ACTIVE

Kelvin Solutions

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Financial year 2025 · Closed on 30/06/2025

Net result91,9 k €-21,6 %over 1 year
Gross margin1,5 M €-7,9 %over 1 year
Equity866,9 k €-13,2 %over 1 year
Workforce13,2 ETP+1,5 %over 1 year

Identity

Source · BCE/KBO

Kelvin Solutions is a Private company with limited liability incorporated in 2015. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Turnhout. It employs on average 13,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0643.981.416
Incorporation
09/12/2015
Legal form
Private company with limited liability
Registered office
Kempenlaan 2A
2300 Turnhout · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Average workforce
13,2 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20252024202320222021
Income statement
Gross margin1,5 M €1,6 M €1,5 M €1,1 M €814,4 k €
EBITDA173,1 k €433,5 k €591,8 k €437,8 k €292,3 k €
Operating result140,6 k €205,3 k €448,4 k €383,5 k €248,8 k €
Net result91,9 k €117,2 k €340,1 k €318,5 k €308,1 k €
Balance sheet
Equity866,9 k €998,6 k €905 k €798,8 k €713,3 k €
Total assets1,6 M €1,8 M €1,6 M €1,1 M €994,2 k €
Cash703,7 k €744,3 k €762,5 k €490,8 k €671,3 k €
Debts681,4 k €647,1 k €685,9 k €341,9 k €280,6 k €
Other
Workforce13,2 ETP13,0 ETP10,7 ETP8,3 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 4 ended

Active mandates

Anneleen CRANINX

Director · since 01 mai 2020

Active
Hartwin LEEN

Director · since 07 décembre 2015

Active

Ended mandates

Hartwin Leen

Manager · since 07 décembre 2015

Ended
Anneleen Craninx

Director

Ended
Hartwin Leen

Director

Ended
Hartwin Leen

Manager

Ended

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Kempenlaan 2A 2300 Turnhout
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Sonical STAK● Active
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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/01/202630/01/202529/01/202416/01/202329/11/202106/11/2020
General meeting15/12/202531/12/202430/12/202328/12/202229/10/202102/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202515/12/202508/01/2026DutchPDF
Abridged model30/06/202431/12/202430/01/2025DutchPDF
Abridged model30/06/202330/12/202329/01/2024DutchPDF
Abridged model30/06/202228/12/202216/01/2023DutchPDF
Micro model30/06/202129/10/202129/11/2021DutchPDF
Micro model30/06/202002/11/202006/11/2020DutchPDF
Micro model30/06/201926/12/201926/01/2020DutchPDF
Micro model30/06/201826/12/201831/01/2019DutchPDF
Micro model30/06/201727/12/201722/01/2018DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 4 ended

Active mandates

Anneleen CRANINX

Director · since 01 mai 2020

Active
Hartwin LEEN

Director · since 07 décembre 2015

Active

Ended mandates

Hartwin Leen

Manager · since 07 décembre 2015

Ended
Anneleen Craninx

Director

Ended
Hartwin Leen

Director

Ended
Hartwin Leen

Manager

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office23/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/05/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates07/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/01/2016
    DIVERSEN
    PDF
  • Other11/12/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 202591,9 k €↓
  2. 2024
    Annual accounts 2024117,2 k €↓
  3. 2023
    Annual accounts 2023340,1 k €↑
  4. 2022
    Annual accounts 2022318,5 k €↑
  5. 2021
    Annual accounts 2021308,1 k €↑
  6. 2020
    Annual accounts 2020271,8 k €↑
  7. 2019
    Annual accounts 2019220,2 k €↑
  8. 2018
    Annual accounts 201867,6 k €↑
  9. 2017
    Annual accounts 2017-6,1 k €
  10. 09/12/2015
    IncorporationPrivate company with limited liability