Kadek
ActiveSummary
For Kadek, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €83,381 and a net result of €73,000. Equity is growing by ~49% per year across the filed fiscal years. Its solvency ranks better than 33% of 34206 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100=
Solvency62▼-38
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
36.9%
Return on assets
32.3%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-07-2024, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
on the day
2022
55 d early
2021
58 d early
2020
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€83,381▼ 38.4%
2022 · €135,381
Total assets
€225,730▲ 41.7%
2022 · €159,258
Net result
€73,000▲ 26.8%
2022 · €57,587
Working capital
€82,909▼ 37.6%
2022 · €132,767
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line2020202120222023
Operating result€44,496-€47,646▲ 7.1%€72,705▲ 52.6%€91,244▲ 25.5%
Net result€35,233within the sector's middle half-€37,561within the sector's middle half▲ 6.6%€57,587within the sector's middle half▲ 53.3%€73,000above the sector's middle half▲ 26.8%
Equity€40,233within the sector's middle half-€77,794within the sector's middle half▲ 93.4%€135,381within the sector's middle half▲ 74.0%€83,381within the sector's middle half▼ 38.4%
Total assets€60,353below the sector's middle half-€96,235within the sector's middle half▲ 59.5%€159,258within the sector's middle half▲ 65.5%€225,730within the sector's middle half▲ 41.7%
Debt€20,121-€18,441▼ 8.3%€23,877▲ 29.5%€142,349▲ 496%
Working capital€38,928-€75,076▲ 92.9%€132,767▲ 76.8%€82,909▼ 37.6%
Solvency66.7%within the sector's middle half-80.8%above the sector's middle half▲ 14.2pp85.0%above the sector's middle half▲ 4.2pp36.9%within the sector's middle half▼ 48.1pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2023 is 25% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €225,730
Fixed assets
€1,809 ▼ 30.8%
Current assets
€223,922 ▲ 42.9%
Equity and liabilities €225,730
Equity
€83,381 ▼ 38.4%
Debt
€142,349 ▲ 496%
Debt's share of the balance-sheet total rises from 15.0% to 63.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€92,049▲
2022 · €73,510
Cash flow
€73,805▲
2022 · €58,393
Current ratio
1.59▼
2022 · 6.56
Debt to equity
1.71▲
2022 · 0.18
ROE
87.5%▲
2022 · 42.5%
ROA
32.3%▼
2022 · 36.2%
Interest coverage
993.09▼
2022 · 1884.88
Debt ≤ 1 year
€141,013▲
2022 · €23,877
Debt > 1 year
€1,336
Income taxes
€19,505▲
2022 · €15,078
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €848 | €585 | €806 | €806 | = |
| Other operating charges640/8 | - | €1,059 | €965 | €1,543 | ▲ 60.0% |
| Gross operating margin9900 | €46,390 | €49,289 | €74,475 | €93,593 | ▲ 25.7% |
| Operating profit (loss)9901 | €44,496 | €47,646 | €72,705 | €91,244 | ▲ 25.5% |
| Financial income75/76B | - | - | €0 | €1,353 | ▲ 13,534,300% |
| Recurring financial income75 | - | - | €0 | €1,353 | ▲ 13,534,300% |
| Financial charges65/66B | - | €40 | €39 | €93 | ▲ 138% |
| Recurring financial charges65 | €43 | €40 | €39 | €93 | ▲ 138% |
| Profit (loss) for the period before taxes9903 | €44,453 | €47,606 | €72,666 | €92,504 | ▲ 27.3% |
| Income taxes67/77 | €9,220 | €10,044 | €15,078 | €19,505 | ▲ 29.4% |
| Profit (loss) for the period9904 | €35,233 | €37,561 | €57,587 | €73,000 | ▲ 26.8% |
| Profit (loss) for the period to be appropriated9905 | €35,233 | €37,561 | €57,587 | €73,000 | ▲ 26.8% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €60,353 | €96,235 | €159,258 | €225,730 | ▲ 41.7% |
| Formation expenses20 | €39 | €0 | - | - | - |
| Fixed assets21/28 | €1,265 | €3,420 | €2,614 | €1,809 | ▼ 30.8% |
| Tangible fixed assets22/27 | €1,160 | €3,315 | €2,509 | €1,704 | ▼ 32.1% |
| Furniture and vehicles24 | - | €3,315 | €2,509 | €1,704 | ▼ 32.1% |
| Financial fixed assets28 | €105 | €105 | €105 | €105 | = |
| Current assets29/58 | €59,049 | €92,815 | €156,644 | €223,922 | ▲ 42.9% |
| Amounts receivable within one year40/41 | €12,003 | €12,545 | €16,322 | €7,355 | ▼ 54.9% |
| Trade receivables40 | - | €12,545 | €14,400 | €454 | ▼ 96.8% |
| Other amounts receivable41 | - | €0 | €1,922 | €6,901 | ▲ 259% |
| Current investments50/53 | - | - | - | €16,161 | - |
| Cash at bank and in hand54/58 | €46,906 | €80,270 | €140,180 | €177,290 | ▲ 26.5% |
| Deferred charges and accrued income490/1 | - | €0 | €142 | €23,116 | ▲ 16,125% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €60,353 | €96,235 | €159,258 | €225,730 | ▲ 41.7% |
| Equity10/15 | €40,233 | €77,794 | €135,381 | €83,381 | ▼ 38.4% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €35,233 | €72,794 | €130,381 | €78,381 | ▼ 39.9% |
| Distributable reserves133 | - | €72,794 | €130,381 | €78,381 | ▼ 39.9% |
| Profit (loss) carried forward14 | - | - | - | €0 | - |
| Amounts payable17/49 | €20,121 | €18,441 | €23,877 | €142,349 | ▲ 496% |
| Amounts payable after more than one year17 | - | - | - | €1,336 | - |
| Other amounts payable178/9 | - | - | - | €1,336 | - |
| Amounts payable within one year42/48 | €20,121 | €17,739 | €23,877 | €141,013 | ▲ 491% |
| Trade debts44 | €7,964 | €4,766 | €8,756 | €6,765 | ▼ 22.7% |
| Suppliers440/4 | - | €4,766 | €8,756 | €6,765 | ▼ 22.7% |
| Taxes, remuneration and social security45 | - | €11,052 | €13,200 | €9,248 | ▼ 29.9% |
| Taxes450/3 | - | €11,052 | €13,200 | €9,248 | ▼ 29.9% |
| Other amounts payable47/48 | - | €1,920 | €1,920 | €125,000 | ▲ 6,410% |
| Accrued charges and deferred income492/3 | - | €702 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,233 | €37,561 | €57,587 | €73,000 | ▲ 26.8% |
| + Depreciation and write-downs630 | €848 | €585 | €806 | €806 | = |
| Operating cash flow (approximation) | €36,081 | €38,146 | €58,393 | €73,805 | ▲ 26.4% |
| Investment in fixed assets (approximation) | - | -€2,739 | €0 | €0 | - |
| Change in cash | - | €33,364 | €59,910 | €37,110 | ▼ 38.1% |
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
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €73,000 ▲26.8%
Operating result €91,244, net result €73,000, both a record.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €135,381 ▲74%
3 profitable years in a row build equity to €135,381.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · 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, Ieper · 1 establishment unit since 2020
Ground area
713 m²
Building footprint
158 m²
Volume, LiDAR
1,710 m³
Parcel 33011G0040/00K000, Flanders · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Korte Torhoutstraat 16, 8900 Ieper
since 20202.298.833.979
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011G0040/00K000 | Flanders | 713 m² | 1 · 158 m² | 16.9 m · 4 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
9845000A2E3AF6A3FJ70
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Of 5,712 companies in sector 70100 we hold annual accounts for 3,504. 2,236 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded21-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0741830462
Also
9925:BE0741830462
Registered
27-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.