Financials
Financial year 2025
KAVA from Wetteren, company number BE0792493661, closed financial year 2025 with a result of € 42,536 after tax. For that financial year KAVA recorded a gross margin of € 74,219 and equity of € 200,576. Compared with financial year 2024, the result moved from € 46,080 to € 42,536. 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 June 29, 2026.
€ 200,576
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,536
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 43,045
▲ 36% 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 € 195,576.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 59,016
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14,133
▼ 45% vs 2024
€ 12,072 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 2,423
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 141,075 | € 74,425 | € 74,219 | |
| Profit after taxes | € 106,961 | € 46,080 | € 42,536 | ▼ 8% |
| Equity | € 111,961 | € 158,041 | € 200,576 | ▲ 27% |
| Total debts | € 5,481 | € 28,366 | € 20,958 | ▼ 26% |
| Cash | € 78,115 | € 31,672 | € 43,045 | ▲ 36% |
| Retained profit | € 106,961 | € 153,041 | € 195,576 | ▲ 28% |
| Bank debt | € 0 | € 25,712 | € 14,133 | ▼ 45% |
| Balance sheet total | € 117,442 | € 186,407 | € 221,535 | ▲ 19% |
Key figures of KAVA, fiscal years 2023 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 KAVA?
What happened at KAVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,536 (▼ 8% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Wetteren. KBO
- Karel Turgeon became a director. NBB
In short
From € 106,961 profit in 2023 to € 42,536 profit in 2025.
Paid € 52,684 in corporate taxes since 2023.
Best year ever: 2023, with € 106,961 profit.
Management
Behind KAVA is Karel Turgeon.
Directors
According to the 2025 annual accounts
Karel Turgeon
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Helverdinkstraat 6
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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 ↗- TURGEON Karel(oprichter) 100%
Details
- Company number
- 0792.493.661
- VAT number
- BE 0792.493.661
- Registered office
- Helverdinkstraat 6, 9230 Wetteren
- Names & denominations
- KAVA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2022
- Peppol
- Active · Active since 16 Aug 2025
- Activities · NACE
Landschapsverzorging
Algemene elektrotechnische installatiewerken
Overige gespecialiseerde bouwactiviteiten, neg
Overige zakelijke dienstverlening, neg
Plaatsen van vloerbedekking en wandbekleding van hout
Overige gespecialiseerde bouwwerkzaamheden