Kaaitheater
0418.716.633 · rovalta.com · 24/09/2026
ACTIVE
Kaaitheater
Financial year 2025 · closed on 31/12/2025
Net result
325,3 k €
+169.9% YoY
Gross margin
2,7 M €
+0.7% YoY
Equity
1,4 M €
+29.3% YoY
Workforce
33,4 ETP
+5.0% YoY
Overview
What does Kaaitheater do?
Kaaitheater is a Non-profit organization incorporated in 1978. Its registered office is in Bruxelles. It employs on average 33,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0418.716.633
Incorporation
24/05/1978
Legal form
Non-profit organization
Registered office
Quai des Péniches 2
1000 Bruxelles · BruxellesSee on map
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
33,4 ETP
Joint committees (2)
- 302
- 304
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 2,7 M € | +0.7% | 2,7 M € | -13.7% | 3,1 M € | +47.2% | 2,1 M € | +1.0% | 2,1 M € | -14.3% | 2,4 M € | +3.0% | 2,4 M € | +3.2% | 2,3 M € | +0.4% | 2,3 M € | +7.8% | 2,1 M € | -7.6% | 2,3 M € | +4.6% | 2,2 M € | -7.0% | 2,4 M € | +17.0% | 2 M € | -6.2% | 2,1 M € | +1.1% | 2,1 M € | -4.6% | 2,2 M € | +18.7% | 1,9 M € | +1.4% | 1,8 M € |
| EBITDA | 142,6 k € | -32.0% | 209,6 k € | -64.0% | 582 k € | +1437% | 37,9 k € | +1190% | -3,5 k € | -101% | 394 k € | +317% | 94,6 k € | -33.9% | 143,1 k € | -26.7% | 195,2 k € | +211% | 62,8 k € | -59.1% | 153,5 k € | +6.1% | 144,7 k € | -55.0% | 322 k € | +320% | 76,6 k € | -51.2% | 157 k € | -12.9% | 180,3 k € | +8.5% | 166,2 k € | +62.8% | 102 k € | +593% | -20,7 k € |
| Operating result | 320 k € | +193% | 109,1 k € | -77.0% | 474 k € | +742% | -73,8 k € | +28.2% | -102,8 k € | -133% | 313,2 k € | +718% | 38,3 k € | +61.3% | 23,7 k € | -56.4% | 54,4 k € | +202% | -53,3 k € | -475% | 14,2 k € | +433% | 2,7 k € | -98.5% | 175,5 k € | +421% | -54,7 k € | -284% | 29,7 k € | -38.7% | 48,4 k € | +100% | 24,2 k € | +65376% | -37 € | +100.0% | -98,1 k € |
| Net result | 325,3 k € | +170% | 120,5 k € | -74.4% | 470,9 k € | +691% | -79,7 k € | +26.6% | -108,5 k € | -135% | 306,1 k € | +841% | 32,5 k € | +129% | 14,2 k € | -72.0% | 50,8 k € | +193% | -54,6 k € | -6506% | -827 € | -215% | 717 € | -99.6% | 173,3 k € | +395% | -58,9 k € | -282% | 32,4 k € | -11.6% | 36,6 k € | +130% | 15,9 k € | +99.5% | 8 k € | +109% | -90 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 1,4 M € | +29.3% | 1,1 M € | +12.0% | 985,7 k € | +90.7% | 516,8 k € | -10.7% | 578,5 k € | -15.8% | 687 k € | +80.4% | 380,9 k € | +9.3% | 348,3 k € | -5.8% | 369,6 k € | +4.3% | 354,3 k € | -20.3% | 444,4 k € | -7.6% | 480,8 k € | -6.7% | 515,6 k € | +36.5% | 377,7 k € | -20.0% | 472,1 k € | -0.7% | 475,2 k € | +0.2% | 474,1 k € | +234% | 142,1 k € | +0.7% | 141,1 k € |
| Total assets | 2,2 M € | +7.9% | 2 M € | +11.3% | 1,8 M € | +49.7% | 1,2 M € | -16.3% | 1,4 M € | -0.2% | 1,4 M € | +4.3% | 1,4 M € | +6.9% | 1,3 M € | -11.2% | 1,5 M € | +12.0% | 1,3 M € | -13.1% | 1,5 M € | -0.8% | 1,5 M € | -3.7% | 1,6 M € | +12.6% | 1,4 M € | -1.7% | 1,4 M € | -18.3% | 1,7 M € | +10.0% | 1,6 M € | +31.5% | 1,2 M € | +19.7% | 1 M € |
| Cash | 1,5 M € | +20.6% | 1,2 M € | +15.0% | 1,1 M € | +230% | 319,9 k € | -53.3% | 684,8 k € | +36.0% | 503,6 k € | +3.7% | 485,8 k € | -5.0% | 511,6 k € | -13.7% | 592,6 k € | +197% | 199,5 k € | -51.5% | 411 k € | +20.0% | 342,5 k € | -21.3% | 435,3 k € | +109% | 208,2 k € | +37.4% | 151,5 k € | -62.2% | 400,4 k € | +212% | 128,2 k € | -35.2% | 197,9 k € | -26.2% | 268,3 k € |
| Debts | 503,1 k € | +13.1% | 445 k € | +0.8% | 441,5 k € | +10.2% | 400,6 k € | -20.8% | 506 k € | +35.7% | 372,9 k € | -24.8% | 495,7 k € | +11.2% | 445,7 k € | +2.2% | 436 k € | -4.8% | 457,8 k € | +4.0% | 440,4 k € | -4.5% | 461 k € | +2.8% | 448,5 k € | -3.9% | 466,8 k € | -7.9% | 506,8 k € | -9.0% | 557 k € | -15.1% | 656 k € | +33.1% | 493 k € | +13.5% | 434,2 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 33,4 ETP | +5.0% | 31,8 ETP | +6.0% | 30,0 ETP | -3.2% | 31,0 ETP | -1.9% | 31,6 ETP | -4.0% | 32,9 ETP | -1.2% | 33,3 ETP | -6.2% | 35,5 ETP | +0.9% | 35,2 ETP | +6.3% | 33,1 ETP | +0.3% | 33,0 ETP | 0.0% | 33,0 ETP | +2.5% | 32,2 ETP | +5.9% | 30,4 ETP | -1.9% | 31,0 ETP | -6.9% | 33,3 ETP | +0.9% | 33,0 ETP | +2.5% | 32,2 ETP | -8.8% | 35,3 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 62 ended
Active mandates
Romanie Peters
ActiveKim De Weerdt
ActiveLaura Mwanambuka
ActiveMarc Fauconnier
ActiveMargot Luyckfasseel
ActivePhilippe Madry
ActiveThibaut Princen
ActiveBart Claes
ActivePeter De Jonge
ActiveAnna Maria Lambrechts
ActiveLiesbeth De Ridder
ActiveMarleen Wynants
ActiveShanice Wanjiku
ActiveEnded mandates
Bénédicte Lobelle
EndedFatima Zibouh
EndedRomanie Peters
EndedRomanie Peters
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
| 0460.015.867 | |
BRUSSELS BY WATER● Active | 0457.786.649 |
KANAALGIDSEN-GUIDES DU CANAL● Active | 0423.501.010 |
Lunatheater● Liquidation | 0450.721.881 |
WATER IN DE STAD● Active | 0459.995.972 |
Financials
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 | 21/04/2026 | 03/06/2025 | 13/05/2024 | 11/04/2023 | 02/06/2022 | 28/04/2021 |
| General meeting | 24/03/2026 | 18/03/2025 | 26/03/2024 | 22/03/2023 | 29/03/2022 | 22/03/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 24/03/2026 | 21/04/2026 | Dutch | |
| Abridged model | 31/12/2024 | 18/03/2025 | 03/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 26/03/2024 | 13/05/2024 | Dutch | |
| Abridged model | 31/12/2022 | 22/03/2023 | 11/04/2023 | Dutch | |
| Abridged model | 31/12/2021 | 29/03/2022 | 02/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 22/03/2021 | 28/04/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/03/2020 | 29/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 25/03/2019 | 23/04/2019 | Dutch | |
| Abridged model | 31/12/2017 | 19/03/2018 | 16/05/2018 | Dutch | |
| Abridged model | 31/12/2016 | 20/03/2017 | 22/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 21/03/2016 | 16/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 16/03/2015 | 18/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 17/03/2014 | 16/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 19/03/2013 | 18/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 14/03/2012 | 25/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 28/02/2011 | 21/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 22/03/2010 | 29/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 09/03/2009 | 25/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 20/03/2008 | 01/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 05/03/2007 | 29/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 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.
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
Governance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 62 ended
Active mandates
Romanie Peters
ActiveKim De Weerdt
ActiveLaura Mwanambuka
ActiveMarc Fauconnier
ActiveMargot Luyckfasseel
ActivePhilippe Madry
ActiveThibaut Princen
ActiveBart Claes
ActivePeter De Jonge
ActiveAnna Maria Lambrechts
ActiveLiesbeth De Ridder
ActiveMarleen Wynants
ActiveShanice Wanjiku
ActiveEnded mandates
Bénédicte Lobelle
EndedFatima Zibouh
EndedRomanie Peters
EndedRomanie Peters
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates06/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates05/02/2025ONTSLAGEN - BENOEMINGEN
- Mandates20/08/2024ONTSLAGEN - BENOEMINGEN
- Mandates07/03/2024ONTSLAGEN - BENOEMINGEN
- Mandates17/07/2023ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates27/04/2023ONTSLAGEN - BENOEMINGEN
- Mandates21/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates07/06/2021ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025325,3 k €↑
- 2024Annual accounts 2024120,5 k €↓
- 2023Annual accounts 2023470,9 k €↑
- 2022Annual accounts 2022-79,7 k €↑
- 2021Annual accounts 2021-108,5 k €↓
- 2020Annual accounts 2020306,1 k €↑
- 2019Annual accounts 201932,5 k €↑
- 2018Annual accounts 201814,2 k €↓
- 2017Annual accounts 201750,8 k €↑
- 2016Annual accounts 2016-54,6 k €↓
- 2015Annual accounts 2015-827 €↓
- 2014Annual accounts 2014717 €↓
- 2013Annual accounts 2013173,3 k €↑
- 2012Annual accounts 2012-58,9 k €↓
- 2011Annual accounts 201132,4 k €↓
- 2010Annual accounts 201036,6 k €↑
- 2009Annual accounts 200915,9 k €↑
- 2008Annual accounts 20088 k €↑
- 2007Annual accounts 2007-90 k €
- 24/05/1978IncorporationNon-profit organization