Equity
-€20,583
Debts exceed assets in financial year 2025.
BADCON
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994peak €62,923 (2021)
€20,987▲ €26,548
lowest -€32,531 (2023)
€20,374▲ 17×
peak €10,076 (2006)
-€20,583▲ €20,374
€68,602▼ 18.6%
Board2 names since 2015
1 director
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Gross margin from -€5,561 to €20,987Result from €1,206 to €20,374Equity from -€40,957 to -€20,583Debts from €84,234 to €68,602Cash from €20,223 to €886
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as BADCON has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,795 companies, not a prediction for BADCON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452232410
Company renamed from KADET to BADCON
Registered office moved from Zwijndrecht to Kapellen · New registered office: Kerkstraat 102, 2950 Kapellen · Previous registered office: Statiestraat 106, 2070 Zwijndrecht · General meeting of 23-10-2015 · Gazette deed
First establishment
KADET BVBA, Kerkstraat 102, Kapellen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BADCON Kapellen | €48,019 | €20,987 | -42.9% | - |
| B.A.Performances Ittre | €66,106 | €30,152 | 73.6% | - |
| MATHEUSSEN WATERSPORT Oud-Turnhout | €74,099 | €29,141 | 46.3% | - |
| CLR Projects Beersel | €83,590 | €21,716 | 78.2% | - |
| YEARLING Sint-Genesius-Rode | €51,332 | €45,097 | 63.5% | - |
| GOLF ESSENTIEL Liège | €38,661 | €14,644 | 37.4% | - |
| Instylediscoveries Oudenaarde | €43,832 | €29,172 | -19.3% | - |
These companies have the same main activity as BADCON: retail sale of other sporting goods (NACE 47639). They are comparable in size and age: total assets between €38,700 and €83,600, founded between 1987 and 2006.
Official details
Source: KBO- Status
- Active since 22-03-1994Normal situation
- Activity
- Retail sale of other sporting goodsNACE 47639and 7 others
- Establishment units
- 2.067.152.9442950 Kapellen, since 10-06-1994
- 2.319.379.8662650 Edegem, since 01-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 07-11-2024
Insights on BADCON
BADCON files the micro format. That format states no turnover. The gross margin rose from €13,107 in 2006 to €20,987 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BADCON
- What is the company number of BADCON?
- The company number of BADCON is 0452.232.410. The VAT number is the same number with BE in front: BE 0452.232.410.
- Where is BADCON based?
- The registered office is at Kerkstraat 102, 2950 Kapellen.Company details
- What does BADCON do?
- According to the KBO register, the main activity is retail sale of other sporting goods (NACE 47639).
- What is the legal form of BADCON?
- BADCON is a private limited company (pre-2019) (BVBA).
- When was BADCON founded?
- BADCON was founded on 22-03-1994.
- Is BADCON still active?
- Yes, BADCON is an active enterprise in the KBO register.
- What is the turnover of BADCON?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €20,987 and 42 comparable companies (NACE 476). It probably lies between €80,000 and €350,000. It is a rough estimate.Financials
- Is BADCON profitable?
- In financial year 2025, BADCON made a profit of €20,374.
- Where can I find the annual accounts of BADCON?
- BADCON filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BADCON due?
- BADCON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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