ACTIVE

KAVEC

Financial year 2025 · closed on 31/12/2025
Net result
4,8 k €
-80.3% YoY
Gross margin
125,6 k €
+1.7% YoY
Equity
335,1 k €
+1.4% YoY
Workforce
1,8 ETP
+28.6% YoY

What does KAVEC do?

KAVEC is a Private limited company incorporated in 1997. Its registered office is in Oudsbergen. It employs on average 1,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.973.485
Incorporation
25/11/1997
Legal form
Private limited company
Registered office
Weg naar Zwartberg 230
3660 Oudsbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,8 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120132012201120102009200820072006
Income statement
Gross margin125,6 k €123,5 k €144,2 k €164,3 k €126,2 k €13,9 k €15,9 k €20,5 k €37,2 k €29,9 k €27,5 k €51,3 k €57,9 k €
EBITDA23,4 k €44,7 k €19,3 k €26,8 k €22,8 k €-4,2 k €13,8 k €17,1 k €24,5 k €8 k €228,3 €26,3 k €36,9 k €
Operating result3,5 k €28,8 k €7 k €17,8 k €17,1 k €-7,8 k €3,9 k €5,8 k €13,4 k €4,3 k €-10,8 k €13,3 k €23 k €
Net result4,8 k €24,2 k €7,8 k €16,3 k €16,7 k €-8 k €-6 k €548,2 €7,9 k €868,5 €-15,7 k €13,9 k €22,4 k €
Balance sheet
Equity335,1 k €330,3 k €306,2 k €298,4 k €282 k €171,1 k €179,1 k €185,1 k €184,5 k €176,6 k €175,8 k €191,4 k €177,6 k €
Total assets499,6 k €505,9 k €478,5 k €470,9 k €420 k €201,5 k €229 k €256,9 k €253,1 k €221,7 k €247,7 k €258,3 k €240,1 k €
Cash143,5 k €128,9 k €146 k €123,2 k €78,5 k €92,6 k €114 k €103,3 k €79,3 k €54 k €104,9 k €70,8 k €67,9 k €
Debts151,8 k €162,8 k €159,6 k €171,6 k €137 k €28,7 k €50 k €71,8 k €68,5 k €44,9 k €53,6 k €56,8 k €62,5 k €
Other
Workforce1,8 ETP1,4 ETP2,2 ETP2,9 ETP2,5 ETP0,6 ETP0,2 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
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 · 2 active · 15 ended

Active mandates

INCOB

Director · since 14 janvier 2013 · 0811.150.721

Represented by Erwin Jacobs

Active
S&L-INVEST

Director · since 14 janvier 2013 · 0841.395.420

Represented by Raf Schreurs

Active

Ended mandates

INCOB

Manager · since 14 janvier 2013 · 0811.150.721

Represented by Erwin Jacobs

Ended
INCOB

Director · since 14 janvier 2013 · 0811.150.721

Represented by Erwin Jacobs

Ended
INCOB

Director · since 14 janvier 2013 · 0811.150.721

Represented by Erwin Jacobs

Ended
INCOB

Manager · since 14 janvier 2013 · 0811.150.721

Represented by Erwin Jacobs

Ended
At this address

Other companies at this address

CompanyCBE no.
0437.381.908
0442.436.497
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/07/202617/06/202519/06/202429/08/202329/08/202230/08/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202607/07/2026DutchPDF
Abridged model31/12/202406/06/202517/06/2025DutchPDF
Abridged model31/12/202307/06/202419/06/2024DutchPDF
Abridged model31/12/202202/06/202329/08/2023DutchPDF
Abridged model31/12/202103/06/202229/08/2022DutchPDF
Abridged model31/12/202004/06/202130/08/2021DutchPDF
Abridged model31/12/201931/07/202031/08/2020DutchPDF
Abridged model31/12/201807/06/201931/07/2019DutchPDF
Abridged model31/12/201701/06/201831/08/2018DutchPDF
Abridged model31/12/201602/06/201731/08/2017DutchPDF
Abridged model31/12/201503/06/201631/08/2016DutchPDF
Abridged model31/12/201405/06/201531/08/2015DutchPDF
Abridged model31/12/201306/06/201429/08/2014DutchPDF
Abridged model31/12/201207/06/201329/08/2013DutchPDF
Abridged model31/12/201101/06/201230/08/2012DutchPDF
Abridged model31/12/201003/06/201119/08/2011DutchPDF
Abridged model31/12/200904/06/201025/08/2010DutchPDF
Abridged model31/12/200805/06/200925/08/2009DutchPDF
Abridged model31/12/200706/06/200825/08/2008DutchPDF
Abridged model31/12/200601/06/200731/08/2007DutchPDF
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 · 2 active · 15 ended

Active mandates

INCOB

Director · since 14 janvier 2013 · 0811.150.721

Represented by Erwin Jacobs

Active
S&L-INVEST

Director · since 14 janvier 2013 · 0841.395.420

Represented by Raf Schreurs

Active

Ended mandates

INCOB

Manager · since 14 janvier 2013 · 0811.150.721

Represented by Erwin Jacobs

Ended
INCOB

Director · since 14 janvier 2013 · 0811.150.721

Represented by Erwin Jacobs

Ended
INCOB

Director · since 14 janvier 2013 · 0811.150.721

Represented by Erwin Jacobs

Ended
INCOB

Manager · since 14 janvier 2013 · 0811.150.721

Represented by Erwin Jacobs

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/06/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/03/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares22/04/2004
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
    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

Timeline

  1. 2025
    Annual accounts 20254,8 k €
  2. 2024
    Annual accounts 202424,2 k €
  3. 2023
    Annual accounts 20237,8 k €
  4. 2022
    Annual accounts 202216,3 k €
  5. 2021
    Annual accounts 202116,7 k €
  6. 2013
    Annual accounts 2013-8 k €
  7. 2012
    Annual accounts 2012-6 k €
  8. 2011
    Annual accounts 2011548,2 €
  9. 2010
    Annual accounts 20107,9 k €
  10. 2009
    Annual accounts 2009868,5 €
  11. 2008
    Annual accounts 2008-15,7 k €
  12. 2007
    Annual accounts 200713,9 k €
  13. 2006
    Annual accounts 200622,4 k €
  14. 25/11/1997
    IncorporationPrivate limited company