ACTIVE

De Kerselaar

Financial year 2025 · Closed on 31/12/2025

Net result474 k €-24,7 %over 1 year
Revenue1,1 M €-3,0 %over 1 year
Equity9,2 M €+4,0 %over 1 year
Workforce66,2 ETP+3,0 %over 1 year

Identity

Source · BCE/KBO

De Kerselaar is a Non-profit organization incorporated in 1981. Its main activity is: General secondary education. Its registered office is in Overijse. It employs on average 66,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.076.494
Incorporation
15/05/1981
Legal form
Non-profit organization
Registered office
Drogenberg 90
3090 Overijse · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
66,2 ETP
Joint committees (1)
  • 31901
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue1,1 M €1,1 M €975,1 k €839,7 k €754,1 k €
EBITDA1,1 M €1,2 M €994,9 k €687,6 k €790,7 k €
Operating result479,9 k €632,2 k €441,3 k €461,7 k €558,6 k €
Net result474 k €629,8 k €426,5 k €451,3 k €562,4 k €
Balance sheet
Equity9,2 M €8,8 M €8,3 M €8 M €7,4 M €
Total assets15 M €14,5 M €14,7 M €14,4 M €9,2 M €
Cash1,8 M €975,3 k €764,9 k €659,6 k €476,3 k €
Debts5,8 M €5,7 M €6,4 M €6,4 M €1,8 M €
Other
Workforce66,2 ETP64,3 ETP61,5 ETP60,3 ETP61,9 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

12 active · 10 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Erik Stas
Director01/06/2013 → 31/05/2029
Gaetan Muyldermans
Director31/05/2025 → 31/05/2029
Rens Vanderkelen
Director31/05/2025 → 31/05/2029Mandate2022 accountsended
Ruben Peeters
Director01/06/2013 → 31/05/2029Mandate2014 accountsended
Albert Timmermans
Chairman of the board of directorssince 01/06/2012Vice-chairman of the board of directors2010 accountsended
Marcel Roeykens
Directorsince 01/06/2012
Monique Muyldermans
Directorsince 01/06/2012
Miranda Cornet
Director01/06/2015 → 31/05/2027
Daniel Deuvaert
Director01/06/2014 → 31/05/2026
Aad Brinkhof
Director01/06/2014 → 31/05/2026
Elie Pay
Director30/05/2022 → 31/05/2026Vice-chairman of the board of directors01/06/2014 → 2015 accountsended
Etienne Smets
Director01/04/2018 → 31/05/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Guillaume Vandervorst
Director01/06/2014 → 2015 accounts
Jean Soetermans
Director01/06/2014 → 2015 accounts
Marcel Bollaerts
Director01/06/2014 → 2015 accounts
Geatan Muyldermans
Director01/06/2013 → 2015 accounts

Other companies at this address

Drogenberg 90 3090 Overijse
CompanyCBE no.
0841.347.019

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/06/202628/05/202530/05/202424/05/202308/06/202211/06/2021
General meeting01/06/202626/05/202527/05/202422/05/202330/05/202231/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202605/06/2026DutchPDF
Full model31/12/202426/05/202528/05/2025DutchPDF
Full model31/12/202327/05/202430/05/2024DutchPDF
Full model31/12/202222/05/202324/05/2023DutchPDF
Full model31/12/202130/05/202208/06/2022DutchPDF
Full model31/12/202031/05/202111/06/2021DutchPDF
Full model31/12/201925/05/202012/06/2020DutchPDF
Full model31/12/201827/05/201914/06/2019DutchPDF
Full model31/12/201728/05/201806/06/2018DutchPDF
Full model31/12/201628/05/201709/06/2017DutchPDF
Abridged model31/12/201530/05/201606/06/2016DutchPDF
Abridged model31/12/201411/05/201523/06/2015DutchPDF
Abridged model31/12/201312/05/201404/07/2014DutchPDF
Abridged model31/12/201206/05/201324/06/2013DutchPDF
Abridged model31/12/201114/05/201225/06/2012DutchPDF
Abridged model31/12/201002/05/201104/07/2011DutchPDF
Abridged model31/12/200926/04/201025/06/2010DutchPDF
Abridged model31/12/200818/04/200926/06/2009DutchPDF
Abridged model31/12/200722/04/200814/05/2008DutchPDF
Abridged model31/12/200624/04/200723/05/2007DutchPDF

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

12 active · 10 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Erik Stas
Director01/06/2013 → 31/05/2029
Gaetan Muyldermans
Director31/05/2025 → 31/05/2029
Rens Vanderkelen
Director31/05/2025 → 31/05/2029Mandate2022 accountsended
Ruben Peeters
Director01/06/2013 → 31/05/2029Mandate2014 accountsended
Albert Timmermans
Chairman of the board of directorssince 01/06/2012Vice-chairman of the board of directors2010 accountsended
Marcel Roeykens
Directorsince 01/06/2012
Monique Muyldermans
Directorsince 01/06/2012
Miranda Cornet
Director01/06/2015 → 31/05/2027
Daniel Deuvaert
Director01/06/2014 → 31/05/2026
Aad Brinkhof
Director01/06/2014 → 31/05/2026
Elie Pay
Director30/05/2022 → 31/05/2026Vice-chairman of the board of directors01/06/2014 → 2015 accountsended
Etienne Smets
Director01/04/2018 → 31/05/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Guillaume Vandervorst
Director01/06/2014 → 2015 accounts
Jean Soetermans
Director01/06/2014 → 2015 accounts
Marcel Bollaerts
Director01/06/2014 → 2015 accounts
Geatan Muyldermans
Director01/06/2013 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other20/07/2026
    SAMENSTELLING RAAD VAN BESTUUR
    PDF
  • Mandates14/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Rens Vanderkelen
Gaetan Muyldermans
Erik Stas
Ruben Peeters
Monique Muyldermans
Marcel Roeykens
Albert Timmermans
Miranda Cornet
Daniel Deuvaert
Aad Brinkhof
Etienne Smets
Elie Pay
1981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
De Kerselaar
Drogenberg 90, 3090 Overijse
Director
Director
Director
Director
Director
Director
Chairman of the board of directors
Director
Director
Director
Director
DirectorVice-chairman of the board of directors
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Drogenberg 90, 3090 OverijseCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00139555

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
De KerselaarCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00139555

Events

  1. 2025
    Annual accounts 2025474 k €↓
  2. 2024
    Annual accounts 2024629,8 k €↑
  3. 2023
    Annual accounts 2023426,5 k €↓
  4. 2022
    Annual accounts 2022451,3 k €↓
  5. 2021
    Annual accounts 2021562,4 k €↑
  6. 2020
    Annual accounts 2020273,1 k €↓
  7. 2019
    Annual accounts 2019410,9 k €↑
  8. 2018
    Annual accounts 2018312,2 k €↓
  9. 2017
    Annual accounts 2017410 k €↑
  10. 2016
    Annual accounts 2016389,6 k €↑
  11. 2015
    Annual accounts 2015360,9 k €↑
  12. 2014
    Annual accounts 2014207,6 k €↓
  13. 2013
    Annual accounts 2013291,4 k €↑
  14. 2012
    Annual accounts 2012272,6 k €↓
  15. 2011
    Annual accounts 2011308,5 k €↑
  16. 2010
    Annual accounts 2010203,6 k €↓
  17. 2009
    Annual accounts 2009313,7 k €↑
  18. 2008
    Annual accounts 2008199,3 k €
  19. 15/05/1981
    IncorporationNon-profit organization