Financials
Financial year 2025
Keal Group from Tongeren-Borgloon, company number BE0723621780, closed financial year 2025 with a result of € 59,639 after tax. For that financial year Keal Group recorded a gross margin of € 354,819 and equity of € 224,035. Compared with financial year 2024, the result moved from € 51,894 to € 59,639. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 224,035
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,639
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 127,482
▲ 101% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 16,606 paid out
28 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 170,103
▲ 4% 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.
€ 72
▼ 84% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 485,264
▼ 7% vs 2024
€ 44,924 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 11,934
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,168
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 213,157 | € 308,943 | € 330,729 | € 354,819 | ▲ 7% |
| Profit after taxes | € 15,442 | € 70,959 | € 51,894 | € 59,639 | ▲ 15% |
| Equity | € 74,482 | € 145,441 | € 181,003 | € 224,035 | ▲ 24% |
| Total debts | € 670,144 | € 701,598 | € 657,799 | € 633,527 | ▼ 4% |
| Cash | € 95,763 | € 39,165 | € 63,311 | € 127,482 | ▲ 101% |
| Land & buildings | € 597,329 | € 756,757 | € 736,772 | € 696,550 | ▼ 5% |
| Retained profit | € 68,282 | € 139,241 | € 174,803 | € 217,835 | ▲ 25% |
| Dividend | € 0 | € 0 | € 16,333 | € 16,606 | ▲ 2% |
| Bank debt | € 573,734 | € 562,461 | € 521,562 | € 485,264 | ▼ 7% |
| Balance sheet total | € 744,626 | € 847,039 | € 838,802 | € 857,562 | ▲ 2% |
Key figures of Keal Group, 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 Keal Group?
What happened at Keal Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 59,639 (▲ 15% vs 2024). Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,442 profit in 2022 to € 59,639 profit in 2025.
Paid € 85,763 in corporate taxes since 2022.
Best year ever: 2023, with € 70,959 profit.
Paid out € 32,939 in dividends to the owners in total.
Management
Behind Keal Group is Kenneth Joery Noelmans.
Directors
According to the 2025 annual accounts
Kenneth Joery Noelmans
Director
Establishments
Establishment units
Physical locations of this company
Maastrichterstraat 14
3700 Tongeren-Borgloon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0723.621.780
- VAT number
- BE 0723.621.780
- Registered office
- Maastrichterstraat 14, 3700 Tongeren-Borgloon
- Names & denominations
- Keal Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 2019
- Peppol
- Active · Active since 11 Sept 2025
- Activities · NACE
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