Kerdo
Annual accounts 2025
micro format, filed on 31-05-2026, 61 days before the deadline-€8,018
▲ €5,404
-€33,306
▲ €5,098
-€33,456
▲ €5,083
-€944,033
▼ €11,486
-53.9%
▼ 7.6 percentage points
0.01
▼ 0.01
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €617,215 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
617,215 | 645,666 | 664,855 | 684,198 | 707,003 | 744,278 | 783,961 | 823,064 | |
21/28 |
611,250 | 633,219 | 655,189 | 677,159 | 702,464 | 732,598 | 762,731 | 792,865 | |
22/27 |
611,250 | 633,219 | 655,189 | 677,159 | 702,464 | 732,598 | 762,731 | 792,865 | |
22 |
611,250 | 633,219 | 655,189 | 677,159 | 699,128 | 721,098 | 743,068 | 765,037 | |
24 |
- | - | - | - | 3,336 | 11,500 | 19,664 | 27,828 | |
29/58 |
5,965 | 12,446 | 9,666 | 7,039 | 4,538 | 11,680 | 21,229 | 30,198 | |
40/41 |
- | - | - | - | - | - | 1,165 | 1,165 | |
40 |
- | - | - | - | - | - | 1,165 | 1,165 | |
54/58 |
5,863 | 12,346 | 9,537 | 6,939 | 4,439 | 11,580 | 19,668 | 28,994 | |
490/1 |
102 | 100 | 129 | 100 | 100 | 100 | 396 | 39 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
617,215 | 645,666 | 664,855 | 684,198 | 707,003 | 744,278 | 783,961 | 823,064 | |
10/15 |
-332,783 | -299,328 | -260,789 | -231,614 | -193,223 | -156,694 | -117,239 | -77,410 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,550 | 18,550 | |
101 |
- | - | - | - | - | - | 6,150 | 6,150 | |
14 |
-345,183 | -311,728 | -273,189 | -244,014 | -205,623 | -169,094 | -129,639 | -89,810 | |
17/49 |
949,998 | 944,993 | 925,644 | 915,812 | 900,226 | 900,972 | 901,200 | 900,474 | |
42/48 |
949,998 | 944,993 | 925,644 | 915,812 | 900,226 | 900,972 | 901,200 | 900,474 | |
44 |
5 | 0 | 651 | 5,818 | 233 | 979 | 1,451 | 399 | |
440/4 |
5 | 0 | 651 | 5,818 | 233 | 979 | 1,451 | 399 | |
47/48 |
949,993 | 944,993 | 924,993 | 909,993 | 899,993 | 899,993 | 899,749 | 900,075 | |
| Income statement | |||||||||
76A |
- | 0 | 31 | - | - | - | - | - | |
9900 |
-8,018 | -13,422 | -4,324 | -10,236 | -3,323 | -6,274 | -7,256 | -22,052 | |
630 |
21,970 | 21,970 | 21,970 | 25,306 | 30,134 | 30,134 | 30,134 | 63,871 | |
640/8 |
3,318 | 3,012 | 2,762 | 2,729 | 2,952 | 2,877 | 2,341 | 3,869 | |
9901 |
-33,306 | -38,404 | -29,055 | -38,271 | -36,409 | -39,284 | -39,730 | -89,791 | |
75/76B |
- | - | - | - | - | - | - | 189 | |
75 |
- | - | - | - | - | - | - | 189 | |
65/66B |
150 | 135 | 120 | 120 | 120 | 170 | 99 | 208 | |
65 |
150 | 135 | 120 | 120 | 120 | 170 | 99 | 208 | |
9903 |
-33,456 | -38,539 | -29,175 | -38,391 | -36,529 | -39,455 | -39,829 | -89,810 | |
9904 |
-33,456 | -38,539 | -29,175 | -38,391 | -36,529 | -39,455 | -39,829 | -89,810 | |
9905 |
-33,456 | -38,539 | -29,175 | -38,391 | -36,529 | -39,455 | -39,829 | -89,810 | |
| Appropriation of the result | |||||||||
9906 |
-345,183 | -311,728 | -273,189 | -244,014 | -205,623 | -169,094 | -129,639 | -89,810 | |
14P |
-311,728 | -273,189 | -244,014 | -205,623 | -169,094 | - | - | - | |
| Document | |||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-05-2026 | 2026-00128314 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00192480 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00416261 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00396999 | |
| 31-12-2021 | micro format | 31-05-2022 | 2022-20041161 | |
| 31-12-2020 | micro format | 07-06-2021 | 2021-17700236 | |
| 31-12-2019 | micro format | 04-06-2020 | 2020-15000561 | |
| 31-12-2018 | micro format | 27-04-2020 | 2020-10500254 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| -11,336 | -16,434 | -7,086 | -12,965 | -6,275 | -9,151 | -9,596 | -25,921 | ||
| -11,486 | -16,569 | -7,206 | -13,085 | -6,395 | -9,321 | -9,696 | -25,940 | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 856,736 | ||
| -6,483 | 2,809 | 2,598 | 2,500 | -7,142 | -8,088 | -9,326 | - | ||
| -944,033 | -932,547 | -915,978 | -908,772 | -895,687 | -889,292 | -879,971 | -870,275 | ||
| -53.9% | -46.4% | -39.2% | -33.9% | -27.3% | -21.1% | -15.0% | -9.4% | ||
| 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | ||
| -5.4% | -6.0% | -4.4% | -5.6% | -5.2% | -5.3% | -5.1% | -10.9% | ||
| -75.57 | -121.79 | -59.03 | -108.04 | -52.29 | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on Kerdo
The operating result for 2025 is a loss of €33,306, smaller than the loss of €38,404 in 2024.
Equity is negative. Debt (€949,998) exceeds the balance-sheet total (€617,215).