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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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Kalmthal from Kalmthout, company number BE0419957639, closed financial year 2025 with a result of € 12,295 after tax. For that financial year Kalmthal recorded a gross margin of € 168,821 and equity of € 90,735. Compared with financial year 2024, the result moved from € 1,846 to € 12,295. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ 90,735
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,295
▲ € 10,449 vs 2024
Profit after tax over the fiscal year.
€ 114,737
▲ 30% 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 € 28,735.
People and assets in 2025
2.6
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 57,280
▼ 8% vs 2024
€ 22,000 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.
€ 10,102
▲ € 7,670 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 324,863
▲ 40% vs 2024
€ 13,188 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 50,683
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,868
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 156,902 | € 110,402 | € 127,522 | € 168,821 | ▲ 32% |
| Profit after taxes | € 24,019 | € 1,161 | € 1,846 | € 12,295 | ▲ € 10,449 |
| Equity | € 415,432 | € 76,594 | € 78,440 | € 90,735 | ▲ 16% |
| Total debts | € 403,700 | € 528,368 | € 509,937 | € 501,933 | ▼ 2% |
| Cash | € 138,128 | € 80,059 | € 87,939 | € 114,737 | ▲ 30% |
| Land & buildings | € 512,755 | € 512,445 | € 491,551 | € 452,167 | ▼ 8% |
| Retained profit | € 353,432 | € 14,594 | € 16,440 | € 28,735 | ▲ 75% |
| Dividend | € 16,000 | € 340,000 | € 0 | € 0 | |
| Bank debt | € 225,481 | € 233,587 | € 231,365 | € 324,863 | ▲ 40% |
| Balance sheet total | € 819,133 | € 604,962 | € 588,376 | € 592,667 | ▲ 1% |
| Employees (FTE) | - | - | 2 | 2.6 | ▲ 0.6 |
Key figures of Kalmthal, 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 Kalmthal?
What happened at Kalmthal in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jens Heyndrickx stepped down as director. NBB
- Tockheyn Beheer BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 12,295 (▲ € 10,449 vs 2024). filed late Source: NBB ↗
- Jens Heyndrickx became a director. NBB
- Tockheyn Beheer BV became a director. NBB
- New establishment in Kalmthout. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,019 profit in 2022 to € 12,295 profit in 2025.
Paid € 5,964 in corporate taxes since 2022.
Best year ever: 2022, with € 24,019 profit.
On average € 64,900 of value added per employee in 2025.
Management
The stake of TOCKHEYN BEHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KalmthalThe shares are held by TOCKHEYN BEHEER (100%).
Directors
According to the 2025 annual accounts
Jens Heyndrickx
Managing director
since 2023 · until 2029
Managing director · represented by Gerhardus Tock
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brasschaatsteenweg (C) 304
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
- 0419.957.639
- VAT number
- BE 0419.957.639
- Registered office
- Brasschaatsteenweg (C) 304, 2920 Kalmthout
- Names & denominations
- Kalmthal
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 1979
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Exploitatie van sportaccommodaties
Beheer en exploitatie van sportcentra