ACTIVE

KERTEZA

Financial year 2025 · closed on 31/12/2025
Net result
-257,1 k €
-140.7% YoY
Gross margin
912,8 k €
+294.1% YoY
Equity
-156,7 k €
-256.1% YoY
Workforce
4,5 ETP
+9.8% YoY

What does KERTEZA do?

KERTEZA is a Private limited company incorporated in 1994. Its main activity is: Management consultancy activities. Its registered office is in Westerlo. It employs on average 4,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0454.079.863
Incorporation
27/12/1994
Legal form
Private limited company
Registered office
Nijverheidsstraat 13
2260 Westerlo · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
4,5 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222018201720162015201420132012201120102009200820072006
Income statement
Gross margin912,8 k €231,6 k €440,2 k €425,9 k €470,2 k €350,1 k €71,8 k €150,5 k €222,9 k €235,8 k €253,3 k €131,8 k €187,9 k €88,2 k €62,1 k €93,6 k €55 k €
EBITDA-210 k €-85,5 k €236,3 k €249,7 k €261,1 k €240,3 k €21,8 k €53 k €168,9 k €145,7 k €131,8 k €18 k €116,4 k €35,6 k €3,6 k €53 k €32,2 k €
Operating result-246,9 k €-102,4 k €212,6 k €227,8 k €226,6 k €193,1 k €8,4 k €40,5 k €158,2 k €137,5 k €120,9 k €4,1 k €109,1 k €16,6 k €-7,9 k €41,1 k €21,5 k €
Net result-257,1 k €-106,8 k €179,8 k €218,4 k €175,2 k €142,5 k €4 k €22,9 k €74,8 k €82,8 k €76,3 k €-402,2 €70 k €9,4 k €-12,2 k €25,9 k €14,3 k €
Balance sheet
Equity-156,7 k €100,4 k €207,2 k €137,4 k €149,4 k €99,2 k €91,6 k €87,7 k €64,8 k €64,8 k €64,8 k €64,4 k €64,8 k €69,8 k €60,3 k €72,5 k €46,6 k €
Total assets809,6 k €797,7 k €709,8 k €661,4 k €698,2 k €558,8 k €303,9 k €316,2 k €330,1 k €313,4 k €325,3 k €240,3 k €288,2 k €138 k €169,4 k €175,6 k €112,9 k €
Cash121,2 k €193,8 k €191,9 k €2,5 k €23 k €108,7 k €43,9 €17,3 k €13 k €8,4 k €6,3 k €26,4 k €43,4 k €10,9 k €6,6 k €6,8 k €17,5 k €
Debts854,4 k €674,5 k €502,7 k €524 k €548,9 k €459,6 k €212,3 k €228,5 k €265,3 k €248,6 k €260,5 k €175,9 k €223,4 k €68,2 k €109 k €103 k €66,3 k €
Other
Workforce4,5 ETP4,1 ETP3,0 ETP2,8 ETP3,6 ETP3,5 ETP2,1 ETP1,8 ETP1,8 ETP1,8 ETP1,6 ETP1,3 ETP0,8 ETP0,7 ETP0,7 ETP0,7 ETP0,4 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

Provixor

Director · since 18 février 2025 · 1019.254.521

Represented by Henk Vansteenkiste

Active
Cornelis Vermeer

Director · since 01 avril 2022

Active
JUSIMAR

Director · since 01 avril 2022 · 0749.746.949

Represented by Jan Demey

Active

Ended mandates

Provixor

Director · since 18 février 2025 · 1019.254.521

Represented by Henk VANSTEENKISTE

Ended
JUSIMAR

Director · since 01 avril 2022 · 0749.746.949

Represented by DEMEY JAN

Ended
P.T.F. HOLDING

Manager · since 26 septembre 2011 · 0837.159.191

Represented by Thoni VLIEGENTHART

Ended
P.T.F. HOLDING

Manager · since 26 septembre 2011 · 0837.159.191

Represented by Thoni VLIEGENTHART

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged 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 date03/07/202623/04/202501/03/202428/06/202325/02/202231/03/2021
General meeting27/06/202625/03/202529/02/202426/05/202324/02/202218/03/2021
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
Abridged model31/12/202527/06/202603/07/2026DutchPDF
Abridged model31/12/202425/03/202523/04/2025DutchPDF
Abridged model31/12/202329/02/202401/03/2024DutchPDF
Abridged model31/12/202226/05/202328/06/2023DutchPDF
Abridged model31/12/202124/02/202225/02/2022DutchPDF
Abridged model31/12/202018/03/202131/03/2021DutchPDF
Abridged model31/12/201929/05/202027/07/2020DutchPDF
Abridged model31/12/201811/02/201904/04/2019DutchPDF
Abridged model31/12/201720/03/201812/04/2018DutchPDF
Abridged model31/12/201626/05/201701/06/2017DutchPDF
Abridged model31/12/201527/05/201620/06/2016DutchPDF
Abridged model31/12/201416/02/201517/02/2015DutchPDF
Abridged model31/12/201330/05/201430/05/2014DutchPDF
Abridged model31/12/201225/02/201325/02/2013DutchPDF
Abridged model31/12/201101/03/201223/03/2012DutchPDF
Abridged model31/12/201007/02/201102/03/2011DutchPDF
Abridged model31/12/200917/03/201022/03/2010DutchPDF
Abridged model31/12/200829/05/200903/06/2009DutchPDF
Abridged model31/12/200730/05/200809/06/2008DutchPDF
Abridged model31/12/200625/05/200731/05/2007DutchPDF
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 · 3 active · 10 ended

Active mandates

Provixor

Director · since 18 février 2025 · 1019.254.521

Represented by Henk Vansteenkiste

Active
Cornelis Vermeer

Director · since 01 avril 2022

Active
JUSIMAR

Director · since 01 avril 2022 · 0749.746.949

Represented by Jan Demey

Active

Ended mandates

Provixor

Director · since 18 février 2025 · 1019.254.521

Represented by Henk VANSTEENKISTE

Ended
JUSIMAR

Director · since 01 avril 2022 · 0749.746.949

Represented by DEMEY JAN

Ended
P.T.F. HOLDING

Manager · since 26 septembre 2011 · 0837.159.191

Represented by Thoni VLIEGENTHART

Ended
P.T.F. HOLDING

Manager · since 26 septembre 2011 · 0837.159.191

Represented by Thoni VLIEGENTHART

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/04/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/04/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/10/2011
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/01/2010
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares30/01/2004
    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

Timeline

  1. 2025
    Annual accounts 2025-257,1 k €
  2. 2024
    Annual accounts 2024-106,8 k €
  3. 2023
    Annual accounts 2023179,8 k €
  4. 2022
    Annual accounts 2022218,4 k €
  5. 2018
    Annual accounts 2018175,2 k €
  6. 2017
    Annual accounts 2017142,5 k €
  7. 2016
    Annual accounts 20164 k €
  8. 2015
    Annual accounts 201522,9 k €
  9. 2014
    Annual accounts 201474,8 k €
  10. 2013
    Annual accounts 201382,8 k €
  11. 2012
    Annual accounts 201276,3 k €
  12. 2011
    Annual accounts 2011-402,2 €
  13. 2010
    Annual accounts 201070 k €
  14. 2009
    Annual accounts 20099,4 k €
  15. 2008
    Annual accounts 2008-12,2 k €
  16. 2007
    Annual accounts 200725,9 k €
  17. 2006
    Annual accounts 200614,3 k €
  18. 27/12/1994
    IncorporationPrivate limited company