ACTIVE

KADEGO

Financial year 2025 · closed on 31/12/2025
Net result
132,3 k €
+11.6% YoY
Gross margin
495,7 k €
+0.7% YoY
Equity
153,6 k €
-58.6% YoY
Workforce
11,3 ETP
+6.6% YoY

What does KADEGO do?

KADEGO is a Private limited company incorporated in 2015. Its main activity is: Non-specialised wholesale trade. Its registered office is in Huy. It employs on average 11,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0642.576.597
Incorporation
02/11/2015
Legal form
Private limited company
Registered office
Quai d'Arona 19 box B
4500 Huy · WallonieSee on map
Contributed capital
25 000,00 €
Latest accounts
31/12/2025
Average workforce
11,3 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin495,7 k €492,2 k €424,3 k €356,6 k €311,7 k €205,5 k €390,8 k €311 k €296,9 k €158,5 k €
EBITDA214,2 k €202,4 k €147,9 k €112,1 k €131,7 k €44,1 k €212,4 k €157,1 k €144,7 k €24 k €
Operating result183,5 k €167,9 k €113,6 k €84,9 k €107,6 k €19,6 k €187,7 k €132 k €119,3 k €-5,6 k €
Net result132,3 k €118,5 k €82,6 k €51,8 k €79,3 k €21 k €128,1 k €80,8 k €76,3 k €-12,1 k €
Balance sheet
Equity153,6 k €371,3 k €327,8 k €265,2 k €213,4 k €169,1 k €178,1 k €170 k €89,2 k €12,9 k €
Total assets731 k €601,5 k €533 k €470,1 k €517,9 k €484 k €503,2 k €489,9 k €483,4 k €471,1 k €
Cash59,2 k €97,1 k €154,8 k €147,8 k €231,7 k €158,4 k €163,4 k €139,1 k €142,9 k €98,4 k €
Debts570,9 k €230,2 k €205,2 k €204,9 k €304,5 k €314,9 k €325,1 k €319,9 k €394,2 k €458,2 k €
Other
Workforce11,3 ETP10,6 ETP7,3 ETP6,8 ETP5,8 ETP6,8 ETP6,1 ETP5,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

UpcircleS

Director · since 17 mars 2023 · 0734.410.259

Represented by Kevin Kaeses

Active

Ended mandates

UpcircleS

Administrator - manager · since 30 septembre 2019 · 0734.410.259

Represented by KEVIN KAESES

Ended
Christian Kairis

Manager · since 02 novembre 2015 · until 30 septembre 2019

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/06/202618/06/202526/06/202412/06/202313/06/202215/06/2021
General meeting11/06/202612/06/202513/06/202408/06/202309/06/202210/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/06/202617/06/2026FrenchPDF
Abridged model31/12/202412/06/202518/06/2025FrenchPDF
Abridged model31/12/202313/06/202426/06/2024FrenchPDF
Abridged model31/12/202208/06/202312/06/2023FrenchPDF
Abridged model31/12/202109/06/202213/06/2022FrenchPDF
Micro model31/12/202010/06/202115/06/2021FrenchPDF
Micro model31/12/201911/06/202017/08/2020FrenchPDF
Abridged model31/12/201813/06/201923/08/2019FrenchPDF
Abridged model31/12/201714/06/201822/08/2018FrenchPDF
Abridged model31/12/201608/06/201721/08/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 31/12/2025 · 1 active · 2 ended

Active mandates

UpcircleS

Director · since 17 mars 2023 · 0734.410.259

Represented by Kevin Kaeses

Active

Ended mandates

UpcircleS

Administrator - manager · since 30 septembre 2019 · 0734.410.259

Represented by KEVIN KAESES

Ended
Christian Kairis

Manager · since 02 novembre 2015 · until 30 septembre 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/03/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/10/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Other12/11/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2025
    Annual accounts 2025132,3 k €
  2. 2024
    Annual accounts 2024118,5 k €
  3. 2023
    Annual accounts 202382,6 k €
  4. 2022
    Annual accounts 202251,8 k €
  5. 2021
    Annual accounts 202179,3 k €
  6. 2020
    Annual accounts 202021 k €
  7. 2019
    Annual accounts 2019128,1 k €
  8. 2018
    Annual accounts 201880,8 k €
  9. 2017
    Annual accounts 201776,3 k €
  10. 2016
    Annual accounts 2016-12,1 k €
  11. 02/11/2015
    IncorporationPrivate limited company