Summary
CADINE & CO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €268k and a net result of €482k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 81% of 6156 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-06-2025, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
54 d early
2022
23 d late
2021
24 d late
2020
305 d late
2019
40 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€268k
2023 · €-214k
2018: €-116k
2019: €-117k
2020: €-202k
2021: €-204k
2022: €-214k
2023: €-214k
2018 → 2024
Net result
€482k
2023 · €-250
2018: €540k
2019: €-592
2020: €-85k
2021: €-2k
2022: €-9k
2023: €-250
2018 → 2024
Total assets
€314k▲ 2,464%
2023 · €12k
2018: €6k
2019: €6k
2020: €6k
2021: €6k
2022: €12k
2023: €12k
2018 → 2024
Solvency
85.4%▲ 1834.4pp
2023 · -1749.0%
2018: -1945.2%
2019: -1859.0%
2020: -3286.8%
2021: -3642.9%
2022: -1838.5%
2023: -1749.0%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-202k-€-204k▼ 1.1%€-214k▼ 4.5%€-214k▼ 0.1%€268k
Operating result€-73-€-2k▼ 2,679%€-1k▲ 32.1%€-179▲ 86.9%€371k
Net result€-85k-€-2k▲ 97.4%€-9k▼ 306%€-250▲ 97.3%€482k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €371k after a loss of €179 in 2023, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €314k
Equity
€268k
Debt
€46k
Debt finances 14.6% of the balance-sheet total.
Key figures and ratios
ROE
179.9%
ROA
153.6%▲
2023 · -2.0%
Debt ≤ 1 year
€46k▼
2023 · €226k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€12k€314k▲
Current assets29/58€12k€314k▲
Amounts receivable within one year40/41€5k€133k▲
Trade receivables40-€104k
Other amounts receivable41€5k€30k▲
Cash at bank and in hand54/58€7k€180k▲
Equity and liabilities
Total equity and liabilities10/49€12k€314k▲
Equity10/15€-214k€268k▲
Contributions10/11€65k€65k=
Capital10€65k€65k=
Issued capital100€65k€65k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-282k€200k▲
Amounts payable17/49€226k€46k▼
Amounts payable within one year42/48€226k€46k▼
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€35k€7k▼
Taxes450/3€35k€7k▼
Other amounts payable47/48€191k€37k▼
Income statement
Code20232024
Other operating charges640/8€94€900▲
Gross operating margin9900€-85€372k▲
Operating profit (loss)9901€-179€371k▲
Financial income75/76B-€120k
Recurring financial income75-€120k
Non-recurring financial income76B-€120k
Financial charges65/66B€71€9k▲
Recurring financial charges65€71€9k▲
Profit (loss) for the period before taxes9903€-250€482k▲
Profit (loss) for the period9904€-250€482k▲
Profit (loss) for the period to be appropriated9905€-250€482k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-282k€200k▲
Profit (loss) brought forward from the previous period14P€-282k€-282k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €482k
Net result €482k after 5 loss-making years.
31-12
Financial
Liquidity times 127current ratio 6.85
Current ratio from 0.05 to 6.85; short-term debt falls from €226k to €46k.
31-12
Financial
Equity above €200kEq €268k
Equity rises from €-214k to €268k.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 305 days late
2020
31-12
Financial
Weakest financial yearnet €-85k
Net result drops to €-85k, the lowest in the series; recovery starts the following year.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 40 days late
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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 2002
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.
Arenbergstraat 212000 AntwerpenGround area
785 m²
Building footprint
829 m²
Volume, LiDAR
15,039 m³
Parcel 11803C1034/00E000, Flanders · tallest building 24.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Arenbergstraat 21, 2000 Antwerpen
since 20022.098.831.461
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C1034/00E000 | Flanders | 785 m² | 1 · 829 m² | 24.3 m · 6 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 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,689 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-01-2000
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.