ACTIVE

KONAX

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Financial year 2025 · closed on 31/12/2025

Net result

112,6 k €

+90.7% YoY

Gross margin

590,5 k €

+43.4% YoY

Equity

1,1 M €

+11.6% YoY

Workforce

4,8 ETP

+11.6% YoY

What does KONAX do?

KONAX is a Private limited company incorporated in 2013. Its main activity is: Other professional, scientific and technical activities n.e.c.. Its registered office is in Izegem. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0537.511.048

Incorporation

13/08/2013

Legal form

Private limited company

Registered office

Hondekensmolenstraat 56
8870 Izegem · FlandreSee on map

Contributed capital

544 424,34 €

Latest accounts

31/12/2025

Average workforce

4,8 ETP

Activities (NACE)

74909Other professional, scientific and technical activities n.e.c.· main 74999Other professional, scientific and technical activities n.e.c.20130Manufacture of other inorganic basic chemicals 20130Manufacture of other inorganic basic chemicals 72101Research and experimental development on natural sciences and engineering 72110Research and experimental development on biotechnology

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015
Income statement
Gross margin	590,5 k €	+43.4%	411,8 k €	+5.8%	389,2 k €	+73.0%	225 k €	-53.6%	485,4 k €	+371%	103 k €	+6.9%	96,4 k €	+43.5%	67,2 k €	+107%	32,4 k €
EBITDA	199,6 k €	+75.6%	113,7 k €	-9.8%	126,1 k €	+167%	47,1 k €	-85.5%	324,8 k €	+338%	74,1 k €	-25.3%	99,2 k €	+360%	21,5 k €	-30.3%	30,9 k €
Operating result	145,5 k €	+124%	64,9 k €	+112%	30,6 k €	+12.6%	27,2 k €	-87.2%	211,6 k €	+352%	46,8 k €	-39.2%	77 k €	+622%	10,7 k €	-63.5%	29,3 k €
Net result	112,6 k €	+90.7%	59,1 k €	+168%	22 k €	+11.8%	19,7 k €	-89.4%	186,8 k €	+324%	44,1 k €	-41.9%	75,9 k €	+689%	9,6 k €	-65.7%	28,1 k €
Balance sheet
Equity	1,1 M €	+11.6%	969,2 k €	+6.5%	910,1 k €	+2.5%	888 k €	+2.3%	868,3 k €	+392%	176,3 k €	+33.4%	132,2 k €	+135%	56,3 k €	+20.6%	46,7 k €
Total assets	1,5 M €	+10.5%	1,3 M €	+10.7%	1,2 M €	+3.5%	1,1 M €	+5.8%	1,1 M €	+217%	342,4 k €	+19.0%	287,8 k €	+130%	125,2 k €	+27.0%	98,6 k €
Cash	217,5 k €	+168%	81,1 k €	-62.8%	217,7 k €	-61.3%	562,1 k €	-17.8%	683,7 k €	+601%	97,5 k €	+551%	15 k €	+18.2%	12,7 k €	-62.9%	34,2 k €
Debts	231 k €	+12.6%	205,2 k €	+49.2%	137,6 k €	-20.6%	173,2 k €	+48.9%	116,4 k €	-6.7%	124,7 k €	+9.2%	114,2 k €	+377%	24 k €	-53.9%	51,9 k €
Other
Workforce	4,8 ETP	+11.6%	4,3 ETP	+7.5%	4,0 ETP	+37.9%	2,9 ETP	+70.6%	1,7 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 31/12/2025 · 3 active · 8 ended

Active mandates

Karel Demyttenaere

Director

Active

Stefaan Goudezeune

Director

Active

Trees LONCKE

Director

Active

Ended mandates

Stefaan GOUDEZEUNE

Director · since 31 mai 2022

Ended

Karel Demyttenaere

Manager · since 29 janvier 2018

Ended

Karel DEMYTTENAERE

Director · since 29 janvier 2018

Ended

Rik Daneels

Manager · since 13 août 2013

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	18 months	12 months
Filing date	28/08/2026	14/07/2025	04/07/2024	17/07/2023	21/06/2022	14/01/2021
General meeting	25/06/2026	13/06/2025	21/06/2024	06/06/2023	15/06/2022	18/12/2020
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	28/08/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	14/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	04/07/2024	Dutch	PDF
Abridged model	31/12/2022	06/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	21/06/2022	Dutch	PDF
Micro model	30/06/2020	18/12/2020	14/01/2021	Dutch	PDF
Micro model	30/06/2019	30/12/2019	14/02/2020	Dutch	PDF
Micro model	30/06/2018	30/12/2018	28/01/2019	Dutch	PDF
Micro model	30/06/2017	15/12/2017	22/01/2018	Dutch	PDF
Abridged model	30/06/2016	16/12/2016	27/01/2017	Dutch	PDF
Abridged model	30/06/2015	18/12/2015	21/12/2015	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 31/12/2025 · 3 active · 8 ended

Active mandates

Karel Demyttenaere

Director

Active

Stefaan Goudezeune

Director

Active

Trees LONCKE

Director

Active

Ended mandates

Stefaan GOUDEZEUNE

Director · since 31 mai 2022

Ended

Karel Demyttenaere

Manager · since 29 janvier 2018

Ended

Karel DEMYTTENAERE

Director · since 29 janvier 2018

Ended

Rik Daneels

Manager · since 13 août 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/06/2022
BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring07/09/2021
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring13/07/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates03/03/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates27/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/05/2016
MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other28/08/2013
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

2025
Annual accounts 2025112,6 k €↑
2024
Annual accounts 202459,1 k €↑
2023
Annual accounts 202322 k €↑
2022
Annual accounts 202219,7 k €↓
2022
Name changeKONAX
2021
Annual accounts 2021186,8 k €↑
2018
Annual accounts 201844,1 k €↓
2017
Annual accounts 201775,9 k €↑
2016
Annual accounts 20169,6 k €↓
2015
Annual accounts 201528,1 k €
2015
Name changeAQUA ECOLOGIC
13/08/2013
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

KONAX

Overview

What does KONAX do?

Trend over 9 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