Cadix B6

Active

Public limited companyfounded 20205 yrs activeHoogboomsteenweg 96A, 2950 Kapellen, BelgiumKBO/BCE: BE 0759.637.583

Cadix B6 has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €-6k. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 14% of 4504 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

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Checked score

Score 2025

12 / 100

Critical▼ -8 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency0=

Growth58=

Stability94

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.04 against 0.09 in 2024), and 99.8% 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

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

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

0.2%

Return on assets

Age of the figures

9 mo

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

2122232425

2021 to 2025 · latest year -€6k

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 4504 sector peers (2025).

NBB · sector comparison

Position among 4504 sector peers

Solvency

better than 14%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

17 d early

2024

16 d early

2023

19 d early

2022

11 d early

2021

18 d early

← 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

16-09-2026 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, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-6k▼ 309%

2024 · €-1k

2021: €-26k 2022: €-2k 2023: €-3k 2024: €-1k

2021 → 2025

Working capital

€-1.59M▼ 7.2%

2024 · €-1.48M

2021: €-1.10M 2022: €-1.54M 2023: €-842k 2024: €-1.48M

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€36k-€34k▼ 6.5%€31k▼ 7.7%€30k▼ 4.3%€24k▼ 18.6%

Operating result€-26k-€-2k▲ 91.2%€-3k▼ 11.9%€-3k▼ 4.2%€-5k▼ 97.9%

Net result€-26k-€-2k▲ 90.8%€-3k▼ 11.4%€-1k▲ 48.0%€-6k▼ 309%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €5k in 2025 against €3k in 2024; the loss grows.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €15.12M

99.6%

Fixed assets €15.07M▲ 42.8%

Current assets €59k▼ 60.6%

Equity and liabilities €15.12M

99.8%

Equity €24k▼ 18.6%

Debt €15.10M▲ 41.5%

The debt ratio rises from 99.7% to 99.8%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

Solvency

0.2%▼

2024 · 0.3%

Current ratio

0.04▼

2024 · 0.09

Quick ratio

0.04▼

2024 · 0.09

ROE

-22.8%▼

2024 · -4.5%

ROA

0.0%▼

2024 · 0.0%

Debt

€15.10M▲

2024 · €10.67M

Debt ≤ 1 year

€1.65M▲

2024 · €1.63M

Debt > 1 year

€13.45M▲

2024 · €9.04M

A ratio outside any meaningful range has been withheld (balance sheet total €15.12M, equity €24k).

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€10.70M€15.12M▲

Fixed assets21/28€10.55M€15.07M▲

Tangible fixed assets22/27€10.55M€15.07M▲

Land and buildings22€2.48M€2.48M=

Assets under construction and advance payments27€8.08M€12.59M▲

Current assets29/58€149k€59k▼

Amounts receivable within one year40/41€10k€7k▼

Other amounts receivable41€10k€7k▼

Cash at bank and in hand54/58€140k€52k▼

Equity and liabilities

Total equity and liabilities10/49€10.70M€15.12M▲

Equity10/15€30k€24k▼

Contributions10/11€62k€62k=

Capital10€62k€62k=

Issued capital100€62k€62k=

Profit (loss) carried forward14€-32k€-38k▼

Amounts payable17/49€10.67M€15.10M▲

Amounts payable after more than one year17€9.04M€13.45M▲

Financial debts170/4€9.04M€13.45M▲

Amounts payable within one year42/48€1.63M€1.65M▲

Trade debts44€665k€96k▼

Suppliers440/4€665k€96k▼

Other amounts payable47/48€969k€1.55M▲

Income statement Code20242025

Other operating charges640/8€1k€2k▲

Gross operating margin9900€-1k€-3k▼

Operating profit (loss)9901€-3k€-5k▼

Financial income75/76B€2k-

Recurring financial income75€2k-

Financial charges65/66B€532€390▼

Recurring financial charges65€532€390▼

Profit (loss) for the period before taxes9903€-1k€-6k▼

Profit (loss) for the period9904€-1k€-6k▼

Profit (loss) for the period to be appropriated9905€-1k€-6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-32k€-38k▼

Profit (loss) brought forward from the previous period14P€-31k€-32k▼

The notes to these accounts (11 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 5Filings 5

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

2026

14-07