ACTIVE

KYZEN

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Financial year 2025 · closed on 31/12/2025

Net result

87,2 k €

-20.2% YoY

Gross margin

732,2 k €

+15.6% YoY

Equity

1,4 M €

+6.6% YoY

Workforce

3,1 ETP

-11.4% YoY

What does KYZEN do?

KYZEN is a Private limited company incorporated in 2008. Its main activity is: Wholesale of chemical products. Its registered office is in Aalter. It employs on average 3,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0897.813.192

Incorporation

08/05/2008

Legal form

Private limited company

Registered office

Zuidleiestraat 12 box A
9880 Aalter · FlandreSee on map

Contributed capital

1 726 126,74 €

Latest accounts

31/12/2025

Average workforce

3,1 ETP

Activities (NACE)

46751Wholesale of chemical products· main 46851Wholesale trade, except of motor vehicles and motorcycles 20130Manufacture of other inorganic basic chemicals 20130Manufacture of other inorganic basic chemicals 20140Manufacture of other organic basic chemicals 20140Manufacture of other organic basic chemicals

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive 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

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	732,2 k €	+15.6%	633,6 k €	+26.8%	499,8 k €	-0.5%	502,2 k €	+53.4%	327,3 k €	+10.4%	296,5 k €	+26.1%	235,2 k €	-15.9%	279,7 k €	+44.2%	193,9 k €	-22.8%	251,2 k €	+101%	125,2 k €	-24.9%	166,8 k €	-72.3%	602,9 k €	+718%	-97,6 k €	-124%	404,8 k €	+367%	-151,7 k €
EBITDA	168,3 k €	+15.3%	146 k €	+4.2%	140 k €	+14.1%	122,7 k €	+187%	42,8 k €	+14.4%	37,4 k €	+48.4%	25,2 k €	-69.8%	83,5 k €	+500%	-20,9 k €	-139%	54,2 k €	+310%	13,2 k €	-73.7%	50,3 k €	-80.8%	261,4 k €	+161%	-428,7 k €	-477%	113,8 k €	+124%	-472,2 k €
Operating result	72,3 k €	-39.8%	120,1 k €	-3.5%	124,5 k €	+9.3%	114 k €	+227%	34,9 k €	+10.4%	31,6 k €	+96.2%	16,1 k €	-76.9%	69,7 k €	+302%	-34,4 k €	-178%	44,3 k €	+408%	8,7 k €	-80.1%	43,8 k €	-82.4%	248,6 k €	+156%	-440,9 k €	-529%	102,8 k €	+121%	-487,6 k €
Net result	87,2 k €	-20.2%	109,3 k €	-3.6%	113,4 k €	+1.8%	111,4 k €	+217%	35,1 k €	+402%	-11,6 k €	-119%	60,5 k €	+170%	22,4 k €	+158%	-38,6 k €	+46.1%	-71,6 k €	-115%	-33,3 k €	-437%	9,9 k €	-94.0%	165,5 k €	+137%	-450,3 k €	-581%	93,5 k €	+118%	-517,3 k €
Balance sheet
Equity	1,4 M €	+6.6%	1,3 M €	+8.9%	1,2 M €	+10.2%	1,1 M €	+11.2%	997,1 k €	+4.4%	955,1 k €	+229%	-740,8 k €	+7.6%	-801,3 k €	+2.7%	-823,7 k €	-4.9%	-785,1 k €	-10.0%	-713,5 k €	-4.9%	-680,2 k €	+1.4%	-690,1 k €	+19.3%	-855,6 k €	-111%	-405,2 k €	+18.8%	-498,8 k €
Total assets	2,2 M €	+23.4%	1,8 M €	-0.5%	1,8 M €	-1.6%	1,8 M €	+34.0%	1,3 M €	+26.6%	1,1 M €	+22.5%	863,2 k €	+10.9%	778,4 k €	-12.3%	887,6 k €	+11.0%	799,6 k €	-24.8%	1,1 M €	+46.4%	726,2 k €	+27.6%	569,1 k €	+54.7%	368 k €	+66.7%	220,8 k €	-19.8%	275,3 k €
Cash	243,7 k €	-10.4%	272,1 k €	+71.9%	158,3 k €	-42.0%	272,8 k €	+11.6%	244,5 k €	+57.5%	155,3 k €	-8.0%	168,9 k €	+40.1%	120,5 k €	-34.7%	184,5 k €	+72.7%	106,8 k €	+0.7%	106 k €	+42.9%	74,2 k €	-38.8%	121,2 k €	+469%	21,3 k €	-28.7%	29,9 k €	-43.7%	53,1 k €
Debts	727,9 k €	+76.1%	413,4 k €	-21.4%	525,8 k €	-22.4%	677,6 k €	+98.4%	341,5 k €	+273%	91,6 k €	-94.2%	1,6 M €	+0.7%	1,6 M €	-3.0%	1,6 M €	+19.5%	1,3 M €	-24.3%	1,8 M €	+26.3%	1,4 M €	+11.7%	1,3 M €	+2.9%	1,2 M €	+95.4%	626 k €	-19.1%	774 k €
Other
Workforce	3,1 ETP	-11.4%	3,5 ETP	+25.0%	2,8 ETP	-6.7%	3,0 ETP	+30.4%	2,3 ETP	+15.0%	2,0 ETP	+25.0%	1,6 ETP	+14.3%	1,4 ETP	-22.2%	1,8 ETP	+5.9%	1,7 ETP	+143%	0,7 ETP	-56.3%	1,6 ETP	-42.9%	2,8 ETP	-15.2%	3,3 ETP	+17.9%	2,8 ETP	+55.6%	1,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Kyzen Corporation

Director · since 30 avril 2008

Represented by Richard Erik MILLER

Active

Ended mandates

KYZEN CORPORATION

Manager

Represented by Thomas FORSYTHE

Ended

KYZEN CORPORATION BO

Director

Represented by Thomas FORSYTHE

Ended

KYZEN CORPORATION BO

Manager

Represented by Thomas FORSYTHE

Ended

At this address

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Annual accounts

Full financial information

	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	21/05/2026	27/06/2025	18/06/2024	16/05/2023	16/06/2022	14/06/2021
General meeting	15/05/2026	15/05/2025	15/05/2024	15/05/2023	16/05/2022	17/05/2021
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/05/2026	21/05/2026	Dutch	PDF
Abridged model	31/12/2024	15/05/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	15/05/2024	18/06/2024	Dutch	PDF
Abridged model	31/12/2022	15/05/2023	16/05/2023	Dutch	PDF
Abridged model	31/12/2021	16/05/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	17/05/2021	14/06/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/05/2018	05/06/2018	Dutch	PDF
Abridged model	31/12/2016	15/05/2017	01/06/2017	Dutch	PDF
Abridged model	31/12/2015	26/08/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	19/08/2015	Dutch	PDF
Abridged model	31/12/2013	15/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/05/2013	20/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	16/08/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	31/08/2010	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Kyzen Corporation

Director · since 30 avril 2008

Represented by Richard Erik MILLER

Active

Ended mandates

KYZEN CORPORATION

Manager

Represented by Thomas FORSYTHE

Ended

KYZEN CORPORATION BO

Director

Represented by Thomas FORSYTHE

Ended

KYZEN CORPORATION BO

Manager

Represented by Thomas FORSYTHE

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/12/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares20/02/2020
KAPITAAL - AANDELEN
PDF
Registered office15/03/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/11/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/10/2008
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/07/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other19/05/2008
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

2025
Annual accounts 202587,2 k €↓
2024
Annual accounts 2024109,3 k €↓
2023
Annual accounts 2023113,4 k €↑
2022
Annual accounts 2022111,4 k €↑
2021
Annual accounts 202135,1 k €↑
2019
Annual accounts 2019-11,6 k €↓
2018
Annual accounts 201860,5 k €↑
2017
Annual accounts 201722,4 k €↑
2016
Annual accounts 2016-38,6 k €↑
2015
Annual accounts 2015-71,6 k €↓
2014
Annual accounts 2014-33,3 k €↓
2013
Annual accounts 20139,9 k €↓
2012
Annual accounts 2012165,5 k €↑
2011
Annual accounts 2011-450,3 k €↓
2010
Annual accounts 201093,5 k €↑
2009
Annual accounts 2009-517,3 k €
08/05/2008
IncorporationPrivate limited company

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

KYZEN

Overview

What does KYZEN do?

Trend over 16 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