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 1 of the last 4 fiscal years.
Financials
Financial year 2024
KADEEM from Damme, company number BE0599993401, closed financial year 2024 with a result of € -63,133 after tax. For that financial year KADEEM recorded a gross margin of € -46,825 and equity of € -15,286. Compared with financial year 2023, the result moved from € 29,664 to € -63,133. The company made a loss. 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 September 30, 2025.
€ -15,286
▼ € 63,133 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,133
▼ still € 29,664 profit in 2023
Profit after tax over the fiscal year.
€ 1,137
▲ € 1,122 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -27,686.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 215
▼ 52% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 15,562
▼ 10% vs 2023
Loans from banks and other lenders, long and short.
€ 29,846
▲ 264% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 20,483
▼ 7% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 21,988 | € -83,328 | € 34,497 | € -46,825 | ▼ € 81,322 |
| Profit after taxes | € 5,950 | € -87,312 | € 29,664 | € -63,133 | ▼ € 92,797 |
| Equity | € 105,495 | € 18,183 | € 47,847 | € -15,286 | ▼ € 63,133 |
| Total debts | € 47,791 | € 100,090 | € 151,988 | € 253,449 | ▲ 67% |
| Cash | € 19,703 | € 7,704 | € 15 | € 1,137 | ▲ € 1,122 |
| Retained profit | € 93,095 | € 5,783 | € 35,447 | € -27,686 | ▼ € 63,133 |
| Bank debt | € 15,313 | € 17,096 | € 17,252 | € 15,562 | ▼ 10% |
| Balance sheet total | € 153,286 | € 118,273 | € 199,836 | € 238,163 | ▲ 19% |
Key figures of KADEEM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KADEEM?
What happened at KADEEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 63,133 (▼ € 92,797 vs 2023). filed late Source: NBB ↗
- Klaas De Muyt became a director. NBB
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,950 profit in 2021 to € 63,133 loss in 2024.
Paid € 3,505 in corporate taxes since 2021.
Best year ever: 2023, with € 29,664 profit.
Management
Behind KADEEM is Klaas De Muyt. Klaas De Muyt is also behind BEDEVAART, First Klaas Estate, MAXINI, MAISON BONBON and JULARD.
Directors
According to the 2024 annual accounts
Klaas De Muyt
Director
Also active at: BEDEVAART, First Klaas Estate, MAXINI, MAISON BONBON, JULARD, AXTON PROPERTIES, POWERZONE
since 2023
Establishments
Establishment units
Physical locations of this company
Doornstraat 36
8340 Damme
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0599.993.401
- VAT number
- BE 0599.993.401
- Registered office
- Doornstraat 36, 8340 Damme
- Names & denominations
- KADEEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2015
- Peppol
- Active · Active since 3 Jan 2026
- Activities · NACE
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Verhuur en exploitatie van terreinen
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Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis