Equity
€497,056 ▲ 50.5%
KVA has made a profit without a break since 2020.
KVA
Lifetime
9 annual accounts with figures on one time axispeak €278,092 (2025)
€278,092▲ 85.8%
lowest -€5,521 (2019)
€166,876▲ 174%
peak €497,056 (2025)
€497,056▲ 50.5%
€253,943▲ 19.6%
Board4 names since 2017
4 directors and 3 others
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Gross margin from €149,708 to €278,092Result from €60,963 to €166,876Equity from €330,180 to €497,056Debts from €212,264 to €253,943Cash from €228,048 to €545,617
Key points
from the 2025 annual accountsResult
€166,876 ▲ 174%
The result rose in 2025: mostly from a one-off income of €181,491.
Turnover
≈ €560,000 estimated
The micro format states no turnover.
Filings
9 annual accounts 1 late
The 2024 accounts came 27 days late. The other eight were filed on time.
Starting capital
€18,600 100 shares
Position in the sector
€166,876
Higher net result than 95% of companies in waste collection and treatment. Sector median €4,345 · 232 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,783 companies had the same profile as KVA has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,783 companies, not a prediction for KVA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 24-01-2017
Director, since 24-01-2017
Manager, since 24-01-2017
Manager, since 24-01-2017
- all the sharesdeed of 21-06-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0670494286
Company renamed from to KVA
Changes of role: (statutory director) and (director) · holds all the shares · General meeting of 05-06-2023 · Gazette deed
First establishment
, Izegemsestraat 37, Ardooie
Incorporation
Founding capital of €18,600, 100 shares · Founder: · Appointments: (statutory manager) and (manager) · published on 31-01-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KVA Ardooie | €0.8m | €278,092 | 63.3% | - |
| TOON KOG CONTAINERS Mol | €1.0m | €439,123 | 36.5% | - |
| AXYZ Chemical Cleaning Wijnegem | €0.8m | €614,201 | 47.7% | 7.6 |
| AGRO VAN DIJCK Wuustwezel | €1.9m | €497,754 | 24.0% | 0 |
| TAMAREC Deinze | €1.3m | €349,101 | 43.1% | 1 |
| DE WALLEMOLEN Zonnebeke | €0.9m | €298,016 | 53.1% | 0 |
| DE NACHTEGAAL Poperinge | €0.8m | €143,088 | 22.6% | - |
These companies have the same main activity as KVA: waste collection, recovery and disposal activities (NACE 38330). They are comparable in size and age: total assets between €764,000 and €1.9m, founded between 2012 and 2019.
Official details
Source: KBO- Status
- Active since 27-01-2017Normal situation
- Activity
- Waste collection, recovery and disposal activitiesNACE 38330and 3 others
- Establishment unit
- 2.261.236.7798850 Ardooie, since 01-02-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 17-06-2025
Annual accounts 2025
- €784,999▲ 44.7%
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on KVA
KVA files the micro format. That format states no turnover. The gross margin rose from €66,490 in 2017 to €278,092 in 2025.
The balance sheet grew most from 2021 to 2022 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KVA
- What is the company number of KVA?
- The company number of KVA is 0670.494.286. The VAT number is the same number with BE in front: BE 0670.494.286.
- Where is KVA based?
- The registered office is at Izegemsestraat 37, 8850 Ardooie.Company details
- What does KVA do?
- According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38330).
- What is the legal form of KVA?
- KVA is a private limited company (BV).
- When was KVA founded?
- KVA was founded on 27-01-2017.
- Is KVA still active?
- Yes, KVA is an active enterprise in the KBO register.
- What is the turnover of KVA?
- The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €278,092 and 1,019 comparable companies of the same size. It probably lies between €390,000 and €810,000. It is a rough estimate.Financials
- Is KVA profitable?
- In financial year 2025, KVA made a profit of €166,876.
- Where can I find the annual accounts of KVA?
- KVA filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KVA due?
- KVA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.