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
KERAT from Wervik, company number BE0455459540, closed financial year 2025 with a result of € 10,806 after tax. For that financial year KERAT recorded a gross margin of € 12,413 and equity of € 202,121. Compared with financial year 2024, the result moved from € 37,095 to € 10,806. 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 July 15, 2026.
€ 202,121
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,806
▼ 71% vs 2024
Profit after tax over the fiscal year.
€ 49,570
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 830 paid out
8 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 5,707
▲ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 163
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,537
▼ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,286 | € 12,771 | € 64,884 | € 12,413 | ▼ 81% |
| Profit after taxes | € 2,638 | € 1,729 | € 37,095 | € 10,806 | ▼ 71% |
| Equity | € 160,951 | € 161,880 | € 192,145 | € 202,121 | ▲ 5% |
| Total debts | € 192,803 | € 203,598 | € 239,283 | € 245,058 | ▲ 2% |
| Cash | € 3,866 | € 27,132 | € 64,372 | € 49,570 | ▼ 23% |
| Land & buildings | € 2,865 | € 2,148 | € 1,432 | € 716 | ▼ 50% |
| Retained profit | € 30,951 | € 31,880 | € 62,145 | € 72,121 | ▲ 16% |
| Dividend | € 800 | € 800 | € 6,830 | € 830 | ▼ 88% |
| Balance sheet total | € 353,754 | € 365,478 | € 431,427 | € 447,179 | ▲ 4% |
Key figures of KERAT, 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 KERAT?
What happened at KERAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,806 (▼ 71% vs 2024). Source: NBB ↗
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,638 profit in 2022 to € 10,806 profit in 2025.
Paid € 16,568 in corporate taxes since 2022.
Best year ever: 2024, with € 37,095 profit.
Paid out € 9,260 in dividends to the owners in total.
Management
Behind KERAT is Frederik CNOCKAERT.
Directors
According to the 2025 annual accounts
Frederik CNOCKAERT
Director
Establishments
Establishment units
Physical locations of this company
Hoogweg 42
8940 Wervik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.459.540
- VAT number
- BE 0455.459.540
- Registered office
- Hoogweg 42, 8940 Wervik
- Names & denominations
- KERAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1995
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
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