ACTIVE

Norbert KELLER

Financial year 2025 · closed on 31/12/2025
Net result
-42,3 k €
+27.4% YoY
Gross margin
12,4 k €
+170.2% YoY
Equity
715,5 k €
-44.4% YoY

What does Norbert KELLER do?

Norbert KELLER is a Private company with limited liability incorporated in 1989. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Knokke-Heist.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.686.161
Incorporation
31/10/1989
Legal form
Private company with limited liability
Registered office
Van Bunnenlaan 16
8300 Knokke-Heist · FlandreSee on map
Contributed capital
68 750,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 111
  • 209
Signals
Solid equityPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin12,4 k €-17,6 k €112,4 k €-5,7 k €-607,5 €93,5 k €49,1 k €89,8 k €-31,3 k €-70,3 k €-24,2 k €356,3 k €355,5 k €178,5 k €166,9 k €159,7 k €148,8 k €139 k €148,8 k €101,9 k €
EBITDA6,6 k €-22,7 k €105,9 k €-12,3 k €-9,7 k €77,1 k €17,5 k €78,1 k €-47,1 k €-85,4 k €-36,8 k €340 k €346,4 k €169,5 k €157,7 k €145,5 k €140,3 k €132,8 k €141,4 k €100,2 k €
Operating result-18,2 k €-47,3 k €63,4 k €-59 k €-54,9 k €32,3 k €-34,9 k €23,9 k €-99,7 k €-135,2 k €-86 k €260,7 k €325,9 k €148,9 k €137 k €122,2 k €94,2 k €87,9 k €108,9 k €93,5 k €
Net result-42,3 k €-58,3 k €62,3 k €-57,7 k €-96,4 k €-31,3 k €-78,4 k €-19 k €-75 k €369,4 k €289,9 €529,2 k €203,6 k €83,9 k €80,7 k €58,7 k €49,4 k €48 k €54,7 k €53,2 k €
Balance sheet
Equity715,5 k €1,3 M €1,3 M €1,3 M €1,3 M €1,4 M €1,5 M €1,5 M €1,6 M €1,6 M €1,3 M €1,3 M €742 k €538,4 k €454,5 k €373,9 k €315,2 k €265,8 k €217,8 k €163,1 k €
Total assets1,9 M €1,7 M €1,6 M €1,9 M €2,1 M €3,2 M €3,3 M €4,1 M €3,7 M €3,3 M €2 M €1,8 M €1,5 M €1,3 M €1,2 M €859,1 k €989,7 k €839,1 k €815,6 k €941,4 k €
Cash170,7 €256,4 k €178,6 k €47,8 k €261,7 k €109,7 k €46,6 k €307,7 k €82,3 k €518,1 k €220,6 k €528,9 k €128,9 k €19,3 k €108,3 k €11,1 k €40,1 k €9,5 k €44,9 k €325,4 k €
Debts1,2 M €423,9 k €257,7 k €651,6 k €738 k €1,8 M €1,8 M €2,6 M €2,2 M €1,6 M €718,5 k €568,8 k €786 k €775,4 k €755,9 k €484,1 k €673,2 k €572,3 k €597,3 k €778 k €
Other
Workforce0,1 ETP0,4 ETP0,4 ETP0,4 ETP0,4 ETP0,4 ETP0,4 ETP0,4 ETP0,4 ETP0,4 ETP0,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Olivier SCHMATZ

Director · since 22 décembre 2025

Active
Norbert KELLER

Manager · since 23 décembre 2022 · until 22 décembre 2025

Active

Ended mandates

Norbert KELLER

Manager · since 23 décembre 2022

Ended
André KÜPPER

Manager · since 01 octobre 2010 · until 05 juin 2015

Ended
André KÜPPER

Manager · since 01 octobre 2010 · until 03 juin 2016

Ended
Norbert KELLER

Director · since 25 avril 2005 · until 03 juin 2011

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged 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 date25/08/202601/07/202513/08/202430/08/202319/08/202230/08/2021
General meeting26/06/202627/06/202528/06/202430/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202625/08/2026DutchPDF
Micro model31/12/202427/06/202501/07/2025DutchPDF
Micro model31/12/202328/06/202413/08/2024DutchPDF
Abridged model31/12/202230/06/202330/08/2023DutchPDF
Abridged model31/12/202103/06/202219/08/2022DutchPDF
Abridged model31/12/202004/06/202130/08/2021DutchPDF
Abridged model31/12/201905/06/202005/10/2020DutchPDF
Abridged model31/12/201807/06/201922/08/2019DutchPDF
Micro model31/12/201701/06/201819/07/2018DutchPDF
Micro model31/12/201602/06/201711/07/2017DutchPDF
Abridged model31/12/201503/06/201627/07/2016DutchPDF
Abridged model31/12/201405/06/201521/07/2015DutchPDF
Abridged model31/12/201306/06/201426/06/2014DutchPDF
Abridged model31/12/201207/06/201301/08/2013DutchPDF
Abridged model31/12/201101/06/201206/08/2012DutchPDF
Abridged model31/12/201003/06/201130/06/2011DutchPDF
Abridged model31/12/200904/06/201016/06/2010DutchPDF
Abridged model31/12/200805/06/200908/06/2009DutchPDF
Abridged model31/12/200706/06/200828/08/2008DutchPDF
Abridged model31/12/200601/06/200710/07/2007GermanPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 31/12/2025 · 2 active · 8 ended

Active mandates

Olivier SCHMATZ

Director · since 22 décembre 2025

Active
Norbert KELLER

Manager · since 23 décembre 2022 · until 22 décembre 2025

Active

Ended mandates

Norbert KELLER

Manager · since 23 décembre 2022

Ended
André KÜPPER

Manager · since 01 octobre 2010 · until 05 juin 2015

Ended
André KÜPPER

Manager · since 01 octobre 2010 · until 03 juin 2016

Ended
Norbert KELLER

Director · since 25 avril 2005 · until 03 juin 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/01/2023
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other06/04/2017
    BENAMING - DOEL
    PDF
  • Mandates31/08/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2010
    GEGENSTAND - ENTLASSUNG - ERNENNUNG
    PDF
  • Registered office14/11/2007
    GESELLSCHAFTSSITZ
    PDF
  • Mandates03/05/2005
    ENTLASSUNG - ERNENNUNG
    PDF
  • Capital / shares15/04/2004
    GENERALVERSAMMLUNG - KAPITAL - AKTIEN - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, …)
    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

Timeline

  1. 2025
    Annual accounts 2025-42,3 k €
  2. 2024
    Annual accounts 2024-58,3 k €
  3. 2023
    Annual accounts 202362,3 k €
  4. 2022
    Annual accounts 2022-57,7 k €
  5. 2021
    Annual accounts 2021-96,4 k €
  6. 2021
    Name changeKELLER NORBERT GMBH
  7. 2020
    Annual accounts 2020-31,3 k €
  8. 2019
    Annual accounts 2019-78,4 k €
  9. 2018
    Annual accounts 2018-19 k €
  10. 2017
    Annual accounts 2017-75 k €
  11. 2016
    Annual accounts 2016369,4 k €
  12. 2015
    Annual accounts 2015289,9 €
  13. 2014
    Annual accounts 2014529,2 k €
  14. 2013
    Annual accounts 2013203,6 k €
  15. 2012
    Annual accounts 201283,9 k €
  16. 2011
    Annual accounts 201180,7 k €
  17. 2010
    Annual accounts 201058,7 k €
  18. 2010
    Name changeNorbert Keller bvba
  19. 2009
    Annual accounts 200949,4 k €
  20. 2008
    Annual accounts 200848 k €
  21. 2007
    Annual accounts 200754,7 k €
  22. 2006
    Annual accounts 200653,2 k €
  23. 2006
    Name changeP.G.m.b.H. Norbert KELLER
  24. 31/10/1989
    IncorporationPrivate company with limited liability