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KVL

Active Private limited companyfounded 2018active for 8 yearsHoekweg 12, 2990 WuustwezelKBO/BCE: BE 0692.595.737

Lifetime

7 annual accounts with figures on one time axis
peak €177,511 (2024)
€150,247▼ 15.4%
peak €36,815 (2022)
€29,903▲ 77.5%
peak €143,787 (2025)
€143,787▲ 26.3%
€109,055▼ 22.4%
peak 1.3 FTE (2020)
-not published
Board2 names since 2018
1 director
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €177,511 to €150,247Result from €16,843 to €29,903Equity from €113,884 to €143,787Debts from €140,511 to €109,055

Key points

from the 2025 annual accounts

Equity

€143,787 ▲ 26.3%

KVL has made a profit in every financial year since 2019.

Turnover

≈ €490,000 estimated

The micro format states no turnover.

Investments

€64,631 2.3 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 27.3% higher than in 2024.

Liquidity

2.56 was 1.39 in 2024

Short-term debts fell from €82,904 to €44,662.

Filings

7 annual accounts 3 late
AprilJune31 JulyOctober202020222024

The 2024 accounts came latest: 27 days after the end of the period.

Position in the sector

€143,787

More equity than 80% of companies in construction of buildings. Sector median €45,781 · 10,155 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as KVL has now. Each dot stands for 68 companies, two years later.

94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,973 companies, not a prediction for KVL. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 15-03-2018
  • 50 sharesdeed of 19-03-2018
  • 50 sharesdeed of 19-03-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0692595737
Capital conversion Gazette deed
Change of role: , from manager to director Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: (manager) · General meeting of 23-07-2019 · Gazette deed
Resignation: (manager) Director discharge: · General meeting of 28-05-2018 · Gazette deed
All 16 events

Comparable companies

same main activity, similar in size and age
Company
KVL Wuustwezel €252,842 €150,247 56.9% -
excacon. Geel €244,942 €155,280 60.4% -
ARI-THERM Willebroek €256,877 €157,354 69.5% -
SORDO CONSTRUCTIE Antwerp €260,011 €134,235 30.3% -
DBB CONSTRUCT Heist-op-den-Berg €202,533 €155,431 59.8% -
Vemo Bouwonderneming Zandhoven €200,329 €163,754 32.6% -
Bouwwerken Gio Heist-op-den-Berg €324,248 €152,390 7.6% 2.4

These companies have the same main activity as KVL: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €200,000 and €324,000, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 15-03-2018Normal situation
Activity
General construction of residential buildingsNACE 41001and 2 others
Joint committee
124Construction · annual accounts 2025
Establishment unit
2.273.866.3772990 Wuustwezel, since 15-03-2018
Financial year end
31 December
Peppol
Reachable since 30-10-2023
Company details

Annual accounts 2025

€252,842▼ 0.6%
Employeeson 31-12-2025
0▼ 100%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on KVL

KVL files the micro format. That format states no turnover. The gross margin rose from €70,214 in 2019 to €150,247 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 KVL

What is the company number of KVL?
The company number of KVL is 0692.595.737. The VAT number is the same number with BE in front: BE 0692.595.737.
Where is KVL based?
The registered office is at Hoekweg 12, 2990 Wuustwezel.Company details
What does KVL do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of KVL?
KVL is a private limited company (BV).
When was KVL founded?
KVL was founded on 15-03-2018.
Is KVL still active?
Yes, KVL is an active enterprise in the KBO register.
How many employees does KVL have?
KVL had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does KVL fall under?
In its 2025 annual accounts, KVL states joint committee 124 (Construction).
What is the turnover of KVL?
The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €150,247 and 97 comparable companies (NACE 41001). It probably lies between €350,000 and €760,000.
Is KVL profitable?
In financial year 2025, KVL made a profit of €29,903.
Where can I find the annual accounts of KVL?
KVL filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KVL due?
KVL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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