CADUCEE
ActiveSummary
CADUCEE has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,683 and a net result of €7,067. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 1538 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+2
Solvency92▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.19 against 2.79 in 2024; short-term debt: 32.9% and cash: 1.6% of total assets), and 33.3% of the assets are financed with debt.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
9 d early
2023
2 d early
2022
19 d early
2021
48 d early
2020
2 d early
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 22 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
In the rankings
#4 oldest company in Ham-sur-Heure-Nalinnes, Administrative and support services sector
Equity
€28,683▲ 32.7%
2024 · €21,616
Total assets
€43,030▲ 36.4%
2024 · €31,550
Net result
€7,067▲ 53.2%
2024 · €4,614
Working capital
€16,881▼ 3.0%
2024 · €17,407
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€605▼ 89.6%€1,180▲ 94.9%€2,541▲ 115%€7,103▲ 180%€11,114▲ 56.5%
Net result€324within the sector's middle half▼ 90.8%€905within the sector's middle half▲ 179%€1,614within the sector's middle half▲ 78.3%€4,614within the sector's middle half▲ 186%€7,067within the sector's middle half▲ 53.2%
Equity€14,483within the sector's middle half▲ 2.3%€15,388within the sector's middle half▲ 6.3%€17,002within the sector's middle half▲ 10.5%€21,616within the sector's middle half▲ 27.1%€28,683within the sector's middle half▲ 32.7%
Total assets€17,084below the sector's middle half▼ 9.7%€22,802below the sector's middle half▲ 33.5%€19,760below the sector's middle half▼ 13.3%€31,550below the sector's middle half▲ 59.7%€43,030below the sector's middle half▲ 36.4%
Debt€2,601▼ 45.5%€7,413▲ 185%€2,757▼ 62.8%€9,934▲ 260%€14,347▲ 44.4%
Working capital€10,921within the sector's middle half▲ 9.5%€9,220within the sector's middle half▼ 15.6%€11,804within the sector's middle half▲ 28.0%€17,407within the sector's middle half▲ 47.5%€16,881within the sector's middle half▼ 3.0%
Solvency84.8%above the sector's middle half▲ 10.0pp67.5%above the sector's middle half▼ 17.3pp86.0%above the sector's middle half▲ 18.6pp68.5%above the sector's middle half▼ 17.5pp66.7%above the sector's middle half▼ 1.9pp
Current ratio5.50above the sector's middle half▲ 2.332.27within the sector's middle half▼ 3.235.57above the sector's middle half▲ 3.302.79above the sector's middle half▼ 2.782.19within the sector's middle half▼ 0.59
Return on assets (ROA)1.9%within the sector's middle half▼ 16.8pp4.0%within the sector's middle half▲ 2.1pp8.2%within the sector's middle half▲ 4.2pp14.6%above the sector's middle half▲ 6.5pp16.4%above the sector's middle half▲ 1.8pp
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 56% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43,030
Fixed assets
€12,000 ▲ 173%
Current assets
€31,029 ▲ 14.3%
Equity and liabilities €43,030
Equity
€28,683 ▲ 32.7%
Debt
€14,347 ▲ 44.4%
Debt's share of the balance-sheet total rises from 31.5% to 33.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12,628▲
2024 · €8,072
Cash flow
€8,581▲
2024 · €5,584
Debt to equity
0.50▲
2024 · 0.46
ROE
24.6%▲
2024 · 21.3%
Interest coverage
29.99▼
2024 · 82.43
Debt ≤ 1 year
€14,148▲
2024 · €9,741
Income taxes
€3,626▲
2024 · €2,391
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €623 | €864 | €970 | €970 | €1,514 | ▲ 56.1% |
| Other operating charges640/8 | - | €348 | €348 | €403 | €393 | ▼ 2.6% |
| Gross operating margin9900 | €1,575 | €2,391 | €3,858 | €8,475 | €13,021 | ▲ 53.6% |
| Operating profit (loss)9901 | €605 | €1,180 | €2,541 | €7,103 | €11,114 | ▲ 56.5% |
| Financial income75/76B | - | - | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | - | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €91 | €99 | €98 | €421 | ▲ 330% |
| Recurring financial charges65 | €120 | €91 | €99 | €98 | €421 | ▲ 330% |
| Profit (loss) for the period before taxes9903 | €485 | €1,089 | €2,442 | €7,005 | €10,693 | ▲ 52.7% |
| Income taxes67/77 | €161 | €183 | €828 | €2,391 | €3,626 | ▲ 51.7% |
| Profit (loss) for the period9904 | €324 | €905 | €1,614 | €4,614 | €7,067 | ▲ 53.2% |
| Profit (loss) for the period to be appropriated9905 | €324 | €905 | €1,614 | €4,614 | €7,067 | ▲ 53.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17,084 | €22,802 | €19,760 | €31,550 | €43,030 | ▲ 36.4% |
| Fixed assets21/28 | €3,736 | €6,342 | €5,372 | €4,402 | €12,000 | ▲ 173% |
| Tangible fixed assets22/27 | €3,736 | €6,342 | €5,372 | €4,402 | €12,000 | ▲ 173% |
| Furniture and vehicles24 | - | €6,342 | €5,372 | €4,402 | €12,000 | ▲ 173% |
| Current assets29/58 | €13,349 | €16,460 | €14,388 | €27,148 | €31,029 | ▲ 14.3% |
| Amounts receivable within one year40/41 | €12,688 | €16,421 | €13,749 | €24,800 | €30,350 | ▲ 22.4% |
| Trade receivables40 | - | €11,239 | €10,090 | €22,145 | €27,459 | ▲ 24.0% |
| Other amounts receivable41 | - | €5,182 | €3,659 | €2,655 | €2,891 | ▲ 8.9% |
| Cash at bank and in hand54/58 | €661 | €39 | €639 | €2,348 | €679 | ▼ 71.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17,084 | €22,802 | €19,760 | €31,550 | €43,030 | ▲ 36.4% |
| Equity10/15 | €14,483 | €15,388 | €17,002 | €21,616 | €28,683 | ▲ 32.7% |
| Contributions10/11 | - | €6,205 | €6,205 | €6,205 | €6,205 | = |
| Reserves13 | €6,003 | €6,909 | €8,523 | €13,137 | €20,204 | ▲ 53.8% |
| Non-distributable reserves130/1 | - | €872 | €872 | €872 | €872 | = |
| Reserves not available under the articles1311 | - | €872 | €872 | €872 | €872 | = |
| Distributable reserves133 | - | €6,037 | €7,651 | €12,265 | €19,332 | ▲ 57.6% |
| Profit (loss) carried forward14 | €2,274 | €2,274 | €2,274 | €2,274 | €2,274 | = |
| Amounts payable17/49 | €2,601 | €7,413 | €2,757 | €9,934 | €14,347 | ▲ 44.4% |
| Amounts payable within one year42/48 | €2,428 | €7,240 | €2,584 | €9,741 | €14,148 | ▲ 45.2% |
| Trade debts44 | €1,908 | €6,702 | €1,402 | €5,819 | €9,248 | ▲ 58.9% |
| Suppliers440/4 | - | €6,702 | €1,402 | €5,819 | €9,248 | ▲ 58.9% |
| Taxes, remuneration and social security45 | - | €183 | €828 | €2,772 | €3,626 | ▲ 30.8% |
| Taxes450/3 | - | €183 | €828 | €2,772 | €3,626 | ▲ 30.8% |
| Other amounts payable47/48 | - | €354 | €354 | €1,150 | €1,274 | ▲ 10.8% |
| Accrued charges and deferred income492/3 | - | €174 | €174 | €193 | €198 | ▲ 2.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €324 | €905 | €1,614 | €4,614 | €7,067 | ▲ 53.2% |
| + Depreciation and write-downs630 | €623 | €864 | €970 | €970 | €1,514 | ▲ 56.1% |
| Operating cash flow (approximation) | €947 | €1,769 | €2,584 | €5,584 | €8,581 | ▲ 53.7% |
| Investment in fixed assets (approximation) | - | -€3,470 | €0 | €0 | -€9,112 | - |
| Change in cash | - | -€622 | €600 | €1,709 | -€1,669 | ▼ 198% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €7,067 ▲53.2%
Operating result €11,114, net result €7,067, both a record.
22-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity doublescurrent ratio 5.57
Current ratio from 2.27 to 5.57; short-term debt falls from €7,240 to €2,584.
12-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €324 ▼90.8%
Net result drops to €324, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Ham-sur-Heure-Nalinnes · 1 establishment unit since 1996
Ground area
2,804 m²
Building footprint
370 m²
Volume, LiDAR
2,679 m³
Parcel 56058A0597/00L000, Wallonia · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CADUCEE SPRL
since 19962.077.956.665
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56058A0597/00L000 | Wallonia | 2,804 m² | 1 · 370 m² | 12.4 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.
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Of 175 companies in sector 77330 we hold annual accounts for 111. 54 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 (pre-2019)
Founded19-07-1996
Fiscal year end30-06
Activities, NACEBEL 2025
77330Rental and leasing activities
77225Rental and leasing activities
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458533648
Also
9925:BE0458533648
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.