Overdue debts
€5,030 on 31-12-2025
The annual accounts state €5,030 of overdue social security (RSZ) debts on 31-12-2025.
KVE Systems
Lifetime
17 annual accounts with figures on one time axispeak €524,472 (2023)
-€23,634▼ €486,995
lowest -€344,113 (2025)
-€344,113▼ €346,621
peak €522,884 (2021)
€3,797▼ 98.9%
€778,721▲ 29.3%
peak 8.7 FTE (2023)
4.4 FTE▼ 33.3%
Board2 names since 2021
1 director
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Gross margin from €463,360 to -€23,634Loss of €344,113Staff from 6.6 FTE to 4.4 FTEEquity from €347,910 to €3,797Debts from €602,313 to €778,721Investments €100,354
Key points
from the 2025 annual accountsEquity
€3,797 from €522,884 in 2021
Equity fell by 99% in 4 years.
Debts
€778,721 100% of the balance sheet
Financial debts 4%Suppliers 40%Taxes and wages 8%Other 48%
Of this, €744,472 falls due within a year.
Investments
€100,354 2.6 × depreciation
Green is investment, beige is depreciation.
Staff
4.4 FTE from 8.7 in 2023
Between 2023 and 2025, 49% of the full-time equivalents disappeared.
Position in the sector
-€344,113
Lower net result than 95% of companies in specialised construction. Sector median €38,600 · 9,275 companies.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 642 companies had the same profile as KVE Systems has now. Each dot stands for 2 companies, two years later.
89.9%
were still trading
5.5%
stopped another way
3.6%
went bankrupt
Another 1.1% stopped without a precise date, possibly only after those two years.
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 642 companies, not a prediction for KVE Systems. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0808737696
1 director appointed, 1 resignation, 1 reappointment
Resignation: (director) · Reappointment: (director) · Appointment: (successor director) · Gazette deed
Registered office moved from Mol to Balen
New registered office: Poeierstraat 13, 2490 Balen · Previous registered office: Korte Heistraat 39, 2400 Mol · Board meeting of 27-09-2021 · Gazette deed
Incorporation
published on 08-01-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KVE Systems Balen | €782,519 | -€23,634 | 0.5% | 4.4 |
| ALGEMENE ELECTRICITEITSWERKEN KAREL KALDERS Dilsen-Stokkem | €486,558 | -€105,172 | -78.7% | 5.2 |
| SERVAIS INDUSTRY Saint-Nicolas | €528,902 | -€221,704 | -188.6% | 7.9 |
| DESMET ELEKTRO Ledegem | €671,944 | -€11,642 | 36.7% | 2.9 |
| EGS PROJECTS Oudsbergen | €348,629 | -€134,433 | -137.4% | 5 |
| D'Heedene Solar Tienen | €799,856 | -€33,049 | 71.3% | - |
| PR SOLUTIONS Bruges | €485,422 | -€426,597 | -52.1% | 2.1 |
These companies have the same main activity as KVE Systems: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €349,000 and €800,000, founded between 1994 and 2019.
Official details
Source: KBO- Status
- Active since 24-12-2008Normal situation
- Activity
- General electrical installation workNACE 43211
- Joint committee
- 149Sectors related to metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.177.715.7222490 Balen, since 24-12-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Annual accounts 2025
- €782,519▼ 17.6%
- Employeeson 31-12-2025
- 5▲ 150%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on KVE Systems
KVE Systems files the abbreviated format. That format states no turnover. The gross margin fell from €93,494 in 2009 to -€23,634 in 2025.
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 KVE Systems
- What is the company number of KVE Systems?
- The company number of KVE Systems is 0808.737.696. The VAT number is the same number with BE in front: BE 0808.737.696.
- Where is KVE Systems based?
- The registered office is at Poeierstraat 13, 2490 Balen.Company details
- What does KVE Systems do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of KVE Systems?
- KVE Systems is a private limited company (BV).
- When was KVE Systems founded?
- KVE Systems was founded on 24-12-2008.
- Is KVE Systems still active?
- Yes, KVE Systems is an active enterprise in the KBO register.
- How many employees does KVE Systems have?
- KVE Systems had an average of 4.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KVE Systems fall under?
- In its 2025 annual accounts, KVE Systems states joint committee 149 (Sectors related to metal, mechanical and electrical engineering).
- What is the turnover of KVE Systems?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is KVE Systems profitable?
- In financial year 2025, KVE Systems made a loss of €344,113.
- Where can I find the annual accounts of KVE Systems?
- KVE Systems filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KVE Systems due?
- KVE Systems must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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