Kanvaz
0400.974.442 · rovalta.com · 23/09/2026
ACTIVE
Kanvaz
Financial year 2025 · closed on 31/12/2025
Net result
-3,1 M €
-58.6% YoY
Revenue
20,1 M €
+4.7% YoY
Equity
76,1 M €
+1.8% YoY
Workforce
74,0 ETP
+13.8% YoY
Overview
What does Kanvaz do?
Kanvaz is a Private limited company incorporated in 1922. Its registered office is in Tienen. It employs on average 74,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0400.974.442
Incorporation
20/04/1922
Legal form
Private limited company
Registered office
Menegaard 21
3300 Tienen · FlandreSee on map
3300 Tienen · FlandreSee on map
Contributed capital
71 017,00 €
Latest accounts
31/12/2025
Average workforce
74,0 ETP
Joint committees (1)
- 339
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 20,1 M € | +4.7% | 19,2 M € | +8.1% | 17,8 M € | +127% | 7,8 M € | +9.2% | 7,2 M € | +1.4% | 7,1 M € | -20.3% | 8,9 M € | +279% | 2,3 M € | +0.2% | 2,3 M € | +5.4% | 2,2 M € | +0.1% | 2,2 M € | +0.8% | 2,2 M € | +1.2% | 2,2 M € | +7.0% | 2 M € | +3.3% | 2 M € | -0.8% | 2 M € | +6.2% | 1,9 M € | +8.8% | 1,7 M € | +20.4% | 1,4 M € |
| EBITDA | 4,8 M € | +0.7% | 4,7 M € | -21.7% | 6,1 M € | +39.1% | 4,4 M € | -6.0% | 4,6 M € | -0.7% | 4,7 M € | +11.3% | 4,2 M € | +184% | 1,5 M € | +22.5% | 1,2 M € | -13.0% | 1,4 M € | +4.8% | 1,3 M € | -2.3% | 1,4 M € | +8.2% | 1,3 M € | +5.0% | 1,2 M € | +2.2% | 1,2 M € | -6.7% | 1,3 M € | +46.5% | 853,2 k € | +28.0% | 666,6 k € | +216% | 211 k € |
| Operating result | -3,3 M € | -67.2% | -2 M € | -67.7% | -1,2 M € | -280% | 655,3 k € | -49.4% | 1,3 M € | -15.6% | 1,5 M € | +19.9% | 1,3 M € | +180% | 458 k € | +94.1% | 236 k € | -62.2% | 624,9 k € | +13.4% | 551,1 k € | -10.9% | 618,5 k € | +21.7% | 508 k € | +0.7% | 504,4 k € | -4.6% | 528,4 k € | -13.6% | 611,6 k € | +149% | 246,1 k € | +86.0% | 132,3 k € | +291% | -69,2 k € |
| Net result | -3,1 M € | -58.6% | -2 M € | -30.9% | -1,5 M € | -1009% | -135,6 k € | -131% | 443,3 k € | -31.1% | 643,2 k € | +39.7% | 460,5 k € | +733% | 55,3 k € | +150% | -110,9 k € | -155% | 200,8 k € | -85.3% | 1,4 M € | +581% | 200,3 k € | +94.3% | 103,1 k € | -42.4% | 178,8 k € | -48.9% | 349,7 k € | +57.4% | 222,3 k € | +232% | -169 k € | +25.1% | -225,6 k € | -94.5% | -116 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 76,1 M € | +1.8% | 74,7 M € | +5.8% | 70,6 M € | +158% | 27,4 M € | -2.4% | 28,1 M € | +4.8% | 26,8 M € | +1.2% | 26,5 M € | +191% | 9,1 M € | -1.0% | 9,2 M € | -2.9% | 9,4 M € | +0.6% | 9,4 M € | +18.7% | 7,9 M € | +0.7% | 7,8 M € | -0.5% | 7,9 M € | +0.5% | 7,8 M € | +4.8% | 7,5 M € | +1.2% | 7,4 M € | -5.0% | 7,8 M € | -3.6% | 8,1 M € |
| Total assets | 358,5 M € | +3.9% | 344,9 M € | +4.8% | 329,2 M € | +113% | 154,3 M € | +1.7% | 151,7 M € | +5.2% | 144,3 M € | +3.8% | 139 M € | +202% | 46 M € | +4.8% | 43,9 M € | +5.5% | 41,6 M € | +2.8% | 40,5 M € | +12.5% | 36 M € | +3.9% | 34,6 M € | +0.9% | 34,3 M € | +1.0% | 34 M € | +2.3% | 33,2 M € | +1.0% | 32,9 M € | +0.5% | 32,7 M € | +5.1% | 31,1 M € |
| Cash | 4,8 M € | -19.7% | 6 M € | -25.1% | 8,1 M € | +270% | 2,2 M € | -32.8% | 3,2 M € | -23.3% | 4,2 M € | -1.8% | 4,3 M € | +167% | 1,6 M € | -14.4% | 1,9 M € | +10.9% | 1,7 M € | +52.1% | 1,1 M € | +503% | 185,6 k € | -12.4% | 211,9 k € | +248% | 61 k € | +22.3% | 49,9 k € | +12.5% | 44,3 k € | +4.5% | 42,4 k € | -26.1% | 57,4 k € | -91.6% | 680,8 k € |
| Debts | 278,7 M € | +4.4% | 266,9 M € | +4.7% | 254,9 M € | +103% | 125,3 M € | +2.7% | 121,9 M € | +5.2% | 115,9 M € | +4.3% | 111,1 M € | +205% | 36,4 M € | +6.4% | 34,2 M € | +8.1% | 31,7 M € | +4.1% | 30,4 M € | +10.9% | 27,4 M € | +5.0% | 26,1 M € | +1.7% | 25,7 M € | +1.4% | 25,3 M € | +1.5% | 25 M € | +1.3% | 24,6 M € | +2.3% | 24,1 M € | +8.0% | 22,3 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 74,0 ETP | +13.8% | 65,0 ETP | +34.0% | 48,5 ETP | +169% | 18,0 ETP | +6.5% | 16,9 ETP | -1.2% | 17,1 ETP | 0.0% | 17,1 ETP | +185% | 6,0 ETP | +13.2% | 5,3 ETP | -13.1% | 6,1 ETP | +1.7% | 6,0 ETP | +9.1% | 5,5 ETP | -17.9% | 6,7 ETP | -20.2% | 8,4 ETP | +2.4% | 8,2 ETP | -2.4% | 8,4 ETP | +2.4% | 8,2 ETP | +2.5% | 8,0 ETP | 0.0% | 8,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 45 active · 188 ended
Active mandates
Albert Volders
ActiveAnn Danckers
ActiveDiane Williams
ActiveEva Prouvé
ActiveGilbert Pex
ActiveGuy Dumst
ActiveHans Eyssen
ActiveLieve De Bondt
ActiveManuela Vervoort
ActiveMarc Lecocq
ActiveNico Bergmans
ActiveSofie Van de Broeck
ActiveStefanie Beelen
ActiveStien Van der Auwera
ActiveTania Roskams
ActiveGeert Bovyn
ActiveActive
Annick Mergaerts
ActiveNadine Verboven
ActiveMagaly Knapen
ActivePatricia Stevens
ActiveTom Dehaene
ActiveWim Oeyen
ActiveKim Soetaers
ActiveJohan Bellen
ActiveTon Van Weel
ActiveEls Van Hoof
ActiveWerner Mertens
ActiveActive
Lieve Van den Berghe
ActiveDirk Smolders
ActiveFilip Havet
ActiveGuido Lammens
ActiveGuy Dumst
ActiveHilde Van Roosbroeck
ActiveKarin Struyf
ActiveLucia Dewolfs
ActiveMarc Dewaelheyns
ActiveMarc Richelle
ActiveStien Van der Auwera
ActiveTom Vanderstappen
ActiveHilde Kaspers
ActiveJohan Van der Eycken
ActiveWilly Segers
ActiveFrouke Wouters
ActiveEnded mandates
Magaly Knapen
EndedKim Soetaers
EndedJohan Bellen
EndedPeter Loosen
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 04/08/2026 | 30/06/2025 | 27/09/2024 | 28/04/2023 | 20/05/2022 | 03/06/2021 |
| General meeting | 03/06/2026 | 04/06/2025 | 25/09/2024 | 18/04/2023 | 13/05/2022 | 14/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
51 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full modelCorrection | 31/12/2025 | 03/06/2026 | 04/08/2026 | Dutch | |
| Full model | 31/12/2025 | 03/06/2026 | 08/06/2026 | Dutch | |
| Full model | 31/12/2024 | 04/06/2025 | 30/06/2025 | Dutch | |
| Full model | 31/12/2023 | 25/09/2024 | 27/09/2024 | Dutch | |
| Full model | 31/12/2022 | 18/04/2023 | 28/04/2023 | Dutch | |
| Full model | 31/12/2021 | 13/05/2022 | 20/05/2022 | Dutch | |
| Full model | 31/12/2020 | 14/05/2021 | 03/06/2021 | Dutch | |
| Full model | 31/12/2019 | 05/06/2020 | 23/06/2020 | Dutch | |
| Full model | 31/12/2018 | 10/05/2019 | 24/05/2019 | Dutch | |
| Full model | 31/12/2017 | 11/05/2018 | 22/05/2018 | Dutch | |
| Full model | 31/12/2016 | 12/05/2017 | 18/05/2017 | Dutch | |
| Full model | 31/12/2015 | 13/05/2016 | 06/06/2016 | Dutch | |
| Full model | 31/12/2014 | 08/05/2015 | 18/05/2015 | Dutch | |
| Full model | 31/12/2013 | 09/05/2014 | 12/05/2014 | Dutch | |
| Full model | 31/12/2012 | 10/05/2013 | 13/05/2013 | Dutch | |
| Full model | 31/12/2011 | 11/05/2012 | 21/05/2012 | Dutch | |
| Full model | 31/12/2010 | 13/05/2011 | 16/05/2011 | Dutch | |
| Full model | 31/12/2009 | 14/05/2010 | 17/05/2010 | Dutch | |
| Full model | 31/12/2008 | 08/05/2009 | 18/05/2009 | Dutch | |
| Full model | 31/12/2007 | 09/05/2008 | 13/05/2008 | Dutch | |
| Full model | 31/12/2006 | 11/05/2007 | 21/05/2007 | Dutch | |
| m930-p | 31/12/2005 | 12/05/2006 | 12/06/2006 | Dutch | |
| Full model | 31/12/2004 | 13/05/2005 | 19/07/2005 | Dutch | |
| Full model | 31/12/2003 | 14/05/2004 | 11/06/2004 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 45 active · 188 ended
Active mandates
Albert Volders
ActiveAnn Danckers
ActiveDiane Williams
ActiveEva Prouvé
ActiveGilbert Pex
ActiveGuy Dumst
ActiveHans Eyssen
ActiveLieve De Bondt
ActiveManuela Vervoort
ActiveMarc Lecocq
ActiveNico Bergmans
ActiveSofie Van de Broeck
ActiveStefanie Beelen
ActiveStien Van der Auwera
ActiveTania Roskams
ActiveGeert Bovyn
ActiveActive
Annick Mergaerts
ActiveNadine Verboven
ActiveMagaly Knapen
ActivePatricia Stevens
ActiveTom Dehaene
ActiveWim Oeyen
ActiveKim Soetaers
ActiveJohan Bellen
ActiveTon Van Weel
ActiveEls Van Hoof
ActiveWerner Mertens
ActiveActive
Lieve Van den Berghe
ActiveDirk Smolders
ActiveFilip Havet
ActiveGuido Lammens
ActiveGuy Dumst
ActiveHilde Van Roosbroeck
ActiveKarin Struyf
ActiveLucia Dewolfs
ActiveMarc Dewaelheyns
ActiveMarc Richelle
ActiveStien Van der Auwera
ActiveTom Vanderstappen
ActiveHilde Kaspers
ActiveJohan Van der Eycken
ActiveWilly Segers
ActiveFrouke Wouters
ActiveEnded mandates
Magaly Knapen
EndedKim Soetaers
EndedJohan Bellen
EndedPeter Loosen
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates23/02/2026ONTSLAGEN - BENOEMINGEN
- Mandates23/02/2026ONTSLAGEN - BENOEMINGEN
- Mandates06/01/2026ONTSLAGEN - BENOEMINGEN
- Mandates06/01/2026ONTSLAGEN - BENOEMINGEN
- Mandates26/02/2024ONTSLAGEN - BENOEMINGEN
- Restructuring14/07/2023BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring15/05/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates02/06/2022ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-3,1 M €↓
- 2024Annual accounts 2024-2 M €↓
- 25/09/2024nominationPKF Bofidi Audit BV — commissaris
- 25/09/2024nominationJeroen Rans — vaste vertegenwoordiger (commissaris)
- 2023Annual accounts 2023-1,5 M €↓
- 01/07/2023nominationLym De Brouwer — algemeen directeur
- 2023Name changeKanvaz
- 2022Annual accounts 2022-135,6 k €↓
- 13/05/2022nominationMagaly Knapen — bestuurder
- 2021Annual accounts 2021443,3 k €↓
- 2021Name changeCNUZ
- 2020Annual accounts 2020643,2 k €↑
- 2019Annual accounts 2019460,5 k €↑
- 2017Annual accounts 201755,3 k €↑
- 2016Annual accounts 2016-110,9 k €↓
- 2015Annual accounts 2015200,8 k €↓
- 2014Annual accounts 20141,4 M €↑
- 2013Annual accounts 2013200,3 k €↑
- 2012Annual accounts 2012103,1 k €↓
- 2011Annual accounts 2011178,8 k €↓
- 2010Annual accounts 2010349,7 k €↑
- 2009Annual accounts 2009222,3 k €↑
- 2008Annual accounts 2008-169 k €↑
- 2007Annual accounts 2007-225,6 k €↓
- 2006Annual accounts 2006-116 k €
- 20/04/1922IncorporationPrivate limited company