Financials
Financial year 2024
KT SOLUTIONS from Lievegem, company number BE0436752891, closed financial year 2024 with a result of € -3,687 after tax. For that financial year KT SOLUTIONS recorded a gross margin of € 11,832 and equity of € 134,771. Compared with financial year 2023, the result moved from € 17,886 to € -3,687. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 134,771
▼ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,687
▼ still € 17,886 profit in 2023
Profit after tax over the fiscal year.
€ 14,683
▲ 29% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 73,271.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 33,572
▲ € 26,883 vs 2023
Of which on lease € 28,584.
Debts at end 2024
€ 26,568
€ 11,060 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 34,732
▼ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 691
▼ 95% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 6,976 | € 2,623 | € 52,332 | € 11,832 | ▼ 77% |
| Profit after taxes | € 1,392 | € 945 | € 17,886 | € -3,687 | ▼ € 21,574 |
| Equity | € 119,627 | € 120,572 | € 138,459 | € 134,771 | ▼ 3% |
| Total debts | € 1,866 | € 1,804 | € 87,231 | € 85,440 | ▼ 2% |
| Cash | € 8,332 | € 684 | € 11,395 | € 14,683 | ▲ 29% |
| Retained profit | € 58,127 | € 59,072 | € 76,959 | € 73,271 | ▼ 5% |
| Bank debt | € 0 | € 0 | € 0 | € 26,568 | |
| Balance sheet total | € 121,493 | € 122,376 | € 225,690 | € 220,211 | ▼ 2% |
Key figures of KT SOLUTIONS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KT SOLUTIONS?
What happened at KT SOLUTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 3,687 (▼ € 21,574 vs 2023). filed late Source: NBB ↗
- Karen TOVMASYAN became a director. NBB
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,392 profit in 2021 to € 3,687 loss in 2024.
Paid € 9,919 in corporate taxes since 2021.
Best year ever: 2023, with € 17,886 profit.
Management
Behind KT SOLUTIONS is Karen TOVMASYAN.
Directors
According to the 2024 annual accounts
Karen TOVMASYAN
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Bilksken 28
9920 Lievegem
Vaartstraat 4
8630 Veurne
Active since 27 February 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.752.891
- VAT number
- BE 0436.752.891
- Registered office
- Bilksken 28, 9920 Lievegem
- Names & denominations
- KT SOLUTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 1989
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden
Overige werkzaamheden in verband met de afwerking van gebouwen
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Wassen en poetsen van motorvoertuigen
+2