Checked.be
Active
BE 0597.784.175Public limited company
KDC INVEST
Binnenhof 2 ·8300 Knokke-Heist, Belgium· 11 yrs active
Conclusion
KDC INVEST has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.14M and a net result of €-125k. Equity remains stable across the filed fiscal years (±2.3% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €5.14M |
| Net result | €-125k |
| Active | 11 yrs |
| Locations | 1 |
Financial profile
57
/ 100
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
52
Profitability
0
Solvency
100
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2015, 11 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
52
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€270k
estimate, not credit advice
Score history
68
2023
52
2024
52
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 13.65 (≥ 1.5)
+10
Quick ratio
Quick ratio 13.65 (≥ 1.0)
+5
Leverage
Debt/equity 0.11 (< 1.0)
+10
Profitability
Negatieve ROE -2%
-10
Interest coverage
Interest coverage 0.9× (< 1.5×)
-10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-01-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 3 fiscal years (±2.3%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€18k
-34.1%
23-25
€-125k
-7.7%
23-25
€-2k
-
23-25
€5.68M
-2.2%
23-25
€5.14M
-2.4%
23-25
€97k
-17.2%
23-25
0
-
23-25
€542k
-0.8%
23-25
€8k
-59.3%
23-25
€501k
+0.3%
23-25
13.65
+89.3%
23-25
13.65
+89.3%
23-25
90.5%
-0.1%
23-25
0.11
+1.6%
23-25
-2.4%
-10.3%
23-25
-2.2%
-10.1%
23-25
0.91
-34.2%
23-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | -34.1% | -15.6% | - |
| Net profit | -7.7% | -72.1% | - |
| Cash flow | - | -87.6% | - |
| Staff costs | - | - | - |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | -2.2% | -1.9% | - |
| Equity | -2.4% | -2.2% | - |
| Debt | -0.8% | +1.0% | - |
| of which ≤ 1y | -59.3% | +3.2% | - |
| of which > 1y | +0.3% | 0.0% | - |
| Working capital | -17.2% | +12.6% | - |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 13.65 | 7.21 | 6.69 |
| Quick ratio | 13.65 | 7.21 | 6.69 |
| Working capital ratio | 1.7% | 2.0% | 1.8% |
| Solvency | 90.5% | 90.6% | 90.9% |
| Debt / equity | 0.11 | 0.10 | 0.10 |
| Long-term debt ratio | 0.10 | 0.09 | 0.09 |
| Interest coverage | 0.91 | 1.39 | 1.64 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -2.2% | -2.0% | -1.1% |
| ROE | -2.4% | -2.2% | -1.3% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €5.68M | €5.81M | €5.92M |
| Fixed assets | 21/28 | €5.58M | €5.67M | €5.80M |
| Tangible fixed assets | 22/27 | €5.54M | €5.67M | €5.79M |
| Financial fixed assets | 28 | €32k | €8k | €9k |
| Current assets | 29/58 | €105k | €136k | €123k |
| Amounts receivable within one year | 40/41 | €29k | €37k | €34k |
| Cash & bank | 54/58 | €74k | €98k | €88k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.68M | €5.81M | €5.92M |
| Equity | 10/15 | €5.14M | €5.26M | €5.38M |
| Contributions / capital | 10/11 | €5.33M | €5.33M | €5.33M |
| Reserves | 13 | €58k | €58k | €58k |
| Accumulated profits (losses) | 14 | €-246k | €-121k | €-5k |
| Amounts payable | 17/49 | €542k | €546k | €541k |
| Amounts payable after one year | 17 | €501k | €500k | €500k |
| Amounts payable within one year | 42/48 | €8k | €19k | €18k |
| Trade debts payable within one year | 44 | €8k | €8k | €7k |
| Income statement | ||||
| Gross operating margin | 9900 | €27k | €37k | €38k |
| Operating result | 9901 | €-104k | €-95k | €-90k |
| Financial income | 75 | €288 | €297 | €40k |
| Financial charges | 65 | €20k | €20k | €20k |
| Result before taxes | 9903 | €-125k | €-116k | €-67k |
| Net result for the period | 9904 | €-125k | €-116k | €-67k |
| Result to be appropriated | 9905 | €-125k | €-116k | €-67k |
Legal Structure
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 09-02-2015 |
| Status | Active |
| Postal code | 8300 |
Establishment units
KDC Invest
since 20152.239.431.971
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332F0231/00B000 | Flanders | 400 m² | 1 · 110 m² | 10.4 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-125k
Net result drops to €-125k, the lowest in the series.
2024
06-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
03-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
20-12
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.
Belgian State Gazette reading coverage
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Names & trade names
| Legal nameNL | KDC INVEST |