CADECO
ActiveFor CADECO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-6k) and a net result of €29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 8327 sector peers (fiscal year 2023). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100=
Solvency12▲+12
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-12.8%
Return on assets
64.8%
Age of the figures
33 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-09-2024, 55 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
55 d late
2022
106 d late
2021
141 d late
2020
109 d late
2019
109 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-6k▲ 45.5%
2022 · €-10k
2018: €15k
2019: €-4k
2020: €-20k
2021: €-11k
2022: €-10k
2018 → 2023
Total assets
€44k▲ 217%
2022 · €14k
2018: €43k
2019: €26k
2020: €7k
2021: €19k
2022: €14k
2018 → 2023
Net result
€29k▲ 18.7%
2022 · €24k
2018: €321
2019: €-19k
2020: €-16k
2021: €20k
2022: €24k
2018 → 2023
Working capital
€-6k▲ 45.5%
2022 · €-10k
2018: €-12k
2019: €-30k
2020: €-26k
2021: €-17k
2022: €-10k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-4k-€-20k▼ 398%€-11k▲ 45.6%€-10k▲ 4.7%€-6k▲ 45.5%
Operating result€-18k-€3k€20k▲ 652%€25k▲ 20.7%€31k▲ 25.0%
Net result€-19k-€-16k▲ 15.2%€20k€24k▲ 22.9%€29k▲ 18.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2023 is 25% above 2022 and is the highest result in the available series.
Key figures and ratios
EBITDA
€34k
Cash flow
€32k
Solvency
-12.8%▲
2022 · -74.4%
Current ratio
0.89▲
2022 · 0.57
Quick ratio
0.89▲
2022 · 0.57
Debt / equity
-8.81▼
2022 · -2.34
ROA
64.8%▼
2022 · 173.1%
Interest coverage
76.58
Debt
€50k▲
2022 · €24k
Debt ≤ 1 year
€50k▲
2022 · €24k
Income taxes
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€14k€44k▲
Current assets29/58€14k€44k▲
Amounts receivable within one year40/41€11k€44k▲
Trade receivables40€11k€44k▲
Cash at bank and in hand54/58€3k€742▼
Deferred charges and accrued income490/1-€2
Equity and liabilities
Total equity and liabilities10/49€14k€44k▲
Equity10/15€-10k€-6k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-31k€-26k▲
Amounts payable17/49€24k€50k▲
Amounts payable within one year42/48€24k€50k▲
Trade debts44€23k€23k▼
Suppliers440/4€23k€23k▼
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€950€25k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3k
Other operating charges640/8€633€604▼
Non-recurring operating charges66A€5k€417▼
Gross operating margin9900€31k€35k▲
Operating profit (loss)9901€25k€31k▲
Financial charges65/66B€454€447▼
Recurring financial charges65€454€447▼
Profit (loss) for the period before taxes9903€24k€30k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€24k€29k▲
Profit (loss) for the period to be appropriated9905€24k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-2k▲
Profit (loss) brought forward from the previous period14P€-31k€-31k▲
Profit to be distributed694/7€24k€24k▲
Directors or managers695€24k€24k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Highest result since 2018net €29k ▲18.7%
Operating result €31k, net result €29k, both a record.
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 106 days late
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 141 days late
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 109 days late
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 109 days late
2019
31-12
Financial
Weakest financial yearnet €-19k ▼5990%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 126 days late
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 76 days late
2017
09-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 70 days late
2016
15-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 107 days late
2015
11-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 133 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
Registered office, Rixensart · 1 establishment unit since 1993
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.
Rue du Moulin 411330 RixensartGround area
2,244 m²
Building footprint
200 m²
Volume, LiDAR
1,477 m³
Parcel 25091F0036/00A000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CADECO
since 19932.062.522.678
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091F0036/00A000 | Wallonia | 2,244 m² | 1 · 200 m² | 10.2 m · 3 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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Of 2,715 companies in sector 73200 we hold annual accounts for 1,785. 733 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-04-1993
Fiscal year end31-12
Activities, NACEBEL
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.