ACTIVE

De Kiem

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

173,7 k €

-50.9% YoY

Revenue

5,1 M €

+7.9% YoY

Equity

2,5 M €

+7.3% YoY

Workforce

66,9 ETP

+6.4% YoY

What does De Kiem do?

De Kiem is a Non-profit organization incorporated in 1991. Its main activity is: General secondary education. Its registered office is in Gavere. It employs on average 66,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.151.311

Incorporation

30/04/1991

Legal form

Non-profit organization

Registered office

Vluchtenboerstraat 7 box A
9890 Gavere · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

66,9 ETP

Activities (NACE)

85316General secondary education· main 87204Residential care activities for mental retardation, mental health and substance abuse 87204Residential care activities for mental retardation, mental health and substance abuse

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	5,1 M €	+7.9%	4,8 M €	+4.2%	4,6 M €	+10.6%	4,1 M €	-0.4%	4,1 M €	+2.0%	4,1 M €	+13.7%	3,6 M €	+19.3%	3 M €	-11.0%	3,4 M €	+12.3%	3 M €	+1.4%	3 M €	-7.1%	3,2 M €	+0.6%	3,2 M €	+7.0%	3 M €	+6.1%	2,8 M €	+0.7%	2,8 M €	+7.8%	2,6 M €		–
EBITDA	496,4 k €	-37.6%	794,9 k €	-0.7%	800,4 k €	+57.3%	508,9 k €	+1.8%	499,8 k €	+20.5%	414,7 k €	-2.4%	424,8 k €	-0.5%	426,9 k €	+11.9%	381,5 k €	+2.3%	372,9 k €	+17.1%	318,5 k €	-5.0%	335,1 k €	-19.7%	417,1 k €	-6.5%	446,2 k €	+9.9%	406,1 k €	-15.8%	482 k €	+69.5%	284,5 k €	-39.7%	471,5 k €
Operating result	241,9 k €	-55.3%	541,5 k €	-1.4%	549,2 k €	+103%	271,1 k €	+0.1%	270,8 k €	+46.9%	184,3 k €	-3.6%	191,3 k €	-7.4%	206,6 k €	+12.0%	184,4 k €	+14.1%	161,6 k €	+45.4%	111,1 k €	-36.8%	175,8 k €	-31.3%	256 k €	-7.0%	275,4 k €	+21.5%	226,7 k €	-24.4%	299,9 k €	+174%	109,4 k €	-63.9%	302,8 k €
Net result	173,7 k €	-50.9%	353,5 k €	-8.7%	387,3 k €	+342%	87,6 k €	-33.2%	131,2 k €	+189%	45,4 k €	-22.4%	58,5 k €	-8.0%	63,6 k €	+65.5%	38,4 k €	+594%	5,5 k €	+110%	-53,8 k €	-266%	32,5 k €	-71.6%	114,6 k €	-12.3%	130,7 k €	+77.0%	73,8 k €	-48.1%	142,1 k €	+474%	-38 k €	-162%	61 k €
Balance sheet
Equity	2,5 M €	+7.3%	2,4 M €	+17.5%	2 M €	+22.9%	1,6 M €	+4.9%	1,6 M €	+8.4%	1,4 M €	+2.5%	1,4 M €	+3.5%	1,4 M €	+4.0%	1,3 M €	+2.2%	1,3 M €	-0.5%	1,3 M €	-4.9%	1,4 M €	+9.7%	1,2 M €	+9.9%	1,1 M €	+13.6%	989,4 k €	+8.1%	915,3 k €	+17.9%	776,6 k €	-5.1%	818,6 k €
Total assets	5,9 M €	-18.0%	7,2 M €	+8.0%	6,6 M €	+9.1%	6,1 M €	-0.7%	6,1 M €	+11.2%	5,5 M €	+3.4%	5,3 M €	+1.6%	5,2 M €	+6.6%	4,9 M €	-6.6%	5,3 M €	+0.2%	5,3 M €	-3.8%	5,5 M €	+9.5%	5 M €	+2.1%	4,9 M €	-2.1%	5 M €	+1.3%	4,9 M €	+1.5%	4,9 M €	+5.0%	4,6 M €
Cash	1 M €	-11.3%	1,2 M €	+44.1%	819,4 k €	+82.0%	450,3 k €	-65.3%	1,3 M €	+57.4%	825,6 k €	+8.6%	759,9 k €	+1729%	41,6 k €	-94.6%	770,7 k €	+14.8%	671,2 k €	-24.5%	888,4 k €	-20.4%	1,1 M €	-18.2%	1,4 M €	+23.1%	1,1 M €	+5.6%	1 M €	+36.1%	771,4 k €	+16.2%	663,6 k €	+197%	223,4 k €
Debts	2,7 M €	-32.1%	4 M €	-4.0%	4,2 M €	-1.7%	4,3 M €	-2.4%	4,4 M €	+11.6%	3,9 M €	+9.8%	3,6 M €	-4.4%	3,7 M €	+7.2%	3,5 M €	-6.6%	3,7 M €	+1.9%	3,7 M €	-5.8%	3,9 M €	+7.7%	3,6 M €	-0.9%	3,7 M €	-4.3%	3,8 M €	+0.5%	3,8 M €	-3.4%	3,9 M €	+7.0%	3,7 M €
Other
Workforce	66,9 ETP	+6.4%	62,9 ETP	+9.4%	57,5 ETP	+1.4%	56,7 ETP	+2.2%	55,5 ETP	+7.8%	51,5 ETP	-1.7%	52,4 ETP	+1.9%	51,4 ETP	+5.8%	48,6 ETP	+8.7%	44,7 ETP	+3.0%	43,4 ETP	-0.7%	43,7 ETP	+9.0%	40,1 ETP	+2.8%	39,0 ETP	0.0%	39,0 ETP	+2.6%	38,0 ETP	+2.7%	37,0 ETP	0.0%	37,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 31 ended

Active mandates

Marc Vanhauwenhuyse

Director · since 27 mai 2025

Active

Guido Schelfaut

Director · since 25 janvier 2022

Active

Sarah Willockx

Director · since 17 novembre 2020

Active

Wouter Vanderplasschen

Director · since 23 mai 2017

Active

Luc Stas

Director · since 29 octobre 2014

Active

Gilbert DEMEESTERE

Chairman of the board of directors · since 30 avril 1991

Active

Jessica De Maeyer

Director

Active

Ended mandates

Brigitte Van Schoote

Director · since 15 janvier 2022

Ended

Danny Dewitte

Director · since 18 juin 2014

Ended

Nancy Van Simaey

Director · since 12 novembre 2013 · until 25 janvier 2022

Ended

Nancy Van Simaey

Director · since 12 novembre 2013

Ended

At this address

Other companies at this address

Company	CBE no.
EUROPEAN FEDERATION OF THERAPEUTIC COMMUNICATIES - EUROPESE FEDERATIE VAN THERAPEUTISCHE GEMEENSCHAPPEN● Active	0471.858.379

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Abridged 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	15/06/2026	20/06/2025	26/06/2024	30/06/2023	05/07/2022	18/06/2021
General meeting	09/06/2026	27/05/2025	25/06/2024	27/06/2023	14/06/2022	18/05/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	09/06/2026	15/06/2026	Dutch	PDF
Full model	31/12/2024	27/05/2025	20/06/2025	Dutch	PDF
Full model	31/12/2023	25/06/2024	26/06/2024	Dutch	PDF
Full model	31/12/2022	27/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	14/06/2022	05/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/05/2021	18/06/2021	Dutch	PDF
Abridged model	31/12/2019	23/06/2020	26/06/2020	Dutch	PDF
Abridged model	31/12/2018	21/05/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	08/06/2018	Dutch	PDF
Abridged model	31/12/2016	23/05/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	24/05/2016	31/05/2016	Dutch	PDF
Abridged model	31/12/2014	19/05/2015	17/06/2015	Dutch	PDF
Abridged model	31/12/2013	20/05/2014	03/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/05/2013	28/05/2013	Dutch	PDF
Abridged model	31/12/2011	08/05/2012	08/06/2012	Dutch	PDF
Abridged model	31/12/2010	10/05/2011	20/05/2011	Dutch	PDF
Abridged model	31/12/2009	11/05/2010	01/06/2010	Dutch	PDF
Abridged model	31/12/2008	12/05/2009	18/05/2009	Dutch	PDF
Abridged model	31/12/2007	13/05/2008	20/05/2008	Dutch	PDF
Abridged model	31/12/2006	08/05/2007	08/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 31 ended

Active mandates

Marc Vanhauwenhuyse

Director · since 27 mai 2025

Active

Guido Schelfaut

Director · since 25 janvier 2022

Active

Sarah Willockx

Director · since 17 novembre 2020

Active

Wouter Vanderplasschen

Director · since 23 mai 2017

Active

Luc Stas

Director · since 29 octobre 2014

Active

Gilbert DEMEESTERE

Chairman of the board of directors · since 30 avril 1991

Active

Jessica De Maeyer

Director

Active

Ended mandates

Brigitte Van Schoote

Director · since 15 janvier 2022

Ended

Danny Dewitte

Director · since 18 juin 2014

Ended

Nancy Van Simaey

Director · since 12 novembre 2013 · until 25 janvier 2022

Ended

Nancy Van Simaey

Director · since 12 novembre 2013

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other26/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/03/2018
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

2025
Annual accounts 2025173,7 k €↓
2024
Annual accounts 2024353,5 k €↓
2023
Annual accounts 2023387,3 k €↑
2022
Annual accounts 202287,6 k €↓
2021
Annual accounts 2021131,2 k €↑
2020
Annual accounts 202045,4 k €↓
2019
Annual accounts 201958,5 k €↓
2018
Annual accounts 201863,6 k €↑
2017
Annual accounts 201738,4 k €↑
2016
Annual accounts 20165,5 k €↑
2015
Annual accounts 2015-53,8 k €↓
2014
Annual accounts 201432,5 k €↓
2013
Annual accounts 2013114,6 k €↓
2012
Annual accounts 2012130,7 k €↑
2011
Annual accounts 201173,8 k €↓
2010
Annual accounts 2010142,1 k €↑
2009
Annual accounts 2009-38 k €↓
2008
Annual accounts 200861 k €
30/04/1991
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

De Kiem

Overview

What does De Kiem do?

Trend over 18 financial years

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