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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KISTEMANN Pascal from Baelen, company number BE0673871371, closed financial year 2025 with a result of € 4,892 after tax. For that financial year KISTEMANN Pascal recorded a gross margin of € 128,270 and equity of € -64,964. Compared with financial year 2024, the result moved from € -30,405 to € 4,892. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2026.
€ -64,964
▲ € 4,892 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,892
▲ still € 30,405 loss in 2024
Profit after tax over the fiscal year.
€ 13,821
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -84,964.
People and assets in 2025
€ 106,591
▲ 9% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 533
▼ 90% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 95,249
▼ 18% vs 2024
Loans from banks and other lenders, long and short.
€ 22,822
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,845
▼ 65% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 286,157 | € 9,838 | € 104,350 | € 128,270 | ▲ 23% |
| Profit after taxes | € 71,211 | € -166,849 | € -30,405 | € 4,892 | ▲ € 35,297 |
| Equity | € 127,397 | € -39,452 | € -69,857 | € -64,964 | ▲ € 4,892 |
| Total debts | € 384,445 | € 328,621 | € 189,147 | € 140,802 | ▼ 26% |
| Cash | € 50,450 | € 25,159 | € 30,052 | € 13,821 | ▼ 54% |
| Land & buildings | € 166,563 | € 150,313 | - | - | |
| Retained profit | € 107,397 | € -59,452 | € -89,857 | € -84,964 | ▲ € 4,892 |
| Dividend | € 2,450 | € 0 | € 0 | € 0 | |
| Bank debt | € 285,488 | € 253,642 | € 115,740 | € 95,249 | ▼ 18% |
| Balance sheet total | € 511,842 | € 289,170 | € 119,291 | € 75,838 | ▼ 36% |
Key figures of KISTEMANN Pascal, 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 KISTEMANN Pascal?
What happened at KISTEMANN Pascal in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,892. filed late Source: NBB ↗
- Kevin MERTENS became a director. NBB
- New establishment in Welkenraedt. KBO
- Start of the company according to the CBE. KBO
- Pascal KISTEMANN became a director. NBB
In short
From € 71,211 profit in 2022 to € 4,892 profit in 2025.
Paid € 25,418 in corporate taxes since 2022.
Best year ever: 2022, with € 71,211 profit.
Paid out € 2,450 in dividends to the owners in total.
Management
Behind KISTEMANN Pascal are Kevin MERTENS and Pascal KISTEMANN. Pascal KISTEMANN is also behind KL.IMMO.
Directors
According to the 2025 annual accounts
Kevin MERTENS
Director
since 2020
since 2017
Establishments
Establishment units
Physical locations of this company
Heggen(BLN) 62
4837 Baelen
Rue de l'Artisanat 2
4840 Welkenraedt
Active since 4 April 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0673.871.371
- VAT number
- BE 0673.871.371
- Registered office
- Heggen(BLN) 62, 4837 Baelen
- Names & denominations
- KISTEMANN Pascal · KISTEMANN P
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2017
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Metselwerk
Algemene bouw van residentiële gebouwen
Uitvoeren van metsel- en voegwerken
Bouw van bruggen en tunnels
Landschapsverzorging
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Bouw van autowegen en andere wegen