KDM CLEANING
ActiveThe computed 12-month bankruptcy probability of KDM CLEANING is 2.8% (moderate). The 2024 annual accounts show equity of €38k and a net result of €-673. Equity is growing by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 66% of 5895 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-35
Solvency82▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.76 against 3.74 in 2023; short-term debt: 18.6% and cash: 33.8% of total assets), and 42.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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 2024Solvency, return and age of the figures
Solvency
57.1%
Return on assets
-1%
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 24-06-2025, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
35 d early
2022
39 d early
2021
33 d early
2020
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€38k▼ 1.7%
2023 · €39k
2020: €9k
2021: €11k
2022: €24k
2023: €39k
2020 → 2024
Total assets
€67k▲ 1.3%
2023 · €66k
2020: €16k
2021: €20k
2022: €35k
2023: €66k
2020 → 2024
Net result
€-673
2023 · €15k
2020: €9k
2021: €5k
2022: €16k
2023: €15k
2020 → 2024
Working capital
€35k▲ 8.7%
2023 · €32k
2020: €8k
2021: €8k
2022: €21k
2023: €32k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€9k-€11k▲ 23.7%€24k▲ 126%€39k▲ 64.4%€38k▼ 1.7%
Operating result€11k-€7k▼ 32.8%€21k▲ 185%€19k▼ 8.2%€3k▼ 87.1%
Net result€9k-€5k▼ 44.4%€16k▲ 224%€15k▼ 5.7%€-673
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 87% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €67k
Fixed assets
€20k▼ 12.2%
Current assets
€47k▲ 8.4%
Equity and liabilities €67k
Equity
€38k▼ 1.7%
Debt
€29k▲ 5.6%
The debt ratio rises from 41.2% to 42.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▼
2023 · €21k
Cash flow
€5k▼
2023 · €17k
Solvency
57.1%▼
2023 · 58.8%
Current ratio
3.76▲
2023 · 3.74
Quick ratio
3.76▲
2023 · 3.74
Debt / equity
0.75▲
2023 · 0.70
ROE
-1.8%▼
2023 · 39.2%
ROA
-1.0%▼
2023 · 23.0%
Interest coverage
5.46▼
2023 · 42.60
Debt
€29k▲
2023 · €27k
Debt ≤ 1 year
€13k▲
2023 · €12k
Debt > 1 year
€16k▲
2023 · €16k
Income taxes
€2k▼
2023 · €4k
Staff costs
€77k▲
2023 · €7k
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€66k€67k▲
Formation expenses20-€0
Fixed assets21/28€23k€20k▼
Intangible fixed assets21€21k€17k▼
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€267€82▼
Financial fixed assets28€4€4=
Current assets29/58€44k€47k▲
Amounts receivable within one year40/41€16k€18k▲
Trade receivables40€11k€12k▲
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€25k€23k▼
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€66k€67k▲
Equity10/15€39k€38k▼
Contributions10/11€3k€3k=
Outside capital11€3k-
Other1109/19€3k-
Reserves13€37k€36k▼
Distributable reserves133€37k€36k▼
Amounts payable17/49€27k€29k▲
Amounts payable after more than one year17€16k€16k▲
Financial debts170/4€16k€16k▲
Amounts payable within one year42/48€12k€13k▲
Current portion of amounts payable after more than one year42€4k€4k▼
Trade debts44€1k€835▼
Suppliers440/4€1k€835▼
Taxes, remuneration and social security45€6k€8k▲
Taxes450/3€6k€1k▼
Remuneration and social security454/9€466€6k▲
Income statement
Code20232024
Remuneration, social security and pensions62€7k€77k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€30k€86k▲
Operating profit (loss)9901€19k€3k▼
Financial income75/76B€144€113▼
Recurring financial income75€144€113▼
Financial charges65/66B€501€1k▲
Recurring financial charges65€501€1k▲
Profit (loss) for the period before taxes9903€19k€1k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€15k€-673▼
Profit (loss) for the period to be appropriated9905€15k€-673▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€-673▼
Transfer from equity791/2-€673
Transfer to equity691/2€15k-
To other reserves6921€15k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-673 ▼104%
Net result drops to €-673, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €16k ▲224%
Operating result €21k, net result €16k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wetteren · 1 establishment unit since 2020
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.
Gaverstraatje 29230 WetterenGround area
464 m²
Building footprint
136 m²
Parcel 42025A0192/00X003, Flanders. Linked by address, not a title deed.
1 establishment unit
KDM CLEANING
since 20202.298.607.020
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42025A0192/00X003 | Flanders | 464 m² | 1 · 135 m² | 0.0 m |
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.
Similar companies · same sector, comparable size
UAI SERVICES
BE 0794.763.659
Ternat · Eq €38k
A.D. CLEANING
BE 0892.534.810
Kuurne · Eq €38k
DAVAMO PRO
BE 0713.547.836
Schaarbeek · Eq €38k
DRMS SERVICES
BE 1009.984.487
Overijse · Eq €38k
PAKO CLEANING
BE 0883.974.658
Lier · Eq €39k
Of 7,012 companies in sector 81220 we hold annual accounts for 2,415. 1,968 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2020
Fiscal year end31-12
Activities, NACEBEL
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.