CABEGER
ActiveSummary
CABEGER has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,217 and a net result of €42,580. Equity is growing by about 32% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, micro format
Equity
€84,217▲ 102%
2024 · €41,638
Total assets
€85,989▲ 30.8%
2024 · €65,752
Net result
€42,580▼ 53.4%
2024 · €91,323
Working capital
€51,595▲ 498%
2024 · €8,626
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 36% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€62,251
2025
Net result€42,580
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€85,989
2025
Equity€84,217
2025
Debt€1,772
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€51,595
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€46,450-€156,178▲ 236%€1,191▼ 99.2%€19,056▲ 16×€55,336▲ 190%€441,788▲ 698%€96,919▼ 78.1%€62,251▼ 35.8%
Net result-€137,033-€150,949-€2,775€16,428-€128,532€249,009€91,323▼ 63.3%€42,580▼ 53.4%
Equity-€334,772--€183,823▲ 45.1%-€186,598▼ 1.5%-€170,170▲ 8.8%-€298,694▼ 75.5%-€49,686▲ 83.4%€41,638€84,217▲ 102%
Total assets€281,126-€334,777▲ 19.1%€241,519▼ 27.9%€136,422▼ 43.5%€166,864▲ 22.3%€113,401▼ 32.0%€65,752▼ 42.0%€85,989▲ 30.8%
Debt€615,898-€518,600▼ 15.8%€428,117▼ 17.4%€306,591▼ 28.4%€276,315▼ 9.9%€163,086▼ 41.0%€24,114▼ 85.2%€1,772▼ 92.7%
Working capital-€233,658--€34,200▲ 85.4%-€178,161▼ 421%-€172,202▲ 3.3%-€125,225▲ 27.3%-€80,128▲ 36.0%€8,626€51,595▲ 498%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85,989
Fixed assets
€32,622 ▼ 1.2%
Current assets
€53,367 ▲ 63.0%
Equity and liabilities €85,989
Equity
€84,217 ▲ 102%
Debt
€1,772 ▼ 92.7%
Debt's share of the balance-sheet total falls from 36.7% to 2.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62,643▼
2024 · €97,355
Cash flow
€42,971▼
2024 · €91,760
Current ratio
30.12▲
2024 · 1.36
Debt to equity
0.02▼
2024 · 0.58
ROE
50.6%▼
2024 · 219.3%
ROA
49.5%▼
2024 · 138.9%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€1,772▼
2024 · €24,112
Income taxes
€19,457▲
2024 · €5,157
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €4,250 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,712 | €5,184 | €4,843 | €3,445 | €1,545 | €455 | €437 | €391 | ▼ 10.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €189,244 | -€189,244 | - | - | - |
| Other operating charges640/8 | - | - | - | €2,869 | €7,907 | €3,368 | €3,550 | €2,963 | ▼ 16.5% |
| Gross operating margin9900 | €64,446 | €165,282 | €10,670 | €25,370 | €254,032 | €256,367 | €100,905 | €65,606 | ▼ 35.0% |
| Operating profit (loss)9901 | €46,450 | €156,178 | €1,191 | €19,056 | €55,336 | €441,788 | €96,919 | €62,251 | ▼ 35.8% |
| Financial income75/76B | - | - | - | - | €2 | - | - | €0 | - |
| Recurring financial income75 | €22 | €2 | €4 | - | €2 | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €2,209 | €183,503 | €192,415 | €438 | €215 | ▼ 51.0% |
| Recurring financial charges65 | €182,993 | €4,900 | €3,654 | €2,209 | €183,503 | €192,415 | €438 | €215 | ▼ 51.0% |
| Profit (loss) for the period before taxes9903 | -€136,521 | €151,280 | -€2,459 | €16,847 | -€128,164 | €249,374 | €96,480 | €62,037 | ▼ 35.7% |
| Income taxes67/77 | €512 | €331 | €316 | €419 | €368 | €365 | €5,157 | €19,457 | ▲ 277% |
| Profit (loss) for the period9904 | -€137,033 | €150,949 | -€2,775 | €16,428 | -€128,532 | €249,009 | €91,323 | €42,580 | ▼ 53.4% |
| Profit (loss) for the period to be appropriated9905 | -€137,033 | €150,949 | -€2,775 | €16,428 | -€128,532 | €249,009 | €91,323 | €42,580 | ▼ 53.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €281,126 | €334,777 | €241,519 | €136,422 | €166,864 | €113,401 | €65,752 | €85,989 | ▲ 30.8% |
| Formation expenses20 | - | - | - | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €47,877 | €42,693 | €38,895 | €35,450 | €33,905 | €33,450 | €33,014 | €32,622 | ▼ 1.2% |
| Intangible fixed assets21 | - | - | - | - | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €47,877 | €42,693 | €38,895 | €35,450 | €33,905 | €33,450 | €33,014 | €32,622 | ▼ 1.2% |
| Land and buildings22 | - | - | - | €13,717 | €13,364 | €13,014 | €12,682 | €12,395 | ▼ 2.3% |
| Plant, machinery and equipment23 | - | - | - | €846 | €741 | €637 | €532 | €428 | ▼ 19.6% |
| Furniture and vehicles24 | - | - | - | €20,888 | €19,800 | €19,800 | €19,800 | €19,800 | = |
| Other tangible fixed assets26 | - | - | - | - | - | €0 | €0 | €0 | - |
| Current assets29/58 | €233,249 | €292,084 | €202,624 | €100,971 | €132,959 | €79,951 | €32,738 | €53,367 | ▲ 63.0% |
| Amounts receivable within one year40/41 | €152,643 | €78,033 | €76,746 | €85,299 | €85,993 | €77,261 | €17,525 | €14,751 | ▼ 15.8% |
| Trade receivables40 | - | - | - | €85,299 | €85,993 | €77,226 | €15,934 | - | - |
| Other amounts receivable41 | - | - | - | - | - | €35 | €1,591 | €14,751 | ▲ 827% |
| Current investments50/53 | €12 | €11 | €310 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €80,593 | €14,040 | €120,568 | €15,672 | €46,966 | €2,690 | €15,213 | €38,616 | ▲ 154% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €281,126 | €334,777 | €241,519 | €136,422 | €166,864 | €113,401 | €65,752 | €85,989 | ▲ 30.8% |
| Equity10/15 | -€334,772 | -€183,823 | -€186,598 | -€170,170 | -€298,694 | -€49,686 | €41,638 | €84,217 | ▲ 102% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €6,402 | €6,402 | €6,402 | €6,402 | €6,402 | €6,402 | €23,046 | €65,625 | ▲ 185% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | - | - | €4,543 | €4,543 | €4,543 | €23,046 | €65,625 | ▲ 185% |
| Profit (loss) carried forward14 | -€359,766 | -€208,817 | -€211,592 | -€195,163 | -€323,688 | -€74,680 | - | - | - |
| Provisions and deferred taxes16 | - | - | - | - | €189,244 | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €189,244 | - | - | - | - |
| Other liabilities and charges164/5 | - | - | - | - | €189,244 | - | - | - | - |
| Amounts payable17/49 | €615,898 | €518,600 | €428,117 | €306,591 | €276,315 | €163,086 | €24,114 | €1,772 | ▼ 92.7% |
| Amounts payable after more than one year17 | €145,546 | €187,877 | €41,097 | €27,648 | €15,101 | - | - | - | - |
| Financial debts170/4 | - | - | - | €27,648 | €15,101 | - | - | - | - |
| Amounts payable within one year42/48 | €466,907 | €326,284 | €380,785 | €273,174 | €258,184 | €160,079 | €24,112 | €1,772 | ▼ 92.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €17,046 | €13,677 | €15,101 | €1,173 | - | - |
| Financial debts43 | - | - | - | - | €10 | €20 | €9 | €21 | ▲ 135% |
| Credit institutions430/8 | - | - | - | - | €10 | €20 | €9 | €21 | ▲ 135% |
| Trade debts44 | €74,841 | €17,298 | €2,768 | €8,613 | €5,850 | €22,631 | €1,121 | €1,701 | ▲ 51.7% |
| Suppliers440/4 | - | - | - | €8,613 | €5,850 | €22,631 | €1,121 | €1,701 | ▲ 51.7% |
| Taxes, remuneration and social security45 | - | - | - | €8,385 | €361 | €361 | - | - | - |
| Taxes450/3 | - | - | - | €8,385 | €361 | €361 | - | - | - |
| Other amounts payable47/48 | - | - | - | €239,130 | €238,286 | €121,966 | €21,810 | €50 | ▼ 99.8% |
| Accrued charges and deferred income492/3 | - | - | - | €5,770 | €3,029 | €3,008 | €2 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€137,033 | €150,949 | -€2,775 | €16,428 | -€128,532 | €249,009 | €91,323 | €42,580 | ▼ 53.4% |
| + Depreciation and write-downs630 | €9,712 | €5,184 | €4,843 | €3,445 | €1,545 | €455 | €437 | €391 | ▼ 10.4% |
| Operating cash flow (approximation) | -€127,321 | €156,134 | €2,068 | €19,873 | -€126,987 | €249,464 | €91,760 | €42,971 | ▼ 53.2% |
| Investment in fixed assets (approximation) | - | €0 | -€1,045 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€66,553 | €106,528 | -€104,896 | €31,294 | -€44,276 | €12,523 | €23,403 | ▲ 86.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 18-05-2026 | 2026-00112920 |
| 31-12-2024 | micro format | 16-05-2025 | 2025-00096386 |
| 31-12-2023 | micro format | 29-05-2024 | 2024-00110635 |
| 31-12-2022 | micro format | 31-05-2023 | 2023-00103027 |
| 31-12-2021 | micro format | 20-05-2022 | 2022-20036184 |
| 31-12-2020 | micro format | 11-06-2021 | 2021-19100164 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-50200345 |
| 31-12-2018 | micro format | 26-08-2019 | 2019-51300186 |
| 31-12-2017 | micro format | 27-07-2018 | 2018-39600203 |
| 31-12-2016 | micro format | 22-08-2017 | 2017-47200300 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.