ACTIVE

KUMAX

Financial year 2025 · closed on 30/09/2025
Net result
11,1 k €
-97.9% YoY
Gross margin
1,5 M €
-14.4% YoY
Equity
6,6 M €
+0.2% YoY
Workforce
0,8 ETP
+700.0% YoY

What does KUMAX do?

KUMAX is a Private limited company incorporated in 2004. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Hasselt. It employs on average 0,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0863.276.244
Incorporation
06/02/2004
Legal form
Private limited company
Registered office
Goorstraat 115
3511 Hasselt · FlandreSee on map
Contributed capital
74 400,00 €
Latest accounts
30/09/2025
Average workforce
0,8 ETP
Joint committees (1)
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220202013201220112010200920082007
Income statement
Gross margin1,5 M €1,7 M €1,8 M €2,4 M €2,1 M €142,9 k €182,9 k €372,3 k €92,5 k €87,2 k €214,1 k €112,0 k €
EBITDA1,4 M €1,6 M €1,8 M €2,3 M €2,1 M €139,7 k €172,2 k €361,7 k €73,8 k €83,5 k €186,8 k €110,2 k €
Operating result250,4 k €869,8 k €1,4 M €2,0 M €1,4 M €85,1 k €81,8 k €259,6 k €33,1 k €67,0 k €171,0 k €101,7 k €
Net result11,1 k €540,8 k €973,6 k €1,6 M €713,3 k €35,0 k €36,7 k €149,8 k €16,2 k €37,4 k €113,6 k €59,2 k €
Balance sheet
Equity6,6 M €6,6 M €7,2 M €6,2 M €3,7 M €151,4 k €116,4 k €119,7 k €19,9 k €103,7 k €126,3 k €14,3 k €
Total assets23,4 M €15,3 M €12,2 M €11,4 M €11,7 M €961,8 k €948,5 k €704,5 k €422,7 k €211,3 k €246,5 k €120,9 k €
Cash644,8 k €83,1 k €111,9 k €1,2 M €830,1 k €257,8 k €265,6 k €207,0 k €138,0 k €91,1 k €13,3 k €10,6 k €
Debts16,9 M €8,8 M €5,0 M €5,2 M €8,0 M €752,2 k €773,6 k €537,9 k €362,4 k €82,6 k €95,2 k €106,6 k €
Other
Workforce0,8 ETP0,1 ETP0,1 ETP0,3 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 30/09/2025 · 1 active · 10 ended

Active mandates

Maxime Robert Kumpen

Director · since 03 février 2004

Active

Ended mandates

Alexandra Gemis

Director · since 01 octobre 2017 · until 29 juin 2020

Ended
Stevas

Director · since 01 février 2013 · until 04 février 2019 · 0421.013.256

Represented by Robert Kumpen

Ended
Stevas

Director · since 01 février 2013 · until 29 juin 2020 · 0421.013.256

Represented by Maxime Robert Kumpen

Ended
Stevas

Manager · since 01 février 2013 · until 04 février 2019 · 0421.013.256

Represented by Robert Kumpen

Ended
At this address

Other companies at this address

CompanyCBE no.
KUMPENActive
0460.578.071
LOJU InvestActive
1024.156.484
RK-INVESTActive
0458.090.616
SOJUMAXActive
0471.759.302
SOMAJUActive
0725.663.334
StevasActive
0421.013.256
0722.773.427
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/04/202629/04/202529/03/202427/04/202331/03/202226/02/2021
General meeting31/03/202631/03/202529/03/202419/04/202331/03/202201/02/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202531/03/202620/04/2026DutchPDF
Abridged model30/09/202431/03/202529/04/2025DutchPDF
Abridged model30/09/202329/03/202429/03/2024DutchPDF
Abridged model30/09/202219/04/202327/04/2023DutchPDF
Abridged model30/09/202131/03/202231/03/2022DutchPDF
Abridged model30/09/202001/02/202126/02/2021DutchPDF
Abridged model30/09/201930/03/202024/04/2020DutchPDF
Abridged model30/09/201804/02/201928/03/2019DutchPDF
Abridged model30/09/201705/02/201808/08/2018DutchPDF
Abridged model30/09/201606/02/201731/03/2017DutchPDF
Abridged model30/09/201501/02/201628/04/2016DutchPDF
Abridged model30/09/201402/02/201525/06/2015DutchPDF
Abridged model30/09/201303/02/201430/04/2014DutchPDF
Abridged model30/09/201204/02/201330/04/2013DutchPDF
Abridged model30/09/201106/02/201214/05/2012DutchPDF
Abridged model30/09/201007/02/201130/05/2011DutchPDF
Abridged model30/09/200901/02/201029/04/2010DutchPDF
Abridged model30/09/200802/02/200907/04/2009DutchPDF
Abridged model30/09/200704/02/200827/05/2008DutchPDF
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 30/09/2025 · 1 active · 10 ended

Active mandates

Maxime Robert Kumpen

Director · since 03 février 2004

Active

Ended mandates

Alexandra Gemis

Director · since 01 octobre 2017 · until 29 juin 2020

Ended
Stevas

Director · since 01 février 2013 · until 04 février 2019 · 0421.013.256

Represented by Robert Kumpen

Ended
Stevas

Director · since 01 février 2013 · until 29 juin 2020 · 0421.013.256

Represented by Maxime Robert Kumpen

Ended
Stevas

Manager · since 01 février 2013 · until 04 février 2019 · 0421.013.256

Represented by Robert Kumpen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/02/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/08/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Capital / shares07/11/2014
    KAPITAAL - AANDELEN
    PDF
  • Mandates02/12/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/01/2011
    NAAMSWIJZIGING - DOELSWIJZIGING
    PDF
  • Mandates09/09/2008
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/12/2006
    STATUTENWIJZIGINGEN
    PDF
  • Mandates21/04/2005
    BENAMING - ONTSLAGEN - BENOEMINGEN - DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 202511,1 k €
  2. 2024
    Annual accounts 2024540,8 k €
  3. 2023
    Annual accounts 2023973,6 k €
  4. 2022
    Annual accounts 20221,6 M €
  5. 2020
    Annual accounts 2020713,3 k €
  6. 2013
    Annual accounts 201335,0 k €
  7. 2012
    Annual accounts 201236,7 k €
  8. 2011
    Annual accounts 2011149,8 k €
  9. 2010
    Annual accounts 201016,2 k €
  10. 2009
    Annual accounts 200937,4 k €
  11. 2008
    Annual accounts 2008113,6 k €
  12. 2007
    Annual accounts 200759,2 k €
  13. 06/02/2004
    IncorporationPrivate limited company