Cadac Group
ActiveSummary
Cadac Group has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €591k and a net result of €55k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 55% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-8
Solvency69▼-13
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.76 against 2.27 in 2024; short-term debt: 55.8% and cash: 2.3% of total assets), but 55.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.2%
Return on assets
4.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €591k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
13 d early
2023
5 d early
2022
31 d late
2021
11 d early
2020
15 d early
2019
38 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€55k▼ 43.5%
2024 · €97k
2018: €-35k
2019: €7k
2020: €-38k
2021: €25k
2022: €-6k
2023: €-100k
2024: €97k
2018 → 2025
Working capital
€571k▲ 13.4%
2024 · €504k
2018: €506k
2019: €527k
2020: €441k
2021: €452k
2022: €473k
2023: €386k
2024: €504k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€546k-€540k▼ 1.1%€439k▼ 18.6%€536k▲ 22.1%€591k▲ 10.2%
Operating result€33k-€1k▼ 96.3%€-99k€109k€81k▼ 26.0%
Net result€25k-€-6k€-100k▼ 1,606%€97k€55k▼ 43.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.34M
Fixed assets
€20k ▼ 38.1%
Current assets
€1.32M ▲ 46.2%
Equity and liabilities €1.34M
Equity
€591k ▲ 10.2%
Debt
€747k ▲ 87.7%
Debt's share of the balance-sheet total rises from 42.6% to 55.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€93k▼
2024 · €130k
Cash flow
€67k▼
2024 · €118k
Current ratio
1.76▼
2024 · 2.27
Debt to equity
1.26▲
2024 · 0.74
ROE
9.3%▼
2024 · 18.1%
ROA
4.1%▼
2024 · 10.4%
Interest coverage
270.79▼
2024 · 382.38
Debt ≤ 1 year
€747k▲
2024 · €398k
Income taxes
€26k▲
2024 · €12k
Staff costs
€599k▲
2024 · €570k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€934k€1.34M▲
Fixed assets21/28€33k€20k▼
Intangible fixed assets21€125€0▼
Tangible fixed assets22/27€33k€20k▼
Furniture and vehicles24€33k€20k▼
Current assets29/58€902k€1.32M▲
Amounts receivable within one year40/41€716k€1.28M▲
Trade receivables40€712k€1.28M▲
Other amounts receivable41€5k€2k▼
Cash at bank and in hand54/58€180k€31k▼
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€934k€1.34M▲
Equity10/15€536k€591k▲
Contributions10/11€400k€400k=
Capital10€400k€400k=
Issued capital100€400k€400k=
Reserves13€136k€191k▲
Non-distributable reserves130/1€29k€31k▲
Legal reserve130€29k€31k▲
Distributable reserves133€108k€160k▲
Amounts payable17/49€398k€747k▲
Amounts payable within one year42/48€398k€747k▲
Trade debts44€10k€587k▲
Suppliers440/4€10k€587k▲
Taxes, remuneration and social security45€130k€159k▲
Taxes450/3€35k€61k▲
Remuneration and social security454/9€94k€98k▲
Other amounts payable47/48€258k€443▼
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Remuneration, social security and pensions62€570k€599k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€12k▼
Other operating charges640/8€0-
Non-recurring operating charges66A€0-
Gross operating margin9900€700k€692k▼
Operating profit (loss)9901€109k€81k▼
Financial charges65/66B€339€344▲
Recurring financial charges65€339€344▲
Profit (loss) for the period before taxes9903€109k€80k▼
Income taxes67/77€12k€26k▲
Profit (loss) for the period9904€97k€55k▼
Profit (loss) for the period to be appropriated9905€97k€55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€97k€55k▼
Transfer from equity791/2€0-
Transfer to equity691/2€97k€55k▼
To the legal reserve6920€5k€3k▼
To other reserves6921€92k€52k▼
Social balance
Average headcount (FTE)90875.05.0=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
State Gazette act
Reappointment: Cadac Group Beheer B.V. (director)Permanent representative: Johannes Baggen · Mandate compensation5 facts ▸
State Gazette act
Reappointment: Cadac Group Beheer B.V. (director)
Permanent representative: Johannes Baggen · Mandate compensation5 facts ▸
- General meeting, 14/07/2026
- Director reappointment, Cadac Group Beheer B.V. (director)
- Director reappointment, Cadac Group Beheer B.V. (managing director)
- Permanent representative, Johannes Baggen
- Mandate compensation, Cadac Group Beheer B.V.
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €97k
Net result €97k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €536k ▲22.1%
Equity rises from €439k to €536k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-100k
Net result drops to €-100k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 38 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 16 days late
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Cadac Group Beheer B.V.
CurrentDirector · Legal entity
11-08-2026
Mandate renewed as Director
11-08-2026
Mandate renewed as Managing director
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koning Boudewijnlaan 20A3500 HasseltGround area
3,766 m²
Building footprint
984 m²
Volume, LiDAR
7,855 m³
Parcel 71323C0286/00F002, Flanders · tallest building 21.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CADAC GROUP
since 19952.070.240.613
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0286/00F002 | Flanders | 3,766 m² | 1 · 984 m² | 21.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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D SOFT
BE 0455.351.751
Merelbeke-Melle · Eq €590,935
EFFICIENT BUSINESS SOLUTIONS
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Antwerpen · Eq €592,187
HOMEDESK
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 5,188 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-01-1995
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.