ACTIVE

KERCKHAERT EN CIE

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Financial year 2025 · Closed on 31/12/2025

Net result2,1 M €+563,8 %over 1 year

Revenue3 M €-3,8 %over 1 year

Equity24,5 M €+9,3 %over 1 year

Workforce5,6 ETP-42,9 %over 1 year

Identity

Source · BCE/KBO

KERCKHAERT EN CIE is a Public limited company incorporated in 1984. Its registered office is in Temse. It employs on average 5,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0425.908.984
Incorporation: 06/07/1984
Legal form: Public limited company
Registered office: Laagstraat 3
9140 Temse · FlandreSee on map
Contributed capital: 193 200,00 €
Latest accounts: 31/12/2025
Average workforce: 5,6 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 15 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	3 M €	-3.8%	3,1 M €	-2.1%	3,1 M €	-5.6%	3,3 M €	-7.2%	3,6 M €
EBITDA	-295,7 k €	-276%	-78,7 k €	+38.5%	-128 k €	-581%	26,6 k €	-59.2%	65,3 k €
Operating result	-401,2 k €	-138%	-168,6 k €	+22.5%	-217,7 k €	-220%	-68,1 k €	-140%	-28,4 k €
Net result	2,1 M €	+564%	313,2 k €	-28.6%	438,4 k €	+156%	-783,4 k €	-285%	423,2 k €
Balance sheet
Equity	24,5 M €	+9.3%	22,4 M €	-54.0%	48,8 M €	+20.9%	40,3 M €	-1.9%	41,1 M €
Total assets	30,9 M €	-28.7%	43,3 M €	-11.9%	49,2 M €	+20.9%	40,7 M €	-1.9%	41,5 M €
Cash	10,1 M €	+1692%	565,3 k €	-89.3%	5,3 M €	-69.0%	17,1 M €	-33.0%	25,6 M €
Debts	6,4 M €	-69.5%	20,9 M €	+5414%	378,9 k €	+19.5%	317,2 k €	-6.5%	339,3 k €
Other
Workforce	5,6 ETP	-42.9%	9,8 ETP	+4.3%	9,4 ETP	-32.9%	14,0 ETP	+15.7%	12,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 16 ended

Active mandates

Martin Kerckhaert

Director · since 29 juin 2024 · until 28 juin 2030

Active

Michiel Kerckhaert

Director · since 29 juin 2024 · until 28 juin 2030

Active

Ended mandates

Martin Kerckhaert

Director · since 29 juin 2018 · until 28 juin 2024

Ended

Martin Kerckhaert

Director · since 29 juin 2018 · until 31 octobre 2024

Ended

Michiel Kerckhaert

Director · since 29 juin 2018 · until 28 juin 2024

Ended

Michiel Kerckhaert

Director · since 29 juin 2018 · until 31 octobre 2024

Ended

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	06/07/2026	24/07/2025	07/11/2024	20/06/2023	30/06/2022	21/07/2021
General meeting	26/06/2026	27/06/2025	31/10/2024	12/06/2023	24/06/2022	25/06/2021
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, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	06/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	24/07/2025	Dutch	PDF
Consolidated accounts	31/12/2024	30/04/2026	04/05/2026	Dutch	PDF
Full model	31/12/2023	31/10/2024	07/11/2024	Dutch	PDF
Consolidated accounts	31/12/2023	31/10/2024	07/11/2024	Dutch	PDF
Full model	31/12/2022	12/06/2023	20/06/2023	Dutch	PDF
Full model	31/12/2021	24/06/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	21/07/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	17/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	23/07/2019	Dutch	PDF
Full model	31/12/2017	10/07/2018	16/07/2018	Dutch	PDF
Full model	31/12/2016	28/07/2017	31/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	12/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	27/09/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	24/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	21/09/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	20/10/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	21/09/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	26/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	30/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

2 active · 16 ended

Active mandates

Martin Kerckhaert

Director · since 29 juin 2024 · until 28 juin 2030

Active

Michiel Kerckhaert

Director · since 29 juin 2024 · until 28 juin 2030

Active

Ended mandates

Martin Kerckhaert

Director · since 29 juin 2018 · until 28 juin 2024

Ended

Martin Kerckhaert

Director · since 29 juin 2018 · until 31 octobre 2024

Ended

Michiel Kerckhaert

Director · since 29 juin 2018 · until 28 juin 2024

Ended

Michiel Kerckhaert

Director · since 29 juin 2018 · until 31 octobre 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/02/2024
KAPITAAL - AANDELEN
PDF
Restructuring11/07/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/05/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates08/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/10/2018
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 20252,1 M €↑
2024
Annual accounts 2024313,2 k €↓
2023
Annual accounts 2023438,4 k €↑
2022
Annual accounts 2022-783,4 k €↓
2021
Annual accounts 2021423,2 k €↓
2015
Annual accounts 2015460,5 k €↓
2014
Annual accounts 201410,3 M €↑
2013
Annual accounts 20135,3 M €↓
2012
Annual accounts 20126,4 M €↑
2012
Name changeKERCKHAERT EN CIE
2011
Annual accounts 20116,3 M €↓
2010
Annual accounts 20109,2 M €↑
2009
Annual accounts 2009622,7 k €↓
2008
Annual accounts 20083,6 M €↓
2007
Annual accounts 20079,5 M €↑
2006
Annual accounts 2006320,4 k €
2006
Name changeKerckhaert & Cie
06/07/1984
IncorporationPublic limited company

KERCKHAERT EN CIE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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