KD Aerospace
ActiveSummary
The annual accounts of KD Aerospace for fiscal year 2024 show a net loss of 67% of total assets and of 55% of the equity at the start of that year. The 2024 annual accounts show equity of €6k and a net result of €-8k. Its solvency ranks better than 58% of 2542 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency81▼-19
Growth32
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.95 against 7.4 in 2023; short-term debt: 44.1% and cash: 75.5% of total assets), and 44.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.9%
Return on assets
-67.2%
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 30-06-2025, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
12 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€6k▼ 54.6%
2023 · €14k
2023: €14k
2023 → 2024
Total assets
€11k▼ 29.5%
2023 · €16k
2023: €16k
2023 → 2024
Net result
€-8k
2023 · €8k
2023: €8k
2023 → 2024
Working capital
€5k▼ 65.2%
2023 · €14k
2023: €14k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€14k-€6k▼ 54.6%
Operating result€10k-€-7k
Net result€8k-€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €10k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11k
Fixed assets
€2k ▲ 548%
Current assets
€10k ▼ 38.3%
Equity and liabilities €11k
Equity
€6k ▼ 54.6%
Debt
€5k ▲ 134%
Debt's share of the balance-sheet total rises from 13.3% to 44.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k
Cash flow
€-7k
Current ratio
1.95▼
2023 · 7.40
Debt to equity
0.79▲
2023 · 0.15
ROE
-120.2%▼
2023 · 56.7%
ROA
-67.2%▼
2023 · 49.1%
Interest coverage
-119.03
Debt ≤ 1 year
€5k▲
2023 · €2k
Income taxes
€0▼
2023 · €2k
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 · 33 lines
Balance sheet
Code20232024
Assets
Total assets20/58€16k€11k▼
Fixed assets21/28€240€2k▲
Tangible fixed assets22/27-€1k
Furniture and vehicles24-€1k
Financial fixed assets28€240€240=
Current assets29/58€16k€10k▼
Amounts receivable within one year40/41€1k€786▼
Trade receivables40€342€314▼
Other amounts receivable41€753€471▼
Cash at bank and in hand54/58€14k€8k▼
Deferred charges and accrued income490/1€404€415▲
Equity and liabilities
Total equity and liabilities10/49€16k€11k▼
Equity10/15€14k€6k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€8k€287▼
Amounts payable17/49€2k€5k▲
Amounts payable within one year42/48€2k€5k▲
Trade debts44€108€3k▲
Suppliers440/4€108€3k▲
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€476
Other operating charges640/8€957€387▼
Gross operating margin9900€11k€-7k▼
Operating profit (loss)9901€10k€-7k▼
Financial charges65/66B€75€59▼
Recurring financial charges65€75€59▼
Profit (loss) for the period before taxes9903€10k€-8k▼
Income taxes67/77€2k€0▼
Profit (loss) for the period9904€8k€-8k▼
Profit (loss) for the period to be appropriated9905€8k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€287▼
Profit (loss) brought forward from the previous period14P-€8k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
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, Namur · 1 establishment unit since 2022
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.
Avenue des Dessus de Lives(LO) 25101 NamurGround area
2,634 m²
Building footprint
1,021 m²
Volume, LiDAR
15,069 m³
Parcel 92078A0002/02G002, Wallonia · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KD Aerospace
since 20222.337.523.915
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92078A0002/02G002 | Wallonia | 2,634 m² | 1 · 1,021 m² | 18.2 m · 5 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.
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Of 293 companies in sector 85532 we hold annual accounts for 83. 45 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2022
Fiscal year end31-12
Abbreviation FR
KDA
Activities, NACEBEL 2025
85532Education
52230Warehousing and support activities for transportation
74999Other professional, scientific and technical activities
77350Rental and leasing activities
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:doucet.kv@gmail.com
Phone:+352691622598