ACTIVE

KAY

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Financial year 2025 · Closed on 31/12/2025

Net result15,3 k €-11,8 %over 1 year
Gross margin18,4 k €-8,5 %over 1 year
Equity21,6 k €+243,0 %over 1 year

Identity

Source · BCE/KBO

KAY is a Private limited company incorporated in 2016. Its main activity is: Photographic activities. Its registered office is in Heist-op-den-Berg.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0663.825.735
Incorporation
05/10/2016
Legal form
Private limited company
Registered office
Stationsstraat 22
2220 Heist-op-den-Berg · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20252024202320222021
Income statement
Gross margin18,4 k €20,1 k €23,8 k €10,9 k €5,4 k €
EBITDA17,9 k €19,6 k €22,9 k €10 k €4,2 k €
Operating result16,1 k €17,4 k €21,1 k €9 k €4,1 k €
Net result15,3 k €17,3 k €20,9 k €9 k €3,9 k €
Balance sheet
Equity21,6 k €6,3 k €-11 k €-31,9 k €-47,1 k €
Total assets24,4 k €59,2 k €39,5 k €16,8 k €8 k €
Cash6,4 k €50 k €32,6 k €11,7 k €5 k €
Debts2,8 k €52,9 k €50,5 k €48,7 k €55,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriod
Kay Verhaeren
DirectorMandate2020 accountsendedManager2017 accountsended

Other companies at this address

Stationsstraat 22 2220 Heist-op-den-Berg
CompanyCBE no.
HWRD● Active
0794.270.741
Watchtower● Active
0803.156.535

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date09/09/202617/06/202513/08/202405/07/202330/09/202229/06/2021
General meeting02/06/202603/06/202504/06/202406/06/202301/06/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/06/202609/09/2026DutchPDF
Micro model31/12/202403/06/202517/06/2025DutchPDF
Micro model31/12/202304/06/202413/08/2024DutchPDF
Micro model31/12/202206/06/202305/07/2023DutchPDF
Micro model31/12/202101/06/202230/09/2022DutchPDF
Micro model31/12/202001/06/202129/06/2021DutchPDF
Micro model31/12/201902/06/202029/06/2021DutchPDF
Abridged model31/12/201804/06/201920/03/2021DutchPDF
Micro model31/12/201705/06/201820/09/2018DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriod
Kay Verhaeren
DirectorMandate2020 accountsendedManager2017 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/01/2023
    WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/10/2016
    Uittreksel uit de akte oprichting van de besloten vennootschap met beperkte aansprakelijkheid Immo
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings9 filings
Mandates
Kay Verhaeren
20162017201820192020202120222023202420252026
KAYImmo KVH
Stationsstraat 22, 2220 Heist-op-den-Berg
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Stationsstraat 22, 2220 Heist-op-den-BergCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00508980
Noordstraat 50, 2220 Heist-op-den-Berg
accounts 2021
Accounts 2021 · 2022-20454657

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
KAYCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00508980
Immo KVH
accounts 2017 → 2021
Accounts 2021 · 2022-20454657

Events

  1. 2025
    Annual accounts 202515,3 k €↓
  2. 2024
    Annual accounts 202417,3 k €↓
  3. 2023
    Annual accounts 202320,9 k €↑
  4. 2022
    Annual accounts 20229 k €↑
  5. 2022
    Name changeKAY
  6. 2021
    Annual accounts 20213,9 k €↑
  7. 2020
    Annual accounts 2020-53,6 k €↓
  8. 2019
    Annual accounts 2019-4,4 k €↓
  9. 2018
    Annual accounts 2018-2,6 k €↑
  10. 2017
    Annual accounts 2017-2,8 k €
  11. 05/10/2016
    IncorporationPrivate limited company