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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
De Kerselaar from Overijse, company number BE0422076494, closed financial year 2025 with a result of € 474,017 after tax. For that financial year De Kerselaar recorded revenue of € 1.1 million and equity of € 9.2 million. Compared with financial year 2024, the result moved from € 629,797 to € 474,017. 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 5, 2026.
€ 9.2 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 474,017
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
66.2
▲ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5 million
▲ 8% vs 2024
€ 76,300 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.
€ 10,442
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.6 million
▼ 7% vs 2024
€ 344,981 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 63,940
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.
€ 816,205
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 839,664 | € 975,070 | € 1,085,435 | € 1,053,302 | ▼ 3% |
| Profit after taxes | € 451,310 | € 426,469 | € 629,797 | € 474,017 | ▼ 25% |
| Equity | € 8,013,636 | € 8,310,363 | € 8,813,141 | € 9,162,882 | ▲ 4% |
| Total debts | € 6,406,618 | € 6,369,113 | € 5,711,375 | € 5,790,625 | ▲ 1% |
| Cash | € 659,644 | € 764,878 | € 975,341 | € 1,787,709 | ▲ 83% |
| Land & buildings | € 2,837,312 | € 11,202,939 | € 10,971,634 | € 10,543,064 | ▼ 4% |
| Retained profit | € 5,714,008 | € 6,140,477 | € 6,770,274 | € 7,244,291 | ▲ 7% |
| Bank debt | € 5,534,971 | € 5,215,047 | € 4,889,306 | € 4,557,310 | ▼ 7% |
| Balance sheet total | € 14,420,254 | € 14,679,476 | € 14,524,516 | € 14,953,507 | ▲ 3% |
| Employees (FTE) | 60.3 | 61.5 | 64.3 | 66.2 | ▲ 1.9 |
Key figures of De Kerselaar, 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 De Kerselaar?
What happened at De Kerselaar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rens Vanderkelen stepped down as director. NBB
- Erik Stas stepped down as director. NBB
- Ruben Peeters stepped down as director. NBB
- Gaetan Muyldermans stepped down as director. NBB
- Miranda Cornet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 474,017 (▼ 25% vs 2024). Source: NBB ↗
- Aad Brinkhof stepped down as director. NBB
- Daniel Deuvaert stepped down as director. NBB
In short
From € 451,310 profit in 2022 to € 474,017 profit in 2025.
Best year ever: 2024, with € 629,797 profit.
Pays suppliers within 27 days on average.
Management
Behind De Kerselaar are Monique Muyldermans, Marcel Roeykens and Albert Timmermans. Monique Muyldermans is also behind AMCO.
Directors
According to the 2025 annual accounts
since 2024
Marcel Roeykens
Director
since 2024
Albert Timmermans
Chairman of the board
since 2024
Rens Vanderkelen
Director
since 2025 · until 2029
Aad Brinkhof
Director
since 2022 · until 2026
Miranda Cornet
Director
since 2023 · until 2027
Daniel Deuvaert
Director
since 2022 · until 2026
Erik Stas
Director
since 2025 · until 2029
since 2025 · until 2029
Etienne Smets
Director
since 2022 · until 2026
Gaetan Muyldermans
Director
since 2025 · until 2029
Elie Pay
Director
since 2022 · until 2026
Establishments
Establishment units
Physical locations of this company
Drogenberg 90
3090 Overijse
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
- 0422.076.494
- VAT number
- BE 0422.076.494
- Registered office
- Drogenberg 90, 3090 Overijse
- Names & denominations
- De Kerselaar
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 15 May 1981
- Peppol
- Not registered
- Activities · NACE
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