KADEL
KADEL has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13k and a net result of €27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 26065 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €13k |
| Net result | €27k |
| Better than sector | 54% |
| Active | 12 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 36.8% | 32.3% | |
| Net result | €27k | €4k | |
| Equity | €13k | €39k | |
| Gross operating margin | €28k | €31k | |
| Total assets | €36k | €146k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | - | €9k | €-28k | €-8k |
| Net profit | €27k | €8k | €-29k | €-11k |
| Cash flow | - | €8k | €-29k | €-11k |
| Staff costs | - | - | - | - |
| Income taxes | - | - | - | - |
| Dividends | - | - | - | - |
| Total assets | €36k | €29k | €25k | €27k |
| Equity | €13k | €-14k | €-22k | €7k |
| Debt | €23k | €43k | €47k | €20k |
| of which ≤ 1y | €23k | €43k | €47k | €20k |
| of which > 1y | - | - | - | - |
| Working capital | €13k | €-14k | €-22k | €6k |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.58 | 0.67 | 0.53 | 1.31 |
| Quick ratio | 0.62 | 0.16 | 0.06 | 0.24 |
| Working capital ratio | 36.8% | -48.4% | -89.7% | 23.4% |
| Solvency | 36.8% | -48.4% | -89.2% | 24.6% |
| Debt / equity | 1.72 | -3.07 | -2.12 | 3.07 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | - | 21.07 | -37.78 | -3.30 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 75.0% | 28.6% | -115.7% | -41.4% |
| ROE | 203.7% | -59.1% | 129.7% | -168.4% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €36k | €29k | €25k | €27k |
| Fixed assets | 21/28 | €0 | €0 | €113 | €315 |
| Tangible fixed assets | 22/27 | €0 | €0 | €113 | €315 |
| Current assets | 29/58 | €36k | €29k | €25k | €26k |
| Stocks & contracts in progress | 3 | €22k | €22k | €22k | €21k |
| Amounts receivable within one year | 40/41 | - | €497 | €262 | €275 |
| Cash & bank | 54/58 | €14k | €6k | €3k | €5k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €36k | €29k | €25k | €27k |
| Equity | 10/15 | €13k | €-14k | €-22k | €7k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €-7k | €-34k | €-43k | €-14k |
| Amounts payable | 17/49 | €23k | €43k | €47k | €20k |
| Amounts payable within one year | 42/48 | €23k | €43k | €47k | €20k |
| Trade debts payable within one year | 44 | €2k | €4k | €31k | €17k |
| Income statement | |||||
| Gross operating margin | 9900 | €28k | €10k | €-25k | €-7k |
| Operating result | 9901 | €28k | €9k | €-28k | €-9k |
| Financial charges | 65 | €246 | €416 | €736 | €3k |
| Result before taxes | 9903 | €27k | €8k | €-29k | €-11k |
| Net result for the period | 9904 | €27k | €8k | €-29k | €-11k |
| Result to be appropriated | 9905 | €27k | €8k | €-29k | €-11k |
| NACE primary | Non-specialised retail sale with food, beverages or tobacco predominating(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 24-02-2014 |
| Status | Active |
| Postal code | 9000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0259/00P002 | Flanders | 89 m² | 1 · 91 m² | 13.1 m · 3 fl. |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-01-2024 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "statutory_reserve_release",
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"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": "kapitalisering_reserves",
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "suppress"
}
],
"notary": {
"name": "Xavier VANHAELEMEESCH",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-11",
"filing_date": "2024-01-09",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2023-11-24",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0546.848.287",
"name_full": "KADEL",
"legal_form": "BV",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
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"org_rep_person_name": null,
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},
"co_filed_documents": [],
"shareholders_after": [],
"share_classes_after": [
{
"n_shares": 100,
"class_name": "A",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
}
]
}19-05-2022 Registered office moved within GENT
- Zwijnaardsesteenweg 745- 9000 Gent → ZWIJNAARDSESTEENWEG 3- 9000 GENT
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "combined",
"new_address": {
"raw": "ZWIJNAARDSESTEENWEG 3- 9000 GENT",
"city": "GENT",
"region": "vlaams_gewest",
"street": "ZWIJNAARDSESTEENWEG",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "3",
"locality_suffix": null
},
"old_address": {
"raw": "Zwijnaardsesteenweg 745- 9000 Gent",
"city": "Gent",
"region": "vlaams_gewest",
"street": "Zwijnaardsesteenweg",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "745",
"locality_suffix": null
},
"effective_date": "2022-05-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "beide",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2022-05-19",
"filing_date": "2022-05-11",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2022-04-30",
"unanimous": null
},
"subject_company": {
"kbo": "0546.848.287",
"name_full": "KADEL Besloten Vennootschap met beperkte aansprakelijkheid",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Basant Dhungana",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad-19/05/2022- Annexes du Moniteur belge"
]
}| Legal nameNL | KADEL |