Equity
€227,567 ▲ 40.1%
Equity rose in 2025 from €162,454 to €227,567.
KVDV Technics
Lifetime
13 annual accounts with figures on one time axispeak €183,887 (2019)
€100,182▲ 39.6%
lowest -€105,892 (2021)
€65,113▲ 28.2%
peak €227,567 (2025)
€227,567▲ 40.1%
€286,942▼ 42.1%
peak 4.1 FTE (2019)
-not published
Board1 name since 2025
1 directorZWEDEN04 BVBA
Owners
100%ZWEDEN04
Documentsfilings and deeds
27-03-202634 days before the deadline
2025micro format
Gross margin from €71,766 to €100,182Result from €50,795 to €65,113Equity from €162,454 to €227,567Debts from €495,576 to €286,942Cash from €82,762 to €48,912
Key points
from the 2025 annual accountsTurnover
≈ €300,000 estimated
The accounts state no turnover.
Liquidity
3.70 was 1.96 in 2024
Short-term debts fell from €310,842 to €127,256.
Filings
13 annual accounts since 2013
Seven of the last ten came late. The 2023 accounts came latest: 426 days after the end of the period.
At the same address
5 companies
Position in the sector
€65,113
Higher net result than 90% of companies in specialised construction. Sector median €10,189 · 35,113 companies.
Checked score
83
Excellent
Financially stronger than 61% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 6.2%
01-2025: 5.7%▼ -0.5 percentage points vs 12-2024
02-2025: 5.7%● unchanged vs 01-2025
03-2025: 5.7%● unchanged vs 02-2025
04-2025: 5.7%● unchanged vs 03-2025
05-2025: 7.4%▲ +1.7 percentage points vs 04-2025
06-2025: 8.5%▲ +1.1 percentage points vs 05-2025highest value
07-2025: 5.2%▼ -3.3 percentage points vs 06-2025
08-2025: 0.7%▼ -4.5 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.8%▲ +0.1 percentage points vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.5%▼ -0.3 percentage points vs 03-2026lowest value
05-2026: 0.5%● unchanged vs 04-2026lowest value
06-2026: 0.5%● unchanged vs 05-2026lowest value
07-2026: 0.5%● unchanged vs 06-2026lowest value
08-2026: 0.5%● unchanged vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
2 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
2 establishment units
lowers risk
Founded in 2012
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 47% of them on solvency, 48% on liquidity, 68% on profitability and 79% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as KVDV Technics has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of KVDV Technics itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,811 companies, not a prediction for KVDV Technics. 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 of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.7 (1.96 in 2024), above the usual 1.5. Short-term debt is 24.7% and cash 9.5% of total assets. However, 55.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 days early
2024
90 days late
2023
426 days late
2022
3 days late
2021
236 days late
2020
292 days late
2019
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 149 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 146 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0849256180
New establishment in Evergem
KVDV TECHNICS BURELEN EN MAGAZIJN, Noorwegenstraat 51
First establishment
Spiegelstraat 4, Evergem
Incorporation
published on 12-10-2012 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KVDV Technics Evergem | €514,509 | €100,182 | 44.2% | - |
| Electro Buyle Merelbeke-Melle | €458,956 | €92,826 | 44.2% | - |
| KDK SOLUTIONS Dendermonde | €572,068 | €87,321 | 50.5% | - |
| RS TECHNIEK Bilzen-Hoeselt | €494,616 | €91,321 | 37.4% | - |
| RF PROJECTS Waregem | €542,114 | €90,575 | 14.0% | - |
| CIJO Veurne | €491,062 | €91,998 | 21.9% | - |
| DPW-SOLUTION Harelbeke | €520,633 | €110,825 | 23.9% | - |
These companies have the same main activity as KVDV Technics: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €459,000 and €572,000, founded between 2012 and 2013.
Official details
Source: KBO- Status
- Active since 27-09-2012Normal situation
- Activity
- General electrical installation workNACE 43211and 5 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 149.01Electricians: installation and distribution · annual accounts 30-09-2022
- Establishment units
- 2.213.261.1739940 Evergem, since 03-10-2012
- 2.236.625.7039940 Evergem, since 01-04-2014
- Financial year end
- 30 September
- Peppol
- Reachable since 16-09-2025
Annual accounts to 30-09-2025
- €514,509▼ 21.8%
- Filing
- Filed on 27-03-2026, 34 days before the end of the filing period
Insights on KVDV Technics
KVDV Technics files the micro format. That format states no turnover. The gross margin rose from €29,656 in 2013 to €100,182 in 2025.
ZWEDEN04 holds all the shares.
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 KVDV Technics
- What is the company number of KVDV Technics?
- The company number of KVDV Technics is 0849.256.180. The VAT number is the same number with BE in front: BE 0849.256.180.
- Where is KVDV Technics based?
- The registered office is at Spiegelstraat 4, 9940 Evergem.Company details
- What does KVDV Technics do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of KVDV Technics?
- KVDV Technics is a private limited company (pre-2019) (BVBA).
- When was KVDV Technics founded?
- KVDV Technics was founded on 27-09-2012.
- Is KVDV Technics still active?
- Yes, KVDV Technics is an active enterprise in the KBO register.
- How many employees does KVDV Technics have?
- KVDV Technics had an average of 0.9 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does KVDV Technics fall under?
- In its 30-09-2022 annual accounts, KVDV Technics states joint committees 200 (Auxiliary committee for white-collar workers) and 149.01 (Electricians: installation and distribution).
- What is the turnover of KVDV Technics?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €100,182 and 38 comparable companies (NACE 43211). It probably lies between €200,000 and €370,000.
- Is KVDV Technics profitable?
- In financial year 2025, KVDV Technics made a profit of €65,113.
- Where can I find the annual accounts of KVDV Technics?
- KVDV Technics filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KVDV Technics due?
- KVDV Technics must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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