Financials
Financial year 2025
KADEGO from Huy, company number BE0642576597, closed financial year 2025 with a result of € 132,311 after tax. For that financial year KADEGO recorded a gross margin of € 495,746 and equity of € 153,635. Compared with financial year 2024, the result moved from € 118,511 to € 132,311. Profitable, and profit is growing. The buffer shrank hard: equity is 59 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 153,635
▼ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 132,311
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 59,221
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 350,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
11.3
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 279,492
▼ 2% vs 2024
€ 24,700 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.
€ 984
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13,832
▲ 43% vs 2024
Loans from banks and other lenders, long and short.
€ 10,230
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 101,862
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 356,590 | € 424,326 | € 492,210 | € 495,746 | ▲ 1% |
| Profit after taxes | € 51,768 | € 82,643 | € 118,511 | € 132,311 | ▲ 12% |
| Equity | € 265,171 | € 327,813 | € 371,324 | € 153,635 | ▼ 59% |
| Total debts | € 204,904 | € 205,189 | € 230,187 | € 577,389 | ▲ 151% |
| Cash | € 147,752 | € 154,842 | € 97,085 | € 59,221 | ▼ 39% |
| Retained profit | € 240,171 | € 302,813 | € 346,324 | € 128,635 | ▼ 63% |
| Dividend | € 0 | € 20,000 | € 75,000 | € 350,000 | ▲ € 275,000 |
| Bank debt | € 82,976 | € 42,286 | € 9,707 | € 13,832 | ▲ 43% |
| Balance sheet total | € 470,074 | € 533,002 | € 601,511 | € 731,024 | ▲ 22% |
| Employees (FTE) | 6.8 | 7.3 | 10.6 | 11.3 | ▲ 0.7 |
Key figures of KADEGO, 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 KADEGO?
What happened at KADEGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 132,311 (▲ 12% vs 2024). Source: NBB ↗
- UPCIRCLES became a director. NBB
- New establishment in Huy. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,768 profit in 2022 to € 132,311 profit in 2025.
Paid € 153,759 in corporate taxes since 2022.
Best year ever: 2025, with € 132,311 profit.
On average € 43,900 of value added per employee in 2025.
Management
Behind KADEGO is UPCIRCLES. UPCIRCLES is also behind FREQUENCE CASH, FOLLOW-UP, CITY CASH ONE, AMARANTE and CASH CONVERTERS JAMBES.
Directors
According to the 2025 annual accounts
Director · represented by Kevin Kaeses
Also active at: FREQUENCE CASH, FOLLOW-UP, CITY CASH ONE, AMARANTE, CASH CONVERTERS JAMBES, I Love 2nd Hand, CASH CONVERTERS JETTE, CC Saint-Josse +7 more
since 2023
Establishments
Establishment units
Physical locations of this company
Quai d'Arona 19 box B
4500 Huy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0642.576.597
- VAT number
- BE 0642.576.597
- Registered office
- Quai d'Arona 19 bus B, 4500 Huy
- Names & denominations
- KADEGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 2015
- Peppol
- Active · Active since 5 Aug 2025
- Activities · NACE
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