ACTIVE

Cki-X

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Financial year 2025 · closed on 30/09/2025

Net result

-17,8 k €

-5015.8% YoY

Gross margin

29,5 k €

-47.0% YoY

Equity

399 k €

-8.6% YoY

What does Cki-X do?

Cki-X is a Public limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Blankenberge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.202.127

Incorporation

21/10/2003

Legal form

Public limited company

Registered office

Albertstraat 27
8370 Blankenberge · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	29,5 k €	-47.0%	55,8 k €	+75.6%	31,8 k €	+10.5%	28,8 k €	-68.0%	89,9 k €	+59.7%	56,3 k €	+4.0%	54,2 k €	-45.3%	98,9 k €	+29.1%	76,6 k €	-5.1%	80,8 k €	-12.8%	92,6 k €	+53.5%	60,4 k €	-26.3%	81,9 k €	+60.7%	51 k €	-60.4%	128,7 k €	-14.9%	151,2 k €	+11.9%	135,1 k €	-13.3%	155,9 k €
EBITDA	24,5 k €	-51.5%	50,6 k €	+95.0%	25,9 k €	+11.7%	23,2 k €	-72.8%	85,5 k €	+59.2%	53,7 k €	+3.1%	52,1 k €	-45.8%	96,1 k €	+29.9%	74 k €	-7.3%	79,9 k €	-12.9%	91,8 k €	+54.8%	59,3 k €	-25.6%	79,6 k €	+61.8%	49,2 k €	-61.4%	127,4 k €	-15.0%	149,9 k €	+12.0%	133,9 k €	-12.7%	153,3 k €
Operating result	-14,6 k €	-247%	9,9 k €	+340%	-4,1 k €	+23.7%	-5,4 k €	-109%	61,7 k €	+78.9%	34,5 k €	+1.4%	34 k €	-56.7%	78,5 k €	+38.2%	56,8 k €	+57.7%	36 k €	-57.9%	85,6 k €	+61.2%	53,1 k €	-27.7%	73,5 k €	+49.3%	49,2 k €	-58.7%	119,1 k €	-15.9%	141,6 k €	+12.8%	125,5 k €	-12.6%	143,7 k €
Net result	-17,8 k €	-5016%	362,5 €	+103%	-11,2 k €	+31.2%	-16,2 k €	-135%	46,7 k €	+136%	19,8 k €	+112%	9,3 k €	-79.1%	44,7 k €	+122%	20,2 k €	+3.0%	19,6 k €	-67.1%	59,7 k €	+79.2%	33,3 k €	-38.1%	53,8 k €	+44.9%	37,1 k €	-57.3%	86,8 k €	-22.4%	111,8 k €	+12.3%	99,6 k €	-7.3%	107,3 k €
Balance sheet
Equity	399 k €	-8.6%	436,6 k €	-11.5%	493,5 k €	-2.2%	504,7 k €	-16.7%	605,9 k €	+8.4%	559,2 k €	+3.7%	539,4 k €	+1.8%	530 k €	+5.5%	502,3 k €	+13.7%	441,8 k €	+2.5%	431,2 k €	+16.1%	371,5 k €	+9.8%	338,2 k €	+18.9%	284,5 k €	-56.1%	647,4 k €	+15.5%	560,5 k €	+22.7%	456,7 k €	+25.1%	365,2 k €
Total assets	680,7 k €	-7.0%	731,6 k €	-0.6%	736 k €	-2.2%	752,8 k €	-12.9%	864,3 k €	+3.4%	835,5 k €	-1.4%	847,1 k €	-8.8%	928,7 k €	+14.3%	812,5 k €	+13.9%	713,4 k €	+8.0%	660,4 k €	+6.9%	617,7 k €	+6.8%	578,3 k €	+15.4%	501,2 k €	-33.1%	749,6 k €	+13.2%	662 k €	+23.8%	534,7 k €	+27.4%	419,8 k €
Cash	80,8 k €	+43.2%	56,4 k €	+29.3%	43,7 k €	-52.5%	91,9 k €	-70.1%	307,3 k €	+10.2%	278,9 k €	-1.4%	282,9 k €	-20.5%	356 k €	-17.7%	432,5 k €	+30.9%	330,3 k €	-8.9%	362,6 k €	-26.7%	494,8 k €	-10.4%	552,4 k €	+13.3%	487,5 k €	-34.1%	739,4 k €	+13.4%	652,2 k €	+3676%	17,3 k €	+79.0%	9,6 k €
Debts	266,1 k €	-5.3%	280,9 k €	+15.9%	242,4 k €	-2.3%	248,1 k €	-0.2%	248,5 k €	-6.7%	266,3 k €	-11.2%	300 k €	-24.8%	398,7 k €	+28.7%	309,9 k €	+19.8%	258,7 k €	+20.0%	215,6 k €	-12.4%	246,2 k €	+2.5%	240,1 k €	+10.8%	216,8 k €	+124%	96,8 k €	+0.5%	96,3 k €	+28.9%	74,7 k €	+40.5%	53,2 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 11 ended

Active mandates

Andreas SPILEERS

Director

Active

Aurélie SPILEERS

Director

Active

Kurt Spileers

Director

Active

Ended mandates

Aurélie SPILEERS

Director · since 01 janvier 2021

Ended

Andreas SPILEERS

Director · since 17 mars 2018 · until 16 mars 2024

Ended

Aurélie SPILEERS

Director · since 17 mars 2018 · until 16 mars 2024

Ended

Karolien DE GRAEVE

Director · since 21 mars 2015 · until 20 mars 2021

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/01/2026	28/04/2025	26/02/2024	28/04/2023	27/04/2022	26/03/2021
General meeting	15/12/2025	26/03/2025	19/12/2023	31/03/2023	31/03/2022	20/03/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	15/12/2025	06/01/2026	Dutch	PDF
Micro model	30/09/2024	26/03/2025	28/04/2025	Dutch	PDF
Micro model	30/09/2023	19/12/2023	26/02/2024	Dutch	PDF
Micro model	30/09/2022	31/03/2023	28/04/2023	Dutch	PDF
Micro model	30/09/2021	31/03/2022	27/04/2022	Dutch	PDF
Micro model	30/09/2020	20/03/2021	26/03/2021	Dutch	PDF
Abridged model	30/09/2019	21/03/2020	24/03/2020	Dutch	PDF
Micro model	30/09/2018	16/02/2019	04/03/2019	Dutch	PDF
Micro model	30/09/2017	17/03/2018	28/03/2018	Dutch	PDF
Abridged model	30/09/2016	26/04/2017	02/05/2017	Dutch	PDF
Abridged model	30/09/2015	19/03/2016	26/04/2016	Dutch	PDF
Abridged model	30/09/2014	21/03/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	15/03/2014	10/04/2014	Dutch	PDF
Abridged model	30/09/2012	16/03/2013	25/04/2013	Dutch	PDF
Abridged model	30/09/2011	17/03/2012	23/03/2012	Dutch	PDF
Abridged model	30/09/2010	19/03/2011	30/03/2011	Dutch	PDF
Abridged model	30/09/2009	20/03/2010	23/03/2010	Dutch	PDF
Abridged model	30/09/2008	21/03/2009	27/03/2009	Dutch	PDF
Abridged model	30/09/2007	15/03/2008	19/03/2008	Dutch	PDF
Abridged model	30/09/2006	17/03/2007	21/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 3 active · 11 ended

Active mandates

Andreas SPILEERS

Director

Active

Aurélie SPILEERS

Director

Active

Kurt Spileers

Director

Active

Ended mandates

Aurélie SPILEERS

Director · since 01 janvier 2021

Ended

Andreas SPILEERS

Director · since 17 mars 2018 · until 16 mars 2024

Ended

Aurélie SPILEERS

Director · since 17 mars 2018 · until 16 mars 2024

Ended

Karolien DE GRAEVE

Director · since 21 mars 2015 · until 20 mars 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring29/09/2022
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring14/06/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates23/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/02/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/05/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/04/2009
ONTSLAGEN - BENOEMINGEN
PDF
Other29/10/2003
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 2025-17,8 k €↓
2024
Annual accounts 2024362,5 €↑
2023
Annual accounts 2023-11,2 k €↑
2022
Annual accounts 2022-16,2 k €↓
2021
Annual accounts 202146,7 k €↑
2020
Annual accounts 202019,8 k €↑
2019
Annual accounts 20199,3 k €↓
2018
Annual accounts 201844,7 k €↑
2017
Annual accounts 201720,2 k €↑
2015
Annual accounts 201519,6 k €↓
2014
Annual accounts 201459,7 k €↑
2013
Annual accounts 201333,3 k €↓
2012
Annual accounts 201253,8 k €↑
2011
Annual accounts 201137,1 k €↓
2010
Annual accounts 201086,8 k €↓
2009
Annual accounts 2009111,8 k €↑
2008
Annual accounts 200899,6 k €↓
2007
Annual accounts 2007107,3 k €
21/10/2003
IncorporationPublic 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

Cki-X

Overview

What does Cki-X do?

Trend over 18 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