KIDACO
Open bankruptcyA bankruptcy procedure is open for KIDACO according to publications in the Belgian State Gazette; curator: YANNICK ALSTEENS.
Summary
The 2019 annual accounts show equity of €70k and a net result of €-7k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2019, micro schema
Turnover
€280k▼ 25.8%
2018 · €377k
EBIT margin
-3.6%▼ 1.4pp
2018 · -2.2%
Net result
€-7k▲ 17.9%
2018 · €-8k
Working capital
€87k▼ 8.2%
2018 · €95k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Turnover€377k-€280k▼ 25.8%
Operating result€-8k-€-10k▼ 23.3%
Net result€-8k-€-7k▲ 17.9%
EBIT margin-2.2%--3.6%▼ 1.4pp
Equity€77k-€70k▼ 9.1%
Total assets€170k-€137k▼ 19.3%
Debt€93k-€68k▼ 27.7%
Working capital€95k-€87k▼ 8.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2019 against €8k in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €137k
Fixed assets
€1k ▲ 156%
Current assets
€136k ▼ 19.9%
Equity and liabilities €137k
Equity
€70k ▼ 9.1%
Debt
€68k ▼ 27.7%
Debt's share of the balance-sheet total falls from 54.9% to 49.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2018 · €-4k
Cash flow
€-6k▼
2018 · €-4k
Current ratio
2.80▲
2018 · 2.28
ROE
-10.0%▲
2018 · -11.0%
ROA
-5.1%▼
2018 · -5.0%
Debt ≤ 1 year
€49k▼
2018 · €74k
Income taxes
€-3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Turnover70 | €377k | €280k | ▼ 25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €433 | ▼ 89.8% |
| Gross operating margin9900 | €18k | €14k | ▼ 21.5% |
| Operating profit (loss)9901 | €-8k | €-10k | ▼ 23.3% |
| Recurring financial income75 | €1 | - | - |
| Recurring financial charges65 | €259 | €88 | ▼ 66.0% |
| Profit (loss) for the period before taxes9903 | €-8k | €-10k | ▼ 20.6% |
| Income taxes67/77 | - | €-3k | - |
| Profit (loss) for the period9904 | €-8k | €-7k | ▲ 17.9% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €-7k | ▲ 17.9% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €170k | €137k | ▼ 19.3% |
| Fixed assets21/28 | €556 | €1k | ▲ 156% |
| Tangible fixed assets22/27 | - | €866 | - |
| Financial fixed assets28 | €556 | €556 | = |
| Current assets29/58 | €169k | €136k | ▼ 19.9% |
| Amounts receivable within one year40/41 | €130k | €123k | ▼ 5.6% |
| Current investments50/53 | €104 | €104 | = |
| Cash at bank and in hand54/58 | €39k | €13k | ▼ 67.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €170k | €137k | ▼ 19.3% |
| Equity10/15 | €77k | €70k | ▼ 9.1% |
| Contributions10/11 | €19k | €19k | = |
| Profit (loss) carried forward14 | €58k | €51k | ▼ 12.0% |
| Amounts payable17/49 | €93k | €68k | ▼ 27.7% |
| Amounts payable within one year42/48 | €74k | €49k | ▼ 34.7% |
| Trade debts44 | €54k | €27k | ▼ 49.0% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €-7k | ▲ 17.9% |
| + Depreciation and write-downs630 | €4k | €433 | ▼ 89.8% |
| Operating cash flow (approximation) | €-4k | €-6k | ▼ 55.3% |
| Investment in fixed assets (approximation) | - | €-1k | - |
| Change in cash | - | €-26k | - |
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
2023
08-12
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 04-12-2023
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 462 days late
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 142 days late
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 151 days late
29-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 516 days late
2013
11-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
29-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 60 days late
2011
30-09
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 61 days late
SignalNBB filing
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.
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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, Lasne · 1 establishment unit since 2009
Ground area
1,149 m²
Building footprint
132 m²
Volume, LiDAR
713 m³
Parcel 25076B0290/00M002, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
KIDACO
since 20092.183.299.952
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076B0290/00M002 | Wallonia | 1,149 m² | 1 · 132 m² | 10.0 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | YANNICK ALSTEENS OFF.PARK GREEN ALLEY,RUE
DU PANIER VERT 70, 1400 NIVELLES- |
04-12-2023 → present |
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Of 369 companies in sector 43421 we hold annual accounts for 205. 174 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 (pre-2019)
Founded01-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43421Specialised construction activities
43310Plastering work
43320Joinery installation
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.