ACTIVE

KV PROJECTS

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Financial year 2025 · closed on 31/12/2025
Net result
-55,1 k €
-64.0% YoY
Gross margin
24,5 k €
-69.9% YoY
Equity
-65 k €
-553.9% YoY
Workforce
1,0 ETP
-41.2% YoY

What does KV PROJECTS do?

KV PROJECTS is a Private limited company incorporated in 2020. Its main activity is: Retail sale of information and communication equipment in specialised stores. Its registered office is in Boutersem. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0741.731.185
Incorporation
17/01/2020
Legal form
Private limited company
Registered office
Nachtegaalstraat 24
3370 Boutersem · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
47400Retail sale of information and communication equipment in specialised stores· main47410Retail sale of computers, peripheral units and software in specialised stores68100Buying and selling of own real estate68110Buying and selling of own real estate46472Wholesale of furniture, carpets and lighting equipment46650Wholesale of office furniture+4
Signals
Healthy social debts
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 margin24,5 k €81,3 k €140,2 k €104,8 k €67,8 k €21,3 k €
EBITDA-34,2 k €1,4 k €52,7 k €11,5 k €35,3 k €12,3 k €
Operating result-36 k €-79,2 €51,5 k €10,9 k €34,7 k €12,3 k €
Net result-55,1 k €-33,6 k €9 k €-18,6 k €19,3 k €3,8 k €
Balance sheet
Equity-65 k €-9,9 k €23,6 k €14,6 k €33,2 k €13,8 k €
Total assets345,6 k €811,7 k €974,7 k €966,9 k €670,4 k €71,5 k €
Cash106,3 k €7 k €6,8 k €58,4 k €138,8 k €60,9 k €
Debts410,6 k €816 k €935,6 k €936,9 k €634,8 k €56,1 k €
Other
Workforce1,0 ETP1,7 ETP––––
Governance

Board of directors

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

Active mandates

Vincent Kustermans

Director

Active

Ended mandates

Vincent Kustermans

Director · since 17 janvier 2021

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202117/01/2020
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 date29/07/202631/07/202531/07/202404/08/202312/08/202220/08/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
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
Abridged model31/12/202519/06/202629/07/2026DutchPDF
Abridged model31/12/202420/06/202531/07/2025DutchPDF
Micro model31/12/202321/06/202431/07/2024DutchPDF
Micro model31/12/202216/06/202304/08/2023DutchPDF
Micro model31/12/202117/06/202212/08/2022DutchPDF
Micro model31/12/202018/06/202120/08/2021DutchPDF
Estimate

Indicative valuation

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 · 1 ended

Active mandates

Vincent Kustermans

Director

Active

Ended mandates

Vincent Kustermans

Director · since 17 janvier 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other21/01/2020
    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 2025-55,1 k €↓
  2. 2024
    Annual accounts 2024-33,6 k €↓
  3. 2023
    Annual accounts 20239 k €↑
  4. 2022
    Annual accounts 2022-18,6 k €↓
  5. 2021
    Annual accounts 202119,3 k €↑
  6. 2020
    Annual accounts 20203,8 k €
  7. 17/01/2020
    IncorporationPrivate limited company