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KADI FINANCE

Active
Public limited companyfounded 2003active for 23 yearsBrugmannlaan 147, 1190 Vorst, Belgium26 active companies are registered at this addressKBO/BCE: BE 0863.586.644

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of KADI FINANCE is 2.6% (moderate). The 2024 annual accounts show equity of €12.6m and a net result of €3.1m, of which €3.0m non-recurring income. Equity is growing by about 4% per year across the filed financial years. The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 19-06-2003 Normal situation
Legal form
Public limited company
Registered office
Brugmannlaan 147, 1190 Vorst
Activity
“La détention,en propriété ou sous toutes ses formes,la gestion,l’achat-revente de titres de sociétés,de toutes…” (deed in French)From the articles, 5 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Who decides

Board
  • PERREOL DidierDirector · since 12-06-2003
  • HERMANS THIERRYDirector · since 17-05-2010
Holdings
Shares in 1 company COMPAGNIE LEA NATURE

How it is doing

54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.6%
Annual accounts 2024
Gross margin
-€17,055
▼ 234%
Profit
€3.1m
▲ 38×
Equity
€12.6m
▲ 32.8%
Total assets
€12.7m
▲ 32.4%
2025 accounts not filed, 93 days past the deadline
Filed on 31-07-2025PDF
Why 54raises riskLiquidity: current ratio 151.97, cash €4,589Figures for financial year 2024 (filed 31-07-2025)No registered site in the KBOlowers riskSize: total assets €12.7mShow the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 75% of its sector peers (no NACE code, medium-sized)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 99.3% of total assets
Liquidity 50=
short-term debt 0.7% · cash 0.0%
Profitability 99+59
return on assets 24.5%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.3%▲ +0.1 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.1%▼ -0.2 percentage points vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.4%▲ +0.3 percentage points vs 06-2025 08-2025: 0.7%▼ -0.7 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.8%▲ +0.1 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.7%▼ -0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026lowest value 07-2026: 0.7%● unchanged vs 06-2026lowest value 08-2026: 1.3%▲ +0.6 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026 10-2026: 2.6%▲ +1.1 percentage points vs 09-2026highest value
Credit of up to €650,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
short-term debt: 0.7% and cash: 0% of total assets, and 0.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, medium-sized): better than 74% on solvency, 42% on liquidity, 97% on profitability and 87% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 151.97, cash €4,589
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 31-07-2025)
NBB · annual accounts
lowers risk · Size: total assets €12.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
on the day
2023
29 days late
2022
31 days late
2021
31 days late
2020
152 days late
2019
145 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 65 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Result rose in 2024mostly a one-off income of €3.0m ▲ 38× View

Documents

Annual accounts at the NBB

All 19 annual accounts

Articles and registers

Key facts about KADI FINANCE

What is the company number of KADI FINANCE?
0863.586.644. In Belgium the VAT number is the company number with BE in front: BE 0863.586.644.
Where is KADI FINANCE based?
The registered office is at Brugmannlaan 147, 1190 Vorst.Company details
What is the legal form of KADI FINANCE?
Public limited company (NV).
When was KADI FINANCE founded?
On 19-06-2003.
Is KADI FINANCE still active?
Yes, KADI FINANCE is an active enterprise in the KBO register.
What is the turnover of KADI FINANCE?
The annual accounts for financial year 2024 state no turnover.Financials
Is KADI FINANCE profitable?
In financial year 2024, KADI FINANCE made a profit of €3.1m.
Where can I find the annual accounts of KADI FINANCE?
KADI FINANCE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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