Equity
Equity fell below zero in 2017.
Equity fell below zero in 2017.
Of this, €629,642 falls due within a year.
Four of the last ten came late. The 2018 accounts came latest: 618 days after the end of the period.
Equity fell from €257,138 in 2011 to -€303,161 in 2021.
On 25 October 2022 the court declared KADEE bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €520,000. Estimated: probably between €320,000 and €970,000.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
623,736 | 655,330 | 498,782 | 611,971 | 895,471 | 866,409 | 877,631 | 1.2m | 1.6m | 1.7m | 1.7m | 1.8m | 1.8m | 1.6m | 1.6m | |
21/28 |
6,608 | 70,878 | 103,334 | 135,982 | 152,925 | 186,027 | 214,286 | 429,522 | 751,653 | 825,909 | 851,661 | 932,927 | 948,756 | 980,811 | 1.0m | |
21 |
- | - | 0 | 2 | 7,015 | 16,888 | 34,172 | 11,737 | 16,062 | 1,743 | 2,833 | 3,923 | 5,013 | - | - | |
22/27 |
5,977 | 70,247 | 102,703 | 135,349 | 145,279 | 168,508 | 179,483 | 412,957 | 723,287 | 809,134 | 833,942 | 923,823 | 937,211 | 974,800 | 1.0m | |
22 |
0 | 59,448 | 81,217 | 103,022 | 125,595 | 139,986 | 156,618 | 347,780 | 630,383 | 690,544 | 752,823 | 817,103 | 875,612 | 934,842 | 985,455 | |
23 |
- | 0 | 187 | 374 | 560 | 1,331 | 11,950 | 50,828 | 46,576 | 46,549 | 15,356 | 18,509 | 14,210 | 5,939 | 11,108 | |
24 |
1,021 | 887 | 6,432 | 375 | 2,046 | 4,792 | 10,915 | 14,349 | 46,328 | 72,041 | 65,763 | 88,211 | 47,389 | 34,019 | 11,415 | |
28 |
631 | 631 | 631 | 631 | 631 | 631 | 631 | 4,828 | 12,305 | 15,032 | 14,886 | 5,181 | 6,532 | 6,011 | 5,641 | |
29/58 |
617,128 | 584,452 | 395,448 | 475,989 | 742,546 | 680,382 | 663,345 | 739,548 | 833,291 | 838,280 | 844,240 | 903,219 | 831,258 | 665,935 | 590,118 | |
29 |
- | - | - | 0 | 52,674 | 52,674 | 52,674 | - | - | - | - | - | - | - | - | |
291 |
- | - | - | 0 | 52,674 | 52,674 | 52,674 | - | - | - | - | - | - | - | - | |
3 |
418,703 | 232,643 | 232,707 | 326,124 | 531,626 | 442,496 | 477,617 | 508,081 | 554,671 | 565,126 | 614,704 | 464,816 | 453,068 | 318,978 | 414,830 | |
30/36 |
418,703 | 232,643 | 232,707 | 326,124 | 531,626 | 442,496 | 477,617 | 508,081 | 554,671 | 565,126 | 614,704 | 464,816 | 453,068 | 318,978 | 414,830 | |
40/41 |
136,813 | 192,717 | 114,591 | 107,310 | 93,237 | 91,178 | 74,319 | 169,268 | 224,768 | 216,085 | 97,548 | 249,133 | 277,839 | 203,707 | 68,111 | |
40 |
124,345 | 126,445 | 67,822 | 77,079 | 93,237 | 91,178 | 74,319 | 73,750 | 28,637 | 31,597 | 18,920 | 23,279 | 46,787 | 68,838 | 54,516 | |
41 |
12,468 | 66,273 | 46,769 | 30,230 | - | - | - | 95,518 | 196,131 | 184,487 | 78,629 | 225,854 | 231,052 | 134,869 | 13,595 | |
54/58 |
61,612 | 159,091 | 48,150 | 28,370 | 57,554 | 82,904 | 44,198 | 47,947 | 40,092 | 47,982 | 122,755 | 180,546 | 96,387 | 136,772 | 106,487 | |
490/1 |
- | - | 0 | 14,185 | 7,455 | 11,129 | 14,537 | 14,251 | 13,760 | 9,086 | 9,233 | 8,723 | 3,964 | 6,478 | 691 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
623,736 | 655,330 | 498,782 | 611,971 | 895,471 | 866,409 | 877,631 | 1.2m | 1.6m | 1.7m | 1.7m | 1.8m | 1.8m | 1.6m | 1.6m | |
10/15 |
-303,161 | -420,752 | -461,355 | -306,749 | -28,655 | 52,467 | 238,780 | 221,266 | 172,103 | 257,138 | 247,683 | 252,398 | 248,172 | 203,576 | 148,336 | |
10/11 |
18,600 | 18,600 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
52,098 | 52,098 | 52,098 | 52,098 | 52,098 | 52,098 | 52,098 | 52,098 | 52,098 | 52,098 | 52,098 | 52,098 | 52,098 | 52,098 | 52,098 | |
130/1 |
1,859 | 1,859 | - | - | - | - | - | 50,238 | 50,238 | 50,238 | 50,238 | 12,738 | 12,738 | 12,738 | 12,738 | |
130 |
- | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | 50,238 | 50,238 | 50,238 | 50,238 | 12,738 | 12,738 | 12,738 | 12,738 | |
132 |
50,238 | 50,238 | 50,238 | 50,238 | 50,238 | 50,238 | 50,238 | - | - | - | - | 37,500 | 37,500 | 37,500 | 37,500 | |
14 |
-373,858 | -491,449 | -532,044 | -377,439 | -99,344 | -18,222 | 168,091 | 150,577 | 101,414 | 186,448 | 176,993 | 181,709 | 177,482 | 132,887 | 77,646 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 33,000 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 33,000 | |
17/49 |
926,897 | 1.1m | 960,136 | 918,720 | 924,126 | 813,942 | 638,850 | 947,804 | 1.4m | 1.4m | 1.4m | 1.6m | 1.5m | 1.4m | 1.4m | |
17 |
297,254 | 269,562 | 309,719 | 365,306 | 374,620 | 269,272 | 270,066 | 323,441 | 635,957 | 665,642 | 731,006 | 822,442 | 750,941 | 810,453 | 837,535 | |
170/4 |
297,254 | 269,562 | 309,719 | 365,306 | 374,620 | 269,272 | 270,066 | 323,441 | 635,957 | 665,642 | 731,006 | 822,442 | 750,941 | 810,453 | 837,535 | |
42/48 |
629,642 | 806,519 | 650,417 | 553,414 | 549,506 | 544,670 | 368,784 | 624,363 | 773,283 | 738,582 | 709,375 | 753,036 | 776,056 | 628,644 | 584,865 | |
42 |
11,634 | 35,548 | 34,442 | 44,023 | 43,127 | 42,098 | 53,374 | 64,894 | 85,389 | 91,348 | 91,436 | 104,408 | 80,595 | 71,669 | 64,489 | |
43 |
0 | 233,000 | 233,000 | 233,000 | 233,000 | 233,000 | 168,000 | 382,255 | 500,000 | 485,000 | 375,000 | 375,000 | 475,000 | 410,000 | 307,249 | |
430/8 |
0 | 233,000 | 233,000 | 233,000 | 233,000 | 233,000 | 168,000 | 382,255 | 500,000 | 485,000 | 375,000 | 375,000 | 475,000 | 410,000 | 307,249 | |
44 |
380,620 | 149,366 | 130,112 | 150,355 | 168,450 | 182,873 | 76,194 | 111,339 | 80,846 | 62,066 | 116,578 | 102,210 | 80,571 | 46,337 | 111,895 | |
440/4 |
380,620 | 149,366 | 130,112 | 150,355 | 168,450 | 182,873 | 76,194 | 111,339 | 80,846 | 62,066 | 116,578 | 102,210 | 80,571 | 46,337 | 111,895 | |
45 |
200,367 | 363,605 | 227,863 | 101,035 | 79,929 | 60,899 | 46,216 | 40,875 | 67,047 | 38,168 | 44,361 | 21,270 | 45,492 | 27,739 | 17,552 | |
450/3 |
186,322 | 351,621 | 215,484 | 69,078 | 65,086 | 27,638 | 27,538 | 22,926 | 20,903 | 23,372 | 29,836 | 5,798 | 34,445 | 19,665 | 7,130 | |
454/9 |
14,044 | 11,985 | 12,379 | 31,957 | 14,843 | 33,261 | 18,677 | 17,950 | 46,144 | 14,796 | 14,525 | 15,472 | 11,047 | 8,074 | 10,422 | |
47/48 |
37,021 | 25,000 | 25,000 | 25,000 | 25,000 | 25,800 | 25,000 | 25,000 | 40,000 | 62,000 | 82,000 | 150,149 | 94,399 | 72,899 | 83,681 | |
492/3 |
- | - | - | - | - | - | - | - | 3,601 | 2,827 | 7,837 | 8,270 | 4,846 | 4,072 | - | |
| Income statement | ||||||||||||||||
76A |
113,052 | - | - | 0 | 413 | - | 166,766 | 185,044 | - | - | - | - | - | - | - | |
9900 |
203,959 | 199,760 | 81,756 | -20,612 | 149,934 | 104,779 | 144,309 | 491,060 | 284,019 | 398,487 | 284,272 | 528,060 | 457,905 | 377,047 | 173,357 | |
62 |
62,226 | 92,238 | 100,488 | 121,690 | 160,692 | 193,685 | 191,341 | 346,977 | 227,484 | 199,073 | 245,267 | 200,847 | 121,232 | 95,706 | 41,632 | |
630 |
6,047 | 32,456 | 32,647 | 41,723 | 33,102 | 43,451 | 41,570 | 141,443 | 109,796 | 94,450 | 95,196 | 98,951 | 91,772 | 91,010 | 80,795 | |
631/4 |
- | 0 | 35,158 | 53,080 | - | - | - | - | - | - | -147,500 | 42,500 | 32,500 | - | - | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | -33,000 | -17,000 | |
640/8 |
4,398 | 5,582 | 38,832 | 10,983 | 6,294 | 6,210 | 4,051 | 17,532 | 8,745 | 10,152 | 7,969 | 16,569 | 6,478 | 2,246 | 200 | |
66A |
- | - | - | - | 491 | 13,088 | - | 52,024 | - | - | - | - | - | - | - | |
9901 |
131,288 | 69,483 | -125,370 | -248,088 | -50,644 | -138,568 | -92,653 | -14,892 | -62,007 | 94,813 | 83,340 | 169,192 | 205,924 | 221,085 | 67,729 | |
75/76B |
2,336 | 0 | 715 | 319 | 2,214 | 379 | 2,095 | 39,269 | 37,421 | 21,303 | 41,584 | 83,792 | 31,554 | 17,804 | 12,926 | |
75 |
2,336 | 0 | 715 | 319 | 2,214 | 379 | 2,095 | 39,269 | 37,421 | 21,303 | 41,584 | 83,792 | 31,554 | 17,804 | 12,926 | |
65/66B |
15,519 | 28,498 | 22,177 | 30,326 | 32,585 | 34,949 | 52,260 | 107,570 | 57,270 | 65,256 | 80,389 | 120,521 | 97,868 | 159,501 | 46,913 | |
65 |
15,519 | 28,498 | 22,177 | 30,326 | 32,585 | 34,949 | 52,260 | 107,570 | 57,270 | 65,256 | 80,389 | 120,521 | 97,868 | 159,501 | 46,913 | |
9903 |
118,105 | 40,986 | -146,832 | -278,094 | -81,016 | -186,226 | 23,949 | 49,827 | -81,856 | 50,860 | 44,535 | 132,464 | 139,610 | 79,388 | 33,742 | |
67/77 |
514 | 391 | 7,774 | 0 | 106 | 87 | 6,434 | 664 | 3,179 | 19,405 | 7,250 | 3,237 | 20,015 | 24,147 | 6,475 | |
9904 |
117,591 | 40,595 | -154,606 | -278,094 | -81,122 | -186,313 | 17,514 | 49,163 | -85,034 | 31,455 | 37,285 | 129,227 | 119,595 | 55,240 | 27,267 | |
9905 |
117,591 | 40,595 | -154,606 | -278,094 | -81,122 | -186,313 | 17,514 | 49,163 | -85,034 | 31,455 | 37,285 | 129,227 | 119,595 | 55,240 | 27,267 | |
| Appropriation of the result | ||||||||||||||||
9906 |
-373,858 | -491,449 | -532,044 | -377,439 | -99,344 | -18,222 | 168,091 | 150,577 | 101,414 | 208,448 | 218,993 | 306,709 | 252,482 | 132,887 | 92,646 | |
694/7 |
- | - | - | - | - | - | - | - | - | 22,000 | 42,000 | 125,000 | 75,000 | - | 15,000 | |
694 |
- | - | - | - | - | - | - | - | - | 22,000 | 24,000 | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | 18,000 | 125,000 | 75,000 | - | 15,000 | |
| Social balance sheet | ||||||||||||||||
9087 |
1 | 1.6 | 2 | 2.5 | 3 | 4 | 3.7 | 3.8 | 3.7 | 4.4 | 5.7 | 4.9 | 3.9 | 3.1 | 1 | |
Hours worked1013 |
1,830 | 2,978 | 3,502 | 3,684 | 4,437 | 5,951 | 5,703 | 10,614 | 6,517 | 7,882 | 9,410 | 8,293 | 6,622 | 5,508 | 1,776 | |
| Document | ||||||||||||||||
The accounts for 13 older financial years (1993-2005) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2021 (PDF), filed on 31-03-2022.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-08-2021 | abbreviated format | 31-03-2022 | 2022-09900291 | |
| 31-08-2020 | abbreviated format | 18-03-2021 | 2021-07800451 | |
| 31-08-2019 | abbreviated format | 08-12-2020 | 2020-74700601 | |
| 31-08-2018 | abbreviated format | 08-12-2020 | 2020-74700600 | |
| 31-08-2017 | abbreviated format | 25-06-2018 | 2018-23900377 | |
| 31-08-2016 | abbreviated format | 28-02-2017 | 2017-05300517 | |
| 31-08-2015 | abbreviated format | 15-03-2016 | 2016-06400522 | |
| 31-08-2014 | abbreviated format | 17-02-2015 | 2015-04300566 | |
| 31-12-2012 | abbreviated format | 12-07-2013 | 2013-29700402 | |
| 31-12-2011 | abbreviated format | 03-08-2012 | 2012-38500172 | |
| 31-12-2010 | abbreviated format | 29-06-2011 | 2011-23100294 | |
| 31-12-2009 | abbreviated format | 30-06-2010 | 2010-24700014 | |
| 31-12-2008 | abbreviated format | 29-06-2009 | 2009-31900120 | |
| 31-12-2007 | abbreviated format | 24-07-2008 | 2008-44800092 | |
| 31-12-2006 | abbreviated format | 24-05-2007 | 2007-15400296 | |
| 31-12-2005 | abbreviated format | 29-05-2006 | 2006-17103321 | |
| 31-12-2004 | abbreviated format | 26-05-2005 | 2005-17303882 | |
| 31-12-2003 | abbreviated format | 30-06-2004 | 2004-36302226 | |
| 31-12-2002 | abbreviated format | 30-06-2003 | 2003-36404257 | |
| 31-12-2001 | abbreviated format | 25-06-2002 | 2002-27004661 | |
| 31-12-2000 | abbreviated format | 06-07-2001 | 2001-34803936 | |
| 31-12-1999 | abbreviated format | 03-07-2000 | 2000-35701033 | |
| 31-12-1998 | abbreviated format | 21-12-1999 | 1999-64100596 | |
| 31-12-1997 | abbreviated format | 22-07-1998 | 1998-35004905 | |
| 31-12-1996 | abbreviated format | 30-06-1997 | 1997-23103193 | |
| 31-12-1995 | abbreviated format | 24-06-1996 | 1996-19505112 | |
| 31-12-1994 | abbreviated format | 07-07-1995 | 1995-37500284 | |
| 31-12-1993 | abbreviated format | 30-06-1994 | 1994-24405177 |
| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 137,335 | 101,939 | -92,722 | -206,365 | -17,542 | -95,117 | -51,083 | 126,551 | 47,790 | 189,263 | 178,536 | 268,144 | 297,695 | 312,095 | 148,525 | ||
| 123,638 | 73,051 | -121,958 | -236,371 | -48,020 | -142,862 | 59,084 | 190,606 | 24,762 | 125,905 | 132,481 | 228,178 | 211,367 | 146,250 | 108,062 | ||
| 1,225 | 0 | 0 | 24,780 | 0 | 51,196 | 32,854 | 4,000 | 38,533 | 68,698 | 13,930 | 84,474 | 59,717 | 58,203 | 663,343 | ||
| -97,479 | 110,941 | 19,779 | -29,184 | -25,350 | 38,706 | -3,749 | - | -7,890 | -74,772 | -57,791 | 84,159 | -40,384 | 30,285 | - | ||
| -12,515 | -222,067 | -254,969 | -77,425 | 193,041 | 135,712 | 294,561 | 115,185 | 60,008 | 99,698 | 134,865 | 150,183 | 55,203 | 37,291 | 5,253 | ||
| -48.6% | -64.2% | -92.5% | -50.1% | -3.2% | 6.1% | 27.2% | 18.9% | 10.9% | 15.5% | 14.6% | 13.7% | 13.9% | 12.4% | 9.2% | ||
| 0.98 | 0.72 | 0.61 | 0.86 | 1.35 | 1.25 | 1.80 | 1.18 | 1.08 | 1.13 | 1.19 | 1.20 | 1.07 | 1.06 | 1.01 | ||
| 0.32 | 0.44 | 0.25 | 0.27 | 0.38 | 0.44 | 0.50 | 0.37 | 0.36 | 0.37 | 0.32 | 0.58 | 0.49 | 0.55 | 0.30 | ||
| - | - | - | - | - | 15.51 | 2.68 | 4.28 | 8.21 | 5.47 | 5.85 | 6.27 | 6.17 | 7.09 | 9.59 | ||
| - | - | - | - | - | -355.1% | 7.3% | 22.2% | -49.4% | 12.2% | 15.1% | 51.2% | 48.2% | 27.1% | 18.4% | ||
| 18.9% | 6.2% | -31.0% | -45.4% | -9.1% | -21.5% | 2.0% | 4.2% | -5.4% | 1.9% | 2.2% | 7.0% | 6.7% | 3.4% | 1.7% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2021 is 89% higher than in 2020 and the highest since 2009. It is the third rise in a row, after the fall in 2018.
Equity is negative. Debt (€926,897) exceeds the balance-sheet total (€623,736).
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
KADEE is no longer in the KBO register.
If something looks wrong or is missing, please tell us.