ACTIVE

KVS GROUPS

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Financial year 2025 · closed on 31/12/2025

Net result

388,6 k €

+202.8% YoY

Gross margin

764,8 k €

+82.0% YoY

Equity

557,9 k €

-16.9% YoY

Workforce

4,2 ETP

+2.4% YoY

What does KVS GROUPS do?

KVS GROUPS is a Private limited company incorporated in 2015. Its main activity is: Electrical installation. Its registered office is in Heusden-Zolder. It employs on average 4,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0628.679.566

Incorporation

17/04/2015

Legal form

Private limited company

Registered office

Koolmijnlaan 18
3550 Heusden-Zolder · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

4,2 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 74201Photographic activities 74201Photographic activities 74300Translation and interpretation activities 74301Translation and interpretation activities

Joint committees (2)

14901
200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Gross margin	764,8 k €	+82.0%	420,2 k €	-16.7%	504,3 k €	+68.8%	298,8 k €	+37.5%	217,3 k €	+118%	99,9 k €	-10.3%	111,4 k €	+133%	47,8 k €	+19.3%	40,1 k €	-12.0%	45,6 k €
EBITDA	572,6 k €	+153%	226,3 k €	-33.0%	337,9 k €	+72.8%	195,6 k €	+32.9%	147,1 k €	+205%	48,3 k €	-43.1%	84,9 k €	+83.0%	46,4 k €	+25.8%	36,8 k €	-17.1%	44,5 k €
Operating result	518,1 k €	+181%	184,5 k €	-38.6%	300,3 k €	+85.9%	161,5 k €	+30.2%	124 k €	+286%	32,2 k €	-55.4%	72,1 k €	+117%	33,3 k €	+42.1%	23,4 k €	-42.2%	40,5 k €
Net result	388,6 k €	+203%	128,3 k €	-38.2%	207,6 k €	+85.4%	112 k €	+22.4%	91,4 k €	+255%	25,8 k €	-50.0%	51,6 k €	+119%	23,5 k €	+2228%	1 k €	-97.5%	40,4 k €
Balance sheet
Equity	557,9 k €	-16.9%	671,7 k €	+23.6%	543,4 k €	+61.8%	335,8 k €	+50.0%	223,8 k €	+50.9%	148,3 k €	+21.1%	122,5 k €	+43.8%	85,2 k €	+38.1%	61,7 k €	+1.7%	60,7 k €
Total assets	1,2 M €	+20.1%	979,6 k €	+46.3%	669,6 k €	+61.7%	414,2 k €	+36.1%	304,4 k €	+64.4%	185,2 k €	+8.6%	170,5 k €	+82.5%	93,4 k €	-22.9%	121,1 k €	+5.0%	115,4 k €
Cash	164,9 k €	+227%	50,4 k €	-36.4%	79,4 k €	+216%	25,1 k €	-63.9%	69,5 k €	+212%	22,3 k €	-42.0%	38,4 k €	+27.4%	30,1 k €	+544%	4,7 k €	-95.7%	107,5 k €
Debts	616,5 k €	+104%	301,8 k €	+142%	124,8 k €	+60.5%	77,8 k €	-2.6%	79,8 k €	+124%	35,6 k €	-25.9%	48 k €	+481%	8,3 k €	-85.6%	57,3 k €	+4.6%	54,7 k €
Other
Workforce	4,2 ETP	+2.4%	4,1 ETP		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Ali Kavas

Director · since 08 juillet 2021

Active

Ismail Kavas

Director · since 08 juillet 2021

Active

Ended mandates

Ali Kavas

Director

Ended

Ali Kavas

Manager

Ended

Ismail Kavas

Director

Ended

Ismail Kavas

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
TURKSE HANDELAARVERENIGING VAN HEUSDEN - ZOLDER● Active	0478.487.142

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro 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	30/06/2026	19/06/2025	27/06/2024	30/06/2023	29/06/2022	30/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	19/06/2025	Dutch	PDF
Micro model	31/12/2023	07/06/2024	27/06/2024	Dutch	PDF
Micro model	31/12/2022	02/06/2023	30/06/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	29/06/2022	Dutch	PDF
Micro model	31/12/2020	04/06/2021	30/06/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	25/07/2018	Dutch	PDF
Abridged model	31/12/2016	07/06/2017	03/10/2017	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 5 ended

Active mandates

Ali Kavas

Director · since 08 juillet 2021

Active

Ismail Kavas

Director · since 08 juillet 2021

Active

Ended mandates

Ali Kavas

Director

Ended

Ali Kavas

Manager

Ended

Ismail Kavas

Director

Ended

Ismail Kavas

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/07/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/07/2016
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other29/04/2015
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025388,6 k €↑
2024
Annual accounts 2024128,3 k €↓
2023
Annual accounts 2023207,6 k €↑
2022
Annual accounts 2022112 k €↑
2021
Annual accounts 202191,4 k €↑
2020
Annual accounts 202025,8 k €↓
2019
Annual accounts 201951,6 k €↑
2018
Annual accounts 201823,5 k €↑
2017
Annual accounts 20171 k €↓
2016
Annual accounts 201640,4 k €
17/04/2015
IncorporationPrivate 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

KVS GROUPS

Overview

What does KVS GROUPS do?

Trend over 10 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