KDKE
ActiveSummary
The computed 12-month bankruptcy probability of KDKE is 2.1% (moderate). The 2025 annual accounts show negative equity (-€15,460) and a net result of €5,127. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 3757 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-21
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.78 in 2024; short-term debt: 134.1% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-77.4%
Return on assets
25.7%
Age of the figures
18 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 3757 sector peers (2025).
NBB · sector comparisonPosition among 3757 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
164 d late
2022
14 d late
2021
5 d early
2020
1 d early
2019
14 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€15,460▲ 24.9%
2024 · -€20,587
Total assets
€19,965▼ 28.0%
2024 · €27,742
Net result
€5,127▼ 57.1%
2024 · €11,949
Working capital
-€17,245▼ 123%
2024 · -€7,737
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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
Line20212022202320242025
Operating result€21,568▲ 318%-€2,831€4,794€15,530▲ 224%€6,913▼ 55.5%
Net result€18,511within the sector's middle half▲ 1,498%-€5,579within the sector's middle half€2,199within the sector's middle half€11,949within the sector's middle half▲ 443%€5,127within the sector's middle half▼ 57.1%
Equity-€29,156below the sector's middle half▲ 38.8%-€34,735below the sector's middle half▼ 19.1%-€32,536below the sector's middle half▲ 6.3%-€20,587below the sector's middle half▲ 36.7%-€15,460below the sector's middle half▲ 24.9%
Total assets€38,504below the sector's middle half▼ 15.1%€34,530below the sector's middle half▼ 10.3%€16,396below the sector's middle half▼ 52.5%€27,742below the sector's middle half▲ 69.2%€19,965below the sector's middle half▼ 28.0%
Debt€67,660▼ 27.3%€69,265▲ 2.4%€48,932▼ 29.4%€48,329▼ 1.2%€35,425▼ 26.7%
Working capital-€2,395▲ 90.1%-€11,822▼ 394%-€15,571▼ 31.7%-€7,737▲ 50.3%-€17,245▼ 123%
Solvency-75.7%below the sector's middle half▲ 29.4pp-100.6%below the sector's middle half▼ 24.9pp-198.4%below the sector's middle half▼ 97.8pp-74.2%below the sector's middle half▲ 124.2pp-77.4%below the sector's middle half▼ 3.2pp
Staff (FTE)0.5below the sector's middle half▼ 54.5%0.2below the sector's middle half▼ 60.0%0.2below the sector's middle half=0.4below the sector's middle half▲ 100%0.3below the sector's middle half▼ 25.0%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
Assets €19,965
Fixed assets
€10,437
Current assets
€9,528
Key figures and ratios
EBITDA
€7,803
Cash flow
€6,016
Current ratio
0.36▼
2024 · 0.78
Quick ratio
0.26▼
2024 · 0.72
Debt to equity
-2.29▲
2024 · -2.35
ROA
25.7%▼
2024 · 43.1%
Interest coverage
3.54
Debt ≤ 1 year
€26,774▼
2024 · €35,479
Debt > 1 year
€8,652▼
2024 · €12,850
Income taxes
-€397▼
2024 · €133
Staff costs
€5,953▼
2024 · €7,447
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,798 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8,301 | €11,091 | - | - | - |
| Remuneration, social security and pensions62 | - | €4,716 | €2,815 | €7,447 | €5,953 | ▼ 20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,690 | €7,729 | - | - | €890 | - |
| Other operating charges640/8 | - | €1,109 | €1,364 | €2,050 | €1,798 | ▼ 12.3% |
| Gross operating margin9900 | €44,549 | €10,723 | €8,973 | €25,027 | €15,553 | ▼ 37.9% |
| Operating profit (loss)9901 | €21,568 | -€2,831 | €4,794 | €15,530 | €6,913 | ▼ 55.5% |
| Financial income75/76B | - | - | - | €28 | €24 | ▼ 15.9% |
| Recurring financial income75 | - | - | - | €28 | €24 | ▼ 15.9% |
| Financial charges65/66B | - | €2,589 | €2,473 | €3,476 | €2,207 | ▼ 36.5% |
| Recurring financial charges65 | €3,027 | €2,589 | €2,473 | €3,476 | €2,207 | ▼ 36.5% |
| Profit (loss) for the period before taxes9903 | €18,541 | -€5,420 | €2,321 | €12,082 | €4,730 | ▼ 60.9% |
| Income taxes67/77 | €30 | €158 | €123 | €133 | -€397 | ▼ 398% |
| Profit (loss) for the period9904 | €18,511 | -€5,579 | €2,199 | €11,949 | €5,127 | ▼ 57.1% |
| Profit (loss) for the period to be appropriated9905 | €18,511 | -€5,579 | €2,199 | €11,949 | €5,127 | ▼ 57.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38,504 | €34,530 | €16,396 | €27,742 | €19,965 | ▼ 28.0% |
| Fixed assets21/28 | €7,729 | - | - | - | €10,437 | - |
| Tangible fixed assets22/27 | €7,729 | - | - | - | €10,437 | - |
| Furniture and vehicles24 | - | - | - | - | €10,437 | - |
| Current assets29/58 | €30,775 | €34,530 | €16,396 | €27,742 | €9,528 | ▼ 65.7% |
| Stocks and contracts in progress3 | €3,723 | €4,056 | €2,531 | €2,337 | €2,489 | ▲ 6.5% |
| Stocks30/36 | - | €4,056 | €2,531 | €2,337 | €2,489 | ▲ 6.5% |
| Amounts receivable within one year40/41 | €22,375 | €21,746 | €5,694 | €5,029 | €1,862 | ▼ 63.0% |
| Trade receivables40 | - | €13,313 | €5,694 | €5,010 | €541 | ▼ 89.2% |
| Other amounts receivable41 | - | €8,433 | - | €18 | €1,322 | ▲ 7,068% |
| Cash at bank and in hand54/58 | €1,582 | €4,553 | €3,894 | €17,871 | - | - |
| Deferred charges and accrued income490/1 | - | €4,175 | €4,277 | €2,506 | €5,177 | ▲ 107% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38,504 | €34,530 | €16,396 | €27,742 | €19,965 | ▼ 28.0% |
| Equity10/15 | -€29,156 | -€34,735 | -€32,536 | -€20,587 | -€15,460 | ▲ 24.9% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€41,156 | -€46,735 | -€44,536 | -€32,587 | -€27,460 | ▲ 15.7% |
| Amounts payable17/49 | €67,660 | €69,265 | €48,932 | €48,329 | €35,425 | ▼ 26.7% |
| Amounts payable after more than one year17 | €34,490 | €22,913 | €16,965 | €12,850 | €8,652 | ▼ 32.7% |
| Financial debts170/4 | - | €22,913 | €16,965 | €12,850 | €8,652 | ▼ 32.7% |
| Amounts payable within one year42/48 | €33,169 | €46,352 | €31,968 | €35,479 | €26,774 | ▼ 24.5% |
| Current portion of amounts payable after more than one year42 | - | €11,536 | €5,930 | €4,115 | €4,198 | ▲ 2.0% |
| Financial debts43 | - | €3,770 | - | - | €105 | - |
| Credit institutions430/8 | - | €3,770 | - | - | €105 | - |
| Trade debts44 | €13,847 | €14,024 | €6,519 | €9,259 | €6,651 | ▼ 28.2% |
| Suppliers440/4 | - | €14,024 | €6,519 | €9,259 | €6,651 | ▼ 28.2% |
| Taxes, remuneration and social security45 | - | €4,952 | €7,045 | €16,020 | €5,987 | ▼ 62.6% |
| Taxes450/3 | - | €4,594 | €3,311 | €6,133 | €5,487 | ▼ 10.5% |
| Remuneration and social security454/9 | - | €358 | €3,735 | €9,887 | €500 | ▼ 94.9% |
| Other amounts payable47/48 | - | €12,070 | €12,473 | €6,086 | €9,833 | ▲ 61.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,511 | -€5,579 | €2,199 | €11,949 | €5,127 | ▼ 57.1% |
| + Depreciation and write-downs630 | €14,690 | €7,729 | - | - | €890 | - |
| Operating cash flow (approximation) | €33,201 | €2,150 | €2,199 | €11,949 | €6,016 | ▼ 49.7% |
| Change in cash | - | €2,971 | -€659 | €13,977 | - | - |
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
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 164 days late
2023
31-03
Financial
Back to profitnet €2,199
Net result €2,199 after one loss-making year.
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 14 days late
31-03
Financial
Weakest financial yearnet -€5,579
Net result drops to -€5,579, the lowest in the series; recovery starts the following year.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Highest result since 2019net €18,511 ▲1,498%
Operating result €21,568, net result €18,511, both a record.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Back to profitnet €1,158
Net result €1,158 after one loss-making year.
2019
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-09
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.
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, Ravels · 1 establishment unit since 2006
Ground area
1,202 m²
Building footprint
314 m²
Volume, LiDAR
1,385 m³
Parcel 13033B0520/00H000, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kdke
since 20062.154.661.889
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13033B0520/00H000 | Flanders | 1,202 m² | 1 · 314 m² | 9.2 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 240 EUR awarded · 240 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 240 EUR | 240 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteRavels2.154.661.889
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. 981 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-05-2006
Fiscal year end31-03
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
Website
www.kadeeke.comRavels
E-mail
info@kadeeke.beRavels
E-invoicing
Reachable via Peppol
Peppol ID
0208:0881575491
Registered
05-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.