Summary
KARDAMON is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €128k and a net result of €11k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 9863 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
43 d early
2022
24 d early
2021
41 d early
2020
8 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€128k▼ 9.0%
2023 · €141k
2018: €53klowest in 7 years
2019: €78k▲ +45.5% vs 2018
2020: €110k▲ +42.1% vs 2019
2021: €131k▲ +18.7% vs 2020
2022: €137k▲ +4.7% vs 2021
2023: €141k▲ +2.7% vs 2022highest in 7 years
2024: €128k▼ -9.0% vs 2023
2018 → 2024
Net result
€11k▼ 39.0%
2023 · €19k
2018: €17k
2019: €24k▲ +44.4% vs 2018
2020: €34k▲ +41.2% vs 2019highest in 7 years
2021: €22k▼ -35.2% vs 2020
2022: €24k▲ +7.3% vs 2021
2023: €19k▼ -21.5% vs 2022
2024: €11k▼ -39.0% vs 2023lowest in 7 years
2018 → 2024
Total assets
€223k▼ 5.4%
2023 · €236k
2018: €242k
2019: €247k▲ +1.9% vs 2018
2020: €256k▲ +3.7% vs 2019highest in 7 years
2021: €247k▼ -3.6% vs 2020
2022: €247k▲ +0.1% vs 2021
2023: €236k▼ -4.4% vs 2022
2024: €223k▼ -5.4% vs 2023lowest in 7 years
2018 → 2024
Solvency
57.4%▼ 2.3pp
2023 · 59.7%
2018: 22.1%lowest in 7 years
2019: 31.5%▲ +42.8% vs 2018
2020: 43.2%▲ +37.0% vs 2019
2021: 53.2%▲ +23.2% vs 2020
2022: 55.6%▲ +4.6% vs 2021
2023: 59.7%▲ +7.3% vs 2022highest in 7 years
2024: 57.4%▼ -3.8% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€110k-€131k▲ 18.7%€137k▲ 4.7%€141k▲ 2.7%€128k▼ 9.0%
2020: €110klowest in 5 years
2021: €131k▲ +18.7% vs 2020
2022: €137k▲ +4.7% vs 2021
2023: €141k▲ +2.7% vs 2022highest in 5 years
2024: €128k▼ -9.0% vs 2023
Operating result€52k-€36k▼ 30.7%€37k▲ 3.3%€30k▼ 18.2%€22k▼ 28.0%
2020: €52khighest in 5 years
2021: €36k▼ -30.7% vs 2020
2022: €37k▲ +3.3% vs 2021
2023: €30k▼ -18.2% vs 2022
2024: €22k▼ -28.0% vs 2023lowest in 5 years
Net result€34k-€22k▼ 35.2%€24k▲ 7.3%€19k▼ 21.5%€11k▼ 39.0%
2020: €34khighest in 5 years
2021: €22k▼ -35.2% vs 2020
2022: €24k▲ +7.3% vs 2021
2023: €19k▼ -21.5% vs 2022
2024: €11k▼ -39.0% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 28% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €223k
Fixed assets
€175k ▼ 13.2%
Current assets
€48k ▲ 40.4%
Equity and liabilities €223k
Equity
€128k ▼ 9.0%
Debt
€95k ▼ 0.1%
Debt's share of the balance-sheet total rises from 40.3% to 42.6%. Equity and debt are lower.
Key figures and ratios
ROE
8.9%▼
2023 · 13.3%
ROA
5.1%▼
2023 · 7.9%
Debt ≤ 1 year
€91k▼
2023 · €93k
Income taxes
€6k▼
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€236k€223k▼
Fixed assets21/28€202k€175k▼
Tangible fixed assets22/27€202k€175k▼
Land and buildings22€130k€125k▼
Furniture and vehicles24€72k€50k▼
Current assets29/58€34k€48k▲
Amounts receivable within one year40/41€14k€13k▼
Trade receivables40€12k€13k▲
Other amounts receivable41€2k€176▼
Cash at bank and in hand54/58€18k€33k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€236k€223k▼
Equity10/15€141k€128k▼
Contributions10/11€19k€19k=
Reserves13€122k€110k▼
Distributable reserves133€122k€110k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€95k€95k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€93k€91k▼
Current portion of amounts payable after more than one year42€23k€2k▼
Trade debts44€830€1k▲
Suppliers440/4€830€1k▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€7k▼
Other amounts payable47/48€62k€81k▲
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€27k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€57k€50k▼
Operating profit (loss)9901€30k€22k▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€27k€17k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€19k€11k▼
Profit (loss) for the period to be appropriated9905€19k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€11k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€15k€24k▲
Transfer to equity691/2€19k€11k▼
To other reserves6921€19k€11k▼
Profit to be distributed694/7€15k€24k▲
Return on contributions (dividend)694€15k€24k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €15k | €18k | €25k | €27k | ▲ 7.2% |
| Other operating charges640/8 | - | €2k | €1k | €1k | €1k | ▲ 8.9% |
| Gross operating margin9900 | €64k | €53k | €56k | €57k | €50k | ▼ 11.7% |
| Operating profit (loss)9901 | €52k | €36k | €37k | €30k | €22k | ▼ 28.0% |
| Financial income75/76B | - | €1 | €0 | - | - | - |
| Recurring financial income75 | - | €1 | €0 | - | - | - |
| Financial charges65/66B | - | €3k | €3k | €3k | €5k | ▲ 38.2% |
| Recurring financial charges65 | €4k | €3k | €3k | €3k | €5k | ▲ 38.2% |
| Profit (loss) for the period before taxes9903 | €48k | €32k | €34k | €27k | €17k | ▼ 36.1% |
| Income taxes67/77 | €13k | €10k | €10k | €8k | €6k | ▼ 29.8% |
| Profit (loss) for the period9904 | €34k | €22k | €24k | €19k | €11k | ▼ 39.0% |
| Transfer from tax-exempt reserves789 | - | €433 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €34k | €23k | €24k | €19k | €11k | ▼ 39.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €256k | €247k | €247k | €236k | €223k | ▼ 5.4% |
| Fixed assets21/28 | €158k | €194k | €176k | €202k | €175k | ▼ 13.2% |
| Tangible fixed assets22/27 | €158k | €194k | €176k | €202k | €175k | ▼ 13.2% |
| Land and buildings22 | - | €142k | €135k | €130k | €125k | ▼ 4.0% |
| Furniture and vehicles24 | - | €53k | €41k | €72k | €50k | ▼ 29.8% |
| Current assets29/58 | €98k | €53k | €70k | €34k | €48k | ▲ 40.4% |
| Amounts receivable within one year40/41 | €14k | €13k | €12k | €14k | €13k | ▼ 12.1% |
| Trade receivables40 | - | €12k | €12k | €12k | €13k | ▲ 0.7% |
| Other amounts receivable41 | - | €994 | €48 | €2k | €176 | ▼ 91.3% |
| Cash at bank and in hand54/58 | €82k | €37k | €56k | €18k | €33k | ▲ 86.3% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €2k | €2k | ▲ 8.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €256k | €247k | €247k | €236k | €223k | ▼ 5.4% |
| Equity10/15 | €110k | €131k | €137k | €141k | €128k | ▼ 9.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €74k | €97k | €119k | €122k | €110k | ▼ 10.4% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €97k | €119k | €122k | €110k | ▼ 10.4% |
| Profit (loss) carried forward14 | €17k | €16k | €0 | €0 | €0 | - |
| Amounts payable17/49 | €145k | €116k | €110k | €95k | €95k | ▼ 0.1% |
| Amounts payable after more than one year17 | €62k | €42k | €21k | €0 | - | - |
| Financial debts170/4 | - | €42k | €21k | €0 | - | - |
| Amounts payable within one year42/48 | €81k | €70k | €86k | €93k | €91k | ▼ 2.0% |
| Current portion of amounts payable after more than one year42 | - | €22k | €23k | €23k | €2k | ▼ 92.2% |
| Trade debts44 | €214 | €518 | €516 | €830 | €1k | ▲ 47.4% |
| Suppliers440/4 | - | €518 | €516 | €830 | €1k | ▲ 47.4% |
| Taxes, remuneration and social security45 | - | €6k | €7k | €7k | €7k | ▼ 8.6% |
| Taxes450/3 | - | €6k | €7k | €7k | €7k | ▼ 8.6% |
| Other amounts payable47/48 | - | €41k | €56k | €62k | €81k | ▲ 31.9% |
| Accrued charges and deferred income492/3 | - | €4k | €2k | €2k | €4k | ▲ 71.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34k | €22k | €24k | €19k | €11k | ▼ 39.0% |
| + Depreciation and write-downs630 | €11k | €15k | €18k | €25k | €27k | ▲ 7.2% |
| Operating cash flow (approximation) | €45k | €37k | €42k | €44k | €38k | ▼ 12.7% |
| Investment in fixed assets (approximation) | - | €-50k | €0 | €-50k | €0 | ▲ 100% |
| Change in cash | - | €-46k | €19k | €-38k | €15k | ▲ 141% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €11k ▼39%
Net result drops to €11k, the lowest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
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 2018net €34k ▲41.2%
Operating result €52k, net result €34k, both a record.
31-12
Financial
Equity above €100kEq €110k ▲42.1%
3 profitable years in a row build equity to €110k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Evergem · 1 establishment unit since 2006
Ground area
1,133 m²
Building footprint
182 m²
Volume, LiDAR
1,044 m³
Parcel 43006D1110/00C000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kardamon
since 20062.154.504.117
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006D1110/00C000 | Flanders | 1,133 m² | 1 · 182 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 12,938 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-04-2006
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.