Kaatwee
ActiveSummary
Kaatwee has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,247 and a net result of €16,825. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 16718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+7
Solvency55▼-44
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 4.47 in 2024; short-term debt: 70.3% and cash: 67.7% of total assets), and 70.3% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.7%
Return on assets
11.1%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
7 d early
2023
30 d late
2022
28 d late
2021
3 d early
2020
2 d early
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€45,247▼ 61.2%
2024 · €116,657
Total assets
€152,255▼ 3.6%
2024 · €157,905
Net result
€16,825▲ 76.7%
2024 · €9,522
Working capital
€25,060▼ 72.2%
2024 · €90,055
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€92,209▲ 18.8%-€14,818€26,880€10,604▼ 60.6%€20,840▲ 96.5%
Net result€82,836within the sector's middle half▲ 30.5%-€14,585below the sector's middle half€17,162below the sector's middle half€9,522below the sector's middle half▼ 44.5%€16,825below the sector's middle half▲ 76.7%
Equity€209,804within the sector's middle half▲ 48.1%€207,620within the sector's middle half▼ 1.0%€224,782within the sector's middle half▲ 8.3%€116,657within the sector's middle half▼ 48.1%€45,247within the sector's middle half▼ 61.2%
Total assets€313,618within the sector's middle half▲ 93.0%€287,334within the sector's middle half▼ 8.4%€283,900within the sector's middle half▼ 1.2%€157,905within the sector's middle half▼ 44.4%€152,255within the sector's middle half▼ 3.6%
Debt€103,814▲ 399%€79,715▼ 23.2%€59,118▼ 25.8%€41,248▼ 30.2%€107,008▲ 159%
Working capital€187,590▲ 35.5%€182,754▼ 2.6%€202,170▲ 10.6%€90,055▼ 55.5%€25,060▼ 72.2%
Solvency66.9%within the sector's middle half▼ 20.3pp72.3%within the sector's middle half▲ 5.4pp79.2%within the sector's middle half▲ 6.9pp73.9%within the sector's middle half▼ 5.3pp29.7%within the sector's middle half▼ 44.2pp
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 97% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152,255
Fixed assets
€20,187 ▼ 51.8%
Current assets
€132,068 ▲ 13.9%
Equity and liabilities €152,255
Equity
€45,247 ▼ 61.2%
Debt
€107,008 ▲ 159%
Debt's share of the balance-sheet total rises from 26.1% to 70.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€43,932▲
2024 · €33,641
Cash flow
€39,918▲
2024 · €32,559
Current ratio
1.23▼
2024 · 4.47
Debt to equity
2.36▲
2024 · 0.35
ROE
37.2%▲
2024 · 8.2%
ROA
11.1%▲
2024 · 6.0%
Interest coverage
124.63▲
2024 · 28.68
Debt ≤ 1 year
€107,008▲
2024 · €25,946
Income taxes
€4,982▲
2024 · €3,201
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,049 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 5,049 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €12,700 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,908 | €24,637 | €21,460 | €23,038 | €23,092 | ▲ 0.2% |
| Other operating charges640/8 | €1,327 | €872 | €1,288 | €1,157 | €1,158 | ▲ 0.1% |
| Gross operating margin9900 | €103,443 | €10,690 | €49,628 | €34,799 | €45,090 | ▲ 29.6% |
| Operating profit (loss)9901 | €92,209 | -€14,818 | €26,880 | €10,604 | €20,840 | ▲ 96.5% |
| Financial income75/76B | €11,335 | €1,681 | €4,116 | €3,292 | €1,320 | ▼ 59.9% |
| Recurring financial income75 | €11,335 | €1,681 | €4,116 | €3,292 | €1,320 | ▼ 59.9% |
| Financial charges65/66B | €3,332 | €1,133 | €7,067 | €1,173 | €353 | ▼ 69.9% |
| Recurring financial charges65 | €3,332 | €1,133 | €7,067 | €1,173 | €353 | ▼ 69.9% |
| Profit (loss) for the period before taxes9903 | €100,212 | -€14,271 | €23,929 | €12,723 | €21,808 | ▲ 71.4% |
| Income taxes67/77 | €17,376 | €314 | €6,766 | €3,201 | €4,982 | ▲ 55.6% |
| Profit (loss) for the period9904 | €82,836 | -€14,585 | €17,162 | €9,522 | €16,825 | ▲ 76.7% |
| Profit (loss) for the period to be appropriated9905 | €82,836 | -€14,585 | €17,162 | €9,522 | €16,825 | ▲ 76.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €313,618 | €287,334 | €283,900 | €157,905 | €152,255 | ▼ 3.6% |
| Fixed assets21/28 | €100,623 | €78,750 | €57,290 | €41,903 | €20,187 | ▼ 51.8% |
| Tangible fixed assets22/27 | €100,623 | €78,750 | €57,290 | €41,903 | €20,187 | ▼ 51.8% |
| Plant, machinery and equipment23 | €847 | €2,301 | €1,380 | €2,565 | €3,029 | ▲ 18.1% |
| Furniture and vehicles24 | €99,776 | €76,449 | €55,910 | €39,339 | €17,158 | ▼ 56.4% |
| Current assets29/58 | €212,995 | €208,584 | €226,610 | €116,001 | €132,068 | ▲ 13.9% |
| Amounts receivable within one year40/41 | €30,998 | €30,933 | €22,893 | €16,989 | €22,806 | ▲ 34.2% |
| Trade receivables40 | €25,847 | €14,453 | €6,514 | €7,500 | €15,453 | ▲ 106% |
| Other amounts receivable41 | €5,151 | €16,480 | €16,379 | €9,489 | €7,353 | ▼ 22.5% |
| Current investments50/53 | €161,936 | €70,148 | €67,560 | €2,353 | €2,353 | = |
| Cash at bank and in hand54/58 | €14,161 | €102,096 | €126,150 | €89,283 | €103,058 | ▲ 15.4% |
| Deferred charges and accrued income490/1 | €5,900 | €5,407 | €10,006 | €7,376 | €3,851 | ▼ 47.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €313,618 | €287,334 | €283,900 | €157,905 | €152,255 | ▼ 3.6% |
| Equity10/15 | €209,804 | €207,620 | €224,782 | €116,657 | €45,247 | ▼ 61.2% |
| Contributions10/11 | €6,200 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €6,200 | €18,600 | - | - | - | - |
| Other1109/19 | €6,200 | €18,600 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €206,182 | €98,057 | €26,647 | ▼ 72.8% |
| Distributable reserves133 | €1,860 | €1,860 | €206,182 | €98,057 | €26,647 | ▼ 72.8% |
| Profit (loss) carried forward14 | €201,744 | €187,160 | - | - | - | - |
| Amounts payable17/49 | €103,814 | €79,715 | €59,118 | €41,248 | €107,008 | ▲ 159% |
| Amounts payable after more than one year17 | €78,409 | €53,884 | €34,678 | €15,302 | - | - |
| Financial debts170/4 | €78,409 | €53,884 | €34,678 | €15,302 | - | - |
| Amounts payable within one year42/48 | €25,405 | €25,830 | €24,440 | €25,946 | €107,008 | ▲ 312% |
| Current portion of amounts payable after more than one year42 | €18,871 | €21,702 | €19,206 | €19,376 | €15,302 | ▼ 21.0% |
| Financial debts43 | - | €0 | - | - | - | - |
| Credit institutions430/8 | - | €0 | - | - | - | - |
| Trade debts44 | €194 | €2,152 | €1,850 | €1,698 | €1,698 | = |
| Suppliers440/4 | €194 | €2,152 | €1,850 | €1,698 | €1,698 | = |
| Taxes, remuneration and social security45 | €5,741 | - | - | - | - | - |
| Taxes450/3 | €5,741 | - | - | - | - | - |
| Other amounts payable47/48 | €599 | €1,976 | €3,384 | €4,872 | €90,008 | ▲ 1,747% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €82,836 | -€14,585 | €17,162 | €9,522 | €16,825 | ▲ 76.7% |
| + Depreciation and write-downs630 | €9,908 | €24,637 | €21,460 | €23,038 | €23,092 | ▲ 0.2% |
| Operating cash flow (approximation) | €92,744 | €10,052 | €38,622 | €32,559 | €39,918 | ▲ 22.6% |
| Investment in fixed assets (approximation) | - | -€2,764 | €0 | -€7,651 | -€1,376 | ▲ 82.0% |
| Change in cash | - | €87,935 | €24,054 | -€36,867 | €13,774 | ▲ 137% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €17,162
Net result €17,162 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet -€14,585
Net result drops to -€14,585, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €82,836 ▲30.5%
Operating result €92,209, net result €82,836, both a record.
31-12
Financial
Equity above €200,000Eq €209,804 ▲48.1%
4 profitable years in a row build equity to €209,804.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100,000Eq €141,674 ▲57.5%
3 profitable years in a row build equity to €141,674.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Ranst · 1 establishment unit since 2014
Ground area
327 m²
Building footprint
124 m²
Volume, LiDAR
741 m³
Parcel 11035B0365/00N003, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kaatwee
since 20142.237.654.396
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11035B0365/00N003 | Flanders | 327 m² | 1 · 124 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
699400HKI6GQ4DYG9P35
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Of 10,437 companies in sector 86995 we hold annual accounts for 886. 672 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
86995Nutrition and dietetics services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0506762444
Also
9925:BE0506762444
Registered
20-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.