Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE KEGEL from Middelkerke, company number BE0457828914, closed financial year 2025 with a result of € -10,057 after tax. For that financial year DE KEGEL recorded a gross margin of € 550,607 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 121,466 to € -10,057. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 9, 2026.
€ 1.1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,057
▼ still € 121,466 profit in 2024
Profit after tax over the fiscal year.
€ 58,754
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 872,194.
People and assets in 2025
€ 177,905
▼ 5% vs 2024
Of which on lease € 13,016.
Debts at end 2025
€ 4 million
▲ 67% vs 2024
€ 453,292 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 184,304
▲ € 158,994 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,250
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 594,152 | € 589,106 | € 592,642 | € 550,607 | ▼ 7% |
| Profit after taxes | € 158,246 | € 192,765 | € 121,466 | € -10,057 | ▼ € 131,523 |
| Equity | € 822,570 | € 1,013,735 | € 1,133,501 | € 1,122,194 | ▼ 1% |
| Total debts | € 2,514,961 | € 2,094,561 | € 2,964,573 | € 4,764,168 | ▲ 61% |
| Cash | € 225,417 | € 113,687 | € 134,508 | € 58,754 | ▼ 56% |
| Land & buildings | € 2,803,176 | € 2,715,749 | € 3,410,972 | € 4,218,061 | ▲ 24% |
| Retained profit | € 572,570 | € 763,735 | € 883,501 | € 872,194 | ▼ 1% |
| Dividend | € 1,600 | € 1,600 | € 1,700 | € 1,250 | ▼ 26% |
| Bank debt | € 1,942,918 | € 1,510,085 | € 2,389,392 | € 3,997,415 | ▲ 67% |
| Balance sheet total | € 3,415,136 | € 3,178,708 | € 4,161,293 | € 5,942,388 | ▲ 43% |
Key figures of DE KEGEL, 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 KEGEL?
What happened at DE KEGEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,057 (▼ € 131,523 vs 2024). Source: NBB ↗
- Jeffy BOUDAER became a director. NBB
- Danny BOUDAER became a director. NBB
- Linda MERTENS became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 158,246 profit in 2022 to € 10,057 loss in 2025.
Paid € 124,231 in corporate taxes since 2022.
Best year ever: 2023, with € 192,765 profit.
Paid out € 6,150 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind DE KEGEL are Jeffy BOUDAER, Linda MERTENS and Danny BOUDAER.
Directors
According to the 2025 annual accounts
Jeffy BOUDAER
Director
since 2023
Linda MERTENS
Director
since 2018
Danny BOUDAER
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Westendelaan 98
8430 Middelkerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.828.914
- VAT number
- BE 0457.828.914
- Registered office
- Westendelaan 98, 8430 Middelkerke
- Names & denominations
- DE KEGEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 1996
- Peppol
- Active · Active since 25 Oct 2025
- Activities · NACE
Exploitatie van sportaccommodaties
Exploitatie van overige sportinstallaties en -accomodaties
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Kantines
Overige eetgelegenheden