KADelek
ActiveSummary
The computed 12-month bankruptcy probability of KADelek is 2.8% (moderate). The 2024 annual accounts show equity of €28,144 and a net result of €5,125. Its solvency ranks better than 66% of 36377 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability83▼-17
Solvency86▼-13
Growth52
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.58 against 2.89 in 2023; short-term debt: 39.3% and cash: 40% of total assets), and 39.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
60.7%
Return on assets
11%
Age of the figures
21 mo
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 19-06-2025, 42 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
53 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 48 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€28,144▲ 22.3%
2023 · €23,019
Total assets
€46,380▲ 49.8%
2023 · €30,970
Net result
€5,125▼ 75.0%
2023 · €20,519
Working capital
€10,514▼ 30.1%
2023 · €15,048
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€25,701-€6,964▼ 72.9%
Net result€20,519-€5,125▼ 75.0%
Equity€23,019-€28,144▲ 22.3%
Total assets€30,970-€46,380▲ 49.8%
Debt€7,951-€18,236▲ 129%
Working capital€15,048-€10,514▼ 30.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 73% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €46,380
Fixed assets
€17,630 ▲ 121%
Current assets
€28,750 ▲ 25.0%
Equity and liabilities €46,380
Equity
€28,144 ▲ 22.3%
Debt
€18,236 ▲ 129%
Debt's share of the balance-sheet total rises from 25.7% to 39.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12,305▼
2023 · €28,220
Cash flow
€10,466▼
2023 · €23,038
Current ratio
1.58▼
2023 · 2.89
Debt to equity
0.65▲
2023 · 0.35
ROE
18.2%▼
2023 · 89.1%
ROA
11.0%▼
2023 · 66.3%
Interest coverage
95.08▼
2023 · 767.07
Debt ≤ 1 year
€18,236▲
2023 · €7,951
Income taxes
€1,759▼
2023 · €5,145
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,520 | €5,341 | ▲ 112% |
| Other operating charges640/8 | €314 | €1,071 | ▲ 242% |
| Gross operating margin9900 | €28,534 | €13,376 | ▼ 53.1% |
| Operating profit (loss)9901 | €25,701 | €6,964 | ▼ 72.9% |
| Financial income75/76B | - | €49 | - |
| Recurring financial income75 | - | €49 | - |
| Financial charges65/66B | €37 | €129 | ▲ 252% |
| Recurring financial charges65 | €37 | €129 | ▲ 252% |
| Profit (loss) for the period before taxes9903 | €25,664 | €6,884 | ▼ 73.2% |
| Income taxes67/77 | €5,145 | €1,759 | ▼ 65.8% |
| Profit (loss) for the period9904 | €20,519 | €5,125 | ▼ 75.0% |
| Profit (loss) for the period to be appropriated9905 | €20,519 | €5,125 | ▼ 75.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €30,970 | €46,380 | ▲ 49.8% |
| Fixed assets21/28 | €7,970 | €17,630 | ▲ 121% |
| Tangible fixed assets22/27 | €7,970 | €17,630 | ▲ 121% |
| Furniture and vehicles24 | €7,970 | €17,630 | ▲ 121% |
| Current assets29/58 | €23,000 | €28,750 | ▲ 25.0% |
| Amounts receivable within one year40/41 | €6,636 | €10,201 | ▲ 53.7% |
| Trade receivables40 | €5,946 | €9,243 | ▲ 55.4% |
| Other amounts receivable41 | €690 | €958 | ▲ 38.8% |
| Cash at bank and in hand54/58 | €16,364 | €18,549 | ▲ 13.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €30,970 | €46,380 | ▲ 49.8% |
| Equity10/15 | €23,019 | €28,144 | ▲ 22.3% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Reserves13 | €20,519 | €25,644 | ▲ 25.0% |
| Distributable reserves133 | €20,519 | €25,644 | ▲ 25.0% |
| Amounts payable17/49 | €7,951 | €18,236 | ▲ 129% |
| Amounts payable within one year42/48 | €7,951 | €18,236 | ▲ 129% |
| Trade debts44 | - | €13,454 | - |
| Suppliers440/4 | - | €13,454 | - |
| Taxes, remuneration and social security45 | €5,193 | €1,759 | ▼ 66.1% |
| Taxes450/3 | €5,193 | €1,759 | ▼ 66.1% |
| Other amounts payable47/48 | €2,758 | €3,023 | ▲ 9.6% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €20,519 | €5,125 | ▼ 75.0% |
| + Depreciation and write-downs630 | €2,520 | €5,341 | ▲ 112% |
| Operating cash flow (approximation) | €23,038 | €10,466 | ▼ 54.6% |
| Investment in fixed assets (approximation) | - | -€15,000 | - |
| Change in cash | - | €2,186 | - |
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
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kasterlee · 1 establishment unit since 2022
Ground area
515 m²
Building footprint
86 m²
Volume, LiDAR
569 m³
Parcel 13018B0251/00F000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KADelek
since 20222.334.753.277
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13018B0251/00F000 | Flanders | 515 m² | 1 · 86 m² | 8.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 518 EUR awarded · 518 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 518 EUR | 518 EUR |
Similar companies · same sector, comparable size
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 7,881 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Contact
E-mail
info@kadelek.beKasterlee
Scores and ratios are computed by Checked and are not a credit decision.