IMMO KADO

Active

Public limited companyfounded 2006active for 20 yearsBalmoral(SART) 43, 4845 Jalhay, BelgiumKBO/BCE: BE 0879.053.887

Summary

IMMO KADO has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€125,467) and a net result of €26,049. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 24% of 1,834 sector peers (NACE 55, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisFollow Report Compare

IMMO KADOActiveChecked score 55/100

Risk analysis Report Compare

Activity

Holiday cottages, homes and apartments

NACE 55203

5th largest company by total assets in Jalhay, Accommodation and food service sector2 sites

Size

€1.7mtotal assets 2024

Staff: 1.5 FTE
Equity: -€125,467
Profit: €26,049

Turnover not published (micro format)

Financial health

55 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 1.2%

Structure

Dominique KAIVERSManaging director
Josiane ROORDADirector

2025 accounts not filed, 86 days past the deadline1 of 4 deeds summarised

Why 55raises riskCapped at 59: negative equityFigures for financial year 2024 (filed 27-08-2025)Negative equity -€125,467lowers riskSize: total assets €1.7mFounded in 2006Show the evidence

Checked score

Score 2024

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 41% of its sector peers (NACE 55, micro)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 18+2

equity -7.4% of total assets

Liquidity 15-15

short-term debt 82.2% · cash 8.4%

Profitability 66-18

return on assets 1.5%

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,515 companies, NACE 55, micro)

Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.7%▼ -0.1 percentage points vs 12-2024 02-2025: 0.8%▲ +0.1 percentage points vs 01-2025 03-2025: 0.9%▲ +0.1 percentage points vs 02-2025 04-2025: 0.8%▼ -0.1 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.2 percentage points vs 06-2025 08-2025: 1.3%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -1.0 percentage point vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.2%▲ +0.3 percentage points vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.15, compared with 0.33 in 2023, below 1; short-term debt: 82.2% and cash: 8.4% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, micro): better than 24% on solvency, 15% on liquidity, 53% on profitability and 74% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises risk

Figures for financial year 2024 (filed 27-08-2025)

NBB · annual accounts

Size: total assets €1.7m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2006

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Negative equity -€125,467

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1834 sector peers (2024).

NBB · sector comparison

Position among 1834 sector peers

Solvency

better than 24%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline25-10-2026 today

2024 accounts filed 23 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

23 days late

2023

23 days late

2022

68 days late

2021

58 days late

2020

25 days late

2019

10 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 35 days after the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

23-08-2025 Annual accounts filedfinancial year 2024 · micro…
08-07-2025 Reappointments: Dominique KAIVERS (director and managing…Gazette deed
23-08-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Risk: Negative equityfinancial year 2024: debts exceed assets -€125,467 View
Caution: Result fell in 2024from €109,680 to €26,049 ▼ 76.2% View
Caution: Among the weakest 10% on equitysector median €57,166 · 1,835 companies -€125,467 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View

By topic

Financials

Financial year: 2024
Total assets: €1.7m
Profit: €26,049
Solvency: -7.4%

Go to Financials

Board & ownership

Board: 2 members

Dominique KAIVERSManaging director
Josiane ROORDADirector

Go to Board & ownership

Timeline

Events: 22
Since: 2007

07-10-2023Annual accounts filed
31-12-2022Back to profit
27-09-2022Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Public limited company
Activity: Holiday cottages, homes and apartmentsNACE 55203
Founded: 01-02-2006
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about IMMO KADO

What is the company number of IMMO KADO?: 0879.053.887. In Belgium the VAT number is the company number with BE in front: BE 0879.053.887.
Where is IMMO KADO based?: The registered office is at Balmoral(SART) 43, 4845 Jalhay.Company details
What does IMMO KADO do?: According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
What is the legal form of IMMO KADO?: Public limited company (NV).
When was IMMO KADO founded?: On 01-02-2006.
Is IMMO KADO still active?: Yes, IMMO KADO is an active enterprise in the KBO register.
How many employees does IMMO KADO have?: On average 1.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of IMMO KADO?: €400,157 in financial year 2023, according to the filed annual accounts.
Is IMMO KADO profitable?: In financial year 2024, IMMO KADO made a profit of €26,049.
Where can I find the annual accounts of IMMO KADO?: IMMO KADO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2024.