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KADINCA

Active
Private limited companyfounded 2010active for 16 yearsEvergemsesteenweg 65, 9032 Gent, BelgiumKBO/BCE: BE 0826.107.527
Summary

The computed 12-month bankruptcy probability of KADINCA is 11.0% (high). The 2025 annual accounts show negative equity (-€146,047) and a net result of -€179,825. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 12,775 sector peers (NACE 47, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 25-05-2010 Normal situation
Activity
Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716and 1 other
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2022
Establishment unit
2.191.929.685 9940 Evergem, since 11-05-2010
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

29 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
11.0%
Annual accounts 2025
Gross margin
€37,488
▲ 42.9%
Turnover
≈ €170,000
estimated
Loss
€179,825
▲ 133%
Equity
-€146,047
Total assets
€214,580
▼ 43.1%
Employees on 31-12-2025
1
▼ 50.0%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 45 days after the deadline
Score breakdownraises riskLoss of €179,825, the second in a row (financial year 2025)Negative equity -€146,047Last filed accounts filed 45 days late; 3 of the last 3 accounts late1 change of registered office in 24 monthsShow the evidence

Checked score

Score 2025
29 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 11% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 0-34
equity -68.1% of total assets
Liquidity 33-17
short-term debt 37.6% · cash 0.3%
Profitability 0=
return on assets -83.8%
Bankruptcy probability within 12 months
11.0% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.5%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.7%▲ +0.2 percentage points vs 06-2025 08-2025: 2.4%▲ +0.7 percentage points vs 07-2025 09-2025: 2.5%▲ +0.1 percentage points vs 08-2025 10-2025: 3.2%▲ +0.7 percentage points vs 09-2025 11-2025: 3.8%▲ +0.6 percentage points vs 10-2025 12-2025: 3.8%● unchanged vs 11-2025 01-2026: 6.1%▲ +2.3 percentage points vs 12-2025 02-2026: 6.1%● unchanged vs 01-2026 03-2026: 6.1%● unchanged vs 02-2026 04-2026: 6.4%▲ +0.3 percentage points vs 03-2026 05-2026: 6.3%▼ -0.1 percentage points vs 04-2026 06-2026: 6.1%▼ -0.2 percentage points vs 05-2026 07-2026: 6.1%● unchanged vs 06-2026 08-2026: 6.3%▲ +0.2 percentage points vs 07-2026 09-2026: 6.6%▲ +0.3 percentage points vs 08-2026 10-2026: 11.0%▲ +4.4 percentage points vs 09-2026highest value 11-2026: 11.0%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is ample, with a current ratio of 2.66 (7.33 in 2024), above the usual 1.5. Short-term debt is 37.6% and cash 0.3% of total assets. However, equity is negative.
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 47, micro). It does better than 6% of them on solvency, 30% on liquidity, 6% on profitability and 1% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Six signals.
raises risk
raises risk · Loss of €179,825, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€146,047
NBB · annual accounts
raises risk · Last filed accounts filed 45 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€146,047
raises risk · 2025 accounts filed 45 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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
45 days late
2024
67 days late
2023
31 days late
2022
66 days late
2021
16 days late
2020
31 days late
2019
45 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 43 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 14 September (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
02-11-2026 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

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€146,047 View
  • Caution: Result fell in 2025from -€77,133 to -€179,825 ▼ 133% View
  • Caution: Lower solvency than 95% of companies in retail tradesector median 36.6% · 12,775 companies -68.1% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€179,825 View

Recent changes

  1. · Gazette deed Registered office moved from Gent to Wondelgem
  2. · Gazette deed Change of role: Kahya Zeliha, from manager to directorAppointment: Kinik Hakki (director)
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as KADINCA: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €110,000 and €379,000, founded between 2003 and 2015.

CompanyTotal assetsGross margin
KADINCA Gent€214,580€37,488
BACKYARD 52 Herenthout€272,880€25,297
THE MOOSE Kontich€156,210€35,202
Huis Ariane Tongeren-Borgloon€145,551€22,036
A - PROPOS OOSTENDE Oudenburg€254,698€64,211
PAULI FABRICS Leuven€110,442€37,087
GUAPA De Haan€379,455€60,766
Full comparison

Key facts about KADINCA

What is the company number of KADINCA?
The company number of KADINCA is 0826.107.527. The VAT number is the same number with BE in front: BE 0826.107.527.
Where is KADINCA based?
The registered office is at Evergemsesteenweg 65, 9032 Gent.Company details
What does KADINCA do?
According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
What is the legal form of KADINCA?
The legal form of KADINCA is Private limited company (BV).
When was KADINCA founded?
KADINCA was founded on 25-05-2010.
Is KADINCA still active?
Yes, KADINCA is an active enterprise in the KBO register.
How many employees does KADINCA have?
KADINCA had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does KADINCA fall under?
In its 2022 annual accounts, KADINCA states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of KADINCA?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €37,488 and 74 comparable companies (NACE 477). It probably lies between €94,000 and €320,000.
Is KADINCA profitable?
In financial year 2025, KADINCA made a loss of €179,825.
Where can I find the annual accounts of KADINCA?
KADINCA filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KADINCA due?
KADINCA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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