ACTIVE

Charles Kesteleyn Zand en Grinthandel

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Financial year 2025 · Closed on 31/12/2025

Net result280,4 k €-89,0 %over 1 year

Revenue1,3 M €-5,2 %over 1 year

Equity4,6 M €-20,9 %over 1 year

Workforce4,2 ETP+5,0 %over 1 year

Identity

Source · BCE/KBO

Charles Kesteleyn Zand en Grinthandel is a Public limited company incorporated in 1949. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Gent. It employs on average 4,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0400.093.524
Incorporation: 08/04/1949
Legal form: Public limited company
Registered office: Zuiddokweg 50
9000 Gent · FlandreSee on map
Contributed capital: 3 062 000,00 €
Latest accounts: 31/12/2025
Average workforce: 4,2 ETP

Activities (NACE)

46731Wholesale of wood, construction materials and sanitary equipment· main 46831Wholesale trade, except of motor vehicles and motorcycles 51532Air transport 47521Retail sale of hardware, paints and glass in specialised stores 47521Retail sale of hardware, paints and glass in specialised stores 52461Warehousing and support activities for transportation

Joint committees (5)

124
200
218
226
30102

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,3 M €	-5.2%	1,3 M €	-7.6%	1,4 M €	-1.8%	1,5 M €	-6.8%	1,6 M €
EBITDA	349,5 k €	-86.1%	2,5 M €	+631%	342,9 k €	-19.8%	427,6 k €	+7.2%	399 k €
Operating result	311,4 k €	-87.2%	2,4 M €	+754%	285,3 k €	-8.7%	312,5 k €	+13.8%	274,7 k €
Net result	280,4 k €	-89.0%	2,5 M €	+337%	583,8 k €	+81.4%	321,9 k €	+3.9%	309,9 k €
Balance sheet
Equity	4,6 M €	-20.9%	5,8 M €	+21.9%	4,8 M €	+13.9%	4,2 M €	-13.9%	4,9 M €
Total assets	6,5 M €	-14.1%	7,6 M €	+50.0%	5 M €	+13.7%	4,4 M €	-12.6%	5,1 M €
Cash	2,4 M €	+343002%	686 €	-40.2%	1,1 k €	+73.8%	660 €	-41.2%	1,1 k €
Debts	1,9 M €	+10.9%	1,7 M €	+573%	251,1 k €	+11.3%	225,7 k €	+20.7%	186,9 k €
Other
Workforce	4,2 ETP	+5.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	-14.9%	4,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 32 ended

Active mandates

Director	Function	Mandate
DELAHAYE - LAUWERS0404.521.078Represented by Guy Vandebeek	Director	22/05/2025 → 20/05/2031
Dirk Cornelis Havelaar	Director	22/05/2025 → 20/05/2031
WILLEM-JAN BARENDREGT	Director	22/05/2025 → 20/05/2031

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Dirk Cornelis Havelaar	Director	12/12/2023 → 20/05/2025	000
Dirk Cornelis Havelaar	Director	12/12/2023 → 22/05/2025	000
GERT POMSTRA	Director	06/07/2020 → 18/04/2025	00
GERT POMSTRA	Director	06/07/2020 → 10/05/2025	00

Other companies at this address

Zuiddokweg 50 9000 Gent

Company	CBE no.
Georges Kesteleyn Stouwersbedrijf en Bevrachtingen● Active	0400.093.623

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	28/05/2026	04/06/2025	03/09/2024	10/08/2023	31/08/2022	07/06/2021
General meeting	13/05/2026	22/05/2025	12/06/2024	10/05/2023	15/06/2022	29/04/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	13/05/2026	28/05/2026	Dutch	PDF
Full model	31/12/2024	22/05/2025	04/06/2025	Dutch	PDF
Full model	31/12/2023	12/06/2024	03/09/2024	Dutch	PDF
Full model	31/12/2022	10/05/2023	10/08/2023	Dutch	PDF
Full model	31/12/2021	15/06/2022	31/08/2022	Dutch	PDF
Full model	31/12/2020	29/04/2021	07/06/2021	Dutch	PDF
Full model	31/12/2019	06/07/2020	02/09/2020	Dutch	PDF
Full model	31/12/2018	18/04/2019	08/07/2019	Dutch	PDF
Full model	31/12/2017	26/04/2018	11/06/2018	Dutch	PDF
Full model	31/12/2016	21/04/2017	07/06/2017	Dutch	PDF
Full model	31/12/2015	06/06/2016	27/06/2016	Dutch	PDF
Full model	31/12/2014	11/06/2015	25/06/2015	Dutch	PDF
Full modelCorrection	31/12/2013	11/06/2015	25/06/2015	Dutch	PDF
Full model	31/12/2013	20/05/2014	05/06/2014	Dutch	PDF
Full model	31/12/2012	21/05/2013	19/07/2013	Dutch	PDF
Full model	31/12/2011	15/05/2012	17/07/2012	Dutch	PDF
Full model	31/12/2010	17/05/2011	13/07/2011	Dutch	PDF
Full model	31/12/2009	18/05/2010	28/06/2010	Dutch	PDF
Full model	31/12/2008	07/05/2009	23/07/2009	Dutch	PDF
Full model	31/12/2007	06/06/2008	30/06/2008	Dutch	PDF
Full model	31/12/2006	16/05/2007	13/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

3 active · 32 ended

Active mandates

Director	Function	Mandate
DELAHAYE - LAUWERS0404.521.078Represented by Guy Vandebeek	Director	22/05/2025 → 20/05/2031
Dirk Cornelis Havelaar	Director	22/05/2025 → 20/05/2031
WILLEM-JAN BARENDREGT	Director	22/05/2025 → 20/05/2031

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Dirk Cornelis Havelaar	Director	12/12/2023 → 20/05/2025	000
Dirk Cornelis Havelaar	Director	12/12/2023 → 22/05/2025	000
GERT POMSTRA	Director	06/07/2020 → 18/04/2025	00
GERT POMSTRA	Director	06/07/2020 → 10/05/2025	00

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other15/10/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other05/08/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other15/02/2023
ALGEMENE VERGADERING
PDF
Mandates13/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2021
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025280,4 k €↓
2024
Annual accounts 20242,5 M €↑
2023
Annual accounts 2023583,8 k €↑
2022
Annual accounts 2022321,9 k €↑
2021
Annual accounts 2021309,9 k €↓
2020
Annual accounts 2020411,7 k €↑
2019
Annual accounts 2019343,8 k €↑
2018
Annual accounts 2018-230 k €↓
2017
Annual accounts 20172,6 M €↑
2016
Annual accounts 2016-556,3 k €↑
2015
Annual accounts 2015-1 M €↑
2014
Annual accounts 2014-1,6 M €↑
2013
Annual accounts 2013-1,8 M €↓
2012
Annual accounts 201290,3 k €↓
2011
Annual accounts 2011668,9 k €↑
2010
Annual accounts 2010115,8 k €↑
2009
Annual accounts 2009105,6 k €↑
2008
Annual accounts 2008-356 k €↓
2007
Annual accounts 2007318 k €↑
2006
Annual accounts 2006182,8 k €
08/04/1949
IncorporationPublic limited company

Charles Kesteleyn Zand en Grinthandel

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