ACTIVE

H. KEULEN BETON

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Financial year 2025 · Closed on 30/06/2025

Net result448,7 k €-6,4 %over 1 year

Revenue14,2 M €+1,3 %over 1 year

Equity3,7 M €+13,6 %over 1 year

Workforce22,0 ETP-1,8 %over 1 year

Identity

Source · BCE/KBO

H. KEULEN BETON is a Public limited company incorporated in 1990. Its registered office is in Lanaken. It employs on average 22,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0442.670.188
Incorporation: 27/12/1990
Legal form: Public limited company
Registered office: Tournebride 20
3620 Lanaken · FlandreSee on map
Contributed capital: 172 169,73 €
Latest accounts: 30/06/2025
Average workforce: 22,0 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	14,2 M €	+1.3%	14 M €	-4.1%	14,6 M €		–		–
EBITDA	1,7 M €	+1.0%	1,7 M €	-18.6%	2 M €	+74.3%	1,2 M €	+45.5%	800,4 k €
Operating result	681,5 k €	-4.8%	716,1 k €	-45.0%	1,3 M €	+142%	537,1 k €	+78.0%	301,8 k €
Net result	448,7 k €	-6.4%	479,2 k €	-48.3%	927 k €	+143%	381,2 k €	+68.6%	226 k €
Balance sheet
Equity	3,7 M €	+13.6%	3,3 M €	+17.1%	2,8 M €	+49.3%	1,9 M €	+25.4%	1,5 M €
Total assets	8 M €	+1.7%	7,8 M €	+12.3%	7 M €	+23.8%	5,6 M €	+1.2%	5,6 M €
Cash	1,4 M €	-0.6%	1,4 M €	+12.0%	1,3 M €	+26.2%	1 M €	+47.7%	677,4 k €
Debts	4,2 M €	-6.9%	4,5 M €	+9.2%	4,2 M €	+11.0%	3,7 M €	-7.8%	4,1 M €
Other
Workforce	22,0 ETP	-1.8%	22,4 ETP	-0.9%	22,6 ETP	+7.1%	21,1 ETP	-0.9%	21,3 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 30/06/2025

3 active · 15 ended

Active mandates

Jeroen Keulen

Director

Active

Marc Keulen

Managing director

Active

Nadine Christoffels

Director

Active

Ended mandates

BERT KEULEN

Director · since 31 mars 2007 · until 31 mars 2013

Ended

HENRI KEULEN

Managing director · since 31 mars 2007 · until 31 mars 2013

Ended

MARC KEULEN

Director · since 31 mars 2007 · until 31 mars 2013

Ended

Peter KEULEN

Director · since 31 mars 2007 · until 31 mars 2013

Ended

Other companies at this address

Tournebride 20 3620 Lanaken

Company	CBE no.
JEMANA● Active	0668.521.525

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/01/2026	13/01/2025	18/12/2023	02/12/2022	22/12/2021	07/01/2021
General meeting	30/12/2025	13/12/2024	24/11/2023	04/11/2022	15/12/2021	21/12/2020
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	30/12/2025	12/01/2026	Dutch	PDF
Full model	30/06/2024	13/12/2024	13/01/2025	Dutch	PDF
Full model	30/06/2023	24/11/2023	18/12/2023	Dutch	PDF
Abridged model	30/06/2022	04/11/2022	02/12/2022	Dutch	PDF
Abridged model	30/06/2021	15/12/2021	22/12/2021	Dutch	PDF
Abridged model	30/06/2020	21/12/2020	07/01/2021	Dutch	PDF
Abridged model	30/06/2019	27/12/2019	21/01/2020	Dutch	PDF
Abridged model	30/06/2018	27/11/2018	28/12/2018	Dutch	PDF
Abridged model	30/06/2017	03/11/2017	05/12/2017	Dutch	PDF
Abridged model	30/06/2016	15/11/2016	15/12/2016	Dutch	PDF
Abridged model	30/06/2015	30/09/2015	21/12/2015	Dutch	PDF
Abridged model	30/06/2014	19/09/2014	26/11/2014	Dutch	PDF
Abridged model	30/06/2013	20/09/2013	25/11/2014	Dutch	PDF
Abridged model	30/06/2012	21/09/2012	13/02/2013	Dutch	PDF
Abridged model	30/06/2011	16/09/2011	07/12/2011	Dutch	PDF
Abridged model	30/06/2010	17/09/2010	24/11/2010	Dutch	PDF
Abridged model	30/06/2009	18/09/2009	29/01/2010	Dutch	PDF
Abridged model	30/06/2008	19/09/2008	12/12/2008	Dutch	PDF
Abridged model	30/06/2007	21/09/2007	27/11/2007	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 30/06/2025

3 active · 15 ended

Active mandates

Jeroen Keulen

Director

Active

Marc Keulen

Managing director

Active

Nadine Christoffels

Director

Active

Ended mandates

BERT KEULEN

Director · since 31 mars 2007 · until 31 mars 2013

Ended

HENRI KEULEN

Managing director · since 31 mars 2007 · until 31 mars 2013

Ended

MARC KEULEN

Director · since 31 mars 2007 · until 31 mars 2013

Ended

Peter KEULEN

Director · since 31 mars 2007 · until 31 mars 2013

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other11/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ALGEMENE VERGADERING
PDF
Mandates27/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/08/2017
KAPITAAL - AANDELEN - ALGEMENE VERGADERING
PDF
Mandates01/02/2017
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other20/02/2015
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other26/11/2014
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/03/2013
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 2025448,7 k €↓
2024
Annual accounts 2024479,2 k €↓
2023
Annual accounts 2023927 k €↑
2022
Annual accounts 2022381,2 k €↑
2021
Annual accounts 2021226 k €↑
2020
Annual accounts 2020119,2 k €↑
2019
Annual accounts 2019867,8 €↓
2018
Annual accounts 20187,1 k €↓
2017
Annual accounts 201721,2 k €↑
2016
Annual accounts 2016-22,4 k €↓
2015
Annual accounts 20158,7 k €↓
2014
Annual accounts 201425,6 k €↑
2013
Annual accounts 201318,7 k €↓
2012
Annual accounts 201235,9 k €↑
2011
Annual accounts 201110,9 k €↓
2010
Annual accounts 201011,7 k €↓
2009
Annual accounts 200929,8 k €↓
2008
Annual accounts 2008141,5 k €↑
2007
Annual accounts 2007131,7 k €
27/12/1990
IncorporationPublic limited company

H. KEULEN BETON

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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