KDC GROUP
ActiveSummary
KDC GROUP has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €390k and a net result of €-37k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 44% of 8095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability15▼-62
Solvency73▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity short (current ratio 0.81 against 1.03 in 2023; short-term debt: 21.1% and cash: 6.1% of total assets), and 52.5% of the assets are financed with debt.
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Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
47.5%
Return on assets
-4.5%
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 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
30 d early
2022
38 d early
2021
38 d early
2020
39 d early
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, abbreviated schema
Equity
€390k▼ 8.7%
2023 · €427k
Total assets
€821k▼ 10.0%
2023 · €912k
Net result
€-37k
2023 · €60k
Working capital
€-33k
2023 · €6k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€149k▲ 81.3%€53k▼ 64.6%€130k▲ 148%€88k▼ 32.2%€-28k
Net result€102k▲ 97.4%€28k▼ 72.5%€85k▲ 204%€60k▼ 29.2%€-37k
Equity€253k▲ 67.1%€282k▲ 11.1%€367k▲ 30.3%€427k▲ 16.5%€390k▼ 8.7%
Total assets€844k▲ 1.5%€861k▲ 2.0%€898k▲ 4.3%€912k▲ 1.7%€821k▼ 10.0%
Debt€591k▼ 13.1%€579k▼ 2.0%€531k▼ 8.4%€485k▼ 8.6%€431k▼ 11.2%
Working capital€-48k▲ 48.0%€-67k▼ 38.1%€-17k▲ 74.8%€6k€-33k
Staff (FTE)2.3=2.4▲ 4.3%2.2▼ 8.3%2.1▼ 4.5%2.7▲ 28.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €28k after €88k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €821k
Fixed assets
€680k ▼ 3.6%
Current assets
€141k ▼ 31.9%
Equity and liabilities €821k
Equity
€390k ▼ 8.7%
Debt
€431k ▼ 11.2%
Debt's share of the balance-sheet total falls from 53.2% to 52.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▼
2023 · €114k
Cash flow
€-7k▼
2023 · €86k
Current ratio
0.81▼
2023 · 1.03
Debt to equity
1.11▼
2023 · 1.14
ROE
-9.6%▼
2023 · 14.1%
ROA
-4.5%▼
2023 · 6.6%
Interest coverage
0.18▼
2023 · 9.55
Debt ≤ 1 year
€173k▼
2023 · €200k
Debt > 1 year
€257k▼
2023 · €285k
Income taxes
€381▼
2023 · €17k
Staff costs
€140k▲
2023 · €121k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €120k | €121k | €121k | €140k | ▲ 16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €26k | €23k | €26k | €30k | ▲ 14.5% |
| Other operating charges640/8 | - | €129k | €82k | €170k | €55k | ▼ 67.9% |
| Non-recurring operating charges66A | - | €1k | - | - | - | - |
| Gross operating margin9900 | €349k | €328k | €356k | €405k | €197k | ▼ 51.5% |
| Operating profit (loss)9901 | €149k | €53k | €130k | €88k | €-28k | ▼ 132% |
| Financial income75/76B | - | €10 | €1 | €936 | €881 | ▼ 5.9% |
| Recurring financial income75 | €21 | €10 | €1 | €936 | €881 | ▼ 5.9% |
| Financial charges65/66B | - | €16k | €19k | €12k | €10k | ▼ 18.7% |
| Recurring financial charges65 | €17k | €16k | €19k | €12k | €10k | ▼ 18.7% |
| Profit (loss) for the period before taxes9903 | €131k | €36k | €111k | €77k | €-37k | ▼ 148% |
| Income taxes67/77 | €30k | €8k | €26k | €17k | €381 | ▼ 97.7% |
| Profit (loss) for the period9904 | €102k | €28k | €85k | €60k | €-37k | ▼ 162% |
| Profit (loss) for the period to be appropriated9905 | €102k | €28k | €85k | €60k | €-37k | ▼ 162% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €844k | €861k | €898k | €912k | €821k | ▼ 10.0% |
| Fixed assets21/28 | €761k | €741k | €722k | €706k | €680k | ▼ 3.6% |
| Intangible fixed assets21 | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €761k | €741k | €722k | €706k | €680k | ▼ 3.6% |
| Land and buildings22 | - | €733k | €712k | €692k | €670k | ▼ 3.2% |
| Plant, machinery and equipment23 | - | €3k | €4k | €5k | €4k | ▼ 1.6% |
| Furniture and vehicles24 | - | €5k | €6k | €9k | €6k | ▼ 34.1% |
| Financial fixed assets28 | €40 | €40 | €40 | €40 | €40 | = |
| Current assets29/58 | €83k | €120k | €176k | €207k | €141k | ▼ 31.9% |
| Amounts receivable within one year40/41 | €41k | €53k | €70k | €78k | €86k | ▲ 10.0% |
| Trade receivables40 | - | €42k | €70k | €75k | €66k | ▼ 12.8% |
| Other amounts receivable41 | - | €12k | - | €3k | €21k | ▲ 553% |
| Cash at bank and in hand54/58 | €37k | €63k | €104k | €117k | €50k | ▼ 57.4% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €11k | €5k | ▼ 57.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €844k | €861k | €898k | €912k | €821k | ▼ 10.0% |
| Equity10/15 | €253k | €282k | €367k | €427k | €390k | ▼ 8.7% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Outside capital11 | - | €6k | - | - | - | - |
| Other1109/19 | - | €6k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €245k | €273k | €359k | €419k | €382k | ▼ 8.9% |
| Amounts payable17/49 | €591k | €579k | €531k | €485k | €431k | ▼ 11.2% |
| Amounts payable after more than one year17 | €459k | €393k | €338k | €285k | €257k | ▼ 9.6% |
| Financial debts170/4 | - | €393k | €338k | €285k | €257k | ▼ 9.6% |
| Amounts payable within one year42/48 | €131k | €186k | €192k | €200k | €173k | ▼ 13.5% |
| Current portion of amounts payable after more than one year42 | - | €78k | €60k | €65k | €39k | ▼ 40.2% |
| Trade debts44 | €12k | €57k | €47k | €59k | €53k | ▼ 10.8% |
| Suppliers440/4 | - | €57k | €47k | €59k | €53k | ▼ 10.8% |
| Taxes, remuneration and social security45 | - | €23k | €47k | €39k | €37k | ▼ 4.9% |
| Taxes450/3 | - | €10k | €37k | €24k | €19k | ▼ 22.3% |
| Remuneration and social security454/9 | - | €13k | €10k | €15k | €18k | ▲ 23.8% |
| Other amounts payable47/48 | - | €29k | €39k | €37k | €44k | ▲ 20.8% |
| Accrued charges and deferred income492/3 | - | €129 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €102k | €28k | €85k | €60k | €-37k | ▼ 162% |
| + Depreciation and write-downs630 | €25k | €26k | €23k | €26k | €30k | ▲ 14.5% |
| Operating cash flow (approximation) | €127k | €54k | €109k | €86k | €-7k | ▼ 109% |
| Investment in fixed assets (approximation) | - | €-6k | €-4k | €-10k | €-4k | ▲ 59.0% |
| Change in cash | - | €26k | €41k | €13k | €-67k | ▼ 625% |
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
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €102k ▲97.4%
Operating result €149k, net result €102k, both a record.
31-12
Financial
Equity above €200kEq €253k ▲67.1%
3 profitable years in a row build equity to €253k.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Dilbeek · 1 establishment unit since 2007
Ground area
2,438 m²
Building footprint
377 m²
Volume, LiDAR
2,253 m³
Parcel 23070C0424/00D000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KDC CONSULTING / N-SQUARE CONSULTING / KDC WORX / SQUARE-UP
since 20072.161.206.817
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23070C0424/00D000 | Flanders | 2,438 m² | 1 · 377 m² | 9.8 m · 2 fl. |
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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 36,555 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
Founded15-03-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
70200Business and other management consultancy
43211General electrical installation work
69109Other legal services
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.