ACTIVE

KAVEMARE

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Financial year 2025 · closed on 31/12/2025

Net result

-886 €

+91.6% YoY

Gross margin

80,2 k €

+27.8% YoY

Equity

509,6 k €

-0.2% YoY

What does KAVEMARE do?

KAVEMARE is a Public limited company incorporated in 1988. Its registered office is in Sint-Pieters-Leeuw.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.115.364

Incorporation

07/12/1988

Legal form

Public limited company

Registered office

Zuundallaan 35
1600 Sint-Pieters-Leeuw · FlandreSee on map

Contributed capital

363 966,92 €

Latest accounts

31/12/2025

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	80,2 k €	+27.8%	62,7 k €	+61.0%	39 k €	+121%	17,6 k €	+123%	7,9 k €	+410%	-2,5 k €	+36.0%	-4 k €	-108%	47,3 k €	-22.0%	60,6 k €	+19.6%	50,6 k €	+3.3%	49 k €	-20.7%	61,8 k €	+19.7%	51,7 k €	-30.3%	74,1 k €	+389%	15,2 k €	-59.7%	37,6 k €	-30.5%	54,2 k €	-29.2%	76,5 k €
EBITDA	52,9 k €	+44.7%	36,6 k €	+136%	15,5 k €	+6300%	242 €	+102%	-12,1 k €	+42.1%	-21 k €	+3.4%	-21,7 k €	-173%	29,6 k €	-33.2%	44,3 k €	+11.6%	39,7 k €	+11.1%	35,7 k €	-19.2%	44,3 k €	+13.6%	38,9 k €	-36.9%	61,7 k €	+135%	26,3 k €	+3.6%	25,4 k €	-40.1%	42,3 k €	-26.3%	57,4 k €
Operating result	15,5 k €	+151%	6,2 k €	+194%	-6,6 k €	+64.0%	-18,3 k €	+40.4%	-30,7 k €	+22.5%	-39,6 k €	+22.4%	-51 k €	-399%	-10,2 k €	-341%	4,2 k €	+1298%	-354,5 €	+91.8%	-4,3 k €	-206%	4,1 k €	+401%	-1,3 k €	-106%	21,4 k €	+240%	-15,3 k €	-5.3%	-14,5 k €	-1054%	1,5 k €	-60.6%	3,9 k €
Net result	-886 €	+91.6%	-10,6 k €	+53.1%	-22,5 k €	+33.8%	-34 k €	-4.6%	-32,5 k €	-351%	12,9 k €	+926%	1,3 k €	-96.7%	38,1 k €	-4.9%	40 k €	-3.5%	41,4 k €	+31.5%	31,5 k €	-23.2%	41 k €	+42.2%	28,8 k €	-36.0%	45,1 k €	+74.5%	25,8 k €	-88.3%	221 k €	+783%	25 k €	-86.7%	188,3 k €
Balance sheet
Equity	509,6 k €	-0.2%	510,5 k €	-2.0%	521 k €	-4.1%	543,5 k €	-5.9%	577,5 k €	-63.6%	1,6 M €	+0.8%	1,6 M €	+0.1%	1,6 M €	+2.5%	1,5 M €	+2.7%	1,5 M €	+2.9%	1,5 M €	+2.2%	1,4 M €	+3.0%	1,4 M €	+2.1%	1,4 M €	+3.5%	1,3 M €	+2.0%	1,3 M €	-9.2%	1,4 M €	+1.8%	1,4 M €
Total assets	1,1 M €	-3.3%	1,1 M €	+2.3%	1,1 M €	+3.1%	1,1 M €	-45.0%	2 M €	-5.7%	2,1 M €	+0.3%	2,1 M €	-0.9%	2,1 M €	+0.3%	2,1 M €	+0.4%	2,1 M €	-2.8%	2,1 M €	-3.2%	2,2 M €	-0.5%	2,2 M €	+0.4%	2,2 M €	+1.1%	2,2 M €	-3.4%	2,3 M €	-0.6%	2,3 M €	-2.8%	2,3 M €
Cash	65,6 k €	-20.4%	82,4 k €	+37.1%	60,1 k €	+503%	10 k €	-98.9%	876,4 k €		–		–		39 €		–		–		39 €	0.0%	39 €	-95.8%	938,7 €	-98.2%	52,6 k €	+596135%	8,8 €	-100.0%	135,6 k €	-56.6%	312,4 k €	-26.1%	422,6 k €
Debts	575,6 k €	-7.3%	621 k €	+4.6%	593,8 k €	+10.5%	537,6 k €	-61.2%	1,4 M €	+180%	494,8 k €	+1.0%	489,9 k €	-6.4%	523,4 k €	-5.6%	554,2 k €	-4.9%	582,7 k €	-14.0%	677,4 k €	-12.2%	771,3 k €	-6.6%	825,8 k €	-2.1%	843,8 k €	+8.9%	774,8 k €	-9.9%	859,9 k €	+56.7%	548,7 k €	-13.0%	630,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 26 ended

Active mandates

Alexandre Van Wonterghem

Managing director · until 15 juin 2029

Active

CAVEKA

Managing director · 0434.725.591

Represented by Van WONTERGHEM CAROL

Active

Eleonore Van Wonterghem

Director · until 15 juin 2029

Active

Valentine Van Wonterghem

Director · until 15 juin 2029

Active

Ended mandates

Alexandre Van Wonterghem

Director · since 30 juin 2011 · until 30 juin 2016

Ended

Eléonore Van Wonterghem

Director · since 30 juin 2011 · until 30 juin 2016

Ended

Eléonore Van Wonterhgem

Director · since 30 juin 2011 · until 30 juin 2016

Ended

Valentine Van Wonterghem

Director · since 30 juin 2011 · until 30 juin 2016

Ended

At this address

Other companies at this address

Company	CBE no.
Business and Meeting Club● Active	0424.467.644
CAVEKA● Active	0434.725.591

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/07/2026	30/07/2025	30/07/2025	26/07/2023	07/12/2022	10/11/2021
General meeting	28/07/2026	30/07/2025	10/05/2024	30/06/2023	10/10/2022	19/10/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/07/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/07/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	10/05/2024	30/07/2025	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	26/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/10/2022	07/12/2022	Dutch	PDF
Abridged model	31/12/2020	19/10/2021	10/11/2021	Dutch	PDF
Abridged model	31/12/2019	29/10/2020	10/11/2020	Dutch	PDF
Abridged model	31/12/2018	02/10/2019	29/10/2019	Dutch	PDF
Abridged model	31/12/2017	25/09/2018	14/11/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	26/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	22/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	17/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	16/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	21/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	09/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 26 ended

Active mandates

Alexandre Van Wonterghem

Managing director · until 15 juin 2029

Active

CAVEKA

Managing director · 0434.725.591

Represented by Van WONTERGHEM CAROL

Active

Eleonore Van Wonterghem

Director · until 15 juin 2029

Active

Valentine Van Wonterghem

Director · until 15 juin 2029

Active

Ended mandates

Alexandre Van Wonterghem

Director · since 30 juin 2011 · until 30 juin 2016

Ended

Eléonore Van Wonterghem

Director · since 30 juin 2011 · until 30 juin 2016

Ended

Eléonore Van Wonterhgem

Director · since 30 juin 2011 · until 30 juin 2016

Ended

Valentine Van Wonterghem

Director · since 30 juin 2011 · until 30 juin 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares07/12/2021
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/03/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2004
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-886 €↑
2024
Annual accounts 2024-10,6 k €↑
2023
Annual accounts 2023-22,5 k €↑
2022
Annual accounts 2022-34 k €↓
2021
Annual accounts 2021-32,5 k €↓
2018
Annual accounts 201812,9 k €↑
2017
Annual accounts 20171,3 k €↓
2016
Annual accounts 201638,1 k €↓
2015
Annual accounts 201540 k €↓
2014
Annual accounts 201441,4 k €↑
2013
Annual accounts 201331,5 k €↓
2012
Annual accounts 201241 k €↑
2011
Annual accounts 201128,8 k €↓
2010
Annual accounts 201045,1 k €↑
2009
Annual accounts 200925,8 k €↓
2008
Annual accounts 2008221 k €↑
2007
Annual accounts 200725 k €↓
2006
Annual accounts 2006188,3 k €
07/12/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KAVEMARE

Overview

What does KAVEMARE do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline