ACTIVE

KSD

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Financial year 2025 · closed on 30/09/2025
Net result
17,4 k €
-78.0% YoY
Gross margin
263,7 k €
-25.2% YoY
Equity
945,9 k €
+1.9% YoY

What does KSD do?

KSD is a Public limited company incorporated in 2005. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0874.488.157
Incorporation
01/06/2005
Legal form
Public limited company
Registered office
Adelaarsstraat 24
9051 Gent · FlandreSee on map
Contributed capital
900 000,00 €
Latest accounts
30/09/2025
Activities (NACE)
68201Rental and operating of own or leased real estate· main68201Rental and operating of own or leased real estate
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222013201220112010200920082007
Income statement
Gross margin263,7 k €352,5 k €397,8 k €489 k €246,5 k €258,1 k €104,1 k €23,3 k €219,5 k €-117,5 k €-40,9 k €
EBITDA250,4 k €315,5 k €369,5 k €479,1 k €243,7 k €255,4 k €101,2 k €28,8 k €133 k €-139,3 k €-50,1 k €
Operating result39,7 k €104,1 k €158 k €267,8 k €91,8 k €85,4 k €30,4 k €28,8 k €-49,9 k €-295,8 k €-79,5 k €
Net result17,4 k €78,9 k €129,8 k €236,7 k €14,6 k €4,1 k €-60,4 k €136,4 k €-284,4 k €-446,3 k €-147,7 k €
Balance sheet
Equity945,9 k €928,5 k €849,6 k €719,8 k €60,7 k €46,1 k €42 k €-735,7 k €-872,1 k €-587,7 k €-141,5 k €
Total assets2,5 M €2,8 M €3 M €3,1 M €3,5 M €3,9 M €4 M €6,2 M €4,5 M €3,8 M €2,9 M €
Cash39,6 k €75,6 k €52,5 k €38,3 k €243,8 k €112,5 k €24,3 k €6,4 k €5,7 k €10,3 k €577,1 €
Debts1,6 M €1,8 M €2,2 M €2,4 M €3,4 M €3,8 M €3,9 M €7 M €5,4 M €4,4 M €3,1 M €
Other
Workforce––––––––2,1 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 · 19 ended

Active mandates

Louis Lannoo

Director · since 05 février 2020

Active

Ended mandates

Laura Lannoo

Director · since 29 mars 2019 · until 05 février 2020

Ended
LEXXUS

Director · since 29 mars 2019 · until 05 février 2020 · 0444.630.974

Represented by Louis Lannoo

Ended
Louis Lannoo

Managing director · since 29 mars 2019 · until 05 février 2020

Ended
Laura Lannoo

Director · since 22 février 2016 · until 29 mars 2019

Ended
At this address

Other companies at this address

CompanyCBE no.
BELFORT 18● Active
0673.722.408
LEXXUS● Active
0444.630.974
LEXXUS-KSD-BTW-eenheid● Active
0836.495.237
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 date19/12/202531/03/202529/03/202431/03/202328/03/202229/03/2021
General meeting18/12/202528/03/202529/03/202431/03/202325/03/202226/03/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202518/12/202519/12/2025DutchPDF
Abridged model30/09/202428/03/202531/03/2025DutchPDF
Abridged model30/09/202329/03/202429/03/2024DutchPDF
Abridged model30/09/202231/03/202331/03/2023DutchPDF
Abridged model30/09/202125/03/202228/03/2022DutchPDF
Abridged model30/09/202026/03/202129/03/2021DutchPDF
Abridged model30/09/201927/03/202030/03/2020DutchPDF
Abridged model30/09/201829/03/201902/04/2019DutchPDF
Abridged model30/09/201730/03/201805/04/2018DutchPDF
Abridged model30/09/201631/03/201706/04/2017DutchPDF
Abridged model30/09/201501/03/201624/03/2016DutchPDF
Abridged model30/09/201427/03/201530/03/2015DutchPDF
Abridged model30/09/201328/03/201431/03/2014DutchPDF
Abridged model30/09/201229/03/201303/04/2013DutchPDF
Abridged model30/09/201130/03/201217/04/2012DutchPDF
Abridged model30/09/201025/03/201130/04/2011DutchPDF
Abridged model30/09/200926/03/201030/04/2010DutchPDF
Abridged model30/09/200827/03/200928/05/2009DutchPDF
Abridged model30/09/200728/03/200828/03/2008DutchPDF
Abridged model30/09/200630/03/200730/03/2007DutchPDF
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 · 19 ended

Active mandates

Louis Lannoo

Director · since 05 février 2020

Active

Ended mandates

Laura Lannoo

Director · since 29 mars 2019 · until 05 février 2020

Ended
LEXXUS

Director · since 29 mars 2019 · until 05 février 2020 · 0444.630.974

Represented by Louis Lannoo

Ended
Louis Lannoo

Managing director · since 29 mars 2019 · until 05 février 2020

Ended
Laura Lannoo

Director · since 22 février 2016 · until 29 mars 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/02/2020
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/02/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/02/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares17/02/2011
    KAPITAAL - AANDELEN
    PDF
  • Registered office02/01/2009
    MAATSCHAPPELIJKE ZETEL - 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 202517,4 k €↓
  2. 2024
    Annual accounts 202478,9 k €↓
  3. 2023
    Annual accounts 2023129,8 k €↓
  4. 2022
    Annual accounts 2022236,7 k €↑
  5. 2013
    Annual accounts 201314,6 k €↑
  6. 2012
    Annual accounts 20124,1 k €↑
  7. 2011
    Annual accounts 2011-60,4 k €↓
  8. 2010
    Annual accounts 2010136,4 k €↑
  9. 2009
    Annual accounts 2009-284,4 k €↑
  10. 2008
    Annual accounts 2008-446,3 k €↓
  11. 2007
    Annual accounts 2007-147,7 k €
  12. 01/06/2005
    IncorporationPublic limited company