Summary
CADO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €67,470 and a net result of €11,998. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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 check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
35 d early
2024
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€67,470▲ 28.8%
2024 · €52,402
Net result
€11,998
2024 · -€11,362
Total assets
€308,848▲ 9.4%
2024 · €282,219
Solvency
21.8%▲ 3.3pp
2024 · 18.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result-€6,946-€20,808
Net result-€11,362below the sector's middle half-€11,998
Equity€52,402below the sector's middle half-€67,470▲ 28.8%
Total assets€282,219below the sector's middle half-€308,848▲ 9.4%
Debt€229,817-€241,378▲ 5.0%
Working capital-€20,469--€7,881▲ 61.5%
Solvency18.6%below the sector's middle half-21.8%▲ 3.3pp
Staff (FTE)0within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
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 2025: €20,808 after a loss of €6,946 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €308,848
Fixed assets
€262,810 ▼ 5.1%
Current assets
€46,038 ▲ 773%
Equity and liabilities €308,848
Equity
€67,470 ▲ 28.8%
Debt
€241,378 ▲ 5.0%
Debt's share of the balance-sheet total falls from 81.4% to 78.2%. Equity and debt are higher.
Key figures and ratios
ROE
17.8%▲
2024 · -21.7%
ROA
3.9%▲
2024 · -4.0%
Debt ≤ 1 year
€53,919▲
2024 · €25,744
Debt > 1 year
€187,459▼
2024 · €204,072
Income taxes
€2,275▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €0 | €612 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,029 | €20,032 | ▲ 11.1% |
| Other operating charges640/8 | €574 | €566 | ▼ 1.5% |
| Non-recurring operating charges66A | €0 | - | - |
| Gross operating margin9900 | €11,658 | €41,406 | ▲ 255% |
| Operating profit (loss)9901 | -€6,946 | €20,808 | ▲ 400% |
| Financial income75/76B | €0 | €2 | - |
| Recurring financial income75 | €0 | €2 | - |
| Financial charges65/66B | €4,417 | €6,537 | ▲ 48.0% |
| Recurring financial charges65 | €4,417 | €6,537 | ▲ 48.0% |
| Profit (loss) for the period before taxes9903 | -€11,362 | €14,273 | ▲ 226% |
| Income taxes67/77 | €0 | €2,275 | - |
| Profit (loss) for the period9904 | -€11,362 | €11,998 | ▲ 206% |
| Transfer from tax-exempt reserves789 | €3,859 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | -€7,503 | €11,998 | ▲ 260% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €282,219 | €308,848 | ▲ 9.4% |
| Fixed assets21/28 | €276,943 | €262,810 | ▼ 5.1% |
| Intangible fixed assets21 | - | €8,989 | - |
| Tangible fixed assets22/27 | €268,900 | €253,821 | ▼ 5.6% |
| Land and buildings22 | €264,022 | €250,059 | ▼ 5.3% |
| Plant, machinery and equipment23 | €4,556 | €2,881 | ▼ 36.8% |
| Furniture and vehicles24 | €321 | €881 | ▲ 174% |
| Financial fixed assets28 | €8,044 | €0 | ▼ 100% |
| Current assets29/58 | €5,275 | €46,038 | ▲ 773% |
| Amounts receivable within one year40/41 | €1,866 | €25,193 | ▲ 1,250% |
| Trade receivables40 | - | €25,193 | - |
| Other amounts receivable41 | €1,866 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €3,409 | €20,672 | ▲ 506% |
| Deferred charges and accrued income490/1 | - | €172 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €282,219 | €308,848 | ▲ 9.4% |
| Equity10/15 | €52,402 | €67,470 | ▲ 28.8% |
| Contributions10/11 | €30,000 | €30,500 | ▲ 1.7% |
| Reserves13 | €20,836 | €23,407 | ▲ 12.3% |
| Tax-exempt reserves132 | €0 | - | - |
| Distributable reserves133 | €20,836 | €23,407 | ▲ 12.3% |
| Profit (loss) carried forward14 | €1,566 | €13,563 | ▲ 766% |
| Amounts payable17/49 | €229,817 | €241,378 | ▲ 5.0% |
| Amounts payable after more than one year17 | €204,072 | €187,459 | ▼ 8.1% |
| Financial debts170/4 | €204,072 | €187,459 | ▼ 8.1% |
| Amounts payable within one year42/48 | €25,744 | €53,919 | ▲ 109% |
| Current portion of amounts payable after more than one year42 | €16,310 | €16,613 | ▲ 1.9% |
| Trade debts44 | €191 | €18,201 | ▲ 9,450% |
| Suppliers440/4 | €191 | €18,201 | ▲ 9,450% |
| Taxes, remuneration and social security45 | €0 | €7,381 | - |
| Taxes450/3 | €0 | €7,381 | - |
| Other amounts payable47/48 | €9,244 | €11,724 | ▲ 26.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€11,362 | €11,998 | ▲ 206% |
| + Depreciation and write-downs630 | €18,029 | €20,032 | ▲ 11.1% |
| Operating cash flow (approximation) | €6,667 | €32,030 | ▲ 380% |
| Investment in fixed assets (approximation) | - | -€5,899 | - |
| Change in cash | - | €17,263 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €11,998
Net result €11,998 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-01
State Gazette act
General meeting · Director appointment
Permanent representative · Board meeting
2023
10-03
State Gazette act
Board meeting · Director appointment
Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Genk · 1 establishment unit since 2016
Ground area
1,316 m²
Building footprint
188 m²
Volume, LiDAR
1,246 m³
2 parcels, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
C2 INSPIRE
since 20162.248.335.086
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F0345/00Z000 | Flanders | 659 m² | 1 · 97 m² | 10.0 m · 3 fl. |
| 71305F0345/00A002 | Flanders | 657 m² | 1 · 91 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Similar companies · same sector, comparable size
PELYPO
BE 0463.845.387
Veurne · Eq €52,406
K. Pauels
BE 0659.799.146
Leuven · Eq €52,390
GIRDERS
BE 0795.785.525
Diepenbeek · Eq €52,452
NONNOO
BE 0793.149.994
Boechout · Eq €52,471
IMVENA
BE 0441.835.196
Kortrijk · Eq €52,300
Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 10,553 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0643942814
Also
9925:BE0643942814
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.