KADI CONSTRUCT
Annual accounts 2025
micro format, filed on 07-07-2026, 24 days before the deadlineMoney flows
no detail for 2025Balance sheet
balance sheet total €121,330 on 31-12-2025in euro
in euro
Position in the sector
34.6%
Higher than 36% of 35,125 companies in 2025.
1.23
Higher than 30% of 34,499 companies in 2025.
12.1%
Higher than 63% of 34,700 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€57,176
Staff costs divided by the average number of full-time equivalents.
level
In 2025, 2 people joined and 2 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
121,330 | 134,874 | 278,198 | 245,934 | 238,159 | 215,886 | 195,734 | |
20 |
424 | 531 | 637 | 743 | 849 | 955 | - | |
21/28 |
24,174 | 32,027 | 20,356 | 11,613 | 2,735 | 1,495 | 2,870 | |
22/27 |
24,174 | 32,027 | 20,236 | 11,493 | 2,615 | 1,375 | 2,750 | |
23 |
5,236 | 3,392 | 277 | 554 | 832 | - | - | |
24 |
18,939 | 28,634 | 19,959 | 10,939 | 1,783 | 1,375 | 2,750 | |
28 |
- | - | 120 | 120 | 120 | 120 | 120 | |
29/58 |
96,731 | 102,317 | 257,205 | 233,578 | 234,575 | 213,436 | 192,864 | |
3 |
25,771 | 12,047 | 7,633 | 5,765 | 5,441 | - | - | |
30/36 |
25,771 | 12,047 | 7,633 | 5,765 | 5,441 | - | - | |
40/41 |
7,089 | 66,595 | 206,201 | 190,204 | 206,248 | 202,145 | 176,366 | |
40 |
4,608 | 58,696 | 206,201 | 190,204 | 182,662 | 192,667 | 168,088 | |
41 |
2,481 | 7,900 | - | - | 23,586 | 9,478 | 8,278 | |
54/58 |
57,897 | 23,074 | 43,371 | 37,609 | 20,531 | 11,291 | 16,498 | |
490/1 |
5,974 | 600 | - | - | 2,355 | - | - | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
121,330 | 134,874 | 278,198 | 245,934 | 238,159 | 215,886 | 195,734 | |
10/15 |
41,938 | 27,240 | 30,827 | 10,752 | 9,693 | 9,621 | -17,734 | |
10/11 |
1 | 1 | 1 | 1 | 1 | 1 | 1 | |
10 |
- | - | 1 | 1 | 1 | - | - | |
100 |
- | - | 1 | 1 | 1 | 1 | 1 | |
13 |
14,000 | - | - | - | - | - | - | |
133 |
14,000 | - | - | - | - | - | - | |
14 |
27,937 | 27,239 | 30,826 | 10,751 | 9,692 | 9,620 | -17,735 | |
17/49 |
79,391 | 107,635 | 247,371 | 235,182 | 228,466 | 206,265 | 213,468 | |
17 |
459 | 3,215 | 4,955 | - | - | - | - | |
170/4 |
459 | 3,215 | 4,955 | - | - | - | - | |
42/48 |
78,932 | 103,920 | 242,416 | 235,182 | 228,466 | 206,265 | 213,468 | |
42 |
2,756 | 2,756 | 2,756 | - | - | - | - | |
44 |
11,862 | 31,629 | 170,457 | 167,600 | 175,265 | 141,382 | 133,082 | |
440/4 |
11,862 | 31,629 | 170,457 | 167,600 | 175,265 | 141,382 | 133,082 | |
45 |
14,483 | 18,760 | 34,322 | 42,098 | 26,901 | 42,756 | 44,202 | |
450/3 |
13,188 | 9,507 | 9,284 | 11,799 | 2,178 | 6,703 | 2,179 | |
454/9 |
1,294 | 9,252 | 25,038 | 30,299 | 24,723 | 36,053 | 42,023 | |
47/48 |
49,832 | 50,775 | 34,881 | 25,484 | 26,300 | 22,127 | 36,184 | |
492/3 |
- | 500 | - | - | - | - | - | |
| Income statement | ||||||||
70 |
- | - | - | 319,410 | - | - | - | |
9900 |
207,850 | 148,570 | 99,551 | 65,067 | 17,085 | 34,995 | 32,016 | |
60/61 |
- | - | - | 255,127 | - | - | - | |
62 |
171,529 | 131,702 | 65,513 | 57,077 | 10,973 | - | 42,478 | |
630 |
8,205 | 8,073 | 4,363 | 4,228 | 2,353 | 1,481 | 1,375 | |
640/8 |
3,849 | 2,655 | 1,102 | 1,643 | 1,835 | 1,290 | 199 | |
66A |
2,424 | - | - | - | - | - | - | |
9901 |
21,843 | 6,141 | 28,573 | 2,119 | 1,924 | 32,224 | -12,036 | |
75/76B |
187 | 212 | 45 | 1 | - | 1 | - | |
75 |
187 | 212 | 45 | 1 | - | 1 | - | |
65/66B |
562 | 721 | 712 | 182 | 27 | 345 | 662 | |
65 |
562 | 721 | 712 | 182 | 27 | 345 | 662 | |
9903 |
21,468 | 5,631 | 27,906 | 1,938 | 1,897 | 31,880 | -12,698 | |
67/77 |
6,769 | 9,219 | 7,831 | 879 | 1,825 | 4,525 | - | |
9904 |
14,699 | -3,587 | 20,075 | 1,059 | 72 | 27,355 | -12,698 | |
9905 |
14,699 | -3,587 | 20,075 | 1,059 | 72 | 27,355 | -12,698 | |
| Appropriation of the result | ||||||||
9906 |
41,937 | 27,239 | 30,826 | 10,751 | 9,692 | 9,620 | -17,735 | |
14P |
27,239 | 30,826 | 10,751 | 9,692 | 9,620 | - | - | |
691/2 |
14,000 | - | - | - | - | - | - | |
6921 |
14,000 | - | - | - | - | - | - | |
| Social balance sheet | ||||||||
9087 |
3 | - | - | - | - | - | - | |
Hours worked1013 |
5,106 | - | - | - | - | - | - | |
| Document | ||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 07-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 07-07-2026 | 2026-00274689 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00441476 | |
| 31-12-2023 | micro format | 21-08-2024 | 2024-00384676 | |
| 31-12-2022 | micro format | 30-09-2023 | 2023-00463261 | |
| 31-12-2021 | micro format | 01-11-2022 | 2022-20481770 | |
| 31-12-2020 | micro format | 05-11-2021 | 2021-77000102 | |
| 31-12-2019 | micro format | 30-09-2020 | 2020-58500559 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 30,048 | 14,214 | 32,936 | 6,347 | 4,277 | 33,705 | -10,661 | ||
| 22,904 | 4,486 | 24,438 | 5,287 | 2,425 | 28,836 | -11,323 | ||
| 3,497 | 19,757 | 13,106 | 13,000 | 3,486 | 106 | - | ||
| 34,823 | -20,297 | 5,762 | 17,078 | 9,240 | -5,207 | - | ||
| 17,799 | -1,603 | 14,789 | -1,604 | 6,109 | 7,171 | -20,604 | ||
| - | - | - | 0.7% | - | - | - | ||
| 34.6% | 20.2% | 11.1% | 4.4% | 4.1% | 4.5% | -9.1% | ||
| 1.23 | 0.98 | 1.06 | 0.99 | 1.03 | 1.03 | 0.90 | ||
| 0.90 | 0.87 | 1.03 | 0.97 | 1.00 | 1.03 | 0.90 | ||
| 1.89 | 3.95 | 8.02 | 21.87 | 23.57 | 21.44 | - | ||
| 35.0% | -13.2% | 65.1% | 9.8% | 0.7% | 284.3% | - | ||
| 12.1% | -2.7% | 7.2% | 0.4% | 0.0% | 12.7% | -6.5% | ||
| 53.49 | 19.72 | 46.26 | 34.87 | over 100 | - | - | ||
| - | - | - | 217 days | - | - | - | ||
| - | - | - | 240 days | - | - | - |
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.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 4 |
| full-time | 3 |
| part-time | 1 |
| in full-time equivalents | 3.2 |
| 3 | |
| On a permanent contract | 3 |
| Joined | 2 |
| Left | 2 |
Source: social balance sheet in the 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Pledge on other assets, amount secured | €3,215 | €5,971 | - | - | - |
| Carrying value of the other pledged assets | €6,365 | €9,615 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,497 | €19,757 | - | €13,000 | €3,486 |
| €8,205 | €8,073 | €4,363 | €4,228 | €2,353 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on KADI CONSTRUCT
The operating result for 2025 is nearly 3.6 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 79.8% to 65.4%. Equity is higher and debt is lower.