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Caduceus

Active
Private limited companyfounded 20179 yrs activeEuropalaan 9, 8560 Wevelgem, BelgiumKBO/BCE: BE 0672.622.645
Summary

Caduceus has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175,036 and a net result of -€987. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 16% of 12819 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability69▲+2
Solvency39▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 2.67 against 2.8 in 2024; short-term debt: 8% and cash: 1.2% of total assets), but 85.9% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
14.1%
Return on assets
-0.1%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 12819 sector peers (2025).
NBB · sector comparison
Position among 12819 sector peers
Solvency
better than 16%
← weakest strongest →
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 17-12-2025, 45 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
45 d early
2024
28 d early
2023
5 d early
2022
43 d early
2021
6 d early
2020
1 d late
2019
35 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 23 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 3 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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

History

On 13 March 2017, Caduceus was incorporated.1 Total assets went from EUR 697,325 in 2019 to EUR 1.2 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€175,036▼ 0.6%
2024 · €176,023
Total assets
€1.2m▼ 6.1%
2024 · €1.3m
Net result
-€987▼ 88.7%
2024 · -€523
Working capital
€165,240▲ 0.1%
2024 · €165,000
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€12,428▼ 50.7%€16,968▲ 36.5%€15,621▼ 7.9%€15,084▼ 3.4%€13,366▼ 11.4%
Net result€190,478above the sector's middle half▲ 2,357%-€1,133below the sector's middle half-€3,521below the sector's middle half▼ 211%-€523below the sector's middle half▲ 85.1%-€987below the sector's middle half▼ 88.7%
Equity€181,201within the sector's middle half€180,068within the sector's middle half▼ 0.6%€176,546within the sector's middle half▼ 2.0%€176,023within the sector's middle half▼ 0.3%€175,036within the sector's middle half▼ 0.6%
Total assets€1.6mabove the sector's middle half▲ 8.0%€1.5mabove the sector's middle half▼ 5.4%€1.4mabove the sector's middle half▼ 7.1%€1.3mabove the sector's middle half▼ 6.1%€1.2mabove the sector's middle half▼ 6.1%
Debt€1.4m▼ 4.8%€1.3m▼ 6.0%€1.2m▼ 7.8%€1.1m▼ 6.9%€1.1m▼ 7.0%
Working capital€159,119within the sector's middle half€162,844within the sector's middle half▲ 2.3%€163,014within the sector's middle half▲ 0.1%€165,000within the sector's middle half▲ 1.2%€165,240above the sector's middle half▲ 0.1%
Solvency11.4%below the sector's middle half▲ 12.0pp11.9%below the sector's middle half▲ 0.6pp12.6%below the sector's middle half▲ 0.7pp13.4%below the sector's middle half▲ 0.8pp14.1%below the sector's middle half▲ 0.8pp
Current ratio2.42within the sector's middle half▲ 1.892.47within the sector's middle half▲ 0.052.79within the sector's middle half▲ 0.322.80within the sector's middle half▲ 0.012.67within the sector's middle half▼ 0.13
Return on assets (ROA)11.9%within the sector's middle half▲ 11.4pp-0.1%below the sector's middle half▼ 12.0pp-0.3%below the sector's middle half▼ 0.2pp0.0%below the sector's middle half▲ 0.2pp-0.1%below the sector's middle half=
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting 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
-€50,000€0€50,000€100,000€150,000€200,000Operating result 2021: €12,428€12,428Net result 2021: €190,478€190,478Operating result 2022: €16,968€16,968Net result 2022: -€1,133-€1,133Operating result 2023: €15,621€15,621Net result 2023: -€3,521-€3,521Operating result 2024: €15,084€15,084Net result 2024: -€523-€523Operating result 2025: €13,366€13,366Net result 2025: -€987-€98720212022202320242025-€5,000€0€5,000€10,000€15,000Operating result 2023: €15,621€15,600Net result 2023: -€3,521-€3,520Operating result 2024: €15,084€15,100Net result 2024: -€523-€523Operating result 2025: €13,366€13,400Net result 2025: -€987-€987202320242025
The operating result has fallen three years in a row; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €973,391 ▼ 8.3%
Current assets €263,948 ▲ 2.8%
Equity and liabilities €1.2m
Equity €175,036 ▼ 0.6%
Debt €1.1m ▼ 7.0%
Debt's share of the balance-sheet total falls from 86.6% to 85.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€101,299▼
2024 · €103,100
Cash flow
€86,946▼
2024 · €87,493
Debt to equity
6.07▼
2024 · 6.49
ROE
-0.6%▼
2024 · -0.3%
Interest coverage
6.09▲
2024 · 5.79
Debt ≤ 1 year
€98,708▲
2024 · €91,641
Debt > 1 year
€963,595▼
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 747 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a small loss
1.2% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 747 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.2m▼
Fixed assets21/28€1.1m€973,391▼
Tangible fixed assets22/27€1.1m€973,391▼
Land and buildings22€830,334€782,610▼
Plant, machinery and equipment23€141,108€115,253▼
Furniture and vehicles24€70,133€55,778▼
Other tangible fixed assets26€19,750€19,750=
Current assets29/58€256,640€263,948▲
Amounts receivable within one year40/41€251,508€242,064▼
Trade receivables40€16,476€4,837▼
Other amounts receivable41€235,032€237,227▲
Cash at bank and in hand54/58€2,933€14,428▲
Deferred charges and accrued income490/1€2,199€7,456▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.2m▼
Equity10/15€176,023€175,036▼
Contributions10/11€12,400€12,400=
Reserves13€163,623€162,636▼
Distributable reserves133€163,623€162,636▼
Amounts payable17/49€1.1m€1.1m▼
Amounts payable after more than one year17€1.1m€963,595▼
Financial debts170/4€1.1m€963,595▼
Amounts payable within one year42/48€91,641€98,708▲
Current portion of amounts payable after more than one year42€85,507€86,706▲
Trade debts44€513€5,470▲
Suppliers440/4€513€5,470▲
Taxes, remuneration and social security45€5,620€6,532▲
Taxes450/3€5,620€6,532▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88,016€87,934▼
Other operating charges640/8€5,137€9,669▲
Gross operating margin9900€108,237€110,968▲
Operating profit (loss)9901€15,084€13,366▼
Financial income75/76B€2,199€2,269▲
Recurring financial income75€2,199€2,269▲
Financial charges65/66B€17,806€16,621▼
Recurring financial charges65€17,806€16,621▼
Profit (loss) for the period before taxes9903-€523-€987▼
Profit (loss) for the period9904-€523-€987▼
Profit (loss) for the period to be appropriated9905-€523-€987▼
Appropriation of the result
Profit (loss) to be appropriated9906-€523-€987▼
Transfer from equity791/2€523€987▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88,016€88,016€88,016€88,016€87,934▼ 0.1%
Other operating charges640/8-€411€4,707€5,137€9,669▲ 88.2%
Gross operating margin9900€101,018€105,395€108,344€108,237€110,968▲ 2.5%
Operating profit (loss)9901€12,428€16,968€15,621€15,084€13,366▼ 11.4%
Financial income75/76B-€2,100€2,121€2,199€2,269▲ 3.2%
Recurring financial income75€200,089€2,100€2,121€2,199€2,269▲ 3.2%
Financial charges65/66B-€20,201€21,263€17,806€16,621▼ 6.7%
Recurring financial charges65€21,872€20,201€21,263€17,806€16,621▼ 6.7%
Profit (loss) for the period before taxes9903€190,645-€1,133-€3,521-€523-€987▼ 88.7%
Income taxes67/77€167-----
Profit (loss) for the period9904€190,478-€1,133-€3,521-€523-€987▼ 88.7%
Profit (loss) for the period to be appropriated9905€190,478-€1,133-€3,521-€523-€987▼ 88.7%
Line20212022202320242025Change
Assets
Total assets20/58€1.6m€1.5m€1.4m€1.3m€1.2m▼ 6.1%
Fixed assets21/28€1.3m€1.2m€1.1m€1.1m€973,391▼ 8.3%
Tangible fixed assets22/27€1.3m€1.2m€1.1m€1.1m€973,391▼ 8.3%
Land and buildings22-€925,782€878,058€830,334€782,610▼ 5.7%
Plant, machinery and equipment23-€192,816€166,962€141,108€115,253▼ 18.3%
Furniture and vehicles24-€99,009€84,571€70,133€55,778▼ 20.5%
Other tangible fixed assets26-€19,750€19,750€19,750€19,750=
Current assets29/58€271,076€273,486€253,975€256,640€263,948▲ 2.8%
Amounts receivable within one year40/41€250,401€257,395€238,810€251,508€242,064▼ 3.8%
Trade receivables40-€27,602€6,191€16,476€4,837▼ 70.6%
Other amounts receivable41-€229,793€232,619€235,032€237,227▲ 0.9%
Cash at bank and in hand54/58€18,681€13,991€13,044€2,933€14,428▲ 392%
Deferred charges and accrued income490/1-€2,100€2,121€2,199€7,456▲ 239%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.5m€1.4m€1.3m€1.2m▼ 6.1%
Equity10/15€181,201€180,068€176,546€176,023€175,036▼ 0.6%
Contributions10/11-€12,400€12,400€12,400€12,400=
Reserves13€168,801€167,668€164,146€163,623€162,636▼ 0.6%
Distributable reserves133-€167,668€164,146€163,623€162,636▼ 0.6%
Profit (loss) carried forward14-€29,429-----
Amounts payable17/49€1.4m€1.3m€1.2m€1.1m€1.1m▼ 7.0%
Amounts payable after more than one year17€1.3m€1.2m€1.1m€1.1m€963,595▼ 8.3%
Financial debts170/4-€1.2m€1.1m€1.1m€963,595▼ 8.3%
Amounts payable within one year42/48€111,957€110,642€90,961€91,641€98,708▲ 7.7%
Current portion of amounts payable after more than one year42-€83,158€84,324€85,507€86,706▲ 1.4%
Trade debts44€20,443€20,749€1,014€513€5,470▲ 965%
Suppliers440/4-€20,749€1,014€513€5,470▲ 965%
Taxes, remuneration and social security45-€5,607€5,622€5,620€6,532▲ 16.2%
Taxes450/3-€5,607€5,622€5,620€6,532▲ 16.2%
Other amounts payable47/48-€1,128----
Line20212022202320242025Change
Profit (loss) for the period9904€190,478-€1,133-€3,521-€523-€987▼ 88.7%
+ Depreciation and write-downs630€88,016€88,016€88,016€88,016€87,934▼ 0.1%
Operating cash flow (approximation)€278,494€86,883€84,494€87,493€86,946▼ 0.6%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€4,690-€947-€10,111€11,495▲ 214%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
17-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
03-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Weakest financial yearnet -€3,521
Net result drops to -€3,521, the lowest in the series; recovery starts the following year.
2022
19-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
25-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Highest result since 2019net €190,478 ▲2,357%
Net result €190,478, the highest in the series.
30-06
Financial Liquidity times 5current ratio 2.42
Current ratio from 0.53 to 2.42.
30-06
Financial Equity above €150,000Eq €181,201
3 profitable years in a row build equity to €181,201.
01-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2019
27-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
31-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
1,352 m²
Building footprint
268 m²
Volume, LiDAR
17 m³
Parcel 34012C0151/00D000, Flanders · tallest building 5.9 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
CADUCEUS
Europalaan 9, 8560 WevelgemActivities of notaries
since 20172.264.894.273
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34012C0151/00D000 Flanders 1,352 m² 1 · 268 m² 5.8 m
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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. OPUS ONE 100%
  2. Caduceus

Highest known parent: OPUS ONE. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 2,261 companies in sector 69102 we hold annual accounts for 1,755. 1,448 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
Founded13-03-2017
Fiscal year end30-06
Activities, NACEBEL 2025
69102Activities of notaries
Contact
E-mail CADUCEUS@telenet.be
E-mail orinn.vijncke@belnot.beWevelgem
E-invoicing
Reachable via Peppol
Peppol ID 0208:0672622645
Also 9925:BE0672622645
Registered 10-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.