Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KESTERBERG from Merelbeke-Melle, company number BE0884500240, closed financial year 2025 with a result of € -352,898 after tax. For that financial year KESTERBERG recorded a gross margin of € 617,557 and equity of € -167,041. Compared with financial year 2024, the result moved from € -405,696 to € -352,898. The company made a loss. 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 June 23, 2026.
€ -167,041
▼ € 352,898 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -352,898
▲ 13 % less loss than in 2024
Profit after tax over the fiscal year.
€ 112,301
▲ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.2 million.
Debts at end 2025
€ 15.2 million
€ 583,752 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 39,461
Supplier invoices still open on the last day of the fiscal year.
€ 9,199
▼ 59% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 750,046 | € 719,633 | € 649,301 | € 617,557 | ▼ 5% |
| Profit after taxes | € -114,213 | € -291,292 | € -405,696 | € -352,898 | ▲ € 52,798 |
| Equity | € 882,844 | € 591,552 | € 185,857 | € -167,041 | ▼ € 352,898 |
| Total debts | € 15,497,607 | € 15,631,246 | € 15,516,612 | € 15,535,009 | |
| Cash | € 10,856 | € 137,099 | € 59,943 | € 112,301 | ▲ 87% |
| Land & buildings | € 9,240,861 | € 8,895,742 | € 8,550,622 | € 8,206,449 | ▼ 4% |
| Retained profit | € -2,492,256 | € -2,665,453 | € -2,953,054 | € -3,187,857 | ▼ € 234,803 |
| Bank debt | € 15,261,401 | € 15,301,097 | € 15,149,646 | € 15,150,281 | |
| Balance sheet total | € 16,380,452 | € 16,222,799 | € 15,702,469 | € 15,367,968 | ▼ 2% |
Key figures of KESTERBERG, 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 KESTERBERG?
What happened at KESTERBERG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Aldea Group NV stepped down as director. NBB
- Grulois Sophie stepped down as director. NBB
- DR. IR. U. VANDEURZEN MANAGEMENT FIRM NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 352,898. Source: NBB ↗
- Aldea Group NV became a director. NBB
- Grulois Sophie became a director. NBB
- DR. IR. U. VANDEURZEN MANAGEMENT FIRM NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 114,213 loss in 2022 to € 352,898 loss in 2025.
A new publication or filing at KESTERBERG? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of CURALEASE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KESTERBERGThe shares are held by CURALEASE (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jean-Luc Desemet
Also active at: DEMSONAR, TER POELE BELVEDERE, MODEVA, Home Claire, DECOTIM, FALYNN, ALDEA CONSTRUCT, CURALEASE +6 more
since 2025 · until 2031
since 2025 · until 2031
DR. IR. U. VANDEURZEN MANAGEMENT FIRM NV
Director · represented by Vandeurzen Bert
Also active at: DI LEGNO INTERIORS, DLI Invest, Fund+, ALDEA CONSTRUCT, miDiagnostics, HARMONEY, Smile Invest, Smile Invest Management Company +5 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Guldensporenpark 117A
9820 Merelbeke-Melle
Guldensporenpark 117 box A
9820 Merelbeke
Active since 18 October 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Simec
€ -88 gross margin · 2025
IMMO DESIMPEL
€ 73,517 gross margin · 2025
DEMSONAR same network
€ 291,677 gross margin · 2025
Euro Crossroads Business Park
€ -15,095 gross margin · 2025
EUROBUILD
€ -12,188 gross margin · 2025
+3 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
- 0884.500.240
- VAT number
- BE 0884.500.240
- Registered office
- Guldensporenpark 117A, 9820 Merelbeke-Melle
- Names & denominations
- KESTERBERG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 October 2006
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van terreinen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis