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KAVAI

Active Private limited companyfounded 2010active for 16 yearsRectorijstraat 4, 3470 KortenakenKBO/BCE: BE 0830.089.178 #10 company by equity in Kortenaken, Construction sector

Lifetime

15 annual accounts with figures on one time axis
peak €394,829 (2024)
€355,315▼ 10.0%
peak €229,510 (2021)
€147,708▲ 12.0%
peak €590,218 (2025)
€590,218▲ 33.1%
€130,905▼ 35.0%
Board2 names since 2010
2 directors and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Dividend €833Equity from €443,343 to €590,218Debts from €201,419 to €130,905Cash from €57,988 to €239,683

Key points

from the 2025 annual accounts

Equity

€590,218 ▲ 33.1%

KAVAI has made a profit in every financial year since 2011.

Liquidity

8.97 was 4.42 in 2024

Short-term debts fell from €117,063 to €69,393.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

The last five annual accounts were filed 8 to 38 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as KAVAI has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,811 companies, not a prediction for KAVAI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 08-10-2010
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0830089178
1 director appointed, 1 manager resigning, 1 reappointment Resignation: (manager) · Reappointment: (director) · Appointment: (director) · General meeting of 27-11-2023 · Gazette deed
Incorporation published on 12-10-2010 · Gazette deed
First establishment Rectorijstraat 4, Kortenaken
All 24 events

Comparable companies

same main activity, similar in size and age
Company
KAVAI Kortenaken €721,123 €355,315 81.8% -
1000 OHM Opwijk €668,132 €322,142 18.6% -
HAP ELEKTRO Torhout €709,064 €329,849 28.3% 4
ALASKA Software Antwerp €686,750 €402,485 31.9% -
BERRENTEC Beringen €665,229 €367,732 41.6% -
VDB ELEKTROTECH Sint-Katelijne-Waver €721,221 €342,485 41.5% -
BADA Villers-le-Bouillet €739,132 €366,750 1.7% 6

These companies have the same main activity as KAVAI: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €665,000 and €739,000, founded between 2009 and 2013.

Official details

Source: KBO
Status
Active since 08-10-2010Normal situation
Activity
General electrical installation workNACE 43211and 4 others
Establishment unit
2.192.590.3743470 Kortenaken, since 08-10-2010
Financial year end
31 December
Peppol
Reachable since 06-08-2025
Company details

Annual accounts 2025

≈ €780,000estimated
€721,123▲ 11.8%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on KAVAI

KAVAI files the micro format. That format states no turnover. The gross margin rose from €156,170 in 2011 to €355,315 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KAVAI

What is the company number of KAVAI?
The company number of KAVAI is 0830.089.178. The VAT number is the same number with BE in front: BE 0830.089.178.
Where is KAVAI based?
The registered office is at Rectorijstraat 4, 3470 Kortenaken.Company details
What does KAVAI do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of KAVAI?
KAVAI is a private limited company (BV).
When was KAVAI founded?
KAVAI was founded on 08-10-2010.
Is KAVAI still active?
Yes, KAVAI is an active enterprise in the KBO register.
What is the turnover of KAVAI?
The turnover in financial year 2025 is ≈ €780,000. This figure is estimated from the gross margin of €355,315 and 35 comparable companies (NACE 43211). It probably lies between €680,000 and €970,000.Financials
Is KAVAI profitable?
In financial year 2025, KAVAI made a profit of €147,708.
Where can I find the annual accounts of KAVAI?
KAVAI filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KAVAI due?
KAVAI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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