ACTIVE

KANDOR

Financial year 2025 · closed on 31/12/2025
Net result
-2,8 k €
+53.8% YoY
Gross margin
-377,7 €
+89.5% YoY
Equity
-3,3 M €
-0.1% YoY

What does KANDOR do?

KANDOR is a Private company with limited liability incorporated in 2006. Its registered office is in Verviers.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0881.196.597
Incorporation
09/05/2006
Legal form
Private company with limited liability
Registered office
Rue de la Concorde 27
4800 Verviers · WallonieSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Signals
Good liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201220112010200920082007
Income statement
Gross margin-377,7 €-3,6 k €-1,2 k €-1,5 k €-5 k €-10,2 k €-13,3 k €-12,8 k €-16,2 k €-22,9 k €-24,2 k €-89,3 k €-13 k €147,3 k €38,4 k €54,3 k €82,5 k €26,8 k €
EBITDA-622,7 €-3,9 k €-1,4 k €-1,7 k €-5,4 k €-10,4 k €-13,5 k €-13 k €-16,4 k €-26,1 k €-27,6 k €-89,3 k €-13,5 k €146,8 k €37,9 k €53,6 k €75,6 k €26,1 k €
Operating result-2,7 k €-6 k €-3,5 k €-3,8 k €-7,5 k €-12,5 k €-15,6 k €-15,1 k €-18,5 k €-28,2 k €-94,1 k €-89,3 k €-13,5 k €144,7 k €35,4 k €53,2 k €75,2 k €25,2 k €
Net result-2,8 k €-6,1 k €-3,8 k €-3,9 k €-55,6 k €-156,8 k €-137,1 k €-440,4 k €-497,3 k €-754 k €-511,4 k €-894,6 k €-13,8 k €96 k €18,3 k €36,5 k €40,8 k €7,1 k €
Balance sheet
Equity-3,3 M €-3,3 M €-3,3 M €-3,3 M €-3,3 M €-3,2 M €-3,1 M €-2,9 M €-2,5 M €-2 M €-1,2 M €-724,4 k €181,2 k €195 k €99 k €80,7 k €66,5 k €25,7 k €
Total assets3 M €3 M €4,1 M €4,1 M €4,2 M €4,2 M €4,2 M €4,2 M €4,2 M €4,3 M €4,3 M €4 M €310,4 k €525 k €250,9 k €348,5 k €236,4 k €226,7 k €
Cash16 k €894,2 €61,8 €54 €193,2 €3,8 k €659 €8,8 k €1,4 k €604 €9,1 k €37,4 €18,3 €330,2 €16,8 €93,2 €435,9 €796,8 €
Debts6,3 M €6,3 M €7,3 M €7,3 M €7,4 M €7,4 M €7,3 M €7,2 M €6,7 M €6,3 M €5,6 M €4,7 M €129,2 k €329,4 k €150,9 k €267,3 k €169,9 k €201,1 k €
Other
Workforce0,3 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

PATRICK LE JUSTE

Mandate

Active

Ended mandates

Ugur KANDEMIR

Manager · since 05 mai 2006

Ended
EMILIE LE JUSTE

Manager

Ended
STEPHANIE TEIXEIRA

Manager

Ended
UGUR KANDEMIR

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
0886.105.589
0718.970.829
0763.319.328
0761.966.474
0763.319.427
0761.966.573
0824.204.248
0479.867.413
IMMO BILLActive
0846.619.265
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro 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 date21/08/202628/08/202530/08/202420/10/202327/08/202209/08/2021
General meeting23/06/202624/06/202525/06/202427/06/202328/06/202222/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202523/06/202621/08/2026FrenchPDF
Micro model31/12/202424/06/202528/08/2025FrenchPDF
Micro model31/12/202325/06/202430/08/2024FrenchPDF
Micro model31/12/202227/06/202320/10/2023FrenchPDF
Micro model31/12/202128/06/202227/08/2022FrenchPDF
Micro model31/12/202022/06/202109/08/2021FrenchPDF
Micro model31/12/201923/06/202030/10/2020FrenchPDF
Micro model31/12/201825/06/201926/08/2019FrenchPDF
Micro model31/12/201726/06/201829/08/2018FrenchPDF
Micro model31/12/201627/06/201730/08/2017FrenchPDF
Abridged model31/12/201528/06/201630/08/2016FrenchPDF
Abridged model31/12/201423/06/201528/08/2015FrenchPDF
Abridged model31/12/201225/06/201304/09/2013FrenchPDF
Abridged model31/12/201126/06/201206/07/2012FrenchPDF
Abridged model31/12/201028/06/201124/08/2011FrenchPDF
Abridged model31/12/200922/06/201020/08/2010FrenchPDF
Abridged model31/12/200823/06/200928/08/2009FrenchPDF
Abridged model31/12/200724/06/200819/08/2008FrenchPDF
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 31/12/2025 · 1 active · 4 ended

Active mandates

PATRICK LE JUSTE

Mandate

Active

Ended mandates

Ugur KANDEMIR

Manager · since 05 mai 2006

Ended
EMILIE LE JUSTE

Manager

Ended
STEPHANIE TEIXEIRA

Manager

Ended
UGUR KANDEMIR

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/06/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/05/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/07/2015
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office02/09/2013
    SIEGE SOCIAL
    PDF
  • Registered office19/09/2008
    SIEGE SOCIAL
    PDF
  • Other18/05/2006
    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 2025-2,8 k €
  2. 2024
    Annual accounts 2024-6,1 k €
  3. 2023
    Annual accounts 2023-3,8 k €
  4. 2022
    Annual accounts 2022-3,9 k €
  5. 2021
    Annual accounts 2021-55,6 k €
  6. 2020
    Annual accounts 2020-156,8 k €
  7. 2019
    Annual accounts 2019-137,1 k €
  8. 2018
    Annual accounts 2018-440,4 k €
  9. 2017
    Annual accounts 2017-497,3 k €
  10. 2016
    Annual accounts 2016-754 k €
  11. 2015
    Annual accounts 2015-511,4 k €
  12. 2014
    Annual accounts 2014-894,6 k €
  13. 2012
    Annual accounts 2012-13,8 k €
  14. 2011
    Annual accounts 201196 k €
  15. 2010
    Annual accounts 201018,3 k €
  16. 2009
    Annual accounts 200936,5 k €
  17. 2008
    Annual accounts 200840,8 k €
  18. 2007
    Annual accounts 20077,1 k €
  19. 09/05/2006
    IncorporationPrivate company with limited liability