ACTIVE

KALAPA

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Financial year 2025 · closed on 31/12/2025

Net result

-21 k €

-185.1% YoY

Gross margin

1,2 k €

-97.3% YoY

Equity

10 M €

+2574.3% YoY

What does KALAPA do?

KALAPA is a Private limited company incorporated in 2005. Its main activity is: Activities of holding companies. Its registered office is in Koksijde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.246.566

Incorporation

03/03/2005

Legal form

Private limited company

Registered office

Langeleedstraat(Odk) 1
8670 Koksijde · FlandreSee on map

Contributed capital

737 860,21 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 k €	-97.3%	44,1 k €	-66.0%	129,5 k €	+14.2%	113,4 k €	+99.3%	56,9 k €	-69.5%	186,7 k €	+164%	70,7 k €	+59.6%	44,3 k €	+24.2%	35,6 k €	-11.0%	40 k €	+8.1%	37,1 k €	-52.6%	78,3 k €	-6.6%	83,8 k €	+0.0%	83,8 k €	+22.7%	68,3 k €	-15.1%	80,5 k €	+6.0%	75,9 k €	-10.6%	84,9 k €
EBITDA	-160,9 €	-100%	40 k €	-68.4%	126,4 k €	+13.3%	111,5 k €	+102%	55,1 k €	-70.2%	184,8 k €	+168%	68,9 k €	+59.8%	43,1 k €	+25.2%	34,4 k €	-10.2%	38,3 k €	+7.7%	35,6 k €	-39.2%	58,5 k €	-16.1%	69,8 k €	-15.6%	82,7 k €	+23.2%	67,1 k €	-15.9%	79,9 k €	+5.9%	75,4 k €	-10.6%	84,3 k €
Operating result	-24,3 k €	-252%	16 k €	-86.0%	114,4 k €	+9.9%	104,1 k €	+451%	18,9 k €	-86.9%	143,7 k €	+375%	30,3 k €	+16.7%	25,9 k €	+51.3%	17,1 k €	+17.6%	14,6 k €	-17.7%	17,7 k €	-51.6%	36,5 k €	+1.4%	36,1 k €	-14.7%	42,3 k €	-11.2%	47,6 k €	-21.4%	60,5 k €	-14.2%	70,6 k €	-14.2%	82,2 k €
Net result	-21 k €	-185%	24,7 k €	-71.6%	86,9 k €	+15.2%	75,5 k €	+1454%	4,9 k €	-95.1%	98,3 k €	+643%	13,2 k €	+36.9%	9,7 k €	+279%	2,6 k €	+1999%	121,5 €	-96.4%	3,4 k €	-77.8%	15,2 k €	+6.3%	14,3 k €	-54.9%	31,7 k €	-17.7%	38,5 k €	-17.1%	46,4 k €	+3.1%	45 k €	-22.8%	58,3 k €
Balance sheet
Equity	10 M €	+2574%	375,7 k €	+7.0%	351 k €	+32.9%	264 k €	+40.0%	188,6 k €	+18.3%	159,4 k €	-50.5%	322 k €	+4.3%	308,8 k €	+3.2%	299,1 k €	+0.9%	296,6 k €	+0.0%	296,5 k €	-8.2%	323,1 k €	+4.1%	310,3 k €	+4.0%	298,3 k €	+11.9%	266,6 k €	+15.6%	230,5 k €	+23.6%	186,5 k €	+29.6%	143,9 k €
Total assets	10,1 M €	+113%	4,7 M €	+1097%	395,4 k €	-3.5%	409,9 k €	-28.6%	574,2 k €	-24.8%	763,7 k €	+19.7%	638,2 k €	+1.1%	631,1 k €	-0.6%	634,7 k €	+0.6%	631,1 k €	-0.8%	636,3 k €	-5.4%	673 k €	-5.5%	712 k €	+1.8%	699,4 k €	+95.6%	357,5 k €	+4.5%	342,1 k €	+17.0%	292,3 k €	+68.7%	173,3 k €
Cash	22,5 k €	-75.7%	92,6 k €	-52.3%	194,3 k €	-31.2%	282,2 k €	+72.9%	163,2 k €	+1147%	13,1 k €	-67.0%	39,7 k €	+231%	12 k €	-92.5%	160,3 k €	+7.0%	149,8 k €	+274%	40 k €	-51.0%	81,7 k €	+175%	29,7 k €	-43.6%	52,6 k €	+135%	22,4 k €	+93.8%	11,5 k €	-30.1%	16,5 k €	-46.0%	30,6 k €
Debts	13,1 k €	-99.7%	4,4 M €	+10373%	41,6 k €	-70.1%	139,4 k €	-63.1%	377,6 k €	-36.2%	591,9 k €	+92.5%	307,5 k €	-1.9%	313,6 k €	-3.9%	326,4 k €	+1.3%	322,1 k €	-1.6%	327,5 k €	-2.3%	335,4 k €	-13.1%	386,1 k €	-3.1%	398,3 k €	+340%	90,4 k €	-12.7%	103,6 k €	-1.5%	105,2 k €	+277%	27,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		0,2 ETP	0.0%	0,2 ETP		–		–		–		–		–

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 · 2 active · 6 ended

Active mandates

Katrien CARRON

Manager · since 22 août 2018

Active

Piet Rommelaere

Manager · since 24 février 2005

Active

Ended mandates

Katrien Carron

Manager · since 14 décembre 2023

Ended

Piet Rommelaere

Manager · since 14 décembre 2023

Ended

Carron Katrien

Director · since 22 août 2018

Ended

Piet Rommelaere

Director · since 24 février 2005

Ended

At this address

Other companies at this address

Company	CBE no.
CAN JUAN● Active	0779.247.916
FLAICO● Active	0820.470.738
MARELEC INVEST● Active	0451.084.939
Piet & Nicolas BM● Active	1017.606.808
PRO INVESTMENT● Active	0644.814.230

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/07/2026	12/07/2025	15/07/2024	31/07/2023	22/06/2022	30/07/2021
General meeting	24/06/2026	30/06/2025	30/06/2024	30/06/2023	20/06/2022	15/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	24/06/2026	02/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	12/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	15/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Micro model	31/12/2021	20/06/2022	22/06/2022	Dutch	PDF
Micro model	31/12/2020	15/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	27/05/2020	27/05/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	23/07/2019	Dutch	PDF
Abridged model	31/12/2017	21/06/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	06/06/2016	Dutch	PDF
Abridged model	31/12/2014	16/06/2015	21/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	12/08/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/08/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	18/07/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	24/06/2010	26/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	25/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	28/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	31/05/2007	Dutch	PDF

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 · 2 active · 6 ended

Active mandates

Katrien CARRON

Manager · since 22 août 2018

Active

Piet Rommelaere

Manager · since 24 février 2005

Active

Ended mandates

Katrien Carron

Manager · since 14 décembre 2023

Ended

Piet Rommelaere

Manager · since 14 décembre 2023

Ended

Carron Katrien

Director · since 22 août 2018

Ended

Piet Rommelaere

Director · since 24 février 2005

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring23/04/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring13/02/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other03/04/2024
DOEL
PDF
Mandates02/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/12/2018
KAPITAAL - AANDELEN
PDF
Mandates18/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/11/2015
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares03/01/2014
KAPITAAL - AANDELEN
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

2025
Annual accounts 2025-21 k €↓
2024
Annual accounts 202424,7 k €↓
2023
Annual accounts 202386,9 k €↑
2022
Annual accounts 202275,5 k €↑
2021
Annual accounts 20214,9 k €↓
2018
Annual accounts 201898,3 k €↑
2017
Annual accounts 201713,2 k €↑
2016
Annual accounts 20169,7 k €↑
2015
Annual accounts 20152,6 k €↑
2014
Annual accounts 2014121,5 €↓
2013
Annual accounts 20133,4 k €↓
2012
Annual accounts 201215,2 k €↑
2011
Annual accounts 201114,3 k €↓
2010
Annual accounts 201031,7 k €↓
2009
Annual accounts 200938,5 k €↓
2008
Annual accounts 200846,4 k €↑
2007
Annual accounts 200745 k €↓
2006
Annual accounts 200658,3 k €
03/03/2005
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KALAPA

Overview

What does KALAPA do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline