KV Construct
Open bankruptcySummary
A bankruptcy procedure is open for KV Construct according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (-€14,967) and a net result of -€82,795.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Turnhout division
- Declared bankrupt
- 13 August 2024
- Supervising judge
- Rob Willems
- Official Gazette
- 22-08-2024 (pdf) ↗search the document for 2024/132684
Deadlines
- Provisional date payments stopped
- 13 August 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 6 September 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 12 September 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 24 September 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 13 August 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Gert VerreytBegijnenstraat 17, 2300 Turn- Houtverreyt@comitius.be
- Thomas Van BourgognieBegij- Nenstraat 17, 2300 Turnhoutvanbourgognie@comitius.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
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 31-12-2023 was due by 31-07-2024 and was filed on 16-08-2024, 16 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
16 d late
2022
61 d late
2021
78 d late
2020
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 61 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Other specialised construction activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€14,967
2022 · €67,828
Total assets
€193,820▼ 21.6%
2022 · €247,350
Net result
-€82,795
2022 · €33,827
Working capital
-€31,576
2022 · €48,025
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120222023
Operating result€78,233--€26,981€40,773-€82,421
Net result€61,442above the sector's middle half--€29,941below the sector's middle half€33,827above the sector's middle half-€82,795below the sector's middle half
Equity€63,942within the sector's middle half-€34,001within the sector's middle half▼ 46.8%€67,828within the sector's middle half▲ 99.5%-€14,967below the sector's middle half
Total assets€85,438within the sector's middle half-€108,325within the sector's middle half▲ 26.8%€247,350within the sector's middle half▲ 128%€193,820within the sector's middle half▼ 21.6%
Debt€21,496-€74,324▲ 246%€179,523▲ 142%€208,787▲ 16.3%
Working capital€53,606within the sector's middle half-€9,107within the sector's middle half▼ 83.0%€48,025within the sector's middle half▲ 427%-€31,576below the sector's middle half
Solvency74.8%above the sector's middle half-31.4%within the sector's middle half▼ 43.5pp27.4%within the sector's middle half▼ 4.0pp-7.7%below the sector's middle half▼ 35.1pp
Current ratio3.49above the sector's middle half-1.12within the sector's middle half▼ 2.371.27within the sector's middle half▲ 0.140.85below the sector's middle half▼ 0.42
Return on assets (ROA)71.9%above the sector's middle half--27.6%below the sector's middle half▼ 99.6pp13.7%within the sector's middle half▲ 41.3pp-42.7%below the sector's middle half▼ 56.4pp
Staff (FTE)0.72▲ 186%2=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €82,421 after €40,773 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €193,820
Fixed assets
€16,608 ▼ 16.1%
Current assets
€177,211 ▼ 22.1%
Key figures and ratios
EBITDA
-€78,687▼
2022 · €45,864
Cash flow
-€79,061▼
2022 · €38,917
Debt to equity
-13.95▼
2022 · 2.65
Interest coverage
-1072.17▼
2022 · 21.83
Debt ≤ 1 year
€208,787▲
2022 · €179,523
Income taxes
€311▼
2022 · €4,909
Staff costs
€108,001▲
2022 · €98,229
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,864 | - |
| Remuneration, social security and pensions62 | - | €21,373 | €98,229 | €108,001 | ▲ 9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €833 | €2,625 | €5,091 | €3,734 | ▼ 26.6% |
| Other operating charges640/8 | - | €1,314 | €15,211 | €5,587 | ▼ 63.3% |
| Gross operating margin9900 | €80,196 | -€1,669 | €159,304 | €34,900 | ▼ 78.1% |
| Operating profit (loss)9901 | €78,233 | -€26,981 | €40,773 | -€82,421 | ▼ 302% |
| Financial income75/76B | - | €0 | €64 | €11 | ▼ 83.2% |
| Recurring financial income75 | €1 | €0 | €64 | €11 | ▼ 83.2% |
| Financial charges65/66B | - | €2,689 | €2,101 | €73 | ▼ 96.5% |
| Recurring financial charges65 | €109 | €340 | €2,101 | €73 | ▼ 96.5% |
| Non-recurring financial charges66B | - | €2,348 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €78,125 | -€29,670 | €38,736 | -€82,484 | ▼ 313% |
| Income taxes67/77 | €16,683 | €271 | €4,909 | €311 | ▼ 93.7% |
| Profit (loss) for the period9904 | €61,442 | -€29,941 | €33,827 | -€82,795 | ▼ 345% |
| Profit (loss) for the period to be appropriated9905 | €61,442 | -€29,941 | €33,827 | -€82,795 | ▼ 345% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €85,438 | €108,325 | €247,350 | €193,820 | ▼ 21.6% |
| Fixed assets21/28 | €10,336 | €24,894 | €19,803 | €16,608 | ▼ 16.1% |
| Tangible fixed assets22/27 | €10,336 | €21,894 | €16,803 | €13,608 | ▼ 19.0% |
| Furniture and vehicles24 | - | €21,894 | €16,803 | €13,608 | ▼ 19.0% |
| Financial fixed assets28 | - | €3,000 | €3,000 | €3,000 | = |
| Current assets29/58 | €75,102 | €83,431 | €227,547 | €177,211 | ▼ 22.1% |
| Amounts receivable within one year40/41 | €28,624 | €53,687 | €193,585 | €171,779 | ▼ 11.3% |
| Trade receivables40 | - | €12,671 | €119,335 | €31,495 | ▼ 73.6% |
| Other amounts receivable41 | - | €41,016 | €74,250 | €140,284 | ▲ 88.9% |
| Cash at bank and in hand54/58 | €46,290 | €28,576 | €33,902 | €5,056 | ▼ 85.1% |
| Deferred charges and accrued income490/1 | - | €1,168 | €61 | €376 | ▲ 519% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €85,438 | €108,325 | €247,350 | €193,820 | ▼ 21.6% |
| Equity10/15 | €63,942 | €34,001 | €67,828 | -€14,967 | ▼ 122% |
| Contributions10/11 | - | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €61,442 | €31,501 | €65,328 | €0 | ▼ 100% |
| Distributable reserves133 | - | €31,501 | €65,328 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | -€17,467 | - |
| Amounts payable17/49 | €21,496 | €74,324 | €179,523 | €208,787 | ▲ 16.3% |
| Amounts payable within one year42/48 | €21,496 | €74,324 | €179,523 | €208,787 | ▲ 16.3% |
| Trade debts44 | €4,750 | €36,550 | €125,854 | €170,982 | ▲ 35.9% |
| Suppliers440/4 | - | €36,550 | €125,854 | €170,982 | ▲ 35.9% |
| Taxes, remuneration and social security45 | - | €37,774 | €53,668 | €36,535 | ▼ 31.9% |
| Taxes450/3 | - | €35,944 | €48,573 | €30,678 | ▼ 36.8% |
| Remuneration and social security454/9 | - | €1,829 | €5,096 | €5,857 | ▲ 14.9% |
| Other amounts payable47/48 | - | - | - | €1,270 | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61,442 | -€29,941 | €33,827 | -€82,795 | ▼ 345% |
| + Depreciation and write-downs630 | €833 | €2,625 | €5,091 | €3,734 | ▼ 26.6% |
| Operating cash flow (approximation) | €62,275 | -€27,316 | €38,917 | -€79,061 | ▼ 303% |
| Investment in fixed assets (approximation) | - | -€17,183 | €0 | -€540 | - |
| Change in cash | - | -€17,714 | €5,326 | -€28,845 | ▼ 642% |
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
2024
22-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 13-08-2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
31-12
Financial
Weakest financial yearnet -€82,795
Net result drops to -€82,795, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Back to profitnet €33,827
Net result €33,827 after one loss-making year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Kasterlee · 1 establishment unit since 2019
Ground area
262 m²
Building footprint
73 m²
Volume, LiDAR
4 m³
Parcel 13038C0899/00H000, Flanders · tallest building 1.0 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Pleasure Pools Belgium
since 20192.293.920.930
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13038C0899/00H000 | Flanders | 262 m² | 1 · 73 m² | 1.0 m |
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | GERT VERREYT BEGIJNENSTRAAT 17, 2300 TURN-
HOUT |
13-08-2024 → present |
| Curator | THOMAS VAN BOURGOGNIE BEGIJ-
NENSTRAAT 17, 2300 TURNHOUT |
13-08-2024 → present |
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Of 15,524 companies in sector 43990 we hold annual accounts for 7,427. 6,217 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
53200Other postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735339875
Registered
26-07-2024
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.