Equity
€207,435 from €431,524 in 2017
Equity fell by 52% in 8 years.
CADELPA
Lifetime
19 annual accounts with figures on one time axispeak €180,424 (2016)
€639▼ 97.0%
lowest -€64,311 (2018)
-€24,353▲ €12,056
peak €431,524 (2017)
€207,435▼ 10.5%
€10,623▲ 50.1%
Board1 name since 2006
Documentsfilings and deeds
15-06-202646 days before the deadline
2025micro format
Gross margin from €21,565 to €639Loss of €24,353Debts from €7,077 to €10,623Cash from €11,009 to €17,652
Key points
from the 2025 annual accountsLosses
-€119,882 in four years
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
Turnover
≈ €3,000 estimated
The accounts state no turnover.
Liquidity
18.45 was 36.15 in 2024
Short-term debts rose from €3,554 to €6,896.
Filings
19 annual accounts since 2007
Five of the last ten came late. The 2019 accounts came latest: 186 days after the end of the period.
Position in the sector
-€24,353
Lower net result than 94% of companies in head offices and management consultancy. Sector median €27,132 · 39,384 companies.
Checked score
91
Excellent
Financially stronger than 44% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025highest value
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.3%▼ -0.1 percentage points vs 04-2025
06-2025: 0.1%▼ -0.2 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.1%▼ -0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Loss of €24,353, the second in a row (financial year 2025)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €218,058
Equity €207,435 (95.1% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 52% on liquidity, 9% on profitability and 28% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as CADELPA has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CADELPA itself is lower: 0.1% within 12 months. It rests on far more data about CADELPA than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for CADELPA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 18.45 (36.15 in 2024), above the usual 1.5. Short-term debt is 3.2% and cash 8.1% of total assets. 4.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€24,353
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
86 days early
2023
3 days early
2022
23 days late
2021
34 days late
2020
30 days late
2019
186 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DELTENRE Christian Robert Gabriel Eline Fernand Joseph 50 sharesdeed of 07-04-2023
- VAN HAUTE Catherine Marie Emilie 50 sharesdeed of 07-04-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0881022987
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
Change of role: DELTENRE Christian Robert Gabriel Eline Fernand Joseph, from manager to director · “Advies en bijstand onder welke vorm ook,aan alle ondernemingen,vennootschappen,operateurs,openbare of privé…” (deed in Dutch) · DELTENRE Christian Robert Gabriel Eline Fernand Joseph holds 50 shares · General meeting of 29-03-2023 · Gazette deed
Incorporation
published on 10-05-2006 · Gazette deed
First establishment
Hebronlaan 88, Kraainem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CADELPA Kraainem | €218,058 | €639 | 95.1% | - |
| it RIGHT Overijse | €209,598 | -€17,901 | 82.1% | - |
| Kox & Co Leuven | €211,334 | -€4,231 | 89.8% | - |
| GieCie Solutions Landen | €228,608 | -€16,842 | 92.6% | - |
| GUY DEWIL Glabbeek | €194,806 | -€961 | 47.8% | - |
| K-MANAGEMENT & INVEST Bever | €189,977 | -€3,104 | -150.6% | - |
| XEY Landen | €233,296 | -€5,211 | 68.3% | - |
These companies have the same main activity as CADELPA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €190,000 and €233,000, founded between 2003 and 2007.
Official details
Source: KBO- Status
- Active since 28-04-2006Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.153.588.3571950 Kraainem, since 26-04-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2025
Annual accounts 2025
- €218,058▼ 8.7%
- Filing
- Filed on 15-06-2026, 46 days before the end of the filing period
Insights on CADELPA
CADELPA files the micro format. That format states no turnover. The gross margin fell from €153,601 in 2007 to €639 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CADELPA
- What is the company number of CADELPA?
- The company number of CADELPA is 0881.022.987. The VAT number is the same number with BE in front: BE 0881.022.987.
- Where is CADELPA based?
- The registered office is at Hebronlaan 88, 1950 Kraainem.Company details
- What does CADELPA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of CADELPA?
- CADELPA is a private limited company (BV).
- When was CADELPA founded?
- CADELPA was founded on 28-04-2006.
- Is CADELPA still active?
- Yes, CADELPA is an active enterprise in the KBO register.
- What is the turnover of CADELPA?
- The turnover in financial year 2025 is ≈ €3,000. This figure is estimated from the gross margin of €639 and 206 comparable companies (NACE 70200). It probably lies between €1,400 and €5,900. It is a rough estimate. In financial year 2021 turnover was €183,854.Financials
- Is CADELPA profitable?
- In financial year 2025, CADELPA made a loss of €24,353.
- Where can I find the annual accounts of CADELPA?
- CADELPA filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CADELPA due?
- CADELPA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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