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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2026; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
KADS from Geraardsbergen, company number BE0545779408, closed financial year 2026 with a result of € 19,647 after tax. For that financial year KADS recorded a gross margin of € 20,655 and equity of € -8,189. Compared with financial year 2025, the result moved from € -12,046 to € 19,647. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ -8,189
▲ € 19,647 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,647
▲ still € 12,046 loss in 2025
Profit after tax over the fiscal year.
€ 926
▲ 214% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -14,389.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 11,019
▼ 45% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -10,052 | € 642 | € -5,290 | € 20,655 | ▲ € 25,945 |
| Profit after taxes | € -22,714 | € -6,678 | € -12,046 | € 19,647 | ▲ € 31,693 |
| Equity | € -9,111 | € -15,790 | € -27,835 | € -8,189 | ▲ € 19,647 |
| Total debts | € 64,306 | € 48,035 | € 48,342 | € 11,019 | ▼ 77% |
| Cash | € 2,934 | € 483 | € 295 | € 926 | ▲ 214% |
| Retained profit | € -15,311 | € -21,990 | € -34,035 | € -14,389 | ▲ € 19,647 |
| Bank debt | € 19,482 | € 13,128 | € 6,635 | € 0 | ▼ 100% |
| Balance sheet total | € 55,194 | € 32,245 | € 20,506 | € 2,830 | ▼ 86% |
Key figures of KADS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 2 January 2028.
What happened to KADS?
What happened at KADS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 19,647. Source: NBB ↗
- Karl De Stercke stepped down as director. NBB
- New establishment in Geraardsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,714 loss in 2023 to € 19,647 profit in 2026.
Paid € 246 in corporate taxes since 2023.
Best year ever: 2026, with € 19,647 profit.
A new publication or filing at KADS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2026 annual accounts
· until 2026
Establishments
Establishment units
Physical locations of this company
Renskouter(Via) 7
9500 Geraardsbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0545.779.408
- VAT number
- BE 0545.779.408
- Registered office
- Renskouter(Via) 7, 9500 Geraardsbergen
- Names & denominations
- KADS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2014
- Peppol
- Not registered
- Activities · NACE
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