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Kadic

Active Public limited companyfounded 1970active for 56 yearsNijverheidsstraat 8, 2160 WommelgemKBO/BCE: BE 0407.728.414 subsidiary of Kadic Invest#3 oldest company in Wommelgem, Manufacturing sector
Kadic
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Overview

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €1.5m (2025)
€1.5m▲ 18.6%
lowest -€30,977 (2013)
€749,600▲ 32.7%
peak €1.4m (2025)
€1.4m▲ 27.8%
€2.1m▲ 11.5%
peak 6.4 FTE (2019)
5.3 FTE▲ 10.4%
Board5 names since 2019
5 directorsAlain Kadic and 4 others
Owners
100%Kadic Invest
Documentsfilings and deeds
20-08-202620 days late
2025financial year
Gross margin from €1.2m to €1.5mResult from €564,748 to €749,600Staff from 4.8 FTE to 5.3 FTEDividend €450,000Equity from €1.1m to €1.4mCash from €154,344 to €20,967

Key points

from the 2025 annual accounts

Equity

€1.4m ▲ 27.8%
1.12024+0.7Profit-0.5Dividend1.42025

Kadic paid out €450,000 in dividends. That is 60% of the 2025 profit.

Staff

5 employees on 31-12-2025
3420211020229102023012024112025

In 2025, 1 person joined and 1 left.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

Ten of the last ten came late. The 2024 accounts came latest: 49 days after the end of the period.

Checked score

83
Excellent
Financially stronger than 56% of micro companies in machinery and equipment (NACE 28)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 980 companies (NACE 28, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.5%▼ -0.1 percentage points vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.3%▲ +0.5 percentage points vs 07-2025 09-2025: 1.4%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.4%▼ -1.0 percentage point vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.3%▼ -0.1 percentage points vs 02-2026lowest value 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▲ +0.5 percentage points vs 07-2026 09-2026: 0.5%▼ -0.5 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026

Financial strength
Strong

65+3equity 39.9% of total assets
20-4short-term debt 58.8% · cash 0.6%
96+3return on assets 21.8%

Score breakdown

raises risk
Liquidity: current ratio 1.54, cash €20,967, halved
Last filed accounts filed 20 days late; 1 of the last 3 accounts late
Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
lowers risk
Founded in 1970
Calculation

The band follows from the bankruptcy probability. 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 (NACE 28, micro). It does better than 43% of them on solvency, 13% on liquidity, 88% on profitability and 81% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as Kadic has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Kadic itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for Kadic. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €110,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.54 (1.43 in 2024), above the usual 1.5. Short-term debt is 58.8% and cash 0.6% of total assets. However, 60.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.54, cash €20,967, halved
NBB · annual accounts
lowers risk · Founded in 1970
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 20 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
20 days late
2024
49 days late
2023
22 days late
2022
31 days late
2021
31 days late
2020
27 days late
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

KA
KADIC Alain Hubert Hilda
Managing director
KI
Kadic Invest
Managing director, KADIC Jeremy Michel Pascale
NN
NYSSEN Nathalie Sonia Isabelle
Director
AK
Alain Kadic
Director
NN
Nathalie Nyssen
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0407728414
Registered office moved from Antwerp to Wommelgem New registered office: Nijverheidsstraat 8, 2160 Wommelgem · Previous registered office: Rysheuvelsstraat 21, 2600 Antwerpen (Berchem) · Change of role: KADIC INVEST, from director to managing director · Gazette deed
Publication in the Belgian Official Gazette Capital €62,000, annual accounts 2023 · Gazette deed
Appointment: NV Kadic Invest (additional director) Permanent representative: Jeremy Kadic · General meeting of 03-01-2023 · Gazette deed
All 64 events

Comparable companies

same main activity, similar in size and age
Company
Kadic Wommelgem €3.4m €1.5m 39.9% 5.3
CONTROL AND PROTECTION Antwerp €4.2m €0.7m 68.0% 3.5
STOVE Izegem €1.8m €0.8m 27.4% 6.8
SPOO Haacht €3.5m €0.8m 3.9% 8.6
WIDRA Dison €3.1m €1.1m 70.7% 12.4
ETABLISSEMENTS SCHENE S.A Herve €1.6m €0.4m 60.1% 5.8
ALLHYDRO Oudenaarde €1.7m €0.8m 52.9% 8.5

These companies have the same main activity as Kadic: manufacture of machinery and equipment not elsewhere classified (NACE 28299). They are comparable in size and age: total assets between €1.6m and €4.2m, founded between 1972 and 1987.

Official details

Source: KBO
Status
Active since 01-10-1970Normal situation
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28299and 7 others
Joint committees
209White-collar workers in metal manufacturing
111Metal, mechanical and electrical engineering · annual accounts 2024
Establishment unit
2.005.446.2942160 Wommelgem, since 01-10-1970
Financial year end
31 December
Peppol
Reachable since 09-10-2026
Company details

Annual accounts 2025

€1.5m▲ 18.6%
≈ €2.5mestimated
€749,600▲ 32.7%
€1.4m▲ 27.8%
€3.4m▲ 17.5%
Employeeson 31-12-2025
5=
Filing
Filed on 20-08-2026
Financials

Insights on Kadic

Kadic has existed since 1970. The gross margin grew from €311,579 in 2006 to €1.5m in 2025.

Kadic Invest holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 20-08-2026, 20 days late
€1.5m
▲ 18.6%
€1.1m
▲ 19.4%
€1.1m
▲ 21.3%
€805,990
▲ 35.0%
39.9%
▲ 3.2 percentage points
1.54
▲ 0.12

The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.5m. Estimated: probably between €1.7m and €4.2m.

In the rankings #3 oldest company in Wommelgem, Manufacturing sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €3.4m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

39.9%

Higher than 47% of 384 companies in 2025.

1.54

Higher than 46% of 382 companies in 2025.

21.8%

Higher than 92% of 383 companies in 2025.

Kadic Middle half of the sector 80% of the sector Full accounts in machinery and equipment (NACE 28)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter

Staff

€61,407

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 1 person joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 3.4m2.9m2.5m2.1m1.6m1.6m1.2m1.2m833,089959,968635,276651,213527,177376,498719,229593,631561,445688,502611,753331,755
21/28 322,311353,589164,19847,29366,637101,246133,62650,13335,20424,60714,9134,9729,72818,71527,47730,27131,20521,41521,97615,908
22/27 317,908349,756160,36543,46062,80397,412129,79346,30032,50524,59414,9134,9729,72818,71527,47730,27131,20521,41521,97615,908
23 1,7892,4123,034---------9192,0683,447-----
24 115,079131,15131,81123,20825,58943,04857,96538,98226,37820,97414,2563,3615,07610,79315,88118,15414,6575,4814,0216,297
25 ---15,08430,168---------------
26 201,040216,193125,5205,1687,0479,11311,4927,3186,1273,6206581,6113,7325,8548,14912,11716,54815,93417,9559,611
28 4,4033,8333,8333,8333,8333,8333,8333,8332,69913----------
29/58 3.1m2.6m2.4m2.1m1.6m1.5m1.0m1.1m797,885935,361620,363646,241517,449357,783691,752563,360530,240667,087589,776315,847
3 235,999270,307258,422268,352271,564259,123204,932206,960197,496225,414245,534189,511262,372210,932251,765207,330213,150305,838258,859244,150
30/36 235,999270,307258,422268,352271,564259,123204,932206,960197,496225,414245,534189,511262,372210,932251,765207,330213,150305,838258,859244,150
40/41 2.9m2.2m2.0m1.8m1.3m712,267713,459908,734527,871571,482309,712361,235224,228141,003428,108311,354306,218321,739310,85733,167
40 2.7m2.1m2.0m1.6m1.2m677,850689,653865,062498,401539,098287,752329,746218,336126,583398,709288,289272,975296,112288,94622,770
41 182,80379,53330,105225,66129,85334,41723,80743,67229,46932,38321,96131,4895,89214,42029,39923,06433,24425,62721,91210,397
54/58 20,967154,34461,5843,54617,665520,262122,55522,71172,323129,27059,28056,37527,3375,3477,33639,9885,95636,31819,83638,346
490/1 -57910,3749,75917,34912,0001312,2121959,1965,83739,1213,5135014,5434,6884,9153,192224184
Balance sheet: equity and liabilities
10/49 3.4m2.9m2.5m2.1m1.6m1.6m1.2m1.2m833,089959,968635,276651,213527,177376,498719,229593,631561,445688,502611,753331,755
10/15 1.4m1.1m911,710913,234942,148729,876598,482450,035280,656261,351232,604240,294226,820257,797240,883248,370252,607230,688226,165204,516
10/11 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
10 62,00062,00062,00062,00062,000---------------
100 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
13 1.3m998,656848,656848,656848,656648,656499,656351,639182,639182,639182,639182,639182,639182,639182,639182,639182,639162,639162,639132,639
130/1 6,2006,2006,2006,2006,2006,200--------------
130 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
132 29,45629,45629,45629,45629,45629,45629,45626,43926,43926,43926,43926,43926,43926,43926,43926,43926,43926,43926,43926,439
133 1.3m963,000813,000813,000813,000613,000464,000319,000150,000150,000150,000150,000150,000150,000150,000150,000150,000130,000130,000100,000
14 15,40215,8021,0542,57831,49219,22036,82636,39536,01616,712-12,036-4,345-17,81913,157-3,7573,7307,9676,0481,5269,877
17/49 2.1m1.9m1.6m1.2m702,984875,022576,221740,715552,434698,617402,673410,918300,357118,701478,346345,261308,838457,814385,587127,239
17 29,32739,049-12,87428,16048,12969,071-5,60511,105----------
170/4 29,32739,049-12,87428,16048,12969,071-5,60511,105----------
42/48 2.0m1.8m1.6m1.2m668,359821,700500,195735,178541,353677,440396,525401,470289,367108,354467,955339,082298,084450,987375,367118,033
42 9,7239,41212,87415,28619,96920,94326,7435,6055,4995,395----------
43 390,000580,000449,950401,599338,000150,000127,500253,000177,258150,000112,500153,536252,97450,420260,615177,500161,500145,000231,309593
430/8 390,000580,000449,950401,599338,000150,000127,500253,000177,258150,000112,500153,536252,97450,420260,615177,500161,500145,000231,309593
44 577,325679,260500,946349,468208,078490,471298,398421,323237,580334,156265,394214,80316,19540,468188,160134,087114,749278,522117,44474,022
440/4 577,325679,260500,946349,468208,078490,471298,398421,323237,580334,156265,394214,80316,19540,468188,160134,087114,749278,522117,44474,022
46 352,450----54,425-11,632-70,000---------16,367
45 225,834139,01376,41572,09886,91387,86247,55443,61846,01542,88818,63233,13020,19817,46619,18027,49421,83527,46626,61527,051
450/3 174,192106,90552,13423,18231,32340,5795,8675,90013,00012,9004731,1351,5824372,0384,811-4,3942,2002,866
454/9 51,64332,10824,28148,91655,59047,28341,68737,71833,01529,98818,15831,99518,61617,02917,14222,68421,83523,07124,41524,185
47/48 470,552400,000580,000375,00015,40018,000--75,00075,000----------
492/3 14,0528,5109,4635,8636,4655,1936,9555,5375,47610,0726,1489,44910,99010,34710,3916,17910,7546,82710,2209,206
Income statement
70 --------------1.8m1.4m2.2m1.3m990,131995,860
76A 10,4397,3554,053-1,500-13,1638,430----------661-
9900 1.5m1.2m868,496998,532737,475610,385598,249572,638390,685328,671179,065238,123134,369234,022209,175210,562236,192265,273307,500311,579
60/61 --------------1.7m1.3m2.1m1.3m966,980809,312
62 325,459289,477358,865420,018379,503328,086311,141277,032250,898227,813166,247192,427141,692181,941175,245176,635168,325226,736242,603244,142
630 56,39032,41029,02336,39932,33936,08140,14823,91818,68215,6527,9667,2169,91214,73719,62817,92915,4289,06812,08014,020
631/4 --1,936--------2,570--1,200-1,200-400-5006,230-984-984
640/8 10,29014,3074,9376,6715,6025,7594,8555,1564,9883,3996,1193,1173,8703,6994,0526,0463,1413,4189,3842,872
66A --5,168--------125--------
9901 1.1m900,107468,568535,445320,031240,459242,105266,532116,11781,8081,30435,363-19,90534,84510,64910,45243,06727,03543,43449,561
75/76B 54331984771,2121702238492,6441,5593,039211119822175671061,853
75 54331984771,2121702238492,6441,5593,039211119822175671061,853
65/66B 60,331136,36393,05669,87437,35321,24119,01313,96911,43816,71911,60821,33310,68611,10316,44514,48413,10620,38515,37814,668
65 60,331136,36393,05669,87437,35321,24119,01313,96911,43816,71911,60821,33310,68611,10316,44514,48413,10620,38515,37814,668
9903 1.0m763,775375,610466,047283,890219,388223,315253,412107,32366,648-7,26513,926-30,58923,753-5,698-4,01030,1356,71728,82236,745
67/77 265,192199,02797,134119,96271,61869,99474,86784,03313,01912,9004264513876,8391,7892278,2172,1957,1739,406
9904 749,600564,748278,476346,086212,273149,393148,448169,37994,30453,748-7,69113,474-30,97716,914-7,487-4,23721,9194,52321,64927,339
689 ------3,017-------------
9905 749,600564,748278,476346,086212,273149,393145,431169,37994,30453,748-7,69113,474-30,97716,914-7,487-4,23721,9194,52321,64927,339
Appropriation of the result
9906 765,402565,802281,054377,578231,492186,220181,826205,395111,01641,712-12,036-4,345-17,81913,157-3,7573,73027,9676,04831,52629,877
14P 15,8021,0542,57831,49219,220---------------
691/2 300,000150,000--200,000149,000145,000169,000--------20,000-30,00020,000
6921 300,000150,000--200,000149,000145,000169,000--------20,000-30,00020,000
694/7 450,000400,000280,000375,000-18,000--75,00025,000----------
694 450,000400,000280,000375,000-18,000--------------
695 --------75,00025,000----------
Social balance sheet
9087 5.34.85.96.46.266.45.75.45.83.743.33.53.53.73.64.95.26
Hours worked1013 8,5498,3288,84811,03110,0409,78710,4149,1948,5578,2156,0547,1294,5396,2356,4626,5546,4448,1169,1029,947
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The accounts for 29 older financial years (1977-2005) were filed as documents without figures as data, scans for example.

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 20-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 20 days after the deadline. Filed on 20 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00408575.

Financial year Type Filed Reference Document
31-12-2025 full format 20-08-2026 2026-00408575 PDF
31-12-2024 abbreviated format 18-09-2025 2025-00494262 PDF
31-12-2023 abbreviated format 22-08-2024 2024-00359040 PDF
31-12-2022 abbreviated format 31-08-2023 2023-00386010 PDF
31-12-2021 abbreviated format 31-08-2022 2022-20360980 PDF
31-12-2020 abbreviated format 27-08-2021 2021-54400382 PDF
31-12-2019 abbreviated format 14-08-2020 2020-41000197 PDF
31-12-2018 abbreviated format 13-09-2019 2019-64100347 PDF
31-12-2017 abbreviated format 29-08-2018 2018-51700128 PDF
31-12-2016 abbreviated format 29-08-2017 2017-49100067 PDF
31-12-2015 abbreviated format 30-08-2016 2016-49300211 PDF
31-12-2014 abbreviated format 13-08-2015 2015-41400185 PDF
31-12-2013 abbreviated format 31-07-2014 2014-36700579 PDF
31-12-2012 abbreviated format 07-06-2013 2013-15500491 PDF
31-12-2011 abbreviated format 30-07-2012 2012-34800411 PDF
31-12-2010 abbreviated format 07-07-2011 2011-25700317 PDF
31-12-2009 abbreviated format 01-07-2010 2010-24200268 PDF
31-12-2008 abbreviated format 15-06-2009 2009-22300164 PDF
31-12-2007 abbreviated format 02-06-2008 2008-17100357 PDF
31-12-2006 abbreviated format 12-06-2007 2007-20600378 PDF
31-12-2005 abbreviated format 06-07-2006 2006-40803209 PDF
31-12-2004 abbreviated format 24-06-2005 2005-33004182 PDF
31-12-2003 abbreviated format 17-06-2004 2004-26501190 PDF
31-12-2002 abbreviated format 20-06-2003 2003-27301497 PDF
31-12-2001 abbreviated format 28-06-2002 2002-30201375 PDF
31-12-2000 abbreviated format 30-07-2001 2001-45201354 PDF
31-12-1999 abbreviated format 03-07-2000 2000-35401213 PDF
31-12-1998 abbreviated format 04-06-1999 1999-14503914 PDF
31-12-1997 abbreviated format 08-07-1998 1998-30801843 PDF
31-12-1996 abbreviated format 30-06-1997 1997-23600590 PDF
31-12-1995 abbreviated format 01-07-1996 1996-28600464 PDF
31-12-1994 abbreviated format 05-10-1995 1995-52800202 PDF
31-12-1993 abbreviated format 01-07-1994 1994-26001624 PDF
31-12-1992 abbreviated format 14-09-1993 1993-35504648 PDF
31-12-1991 abbreviated format 17-04-1992 1992-04301487 PDF
31-12-1990 abbreviated format 11-12-1991 1991-32401056 PDF
31-12-1989 abbreviated format 23-08-1990 1990-22201779 PDF
31-12-1988 abbreviated format 06-09-1989 1989-21700076 PDF
31-12-1987 abbreviated format 04-07-1988 1988-13401052 PDF
31-12-1986 abbreviated format 16-07-1987 1987-17700387 PDF
31-12-1985 abbreviated format 23-07-1986 1986-30700641 PDF
31-12-1984 full format 26-06-1985 1985-15100119 PDF
31-12-1983 unclassified schema 06-07-1984 1984-09300919 PDF
31-12-1982 unclassified schema 02-09-1983 1983-11802111 PDF
31-12-1981 unclassified schema 26-08-1982 1982-11201518 PDF
31-12-1980 unclassified schema 11-08-1981 1981-10301515 PDF
31-12-1979 unclassified schema 10-07-1980 1980-08501247 PDF
31-12-1978 unclassified schema 09-07-1979 1979-08201521 PDF
31-12-1977 unclassified schema 03-08-1978 1978-06100482 PDF

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €9,163 awarded, €6,059 paid

Subsidies voor internationaal ondernemen
€9,163
Year Entries AwardedPaid
2025 1 €4,104€1,000
2024 1 €938€938
2023 1 €2,424€2,424
2022 1 €1,697€1,697

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
1.1m932,517497,590571,843352,370276,540282,254290,449134,79997,4599,27042,579-9,99249,58230,27828,38158,49536,10355,51463,581
805,990597,158307,498382,484244,611185,475188,596193,297112,98669,39927520,690-21,06531,65112,14213,69237,34713,59033,73041,359
31,673221,801159,54317,0558,2303,700130,70138,84729,27925,34517,9082,4609255,97616,83416,99525,2188,50618,149-
-133,37792,76058,038-14,119-502,598397,70799,844-49,612-56,94769,9902,90429,03821,990-1,990-32,65234,032-30,36216,482-18,510-
1.1m770,428756,975884,678910,137681,952540,883405,438256,533257,921223,838244,771228,082249,429223,797224,278232,156216,100214,409197,814
--------------0.6%0.7%1.9%2.0%4.4%5.0%
39.9%36.7%35.9%42.6%57.3%45.5%50.9%37.8%33.7%27.2%36.6%36.9%43.0%68.5%33.5%41.8%45.0%33.5%37.0%61.6%
1.541.431.471.732.361.832.081.551.471.381.561.611.793.301.481.661.781.481.572.68
1.431.281.311.511.961.511.671.271.111.050.951.140.881.360.941.051.060.800.880.61
1.501.721.791.350.751.200.961.651.972.671.731.711.320.461.991.391.221.981.700.62
54.5%52.5%30.5%37.9%22.5%20.5%24.8%37.6%33.6%20.6%-3.3%5.6%-13.7%6.6%-3.1%-1.7%8.7%2.0%9.6%13.4%
21.8%19.3%11.0%16.1%12.9%9.3%12.6%14.2%11.3%5.6%-1.2%2.1%-5.9%4.5%-1.0%-0.7%3.9%0.7%3.5%8.2%
18.756.845.358.189.43---------------
--------------79 days75 days44 days81 days107 days8 days
--------------40 days37 days20 days78 days44 days33 days

EBIT margin: not included in this filing.

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

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date55676
full-time44355
part-time11321
in full-time equivalents4.84.656.55.7
5.34.85.96.46.2
On a permanent contract55676
Joined10913
Left111004

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€31,103€221,801€159,543€17,055€8,230
Financial fixed assets€570----
€56,390€32,410€29,023€36,399€32,339

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Kadic

The operating result for 2025 is 19% higher than in 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 63.3% to 60.1%. Equity and debt are higher.

Board & ownership

Board

5 directors, 2 in day-to-day management, last change in 2024
KADIC Alain Hubert Hilda
Managing director
appointed by deed of 07-02-2024
listed in the 2025 annual accounts, filed on 20-08-2026
Kadic Invest BV
Managing director, permanent representative KADIC Jeremy Michel Pascale
managing director appointed by deed of 07-02-2024 managing director appointed by deed of 27-03-2023
earlier director, until 07-02-2024
listed in the 2025 annual accounts, filed on 20-08-2026
NYSSEN Nathalie Sonia Isabelle
Director
appointed by deed of 07-02-2024
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 20-08-2026
Alain Kadic
Director
in office according to the deed of 10-10-2019
listed in the 2025 annual accounts, filed on 20-08-2026
Nathalie Nyssen
Director
in office according to the deed of 10-10-2019
listed in the 2025 annual accounts, filed on 20-08-2026
Kadic Invest, KADIC Alain Hubert Hilda
Permanent representatives 1
KADIC Jeremy Michel Pascale
Permanent representative, for Kadic Invest
appointed by deed of 07-02-2024

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
Alain Kadic
Director
Nathalie Nyssen
Director
KADIC Alain Hubert Hilda
Managing director
NYSSEN Nathalie Sonia Isabelle
Director
Kadic Invest
Managing director
LeadershipBoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • Alain Kadic
    • Director, since before 10-10-2019
    • Managing director, from before 10-10-2019, last mentioned in 2019
  • Nathalie Nyssen
    • Director, since before 10-10-2019
  • KADIC Alain Hubert Hilda
    • Managing director, since before 31-12-2021
    • Managing director, since before 07-02-2024
  • NYSSEN Nathalie Sonia Isabelle
    • Director, since before 31-12-2021
  • Kadic Invest
    • Additional director, from before 31-12-2022 to 07-02-2024
    • Managing director, appointed by deed of 27-03-2023, still in office
    • Managing director, appointed by deed of 07-02-2024, still in office

See the board, name and registered office on a given date →

Control

Parent
Kadic Invest
Equity €1.1m
Profit €427,737 in 2025 (profit €304,353 in 2024)
Source: accounts Kadic Invest 2025
100%
This company
Kadic
Equity €1.4m
Profit €749,600 in 2025

Capital

Capital
€62,000
Shares
400
Contribution per share
€155
Equity per share
€3,440 in 2025
Source
deed of 07-02-2024

Owners through the years

as the annual accounts name them
Kadic Invest
100%
100%
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 07-02-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Hoogstens zes jaar”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of May at 11:00

Network & group

Group

Kadic Invest has 1 direct subsidiary (2025 accounts), the bar shows equity in euros
ParentKadic Invest1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE Kadic €1.4m result €749,600

Source: list of holdings in the 2025 accounts of Kadic Invest. Every holding stands with its own latest accounts.

At the same address

Nijverheidsstraat 8, 2160 Wommelgem · 2 other companies
Kadic Invest
registered office since 23-08-2022 · founded in 2022
 total assets €2.8m (2025)
0789.879.512
Groep Kadic
registered office since 01-06-2023
 founded in 2023
0801.395.786

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Federation Royale Belge de Golf - Koninklijke Belgische Golffederatie
via NYSSEN Nathalie Sonia Isabelle · Director · deed of 19-10-2021
Founded in 1947 · 5.8 FTE (2025)
→

Timeline

Timeline

64 events since 1970

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0407728414
Annual accounts 2025 filed NBBfull format · 20 days late
2025
Highest result from 2006 to 2025 net €749,600 ▲32.7% The operating result of €1.1m and the net result of €749,600 are both a record.
Annual accounts 2024 filed PDFabbreviated format · 49 days late
2024
Equity above €1m equity €1.1m ▲18.1% After 9 profitable years in a row, equity reaches €1.1m.
Annual accounts 2023 filed PDFabbreviated format · 22 days late
Registered office moved from Antwerp to WommelgemNew registered office: Nijverheidsstraat 8, 2160 Wommelgem · Previous registered office: Rysheuvelsstraat 21, 2600 Antwerpen (Berchem) · Change of role: KADIC INVEST, from director to managing director14 points ▸

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFabbreviated format · 31 days late
Publication in the Belgian Official Gazette PDFCapital €62,000, annual accounts 2023
Appointment: NV Kadic Invest (additional director)Permanent representative: Jeremy Kadic · General meeting of 03-01-20234 points ▸
  • General meeting, 03-01-2023
  • Director appointment, NV Kadic Invest (additional director)
  • Permanent representative, Jeremy Kadic
  • Director appointment, NV Kadic Invest (managing director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFabbreviated format · 31 days late
2021
Annual accounts 2020 filed PDFabbreviated format · 27 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 14 days late
2019
Equity above €500,000 equity €598,482 ▲33% After 4 profitable years in a row, equity reaches €598,482.
Reappointments: Alain Kadic (managing director) and Nathalie Nyssen (director)General meeting of 09-09-20194 points ▸
  • General meeting, 09-09-2019
  • Director reappointment, Alain Kadic
  • Director reappointment, Nathalie Nyssen
  • Director reappointment, Alain Kadic (managing director)
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFabbreviated format · 44 days late
2018
Annual accounts 2017 filed PDFabbreviated format · 29 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 29 days late
2016
Back to profit net €53,748 The net result is €53,748, after one loss-making year.
Annual accounts 2015 filed PDFabbreviated format · 30 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 13 days late
2014
Back to profit net €13,474 The net result is €13,474, after one loss-making year.
Annual accounts 2013 filed PDFabbreviated format · on the deadline day
2013
Weakest financial year net -€30,977 The net result drops to -€30,977, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2012 filed PDFabbreviated format · 54 days before the deadline
2012
Back to profit net €16,914 The net result is €16,914, after 2 loss-making years.
Liquidity more than doubled current ratio 3.30 The current ratio rises from 1.48 to 3.30. Short-term debt falls from €467,955 to €108,354.
Annual accounts 2011 filed PDFabbreviated format · 1 day before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 24 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 30 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 46 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 59 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 49 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1991
Annual accounts 1990 filed PDFabbreviated format
1990
Annual accounts 1989 filed PDFabbreviated format
1989
Annual accounts 1988 filed PDFabbreviated format
1988
Annual accounts 1987 filed PDFabbreviated format
1987
Annual accounts 1986 filed PDFabbreviated format
1986
Annual accounts 1985 filed PDFabbreviated format
1985
Annual accounts 1984 filed PDFfull format
1984
Annual accounts 1983 filed PDFunclassified schema
1983
Annual accounts 1982 filed PDFunclassified schema
1982
Annual accounts 1981 filed PDFunclassified schema
1981
Annual accounts 1980 filed PDFunclassified schema
1980
Annual accounts 1979 filed PDFunclassified schema
1979
Annual accounts 1978 filed PDFunclassified schema
1978
Annual accounts 1977 filed PDFunclassified schema
1970
First establishment Nijverheidsstraat 8, Wommelgem
Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Kadic was incorporated on 1 October 1970.1 The registered office was moved to Wommelgem in 2024.2 Total assets rose from €1.2m in 2018 to €3.4m in 2025 and headcount from 5.7 to 5.3 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-02-2024
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0407.728.414
VAT number
BE 0407.728.414
Peppol ID
0208:0407728414
Legal form
Public limited company
Status
Active, normal situation
Founded
01-10-1970
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of May at 11:00
deed of 07-02-2024 (in Dutch)
Peppol
Reachable since 09-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Kadic in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-02-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 07-02-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
28299 Manufacture of machinery and equipment not elsewhere classified main activity
28420 Manufacture of machinery and equipment not elsewhere classified
46160 Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46425 Wholesale trade
46498 Wholesale trade
47120 Other non-specialised retail sale
71121 Engineering and related technical consultancy, excluding land surveyors
Social security (RSZ) activities
28940 Manufacture of machinery and equipment not elsewhere classified main activity
Joint committees annual accounts 2024
JC 209 White-collar workers in metal manufacturing
JC 111 Metal, mechanical and electrical engineering
Codes under NACEBEL 2008
VAT activities
28299 Manufacture of machinery and equipment not elsewhere classified main activity
28490 Manufacture of machinery and equipment not elsewhere classified
46160 Wholesale trade
46425 Wholesale trade
46498 Wholesale trade
47910 Retail trade
71121 Engineering activities
Social security (RSZ) activities
28940 Manufacture of machinery and equipment not elsewhere classified main activity
Codes under NACEBEL 2003
VAT activities
29430 main activity
Social security (RSZ) activities
29540 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Nijverheidsstraat 8 registered office 2160 Wommelgem 01-10-1970 2.005.446.294
1 former office
  • 2600 Antwerpen (Berchem) until the deed of 07-02-2024

Buildings and parcels at the address

Ground area
1,368 m²
Buildings
2,570 m²
Volume, LiDAR
14,581 m³
Tallest building
13.1 m
Buildings to scale, each on its own parcel
2,569 m², 13.1 m 2,569 m², 13.1 m

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11052A0038/00V0021,368 m² 1 · 2,569 m² 13.1 m · 2

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