KDD GROUP
Open bankruptcyA bankruptcy procedure is open for KDD GROUP according to publications in the Belgian State Gazette; curator: TOON PROOST. The 2024 annual accounts show equity of €431k and a net result of €176k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 03-02-2025, 3 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
3 d late
2023
6 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€434k▼ 43.6%
2023 · €770k
2023: €770k
2023 → 2024
EBIT margin
53.3%▲ 13.2pp
2023 · 40.1%
2023: 40.1%
2023 → 2024
Net result
€176k▼ 27.9%
2023 · €245k
2023: €245k
2023 → 2024
Working capital
€431k▲ 3.0%
2023 · €418k
2023: €418k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€770k-€434k▼ 43.6%
Equity€255k-€431k▲ 69.3%
Operating result€309k-€231k▼ 25.1%
Net result€245k-€176k▼ 27.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 25% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €630k
Fixed assets
€621▼ 65.3%
Current assets
€629k▼ 20.3%
Equity and liabilities €630k
Equity
€431k▲ 69.3%
Debt
€199k▼ 63.0%
The debt ratio falls from 67.8% to 31.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€232k▼
2023 · €310k
Cash flow
€178k▼
2023 · €246k
Solvency
68.5%▲
2023 · 32.2%
Current ratio
3.17▲
2023 · 2.13
Quick ratio
3.17▲
2023 · 2.13
Debt / equity
0.46▼
2023 · 2.11
ROE
40.9%▼
2023 · 96.1%
ROA
28.0%▼
2023 · 30.9%
Interest coverage
921.14▼
2023 · 1998.61
Debt
€199k▼
2023 · €536k
Debt ≤ 1 year
€199k▼
2023 · €371k
Income taxes
€55k▼
2023 · €64k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€791k€630k▼
Fixed assets21/28€2k€621▼
Tangible fixed assets22/27€2k€621▼
Plant, machinery and equipment23€2k€621▼
Current assets29/58€789k€629k▼
Amounts receivable within one year40/41€786k€628k▼
Trade receivables40€302k€37k▼
Other amounts receivable41€484k€591k▲
Cash at bank and in hand54/58€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€791k€630k▼
Equity10/15€255k€431k▲
Contributions10/11€10k€10k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€225k€401k▲
Amounts payable17/49€536k€199k▼
Amounts payable within one year42/48€371k€199k▼
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€307k€68k▼
Suppliers440/4€5k€8k▲
Bills of exchange payable441€302k€60k▼
Taxes, remuneration and social security45€64k€129k▲
Taxes450/3€64k-
Remuneration and social security454/9-€129k
Accrued charges and deferred income492/3€165k-
Income statement
Code20232024
Turnover70€770k€434k▼
Goods, raw materials, services and sundry goods60/61€460k€202k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€56€40▼
Gross operating margin9900€310k€232k▼
Operating profit (loss)9901€309k€231k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€155€252▲
Recurring financial charges65€155€252▲
Profit (loss) for the period before taxes9903€308k€231k▼
Income taxes67/77€64k€55k▼
Profit (loss) for the period9904€245k€176k▼
Profit (loss) for the period to be appropriated9905€245k€176k▼
Appropriation of the result
Profit (loss) to be appropriated9906€245k€401k▲
Profit (loss) brought forward from the previous period14P-€225k
Transfer to equity691/2€20k-
To other reserves6921€20k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
16-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · KDD GROUP BV MEERS- STRAAT 162, 1742 SINT-KATHERINA-LOMBE · event 10-03-2026
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
SignalNBB filing
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, Ternat · 1 establishment unit since 2022
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.
Meersstraat 1621742 TernatGround area
168 m²
Building footprint
80 m²
Volume, LiDAR
361 m³
Parcel 23071B0017/00M000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KDD GROUP
since 20222.333.139.614
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071B0017/00M000 | Flanders | 168 m² | 1 · 80 m² | 7.6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TOON PROOST VICTOR NONNEMANSTRAAT 15 B,
1600 SINT-PIETERS-LEEUW |
10-03-2026 → present |
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 9,695 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-2022
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.