ACTIVE

KST LIGHTING

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Financial year 2025 · closed on 31/12/2025

Net result

1,9 k €

-87.4% YoY

Gross margin

578,2 k €

-0.6% YoY

Equity

225,3 k €

-17.3% YoY

Workforce

6,2 ETP

-8.8% YoY

What does KST LIGHTING do?

KST LIGHTING is a Private limited company incorporated in 2008. Its main activity is: Manufacture of electric lighting equipment. Its registered office is in Liège. It employs on average 6,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0897.889.705

Incorporation

14/05/2008

Legal form

Private limited company

Registered office

Rue du Charbonnage 20
4020 Liège · WallonieSee on map

Contributed capital

150 000,00 €

Latest accounts

31/12/2025

Average workforce

6,2 ETP

Activities (NACE)

27402Manufacture of electric lighting equipment· main 27402Manufacture of electric lighting equipment 46643Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment 27900Manufacture of other electrical equipment 27900Manufacture of other electrical equipment

Joint committees (4)

149
14901
200
218

Contacts

2 public details availableLog in to view

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ 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	578,2 k €	-0.6%	581,6 k €	-13.6%	672,8 k €	+95.5%	344,1 k €	-50.8%	700 k €	-10.8%	785,1 k €	+46.8%	534,9 k €	+41.3%	378,6 k €	-18.4%	463,8 k €	-1.3%	470,1 k €	+22.5%	383,8 k €	+42.3%	269,7 k €	+9745%	-2,8 k €	-601%	558 €	+153%	-1,1 k €	-106%	-512,3 €	+40.6%	-862,6 €	+90.3%	-8,9 k €
EBITDA	72,9 k €	-15.1%	85,8 k €	-55.6%	193,5 k €	+293%	-100,2 k €	-149%	203 k €	-37.0%	322,4 k €	+273%	86,4 k €	+17.5%	73,5 k €	-15.1%	86,6 k €	+5989%	-1,5 k €	-103%	42,2 k €	-57.7%	99,6 k €	+2770%	-3,7 k €	-737%	-445,9 €	+78.1%	-2 k €	-23.0%	-1,7 k €	-1.4%	-1,6 k €	+83.4%	-9,9 k €
Operating result	47,9 k €	-26.6%	65,3 k €	-71.5%	229,2 k €	+581%	33,7 k €	-82.6%	193,7 k €	-32.3%	286,3 k €	+1809%	15 k €	+142%	-35,4 k €	-168%	52,2 k €	+307%	-25,2 k €	-224%	20,3 k €	+78.1%	11,4 k €	+406%	-3,7 k €	-737%	-445,9 €	+78.1%	-2 k €	-15.9%	-1,8 k €	-1.3%	-1,7 k €	+82.6%	-10 k €
Net result	1,9 k €	-87.4%	15,3 k €	+260%	4,2 k €	+3955%	104,8 €	-99.9%	128,3 k €	-30.4%	184,3 k €	+1822%	9,6 k €	-51.9%	19,9 k €	-40.1%	33,3 k €	+168%	-48,8 k €	-526%	11,5 k €	-51.7%	23,7 k €	+1001%	-2,6 k €	-387%	916,1 €	+295%	-469 €	+74.2%	-1,8 k €	+0.2%	-1,8 k €	+81.7%	-10 k €
Balance sheet
Equity	225,3 k €	-17.3%	272,4 k €	+6.0%	257,1 k €	+1.7%	252,8 k €	+0.0%	252,7 k €	+103%	124,4 k €	+38.1%	90,1 k €	+11.9%	80,6 k €	-11.1%	90,6 k €	-57.7%	214,4 k €	-22.5%	276,7 k €	+4.3%	265,2 k €	+105%	129,6 k €	-2.0%	132,2 k €	+0.7%	131,3 k €	-0.4%	131,7 k €	-1.4%	133,6 k €	-1.3%	135,4 k €
Total assets	1,5 M €	-2.6%	1,5 M €	+22.0%	1,3 M €	-42.6%	2,2 M €	+90.2%	1,2 M €	-20.7%	1,5 M €	+79.1%	810,5 k €	+36.6%	593,5 k €	-30.4%	853,3 k €	+33.2%	640,4 k €	+34.6%	475,8 k €	-17.1%	573,8 k €	+341%	130,2 k €	-2.0%	132,8 k €	+0.7%	131,9 k €	-0.4%	132,4 k €	-1.4%	134,2 k €	-0.9%	135,4 k €
Cash	2 k €	-92.8%	28,5 k €	+141%	11,9 k €	-20.8%	15 k €	-93.4%	225,7 k €	-19.3%	279,8 k €	+74.7%	160,2 k €	-25.2%	214 k €	+81.4%	118 k €	-0.2%	118,2 k €	+35.6%	87,1 k €	+203%	28,8 k €	-66.0%	84,6 k €	-3.0%	87,2 k €	+1.1%	86,3 k €	-0.0%	86,3 k €	-2.4%	88,5 k €	+12.3%	78,7 k €
Debts	1,2 M €	+2.1%	1,2 M €	+29.4%	928,6 k €	-49.1%	1,8 M €	+188%	633,9 k €	-40.1%	1,1 M €	+108%	508,8 k €	+30.0%	391,4 k €	-35.7%	608,3 k €	+109%	291 k €	+88.9%	154,1 k €	-50.1%	308,5 k €	+50937%	604,4 €	0.0%	604,4 €	0.0%	604,4 €	0.0%	604,4 €	0.0%	604,4 €		–
Other
Workforce	6,2 ETP	-8.8%	6,8 ETP	+9.7%	6,2 ETP	-8.8%	6,8 ETP	-6.8%	7,3 ETP	+12.3%	6,5 ETP	+16.1%	5,6 ETP	+5.7%	5,3 ETP	-5.4%	5,6 ETP	+7.7%	5,2 ETP	-1.9%	5,3 ETP	+96.3%	2,7 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 31/12/2025 · 1 active · 10 ended

Active mandates

MASIC INVEST SA

Director · since 01 janvier 2025 · 1024.540.328

Represented by Marc Debaillie

Active

Ended mandates

Paul STRUMAN

Director · since 10 mars 2020

Ended

ALBERT COIBION

Mandate

Ended

JEANINE COIBION

Mandate

Ended

JOSIANE COIBION

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
KST Business & Investment● Active	0762.537.883
KST Management● Active	0742.914.585
KST R & D● Active	0762.568.864
L212 Concept● Active	0759.803.770

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	20/08/2026	25/09/2025	14/08/2024	04/07/2023	30/06/2022	23/06/2021
General meeting	30/06/2026	30/06/2025	01/07/2024	30/06/2023	11/05/2022	12/05/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	20/08/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	25/09/2025	French	PDF
Abridged model	31/12/2023	01/07/2024	14/08/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	04/07/2023	French	PDF
Abridged model	31/12/2021	11/05/2022	30/06/2022	French	PDF
Abridged model	31/12/2020	12/05/2021	23/06/2021	French	PDF
Abridged model	31/12/2019	06/08/2020	25/09/2020	French	PDF
Abridged model	31/12/2018	08/05/2019	03/07/2019	French	PDF
Abridged model	31/12/2017	09/05/2018	05/06/2018	French	PDF
Abridged model	31/12/2016	11/09/2017	15/09/2017	French	PDF
Abridged model	31/12/2015	11/05/2016	03/10/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	14/12/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	08/05/2013	01/08/2013	French	PDF
Abridged model	31/12/2011	09/05/2012	26/07/2012	French	PDF
Abridged model	31/12/2010	11/05/2011	28/07/2011	French	PDF
Abridged model	31/12/2009	12/05/2010	08/06/2010	French	PDF
Abridged model	31/12/2008	13/05/2009	30/07/2009	French	PDF

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 31/12/2025 · 1 active · 10 ended

Active mandates

MASIC INVEST SA

Director · since 01 janvier 2025 · 1024.540.328

Represented by Marc Debaillie

Active

Ended mandates

Paul STRUMAN

Director · since 10 mars 2020

Ended

ALBERT COIBION

Mandate

Ended

JEANINE COIBION

Mandate

Ended

JOSIANE COIBION

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/08/2025
DEMISSIONS, NOMINATIONS
PDF
Other09/02/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - ASSEMBLEE GENERALE
PDF
Mandates22/07/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates06/04/2020
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates01/09/2014
DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates22/01/2014
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other22/05/2008
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 20251,9 k €↓
2024
Annual accounts 202415,3 k €↑
2023
Annual accounts 20234,2 k €↑
2022
Annual accounts 2022104,8 €↓
2021
Annual accounts 2021128,3 k €↓
2020
Annual accounts 2020184,3 k €↑
2019
Annual accounts 20199,6 k €↓
2018
Annual accounts 201819,9 k €↓
2017
Annual accounts 201733,3 k €↑
2016
Annual accounts 2016-48,8 k €↓
2015
Annual accounts 201511,5 k €↓
2014
Annual accounts 201423,7 k €↑
2013
Annual accounts 2013-2,6 k €↓
2012
Annual accounts 2012916,1 €↑
2011
Annual accounts 2011-469 €↑
2010
Annual accounts 2010-1,8 k €↑
2009
Annual accounts 2009-1,8 k €↑
2008
Annual accounts 2008-10 k €
14/05/2008
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

KST LIGHTING

Overview

What does KST LIGHTING 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