ACTIVE

Kelvin Projects

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Financial year 2025 · closed on 31/12/2025
Net result
-776,8 €
+65.6% YoY
Gross margin
-14,1 €
+99.1% YoY
Equity
117,6 k €
-0.7% YoY

What does Kelvin Projects do?

Kelvin Projects is a Private limited company incorporated in 2019. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Turnhout.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0735.763.905
Incorporation
07/10/2019
Legal form
Private limited company
Registered office
Kempenlaan 2A
2300 Turnhout · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
82990Other business support service activities n.e.c.· main82990Other business support service activities n.e.c.
Signals
Solid equity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin-14,1 €-1,7 k €3,7 k €-6,5 k €-1,6 k €178,4 k €
EBITDA-599,5 €-2,2 k €3 k €-7 k €-2,1 k €177,3 k €
Operating result-599,5 €-2,2 k €3 k €-7 k €-2,1 k €177,3 k €
Net result-776,8 €-2,3 k €3 k €-7,1 k €-2,1 k €124,8 k €
Balance sheet
Equity117,6 k €118,3 k €120,6 k €117,6 k €124,7 k €126,8 k €
Total assets194 k €194,4 k €196,7 k €193,7 k €237,1 k €218,5 k €
Cash5,5 k €8,1 k €10,7 k €2 k €56,8 k €38,5 k €
Debts76,5 k €76,1 k €76,1 k €76,1 k €112,4 k €91,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Hartwin Leen

Director

Active
At this address

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Maatschap CRC - KELVIN● Active
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Sonical STAK● Active
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SYNTRES● Active
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202104/10/2019
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 months15 months
Filing date05/06/202617/07/202510/07/202410/07/202307/07/202206/07/2021
General meeting18/05/202625/06/202526/06/202428/06/202329/06/202230/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202518/05/202605/06/2026DutchPDF
Micro model31/12/202425/06/202517/07/2025DutchPDF
Micro model31/12/202326/06/202410/07/2024DutchPDF
Abridged model31/12/202228/06/202310/07/2023DutchPDF
Abridged model31/12/202129/06/202207/07/2022DutchPDF
Micro model31/12/202030/06/202106/07/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active

Active mandates

Hartwin Leen

Director

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office23/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other09/10/2019
    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

Timeline

  1. 2025
    Annual accounts 2025-776,8 €↑
  2. 2024
    Annual accounts 2024-2,3 k €↓
  3. 2023
    Annual accounts 20233 k €↑
  4. 2022
    Annual accounts 2022-7,1 k €↓
  5. 2021
    Annual accounts 2021-2,1 k €↓
  6. 2020
    Annual accounts 2020124,8 k €
  7. 07/10/2019
    IncorporationPrivate limited company