HORLOGERIE SERGE KESTERMANS
0416.320.733 · rovalta.com · 27/09/2026
ACTIVE
HORLOGERIE SERGE KESTERMANS
Financial year 2025 · Closed on 31/12/2025
Net result27,7 k €-26,6 %over 1 year
Gross margin123,1 k €-3,9 %over 1 year
Equity377,2 k €+7,9 %over 1 year
Overview
Identity
Source · BCE/KBOHORLOGERIE SERGE KESTERMANS is a Private company with limited liability incorporated in 1976. Its main activity is: Retail sale of watches and jewellery in specialised stores. Its registered office is in Saint-Ghislain.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0416.320.733
- Incorporation
- 08/07/1976
- Legal form
- Private company with limited liability
- Registered office
- Grand'Place(SG) 1
7330 Saint-Ghislain · WallonieSee on map - Contributed capital
- 18 592,01 €
- Latest accounts
- 31/12/2025
Activities (NACE)
47770Retail sale of watches and jewellery in specialised stores· main47770Retail sale of watches and jewellery in specialised stores52484Warehousing and support activities for transportation52730Warehousing and support activities for transportation95250Repair of watches, clocks and jewellery95250Repair of watches, clocks and jewellery
Joint committees (1)
- 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 123,1 k € | -3.9% | 128 k € | +25.8% | 101,8 k € | +4.3% | 97,6 k € | -22.2% | 125,5 k € |
| EBITDA | 59 k € | -7.4% | 63,7 k € | +53.1% | 41,6 k € | +4.0% | 40 k € | -50.4% | 80,8 k € |
| Operating result | 49,1 k € | -0.4% | 49,3 k € | +56.2% | 31,6 k € | +15.2% | 27,4 k € | -58.7% | 66,4 k € |
| Net result | 27,7 k € | -26.6% | 37,8 k € | +134% | 16,1 k € | +23.4% | 13,1 k € | -62.8% | 35,1 k € |
| Balance sheet | |||||||||
| Equity | 377,2 k € | +7.9% | 349,5 k € | +12.1% | 311,7 k € | +5.5% | 295,6 k € | +4.6% | 282,5 k € |
| Total assets | 531,1 k € | +2.6% | 517,6 k € | +10.2% | 469,7 k € | -1.7% | 478 k € | -2.1% | 488,3 k € |
| Cash | 26,9 k € | +271% | 7,2 k € | -35.9% | 11,3 k € | -48.0% | 21,8 k € | -9.4% | 24 k € |
| Debts | 147,5 k € | -8.8% | 161,7 k € | +10.5% | 146,4 k € | -16.8% | 176 k € | -11.7% | 199,4 k € |
| Other | |||||||||
| Workforce | – | – | – | – | – | ||||
Valuation
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 2 ended
Active mandates
Serge René Kestermans
ActiveEnded mandates
Serge KESTERMANS
EndedSerge René Kestermans
EndedFinancials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 16/06/2026 | 27/05/2025 | 30/05/2024 | 31/05/2023 | 30/06/2022 | 11/06/2021 |
| General meeting | 26/05/2026 | 26/05/2025 | 27/05/2024 | 30/05/2023 | 30/05/2022 | 31/05/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 26/05/2026 | 16/06/2026 | French | |
| Micro model | 31/12/2024 | 26/05/2025 | 27/05/2025 | French | |
| Micro model | 31/12/2023 | 27/05/2024 | 30/05/2024 | French | |
| Micro model | 31/12/2022 | 30/05/2023 | 31/05/2023 | French | |
| Micro model | 31/12/2021 | 30/05/2022 | 30/06/2022 | French | |
| Micro model | 31/12/2020 | 31/05/2021 | 11/06/2021 | French | |
| Micro model | 31/12/2019 | 25/05/2020 | 21/09/2020 | French | |
| Micro model | 31/12/2018 | 27/05/2019 | 29/08/2019 | French | |
| Micro model | 31/12/2017 | 28/05/2018 | 31/07/2018 | French | |
| Micro model | 31/12/2016 | 29/05/2017 | 31/08/2017 | French | |
| Abridged model | 31/12/2015 | 30/05/2016 | 28/07/2016 | French | |
| Abridged model | 31/12/2014 | 26/05/2015 | 24/08/2015 | French | |
| Abridged model | 31/12/2013 | 26/05/2014 | 25/08/2014 | French | |
| Abridged model | 31/12/2012 | 27/05/2013 | 30/08/2013 | French | |
| Abridged model | 31/12/2011 | 29/05/2012 | 31/08/2012 | French | |
| Abridged model | 31/12/2010 | 30/05/2011 | 31/08/2011 | French | |
| Abridged model | 31/12/2009 | 31/05/2010 | 30/08/2010 | French | |
| Abridged model | 31/12/2008 | 25/05/2009 | 28/08/2009 | French | |
| Abridged model | 31/12/2007 | 26/05/2008 | 28/08/2008 | French | |
| Abridged model | 31/12/2006 | 30/06/2007 | 29/08/2007 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20251 active · 2 ended
Active mandates
Serge René Kestermans
ActiveEnded mandates
Serge KESTERMANS
EndedSerge René Kestermans
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202527,7 k €↓
- 2024Annual accounts 202437,8 k €↑
- 2023Annual accounts 202316,1 k €↑
- 2022Annual accounts 202213,1 k €↓
- 2021Annual accounts 202135,1 k €↓
- 2021Name changeKESTERMANS HORLOGERIE SPRL
- 2020Annual accounts 202039,9 k €↑
- 2019Annual accounts 201919,3 k €↓
- 2018Annual accounts 201825,8 k €↑
- 2017Annual accounts 20172,2 k €↑
- 2016Annual accounts 2016-6,5 k €↓
- 2015Annual accounts 201533,9 k €↑
- 2014Annual accounts 201427,1 k €↑
- 2013Annual accounts 20137,6 k €↑
- 2012Annual accounts 20122,3 k €↓
- 2011Annual accounts 20119,6 k €↑
- 2010Annual accounts 2010-17,5 k €↓
- 2009Annual accounts 200912,5 k €↑
- 2008Annual accounts 200811 k €↓
- 2007Annual accounts 200741 k €↑
- 2006Annual accounts 2006-2,1 k €
- 2006Name changeHORLOGERIE SERGE KESTERMANS
- 08/07/1976IncorporationPrivate company with limited liability