ACTIVE

KETEL SERVICE

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Financial year 2025 · closed on 31/12/2025
Net result
24 k €
+7814.6% YoY
Gross margin
95,2 k €
+65.7% YoY
Equity
137,8 k €
+30.2% YoY

What does KETEL SERVICE do?

KETEL SERVICE is a Private limited company incorporated in 2011. Its main activity is: Repair of fabricated metal products. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0837.565.009
Incorporation
15/06/2011
Legal form
Private limited company
Registered office
De Keyserlei 60C box 1301
2018 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
33110Repair of fabricated metal products· main33110Repair of fabricated metal products43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation43212Electrical installation43212Electrical installation+2
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin95,2 k €57,4 k €95 k €54,5 k €97,2 k €38,7 k €12,8 k €-13,7 k €10 k €28,3 k €11,3 k €––
EBITDA24,6 k €7 k €43,3 k €13,2 k €52,2 k €36,8 k €12,4 k €-26,4 k €8,1 k €27,4 k €9,8 k €––
Operating result23 k €5,6 k €42,6 k €8,7 k €50,7 k €35,3 k €9,6 k €-30,4 k €-1 k €18,2 k €9,8 k €––
Net result24 k €-311,3 €21,8 k €75,6 €49,6 k €27,5 k €9,4 k €-16,8 k €6,3 k €8,6 k €4,1 k €––
Balance sheet
Equity137,8 k €105,8 k €106,2 k €94,3 k €94,2 k €52,7 k €25,2 k €3,3 k €20,1 k €18,9 k €10,3 k €12,4 k €12,4 k €
Total assets155,2 k €141,8 k €143,6 k €131,3 k €123 k €89,7 k €53,2 k €47,4 k €161,8 k €163,9 k €130,1 k €12,4 k €12,4 k €
Cash82,3 k €67,2 k €77,1 k €11,1 k €71,3 k €67 k €38,6 k €2,4 k €–14,4 k €22 k €––
Debts16,3 k €36 k €37,4 k €36,9 k €28,8 k €37 k €28,1 k €44 k €141,7 k €145 k €118,3 k €––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

Mohamed Bouhannouch

Director · since 04 juin 2019

Active

Ended mandates

Sharad Patel

Manager · since 18 juillet 2014

Ended
NILESH MAHENDRAKUMAR MEHTA

Manager · since 11 juin 2014

Ended
Sharad Patel

Manager · since 11 juin 2014

Ended
KERUL BARATHKUMAR SHAH

Manager

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date27/07/202613/07/202527/07/202423/08/202331/08/202231/08/2021
General meeting28/06/202614/06/202528/06/202420/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/06/202627/07/2026DutchPDF
Micro model31/12/202414/06/202513/07/2025DutchPDF
Micro model31/12/202328/06/202427/07/2024DutchPDF
Micro model31/12/202220/06/202323/08/2023DutchPDF
Micro model31/12/202103/06/202231/08/2022DutchPDF
Micro model31/12/202004/06/202131/08/2021DutchPDF
Micro model31/12/201907/09/202031/12/2020DutchPDF
Micro model31/12/201820/06/201924/07/2019DutchPDF
Micro model31/12/201720/06/201827/09/2018DutchPDF
Micro model31/12/201620/06/201726/07/2017DutchPDF
Abridged model31/12/201520/06/201606/07/2016DutchPDF
Abridged model31/12/201420/06/201513/07/2015DutchPDF
Abridged model31/12/201320/05/201427/05/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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

Mohamed Bouhannouch

Director · since 04 juin 2019

Active

Ended mandates

Sharad Patel

Manager · since 18 juillet 2014

Ended
NILESH MAHENDRAKUMAR MEHTA

Manager · since 11 juin 2014

Ended
Sharad Patel

Manager · since 11 juin 2014

Ended
KERUL BARATHKUMAR SHAH

Manager

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office06/09/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office09/04/2024
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/06/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2014
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other15/07/2011
    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

Timeline

  1. 2025
    Annual accounts 202524 k €↑
  2. 2024
    Annual accounts 2024-311,3 €↓
  3. 2023
    Annual accounts 202321,8 k €↑
  4. 2022
    Annual accounts 202275,6 €↓
  5. 2021
    Annual accounts 202149,6 k €↑
  6. 2020
    Annual accounts 202027,5 k €↑
  7. 2019
    Annual accounts 20199,4 k €↑
  8. 2018
    Annual accounts 2018-16,8 k €↓
  9. 2018
    Name changeKetel Service
  10. 2017
    Annual accounts 20176,3 k €↓
  11. 2016
    Annual accounts 20168,6 k €↑
  12. 2015
    Annual accounts 20154,1 k €
  13. 2014
    Annual accounts 2014
  14. 2014
    Name changeNILKANTH RECYCLING
  15. 2013
    Annual accounts 2013
  16. 2013
    Name changeDIAM-SQUA
  17. 15/06/2011
    IncorporationPrivate limited company