ACTIVE

CONTRAST

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Financial year 2025 · closed on 31/12/2025

Net result

1,4 k €

-78.8% YoY

Gross margin

55,8 k €

-4.5% YoY

Equity

33,5 k €

+4.3% YoY

What does CONTRAST do?

CONTRAST is a Private limited company incorporated in 2002. Its main activity is: Plastering. Its registered office is in Herzele.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.006.804

Incorporation

28/02/2002

Legal form

Private limited company

Registered office

Eikestraat 36
9550 Herzele · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

43310Plastering· main 43310Plastering 43341Painting and glazing 43341Painting and glazing 45410Sale, maintenance and repair of motorcycles and related parts and accessories 43332Floor and wall covering+8

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ 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
Gross margin	55,8 k €	-4.5%	58,4 k €	+44.6%	40,4 k €	-8.8%	44,3 k €	+63.9%	27 k €	-0.2%	27,1 k €	-28.7%	38 k €	-23.6%	49,7 k €	+113%	23,4 k €	+165%	8,8 k €	-52.1%	18,4 k €	+28.2%	14,3 k €	+37.9%	10,4 k €	-52.6%	22 k €	-4.0%	22,9 k €	+286%	5,9 k €	-62.0%	15,6 k €	-3.5%	16,2 k €
EBITDA	17,3 k €	+15.7%	15 k €	+69.6%	8,8 k €	+58.1%	5,6 k €	+295%	-2,9 k €	-31.7%	-2,2 k €	-353%	860,3 €	-92.4%	11,3 k €	+55.6%	7,3 k €	+33.7%	5,4 k €	-68.2%	17,1 k €	+24.2%	13,8 k €	+50.6%	9,1 k €	-54.7%	20,2 k €	-0.1%	20,2 k €	+471%	3,5 k €	-75.6%	14,5 k €	-5.2%	15,3 k €
Operating result	3,5 k €	-63.1%	9,6 k €	+237%	2,8 k €	-41.1%	4,8 k €	+230%	-3,7 k €	-20.2%	-3,1 k €	-831%	-331,8 €	-105%	6,7 k €	+149%	2,7 k €	+1933%	133 €	-98.4%	8,3 k €	+72.4%	4,8 k €	+578%	-1 k €	-116%	6,4 k €	+185%	2,2 k €	+122%	-9,9 k €	-859%	1,3 k €	-73.3%	4,9 k €
Net result	1,4 k €	-78.8%	6,5 k €	+485%	1,1 k €	-67.4%	3,4 k €	+183%	-4,1 k €	-17.5%	-3,5 k €	-406%	-689,2 €	-116%	4,3 k €	+159%	1,7 k €	-2.8%	1,7 k €	-55.7%	3,8 k €	+14.3%	3,4 k €	+236%	-2,5 k €	-156%	4,4 k €	+136%	1,9 k €	+128%	-6,7 k €	-9.8%	-6,1 k €	-300%	3,1 k €
Balance sheet
Equity	33,5 k €	+4.3%	32,1 k €	+25.5%	25,6 k €	+4.6%	24,5 k €	+16.3%	21 k €	-16.3%	25,1 k €	-12.2%	28,6 k €	-2.4%	29,3 k €	+17.1%	25 k €	+7.1%	23,4 k €	+7.8%	21,7 k €	+21.5%	17,8 k €	+23.2%	14,5 k €	-14.6%	16,9 k €	+34.8%	12,6 k €	+17.3%	10,7 k €	-38.5%	17,4 k €	-26.0%	23,5 k €
Total assets	108,2 k €	+42.2%	76,1 k €	+1.9%	74,7 k €	+26.5%	59 k €	+2.8%	57,4 k €	+26.2%	45,5 k €	+0.8%	45,1 k €	-6.0%	48 k €	+12.2%	42,8 k €	+13.6%	37,7 k €	-3.3%	39 k €	+6.7%	36,5 k €	+6.8%	34,2 k €	-25.7%	46 k €	-17.3%	55,6 k €	+27.5%	43,6 k €	-27.5%	60,2 k €	+8.8%	55,3 k €
Cash	36,6 k €	+11.6%	32,8 k €	+57.2%	20,9 k €	+19.3%	17,5 k €	-56.0%	39,7 k €	+92.7%	20,6 k €	+56.1%	13,2 k €	-26.8%	18,1 k €	-19.2%	22,4 k €	+59.6%	14 k €	+530%	2,2 k €	-65.8%	6,5 k €	-30.9%	9,4 k €	-23.3%	12,3 k €	+30.6%	9,4 k €	-24.6%	12,5 k €	+252%	3,5 k €	-65.4%	10,2 k €
Debts	73,6 k €	+67.4%	44 k €	-10.4%	49,1 k €	+43.5%	34,2 k €	+17.2%	29,2 k €	+43.3%	20,4 k €	+28.5%	15,9 k €	-12.4%	18,1 k €	+5.3%	17,2 k €	+20.2%	14,3 k €	-17.4%	17,3 k €	-7.4%	18,7 k €	-5.3%	19,7 k €	-32.1%	29,1 k €	-32.5%	43 k €	+30.8%	32,9 k €	-23.0%	42,7 k €	+34.5%	31,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

WERNER KIEKENS

Director

Active

Ended mandates

JURGEN KIEKENS

Mandate

Ended

JURGEN KIEKENS

Director

Ended

JURGEN KIEKENS

Manager

Ended

WERNER KIEKENS

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	15/07/2026	09/07/2025	04/07/2024	03/07/2023	22/08/2022	23/08/2021
General meeting	26/06/2026	27/06/2025	27/06/2024	29/06/2023	30/06/2022	24/06/2021
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
Micro model	31/12/2025	26/06/2026	15/07/2026	Dutch	PDF
Micro model	31/12/2024	27/06/2025	09/07/2025	Dutch	PDF
Micro model	31/12/2023	27/06/2024	04/07/2024	Dutch	PDF
Micro model	31/12/2022	29/06/2023	03/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	22/08/2022	Dutch	PDF
Micro model	31/12/2020	24/06/2021	23/08/2021	Dutch	PDF
Micro model	31/12/2019	25/06/2020	11/09/2020	Dutch	PDF
Micro model	31/12/2018	27/06/2019	27/08/2019	Dutch	PDF
Micro model	31/12/2017	28/06/2018	28/08/2018	Dutch	PDF
Micro model	31/12/2016	29/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	15/07/2011	Dutch	PDF
Abridged model	31/12/2009	24/06/2010	05/08/2010	Dutch	PDF
Abridged model	31/12/2008	25/06/2009	17/07/2009	Dutch	PDF
Abridged model	31/12/2007	26/06/2008	23/07/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	31/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 5 ended

Active mandates

WERNER KIEKENS

Director

Active

Ended mandates

JURGEN KIEKENS

Mandate

Ended

JURGEN KIEKENS

Director

Ended

JURGEN KIEKENS

Manager

Ended

WERNER KIEKENS

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
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 20251,4 k €↓
2024
Annual accounts 20246,5 k €↑
2023
Annual accounts 20231,1 k €↓
2022
Annual accounts 20223,4 k €↑
2021
Annual accounts 2021-4,1 k €↓
2020
Annual accounts 2020-3,5 k €↓
2019
Annual accounts 2019-689,2 €↓
2018
Annual accounts 20184,3 k €↑
2017
Annual accounts 20171,7 k €↓
2016
Annual accounts 20161,7 k €↓
2015
Annual accounts 20153,8 k €↑
2014
Annual accounts 20143,4 k €↑
2013
Annual accounts 2013-2,5 k €↓
2012
Annual accounts 20124,4 k €↑
2011
Annual accounts 20111,9 k €↑
2010
Annual accounts 2010-6,7 k €↓
2009
Annual accounts 2009-6,1 k €↓
2008
Annual accounts 20083,1 k €
28/02/2002
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

CONTRAST

Overview

What does CONTRAST do?

Trend over 18 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