ACTIVE

KEFAS

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Financial year 2025 · closed on 31/12/2025

Net result

1,6 M €

+377.0% YoY

Gross margin

2 M €

+10.0% YoY

Equity

10 M €

+19.3% YoY

Workforce

1,0 ETP

0.0% YoY

What does KEFAS do?

KEFAS is a Private foundation incorporated in 2016. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Antwerpen. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0646.676.333

Incorporation

15/01/2016

Legal form

Private foundation

Registered office

Schoenmarkt 2
2000 Antwerpen · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2021		2020		2019		2018
Income statement
Gross margin	2 M €	+10.0%	1,8 M €	+19.6%	1,5 M €	-54.2%	3,3 M €	+141%	1,4 M €	-1.0%	1,4 M €	+20.5%	1,1 M €	-31.6%	1,7 M €
EBITDA	-49,2 k €	-113%	375,5 k €	+97.0%	190,6 k €	-91.1%	2,1 M €	+822%	232,9 k €	-30.1%	333,2 k €	+103%	164 k €	-78.3%	756,4 k €
Operating result	-57,1 k €	-116%	367,6 k €	+101%	182,7 k €	-91.5%	2,1 M €	+851%	225 k €	-27.3%	309,5 k €	+88.7%	164 k €	-78.3%	756,4 k €
Net result	1,6 M €	+377%	338,7 k €	+59.7%	212,1 k €	-60.2%	532,9 k €	+117%	246 k €	-18.8%	302,9 k €	-26.6%	412,6 k €	-32.7%	613,2 k €
Balance sheet
Equity	10 M €	+19.3%	8,4 M €	+4.2%	8 M €	+2.7%	7,8 M €	+7.3%	7,3 M €	+3.5%	7 M €	+4.5%	6,7 M €	+6.5%	6,3 M €
Total assets	12 M €	+15.7%	10,4 M €	+3.3%	10 M €	+2.1%	9,8 M €	+5.7%	9,3 M €	+2.9%	9 M €	+3.5%	8,7 M €	+38.2%	6,3 M €
Cash	541,7 k €	+17.0%	462,9 k €	-9.7%	512,7 k €	-72.7%	1,9 M €	+12.1%	1,7 M €	+7.1%	1,6 M €	+9.0%	1,4 M €	-23.0%	1,9 M €
Debts	2 M €	+0.0%	2 M €	-0.1%	2 M €	+0.1%	2 M €	-0.6%	2 M €	+0.8%	2 M €	+0.2%	2 M €		–
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 9 ended

Active mandates

Bart Paepen

Director · since 28 mars 2025

Active

Emmanuel Chinedu Ikeobi

Director · since 28 mars 2025

Active

Johan Bonny

Chairman of the board of directors · since 28 mars 2025

Active

Wim Selderslaghs

Director · since 28 mars 2025

Active

Ended mandates

Bruno Aerts

Director · since 25 mars 2022

Ended

Emmanuel Chinedu Ikeobi

Director · since 25 mars 2022

Ended

Johan Bonny

Chairman of the board of directors · since 25 mars 2022

Ended

Wim Selderslaghs

Director · since 25 mars 2022

Ended

At this address

Other companies at this address

Company	CBE no.
ADMINISTRATIEF BUREAU VAN HET SEMINARIE VAN ANTWERPEN● Active	0850.395.733
Bisdom Antwerpen● Active	0408.140.861
CARITAS-ANTWERPEN● Active	0416.861.854
Diocesaan Fonds Congregaties Antwerpen● Active	0689.615.560
Emmaus● Active	0409.486.488
Franciscus Sonnius● Active	0643.498.394
Gasthuiszusters Augustinessen van Geel● Liquidation	0426.212.456
Pastoraal Informatiecentrum Antwerpen● Active	1031.160.379
Sint Lodewijksvereniging● Liquidation	0410.127.579

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	14/04/2026	31/03/2025	28/08/2024	05/04/2023	29/03/2022	10/06/2021
General meeting	20/03/2026	28/03/2025	22/03/2024	24/03/2023	25/03/2022	26/03/2021
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

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/03/2026	14/04/2026	Dutch	PDF
Abridged model	31/12/2024	28/03/2025	31/03/2025	Dutch	PDF
Abridged model	31/12/2023	22/03/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	24/03/2023	05/04/2023	Dutch	PDF
Abridged model	31/12/2021	25/03/2022	29/03/2022	Dutch	PDF
Abridged model	31/12/2020	26/03/2021	10/06/2021	Dutch	PDF
Abridged model	31/12/2019	03/04/2020	22/04/2020	Dutch	PDF
Abridged model	31/12/2018	05/04/2019	29/04/2019	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 4 active · 9 ended

Active mandates

Bart Paepen

Director · since 28 mars 2025

Active

Emmanuel Chinedu Ikeobi

Director · since 28 mars 2025

Active

Johan Bonny

Chairman of the board of directors · since 28 mars 2025

Active

Wim Selderslaghs

Director · since 28 mars 2025

Active

Ended mandates

Bruno Aerts

Director · since 25 mars 2022

Ended

Emmanuel Chinedu Ikeobi

Director · since 25 mars 2022

Ended

Johan Bonny

Chairman of the board of directors · since 25 mars 2022

Ended

Wim Selderslaghs

Director · since 25 mars 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring04/05/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other19/01/2016
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 20251,6 M €↑
2024
Annual accounts 2024338,7 k €↑
2023
Annual accounts 2023212,1 k €↓
2022
Annual accounts 2022532,9 k €↑
2021
Annual accounts 2021246 k €↓
2020
Annual accounts 2020302,9 k €↓
2019
Annual accounts 2019412,6 k €↓
2018
Annual accounts 2018613,2 k €
15/01/2016
IncorporationPrivate foundation

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

KEFAS

Overview

What does KEFAS do?

Trend over 8 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