ACTIVE

KISANO Belgium

Financial year 2025 · Closed on 31/12/2025

Net result75,6 k €-10,8 %over 1 year
Gross margin519,1 k €+11,9 %over 1 year
Equity440 k €+17,9 %over 1 year
Workforce3,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

KISANO Belgium is a Public limited company incorporated in 2005. Its main activity is: Other software publishing. Its registered office is in Forest. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0874.335.432
Incorporation
08/06/2005
Legal form
Public limited company
Registered office
Avenue Van Volxem 304 box A05
1190 Forest · BruxellesSee on map
Contributed capital
203 350,00 €
Latest accounts
31/12/2025
Average workforce
3,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin519,1 k €464,1 k €339,7 k €364 k €425,6 k €
EBITDA272,6 k €240,3 k €116,9 k €134,5 k €169,7 k €
Operating result120,1 k €100,1 k €-4,5 k €27,7 k €28 k €
Net result75,6 k €84,7 k €-7,7 k €27,2 k €40,2 k €
Balance sheet
Equity440 k €373,2 k €306,1 k €331,4 k €321,7 k €
Total assets537,9 k €629,8 k €579,4 k €612,3 k €628,5 k €
Cash36,4 k €19,7 k €43,1 k €31,3 k €41,4 k €
Debts68,8 k €225,3 k €233,7 k €242,5 k €263,2 k €
Other
Workforce3,0 ETP3,0 ETP3,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 46 ended

Active mandates

André GRIVEGNEE

Director · since 30 juin 2023 · until 17 mars 2025

Active
Antoine DUCHATEAU

Director · since 30 juin 2023 · until 17 mars 2025

Active
Daniel FAVERLY

Director · since 30 juin 2023 · until 17 mars 2025

Active
Hugues VENDEPEUTTE

Director · since 30 juin 2023 · until 17 mars 2025

Active
Serge ROVENNE

Director · since 30 juin 2023

Active
Sorin CIOCEA

Managing director · since 30 juin 2023

Active

Ended mandates

André GRIVEGNEE

Director · since 30 juin 2023

Ended
Antoine DUCHATEAU

Director · since 30 juin 2023

Ended
Daniel FAVERLY

Director · since 30 juin 2023

Ended
Hugues VANDEPEUTTE

Director · since 30 juin 2023 · until 17 mars 2025

Ended

Other companies at this address

Avenue Van Volxem 304 1190 Forest
CompanyCBE no.
CLBN● Active
0784.399.606
0837.217.391
0436.107.248
Ignite Ventures● Active
0801.105.182
0403.383.507
MediJena● Active
1027.278.993
SAGA● Active
0726.407.165
SIM CONSEILS● Active
0779.308.391

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date22/07/202610/06/202528/06/202428/07/202312/07/202227/07/2021
General meeting30/06/202601/06/202507/06/202430/06/202330/06/202230/06/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202622/07/2026FrenchPDF
Abridged model31/12/202401/06/202510/06/2025FrenchPDF
Abridged model31/12/202307/06/202428/06/2024FrenchPDF
Micro model31/12/202230/06/202328/07/2023FrenchPDF
Micro model31/12/202130/06/202212/07/2022FrenchPDF
Micro model31/12/202030/06/202127/07/2021FrenchPDF
Micro model31/12/201930/06/202030/07/2020FrenchPDF
Micro model31/12/201828/06/201924/07/2019FrenchPDF
Micro model31/12/201701/06/201831/07/2018FrenchPDF
Micro modelCorrection31/12/201602/06/201728/08/2017FrenchPDF
Micro model31/12/201602/06/201724/07/2017FrenchPDF
Abridged model31/12/201503/06/201629/08/2016FrenchPDF
Abridged model31/12/201405/06/201526/06/2015FrenchPDF
Abridged model31/12/201306/06/201428/08/2014FrenchPDF
Abridged model31/12/201207/06/201319/08/2013FrenchPDF
Abridged model31/12/201101/06/201218/06/2012FrenchPDF
Abridged model31/12/201030/06/201129/08/2011FrenchPDF
Abridged model31/12/200930/06/201029/07/2010FrenchPDF
Abridged model31/12/200830/06/200908/12/2009FrenchPDF
Abridged model31/12/200730/06/200828/07/2008FrenchPDF
Abridged model31/12/200630/06/200730/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

6 active · 46 ended

Active mandates

André GRIVEGNEE

Director · since 30 juin 2023 · until 17 mars 2025

Active
Antoine DUCHATEAU

Director · since 30 juin 2023 · until 17 mars 2025

Active
Daniel FAVERLY

Director · since 30 juin 2023 · until 17 mars 2025

Active
Hugues VENDEPEUTTE

Director · since 30 juin 2023 · until 17 mars 2025

Active
Serge ROVENNE

Director · since 30 juin 2023

Active
Sorin CIOCEA

Managing director · since 30 juin 2023

Active

Ended mandates

André GRIVEGNEE

Director · since 30 juin 2023

Ended
Antoine DUCHATEAU

Director · since 30 juin 2023

Ended
Daniel FAVERLY

Director · since 30 juin 2023

Ended
Hugues VANDEPEUTTE

Director · since 30 juin 2023 · until 17 mars 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL
    PDF
  • Mandates12/09/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/09/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office20/01/2015
    SIEGE SOCIAL
    PDF
  • Mandates22/01/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares24/10/2012
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 202575,6 k €↓
  2. 2024
    Annual accounts 202484,7 k €↑
  3. 2023
    Annual accounts 2023-7,7 k €↓
  4. 2022
    Annual accounts 202227,2 k €↓
  5. 2021
    Annual accounts 202140,2 k €↑
  6. 2020
    Annual accounts 2020-45,8 k €↓
  7. 2019
    Annual accounts 201924,5 k €↑
  8. 2018
    Annual accounts 201820 k €↑
  9. 2017
    Annual accounts 201715,4 k €↑
  10. 2016
    Annual accounts 2016-7,5 k €↓
  11. 2015
    Annual accounts 20155,6 k €↓
  12. 2014
    Annual accounts 201465,4 k €↑
  13. 2013
    Annual accounts 2013-54,4 k €↓
  14. 2012
    Annual accounts 2012-3,5 k €↑
  15. 2011
    Annual accounts 2011-14,3 k €↓
  16. 2011
    Name changeKISANO BELGIUM
  17. 2010
    Annual accounts 201048,1 k €↑
  18. 2009
    Annual accounts 2009-15 k €↑
  19. 2008
    Annual accounts 2008-50,9 k €↓
  20. 2007
    Annual accounts 20073,8 k €↓
  21. 2006
    Annual accounts 200625,2 k €
  22. 2006
    Name changeEUROMEDIM
  23. 08/06/2005
    IncorporationPublic limited company