Financials
Financial year 2025
K.V.G. from Jabbeke, company number BE0450206494, closed financial year 2025 with a result of € 64,872 after tax. For that financial year K.V.G. recorded revenue of € 103,058 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 42,231 to € 64,872. Profitable, and profit is growing. 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.
€ 2.4 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,872
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 28,241
▲ 77% 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 € 858,061.
Debts at end 2025
€ 302,325
▼ 57% vs 2024
€ 41,731 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 225,274
▲ € 221,974 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,865
▲ 100% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 153,278 | € 157,470 | € 171,749 | € 103,058 | ▼ 40% |
| Gross margin | € 167,734 | € 180,334 | € 179,220 | € 132,980 | ▼ 26% |
| Profit after taxes | € 29,910 | € 40,752 | € 42,231 | € 64,872 | ▲ 54% |
| Equity | € 2,255,571 | € 2,296,323 | € 2,338,554 | € 2,403,426 | ▲ 3% |
| Total debts | € 1,174,667 | € 829,828 | € 726,462 | € 568,870 | ▼ 22% |
| Cash | € 3,488 | € 2,683 | € 15,985 | € 28,241 | ▲ 77% |
| Land & buildings | € 2,162,710 | € 2,071,061 | € 2,002,049 | € 1,025,141 | ▼ 49% |
| Retained profit | € 710,205 | € 750,957 | € 793,188 | € 858,061 | ▲ 8% |
| Bank debt | € 868,887 | € 781,443 | € 699,798 | € 302,325 | ▼ 57% |
| Balance sheet total | € 3,430,238 | € 3,128,378 | € 3,067,112 | € 2,974,170 | ▼ 3% |
Key figures of K.V.G., 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 K.V.G.?
What happened at K.V.G. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GEERT VERSTRAETE stepped down as director. NBB
- KATHY VERSTRAETE stepped down as director. NBB
- NADINE MERMUYS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 64,872 (▲ 54% vs 2024). Source: NBB ↗
- GEERT VERSTRAETE became a director. NBB
- KATHY VERSTRAETE became a director. NBB
- NADINE MERMUYS became a director. NBB
- New establishment in Jabbeke. KBO
In short
From € 29,910 profit in 2022 to € 64,872 profit in 2025.
Paid € 65,607 in corporate taxes since 2022.
Best year ever: 2025, with € 64,872 profit.
Management
Directors
According to the 2025 annual accounts
GEERT VERSTRAETE
Managing director
Also active at: IVECA TECHNICS, Algemene Electrische Ondernemingen Kamiel Verstraete en Zoon, G. VERSTRAETE, IKASO, PORTHOS INVEST
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Stationsstraat 56
8490 Jabbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.206.494
- VAT number
- BE 0450.206.494
- Registered office
- Stationsstraat 56, 8490 Jabbeke
- Names & denominations
- K.V.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 1993
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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