ACTIVE

KABEG

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Financial year 2025 · Closed on 31/12/2025

Net result2,2 M €+464,1 %over 1 year

Gross margin-74,6 k €-59,0 %over 1 year

Equity22,7 M €-43,5 %over 1 year

Identity

Source · BCE/KBO

KABEG is a Private limited company incorporated in 2007. Its registered office is in Bruxelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0890.763.668
Incorporation: 11/07/2007
Legal form: Private limited company
Registered office: Avenue Louise 32 box 15
1050 Bruxelles · BruxellesSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-74,6 k €	-59.0%	-46,9 k €	-23.2%	-38,1 k €	-29.7%	-29,4 k €	-7.0%	-27,4 k €
EBITDA	-75,6 k €	-57.9%	-47,9 k €	-22.7%	-39,1 k €	-29.1%	-30,2 k €	-6.8%	-28,3 k €
Operating result	-75,6 k €	-57.9%	-47,9 k €	-22.7%	-39,1 k €	-29.1%	-30,2 k €	-6.8%	-28,3 k €
Net result	2,2 M €	+464%	389,7 k €	-14.2%	454,3 k €	-6.9%	488 k €	-26.7%	666,1 k €
Balance sheet
Equity	22,7 M €	-43.5%	40,2 M €	+1.0%	39,8 M €	+1.2%	39,3 M €	+1.3%	38,8 M €
Total assets	22,7 M €	-43.7%	40,3 M €	+0.9%	40 M €	+1.6%	39,3 M €	+1.3%	38,8 M €
Cash	7,2 k €	-96.2%	188,5 k €	+908%	18,7 k €	+12.3%	16,7 k €	-93.1%	241,3 k €
Debts	26 k €	-86.2%	188,9 k €	-6.2%	201,4 k €	+489%	34,2 k €	+379%	7,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Max Vorst	Directorsince 11/10/2012Manager09/12/2015 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PRIME RETAIL CONSULTANTS0453.505.583Represented by Philip Steven van Perlstein	Director09/07/2007 → 11/10/2012
PROWINKO BELGIE HOLDING0476.703.728Represented by Max Armand Bernard Vorst	Managing director09/07/2007 → 2014 accounts

Other companies at this address

Avenue Louise 32 1050 Bruxelles

Company	CBE no.
ACKER INVEST● Active	0471.216.694
Avenue Louise 418● Active	1026.416.683
BARLOW RETAIL INVEST● Active	0568.859.369
Belgische Uitvoervereniging● Active	0409.056.126
B FLY CONSTRUCT● Bankrupt	0872.247.160
Capitole Invest● Active	0848.312.807
CASAMAX● Active	0629.762.503
EDELVALK● Active	0456.701.338
EURIS.BE● Liquidation	0872.908.047
FRED AND CO● Active	0663.582.938
Glaszwaan● Active	0773.990.912
Immo Grand Place 5-7● Active	0473.645.060
IMMO NOORD NIEUWSTRAAT● Active	0860.442.755
IMMO RUE NEUVE 13-15● Active	0476.812.111
Les Maitres Imprimeurs de Belgique● Active	0409.422.053
Louiseville● Active	0403.305.412
Masergy Invest Brussels● Active	0716.800.504
POG VvP2● Active	0417.095.050
Prosilio● Active	1000.538.766
Prowinko België● Active	0804.524.532

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2026	29/09/2025	30/07/2024	31/07/2023	18/07/2022	15/07/2021
General meeting	25/09/2026	26/09/2025	29/07/2024	31/07/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/09/2026	30/09/2026	Dutch	PDF
Abridged model	31/12/2024	26/09/2025	29/09/2025	Dutch	PDF
Abridged model	31/12/2023	29/07/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	31/07/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	18/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	15/07/2021	Dutch	PDF
Abridged model	31/12/2019	22/06/2020	08/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	17/07/2019	Dutch	PDF
Abridged model	31/12/2017	22/06/2018	16/07/2018	Dutch	PDF
Abridged model	31/12/2016	23/06/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	22/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	11/07/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	27/06/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	31/07/2009	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Max Vorst	Directorsince 11/10/2012Manager09/12/2015 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PRIME RETAIL CONSULTANTS0453.505.583Represented by Philip Steven van Perlstein	Director09/07/2007 → 11/10/2012
PROWINKO BELGIE HOLDING0476.703.728Represented by Max Armand Bernard Vorst	Managing director09/07/2007 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates21/05/2025
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/09/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates14/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other29/12/2015
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates09/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/09/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2013
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Max Vorst

PRIME RETAIL CONSULTANTS

PROWINKO BELGIE HOLDING

20072008200920102011201220132014201520162017201820192020202120222023202420252026

KABEG

Avenue Louise 32 bte 15, 1050 Ixelles

DirectorManager

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Louise 32 bte 15, 1050 IxellesCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00544168

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
KABEGCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00544168

Events

2025
Annual accounts 20252,2 M €↑
2024
Annual accounts 2024389,7 k €↓
2023
Annual accounts 2023454,3 k €↓
2022
Annual accounts 2022488 k €↓
2021
Annual accounts 2021666,1 k €↓
2020
Annual accounts 20202,1 M €↑
2019
Annual accounts 2019-453,6 k €↓
2018
Annual accounts 2018648,9 k €↓
2017
Annual accounts 201729,3 M €↑
2016
Annual accounts 20162,2 M €↑
2015
Annual accounts 2015345,2 k €↓
2014
Annual accounts 20141,8 M €↑
2013
Annual accounts 201316,7 k €↓
2012
Annual accounts 201222,8 k €↓
2011
Annual accounts 201129,5 k €↓
2010
Annual accounts 20102,3 M €↑
2009
Annual accounts 2009-74,7 k €↑
2008
Annual accounts 2008-199,8 k €
11/07/2007
IncorporationPrivate limited company

KABEG

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events