Financials
- Financial year
- 2025
- Total assets
- €3.0m
- Loss
- -€168,795
- Solvency
- 15.3%
Total assets▲ 11.6%
Net result
20192025
KGV
ActiveSummary
KGV has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €458,057 and a net result of -€168,795. Equity is growing by about 43% per year across the filed financial years. Its solvency ranks better than 26% of 5,007 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Other non-specialised retail sale
NACE 47120Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
5th largest company by total assets in Butgenbach, Wholesale and retail trade sector2 sites
Size
€3.0mtotal assets 2025
- Staff
- 1.8 FTE
- Equity
- €458,057
- Loss
- -€168,795
Structure
- Holdings
- 1
2025 accounts 1 day early2 deeds in the Belgian Official Gazette
Why 65raises riskLoss of €168,795 (financial year 2025)Equity €458,057 (15.3% of total assets)lowers riskFigures for financial year 2025 (filed 06-02-2026)Founded in 2015Show the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 28% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency
40-8
equity 15.3% of total assets
Liquidity
47+2
short-term debt 22.4% · cash 3.6%
Profitability
12-53
return on assets -5.7%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.2%▲ +0.1 percentage points vs 12-2024
02-2025: 0.3%▲ +0.1 percentage points vs 01-2025
03-2025: 0.5%▲ +0.2 percentage points vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.7%▲ +0.1 percentage points vs 09-2025
11-2025: 0.6%▼ -0.1 percentage points vs 10-2025
12-2025: 0.7%▲ +0.1 percentage points vs 11-2025
01-2026: 0.9%▲ +0.2 percentage points vs 12-2025
02-2026: 1.5%▲ +0.6 percentage points vs 01-2026highest value
03-2026: 0.9%▼ -0.6 percentage points vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.8%▼ -0.1 percentage points vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.9%▲ +0.1 percentage points vs 08-2026
10-2026: 1.0%▲ +0.1 percentage points vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.42, compared with 0.74 in 2024, below 1; short-term debt: 22.4% and cash: 3.6% of total assets), and 84.7% 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 47, micro): better than 31% on solvency, 46% on liquidity, 18% on profitability and 17% on growth.
The bankruptcy probability was computed on 24-10-2026 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 riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
3 days late
2023
on the day
2022
18 days early
2021
on the day
2020
2 days early
2019
on the day
← 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 3 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · 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 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end25-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet -€168,795
- Annual accounts filedfinancial year 2024 · full…
Key points
By topic
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-01-2027
- 30-06-2024Equity above €500,000
- 31-01-2024Annual accounts filed
- 30-06-2023Highest result from 2019 to 2025
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Other non-specialised retail saleNACE 47120
- Founded
- 27-05-2015
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Key facts about KGV
- What is the company number of KGV?
- 0630.861.769. In Belgium the VAT number is the company number with BE in front: BE 0630.861.769.
- Where is KGV based?
- The registered office is at Elsenborn,Desherenborn 16, 4750 Bütgenbach.Company details
- What does KGV do?
- According to the KBO register, the main activity is other non-specialised retail sale (NACE 47120).
- What is the legal form of KGV?
- Private limited company (BV).
- When was KGV founded?
- On 27-05-2015.
- Is KGV still active?
- Yes, KGV is an active enterprise in the KBO register.
- How many employees does KGV have?
- On average 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of KGV?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is KGV profitable?
- In financial year 2025, KGV made a loss of €168,795.
- Where can I find the annual accounts of KGV?
- KGV filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KGV due?
- By 31-01-2027, for financial year 2026.Timeline
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