KAVAK
Dissolution or liquidationSignals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 30-08-2018, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
Financials · fiscal year 2017, micro schema
Equity
€16,531▲ 59.3%
2016 · €10,379
Total assets
€133,071▲ 151%
2016 · €52,927
Net result
€6,152▲ 277%
2016 · €1,631
Working capital
-€24,803
2016 · €10,379
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201520162017
Operating result€3,472-€2,170▼ 37.5%€8,038▲ 270%
Net result€2,548-€1,631▼ 36.0%€6,152▲ 277%
Equity€8,748-€10,379▲ 18.6%€16,531▲ 59.3%
Total assets€71,507-€52,927▼ 26.0%€133,071▲ 151%
Debt€62,759-€42,548▼ 32.2%€116,540▲ 174%
Working capital€8,748-€10,379▲ 18.6%-€24,803
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2017; 2017 is 270% above 2016 and is the highest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €133,071
Fixed assets
€41,334
Current assets
€91,737
Equity and liabilities €133,071
Equity
€16,531 ▲ 59.3%
Debt
€116,540 ▲ 174%
Debt's share of the balance-sheet total rises from 80.4% to 87.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.79▼
2016 · 1.24
Quick ratio
0.73▼
2016 · 1.10
ROE
37.2%▲
2016 · 15.7%
ROA
4.6%▲
2016 · 3.1%
Debt ≤ 1 year
€116,540▲
2016 · €42,548
Income taxes
€2,023▲
2016 · €495
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | €3,472 | €2,170 | €9,162 | ▲ 322% |
| Operating profit (loss)9901 | €3,472 | €2,170 | €8,038 | ▲ 270% |
| Recurring financial income75 | €1 | - | €365 | - |
| Recurring financial charges65 | €76 | €44 | €229 | ▲ 424% |
| Profit (loss) for the period before taxes9903 | €3,397 | €2,126 | €8,174 | ▲ 284% |
| Income taxes67/77 | €848 | €495 | €2,023 | ▲ 308% |
| Profit (loss) for the period9904 | €2,548 | €1,631 | €6,152 | ▲ 277% |
| Profit (loss) for the period to be appropriated9905 | €2,548 | €1,631 | €6,152 | ▲ 277% |
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €71,507 | €52,927 | €133,071 | ▲ 151% |
| Fixed assets21/28 | - | - | €41,334 | - |
| Tangible fixed assets22/27 | - | - | €41,334 | - |
| Current assets29/58 | €71,507 | €52,927 | €91,737 | ▲ 73.3% |
| Stocks and contracts in progress3 | €3,300 | €6,095 | €6,095 | = |
| Amounts receivable within one year40/41 | €31,190 | €36,282 | €77,253 | ▲ 113% |
| Cash at bank and in hand54/58 | €37,018 | €350 | €8,389 | ▲ 2,300% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €71,507 | €52,927 | €133,071 | ▲ 151% |
| Equity10/15 | €8,748 | €10,379 | €16,531 | ▲ 59.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €688 | €2,319 | €8,471 | ▲ 265% |
| Amounts payable17/49 | €62,759 | €42,548 | €116,540 | ▲ 174% |
| Amounts payable within one year42/48 | €62,759 | €42,548 | €116,540 | ▲ 174% |
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,548 | €1,631 | €6,152 | ▲ 277% |
| Operating cash flow (approximation) | €2,548 | €1,631 | €6,152 | ▲ 277% |
| Change in cash | - | -€36,668 | €8,040 | ▲ 122% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
01-04
KBO administration
Late accounts filing
event 19-03-2025
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-12
Financial
Highest result since 2015net €6,152 ▲277%
Operating result €8,038, net result €6,152, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
31-12
Financial
Weakest financial yearnet €1,631 ▼36%
Net result drops to €1,631, the lowest in the series.
22-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 53 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lanaken
Ground area
1,119 m²
Building footprint
82 m²
Volume, LiDAR
565 m³
Parcel 73322A0420/00Z000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73322A0420/00Z000 | Flanders | 1,119 m² | 1 · 82 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded02-10-2014
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.