ACTIVE

KENNETH EXPRESS

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Financial year 2025 · closed on 31/05/2025
Net result
22,7 k €
-70.4% YoY
Gross margin
495,5 k €
-1.4% YoY
Equity
295,1 k €
-2.6% YoY
Workforce
4,7 ETP
-14.5% YoY

What does KENNETH EXPRESS do?

KENNETH EXPRESS is a Public limited company incorporated in 2008. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Zottegem. It employs on average 4,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0895.756.002
Incorporation
15/02/2008
Legal form
Public limited company
Registered office
Steenweg op Aalst 5
9620 Zottegem · FlandreSee on map
Contributed capital
62 500,00 €
Latest accounts
31/05/2025
Average workforce
4,7 ETP
Activities (NACE)
47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main47112Retail sale in non-specialised stores with food, beverages or tobacco predominating47114Retail sale in non-specialised stores with food, beverages or tobacco predominating
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112009
Income statement
Gross margin495,5 k €502,8 k €499,2 k €417,9 k €461,8 k €414 k €413,2 k €419,4 k €397 k €294,4 k €381,5 k €445,8 k €409,9 k €460,9 k €407,5 k €18,5 k €
EBITDA266,3 k €301,5 k €292,7 k €231,5 k €262,1 k €219,8 k €-123,1 k €222,2 k €216,7 k €132 k €210 k €244,6 k €213,4 k €266,4 k €277,2 k €18,3 k €
Operating result98,1 k €161,2 k €119,8 k €-21,5 k €179,4 k €173,5 k €-167 k €134,9 k €189,4 k €74,2 k €156,7 k €191,4 k €163,3 k €221,2 k €195,3 k €17,2 k €
Net result22,7 k €76,5 k €77,3 k €-39,2 k €125,2 k €120,4 k €-167,7 k €81,9 k €112,6 k €27,5 k €120,2 k €116,5 k €142 k €181,2 k €178,7 k €21 k €
Balance sheet
Equity295,1 k €302,8 k €226,2 k €149 k €188,2 k €105,8 k €75,4 k €243,1 k €242,2 k €249,6 k €342,1 k €341,9 k €225,4 k €203,4 k €142,2 k €83,5 k €
Total assets2,8 M €2,6 M €2,7 M €2,3 M €1 M €804,2 k €749,1 k €1,1 M €699,3 k €563,6 k €718,7 k €804,3 k €760,7 k €810,2 k €1,1 M €371,8 k €
Cash18,4 k €10,3 k €20,1 k €22 k €363,8 k €39,4 k €32,2 k €27,6 k €25,3 k €4,1 k €29,1 k €45,9 k €32,2 k €44 k €155,2 k €1,2 k €
Debts2,5 M €2,3 M €2,5 M €2,2 M €850,1 k €698,4 k €672,5 k €825,4 k €457,1 k €312,8 k €376,6 k €462,4 k €521,5 k €597,6 k €851,8 k €288,2 k €
Other
Workforce4,7 ETP5,5 ETP5,4 ETP5,5 ETP7,1 ETP7,1 ETP7,4 ETP7,9 ETP3,8 ETP3,7 ETP4,7 ETP5,3 ETP5,7 ETP6,3 ETP5,2 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 31/05/2025 · 3 active · 9 ended

Active mandates

Eric Van Steenberge

Managing director · since 23 novembre 2020 · until 03 octobre 2026

Active
Kenneth Van Steenberge

Managing director · since 23 novembre 2020 · until 03 octobre 2026

Active
Kevin Van Steenberge

Director · since 23 novembre 2020 · until 03 octobre 2026

Active

Ended mandates

Eric Van Steenberge

Managing director · since 04 octobre 2014 · until 03 octobre 2020

Ended
Kenneth Van Steenberge

Managing director · since 04 octobre 2014 · until 03 octobre 2020

Ended
Kevin Van Steenberge

Director · since 04 octobre 2014 · until 03 octobre 2020

Ended
Eric Van Steenberge

Managing director · since 14 février 2008 · until 04 octobre 2014

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/06/202401/06/202301/06/202201/06/202101/06/202001/06/2019
Closing of the financial year31/05/202531/05/202431/05/202331/05/202231/05/202131/05/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/12/202512/12/202427/12/202321/12/202230/11/202104/12/2020
General meeting29/11/202529/11/202430/11/202327/11/202228/11/202123/11/2020
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/05/202529/11/202526/12/2025DutchPDF
Abridged model31/05/202429/11/202412/12/2024DutchPDF
Abridged model31/05/202330/11/202327/12/2023DutchPDF
Abridged model31/05/202227/11/202221/12/2022DutchPDF
Abridged model31/05/202128/11/202130/11/2021DutchPDF
Abridged model31/05/202023/11/202004/12/2020DutchPDF
Abridged model31/05/201920/11/201928/11/2019DutchPDF
Abridged model31/05/201820/11/201829/11/2018DutchPDF
Abridged model31/05/201720/11/201729/11/2017DutchPDF
Abridged model31/05/201605/10/201629/11/2016DutchPDF
Abridged model31/05/201506/11/201525/11/2015DutchPDF
Abridged model31/05/201404/10/201428/10/2014DutchPDF
Abridged model31/05/201304/11/201306/01/2014DutchPDF
Abridged model31/05/201202/11/201207/02/2013DutchPDF
Abridged model31/05/201104/11/201131/01/2012DutchPDF
Abridged model30/06/200904/12/200901/02/2010DutchPDF
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 31/05/2025 · 3 active · 9 ended

Active mandates

Eric Van Steenberge

Managing director · since 23 novembre 2020 · until 03 octobre 2026

Active
Kenneth Van Steenberge

Managing director · since 23 novembre 2020 · until 03 octobre 2026

Active
Kevin Van Steenberge

Director · since 23 novembre 2020 · until 03 octobre 2026

Active

Ended mandates

Eric Van Steenberge

Managing director · since 04 octobre 2014 · until 03 octobre 2020

Ended
Kenneth Van Steenberge

Managing director · since 04 octobre 2014 · until 03 octobre 2020

Ended
Kevin Van Steenberge

Director · since 04 octobre 2014 · until 03 octobre 2020

Ended
Eric Van Steenberge

Managing director · since 14 février 2008 · until 04 octobre 2014

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/04/2010
    DOEL - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other19/02/2008
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202522,7 k €↓
  2. 2024
    Annual accounts 202476,5 k €↓
  3. 2023
    Annual accounts 202377,3 k €↑
  4. 2022
    Annual accounts 2022-39,2 k €↓
  5. 2021
    Annual accounts 2021125,2 k €↑
  6. 2020
    Annual accounts 2020120,4 k €↑
  7. 2019
    Annual accounts 2019-167,7 k €↓
  8. 2018
    Annual accounts 201881,9 k €↓
  9. 2017
    Annual accounts 2017112,6 k €↑
  10. 2016
    Annual accounts 201627,5 k €↓
  11. 2015
    Annual accounts 2015120,2 k €↑
  12. 2014
    Annual accounts 2014116,5 k €↓
  13. 2013
    Annual accounts 2013142 k €↓
  14. 2012
    Annual accounts 2012181,2 k €↑
  15. 2011
    Annual accounts 2011178,7 k €↑
  16. 2009
    Annual accounts 200921 k €
  17. 15/02/2008
    IncorporationPublic limited company