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 47 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 7 to 5.6.
Financials
Financial year 2025
KEROS from Zonnebeke, company number BE0440613788, closed financial year 2025 with a result of € 615,733 after tax. For that financial year KEROS recorded a gross margin of € 1.7 million and equity of € 639,968. Compared with financial year 2024, the result moved from € 790,569 to € 615,733. The company is profitable. The buffer shrank hard: equity is 58 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2025.
€ 639,968
▼ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 615,733
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 479,438
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5.6
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 351,598
▲ 13% vs 2024
€ 62,800 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.
€ 123,320
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 450,000
▼ 81% vs 2024
€ 150,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 129,682
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,824
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,848,096 | € 1,691,999 | € 1,895,957 | € 1,696,099 | ▼ 11% |
| Profit after taxes | € 905,914 | € 758,925 | € 790,569 | € 615,733 | ▼ 22% |
| Equity | € 1,524,190 | € 1,524,235 | € 1,524,235 | € 639,968 | ▼ 58% |
| Total debts | € 3,902,725 | € 4,490,417 | € 3,697,142 | € 4,814,801 | ▲ 30% |
| Cash | € 1,226,673 | € 1,422,824 | € 506,462 | € 479,438 | ▼ 5% |
| Land & buildings | € 2,507,816 | € 2,551,920 | € 2,480,747 | € 2,556,120 | ▲ 3% |
| Retained profit | € 1,227,190 | € 1,227,235 | € 1,227,235 | € 342,968 | ▼ 72% |
| Dividend | € 695,000 | € 758,880 | € 790,569 | € 1,500,000 | ▲ 90% |
| Bank debt | € 2,824,375 | € 3,397,666 | € 2,428,366 | € 450,000 | ▼ 81% |
| Balance sheet total | € 5,426,915 | € 6,014,652 | € 5,221,376 | € 5,454,769 | ▲ 4% |
| Employees (FTE) | 6.6 | 7 | 6.4 | 5.6 | ▼ 0.8 |
Key figures of KEROS, 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 November 2026.
What happened to KEROS?
What happened at KEROS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 615,733 (▼ 22% vs 2024). Source: NBB ↗
- New establishment in Zonnebeke. KBO
- New establishment in Zonnebeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 905,914 profit in 2022 to € 615,733 profit in 2025.
Paid € 954,548 in corporate taxes since 2022.
Best year ever: 2022, with € 905,914 profit.
On average € 302,900 of value added per employee in 2025.
Management
The stake of ALOGO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KEROSBehind KEROS are Rosa Waignein and Alogo BV. The shares are held by ALOGO (99.6%).
Establishments
Establishment units
Physical locations of this company
Westrozebekestraat 23 box A
8980 Zonnebeke
Westrozebekestraat 23 A
8980 Zonnebeke
Active since 20 June 1990
Hoenstraat 7 box a
8980 Zonnebeke
Active since 1 January 2004
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0440.613.788
- VAT number
- BE 0440.613.788
- Registered office
- Westrozebekestraat 23 bus A, 8980 Zonnebeke
- Names & denominations
- KEROS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 1990
- Peppol
- Active · Active since 4 Nov 2025
- Contact
- keros.be
- Activities · NACE
Ondersteunende activiteiten in verband met de veeteelt
Diensten in verband met de veeteelt, exclusief veterinaire dienstverlening
Fokken en houden van schapen en geiten
Schapen-, geiten-, paarden-, ezel-, muildieren- of muilezelhouderij
Landschapsverzorging
Fokken en houden van paarden en andere paardachtigen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken