CAIMAN
ActiveSummary
CAIMAN has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €51,097 and a net result of €7,359. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+8
Solvency96▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 11.37 against 12.23 in 2023; short-term debt: 7.4% and cash: 43.7% of total assets), and 28.7% of the assets are financed with debt.
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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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
71.3%
Return on assets
10.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-05-2025, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
66 d early
2023
35 d early
2022
31 d early
2021
52 d early
2020
38 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#6 oldest company in Berlare, Telecoms and IT sector
Equity
€51,097▲ 14.6%
2023 · €44,598
Total assets
€71,637▲ 15.6%
2023 · €61,971
Net result
€7,359▲ 167%
2023 · €2,753
Working capital
€54,590▲ 36.0%
2023 · €40,130
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€13,945▲ 1,816%€10,247▼ 26.5%€11,023▲ 7.6%€3,774▼ 65.8%€10,145▲ 169%
Net result€10,871▲ 2,791%€7,172▼ 34.0%€8,019▲ 11.8%€2,753▼ 65.7%€7,359▲ 167%
Equity€26,654▲ 68.9%€33,826▲ 26.9%€41,845▲ 23.7%€44,598▲ 6.6%€51,097▲ 14.6%
Total assets€60,258▲ 37.3%€62,714▲ 4.1%€60,757▼ 3.1%€61,971▲ 2.0%€71,637▲ 15.6%
Debt€33,604▲ 19.6%€28,888▼ 14.0%€18,913▼ 34.5%€17,373▼ 8.1%€20,540▲ 18.2%
Working capital€33,659▲ 62.4%€41,297▲ 22.7%€47,280▲ 14.5%€40,130▼ 15.1%€54,590▲ 36.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 169% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71,637
Fixed assets
€11,781 ▼ 35.5%
Current assets
€59,856 ▲ 37.0%
Equity and liabilities €71,637
Equity
€51,097 ▲ 14.6%
Debt
€20,540 ▲ 18.2%
Debt's share of the balance-sheet total rises from 28.0% to 28.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16,630▲
2023 · €9,028
Cash flow
€13,843▲
2023 · €8,007
Current ratio
11.37▼
2023 · 12.23
Quick ratio
10.93▼
2023 · 11.58
Debt to equity
0.40▲
2023 · 0.39
ROE
14.4%▲
2023 · 6.2%
ROA
10.3%▲
2023 · 4.4%
Interest coverage
139.23▼
2023 · 214.48
Debt ≤ 1 year
€5,266▲
2023 · €3,575
Income taxes
€2,672▲
2023 · €1,032
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,393 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,522 | €3,202 | €3,202 | €5,254 | €6,485 | ▲ 23.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2,306 | - | - |
| Other operating charges640/8 | - | €520 | €521 | €557 | €565 | ▲ 1.3% |
| Gross operating margin9900 | €18,172 | €13,969 | €14,745 | €11,891 | €17,195 | ▲ 44.6% |
| Operating profit (loss)9901 | €13,945 | €10,247 | €11,023 | €3,774 | €10,145 | ▲ 169% |
| Financial income75/76B | - | €0 | €4 | €54 | €4 | ▼ 91.9% |
| Recurring financial income75 | €29 | €0 | €4 | €54 | €4 | ▼ 91.9% |
| Financial charges65/66B | - | €381 | €288 | €42 | €119 | ▲ 184% |
| Recurring financial charges65 | €358 | €381 | €288 | €42 | €119 | ▲ 184% |
| Profit (loss) for the period before taxes9903 | €13,617 | €9,865 | €10,739 | €3,785 | €10,030 | ▲ 165% |
| Income taxes67/77 | €2,746 | €2,693 | €2,720 | €1,032 | €2,672 | ▲ 159% |
| Profit (loss) for the period9904 | €10,871 | €7,172 | €8,019 | €2,753 | €7,359 | ▲ 167% |
| Profit (loss) for the period to be appropriated9905 | €10,871 | €7,172 | €8,019 | €2,753 | €7,359 | ▲ 167% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60,258 | €62,714 | €60,757 | €61,971 | €71,637 | ▲ 15.6% |
| Fixed assets21/28 | €9,562 | €6,704 | €8,413 | €18,266 | €11,781 | ▼ 35.5% |
| Tangible fixed assets22/27 | €9,562 | €6,704 | €8,413 | €18,266 | €11,781 | ▼ 35.5% |
| Plant, machinery and equipment23 | - | €957 | €655 | €352 | €50 | ▼ 85.7% |
| Furniture and vehicles24 | - | €5,747 | €7,759 | €16,276 | €10,455 | ▼ 35.8% |
| Other tangible fixed assets26 | - | - | - | €1,637 | €1,276 | ▼ 22.1% |
| Current assets29/58 | €50,696 | €56,010 | €52,344 | €43,705 | €59,856 | ▲ 37.0% |
| Stocks and contracts in progress3 | - | - | - | €2,306 | €2,306 | = |
| Stocks30/36 | - | - | - | €2,306 | €2,306 | = |
| Amounts receivable within one year40/41 | €19,652 | €24,046 | €20,448 | €26,191 | €25,147 | ▼ 4.0% |
| Trade receivables40 | - | €22,522 | €19,866 | €23,948 | €24,398 | ▲ 1.9% |
| Other amounts receivable41 | - | €1,524 | €582 | €2,243 | €750 | ▼ 66.6% |
| Cash at bank and in hand54/58 | €29,824 | €31,428 | €30,688 | €14,233 | €31,311 | ▲ 120% |
| Deferred charges and accrued income490/1 | - | €537 | €1,208 | €974 | €1,092 | ▲ 12.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60,258 | €62,714 | €60,757 | €61,971 | €71,637 | ▲ 15.6% |
| Equity10/15 | €26,654 | €33,826 | €41,845 | €44,598 | €51,097 | ▲ 14.6% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €6,654 | €13,826 | €21,845 | €24,598 | €31,097 | ▲ 26.4% |
| Distributable reserves133 | - | €13,826 | €21,845 | €24,598 | €31,097 | ▲ 26.4% |
| Profit (loss) carried forward14 | -€4,803 | - | - | - | - | - |
| Amounts payable17/49 | €33,604 | €28,888 | €18,913 | €17,373 | €20,540 | ▲ 18.2% |
| Amounts payable within one year42/48 | €17,037 | €14,713 | €5,064 | €3,575 | €5,266 | ▲ 47.3% |
| Trade debts44 | €3,742 | €545 | €181 | €760 | €739 | ▼ 2.8% |
| Suppliers440/4 | - | €545 | €181 | €760 | €739 | ▼ 2.8% |
| Taxes, remuneration and social security45 | - | €2,713 | €2,496 | €1,822 | €2,838 | ▲ 55.7% |
| Taxes450/3 | - | €2,713 | €2,496 | €1,822 | €2,838 | ▲ 55.7% |
| Other amounts payable47/48 | - | €11,454 | €2,387 | €992 | €1,689 | ▲ 70.2% |
| Accrued charges and deferred income492/3 | - | €14,175 | €13,849 | €13,798 | €15,274 | ▲ 10.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,871 | €7,172 | €8,019 | €2,753 | €7,359 | ▲ 167% |
| + Depreciation and write-downs630 | €3,522 | €3,202 | €3,202 | €5,254 | €6,485 | ▲ 23.4% |
| Operating cash flow (approximation) | €14,393 | €10,374 | €11,220 | €8,007 | €13,843 | ▲ 72.9% |
| Investment in fixed assets (approximation) | - | -€344 | -€4,911 | -€15,107 | €0 | ▲ 100% |
| Change in cash | - | €1,604 | -€739 | -€16,455 | €17,078 | ▲ 204% |
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
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 10.34
Current ratio from 3.81 to 10.34; short-term debt falls from €14,713 to €5,064.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €10,871 ▲2,791%
Operating result €13,945, net result €10,871, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €376 ▼94%
Net result drops to €376, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Berlare · 1 establishment unit since 2000
Ground area
1,052 m²
Building footprint
175 m²
Volume, LiDAR
937 m³
Parcel 42022A0334/00A000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kleine Kouterstraat(U) 30, 9290 Berlare
since 20002.099.588.457
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42022A0334/00A000 | Flanders | 1,052 m² | 1 · 175 m² | 8.1 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 16,910 companies in sector 62100 we hold annual accounts for 8,775. 6,811 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
Founded20-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
47400Retail sale of information and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.