CADRAN - SAINT-SEVERIN
ActiveSummary
CADRAN - SAINT-SEVERIN has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,782) and a net result of -€30,958. Equity has been shrinking by about 29% per year since 2018. Its solvency ranks better than 15% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Official details
Source: KBO- Status
- Active since 25-06-2010 Normal situation
- Registered office
- 25 active companies are registered at this address Source: KBO register, as of 1 November 2026.
- Activity
- Development of residential building projects NACE 68121
- Establishment unit
- 2.190.928.607 4020 Liège, since 31-08-2010
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- BERNARD CONSTRUCTIONDirector · since 10-09-2014 · permanent representative Sébastien GRUTMAN
Shareholders
- CADRAN HOLDING100%· score 532025 annual accounts of CADRAN HOLDING
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
Annual accounts 2025
- Gross margin
- -€30,302
- ▼ 85.2%
- Loss
- €30,958
- ▲ 86.1%
- Equity
- -€8,782
- Total assets
- €452,918
- ▼ 6.8%
- Negative equity on 31-12-2025
- 2025 accounts filed 38 days after the deadline
Filed on 07-09-2026
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 20.25, cash €823, halvedLast filed accounts filed 38 days late; 1 of the last 3 accounts lateNegative equity -€8,782lowers riskSize: total assets €452,918Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 24% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency
23-7
equity -1.9% of total assets
Liquidity
50-3
short-term debt 4.8% · cash 0.2%
Profitability
20-9
return on assets -6.8%
Bankruptcy probability within 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.6%▼ -0.1 percentage points vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.2%▲ +0.5 percentage points vs 07-2025highest value
09-2025: 0.2%▼ -1.0 percentage point vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025lowest value
11-2025: 0.2%● unchanged vs 10-2025lowest value
12-2025: 0.2%● unchanged vs 11-2025lowest value
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026
10-2026: 1.2%▲ +0.6 percentage points vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
No credit on open account
Liquidity is ample, with a current ratio of 20.25 (22.59 in 2024), above the usual 1.5. Short-term debt is 4.8% and cash 0.2% of total assets. However, equity is negative.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 18% of them on solvency, 52% on liquidity, 21% on profitability and 4% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€8,782
raises risk · 2025 accounts filed 38 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
38 days late
2024
29 days late
2023
29 days late
2022
29 days late
2021
29 days late
2020
31 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 39 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Recent changes
- · Gazette deed Change of role: BERNARD CONSTRUCTION, from manager to directorPermanent representative: Sébastien GRUTMAN
- · Gazette deed Resignation: Nathan Schreiber (manager)
- · Gazette deed Incorporation
Companies linked to CADRAN - SAINT-SEVERIN
Comparable companies
These companies have the same main activity as CADRAN - SAINT-SEVERIN: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €354,000 and €497,000, founded between 2009 and 2011.
| Company | Total assets | Gross margin |
|---|---|---|
| CADRAN - SAINT-SEVERIN Villers-le-Bouillet | €452,918 | -€30,302 |
| AZUR PROMOTION Herstal | €416,568 | -€18,660 |
| Immobilière de la Digue Comblain-au-Pont | €354,134 | -€26,048 |
| DUSTHER Chapelle-lez-Herlaimont | €415,017 | -€3,635 |
| Limimmo Hasselt | €421,650 | -€5,683 |
| MORETUS GROEP Stabroek | €496,732 | -€3,264 |
| B2 REAL ESTATE Waterloo | €455,822 | -€8,272 |
Key facts about CADRAN - SAINT-SEVERIN
- What is the company number of CADRAN - SAINT-SEVERIN?
- The company number of CADRAN - SAINT-SEVERIN is 0826.946.477. The VAT number is the same number with BE in front: BE 0826.946.477.
- Where is CADRAN - SAINT-SEVERIN based?
- The registered office is at Rue le Marais 14, 4530 Villers-le-Bouillet.Company details
- What does CADRAN - SAINT-SEVERIN do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of CADRAN - SAINT-SEVERIN?
- The legal form of CADRAN - SAINT-SEVERIN is Private limited company (pre-2019) (BVBA).
- When was CADRAN - SAINT-SEVERIN founded?
- CADRAN - SAINT-SEVERIN was founded on 25-06-2010.
- Is CADRAN - SAINT-SEVERIN still active?
- Yes, CADRAN - SAINT-SEVERIN is an active enterprise in the KBO register.
- What is the turnover of CADRAN - SAINT-SEVERIN?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is CADRAN - SAINT-SEVERIN profitable?
- In financial year 2025, CADRAN - SAINT-SEVERIN made a loss of €30,958.
- Where can I find the annual accounts of CADRAN - SAINT-SEVERIN?
- CADRAN - SAINT-SEVERIN filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CADRAN - SAINT-SEVERIN due?
- CADRAN - SAINT-SEVERIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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