KVN Consult
ActiveSummary
KVN Consult has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125k and a net result of €-8k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 28% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-3
Solvency33=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity short (current ratio 0.19 against 0.18 in 2024; short-term debt: 53.6% and cash: 1.6% of total assets), and 92.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
19 d late
2023
2 d early
2022
7 d early
2021
8 d late
2020
144 d early
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€125k▼ 5.9%
2024 · €132k
2018: €55k
2019: €61k
2020: €65k
2021: €65k
2022: €95k
2023: €132k
2024: €132k
2018 → 2025
Total assets
€1.60M▼ 0.6%
2024 · €1.61M
2018: €901k
2019: €1.13M
2020: €1.11M
2021: €1.06M
2022: €1.06M
2023: €1.02M
2024: €1.61M
2018 → 2025
Net result
€-8k
2024 · €449
2018: €-23k
2019: €6k
2020: €4k
2021: €270
2022: €30k
2023: €37k
2024: €449
2018 → 2025
Working capital
€-694k▼ 7.4%
2024 · €-646k
2018: €-579k
2019: €-607k
2020: €-602k
2021: €-567k
2022: €-512k
2023: €-500k
2024: €-646k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€95k▲ 45.8%€132k▲ 38.9%€132k▲ 0.3%€125k▼ 5.9%
Operating result€9k-€39k▲ 343%€49k▲ 25.2%€34k▼ 30.5%€17k▼ 49.1%
Net result€270-€30k▲ 10,953%€37k▲ 23.9%€449▼ 98.8%€-8k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.60M
Fixed assets
€1.43M ▼ 1.9%
Current assets
€162k ▲ 13.1%
Equity and liabilities €1.60M
Equity
€125k ▼ 5.9%
Provisions
€0 ▼ 100%
Debt
€1.47M ▲ 0.4%
Debt's share of the balance-sheet total rises from 91.3% to 92.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€56k▼
2024 · €68k
Cash flow
€30k▼
2024 · €34k
Current ratio
0.19▲
2024 · 0.18
Quick ratio
0.05▼
2024 · 0.05
Debt to equity
11.81▲
2024 · 11.08
ROE
-6.3%▼
2024 · 0.3%
ROA
-0.5%▼
2024 · 0.0%
Interest coverage
2.49▼
2024 · 2.78
Debt ≤ 1 year
€857k▲
2024 · €790k
Debt > 1 year
€616k▼
2024 · €677k
Income taxes
€3k▼
2024 · €10k
Staff costs
€72k▲
2024 · €70k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.61M€1.60M▼
Fixed assets21/28€1.46M€1.43M▼
Tangible fixed assets22/27€1.46M€1.43M▼
Land and buildings22€1.40M€1.38M▼
Plant, machinery and equipment23-€4k
Furniture and vehicles24€6k€4k▼
Other tangible fixed assets26€48k€41k▼
Financial fixed assets28€7k€7k=
Current assets29/58€144k€162k▲
Stocks and contracts in progress3€103k€121k▲
Stocks30/36€103k€121k▲
Amounts receivable within one year40/41€21k€17k▼
Trade receivables40€21k€17k▼
Current investments50/53€8€12▲
Cash at bank and in hand54/58€19k€25k▲
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.60M▼
Equity10/15€132k€125k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€114k€106k▼
Provisions and deferred taxes16€8k-
Provisions for liabilities and charges160/5€8k-
Pensions and similar obligations160€8k-
Amounts payable17/49€1.47M€1.47M▲
Amounts payable after more than one year17€677k€616k▼
Financial debts170/4€677k€616k▼
Amounts payable within one year42/48€790k€857k▲
Current portion of amounts payable after more than one year42€36k€35k▼
Trade debts44€40k€46k▲
Suppliers440/4€40k€46k▲
Taxes, remuneration and social security45€39k€35k▼
Taxes450/3€39k€35k▼
Other amounts payable47/48€674k€740k▲
Income statement
Code20242025
Remuneration, social security and pensions62€70k€72k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€38k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-8k
Other operating charges640/8€16k€16k▲
Gross operating margin9900€154k€136k▼
Operating profit (loss)9901€34k€17k▼
Financial income75/76B€435€17▼
Recurring financial income75€435€17▼
Financial charges65/66B€24k€22k▼
Recurring financial charges65€24k€22k▼
Profit (loss) for the period before taxes9903€10k€-5k▼
Income taxes67/77€10k€3k▼
Profit (loss) for the period9904€449€-8k▼
Profit (loss) for the period to be appropriated9905€449€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€114k€106k▼
Profit (loss) brought forward from the previous period14P€113k€114k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €37k ▲23.9%
Operating result €49k, net result €37k, both a record.
31-12
Financial
Equity above €100kEq €132k ▲38.9%
5 profitable years in a row build equity to €132k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zaventem · 3 establishment units since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tiendeschuurveld 591932 ZaventemGround area
4,990 m²
Building footprint
2,910 m²
Volume, LiDAR
58,047 m³
3 parcels, Brussels, Flanders · tallest building 40.1 m, ±8 floors. Linked by address, not a title deed.
3 establishment units
KVN Consult
since 20102.184.423.964
Designhus
since 20132.250.433.157
Husk Gallery
since 20192.288.730.044
3 parcels
Flanders
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302D0189/00E000 | Flanders | 2,465 m² | 1 · 357 m² | - |
| 21612C0045/00D002 | Brussels | 1,857 m² | 1 · 2,479 m² | 40.1 m · 8 fl. |
| 23078B0106/00Y000 | Flanders | 668 m² | 1 · 74 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
Twenty Nine Studio & Production
BE 0677.989.913
Sint-Gillis (bij-Brussel) · Eq €124,113
MSSN
BE 0894.460.259
Brussel · Eq €123,301
NATIVE
BE 0835.325.693
Brussel · Eq €121,822
Galerie de la Béraudière
BE 0648.596.339
Brussel · Eq €127,523
S&C
BE 0750.618.860
Antwerpen · Eq €127,877
Of 1,289 companies in sector 47690 we hold annual accounts for 425. 324 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-01-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47690Retail sale of other cultural and recreation goods
70200Business and other management consultancy
46180Agents specialised in the wholesale of other particular products
64210Activities of holding companies
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
6 entriesE-mail:kris@kvnconsult.be
Phone:0497/526269
Website:www.designhus.be
E-mail:kris@designhus.be
Phone:023075080
Website:www.huskgallery.com