ABDIJ-KADO
ActiveSummary
The annual accounts of ABDIJ-KADO for fiscal year 2024 show a net loss of 82% of the equity at the start of that year. The 2024 annual accounts show equity of €22k and a net result of €-96k. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 26% of 26043 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency29▼-49
Growth41=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.56 against 1.4 in 2023; short-term debt: 48.1% and cash: 0.1% of total assets), but 95.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
4.3%
Return on assets
-18.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-96k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-05-2025, 76 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
76 d early
2023
28 d late
2022
18 d early
2021
45 d late
2020
52 d late
2019
83 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€296k▲ 38.4%
2021 · €214k
2019: €238k
2020: €274k
2021: €214k
2019 → 2022
EBIT margin
5.0%▼ 12.8pp
2021 · 17.8%
2019: 15.7%
2020: 15.4%
2021: 17.8%
2019 → 2022
Net result
€-96k▼ 17.6%
2023 · €-81k
2019: €19k
2020: €25k
2021: €26k
2022: €14k
2023: €-81k
2019 → 2024
Working capital
€137k▲ 447%
2023 · €25k
2019: €176k
2020: €145k
2021: €114k
2022: €110k
2023: €25k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€274k-€214k▼ 22.1%€296k▲ 38.4%
Equity€158k-€185k▲ 16.7%€199k▲ 7.3%€117k▼ 40.9%€22k▼ 81.5%
Operating result€42k-€38k▼ 10.0%€15k▼ 60.9%€-25k€-73k▼ 192%
Net result€25k-€26k▲ 6.3%€14k▼ 48.7%€-81k€-96k▼ 17.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €73k in 2024 against €25k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €506k
Fixed assets
€126k ▼ 5.1%
Current assets
€380k ▲ 334%
Equity and liabilities €506k
Equity
€22k ▼ 81.5%
Debt
€484k ▲ 371%
Debt's share of the balance-sheet total rises from 46.7% to 95.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-63k▼
2023 · €-15k
Cash flow
€-85k▼
2023 · €-71k
Current ratio
1.56▲
2023 · 1.40
Quick ratio
0.95▲
2023 · 0.68
Debt to equity
22.36▲
2023 · 0.88
ROE
-441.1%▼
2023 · -69.3%
ROA
-18.9%▲
2023 · -36.9%
Interest coverage
-2.46▼
2023 · -0.28
Debt ≤ 1 year
€244k▲
2023 · €63k
Debt > 1 year
€241k▲
2023 · €40k
Income taxes
€450▼
2023 · €4k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€220k€506k▲
Fixed assets21/28€132k€126k▼
Tangible fixed assets22/27€96k€89k▼
Plant, machinery and equipment23-€3k
Furniture and vehicles24€7k€6k▼
Other tangible fixed assets26€88k€80k▼
Financial fixed assets28€37k€37k=
Current assets29/58€88k€380k▲
Stocks and contracts in progress3€45k€150k▲
Stocks30/36€45k€150k▲
Amounts receivable within one year40/41€40k€57k▲
Trade receivables40€6k-
Other amounts receivable41€33k€57k▲
Cash at bank and in hand54/58€2k€368▼
Deferred charges and accrued income490/1€1k€173k▲
Equity and liabilities
Total equity and liabilities10/49€220k€506k▲
Equity10/15€117k€22k▼
Contributions10/11€19k€19k=
Reserves13€99k€3k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€97k€1k▼
Amounts payable17/49€103k€484k▲
Amounts payable after more than one year17€40k€241k▲
Financial debts170/4€40k€241k▲
Amounts payable within one year42/48€63k€244k▲
Current portion of amounts payable after more than one year42€26k€13k▼
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€5k€188k▲
Suppliers440/4€5k€188k▲
Taxes, remuneration and social security45€27k€42k▲
Taxes450/3€27k€40k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€0€0=
Income statement
Code20232024
Non-recurring operating income76A€13k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€16k€43k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€2k€-20k▼
Operating profit (loss)9901€-25k€-73k▼
Financial income75/76B€713€4k▲
Recurring financial income75€713€4k▲
Financial charges65/66B€52k€26k▼
Recurring financial charges65€52k€26k▼
Non-recurring financial charges66B-€26
Profit (loss) for the period before taxes9903€-77k€-95k▼
Income taxes67/77€4k€450▼
Profit (loss) for the period9904€-81k€-96k▼
Profit (loss) for the period to be appropriated9905€-81k€-96k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-96k▼
Profit (loss) brought forward from the previous period14P€73k-
Transfer from equity791/2€8k€96k▲
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
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-96k
Net result drops to €-96k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 45 days late
2021
31-12
Financial
Highest result since 2019net €26k ▲6.3%
Net result €26k, the highest in the series.
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 52 days late
2020
31-12
Financial
Equity above €150kEq €158k ▲18.6%
2 profitable years in a row build equity to €158k.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
13-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Antwerpen · 1 establishment unit since 2017
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.
Abdijstraat 792020 AntwerpenGround area
133 m²
Building footprint
133 m²
Volume, LiDAR
972 m³
Parcel 11809I2439/00R005, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Abdij Kado
since 20172.264.082.245
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2439/00R005 | Flanders | 133 m² | 1 · 133 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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INFINITY STOFFEN
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Of 6,503 companies in sector 47716 we hold annual accounts for 2,441. 1,613 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)
Founded11-07-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.