ACTIVE

KADER 20

Financial year 2025 · closed on 31/12/2025
Net result
501,7 k €
+21.3% YoY
Gross margin
1,2 M €
+22.0% YoY
Equity
1,6 M €
+23.3% YoY
Workforce
8,4 ETP
+16.7% YoY

What does KADER 20 do?

KADER 20 is a Private limited company incorporated in 2010. Its main activity is: Manufacture of other fabricated metal products n.e.c.. Its registered office is in Wommelgem. It employs on average 8,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0824.341.335
Incorporation
23/03/2010
Legal form
Private limited company
Registered office
Sint-Jansveld 12
2160 Wommelgem · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
31/12/2025
Average workforce
8,4 ETP
Joint committees (1)
  • 100
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin1,2 M €946,9 k €1 M €847,8 k €606,1 k €691,6 k €604,8 k €608,8 k €618,9 k €514,1 k €356,4 k €351,3 k €321,8 k €276,9 k €181,9 k €65,1 k €
EBITDA709,8 k €571,4 k €630,4 k €514 k €320,2 k €357,1 k €233 k €242,7 k €301,5 k €249,6 k €99,7 k €124,5 k €106 k €100 k €80 k €39,4 k €
Operating result669,8 k €542,5 k €591,3 k €482 k €314,3 k €314,2 k €212,5 k €148,6 k €244,9 k €113,4 k €65,6 k €91,4 k €71,7 k €71,4 k €50,9 k €21,2 k €
Net result501,7 k €413,6 k €442,8 k €355,5 k €232,5 k €234,6 k €140,7 k €94,7 k €155,6 k €67,8 k €36 k €53,7 k €37,3 k €38,6 k €25,9 k €8,9 k €
Balance sheet
Equity1,6 M €1,3 M €1,1 M €836,8 k €721,3 k €488,9 k €464,2 k €368,5 k €333,9 k €238,3 k €200,4 k €194,4 k €140,7 k €103,4 k €64,8 k €38,9 k €
Total assets2,2 M €1,8 M €1,7 M €1,3 M €928,8 k €966,1 k €848,6 k €886,6 k €869,9 k €635,5 k €542,5 k €551,6 k €542,3 k €453,3 k €493,8 k €372,3 k €
Cash1,1 M €946,1 k €330,5 k €735,1 k €411,6 k €425 k €178,6 k €215,8 k €252,1 k €115 k €166,3 k €38,5 k €49,3 k €32,8 k €113,7 k €62,5 k €
Debts567,6 k €548,7 k €603,8 k €420,8 k €207,5 k €449,8 k €356,9 k €490,6 k €528 k €388,9 k €341,2 k €357 k €401,3 k €343,8 k €405,1 k €332,1 k €
Other
Workforce8,4 ETP7,2 ETP8,6 ETP7,5 ETP6,6 ETP8,6 ETP8,7 ETP8,3 ETP7,4 ETP6,1 ETP6,0 ETP5,3 ETP5,1 ETP4,2 ETP2,7 ETP0,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

Gert Aerts

Director

Active

Ended mandates

AIR 4 ALL

Manager · 0874.127.475

Represented by Bruno De Wever

Ended
Gert Johan Aerts

Director

Ended
Gert Johan Aerts

Manager

Ended
RY 20

Manager · 0507.776.885

Represented by Yves ROOVERS

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date24/08/202628/08/202512/07/202424/07/202329/06/202214/07/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202624/08/2026DutchPDF
Abridged model31/12/202427/06/202528/08/2025DutchPDF
Abridged model31/12/202328/06/202412/07/2024DutchPDF
Abridged model31/12/202230/06/202324/07/2023DutchPDF
Abridged model31/12/202124/06/202229/06/2022DutchPDF
Abridged model31/12/202025/06/202114/07/2021DutchPDF
Abridged model31/12/201926/06/202030/07/2020DutchPDF
Abridged model31/12/201828/06/201913/08/2019DutchPDF
Abridged model31/12/201729/06/201816/07/2018DutchPDF
Abridged model31/12/201630/06/201707/07/2017DutchPDF
Abridged model31/12/201524/06/201630/08/2016DutchPDF
Abridged model31/12/201426/06/201507/07/2015DutchPDF
Abridged model31/12/201327/06/201401/08/2014DutchPDF
Abridged model31/12/201228/06/201319/07/2013DutchPDF
Abridged model31/12/201129/06/201212/07/2012DutchPDF
Abridged model31/12/201024/06/201108/07/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 14 ended

Active mandates

Gert Aerts

Director

Active

Ended mandates

AIR 4 ALL

Manager · 0874.127.475

Represented by Bruno De Wever

Ended
Gert Johan Aerts

Director

Ended
Gert Johan Aerts

Manager

Ended
RY 20

Manager · 0507.776.885

Represented by Yves ROOVERS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other16/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates20/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/04/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/07/2010
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other08/04/2010
    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 2025501,7 k €
  2. 2024
    Annual accounts 2024413,6 k €
  3. 2023
    Annual accounts 2023442,8 k €
  4. 2022
    Annual accounts 2022355,5 k €
  5. 2021
    Annual accounts 2021232,5 k €
  6. 2020
    Annual accounts 2020234,6 k €
  7. 2019
    Annual accounts 2019140,7 k €
  8. 2018
    Annual accounts 201894,7 k €
  9. 2017
    Annual accounts 2017155,6 k €
  10. 2016
    Annual accounts 201667,8 k €
  11. 2015
    Annual accounts 201536 k €
  12. 2014
    Annual accounts 201453,7 k €
  13. 2013
    Annual accounts 201337,3 k €
  14. 2012
    Annual accounts 201238,6 k €
  15. 2011
    Annual accounts 201125,9 k €
  16. 2010
    Annual accounts 20108,9 k €
  17. 23/03/2010
    IncorporationPrivate limited company