ACTIVE

A. KEULEN

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Financial year 2025 · closed on 31/12/2025
Net result
31,6 k €
+174.6% YoY
Revenue
3,9 M €
Equity
402,3 k €
+8.5% YoY
Workforce
12,9 ETP
-20.4% YoY

What does A. KEULEN do?

A. KEULEN is a Public limited company incorporated in 1989. Its main activity is: Floor and wall covering. Its registered office is in Lanaken. It employs on average 12,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0438.803.650
Incorporation
30/10/1989
Legal form
Public limited company
Registered office
Tournebride 2
3620 Lanaken · FlandreSee on map
Contributed capital
784 354,02 €
Latest accounts
31/12/2025
Average workforce
12,9 ETP
Activities (NACE)
43331Floor and wall covering· main43331Floor and wall covering45431Sale, maintenance and repair of motorcycles and related parts and accessories46731Wholesale of wood, construction materials and sanitary equipment46831Wholesale trade, except of motor vehicles and motorcycles23510Manufacture of cement+5
Joint committees (4)
  • 124
  • 200
  • 201
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212012201120102009200820072006
Income statement
Revenue3,9 M €––––––––2,7 M €–2,5 M €
EBITDA228,9 k €215,5 k €11,2 k €182,9 k €115,5 k €284,1 k €377,7 k €254,7 k €193,6 k €123,7 k €161,8 k €162 k €
Operating result87,2 k €60,8 k €-140,1 k €68 k €72,1 k €92,7 k €150,8 k €93,4 k €57,2 k €34,4 k €78,6 k €65,6 k €
Net result31,6 k €11,5 k €-216,8 k €35,2 k €64,3 k €51,4 k €75,9 k €42,3 k €22,6 k €3,7 k €43,4 k €36,5 k €
Balance sheet
Equity402,3 k €370,7 k €359,2 k €576 k €540,8 k €621,3 k €619,9 k €589 k €546,7 k €524,1 k €520,4 k €506,7 k €
Total assets1,9 M €2,1 M €2,3 M €2,8 M €2,3 M €1,9 M €2,3 M €1,7 M €1,8 M €1,7 M €1,4 M €1,4 M €
Cash38,7 k €53,9 k €100,3 k €66,1 k €46,2 k €74,5 k €164,6 k €210,3 k €147,3 k €85,7 k €206 k €95,9 k €
Debts1,5 M €1,7 M €1,9 M €2,2 M €1,7 M €1,3 M €1,7 M €1,1 M €1,2 M €1,1 M €835,2 k €832,9 k €
Other
Workforce12,9 ETP16,2 ETP15,1 ETP17,0 ETP17,1 ETP24,6 ETP26,1 ETP27,4 ETP28,7 ETP27,1 ETP26,6 ETP27,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 40 ended

Active mandates

A.K.P. Beheer

Director · since 13 mai 2025 · 0413.833.969

Represented by Keulen Valerie

Active

Ended mandates

FREVA

Managing director · since 29 mars 2019 · until 31 mars 2025 · 0524.933.118

Represented by Gerald Keulen

Ended
FREVA

Managing director · since 29 mars 2019 · until 31 mars 2025 · 0524.933.118

Represented by Keulen GERALD

Ended
FREVA

Managing director · since 29 mars 2019 · until 31 mars 2025 · 0524.933.118

Represented by Gerald Keulen

Ended
FREVA

Managing director · since 29 mars 2019 · until 31 mars 2025 · 0524.933.118

Represented by Keulen GERALD

Ended
At this address

Other companies at this address

CompanyCBE no.
TM Keulen-Convents Pelt● Active
0777.313.953
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelAbridged modelAbridged 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 date27/08/202613/05/202526/09/202420/07/202315/02/202320/07/2021
General meeting18/06/202631/03/202528/06/202422/06/202302/02/202318/06/2021
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
Full model31/12/202518/06/202627/08/2026DutchPDF
Abridged model31/12/202431/03/202513/05/2025DutchPDF
Abridged model31/12/202328/06/202426/09/2024DutchPDF
Abridged model31/12/202222/06/202320/07/2023DutchPDF
Abridged model31/12/202102/02/202315/02/2023DutchPDF
Abridged model31/12/202018/06/202120/07/2021DutchPDF
Abridged model31/12/201931/03/202024/08/2020DutchPDF
Abridged model31/12/201829/03/201930/08/2019DutchPDF
Abridged model31/12/201715/06/201828/09/2018DutchPDF
Abridged model31/12/201631/03/201720/07/2017DutchPDF
Abridged model31/12/201507/07/201630/09/2016DutchPDF
Abridged model31/12/201431/03/201528/09/2015DutchPDF
Abridged model31/12/201331/03/201428/08/2014DutchPDF
Abridged model31/12/201229/03/201322/07/2013DutchPDF
Abridged model31/12/201131/03/201231/08/2012DutchPDF
Abridged model31/12/201031/03/201110/08/2011DutchPDF
Abridged model31/12/200931/03/201001/07/2010DutchPDF
Abridged model31/12/200831/03/200920/10/2009DutchPDF
Abridged model31/12/200731/03/200825/08/2008DutchPDF
Abridged model31/12/200605/06/200719/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 40 ended

Active mandates

A.K.P. Beheer

Director · since 13 mai 2025 · 0413.833.969

Represented by Keulen Valerie

Active

Ended mandates

FREVA

Managing director · since 29 mars 2019 · until 31 mars 2025 · 0524.933.118

Represented by Gerald Keulen

Ended
FREVA

Managing director · since 29 mars 2019 · until 31 mars 2025 · 0524.933.118

Represented by Keulen GERALD

Ended
FREVA

Managing director · since 29 mars 2019 · until 31 mars 2025 · 0524.933.118

Represented by Gerald Keulen

Ended
FREVA

Managing director · since 29 mars 2019 · until 31 mars 2025 · 0524.933.118

Represented by Keulen GERALD

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2025
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/10/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates23/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/08/2011
    ONTSLAGEN - BENOEMINGEN
    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 202531,6 k €↑
  2. 2024
    Annual accounts 202411,5 k €↑
  3. 2023
    Annual accounts 2023-216,8 k €↓
  4. 2022
    Annual accounts 202235,2 k €↓
  5. 2021
    Annual accounts 202164,3 k €↑
  6. 2012
    Annual accounts 201251,4 k €↓
  7. 2011
    Annual accounts 201175,9 k €↑
  8. 2010
    Annual accounts 201042,3 k €↑
  9. 2009
    Annual accounts 200922,6 k €↑
  10. 2008
    Annual accounts 20083,7 k €↓
  11. 2007
    Annual accounts 200743,4 k €↑
  12. 2006
    Annual accounts 200636,5 k €
  13. 30/10/1989
    IncorporationPublic limited company