Kendaroy
0413.150.813 · rovalta.com · 23/09/2026
ACTIVE
Kendaroy
Financial year 2025 · closed on 31/12/2025
Net result
5 k €
-52.1% YoY
Gross margin
-1,3 k €
-65.4% YoY
Equity
547,9 k €
+0.9% YoY
Workforce
0,0 ETP
Overview
What does Kendaroy do?
Kendaroy is a Public limited company incorporated in 1973. Its main activity is: Management consultancy activities. Its registered office is in Waregem.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0413.150.813
Incorporation
01/04/1973
Legal form
Public limited company
Registered office
Schoendalestraat 235
8793 Waregem · FlandreSee on map
8793 Waregem · FlandreSee on map
Contributed capital
255 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
Joint committees (1)
- 109
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
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Financials
Trend over 13 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||
| Gross margin | -1,3 k € | -65.4% | -780,9 € | +68.0% | -2,4 k € | -147% | -987,1 € | +62.5% | -2,6 k € | -102% | 169,6 k € | +753% | 19,9 k € | +193% | -21,3 k € | -312% | 10 k € | -86.4% | 74,1 k € | +77.5% | 41,7 k € | -25.6% | 56,1 k € | +0.8% | 55,6 k € |
| EBITDA | -9,8 k € | -311% | -2,4 k € | +40.4% | -4 k € | -65.3% | -2,4 k € | +40.1% | -4,1 k € | -102% | 167,4 k € | +829% | 18 k € | +178% | -23,2 k € | -390% | 8 k € | -88.9% | 71,9 k € | +80.8% | 39,8 k € | -25.7% | 53,5 k € | +0.3% | 53,4 k € |
| Operating result | -9,8 k € | -311% | -2,4 k € | +40.4% | -4 k € | -65.3% | -2,4 k € | +40.1% | -4,1 k € | -102% | 167,2 k € | +839% | 17,8 k € | +176% | -23,4 k € | -931% | 2,8 k € | -95.8% | 66,7 k € | +92.9% | 34,6 k € | -28.1% | 48,1 k € | +5.5% | 45,6 k € |
| Net result | 5 k € | -52.1% | 10,5 k € | +39.2% | 7,5 k € | +89.1% | 4 k € | +676% | 514,4 € | -99.7% | 152,8 k € | +149% | 61,4 k € | +139% | -158,2 k € | -1112% | 15,6 k € | -95.7% | 367 k € | +201% | -364,2 k € | -164% | 572,9 k € | +746% | 67,8 k € |
| Balance sheet | |||||||||||||||||||||||||
| Equity | 547,9 k € | +0.9% | 542,9 k € | +2.0% | 532,4 k € | +1.4% | 524,8 k € | +0.8% | 520,8 k € | +59.5% | 326,5 k € | -72.8% | 1,2 M € | +4.6% | 1,1 M € | -12.1% | 1,3 M € | -5.9% | 1,4 M € | +50.0% | 923,8 k € | -38.1% | 1,5 M € | +19.6% | 1,2 M € |
| Total assets | 972 k € | -0.3% | 974,6 k € | +55.7% | 625,9 k € | -35.7% | 973 k € | +3.1% | 944,2 k € | -41.8% | 1,6 M € | +11.7% | 1,5 M € | -20.6% | 1,8 M € | -6.8% | 2 M € | -3.0% | 2 M € | +43.1% | 1,4 M € | -28.2% | 2 M € | +13.5% | 1,7 M € |
| Cash | 8,9 k € | -71.2% | 31,1 k € | -34.6% | 47,5 k € | -44.1% | 85,1 k € | -2.4% | 87,2 k € | -41.0% | 147,8 k € | +8.3% | 136,5 k € | -2.4% | 139,9 k € | +61.3% | 86,7 k € | -69.1% | 280,8 k € | +31.5% | 213,5 k € | +1123% | 17,4 k € | -84.2% | 110,4 k € |
| Debts | 392,5 k € | -1.9% | 400,2 k € | +546% | 61,9 k € | -84.4% | 398,2 k € | +2.3% | 389,4 k € | -70.0% | 1,3 M € | +409% | 254,9 k € | -62.8% | 685,4 k € | +3.9% | 659,9 k € | +3.2% | 639,3 k € | +30.2% | 491,1 k € | +2.9% | 477,1 k € | -2.1% | 487,3 k € |
| Other | |||||||||||||||||||||||||
| Workforce | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 28 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Maatschap Demiddel● Active | 0726.943.140 |
Mojo● Active | 1030.724.968 |
OXALIS● Active | 0439.641.810 |
PABLO● Active | 0444.638.793 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/08/2026 | 02/09/2025 | 30/08/2024 | 31/08/2023 | 11/08/2022 | 01/07/2021 |
| General meeting | 29/08/2026 | 23/08/2025 | 10/08/2024 | 31/08/2023 | 27/07/2022 | 28/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 29/08/2026 | 31/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 23/08/2025 | 02/09/2025 | Dutch | |
| Abridged model | 31/12/2023 | 10/08/2024 | 30/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 31/08/2023 | 31/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 27/07/2022 | 11/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 28/06/2021 | 01/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/09/2020 | 07/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 14/07/2019 | 29/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 28/08/2018 | 29/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 06/05/2017 | 30/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 07/05/2016 | 30/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 02/05/2015 | 24/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 03/05/2014 | 25/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 29/08/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/08/2012 | 31/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 07/05/2011 | 10/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 03/05/2010 | 06/05/2010 | Dutch | |
| Abridged model | 31/12/2008 | 02/05/2009 | 09/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 03/05/2008 | 06/05/2008 | Dutch | |
| Abridged model | 31/12/2006 | 05/05/2007 | 31/05/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 28 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other19/12/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates23/03/2020ONTSLAGEN - BENOEMINGEN
- Mandates27/11/2019ONTSLAGEN - BENOEMINGEN
- Mandates25/10/2013ONTSLAGEN - BENOEMINGEN
- Mandates16/05/2013ONTSLAGEN - BENOEMINGEN
- Mandates27/07/2007ONTSLAGEN - BENOEMINGEN
- Mandates03/02/2003ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20255 k €↓
- 2024Annual accounts 202410,5 k €↑
- 2023Annual accounts 20237,5 k €↑
- 2022Annual accounts 20224 k €↑
- 2021Annual accounts 2021514,4 €↓
- 2013Annual accounts 2013152,8 k €↑
- 2012Annual accounts 201261,4 k €↑
- 2011Annual accounts 2011-158,2 k €↓
- 2010Annual accounts 201015,6 k €↓
- 2009Annual accounts 2009367 k €↑
- 2008Annual accounts 2008-364,2 k €↓
- 2007Annual accounts 2007572,9 k €↑
- 2006Annual accounts 200667,8 k €
- 01/04/1973IncorporationPublic limited company