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KADSYS

Active
Private limited companyfounded 200917 yrs activeNestor De Tièrestraat 23, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0816.710.702
Summary

KADSYS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €433,015 and a net result of €47,819. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 81% of 20779 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisWatch ReportCompare
KADSYSActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200IT consultancy NACE 62020
1 site
Size
€505,780total assets 2024
Equity
€433,015
Profit
€47,819
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2024
Bankruptcy chance 12 m
0.8%
Structure
Accounts 63 d overdue0 of 3 deeds read
Why 55Capped at 59: a confirmed filing finding- Figures for FY 2024 (filed 06-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 91 days late; 2 of the last 3 late- Liquidity: current ratio 6.95, cash €8,604+ Sector Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 48% of its sector peers (NACE 62, micro)
Performance against the sector, not lower risk
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 100+2
equity 85.6% of total assets
Liquidity 49-30
short-term debt 14.4% · cash 1.7%
Profitability 61+12
return on assets 9.5%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,520 companies)
Last 20 months 03-2025: 0.8% 04-2025: 0.8%▼ -2.3% vs 03-2025 05-2025: 0.7%▼ -2.4% vs 04-2025 06-2025: 0.7%▼ -3.3% vs 05-2025 07-2025: 0.8%▲ +14.0% vs 06-2025 08-2025: 1.1%▲ +37.1% vs 07-2025 09-2025: 1.2%▲ +10.1% vs 08-2025 10-2025: 1.5%▲ +26.2% vs 09-2025 11-2025: 1.6%▲ +3.0% vs 10-2025highest value 12-2025: 0.4%▼ -75.8% vs 11-2025 01-2026: 0.4%▼ -3.6% vs 12-2025lowest value 02-2026: 0.4%▲ +4.9% vs 01-2026 03-2026: 0.4%▲ +1.5% vs 02-2026 04-2026: 0.4%▼ -1.8% vs 03-2026 05-2026: 0.4%▼ -2.6% vs 04-2026 06-2026: 0.4%▲ +1.9% vs 05-2026 07-2026: 0.4%▲ +3.4% vs 06-2026 08-2026: 0.6%▲ +43.7% vs 07-2026 09-2026: 0.6%▲ +10.8% vs 08-2026 10-2026: 0.8%▲ +26.3% vs 09-2026
  • Figures for FY 2024 (filed 06-11-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 91 days late; 2 of the last 3 late raises the probability
  • Liquidity: current ratio 6.95, cash €8,604 raises the probability
  • Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
Credit up to €23,000 at 30 days only on tighter terms
Liquidity ample (current ratio 6.95 against 3.69 in 2023; short-term debt: 14.4% and cash: 1.7% of total assets), and 14.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, micro). Better than this share of them on solvency 84%, liquidity 24%, profitability 24%, growth against the median 59%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Figures for FY 2024 (filed 06-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 91 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Liquidity: current ratio 6.95, cash €8,604
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Computer programming, consultancy and related activities (NACE 62)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
91 d late
2023
30 d late
2022
183 d late
2021
548 d late
2020
31 d late
2019
46 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 155 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Highest result since 2018net €47,819 ▲98.7%
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Among the best 6% on equitysector median €73,616 · 20,790 companies €433,015 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Positive: 7 profitable years in a rowprofit 2024: €47,819 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€505,780
Profit
€47,819
Solvency
85.6%
Total assets▼ 4.3%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2016
  1. 30-10-2025Annual accounts filed
  2. 31-12-2024Highest result since 2018
  3. 30-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
02-07-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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