KD INDUSTRIES
ActiveKD INDUSTRIES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €-20k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 3110 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-10
Solvency45▼-11
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.95 in 2024; short-term debt: 42.1% and cash: 3.6% of total assets), and 80.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
19.8%
Return on assets
-5.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
on the day
2022
on the day
2021
5 d early
2020
2 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▼ 20.8%
2024 · €96k
2019: €54k
2020: €71k
2021: €90k
2022: €90k
2023: €89k
2024: €96k
2019 → 2025
Total assets
€383k▲ 23.8%
2024 · €309k
2019: €252k
2020: €327k
2021: €256k
2022: €371k
2023: €288k
2024: €309k
2019 → 2025
Net result
€-20k
2024 · €7k
2019: €10k
2020: €16k
2021: €20k
2022: €-605
2023: €-817
2024: €7k
2019 → 2025
Working capital
€-81k▼ 1,055%
2024 · €-7k
2019: €16k
2020: €-56k
2021: €-32k
2022: €-50k
2023: €-25k
2024: €-7k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€90k-€90k▼ 0.7%€89k▼ 0.9%€96k▲ 8.0%€76k▼ 20.8%
Operating result€28k-€3k▼ 90.1%€3k▲ 9.0%€11k▲ 266%€-15k
Net result€20k-€-605€-817▼ 35.0%€7k€-20k
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 2025: a loss of €15k after €11k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €383k
Fixed assets
€303k▲ 84.3%
Current assets
€81k▼ 44.4%
Equity and liabilities €383k
Equity
€76k▼ 20.8%
Debt
€307k▲ 43.9%
The debt ratio rises from 69.0% to 80.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€45k▼
2024 · €72k
Cash flow
€40k▼
2024 · €68k
Solvency
19.8%▼
2024 · 31.0%
Current ratio
0.50▼
2024 · 0.95
Quick ratio
0.31▼
2024 · 0.80
Debt / equity
4.04▲
2024 · 2.23
ROE
-26.2%▼
2024 · 7.4%
ROA
-5.2%▼
2024 · 2.3%
Interest coverage
9.60▼
2024 · 28.97
Debt
€307k▲
2024 · €214k
Debt ≤ 1 year
€161k▲
2024 · €152k
Debt > 1 year
€146k▲
2024 · €61k
Income taxes
€240▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€309k€383k▲
Fixed assets21/28€164k€303k▲
Tangible fixed assets22/27€162k€300k▲
Land and buildings22-€172k
Plant, machinery and equipment23€18k€28k▲
Furniture and vehicles24€439€53▼
Leasing and similar rights25€138k€96k▼
Other tangible fixed assets26€5k€5k▼
Financial fixed assets28€2k€2k=
Current assets29/58€145k€81k▼
Stocks and contracts in progress3€23k€31k▲
Stocks30/36€23k€31k▲
Amounts receivable within one year40/41€88k€31k▼
Trade receivables40€87k€28k▼
Other amounts receivable41€1k€3k▲
Cash at bank and in hand54/58€16k€14k▼
Deferred charges and accrued income490/1€18k€4k▼
Equity and liabilities
Total equity and liabilities10/49€309k€383k▲
Equity10/15€96k€76k▼
Contributions10/11€6k€6k=
Reserves13€90k€70k▼
Tax-exempt reserves132€19k€19k=
Distributable reserves133€71k€51k▼
Amounts payable17/49€214k€307k▲
Amounts payable after more than one year17€61k€146k▲
Financial debts170/4€61k€146k▲
Amounts payable within one year42/48€152k€161k▲
Current portion of amounts payable after more than one year42€46k€57k▲
Trade debts44€40k€30k▼
Suppliers440/4€40k€30k▼
Taxes, remuneration and social security45€6k€216▼
Taxes450/3€1k€216▼
Remuneration and social security454/9€5k€0▼
Other amounts payable47/48€60k€73k▲
Income statement
Code20242025
Non-recurring operating income76A€691€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€60k▼
Other operating charges640/8€88€412▲
Gross operating margin9900€72k€45k▼
Operating profit (loss)9901€11k€-15k▼
Financial income75/76B€76€148▲
Recurring financial income75€76€148▲
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€9k€-20k▼
Income taxes67/77€2k€240▼
Profit (loss) for the period9904€7k€-20k▼
Profit (loss) for the period to be appropriated9905€7k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-20k▼
Transfer from equity791/2€0€20k▲
Transfer to equity691/2€7k€0▼
To other reserves6921€7k€0▼
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
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-20k ▼380%
Net result drops to €-20k, the lowest in the series.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €20k ▲21%
Operating result €28k, net result €20k, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
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
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, Veurne · 1 establishment unit since 2008
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.
Pervijzestraat 48630 VeurneGround area
2,125 m²
Building footprint
171 m²
Volume, LiDAR
964 m³
Parcel 38005A0213/00F000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KD INDUSTRIES
since 20082.173.676.364
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38005A0213/00F000 | Flanders | 2,125 m² | 1 · 171 m² | 8.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVeurne2.173.676.364
Similar companies · same sector, comparable size
TRIBEST
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TER GAST
BE 0896.554.568
Comines-Warneton · Eq €76k
ATELIER BAUDELET
BE 0433.996.905
Ath · Eq €77k
VELGHE Frères
BE 0860.846.789
Péruwelz · Eq €75k
Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 1,045 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2008
Fiscal year end30-06
Activities, NACEBEL
01610Support activities for crop production
01500Mixed farming
46110Wholesale trade
70200Business and other management consultancy
70220Business consulting
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.