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KBDO

Active
Private limited companyfounded 2022active for 4 yearsRue des Trois Burettes 16, 1435 Mont-Saint-Guibert, BelgiumKBO/BCE: BE 0786.652.479
Summary

The computed 12-month bankruptcy probability of KBDO is 12.4% (high). The 2024 annual accounts show equity of €7,089 and a net result of €7,824. Equity is growing by about 442% per year across the filed financial years. The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 19 October 2026.

Equity
€7,089
2023 · -€735
Total assets
€66,298▼ 19.1%
2023 · €81,915
Net result
€7,824
2023 · -€1,322
Working capital
-€16,959▲ 43.5%
2023 · -€30,006
Trend over the years

2022 to 2024, 3 financial years

The operating result has risen two years in a row; 2024 is 1,192% above 2023 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€12,595 2024 Net result€7,824 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202220232024
Operating result€652-€975▲ 49.4%€12,595▲ 1,192%
Net result-€413--€1,322▼ 220%€7,824
Equity€587--€735€7,089
Total assets€73,778-€81,915▲ 11.0%€66,298▼ 19.1%
Debt€73,191-€82,650▲ 12.9%€59,210▼ 28.4%
Working capital-€18,083--€30,006▼ 65.9%-€16,959▲ 43.5%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €66,298
Fixed assets €58,062 ▼ 20.5%
Current assets €8,236 ▼ 7.7%
Equity and liabilities €66,298
Equity €7,089
Debt €59,210
Debt finances 89.3% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€27,527▲
2023 · €14,647
Cash flow
€22,755▲
2023 · €12,351
Current ratio
0.33▲
2023 · 0.23
Quick ratio
0.22▲
2023 · 0.10
Debt to equity
8.35
ROE
110.4%
ROA
11.8%▲
2023 · -1.6%
Interest coverage
15.69▲
2023 · 6.38
Debt ≤ 1 year
€25,195▼
2023 · €38,927
Debt > 1 year
€34,015▼
2023 · €43,723
Income taxes
€3,018
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 12.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€81,915€66,298▼
Fixed assets21/28€72,994€58,062▼
Intangible fixed assets21€50,005€40,760▼
Tangible fixed assets22/27€22,989€17,302▼
Furniture and vehicles24€9,475€5,309▼
Other tangible fixed assets26€13,514€11,993▼
Current assets29/58€8,921€8,236▼
Stocks and contracts in progress3€5,123€2,610▼
Stocks30/36€5,123€2,610▼
Amounts receivable within one year40/41€23-
Trade receivables40€23-
Cash at bank and in hand54/58€3,012€4,371▲
Deferred charges and accrued income490/1€763€1,255▲
Equity and liabilities
Total equity and liabilities10/49€81,915€66,298▼
Equity10/15-€735€7,089▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€1,735€6,089▲
Amounts payable17/49€82,650€59,210▼
Amounts payable after more than one year17€43,723€34,015▼
Financial debts170/4€43,723€34,015▼
Amounts payable within one year42/48€38,927€25,195▼
Current portion of amounts payable after more than one year42€16,061€9,708▼
Trade debts44€1,961-
Suppliers440/4€1,961-
Taxes, remuneration and social security45-€2,925
Taxes450/3-€2,925
Other amounts payable47/48€20,905€12,561▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,673€14,932▲
Other operating charges640/8€954€712▼
Gross operating margin9900€15,601€28,239▲
Operating profit (loss)9901€975€12,595▲
Financial charges65/66B€2,297€1,754▼
Recurring financial charges65€2,297€1,754▼
Profit (loss) for the period before taxes9903-€1,322€10,841▲
Income taxes67/77-€3,018
Profit (loss) for the period9904-€1,322€7,824▲
Profit (loss) for the period to be appropriated9905-€1,322€7,824▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,735€6,089▲
Profit (loss) brought forward from the previous period14P-€413-€1,735▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,731€13,673€14,932▲ 9.2%
Other operating charges640/8€348€954€712▼ 25.4%
Gross operating margin9900€6,731€15,601€28,239▲ 81.0%
Operating profit (loss)9901€652€975€12,595▲ 1,192%
Financial charges65/66B€1,065€2,297€1,754▼ 23.6%
Recurring financial charges65€1,065€2,297€1,754▼ 23.6%
Profit (loss) for the period before taxes9903-€413-€1,322€10,841-
Income taxes67/77--€3,018-
Profit (loss) for the period9904-€413-€1,322€7,824-
Profit (loss) for the period to be appropriated9905-€413-€1,322€7,824-
Line202220232024Change
Assets
Total assets20/58€73,778€81,915€66,298▼ 19.1%
Fixed assets21/28€70,603€72,994€58,062▼ 20.5%
Intangible fixed assets21€59,250€50,005€40,760▼ 18.5%
Tangible fixed assets22/27€11,353€22,989€17,302▼ 24.7%
Furniture and vehicles24-€9,475€5,309▼ 44.0%
Other tangible fixed assets26€11,353€13,514€11,993▼ 11.2%
Current assets29/58€3,175€8,921€8,236▼ 7.7%
Stocks and contracts in progress3-€5,123€2,610▼ 49.1%
Stocks30/36-€5,123€2,610▼ 49.1%
Amounts receivable within one year40/41-€23--
Trade receivables40-€23--
Cash at bank and in hand54/58€3,029€3,012€4,371▲ 45.1%
Deferred charges and accrued income490/1€146€763€1,255▲ 64.5%
Equity and liabilities
Total equity and liabilities10/49€73,778€81,915€66,298▼ 19.1%
Equity10/15€587-€735€7,089-
Contributions10/11€1,000€1,000€1,000=
Profit (loss) carried forward14-€413-€1,735€6,089-
Amounts payable17/49€73,191€82,650€59,210▼ 28.4%
Amounts payable after more than one year17€51,933€43,723€34,015▼ 22.2%
Financial debts170/4€51,933€43,723€34,015▼ 22.2%
Amounts payable within one year42/48€21,258€38,927€25,195▼ 35.3%
Current portion of amounts payable after more than one year42€8,571€16,061€9,708▼ 39.6%
Trade debts44€1,023€1,961--
Suppliers440/4€1,023€1,961--
Taxes, remuneration and social security45--€2,925-
Taxes450/3--€2,925-
Other amounts payable47/48€11,664€20,905€12,561▼ 39.9%
Line202220232024Change
Profit (loss) for the period9904-€413-€1,322€7,824-
+ Depreciation and write-downs630€5,731€13,673€14,932▲ 9.2%
Operating cash flow (approximation)€5,318€12,351€22,755▲ 84.2%
Investment in fixed assets (approximation)--€16,064€0-
Change in cash--€17€1,358-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2024 micro format 31-08-2025 2025-00453498
31-12-2023 micro format 31-08-2024 2024-00452353
31-12-2022 micro format 29-08-2023 2023-00402909

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.