CAFIT
ActiveFinancials · financial year 2026, micro format
Annual accounts 2026 filed on 19-10-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2026 is 5% lower than in 2025.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|
| Average over the year, in full-time equivalents | 0.2 | - | 0.3 | 0.2 |
| Joined | 9 | - | 11 | 13 |
| Left | 9 | - | 13 | 13 |
Source: social balance sheet in the 2023 to 2026 annual accounts
Investments
| Item | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|
| Financial fixed assets | €175 | - | - | €0 |
Source: notes to the 2023 to 2026 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €13,783 | €11,419 | €13,246 | €8,494 | ▼ 35.9% |
| Other operating charges640/8 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €9,577 | €10,794 | €16,299 | €11,423 | ▼ 29.9% |
| Operating profit (loss)9901 | -€4,554 | -€1,010 | €2,666 | €2,529 | ▼ 5.1% |
| Financial income75/76B | €0 | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - |
| Financial charges65/66B | €426 | €444 | €1,369 | €1,132 | ▼ 17.3% |
| Recurring financial charges65 | €426 | €444 | €1,369 | €1,132 | ▼ 17.3% |
| Profit (loss) for the period before taxes9903 | -€4,979 | -€1,454 | €1,297 | €1,397 | ▲ 7.7% |
| Profit (loss) for the period9904 | -€4,979 | -€1,454 | €1,297 | €1,397 | ▲ 7.7% |
| Profit (loss) for the period to be appropriated9905 | -€4,979 | -€1,454 | €1,297 | €1,397 | ▲ 7.7% |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €4,932 | €4,507 | €3,427 | €10,133 | ▲ 196% |
| Fixed assets21/28 | €175 | €175 | €175 | €175 | = |
| Financial fixed assets28 | €175 | €175 | €175 | €175 | = |
| Current assets29/58 | €4,757 | €4,332 | €3,252 | €9,958 | ▲ 206% |
| Amounts receivable within one year40/41 | €4,375 | €2,736 | €114 | €1,768 | ▲ 16× |
| Trade receivables40 | €94 | €195 | €0 | - | - |
| Other amounts receivable41 | €4,280 | €2,541 | €114 | €1,768 | ▲ 16× |
| Cash at bank and in hand54/58 | €382 | €1,596 | €3,138 | €8,190 | ▲ 161% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €4,932 | €4,507 | €3,427 | €10,133 | ▲ 196% |
| Equity10/15 | €2,021 | €567 | €1,864 | €3,260 | ▲ 74.9% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Profit (loss) carried forward14 | -€4,979 | -€6,433 | -€5,136 | -€3,740 | ▲ 27.2% |
| Amounts payable17/49 | €2,911 | €3,940 | €1,563 | €6,872 | ▲ 340% |
| Amounts payable within one year42/48 | €2,911 | €3,940 | €1,563 | €6,872 | ▲ 340% |
| Trade debts44 | €1,736 | €765 | €679 | €6,652 | ▲ 880% |
| Suppliers440/4 | €1,736 | €765 | €679 | €6,652 | ▲ 880% |
| Taxes, remuneration and social security45 | - | - | €884 | €220 | ▼ 75.1% |
| Remuneration and social security454/9 | - | - | €884 | €220 | ▼ 75.1% |
| Other amounts payable47/48 | €1,175 | €3,175 | €0 | - | - |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,979 | -€1,454 | €1,297 | €1,397 | ▲ 7.7% |
| Operating cash flow (approximation) | -€4,979 | -€1,454 | €1,297 | €1,397 | ▲ 7.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €1,214 | €1,542 | €5,052 | ▲ 228% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 26,972 companies had the same profile as CAFIT has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CAFIT itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for CAFIT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.