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KVM Laswerken

Active Private limited companyfounded 2023active for 2 yearsOudelijns 11, 2381 RavelsKBO/BCE: BE 1002.516.180

Lifetime

2 annual accounts with figures on one time axis
peak €144,277 (2024)
€86,639▼ 39.9%
peak €47,953 (2024)
€23,740▼ 50.5%
peak €76,693 (2025)
€76,693▲ 44.8%
€387,589▼ 5.7%
Board1 name since 2023
1 director
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Gross margin from €144,277 to €86,639Result from €47,953 to €23,740Registered office moved from Turnhout to Ravels 14-03Equity from €52,953 to €76,693Cash from €5,163 to €33,344

Key points

from the 2025 annual accounts

Turnover

≈ €390,000 estimated

The abbreviated format states no turnover.

Debts

€387,589 83% of the balance sheet
Financial debts 69%Suppliers 10%Taxes and wages 3%Other 18%

Of this, €122,027 falls due within a year.

Position in the sector

16.5%

Lower solvency than 83% of companies in specialised construction. Sector median 43.1% · 9,273 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,603 companies had the same profile as KVM Laswerken has now. Each dot stands for 5 companies, two years later.

96.4%
were still trading
1.1%
stopped another way
2.3%
went bankrupt
  • Small
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% 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 1,603 companies, not a prediction for KVM Laswerken. 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
  • founderdeed of 23-11-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1002516180
Registered office moved from Turnhout to Ravels New registered office: Oudelijns 11, 2381 Ravels · Previous registered office: Aposteliekenstraat 64, 2300 Turnhout · General meeting of 18-10-2024 · Gazette deed
Incorporation Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 23-11-2023 · Gazette deed
First establishment Oudelijns 11, Ravels
All 6 events

Comparable companies

same main activity, similar in size and age
Company
KVM Laswerken Ravels €464,282 €86,639 16.5% -
CS Projecten Ranst €449,165 €80,543 -27.7% -
Schreinerei Braun Eupen €487,565 €73,208 11.3% -
ROCKBUILD Brussels €528,298 €80,025 74.8% -
Timber Construct Blegny €411,654 €91,241 19.7% -
DECRAENE Menen €431,674 €94,913 20.4% -
Menuiserie Andréa Costa Verviers €539,687 €83,817 -9.8% -

These companies have the same main activity as KVM Laswerken: joinery installation (NACE 43320). They are comparable in size and age: total assets between €412,000 and €540,000, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 21-11-2023Normal situation
Activity
Joinery installationNACE 43320and 3 others
Establishment unit
2.352.135.7762381 Ravels, since 21-11-2023
Financial year end
31 December
Peppol
Reachable since 12-05-2025
Company details

Annual accounts 2025

€464,282▲ 0.1%
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on KVM Laswerken

The 2025 annual accounts show equity of €76,693 and a net result of €23,740. Its solvency ranks better than 17% of 9,273 sector peers (NACE 43, financial year 2025).

The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

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 KVM Laswerken

What is the company number of KVM Laswerken?
The company number of KVM Laswerken is 1002.516.180. The VAT number is the same number with BE in front: BE 1002.516.180.
Where is KVM Laswerken based?
The registered office is at Oudelijns 11, 2381 Ravels.Company details
What does KVM Laswerken do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of KVM Laswerken?
KVM Laswerken is a private limited company (BV).
When was KVM Laswerken founded?
KVM Laswerken was founded on 21-11-2023.
Is KVM Laswerken still active?
Yes, KVM Laswerken is an active enterprise in the KBO register.
What is the turnover of KVM Laswerken?
The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €86,639 and 49 comparable companies (NACE 43320). It probably lies between €260,000 and €540,000.Financials
Is KVM Laswerken profitable?
In financial year 2025, KVM Laswerken made a profit of €23,740.
Where can I find the annual accounts of KVM Laswerken?
KVM Laswerken filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KVM Laswerken due?
KVM Laswerken must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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