KVZ Services
ActiveKVZ Services has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €27k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 1887 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
98
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.83 against 2.65 in 2024), and 32.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-06-2025, 136 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
136 d early
2024
128 d early
2023
127 d early
2022
122 d early
2021
122 d early
2020
137 d early
2019
133 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€58k▼ 5.6%
2024 · €62k
2019: €35k
2020: €48k
2021: €59k
2022: €47k
2023: €63k
2024: €62k
2019 → 2025
Total assets
€86k▼ 12.1%
2024 · €98k
2019: €49k
2020: €58k
2021: €77k
2022: €84k
2023: €81k
2024: €98k
2019 → 2025
Net result
€27k▲ 12.7%
2024 · €24k
2019: €21k
2020: €12k
2021: €11k
2022: €7k
2023: €16k
2024: €24k
2019 → 2025
Working capital
€52k▼ 14.6%
2024 · €61k
2019: €31k
2020: €46k
2021: €58k
2022: €45k
2023: €57k
2024: €61k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€47k▼ 19.6%€63k▲ 33.6%€62k▼ 2.3%€58k▼ 5.6%
Operating result€15k-€11k▼ 26.4%€21k▲ 92.2%€22k▲ 5.8%€34k▲ 52.8%
Net result€11k-€7k▼ 33.4%€16k▲ 118%€24k▲ 48.7%€27k▲ 12.7%
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 53% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets
€6k▲ 527%
Current assets
€80k▼ 17.8%
Equity and liabilities €86k
Equity
€58k▼ 5.6%
Debt
€28k▼ 23.0%
The debt ratio falls from 37.4% to 32.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€36k▲
2024 · €26k
Cash flow
€29k▲
2024 · €27k
Solvency
67.3%▲
2024 · 62.6%
Current ratio
2.83▲
2024 · 2.65
Quick ratio
2.83▲
2024 · 2.65
Debt / equity
0.49▼
2024 · 0.60
ROE
45.7%▲
2024 · 38.3%
ROA
30.7%▲
2024 · 24.0%
Interest coverage
400.48▲
2024 · 97.09
Debt
€28k▼
2024 · €37k
Debt ≤ 1 year
€28k▼
2024 · €37k
Income taxes
€7k▲
2024 · €6k
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€98k€86k▼
Fixed assets21/28€1k€6k▲
Tangible fixed assets22/27€1k€6k▲
Leasing and similar rights25€1k€6k▲
Current assets29/58€97k€80k▼
Amounts receivable within one year40/41€16k€12k▼
Trade receivables40€16k€10k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€72k€60k▼
Deferred charges and accrued income490/1€10k€8k▼
Equity and liabilities
Total equity and liabilities10/49€98k€86k▼
Equity10/15€62k€58k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€41k€38k▼
Amounts payable17/49€37k€28k▼
Amounts payable within one year42/48€37k€28k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€1k€3k▲
Taxes450/3€1k€3k▲
Other amounts payable47/48€31k€25k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€965€8k▲
Gross operating margin9900€27k€45k▲
Operating profit (loss)9901€22k€34k▲
Financial income75/76B€7k-
Recurring financial income75€7k-
Non-recurring financial income76B€7k-
Financial charges65/66B€267€91▼
Recurring financial charges65€267€91▼
Profit (loss) for the period before taxes9903€29k€34k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€24k€27k▲
Profit (loss) for the period to be appropriated9905€24k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€66k€68k▲
Profit (loss) brought forward from the previous period14P€43k€41k▼
Profit to be distributed694/7€25k€30k▲
Return on contributions (dividend)694€25k€30k▲
The notes to these accounts (5 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
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €27k ▲12.7%
Operating result €34k, net result €27k, both a record.
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €7k ▼33.4%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Londerzeel · 1 establishment unit since 2017
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.
Kruisheide 171840 LonderzeelGround area
4,223 m²
Building footprint
148 m²
Parcel 23048B0039/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
KVZ Services
since 20172.270.840.967
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23048B0039/00L000 | Flanders | 4,222 m² | 1 · 148 m² | - |
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.
Similar companies · same sector, comparable size
SAFICO
BE 0477.295.824
Zulte · Eq €58k
EURO BELGA
BE 0597.930.269
Elsene · Eq €58k
VEMONTRA
BE 0883.700.682
Hamont-Achel · Eq €58k
INNOVATION BUILDING
BE 0784.213.524
Asse · Eq €58k
GDJ Services
BE 0723.858.738
Pepinster · Eq €58k
Of 3,989 companies in sector 25110 we hold annual accounts for 2,148. 1,468 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2017
Fiscal year end31-03
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25530Machining of metals
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.