ACTIVE

KST R & D

Financial year 2025 · Closed on 31/12/2025

Net result930 €-69,1 %over 1 year
Gross margin72,7 k €-2,0 %over 1 year
Equity8,9 k €+11,6 %over 1 year

Identity

Source · BCE/KBO

KST R & D is a Private limited company incorporated in 2021. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0762.568.864
Incorporation
27/01/2021
Legal form
Private limited company
Registered office
Rue du Charbonnage 20
4020 Liège · WallonieSee on map
Contributed capital
12 500,00 €
Latest accounts
31/12/2025
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin72,7 k €74,1 k €38,1 k €437,4 €13,6 k €
EBITDA901,6 €6,4 k €-16,7 k €89,9 €13,3 k €
Operating result901,6 €6,4 k €-16,7 k €89,9 €13,3 k €
Net result930 €3 k €-17,5 k €267 €9,7 k €
Balance sheet
Equity8,9 k €8 k €5 k €22,5 k €22,2 k €
Total assets65,8 k €71,4 k €32 k €27,6 k €27,9 k €
Cash259,3 €101,8 €4,5 €4,5 €15,5 k €
Debts56,9 k €63,3 k €27 k €5,1 k €5,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Masic Invest

Director · since 01 janvier 2025 · 1024.540.328

Represented by Marc Debaillie

Active

Ended mandates

Masic Invest

Mandate · 1024.540.328

Represented by Marc Debaillie

Ended
Paul STRUMAN

Mandate

Ended

Other companies at this address

Rue du Charbonnage 20 4020 Liège
CompanyCBE no.
0762.537.883
KST LIGHTING● Active
0897.889.705
KST Management● Active
0742.914.585
L212 Concept● Active
0759.803.770

Full financial information

Source · NBB
20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202227/01/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months12 months
Filing date21/08/202623/09/202513/08/202403/07/202313/07/2022
General meeting30/06/202630/06/202501/07/202430/06/202330/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202621/08/2026FrenchPDF
Micro model31/12/202430/06/202523/09/2025FrenchPDF
Micro model31/12/202301/07/202413/08/2024FrenchPDF
Micro model31/12/202230/06/202303/07/2023FrenchPDF
Micro model31/12/202130/06/202213/07/2022FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Masic Invest

Director · since 01 janvier 2025 · 1024.540.328

Represented by Marc Debaillie

Active

Ended mandates

Masic Invest

Mandate · 1024.540.328

Represented by Marc Debaillie

Ended
Paul STRUMAN

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/08/2025
    Nomination, Démission et Divers
    PDF
  • Other29/01/2021
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 2025930 €↓
  2. 2024
    Annual accounts 20243 k €↑
  3. 2023
    Annual accounts 2023-17,5 k €↓
  4. 2022
    Annual accounts 2022267 €↓
  5. 2021
    Annual accounts 20219,7 k €
  6. 27/01/2021
    IncorporationPrivate limited company