	48,4 k €	-59.7%	119,9 k €	+49.9%	80 k €	+263%	22 k €	+229%	-17,1 k €	-217%	14,5 k €	-52.4%	30,6 k €	-47.0%	57,7 k €	-16.6%	69,1 k €	+74.5%	39,6 k €	+244%	-27,5 k €	-123%	121,7 k €	+75.6%	69,3 k €	+1313%	-5,7 k €	-135%	16,5 k €	-27.1%	22,6 k €	+369%	-8,4 k €	+79.9%	-41,7 k €	-563%	9 k €
Balance sheet
Equity	634 k €	+8.3%	585,7 k €	+25.7%	465,8 k €	+20.7%	385,8 k €	+6.1%	363,7 k €	-4.5%	380,8 k €	+4.0%	366,2 k €	+6.9%	342,7 k €	+15.4%	297 k €	+23.8%	239,9 k €	+19.8%	200,3 k €	-12.1%	227,8 k €	+42.3%	160,1 k €	+76.4%	90,8 k €	-5.9%	96,5 k €	+20.6%	80 k €	+77.7%	45 k €	-15.7%	53,4 k €	-43.8%	95,1 k €
Total assets	928,8 k €	+1.9%	911,6 k €	+11.2%	820,1 k €	+8.1%	758,3 k €	+7.9%	702,8 k €	+4.4%	673,4 k €	+65.1%	408 k €	-19.6%	507,6 k €	+3.0%	492,6 k €	+14.1%	431,9 k €	-23.2%	562,5 k €	+9.4%	514,4 k €	+19.7%	429,7 k €	+36.9%	313,8 k €	+3.9%	302 k €	+14.4%	263,9 k €	+8.6%	243,1 k €	-4.7%	255,1 k €	+21.6%	209,7 k €
Cash	63,4 k €	+46.9%	43,2 k €	-73.4%	162,2 k €	+72.9%	93,8 k €	+122%	42,3 k €	-72.4%	153,5 k €	+15.5%	132,9 k €	-32.2%	196,1 k €	+61.4%	121,5 k €	+597%	17,4 k €	-26.8%	23,8 k €	-26.3%	32,3 k €	+169%	12 k €	-79.9%	59,7 k €	-48.9%	116,9 k €	+244%	33,9 k €	+276%	9 k €	-4.2%	9,4 k €	-60.6%	23,9 k €
Debts	294,8 k €	-9.1%	324,4 k €	-8.5%	354,3 k €	-4.9%	372,5 k €	+9.9%	339,1 k €	+15.9%	292,7 k €	+601%	41,7 k €	-74.7%	164,9 k €	-11.1%	185,6 k €	-3.3%	192 k €	-47.0%	362,2 k €	+26.4%	286,6 k €	+30.0%	220,5 k €	-1.1%	223 k €	+14.3%	195,1 k €	+6.1%	183,9 k €	-7.1%	198,1 k €	-1.8%	201,6 k €	+76.6%	114,2 k €

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 31/12/2024 · 1 active · 7 ended

Active mandates

Luc Olivier

Director · since 26 janvier 2001

Active

Ended mandates

LUC OLIVIER

Manager · since 01 janvier 2011 · until 31 décembre 2011

Ended

LUC OLIVIER

Manager · since 01 janvier 2010 · until 31 décembre 2010

Ended

LUC OLIVIER

Manager · since 01 janvier 2009 · until 31 décembre 2009

Ended

LUC OLIVIER

Manager · since 01 janvier 2008 · until 31 décembre 2008

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/08/2025	29/08/2024	25/07/2023	15/07/2022	31/08/2021	22/07/2020
General meeting	31/07/2025	31/07/2024	30/06/2023	30/06/2022	05/06/2021	06/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	31/07/2025	01/08/2025	Dutch	PDF
Micro model	31/12/2023	31/07/2024	29/08/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	25/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	15/07/2022	Dutch	PDF
Micro model	31/12/2020	05/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	06/06/2020	22/07/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	24/07/2019	Dutch	PDF
Micro model	31/12/2017	02/06/2018	29/06/2018	Dutch	PDF
Micro model	31/12/2016	03/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	23/07/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	28/07/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	25/07/2007	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 31/12/2024 · 1 active · 7 ended

Active mandates

Luc Olivier

Director · since 26 janvier 2001

Active

Ended mandates

LUC OLIVIER

Manager · since 01 janvier 2011 · until 31 décembre 2011

Ended

LUC OLIVIER

Manager · since 01 janvier 2010 · until 31 décembre 2010

Ended

LUC OLIVIER

Manager · since 01 janvier 2009 · until 31 décembre 2009

Ended

LUC OLIVIER

Manager · since 01 janvier 2008 · until 31 décembre 2008

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office08/08/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/07/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/05/2012
MAATSCHAPPELIJKE ZETEL
PDF
Registered office20/04/2007
MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/02/2003
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

2024
Annual accounts 202448,4 k €↓
2023
Annual accounts 2023119,9 k €↑
2022
Annual accounts 202280 k €↑
2021
Annual accounts 202122 k €↑
2020
Annual accounts 2020-17,1 k €↓
2019
Annual accounts 201914,5 k €↓
2018
Annual accounts 201830,6 k €↓
2017
Annual accounts 201757,7 k €↓
2016
Annual accounts 201669,1 k €↑
2015
Annual accounts 201539,6 k €↑
2014
Annual accounts 2014-27,5 k €↓
2013
Annual accounts 2013121,7 k €↑
2012
Annual accounts 201269,3 k €↑
2011
Annual accounts 2011-5,7 k €↓
2010
Annual accounts 201016,5 k €↓
2009
Annual accounts 200922,6 k €↑
2008
Annual accounts 2008-8,4 k €↑
2007
Annual accounts 2007-41,7 k €↓
2006
Annual accounts 20069 k €
30/01/2001
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

KRONOS

Overview

What does KRONOS do?

Trend over 19 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