Financials
Financial year 2025
HORLOGERIE SERGE KESTERMANS from Saint-Ghislain, company number BE0416320733, closed financial year 2025 with a result of € 27,720 after tax. For that financial year HORLOGERIE SERGE KESTERMANS recorded a gross margin of € 123,088 and equity of € 377,213. Compared with financial year 2024, the result moved from € 37,778 to € 27,720. 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 June 16, 2026.
€ 377,213
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,720
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 26,895
▲ 271% 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 € 358,621.
People and assets in 2025
€ 59,677
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 21,725
▼ 24% vs 2024
Of which on lease € 21,725.
Debts at end 2025
€ 96,695
▼ 9% vs 2024
€ 5,203 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 7,805
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,030
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 97,596 | € 101,773 | € 128,049 | € 123,088 | ▼ 4% |
| Profit after taxes | € 13,054 | € 16,113 | € 37,778 | € 27,720 | ▼ 27% |
| Equity | € 295,602 | € 311,715 | € 349,493 | € 377,213 | ▲ 8% |
| Total debts | € 182,372 | € 158,018 | € 168,131 | € 153,869 | ▼ 8% |
| Cash | € 21,760 | € 11,308 | € 7,249 | € 26,895 | ▲ 271% |
| Land & buildings | € 15,367 | € 11,925 | € 4,873 | € 2,973 | ▼ 39% |
| Retained profit | € 277,010 | € 293,123 | € 330,901 | € 358,621 | ▲ 8% |
| Bank debt | € 114,727 | € 98,733 | € 105,829 | € 96,695 | ▼ 9% |
| Balance sheet total | € 477,974 | € 469,733 | € 517,624 | € 531,081 | ▲ 3% |
Key figures of HORLOGERIE SERGE KESTERMANS, 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 HORLOGERIE SERGE KESTERMANS?
What happened at HORLOGERIE SERGE KESTERMANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,720 (▼ 27% vs 2024). Source: NBB ↗
- New establishment in Saint-Ghislain. KBO
- Serge René Kestermans became a director. NBB
- New establishment in Saint-Ghislain. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,054 profit in 2022 to € 27,720 profit in 2025.
Paid € 44,476 in corporate taxes since 2022.
Best year ever: 2024, with € 37,778 profit.
Management
Behind HORLOGERIE SERGE KESTERMANS is Serge René Kestermans.
Directors
According to the 2025 annual accounts
Serge René Kestermans
Manager
since 1990
Establishments
Establishment units
Physical locations of this company
Grand'Place(SG) 1
7330 Saint-Ghislain
Grand'Place(SG) 4
7330 Saint-Ghislain
Active since 10 July 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.320.733
- VAT number
- BE 0416.320.733
- Registered office
- Grand'Place(SG) 1, 7330 Saint-Ghislain
- Names & denominations
- HORLOGERIE SERGE KESTERMANS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 1976
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
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