Kelvin Solutions

Active

Private limited company (pre-2019)founded 2015active for 10 yearsKempenlaan 2A, 2300 Turnhout, Belgium28 active companies are registered at this addressKBO/BCE: BE 0643.981.416

Summary

Kelvin Solutions has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €866,896 and a net result of €91,866. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 56% of 2,547 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

Kelvin SolutionsActiveChecked score 95/100

Risk analysis Report Compare

Activity

Engineering and related technical consultancy, excluding land surveyors

NACE 71121

8th largest employer in Turnhout, Professional and technical services sector2 sites

Size

€1.6mtotal assets 2025

Staff: 13.2 FTE
Equity: €866,896
Profit: €91,866

Turnover not published (abbreviated or micro format)

Financial health

95 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

2025 accounts 23 days early5 deeds in the Belgian Official Gazette

Why 95lowers riskLiquidity: current ratio 2.39, cash €703,650Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €866,896 (52.6% of total assets)Profit of €91,866 (financial year 2025)Show the evidence

Checked score

Score 2025

95 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 59% of its sector peers (NACE 71, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 78-2

equity 52.6% of total assets

Liquidity 86-6

short-term debt 32.0% · cash 42.7%

Profitability 76-1

return on assets 5.6%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (689 companies, NACE 71, small)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 0.1%▼ -0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025 02-2026: < 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €80,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.39, compared with 3.22 in 2024, above the usual 1.5; short-term debt: 32% and cash: 42.7% of total assets), and 47.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, small): better than 63% on solvency, 94% on liquidity, 61% on profitability and 17% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Liquidity: current ratio 2.39, cash €703,650

NBB · annual accounts

Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)

KBO

Equity €866,896 (52.6% of total assets)

NBB · annual accounts

Profit of €91,866 (financial year 2025)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

23 days early

2024

1 day early

2023

2 days early

2022

15 days early

2021

63 days early

2020

86 days early

2019

5 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 January (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end26-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

08-01-2026 Annual accounts filedfinancial year 2025 · abbreviated…
30-01-2025 Annual accounts filedfinancial year 2024 · abbreviated…
29-01-2024 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Positive: 8th largest employer in Turnhout, Professional and technical services sectorin the Checked rankings No. 8 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 7 profitable years in a rowprofit 2025: €91,866 7 years View

By topic

Financials

Financial year: 2025
Total assets: €1.6m
Profit: €91,866
Solvency: 52.6%

Total assets▼ 9.5%

Net result

20192025

Go to Financials

Timeline

Events: 11
Since: 2018
Next accounts: by 31-01-2027

30-06-2023Highest result from 2019 to 2025
16-01-2023Annual accounts filed
29-11-2021Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company (pre-2019)
Activity: Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded: 09-12-2015
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Kelvin Solutions

What is the company number of Kelvin Solutions?: 0643.981.416. In Belgium the VAT number is the company number with BE in front: BE 0643.981.416.
Where is Kelvin Solutions based?: The registered office is at Kempenlaan 2A, 2300 Turnhout.Company details
What does Kelvin Solutions do?: According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of Kelvin Solutions?: Private limited company (pre-2019) (BVBA).
When was Kelvin Solutions founded?: On 09-12-2015.
Is Kelvin Solutions still active?: Yes, Kelvin Solutions is an active enterprise in the KBO register.
How many employees does Kelvin Solutions have?: On average 13.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Kelvin Solutions?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Kelvin Solutions profitable?: In financial year 2025, Kelvin Solutions made a profit of €91,866.
Where can I find the annual accounts of Kelvin Solutions?: Kelvin Solutions filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Kelvin Solutions due?: By 31-01-2027, for financial year 2026.Timeline