Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KERKAERD from Kalmthout, company number BE0416431688, closed financial year 2025 with a result of € -1,465 after tax. For that financial year KERKAERD recorded a gross margin of € -1,447 and equity of € -243,168. Compared with financial year 2024, the result moved from € 46,105 to € -1,465. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 11, 2026.
€ -243,168
▼ € 1,465 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,465
▼ still € 46,105 profit in 2024
Profit after tax over the fiscal year.
€ 36,792
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -398,168.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 931
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,147 | € 1,268 | € 46,399 | € -1,447 | ▼ € 47,847 |
| Profit after taxes | € -2,348 | € 1,047 | € 46,105 | € -1,465 | ▼ € 47,571 |
| Equity | € -288,854 | € -287,808 | € -241,702 | € -243,168 | ▼ € 1,465 |
| Total debts | € 455,122 | € 455,901 | € 340,745 | € 335,583 | ▼ 2% |
| Cash | € 5,900 | € 7,917 | € 43,567 | € 36,792 | ▼ 16% |
| Retained profit | € -443,854 | € -442,808 | € -396,702 | € -398,168 | |
| Balance sheet total | € 166,267 | € 168,093 | € 99,043 | € 92,416 | ▼ 7% |
Key figures of KERKAERD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to KERKAERD?
What happened at KERKAERD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,465 (▼ € 47,571 vs 2024). Source: NBB ↗
- Daniel Buschman became a director. NBB
- New establishment in Kalmthout. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,348 loss in 2022 to € 1,465 loss in 2025.
Best year ever: 2024, with € 46,105 profit.
Management
Behind KERKAERD is Daniel Buschman. Daniel Buschman is also behind GROUP B, HEIDEGROND and HEIDEBOUW.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Missiehuislei (Heide) 31
2920 Kalmthout
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
- 0416.431.688
- VAT number
- BE 0416.431.688
- Registered office
- Missiehuislei (Heide) 31, 2920 Kalmthout
- Names & denominations
- KERKAERD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 1976
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Activiteiten van bouwarchitecten
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Algemene bouw van residentiële gebouwen