Skip to content

Cadran Properties

Active
Public limited companyfounded 20224 yrs activeMechelsesteenweg 176, 2018 Antwerpen, BelgiumKBO/BCE: BE 0787.688.104
Summary

Cadran Properties has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €182,143 and a net result of -€10,330. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 5338 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
Cadran PropertiesActiveChecked score 84/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€3.2mtotal assets 2025
Equity
€182,143
Loss
-€10,330
Financial health
84 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Parent
CORES DEVELOPMENT · 100%
Accounts 46 d early0 of 2 deeds read
Why 84- Liquidity: cash €7,510+ Size: total assets €3.2m+ Sector Real estate activities (NACE 68)+ Figures for FY 2025 (filed 15-06-2026)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Better than 22% of its sector peers (NACE 68, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 31=
equity 5.7% of total assets
Liquidity 1-99
cash 0.2%
Profitability 37=
return on assets -0.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,938 companies)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● 0.0% vs 11-2024lowest value 01-2025: 0.2%● 0.0% vs 12-2024lowest value 02-2025: 0.2%▲ +2.0% vs 01-2025 03-2025: 0.2%▲ +19.6% vs 02-2025 04-2025: 0.2%▲ +7.7% vs 03-2025 05-2025: 0.2%▲ +11.2% vs 04-2025 06-2025: 0.3%▲ +32.9% vs 05-2025 07-2025: 0.6%▲ +101% vs 06-2025 08-2025: 0.6%▲ +0.3% vs 07-2025 09-2025: 0.6%● 0.0% vs 08-2025 10-2025: 0.6%▲ +1.0% vs 09-2025 11-2025: 0.6%▼ -1.2% vs 10-2025 12-2025: 0.6%● 0.0% vs 11-2025 01-2026: 0.6%● 0.0% vs 12-2025 02-2026: 0.6%▼ -2.4% vs 01-2026 03-2026: 0.6%▲ +3.0% vs 02-2026 04-2026: 0.6%▼ -1.9% vs 03-2026 05-2026: 0.6%▲ +2.4% vs 04-2026 06-2026: 0.6%▲ +3.7% vs 05-2026 07-2026: 0.6%▼ -0.7% vs 06-2026 08-2026: 0.7%▲ +17.0% vs 07-2026 09-2026: 0.9%▲ +25.7% vs 08-2026highest value 10-2026: 0.2%▼ -72.7% vs 09-2026
  • Liquidity: cash €7,510 raises the probability
  • Size: total assets €3.2m lowers the probability for this profile
  • Sector Real estate activities (NACE 68) lowers the probability
  • Figures for FY 2025 (filed 15-06-2026) lowers the probability
Credit up to €15,000 at 30 days acceptable
cash: 0.2% of total assets, and 94.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, small). Better than this share of them on solvency 24%, liquidity 3%, profitability 32%, growth against the median 28%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: cash €7,510
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €3.2m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Figures for FY 2025 (filed 15-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€10,330
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 5338 sector peers (2025).
NBB · sector comparison
Position among 5338 sector peers
Solvency
better than 19%
← weakest strongest →
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 15-06-2026, 46 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
46 d early
2024
44 d early
2023
47 d early
2022
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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. Usually files around 16 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Liquidity times 3478current ratio 4998.33

Key points

  • Risk: 4 loss-making years in a rowloss fiscal year 2025 -€10,330 View
  • Caution: Among the weakest 20% on solvencysector median 38.1% · 5,338 companies 5.7% View
  • Controlled by CORES DEVELOPMENT 100% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€3.2m
Loss
-€10,330
Solvency
5.7%
Total assets▲ 4.0%
Net result
20222025
Go to Financials

Timeline

Events
5
Since
2023
Next accounts
by 31-07-2027
  1. 15-06-2026Annual accounts filed
  2. 17-06-2025Annual accounts filed
  3. 31-12-2024Liquidity times 3478
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
27-06-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure