Equity
KACON has made a profit in every financial year since 2023.
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KACON has made a profit in every financial year since 2023.
Green is investment, beige is depreciation.
The 2024 accounts came 29 days late. The other two were filed on time.
In July 2024, 39,278 companies had the same profile as KACON has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for KACON. 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.
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| Company | ||||
|---|---|---|---|---|
| KACON Aalst | €165,200 | 31.3% | 60.1% | - |
| KWL TECHNOLOGIES Evere | €191,077 | 27.2% | 76.1% | - |
| Chappter Kapelle-op-den-Bos | €131,100 | 48.3% | 84.2% | - |
| KivoSec Consulting Brussels | - | - | 89.9% | - |
| HelixIT Namur | - | - | 79.2% | - |
| REFLEXO IT Verviers | - | - | 18.2% | - |
| ELISEC Lochristi | - | - | 74.6% | - |
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as KACON: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €156,000 and €205,000, founded between 2022 and 2023.
KACON files the micro format. That format states no turnover. The gross margin fell from €57,447 in 2023 to €56,492 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.
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