KGV is a heating and ventilation installer in Bütgenbach. Private Limited, started on 27 May 2015, 2 establishments.

What is the address of KGV?

The registered office of KGV is located at Elsenborn,Desherenborn 16, 4750 Bütgenbach.

Yes. According to the CBE (30 October 2026) KGV is active, legal situation “Normale toestand”, started on 27 May 2015.

Is KGV registered on Peppol?

Yes, KGV is registered on the Peppol network with ID 0208:0630861769.

What is the enterprise number of KGV?

The enterprise number of KGV is BE0630861769.

When was KGV founded?

KGV was founded on 27 May 2015.

Who are the directors of KGV?

According to the 2025 annual accounts, the directors of KGV are: Grégory, Roch, Gérald KEHL, Valérie LEMAIRE.

Is KGV a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 May 2015; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did KGV make in 2025?

KGV recorded a loss after taxes of € 168,795 in financial year 2025.

What is the revenue of KGV?

As a small company, KGV is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 54,827.

How much does an employee at KGV earn?

The average wage cost per full-time employee at KGV was € 65,000 in 2025: staff costs of € 116,954 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 KGV have?

According to the 2025 annual accounts, KGV has 1.8 full-time equivalents (FTE).

KGV (Private Limited) - Bütgenbach - BE0630861769

Dossier KGV, printed on 30 October 2026 from databakkes.be/en/0630861769/kgv. 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 41 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

KGV from Bütgenbach, company number BE0630861769, closed financial year 2025 with a result of € -168,795 after tax. For that financial year KGV recorded a gross margin of € 54,827 and equity of € 458,057. Compared with financial year 2024, the result moved from € 136,829 to € -168,795. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.

What it is worth Healthy

€ 458,057

▼ 27% vs 2024

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

Loss Caution

€ -168,795

▼ still € 136,829 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 107,361

▼ 34% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 437,597.

People and assets in 2025

Full-time equivalents

1.8

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

Wage cost

€ 116,954

▼ 9% vs 2024

€ 65,000 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

Bank debt ≈ 10 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.

€ 2.1 million

▲ 47% vs 2024

€ 210,150 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 309,425

▼ 38% vs 2024

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

Taxes and wages

€ 16,468

▼ 25% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 290,521 Gross margin 2022: € 290,521 First fiscal year in the series	€ 509,511 Gross margin 2023: € 509,511 ▲ 75% vs 2022 (€ 290,521) Favourable step	€ 376,229 Gross margin 2024: € 376,229 ▼ 26% vs 2023 (€ 509,511) Unfavourable step	€ 54,827 Gross margin 2025: € 54,827 ▼ 85% vs 2024 (€ 376,229) Unfavourable step	▼ 85%
Profit after taxes	€ 129,618 Profit after taxes 2022: € 129,618 First fiscal year in the series	€ 312,807 Profit after taxes 2023: € 312,807 ▲ 141% vs 2022 (€ 129,618) Favourable step	€ 136,829 Profit after taxes 2024: € 136,829 ▼ 56% vs 2023 (€ 312,807) Unfavourable step	€ -168,795 Profit after taxes 2025: € -168,795 ▼ € 305,624 vs 2024 (€ 136,829) Unfavourable step	▼ € 305,624
Equity	€ 177,217 Equity 2022: € 177,217 First fiscal year in the series	€ 490,023 Equity 2023: € 490,023 ▲ 177% vs 2022 (€ 177,217) Favourable step	€ 626,852 Equity 2024: € 626,852 ▲ 28% vs 2023 (€ 490,023) Favourable step	€ 458,057 Equity 2025: € 458,057 ▼ 27% vs 2024 (€ 626,852) Unfavourable step	▼ 27%
Total debts	€ 455,793 Total debts 2022: € 455,793 First fiscal year in the series	€ 718,967 Total debts 2023: € 718,967 ▲ 58% vs 2022 (€ 455,793) Unfavourable step	€ 2,049,830 Total debts 2024: € 2,049,830 ▲ 185% vs 2023 (€ 718,967) Unfavourable step	€ 2,527,884 Total debts 2025: € 2,527,884 ▲ 23% vs 2024 (€ 2,049,830) Unfavourable step	▲ 23%
Cash	€ 61,944 Cash 2022: € 61,944 First fiscal year in the series	€ 331,329 Cash 2023: € 331,329 ▲ € 269,384 vs 2022 (€ 61,944) Favourable step	€ 161,706 Cash 2024: € 161,706 ▼ 51% vs 2023 (€ 331,329) Unfavourable step	€ 107,361 Cash 2025: € 107,361 ▼ 34% vs 2024 (€ 161,706) Unfavourable step	▼ 34%
Land & buildings	€ 369,503 Land & buildings 2022: € 369,503 First fiscal year in the series	€ 459,469 Land & buildings 2023: € 459,469 ▲ 24% vs 2022 (€ 369,503) Unchanged	€ 759,527 Land & buildings 2024: € 759,527 ▲ 65% vs 2023 (€ 459,469) Unchanged	€ 1,384,520 Land & buildings 2025: € 1,384,520 ▲ 82% vs 2024 (€ 759,527) Unchanged	▲ 82%
Retained profit	€ 158,617 Retained profit 2022: € 158,617 First fiscal year in the series	€ 469,563 Retained profit 2023: € 469,563 ▲ 196% vs 2022 (€ 158,617) Favourable step	€ 606,392 Retained profit 2024: € 606,392 ▲ 29% vs 2023 (€ 469,563) Favourable step	€ 437,597 Retained profit 2025: € 437,597 ▼ 28% vs 2024 (€ 606,392) Unfavourable step	▼ 28%
Dividend	€ 75,000 Dividend 2022: € 75,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 75,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 260,000 Bank debt 2022: € 260,000 First fiscal year in the series	€ 257,032 Bank debt 2023: € 257,032 ▼ 1% vs 2022 (€ 260,000) Favourable step	€ 1,401,979 Bank debt 2024: € 1,401,979 ▲ € 1.1 million vs 2023 (€ 257,032) Unfavourable step	€ 2,061,734 Bank debt 2025: € 2,061,734 ▲ 47% vs 2024 (€ 1,401,979) Unfavourable step	▲ 47%
Balance sheet total	€ 633,010 Balance sheet total 2022: € 633,010 First fiscal year in the series	€ 1,208,991 Balance sheet total 2023: € 1,208,991 ▲ 91% vs 2022 (€ 633,010) Unchanged	€ 2,676,682 Balance sheet total 2024: € 2,676,682 ▲ 121% vs 2023 (€ 1,208,991) Unchanged	€ 2,985,941 Balance sheet total 2025: € 2,985,941 ▲ 12% vs 2024 (€ 2,676,682) Unchanged	▲ 12%
Employees (FTE)	-	-	1.8 Employees (FTE) 2024: 1.8 First fiscal year in the series	1.8 Employees (FTE) 2025: 1.8 Unchanged (1.8) Unchanged

Key figures of KGV, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to KGV?

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

Jan 30, 2026 New annual accounts for financial year 2025: loss of € 168,795 (▼ € 305,624 vs 2024). Source: NBB ↗
Dec 18, 2023 New establishment in Eupen. KBO
2023 Grégory, Roch, Gérald KEHL became a director. NBB
2023 Valérie LEMAIRE became a director. NBB
Sep 3, 2015 New establishment in Bütgenbach. KBO
May 27, 2015 Start of the company according to the CBE. KBO

In short

From € 129,618 profit in 2022 to € 168,795 loss in 2025.

Paid € 176,835 in corporate taxes since 2022.

Best year ever: 2023, with € 312,807 profit.

On average € 30,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Grégory, Roch, Gérald KEHL

Valérie LEMAIRE

KGV

MARDEM 100%

Behind KGV are Grégory, Roch, Gérald KEHL and Valérie LEMAIRE. It owns 100% of MARDEM itself.

Directors

According to the 2025 annual accounts

Grégory, Roch, Gérald KEHL

Director

Also active at: ACCUBEL, MARDEM

since 2023

Valérie LEMAIRE

Director

Also active at: ACCUBEL, MARDEM

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Elsenborn,Desherenborn 16

4750 Bütgenbach

2.353.132.007

Industriestrasse 28

4700 Eupen

Active since 18 December 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

MARDEM same network

€ 61,038 gross margin · 2025

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

Details

Company number

0630.861.769

VAT number

BE 0630.861.769

Registered office

Elsenborn,Desherenborn 16, 4750 Bütgenbach

Names & denominations

KGV

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 May 2015

Peppol

Active · Active since 10 Jul 2025

Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Overige niet-gespecialiseerde detailhandel

Detailhandel via postorderbedrijven of via internet

Sanitaire werkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

KGV