Cadesco
ActiveCadesco has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €1k. Equity is shrinking by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+7
Solvency100▲+23
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 7.15 against 1.68 in 2024), and 14% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
86%
Return on assets
6.1%
Age of the figures
8 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
22 d early
2024
23 d early
2023
29 d early
2022
41 d early
2021
40 d early
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▲ 7.6%
2024 · €19k
2019: €29k
2020: €49k
2021: €43k
2022: €39k
2023: €42k
2024: €19k
2019 → 2025
Total assets
€24k▼ 49.2%
2024 · €48k
2019: €58k
2020: €67k
2021: €54k
2022: €43k
2023: €51k
2024: €48k
2019 → 2025
Net result
€1k▲ 33.8%
2024 · €1k
2019: €23k
2020: €20k
2021: €-6k
2022: €-4k
2023: €3k
2024: €1k
2019 → 2025
Working capital
€21k▲ 7.6%
2024 · €19k
2019: €17k
2020: €48k
2021: €43k
2022: €39k
2023: €42k
2024: €19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€39k▼ 9.5%€42k▲ 7.0%€19k▼ 53.2%€21k▲ 7.6%
Operating result€-6k-€-4k▲ 31.9%€3k€-83€2k
Net result€-6k-€-4k▲ 31.8%€3k€1k▼ 59.2%€1k▲ 33.8%
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 2025: €2k after a loss of €83 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €24k
Equity
€21k▲ 7.6%
Debt
€3k▼ 88.0%
The debt ratio falls from 59.4% to 14.0%: equity grows while debt is paid down.
Key figures and ratios
Solvency
86.0%▲
2024 · 40.6%
Current ratio
7.15▲
2024 · 1.68
Quick ratio
7.15▲
2024 · 1.68
Debt / equity
0.16▼
2024 · 1.46
ROE
7.1%▲
2024 · 5.7%
ROA
6.1%▲
2024 · 2.3%
Debt
€3k▼
2024 · €29k
Debt ≤ 1 year
€3k▼
2024 · €29k
Income taxes
€24
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€48k€24k▼
Current assets29/58€48k€24k▼
Amounts receivable within one year40/41€2k€435▼
Trade receivables40€2k€435▼
Other amounts receivable41€388€0▼
Cash at bank and in hand54/58€46k€24k▼
Equity and liabilities
Total equity and liabilities10/49€48k€24k▼
Equity10/15€19k€21k▲
Contributions10/11€6k€6k=
Reserves13€15k€15k▲
Distributable reserves133€15k€15k▲
Profit (loss) carried forward14€-1k€0▲
Amounts payable17/49€29k€3k▼
Amounts payable within one year42/48€29k€3k▼
Current portion of amounts payable after more than one year42€3k€3k▼
Trade debts44€2k€76▼
Suppliers440/4€2k€76▼
Taxes, remuneration and social security45-€24
Taxes450/3-€24
Other amounts payable47/48€23k€0▼
Income statement
Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900€304€2k▲
Operating profit (loss)9901€-83€2k▲
Financial income75/76B€1k€0▼
Recurring financial income75€1k€0▼
Financial charges65/66B€44€45▲
Recurring financial charges65€44€45▲
Profit (loss) for the period before taxes9903€1k€2k▲
Income taxes67/77-€24
Profit (loss) for the period9904€1k€1k▲
Profit (loss) for the period to be appropriated9905€1k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€240▲
Profit (loss) brought forward from the previous period14P€-2k€-1k▲
Transfer from equity791/2€23k€0▼
Transfer to equity691/2-€240
To other reserves6921-€240
Profit to be distributed694/7€23k€0▼
Return on contributions (dividend)694€23k€0▼
The notes to these accounts (5 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 7.15
Current ratio from 1.68 to 7.15; short-term debt falls from €29k to €3k.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 10.53
Current ratio from 4.82 to 10.53; short-term debt falls from €11k to €4k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-6k ▼131%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Merchtem · 1 establishment unit since 2019
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.
Bollestraat 501785 MerchtemGround area
1,927 m²
Building footprint
1,201 m²
Volume, LiDAR
21,110 m³
2 parcels, Brussels, Flanders · tallest building 28.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Cadesco
since 20192.284.945.658
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0090/00X003 | Brussels | 1,104 m² | 1 · 1,107 m² | 28.8 m · 8 fl. |
| 23012C0266/00E000 | Flanders | 823 m² | 1 · 94 m² | 11.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 30,967 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.