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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KASTAREL from Aalst, company number BE0888370639, closed financial year 2025 with a result of € 18,773 after tax. For that financial year KASTAREL recorded a gross margin of € 21,001 and equity of € -64,761. Compared with financial year 2024, the result moved from € 20,178 to € 18,773. The company is profitable. 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 March 25, 2026.
€ -64,761
▲ € 18,773 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,773
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 10,609
▼ 25% 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 € -83,361.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 655
▲ 134% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,149
▼ 86% vs 2024
Loans from banks and other lenders, long and short.
€ 564
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 525
▼ 76% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 60,069 | € 66,919 | € 36,855 | € 21,001 | ▼ 43% |
| Profit after taxes | € 14,992 | € 43,721 | € 20,178 | € 18,773 | ▼ 7% |
| Equity | € -147,433 | € -103,712 | € -83,534 | € -64,761 | ▲ € 18,773 |
| Total debts | € 208,358 | € 154,563 | € 119,005 | € 101,807 | ▼ 14% |
| Cash | € 5,277 | € 7,900 | € 14,224 | € 10,609 | ▼ 25% |
| Land & buildings | € 30,298 | € 12,935 | - | - | |
| Retained profit | € -166,033 | € -122,312 | € -102,134 | € -83,361 | ▲ € 18,773 |
| Bank debt | € 102,429 | € 54,944 | € 14,921 | € 2,149 | ▼ 86% |
| Balance sheet total | € 60,925 | € 50,852 | € 35,471 | € 37,046 | ▲ 4% |
Key figures of KASTAREL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to KASTAREL?
What happened at KASTAREL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,773 (▼ 7% vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
- Kathleen Peers became a director. NBB
In short
From € 14,992 profit in 2022 to € 18,773 profit in 2025.
Best year ever: 2023, with € 43,721 profit.
Management
Behind KASTAREL is Kathleen Peers. Kathleen Peers is also behind PEKABEL and FIVE ORANGE ZEBRAS.
Directors
According to the 2025 annual accounts
since 2007
Establishments
Establishment units
Physical locations of this company
Stefaan De Jonghestraat 83
9300 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0888.370.639
- VAT number
- BE 0888.370.639
- Registered office
- Stefaan De Jonghestraat 83, 9300 Aalst
- Names & denominations
- KASTAREL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 2007
- Peppol
- Active · Active since 12 Mar 2026
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