Kdesign
ActiveSummary
Kdesign has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €107,753 and a net result of €35,080. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+14
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 4.2 against 6.74 in 2023; short-term debt: 21.7% and cash: 67.5% of total assets), and 21.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 30-06-2025, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
34 d early
2021
37 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 33 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
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
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€107,753▲ 5.2%
2023 · €102,465
Total assets
€137,675▲ 16.5%
2023 · €118,138
Net result
€35,080▲ 121%
2023 · €15,865
Working capital
€95,770▲ 6.5%
2023 · €89,952
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail 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
Line20202021202220232024
Operating result€16,767▼ 50.9%€19,485▲ 16.2%€16,021▼ 17.8%€24,617▲ 53.7%€49,669▲ 102%
Net result€11,141within the sector's middle half▼ 49.2%€12,739within the sector's middle half▲ 14.3%€10,785within the sector's middle half▼ 15.3%€15,865within the sector's middle half▲ 47.1%€35,080above the sector's middle half▲ 121%
Equity€65,508within the sector's middle half▼ 3.0%€77,447within the sector's middle half▲ 18.2%€87,432within the sector's middle half▲ 12.9%€102,465within the sector's middle half▲ 17.2%€107,753within the sector's middle half▲ 5.2%
Total assets€76,026within the sector's middle half▼ 8.6%€84,496within the sector's middle half▲ 11.1%€98,161within the sector's middle half▲ 16.2%€118,138within the sector's middle half▲ 20.4%€137,675within the sector's middle half▲ 16.5%
Debt€10,518▼ 32.5%€7,049▼ 33.0%€10,729▲ 52.2%€15,674▲ 46.1%€29,922▲ 90.9%
Working capital€56,791within the sector's middle half▼ 8.1%€71,674within the sector's middle half▲ 26.2%€72,806within the sector's middle half▲ 1.6%€89,952above the sector's middle half▲ 23.6%€95,770above the sector's middle half▲ 6.5%
Solvency86.2%above the sector's middle half▲ 4.9pp91.7%above the sector's middle half▲ 5.5pp89.1%above the sector's middle half▼ 2.6pp86.7%above the sector's middle half▼ 2.3pp78.3%above the sector's middle half▼ 8.5pp
Current ratio6.40above the sector's middle half▲ 1.4411.67above the sector's middle half▲ 5.277.79above the sector's middle half▼ 3.886.74above the sector's middle half▼ 1.054.20above the sector's middle half▼ 2.54
Return on assets (ROA)14.7%above the sector's middle half▼ 11.7pp15.1%above the sector's middle half▲ 0.4pp11.0%within the sector's middle half▼ 4.1pp13.4%above the sector's middle half▲ 2.4pp25.5%above the sector's middle half▲ 12.1pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 102% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €137,675
Fixed assets
€11,984 ▼ 4.2%
Current assets
€125,692 ▲ 19.0%
Equity and liabilities €137,675
Equity
€107,753 ▲ 5.2%
Debt
€29,922 ▲ 90.9%
Debt's share of the balance-sheet total rises from 13.3% to 21.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€52,498▲
2023 · €28,709
Cash flow
€37,909▲
2023 · €19,958
Quick ratio
4.00▼
2023 · 6.14
Debt to equity
0.28▲
2023 · 0.15
ROE
32.6%▲
2023 · 15.5%
Interest coverage
69.90▲
2023 · 43.23
Debt ≤ 1 year
€29,922▲
2023 · €15,674
Income taxes
€13,996▲
2023 · €8,087
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,975 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,080 | €2,614 | €2,717 | €4,092 | €2,829 | ▼ 30.9% |
| Other operating charges640/8 | - | €191 | €192 | €668 | €118 | ▼ 82.3% |
| Gross operating margin9900 | €18,947 | €22,290 | €18,930 | €29,378 | €52,616 | ▲ 79.1% |
| Operating profit (loss)9901 | €16,767 | €19,485 | €16,021 | €24,617 | €49,669 | ▲ 102% |
| Financial income75/76B | - | €1 | - | - | €158 | - |
| Recurring financial income75 | - | €1 | - | - | €158 | - |
| Financial charges65/66B | - | €339 | €607 | €664 | €751 | ▲ 13.1% |
| Recurring financial charges65 | €90 | €339 | €607 | €664 | €751 | ▲ 13.1% |
| Profit (loss) for the period before taxes9903 | €16,677 | €19,147 | €15,414 | €23,953 | €49,076 | ▲ 105% |
| Income taxes67/77 | €5,536 | €6,408 | €4,629 | €8,087 | €13,996 | ▲ 73.1% |
| Profit (loss) for the period9904 | €11,141 | €12,739 | €10,785 | €15,865 | €35,080 | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | €11,141 | €12,739 | €10,785 | €15,865 | €35,080 | ▲ 121% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €76,026 | €84,496 | €98,161 | €118,138 | €137,675 | ▲ 16.5% |
| Fixed assets21/28 | €8,717 | €6,103 | €14,626 | €12,513 | €11,984 | ▼ 4.2% |
| Intangible fixed assets21 | €6,696 | €4,936 | €3,176 | €1,416 | €616 | ▼ 56.5% |
| Tangible fixed assets22/27 | €2,021 | €1,167 | €11,450 | €11,096 | €11,367 | ▲ 2.4% |
| Plant, machinery and equipment23 | - | €871 | €1,721 | €2,468 | €1,454 | ▼ 41.1% |
| Furniture and vehicles24 | - | €295 | €9,729 | €8,628 | €9,913 | ▲ 14.9% |
| Current assets29/58 | €67,309 | €78,393 | €83,535 | €105,626 | €125,692 | ▲ 19.0% |
| Stocks and contracts in progress3 | €8,406 | €4,795 | - | €9,339 | €6,013 | ▼ 35.6% |
| Stocks30/36 | - | €4,795 | - | €9,339 | €6,013 | ▼ 35.6% |
| Amounts receivable within one year40/41 | €1,439 | €2,555 | €3,050 | €5,215 | €26,815 | ▲ 414% |
| Trade receivables40 | - | €2,553 | €1,679 | €5,213 | €20,751 | ▲ 298% |
| Other amounts receivable41 | - | €2 | €1,372 | €2 | €6,065 | ▲ 275,561% |
| Cash at bank and in hand54/58 | €57,465 | €71,042 | €80,485 | €90,797 | €92,863 | ▲ 2.3% |
| Deferred charges and accrued income490/1 | - | - | - | €275 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €76,026 | €84,496 | €98,161 | €118,138 | €137,675 | ▲ 16.5% |
| Equity10/15 | €65,508 | €77,447 | €87,432 | €102,465 | €107,753 | ▲ 5.2% |
| Reserves13 | €65,508 | €77,447 | €87,432 | €102,465 | €107,753 | ▲ 5.2% |
| Tax-exempt reserves132 | - | €5,914 | €5,914 | €5,914 | €5,914 | = |
| Distributable reserves133 | - | €71,533 | €81,518 | €96,551 | €101,839 | ▲ 5.5% |
| Amounts payable17/49 | €10,518 | €7,049 | €10,729 | €15,674 | €29,922 | ▲ 90.9% |
| Amounts payable within one year42/48 | €10,518 | €6,719 | €10,729 | €15,674 | €29,922 | ▲ 90.9% |
| Trade debts44 | €791 | €1,840 | €920 | €2,184 | €6,203 | ▲ 184% |
| Suppliers440/4 | - | €1,840 | €920 | €2,184 | €6,203 | ▲ 184% |
| Taxes, remuneration and social security45 | - | €2,912 | €6,601 | €10,316 | €22,053 | ▲ 114% |
| Taxes450/3 | - | €2,912 | €5,101 | €8,816 | €22,053 | ▲ 150% |
| Remuneration and social security454/9 | - | - | €1,500 | €1,500 | - | - |
| Other amounts payable47/48 | - | €1,967 | €3,209 | €3,173 | €1,666 | ▼ 47.5% |
| Accrued charges and deferred income492/3 | - | €330 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,141 | €12,739 | €10,785 | €15,865 | €35,080 | ▲ 121% |
| + Depreciation and write-downs630 | €2,080 | €2,614 | €2,717 | €4,092 | €2,829 | ▼ 30.9% |
| Operating cash flow (approximation) | €13,221 | €15,353 | €13,502 | €19,958 | €37,909 | ▲ 89.9% |
| Investment in fixed assets (approximation) | - | €0 | -€11,240 | -€1,978 | -€2,300 | ▼ 16.3% |
| Change in cash | - | €13,578 | €9,442 | €10,312 | €2,067 | ▼ 80.0% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €35,080 ▲121%
Operating result €49,669, net result €35,080, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €102,465 ▲17.2%
6 profitable years in a row build equity to €102,465.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €10,785 ▼15.3%
Net result drops to €10,785, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 acts for this company are 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, Beerse · 1 establishment unit since 2017
Ground area
449 m²
Building footprint
130 m²
Volume, LiDAR
478 m³
Parcel 13004B0228/00H000, Flanders · tallest building 16.8 m. Linked by address, not a title deed.
1 establishment unit
Kdesign
since 20172.262.232.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004B0228/00H000 | Flanders | 449 m² | 1 · 130 m² | 16.8 m |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeerse2.262.232.911
Similar companies · same sector, comparable size
SWEYNBEER
BE 0783.767.027
Zemst · Eq €108,913
WIJNHANDEL DE SMEDT
BE 0865.828.433
Kampenhout · Eq €109,023
MAISON DEMIAUTTE
BE 0751.948.453
Charleroi · Eq €109,434
LEYMARIE
BE 0439.603.208
Eghezée · Eq €103,560
RW Books&Drinks
BE 0775.709.889
Heist-op-den-Berg · Eq €103,292
Of 1,509 companies in sector 47252 we hold annual accounts for 651. 498 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
Founded10-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47252Retail sale of beverages, general range
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0672574640
Also
9925:BE0672574640
Registered
03-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.