NORMAL SITUATION

KAAI

Financial year 2024 · closed on 31/12/2024
Net result
121,8 k €
+587.9% YoY
Gross margin
164,8 k €
+1022.2% YoY
Equity
1,3 M €
+10.0% YoY
Workforce
0,0 ETP

Company — Normal situation.

What does KAAI do?

KAAI is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0475.105.604
Legal form
Public limited company
Contributed capital
852 000,00 €
Latest accounts
31/12/2024
Average workforce
0,0 ETP
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin164,8 k €-17,9 k €-33,1 k €384,8 k €13,4 k €25,1 k €28 k €70,8 k €67,9 k €36 k €51,6 k €49,4 k €51,5 k €60,8 k €53,7 k €51,4 k €47,1 k €47,1 k €42,8 k €
EBITDA155,3 k €-19,7 k €-53,9 k €364,3 k €-7,3 k €5,4 k €28 k €59 k €56,3 k €36 k €51,6 k €49,4 k €51,5 k €60,8 k €53,7 k €51,4 k €47,1 k €47,1 k €42,8 k €
Operating result155,3 k €-19,7 k €-55 k €364,1 k €-7,3 k €5,4 k €28 k €59 k €56,3 k €36 k €51,6 k €49,4 k €51,5 k €60,8 k €53,7 k €-3,4 k €-7,6 k €-7,6 k €-11,9 k €
Net result121,8 k €-25 k €-67 k €267,9 k €-8,7 k €5,4 k €24,9 k €54,9 k €51,3 k €30,2 k €44,6 k €41,2 k €42,4 k €50 k €42,2 k €-16,3 k €-20,9 k €-18,2 k €-24,6 k €
Balance sheet
Equity1,3 M €1,2 M €1,2 M €1,3 M €1 M €1 M €1 M €1 M €964,1 k €912,8 k €882,7 k €838,1 k €796,9 k €754,5 k €704,5 k €662,2 k €678,5 k €699,5 k €717,7 k €
Total assets1,9 M €2,4 M €2,2 M €1,6 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €
Cash3,4 k €315,3 k €335,8 k €4 k €89,6 k €125,8 k €147,3 k €146,2 k €114,1 k €84,8 k €75,8 k €51,3 k €29,2 k €5,1 k €17,7 k €5,4 k €4,1 k €31,4 k €19,6 k €
Debts512,2 k €1,1 M €898,4 k €238 k €212,3 k €237,9 k €264,8 k €288,5 k €311,4 k €333,3 k €354,4 k €374,5 k €393,7 k €412 k €474,5 k €500,3 k €537,5 k €472,8 k €487,6 k €
Other
Workforce0,0 ETP0,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 9 ended

Active mandates

NITOR

Director · since 08 octobre 2021 · until 08 octobre 2027 · 0872.714.344

Represented by Johan BAETEN

Active
Phirok

Director · since 08 octobre 2021 · until 08 octobre 2027 · 0809.314.649

Represented by Philip ROKEGEM

Active
DELTAHOLD

Director · since 22 septembre 2021 · until 22 septembre 2027 · 0887.863.071

Represented by Didier LAPIN

Active

Ended mandates

NITOR

Director · since 08 octobre 2021 · until 08 octobre 2027 · 0872.714.344

Represented by Johan Baeten

Ended
Phirok

Director · since 08 octobre 2021 · until 08 octobre 2027 · 0809.314.649

Represented by Philip Rokegem

Ended
DELTAHOLD

Director · since 22 septembre 2021 · until 22 septembre 2027 · 0887.863.071

Represented by Didier Lapin

Ended
Kris De Clercq

Manager · since 16 juin 2018

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202507/10/202431/08/202331/08/202218/08/202120/08/2020
General meeting26/08/202501/10/202431/08/202331/07/202230/05/202130/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202426/08/202529/08/2025DutchPDF
Abridged model31/12/202301/10/202407/10/2024DutchPDF
Micro model31/12/202231/08/202331/08/2023DutchPDF
Micro model31/12/202131/07/202231/08/2022DutchPDF
Micro model31/12/202030/05/202118/08/2021DutchPDF
Micro model31/12/201930/05/202020/08/2020DutchPDF
Micro model31/12/201826/05/201908/08/2019DutchPDF
Micro model31/12/201730/06/201805/07/2018DutchPDF
Micro model31/12/201630/06/201721/08/2017DutchPDF
Abridged model31/12/201530/06/201617/08/2016DutchPDF
Abridged model31/12/201430/06/201518/08/2015DutchPDF
Abridged model31/12/201330/06/201412/08/2014DutchPDF
Abridged model31/12/201230/06/201321/08/2013DutchPDF
Abridged model31/12/201130/06/201229/08/2012DutchPDF
Abridged model31/12/201030/06/201129/08/2011DutchPDF
Abridged model31/12/200930/06/201018/08/2010DutchPDF
Abridged model31/12/200830/06/200924/08/2009DutchPDF
Abridged model31/12/200730/06/200831/07/2008DutchPDF
Abridged model31/12/200630/06/200725/07/2007DutchPDF
Abridged model31/12/200530/06/200625/07/2006DutchPDF
Abridged model31/12/200430/06/200527/07/2005DutchPDF
Abridged model31/12/200330/06/200428/07/2004DutchPDF
Abridged model31/12/200230/06/200314/07/2003DutchPDF
Estimate

Indicative valuation

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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 9 ended

Active mandates

NITOR

Director · since 08 octobre 2021 · until 08 octobre 2027 · 0872.714.344

Represented by Johan BAETEN

Active
Phirok

Director · since 08 octobre 2021 · until 08 octobre 2027 · 0809.314.649

Represented by Philip ROKEGEM

Active
DELTAHOLD

Director · since 22 septembre 2021 · until 22 septembre 2027 · 0887.863.071

Represented by Didier LAPIN

Active

Ended mandates

NITOR

Director · since 08 octobre 2021 · until 08 octobre 2027 · 0872.714.344

Represented by Johan Baeten

Ended
Phirok

Director · since 08 octobre 2021 · until 08 octobre 2027 · 0809.314.649

Represented by Philip Rokegem

Ended
DELTAHOLD

Director · since 22 septembre 2021 · until 22 septembre 2027 · 0887.863.071

Represented by Didier Lapin

Ended
Kris De Clercq

Manager · since 16 juin 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring06/03/2025
    Geruisloze fusie door overneming
    PDF
  • Restructuring27/12/2024
    Voorstel tot fusie door overneming
    PDF
  • Mandates15/10/2021
    WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/01/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024121,8 k €
  2. 2023
    Annual accounts 2023-25 k €
  3. 2022
    Annual accounts 2022-67 k €
  4. 2021
    Annual accounts 2021267,9 k €
  5. 2020
    Annual accounts 2020-8,7 k €
  6. 2019
    Annual accounts 20195,4 k €
  7. 2018
    Annual accounts 201824,9 k €
  8. 2017
    Annual accounts 201754,9 k €
  9. 2016
    Annual accounts 201651,3 k €
  10. 2015
    Annual accounts 201530,2 k €
  11. 2014
    Annual accounts 201444,6 k €
  12. 2013
    Annual accounts 201341,2 k €
  13. 2012
    Annual accounts 201242,4 k €
  14. 2011
    Annual accounts 201150 k €
  15. 2010
    Annual accounts 201042,2 k €
  16. 2009
    Annual accounts 2009-16,3 k €
  17. 2008
    Annual accounts 2008-20,9 k €
  18. 2007
    Annual accounts 2007-18,2 k €
  19. 2006
    Annual accounts 2006-24,6 k €