ACTIVE

KADONATION

Financial year 2025 · closed on 31/03/2025
Net result
-893,4 k €
+6.3% YoY
Revenue
16 M €
Equity
-3,6 M €
-33.4% YoY
Workforce
26,2 ETP
-2.2% YoY

What does KADONATION do?

KADONATION is a Public limited company incorporated in 2016. Its registered office is in Gent. It employs on average 26,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0666.820.362
Incorporation
30/11/2016
Legal form
Public limited company
Registered office
Gordunakaai 61
9000 Gent · FlandreSee on map
Contributed capital
1 136 608,58 €
Latest accounts
31/03/2025
Average workforce
26,2 ETP
Joint committees (3)
  • 200
  • 2000
  • 20000
Signals
Healthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022201920182017
Income statement
Revenue16 M €180,3 k €58,4 k €
EBITDA-152,4 k €-441,9 k €-1,4 M €-464,3 k €-381,8 k €-282 k €-129,2 k €
Operating result-670,4 k €-800,7 k €-1,6 M €-575,7 k €-396,3 k €-293,9 k €-140,5 k €
Net result-893,4 k €-953 k €-1,7 M €-654,5 k €-398,8 k €-294,7 k €-140,8 k €
Balance sheet
Equity-3,6 M €-2,7 M €-1,7 M €27,3 k €686,5 k €335,6 k €130,4 k €
Total assets5,7 M €8,2 M €4,1 M €4,7 M €1,6 M €824,4 k €168,3 k €
Cash1 M €1,8 M €1,6 M €2,4 M €1 M €432,8 k €60,1 k €
Debts9,2 M €10,9 M €5,8 M €4,7 M €902 k €488,8 k €37,9 k €
Other
Workforce26,2 ETP26,8 ETP25,0 ETP17,3 ETP4,0 ETP
Governance

Board of directors

Seen on filing of 31/03/2025 · 7 active · 24 ended

Active mandates

Kwokka

Director · since 21 septembre 2022 · until 19 septembre 2029 · 0789.227.434

Represented by Sven DE LANGHE

Active
Soveev

Director · since 21 septembre 2022 · until 19 septembre 2029 · 0779.735.884

Represented by Jelle VAN ROOSBROECK

Active
Smilemore

Managing director · since 15 septembre 2021 · until 19 septembre 2029 · 0764.297.147

Represented by Fabrice Guillermin

Active
MERISCO

Director · since 27 décembre 2019 · until 19 septembre 2029 · 0475.697.995

Represented by Guido Beazar

Active
Harry Demey

Director · since 08 février 2017 · until 19 septembre 2029

Active
Luc Van Mol

Director · since 08 février 2017 · until 19 septembre 2029

Active
Rogier Verbruggen

Director · since 08 février 2017 · until 19 septembre 2029

Active

Ended mandates

Kwokka

Director · since 21 septembre 2022 · 0789.227.434

Represented by Sven DE LANGHE

Ended
Soveev

Director · since 21 septembre 2022 · 0779.735.884

Represented by Jelle VAN ROOSBROECK

Ended
Smilemore

Managing director · since 15 septembre 2021 · 0764.297.147

Represented by Fabrice Guillermin

Ended
Sven De Langhe

Director · since 22 décembre 2020

Ended
Annual accounts

Full financial information

202520242023202220212019
Type of accountFull modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/01/202001/01/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/12/2019
Length of the financial year12 months12 months12 months12 months15 months12 months
Filing date30/10/202518/10/202430/10/202320/10/202215/10/202110/08/2020
General meeting30/09/202518/09/202430/09/202321/09/202215/09/202120/05/2020
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202530/09/202530/10/2025DutchPDF
Abridged model31/03/202418/09/202418/10/2024DutchPDF
Abridged model31/03/202330/09/202330/10/2023DutchPDF
Abridged model31/03/202221/09/202220/10/2022DutchPDF
Abridged model31/03/202115/09/202115/10/2021DutchPDF
Abridged model31/12/201920/05/202010/08/2020DutchPDF
Micro model31/12/201805/06/201923/07/2019DutchPDF
Micro model31/12/201716/05/201813/08/2018DutchPDF
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 31/03/2025 · 7 active · 24 ended

Active mandates

Kwokka

Director · since 21 septembre 2022 · until 19 septembre 2029 · 0789.227.434

Represented by Sven DE LANGHE

Active
Soveev

Director · since 21 septembre 2022 · until 19 septembre 2029 · 0779.735.884

Represented by Jelle VAN ROOSBROECK

Active
Smilemore

Managing director · since 15 septembre 2021 · until 19 septembre 2029 · 0764.297.147

Represented by Fabrice Guillermin

Active
MERISCO

Director · since 27 décembre 2019 · until 19 septembre 2029 · 0475.697.995

Represented by Guido Beazar

Active
Harry Demey

Director · since 08 février 2017 · until 19 septembre 2029

Active
Luc Van Mol

Director · since 08 février 2017 · until 19 septembre 2029

Active
Rogier Verbruggen

Director · since 08 février 2017 · until 19 septembre 2029

Active

Ended mandates

Kwokka

Director · since 21 septembre 2022 · 0789.227.434

Represented by Sven DE LANGHE

Ended
Soveev

Director · since 21 septembre 2022 · 0779.735.884

Represented by Jelle VAN ROOSBROECK

Ended
Smilemore

Managing director · since 15 septembre 2021 · 0764.297.147

Represented by Fabrice Guillermin

Ended
Sven De Langhe

Director · since 22 décembre 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/04/2021
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates31/12/2019
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    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 2025-893,4 k €
  2. 2024
    Annual accounts 2024-953 k €
  3. 2023
    Annual accounts 2023-1,7 M €
  4. 2022
    Annual accounts 2022-654,5 k €
  5. 2019
    Annual accounts 2019-398,8 k €
  6. 2018
    Annual accounts 2018-294,7 k €
  7. 2017
    Annual accounts 2017-140,8 k €
  8. 30/11/2016
    IncorporationPublic limited company