Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2024; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
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Busy address KBO
38 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
KVH TELECOM HOLDING from Etterbeek, company number BE0471506805, closed financial year 2024 with a result of € 11.6 million after tax. Compared with financial year 2023, the result moved from € 259 million to € 11.6 million. 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 November 25, 2025.
€ 269.6 million
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11.6 million
▼ 96% vs 2023
Profit after tax over the fiscal year.
€ 70,985
▼ 11% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 229.6 million.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 14,819
▲ 116% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 351 days on average.
€ 1.7 million
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Profit after taxes | € -10,655 | € -21,800 | € 259,048,123 | € 11,568,383 | ▼ 96% |
| Equity | € -1,019,470 | € -1,041,269 | € 258,006,854 | € 269,575,237 | ▲ 4% |
| Total debts | € 1,039,991 | € 1,133,414 | € 2,846,686 | € 2,854,659 | |
| Cash | € 20,521 | € 91,606 | € 80,175 | € 70,985 | ▼ 11% |
| Retained profit | € -40,960,466 | € -40,982,266 | € 218,065,857 | € 229,634,240 | ▲ 5% |
| Balance sheet total | € 20,521 | € 92,145 | € 260,853,540 | € 272,429,895 | ▲ 4% |
Key figures of KVH TELECOM HOLDING, 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 KVH TELECOM HOLDING?
What happened at KVH TELECOM HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 11.6 million (▼ 96% vs 2023). filed late Source: NBB ↗
- Dirk Slooten became a director. NBB
- Floris Veulemans became a director. NBB
- KVH Asia LTD stepped down as director. NBB
- KVH Asia LTD became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,655 loss in 2021 to € 11.6 million profit in 2024.
Paid € 5.6 million in corporate taxes since 2021.
Best year ever: 2023, with € 259 million profit.
A new publication or filing at KVH TELECOM HOLDING? We notify you, reason included.
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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
Behind KVH TELECOM HOLDING are Dirk Slooten and Floris Veulemans. The shares are held by Colt Technology Services Group Limited (100%).
Directors
According to the 2024 annual accounts
Dirk Slooten
Director
since 2025
Floris Veulemans
Director
since 2025
KVH Asia LTD
Director · represented by Allan PELVANG
since 2016 · until 2025
Shareholders
Colt Technology Services Group Limited
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 87
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →Organisatiebureel A.D.
FEDERATION EUROPEENNE DES ASSOCIATIONS DES ETABLISSEMENTS DE CREDIT EUROFINAS ASS INT
€ 462,531 gross margin · 2025
SEGRO BELGIUM
€ -35,308 gross margin · 2025
FEDERATION EUROPEENNE DES ASSOCIATIONS DES ETABLISSEMENTS DE LEASING - EUROPESE FEDERATIE VAN VERENIGINGEN VAN LEASINGONDERNEMINGEN - EUROPEAN FEDERATIONOF LEAS
€ 866,930 gross margin · 2025
IMMOBILIERE PARMA-IMMOBILIEN PARMA
€ -8,614 gross margin · 2025
+33 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.506.805
- VAT number
- BE 0471.506.805
- Registered office
- Louis Schmidtlaan 87, 1040 Etterbeek
- Names & denominations
- KVH TELECOM HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2000
- Peppol
- Not registered