KEVANOS
ActiveSummary
KEVANOS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.60M and a net result of €-25k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 95% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability20▼-22
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 27.29 against 25.52 in 2024; short-term debt: 3.6% and cash: 23.4% of total assets), and 4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96%
Return on assets
-1.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-02-2026, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
87 d early
2024
15 d early
2023
1 d early
2022
2 d early
2021
37 d early
2020
24 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.60M▼ 1.5%
2024 · €1.62M
2018: €1.43Mlowest in 8 years
2019: €1.45M▲ +1.6% vs 2018
2020: €1.48M▲ +2.4% vs 2019
2021: €1.52M▲ +2.1% vs 2020
2022: €2.49M▲ +64.4% vs 2021highest in 8 years
2023: €1.59M▼ -36.3% vs 2022
2024: €1.62M▲ +2.1% vs 2023
2025: €1.60M▼ -1.5% vs 2024
2018 → 2025
Total assets
€1.66M▼ 1.8%
2024 · €1.69M
2018: €1.48M
2019: €1.47M▼ -0.3% vs 2018lowest in 8 years
2020: €1.52M▲ +3.0% vs 2019
2021: €1.55M▲ +2.5% vs 2020
2022: €2.64M▲ +69.5% vs 2021highest in 8 years
2023: €1.65M▼ -37.4% vs 2022
2024: €1.69M▲ +2.7% vs 2023
2025: €1.66M▼ -1.8% vs 2024
2018 → 2025
Net result
€-25k
2024 · €34k
2018: €9k
2019: €22k▲ +146% vs 2018
2020: €34k▲ +54.6% vs 2019
2021: €31k▼ -9.4% vs 2020
2022: €977k▲ +3042% vs 2021highest in 8 years
2023: €-10k▼ -101% vs 2022
2024: €34k▲ +433% vs 2023
2025: €-25k▼ -174% vs 2024lowest in 8 years
2018 → 2025
Working capital
€1.56M▲ 1.0%
2024 · €1.55M
2018: €495klowest in 8 years
2019: €575k▲ +16.1% vs 2018
2020: €665k▲ +15.8% vs 2019
2021: €739k▲ +11.0% vs 2020
2022: €2.32M▲ +214% vs 2021highest in 8 years
2023: €1.46M▼ -37.1% vs 2022
2024: €1.55M▲ +5.8% vs 2023
2025: €1.56M▲ +1.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.52M-€2.49M▲ 64.4%€1.59M▼ 36.3%€1.62M▲ 2.1%€1.60M▼ 1.5%
2021: €1.52Mlowest in 5 years
2022: €2.49M▲ +64.4% vs 2021highest in 5 years
2023: €1.59M▼ -36.3% vs 2022
2024: €1.62M▲ +2.1% vs 2023
2025: €1.60M▼ -1.5% vs 2024
Operating result€28k-€-26k€-46k▼ 82.2%€-36k▲ 23.0%€-24k▲ 32.8%
2021: €28khighest in 5 years
2022: €-26k▼ -192% vs 2021
2023: €-46k▼ -82.2% vs 2022lowest in 5 years
2024: €-36k▲ +23.0% vs 2023
2025: €-24k▲ +32.8% vs 2024
Net result€31k-€977k▲ 3,042%€-10k€34k€-25k
2021: €31k
2022: €977k▲ +3042% vs 2021highest in 5 years
2023: €-10k▼ -101% vs 2022
2024: €34k▲ +433% vs 2023
2025: €-25k▼ -174% vs 2024lowest in 5 years
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 stays negative: a loss of €24k in 2025 against €36k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.66M
Fixed assets
€43k ▼ 49.8%
Current assets
€1.62M ▲ 0.8%
Equity and liabilities €1.66M
Equity
€1.60M ▼ 1.5%
Debt
€67k ▼ 7.6%
Debt's share of the balance-sheet total falls from 4.3% to 4.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€18k▲
2024 · €7k
Cash flow
€18k▼
2024 · €76k
Current ratio
27.29▲
2024 · 25.52
Debt to equity
0.04▼
2024 · 0.04
ROE
-1.5%▼
2024 · 2.1%
ROA
-1.5%▼
2024 · 2.0%
Interest coverage
0.42▲
2024 · -2.60
Debt ≤ 1 year
€59k▼
2024 · €63k
Income taxes
€1k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.69M€1.66M▼
Fixed assets21/28€85k€43k▼
Tangible fixed assets22/27€85k€42k▼
Land and buildings22€85k€42k▼
Financial fixed assets28€310€310=
Current assets29/58€1.61M€1.62M▲
Amounts receivable within one year40/41€28k€25k▼
Trade receivables40€10k€0▼
Other amounts receivable41€18k€25k▲
Current investments50/53€1.34M€1.19M▼
Cash at bank and in hand54/58€220k€389k▲
Deferred charges and accrued income490/1€22k€15k▼
Equity and liabilities
Total equity and liabilities10/49€1.69M€1.66M▼
Equity10/15€1.62M€1.60M▼
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€1.37M€1.35M▼
Non-distributable reserves130/1€36k€36k=
Legal reserve130€36k€36k=
Distributable reserves133€1.34M€1.31M▼
Profit (loss) carried forward14€0-
Amounts payable17/49€73k€67k▼
Amounts payable within one year42/48€63k€59k▼
Trade debts44€1k€414▼
Suppliers440/4€1k€414▼
Advances received on contracts in progress46€160€122▼
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€5k€5k▼
Other amounts payable47/48€56k€54k▼
Accrued charges and deferred income492/3€10k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€42k=
Other operating charges640/8€12k€10k▼
Non-recurring operating charges66A€64€53▼
Gross operating margin9900€19k€28k▲
Operating profit (loss)9901€-36k€-24k▲
Financial income75/76B€71k€45k▼
Recurring financial income75€71k€45k▼
Non-recurring financial income76B€0-
Financial charges65/66B€-3k€44k▲
Recurring financial charges65€-3k€44k▲
Profit (loss) for the period before taxes9903€37k€-23k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€34k€-25k▼
Profit (loss) for the period to be appropriated9905€34k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€-25k▼
Profit (loss) brought forward from the previous period14P€-10k€0▲
Transfer from equity791/2€10k€25k▲
Transfer to equity691/2€34k€0▼
To other reserves6921€34k€0▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42k | €43k | €42k | €42k | €42k | = |
| Other operating charges640/8 | - | €8k | €12k | €12k | €10k | ▼ 22.7% |
| Non-recurring operating charges66A | - | €124 | €125 | €64 | €53 | ▼ 17.2% |
| Gross operating margin9900 | €79k | €25k | €8k | €19k | €28k | ▲ 46.9% |
| Operating profit (loss)9901 | €28k | €-26k | €-46k | €-36k | €-24k | ▲ 32.8% |
| Financial income75/76B | - | €1.10M | €97k | €71k | €45k | ▼ 36.6% |
| Recurring financial income75 | €17k | €1.10M | €41k | €71k | €45k | ▼ 36.6% |
| Non-recurring financial income76B | - | - | €56k | €0 | - | - |
| Financial charges65/66B | - | €2k | €60k | €-3k | €44k | ▲ 1,842% |
| Recurring financial charges65 | €1k | €2k | €60k | €-3k | €44k | ▲ 1,842% |
| Profit (loss) for the period before taxes9903 | €44k | €1.07M | €-10k | €37k | €-23k | ▼ 163% |
| Income taxes67/77 | €13k | €98k | €501 | €4k | €1k | ▼ 68.4% |
| Profit (loss) for the period9904 | €31k | €977k | €-10k | €34k | €-25k | ▼ 174% |
| Profit (loss) for the period to be appropriated9905 | €31k | €977k | €-10k | €34k | €-25k | ▼ 174% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.55M | €2.64M | €1.65M | €1.69M | €1.66M | ▼ 1.8% |
| Fixed assets21/28 | €777k | €170k | €128k | €85k | €43k | ▼ 49.8% |
| Tangible fixed assets22/27 | €212k | €170k | €127k | €85k | €42k | ▼ 50.0% |
| Land and buildings22 | - | €170k | €127k | €85k | €42k | ▼ 50.0% |
| Financial fixed assets28 | €565k | €310 | €310 | €310 | €310 | = |
| Current assets29/58 | €778k | €2.47M | €1.52M | €1.61M | €1.62M | ▲ 0.8% |
| Amounts receivable within one year40/41 | €217k | €23k | €16k | €28k | €25k | ▼ 9.6% |
| Trade receivables40 | - | €11k | €10k | €10k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €11k | €6k | €18k | €25k | ▲ 41.5% |
| Current investments50/53 | €231k | €231k | €1.44M | €1.34M | €1.19M | ▼ 11.0% |
| Cash at bank and in hand54/58 | €326k | €2.21M | €52k | €220k | €389k | ▲ 77.4% |
| Deferred charges and accrued income490/1 | - | €3k | €16k | €22k | €15k | ▼ 32.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.55M | €2.64M | €1.65M | €1.69M | €1.66M | ▼ 1.8% |
| Equity10/15 | €1.52M | €2.49M | €1.59M | €1.62M | €1.60M | ▼ 1.5% |
| Contributions10/11 | - | €1.14M | €250k | €250k | €250k | = |
| Capital10 | - | - | €250k | €250k | €250k | = |
| Issued capital100 | - | - | €250k | €250k | €250k | = |
| Outside capital11 | - | €1.14M | €0 | - | - | - |
| Other1109/19 | - | €1.14M | €0 | - | - | - |
| Reserves13 | €372k | €1.35M | €1.35M | €1.37M | €1.35M | ▼ 1.8% |
| Non-distributable reserves130/1 | - | €36k | €36k | €36k | €36k | = |
| Legal reserve130 | - | - | €36k | €36k | €36k | = |
| Reserves not available under the articles1311 | - | €36k | €0 | - | - | - |
| Distributable reserves133 | - | €1.31M | €1.31M | €1.34M | €1.31M | ▼ 1.8% |
| Profit (loss) carried forward14 | - | - | €-10k | €0 | - | - |
| Amounts payable17/49 | €40k | €144k | €61k | €73k | €67k | ▼ 7.6% |
| Amounts payable within one year42/48 | €40k | €144k | €61k | €63k | €59k | ▼ 5.8% |
| Trade debts44 | €2k | €4k | €4k | €1k | €414 | ▼ 61.7% |
| Suppliers440/4 | - | €4k | €4k | €1k | €414 | ▼ 61.7% |
| Advances received on contracts in progress46 | - | €305 | €50 | €160 | €122 | ▼ 23.8% |
| Taxes, remuneration and social security45 | - | €98k | €2k | €5k | €5k | ▼ 15.4% |
| Taxes450/3 | - | €98k | €2k | €5k | €5k | ▼ 15.4% |
| Other amounts payable47/48 | - | €41k | €55k | €56k | €54k | ▼ 3.7% |
| Accrued charges and deferred income492/3 | - | €650 | €341 | €10k | €8k | ▼ 19.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31k | €977k | €-10k | €34k | €-25k | ▼ 174% |
| + Depreciation and write-downs630 | €42k | €43k | €42k | €42k | €42k | = |
| Operating cash flow (approximation) | €74k | €1.02M | €32k | €76k | €18k | ▼ 76.7% |
| Investment in fixed assets (approximation) | - | €564k | €0 | €0 | €0 | - |
| Change in cash | - | €1.88M | €-2.16M | €168k | €170k | ▲ 1.3% |
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
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €977k ▲3,042%
Net result €977k, the highest in the series.
30-09
Financial
Equity above €2MEq €2.49M ▲64.4%
5 profitable years in a row build equity to €2.49M.
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Liquidity doublescurrent ratio 26.02
Current ratio from 10.85 to 26.02; short-term debt falls from €50k to €23k.
Show earlier events
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1993
Ground area
4,700 m²
Building footprint
1,454 m²
Volume, LiDAR
16,385 m³
2 parcels, Flanders · tallest building 21.2 m, ±6 floors. Linked by address, not a title deed.
56
companies at this address
See who is registered here
1 establishment unit
KEVANOS NV
since 19932.064.502.567
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K0009/00S006 | Flanders | 2,696 m² | 1 · 1,209 m² | 21.2 m · 6 fl. |
| 34022E0252/00E000 | Flanders | 2,004 m² | 1 · 245 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900J7CKB0CB2O8904
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 4,517 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-09-1993
Fiscal year end30-09
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.