C.CAD
InactiveC.CAD was declared bankrupt on 27-01-2022 (Tribunal de l’entreprise de Liège, division Namur); the bankruptcy was closed by liquidation by judgment of 15-11-2023, published in the Belgian State Gazette on 28-12-2023.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
94 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 63 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
-€48,812▼ 16.8%
2019 · -€41,780
Total assets
€110,301▲ 129%
2019 · €48,246
Net result
-€7,032
2019 · €3,467
Working capital
-€46,964▲ 1.7%
2019 · -€47,758
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€19,495-€7,413▼ 62.0%-€5,600
Net result€15,467-€3,467▼ 77.6%-€7,032
Equity-€45,247--€41,780▲ 7.7%-€48,812▼ 16.8%
Total assets€51,029-€48,246▼ 5.5%€110,301▲ 129%
Debt€96,276-€90,026▼ 6.5%€159,112▲ 76.7%
Working capital-€53,564--€47,758▲ 10.8%-€46,964▲ 1.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €5,600 after €7,413 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €110,301
Fixed assets
€9,651 ▼ 55.1%
Current assets
€100,650 ▲ 276%
Key figures and ratios
EBITDA
€6,260▼
2019 · €20,974
Cash flow
€4,829▼
2019 · €17,028
Solvency
-44.3%▲
2019 · -86.6%
Current ratio
0.68▲
2019 · 0.36
Quick ratio
0.64▲
2019 · 0.27
Debt to equity
-0.24▲
2019 · -0.37
ROA
-6.4%▼
2019 · 7.2%
Debt ≤ 1 year
€147,613▲
2019 · €74,493
Debt > 1 year
€11,499▼
2019 · €15,533
Income taxes
€31▼
2019 · €126
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,661 | €13,561 | €11,861 | ▼ 12.5% |
| Gross operating margin9900 | €139,206 | €142,293 | €77,736 | ▼ 45.4% |
| Operating profit (loss)9901 | €19,495 | €7,413 | -€5,600 | ▼ 176% |
| Recurring financial income75 | - | €0 | - | - |
| Recurring financial charges65 | €3,779 | €3,820 | €1,400 | ▼ 63.3% |
| Profit (loss) for the period before taxes9903 | €15,716 | €3,593 | -€7,001 | ▼ 295% |
| Income taxes67/77 | €249 | €126 | €31 | ▼ 75.3% |
| Profit (loss) for the period9904 | €15,467 | €3,467 | -€7,032 | ▼ 303% |
| Profit (loss) for the period to be appropriated9905 | €15,467 | €3,467 | -€7,032 | ▼ 303% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €51,029 | €48,246 | €110,301 | ▲ 129% |
| Fixed assets21/28 | €32,369 | €21,511 | €9,651 | ▼ 55.1% |
| Tangible fixed assets22/27 | €29,803 | €18,945 | €7,084 | ▼ 62.6% |
| Financial fixed assets28 | €2,566 | €2,566 | €2,566 | = |
| Current assets29/58 | €18,660 | €26,735 | €100,650 | ▲ 276% |
| Stocks and contracts in progress3 | €8,128 | €6,672 | €6,672 | = |
| Amounts receivable within one year40/41 | €2,378 | €9,225 | €27,042 | ▲ 193% |
| Cash at bank and in hand54/58 | €1,682 | €5,642 | €57,971 | ▲ 928% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €51,029 | €48,246 | €110,301 | ▲ 129% |
| Equity10/15 | -€45,247 | -€41,780 | -€48,812 | ▼ 16.8% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€65,707 | -€62,240 | -€69,272 | ▼ 11.3% |
| Amounts payable17/49 | €96,276 | €90,026 | €159,112 | ▲ 76.7% |
| Amounts payable after more than one year17 | €24,052 | €15,533 | €11,499 | ▼ 26.0% |
| Amounts payable within one year42/48 | €72,224 | €74,493 | €147,613 | ▲ 98.2% |
| Trade debts44 | €13,438 | - | €1,257 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,467 | €3,467 | -€7,032 | ▼ 303% |
| + Depreciation and write-downs630 | €14,661 | €13,561 | €11,861 | ▼ 12.5% |
| Operating cash flow (approximation) | €30,128 | €17,028 | €4,829 | ▼ 71.6% |
| Investment in fixed assets (approximation) | - | -€2,703 | €0 | ▲ 100% |
| Change in cash | - | €3,960 | €52,329 | ▲ 1,221% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
28-12
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Namur · event 15-11-2023
2022
02-02
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 27-01-2022
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€7,032
Net result drops to -€7,032, the lowest in the series.
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 122 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 61 days late
2014
15-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 76 days late
2013
20-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 51 days late
2012
11-10
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 72 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MURIELLE DELFORGE CHAUSSEE DE DINANT 776,
5100 04 WEPION |
27-01-2022 → 15-11-2023 |