ACTIVE

Kiemkracht

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Financial year 2025 · Closed on 31/12/2025

Net result322,9 k €-75,1 %over 1 year
Revenue13,3 M €+9,0 %over 1 year
Equity9,2 M €+3,6 %over 1 year
Workforce404,4 ETP+9,2 %over 1 year

Identity

Source · BCE/KBO

Kiemkracht is a Non-profit organization incorporated in 1994. Its main activity is: Technical and vocational secondary education. Its registered office is in Hamme (Vl.). It employs on average 404,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0454.343.743
Incorporation
06/09/1994
Legal form
Non-profit organization
Registered office
Zwaarveld 57
9220 Hamme (Vl.) · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
404,4 ETP
Joint committees (2)
  • 327
  • 32701
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue13,3 M €12,2 M €10,8 M €3,8 M €3,3 M €
EBITDA1,2 M €2 M €1,2 M €552,2 k €886,8 k €
Operating result375,8 k €1,3 M €637,1 k €213,4 k €527,3 k €
Net result322,9 k €1,3 M €625,1 k €55,4 k €480,8 k €
Balance sheet
Equity9,2 M €8,9 M €7,6 M €4,2 M €4,1 M €
Total assets17,4 M €16 M €14,9 M €9,5 M €9,5 M €
Cash3,3 M €4,4 M €3,9 M €1,2 M €1,4 M €
Debts8,2 M €7,1 M €7,2 M €5,3 M €5,3 M €
Other
Workforce404,4 ETP370,4 ETP356,7 ETP161,3 ETP160,7 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 31/12/2025

9 active · 118 ended

Active mandates

Ivo Spildooren

Director · since 04 décembre 2024

Active
Halina Bletek

Director · since 06 décembre 2023

Active
Frank Burssens

Director · since 20 décembre 2022

Active
Hilde Vanwildemeersch

Director · since 20 décembre 2022

Active
Hildegard Vanbeckbergen

Director · since 25 mai 2021 · until 18 décembre 2025

Active
Johan De Beule

Director · since 25 mai 2021 · until 18 décembre 2025

Active
Ilse Waumans

Director · since 08 juillet 2019

Active
Koen De Bock

Director · since 08 juillet 2019

Active
Christel Van Hoyweghen

Chairman of the board of directors · since 28 mai 2013

Active

Ended mandates

Hildegard Vanbeckbergen

Director · since 25 mai 2021

Ended
Johan De Beule

Director · since 25 mai 2021

Ended
Erwin Brys

Director · since 08 juillet 2019 · until 31 mai 2022

Ended
Fons Leroy

Director · since 08 juillet 2019 · until 31 août 2021

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date16/06/202603/06/202512/06/202407/06/202329/06/202202/06/2021
General meeting28/05/202621/05/202529/05/202425/05/202331/05/202225/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/05/202616/06/2026DutchPDF
Full model31/12/202421/05/202503/06/2025DutchPDF
Full model31/12/202329/05/202412/06/2024DutchPDF
Full model31/12/202225/05/202307/06/2023DutchPDF
Full model31/12/202131/05/202229/06/2022DutchPDF
Full model31/12/202025/05/202102/06/2021DutchPDF
Full model31/12/201902/06/202007/07/2020DutchPDF
Full model31/12/201808/07/201909/07/2019DutchPDF
Full model31/12/201729/05/201821/06/2018DutchPDF
Full model31/12/201630/05/201714/06/2017DutchPDF
Full model31/12/201524/05/201625/05/2016DutchPDF
Full model31/12/201426/05/201508/06/2015DutchPDF
Full model31/12/201327/05/201402/06/2014DutchPDF
Abridged model31/12/201228/05/201304/06/2013DutchPDF
Abridged model31/12/201129/05/201211/06/2012DutchPDF
Abridged model31/12/201031/05/201106/06/2011DutchPDF
Abridged model31/12/200901/06/201011/06/2010DutchPDF
Abridged modelCorrection31/12/200809/06/200923/12/2009DutchPDF
Abridged model31/12/200809/06/200923/06/2009DutchPDF
Abridged model31/12/200717/06/200819/06/2008DutchPDF
Abridged model31/12/200626/06/200703/07/2007DutchPDF

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 31/12/2025

9 active · 118 ended

Active mandates

Ivo Spildooren

Director · since 04 décembre 2024

Active
Halina Bletek

Director · since 06 décembre 2023

Active
Frank Burssens

Director · since 20 décembre 2022

Active
Hilde Vanwildemeersch

Director · since 20 décembre 2022

Active
Hildegard Vanbeckbergen

Director · since 25 mai 2021 · until 18 décembre 2025

Active
Johan De Beule

Director · since 25 mai 2021 · until 18 décembre 2025

Active
Ilse Waumans

Director · since 08 juillet 2019

Active
Koen De Bock

Director · since 08 juillet 2019

Active
Christel Van Hoyweghen

Chairman of the board of directors · since 28 mai 2013

Active

Ended mandates

Hildegard Vanbeckbergen

Director · since 25 mai 2021

Ended
Johan De Beule

Director · since 25 mai 2021

Ended
Erwin Brys

Director · since 08 juillet 2019 · until 31 mai 2022

Ended
Fons Leroy

Director · since 08 juillet 2019 · until 31 août 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring12/01/2023
    ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates21/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2021
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025322,9 k €↓
  2. 2024
    Annual accounts 20241,3 M €↑
  3. 2023
    Annual accounts 2023625,1 k €↑
  4. 2022
    Annual accounts 202255,4 k €↓
  5. 2022
    Name changeKiemkracht
  6. 2021
    Annual accounts 2021480,8 k €↑
  7. 2021
    Name changeMaatwerkbedrijf Spoor2
  8. 2020
    Annual accounts 20205,5 k €↓
  9. 2019
    Annual accounts 201979,6 k €↓
  10. 2018
    Annual accounts 2018638,5 k €↓
  11. 2017
    Annual accounts 2017655,2 k €↓
  12. 2016
    Annual accounts 2016666,5 k €↑
  13. 2015
    Annual accounts 2015581,2 k €↑
  14. 2014
    Annual accounts 2014150,7 k €↑
  15. 2013
    Annual accounts 201369,9 k €↓
  16. 2012
    Annual accounts 201271,6 k €↓
  17. 2011
    Annual accounts 201190,2 k €↑
  18. 2010
    Annual accounts 201081,4 k €↓
  19. 2009
    Annual accounts 200996,4 k €↑
  20. 2008
    Annual accounts 200828,3 k €↑
  21. 2007
    Annual accounts 200724,5 k €
  22. 06/09/1994
    IncorporationNon-profit organization