KADOCHINE
ActiveKADOCHINE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €81k and a net result of €15k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 54% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+10
Solvency70▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.57 in 2023; short-term debt: 41% and cash: 20.3% of total assets), but 54.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
45.1%
Return on assets
8.3%
Age of the figures
21 mo
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 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
27 d early
2022
28 d early
2021
45 d early
2020
8 d early
2019
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€81k▲ 8.1%
2023 · €75k
2019: €42k
2020: €63k
2021: €82k
2022: €76k
2023: €75k
2019 → 2024
Total assets
€180k▲ 0.3%
2023 · €179k
2019: €128k
2020: €105k
2021: €142k
2022: €126k
2023: €179k
2019 → 2024
Net result
€15k▲ 5,463%
2023 · €268
2019: €18k
2020: €21k
2021: €20k
2022: €-6k
2023: €268
2019 → 2024
Working capital
€49k▲ 30.0%
2023 · €38k
2019: €42k
2020: €56k
2021: €60k
2022: €53k
2023: €38k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€63k-€82k▲ 30.2%€76k▼ 7.6%€75k▼ 0.7%€81k▲ 8.1%
Operating result€27k-€23k▼ 13.9%€-5k€2k€23k▲ 1,298%
Net result€21k-€20k▼ 6.9%€-6k€268€15k▲ 5,463%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 1,298% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €180k
Fixed assets
€57k▼ 24.3%
Current assets
€123k▲ 17.9%
Equity and liabilities €180k
Equity
€81k▲ 8.1%
Debt
€99k▼ 5.3%
The debt ratio falls from 58.1% to 54.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▲
2023 · €11k
Cash flow
€33k▲
2023 · €10k
Solvency
45.1%▲
2023 · 41.9%
Current ratio
1.67▲
2023 · 1.57
Quick ratio
0.81▲
2023 · 0.63
Debt / equity
1.22▼
2023 · 1.39
ROE
18.4%▲
2023 · 0.4%
ROA
8.3%▲
2023 · 0.1%
Interest coverage
17.67▲
2023 · 7.82
Debt
€99k▼
2023 · €104k
Debt ≤ 1 year
€74k▲
2023 · €66k
Debt > 1 year
€25k▼
2023 · €38k
Income taxes
€6k▲
2023 · €2
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€179k€180k▲
Fixed assets21/28€75k€57k▼
Tangible fixed assets22/27€75k€57k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€64k€47k▼
Other tangible fixed assets26€8k€7k▼
Current assets29/58€104k€123k▲
Stocks and contracts in progress3€63k€63k▲
Stocks30/36€63k€63k▲
Amounts receivable within one year40/41€22k€22k▲
Trade receivables40€15k€22k▲
Other amounts receivable41€7k€107▼
Cash at bank and in hand54/58€20k€36k▲
Deferred charges and accrued income490/1€87€1k▲
Equity and liabilities
Total equity and liabilities10/49€179k€180k▲
Equity10/15€75k€81k▲
Contributions10/11€19k€19k=
Reserves13€56k€62k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€54k€60k▲
Profit (loss) carried forward14€645€708▲
Amounts payable17/49€104k€99k▼
Amounts payable after more than one year17€38k€25k▼
Financial debts170/4€38k€25k▼
Amounts payable within one year42/48€66k€74k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Financial debts43€13k-
Credit institutions430/8€13k-
Trade debts44€25k€23k▼
Suppliers440/4€25k€23k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€6k€17k▲
Taxes450/3€6k€17k▲
Other amounts payable47/48€10k€18k▲
Accrued charges and deferred income492/3-€8
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€18k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€486
Other operating charges640/8€927€1k▲
Gross operating margin9900€12k€43k▲
Operating profit (loss)9901€2k€23k▲
Financial income75/76B-€25
Recurring financial income75-€25
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€270€21k▲
Income taxes67/77€2€6k▲
Profit (loss) for the period9904€268€15k▲
Profit (loss) for the period to be appropriated9905€268€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€16k▲
Profit (loss) brought forward from the previous period14P€1k€645▼
Transfer from equity791/2-€8k
Transfer to equity691/2-€14k
To other reserves6921-€14k
Profit to be distributed694/7€830€9k▲
Return on contributions (dividend)694€830€9k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €268
Net result €268 after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-6k ▼132%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €21k ▲18%
Operating result €27k, net result €21k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Binche · 2 establishment units since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Fontaine(LEV) 1817134 BincheGround area
3,343 m²
Building footprint
633 m²
Volume, LiDAR
2,384 m³
2 parcels, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
KADOCHINE
since 19902.046.577.363
DECOSSIMO
since 20102.188.364.738
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56020A0142/00C006 | Wallonia | 2,498 m² | 1 · 486 m² | 4.6 m · 1 fl. |
| 56043C0126/00X000 | Wallonia | 844 m² | 1 · 147 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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CODI
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S & S CONSULTING
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C&I Industrial Consulting
BE 0678.766.210
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BAEYENS SALES ADVISORY
BE 1014.262.484
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,961 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-01-1990
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
47559Retail sale of other household articles
47599Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.