KUVALINE
KUVALINE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €-134k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 93% of 17366 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
| Equity | €47k |
| Net result | €-134k |
| Better than sector | 93% |
| Active | 39 yrs |
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 89.2% | 34.6% | |
| Net result | €-134k | €5k | |
| Equity | €47k | €44k | |
| Gross operating margin | €-109k | €34k | |
| Staff costs | €16k | €40k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-132k | €11k | €29k | €29k | €15k |
| Net profit | €-134k | €3k | €14k | €15k | €5k |
| Cash flow | €-134k | €4k | €16k | €17k | €8k |
| Staff costs | €16k | €46k | €51k | €51k | €30k |
| Income taxes | €0 | €2k | €6k | €7k | €3k |
| Dividends | - | - | - | - | - |
| Total assets | €52k | €360k | €409k | €398k | €361k |
| Equity | €47k | €181k | €178k | €164k | €149k |
| Debt | €6k | €179k | €231k | €234k | €212k |
| of which ≤ 1y | €6k | €179k | €231k | €234k | €212k |
| of which > 1y | - | - | - | - | - |
| Working capital | €47k | €177k | €173k | €157k | €140k |
| Employees (FTE) | - | 1.0 | 1.0 | 1.1 | 1.1 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 9.28 | 1.99 | 1.75 | 1.67 | 1.66 |
| Quick ratio | 9.28 | 0.25 | 0.26 | 0.40 | 0.32 |
| Working capital ratio | 89.2% | 49.2% | 42.3% | 39.4% | 38.7% |
| Solvency | 89.2% | 50.2% | 43.6% | 41.2% | 41.3% |
| Debt / equity | 0.12 | 0.99 | 1.30 | 1.43 | 1.42 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | -49.24 | 2.17 | 3.76 | 4.53 | 2.98 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -257.7% | 0.7% | 3.5% | 3.8% | 1.3% |
| ROE | -288.8% | 1.5% | 8.0% | 9.1% | 3.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €52k | €360k | €409k | €398k | €361k |
| Fixed assets | 21/28 | €0 | €4k | €5k | €7k | €9k |
| Tangible fixed assets | 22/27 | €0 | €4k | €5k | €7k | €9k |
| Financial fixed assets | 28 | €0 | €79 | €79 | €79 | €79 |
| Current assets | 29/58 | €52k | €357k | €404k | €391k | €352k |
| Stocks & contracts in progress | 3 | €0 | €313k | €344k | €298k | €285k |
| Amounts receivable within one year | 40/41 | €22k | €20k | €21k | €20k | €16k |
| Investments | 50/53 | €3k | €3k | €3k | €3k | €6k |
| Cash & bank | 54/58 | €27k | €19k | €36k | €70k | €45k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €52k | €360k | €409k | €398k | €361k |
| Equity | 10/15 | €47k | €181k | €178k | €164k | €149k |
| Contributions / capital | 10/11 | €25k | €25k | €25k | €25k | €25k |
| Reserves | 13 | €43k | €43k | €43k | €43k | €43k |
| Accumulated profits (losses) | 14 | €-22k | €113k | €110k | €96k | €81k |
| Amounts payable | 17/49 | €6k | €179k | €231k | €234k | €212k |
| Amounts payable within one year | 42/48 | €6k | €179k | €231k | €234k | €212k |
| Trade debts payable within one year | 44 | €118 | €53k | €99k | €84k | €60k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-109k | €61k | €81k | €81k | €48k |
| Operating result | 9901 | €-132k | €10k | €27k | €27k | €12k |
| Financial income | 75 | €204 | €333 | €2k | €2k | €869 |
| Financial charges | 65 | €3k | €5k | €8k | €6k | €5k |
| Result before taxes | 9903 | €-134k | €5k | €21k | €22k | €8k |
| Income taxes | 67/77 | €0 | €2k | €6k | €7k | €3k |
| Net result for the period | 9904 | €-134k | €3k | €14k | €15k | €5k |
| Result to be appropriated | 9905 | €-134k | €3k | €14k | €15k | €5k |
-
MR SOLUTIONSPrivate limited companyDirector· perm. rep.: Rudi MEYSState Gazette act 24329465 (17-01-2024)Current25-10-2013 → present
2 events
- 17-01-2024 Mandate renewed· Director
- 25-10-2013 Appointed· Manager
-
Current25-10-2013 → present
2 events
- 17-01-2024 Mandate renewed· Director
- 25-10-2013 Appointed· Manager
Former directors (2)
-
Former- → 31-12-2025
-
Former- → 25-10-2013
| NACE primary | Retail trade(47713) |
| Legal form | Private limited company(610) |
| Incorporation | 22-06-1987 |
| Status | Active |
| Postal code | 3806 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71058B0005/00H000 | Flanders | 774 m² | 1 · 159 m² | 8.6 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-01-2026 Registered office moved from Sint-Truiden to Velm
- Stapelstraat 68, 3800 Sint-Truiden → Velmerlaan 45, 3806 Velm
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Velm",
"region": null,
"street": "Velmerlaan",
"country": "BE",
"postcode": "3806",
"box_number": null,
"street_number": "45"
},
"old_address": {
"city": "Sint-Truiden",
"region": null,
"street": "Stapelstraat",
"country": "BE",
"postcode": "3800",
"box_number": null,
"street_number": "68"
},
"effective_date": "2025-10-01",
"evidence_quote": "De vergadering beslist dat de zetel van de vennootschap zal worden verplaatst Stapelstraat 68, 3800 Sint-Truiden naar Velmerlaan 45, 3806 Velm, en dit vanaf 01/10/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0431.547.852",
"name_full": "KUVALINE",
"legal_form": "BV"
}
}17-01-2024 2 reappointed
- Rudi MEYS, Bestuurder
- VANANDEROYE Ingrid, Bestuurder
Technical details
{
"events": [
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Rudi MEYS",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0463228448",
"name": "MR SOLUTIONS",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "De algemene vergadering besluit de huidige bestuurders hierna vermeld, ontslag te geven uit hun functie en gaat onmiddellijk over tot hun herbenoeming als niet-statutair bestuurder voor een onbepaalde duur: 1. De besloten vennootschap MR SOLUTIONS met zetel te 3806 Sint-Truiden (Velm), Velmerlaan 45"
},
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VANANDEROYE Ingrid",
"address": null,
"birth_date": null
},
"evidence_quote": "De algemene vergadering besluit de huidige bestuurders hierna vermeld, ontslag te geven uit hun functie en gaat onmiddellijk over tot hun herbenoeming als niet-statutair bestuurder voor een onbepaalde duur: ... 2. Mevrouw VANANDEROYE Ingrid, wonende te 3806 Sint-Truiden (Velm), Velmerlaan 45, hierbi"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0431.547.852",
"name_full": "KUVALINE",
"legal_form": "CVBA"
}
}31-01-2020 Registered office moved within St. Truiden
- Stapelstraat 56, 3800 St. Truiden → Stapelstraat 68, 3800 St. Truiden
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "St. Truiden",
"region": null,
"street": "Stapelstraat",
"country": "BE",
"postcode": "3800",
"box_number": null,
"street_number": "68"
},
"old_address": {
"city": "St. Truiden",
"region": null,
"street": "Stapelstraat",
"country": "BE",
"postcode": "3800",
"box_number": null,
"street_number": "56"
},
"effective_date": "2019-12-01",
"evidence_quote": "De bijzondere algemene vergadering d.d. 01.12.2019 beslist met \u00E9\u00E9nparigheid van stemmen, om de maatschappelijke zetel van de vennootschap te verplaatsen naar: Stapelstraat 68, 3800 St. Truiden."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0431.547.852",
"name_full": "KUVALINE",
"legal_form": "CVBA"
}
}06-11-2013 2 directors appointed, 1 resigning
- Rudi Meys, Zaakvoerder
- Ingrid Vananderoye, Zaakvoerder
- Gisèle Debusscher, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Gis\u00E8le Debusscher",
"address": null,
"birth_date": null
},
"effective_date": "2013-10-25",
"evidence_quote": "Tevens wordt met eenparigheid van stemmen beslist om het ontslag, aangeboden door Mevrouw Gis\u00E8le Debusscher, wonende te 3800 Sint-Truiden, Luikersteenweg 185, te aanvaarden met ingang van heden."
},
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Rudi Meys",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0463228448",
"name": "MR Solutions BVBA",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2013-10-25",
"evidence_quote": "Er wordt beslist te benoemen tot nieuwe zaakvoerders vanaf heden en voor onbepaalde duur: -de BVBA MR Solutions, met maatschappelijke zetel te 3806 Sint-Truiden, Velmerlaan 45 en met ondernemingsnummer 0463.228.448 met als wettelijke vertegenwoordiger de Heer Rudi Meys, wonende te 3806 Sint-Truiden."
},
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Ingrid Vananderoye",
"address": null,
"birth_date": null
},
"effective_date": "2013-10-25",
"evidence_quote": "Er wordt beslist te benoemen tot nieuwe zaakvoerders vanaf heden en voor onbepaalde duur: ... -Mevrouw Ingrid Vananderoye, wonende te 3806 Sint-Truiden, Velmerlaan 45"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0431.547.852",
"name_full": "KUVALINE",
"legal_form": "CVBA"
}
}| Legal nameNL | KUVALINE |