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KUSADISA

Active
Private limited companyfounded 2022active for 4 yearsMinderbroedersstraat 16, 9600 Ronse, BelgiumKBO/BCE: BE 0785.641.206
Summary

The computed 12-month bankruptcy probability of KUSADISA is 3.1% (moderate). The 2025 annual accounts show equity of €25,576 and a net result of €21,414. Equity is growing by about 12% per year across the filed financial years. The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€25,576▼ 69.7%
2024 · €84,270
Total assets
€83,948▼ 17.6%
2024 · €101,890
Net result
€21,414▲ 14.1%
2024 · €18,762
Working capital
€25,576▼ 69.7%
2024 · €84,270
Trend over the years

2022 to 2025, 4 financial years

The operating result recovers in 2025; 2025 is 14% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€27,629 2025 Net result€21,414 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€55,184-€33,318▼ 39.6%€24,172▼ 27.4%€27,629▲ 14.3%
Net result€39,933-€22,576▼ 43.5%€18,762▼ 16.9%€21,414▲ 14.1%
Equity€42,933-€65,509▲ 52.6%€84,270▲ 28.6%€25,576▼ 69.7%
Total assets€57,825-€83,491▲ 44.4%€101,890▲ 22.0%€83,948▼ 17.6%
Debt€14,892-€17,982▲ 20.8%€17,620▼ 2.0%€58,373▲ 231%
Working capital€36,389-€65,509▲ 80.0%€84,270▲ 28.6%€25,576▼ 69.7%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €83,948
Equity €25,576 ▼ 69.7%
Debt €58,373 ▲ 231%
Debt's share of the balance-sheet total rises from 17.3% to 69.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.44▼
2024 · 5.78
Debt to equity
2.28▲
2024 · 0.21
ROE
83.7%▲
2024 · 22.3%
ROA
25.5%▲
2024 · 18.4%
Debt ≤ 1 year
€58,373▲
2024 · €17,620
Income taxes
€5,627▲
2024 · €5,295
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€101,890€83,948▼
Current assets29/58€101,890€83,948▼
Amounts receivable after more than one year29€59,383€21,447▼
Other amounts receivable291€59,383€21,447▼
Amounts receivable within one year40/41€42,297€54,153▲
Trade receivables40€8,174€15,981▲
Other amounts receivable41€34,124€38,172▲
Cash at bank and in hand54/58€210€8,312▲
Deferred charges and accrued income490/1-€37
Equity and liabilities
Total equity and liabilities10/49€101,890€83,948▼
Equity10/15€84,270€25,576▼
Contributions10/11€3,000€3,000=
Reserves13€62,509€22,576▼
Distributable reserves133€62,509€22,576▼
Profit (loss) carried forward14€18,762-
Amounts payable17/49€17,620€58,373▲
Amounts payable within one year42/48€17,620€58,373▲
Current portion of amounts payable after more than one year42€2,079€3,567▲
Trade debts44€78€3,139▲
Suppliers440/4€78€3,139▲
Taxes, remuneration and social security45€15,463€17,517▲
Taxes450/3€15,463€17,517▲
Other amounts payable47/48-€34,149
Income statement Code20242025
Other operating charges640/8€449€775▲
Gross operating margin9900€24,621€28,403▲
Operating profit (loss)9901€24,172€27,629▲
Financial charges65/66B€116€587▲
Recurring financial charges65€116€587▲
Profit (loss) for the period before taxes9903€24,057€27,041▲
Income taxes67/77€5,295€5,627▲
Profit (loss) for the period9904€18,762€21,414▲
Profit (loss) for the period to be appropriated9905€18,762€21,414▲
Appropriation of the result
Profit (loss) to be appropriated9906€18,762€40,175▲
Profit (loss) brought forward from the previous period14P-€18,762
Transfer from equity791/2-€39,933
Profit to be distributed694/7-€80,108
Return on contributions (dividend)694-€80,108

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,855----
Other operating charges640/8€126€375€449€775▲ 72.6%
Gross operating margin9900€57,165€33,693€24,621€28,403▲ 15.4%
Operating profit (loss)9901€55,184€33,318€24,172€27,629▲ 14.3%
Financial income75/76B€519€2,243---
Recurring financial income75€519€2,243---
Financial charges65/66B€2€3,367€116€587▲ 407%
Recurring financial charges65€2€3,367€116€587▲ 407%
Profit (loss) for the period before taxes9903€55,702€32,194€24,057€27,041▲ 12.4%
Income taxes67/77€15,769€9,618€5,295€5,627▲ 6.3%
Profit (loss) for the period9904€39,933€22,576€18,762€21,414▲ 14.1%
Profit (loss) for the period to be appropriated9905€39,933€22,576€18,762€21,414▲ 14.1%
Line2022202320242025Change
Assets
Total assets20/58€57,825€83,491€101,890€83,948▼ 17.6%
Fixed assets21/28€6,545----
Tangible fixed assets22/27€6,545€0---
Furniture and vehicles24€6,545----
Current assets29/58€51,280€83,491€101,890€83,948▼ 17.6%
Amounts receivable after more than one year29--€59,383€21,447▼ 63.9%
Other amounts receivable291--€59,383€21,447▼ 63.9%
Amounts receivable within one year40/41€15,668€72,760€42,297€54,153▲ 28.0%
Trade receivables40€605-€8,174€15,981▲ 95.5%
Other amounts receivable41€15,063€72,760€34,124€38,172▲ 11.9%
Cash at bank and in hand54/58€35,612€10,151€210€8,312▲ 3,867%
Deferred charges and accrued income490/1-€580-€37-
Equity and liabilities
Total equity and liabilities10/49€57,825€83,491€101,890€83,948▼ 17.6%
Equity10/15€42,933€65,509€84,270€25,576▼ 69.7%
Contributions10/11€3,000€3,000€3,000€3,000=
Reserves13€39,933€62,509€62,509€22,576▼ 63.9%
Distributable reserves133€39,933€62,509€62,509€22,576▼ 63.9%
Profit (loss) carried forward14--€18,762--
Amounts payable17/49€14,892€17,982€17,620€58,373▲ 231%
Amounts payable within one year42/48€14,892€17,982€17,620€58,373▲ 231%
Current portion of amounts payable after more than one year42€362€4,110€2,079€3,567▲ 71.6%
Trade debts44€261€1,986€78€3,139▲ 3,947%
Suppliers440/4€261€1,986€78€3,139▲ 3,947%
Taxes, remuneration and social security45€14,269€11,886€15,463€17,517▲ 13.3%
Taxes450/3€14,269€11,886€15,463€17,517▲ 13.3%
Other amounts payable47/48---€34,149-
Line2022202320242025Change
Profit (loss) for the period9904€39,933€22,576€18,762€21,414▲ 14.1%
+ Depreciation and write-downs630€1,855----
Operating cash flow (approximation)€41,789€22,576€18,762€21,414▲ 14.1%
Change in cash--€25,461-€9,941€8,102-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 15-07-2026 2026-00297984
31-12-2024 micro format 25-08-2025 2025-00397687
31-12-2023 micro format 25-07-2024 2024-00298945
31-12-2022 micro format 03-07-2023 2023-00198185

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.