K.D.
ActiveSummary
K.D. has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,211 and a net result of €385. Equity is growing by about 62% per year across the filed financial years. Its solvency ranks better than 52% of 2,862 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 68% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €449 | €450 | €556 | €505 | €520 | ▲ 2.8% |
| Gross operating margin9900 | -€1,018 | €1,640 | €2,994 | €1,890 | €2,818 | €1,177 | €3,872 | €1,599 | ▼ 58.7% |
| Operating profit (loss)9901 | -€1,461 | €1,195 | €2,547 | €1,441 | €2,368 | €621 | €3,367 | €1,079 | ▼ 68.0% |
| Financial income75/76B | - | - | - | - | €0 | - | - | - | - |
| Recurring financial income75 | - | - | €0 | - | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €114 | €144 | €146 | €137 | €125 | ▼ 8.8% |
| Recurring financial charges65 | €316 | €95 | €91 | €114 | €144 | €146 | €137 | €125 | ▼ 8.8% |
| Profit (loss) for the period before taxes9903 | -€1,777 | €1,100 | €2,456 | €1,327 | €2,224 | €475 | €3,230 | €955 | ▼ 70.5% |
| Income taxes67/77 | €133 | €1,037 | €178 | - | €464 | €801 | €1,220 | €570 | ▼ 53.3% |
| Profit (loss) for the period9904 | -€1,910 | €63 | €2,279 | €1,327 | €1,760 | -€326 | €2,010 | €385 | ▼ 80.9% |
| Profit (loss) for the period to be appropriated9905 | -€1,910 | €63 | €2,279 | €1,327 | €1,760 | -€326 | €2,010 | €385 | ▼ 80.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1,091 | €1,168 | €1,057 | €1,266 | €3,244 | €3,838 | €3,740 | €4,092 | ▲ 9.4% |
| Current assets29/58 | €1,091 | €1,168 | €1,057 | €1,266 | €3,244 | €3,838 | €3,740 | €4,092 | ▲ 9.4% |
| Amounts receivable within one year40/41 | - | €607 | - | €934 | €1,846 | €2,680 | €3,276 | €3,249 | ▼ 0.8% |
| Trade receivables40 | - | - | - | €934 | €1,846 | €2,680 | €3,244 | €3,249 | ▲ 0.1% |
| Other amounts receivable41 | - | - | - | - | - | - | €32 | - | - |
| Cash at bank and in hand54/58 | €1,091 | €560 | €1,057 | €260 | €1,256 | €1,010 | €309 | €843 | ▲ 173% |
| Deferred charges and accrued income490/1 | - | - | - | €73 | €141 | €148 | €155 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1,091 | €1,168 | €1,057 | €1,266 | €3,244 | €3,838 | €3,740 | €4,092 | ▲ 9.4% |
| Equity10/15 | -€6,287 | -€6,224 | -€3,946 | -€2,619 | -€858 | -€1,184 | €826 | €1,211 | ▲ 46.6% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€12,487 | -€12,424 | -€10,146 | -€8,819 | -€7,058 | -€7,384 | -€5,374 | -€4,989 | ▲ 7.2% |
| Amounts payable17/49 | €7,378 | €7,392 | €5,003 | €3,885 | €4,102 | €5,022 | €2,914 | €2,881 | ▼ 1.1% |
| Amounts payable within one year42/48 | €4,863 | €3,512 | €5,003 | €3,885 | €4,102 | €5,022 | €2,914 | €2,881 | ▼ 1.1% |
| Financial debts43 | - | - | - | - | - | - | €284 | €144 | ▼ 49.3% |
| Credit institutions430/8 | - | - | - | - | - | - | €284 | €144 | ▼ 49.3% |
| Trade debts44 | €770 | €70 | €379 | €262 | €744 | €1,549 | €187 | €214 | ▲ 14.6% |
| Suppliers440/4 | - | - | - | €262 | €744 | €1,549 | €187 | €214 | ▲ 14.6% |
| Taxes, remuneration and social security45 | - | - | - | €919 | €1,230 | €1,490 | €1,981 | €2,457 | ▲ 24.0% |
| Taxes450/3 | - | - | - | €919 | €1,230 | €1,490 | €1,981 | €2,457 | ▲ 24.0% |
| Other amounts payable47/48 | - | - | - | €2,704 | €2,128 | €1,984 | €462 | €66 | ▼ 85.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,910 | €63 | €2,279 | €1,327 | €1,760 | -€326 | €2,010 | €385 | ▼ 80.9% |
| Operating cash flow (approximation) | -€1,910 | €63 | €2,279 | €1,327 | €1,760 | -€326 | €2,010 | €385 | ▼ 80.9% |
| Change in cash | - | -€531 | €497 | -€797 | €997 | -€246 | -€702 | €534 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 08-06-2026 | 2026-00144095 |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00176369 |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00191783 |
| 31-12-2022 | micro format | 04-07-2023 | 2023-00197612 |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20107581 |
| 31-12-2020 | micro format | 29-06-2021 | 2021-26700366 |
| 31-12-2019 | micro format | 03-07-2020 | 2020-25700347 |
| 31-12-2018 | micro format | 01-07-2019 | 2019-26800265 |
| 31-12-2017 | micro format | 20-07-2018 | 2018-35500154 |
| 31-12-2016 | micro format | 30-06-2017 | 2017-25500051 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.