ACTIVE

Kieskeur

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Financial year 2026 · closed on 31/01/2026

Net result

381,5 k €

-26.3% YoY

Gross margin

2 M €

-2.9% YoY

Equity

2 M €

+23.9% YoY

Workforce

27,8 ETP

+4.9% YoY

What does Kieskeur do?

Kieskeur is a Public limited company incorporated in 1975. Its registered office is in Oostkamp. It employs on average 27,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.804.959

Incorporation

01/01/1975

Legal form

Public limited company

Registered office

Kortrijksestraat 103
8020 Oostkamp · FlandreSee on map

Contributed capital

198 000,00 €

Latest accounts

31/01/2026

Average workforce

27,8 ETP

Joint committees (8)

119
11900
11901
11902
201
202
20201
20203

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2026		2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	2 M €	-2.9%	2 M €	+5.5%	1,9 M €	+28.6%	1,5 M €	-8.5%	1,6 M €	-21.1%	2,1 M €	-5.9%	2,2 M €	+17.2%	1,9 M €	-0.6%	1,9 M €		–		–		–		–		–		–		–		–		–
EBITDA	622,6 k €	-14.2%	725,9 k €	+9.1%	665,2 k €	+531%	105,4 k €	-64.3%	295 k €	-25.5%	395,7 k €	-41.1%	671,6 k €	+72.0%	390,5 k €	+4.0%	375,6 k €	+53.1%	245,3 k €	+22.4%	200,4 k €	-59.8%	498 k €	+10.9%	449,1 k €	-20.8%	566,9 k €	-12.1%	644,9 k €	+3.7%	622,1 k €	-24.2%	820,6 k €	+20.5%	681,3 k €
Operating result	497,6 k €	-1.2%	503,8 k €	+44.0%	349,8 k €	+287%	-187,2 k €	-1158%	17,7 k €	+51.6%	11,7 k €	-94.7%	221,9 k €	+286%	57,6 k €	-78.3%	265,7 k €	+71.5%	154,9 k €	+5.7%	146,6 k €	-65.2%	421,1 k €	+97.7%	212,9 k €	+29.4%	164,6 k €	-19.1%	203,4 k €	+13.6%	179,1 k €	-54.6%	394,2 k €	+34.9%	292,3 k €
Net result	381,5 k €	-26.3%	517,7 k €	+48.3%	349,2 k €	+282%	-191,5 k €	-3688%	5,3 k €	+129%	-18,7 k €	-110%	194,1 k €	+227%	59,4 k €	-66.4%	176,9 k €	+59.0%	111,2 k €	-4.6%	116,5 k €	-50.8%	236,7 k €	+5.2%	225 k €	+23.5%	182,2 k €	-14.9%	214,1 k €	+4.3%	205,3 k €	-41.3%	349,5 k €	+26.6%	276 k €
Balance sheet
Equity	2 M €	+23.9%	1,6 M €	+8.0%	1,5 M €	+8.9%	1,4 M €	-12.4%	1,5 M €	+14.7%	1,3 M €	-14.0%	1,6 M €	+13.3%	1,4 M €	+4.5%	1,3 M €	+15.4%	1,1 M €	+10.7%	1 M €	+12.7%	919,2 k €	-72.8%	3,4 M €	+7.1%	3,2 M €	+2.0%	3,1 M €	+7.4%	2,9 M €	+7.6%	2,7 M €	+10.2%	2,4 M €
Total assets	3,7 M €	+5.0%	3,5 M €	+11.9%	3,1 M €	+11.4%	2,8 M €	+5.5%	2,7 M €	-28.0%	3,7 M €	-10.8%	4,1 M €	+1.4%	4,1 M €	+42.8%	2,9 M €	+5.3%	2,7 M €	-9.8%	3 M €	-25.5%	4 M €	-17.5%	4,9 M €	+3.5%	4,7 M €	+1.6%	4,7 M €	-6.3%	5 M €	+12.8%	4,4 M €	+6.1%	4,1 M €
Cash	1,7 M €	+22.9%	1,4 M €	+39.0%	991,3 k €	+34.8%	735,6 k €	-11.5%	831,4 k €	+9.7%	758 k €	-38.1%	1,2 M €	+20.3%	1 M €	-15.4%	1,2 M €	+31.9%	912 k €	+44.2%	632,6 k €	-65.2%	1,8 M €	+104%	891,4 k €	-53.1%	1,9 M €	+51.9%	1,3 M €	+76.2%	710 k €	+53.2%	463,3 k €	+43.5%	322,9 k €
Debts	1,7 M €	-10.9%	1,9 M €	+15.4%	1,6 M €	+13.9%	1,4 M €	+30.2%	1,1 M €	-52.5%	2,3 M €	-8.9%	2,6 M €	-4.7%	2,7 M €	+76.0%	1,5 M €	-2.2%	1,6 M €	-20.6%	2 M €	-36.4%	3,1 M €	+106%	1,5 M €	-3.3%	1,6 M €	+4.2%	1,5 M €	-24.5%	2 M €	+26.0%	1,6 M €	+3.8%	1,5 M €
Other
Workforce	27,8 ETP	+4.9%	26,5 ETP	-11.4%	29,9 ETP	-14.3%	34,9 ETP	-3.1%	36,0 ETP	-23.1%	46,8 ETP	+8.6%	43,1 ETP	+2.4%	42,1 ETP	-2.3%	43,1 ETP	+5.4%	40,9 ETP	-0.2%	41,0 ETP	-5.7%	43,5 ETP	-2.5%	44,6 ETP	+7.0%	41,7 ETP	+5.3%	39,6 ETP	-4.8%	41,6 ETP	+2.0%	40,8 ETP	+7.4%	38,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/01/2026 · 2 active · 20 ended

Active mandates

Ivan Van Boxstael

Director · since 27 mai 2025 · until 13 juillet 2031

Active

Savabo

Director · since 27 mai 2025 · until 13 mars 2031 · 0842.731.149

Represented by Els SANDERS

Active

Ended mandates

Simon Van Boxstael

Director · since 01 août 2022 · until 27 mai 2025

Ended

Ivan Van Boxstael

Director · since 28 janvier 2020 · until 27 mai 2025

Ended

Savabo

Managing director · since 28 janvier 2020 · until 27 mai 2025 · 0842.731.149

Represented by Els SANDERS

Ended

ELS SANDERS

Director · since 31 mai 2017 · until 31 mai 2023

Ended

At this address

Other companies at this address

Company	CBE no.
Savabo● Active	0842.731.149

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/02/2025	01/02/2024	01/02/2023	01/02/2022	01/02/2021	01/02/2020
Closing of the financial year	31/01/2026	31/01/2025	31/01/2024	31/01/2023	31/01/2022	31/01/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2026	16/07/2025	18/07/2024	29/08/2023	01/08/2022	14/07/2021
General meeting	11/07/2026	12/07/2025	13/07/2024	21/08/2023	22/07/2022	06/07/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/01/2026	11/07/2026	16/07/2026	Dutch	PDF
Abridged model	31/01/2025	12/07/2025	16/07/2025	Dutch	PDF
Abridged model	31/01/2024	13/07/2024	18/07/2024	Dutch	PDF
Abridged model	31/01/2023	21/08/2023	29/08/2023	Dutch	PDF
Abridged model	31/01/2022	22/07/2022	01/08/2022	Dutch	PDF
Abridged model	31/01/2021	06/07/2021	14/07/2021	Dutch	PDF
Abridged model	31/01/2020	22/06/2020	15/07/2020	Dutch	PDF
Abridged model	31/01/2019	17/07/2019	29/07/2019	Dutch	PDF
Abridged model	31/01/2018	27/07/2018	07/08/2018	Dutch	PDF
Abridged model	31/01/2017	30/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/01/2016	25/06/2016	27/07/2016	Dutch	PDF
Full model	31/01/2015	17/06/2015	17/07/2015	Dutch	PDF
Full model	31/01/2014	10/07/2014	25/07/2014	Dutch	PDF
Full model	31/01/2013	05/07/2013	26/07/2013	Dutch	PDF
Full model	31/01/2012	30/05/2012	23/07/2012	Dutch	PDF
Full model	31/01/2011	15/06/2011	28/07/2011	Dutch	PDF
Full model	31/01/2010	24/06/2010	23/08/2010	Dutch	PDF
Full model	31/01/2009	27/05/2009	13/07/2009	Dutch	PDF
Full model	31/01/2008	02/07/2008	28/07/2008	Dutch	PDF
Full model	31/01/2007	30/05/2007	25/07/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/01/2026 · 2 active · 20 ended

Active mandates

Ivan Van Boxstael

Director · since 27 mai 2025 · until 13 juillet 2031

Active

Savabo

Director · since 27 mai 2025 · until 13 mars 2031 · 0842.731.149

Represented by Els SANDERS

Active

Ended mandates

Simon Van Boxstael

Director · since 01 août 2022 · until 27 mai 2025

Ended

Ivan Van Boxstael

Director · since 28 janvier 2020 · until 27 mai 2025

Ended

Savabo

Managing director · since 28 janvier 2020 · until 27 mai 2025 · 0842.731.149

Represented by Els SANDERS

Ended

ELS SANDERS

Director · since 31 mai 2017 · until 31 mai 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares10/02/2026
KAPITAAL - AANDELEN
PDF
Mandates17/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates02/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2012
ONTSLAGEN - BENOEMINGEN
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

2026
Annual accounts 2026381,5 k €↓
2025
Annual accounts 2025517,7 k €↑
2024
Annual accounts 2024349,2 k €↑
2023
Annual accounts 2023-191,5 k €↓
2022
Annual accounts 20225,3 k €↑
2019
Annual accounts 2019-18,7 k €↓
2018
Annual accounts 2018194,1 k €↑
2017
Annual accounts 201759,4 k €↓
2016
Annual accounts 2016176,9 k €↑
2015
Annual accounts 2015111,2 k €↓
2014
Annual accounts 2014116,5 k €↓
2013
Annual accounts 2013236,7 k €↑
2012
Annual accounts 2012225 k €↑
2011
Annual accounts 2011182,2 k €↓
2010
Annual accounts 2010214,1 k €↑
2009
Annual accounts 2009205,3 k €↓
2008
Annual accounts 2008349,5 k €↑
2007
Annual accounts 2007276 k €
01/01/1975
IncorporationPublic 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

Kieskeur

Overview

What does Kieskeur 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