What KVT does

KVT (legal name Koel- en verwarmingstechniek N.V.) is a Belgian industrial HVAC contractor headquartered in Lier, Belgium, operating since 1986 as part of the GVDB group of companies. The business exclusively serves industrial and commercial clients in Flanders/Belgium — manufacturing facilities, office buildings, datacentre operators, and pharmaceutical sites — and does not serve residential customers. Its offering is structured around five integrated service modules: Cooling & Air Conditioning (industrial cooling and computer-room/datacentre systems), Heating (gas and oil-fired installations for medium-to-large capacity), Ventilation (custom air distribution and filtration, including pharmaceutical applications), Electrical & Control (automatic control systems, low-voltage distribution, and building management system integration), and 24/7 Service & Maintenance (preventive and emergency support under recurring contracts).

Revenue is generated through two parallel streams: project-based revenue from the design, installation, and commissioning of new HVAC systems (and retrofits such as conversion to eco-friendly refrigerants), and recurring revenue from maintenance and emergency service contracts. Pricing is bespoke and quote-based per project scope; no public price list exists. The go-to-market motion is direct enterprise field sales, with project managers serving as the primary client-facing role from planning through installation and into the maintenance phase. Sales channels are entirely direct, with no reseller, distributor, or marketplace intermediary.

Technically, KVT relies on conventional industrial control and measurement tools rather than proprietary AI/ML systems: in-house AutoCAD-based system design, ultrasonic flow measurement for non-invasive performance verification, and integration with — or standalone operation of — building management systems. The company holds VCA safety certification (required for operating on Belgian industrial sites) and employs 70+ specialised workers, with cumulative disclosures of 600+ completed projects and 500+ clients. KVT does not participate in public capital markets, has no venture or private-equity ownership indicated, and discloses no revenue figures.

Name

KVT

Legal name

Koel- en verwarmingstechniek N.V.

Website

https://kvt-nv.be

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

KVT is a Belgian industrial HVAC contractor (heating, cooling, ventilation, and control engineering) serving manufacturing facilities, office buildings, and datacentres across Flanders via direct project sales, installations, retrofits, and 24/7 maintenance contracts.

Ownership category

akta.pro rank

Headquarters

HQ city

Lier

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. HVAC installation projects: Project-based revenue from the design, installation, and commissioning of new HVAC systems for industrial clients, including cooling, heating, ventilation, and control systems.
2. Maintenance and service contracts: Ongoing revenue from 24/7 maintenance services, emergency repairs, and scheduled preventive maintenance for HVAC installations under contract.
3. Renovation and retrofit of existing systems: Revenue from converting, upgrading, or renovating existing heating, cooling, and control installations, including conversion to eco-friendly refrigerants.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

KVT is an industrial HVAC contractor that designs, installs, renovates, and maintains heating, ventilation, air conditioning, and electrical/control systems for industrial and commercial clients in Belgium. The company delivers turnkey projects from custom engineering and AutoCAD-based design through commissioning, retrofit, and 24/7 preventive maintenance contracts, with dedicated service lines for cooling/air conditioning, heating, ventilation, electro/control, and ongoing service and maintenance.

Product overview

KVT is an industrial HVAC (Heating, Ventilation, Air Conditioning) company offering a comprehensive portfolio of five integrated service modules: Koeling & Airco (Cooling & Air Conditioning) for industrial cooling and datacenter systems; Verwarming (Heating) for gas and oil-fired heating installations; Ventilatie (Ventilation) for custom ventilation and air treatment solutions; Electro & Regeling (Electricity & Control) for building management systems and control engineering; and Service & Onderhoud (Service & Maintenance) for 24/7 emergency support and preventive maintenance contracts. These services work together as an end-to-end HVAC solution for industrial B2B clients, from design and installation through renovation and ongoing maintenance.

Differentiator

Problem solved

Functional benefit

Products and services

• Koeling & Airco (Cooling & Air Conditioning) Provides air conditioning, industrial cooling, and cooling systems for computer rooms and datacentres, including new installation, conversion, and maintenance of existing systems. Targeted at industrial and commercial clients in Belgium.
• Verwarming (Heating) Specialises in construction and renovation of heating installations including gas and oil-fired systems for medium to large capacity applications. Targeted at industrial and commercial clients in Belgium.
• Ventilatie (Ventilation) Custom ventilation projects including installation of ventilation units, air distribution networks, extraction systems, dust extraction, special filter systems, and pharmaceutical/medical applications. Targeted at industrial and commercial clients in Belgium.
• Electro & Regeling (Electricity & Control) Electrical and control engineering services including automatic control systems, low-voltage distribution, lighting networks, HVAC applications, and remote management with modern measurement equipment. Integrates with building management systems or operates as standalone. Targeted at industrial and commercial clients in Belgium.
• Service & Onderhoud (Service & Maintenance) Flexible maintenance services including 24/7 emergency repairs, CEDICOL certificates, and maintenance contracts for all HVAC installations. Targeted at industrial and commercial clients in Belgium with continuous-operation facilities.

Quantifiable outcome

• 600+ completed industrial HVAC projects
• +2 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• GVDB GroupOthersKVT is part of the GVDB group of companies. Customer data may be shared with other GVDB entities unless the customer opts out. KVT can provide a list of GVDB group companies upon request via [email protected].

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Trane Technologies: Trane Technologies is a global HVAC equipment and services manufacturer with a strong installed base across commercial and industrial customers in Europe. While primarily an OEM, its services arm competes with KVT for industrial HVAC service contracts, retrofits, and chiller replacements across the same industrial customer base.
• Carrier Commercial Refrigeration: Carrier is a global HVAC and refrigeration manufacturer with a significant commercial and industrial services footprint in Europe. Its commercial refrigeration and HVAC service business targets the same industrial cooling customers (including food, pharma, and datacenter segments) that KVT serves in Belgium.
• Veolia Belgium: Veolia's Belgian operations deliver industrial HVAC, utilities, and energy-efficiency services to industrial and commercial customers, overlapping with KVT's heating, cooling, and multi-technical service portfolio. It is a broader player with utility-scale operations but competes head-to-head for industrial HVAC maintenance and retrofit contracts.
• Imtech Belgium (Dalkia/Vinci Energies): Imtech Belgium, now part of Vinci Energies, is a long-established Belgian industrial HVAC, electrical, and automation contractor. It competes for the same industrial and commercial installation/maintenance contracts as KVT and provides an incumbent benchmark for what scale-up paths for a Belgian industrial HVAC specialist look like.
• ENGIE Solutions (Equans): ENGIE Solutions (now largely operating as Equans) is the dominant Belgian and European provider of industrial HVAC, refrigeration, and energy-efficiency services, including datacenter cooling. It addresses the same industrial B2B customer base as KVT but with national coverage, much larger engineering bench, and a broader energy-services portfolio.
• Daikin Belgium: Daikin is one of the world's largest HVAC manufacturers with a Belgian subsidiary combining equipment sales, installation, and service across commercial and industrial customers. While primarily an OEM, Daikin's applied and service divisions overlap with KVT's heating, cooling, and refrigeration installation and maintenance offering.

Direct peers

• SPIE Belgium: SPIE is one of the largest independent European multi-technical service providers, operating an industrial-services division in Belgium that delivers HVAC, electrical, and mechanical contracting to industrial and commercial customers. It is the most direct large-scale comparable to KVT's industrial HVAC contracting model, just at substantially greater scale.
• Unica Group: Unica is a leading Benelux installer and service provider for HVAC, electrical, security, and building automation across industrial and commercial customers. It is a closely comparable integrated mechanical/electrical contractor serving the same industrial project and maintenance profile as KVT across the Netherlands and parts of Belgium.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kvt-nv

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KVT