KDB

Active

Private limited companyfounded 201511 yrs activeBernard De Vadderlaan 60, 2950 Kapellen, BelgiumKBO/BCE: BE 0630.820.494

The computed 12-month bankruptcy probability of KDB is 1.9% (moderate). The 2025 annual accounts show equity of €92k and a net result of €24k. Equity is growing by ~40.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 31459 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

93 / 100

Excellent= vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency100▲+10

Growth78=

Stability100

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days acceptable

Liquidity ample (current ratio 4.44 against 1.62 in 2024), and 16.4% of the assets are financed with debt.

How do we compute the score and the probability?

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

83.6%

Return on assets

21.8%

Age of the figures

8 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filings

Deviation from the deadline

2025

30 d late

2024

20 d late

2023

54 d late

2022

7 d late

2021

8 d late

2020

23 d early

2019

31 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

11-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€92k▲ 35.2%

2024 · €68k

2018: €-115k 2019: €-99k 2020: €-85k 2021: €-40k 2022: €-24k 2023: €38k 2024: €68k

2018 → 2025

Total assets

€111k▼ 3.8%

2024 · €115k

2018: €94k 2019: €90k 2020: €80k 2021: €91k 2022: €98k 2023: €148k 2024: €115k

2018 → 2025

Net result

€24k▼ 19.7%

2024 · €30k

2018: €-19k 2019: €16k 2020: €14k 2021: €45k 2022: €17k 2023: €62k 2024: €30k

2018 → 2025

Working capital

€62k▲ 114%

2024 · €29k

2018: €-190k 2019: €-162k 2020: €-139k 2021: €-86k 2022: €-55k 2023: €-22k 2024: €29k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-40k-€-24k▲ 41.8%€38k€68k▲ 78.2%€92k▲ 35.2%

Operating result€46k-€18k▼ 61.6%€66k▲ 270%€41k▼ 38.5%€33k▼ 19.6%

Net result€45k-€17k▼ 62.2%€62k▲ 267%€30k▼ 51.6%€24k▼ 19.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2025 is 20% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €111k

27.2%

72.8%

Fixed assets €30k▼ 23.4%

Current assets €80k▲ 6.4%

Equity and liabilities €111k

83.6%

16.4%

Equity €92k▲ 35.2%

Debt €18k▼ 61.1%

The debt ratio falls from 40.5% to 16.4%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€46k▼

2024 · €61k

Cash flow

€37k▼

2024 · €50k

Solvency

83.6%▲

2024 · 59.5%

Current ratio

4.44▲

2024 · 1.62

Quick ratio

4.36▲

2024 · 1.60

Debt / equity

0.20▼

2024 · 0.68

ROE

26.1%▼

2024 · 43.9%

ROA

21.8%▼

2024 · 26.1%

Interest coverage

85.07▼

2024 · 348.85

Debt

€18k▼

2024 · €47k

Debt ≤ 1 year

€18k▼

2024 · €47k

Income taxes

€9k▼

2024 · €10k

Staff costs

€54k▲

2024 · €13k

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€115k€111k▼

Fixed assets21/28€39k€30k▼

Tangible fixed assets22/27€38k€29k▼

Plant, machinery and equipment23€828€413▼

Furniture and vehicles24€33k€28k▼

Other tangible fixed assets26€5k€622▼

Financial fixed assets28€1k€1k=

Current assets29/58€76k€80k▲

Stocks and contracts in progress3€925€1k▲

Stocks30/36€925€1k▲

Amounts receivable within one year40/41€7k€26k▲

Trade receivables40-€147

Other amounts receivable41€7k€26k▲

Cash at bank and in hand54/58€66k€51k▼

Deferred charges and accrued income490/1€2k€3k▲

Equity and liabilities

Total equity and liabilities10/49€115k€111k▼

Equity10/15€68k€92k▲

Contributions10/11€19k€19k=

Reserves13€50k€74k▲

Distributable reserves133€50k€74k▲

Amounts payable17/49€47k€18k▼

Amounts payable within one year42/48€47k€18k▼

Trade debts44€7k€7k▼

Suppliers440/4€7k€7k▼

Taxes, remuneration and social security45€9k€11k▲

Taxes450/3€5k€124▼

Remuneration and social security454/9€4k€11k▲

Other amounts payable47/48€30k-

Income statement Code20242025

Remuneration, social security and pensions62€13k€54k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€13k▼

Other operating charges640/8€2k€5k▲

Gross operating margin9900€76k€105k▲

Operating profit (loss)9901€41k€33k▼

Financial income75/76B€10€482▲

Recurring financial income75€10€482▲

Financial charges65/66B€174€541▲

Recurring financial charges65€174€541▲

Profit (loss) for the period before taxes9903€40k€33k▼

Income taxes67/77€10k€9k▼

Profit (loss) for the period9904€30k€24k▼

Profit (loss) for the period to be appropriated9905€30k€24k▼

Appropriation of the result

Profit (loss) to be appropriated9906€30k€24k▼

Transfer to equity691/2€30k€24k▼

To other reserves6921€30k€24k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 30 days late

2025

31-12

Financial Liquidity triplescurrent ratio 4.44

Current ratio from 1.62 to 4.44; short-term debt falls from €47k to €18k.

20-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 20 days late

2024

31-12

Financial Liquidity doublescurrent ratio 1.62

Current ratio from 0.80 to 1.62; short-term debt falls from €110k to €47k.

23-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 54 days late

2023

31-12

Financial Highest result since 2018net €62k ▲267%

Operating result €66k, net result €62k, both a record.

07-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 7 days late

2022

08-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 8 days late

2021

08-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

30-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Back to profitnet €16k

Net result €16k after one loss-making year.

26-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 26 days late

2018

17-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 17 days late

2017

23-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 23 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 4 acts read

About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

under verification, last change in 2025

This board is reconstructed from a single act (25314509). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

DE BUCK Tine

Director · since 18-02-2023

Current

AUGUSTUS Ann Francine

Director · since 01-01-2020

Current

DE BUCK Koenraad Elisa Charles

Director · since 01-01-2020

Current

26-02-2025 DE BUCK Tine: Appointed as Director

18-02-2023 DE BUCK Tine: Appointed as Director

01-01-2020 AUGUSTUS Ann Francine: Appointed as Director

01-01-2020 DE BUCK Koenraad Elisa Charles: Appointed as Director

Not every act has been read: a resignation may be missing here

4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Kapellen · 2 establishment units since 2015

exact location from the address register On OpenStreetMap

Ground area

2,529 m²

Building footprint

1,343 m²

Volume, LiDAR

22,007 m³

2 parcels, Flanders · tallest building 22.0 m, ±6 floors. Linked by address, not a title deed.

2 establishment units

KDB