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 19 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3.8 to 2.8.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
De Keyzer Immo from Menen, company number BE0662627883, closed financial year 2025 with a result of € 255,572 after tax. For that financial year De Keyzer Immo recorded revenue of € 1.7 million and equity of € 4.3 million. Compared with financial year 2024, the result moved from € 486,699 to € 255,572. 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 9, 2026.
€ 4.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 255,572
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 174,153
▲ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 178,200 paid out
70 % of the profit went to the shareholders, mostly to De Keyzer Beheer (62 % of the shares). That is where the money ends up.
People and assets in 2025
2.8
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 178,560
▼ 25% vs 2024
€ 63,800 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.
€ 84,985
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.3 million
▼ 6% vs 2024
€ 643,689 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 384,314
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 214 days on average.
€ 37,802
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,547,745 | € 1,647,490 | € 1,403,482 | € 1,732,925 | ▲ 23% |
| Profit after taxes | € 468,305 | € 220,251 | € 486,699 | € 255,572 | ▼ 47% |
| Equity | € 3,912,168 | € 3,954,219 | € 4,262,718 | € 4,340,090 | ▲ 2% |
| Total debts | € 6,335,426 | € 5,958,868 | € 5,625,296 | € 4,655,583 | ▼ 17% |
| Cash | € 178,158 | € 194,951 | € 88,795 | € 174,153 | ▲ 96% |
| Land & buildings | € 4,735,932 | € 4,585,205 | € 4,453,148 | € 4,300,364 | ▼ 3% |
| Retained profit | € 1,786,303 | € 1,828,354 | € 2,136,853 | € 2,214,225 | ▲ 4% |
| Dividend | € 178,200 | € 178,200 | € 178,200 | € 178,200 | |
| Bank debt | € 4,339,297 | € 3,948,820 | € 3,488,453 | € 3,294,583 | ▼ 6% |
| Balance sheet total | € 10,307,893 | € 9,973,387 | € 9,948,313 | € 9,055,972 | ▼ 9% |
| Employees (FTE) | 3 | 3.8 | 3.5 | 2.8 | ▼ 0.7 |
Key figures of De Keyzer Immo, 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 Keyzer Immo?
What happened at De Keyzer Immo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 255,572 (▼ 47% vs 2024). Source: NBB ↗
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 468,305 profit in 2022 to € 255,572 profit in 2025.
Paid € 305,810 in corporate taxes since 2022.
Best year ever: 2024, with € 486,699 profit.
Paid out € 712,800 in dividends to the owners in total.
Management
The stake of De Keyzer Beheer, BDK Holding, KDK Holding, HDK Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
De Keyzer ImmoBehind De Keyzer Immo are BDK HOLDING BV, HDK HOLDING BV and KDK HOLDING BV. The shares are held by De Keyzer Beheer (62.1%), BDK Holding (12.6%), KDK Holding (12.6%) and HDK Holding (12.6%). It owns 100% of De Keyzer Invest and 100% of Wilo1 itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Bart De Keyzer
Also active at: De Keyzer Invest, De Keyzer, De Keyzer Projects, Wilo1
Managing director · represented by Hans De Keyzer
Also active at: De Keyzer Invest, De Keyzer, De Keyzer Projects, Wilo1
Managing director · represented by Koen De Keyzer
Also active at: De Keyzer Invest, De Keyzer, De Keyzer Projects, Wilo1
Shareholders
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Industrielaan 55
8930 Menen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →De Keyzer Invest same network
€ 205,008 gross margin · 2025
Group De Keyzer
€ 2 million gross margin · 2025
De Keyzer same network
€ 1.5 million gross margin · 2025
De Keyzer Projects same network
€ 61,831 gross margin · 2025
HDK Holding same network
€ 14,259 gross margin · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0662.627.883
- VAT number
- BE 0662.627.883
- Registered office
- Industrielaan 55, 8930 Menen
- Names & denominations
- De Keyzer Immo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 2016
- Peppol
- Active · Active since 18 Mar 2026
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Overige gespecialiseerde bouwactiviteiten, neg
Diverse administratieve activiteiten ten behoeve van kantoren
Overige gespecialiseerde bouwwerkzaamheden