KVP TRADING
ActiveKVP TRADING has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €8k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 43% of 639 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71=
Solvency58▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.02 in 2024; short-term debt: 50.8% and cash: 0.3% of total assets), and 67.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.8%
Return on assets
2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
22 d late
2023
28 d late
2022
24 d late
2021
89 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€127k▲ 6.4%
2024 · €119k
2018: €44k
2019: €62k
2020: €78k
2021: €99k
2022: €104k
2023: €112k
2024: €119k
2018 → 2025
Total assets
€387k▲ 0.8%
2024 · €384k
2018: €388k
2019: €388k
2020: €390k
2021: €401k
2022: €391k
2023: €391k
2024: €384k
2018 → 2025
Net result
€8k▲ 3.2%
2024 · €7k
2018: €9k
2019: €18k
2020: €17k
2021: €20k
2022: €5k
2023: €8k
2024: €7k
2018 → 2025
Working capital
€-188k▲ 4.3%
2024 · €-197k
2018: €-214k
2019: €-212k
2020: €-209k
2021: €-199k
2022: €-214k
2023: €-205k
2024: €-197k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€104k▲ 5.4%€112k▲ 7.4%€119k▲ 6.6%€127k▲ 6.4%
Operating result€30k-€8k▼ 73.4%€11k▲ 40.8%€12k▲ 3.6%€12k▲ 0.8%
Net result€20k-€5k▼ 73.6%€8k▲ 44.2%€7k▼ 4.5%€8k▲ 3.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €387k
Fixed assets
€379k=
Current assets
€8k▲ 66.8%
Equity and liabilities €387k
Equity
€127k▲ 6.4%
Debt
€260k▼ 1.7%
The debt ratio falls from 68.9% to 67.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▲
2024 · €12k
Cash flow
€8k▲
2024 · €7k
Solvency
32.8%▲
2024 · 31.1%
Current ratio
0.04▲
2024 · 0.02
Quick ratio
0.04▲
2024 · 0.02
Debt / equity
2.05▼
2024 · 2.22
ROE
6.0%▼
2024 · 6.2%
ROA
2.0%▲
2024 · 1.9%
Interest coverage
13.84▲
2024 · 13.20
Debt
€260k▼
2024 · €264k
Debt ≤ 1 year
€196k▼
2024 · €202k
Debt > 1 year
€64k▲
2024 · €63k
Income taxes
€3k▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€384k€387k▲
Fixed assets21/28€379k€379k=
Tangible fixed assets22/27€709€667▼
Plant, machinery and equipment23€709€667▼
Financial fixed assets28€378k€378k=
Current assets29/58€5k€8k▲
Amounts receivable within one year40/41€933€7k▲
Trade receivables40€590€7k▲
Other amounts receivable41€344-
Cash at bank and in hand54/58€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€384k€387k▲
Equity10/15€119k€127k▲
Contributions10/11€12k€12k=
Reserves13€107k€114k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€105k€113k▲
Profit (loss) carried forward14€1€5▲
Amounts payable17/49€264k€260k▼
Amounts payable after more than one year17€63k€64k▲
Financial debts170/4€63k€64k▲
Amounts payable within one year42/48€202k€196k▼
Trade debts44€909€1k▲
Suppliers440/4€909€1k▲
Taxes, remuneration and social security45€6k€9k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€194k€187k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42€42=
Other operating charges640/8€1k€520▼
Gross operating margin9900€14k€12k▼
Operating profit (loss)9901€12k€12k▲
Financial charges65/66B€874€841▼
Recurring financial charges65€874€841▼
Profit (loss) for the period before taxes9903€11k€11k▲
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€7k€8k▲
Profit (loss) for the period to be appropriated9905€7k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€8k▲
Profit (loss) brought forward from the previous period14P€21€1▼
Transfer to equity691/2€7k€8k▲
To other reserves6921€7k€8k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet €5k ▼73.6%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €104k ▲5.4%
5 profitable years in a row build equity to €104k.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial
Highest result since 2018net €20k ▲17.1%
Operating result €30k, net result €20k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Malle · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ambachtsstraat 662390 MalleGround area
6,322 m²
Building footprint
3,202 m²
Volume, LiDAR
25,633 m³
Parcel 11049B0064/00T000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KVP TRADING
since 20152.238.308.652
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049B0064/00T000 | Flanders | 6,322 m² | 1 · 3,202 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,526 companies in sector 32123 we hold annual accounts for 225. 181 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-01-2015
Fiscal year end31-12
Activities, NACEBEL
32123Manufacture of jewellery
47770Retail sale of watches and jewellery
68110Buying and selling of own real estate
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
95250Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.