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 29 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
VALKELAERE from Heist-op-den-Berg, company number BE0479265023, closed financial year 2026 with a result of € 1.8 million after tax. For that financial year VALKELAERE recorded a gross margin of € 3.8 million and equity of € 9.3 million. Compared with financial year 2024, the result moved from € 504,399 to € 1.8 million. 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 September 30, 2026.
€ 9.3 million
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▲ 253% vs 2024
Profit after tax over the fiscal year.
€ 2.1 million
▲ € 1.7 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 7.8 million.
People and assets in 2026
2.7
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 237,133
▲ 110% vs 2024
€ 87,800 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.
€ 32,917
▲ 250% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 4.3 million
▲ 36% vs 2024
€ 248,437 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 21,698
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 257,588
▲ € 226,388 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2026 | Change 2024 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 2,424,229 | € 1,054,554 | € 1,252,524 | € 3,805,943 | ▲ 204% |
| Profit after taxes | € 1,327,574 | € 305,467 | € 504,399 | € 1,778,574 | ▲ 253% |
| Equity | € 6,740,935 | € 7,046,402 | € 7,550,801 | € 9,329,375 | ▲ 24% |
| Total debts | € 7,482,061 | € 10,947,592 | € 9,782,685 | € 13,607,355 | ▲ 39% |
| Cash | € 38,963 | € 25,282 | € 332,220 | € 2,076,232 | ▲ € 1.7 million |
| Land & buildings | € 13,368,461 | € 16,230,219 | € 16,193,411 | € 19,881,792 | ▲ 23% |
| Retained profit | € 5,173,935 | € 5,479,402 | € 5,983,801 | € 7,762,375 | ▲ 30% |
| Bank debt | € 3,529,534 | € 3,338,821 | € 3,166,969 | € 4,311,261 | ▲ 36% |
| Balance sheet total | € 14,867,802 | € 18,621,835 | € 17,944,362 | € 23,393,129 | ▲ 30% |
| Employees (FTE) | 1.6 | 2 | 2.3 | 2.7 | ▲ 0.4 |
Key figures of VALKELAERE, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 28 September 2027.
What happened to VALKELAERE?
What happened at VALKELAERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 1.8 million (▲ 253% vs 2024). filed late Source: NBB ↗
- New establishment in Heist-op-den-Berg. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2022 to € 1.8 million profit in 2026.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2026, with € 1.8 million profit.
On average € 1.4 million of value added per employee in 2026.
Management
Behind VALKELAERE are ANDRE VAN KELST and CHRISTOPHE VAN KELST. It owns 51% of NV Valkelaere Tienen itself.
Directors
According to the 2026 annual accounts
ANDRE VAN KELST
Director
Also active at: SCHRIEKS VERHUUR BEDRIJF, Valkelaere Tienen, NACHTEGAEL, AC INVEST
CHRISTOPHE VAN KELST
Director
Establishments
Establishment units
Physical locations of this company
Schriekstraat 120
2223 Heist-op-den-Berg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0479.265.023
- VAT number
- BE 0479.265.023
- Registered office
- Schriekstraat 120, 2223 Heist-op-den-Berg
- Names & denominations
- VALKELAERE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2003
- Peppol
- Active · Active since 16 Jul 2025
- Activities · NACE
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