CADRAGE
ActiveSummary
The computed 12-month bankruptcy probability of CADRAGE is 2.5% (moderate). The 2025 annual accounts show negative equity (-€31,819). Equity is shrinking by ~7.1% per year across the filed fiscal years. The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency-
Growth58=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
15 d late
2023
on the day
2022
on the day
2021
2 d early
2020
1 d early
2019
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 4 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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, micro schema
Equity
-€31,819=
2024 · -€31,819
Total assets
€686▼ 49.5%
2023 · €1,359
Net result
-€718▼ 99.7%
2023 · -€360
Working capital
-€31,819▼ 2.3%
2023 · -€31,101
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,916▲ 64.3%€434-€348-€602▼ 73.1%
Net result-€3,994▲ 63.8%€387-€360-€718▼ 99.7%
Equity-€31,128▼ 14.7%-€30,742▲ 1.2%-€31,101▼ 1.2%-€31,819▼ 2.3%-€31,819=
Total assets€947▼ 67.3%€1,371▲ 44.7%€1,359▼ 0.9%€686▼ 49.5%
Debt€32,076▲ 6.8%€32,112▲ 0.1%€32,460▲ 1.1%€32,505▲ 0.1%€31,819▼ 2.1%
Working capital-€31,128▼ 13.9%-€30,742▲ 1.2%-€31,101▼ 1.2%-€31,819▼ 2.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €602 in 2024 against €348 in 2023; the loss grows.
Key figures and ratios
Debt to equity
-1.00
Debt ≤ 1 year
€31,819▼
2024 · €32,505
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €200 | - | - | - | - | - |
| Other operating charges640/8 | €449 | €102 | €348 | €502 | - | - |
| Gross operating margin9900 | -€3,268 | €536 | - | -€99 | - | - |
| Operating profit (loss)9901 | -€3,916 | €434 | -€348 | -€602 | - | - |
| Financial charges65/66B | €78 | €48 | €12 | €116 | - | - |
| Recurring financial charges65 | €78 | €48 | €12 | €116 | - | - |
| Profit (loss) for the period before taxes9903 | -€3,994 | €387 | -€360 | -€718 | - | - |
| Profit (loss) for the period9904 | -€3,994 | €387 | -€360 | -€718 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€3,994 | €387 | -€360 | -€718 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €947 | €1,371 | €1,359 | €686 | - | - |
| Current assets29/58 | €947 | €1,371 | €1,359 | €686 | - | - |
| Amounts receivable within one year40/41 | €226 | €226 | €226 | €226 | - | - |
| Other amounts receivable41 | €226 | €226 | €226 | €226 | - | - |
| Cash at bank and in hand54/58 | €722 | €1,145 | €1,133 | €460 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €947 | €1,371 | €1,359 | €686 | - | - |
| Equity10/15 | -€31,128 | -€30,742 | -€31,101 | -€31,819 | -€31,819 | = |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,420 | €1,420 | €1,420 | €1,420 | €1,420 | = |
| Non-distributable reserves130/1 | €1,420 | €1,420 | €1,420 | €1,420 | €1,420 | = |
| Reserves not available under the articles1311 | €1,420 | €1,420 | €1,420 | €1,420 | €1,420 | = |
| Profit (loss) carried forward14 | -€51,140 | -€50,753 | -€51,113 | -€51,831 | -€51,831 | = |
| Amounts payable17/49 | €32,076 | €32,112 | €32,460 | €32,505 | €31,819 | ▼ 2.1% |
| Amounts payable within one year42/48 | €32,076 | €32,112 | €32,460 | €32,505 | €31,819 | ▼ 2.1% |
| Trade debts44 | - | - | €348 | €118 | - | - |
| Suppliers440/4 | - | - | €348 | €118 | - | - |
| Taxes, remuneration and social security45 | €20,549 | €20,586 | €20,586 | €20,586 | €20,500 | ▼ 0.4% |
| Taxes450/3 | €49 | €86 | €86 | €86 | - | - |
| Remuneration and social security454/9 | €20,500 | €20,500 | €20,500 | €20,500 | €20,500 | = |
| Other amounts payable47/48 | €11,526 | €11,526 | €11,526 | €11,801 | €11,319 | ▼ 4.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,994 | €387 | -€360 | -€718 | - | - |
| + Depreciation and write-downs630 | €200 | - | - | - | - | - |
| Operating cash flow (approximation) | -€3,794 | €387 | -€360 | -€718 | - | - |
| Change in cash | - | €423 | -€12 | -€673 | - | - |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €387
Net result €387 after 4 loss-making years.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet -€11,024
Net result drops to -€11,024, the lowest in the series; recovery starts the following year.
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
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.
Location & real-estate footprint
Registered office, Bonheiden · 1 establishment unit since 1993
Ground area
1,007 m²
Building footprint
261 m²
Volume, LiDAR
1,248 m³
Parcel 12031D0404/00C000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CADRAGE
since 19932.064.839.790
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12031D0404/00C000 | Flanders | 1,007 m² | 1 · 261 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded17-11-1993
Fiscal year end30-09
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.