Financials
Financial year 2025
KUVATRA from Harelbeke, company number BE0695542557, closed financial year 2025 with a result of € 109,740 after tax. For that financial year KUVATRA recorded a gross margin of € 698,753 and equity of € 301,229. Compared with financial year 2024, the result moved from € 96,678 to € 109,740. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 17, 2026.
€ 301,229
▲ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 109,740
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 221,370
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 282,629.
People and assets in 2025
3.6
Average over the fiscal year, from the social balance sheet.
€ 255,536
▲ 55% vs 2024
€ 71,000 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.
€ 758,872
▲ 33% vs 2024
Of which on lease € 685,744.
Debts at end 2025
€ 1.1 million
▲ 18% vs 2024
€ 268,413 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 45,631
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 127,700
▲ 55% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 397,071 | € 452,840 | € 533,423 | € 698,753 | ▲ 31% |
| Profit after taxes | € 124,020 | € 35,766 | € 96,678 | € 109,740 | ▲ 14% |
| Equity | € 209,043 | € 244,810 | € 191,488 | € 301,229 | ▲ 57% |
| Total debts | € 764,101 | € 1,094,733 | € 1,137,777 | € 1,331,057 | ▲ 17% |
| Cash | € 136,962 | € 114,220 | € 211,904 | € 221,370 | ▲ 4% |
| Land & buildings | - | € 402,455 | € 385,503 | € 368,551 | ▼ 4% |
| Retained profit | € 190,443 | € 226,210 | € 172,888 | € 282,629 | ▲ 63% |
| Dividend | € 45,000 | € 0 | € 150,000 | € 0 | ▼ 100% |
| Bank debt | € 626,587 | € 964,912 | € 923,688 | € 1,090,936 | ▲ 18% |
| Balance sheet total | € 973,145 | € 1,339,543 | € 1,329,265 | € 1,632,285 | ▲ 23% |
| Employees (FTE) | - | - | - | 3.6 |
By gross margin, KUVATRA ranks 7th of 15 companies with main activity “Goederenvervoer over de weg” in Harelbeke that publish figures (fiscal year 2025).
Key figures of KUVATRA, 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.
Ask about KUVATRA the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to KUVATRA?
What happened at KUVATRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 109,740 (▲ 14% vs 2024). Source: NBB ↗
- Kurt Holvoet became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Harelbeke. KBO
In short
From € 124,020 profit in 2022 to € 109,740 profit in 2025.
Paid € 64,258 in corporate taxes since 2022.
Best year ever: 2022, with € 124,020 profit.
On average € 194,100 of value added per employee in 2025.
Management
Behind KUVATRA is Kurt Holvoet.
Directors
According to the 2025 annual accounts
Kurt Holvoet
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Paukenstraat 12
8530 Harelbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Kurt Gerard Jan HOLVOET(oprichter) 50%
- Vanessa MESTDAG(oprichter) 50%
Details
- Company number
- 0695.542.557
- VAT number
- BE 0695.542.557
- Registered office
- Paukenstraat 12, 8530 Harelbeke
- Names & denominations
- KUVATRA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2018
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Goederenvervoer over de weg