Debts
€7,598 72% of the balance sheet
CAGODE
Overview
Lifetime
8 annual accounts with figures on one time axispeak €30,736 (2010)
€3,002▲ 13.4%
lowest -€16,232 (2016)
€2,769▲ €19,001
peak €16,483 (2015)
€3,017▲ 12×
€7,598▼ 30.0%
peak 1.3 FTE (2010)
-not published
Board1 name since 2018
-
Documentsfilings and deeds
31-08-201831 days late
2017micro format
Gross margin from €2,648 to €3,002Back to profit: €2,769Equity from €249 to €3,017Debts from €10,850 to €7,598Cash from €10,585 to €282
Key points
from the 2017 annual accounts, the last ones filedFilings
8 annual accounts 1 late
The 2017 accounts came 31 days late. The other seven were filed on time.
No score
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Ghent, Ostend division · judgment of 23-03-2026 · Bankruptcy
Bankruptcy published
Enterprise Court of Ghent, Ostend division · judgment of 25-02-2021 · Bankruptcy
Transfer of 38 shares from Gyakwa Ama to Boahen Deborah
Resignation: Gyakwa Ama (manager) · Gyakwa Ama holds 38 shares · Boahen Deborah holds 148 shares · General meeting of 30-07-2018 · Gazette deed
Incorporation
4 publications in the Belgian Official Gazette, the last on 04-09-2018 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 10-02-2010 · bankruptcy closed on 23-03-2026
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2017
- €3,002▲ 13.4%
- ≈ €23,000estimated
- €2,769
- €3,017▲ 12×
- €10,615▼ 4.4%
- Filing
- Filed on 31-08-2018
Insights on CAGODE
Equity fell from €16,483 in 2015 to €3,017 in 2017.
On 25 February 2021 the court declared CAGODE bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2017
micro format, filed on 31-08-2018, 31 days late€3,002
▲ 13.4%
€2,957
▲ €10,088
€2,769
▲ €19,001
€3,017
▲ 12×
28.4%
▲ 26.2 percentage points
1.40
▲ 0.37
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €23,000. Estimated: probably between €10,000 and €55,000.
Balance sheet
balance sheet total €10,615 on 31-12-2017What the company ownsHow it is paid for
in euro
in euro
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
10,615 | 11,099 | 27,186 | 16,386 | 16,734 | 13,207 | 13,593 | 10,610 | |
21/28 |
- | - | 607 | 1,214 | - | - | - | - | |
22/27 |
- | - | 607 | 1,214 | - | - | - | - | |
24 |
- | - | 607 | 1,214 | - | - | - | - | |
29/58 |
10,615 | 11,099 | 26,579 | 15,172 | 16,734 | 13,207 | 13,593 | 10,610 | |
3 |
7,654 | - | - | - | 242 | 230 | 22 | - | |
30/36 |
7,654 | - | - | - | 242 | 230 | 22 | - | |
40/41 |
2,680 | 514 | 11,284 | 11,950 | 11,219 | 5,824 | 2,512 | 3,690 | |
40 |
- | - | - | - | - | - | 312 | - | |
41 |
2,680 | 514 | 11,284 | 11,950 | 11,219 | 5,824 | 2,200 | 3,690 | |
54/58 |
282 | 10,585 | 15,295 | 3,222 | 5,273 | 7,153 | 9,958 | 6,474 | |
490/1 |
- | - | - | - | - | - | 1,101 | 446 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
10,615 | 11,099 | 27,186 | 16,386 | 16,734 | 13,207 | 13,593 | 10,610 | |
10/15 |
3,017 | 249 | 16,483 | 15,057 | 15,176 | 10,632 | 11,869 | 9,548 | |
10/11 |
6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
12,300 | 12,300 | 12,300 | 12,300 | 12,300 | 12,300 | 12,300 | 12,300 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
14 |
-5,143 | -7,911 | 8,323 | 6,897 | 7,016 | 2,472 | 3,709 | 1,388 | |
17/49 |
7,598 | 10,850 | 10,703 | 1,329 | 1,558 | 2,575 | 1,724 | 1,062 | |
42/48 |
7,598 | 10,850 | 10,703 | 1,329 | 1,558 | 2,575 | 1,724 | 1,062 | |
44 |
- | 908 | 273 | 957 | 122 | 851 | - | - | |
440/4 |
- | 908 | 273 | 957 | 122 | 851 | - | - | |
45 |
4,159 | 9,942 | 5,930 | 372 | 1,436 | 1,724 | 1,724 | 1,062 | |
450/3 |
4,159 | - | 5,820 | 372 | 1,436 | 39 | 1,724 | 1,062 | |
454/9 |
- | 9,942 | 110 | - | - | 1,685 | - | - | |
47/48 |
3,439 | - | 4,500 | - | - | - | - | - | |
| Income statement | |||||||||
9900 |
3,002 | 2,648 | 19,814 | 8,294 | 16,835 | 7,345 | 9,028 | 30,736 | |
62 |
- | 9,231 | 7,535 | 7,956 | 9,242 | 7,851 | 5,599 | 25,717 | |
630 |
- | - | 607 | 607 | - | - | - | - | |
640/8 |
45 | 548 | 292 | 136 | 559 | 572 | 497 | 597 | |
66A |
- | - | - | - | 1,081 | - | - | - | |
9901 |
2,957 | -7,131 | 11,380 | -405 | 7,034 | -1,078 | 2,932 | 4,422 | |
75/76B |
- | 20 | 11 | 39 | 95 | 2 | 152 | 51 | |
75 |
- | 20 | 11 | 39 | 95 | 2 | 152 | 51 | |
65/66B |
189 | 9,122 | 80 | 60 | 106 | 161 | 94 | 196 | |
65 |
189 | 74 | 80 | 60 | 106 | 161 | 94 | 196 | |
66B |
- | 9,047 | - | - | - | - | - | - | |
9903 |
2,769 | -16,232 | 11,311 | -426 | 5,942 | -1,237 | 2,990 | 4,277 | |
67/77 |
- | - | 3,721 | -307 | 1,398 | - | 669 | 1,029 | |
9904 |
2,769 | -16,232 | 7,590 | -119 | 4,544 | -1,237 | 2,321 | 3,248 | |
9905 |
2,769 | -16,232 | 7,590 | -119 | 4,544 | -1,237 | 2,321 | 3,248 | |
| Appropriation of the result | |||||||||
9906 |
-5,143 | -7,911 | 14,487 | 6,897 | 7,016 | 2,472 | 3,709 | 3,248 | |
691/2 |
- | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
694/7 |
- | - | 6,164 | - | - | - | - | - | |
694 |
- | - | 6,164 | - | - | - | - | - | |
| Social balance sheet | |||||||||
9087 |
- | 0.4 | 0.1 | 0.3 | 0.5 | 0.4 | 0.2 | 1.3 | |
Hours worked1013 |
- | 726 | 588 | 107 | 869 | 786 | 254 | 2,477 | |
| Document | |||||||||
Source: Annual accounts 2017 (PDF), filed on 31-08-2018.
Filings
each dot is a set of accounts, on the day it reached the National Bank2017 annual accounts filed 31 days after the deadline. Filed on 31 August 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-59900285.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2017 | micro format | 31-08-2018 | 2018-59900285 | |
| 31-12-2016 | micro format | 14-06-2017 | 2017-17100353 | |
| 31-12-2015 | abbreviated format | 30-05-2016 | 2016-13600099 | |
| 31-12-2014 | abbreviated format | 12-06-2015 | 2015-16600094 | |
| 31-12-2013 | abbreviated format | 04-06-2014 | 2014-14800360 | |
| 31-12-2012 | abbreviated format | 07-06-2013 | 2013-15600053 | |
| 31-12-2011 | abbreviated format | 30-05-2012 | 2012-13000092 | |
| 31-12-2010 | abbreviated format | 31-05-2011 | 2011-12700424 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|
| - | - | 11,987 | 202 | - | - | - | - | ||
| - | - | 8,197 | 488 | - | - | - | - | ||
| - | - | 0 | 1,821 | - | - | - | - | ||
| -10,304 | -4,710 | 12,073 | -2,051 | -1,880 | -2,805 | 3,484 | - | ||
| 3,017 | 249 | 15,876 | 13,843 | 15,176 | 10,632 | 11,869 | 9,548 | ||
| 28.4% | 2.2% | 60.6% | 91.9% | 90.7% | 80.5% | 87.3% | 90.0% | ||
| 1.40 | 1.02 | 2.48 | 11.42 | 10.74 | 5.13 | 7.88 | 9.99 | ||
| 0.39 | 1.02 | 2.48 | 11.42 | 10.59 | 5.04 | 7.87 | 9.99 | ||
| 2.52 | - | 0.65 | 0.09 | 0.10 | 0.24 | 0.15 | 0.11 | ||
| 91.8% | - | 46.0% | -0.8% | 29.9% | -11.6% | 19.6% | 34.0% | ||
| 26.1% | -146.3% | 27.9% | -0.7% | 27.2% | -9.4% | 17.1% | 30.6% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on CAGODE
The operating result for 2017 is a profit of €2,957, after a loss of €7,131 in 2016.
Debt's share of the balance-sheet total falls from 97.8% to 71.6%. Equity is higher and debt is lower.
Board & ownership
Curator
1 mandateCurator, Nijverheidsstraat 82, 8400 Oostende
from 25-02-2021 to 23-03-2026
Also on 40 other cases
Mandates through the years
1 nameGyakwa Ama
Manager
Manager
Earliermandate already running before its first mentionBankruptcy 25-02-2021
Mandates as a list
- Gyakwa Ama
- Manager, until 30-07-2018
Control
Capital
- Capital
- €6,300
- Source
- 2017 annual accounts
Shareholders
Stated in the deed
deed of 04-09-2018 ↗
- Gyakwa Ama 38 shares
- Boahen Deborah 148 shares
Share transfer
deed of 04-09-2018 ↗
- Gyakwa Ama to Boahen Deborah 38 shares
Timeline
Timeline
17 events since 2010Board
Capital
Filings
Financial
Insolvency
201020122014201620182020202220242026
2026
Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Ostend division · judgment of 23-03-2026
2021
Bankruptcy published Enterprise Court of Ghent, Ostend division · judgment of 25-02-2021
2018
Transfer of 38 shares from Gyakwa Ama to Boahen DeborahResignation: Gyakwa Ama (manager) · Gyakwa Ama holds 38 shares · Boahen Deborah holds 148 shares · General meeting of 30-07-20185 points ▸
- General meeting, 30-07-2018
- Gyakwa Ama holds 38 shares
- Boahen Deborah holds 148 shares
- Share transfer, Gyakwa Ama → Boahen Deborah, 38 shares
- Director resignation, Gyakwa Ama (manager)
Annual accounts 2017 filed PDFmicro format · 31 days late
2017
Back to profit net €2,769 The net result is €2,769, after one loss-making year.
Annual accounts 2016 filed PDFmicro format · 47 days before the deadline
2016
Weakest financial year net -€16,232 The net result drops to -€16,232, the lowest from 2010 to 2017.
Annual accounts 2015 filed PDFabbreviated format · 62 days before the deadline
2015
Back to profit net €7,590 The net result is €7,590, after one loss-making year.
Annual accounts 2014 filed PDFabbreviated format · 49 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 57 days before the deadline
2013
Back to profit net €4,544 The net result is €4,544, after one loss-making year.
Liquidity more than doubled current ratio 10.74 The current ratio rises from 5.13 to 10.74. Short-term debt falls from €2,575 to €1,558.
Annual accounts 2012 filed PDFabbreviated format · 54 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 62 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 61 days before the deadline
2010
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 04-09-2018
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
CAGODE is no longer in the KBO register.
- Last annual accounts
- financial year to 31 December 2017
- Last registered office
- Frere - Orbanstraat 6, 8400 Oostendeas published on 4 September 2018
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2010