ACTIVE

KERN DEVELOPMENT

Financial year 2025 · Closed on 31/12/2025

Net result-109,3 k €-28,8 %over 1 year
Gross margin-109 k €-25,0 %over 1 year
Equity-990,9 k €-12,4 %over 1 year

Identity

Source · BCE/KBO

KERN DEVELOPMENT is a Private limited company incorporated in 2017. Its main activity is: Development of building projects. Its registered office is in Roeselare.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0683.792.986
Incorporation
27/10/2017
Legal form
Private limited company
Registered office
Brabantstraat 38
8800 Roeselare · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
Good liquidity

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin-109 k €-87,2 k €-65,3 k €-71,7 k €300,2 k €
EBITDA-110,3 k €-88,2 k €-67 k €-72,6 k €143,8 k €
Operating result-110,3 k €-88,2 k €-67 k €-72,6 k €143,8 k €
Net result-109,3 k €-84,8 k €-102,3 k €-108,3 k €102,9 k €
Balance sheet
Equity-990,9 k €-881,6 k €-796,8 k €-694,5 k €-586,2 k €
Total assets1,3 M €1,2 M €1,3 M €1,3 M €1,4 M €
Cash4,7 k €27,3 k €14,6 k €228,9 k €39,3 k €
Debts2,3 M €2,1 M €2,1 M €2 M €1,9 M €
Other
Workforce–––0,0 ETP–

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FIDEC0832.200.513Represented by Frank DECEUNINCK
DirectorManager2019 accountsended

Other companies at this address

Brabantstraat 38 8800 Roeselare
CompanyCBE no.
Aster● Active
0719.325.571
FIDEC● Active
0832.200.513
HOF TER EIKE● Active
0668.430.166

Full financial information

Source · NBB
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 date31/08/202625/08/202526/08/202429/08/202323/08/202218/08/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202631/08/2026DutchPDF
Abridged model31/12/202420/06/202525/08/2025DutchPDF
Abridged model31/12/202321/06/202426/08/2024DutchPDF
Abridged model31/12/202216/06/202329/08/2023DutchPDF
Abridged model31/12/202117/06/202223/08/2022DutchPDF
Abridged model31/12/202018/06/202118/08/2021DutchPDF
Abridged modelCorrection31/12/201919/06/202002/09/2020DutchPDF
Abridged model31/12/201919/06/202024/08/2020DutchPDF
Abridged model31/12/201821/06/201929/08/2019DutchPDF

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.

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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

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FIDEC0832.200.513Represented by Frank DECEUNINCK
DirectorManager2019 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/10/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
FIDEC
2017201820192020202120222023202420252026
KERN DEVELOPMENT
Brabantstraat 38, 8800 Roeselaere
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Brabantstraat 38, 8800 RoeselaereCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00472186

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
KERN DEVELOPMENTCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00472186

Events

  1. 2025
    Annual accounts 2025-109,3 k €↓
  2. 2024
    Annual accounts 2024-84,8 k €↑
  3. 2023
    Annual accounts 2023-102,3 k €↑
  4. 2022
    Annual accounts 2022-108,3 k €↓
  5. 2021
    Annual accounts 2021102,9 k €↑
  6. 2020
    Annual accounts 2020-100,6 k €↑
  7. 2019
    Annual accounts 2019-608,3 k €↓
  8. 2018
    Annual accounts 20181,2 k €
  9. 27/10/2017
    IncorporationPrivate limited company