Financials
Financial year 2024
KERACO from Glabbeek, company number BE0832325425, closed financial year 2024 with a result of € 9,034 after tax. For that financial year KERACO recorded a gross margin of € 19,405 and equity of € 62,734. Compared with financial year 2023, the result moved from € 7,479 to € 9,034. 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 October 13, 2025.
€ 62,734
▲ 17% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,034
▲ 21% vs 2023
Profit after tax over the fiscal year.
€ 15,548
▲ 225% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 44,134.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,334
▼ 16% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 143,225
▼ 8% vs 2023
€ 12,775 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 2,996
▼ 70% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,388
▲ 24% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 39,382 | € 7,351 | € 15,685 | € 19,405 | ▲ 24% |
| Profit after taxes | € 20,223 | € -7,888 | € 7,479 | € 9,034 | ▲ 21% |
| Equity | € 54,109 | € 46,222 | € 53,701 | € 62,734 | ▲ 17% |
| Total debts | € 191,265 | € 178,291 | € 167,737 | € 148,609 | ▼ 11% |
| Cash | € 16,938 | € 15,325 | € 4,780 | € 15,548 | ▲ 225% |
| Land & buildings | € 190,000 | € 190,000 | € 190,000 | € 190,000 | |
| Retained profit | € 35,509 | € 27,622 | € 35,101 | € 44,134 | ▲ 26% |
| Bank debt | € 188,531 | € 175,557 | € 155,774 | € 143,225 | ▼ 8% |
| Balance sheet total | € 245,374 | € 224,512 | € 221,437 | € 211,344 | ▼ 5% |
Key figures of KERACO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KERACO?
What happened at KERACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 9,034 (▲ 21% vs 2023). filed late Source: NBB ↗
- New establishment in Glabbeek. KBO
- Nick CALLEWAERT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 20,223 profit in 2021 to € 9,034 profit in 2024.
Paid € 5,038 in corporate taxes since 2021.
Best year ever: 2021, with € 20,223 profit.
Management
Behind KERACO is Nick CALLEWAERT.
Directors
According to the 2024 annual accounts
Nick CALLEWAERT
Manager
since 2010
Establishments
Establishment units
Physical locations of this company
Tiensesteenweg 232
3380 Glabbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0832.325.425
- VAT number
- BE 0832.325.425
- Registered office
- Tiensesteenweg 232, 3380 Glabbeek
- Names & denominations
- KERACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2010
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Landschapsverzorging
Isolatiewerkzaamheden
Bouwrijp maken van terreinen
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Installatie van isolatie
Plaatsen van vloer- en wandtegels