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 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FRANK KESTELYN from Kruisem, company number BE0426135747, closed financial year 2025 with a result of € 188 after tax. For that financial year FRANK KESTELYN recorded a gross margin of € 42,524 and equity of € 728,273. Compared with financial year 2024, the result moved from € -4,173 to € 188. 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 15, 2026.
€ 728,273
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 188
▲ still € 4,173 loss in 2024
Profit after tax over the fiscal year.
€ 48,331
▼ 26% 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 € 709,723.
People and assets in 2025
€ 1,048
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 332,873
▼ 10% vs 2024
€ 41,100 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 9,560
▲ € 8,790 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,533
▲ 129% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 37,445 | € 50,644 | € 44,284 | € 42,524 | ▼ 4% |
| Profit after taxes | € -2,934 | € 69 | € -4,173 | € 188 | ▲ € 4,360 |
| Equity | € 732,189 | € 732,258 | € 728,085 | € 728,273 | |
| Total debts | € 377,133 | € 580,263 | € 528,697 | € 507,759 | ▼ 4% |
| Cash | € 523,473 | € 86,856 | € 65,393 | € 48,331 | ▼ 26% |
| Land & buildings | € 543,999 | € 1,208,007 | € 1,181,255 | € 1,165,211 | ▼ 1% |
| Retained profit | € 713,639 | € 713,708 | € 709,535 | € 709,723 | |
| Dividend | € 65,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 187,676 | € 405,663 | € 369,606 | € 332,873 | ▼ 10% |
| Balance sheet total | € 1,109,322 | € 1,312,520 | € 1,256,782 | € 1,236,031 | ▼ 2% |
Key figures of FRANK 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 FRANK KESTELYN?
What happened at FRANK 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 € 188. Source: NBB ↗
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,934 loss in 2022 to € 188 profit in 2025.
Paid € 6,151 in corporate taxes since 2022.
Best year ever: 2025, with € 188 profit.
Paid out € 65,000 in dividends to the owners in total.
Management
The stake of JOKELINE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FRANK KESTELYNBehind FRANK KESTELYN are Nadine Vermeulen and Frank Kesteleyn. The shares are held by JOKELINE (100%).
Establishments
Establishment units
Physical locations of this company
Huisepontweg (WAN) 24
9772 Kruisem
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
- 0426.135.747
- VAT number
- BE 0426.135.747
- Registered office
- Huisepontweg (WAN) 24, 9772 Kruisem
- Names & denominations
- FRANK KESTELYN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 1984
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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