CADO DECOR
The computed 12-month bankruptcy probability of CADO DECOR is 2.7% (moderate). The 2023 annual accounts show negative equity (€-54k) and a net result of €-63k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 5630 sector peers (fiscal year 2023). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-54k |
| Net result | €-63k |
| Staff (FTE) | 3 |
| Better than sector | 9% |
Fragile profile, watch health in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -82.5% | 20.1% | |
| Net result | €-63k | €3k | |
| Equity | €-54k | €15k | |
| Gross operating margin | €-2k | €23k | |
| Staff costs | €52k | €33k |
| Fiscal year | 2023 |
|---|---|
| Revenue | €146k |
| EBITDA | €-57k |
| Net profit | €-63k |
| Cash flow | €-59k |
| Staff costs | €52k |
| Income taxes | €310 |
| Dividends | - |
| Total assets | €66k |
| Equity | €-54k |
| Debt | €120k |
| of which ≤ 1y | €120k |
| of which > 1y | - |
| Working capital | €-65k |
| Employees (FTE) | 3.0 |
| 2023 | |
|---|---|
| Current ratio | 0.46 |
| Quick ratio | 0.43 |
| Working capital ratio | -99.3% |
| Solvency | -82.5% |
| Debt / equity | -2.21 |
| Long-term debt ratio | - |
| Interest coverage | -60.34 |
| Gross margin | -4.6% |
| Net margin | -42.8% |
| ROA | -95.0% |
| ROE | 115.2% |
| EBITDA margin | -39.2% |
| Days sales outstanding | 89d |
| Days payable outstanding | 249d |
| Inventory turnover | 45.99 |
| Days inventory (DSI) | 8d |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €66k |
| Fixed assets | 21/28 | €11k |
| Tangible fixed assets | 22/27 | €11k |
| Financial fixed assets | 28 | €54 |
| Current assets | 29/58 | €55k |
| Stocks & contracts in progress | 3 | €3k |
| Amounts receivable within one year | 40/41 | €44k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €66k |
| Equity | 10/15 | €-54k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-75k |
| Amounts payable | 17/49 | €120k |
| Amounts payable within one year | 42/48 | €120k |
| Trade debts payable within one year | 44 | €104k |
| Income statement | ||
| Turnover | 70 | €146k |
| Gross operating margin | 9900 | €-2k |
| Operating result | 9901 | €-61k |
| Financial income | 75 | €7 |
| Financial charges | 65 | €950 |
| Result before taxes | 9903 | €-62k |
| Income taxes | 67/77 | €310 |
| Net result for the period | 9904 | €-63k |
| Result to be appropriated | 9905 | €-63k |
| NACE primary | Retail trade(47789) |
| Legal form | Private limited company(610) |
| Incorporation | 14-12-1989 |
| Status | Active |
| Postal code | 1030 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21908E0013/00E017 | Brussels | 202 m² | 1 · 202 m² | 19.9 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-12-2023 AHAJIOU Youssef appointed as director
- AHAJIOU Youssef, Bestuurder
Technical details
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"evidence_quote": "Mission \u00E0 Ma\u00EEtre Damien COLLON-WINDELINCKX, notaire \u00E0 Etterbeek d\u2019\u00E9tablir et de d\u00E9poser la coordination des statuts.",
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],
"notary": {
"name": "Damien COLLON-WINDELINCKX",
"firm_city": null,
"firm_name": null,
"office_city": "Etterbeek",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-28",
"filing_date": "2023-12-22",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-22",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0439.429.103",
"name_full": "CADO DECOR",
"legal_form": "SRL"
},
"publication_proxy": {
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"org_name": null,
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"org_rep_person_name": null,
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | CADO DECOR |