Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 5.4 to 4.6.
Financials
Financial year 2025
Kadaps from Ardooie, company number BE0465141031, closed financial year 2025 with a result of € 4.1 million after tax. For that financial year Kadaps recorded revenue of € 742,689 and equity of € 9.6 million. Compared with financial year 2024, the result moved from € 3.3 million to € 4.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 12, 2026.
€ 9.6 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.1 million
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 176,167
▲ 149% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.8 million paid out
69 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.6
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 381,437
▼ 5% vs 2024
€ 82,900 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,528
▲ 176% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 75 days on average.
€ 100,641
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 811,896 | € 830,466 | € 781,242 | € 742,689 | ▼ 5% |
| Profit after taxes | € 2,577,191 | € 2,284,489 | € 3,268,765 | € 4,107,978 | ▲ 26% |
| Equity | € 9,468,925 | € 8,756,211 | € 8,275,018 | € 9,565,348 | ▲ 16% |
| Total debts | € 1,861,922 | € 3,142,485 | € 3,867,479 | € 2,934,570 | ▼ 24% |
| Cash | € 162,580 | € 31,995 | € 70,877 | € 176,167 | ▲ 149% |
| Retained profit | € 6,146,459 | € 5,433,744 | € 4,952,551 | € 6,242,881 | ▲ 26% |
| Dividend | € 1,726,500 | € 2,997,204 | € 3,749,958 | € 2,817,648 | ▼ 25% |
| Balance sheet total | € 11,330,847 | € 11,898,696 | € 12,142,496 | € 12,499,918 | ▲ 3% |
| Employees (FTE) | 5.5 | 5.4 | 4.9 | 4.6 | ▼ 0.3 |
Key figures of Kadaps, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Kadaps?
What happened at Kadaps in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Steve DE BACKERE stepped down as director. NBB
- Pieter DE BACKERE stepped down as director. NBB
- Andries TALPE stepped down as director. NBB
- Karel TALPE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.1 million (▲ 26% vs 2024). Source: NBB ↗
- New establishment in Ardooie. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.6 million profit in 2022 to € 4.1 million profit in 2025.
Paid € 384,919 in corporate taxes since 2022.
Best year ever: 2025, with € 4.1 million profit.
Paid out € 11.3 million in dividends to the owners in total.
Management
It owns 100% of DARTA NV itself.
Directors
According to the 2025 annual accounts
· until 2026
· until 2026
Establishments
Establishment units
Physical locations of this company
Pittemsestraat 58A
8850 Ardooie
Pittemsestraat 58 A
8850 Ardooie
Active since 5 May 1999
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.141.031
- VAT number
- BE 0465.141.031
- Registered office
- Pittemsestraat 58A, 8850 Ardooie
- Names & denominations
- Kadaps
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 1999
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings