ACTIVE

KAPPASI

Financial year 2025 · closed on 31/12/2025
Net result
-6,6 k €
+57.6% YoY
Gross margin
72,9 k €
-37.2% YoY
Equity
51,5 k €
-11.3% YoY

What does KAPPASI do?

KAPPASI is a Private limited company incorporated in 2002. Its registered office is in Lochristi.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.528.813
Incorporation
10/10/2002
Legal form
Private limited company
Registered office
Dorp-West 18
9080 Lochristi · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 314
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin72,9 k €116 k €117,8 k €117 k €95 k €80,5 k €129,7 k €123,2 k €129 k €115,3 k €130,8 k €121,4 k €119 k €101 k €91,3 k €82,9 k €90,1 k €87,5 k €99,4 k €89,5 k €
EBITDA5,3 k €-4,3 k €-2 k €1,3 k €24,8 k €10,8 k €17,6 k €10,7 k €8 k €8,7 k €26,1 k €17 k €8 k €14,6 k €22 k €22,3 k €-1 k €-12,2 k €14 k €-1,4 k €
Operating result-4,8 k €-13,3 k €-7,4 k €577,4 €18,9 k €8,1 k €14,5 k €7,7 k €5,3 k €6 k €20,9 k €12,3 k €3,4 k €8,4 k €11,7 k €14,8 k €-8,5 k €-19,6 k €4,9 k €-8,9 k €
Net result-6,6 k €-15,5 k €-9,1 k €-614,2 €13,7 k €6,9 k €8,5 k €3,5 k €2,1 k €4,3 k €12,8 k €8,9 k €2,6 k €7,4 k €10,7 k €15,8 k €-9,7 k €-20,8 k €5 k €-9,7 k €
Balance sheet
Equity51,5 k €58,1 k €73,6 k €82,7 k €83,3 k €69,6 k €62,7 k €54,2 k €50,8 k €48,6 k €44,4 k €31,6 k €22,7 k €20,1 k €12,7 k €2 k €-13,8 k €-4,1 k €16,7 k €11,7 k €
Total assets79,4 k €104,9 k €130,6 k €112,8 k €101,5 k €77,1 k €78,3 k €74,8 k €74,6 k €70,9 k €71,9 k €49,6 k €49,6 k €45,3 k €44,7 k €49,6 k €29 k €32,5 k €49,1 k €29,3 k €
Cash16,8 k €20,5 k €46 k €78,3 k €57,7 k €31 k €45 k €26,5 k €24,1 k €14,7 k €18,4 k €10,6 k €16,2 k €10,4 k €9,7 k €10,5 k €4,6 k €2,3 k €6,7 k €6,9 k €
Debts27,9 k €46,8 k €57 k €30,1 k €18,1 k €7,5 k €15,6 k €20,6 k €23,9 k €22,3 k €27,4 k €17,6 k €26,9 k €25,2 k €32 k €47,6 k €42,8 k €36,6 k €32,4 k €17,6 k €
Other
Workforce3,1 ETP3,1 ETP3,1 ETP2,9 ETP3,4 ETP3,3 ETP3,1 ETP2,7 ETP3,3 ETP2,9 ETP2,1 ETP1,8 ETP3,3 ETP4,0 ETP3,3 ETP2,6 ETP
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 · 1 active · 2 ended

Active mandates

Pascal Colman

Mandate

Active

Ended mandates

Pascal COLMAN

Director

Ended
PASCAL COLMAN

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged 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 date15/08/202605/08/202501/08/202431/08/202316/06/202222/06/2021
General meeting31/05/202631/05/202531/05/202431/05/202331/05/202231/05/2021
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 model31/12/202531/05/202615/08/2026DutchPDF
Micro model31/12/202431/05/202505/08/2025DutchPDF
Micro model31/12/202331/05/202401/08/2024DutchPDF
Micro model31/12/202231/05/202331/08/2023DutchPDF
Abridged model31/12/202131/05/202216/06/2022DutchPDF
Abridged model31/12/202031/05/202122/06/2021DutchPDF
Abridged model31/12/201902/06/202023/06/2020DutchPDF
Abridged model31/12/201831/05/201924/06/2019DutchPDF
Abridged model31/12/201731/05/201825/06/2018DutchPDF
Abridged model31/12/201631/05/201723/06/2017DutchPDF
Abridged model31/12/201531/05/201622/06/2016DutchPDF
Abridged model31/12/201401/06/201523/06/2015DutchPDF
Abridged model31/12/201331/05/201423/06/2014DutchPDF
Abridged model31/12/201231/05/201325/06/2013DutchPDF
Abridged model31/12/201131/05/201222/06/2012DutchPDF
Abridged model31/12/201031/05/201121/06/2011DutchPDF
Abridged model31/12/200931/05/201017/06/2010DutchPDF
Abridged model31/12/200801/06/200925/06/2009DutchPDF
Abridged model31/12/200731/05/200819/06/2008DutchPDF
Abridged model31/12/200631/05/200725/06/2007DutchPDF
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 · 1 active · 2 ended

Active mandates

Pascal Colman

Mandate

Active

Ended mandates

Pascal COLMAN

Director

Ended
PASCAL COLMAN

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/12/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/10/2002
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-6,6 k €
  2. 2024
    Annual accounts 2024-15,5 k €
  3. 2023
    Annual accounts 2023-9,1 k €
  4. 2022
    Annual accounts 2022-614,2 €
  5. 2021
    Annual accounts 202113,7 k €
  6. 2020
    Annual accounts 20206,9 k €
  7. 2019
    Annual accounts 20198,5 k €
  8. 2018
    Annual accounts 20183,5 k €
  9. 2017
    Annual accounts 20172,1 k €
  10. 2016
    Annual accounts 20164,3 k €
  11. 2015
    Annual accounts 201512,8 k €
  12. 2014
    Annual accounts 20148,9 k €
  13. 2013
    Annual accounts 20132,6 k €
  14. 2012
    Annual accounts 20127,4 k €
  15. 2011
    Annual accounts 201110,7 k €
  16. 2010
    Annual accounts 201015,8 k €
  17. 2009
    Annual accounts 2009-9,7 k €
  18. 2008
    Annual accounts 2008-20,8 k €
  19. 2007
    Annual accounts 20075 k €
  20. 2006
    Annual accounts 2006-9,7 k €
  21. 10/10/2002
    IncorporationPrivate limited company