ACTIVE

Kristalpark III

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Financial year 2025 · Closed on 31/12/2025

Net result5,8 M €+35,9 %over 1 year
Revenue10,3 M €+60,1 %over 1 year
Equity29 M €+25,2 %over 1 year

Identity

Source · BCE/KBO

Kristalpark III is a Public limited company incorporated in 2011. Its main activity is: Buying and selling of own real estate. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0838.432.861
Incorporation
09/08/2011
Legal form
Public limited company
Registered office
Kempische steenweg 311 box 4.01
3500 Hasselt · FlandreSee on map
Contributed capital
12 000 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue10,3 M €6,4 M €580,6 k €12,4 M €6 M €
EBITDA6,8 M €4 M €-740,6 k €7 M €3,9 M €
Operating result7,7 M €5,2 M €804,1 k €4,3 M €2,5 M €
Net result5,8 M €4,3 M €652,2 k €2,2 M €1,7 M €
Balance sheet
Equity29 M €23,2 M €18,9 M €18,2 M €16 M €
Total assets30,5 M €26,5 M €25,7 M €38 M €33,7 M €
Cash3,5 M €0 €472,8 k €–4 M €
Debts961,5 k €2 M €4,3 M €15,7 M €16,2 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 20 ended

Active mandates

Sofie Mertens

Director · since 19 juin 2025 · until 04 mai 2029

Active
Bob Nijs

Director · since 06 mars 2025 · until 04 mai 2029

Active
Johan Bosmans

Director · since 06 mars 2025 · until 19 juin 2025

Active
LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Chairman of the board of directors · since 05 mai 2023 · until 04 mai 2029 · 0452.138.972

Represented by TOM VANHAM

Active
LRM Beheer

Director · since 05 mai 2023 · until 04 mai 2029 · 0440.550.442

Represented by Sarina Wolfs (vanaf 01/09/2025)

Active

Ended mandates

Johan Bosmans

Director · since 06 mars 2025 · until 04 mai 2029

Ended
Bob Nijs

Director · since 07 mars 2019 · until 07 mars 2025

Ended
Johan Bosmans

Director · since 07 mars 2019 · until 07 mars 2025

Ended
LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Chairman of the board of directors · since 05 mai 2017 · until 05 mai 2023 · 0452.138.972

Represented by TOM VANHAM

Ended

Other companies at this address

Kempische steenweg 311 3500 Hasselt
CompanyCBE no.
ARGUENDO● Active
0681.748.266
ARGUENDO BXL● Active
1034.211.030
be-DIVE● Active
0507.608.819
be-MINE● Active
0821.540.807
be-MINE Mijnbelevingscentrum● Active
0786.218.454
BLUECIE● Active
0634.969.126
CAMPUS NOORD● Active
1025.147.468
C. Corda● Active
0559.919.236
CORDA CAMPUS 2.0● Active
0547.573.611
Elision● Active
0884.167.272
Fenego● Active
0809.511.718
FLOATING PV● Active
0715.622.349
FORWARD Services● Active
0673.543.848
HOUTPARK● Active
0842.301.874
H.W.P.● Active
0451.555.190
IMMO SCHURHOVEN● Active
0641.964.509
JEFREVAL● Active
0821.786.671
KRISTAL SOLAR PARK● Active
0698.661.108
LIMBURGSE RECONVERSIE MAATSCHAPPIJ● Active
0452.138.972
LRM Beheer● Active
0440.550.442

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date03/06/202620/05/202524/05/202425/05/202331/05/202227/05/2021
General meeting04/05/202602/05/202503/05/202405/05/202306/05/202207/05/2021
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/05/202603/06/2026DutchPDF
Full model31/12/202402/05/202520/05/2025DutchPDF
Full model31/12/202303/05/202424/05/2024DutchPDF
Full model31/12/202205/05/202325/05/2023DutchPDF
Full model31/12/202106/05/202231/05/2022DutchPDF
Full model31/12/202007/05/202127/05/2021DutchPDF
Full model31/12/201904/05/202025/05/2020DutchPDF
Full model31/12/201803/05/201924/05/2019DutchPDF
Full model31/12/201704/05/201828/05/2018DutchPDF
Full model31/12/201605/05/201718/05/2017DutchPDF
Full model31/12/201506/05/201627/05/2016DutchPDF
Full model31/12/201404/05/201526/05/2015DutchPDF
Full model31/12/201302/05/201416/05/2014DutchPDF
Full model31/12/201203/05/201323/05/2013DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 20 ended

Active mandates

Sofie Mertens

Director · since 19 juin 2025 · until 04 mai 2029

Active
Bob Nijs

Director · since 06 mars 2025 · until 04 mai 2029

Active
Johan Bosmans

Director · since 06 mars 2025 · until 19 juin 2025

Active
LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Chairman of the board of directors · since 05 mai 2023 · until 04 mai 2029 · 0452.138.972

Represented by TOM VANHAM

Active
LRM Beheer

Director · since 05 mai 2023 · until 04 mai 2029 · 0440.550.442

Represented by Sarina Wolfs (vanaf 01/09/2025)

Active

Ended mandates

Johan Bosmans

Director · since 06 mars 2025 · until 04 mai 2029

Ended
Bob Nijs

Director · since 07 mars 2019 · until 07 mars 2025

Ended
Johan Bosmans

Director · since 07 mars 2019 · until 07 mars 2025

Ended
LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Chairman of the board of directors · since 05 mai 2017 · until 05 mai 2023 · 0452.138.972

Represented by TOM VANHAM

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates14/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

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 20255,8 M €↑
  2. 2024
    Annual accounts 20244,3 M €↑
  3. 2023
    Annual accounts 2023652,2 k €↓
  4. 2022
    Annual accounts 20222,2 M €↑
  5. 2021
    Annual accounts 20211,7 M €↓
  6. 2020
    Annual accounts 20202,4 M €↑
  7. 2019
    Annual accounts 20191,3 M €↑
  8. 2018
    Annual accounts 2018-134,6 k €↑
  9. 2017
    Annual accounts 2017-287,7 k €↑
  10. 2016
    Annual accounts 2016-345,7 k €↑
  11. 2015
    Annual accounts 2015-355,2 k €↓
  12. 2014
    Annual accounts 2014629,4 k €↑
  13. 2013
    Annual accounts 2013-351,7 k €↑
  14. 2012
    Annual accounts 2012-550,3 k €
  15. 09/08/2011
    IncorporationPublic limited company