CADIEL

Active

Private limited companyfounded 20232 yrs activeBois Tonnin(EP) 68, 7134 Binche, BelgiumKBO/BCE: BE 1000.134.732

The computed 12-month bankruptcy probability of CADIEL is 7.1% (elevated). The annual accounts of CADIEL for fiscal year 2025 show a net loss of 235% of total assets and of 73% of the equity at the start of that year. The 2025 annual accounts show equity of €6k and a net result of €-15k. Its solvency ranks better than 93% of 476 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

53 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-100

Solvency100=

Growth32

Track record82

Bankruptcy probability, 12 months

7.1% Elevated

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity ample (current ratio 3.29 against 1.75 in 2024; short-term debt: 12.4% and cash: 40.9% of total assets), and 12.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 53

Relative position

BE, all sectors

reference

Sector 53

higher

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

87.6%

Return on assets

-235.3%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 2 filings

Deviation from the deadline

2025

26 d late

2024

25 d late

← before the deadline after the deadline →

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 months

Position in the running window

20-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€6k▼ 72.9%

2024 · €21k

2024: €21k

2024 → 2025

Total assets

€6k▼ 74.9%

2024 · €26k

2024: €26k

2024 → 2025

Net result

€-15k

2024 · €19k

2024: €19k

2024 → 2025

Working capital

€2k▼ 50.3%

2024 · €4k

2024: €4k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€21k-€6k▼ 72.9%

Operating result€19k-€-15k

Net result€19k-€-15k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €15k after €19k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €6k

59.1%

40.9%

Fixed assets €4k▼ 77.8%

Current assets €3k▼ 69.3%

Equity and liabilities €6k

87.6%

12.4%

Equity €6k▼ 72.9%

Debt €798▼ 83.6%

The debt ratio falls from 19.0% to 12.4%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-1k▼

2024 · €32k

Cash flow

€-1k▼

2024 · €32k

Solvency

87.6%▲

2024 · 81.0%

Current ratio

3.29▲

2024 · 1.75

Quick ratio

3.29▲

2024 · 1.75

Debt / equity

0.14▼

2024 · 0.23

ROE

-268.8%▼

2024 · 90.3%

ROA

-235.3%▼

2024 · 73.2%

Interest coverage

-13.04▼

2024 · 80.54

Debt

€798▼

2024 · €5k

Debt ≤ 1 year

€798▼

2024 · €5k

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€26k€6k▼

Fixed assets21/28€17k€4k▼

Tangible fixed assets22/27€17k€4k▼

Plant, machinery and equipment23€4k€2k▼

Furniture and vehicles24€12k-

Other tangible fixed assets26€2k€1k▼

Current assets29/58€9k€3k▼

Amounts receivable within one year40/41€7k-

Trade receivables40€7k-

Cash at bank and in hand54/58€1k€3k▲

Equity and liabilities

Total equity and liabilities10/49€26k€6k▼

Equity10/15€21k€6k▼

Contributions10/11€2k€2k=

Profit (loss) carried forward14€19k€4k▼

Amounts payable17/49€5k€798▼

Amounts payable within one year42/48€5k€798▼

Trade debts44€920€400▼

Suppliers440/4€920€400▼

Taxes, remuneration and social security45€2k€278▼

Taxes450/3€2k€278▼

Other amounts payable47/48€2k€120▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲

Other operating charges640/8€30€30=

Gross operating margin9900€32k€-1k▼

Operating profit (loss)9901€19k€-15k▼

Financial charges65/66B€401€87▼

Recurring financial charges65€401€87▼

Profit (loss) for the period before taxes9903€19k€-15k▼

Profit (loss) for the period9904€19k€-15k▼

Profit (loss) for the period to be appropriated9905€19k€-15k▼

Appropriation of the result

Profit (loss) to be appropriated9906€19k€4k▼

Profit (loss) brought forward from the previous period14P-€19k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

26-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 26 days late

2025

25-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 25 days late

NBB filing

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-12-2025 Christophe COPPENS: Resigned as Director

06-08-2025 Cassandra COLCHERO-DELLI SANTI: Resigned as Director

Location & real-estate footprint

Registered office, Binche · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Bois Tonnin(EP) 687134 Binche

Ground area

5,194 m²

Building footprint

151 m²