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Kabiat

Active
Partnership limited by sharesfounded 201115 yrs activeVarenbergstraat 3, 3360 Bierbeek, BelgiumKBO/BCE: BE 0838.611.520
Summary

For the legal form of Kabiat, Checked does not compute a bankruptcy probability. The 2024 annual accounts show equity of €311,311 and a net result of €23,385. Equity remains stable across the filed fiscal years (±2.2% per year). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
89 / 100
Excellent▲ +12 vs 2023
Axes · tick = 2023
Profitability56▲+24
Solvency100=
Growth32▼-20
Track record100
Credit verdict
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 25.3 against 62.02 in 2023; short-term debt: 3.7% and cash: 61.5% of total assets), and 3.7% of the assets are financed with debt.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
1 d early
2022
on the day
2021
1 d early
2020
2 d early
2019
14 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 August 2011, Kabiat was incorporated.1 Total assets went from EUR 381,655 in 2018 to EUR 323,297 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€311,311▼ 19.5%
2023 · €386,751
Total assets
€323,297▼ 29.6%
2023 · €459,062
Net result
€23,385
2023 · -€10,863
Working capital
€291,311▼ 32.6%
2023 · €431,983
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€32,644▼ 586%€200,932-€51,544-€16,038▲ 68.9%-€44,966▼ 180%
Net result€50,352€86,425▲ 71.6%-€51,583-€10,863▲ 78.9%€23,385
Equity€362,773▲ 16.1%€449,198▲ 23.8%€397,615▼ 11.5%€386,751▼ 2.7%€311,311▼ 19.5%
Total assets€634,810▲ 40.3%€518,300▼ 18.4%€484,735▼ 6.5%€459,062▼ 5.3%€323,297▼ 29.6%
Debt€272,037▲ 94.2%€69,102▼ 74.6%€87,120▲ 26.1%€72,311▼ 17.0%€11,987▼ 83.4%
Working capital€614,497▲ 45.8%€494,429▼ 19.5%€442,846▼ 10.4%€431,983▼ 2.5%€291,311▼ 32.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2020: -€32,644-€32,644Net result 2020: €50,352€50,352Operating result 2021: €200,932€200,932Net result 2021: €86,425€86,425Operating result 2022: -€51,544-€51,544Net result 2022: -€51,583-€51,583Operating result 2023: -€16,038-€16,038Net result 2023: -€10,863-€10,863Operating result 2024: -€44,966-€44,966Net result 2024: €23,385€23,38520202021202220232024-€60,000-€40,000-€20,000€0€20,000Operating result 2022: -€51,544-€51,500Net result 2022: -€51,583-€51,600Operating result 2023: -€16,038-€16,000Net result 2023: -€10,863-€10,900Operating result 2024: -€44,966-€45,000Net result 2024: €23,385€23,400202220232024
The operating result stays negative: a loss of €44,966 in 2024 against €16,038 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €323,297
Fixed assets €20,000 =
Current assets €303,297 ▼ 30.9%
Equity and liabilities €323,297
Equity €311,311 ▼ 19.5%
Debt €11,987 ▼ 83.4%
Debt's share of the balance-sheet total falls from 15.8% to 3.7%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
25.30▼
2023 · 62.02
Debt to equity
0.04▼
2023 · 0.19
ROE
7.5%▲
2023 · -2.8%
ROA
7.2%▲
2023 · -2.4%
Debt ≤ 1 year
€11,987▲
2023 · €7,079
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€459,062€323,297▼
Fixed assets21/28€20,000€20,000=
Financial fixed assets28€20,000€20,000=
Current assets29/58€439,062€303,297▼
Amounts receivable within one year40/41€101,237€104,400▲
Other amounts receivable41€101,237€104,400▲
Cash at bank and in hand54/58€337,826€198,897▼
Equity and liabilities
Total equity and liabilities10/49€459,062€323,297▼
Equity10/15€386,751€311,311▼
Contributions10/11€201,500€201,500=
Capital10€201,500€201,500=
Issued capital100€201,500€201,500=
Reserves13€86,425€86,425=
Distributable reserves133€86,425€86,425=
Profit (loss) carried forward14€98,826€23,385▼
Amounts payable17/49€72,311€11,987▼
Amounts payable within one year42/48€7,079€11,987▲
Trade debts44€7,079€11,987▲
Suppliers440/4€7,079€11,987▲
Accrued charges and deferred income492/3€65,232-
Income statement Code20232024
Other operating charges640/8€384€387▲
Gross operating margin9900-€15,654-€44,579▼
Operating profit (loss)9901-€16,038-€44,966▼
Financial income75/76B€5,214€68,395▲
Recurring financial income75€5,214€68,395▲
Financial charges65/66B€39€44▲
Recurring financial charges65€39€44▲
Profit (loss) for the period before taxes9903-€10,863€23,385▲
Profit (loss) for the period9904-€10,863€23,385▲
Profit (loss) for the period to be appropriated9905-€10,863€23,385▲
Appropriation of the result
Profit (loss) to be appropriated9906€98,826€122,212▲
Profit (loss) brought forward from the previous period14P€109,689€98,826▼
Profit to be distributed694/7-€98,826
Return on contributions (dividend)694-€98,826

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€2,635€348€384€387▲ 0.8%
Gross operating margin9900€193€203,567-€51,197-€15,654-€44,579▼ 185%
Operating profit (loss)9901-€32,644€200,932-€51,544-€16,038-€44,966▼ 180%
Financial income75/76B-€2,737-€5,214€68,395▲ 1,212%
Recurring financial income75€85,150€2,737-€5,214€68,395▲ 1,212%
Financial charges65/66B-€93,387€39€39€44▲ 11.5%
Recurring financial charges65€2,154€93,387€39€39€44▲ 11.5%
Profit (loss) for the period before taxes9903€50,352€110,282-€51,583-€10,863€23,385▲ 315%
Income taxes67/77€0€23,857----
Profit (loss) for the period9904€50,352€86,425-€51,583-€10,863€23,385▲ 315%
Profit (loss) for the period to be appropriated9905€50,352€86,425-€51,583-€10,863€23,385▲ 315%
Line20202021202220232024Change
Assets
Total assets20/58€634,810€518,300€484,735€459,062€323,297▼ 29.6%
Fixed assets21/28€20,000€20,000€20,000€20,000€20,000=
Financial fixed assets28€20,000€20,000€20,000€20,000€20,000=
Current assets29/58€614,810€498,300€464,735€439,062€303,297▼ 30.9%
Stocks and contracts in progress3€560,467€0€0---
Stocks30/36-€0€0---
Amounts receivable within one year40/41€20,000€89,288€105,166€101,237€104,400▲ 3.1%
Other amounts receivable41-€89,288€105,166€101,237€104,400▲ 3.1%
Cash at bank and in hand54/58€31,088€409,012€359,569€337,826€198,897▼ 41.1%
Deferred charges and accrued income490/1-€0€0---
Equity and liabilities
Total equity and liabilities10/49€634,810€518,300€484,735€459,062€323,297▼ 29.6%
Equity10/15€362,773€449,198€397,615€386,751€311,311▼ 19.5%
Contributions10/11€201,500€201,500€201,500€201,500€201,500=
Capital10-€201,500€201,500€201,500€201,500=
Issued capital100-€201,500€201,500€201,500€201,500=
Reserves13-€86,425€86,425€86,425€86,425=
Distributable reserves133-€86,425€86,425€86,425€86,425=
Profit (loss) carried forward14€161,273€161,273€109,689€98,826€23,385▼ 76.3%
Amounts payable17/49€272,037€69,102€87,120€72,311€11,987▼ 83.4%
Amounts payable after more than one year17€206,493€0€0---
Financial debts170/4-€0€0---
Amounts payable within one year42/48€313€3,870€21,889€7,079€11,987▲ 69.3%
Trade debts44€313€3,870€21,889€7,079€11,987▲ 69.3%
Suppliers440/4-€3,870€21,889€7,079€11,987▲ 69.3%
Other amounts payable47/48-€0€0---
Accrued charges and deferred income492/3-€65,232€65,232€65,232--
Line20202021202220232024Change
Profit (loss) for the period9904€50,352€86,425-€51,583-€10,863€23,385▲ 315%
Operating cash flow (approximation)€50,352€86,425-€51,583-€10,863€23,385▲ 315%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€377,924-€49,443-€21,743-€138,929▼ 539%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €23,385
Net result €23,385 after 2 loss-making years.
30-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity triplescurrent ratio 62.02
Current ratio from 21.23 to 62.02; short-term debt falls from €21,889 to €7,079.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet -€51,583
Net result drops to -€51,583, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €50,352
Net result €50,352 after one loss-making year.
14-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
09-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Bierbeek · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
315 m²
Building footprint
315 m²
Volume, LiDAR
2,972 m³
Parcel 24065A0104/00D000, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Kabiat Comm VA
Varenbergstraat 3, 3360 BierbeekFinancial service activities, except insurance and pension funding
since 20112.201.689.865
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24065A0104/00D000 Flanders 315 m² 1 · 315 m² 14.2 m · 3 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.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 2

According to the 2024 annual accounts of Kabiat and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Company details

Identification
Legal formPartnership limited by shares
Founded18-08-2011
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

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