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KVP CONSTRUCT

Active
Private limited companyfounded 201115 yrs activeNijverheidstraat(D) 13, 8600 Diksmuide, BelgiumKBO/BCE: BE 0837.274.108
Summary

KVP CONSTRUCT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,739 and a net result of -€5,023. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 95% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-26
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
short-term debt: 0% and cash: 2.4% of total assets, and 0% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
100%
Return on assets
-15.3%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,023
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 18-02-2026, 71 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
71 d early
2024
93 d early
2023
88 d early
2022
58 d early
2021
72 d early
2020
84 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 71 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 June 2011, KVP CONSTRUCT was incorporated.1 Total assets went from EUR 136,158 in 2018 to EUR 32,739 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€32,739▼ 13.3%
2024 · €37,762
Total assets
€32,739▼ 13.4%
2024 · €37,787
Net result
-€5,023▼ 183%
2024 · -€1,775
Working capital
€32,739▼ 13.3%
2024 · €37,762
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€1,490▲ 253%€100▼ 93.3%-€257-€1,766▼ 588%-€5,023▼ 184%
Net result€1,455▲ 271%€64▼ 95.6%-€293-€1,775▼ 506%-€5,023▼ 183%
Equity€39,766▲ 3.8%€39,830▲ 0.2%€39,537▼ 0.7%€37,762▼ 4.5%€32,739▼ 13.3%
Total assets€40,737▲ 5.0%€39,848▼ 2.2%€39,558▼ 0.7%€37,787▼ 4.5%€32,739▼ 13.4%
Debt€971▲ 106%€18▼ 98.1%€21▲ 14.8%€25▲ 22.2%€0▼ 100%
Working capital€39,784▲ 3.8%€39,848▲ 0.2%€39,555▼ 0.7%€37,762▼ 4.5%€32,739▼ 13.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0€2,000Operating result 2021: €1,490€1,490Net result 2021: €1,455€1,455Operating result 2022: €100€100Net result 2022: €64€64Operating result 2023: -€257-€257Net result 2023: -€293-€293Operating result 2024: -€1,766-€1,766Net result 2024: -€1,775-€1,775Operating result 2025: -€5,023-€5,023Net result 2025: -€5,023-€5,02320212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€257-€257Net result 2023: -€293-€293Operating result 2024: -€1,766-€1,770Net result 2024: -€1,775-€1,780Operating result 2025: -€5,023-€5,020Net result 2025: -€5,023-€5,020202320242025
The operating result stays negative: a loss of €5,023 in 2025 against €1,766 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
2025 value · change against 2024
Solvency
100.0%▲
2024 · 99.9%
Debt to equity
0.00▼
2024 · 0.00
ROE
-15.3%▼
2024 · -4.7%
ROA
-15.3%▼
2024 · -4.7%
Debt ≤ 1 year
€0▼
2024 · €25
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.9% went bankrupt
9.9% stopped otherwise
88% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,815 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€37,787€32,739▼
Current assets29/58€37,787€32,739▼
Amounts receivable within one year40/41€33,910€31,970▼
Other amounts receivable41€33,910€31,970▼
Cash at bank and in hand54/58€3,877€770▼
Equity and liabilities
Total equity and liabilities10/49€37,787€32,739▼
Equity10/15€37,762€32,739▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1,860€1,860=
Profit (loss) carried forward14€17,302€12,279▼
Amounts payable17/49€25€0▼
Amounts payable within one year42/48€25€0▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€25€0▼
Suppliers440/4€25€0▼
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Other operating charges640/8€1,715€3,108▲
Gross operating margin9900-€51-€1,914▼
Operating profit (loss)9901-€1,766-€5,023▼
Financial charges65/66B€10€0▼
Recurring financial charges65€10€0▼
Profit (loss) for the period before taxes9903-€1,775-€5,023▼
Profit (loss) for the period9904-€1,775-€5,023▼
Profit (loss) for the period to be appropriated9905-€1,775-€5,023▼
Appropriation of the result
Profit (loss) to be appropriated9906€17,302€12,279▼
Profit (loss) brought forward from the previous period14P€19,077€17,302▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€1,253€1,604€1,715€3,108▲ 81.3%
Gross operating margin9900€1,970€1,352€1,347-€51-€1,914▼ 3,652%
Operating profit (loss)9901€1,490€100-€257-€1,766-€5,023▼ 184%
Financial charges65/66B-€36€36€10€0▼ 100%
Recurring financial charges65€35€36€36€10€0▼ 100%
Profit (loss) for the period before taxes9903€1,455€64-€293-€1,775-€5,023▼ 183%
Profit (loss) for the period9904€1,455€64-€293-€1,775-€5,023▼ 183%
Profit (loss) for the period to be appropriated9905€1,455€64-€293-€1,775-€5,023▼ 183%
Line20212022202320242025Change
Assets
Total assets20/58€40,737€39,848€39,558€37,787€32,739▼ 13.4%
Current assets29/58€40,737€39,848€39,558€37,787€32,739▼ 13.4%
Amounts receivable within one year40/41€33,663€34,990€36,838€33,910€31,970▼ 5.7%
Trade receivables40-€0----
Other amounts receivable41-€34,990€36,838€33,910€31,970▼ 5.7%
Cash at bank and in hand54/58€7,073€4,858€2,719€3,877€770▼ 80.2%
Equity and liabilities
Total equity and liabilities10/49€40,737€39,848€39,558€37,787€32,739▼ 13.4%
Equity10/15€39,766€39,830€39,537€37,762€32,739▼ 13.3%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€0--
Reserves not available under the articles1311-€1,860€1,860€0--
Distributable reserves133---€1,860€1,860=
Profit (loss) carried forward14€19,306€19,370€19,077€17,302€12,279▼ 29.0%
Amounts payable17/49€971€18€21€25€0▼ 100%
Amounts payable within one year42/48€953€0€3€25€0▼ 100%
Financial debts43--€3€0--
Credit institutions430/8--€3€0--
Trade debts44€953€0-€25€0▼ 100%
Suppliers440/4-€0-€25€0▼ 100%
Accrued charges and deferred income492/3-€18€18€0--
Line20212022202320242025Change
Profit (loss) for the period9904€1,455€64-€293-€1,775-€5,023▼ 183%
Operating cash flow (approximation)€1,455€64-€293-€1,775-€5,023▼ 183%
Change in cash--€2,216-€2,139€1,157-€3,107▼ 368%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
18-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
27-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
02-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
03-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
17-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Highest result since 2018net €1,455 ▲271%
Operating result €1,490, net result €1,455, both a record.
05-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Back to profitnet €392
Net result €392 after 2 loss-making years.
30-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Liquidity times 304current ratio 422.46
Current ratio from 1.39 to 422.46; short-term debt falls from €98,008 to €90.
25-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
13-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Diksmuide · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
2,482 m²
Building footprint
2,190 m²
Volume, LiDAR
15,520 m³
Parcel 32003D0704/00Z000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KVP CONSTRUCT
Nijverheidstraat(D) 13, 8600 DiksmuideReal estate development
since 20112.202.947.402
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32003D0704/00Z000 Flanders 2,482 m² 1 · 2,190 m² 9.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 7,326 companies in sector 68110 we hold annual accounts for 5,384. 2,941 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-06-2011
Fiscal year end30-09
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68121Development of residential building projects
68122Development of non-residential building projects
68310Real estate agency activities
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0837274108
Registered 05-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.