ACTIVE

KALE

Export PDF
Financial year 2025 · closed on 30/09/2025
Net result
7 k €
-58.2% YoY
Gross margin
73,6 k €
-21.3% YoY
Equity
48,3 k €
+16.9% YoY

What does KALE do?

KALE is a Private limited company incorporated in 2015. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0643.897.282
Incorporation
07/12/2015
Legal form
Private limited company
Registered office
Zwijnaardsesteenweg 722
9000 Gent · FlandreSee on map
Latest accounts
30/09/2025
Activities (NACE)
10712Manufacture of bread; manufacture of fresh pastry goods and cakes· main10712Manufacture of bread; manufacture of fresh pastry goods and cakes47110Retail sale in non-specialised stores with food, beverages or tobacco predominating47112Retail sale in non-specialised stores with food, beverages or tobacco predominating47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin73,6 k €93,6 k €56,4 k €35,2 k €28,6 k €45 k €60,5 k €32,8 k €43,4 k €
EBITDA15,4 k €27,9 k €13,3 k €8,1 k €-5,7 k €14,5 k €25,6 k €8,1 k €2,8 k €
Operating result13,2 k €25,4 k €9,6 k €4,4 k €-9,4 k €11,6 k €24,5 k €8,1 k €1,7 k €
Net result7 k €16,7 k €7,6 k €3,1 k €-9,8 k €5,1 k €14,5 k €5,3 k €875,6 €
Balance sheet
Equity48,3 k €41,4 k €32,8 k €25,2 k €22,1 k €31,9 k €26,8 k €12,4 k €7,1 k €
Total assets139,5 k €70,5 k €45,5 k €48,2 k €33 k €42,4 k €35,3 k €28 k €15,4 k €
Cash51,5 k €30,6 k €24,3 k €24,5 k €11,9 k €12,1 k €25,5 k €8,2 k €4,1 k €
Debts78,7 k €21,1 k €12,7 k €23,1 k €10,9 k €10,4 k €8,5 k €15,1 k €8,3 k €
Other
Workforce––––––––1,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Yusuf Dogan

Mandate

Active

Ended mandates

YUSUF DOGAN

Director

Ended
YUSUF DOGAN

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202630/06/202507/06/202407/11/202320/11/202230/04/2021
General meeting27/03/202628/03/202529/03/202431/03/202325/03/202226/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202527/03/202630/06/2026DutchPDF
Micro model30/09/202428/03/202530/06/2025DutchPDF
Micro model30/09/202329/03/202407/06/2024DutchPDF
Micro model30/09/202231/03/202307/11/2023DutchPDF
Micro model30/09/202125/03/202220/11/2022DutchPDF
Micro model30/09/202026/03/202130/04/2021DutchPDF
Micro model30/09/201927/03/202030/04/2021DutchPDF
Micro model30/09/201829/03/201930/04/2019DutchPDF
Abridged model30/09/201730/03/201804/05/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 30/09/2025 · 1 active · 2 ended

Active mandates

Yusuf Dogan

Mandate

Active

Ended mandates

YUSUF DOGAN

Director

Ended
YUSUF DOGAN

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other21/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other16/12/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20257 k €↓
  2. 2024
    Annual accounts 202416,7 k €↑
  3. 2023
    Annual accounts 20237,6 k €↑
  4. 2022
    Annual accounts 20223,1 k €↑
  5. 2021
    Annual accounts 2021-9,8 k €↓
  6. 2020
    Annual accounts 20205,1 k €↓
  7. 2019
    Annual accounts 201914,5 k €↑
  8. 2018
    Annual accounts 20185,3 k €↑
  9. 2017
    Annual accounts 2017875,6 €
  10. 07/12/2015
    IncorporationPrivate limited company