Financials
Financial year 2025
KAVIN from Gent, company number BE0445233265, closed financial year 2025 with a result of € 73,686 after tax. For that financial year KAVIN recorded a gross margin of € 273,735 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 136,938 to € 73,686. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 2.9 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 73,686
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 874,431
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 78,785
▲ 4% vs 2024
€ 78,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,994
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,116
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 197,523 | € 242,316 | € 425,450 | € 273,735 | ▼ 36% |
| Profit after taxes | € 21,312 | € 50,696 | € 136,938 | € 73,686 | ▼ 46% |
| Equity | € 2,688,135 | € 2,738,830 | € 2,875,769 | € 2,949,455 | ▲ 3% |
| Total debts | € 27,834 | € 94,918 | € 34,453 | € 45,601 | ▲ 32% |
| Cash | € 502,287 | € 368,762 | € 755,281 | € 874,431 | ▲ 16% |
| Land & buildings | € 2,115,421 | € 2,377,390 | € 2,102,110 | € 2,042,302 | ▼ 3% |
| Retained profit | € 988,135 | € 1,038,830 | € 1,175,769 | € 1,249,455 | ▲ 6% |
| Balance sheet total | € 2,715,969 | € 2,833,748 | € 2,953,263 | € 3,035,683 | ▲ 3% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of KAVIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to KAVIN?
What happened at KAVIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frederic Staelens stepped down as director. NBB
- Philippe Van de Vyvere stepped down as director. NBB
- Agrifi BV stepped down as director. NBB
- Sonia Baesch stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 73,686 (▼ 46% vs 2024). Source: NBB ↗
- Frederic Staelens became a director. NBB
- Philippe Van de Vyvere became a director. NBB
- Agrifi BV became a director. NBB
In short
From € 21,312 profit in 2022 to € 73,686 profit in 2025.
Paid € 56,864 in corporate taxes since 2022.
Best year ever: 2024, with € 136,938 profit.
On average € 273,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BELPARFI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KAVINThe shares are held by BELPARFI (99.9%).
Directors
According to the 2025 annual accounts
Frederic Staelens
Director
Also active at: SOGATRA, MG TERMINAL GENT, GHENT STEVEDORING TERMINAL (G.S.T.), IMMOBILIAIRE VENNOOTSCHAP DER VLAANDEREN, COMPAGNIE BELGE DE MANUTENTION, BELPARFI, SEA - INVEST, FLANDERS COLD CENTER +7 more
since 2023 · until 2028
Philippe Van de Vyvere
Managing director
Also active at: Belgian New Fruit Wharf, Ensagent, SEA-TANK TERMINAL, GHENT COMMODITY TERMINAL, IMMOBILIAIRE VENNOOTSCHAP DER VLAANDEREN, COMPAGNIE BELGE DE MANUTENTION, BELPARFI, ANTWERP BULK TERMINAL +11 more
since 2023 · until 2028
Director · represented by Caroline De Poorter
since 2023 · until 2028
Sonia Baesch
Managing director
Also active at: Belgian New Fruit Wharf, MG TERMINAL GENT, Belgian Fruit Forwarding Company, GHENT COMMODITY TERMINAL, COMPAGNIE BELGE DE MANUTENTION, BELPARFI, ANTWERP BULK TERMINAL, SEA - INVEST +2 more
since 2023 · until 2028
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksepoortstraat 240
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0445.233.265
- VAT number
- BE 0445.233.265
- Registered office
- Kortrijksepoortstraat 240, 9000 Gent
- Names & denominations
- KAVIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1991
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed
Handel in onroerend goed
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Overige activiteiten i .v.m. administratie, n.e.g.
Diverse administratieve activiteiten ten behoeve van kantoren