ACTIVE

KEVAREL

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Financial year 2025 · Closed on 30/09/2025

Net result
3,9 M €
-1,1 %over 1 year
Gross margin
1,6 M €
-6,2 %over 1 year
Equity
25,3 M €
+18,1 %over 1 year

Identity

Source · BCE/KBO

KEVAREL is a Private limited company incorporated in 2011. Its main activity is: Management consultancy activities. Its registered office is in Wielsbeke.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0841.917.933
Incorporation
13/12/2011
Legal form
Private limited company
Registered office
Parkstraat 3
8710 Wielsbeke · FlandreSee on map
Contributed capital
3 845 000,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 13 financial years

20252024202320222021
Income statement
Gross margin1,6 M €1,7 M €1,9 M €2 M €2,1 M €
EBITDA1,6 M €1,7 M €1,9 M €2 M €2,1 M €
Operating result1,6 M €1,7 M €1,9 M €2 M €2,1 M €
Net result3,9 M €3,9 M €4,9 M €2,2 M €1,4 M €
Balance sheet
Equity25,3 M €21,4 M €17,5 M €12,8 M €10,8 M €
Total assets25,6 M €21,7 M €19 M €14,1 M €13,1 M €
Cash2,1 M €806,1 k €956,8 k €1,9 M €1,5 M €
Debts331,2 k €262,4 k €1,5 M €1,3 M €2,3 M €
Other
Workforce–0,0 ETP0,0 ETP––

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 30/09/2025

2 active · 2 ended

Active mandates

Bernard VANDAELE

Director

Active
Martine KERCKHOF

Director

Active

Ended mandates

Bernard VANDAELE

Manager

Ended
Martine KERCKHOF

Manager

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/03/202614/03/202516/02/202420/04/202308/03/202211/05/2021
General meeting09/03/202610/03/202516/02/202419/04/202307/03/202210/05/2021
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
Abridged model30/09/202509/03/202611/03/2026DutchPDF
Abridged model30/09/202410/03/202514/03/2025DutchPDF
Abridged model30/09/202316/02/202416/02/2024DutchPDF
Abridged model30/09/202219/04/202320/04/2023DutchPDF
Abridged model30/09/202107/03/202208/03/2022DutchPDF
Abridged modelCorrection30/09/202010/05/202111/05/2021DutchPDF
Abridged model30/09/202011/03/202112/03/2021DutchPDF
Abridged model30/09/201907/12/201920/12/2019DutchPDF
Abridged model30/09/201809/03/201911/03/2019DutchPDF
Abridged model30/09/201710/03/201812/03/2018DutchPDF
Abridged model30/09/201611/03/201714/03/2017DutchPDF
Abridged model30/09/201512/03/201601/04/2016DutchPDF
Abridged model30/09/201414/03/201520/04/2015DutchPDF
Abridged model30/09/201308/03/201428/03/2014DutchPDF

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 30/09/2025

2 active · 2 ended

Active mandates

Bernard VANDAELE

Director

Active
Martine KERCKHOF

Director

Active

Ended mandates

Bernard VANDAELE

Manager

Ended
Martine KERCKHOF

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring16/11/2020
    DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates21/09/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring22/07/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares25/04/2013
    KAPITAAL - AANDELEN
    PDF
  • Other28/12/2011
    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

  1. 2025
    Annual accounts 20253,9 M €↓
  2. 2024
    Annual accounts 20243,9 M €↓
  3. 2023
    Annual accounts 20234,9 M €↑
  4. 2022
    Annual accounts 20222,2 M €↑
  5. 2021
    Annual accounts 20211,4 M €↑
  6. 2020
    Annual accounts 2020215,8 k €↓
  7. 2019
    Annual accounts 20194,2 M €↑
  8. 2018
    Annual accounts 2018387,2 k €↑
  9. 2017
    Annual accounts 2017229,3 k €↑
  10. 2016
    Annual accounts 2016191 k €↑
  11. 2015
    Annual accounts 2015178,4 k €↓
  12. 2014
    Annual accounts 2014576 k €↑
  13. 2013
    Annual accounts 2013413,2 k €
  14. 13/12/2011
    IncorporationPrivate limited company