KADERSTUDIO architectural strategies
ActiveSummary
KADERSTUDIO architectural strategies has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €33k and a net result of €14k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▼-11
Solvency45▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.65 in 2023; short-term debt: 79.7% and cash: 34.6% of total assets), and 79.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
20.3%
Return on assets
9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 11615 sector peers (2024).
NBB · sector comparisonPosition among 11615 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
41 d early
2022
53 d early
2021
6 d early
2020
8 d early
2019
5 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€33k▼ 10.9%
2023 · €37k
2018: €14k
2019: €15k
2020: €22k
2021: €45k
2022: €60k
2023: €37k
2018 → 2024
Total assets
€160k▲ 42.4%
2023 · €113k
2018: €22k
2019: €23k
2020: €42k
2021: €99k
2022: €109k
2023: €113k
2018 → 2024
Net result
€14k▼ 28.0%
2023 · €20k
2018: €5k
2019: €854
2020: €7k
2021: €23k
2022: €23k
2023: €20k
2018 → 2024
Working capital
€18k▼ 56.3%
2023 · €41k
2018: €14k
2019: €18k
2020: €26k
2021: €39k
2022: €66k
2023: €41k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€45k▲ 103%€60k▲ 32.8%€37k▼ 39.0%€33k▼ 10.9%
Operating result€9k-€31k▲ 248%€29k▼ 8.5%€25k▼ 11.5%€19k▼ 26.8%
Net result€7k-€23k▲ 217%€23k▲ 0.5%€20k▼ 12.6%€14k▼ 28.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 27% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €160k
Fixed assets
€15k ▲ 79.0%
Current assets
€146k ▲ 39.5%
Equity and liabilities €160k
Equity
€33k ▼ 10.9%
Debt
€128k ▲ 68.0%
Debt's share of the balance-sheet total rises from 67.5% to 79.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€21k▼
2023 · €28k
Cash flow
€17k▼
2023 · €22k
Current ratio
1.14▼
2023 · 1.65
Debt to equity
3.92▲
2023 · 2.08
ROE
44.4%▼
2023 · 54.9%
ROA
9.0%▼
2023 · 17.8%
Interest coverage
77.32▼
2023 · 496.22
Debt ≤ 1 year
€128k▲
2023 · €63k
Income taxes
€4k▼
2023 · €5k
Staff costs
€17k▲
2023 · €16k
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€113k€160k▲
Fixed assets21/28€8k€15k▲
Tangible fixed assets22/27€3k€3k▼
Furniture and vehicles24€3k€3k▼
Financial fixed assets28€5k€12k▲
Current assets29/58€105k€146k▲
Amounts receivable within one year40/41€70k€90k▲
Trade receivables40€67k€87k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€34k€56k▲
Equity and liabilities
Total equity and liabilities10/49€113k€160k▲
Equity10/15€37k€33k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€16k€12k▼
Amounts payable17/49€76k€128k▲
Amounts payable within one year42/48€63k€128k▲
Trade debts44€12k€10k▼
Suppliers440/4€12k€10k▼
Taxes, remuneration and social security45€5k€16k▲
Taxes450/3€897€12k▲
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€47k€102k▲
Accrued charges and deferred income492/3€13k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€16k€17k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€808€0▼
Gross operating margin9900€44k€38k▼
Operating profit (loss)9901€25k€19k▼
Financial income75/76B€19€95▲
Recurring financial income75€19€95▲
Financial charges65/66B€55€266▲
Recurring financial charges65€55€266▲
Profit (loss) for the period before taxes9903€25k€18k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€20k€14k▼
Profit (loss) for the period to be appropriated9905€20k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€31k▼
Profit (loss) brought forward from the previous period14P€40k€16k▼
Profit to be distributed694/7€44k€19k▼
Return on contributions (dividend)694€44k€19k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €23k ▲0.5%
Net result €23k, the highest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
31-12
Financial
Weakest financial yearnet €854 ▼82.6%
Net result drops to €854, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 2017
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.
Stevens-Delannoystraat 631020 BrusselGround area
265 m²
Building footprint
190 m²
Volume, LiDAR
2,658 m³
2 parcels, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KADERSTUDIO architectural strategies bvba
since 20172.262.098.002
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0019/00T005 | Brussels | 136 m² | 1 · 62 m² | 14.5 m · 4 fl. |
| 21012A0228/00H006 | Brussels | 129 m² | 1 · 129 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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PIET CNOPS ARCHITECT
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Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 5,004 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 formPrivate limited company
Founded27-02-2017
Fiscal year end31-12
Abbreviation NL
KADERSTUDIO architectural strategies bvba
Trade name NL
KADERSTUDIO architectural strategies bvba
Activities, NACEBEL 2025
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.