ACTIVE

Bureau d'Assurance Michel KELLENS

Financial year 2025 · Closed on 31/12/2025

Net result84,7 k €+17,9 %over 1 year
Gross margin142,9 k €+10,2 %over 1 year
Equity553 k €+18,1 %over 1 year

Identity

Source · BCE/KBO

Bureau d'Assurance Michel KELLENS is a Private limited company incorporated in 2004. Its registered office is in Beyne-Heusay.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0870.830.366
Incorporation
27/12/2004
Legal form
Private limited company
Registered office
Rue de l'Arbois 25
4610 Beyne-Heusay · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 307
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin142,9 k €129,7 k €120,6 k €100 k €106,7 k €
EBITDA140,3 k €126,8 k €116,2 k €97,2 k €104,5 k €
Operating result112,4 k €102,6 k €80,7 k €64,8 k €74,7 k €
Net result84,7 k €71,9 k €53,8 k €46,2 k €48,2 k €
Balance sheet
Equity553 k €468,2 k €396,3 k €342,5 k €409,3 k €
Total assets659,1 k €601,3 k €573,8 k €577,7 k €546,2 k €
Cash59,2 k €26,7 k €5,1 k €38,2 k €138,3 k €
Debts106 k €131,2 k €177,4 k €235,1 k €136,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Michel Louis KELLENS

Director · since 19 juin 2023

Active

Ended mandates

Michel KELLENS

Manager · since 21 décembre 2004

Ended
Michel Louis KELLENS

Director · since 21 décembre 2004

Ended
Michel Louis KELLENS

Manager · since 21 décembre 2004

Ended

Full financial information

Source · NBB
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 date30/07/202627/08/202530/07/202411/08/202331/08/202227/08/2021
General meeting30/06/202630/06/202530/06/202416/06/202317/06/202218/06/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202630/07/2026FrenchPDF
Micro model31/12/202430/06/202527/08/2025FrenchPDF
Micro model31/12/202330/06/202430/07/2024FrenchPDF
Micro model31/12/202216/06/202311/08/2023FrenchPDF
Micro model31/12/202117/06/202231/08/2022FrenchPDF
Micro model31/12/202018/06/202127/08/2021FrenchPDF
Micro model31/12/201930/06/202028/07/2020FrenchPDF
Micro model31/12/201823/06/201923/07/2019FrenchPDF
Micro model31/12/201715/06/201816/08/2018FrenchPDF
Micro model31/12/201616/06/201716/08/2017FrenchPDF
Abridged modelCorrection31/12/201517/01/201713/02/2017FrenchPDF
Abridged model31/12/201517/06/201631/08/2016FrenchPDF
Abridged model31/12/201419/06/201528/08/2015FrenchPDF
Abridged model31/12/201320/06/201417/09/2014FrenchPDF
Abridged model31/12/201221/06/201330/08/2013FrenchPDF
Abridged model31/12/201115/06/201231/08/2012FrenchPDF
Abridged model31/12/201017/06/201130/08/2011FrenchPDF
Abridged model31/12/200918/06/201030/08/2010FrenchPDF
Abridged model31/12/200819/06/200913/08/2009FrenchPDF
Abridged model31/12/200720/06/200809/08/2008FrenchPDF
Abridged model31/12/200615/06/200731/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

1 active · 3 ended

Active mandates

Michel Louis KELLENS

Director · since 19 juin 2023

Active

Ended mandates

Michel KELLENS

Manager · since 21 décembre 2004

Ended
Michel Louis KELLENS

Director · since 21 décembre 2004

Ended
Michel Louis KELLENS

Manager · since 21 décembre 2004

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other14/07/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Capital / shares24/04/2019
    CAPITAL, ACTIONS
    PDF
  • Other11/05/2015
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares24/01/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office27/09/2011
    SIEGE SOCIAL
    PDF
  • Other11/03/2010
    OBJET
    PDF
  • Other26/04/2006
    DIVERS
    PDF
  • Other07/01/2005
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202584,7 k €↑
  2. 2024
    Annual accounts 202471,9 k €↑
  3. 2023
    Annual accounts 202353,8 k €↑
  4. 2022
    Annual accounts 202246,2 k €↓
  5. 2021
    Annual accounts 202148,2 k €↑
  6. 2020
    Annual accounts 202046,3 k €↓
  7. 2019
    Annual accounts 201948,3 k €↓
  8. 2018
    Annual accounts 201853,3 k €↓
  9. 2017
    Annual accounts 201757,2 k €↑
  10. 2016
    Annual accounts 201640,2 k €↓
  11. 2015
    Annual accounts 201553,1 k €↓
  12. 2014
    Annual accounts 201468,2 k €↑
  13. 2013
    Annual accounts 201348,9 k €↑
  14. 2012
    Annual accounts 201227,3 k €↑
  15. 2011
    Annual accounts 201127,2 k €↑
  16. 2010
    Annual accounts 2010-150 €↓
  17. 2009
    Annual accounts 200940,5 k €↑
  18. 2008
    Annual accounts 200817,2 k €↑
  19. 2007
    Annual accounts 20074,9 k €↓
  20. 2006
    Annual accounts 200626,1 k €
  21. 27/12/2004
    IncorporationPrivate limited company