Financials
Financial year 2025
KEULEERS & CO from Bonheiden, company number BE0403602350, closed financial year 2025 with a result of € 628,298 after tax. For that financial year KEULEERS & CO recorded a gross margin of € 3 million and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 789,018 to € 628,298. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 3.5 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 628,298
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 662,805
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.4 million.
People and assets in 2025
30.7
▲ 4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 11% vs 2024
€ 57,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 251,394
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 165,244
▼ 41% vs 2024
€ 87,201 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.2 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 171,022
▲ 74% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,124,985 | € 3,019,119 | € 2,684,662 | € 2,996,453 | ▲ 12% |
| Profit after taxes | € 982,357 | € 923,235 | € 789,018 | € 628,298 | ▼ 20% |
| Equity | € 1,454,630 | € 2,217,865 | € 2,846,884 | € 3,475,182 | ▲ 22% |
| Total debts | € 1,728,225 | € 1,640,424 | € 1,675,344 | € 1,522,900 | ▼ 9% |
| Cash | € 1,745,296 | € 1,915,397 | € 608,875 | € 662,805 | ▲ 9% |
| Land & buildings | - | - | € 159,157 | € 222,197 | ▲ 40% |
| Retained profit | € 1,373,030 | € 2,136,265 | € 2,765,284 | € 3,393,582 | ▲ 23% |
| Dividend | € 160,000 | € 160,000 | € 160,000 | € 0 | ▼ 100% |
| Bank debt | € 141,997 | € 331,216 | € 279,161 | € 165,244 | ▼ 41% |
| Balance sheet total | € 3,384,833 | € 4,020,578 | € 4,534,420 | € 4,998,082 | ▲ 10% |
| Employees (FTE) | 32.3 | 28.6 | 26.7 | 30.7 | ▲ 4 |
Key figures of KEULEERS & CO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to KEULEERS & CO?
What happened at KEULEERS & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Eanco BV stepped down as director. NBB
- Celipal BV stepped down as director. NBB
- Dimanco BV stepped down as director. NBB
- Palethil BV stepped down as director. NBB
- Karel De Boeck stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 628,298 (▼ 20% vs 2024). Source: NBB ↗
- Eanco BV became a director. NBB
- Celipal BV became a director. NBB
In short
From € 982,357 profit in 2022 to € 628,298 profit in 2025.
Paid € 969,472 in corporate taxes since 2022.
Best year ever: 2022, with € 982,357 profit.
On average € 97,600 of value added per employee in 2025.
Management
The stake of PALETHIL, CELIPAL, ACACIA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KEULEERS & COThe shares are held by PALETHIL (40%), CELIPAL (15%) and ACACIA (10%).
Directors
According to the 2025 annual accounts
Managing director · represented by Herman Keuleers
since 2025 · until 2031
Karel De Boeck
Director
since 2021 · until 2027
Managing director · represented by Erik Keuleers
since 2025 · until 2031
Managing director · represented by Dirk Keuleers
since 2025 · until 2031
Managing director · represented by Jeroen Keuleers
since 2025 · until 2031
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Berlaarbaan 100A
2820 Bonheiden
Berlaarbaan 100 A
2820 Bonheiden
Active since 1 October 1950
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.602.350
- VAT number
- BE 0403.602.350
- Registered office
- Berlaarbaan 100A, 2820 Bonheiden
- Names & denominations
- KEULEERS & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Vervaardiging van houten emballage
Zagen en schaven van hout
Groothandel in hout
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Gespecialiseerde detailhandel in vaste en vloeibare brandstoffen