Financials
Financial year 2025
KESTELYN from Oudenaarde, company number BE0411509533, closed financial year 2025 with a result of € 2.1 million after tax. For that financial year KESTELYN recorded a gross margin of € 3 million and equity of € 8.7 million. Compared with financial year 2024, the result moved from € 1.9 million to € 2.1 million. Profitable, and profit is growing. 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 2, 2026.
€ 8.7 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 3.6 million
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
95 % of the profit went to the shareholders, mostly to ALKES INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 194,215
▼ 9% vs 2024
€ 97,100 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.
€ 36,757
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 146,810
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,990
▼ 49% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,669,436 | € 2,692,866 | € 2,822,048 | € 2,972,574 | ▲ 5% |
| Profit after taxes | € 1,085,597 | € 1,870,098 | € 1,947,705 | € 2,102,913 | ▲ 8% |
| Equity | € 5,260,853 | € 6,630,951 | € 8,578,656 | € 8,681,569 | ▲ 1% |
| Total debts | € 1,124,754 | € 1,957,867 | € 563,084 | € 224,411 | ▼ 60% |
| Cash | € 1,466,358 | € 1,714,713 | € 6,092,433 | € 3,583,748 | ▼ 41% |
| Land & buildings | € 527,745 | € 546,462 | € 539,890 | € 533,960 | ▼ 1% |
| Retained profit | € 5,170,853 | € 6,540,951 | € 8,488,656 | € 8,591,569 | ▲ 1% |
| Dividend | € 250,000 | € 500,000 | € 0 | € 2,000,000 | |
| Balance sheet total | € 6,385,606 | € 8,588,817 | € 9,141,740 | € 8,905,979 | ▼ 3% |
| Employees (FTE) | 2.9 | 2 | 2 | 2 |
Key figures of KESTELYN, 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 KESTELYN?
What happened at KESTELYN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.1 million (▲ 8% vs 2024). Source: NBB ↗
- Greet Kestelyn became a director. NBB
- Nora Plasschaert became a director. NBB
- Albert Kestelyn became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 2.1 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.1 million profit.
On average € 1.5 million of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ALKES INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KESTELYNBehind KESTELYN are Greet Kestelyn, Nora Plasschaert and Albert Kestelyn. The shares are held by ALKES INVEST (99.7%).
Directors
According to the 2025 annual accounts
Greet Kestelyn
Managing director
since 2022
Nora Plasschaert
Director
since 2022
since 2022
Shareholders
99.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Meersbloem-Leupegem 22
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0411.509.533
- VAT number
- BE 0411.509.533
- Registered office
- Meersbloem-Leupegem 22, 9700 Oudenaarde
- Names & denominations
- KESTELYN · EKO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 1971
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
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