KAIVKA is a commercial agency in Lokeren. Private Limited, started on 27 May 2016, 1 establishment.

What is the address of KAIVKA?

The registered office of KAIVKA is located at H.-Geestmolenstraat 138, 9160 Lokeren.

Is KAIVKA still active?

Yes. According to the CBE (30 September 2026) KAIVKA is active, legal situation “Normale toestand”, started on 27 May 2016.

Is KAIVKA registered on Peppol?

Yes, KAIVKA is registered on the Peppol network with ID 0208:0655722671.

What is the enterprise number of KAIVKA?

The enterprise number of KAIVKA is BE0655722671.

When was KAIVKA founded?

KAIVKA was founded on 27 May 2016.

Who are the directors of KAIVKA?

According to the 2025 annual accounts, the directors of KAIVKA are: Ivan Hulpiau.

Is KAIVKA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 May 2016; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did KAIVKA make in 2025?

KAIVKA recorded a loss after taxes of € 24,589 in financial year 2025.

What is the revenue of KAIVKA?

As a small company, KAIVKA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 16,013.

KAIVKA (Private Limited) - Lokeren - BE0655722671

Dossier KAIVKA, printed on 30 September 2026 from databakkes.be/en/0655722671/kaivka. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

KAIVKA from Lokeren, company number BE0655722671, closed financial year 2025 with a result of € -24,589 after tax. For that financial year KAIVKA recorded a gross margin of € 16,013 and equity of € 194,897. Compared with financial year 2024, the result moved from € 585,861 to € -24,589. The company made a loss. The buffer shrank hard: equity is 74 % below last year. 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 Shrank hard

€ 194,897

▼ 74% vs 2024

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

Loss Caution

€ -24,589

▼ still € 585,861 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 687,138

▼ 19% 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 € 169,897.

People and assets in 2025

Vehicles and equipment

€ 48,698

▼ 22% vs 2024

Book value of vehicles, furniture and equipment.

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.

€ 169,601

▼ 42% vs 2024

€ 17,764 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 10,059

▲ € 8,811 vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 207,681 Gross margin 2022: € 207,681 First fiscal year in the series	€ 256,328 Gross margin 2023: € 256,328 ▲ 23% vs 2022 (€ 207,681) Favourable step	€ 195,419 Gross margin 2024: € 195,419 ▼ 24% vs 2023 (€ 256,328) Unfavourable step	€ 16,013 Gross margin 2025: € 16,013 ▼ 92% vs 2024 (€ 195,419) Unfavourable step	▼ 92%
Profit after taxes	€ 119,771 Profit after taxes 2022: € 119,771 First fiscal year in the series	€ 169,934 Profit after taxes 2023: € 169,934 ▲ 42% vs 2022 (€ 119,771) Favourable step	€ 585,861 Profit after taxes 2024: € 585,861 ▲ 245% vs 2023 (€ 169,934) Favourable step	€ -24,589 Profit after taxes 2025: € -24,589 ▼ € 610,449 vs 2024 (€ 585,861) Unfavourable step	▼ € 610,449
Equity	€ 154,867 Equity 2022: € 154,867 First fiscal year in the series	€ 174,801 Equity 2023: € 174,801 ▲ 13% vs 2022 (€ 154,867) Favourable step	€ 760,662 Equity 2024: € 760,662 ▲ € 585,861 vs 2023 (€ 174,801) Favourable step	€ 194,897 Equity 2025: € 194,897 ▼ 74% vs 2024 (€ 760,662) Unfavourable step	▼ 74%
Total debts	€ 620,905 Total debts 2022: € 620,905 First fiscal year in the series	€ 732,165 Total debts 2023: € 732,165 ▲ 18% vs 2022 (€ 620,905) Unfavourable step	€ 669,867 Total debts 2024: € 669,867 ▼ 9% vs 2023 (€ 732,165) Favourable step	€ 990,045 Total debts 2025: € 990,045 ▲ 48% vs 2024 (€ 669,867) Unfavourable step	▲ 48%
Cash	€ 283,506 Cash 2022: € 283,506 First fiscal year in the series	€ 378,146 Cash 2023: € 378,146 ▲ 33% vs 2022 (€ 283,506) Favourable step	€ 852,119 Cash 2024: € 852,119 ▲ 125% vs 2023 (€ 378,146) Favourable step	€ 687,138 Cash 2025: € 687,138 ▼ 19% vs 2024 (€ 852,119) Unfavourable step	▼ 19%
Land & buildings	€ 457,495 Land & buildings 2022: € 457,495 First fiscal year in the series	€ 442,393 Land & buildings 2023: € 442,393 ▼ 3% vs 2022 (€ 457,495) Unchanged	€ 427,820 Land & buildings 2024: € 427,820 ▼ 3% vs 2023 (€ 442,393) Unchanged	€ 225,083 Land & buildings 2025: € 225,083 ▼ 47% vs 2024 (€ 427,820) Unchanged	▼ 47%
Retained profit	€ 129,867 Retained profit 2022: € 129,867 First fiscal year in the series	€ 149,801 Retained profit 2023: € 149,801 ▲ 15% vs 2022 (€ 129,867) Favourable step	€ 735,662 Retained profit 2024: € 735,662 ▲ € 585,861 vs 2023 (€ 149,801) Favourable step	€ 169,897 Retained profit 2025: € 169,897 ▼ 77% vs 2024 (€ 735,662) Unfavourable step	▼ 77%
Dividend	€ 100,000 Dividend 2022: € 100,000 First fiscal year in the series	€ 150,000 Dividend 2023: € 150,000 ▲ 50% vs 2022 (€ 100,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 150,000) Unchanged	€ 541,176 Dividend 2025: € 541,176 Unchanged (€ 0) Unchanged
Bank debt	€ 343,433 Bank debt 2022: € 343,433 First fiscal year in the series	€ 315,284 Bank debt 2023: € 315,284 ▼ 8% vs 2022 (€ 343,433) Favourable step	€ 291,516 Bank debt 2024: € 291,516 ▼ 8% vs 2023 (€ 315,284) Favourable step	€ 169,601 Bank debt 2025: € 169,601 ▼ 42% vs 2024 (€ 291,516) Favourable step	▼ 42%
Balance sheet total	€ 775,773 Balance sheet total 2022: € 775,773 First fiscal year in the series	€ 906,967 Balance sheet total 2023: € 906,967 ▲ 17% vs 2022 (€ 775,773) Unchanged	€ 1,430,529 Balance sheet total 2024: € 1,430,529 ▲ 58% vs 2023 (€ 906,967) Unchanged	€ 1,184,942 Balance sheet total 2025: € 1,184,942 ▼ 17% vs 2024 (€ 1,430,529) Unchanged	▼ 17%

Key figures of KAIVKA, 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 KAIVKA?

What happened at KAIVKA 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 € 24,589 (▼ € 610,449 vs 2024). Source: NBB ↗
May 27, 2016 New establishment in Lokeren. KBO
May 27, 2016 Start of the company according to the CBE. KBO

In short

From € 119,771 profit in 2022 to € 24,589 loss in 2025.

Paid € 182,659 in corporate taxes since 2022.

Best year ever: 2024, with € 585,861 profit.

Paid out € 791,176 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at KAIVKA? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Ivan Hulpiau

KAIVKA

Normocare 30%

Behind KAIVKA is Ivan Hulpiau. It owns 30% of Normocare itself.

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Directors

According to the 2025 annual accounts

Ivan Hulpiau

Director

Also active at: ZELZATE FINANCE

Establishments

Establishment units

Physical locations of this company

Registered office

H.-Geestmolenstraat 138

9160 Lokeren

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

Details

Company number

0655.722.671

VAT number

BE 0655.722.671

Registered office

H.-Geestmolenstraat 138, 9160 Lokeren

Names & denominations

KAIVKA

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 May 2016

Peppol

Active · Active since 13 Sept 2025

Activities · NACE

Handelsbemiddeling in de groothandel in andere specifieke goederen

Activiteiten van holdings

Handelsbemiddeling in de niet-gespecialiseerde groothandel

View on CBE Public ↗ Annual accounts (NBB) ↗

KAIVKA

Financials

What happened to KAIVKA?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions