Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Kardex from Dilbeek, company number BE0422967906, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year Kardex recorded revenue of € 13.4 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 2.4 million to € 1.3 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 24, 2026.
€ 1.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
27.2
▲ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▲ 8% vs 2024
€ 93,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 44,264
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 884,161
Loans from banks and other lenders, long and short.
€ 565,017
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 23 days on average.
€ 571,734
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 11,186,922 | € 22,926,840 | € 13,393,604 | ▼ 42% |
| Gross margin | € 2,935,240 | - | - | - | |
| Profit after taxes | € 803,948 | € 568,462 | € 2,422,152 | € 1,280,294 | ▼ 47% |
| Equity | € 1,235,503 | € 1,253,965 | € 1,276,117 | € 1,276,411 | |
| Total debts | € 4,001,713 | € 5,238,025 | € 5,794,871 | € 4,858,800 | ▼ 16% |
| Retained profit | € 727,608 | € 746,070 | € 768,222 | € 768,516 | |
| Dividend | € 800,000 | € 550,000 | € 2,400,000 | € 1,280,000 | ▼ 47% |
| Bank debt | € 0 | € 0 | € 0 | € 884,161 | |
| Balance sheet total | € 5,264,416 | € 6,526,990 | € 7,156,104 | € 6,271,971 | ▼ 12% |
| Employees (FTE) | 19 | 19.5 | 23.3 | 27.2 | ▲ 3.9 |
Key figures of Kardex, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Kardex?
What happened at Kardex in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- David Ramos Calvo stepped down as director. NBB
- Stefano Cavezzale stepped down as director. NBB
- Anita Heen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▼ 47% vs 2024). Source: NBB ↗
- Anita Heen became a director. NBB
- David Ramos Calvo became a director. NBB
- Stefano Cavezzale became a director. NBB
- New establishment in Dilbeek. KBO
In short
From € 803,948 profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.9 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.4 million profit.
On average € 154,500 of value added per employee in 2022.
Management
Directors
According to the 2025 annual accounts
David Ramos Calvo
Director
since 2024 · until 2030
Stefano Cavezzale
Director
since 2024 · until 2030
Anita Heen
Managing director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Eikelenbergstraat 20
1700 Dilbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →+15 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.967.906
- VAT number
- BE 0422.967.906
- Registered office
- Eikelenbergstraat 20, 1700 Dilbeek
- Names & denominations
- Kardex
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 1982
- Peppol
- Not registered
- Activities · NACE
Groothandel in overige kantoormachines en kantoorbenodigdheden
Groothandel in informatie- en communicatieapparatuur
Groothandel in andere kantoormachines en kantoorbenodigdheden, met uitzondering van computers en randapparatuur
Reparatie en onderhoud van consumentenartikelen, neg
Overige reparaties, n.e.g.