KD-SERVICES
ActiveSummary
KD-SERVICES has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €767,603 and a net result of €202,962. Equity is growing by ~55.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 5046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-13
Solvency50▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.64 in 2024; short-term debt: 35.3% and cash: 17.7% of total assets), but 75% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25%
Return on assets
6.6%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-02-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
18 d late
2024
20 d late
2023
on the day
2022
on the day
2021
23 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 18 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, full schema
In the rankings
#3 company by total assets in Philippeville, Wholesale and retail trade sector#7 company by equity in Philippeville, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€202,962▼ 21.9%
2024 · €260,029
Working capital
€572,899▲ 3.0%
2024 · €556,137
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€28,935-€178,645▲ 517%€98,217▼ 45.0%€331,590▲ 238%€282,017▼ 14.9%
Net result€31,988within the sector's middle half-€138,711within the sector's middle half▲ 334%€73,912within the sector's middle half▼ 46.7%€260,029within the sector's middle half▲ 252%€202,962within the sector's middle half▼ 21.9%
Equity€91,988below the sector's middle half-€230,699below the sector's middle half▲ 151%€304,612within the sector's middle half▲ 32.0%€564,641within the sector's middle half▲ 85.4%€767,603within the sector's middle half▲ 35.9%
Total assets€848,603within the sector's middle half-€1.2mwithin the sector's middle half▲ 39.2%€1.4mwithin the sector's middle half▲ 21.3%€1.5mwithin the sector's middle half▲ 6.6%€3.1mwithin the sector's middle half▲ 101%
Debt€756,614-€950,241▲ 25.6%€1.1m▲ 18.7%€962,559▼ 14.7%€2.3m▲ 140%
Working capital€12,643below the sector's middle half-€356,842within the sector's middle half▲ 2,722%€442,111within the sector's middle half▲ 23.9%€556,137within the sector's middle half▲ 25.8%€572,899within the sector's middle half▲ 3.0%
Solvency10.8%below the sector's middle half-19.5%below the sector's middle half▲ 8.7pp21.3%within the sector's middle half▲ 1.7pp37.0%within the sector's middle half▲ 15.7pp25.0%within the sector's middle half▼ 12.0pp
Current ratio1.02below the sector's middle half-1.47within the sector's middle half▲ 0.451.45within the sector's middle half▼ 0.021.64within the sector's middle half▲ 0.191.53within the sector's middle half▼ 0.11
Return on assets (ROA)3.8%within the sector's middle half-11.7%above the sector's middle half▲ 8.0pp5.2%within the sector's middle half▼ 6.6pp17.0%above the sector's middle half▲ 11.9pp6.6%within the sector's middle half▼ 10.4pp
Staff (FTE)3below the sector's middle half2.8below the sector's middle half▼ 6.7%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€1.4m ▲ 1,376%
Current assets
€1.7m ▲ 15.8%
Equity and liabilities €3.1m
Equity
€767,603 ▲ 35.9%
Debt
€2.3m ▲ 140%
Debt's share of the balance-sheet total rises from 63.0% to 75.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€311,431▼
2024 · €354,269
Cash flow
€232,375▼
2024 · €282,708
Quick ratio
0.80▲
2024 · 0.73
Debt to equity
3.00▲
2024 · 1.70
ROE
26.4%▼
2024 · 46.1%
Interest coverage
22.16▼
2024 · 137.74
Debt ≤ 1 year
€1.1m▲
2024 · €875,059
Debt > 1 year
€1.2m▲
2024 · €87,500
Income taxes
€73,365▼
2024 · €75,866
Staff costs
€186,717▲
2024 · €103,508
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,706 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €45,717 | €58,046 | €103,508 | €186,717 | ▲ 80.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,596 | €17,988 | - | €22,679 | €29,413 | ▲ 29.7% |
| Other operating charges640/8 | - | €1,233 | €834 | €1,472 | €50,239 | ▲ 3,314% |
| Gross operating margin9900 | €70,962 | €243,582 | €157,097 | €459,249 | €548,386 | ▲ 19.4% |
| Operating profit (loss)9901 | €28,935 | €178,645 | €98,217 | €331,590 | €282,017 | ▼ 14.9% |
| Financial income75/76B | - | €4,632 | €5,235 | €6,878 | €8,363 | ▲ 21.6% |
| Recurring financial income75 | €6,507 | €4,632 | €5,235 | €6,878 | €8,363 | ▲ 21.6% |
| Financial charges65/66B | - | €1,578 | €6,016 | €2,572 | €14,053 | ▲ 446% |
| Recurring financial charges65 | €287 | €1,578 | €6,016 | €2,572 | €14,053 | ▲ 446% |
| Profit (loss) for the period before taxes9903 | €35,156 | €181,699 | €97,436 | €335,895 | €276,327 | ▼ 17.7% |
| Income taxes67/77 | €3,168 | €42,988 | €23,523 | €75,866 | €73,365 | ▼ 3.3% |
| Profit (loss) for the period9904 | €31,988 | €138,711 | €73,912 | €260,029 | €202,962 | ▼ 21.9% |
| Profit (loss) for the period to be appropriated9905 | €31,988 | €138,711 | €73,912 | €260,029 | €202,962 | ▼ 21.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €848,603 | €1.2m | €1.4m | €1.5m | €3.1m | ▲ 101% |
| Fixed assets21/28 | €79,345 | €61,357 | - | €96,004 | €1.4m | ▲ 1,376% |
| Tangible fixed assets22/27 | €79,345 | €61,357 | - | €96,004 | €436,591 | ▲ 355% |
| Land and buildings22 | - | - | - | - | €364,323 | - |
| Plant, machinery and equipment23 | - | €61,357 | - | €96,004 | €72,268 | ▼ 24.7% |
| Financial fixed assets28 | - | - | - | - | €980,000 | - |
| Current assets29/58 | €769,257 | €1.1m | €1.4m | €1.4m | €1.7m | ▲ 15.8% |
| Stocks and contracts in progress3 | €588,763 | €594,015 | €900,557 | €795,851 | €793,205 | ▼ 0.3% |
| Stocks30/36 | - | €594,015 | €900,557 | €795,851 | €793,205 | ▼ 0.3% |
| Amounts receivable within one year40/41 | €100,785 | €50,309 | €159,062 | €320,832 | €320,436 | ▼ 0.1% |
| Trade receivables40 | - | €47,018 | €159,062 | €320,832 | €308,552 | ▼ 3.8% |
| Other amounts receivable41 | - | €3,291 | - | - | €11,884 | - |
| Cash at bank and in hand54/58 | €79,709 | €475,259 | €373,353 | €314,513 | €543,927 | ▲ 72.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €848,603 | €1.2m | €1.4m | €1.5m | €3.1m | ▲ 101% |
| Equity10/15 | €91,988 | €230,699 | €304,612 | €564,641 | €767,603 | ▲ 35.9% |
| Contributions10/11 | - | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Profit (loss) carried forward14 | €31,988 | €170,699 | €244,612 | €504,641 | €707,603 | ▲ 40.2% |
| Amounts payable17/49 | €756,614 | €950,241 | €1.1m | €962,559 | €2.3m | ▲ 140% |
| Amounts payable after more than one year17 | - | €187,500 | €137,500 | €87,500 | €1.2m | ▲ 1,296% |
| Financial debts170/4 | - | €187,500 | €137,500 | €87,500 | €1.2m | ▲ 1,296% |
| Amounts payable within one year42/48 | €756,614 | €762,741 | €990,861 | €875,059 | €1.1m | ▲ 24.0% |
| Current portion of amounts payable after more than one year42 | - | €50,000 | €50,000 | €50,000 | €189,166 | ▲ 278% |
| Trade debts44 | €177,523 | €155,651 | €427,680 | €265,995 | €439,967 | ▲ 65.4% |
| Suppliers440/4 | - | €155,651 | €427,680 | €265,995 | €439,967 | ▲ 65.4% |
| Advances received on contracts in progress46 | - | - | €1,000 | €1,847 | - | - |
| Taxes, remuneration and social security45 | - | €46,666 | €35,790 | €142,859 | €83,179 | ▼ 41.8% |
| Taxes450/3 | - | €43,201 | €26,611 | €125,428 | €55,193 | ▼ 56.0% |
| Remuneration and social security454/9 | - | €3,466 | €9,179 | €17,431 | €27,986 | ▲ 60.6% |
| Other amounts payable47/48 | - | €510,423 | €476,390 | €414,357 | €372,357 | ▼ 10.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €54 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,988 | €138,711 | €73,912 | €260,029 | €202,962 | ▼ 21.9% |
| + Depreciation and write-downs630 | €10,596 | €17,988 | - | €22,679 | €29,413 | ▲ 29.7% |
| Operating cash flow (approximation) | €42,584 | €156,699 | €73,912 | €282,708 | €232,375 | ▼ 17.8% |
| Investment in fixed assets (approximation) | - | €0 | - | - | -€1.4m | - |
| Change in cash | - | €395,550 | -€101,906 | -€58,840 | €229,415 | ▲ 490% |
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
Next filing, fiscal year 2026, expected by
2026
18-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 18 days late
2025
20-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
30-06
Financial
Highest result since 2021net €260,029 ▲252%
Operating result €331,590, net result €260,029, both a record.
30-06
Financial
Equity above €500,000Eq €564,641 ▲85.4%
4 profitable years in a row build equity to €564,641.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Equity above €200,000Eq €230,699 ▲151%
2 profitable years in a row build equity to €230,699.
23-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
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, Philippeville · 1 establishment unit since 2020
Ground area
982 m²
Building footprint
74 m²
Parcel 93056B0394/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
KD-SERVICES
since 20202.303.539.073
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93056B0394/00E000 | Wallonia | 982 m² | 1 · 74 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 30-06-2025 of KD-SERVICES and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 805 companies in sector 46610 we hold annual accounts for 566. 466 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
Founded12-06-2020
Fiscal year end30-06
Activities, NACEBEL 2025
46610Wholesale trade
33120Repair and maintenance of machinery
46712Wholesale trade
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
46140Agents in the wholesale of industrial machinery, ships and aircraft
46180Agents specialised in the wholesale of other particular products
Contact
Website
www.kdssrl.be
E-mail
info@kdssrl.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748515940
Also
9925:BE0748515940
Registered
15-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.