Kanandah
ActiveKanandah has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €137k and a net result of €82k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 41% of 2281 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency72▼-28
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 6.6 in 2023; short-term debt: 52.4% and cash: 92.9% of total assets), but 52.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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 17-06-2025, 44 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
42 d early
2022
48 d early
2021
45 d early
2020
45 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€137k▼ 33.0%
2023 · €205k
2018: €102k
2019: €125k
2020: €188k
2021: €247k
2022: €152k
2023: €205k
2018 → 2024
Total assets
€291k▲ 19.7%
2023 · €243k
2018: €120k
2019: €156k
2020: €197k
2021: €250k
2022: €329k
2023: €243k
2018 → 2024
Net result
€82k▼ 1.2%
2023 · €83k
2018: €43k
2019: €52k
2020: €63k
2021: €58k
2022: €76k
2023: €83k
2018 → 2024
Working capital
€137k▼ 33.4%
2023 · €205k
2018: €87k
2019: €115k
2020: €176k
2021: €243k
2022: €151k
2023: €205k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€188k-€247k▲ 31.0%€152k▼ 38.4%€205k▲ 35.2%€137k▼ 33.0%
Operating result€84k-€79k▼ 6.0%€100k▲ 27.6%€111k▲ 10.2%€106k▼ 4.3%
Net result€63k-€58k▼ 7.0%€76k▲ 30.4%€83k▲ 9.2%€82k▼ 1.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €291k
Fixed assets
€2k▲ 60.3%
Current assets
€289k▲ 19.5%
Equity and liabilities €291k
Equity
€137k▼ 33.0%
Debt
€153k▲ 307%
The debt ratio rises from 15.5% to 52.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€107k▼
2023 · €112k
Cash flow
€83k▼
2023 · €84k
Solvency
47.3%▼
2023 · 84.5%
Current ratio
1.90▼
2023 · 6.60
Quick ratio
1.90▼
2023 · 6.60
Debt / equity
1.11▲
2023 · 0.18
ROE
59.8%▲
2023 · 40.5%
ROA
28.3%▼
2023 · 34.3%
Interest coverage
279.49▲
2023 · 243.21
Debt
€153k▲
2023 · €38k
Debt ≤ 1 year
€152k▲
2023 · €37k
Income taxes
€23k▼
2023 · €27k
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€243k€291k▲
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€1k€2k▲
Furniture and vehicles24€1k€2k▲
Current assets29/58€242k€289k▲
Amounts receivable within one year40/41€13k€13k▼
Trade receivables40€13k€12k▼
Other amounts receivable41€17€605▲
Current investments50/53€4k€4k=
Cash at bank and in hand54/58€222k€270k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€243k€291k▲
Equity10/15€205k€137k▼
Contributions10/11€19k€19k=
Reserves13€187k€119k▼
Distributable reserves133€187k€119k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€38k€153k▲
Amounts payable within one year42/48€37k€152k▲
Financial debts43€248€1k▲
Credit institutions430/8€248€0▼
Other loans439-€1k
Trade debts44€375€265▼
Suppliers440/4€375€265▼
Taxes, remuneration and social security45€6k€728▼
Taxes450/3€6k€728▼
Other amounts payable47/48€30k€150k▲
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€843€1k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€420
Gross operating margin9900€113k€109k▼
Operating profit (loss)9901€111k€106k▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€459€383▼
Recurring financial charges65€459€383▼
Profit (loss) for the period before taxes9903€110k€106k▼
Income taxes67/77€27k€23k▼
Profit (loss) for the period9904€83k€82k▼
Profit (loss) for the period to be appropriated9905€83k€82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€83k€82k▼
Transfer from equity791/2€30k€97k▲
Transfer to equity691/2€83k€29k▼
To other reserves6921€83k€29k▼
Profit to be distributed694/7€30k€150k▲
Return on contributions (dividend)694€30k€150k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €83k ▲9.2%
Operating result €111k, net result €83k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 6.60
Current ratio from 1.86 to 6.60; short-term debt falls from €176k to €37k.
31-12
Financial
Equity above €200kEq €205k ▲35.2%
6 profitable years in a row build equity to €205k.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 87.57
Current ratio from 25.10 to 87.57; short-term debt falls from €7k to €3k.
31-12
Financial
Equity above €200kEq €247k ▲31%
4 profitable years in a row build equity to €247k.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 5current ratio 25.10
Current ratio from 4.88 to 25.10; short-term debt falls from €30k to €7k.
31-12
Financial
Equity above €150kEq €188k ▲50%
3 profitable years in a row build equity to €188k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herk-de-Stad · 1 establishment unit since 2015
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.
Muggenhoek 133540 Herk-de-StadGround area
865 m²
Building footprint
109 m²
Volume, LiDAR
675 m³
Parcel 71051B0506/00C002, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kanandah
since 20152.248.613.814
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71051B0506/00C002 | Flanders | 865 m² | 1 · 109 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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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Bratixia
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HILLE
BE 0478.259.488
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GENESYS
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MAMS COMPUTERS
BE 0837.263.616
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Of 2,726 companies in sector 63100 we hold annual accounts for 1,272. 976 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2015
Fiscal year end31-12
Activities, NACEBEL
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
62010Computer programming, consultancy and related activities
62020IT consultancy
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.