ACTIVE

Kelvin & Watts

Financial year 2025 · Closed on 31/12/2025

Net result33,5 k €-77,4 %over 1 year
Gross margin96,1 k €-55,8 %over 1 year
Equity424,1 k €+8,6 %over 1 year

Identity

Source · BCE/KBO

Kelvin & Watts is a Private limited company incorporated in 2022. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Nivelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0792.633.619
Incorporation
19/10/2022
Legal form
Private limited company
Registered office
Avenue Robert Schuman 51 box 41
1401 Nivelles · WallonieSee on map
Contributed capital
30 000,00 €
Latest accounts
31/12/2025
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin96,1 k €217,5 k €294,1 k €
EBITDA92,8 k €216 k €293,2 k €
Operating result56,7 k €199,7 k €284,4 k €
Net result33,5 k €148,2 k €212,3 k €
Balance sheet
Equity424,1 k €390,6 k €242,3 k €
Total assets911,3 k €1 M €550,7 k €
Cash146,4 k €271,4 k €178,6 k €
Debts487,2 k €630,7 k €308,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Dumitru Ungurean

Director · since 22 octobre 2022

Active
Jean-Claude MATERNE

Director · since 22 octobre 2022

Active
Martin MELCHIOR

Director · since 22 octobre 2022

Active

Ended mandates

Dumitru Ungurean

Mandate

Ended
Jean-Claude Materne

Mandate

Ended
Martin Melchior

Mandate

Ended

Other companies at this address

Avenue Robert Schuman 51 1401 Nivelles

Full financial information

Source · NBB
202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/10/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months15 months
Filing date28/08/202628/07/202515/07/2024
General meeting30/06/202612/06/202513/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/08/2026FrenchPDF
Abridged model31/12/202412/06/202528/07/2025FrenchPDF
Abridged model31/12/202313/06/202415/07/2024FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Dumitru Ungurean

Director · since 22 octobre 2022

Active
Jean-Claude MATERNE

Director · since 22 octobre 2022

Active
Martin MELCHIOR

Director · since 22 octobre 2022

Active

Ended mandates

Dumitru Ungurean

Mandate

Ended
Jean-Claude Materne

Mandate

Ended
Martin Melchior

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office17/10/2024
    SIEGE SOCIAL
    PDF
  • Other21/10/2022
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202533,5 k €↓
  2. 2025
    Name changeKelvin & Watts
  3. 2024
    Annual accounts 2024148,2 k €↓
  4. 2023
    Annual accounts 2023212,3 k €
  5. 2023
    Name changeKELVIN ET WATTS SRL
  6. 19/10/2022
    IncorporationPrivate limited company