ACTIVE

KAPPA INVESTISSEMENTS IMMOBILIERS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

24,9 k €

-54.2% YoY

Gross margin

43,8 k €

-32.5% YoY

Equity

62,9 k €

+65.5% YoY

What does KAPPA INVESTISSEMENTS IMMOBILIERS do?

KAPPA INVESTISSEMENTS IMMOBILIERS is a Partnership limited by shares incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Auderghem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0895.073.537

Incorporation

21/01/2008

Legal form

Partnership limited by shares

Registered office

Avenue Herrmann-Debroux 40/42
1160 Auderghem · BruxellesSee on map

Contributed capital

1 820 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	43,8 k €	-32.5%	64,9 k €	+659%	8,6 k €	+213%	-7,6 k €	-137%	20,6 k €	+9.7%	18,8 k €	-6.4%	20,1 k €	+2196%	-957 €	+82.7%	-5,5 k €	-8.3%	-5,1 k €	-65.0%	-3,1 k €	+83.6%	-19 k €	-2.6%	-18,5 k €	-184%	22 k €	+123%	-97,6 k €	-682%	16,8 k €	-8.4%	18,3 k €	+110%	-185 k €
EBITDA	43 k €	-29.0%	60,6 k €	+726%	7,3 k €	+197%	-7,6 k €	-137%	20,2 k €	+12.6%	18 k €	+7.0%	16,8 k €	+1388%	-1,3 k €	+76.4%	-5,5 k €	-1.2%	-5,5 k €	+1.2%	-5,5 k €	+72.7%	-20,3 k €	+4.3%	-21,2 k €	-201%	21 k €	+114%	-147,5 k €	-985%	16,7 k €	-6.6%	17,9 k €	+110%	-185,3 k €
Operating result	26,1 k €	-52.4%	54,9 k €	+1299%	3,9 k €	+118%	-21,4 k €	-383%	7,6 k €	+34.9%	5,6 k €	-11.2%	6,3 k €	+154%	-11,6 k €	-104%	-5,7 k €	-4.4%	-5,5 k €	+1.2%	-5,5 k €	+72.7%	-20,3 k €	+31.2%	-29,5 k €	-543%	6,7 k €	+104%	-161,9 k €	-3224%	-4,9 k €	+95.3%	-104,6 k €	+51.7%	-216,5 k €
Net result	24,9 k €	-54.2%	54,4 k €	+427%	-16,6 k €	+22.4%	-21,4 k €	-439%	6,3 k €	+34.3%	4,7 k €	-5.2%	5 k €	+142%	-11,9 k €	-119%	-5,4 k €	-5.4%	-5,1 k €	+1.2%	-5,2 k €	+90.8%	-56,4 k €	-380%	20,2 k €	-92.0%	253 k €	+167%	-380,2 k €	-323%	-89,9 k €	+93.1%	-1,3 M €	-482%	-224,7 k €
Balance sheet
Equity	62,9 k €	+65.5%	38 k €	+332%	-16,4 k €	-6522%	255 €	-98.8%	21,7 k €	+41.2%	15,4 k €	+44.3%	10,6 k €	-94.3%	185,7 k €	-6.0%	197,5 k €	-2.7%	203 k €	-2.5%	208,1 k €	-2.4%	213,3 k €	-20.9%	269,7 k €	+8.1%	249,6 k €	+7274%	-3,5 k €	-102%	176,7 k €	-33.7%	266,6 k €	-85.0%	1,8 M €
Total assets	111,3 k €	+14.8%	96,9 k €	+185%	34 k €	-57.8%	80,7 k €	-45.8%	148,9 k €	-13.4%	171,9 k €	-18.8%	211,7 k €	-9.6%	234,1 k €	+17.1%	200 k €	-3.5%	207,3 k €	-3.0%	213,6 k €	-1.3%	216,5 k €	-27.0%	296,5 k €	-50.0%	592,7 k €	-22.1%	760,6 k €	-12.1%	865,6 k €	-1.2%	875,7 k €	-63.2%	2,4 M €
Cash	7,1 k €	+38.5%	5,1 k €	+2.2%	5 k €	-76.6%	21,5 k €	-24.2%	28,3 k €	+119%	13 k €	-35.2%	20 k €	+38.1%	14,5 k €	+49.4%	9,7 k €	-29.8%	13,8 k €	-24.5%	18,3 k €	-91.1%	204,9 k €	+3845%	5,2 k €	-83.9%	32,3 k €	-83.7%	198,9 k €	+204%	65,5 k €	-1.1%	66,2 k €	+757%	7,7 k €
Debts	48,4 k €	-17.9%	58,9 k €	+16.9%	50,4 k €	-37.4%	80,4 k €	-36.8%	127,2 k €	-18.7%	156,5 k €	-22.2%	201,1 k €	+315%	48,4 k €	+1908%	2,4 k €	-44.4%	4,3 k €	-21.1%	5,5 k €	+71.6%	3,2 k €	-80.9%	16,8 k €	-95.0%	333,1 k €	-48.4%	644,9 k €	-2.6%	661,8 k €	+8.7%	609 k €	+1.5%	600 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

ARMAND MEYERS

Managing director

Active

JULIEN MEYERS

Managing director

Active

Ended mandates

BERTRAND GUEVAR

Director · since 08 janvier 2010 · until 16 juillet 2010

Ended

Bertrand GUEVAR

Director

Ended

Bertrand GUEVARD

Director

Ended

At this address

Other companies at this address

Company	CBE no.
CARIS● Active	0690.592.092
Cincom Systems International● Active	0412.655.024
E.I.G. CONCEPT● Active	0870.326.956
Executives' Global Network Belgium● Active	0641.930.162
International Yehudi Menuhin Foundation● Active	0448.131.981
TACTIM● Active	0677.765.229
VENTUM● Active	0897.307.012

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	30/07/2026	07/08/2025	29/08/2024	09/10/2023	16/11/2022	30/08/2021
General meeting	28/05/2026	29/05/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	28/05/2026	30/07/2026	French	PDF
Micro model	31/12/2024	29/05/2025	07/08/2025	French	PDF
Micro model	31/12/2023	28/06/2024	29/08/2024	French	PDF
Micro model	31/12/2022	30/06/2023	09/10/2023	French	PDF
Micro model	31/12/2021	24/06/2022	16/11/2022	French	PDF
Micro model	31/12/2020	25/06/2021	30/08/2021	French	PDF
Micro model	31/12/2019	26/06/2020	31/08/2020	French	PDF
Micro model	31/12/2018	28/06/2019	28/08/2019	French	PDF
Micro model	31/12/2017	29/06/2018	21/08/2018	French	PDF
Micro model	31/12/2016	30/06/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	28/05/2015	21/10/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	10/09/2014	French	PDF
Abridged model	31/12/2012	19/06/2013	20/06/2013	French	PDF
Abridged model	31/12/2011	20/06/2012	02/07/2012	French	PDF
Abridged model	31/12/2010	28/09/2011	07/10/2011	French	PDF
Abridged model	31/12/2009	28/06/2010	29/06/2010	French	PDF
Abridged model	31/12/2008	28/06/2010	13/07/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 2 active · 3 ended

Active mandates

ARMAND MEYERS

Managing director

Active

JULIEN MEYERS

Managing director

Active

Ended mandates

BERTRAND GUEVAR

Director · since 08 janvier 2010 · until 16 juillet 2010

Ended

Bertrand GUEVAR

Director

Ended

Bertrand GUEVARD

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office17/11/2023
SIEGE SOCIAL
PDF
Registered office17/03/2021
SIEGE SOCIAL
PDF
Capital / shares11/04/2019
CAPITAL, ACTIONS
PDF
Mandates23/04/2015
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates27/01/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates08/07/2013
DEMISSIONS, NOMINATIONS
PDF
Registered office03/11/2011
SIEGE SOCIAL
PDF
Mandates14/06/2011
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 202524,9 k €↓
2024
Annual accounts 202454,4 k €↑
2024
Name changeKAPPA INVESTISSEMENTS IMMOBILIERS
2023
Annual accounts 2023-16,6 k €↑
2022
Annual accounts 2022-21,4 k €↓
2021
Annual accounts 20216,3 k €↑
2021
Name changeKP2I SCA
2020
Annual accounts 20204,7 k €↓
2019
Annual accounts 20195 k €↑
2018
Annual accounts 2018-11,9 k €↓
2017
Annual accounts 2017-5,4 k €↓
2016
Annual accounts 2016-5,1 k €↑
2015
Annual accounts 2015-5,2 k €↑
2014
Annual accounts 2014-56,4 k €↓
2013
Annual accounts 201320,2 k €↓
2012
Annual accounts 2012253 k €↑
2011
Annual accounts 2011-380,2 k €↓
2010
Annual accounts 2010-89,9 k €↑
2009
Annual accounts 2009-1,3 M €↓
2008
Annual accounts 2008-224,7 k €
21/01/2008
IncorporationPartnership limited by shares

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KAPPA INVESTISSEMENTS IMMOBILIERS

Overview

What does KAPPA INVESTISSEMENTS IMMOBILIERS do?

Trend over 18 financial years

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