Kadek
ActiveSummary
For Kadek, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €83k and a net result of €73k. Equity is growing by ~49% per year across the filed fiscal years. Its solvency ranks better than 33% of 34213 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%
Credit advice for your own amount and term
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
Sector 70
lower
← 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 deadline24-09-2026 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 →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€83k▼ 38.4%
2022 · €135k
2020: €40k
2021: €78k
2022: €135k
2020 → 2023
Total assets
€226k▲ 41.7%
2022 · €159k
2020: €60k
2021: €96k
2022: €159k
2020 → 2023
Net result
€73k▲ 26.8%
2022 · €58k
2020: €35k
2021: €38k
2022: €58k
2020 → 2023
Working capital
€83k▼ 37.6%
2022 · €133k
2020: €39k
2021: €75k
2022: €133k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€40k-€78k▲ 93.4%€135k▲ 74.0%€83k▼ 38.4%
Operating result€44k-€48k▲ 7.1%€73k▲ 52.6%€91k▲ 25.5%
Net result€35k-€38k▲ 6.6%€58k▲ 53.3%€73k▲ 26.8%
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 €226k
Fixed assets
€2k ▼ 30.8%
Current assets
€224k ▲ 42.9%
Equity and liabilities €226k
Equity
€83k ▼ 38.4%
Debt
€142k ▲ 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
€92k▲
2022 · €74k
Cash flow
€74k▲
2022 · €58k
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
€141k▲
2022 · €24k
Debt > 1 year
€1k
Income taxes
€20k▲
2022 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 46 lines
Balance sheet
Code20222023
Assets
Total assets20/58€159k€226k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€105€105=
Current assets29/58€157k€224k▲
Amounts receivable within one year40/41€16k€7k▼
Trade receivables40€14k€454▼
Other amounts receivable41€2k€7k▲
Current investments50/53-€16k
Cash at bank and in hand54/58€140k€177k▲
Deferred charges and accrued income490/1€142€23k▲
Equity and liabilities
Total equity and liabilities10/49€159k€226k▲
Equity10/15€135k€83k▼
Contributions10/11€5k€5k=
Reserves13€130k€78k▼
Distributable reserves133€130k€78k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€24k€142k▲
Amounts payable after more than one year17-€1k
Other amounts payable178/9-€1k
Amounts payable within one year42/48€24k€141k▲
Trade debts44€9k€7k▼
Suppliers440/4€9k€7k▼
Taxes, remuneration and social security45€13k€9k▼
Taxes450/3€13k€9k▼
Other amounts payable47/48€2k€125k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€806€806=
Other operating charges640/8€965€2k▲
Gross operating margin9900€74k€94k▲
Operating profit (loss)9901€73k€91k▲
Financial income75/76B€0€1k▲
Recurring financial income75€0€1k▲
Financial charges65/66B€39€93▲
Recurring financial charges65€39€93▲
Profit (loss) for the period before taxes9903€73k€93k▲
Income taxes67/77€15k€20k▲
Profit (loss) for the period9904€58k€73k▲
Profit (loss) for the period to be appropriated9905€58k€73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€58k€73k▲
Transfer from equity791/2-€52k
Transfer to equity691/2€58k€0▼
To other reserves6921€58k€0▼
Profit to be distributed694/7-€125k
Return on contributions (dividend)694-€125k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
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 €73k ▲26.8%
Operating result €91k, net result €73k, both a record.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €135k ▲74%
3 profitable years in a row build equity to €135k.
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.
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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Korte Torhoutstraat 168900 IeperGround 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
Methodology
via registered seat: 1
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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TLTS
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BIMA
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. 2,230 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded21-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.