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Complete company report
Generated 09-08-2026
Active BE 0445.233.265Public limited company

KAVIN

Kortrijksepoortstraat 240 ·9000 Gent, Belgium· 34 yrs active
Sector: Real estate activities (68110)
Conclusion Checked

The computed 12-month bankruptcy probability of KAVIN is 0.1% (very low). The 2024 annual accounts show equity of €2.88M and a net result of €137k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 95% of 1697 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €2.88M
Net result €137k
Staff (FTE) 1
Better than sector 95%
Snowflake analysis 5 axes · computed by Checked
Health94Profitability24Solvency100Growth52Stability100
74 / 100

Strong profile, led by solvency.

Health 94
Profitability 24
Solvency 100
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1991, 34 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
94 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 18-06-2025 with the NBB · fiscal year 2024 · verkort
€0€250k€500k€750k€1.00MOperating result 2020: €5k€5kNet result 2020: €889k€889kOperating result 2021: €36k€36kNet result 2021: €26k€26kOperating result 2022: €30k€30kNet result 2022: €21k€21kOperating result 2023: €69k€69kNet result 2023: €51k€51kOperating result 2024: €184k€184kNet result 2024: €137k€137k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 7 fiscal years (±0.9%/year).
€2.40M€2.60M€2.80M€3.00M2025: €2.79M (€2.56M - €3.02M)2026: €2.82M (€2.59M - €3.05M)2027: €2.84M (€2.61M - €3.07M)2018: €2.62M2019: €2.64M2020: €2.64M2021: €2.67M2022: €2.69M2023: €2.74M2024: €2.88M2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 97.4% 14.3%
better than 95% of 1697 sector peers
Net result €137k €0
better than 86% of 1693 sector peers
Equity €2.88M €108k
better than 90% of 1697 sector peers
Gross operating margin €425k €52k
better than 85% of 1694 sector peers
Staff costs €76k €79k
higher than 49% of 254 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€335k
+111.5% far above sector median
Net profit
€137k
+170.1% far above sector median
Cash flow
€288k
+105.1% far above sector median
Total assets
€2.95M
+4.2% +31% vs sector
Equity
€2.88M
+5.0% +230% vs sector
Working capital
€817k
+125.0% far above sector median
Employees (FTE)
1
0.0% 18-24
Staff costs
€76k
+8.0% 18-24
Income taxes
€3k
-80.7% far above sector median
Debt
€34k
-63.7% -97% vs sector
Debt ≤ 1y
€34k
-63.1% -93% vs sector
Current ratio
24.70
+405.4% far above sector median
Quick ratio
24.70
+405.4% far above sector median
Solvency
97.4%
+0.8% +154% vs sector
Debt / equity
0.01
-65.4% -99% vs sector
ROE
4.8%
+157.3% far above sector median
ROA
4.6%
+159.2% far above sector median
Interest coverage
1038.76
+149.0% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€335k
Net profit€137k
Cash flow€288k
Staff costs€76k
Income taxes€3k
Dividends-
Total assets€2.95M
Equity€2.88M
Debt€34k
of which ≤ 1y€34k
of which > 1y-
Working capital€817k
Employees (FTE)1.0
Ratios (computed)
2024
Current ratio24.70
Quick ratio24.70
Working capital ratio27.7%
Solvency97.4%
Debt / equity0.01
Long-term debt ratio-
Interest coverage1038.76
Gross margin-
Net margin-
ROA4.6%
ROE4.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€2.95M
Fixed assets 21/28€2.10M
Tangible fixed assets 22/27€2.10M
Current assets 29/58€851k
Amounts receivable within one year 40/41€96k
Cash & bank 54/58€755k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.95M
Equity 10/15€2.88M
Contributions / capital 10/11€1.70M
Reserves 13€186k
Accumulated profits (losses) 14€989k
Provisions & deferred taxes 16€43k
Amounts payable 17/49€34k
Amounts payable within one year 42/48€34k
Trade debts payable within one year 44€5k
Income statement
Gross operating margin 9900€425k
Operating result 9901€184k
Financial charges 65€322
Result before taxes 9903€183k
Income taxes 67/77€3k
Net result for the period 9904€137k
Result to be appropriated 9905€8k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Real estate activities(68110)
Legal form Public limited company(014)
Incorporation30-09-1991
StatusActive
Postal code9000
Establishment units 1 location
Kortrijksepoortstraat 240, 9000 Gent
Verhuur van woningen, exclusief sociale woningen
since 19912.054.518.891
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44805E0896/00D000
ProtectedMonumentHuis RensonSource ↗
 Flanders 306 m² 1 · 129 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
18-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
28-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
19-01-2024
State Gazette act Director changes
2023
28-06-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
23-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
25-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
24-06-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
02-09-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
11-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
27-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
16-06-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2024
19-01-2024 3 directors appointed, 1 resigning, 2 reappointed Director changes
  • Sonia Baesch, Bestuurder
  • Frederic Staelens, Bestuurder
  • Sonia Baesch, Gedelegeerd bestuurder
  • Caroline De Poorter, Bestuurder
  • BV AGRIFI, Bestuurder
  • Philippe Van de Vyvere, Bestuurder
Technical details 
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  },
  "act_meta": {
    "language": "nl",
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    "filing_date": "2023-06-08",
    "act_kind_objet": "Onderwerp akte:"
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    {
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    "kbo": "0445.233.265",
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}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

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Company registry (CBE) Crossroads Bank
Activities
Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Handel in onroerend goed70120Overige activiteiten i .v.m. administratie, n.e.g.74855Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110
Primary activity highlighted.
Names & trade names
Legal nameNL KAVIN
Registered office
Kortrijksepoortstraat 240
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative