KUNDEC
ActiveKUNDEC has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €54k. Equity is growing by ~91.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 16974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+19
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 25.69 against 4.73 in 2024; short-term debt: 3.9% and cash: 62.2% of total assets), and 16.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.7%
Return on assets
39.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
18 d late
2023
34 d early
2022
38 d early
2021
18 d early
2020
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€112k▲ 91.3%
2024 · €59k
2020: €3k
2021: €19k
2022: €24k
2023: €30k
2024: €59k
2020 → 2025
Total assets
€134k▲ 28.1%
2024 · €105k
2020: €40k
2021: €57k
2022: €82k
2023: €91k
2024: €105k
2020 → 2025
Net result
€54k▲ 88.4%
2024 · €28k
2020: €-17k
2021: €16k
2022: €5k
2023: €6k
2024: €28k
2020 → 2025
Working capital
€129k▲ 73.5%
2024 · €74k
2020: €12k
2021: €14k
2022: €23k
2023: €53k
2024: €74k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€24k▲ 26.9%€30k▲ 24.4%€59k▲ 94.0%€112k▲ 91.3%
Operating result€16k-€7k▼ 58.9%€8k▲ 17.8%€35k▲ 352%€72k▲ 108%
Net result€16k-€5k▼ 67.5%€6k▲ 15.0%€28k▲ 380%€54k▲ 88.4%
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 three years in a row; 2025 is 108% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134k
Fixed assets
€373▼ 96.5%
Current assets
€134k▲ 42.4%
Equity and liabilities €134k
Equity
€112k▲ 91.3%
Debt
€22k▼ 52.5%
The debt ratio falls from 44.0% to 16.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▲
2024 · €59k
Cash flow
€64k▲
2024 · €53k
Solvency
83.7%▲
2024 · 56.0%
Current ratio
25.69▲
2024 · 4.73
Quick ratio
25.69▲
2024 · 4.73
Debt / equity
0.19▼
2024 · 0.78
ROE
47.7%▼
2024 · 48.5%
ROA
39.9%▲
2024 · 27.1%
Interest coverage
159.47▲
2024 · 44.85
Debt
€22k▼
2024 · €46k
Debt ≤ 1 year
€5k▼
2024 · €20k
Debt > 1 year
€15k▼
2024 · €25k
Income taxes
€18k▲
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€105k€134k▲
Fixed assets21/28€11k€373▼
Intangible fixed assets21€11k€373▼
Current assets29/58€94k€134k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€66k€50k▼
Trade receivables40€58k€50k▼
Other amounts receivable41€8k€469▼
Cash at bank and in hand54/58€29k€84k▲
Deferred charges and accrued income490/1-€445
Equity and liabilities
Total equity and liabilities10/49€105k€134k▲
Equity10/15€59k€112k▲
Contributions10/11€20k€20k=
Reserves13€39k€92k▲
Distributable reserves133€39k€92k▲
Profit (loss) carried forward14€288€961▲
Amounts payable17/49€46k€22k▼
Amounts payable after more than one year17€25k€15k▼
Financial debts170/4€25k€15k▼
Amounts payable within one year42/48€20k€5k▼
Trade debts44€11k€1k▼
Suppliers440/4€11k€1k▼
Taxes, remuneration and social security45€9k€4k▼
Taxes450/3€9k€4k▼
Other amounts payable47/48€29€38▲
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€10k▼
Other operating charges640/8€628€644▲
Gross operating margin9900€59k€83k▲
Operating profit (loss)9901€35k€72k▲
Financial income75/76B€410€30▼
Recurring financial income75€410€30▼
Financial charges65/66B€1k€518▼
Recurring financial charges65€1k€518▼
Profit (loss) for the period before taxes9903€34k€72k▲
Income taxes67/77€5k€18k▲
Profit (loss) for the period9904€28k€54k▲
Profit (loss) for the period to be appropriated9905€28k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€54k▲
Profit (loss) brought forward from the previous period14P€302€288▼
Transfer to equity691/2€29k€53k▲
To other reserves6921€29k€53k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2020net €54k ▲88.4%
Operating result €72k, net result €54k, both a record.
31-12
Financial
Liquidity times 5current ratio 25.69
Current ratio from 4.73 to 25.69; short-term debt falls from €20k to €5k.
31-12
Financial
Equity above €100kEq €112k ▲91.3%
5 profitable years in a row build equity to €112k.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 13.41
Current ratio from 6.64 to 13.41; short-term debt falls from €2k to €2k.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 6.64
Current ratio from 2.05 to 6.64; short-term debt falls from €12k to €2k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gavere · 1 establishment unit since 2019
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.
Ten Stroom 629890 GavereGround area
4,102 m²
Building footprint
281 m²
Volume, LiDAR
1,395 m³
Parcel 44071A0097/00L000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KUNDEC
since 20192.291.638.064
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44071A0097/00L000 | Flanders | 4,102 m² | 1 · 281 m² | 7.7 m · 2 fl. |
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
Txt CONSULTING
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CeSou
BE 0785.965.858
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SYNERGIX CONSULTING
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BlazeClan Europe
BE 0627.727.481
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Of 29,995 companies in sector 62200 we hold annual accounts for 18,387. 15,547 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-07-2019
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
73110Advertising agencies
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.