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KVG KARWEIWERKEN

Active
Private limited companyfounded 2010active for 15 yearsKwaad Einde 2, 2390 Malle, BelgiumKBO/BCE: BE 0831.708.781
Summary

KVG KARWEIWERKEN has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €226,631 and a net result of €28,267. Equity has been growing by about 9.8% per year since 2018. Its solvency ranks better than 67% of 9,380 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-11-2010 Normal situation
Activity
General construction of residential buildings NACE 41001and 4 others
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2024
Establishment unit
2.194.467.622 2390 Malle, since 29-11-2010
Financial year end
31 December
Peppol
Reachable since 30-06-2025

Board and ownership

Board
  • VAN GIEL KristofDirector · since 29-11-2010
  • Van Giel WalterDirector · since 01-03-2021

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€90,006
▼ 49.6%
Turnover
≈ €470,000
estimated
Profit
€28,267
▼ 51.0%
Equity
€226,631
▲ 3.1%
Total assets
€382,210
▲ 1.2%
Staff
≈ 0 FTE
estimated
Filed on 10-07-2026, 21 days before the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 3.49, cash €123,375Founded in 2010Equity €226,631 (59.3% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency 84+1
equity 59.3% of total assets
Liquidity 87-4
short-term debt 14.7% · cash 32.3%
Profitability 78-10
return on assets 7.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.49 (4.26 in 2024), above the usual 1.5. Short-term debt is 14.7% and cash 32.3% of total assets. 40.7% of the assets are financed with debt and provisions.
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 41, micro). It does better than 68% of them on solvency, 89% on liquidity, 57% on profitability and 43% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 3.49, cash €123,375
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €226,631 (59.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 days early
2024
8 days early
2023
23 days early
2022
41 days early
2021
34 days early
2020
5 days early
2019
on the day
← 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 19 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 89% of companies in construction of buildingssector median €45,645 · 9,383 companies €226,631 View
  • Positive: 8 profitable years in a rowprofit 2025: €28,267 8 years View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Comparable companies

These companies have the same main activity as KVG KARWEIWERKEN: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €319,000 and €407,000, founded between 2008 and 2011.

CompanyTotal assetsGross margin
KVG KARWEIWERKEN Malle€382,210€90,006
DIPA GROUP Willebroek€404,684€85,287
EUPHOBERIA Brasschaat€348,604€82,159
MDS CONSTRUCT Willebroek€336,999€108,241
BOUWBEDRIJF DEN BOLLE Kasterlee€407,327€77,591
KOEN DE GRYSE Kalmthout€320,947€76,484
CORDIER CONSTRUCT Geel€319,194€78,502
Full comparison

Key facts about KVG KARWEIWERKEN

What is the company number of KVG KARWEIWERKEN?
The company number of KVG KARWEIWERKEN is 0831.708.781. The VAT number is the same number with BE in front: BE 0831.708.781.
Where is KVG KARWEIWERKEN based?
The registered office is at Kwaad Einde 2, 2390 Malle.Company details
What does KVG KARWEIWERKEN do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of KVG KARWEIWERKEN?
The legal form of KVG KARWEIWERKEN is Private limited company (BV).
When was KVG KARWEIWERKEN founded?
KVG KARWEIWERKEN was founded on 29-11-2010.
Is KVG KARWEIWERKEN still active?
Yes, KVG KARWEIWERKEN is an active enterprise in the KBO register.
How many employees does KVG KARWEIWERKEN have?
KVG KARWEIWERKEN had an average of 0.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does KVG KARWEIWERKEN fall under?
In its 2024 annual accounts, KVG KARWEIWERKEN states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of KVG KARWEIWERKEN?
The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €90,006 and 107 comparable companies (NACE 41001). It probably lies between €330,000 and €830,000.
Is KVG KARWEIWERKEN profitable?
In financial year 2025, KVG KARWEIWERKEN made a profit of €28,267.
Where can I find the annual accounts of KVG KARWEIWERKEN?
KVG KARWEIWERKEN filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KVG KARWEIWERKEN due?
KVG KARWEIWERKEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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