KVC

Active

Private limited companyfounded 20188 yrs activeKolonel Dusartplein 1, 3500 Hasselt, BelgiumKBO/BCE: BE 0698.968.439

KVC has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €-675. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 1520 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2025

52 / 100

Fair▼ -48 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-100

Solvency100▲+3

Growth32=

Stability100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 10.43 against 2.23 in 2024), and 9.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 10

Relative position

BE, all sectors

reference

Sector 10

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

90.3%

Return on assets

-2.5%

Age of the figures

14 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

40 d early

2024

53 d early

2023

26 d early

2022

46 d early

2021

41 d early

2020

12 d early

2019

3 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close12-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€24k▼ 2.7%

2024 · €25k

2019: €55k 2020: €57k 2021: €15k 2022: €19k 2023: €9k 2024: €25k

2019 → 2025

Total assets

€27k▼ 40.1%

2024 · €44k

2019: €90k 2020: €107k 2021: €38k 2022: €44k 2023: €33k 2024: €44k

2019 → 2025

Net result

€-675

2024 · €16k

2019: €49k 2020: €2k 2021: €-42k 2022: €5k 2023: €-11k 2024: €16k

2019 → 2025

Working capital

€24k▼ 1.5%

2024 · €24k

2019: €45k 2020: €49k 2021: €13k 2022: €18k 2023: €8k 2024: €24k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€15k-€19k▲ 32.0%€9k▼ 54.6%€25k▲ 183%€24k▼ 2.7%

Operating result€-45k-€10k€-12k€17k€-2k

Net result€-42k-€5k€-11k€16k€-675

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 2025: a loss of €2k after €17k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €27k

98.8%

Fixed assets €307▼ 49.7%

Current assets €26k▼ 40.0%

Equity and liabilities €27k

90.3%

10%

Equity €24k▼ 2.7%

Debt €3k▼ 86.9%

The debt ratio falls from 44.4% to 9.7%: debt falls faster than equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-2k▼

2024 · €17k

Cash flow

€-372▼

2024 · €16k

Solvency

90.3%▲

2024 · 55.6%

Current ratio

10.43▲

2024 · 2.23

Quick ratio

10.43▲

2024 · 2.23

Debt / equity

0.11▼

2024 · 0.80

ROE

-2.8%▼

2024 · 64.6%

ROA

-2.5%▼

2024 · 35.9%

Interest coverage

-3.47▼

2024 · 34.92

Debt

€3k▼

2024 · €20k

Debt ≤ 1 year

€3k▼

2024 · €20k

Income taxes

€141▼

2024 · €1k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€44k€27k▼

Fixed assets21/28€609€307▼

Tangible fixed assets22/27€609€307▼

Furniture and vehicles24€609€307▼

Current assets29/58€44k€26k▼

Amounts receivable within one year40/41€34k€26k▼

Trade receivables40€6k€2k▼

Other amounts receivable41€28k€24k▼

Cash at bank and in hand54/58€9k€0▼

Deferred charges and accrued income490/1€580€258▼

Equity and liabilities

Total equity and liabilities10/49€44k€27k▼

Equity10/15€25k€24k▼

Contributions10/11€6k€6k=

Reserves13€18k€18k▼

Non-distributable reserves130/1€0-

Reserves not available under the articles1311€0-

Distributable reserves133€18k€18k▼

Amounts payable17/49€20k€3k▼

Amounts payable within one year42/48€20k€3k▼

Financial debts43-€722

Credit institutions430/8-€722

Trade debts44€13k€2k▼

Suppliers440/4€13k€2k▼

Taxes, remuneration and social security45€6k€141▼

Taxes450/3€5k€141▼

Remuneration and social security454/9€1k€0▼

Accrued charges and deferred income492/3€62€62=

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€302€302=

Other operating charges640/8€2k€886▼

Gross operating margin9900€19k€-713▼

Operating profit (loss)9901€17k€-2k▼

Financial income75/76B€1k€2k▲

Recurring financial income75€1k€2k▲

Financial charges65/66B€481€460▼

Recurring financial charges65€481€460▼

Profit (loss) for the period before taxes9903€17k€-533▼

Income taxes67/77€1k€141▼

Profit (loss) for the period9904€16k€-675▼

Profit (loss) for the period to be appropriated9905€16k€-675▼

Appropriation of the result

Profit (loss) to be appropriated9906€16k€-675▼

Transfer from equity791/2€0€675▲

Transfer to equity691/2€16k€0▼

To other reserves6921€16k€0▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 11Financial 4Filings 7

Next filing, fiscal year 2026, expected by 31-01-2027

2025

22-12

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

30-06

Financial Liquidity times 5current ratio 10.43

Current ratio from 2.23 to 10.43; short-term debt falls from €20k to €3k.

2024

09-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

30-06

Financial Back to profitnet €16k

Net result €16k after one loss-making year.

05-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2022

16-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

30-06

Financial Back to profitnet €5k

Net result €5k after one loss-making year.

2021

21-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

30-06

Financial Weakest financial yearnet €-42k ▼2371%

Net result drops to €-42k, the lowest in the series; recovery starts the following year.

19-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

28-01

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

24-11-2023 Resigned as Director

Location & real-estate footprint

Registered office, Hasselt · 1 establishment unit since 2018

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kolonel Dusartplein 13500 Hasselt

Ground area

263 m²

Building footprint

138 m²

Volume, LiDAR

3,158 m³