Kashu
ActiveSummary
Kashu has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €141k and a net result of €62k. Equity is growing by ~79.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 2832 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 22.13 against 9.34 in 2023; short-term debt: 3.8% and cash: 69.7% of total assets), and 4.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
95.7%
Return on assets
42%
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 21-03-2025, 132 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
132 d early
2023
75 d early
2022
150 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€141k▲ 78.1%
2023 · €79k
2022: €15klowest in 3 years
2023: €79k▲ +422% vs 2022
2024: €141k▲ +78.1% vs 2023highest in 3 years
2022 → 2024
Total assets
€147k▲ 66.6%
2023 · €88k
2022: €34klowest in 3 years
2023: €88k▲ +160% vs 2022
2024: €147k▲ +66.6% vs 2023highest in 3 years
2022 → 2024
Net result
€62k▼ 3.4%
2023 · €64k
2022: €13klowest in 3 years
2023: €64k▲ +406% vs 2022highest in 3 years
2024: €62k▼ -3.4% vs 2023
2022 → 2024
Working capital
€116k▲ 51.8%
2023 · €77k
2022: €13klowest in 3 years
2023: €77k▲ +495% vs 2022
2024: €116k▲ +51.8% vs 2023highest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€15k-€79k▲ 422%€141k▲ 78.1%
2022: €15klowest in 3 years
2023: €79k▲ +422% vs 2022
2024: €141k▲ +78.1% vs 2023highest in 3 years
Operating result€16k-€80k▲ 413%€77k▼ 3.5%
2022: €16klowest in 3 years
2023: €80k▲ +413% vs 2022highest in 3 years
2024: €77k▼ -3.5% vs 2023
Net result€13k-€64k▲ 406%€62k▼ 3.4%
2022: €13klowest in 3 years
2023: €64k▲ +406% vs 2022highest in 3 years
2024: €62k▼ -3.4% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €147k
Fixed assets
€25k ▲ 1,006%
Current assets
€122k ▲ 41.9%
Equity and liabilities €147k
Equity
€141k ▲ 78.1%
Debt
€6k ▼ 31.8%
Debt's share of the balance-sheet total falls from 10.4% to 4.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▼
2023 · €81k
Cash flow
€65k=
2023 · €65k
Current ratio
22.13▲
2023 · 9.34
Debt to equity
0.04▼
2023 · 0.12
ROE
43.9%▼
2023 · 80.9%
ROA
42.0%▼
2023 · 72.4%
Interest coverage
893.61▼
2023 · 1590.02
Debt ≤ 1 year
€6k▼
2023 · €9k
Income taxes
€15k▼
2023 · €16k
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 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€88k€147k▲
Fixed assets21/28€2k€25k▲
Tangible fixed assets22/27€2k€25k▲
Land and buildings22-€8k
Plant, machinery and equipment23€2k€10k▲
Furniture and vehicles24-€7k
Current assets29/58€86k€122k▲
Amounts receivable within one year40/41€14k€18k▲
Trade receivables40€14k€15k▲
Other amounts receivable41-€3k
Cash at bank and in hand54/58€70k€102k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€88k€147k▲
Equity10/15€79k€141k▲
Contributions10/11€3k€3k=
Reserves13€76k€138k▲
Distributable reserves133€76k€138k▲
Amounts payable17/49€9k€6k▼
Amounts payable within one year42/48€9k€6k▼
Trade debts44€624€1k▲
Suppliers440/4€624€1k▲
Taxes, remuneration and social security45€8k€4k▼
Taxes450/3€8k€4k▼
Other amounts payable47/48€137€0▼
Accrued charges and deferred income492/3-€757
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€961€3k▲
Other operating charges640/8€487€458▼
Gross operating margin9900€81k€81k▼
Operating profit (loss)9901€80k€77k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€51€90▲
Recurring financial charges65€51€90▲
Profit (loss) for the period before taxes9903€80k€77k▼
Income taxes67/77€16k€15k▼
Profit (loss) for the period9904€64k€62k▼
Profit (loss) for the period to be appropriated9905€64k€62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€62k▼
Transfer to equity691/2€64k€62k▼
To other reserves6921€64k€62k▼
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 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €196 | €961 | €3k | ▲ 227% |
| Other operating charges640/8 | €571 | €487 | €458 | ▼ 5.9% |
| Gross operating margin9900 | €16k | €81k | €81k | ▼ 0.8% |
| Operating profit (loss)9901 | €16k | €80k | €77k | ▼ 3.5% |
| Financial income75/76B | €15 | €1 | €0 | ▼ 100% |
| Recurring financial income75 | €15 | €1 | €0 | ▼ 100% |
| Financial charges65/66B | €12 | €51 | €90 | ▲ 76.6% |
| Recurring financial charges65 | €12 | €51 | €90 | ▲ 76.6% |
| Profit (loss) for the period before taxes9903 | €16k | €80k | €77k | ▼ 3.5% |
| Income taxes67/77 | €3k | €16k | €15k | ▼ 4.0% |
| Profit (loss) for the period9904 | €13k | €64k | €62k | ▼ 3.4% |
| Profit (loss) for the period to be appropriated9905 | €13k | €64k | €62k | ▼ 3.4% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €34k | €88k | €147k | ▲ 66.6% |
| Fixed assets21/28 | €2k | €2k | €25k | ▲ 1,006% |
| Tangible fixed assets22/27 | €2k | €2k | €25k | ▲ 1,006% |
| Land and buildings22 | - | - | €8k | - |
| Plant, machinery and equipment23 | €2k | €2k | €10k | ▲ 328% |
| Furniture and vehicles24 | - | - | €7k | - |
| Current assets29/58 | €32k | €86k | €122k | ▲ 41.9% |
| Amounts receivable within one year40/41 | €12k | €14k | €18k | ▲ 29.9% |
| Trade receivables40 | €12k | €14k | €15k | ▲ 10.1% |
| Other amounts receivable41 | - | - | €3k | - |
| Cash at bank and in hand54/58 | €18k | €70k | €102k | ▲ 45.3% |
| Deferred charges and accrued income490/1 | €994 | €2k | €2k | ▼ 0.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €34k | €88k | €147k | ▲ 66.6% |
| Equity10/15 | €15k | €79k | €141k | ▲ 78.1% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Reserves13 | €13k | €76k | €138k | ▲ 80.7% |
| Distributable reserves133 | €13k | €76k | €138k | ▲ 80.7% |
| Amounts payable17/49 | €19k | €9k | €6k | ▼ 31.8% |
| Amounts payable within one year42/48 | €19k | €9k | €6k | ▼ 40.1% |
| Trade debts44 | €493 | €624 | €1k | ▲ 62.0% |
| Suppliers440/4 | €493 | €624 | €1k | ▲ 62.0% |
| Taxes, remuneration and social security45 | €8k | €8k | €4k | ▼ 46.7% |
| Taxes450/3 | €8k | €8k | €4k | ▼ 46.7% |
| Other amounts payable47/48 | €10k | €137 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €757 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €64k | €62k | ▼ 3.4% |
| + Depreciation and write-downs630 | €196 | €961 | €3k | ▲ 227% |
| Operating cash flow (approximation) | €13k | €65k | €65k | = |
| Investment in fixed assets (approximation) | - | €-1k | €-26k | ▼ 2,473% |
| Change in cash | - | €52k | €32k | ▼ 38.8% |
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
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 22.13
Current ratio from 9.34 to 22.13; short-term debt falls from €9k to €6k.
31-12
Financial
Equity above €100kEq €141k ▲78.1%
3 profitable years in a row build equity to €141k.
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2022net €64k ▲406%
Operating result €80k, net result €64k, both a record.
31-12
Financial
Liquidity times 6current ratio 9.34
Current ratio from 1.69 to 9.34; short-term debt falls from €19k to €9k.
03-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Mol · 1 establishment unit since 2022
Ground area
530 m²
Building footprint
106 m²
Parcel 13434F0287/00K002, Flanders. Linked by address, not a title deed.
1 establishment unit
Kashu
since 20222.335.725.455
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13434F0287/00K002 | Flanders | 530 m² | 1 · 106 m² | - |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,080 EUR awarded · 1,080 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,080 EUR | 1,080 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,387 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
Founded30-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.