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KVZ

Active
Private limited companyfounded 2016active for 10 yearsKoolsveldlaan 48, 2110 Wijnegem, BelgiumKBO/BCE: BE 0646.771.353
Summary

The computed 12-month bankruptcy probability of KVZ is 2.8% (moderate). The 2025 annual accounts show negative equity (-€13,353) and a net result of -€1,269. Equity has been shrinking by about 22% per year since 2018. Its solvency ranks better than 7% of 5,879 sector peers (NACE 49, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 19-01-2016 Normal situation
Activity
Freight transport by road NACE 49410
Establishment units
2.249.473.550 2100 Antwerpen, since 19-01-2016
2.351.972.955 2110 Wijnegem, since 01-11-2023
Financial year end
31 December
Peppol
Reachable since 11-12-2025

Board and ownership

Board

Financial position

49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Annual accounts 2025
Gross margin
€5,803
Turnover
≈ €49,000
estimated
Loss
€1,269
▼ 96.0%
Equity
-€13,353
▼ 10.5%
Total assets
€26,389
▼ 8.2%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)Last filed accounts filed 31 days late; 2 of the last 3 accounts lateNegative equity -€13,353lowers riskSize: total assets €26,389Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 20% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -50.6% of total assets
Liquidity 16-1
short-term debt 150.6% · cash 12.8%
Profitability 63+63
return on assets -4.8%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.5%▼ -0.1 percentage points vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.6%▲ +0.1 percentage points vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.5%▼ -0.1 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025lowest value 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 2.2%▲ +0.7 percentage points vs 07-2025 09-2025: 3.9%▲ +1.7 percentage points vs 08-2025 10-2025: 3.9%● unchanged vs 09-2025 11-2025: 3.9%● unchanged vs 10-2025 12-2025: 3.9%● unchanged vs 11-2025 01-2026: 3.9%● unchanged vs 12-2025 02-2026: 3.9%● unchanged vs 01-2026 03-2026: 3.8%▼ -0.1 percentage points vs 02-2026 04-2026: 3.8%● unchanged vs 03-2026 05-2026: 3.8%● unchanged vs 04-2026 06-2026: 3.7%▼ -0.1 percentage points vs 05-2026 07-2026: 3.7%● unchanged vs 06-2026 08-2026: 4.2%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 2.8%▼ -1.4 percentage points vs 08-2026 10-2026: 2.8%● unchanged vs 09-2026 11-2026: 2.8%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.42 (0.31 in 2024), below 1. Short-term debt is 150.6% and cash 12.8% of total assets. Equity is negative.
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 49, micro). It does better than 5% of them on solvency, 14% on liquidity, 34% on profitability and 26% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €26,389
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€13,353
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€13,353
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
24 days late
2023
31 days late
2022
31 days early
2021
27 days early
2020
2 days early
2019
31 days early
← 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 1 day before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% 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 24 August (4 of the last 5 accounts filed within 51 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€13,353 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€1,269 View
  • Caution: Lower solvency than 92% of companies in land transportsector median 37.7% · 5,879 companies -50.6% View

Recent changes

  1. · Gazette deed Resignation: DIKINOV Ruslan (director)Reappointment: DIKINOV Ruslan (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as KVZ: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €20,400 and €32,600, founded between 2011 and 2017.

CompanyTotal assetsGross margin
KVZ Wijnegem€26,389€5,803
ASKANDR Brussel€28,420€5,235
SERT TRANS Sint-Pieters-Leeuw€21,136€6,351
QV transport Antwerpen€25,745€3,239
Ten Dycke Schilde€29,132€3,771
DPSB s.c.s. Jalhay€20,426€7,108
Naheed Beringen€32,645€4,623
Full comparison

Key facts about KVZ

What is the company number of KVZ?
The company number of KVZ is 0646.771.353. The VAT number is the same number with BE in front: BE 0646.771.353.
Where is KVZ based?
The registered office is at Koolsveldlaan 48, 2110 Wijnegem.Company details
What does KVZ do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of KVZ?
The legal form of KVZ is Private limited company (BV).
When was KVZ founded?
KVZ was founded on 19-01-2016.
Is KVZ still active?
Yes, KVZ is an active enterprise in the KBO register.
What is the turnover of KVZ?
The turnover in financial year 2025 is ≈ €49,000. This figure is estimated from the gross margin of €5,803 and 67 comparable companies (NACE 49410). It probably lies between €24,000 and €81,000. It is a rough estimate.Financials
Is KVZ profitable?
In financial year 2025, KVZ made a loss of €1,269.
Where can I find the annual accounts of KVZ?
KVZ filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KVZ due?
KVZ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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