Active · per the CBE, 30 October 2026

Kivalgo

BE0687747717

Rechtspersoon Private limited company 1 establishment

Kivalgo is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 10 January 2018, 1 establishment.

Chemin de Grand'Peine 5, 1400 Nivelles [email protected]

Behind the company: Hugues DELPIRE, Xavier DELPIRE.

Active for

8 year, 9 months

Financials

Financial year 2025

Kivalgo from Nivelles, company number BE0687747717, closed financial year 2025 with a result of € 6.2 million after tax. For that financial year Kivalgo recorded a gross margin of € 270,723 and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 196,819 to € 6.2 million. 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 8, 2026.

What it is worth Growing

€ 3.5 million

▲ 159% vs 2024

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

Profit Growing

€ 6.2 million

▲ € 6 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 5.4 million

▲ € 5.3 million vs 2024

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

Where the profit goes Pays out

€ 4 million paid out

65 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 48,004

▼ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go

€ 566,556

▲ 44% vs 2024

€ 69,389 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 27,940

▲ € 25,836 vs 2024

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

Taxes and wages

€ 14,230

▼ 58% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 519,278 € 535,959 € 337,645 € 270,723 ▼ 20%
Profit after taxes € 385,347 € 385,002 € 196,819 € 6,152,493 ▲ € 6 million
Equity € 1,058,335 € 1,303,336 € 1,350,155 € 3,502,648 ▲ 159%
Total debts € 198,287 € 685,724 € 593,878 € 4,219,861 ▲ € 3.6 million
Cash € 214,206 € 534,145 € 132,378 € 5,439,150 ▲ € 5.3 million
Land & buildings € 486,399 € 1,041,123 € 1,286,405 € 1,593,513 ▲ 24%
Retained profit € 858,335 € 1,103,336 € 1,150,155 € 3,302,648 ▲ 187%
Dividend € 128,000 € 140,000 € 150,000 € 4,000,000 ▲ € 3.9 million
Bank debt € 0 € 400,000 € 392,652 € 566,556 ▲ 44%
Balance sheet total € 1,256,622 € 1,989,060 € 1,944,033 € 7,722,509 ▲ 297%

Key figures of Kivalgo, 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 Kivalgo?

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

  • New annual accounts for financial year 2025: profit of € 6.2 million (▲ € 6 million vs 2024). Source: NBB ↗
  • Xavier DELPIRE became a director. NBB
  • New establishment in Nivelles. KBO
  • Hugues DELPIRE became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 385,347 profit in 2022 to € 6.2 million profit in 2025.

Paid € 349,917 in corporate taxes since 2022.

Best year ever: 2025, with € 6.2 million profit.

Paid out € 4.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Hugues DELPIRE
Xavier DELPIRE
Kivalgo
VALGO 100%

Behind Kivalgo are Hugues DELPIRE and Xavier DELPIRE. It owns 100% of VALGO itself.

Directors

According to the 2025 annual accounts

Hugues DELPIRE

Director

since 2018

Xavier DELPIRE

Director

Also active at: ISOLABEL, Valgo

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Chemin de Grand'Peine 5

1400 Nivelles

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

Details

Company number
0687.747.717
VAT number
BE 0687.747.717
Registered office
Chemin de Grand'Peine 5, 1400 Nivelles
Names & denominations
Kivalgo
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
10 January 2018
Peppol
Active · Active since 3 Dec 2025
Contact
[email protected]
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does Kivalgo do?
Kivalgo is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 10 January 2018, 1 establishment.
What is the address of Kivalgo?
The registered office of Kivalgo is located at Chemin de Grand'Peine 5, 1400 Nivelles.
Is Kivalgo still active?
Yes. According to the CBE (30 October 2026) Kivalgo is active, legal situation “Normale toestand”, started on 10 January 2018.
Is Kivalgo registered on Peppol?
Yes, Kivalgo is registered on the Peppol network with ID 0208:0687747717.
What is the enterprise number of Kivalgo?
The enterprise number of Kivalgo is BE0687747717.
When was Kivalgo founded?
Kivalgo was founded on 10 January 2018.