ACTIVE

DE WITTE KEULEMANS

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Financial year 2025 · closed on 31/12/2025

Net result

111 k €

-30.9% YoY

Gross margin

246,1 k €

-25.9% YoY

Equity

890,9 k €

+14.2% YoY

What does DE WITTE KEULEMANS do?

DE WITTE KEULEMANS is a Private limited company incorporated in 1993. Its main activity is: Specialised construction activities. Its registered office is in Kontich.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.847.189

Incorporation

09/09/1993

Legal form

Private limited company

Registered office

Ooststatiestraat 68
2550 Kontich · FlandreSee on map

Contributed capital

6 155,32 €

Latest accounts

31/12/2025

Activities (NACE)

43410Specialised construction activities· main 43910Roofing activities 45220Maintenance and repair of motor vehicles 41001Construction of buildings 41201Construction of residential and non-residential buildings 43221Plumbing, heat and air-conditioning installation+13

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	246,1 k €	-25.9%	332 k €	+80.0%	184,4 k €	-47.2%	349,1 k €	-7.0%	375,2 k €	+15.8%	324,1 k €	+0.7%	321,7 k €	-11.1%	362,1 k €	-25.5%	485,9 k €	+17.9%	412,2 k €	-21.5%	525,2 k €	-2.6%	539,2 k €	+17.4%	459,1 k €	+44.2%	318,4 k €	-6.9%	342 k €	+6.4%	321,5 k €	+11.4%	288,6 k €	+15.3%	250,3 k €	-5.6%	265,1 k €	+6.5%	248,9 k €
EBITDA	239,5 k €	-26.4%	325,2 k €	+86.5%	174,3 k €	-36.8%	276,1 k €	+8.6%	254,3 k €	+22.7%	207,2 k €	+2.6%	202 k €	+10.6%	182,6 k €	-37.3%	291,1 k €	+42.5%	204,3 k €	-42.0%	352 k €	+9.3%	322 k €	+16.7%	275,8 k €	+83.9%	150 k €	-24.6%	198,8 k €	+15.0%	173 k €	+3.6%	167 k €	+57.0%	106,4 k €	-23.0%	138,1 k €	+11.1%	124,3 k €
Operating result	174,8 k €	-32.7%	259,8 k €	+113%	121,8 k €	-46.9%	229,2 k €	+36.9%	167,4 k €	+32.0%	126,8 k €	-18.9%	156,3 k €	+11.4%	140,3 k €	-45.3%	256,4 k €	+82.5%	140,5 k €	-50.9%	285,9 k €	+14.3%	250 k €	+24.1%	201,5 k €	+61.8%	124,5 k €	-33.1%	186 k €	+33.5%	139,3 k €	+33.8%	104,1 k €	+75.7%	59,3 k €	-32.5%	87,8 k €	+36.1%	64,5 k €
Net result	111 k €	-30.9%	160,6 k €	+118%	73,7 k €	-50.3%	148,4 k €	+39.5%	106,3 k €	+32.5%	80,3 k €	-16.8%	96,5 k €	-3.0%	99,4 k €	-29.4%	140,8 k €	+91.4%	73,6 k €	-52.6%	155,1 k €	-3.0%	159,8 k €	+30.5%	122,5 k €	+68.6%	72,6 k €	-33.1%	108,6 k €	+42.5%	76,2 k €	+40.5%	54,2 k €	+60.3%	33,8 k €	-40.6%	57 k €	+52.5%	37,4 k €
Balance sheet
Equity	890,9 k €	+14.2%	779,9 k €	+2.6%	760,5 k €	+10.7%	686,8 k €	+12.2%	611,9 k €	-7.4%	660,7 k €	+13.8%	580,4 k €	+19.9%	484 k €	+25.9%	384,5 k €	+23.5%	311,3 k €	+30.9%	237,7 k €	+188%	82,6 k €	+2.2%	80,8 k €	-5.9%	85,9 k €	+3.2%	83,2 k €	+67.8%	49,6 k €	+2.5%	48,4 k €	+41.7%	34,1 k €	-66.0%	100,3 k €	+114%	46,9 k €
Total assets	1,4 M €	-2.3%	1,4 M €	+4.9%	1,3 M €	+8.2%	1,2 M €	-4.5%	1,3 M €	-1.1%	1,3 M €	+28.9%	1 M €	+7.1%	942,3 k €	+7.3%	878,6 k €	+0.1%	877,7 k €	+9.0%	805 k €	-8.8%	882,8 k €	-5.4%	933 k €	+41.3%	660,3 k €	+31.6%	501,9 k €	+4.5%	480,3 k €	+4.7%	458,9 k €	+122%	207 k €	-25.8%	278,9 k €	-3.0%	287,5 k €
Cash	176,8 k €	-20.8%	223,1 k €	+126%	98,7 k €	-56.5%	227 k €	+22.9%	184,7 k €	-27.7%	255,4 k €	-16.7%	306,8 k €	+9.7%	279,7 k €	+1.9%	274,6 k €	-6.3%	293,2 k €	+36.6%	214,5 k €	-4.6%	224,8 k €	+85.7%	121,1 k €	+32.7%	91,2 k €	-14.4%	106,6 k €	-6.4%	113,9 k €	+49.0%	76,5 k €	+122%	34,4 k €	-64.5%	96,8 k €	+145%	39,5 k €
Debts	470 k €	-23.3%	612,9 k €	+8.2%	566,4 k €	+4.4%	542,6 k €	-19.6%	675 k €	+5.4%	640,1 k €	+49.2%	428,9 k €	-6.1%	456,6 k €	-7.6%	494 k €	+8.5%	455,2 k €	-19.8%	567,3 k €	-28.9%	797,9 k €	-6.1%	850,1 k €	+48.0%	574,4 k €	+37.2%	418,6 k €	-2.8%	430,7 k €	+4.9%	410,5 k €	+138%	172,8 k €	-3.3%	178,6 k €	-25.8%	240,7 k €
Other
Workforce	–		–		–		1,0 ETP	-56.5%	2,3 ETP	+9.5%	2,1 ETP	-25.0%	2,8 ETP	-24.3%	3,7 ETP	-7.5%	4,0 ETP	-4.8%	4,2 ETP	+20.0%	3,5 ETP	-20.5%	4,4 ETP	-10.2%	4,9 ETP	+32.4%	3,7 ETP	+15.6%	3,2 ETP	-3.0%	3,3 ETP	-31.3%	4,8 ETP	+71.4%	2,8 ETP	-15.2%	3,3 ETP	-90.0%	33,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

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

Active mandates

Glenn Keulemans

Director · since 01 janvier 2009

Active

Daniel Keulemans

Director · since 09 septembre 1993

Active

Ended mandates

Glenn Keulemans

Manager · since 01 janvier 2009

Ended

Daniel Keulemans

Manager · since 09 septembre 1993

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	22/06/2026	14/07/2025	27/06/2024	16/06/2023	13/07/2022	20/04/2021
General meeting	18/06/2026	19/06/2025	20/06/2024	15/06/2023	16/06/2022	15/03/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/06/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	19/06/2025	14/07/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	27/06/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	16/06/2023	Dutch	PDF
Abridged model	31/12/2021	16/06/2022	13/07/2022	Dutch	PDF
Abridged model	31/12/2020	15/03/2021	20/04/2021	Dutch	PDF
Abridged model	31/12/2019	18/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	21/06/2019	Dutch	PDF
Abridged model	31/12/2017	21/06/2018	23/07/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	17/07/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	13/07/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	02/07/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	21/06/2013	Dutch	PDF
Abridged model	31/12/2011	21/06/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	16/06/2011	02/08/2011	Dutch	PDF
Abridged model	31/12/2009	17/06/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	17/07/2009	Dutch	PDF
Abridged model	31/12/2007	19/06/2008	07/08/2008	Dutch	PDF
Abridged model	31/12/2006	21/06/2007	24/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 2 ended

Active mandates

Glenn Keulemans

Director · since 01 janvier 2009

Active

Daniel Keulemans

Director · since 09 septembre 1993

Active

Ended mandates

Glenn Keulemans

Manager · since 01 janvier 2009

Ended

Daniel Keulemans

Manager · since 09 septembre 1993

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/01/2018
KAPITAAL - AANDELEN
PDF
Other20/04/2016
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares14/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/01/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares16/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025111 k €↓
2024
Annual accounts 2024160,6 k €↑
2023
Annual accounts 202373,7 k €↓
2022
Annual accounts 2022148,4 k €↑
2021
Annual accounts 2021106,3 k €↑
2020
Annual accounts 202080,3 k €↓
2019
Annual accounts 201996,5 k €↓
2018
Annual accounts 201899,4 k €↓
2017
Annual accounts 2017140,8 k €↑
2016
Annual accounts 201673,6 k €↓
2015
Annual accounts 2015155,1 k €↓
2014
Annual accounts 2014159,8 k €↑
2013
Annual accounts 2013122,5 k €↑
2012
Annual accounts 201272,6 k €↓
2011
Annual accounts 2011108,6 k €↑
2010
Annual accounts 201076,2 k €↑
2009
Annual accounts 200954,2 k €↑
2008
Annual accounts 200833,8 k €↓
2007
Annual accounts 200757 k €↑
2006
Annual accounts 200637,4 k €
09/09/1993
IncorporationPrivate limited company

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 WITTE KEULEMANS

Overview

What does DE WITTE KEULEMANS do?

Trend over 20 financial years

Indicative valuation

Board of directors

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