ACTIVE

KUVECO

Financial year 2025 · closed on 31/12/2025
Net result
54,4 k €
-36.0% YoY
Gross margin
164,6 k €
-31.3% YoY
Equity
345,2 k €
+6.6% YoY

What does KUVECO do?

KUVECO is a Private limited company incorporated in 2005. Its main activity is: Joinery installation. Its registered office is in Brugge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0873.584.374
Incorporation
02/05/2005
Legal form
Private limited company
Registered office
Ten Briele 16 box 2
8200 Brugge · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 124
  • 12400
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin164,6 k €239,6 k €213,2 k €178,9 k €74,9 k €66,2 k €28,1 k €51,5 k €31,8 k €52,6 k €42,3 k €12,1 k €183,2 k €-2,2 k €-2,8 k €-15 k €2,4 k €-9,7 k €
EBITDA137,9 k €184,6 k €154,2 k €134,3 k €70,3 k €63,3 k €25,7 k €48,1 k €24,4 k €43,7 k €38,1 k €10,1 k €182,8 k €-2,5 k €-3,3 k €-15,7 k €1,5 k €-10,6 k €
Operating result77,8 k €125,5 k €100,1 k €83,5 k €32,9 k €21,5 k €4,5 k €24,5 k €-1,9 k €26,2 k €23,2 k €8 k €182,2 k €-2,5 k €-16,7 k €-29,4 k €-13,6 k €-24,2 k €
Net result54,4 k €84,9 k €67,2 k €58,2 k €20,5 k €15,2 k €1,2 k €15,7 k €-6,6 k €16,3 k €15,2 k €5,7 k €181,2 k €-61,2 k €-20,7 k €-34,5 k €-19,3 k €-30,1 k €
Balance sheet
Equity345,2 k €323,8 k €238,9 k €171,6 k €113,4 k €73,5 k €58,3 k €57,1 k €41,3 k €47,9 k €31,5 k €16,4 k €10,7 k €-170,5 k €-109,3 k €-88,6 k €-54,1 k €-34,9 k €
Total assets670,5 k €645,4 k €668,6 k €653,3 k €506,6 k €482 k €325,5 k €270,4 k €274,7 k €333,2 k €258,6 k €188,3 k €66,6 k €14,3 k €77,7 k €87,3 k €122,1 k €121,6 k €
Cash202 k €276,6 k €249,4 k €153,6 k €138,7 k €40,4 k €50,7 k €51,2 k €48 k €69,6 k €68,5 k €10,6 k €4,4 k €183,8 €2,7 k €655 €285,6 €
Debts284,4 k €286,2 k €369,1 k €408,3 k €336,3 k €385,6 k €219,9 k €195,8 k €216,2 k €249,5 k €220,8 k €172 k €55,9 k €184,8 k €187 k €175,9 k €174,3 k €156,5 k €
Other
Workforce0,5 ETP1,0 ETP0,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

Kurt Veys

Director

Active

Ended mandates

Chesney Veys

Manager · since 01 juillet 2015

Ended
Kurt Veys

Director · since 30 mars 2012

Ended
Noël Van Quaethel

Manager · since 03 décembre 2010 · until 30 mars 2012

Ended
ANN LANDUYT

Manager · since 01 janvier 2010 · until 31 décembre 2011

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 date03/07/202627/06/202524/07/202414/04/202311/04/202219/07/2021
General meeting30/06/202630/05/202502/07/202431/03/202331/03/202230/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202603/07/2026DutchPDF
Micro model31/12/202430/05/202527/06/2025DutchPDF
Micro model31/12/202302/07/202424/07/2024DutchPDF
Micro model31/12/202231/03/202314/04/2023DutchPDF
Micro model31/12/202131/03/202211/04/2022DutchPDF
Micro model31/12/202030/06/202119/07/2021DutchPDF
Micro model31/12/201930/06/202001/07/2020DutchPDF
Micro model31/12/201828/06/201902/07/2019DutchPDF
Micro model31/12/201730/06/201802/07/2018DutchPDF
Micro model31/12/201630/06/201704/07/2017DutchPDF
Abridged model31/12/201530/06/201628/07/2016DutchPDF
Abridged model31/12/201430/06/201503/07/2015DutchPDF
Abridged model31/12/201330/06/201417/07/2014DutchPDF
Abridged model31/12/201230/06/201331/07/2013DutchPDF
Abridged model31/12/201118/06/201214/08/2012DutchPDF
Abridged model31/12/201018/06/201120/06/2011DutchPDF
Abridged model31/12/200919/06/201024/06/2010DutchPDF
Abridged model31/12/200820/06/200926/06/2009DutchPDF
Abridged model31/12/200712/07/200828/07/2008DutchPDF
Abridged model31/12/200607/07/200723/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 14 ended

Active mandates

Kurt Veys

Director

Active

Ended mandates

Chesney Veys

Manager · since 01 juillet 2015

Ended
Kurt Veys

Director · since 30 mars 2012

Ended
Noël Van Quaethel

Manager · since 03 décembre 2010 · until 30 mars 2012

Ended
ANN LANDUYT

Manager · since 01 janvier 2010 · until 31 décembre 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates25/08/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2012
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates15/12/2010
    BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/05/2005
    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 202554,4 k €
  2. 2024
    Annual accounts 202484,9 k €
  3. 2023
    Annual accounts 202367,2 k €
  4. 2022
    Annual accounts 202258,2 k €
  5. 2021
    Annual accounts 202120,5 k €
  6. 2018
    Annual accounts 201815,2 k €
  7. 2017
    Annual accounts 20171,2 k €
  8. 2016
    Annual accounts 201615,7 k €
  9. 2015
    Annual accounts 2015-6,6 k €
  10. 2014
    Annual accounts 201416,3 k €
  11. 2013
    Annual accounts 201315,2 k €
  12. 2012
    Annual accounts 20125,7 k €
  13. 2011
    Annual accounts 2011181,2 k €
  14. 2011
    Name changeKuveco
  15. 2010
    Annual accounts 2010-61,2 k €
  16. 2010
    Name changeV.Q. CONSULT
  17. 2009
    Annual accounts 2009-20,7 k €
  18. 2008
    Annual accounts 2008-34,5 k €
  19. 2007
    Annual accounts 2007-19,3 k €
  20. 2006
    Annual accounts 2006-30,1 k €
  21. 2006
    Name changeFAMOUS SCOTLAND
  22. 02/05/2005
    IncorporationPrivate limited company