KADIMMO · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of KADIMMO is 1.4% (low). The 2022 annual accounts show equity of €545k and a net result of €-19k. Equity remains stable across the filed fiscal years (±1.7% per year). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide

Annual accounts not filed

The financial year that closed on 31-12-2023 was due at the National Bank by 31-07-2024. Nothing is on record today, 761 days later. 3 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

Filed more than 90 days late

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 05-02-2024, 189 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	nothing on record	not filed	-
31-12-2022	31-07-2023	05-02-2024	189 d late	2024-00024962
31-12-2021	31-07-2022	17-11-2022	109 d late	2022-20521376
31-12-2020	31-07-2021	28-11-2021	120 d late	2021-79300374
31-12-2019	31-07-2020	24-11-2020	116 d late	2020-72500174
31-12-2018	31-07-2019	11-10-2019	72 d late	2019-69700381
31-12-2017	31-07-2018	07-11-2018	99 d late	2018-71800414
31-12-2016	31-07-2017	26-09-2017	57 d late	2017-63200494
31-12-2015	31-07-2016	25-09-2016	56 d late	2016-62100335
31-12-2014	31-07-2015	17-02-2016	201 d late	2016-04700205

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 1995, 30 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.4% Low

0%0,5%1,5%4%10%≥25%

No NACE activity registered +Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€9k-43.2%

EBIT margin-243.0%-61.8pp

Net result€-19k+13.3%

Working capital€46k-11.2%

CSV export

Annual accounts & ratios

Source: NBB · 2022

Annual accounts filed on 05-02-2024 with the NBB · fiscal year 2022 · volledig

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Equity: stable across 5 fiscal years (±1.7%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

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).

Revenue

€9k

-43.2% 18-22

EBITDA

€-2k

+80.0% 18-22

Net profit

€-19k

+13.3% 18-22

Cash flow

€-346

+89.6% 18-22

Total assets

€701k

+56.0% 18-22

Equity

€545k

+88.4% 18-22

Working capital

€46k

-11.2% 18-22

Debt

€2k

+332.8% 18-22

Show 10 other metrics

Debt ≤ 1y

€2k

+332.8% 18-22

Current ratio

21.42

-78.7% 18-22

Quick ratio

21.42

-78.7% 18-22

Solvency

77.6%

+20.7% 18-22

Debt / equity

0.00

+129.7% 18-22

ROE

-3.6%

+54.0% 18-22

ROA

-2.8%

+44.4% 18-22

Net margin

-228.1%

-52.6% 18-22

EBITDA margin

-19.0%

+64.8% 18-22

Interest coverage

-0.39

+97.0% 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	volledig
Revenue	€9k
EBITDA	€-2k
Net profit	€-19k
Cash flow	€-346
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€701k
Equity	€545k
Debt	€2k
of which ≤ 1y	€2k
of which > 1y	-
Working capital	€46k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	21.42
Quick ratio	21.42
Working capital ratio	6.5%
Solvency	77.6%
Debt / equity	0.00
Long-term debt ratio	-
Interest coverage	-0.39
Gross margin	38.2%
Net margin	-228.1%
ROA	-2.8%
ROE	-3.6%
EBITDA margin	-19.0%
Days sales outstanding	27d
Days payable outstanding	154d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €654k · 93.2% Current assets €48k · 6.8%

Equity & liabilities

Equity €545k · 77.7% Provisions €155k · 22.0% Debt €2k · 0.3%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€701k
Fixed assets	21/28	€654k
Tangible fixed assets	22/27	€654k
Current assets	29/58	€48k
Amounts receivable within one year	40/41	€47k
Cash & bank	54/58	€675
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€701k
Equity	10/15	€545k
Contributions / capital	10/11	€31k
Reserves	13	€216k
Accumulated profits (losses)	14	€22k
Provisions & deferred taxes	16	€155k
Amounts payable	17/49	€2k
Amounts payable within one year	42/48	€2k
Trade debts payable within one year	44	€2k
Income statement
Turnover	70	€9k
Gross operating margin	9900	€3k
Operating result	9901	€-21k
Financial charges	65	€4k
Result before taxes	9903	€-25k
Net result for the period	9904	€-19k
Result to be appropriated	9905	€-9k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2022 · computed

53 / 100 Fair

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Directors

Directors & mandates

1 director

6 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Current directors & mandates

SOSANO INVESTPrivate limited company
Director· perm. rep.: HICHOU Khadija
State Gazette act 22107995 (09-09-2022)

Current
09-09-2022 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	07-11-1995
Status	Active
Postal code	1410

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

2 companies at this address See who is registered here

Establishment units

1 location

KADIMMO

Waterlose Steenweg 90, 1060 Sint-Gillis (bij-Brussel)Verhuur van woningen, exclusief sociale woningen

since 19952.074.046.476

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area2,174 m²

Buildings2

Building footprint296 m²

Volume (LiDAR)2,067 m³

Tallest building16.5 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25764N0239/00S002	Wallonia	1,934 m²	1 · 196 m²	8.2 m · 2 fl.
21013B0205/00V000	Brussels	240 m²	1 · 99 m²	16.5 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 act

All acts · 1 updated 3 years ago

2022

09-09-2022 2 directors appointed, 3 reappointed Director changes·David INDEKEU

HICHOU Khadija, Bestuurder
HICHOU Khadija, Bestuurder
CHATT Sofia, Commissaris
CHATT Samir, Commissaris
CHATT Nour, Commissaris

Notary: David INDEKEU · LON

Original publication ↗

Analysis

Financial profile

5 of 5 axes measured

58 / 100

Mixed profile: strong on solvency, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 53

Profitability 0

Solvency 100

Growth 35

Stability 100

Credit advice

verdict per customer and amount

Company registry

Company registry (CBE)

Crossroads Bank

Names & trade names

Legal nameFR

KADIMMO

Registered office

Avenue des Gémeaux 8

1410 Waterloo, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.