Equity
-€14,967 from €67,828 in 2022
Equity fell below zero in 2023.
KV Construct
Overview
Information for creditors
Enterprise Court of Antwerp, Turnhout division · Official Gazette of 22-08-2024Appeal or third-party opposition 06-09-2024Filing the claim in RegSol 12-09-2024First verification report 24-09-2024Late claim 13-08-2025
Trustees: Gert Verreyt, Thomas Van Bourgognie. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
4 annual accounts with figures on one time axispeak €159,304 (2022)
€34,900▼ 78.1%
lowest -€82,795 (2023)
-€82,795▼ €116,622
peak €67,828 (2022)
-€14,967▼ €82,795
€208,787▲ 16.3%
Board1 name since 2019
1 directorVERHEYEN Kenneth Lodewijk
Documentsfilings and deeds
16-08-202416 days late
2023micro format
Gross margin from €159,304 to €34,900Loss of €82,795Equity from €67,828 to -€14,967Debts from €179,523 to €208,787Cash from €33,902 to €5,056
Key points
from the 2023 annual accounts, the last ones filedResult
-€82,795 -€82,795
From profit to loss in 2023, after a profit of €33,827 in 2022.
Debts
€208,787 108% of the balance sheet
Suppliers 82%Taxes and wages 17%
Investments
€9,176 2.5 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.85 was 1.27 in 2022
Short-term debts rose from €179,523 to €208,787.
Filings
4 annual accounts 4 late
The 2020 accounts came latest: 88 days after the end of the period.
No score
Signals
Restart pattern
1 indication
A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.
- BankruptThis companyjudgment 13-08-2024
LEF+ was founded 9 months before the bankruptcy of this company. VERHEYEN Kenneth Lodewijk sat on both boards.
- VERHEYEN Kenneth Lodewijk director of both
- Same registered office (2460 Kasterlee)
- Same main activity: activity NACE 43999
This is a pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. The facts come from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB. The same name in two sets of accounts is not necessarily the same person. What the facts mean is for you to look into.
Recent changes
Bankruptcy published
Enterprise Court of Antwerp, Turnhout division · judgment of 13-08-2024 · Bankruptcy
Listed in the Peppol Directory
Registered office moved from Lichtaart to Tielen
New registered office: Flor Baron Peetersstraat 11, 2460 Tielen · Previous registered office: Poederleesteenweg 8 bus 2, 2460 Lichtaart · Gazette deed
Incorporation
Founding capital of €2,500, 100 shares · Founder: VERHEYEN Kenneth Lodewijk · Appointment: VERHEYEN Kenneth Lodewijk (director) · published on 01-10-2019 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 13-08-2024
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Joint committee
- 124Construction · annual accounts 2021
- Establishment unit
- 2.293.920.9302460 Kasterlee, since 27-09-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 26-07-2024
Annual accounts 2023
- €34,900▼ 78.1%
- ≈ €300,000estimated
- €82,795
- -€14,967
- €193,820▼ 21.6%
- Employeeson 31-12-2023
- 2=
- Filing
- Filed on 16-08-2024
Insights on KV Construct
Equity fell from €67,828 in 2022 to -€14,967 in 2023, while debts rose from €179,523 to €208,787.
On 13 August 2024 the court declared KV Construct bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2023
micro format, filed on 16-08-2024, 16 days late€34,900
▼ 78.1%
-€82,421
▼ €123,194
-€82,795
▼ €116,622
-€31,576
▼ €79,600
-7.7%
▼ 35.1 percentage points
0.85
▼ 0.42
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €300,000. Estimated: probably between €200,000 and €530,000.
Balance sheet
balance sheet total €193,820 on 31-12-2023What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-7.7%
Higher than 8% of 33,151 companies in 2023.
0.85
Higher than 15% of 32,661 companies in 2023.
-42.7%
Lower than 95% of 32,800 companies in 2023.
KV Construct
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€54,000
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
193,820 | 247,350 | 108,325 | 85,438 | |
21/28 |
16,608 | 19,803 | 24,894 | 10,336 | |
22/27 |
13,608 | 16,803 | 21,894 | 10,336 | |
24 |
13,608 | 16,803 | 21,894 | 10,336 | |
28 |
3,000 | 3,000 | 3,000 | - | |
29/58 |
177,211 | 227,547 | 83,431 | 75,102 | |
40/41 |
171,779 | 193,585 | 53,687 | 28,624 | |
40 |
31,495 | 119,335 | 12,671 | 10,658 | |
41 |
140,284 | 74,250 | 41,016 | 17,966 | |
54/58 |
5,056 | 33,902 | 28,576 | 46,290 | |
490/1 |
376 | 61 | 1,168 | 189 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
193,820 | 247,350 | 108,325 | 85,438 | |
10/15 |
-14,967 | 67,828 | 34,001 | 63,942 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | |
13 |
0 | 65,328 | 31,501 | 61,442 | |
133 |
0 | 65,328 | 31,501 | 61,442 | |
14 |
-17,467 | - | - | - | |
17/49 |
208,787 | 179,523 | 74,324 | 21,496 | |
42/48 |
208,787 | 179,523 | 74,324 | 21,496 | |
44 |
170,982 | 125,854 | 36,550 | 4,750 | |
440/4 |
170,982 | 125,854 | 36,550 | 4,750 | |
45 |
36,535 | 53,668 | 37,774 | 16,746 | |
450/3 |
30,678 | 48,573 | 35,944 | 16,746 | |
454/9 |
5,857 | 5,096 | 1,829 | - | |
47/48 |
1,270 | - | - | - | |
| Income statement | |||||
76A |
2,864 | - | - | - | |
9900 |
34,900 | 159,304 | -1,669 | 80,196 | |
62 |
108,001 | 98,229 | 21,373 | - | |
630 |
3,734 | 5,091 | 2,625 | 833 | |
640/8 |
5,587 | 15,211 | 1,314 | 1,131 | |
9901 |
-82,421 | 40,773 | -26,981 | 78,233 | |
75/76B |
11 | 64 | 0 | 1 | |
75 |
11 | 64 | 0 | 1 | |
65/66B |
73 | 2,101 | 2,689 | 109 | |
65 |
73 | 2,101 | 340 | 109 | |
66B |
- | 0 | 2,348 | - | |
9903 |
-82,484 | 38,736 | -29,670 | 78,125 | |
67/77 |
311 | 4,909 | 271 | 16,683 | |
9904 |
-82,795 | 33,827 | -29,941 | 61,442 | |
9905 |
-82,795 | 33,827 | -29,941 | 61,442 | |
| Appropriation of the result | |||||
9906 |
-82,795 | 33,827 | -29,941 | 61,442 | |
791/2 |
65,328 | 0 | 29,941 | - | |
691/2 |
0 | 33,827 | 0 | 61,442 | |
6920 |
0 | - | - | - | |
6921 |
- | 33,827 | 0 | 61,442 | |
| Social balance sheet | |||||
9087 |
2 | 2 | 0.7 | - | |
Hours worked1013 |
3,321 | 3,112 | 720 | - | |
| Document | |||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 16-08-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank2023 annual accounts filed 16 days after the deadline. Filed on 16 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00347381.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| -78,687 | 45,864 | -24,356 | 79,066 | ||
| -79,061 | 38,917 | -27,316 | 62,275 | ||
| 9,176 | 0 | 26,969 | 11,169 | ||
| -28,845 | 5,326 | -17,714 | - | ||
| -31,576 | 48,025 | 9,107 | 53,606 | ||
| -7.7% | 27.4% | 31.4% | 74.8% | ||
| 0.85 | 1.27 | 1.12 | 3.49 | ||
| - | 2.65 | 2.19 | 0.34 | ||
| - | 49.9% | -88.1% | 96.1% | ||
| -42.7% | 13.7% | -27.6% | 71.9% | ||
| -1072.17 | 21.83 | -71.60 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 |
| full-time | 2 | 2 | 2 |
| part-time | 0 | 0 | 0 |
| in full-time equivalents | 2 | 2 | 2 |
| 2 | 2 | 0.7 | |
| On a permanent contract | 2 | 2 | 2 |
| Joined | - | - | 2 |
| Left | - | - | 0 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
fixed assets acquired| Item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible fixed assets | €9,176 | - | €23,969 |
| Financial fixed assets | - | - | €3,000 |
| €3,734 | €5,091 | €2,625 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Insights on KV Construct
The operating result for 2023 is a loss of €82,421, after a profit of €40,773 in 2022. It is the lowest result since 2020.
Equity is negative. Debt (€208,787) exceeds the balance-sheet total (€193,820).
Board & ownership
Curators
the curators have managed the company since 13-08-2024Last board
1 director, since incorporationDirector
appointed by deed of 01-10-2019
term without a fixed end
listed in the 2023 annual accounts, filed on 16-08-2024
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 01-10-2019
Mandates through the years
1 name, the dashed line is todayVERHEYEN Kenneth Lodewijk
Director
Director
BoardBankruptcy 13-08-2024
Mandates as a list
- VERHEYEN Kenneth Lodewijk
- Director, appointed by deed of 01-10-2019, until the bankruptcy of 13-08-2024
Control
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- -€150 in 2023
- Source
- deed of 01-10-2019
Articles of association
deed of 01-10-2019 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering bepaalt aantal, duur en bij meerdere bestuurders bevoegdheid, met of zonder beperking van duur”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 20:00
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Behoudens door de rechter, besluit van de algemene vergadering die beraadslaagt zoals inzake statutenwijziging”
Founder
At incorporation
deed of 01-10-2019 ↗
- VERHEYEN Kenneth Lodewijk sole founder · 100% at incorporation
Network & group
No group
KV Construct has no parent and no holdings in its annual accounts. VERHEYEN Kenneth Lodewijk is the only director.
At the same address
Flor Baron Peetersstraat 11, 2460 Kasterlee · 1 other company| LEF+
registered office since 24-10-2023 · founded in 2023 |
total assets €65,142 (2025) 1001.535.490 |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
LEF+
via VERHEYEN Kenneth Lodewijk · Director (not named in the articles) · deed of 26-10-2023
Founded in 2023 · total assets €65,142 (2025)
→
Timeline
Timeline
11 events since 2019Filings
Financial
Establishments
Insolvency
Address
2020202220242026
2024
Bankruptcy published Enterprise Court of Antwerp, Turnhout division · judgment of 13-08-2024
Annual accounts 2023 filed PDFmicro format · 16 days late
Listed in the Peppol Directory
2023
Weakest financial year net -€82,795 The net result drops to -€82,795, the lowest from 2020 to 2023.
Annual accounts 2022 filed PDFmicro format · 61 days late
2022
Back to profit net €33,827 The net result is €33,827, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 78 days late
2021
Annual accounts 2020 filed PDFmicro format · 88 days late
Registered office moved from Lichtaart to TielenNew registered office: Flor Baron Peetersstraat 11, 2460 Tielen · Previous registered office: Poederleesteenweg 8 bus 2, 2460 Lichtaart1 point ▸
- Registered-office move, Flor Baron Peetersstraat 11, 2460 Tielen
2019
IncorporationFounding capital of €2,500, 100 shares · Founder: VERHEYEN Kenneth Lodewijk · Appointment: VERHEYEN Kenneth Lodewijk (director) · published on 01-10-20196 points ▸
- Founder, VERHEYEN Kenneth Lodewijk
- Founding capital, €2,500, 100 shares
- Registered office clause, Poederleesteenweg 8 bus 2, 2460 Kasterlee (Lichtaart)
- Board rule, 1
- Director appointment, VERHEYEN Kenneth Lodewijk
- Permanent representative, VERHEYEN Kenneth Lodewijk
- The deed holds 2 more points.
First establishment Pleasure Pools Belgium, Flor Baron Peetersstraat 11, Kasterlee
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 27 September 2019, KV Construct was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 In 2021 the registered office moved to Tielen.3 VERHEYEN Kenneth Lodewijk is director of the company, appointed by deed of 01-10-2019.2 Total assets went from €85,438 in 2020 to €193,820 in 2023 and headcount from 0.7 full-time equivalents in 2021 to 2 in 2023.4 The company was declared bankrupt on 13 August 2024.5
Company details
Identity
- Enterprise number
- 0735.339.875
- VAT number
- BE 0735.339.875
- Peppol ID
- 0208:0735339875
- Legal form
- Private limited company
- Status
- In bankruptcy, since 13-08-2024
- Founded
- 27-09-2019
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 20:00deed of 01-10-2019 (in Dutch)
- Peppol
- Listed since 26-07-2024The listing only disappears when the Peppol service provider removes it.
- Name
- KV Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 01-10-2019 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- KV Constructdeed of 01-10-2019 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 01-10-2019 (in Dutch)
Activities
NACEBEL 202543990
Other specialised construction activities main activity
Joint committees annual accounts 2021
JC 124
Construction
Codes under NACEBEL 2008
43999
Specialised construction activities main activity
53200
Other postal and courier activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Onderneming voor algemene bouw van gebouwen; Herstellen,renoveren en vervaardigen van allerlei materialen; Het optrekken van gebouwen…”deed of 01-10-2019 (in Dutch)
33 activities
- Onderneming voor algemene bouw van gebouwen
- Herstellen,renoveren en vervaardigen van allerlei materialen
- Het optrekken van gebouwen (ruwbouw en onder dak zetten)
- Betonboring
- Zagen,hakken en trekken van sleuven in gebouwen en wegen
- Betonherstelling uitgevoerd met cement en zand of beton
- Algemene bouwwerkzaamheden beperkt tot de coördinatie van werken uitgevoerd door onderaannemers
- Onderneming voor het optrekken van niet-metalen uitneembare paviljoenen en barakken
- Onderneming voor slopingswerken van gebouwen en kunstwerken
- Onderneming voor het bouwen van stellingen alsmede voor het invoegen van gevels
- Onderneming voor het leggen van tegelvloeren en mozaïek en plaatsen van wand- en vloerbekledingen met uitzondering van hout
- Onderneming voor plafonneer,cementeer- en alle andere pleisterwerken
- Onderneming voor het reinigen van gevels
- Onderneming voor het saneren,het in stand houden of het in zijn oorspronkelijke staat terugbrengen van gebouwen en monumenten
- Onderneming voor timmer- en schrijnwerk voor gebouwen
- Onderneming voor het plaatsen van ijzerwerk,metalen luiken en metalen schrijnwerk
- Onderneming voor het bedekken van muren en zolderingen door het aanbrengen metalen elementen
- Onderneming voor metalen constructies en metalen kunstwerken
- Handel in bouwmaterialen
- Onderneming voor grondwerken: uitbaggering van rivierzand en- grind
- Zandgroeve
- Onderneming voor grondwerken,meer bepaald het uitgraven van grond,het dempen van (klei)putten en het effenen ervan
- Onderneming voor het bouwen,herstellen en onderhouden van wegen
- Groot- en kleinhandel in bouwmaterialen
- Onderneming voor het aanleggen van en onderhouden van tuinen,parken,speelterreinen en sportvelden
- Voor het optrekken van paviljoenen en barakken
- Het plaatsen van afsluitingen en omheiningen
- Het installeren en onderhouden van zwembaden,zwemvijvers,sauna’s,…,sanitair installateur- loodgieter
- Installateur verwarming- frigorist
- Groot- en kleinhandel in artikelen van zwembaden,zwemvijvers,sauna’s,…
- Het uitvoeren van alle activiteiten in verband met transport langs de weg,het water of de lucht,van goederen,afval,personen,dieren,en andere,koerierdienst,tractie,verhuisonderneming,goederenbehandeling en opslag,groeperen en manipuleren en verdelen van goederen,containervervoer,expeditiebedrijf,vervoercommissionair,verhuur van voertuig met chauffeur
- Taxibedrijf,ziekenwagen,onderneming voor personenverhuur en goederenvervoer
- Het huren en verhuren,het leasen en in leasing geven,van allerhande voertuigen,motorvoertuigen,vaartuigen,vliegtuigen,personenwagens,bedrijfswagens,vrachtwagens,bestelwagens,motorrijwielen,scooters,bromfietsen,rijwielen,fietsen divers rollend materieel
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Pleasure Pools Belgium registered office Flor Baron Peetersstraat 11, 2460 Kasterlee | 27-09-2019 | 2.293.920.930 |
1 former office
- Poederleesteenweg 8 bus 2, 2460 Lichtaart until 20-01-2021 · deed of 26-02-2021
Buildings and parcels at the address
- Ground area
- 262 m²
- Buildings
- 73 m²
- Volume, LiDAR
- 4 m³
- Tallest building
- 1.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13038C0899/00H000 | 262 m² | 1 · 73 m² | 1.0 m |