NORMAL SITUATION

KAPPENDAELE

Financial year 2025 · closed on 31/12/2025
Net result
65,5 k €
+191.0% YoY
Gross margin
62,3 k €
+52.8% YoY
Equity
373,8 k €
+21.3% YoY

Company — Normal situation.

Strike-off: 01 août 2026

What does KAPPENDAELE do?

KAPPENDAELE is a Private limited company incorporated in 1989.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.731.790
Incorporation
19/10/1989
Legal form
Private limited company
Contributed capital
58 874,72 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin62,3 k €40,8 k €58,2 k €60,9 k €104,7 k €94,2 k €40,4 k €27,6 k €40,8 k €65,9 k €41,7 k €57,2 k €72,2 k €67,5 k €60,3 k €55,4 k €58 k €65,6 k €65,4 k €40,2 k €
EBITDA60,7 k €36,7 k €54,8 k €60 k €103,8 k €91,2 k €40 k €26,9 k €40,3 k €50 k €17,7 k €39,6 k €50,6 k €61,3 k €40,5 k €30,9 k €36,3 k €44 k €45,7 k €23,8 k €
Operating result60,7 k €29,3 k €47 k €52,2 k €95,7 k €86,2 k €38,9 k €26,3 k €39,7 k €49,8 k €17,7 k €39,6 k €47,4 k €58,2 k €37,1 k €30,7 k €36 k €44 k €45,4 k €23,5 k €
Net result65,5 k €22,5 k €31,3 k €35,2 k €67,8 k €61,4 k €25,4 k €17,3 k €26,3 k €29,3 k €13,2 k €17,6 k €38,4 k €43,2 k €27,5 k €18 k €28,1 k €50,5 k €40,1 k €17,4 k €
Balance sheet
Equity373,8 k €308,2 k €305,7 k €304,4 k €299,1 k €265,6 k €234,2 k €228,8 k €219,5 k €208,3 k €204 k €202,8 k €195,2 k €166,8 k €133,6 k €116,1 k €108,1 k €100 k €85,5 k €70,4 k €
Total assets383,5 k €336,4 k €342 k €338,3 k €339,6 k €318,1 k €254,4 k €238 k €241,2 k €241,1 k €216,5 k €219,8 k €208,5 k €179,6 k €147,9 k €128,5 k €130,4 k €151,2 k €129,1 k €103,4 k €
Cash353,3 k €279,4 k €316,1 k €223,3 k €230,8 k €239,3 k €222,9 k €156,7 k €203 k €189,7 k €145,4 k €161,6 k €121,9 k €141,5 k €40,8 k €48,8 k €29,8 k €47 k €21,1 k €30,9 k €
Debts9,6 k €28,2 k €36,3 k €33,9 k €40,5 k €52,5 k €20,2 k €9,2 k €21,7 k €32,8 k €12,5 k €17 k €13,3 k €12,8 k €14,3 k €12,4 k €22,3 k €51,2 k €43,6 k €33 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

Josephus VAN DE WATER

Director · since 03 novembre 1989

Active

Ended mandates

Chantal BRIEVEN

Associate · since 08 décembre 2023

Ended
Laurence VAN WATER

Associate · since 08 décembre 2023

Ended
August VAN DE WATER

Director · since 03 septembre 1989

Ended
Frans VAN DE WATER

Director · since 03 septembre 1989

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date25/03/202618/07/202528/06/202413/06/202316/06/202229/06/2021
General meeting18/03/202609/05/202510/05/202412/05/202313/05/202220/06/2021
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 model31/12/202518/03/202625/03/2026FrenchPDF
Micro model31/12/202409/05/202518/07/2025FrenchPDF
Micro model31/12/202310/05/202428/06/2024FrenchPDF
Micro model31/12/202212/05/202313/06/2023FrenchPDF
Micro model31/12/202113/05/202216/06/2022FrenchPDF
Micro model31/12/202020/06/202129/06/2021FrenchPDF
Micro model31/12/201908/05/202011/09/2020FrenchPDF
Micro model31/12/201810/05/201905/06/2019FrenchPDF
Micro model31/12/201730/06/201809/07/2018FrenchPDF
Micro model31/12/201626/05/201728/06/2017FrenchPDF
Abridged model31/12/201528/06/201631/08/2016FrenchPDF
Abridged model31/12/201409/06/201520/06/2015FrenchPDF
Abridged model31/12/201323/05/201417/06/2014FrenchPDF
Abridged model31/12/201210/05/201330/07/2013FrenchPDF
Abridged model31/12/201118/05/201221/05/2012FrenchPDF
Abridged model31/12/201011/05/201119/07/2011FrenchPDF
Abridged model31/12/200911/05/201017/05/2010FrenchPDF
Abridged model31/12/200818/05/200910/06/2009FrenchPDF
Abridged model31/12/200721/05/200812/06/2008FrenchPDF
Abridged model31/12/200625/05/200714/06/2007FrenchPDF
Estimate

Indicative valuation

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 · 1 active · 11 ended

Active mandates

Josephus VAN DE WATER

Director · since 03 novembre 1989

Active

Ended mandates

Chantal BRIEVEN

Associate · since 08 décembre 2023

Ended
Laurence VAN WATER

Associate · since 08 décembre 2023

Ended
August VAN DE WATER

Director · since 03 septembre 1989

Ended
Frans VAN DE WATER

Director · since 03 septembre 1989

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution04/08/2026
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/12/2023
    MODIFICATION FORME JURIDIQUE - DENOMINATION
    PDF
  • Registered office13/07/2004
    SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 202565,5 k €
  2. 2024
    Annual accounts 202422,5 k €
  3. 2023
    Annual accounts 202331,3 k €
  4. 2022
    Annual accounts 202235,2 k €
  5. 2021
    Annual accounts 202167,8 k €
  6. 2020
    Annual accounts 202061,4 k €
  7. 2019
    Annual accounts 201925,4 k €
  8. 2018
    Annual accounts 201817,3 k €
  9. 2017
    Annual accounts 201726,3 k €
  10. 2016
    Annual accounts 201629,3 k €
  11. 2015
    Annual accounts 201513,2 k €
  12. 2014
    Annual accounts 201417,6 k €
  13. 2013
    Annual accounts 201338,4 k €
  14. 2012
    Annual accounts 201243,2 k €
  15. 2011
    Annual accounts 201127,5 k €
  16. 2010
    Annual accounts 201018 k €
  17. 2009
    Annual accounts 200928,1 k €
  18. 2008
    Annual accounts 200850,5 k €
  19. 2007
    Annual accounts 200740,1 k €
  20. 2006
    Annual accounts 200617,4 k €
  21. 19/10/1989
    IncorporationPrivate limited company