CADECO
Open bankruptcyA bankruptcy procedure is open for CADECO according to publications in the Belgian State Gazette; curator: TOM HERMANS.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €131,573 and a net result of €37,510.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 8 August 2024
- Supervising judge
- Koen Ampe
- Official Gazette
- 14-08-2024 (pdf) ↗search the document for 2024/132210
Deadlines
- Provisional date payments stopped
- 8 August 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 29 August 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 7 September 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 4 October 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 8 August 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Tom HermansAmerikalei 122, 2000 Antwerpen 1tom.hermans@desdalex.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 31-05-2024, 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 filed
2024
not filed
2023
31 d late
2022
6 d early
2021
3 d early
2020
23 d early
2019
36 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Other building cleaning and industrial cleaning sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€131,573▲ 39.9%
2022 · €94,063
Total assets
€253,923▲ 43.6%
2022 · €176,831
Net result
€37,510
2022 · -€26,269
Working capital
€122,874▲ 57.3%
2022 · €78,127
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€32,971€19,103▼ 42.1%€5,842▼ 69.4%-€22,839€42,684
Net result€26,370€11,950within the sector's middle half▼ 54.7%€1,978within the sector's middle half▼ 83.4%-€26,269below the sector's middle half€37,510above the sector's middle half
Equity€106,404▲ 32.9%€118,354above the sector's middle half▲ 11.2%€120,332above the sector's middle half▲ 1.7%€94,063within the sector's middle half▼ 21.8%€131,573above the sector's middle half▲ 39.9%
Total assets€160,231▲ 21.9%€188,058within the sector's middle half▲ 17.4%€187,100within the sector's middle half▼ 0.5%€176,831within the sector's middle half▼ 5.5%€253,923within the sector's middle half▲ 43.6%
Debt€53,827▲ 4.6%€69,704▲ 29.5%€66,768▼ 4.2%€82,769▲ 24.0%€122,350▲ 47.8%
Working capital€106,190▲ 33.6%€107,542▲ 1.3%€112,226▲ 4.4%€78,127▼ 30.4%€122,874▲ 57.3%
Solvency66.4%▲ 5.5pp62.9%above the sector's middle half▼ 3.5pp64.3%above the sector's middle half▲ 1.4pp53.2%within the sector's middle half▼ 11.1pp51.8%within the sector's middle half▼ 1.4pp
Staff (FTE)12▲ 100%
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €42,684 after a loss of €22,839 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €253,923
Fixed assets
€8,699 ▼ 45.4%
Current assets
€245,224 ▲ 52.4%
Equity and liabilities €253,923
Equity
€131,573 ▲ 39.9%
Debt
€122,350 ▲ 47.8%
Debt's share of the balance-sheet total rises from 46.8% to 48.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49,921▲
2022 · -€16,758
Cash flow
€44,748▲
2022 · -€20,188
Current ratio
2.00▲
2022 · 1.94
Debt to equity
0.93▲
2022 · 0.88
ROE
28.5%▲
2022 · -27.9%
ROA
14.8%▲
2022 · -14.9%
Interest coverage
11.38▲
2022 · -4.89
Debt ≤ 1 year
€122,350▲
2022 · €82,769
Income taxes
€4,600
Staff costs
€78,878▼
2022 · €80,427
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €80,427 | €78,878 | ▼ 1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €317 | €2,401 | €2,707 | €6,081 | €7,237 | ▲ 19.0% |
| Other operating charges640/8 | - | - | - | €44,774 | €3,952 | ▼ 91.2% |
| Gross operating margin9900 | €34,178 | €22,404 | €8,549 | €108,443 | €132,751 | ▲ 22.4% |
| Operating profit (loss)9901 | €32,971 | €19,103 | €5,842 | -€22,839 | €42,684 | ▲ 287% |
| Financial income75/76B | - | - | - | - | €3,812 | - |
| Recurring financial income75 | - | - | - | - | €3,812 | - |
| Financial charges65/66B | - | - | €3,323 | €3,430 | €4,385 | ▲ 27.9% |
| Recurring financial charges65 | €3,224 | €3,022 | €3,323 | €3,430 | €4,385 | ▲ 27.9% |
| Profit (loss) for the period before taxes9903 | €29,748 | €16,081 | €2,519 | -€26,269 | €42,110 | ▲ 260% |
| Income taxes67/77 | €3,378 | €4,130 | €541 | - | €4,600 | - |
| Profit (loss) for the period9904 | €26,370 | €11,950 | €1,978 | -€26,269 | €37,510 | ▲ 243% |
| Profit (loss) for the period to be appropriated9905 | €26,370 | €11,950 | €1,978 | -€26,269 | €37,510 | ▲ 243% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160,231 | €188,058 | €187,100 | €176,831 | €253,923 | ▲ 43.6% |
| Fixed assets21/28 | €214 | €10,812 | €8,105 | €15,936 | €8,699 | ▼ 45.4% |
| Tangible fixed assets22/27 | €214 | €10,812 | €8,105 | €15,936 | €8,699 | ▼ 45.4% |
| Furniture and vehicles24 | - | - | €8,105 | €15,936 | €8,699 | ▼ 45.4% |
| Current assets29/58 | €160,017 | €177,246 | €178,995 | €160,895 | €245,224 | ▲ 52.4% |
| Amounts receivable within one year40/41 | €160,017 | €177,246 | €178,995 | €160,895 | €245,137 | ▲ 52.4% |
| Trade receivables40 | - | - | €5,099 | €30,782 | €28,501 | ▼ 7.4% |
| Other amounts receivable41 | - | - | €173,896 | €130,113 | €216,636 | ▲ 66.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €87 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160,231 | €188,058 | €187,100 | €176,831 | €253,923 | ▲ 43.6% |
| Equity10/15 | €106,404 | €118,354 | €120,332 | €94,063 | €131,573 | ▲ 39.9% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | - | €18,592 | - | - |
| Issued capital100 | - | - | - | €18,592 | - | - |
| Outside capital11 | - | - | €18,592 | - | €18,592 | - |
| Other1109/19 | - | - | €18,592 | - | €18,592 | - |
| Reserves13 | €29,359 | €29,359 | €29,359 | €29,359 | €29,359 | = |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | - | - | €1,859 | - | - |
| Reserves not available under the articles1311 | - | - | €1,859 | - | €1,859 | - |
| Tax-exempt reserves132 | - | - | €27,500 | €27,500 | €27,500 | = |
| Profit (loss) carried forward14 | €58,452 | €70,403 | €72,381 | €46,112 | €83,622 | ▲ 81.3% |
| Amounts payable17/49 | €53,827 | €69,704 | €66,768 | €82,769 | €122,350 | ▲ 47.8% |
| Amounts payable within one year42/48 | €53,827 | €69,704 | €66,768 | €82,769 | €122,350 | ▲ 47.8% |
| Current portion of amounts payable after more than one year42 | - | - | €2,500 | €5,597 | €6,837 | ▲ 22.2% |
| Financial debts43 | - | - | €16,874 | €16,645 | €19,904 | ▲ 19.6% |
| Credit institutions430/8 | - | - | €16,874 | €16,645 | €19,904 | ▲ 19.6% |
| Trade debts44 | €6,097 | €2,824 | €7,140 | €29,291 | €75,861 | ▲ 159% |
| Suppliers440/4 | - | - | €7,140 | €29,291 | €75,861 | ▲ 159% |
| Taxes, remuneration and social security45 | - | - | €5,309 | €27,001 | €16,448 | ▼ 39.1% |
| Taxes450/3 | - | - | €5,309 | €13,738 | €6,923 | ▼ 49.6% |
| Remuneration and social security454/9 | - | - | - | €13,263 | €9,525 | ▼ 28.2% |
| Other amounts payable47/48 | - | - | €34,945 | €4,235 | €3,300 | ▼ 22.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,370 | €11,950 | €1,978 | -€26,269 | €37,510 | ▲ 243% |
| + Depreciation and write-downs630 | €317 | €2,401 | €2,707 | €6,081 | €7,237 | ▲ 19.0% |
| Operating cash flow (approximation) | €26,687 | €14,352 | €4,685 | -€20,188 | €44,748 | ▲ 322% |
| Investment in fixed assets (approximation) | - | -€13,000 | €0 | -€13,912 | €0 | ▲ 100% |
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
2025
07-05
KBO administration
Address struck
2024
14-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 08-08-2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-09
Financial
Back to profitnet €37,510
Net result €37,510 after one loss-making year.
30-09
Financial
Equity above €100,000Eq €131,573 ▲39.9%
Equity rises from €94,063 to €131,573.
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet -€26,269
Net result drops to -€26,269, the lowest in the series.
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 36 days late
2019
30-09
Financial
Back to profitnet €26,370
Net result €26,370 after one loss-making year.
30-09
Financial
Equity above €100,000Eq €106,404 ▲32.9%
Equity rises from €80,034 to €106,404.
Show earlier events
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
09-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
07-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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
Registered office, Antwerpen · 1 establishment unit since 1998
Ground area
5,303 m²
Building footprint
3,300 m²
Volume, LiDAR
19,014 m³
Parcel 11012A0158/00C005, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
CADECO
since 19982.089.762.852
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0158/00C005 | Flanders | 5,303 m² | 1 · 3,300 m² | 10.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TOM HERMANS AMERIKALEI 122, 2000 ANTWERPEN 1- |
08-08-2024 → present |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 23,850 EUR awarded · 23,810 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 40 EUR | 0 EUR |
| 2024 | 1 | 1,536 EUR | 1,536 EUR |
| 2023 | 1 | 13,108 EUR | 13,108 EUR |
| 2022 | 1 | 9,166 EUR | 9,166 EUR |
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Of 6,996 companies in sector 81220 we hold annual accounts for 2,414. 1,946 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded10-11-1998
Fiscal year end30-09
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.