What does KUVARCO do?

KUVARCO is a wholesaler in Knokke-Heist. Public Limited, started on 19 July 2001, 2 establishments.

What is the address of KUVARCO?

The registered office of KUVARCO is located at Louis Ludwiglaan 6, 8300 Knokke-Heist.

Is KUVARCO still active?

Yes. According to the CBE (2 November 2026) KUVARCO is active, legal situation “Normale toestand”, started on 19 July 2001.

Is KUVARCO registered on Peppol?

Yes, KUVARCO is registered on the Peppol network with ID 0208:0475214876.

What is the enterprise number of KUVARCO?

The enterprise number of KUVARCO is BE0475214876.

When was KUVARCO founded?

KUVARCO was founded on 19 July 2001.

Who are the directors of KUVARCO?

According to the 2026 annual accounts, the directors of KUVARCO are: Isabelle Cooreman, Kurt Scherrens.

Is KUVARCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 July 2001; 5 annual accounts filed, latest fiscal year 2026; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did KUVARCO make in 2026?

KUVARCO posted a profit after taxes of € 541,241 in financial year 2026.

What is the revenue of KUVARCO?

As a small company, KUVARCO is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 1,090,233.

How much does an employee at KUVARCO earn?

The average wage cost per full-time employee at KUVARCO was € 57,600 in 2026: staff costs of € 103,666 for 1.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does KUVARCO have?

According to the 2026 annual accounts, KUVARCO has 1.8 full-time equivalents (FTE).

KUVARCO (Public Limited) - Knokke-Heist - BE0475214876

Dossier KUVARCO, printed on 2 November 2026 from databakkes.be/en/0475214876/kuvarco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 49 % of short-term debt in 2026; threshold 65 %.

Financials

Financial year 2026

KUVARCO from Knokke-Heist, company number BE0475214876, closed financial year 2026 with a result of € 541,241 after tax. For that financial year KUVARCO recorded a gross margin of € 1.1 million and equity of € 5.3 million. Compared with financial year 2025, the result moved from € 645,843 to € 541,241. 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 September 18, 2026.

What it is worth Growing

€ 5.3 million

▲ 11% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 541,241

▼ 16% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 576,384

▼ 9% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 5.2 million.

People and assets in 2026

Full-time equivalents

1.8

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 103,666

▲ 98% vs 2025

€ 57,600 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.

Vehicles and equipment

€ 23,783

▼ 40% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 635,443

▼ 14% vs 2025

€ 96,500 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 189,785

▼ 8% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 180,767

▲ 204% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 756,054 Gross margin 2023: € 756,054 First fiscal year in the series	€ 1,488,477 Gross margin 2024: € 1,488,477 ▲ 97% vs 2023 (€ 756,054) Favourable step	€ 1,165,698 Gross margin 2025: € 1,165,698 ▼ 22% vs 2024 (€ 1,488,477) Unfavourable step	€ 1,090,233 Gross margin 2026: € 1,090,233 ▼ 6% vs 2025 (€ 1,165,698) Unfavourable step	▼ 6%
Profit after taxes	€ 361,967 Profit after taxes 2023: € 361,967 First fiscal year in the series	€ 892,125 Profit after taxes 2024: € 892,125 ▲ 146% vs 2023 (€ 361,967) Favourable step	€ 645,843 Profit after taxes 2025: € 645,843 ▼ 28% vs 2024 (€ 892,125) Unfavourable step	€ 541,241 Profit after taxes 2026: € 541,241 ▼ 16% vs 2025 (€ 645,843) Unfavourable step	▼ 16%
Equity	€ 3,182,091 Equity 2023: € 3,182,091 First fiscal year in the series	€ 4,074,216 Equity 2024: € 4,074,216 ▲ 28% vs 2023 (€ 3,182,091) Favourable step	€ 4,720,059 Equity 2025: € 4,720,059 ▲ 16% vs 2024 (€ 4,074,216) Favourable step	€ 5,261,300 Equity 2026: € 5,261,300 ▲ 11% vs 2025 (€ 4,720,059) Favourable step	▲ 11%
Total debts	€ 3,331,814 Total debts 2023: € 3,331,814 First fiscal year in the series	€ 3,033,953 Total debts 2024: € 3,033,953 ▼ 9% vs 2023 (€ 3,331,814) Favourable step	€ 2,895,085 Total debts 2025: € 2,895,085 ▼ 5% vs 2024 (€ 3,033,953) Favourable step	€ 3,121,360 Total debts 2026: € 3,121,360 ▲ 8% vs 2025 (€ 2,895,085) Unfavourable step	▲ 8%
Cash	€ 413,132 Cash 2023: € 413,132 First fiscal year in the series	€ 327,178 Cash 2024: € 327,178 ▼ 21% vs 2023 (€ 413,132) Unfavourable step	€ 636,443 Cash 2025: € 636,443 ▲ 95% vs 2024 (€ 327,178) Favourable step	€ 576,384 Cash 2026: € 576,384 ▼ 9% vs 2025 (€ 636,443) Unfavourable step	▼ 9%
Land & buildings	€ 3,859,094 Land & buildings 2023: € 3,859,094 First fiscal year in the series	€ 4,624,961 Land & buildings 2024: € 4,624,961 ▲ 20% vs 2023 (€ 3,859,094) Unchanged	€ 4,666,874 Land & buildings 2025: € 4,666,874 ▲ 1% vs 2024 (€ 4,624,961) Unchanged	€ 4,590,224 Land & buildings 2026: € 4,590,224 ▼ 2% vs 2025 (€ 4,666,874) Unchanged	▼ 2%
Retained profit	€ 3,119,091 Retained profit 2023: € 3,119,091 First fiscal year in the series	€ 4,011,216 Retained profit 2024: € 4,011,216 ▲ 29% vs 2023 (€ 3,119,091) Favourable step	€ 4,657,059 Retained profit 2025: € 4,657,059 ▲ 16% vs 2024 (€ 4,011,216) Favourable step	€ 5,198,300 Retained profit 2026: € 5,198,300 ▲ 12% vs 2025 (€ 4,657,059) Favourable step	▲ 12%
Bank debt	€ 915,714 Bank debt 2023: € 915,714 First fiscal year in the series	€ 808,996 Bank debt 2024: € 808,996 ▼ 12% vs 2023 (€ 915,714) Favourable step	€ 736,318 Bank debt 2025: € 736,318 ▼ 9% vs 2024 (€ 808,996) Favourable step	€ 635,443 Bank debt 2026: € 635,443 ▼ 14% vs 2025 (€ 736,318) Favourable step	▼ 14%
Balance sheet total	€ 6,556,578 Balance sheet total 2023: € 6,556,578 First fiscal year in the series	€ 7,149,267 Balance sheet total 2024: € 7,149,267 ▲ 9% vs 2023 (€ 6,556,578) Unchanged	€ 7,654,666 Balance sheet total 2025: € 7,654,666 ▲ 7% vs 2024 (€ 7,149,267) Unchanged	€ 8,420,214 Balance sheet total 2026: € 8,420,214 ▲ 10% vs 2025 (€ 7,654,666) Unchanged	▲ 10%
Employees (FTE)	0 Employees (FTE) 2023: 0 First fiscal year in the series	0 Employees (FTE) 2024: 0 Unchanged (0) Unchanged	0 Employees (FTE) 2025: 0 Unchanged (0) Unchanged	1.8 Employees (FTE) 2026: 1.8 Unchanged (0) Unchanged

Key figures of KUVARCO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to KUVARCO?

What happened at KUVARCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Isabelle Cooreman stepped down as director. NBB
2027 Kurt Scherrens stepped down as director. NBB
Sep 18, 2026 New annual accounts for financial year 2026: profit of € 541,241 (▼ 16% vs 2025). Source: NBB ↗
2023 Isabelle Cooreman became a director. NBB
2021 Kurt Scherrens became a director. NBB
Oct 1, 2010 New establishment in Wingene. KBO
Sep 28, 2001 New establishment in Knokke-Heist. KBO
Jul 19, 2001 Start of the company according to the CBE. KBO

In short

From € 361,967 profit in 2023 to € 541,241 profit in 2026.

Paid € 826,441 in corporate taxes since 2023.

Best year ever: 2024, with € 892,125 profit.

On average € 605,700 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2026 annual accounts

Isabelle Cooreman

Director

Also active at: COOREMAN ISABELLE

since 2023 · until 2029

Kurt Scherrens

Managing director

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Louis Ludwiglaan 6

8300 Knokke-Heist

2.197.259.341

Egemsestraat 77A

8750 Wingene

Active since 1 October 2010

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0475.214.876

VAT number

BE 0475.214.876

Registered office

Louis Ludwiglaan 6, 8300 Knokke-Heist

Names & denominations

KUVARCO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 July 2001

Peppol

Active · Active since 28 Nov 2025

Activities · NACE

Groothandel in levend vee

Groothandel in levende dieren

Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment

Groothandel in granen, zaden en diervoeders

View on CBE Public ↗ Annual accounts (NBB) ↗