ACTIVE

K-NAL

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Financial year 2025 · Closed on 31/12/2025

Net result
22,4 k €
-75,7 %over 1 year
Gross margin
639,8 k €
-7,8 %over 1 year
Equity
423,2 k €
+5,6 %over 1 year
Workforce
13,5 ETP
-1,5 %over 1 year

Identity

Source · BCE/KBO

K-NAL is a Public limited company incorporated in 2004. Its registered office is in Waterloo. It employs on average 13,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0870.811.857
Incorporation
27/12/2004
Legal form
Public limited company
Registered office
Chaussée de Bruxelles 121
1410 Waterloo · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
13,5 ETP
Joint committees (1)
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin639,8 k €694 k €463,8 k €650,6 k €353,8 k €
EBITDA139,3 k €220,8 k €12,4 k €204,7 k €55,2 k €
Operating result44,6 k €126,5 k €-52,3 k €157,7 k €22,1 k €
Net result22,4 k €92 k €-63,3 k €146,6 k €14,4 k €
Balance sheet
Equity423,2 k €400,9 k €308,9 k €372,2 k €225,6 k €
Total assets874,4 k €910 k €1 M €636,8 k €423,6 k €
Cash21 k €46,4 k €71,1 k €104,8 k €56,2 k €
Debts451,1 k €509,2 k €716,1 k €264,6 k €198 k €
Other
Workforce13,5 ETP13,7 ETP11,9 ETP13,6 ETP15,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 31 ended

Active mandates

Jonathan BLANCHART

Managing director · since 01 avril 2023 · until 31 mars 2029

Active
Françoise Failon

Director · since 01 août 2021 · until 31 juillet 2027

Active

Ended mandates

Jonathan BLANCHART

Managing director · since 20 avril 2018 · until 19 avril 2024

Ended
Thierry BLANCHART

Director · since 20 avril 2018 · until 19 avril 2024

Ended
Jonathan BLANCHART

Managing director · since 01 octobre 2015 · until 19 avril 2018

Ended
BJP

Director · since 19 avril 2012 · until 19 avril 2018 · 0479.687.170

Represented by Thierry BLANCHART

Ended

Other companies at this address

Chaussée de Bruxelles 121 1410 Waterloo
CompanyCBE no.
28● Active
0463.670.688

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date27/08/202631/08/202528/08/202430/08/202330/08/202226/08/2021
General meeting01/06/202602/06/202503/06/202405/06/202306/06/202207/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202627/08/2026FrenchPDF
Abridged model31/12/202402/06/202531/08/2025FrenchPDF
Abridged model31/12/202303/06/202428/08/2024FrenchPDF
Abridged model31/12/202205/06/202330/08/2023FrenchPDF
Abridged model31/12/202106/06/202230/08/2022FrenchPDF
Abridged model31/12/202007/06/202126/08/2021FrenchPDF
Abridged model31/12/201901/06/202031/08/2020FrenchPDF
Abridged model31/12/201803/06/201931/07/2019FrenchPDF
Abridged model31/12/201704/06/201820/07/2018FrenchPDF
Abridged model31/12/201605/06/201709/08/2017FrenchPDF
Abridged model31/12/201504/06/201630/08/2016FrenchPDF
Abridged model31/12/201401/06/201517/08/2015FrenchPDF
Abridged model31/12/201302/06/201425/09/2014FrenchPDF
Abridged model31/12/201203/06/201304/07/2013FrenchPDF
Abridged model31/12/201104/06/201227/08/2012FrenchPDF
Abridged model31/12/201006/06/201124/08/2011FrenchPDF
Abridged model31/12/200907/06/201027/08/2010FrenchPDF
Abridged model31/12/200822/06/200929/07/2009FrenchPDF
Abridged model31/12/200729/08/200830/09/2008FrenchPDF
Abridged model31/12/200605/06/200724/08/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 31 ended

Active mandates

Jonathan BLANCHART

Managing director · since 01 avril 2023 · until 31 mars 2029

Active
Françoise Failon

Director · since 01 août 2021 · until 31 juillet 2027

Active

Ended mandates

Jonathan BLANCHART

Managing director · since 20 avril 2018 · until 19 avril 2024

Ended
Thierry BLANCHART

Director · since 20 avril 2018 · until 19 avril 2024

Ended
Jonathan BLANCHART

Managing director · since 01 octobre 2015 · until 19 avril 2018

Ended
BJP

Director · since 19 avril 2012 · until 19 avril 2018 · 0479.687.170

Represented by Thierry BLANCHART

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/07/2023
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates09/12/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/09/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office05/07/2017
    SIEGE SOCIAL
    PDF
  • Mandates31/12/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office12/04/2013
    SIEGE SOCIAL
    PDF
  • Mandates15/05/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/11/2010
    DEMISSIONS, NOMINATIONS
    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 202522,4 k €↓
  2. 2024
    Annual accounts 202492 k €↑
  3. 2023
    Annual accounts 2023-63,3 k €↓
  4. 2022
    Annual accounts 2022146,6 k €↑
  5. 2021
    Annual accounts 202114,4 k €↑
  6. 2020
    Annual accounts 202013,2 k €↑
  7. 2019
    Annual accounts 2019-48,2 k €↓
  8. 2018
    Annual accounts 2018173,1 k €↓
  9. 2017
    Annual accounts 2017216,6 k €↑
  10. 2016
    Annual accounts 201698,3 k €↑
  11. 2015
    Annual accounts 201538 k €↑
  12. 2014
    Annual accounts 2014-353,7 k €↓
  13. 2013
    Annual accounts 2013-30,6 k €↑
  14. 2012
    Annual accounts 2012-68,3 k €↓
  15. 2011
    Annual accounts 2011-27,3 k €↓
  16. 2010
    Annual accounts 20106,5 k €↑
  17. 2009
    Annual accounts 2009-52,8 k €↓
  18. 2008
    Annual accounts 2008-22,1 k €↓
  19. 2007
    Annual accounts 200748 k €↓
  20. 2006
    Annual accounts 2006112 k €
  21. 27/12/2004
    IncorporationPublic limited company