ACTIVE

KERATECH

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Financial year 2025 · closed on 31/12/2025

Net result

17,8 k €

+181.2% YoY

Gross margin

136,8 k €

-3.9% YoY

Equity

556,9 k €

-7.7% YoY

What does KERATECH do?

KERATECH is a Private company with limited liability incorporated in 2000. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Olen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.340.321

Incorporation

02/03/2000

Legal form

Private company with limited liability

Registered office

Beukenstraat 6
2250 Olen · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	136,8 k €	-3.9%	142,3 k €	+22.4%	116,3 k €	+106%	56,3 k €	+13.0%	49,8 k €	-55.3%	111,4 k €	-74.0%	427,7 k €	+55.8%	274,5 k €	+47.9%	185,5 k €	+701%	23,2 k €	-27.4%	31,9 k €	+5.2%	30,4 k €	+55.6%	19,5 k €	-77.5%	86,9 k €	+124%	38,8 k €	-58.2%	92,8 k €	+23.5%	75,2 k €	+92.8%	39,0 k €	+4.4%	37,3 k €
EBITDA	127,3 k €	-4.4%	133,1 k €	+19.0%	111,8 k €	+114%	52,2 k €	+14.0%	45,8 k €	-58.7%	110,8 k €	-74.0%	426,8 k €	+56.4%	272,8 k €	+48.3%	183,9 k €	+771%	21,1 k €	-29.1%	29,8 k €	+6.7%	27,9 k €	+83.6%	15,2 k €	-82.1%	85,1 k €	+151%	34,0 k €	-62.8%	91,4 k €	+23.1%	74,2 k €	+97.8%	37,5 k €	+4.1%	36,0 k €
Operating result	67,4 k €	-8.6%	73,8 k €	+37.4%	53,7 k €	+1252%	-4,7 k €	+58.0%	-11,1 k €	-117%	66,8 k €	-82.7%	386,1 k €	+43.8%	268,5 k €	+49.2%	179,9 k €	+959%	17,0 k €	-33.8%	25,7 k €	+7.9%	23,8 k €	+110%	11,3 k €	-85.8%	80,0 k €	+180%	28,5 k €	-65.9%	83,6 k €	+32.1%	63,3 k €	+151%	25,2 k €	-8.6%	27,6 k €
Net result	17,8 k €	+181%	6,3 k €	+293%	-3,3 k €	+87.8%	-26,8 k €	-23.1%	-21,8 k €	-165%	33,4 k €	-85.4%	228,5 k €	+220%	71,3 k €	+520%	11,5 k €	-8.1%	12,5 k €	-29.8%	17,8 k €	+9.7%	16,3 k €	+68.6%	9,7 k €	-66.6%	28,9 k €	-64.6%	81,6 k €	+32.4%	61,6 k €	+24.8%	49,4 k €	+162%	18,8 k €	-13.9%	21,9 k €
Balance sheet
Equity	556,9 k €	-7.7%	603,1 k €	+1.1%	596,8 k €	-0.5%	600,1 k €	-4.3%	626,9 k €	-3.4%	648,7 k €	+5.4%	615,3 k €	+59.1%	386,9 k €	+22.6%	315,6 k €	+3.8%	304,1 k €	+4.3%	291,6 k €	+6.5%	273,7 k €	+6.3%	257,4 k €	+3.9%	247,8 k €	+13.2%	218,9 k €	+59.4%	137,3 k €	+43.5%	95,7 k €	+48.2%	64,6 k €	+41.2%	45,7 k €
Total assets	1,6 M €	-1.8%	1,6 M €	-6.7%	1,8 M €	-1.8%	1,8 M €	+18.7%	1,5 M €	-1.1%	1,5 M €	+1.5%	1,5 M €	+187%	523,2 k €	+23.2%	424,7 k €	+7.5%	395,1 k €	+3.4%	382,3 k €	+2.8%	372,0 k €	-2.4%	381,0 k €	+24.8%	305,4 k €	-6.1%	325,3 k €	+27.6%	254,9 k €	-0.5%	256,2 k €	+69.7%	150,9 k €	+47.9%	102,0 k €
Cash	316,3 k €	-2.5%	324,5 k €	-23.6%	424,9 k €	+2.8%	413,3 k €	+168%	154,1 k €	-25.3%	206,2 k €	-5.2%	217,6 k €	+267%	59,3 k €	+7.8%	55,0 k €	+579%	8,1 k €	+30.4%	6,2 k €	+44.7%	4,3 k €	+20.1%	3,6 k €	-90.1%	36,0 k €	-43.5%	63,6 k €	-24.2%	83,9 k €	+52.4%	55,1 k €	+233%	16,5 k €	-71.1%	57,2 k €
Debts	1,1 M €	+1.6%	1,0 M €	-10.7%	1,2 M €	-2.5%	1,2 M €	+35.1%	880,8 k €	+0.6%	875,2 k €	-1.3%	886,7 k €	+550%	136,3 k €	+25.0%	109,1 k €	+19.8%	91,1 k €	+0.3%	90,8 k €	-7.6%	98,3 k €	-20.4%	123,5 k €	+121%	56,0 k €	-46.7%	105,0 k €	+2.9%	102,0 k €	-29.5%	144,8 k €	+136%	61,4 k €	+32.3%	46,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Kurt Maes

Director

Active

Ended mandates

Kurt Maes

Director · since 23 juin 2020

Ended

SOFOS

Director · since 25 septembre 2018 · until 23 juin 2020 · 0697.945.880

Represented by Kurt Maes

Ended

VESTA.COM

Director · since 11 avril 2012 · until 23 juin 2020 · 0472.702.774

Represented by Karen Steurs

Ended

VESTA.COM

Manager · since 27 mars 2012 · 0472.702.774

Ended

At this address

Other companies at this address

Company	CBE no.
KATHARO● Active	0697.946.375
Mauro Maes Vloer- & Tegelwerken● Active	1015.801.420
PORTE BONHEUR● Active	0773.643.987
SOFOS● Active	0697.945.880
VESTA.COM● Active	0472.702.774

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	10/06/2026	02/07/2025	03/07/2024	23/06/2023	30/06/2022	25/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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	01/06/2026	10/06/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	02/07/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	23/06/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	01/07/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	18/06/2018	Dutch	PDF
Micro model	31/12/2016	06/06/2017	22/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	10/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	20/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	08/09/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	09/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	10/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 13 ended

Active mandates

Kurt Maes

Director

Active

Ended mandates

Kurt Maes

Director · since 23 juin 2020

Ended

SOFOS

Director · since 25 septembre 2018 · until 23 juin 2020 · 0697.945.880

Represented by Kurt Maes

Ended

VESTA.COM

Director · since 11 avril 2012 · until 23 juin 2020 · 0472.702.774

Represented by Karen Steurs

Ended

VESTA.COM

Manager · since 27 mars 2012 · 0472.702.774

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/07/2020
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates21/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/04/2012
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/01/2007
MAATSCHAPPELIJKE ZETEL - BENAMING - ONTSLAGEN - BENOEMINGEN - DOEL
PDF
Capital / shares28/04/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - 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 202517,8 k €↑
2024
Annual accounts 20246,3 k €↑
2023
Annual accounts 2023-3,3 k €↑
2022
Annual accounts 2022-26,8 k €↓
2021
Annual accounts 2021-21,8 k €↓
2020
Annual accounts 202033,4 k €↓
2019
Annual accounts 2019228,5 k €↑
2018
Annual accounts 201871,3 k €↑
2017
Annual accounts 201711,5 k €↓
2016
Annual accounts 201612,5 k €↓
2015
Annual accounts 201517,8 k €↑
2014
Annual accounts 201416,3 k €↑
2013
Annual accounts 20139,7 k €↓
2012
Annual accounts 201228,9 k €↓
2011
Annual accounts 201181,6 k €↑
2010
Annual accounts 201061,6 k €↑
2009
Annual accounts 200949,4 k €↑
2008
Annual accounts 200818,8 k €↓
2007
Annual accounts 200721,9 k €
02/03/2000
IncorporationPrivate company with limited liability

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

KERATECH

Overview

What does KERATECH do?

Trend over 19 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