KDG Consult
ActiveSummary
KDG Consult has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €17k and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▲+5
Solvency37▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.24 in 2023; short-term debt: 56.9% and cash: 1% of total assets), and 88.5% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.5%
Return on assets
4.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 37956 sector peers (2024).
NBB · sector comparisonPosition among 37956 sector peers
Solvency
better than 15%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €17k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d late
2023
30 d late
2022
71 d late
2021
79 d late
2020
74 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€17k▲ 54.4%
2023 · €11k
2018: €-1k
2019: €1k
2020: €395
2021: €153
2022: €10k
2023: €11k
2018 → 2024
Total assets
€147k▼ 3.0%
2023 · €151k
2018: €152k
2019: €156k
2020: €143k
2021: €129k
2022: €129k
2023: €151k
2018 → 2024
Net result
€6k▲ 544%
2023 · €925
2018: €228
2019: €3k
2020: €-970
2021: €-242
2022: €10k
2023: €925
2018 → 2024
Working capital
€-49k▲ 27.5%
2023 · €-68k
2018: €-21k
2019: €-14k
2020: €-14k
2021: €-23k
2022: €-17k
2023: €-68k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€395-€153▼ 61.3%€10k▲ 6,452%€11k▲ 9.2%€17k▲ 54.4%
Operating result€13k-€13k▼ 4.6%€24k▲ 84.1%€11k▼ 52.6%€22k▲ 91.7%
Net result€-970-€-242▲ 75.0%€10k€925▼ 90.6%€6k▲ 544%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 92% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €147k
Fixed assets
€112k ▼ 13.6%
Current assets
€34k ▲ 62.0%
Equity and liabilities €147k
Equity
€17k ▲ 54.4%
Debt
€130k ▼ 7.5%
Debt's share of the balance-sheet total falls from 92.8% to 88.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▲
2023 · €24k
Cash flow
€24k▲
2023 · €14k
Current ratio
0.41▲
2023 · 0.24
Debt to equity
7.67▼
2023 · 12.81
ROE
35.2%▲
2023 · 8.4%
ROA
4.1%▲
2023 · 0.6%
Interest coverage
3.59▲
2023 · 3.51
Debt ≤ 1 year
€83k▼
2023 · €89k
Debt > 1 year
€46k▼
2023 · €51k
Income taxes
€5k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€151k€147k▼
Fixed assets21/28€130k€112k▼
Tangible fixed assets22/27€130k€112k▼
Land and buildings22€129k€112k▼
Plant, machinery and equipment23€585€94▼
Current assets29/58€21k€34k▲
Amounts receivable within one year40/41€13k€28k▲
Trade receivables40€10k€21k▲
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€5k€1k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€151k€147k▼
Equity10/15€11k€17k▲
Contributions10/11€6k€6k=
Reserves13-€6k
Distributable reserves133-€6k
Profit (loss) carried forward14€5k€5k=
Amounts payable17/49€140k€130k▼
Amounts payable after more than one year17€51k€46k▼
Financial debts170/4€51k€46k▼
Amounts payable within one year42/48€89k€83k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€44k€34k▼
Suppliers440/4€44k€34k▼
Taxes, remuneration and social security45€29k€35k▲
Taxes450/3€29k€35k▲
Other amounts payable47/48€11k€9k▼
Accrued charges and deferred income492/3€407€418▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€18k▲
Other operating charges640/8€1k€960▼
Gross operating margin9900€25k€40k▲
Operating profit (loss)9901€11k€22k▲
Financial income75/76B€183-
Recurring financial income75€183-
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€11k▲
Profit (loss) for the period before taxes9903€5k€11k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€925€6k▲
Profit (loss) for the period to be appropriated9905€925€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€11k▲
Profit (loss) brought forward from the previous period14P€4k€5k▲
Transfer to equity691/2-€6k
To other reserves6921-€6k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 74 days late
2020
31-12
Financial
Weakest financial yearnet €-970 ▼136%
Net result drops to €-970, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 310 days late
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 76 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wichelen · 1 establishment unit since 2012
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.
Galgenberg 119260 WichelenGround area
1,102 m²
Building footprint
152 m²
Volume, LiDAR
899 m³
Parcel 42020B0228/00C000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KDG Consult
since 20122.217.888.271
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42020B0228/00C000 | Flanders | 1,102 m² | 1 · 152 m² | 8.6 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.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 28,764 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2012
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:kathy.degroote@kdgconsult.be
Phone:0496/24.61.89