Equity
€935,247 ▲ 0.1%
KADIPACK paid out €1.6m in dividends. That is 100% of the 2025 profit.
KADIPACK
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €8.4m (2016)
€6.6m▲ 15.5%
lowest -€27,330 (2023)
€1.6m▲ €1.6m
peak €973,578 (2022)
€935,247▲ 0.1%
€9.0m▲ 0.5%
peak 15.4 FTE (2006)
-not published
Board3 names since 2017
1 director
Owners
99.92%
Documentsfilings and deeds
30-04-2026on the last day
2025financial year
Turnover from €5.7m to €6.6mBack to profit: €1.6mDividend €1.6mCash from €238,011 to €1.1m
Key points
from the 2025 annual accountsResult
€1.6m €1.6m
Back in profit in 2025, after a loss of €11,907 in 2024.
Debts
€9.0m 90% of the balance sheet
Financial debts 52%Suppliers 33%Taxes and wages 1%Other 14%
€4.3m of the debts are secured on the company's own assets. In 2021 that was €6.3m.
Payment terms
169 days to suppliers
KADIPACK pays its suppliers 41 days later than in 2024. Customers pay 7 days later.
Filings
29 annual accounts since 1997
The 2018 accounts came 30 days late. The other nine of the last ten were filed on time.
Position in the sector
9.3%
Lower solvency than 88% of companies in wholesale trade. Sector median 43.8% · 3,766 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 167 companies had the same profile as KADIPACK has now. Each dot is one company, two years later.
97.0%
were still trading
1.8%
stopped another way
1.2%
went bankrupt
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 167 companies, not a prediction for KADIPACK. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Manager,
Auditor,
- 99.92%equity €7.5m (2025) · 30-09-2025 annual accounts of
Shares in 4 companies, including and
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0459256792
New statutory auditor and company auditor
appointed, resigned · General meeting of 28-09-2022 · Gazette deed
Registered office moved from Ichtegem to Torhout
New registered office: Ringaertstraat 3 te 8820 Torhout · Previous registered office: Industriestraat 36 te 8480 Ichtegem · Permanent representative: · General meeting of 06-12-2021 · Gazette deed
1 manager appointed, 1 resignation, 1 statutory auditor reappointed
Resignation: (manager) · Appointment: (manager) · Permanent representative: · General meeting of 24-09-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KADIPACK Torhout | €6.6m | 3.0% | 9.3% | - |
| J-TEC SERVICE Kapellen | €5.6m | 5.9% | 18.1% | 36.3 |
| TECMATE INTERNATIONAL Tienen | €7.1m | 8.2% | 75.6% | 12.9 |
| GLOBALL CONCEPT Nivelles | €8.6m | 1.3% | 47.0% | 37 |
| BEHEER VAN TURNHOUT Kontich | €5.1m | 7.1% | 68.4% | 19.5 |
| ALLEGION Dilbeek | €7.1m | 3.6% | 17.3% | 29.7 |
| ALGEMENE BRAND BEVEILIGINGSSYSTEMEN Leuven | €10.5m | 13.3% | 71.0% | 19.1 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as KADIPACK: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €5.6m and €11m, founded between 1988 and 2000.
Official details
Source: KBO- Status
- Active since 20-11-1996Normal situation
- Activity
- Wholesale of other machinery and equipmentNACE 46649and 2 others
- Joint committees
- 136Paper and cardboard processing
- 222White-collar workers in paper and cardboard processing · annual accounts 30-09-2025
- Establishment unit
- 2.079.213.7078820 Torhout, registered on 26-11-1996
- Financial year end
- 30 September
- Peppol
- Reachable since 06-11-2025
Annual accounts to 30-09-2025
- €10.0m▲ 0.3%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on KADIPACK
KADIPACK has existed since 1996. Turnover grew from €4.3m in 2009 to €6.6m in 2025.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KADIPACK
- What is the company number of KADIPACK?
- The company number of KADIPACK is 0459.256.792. The VAT number is the same number with BE in front: BE 0459.256.792.
- Where is KADIPACK based?
- The registered office is at Ringaertstraat 3, 8820 Torhout.Company details
- What does KADIPACK do?
- According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
- What is the legal form of KADIPACK?
- KADIPACK is a private limited company (BV).
- When was KADIPACK founded?
- KADIPACK was founded on 20-11-1996.
- Is KADIPACK still active?
- Yes, KADIPACK is an active enterprise in the KBO register.
- Which joint committee does KADIPACK fall under?
- In its 30-09-2025 annual accounts, KADIPACK states joint committees 136 (Paper and cardboard processing) and 222 (White-collar workers in paper and cardboard processing).
- What is the turnover of KADIPACK?
- The turnover of KADIPACK was €6.6m in financial year 2025, according to the filed annual accounts.Financials
- Is KADIPACK profitable?
- In financial year 2025, KADIPACK made a profit of €1.6m.
- Where can I find the annual accounts of KADIPACK?
- KADIPACK filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KADIPACK due?
- KADIPACK must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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