Age20 yrs
Real estate1 parcel · 2,352 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of CAIRA is 0.3% (very low). The 2023 annual accounts show equity of €270k and a net result of €-2k. Equity is shrinking by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 287 sector peers (fiscal year 2023). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 6 annual accounts.
Signals
1 signal · with evidenceStrong solvency vs sector
Solvency is in the sector's strongest quartile: better than 82% of 287 peers (2023). A comfortable equity buffer.
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideAnnual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 382 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 15-05-2025, 288 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | 15-05-2025 | 288 d late | 2025-00096583 |
| 31-12-2022 | 31-07-2023 | 28-03-2025 | 606 d late | 2025-00057139 |
| 31-12-2021 | 31-07-2022 | 25-05-2022 | 67 d early | 2022-20035507 |
| 31-12-2020 | 31-07-2021 | 07-05-2021 | 85 d early | 2021-13700245 |
| 31-12-2019 | 31-07-2020 | 20-08-2020 | 20 d late | 2020-43000444 |
| 31-12-2018 | 31-07-2019 | 11-08-2019 | 11 d late | 2019-45400572 |
| 31-12-2017 | 31-07-2018 | 23-07-2018 | 8 d early | 2018-35600545 |
| 31-12-2016 | 31-07-2017 | 24-07-2017 | 7 d early | 2017-34900566 |
| 31-12-2015 | 31-07-2016 | 14-07-2016 | 17 d early | 2016-31700319 |
| 31-12-2014 | 31-07-2015 | 18-08-2015 | 18 d late | 2015-43900021 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 2005, 20 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.3%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Annual accounts: weaker financial profile
+Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Turnover€909k+44.0%
EBIT margin7.2%+2.8pp
Net result€-2k
Working capital€252k+15.4%
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 15-05-2025 with the NBB · fiscal year 2023 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~39% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2023 · NACE 62, Computer programming & consultancy · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 74.6% | 40.5% | |
| Net result | €-2k | €26k | |
| Equity | €270k | €67k | |
| Gross operating margin | €233k | €71k | |
| Staff costs | €194k | €312k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P82
Stable position over 2020-2023
· n=106-287
P24
Stable position over 2020-2023
· n=106-286
P74
Improving position over 2020-2023
· n=106-287
P76
Improving position over 2020-2023
· n=79-240
Describes the position versus peers, not a forecast.
€909k
+44.0%
18-23
€7k
-92.6%
18-23
€-2k
-
18-23
€10k
-87.6%
18-23
€363k
+2.0%
18-23
€270k
-0.8%
18-23
€252k
+15.4%
18-23
3
-50.0%
18-23
Show 14 other metrics
€194k
-2.8%
18-23
€2k
+348.4%
18-23
€58k
-61.0%
18-23
€92k
+11.2%
18-23
€92k
+11.2%
18-23
3.73
+2.7%
18-23
2.98
+1.6%
18-23
74.6%
-2.7%
18-23
0.34
+12.1%
18-23
-0.8%
-
18-23
-0.6%
-
18-23
5.8%
-74.5%
18-23
10.1%
+49.8%
18-23
5.06
-97.5%
18-23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €7k |
| Net profit | €-2k |
| Cash flow | €10k |
| Staff costs | €194k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €363k |
| Equity | €270k |
| Debt | €92k |
| of which ≤ 1y | €92k |
| of which > 1y | - |
| Working capital | €252k |
| Employees (FTE) | 3.0 |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 3.73 |
| Quick ratio | 2.98 |
| Working capital ratio | 69.4% |
| Solvency | 74.6% |
| Debt / equity | 0.34 |
| Long-term debt ratio | - |
| Interest coverage | 5.06 |
| Gross margin | - |
| Net margin | - |
| ROA | -0.6% |
| ROE | -0.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €363k |
| Fixed assets | 21/28 | €19k |
| Tangible fixed assets | 22/27 | €14k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €344k |
| Stocks & contracts in progress | 3 | €69k |
| Amounts receivable within one year | 40/41 | €180k |
| Cash & bank | 54/58 | €87k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €363k |
| Equity | 10/15 | €270k |
| Contributions / capital | 10/11 | €200k |
| Reserves | 13 | €20k |
| Accumulated profits (losses) | 14 | €50k |
| Amounts payable | 17/49 | €92k |
| Amounts payable within one year | 42/48 | €92k |
| Trade debts payable within one year | 44 | €38k |
| Income statement | ||
| Gross operating margin | 9900 | €233k |
| Operating result | 9901 | €-5k |
| Financial income | 75 | €6k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-434 |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2023 · computed70
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Directors
Directors & mandates
1 director6 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Historic, not recently confirmed (1)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Not recently confirmedlast confirmed in an act from 2020
2 events
- 15-05-2020 Resigned· Managing director
- 15-05-2020 Mandate renewed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Ontwerpen van computerprogramma’s(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 07-11-2005 |
| Status | Active |
| Postal code | 1300 |
Locations & real estate
Registered office
on the map · from the address registerParcels1
Ground area2,352 m²
Buildings1
Building footprint823 m²
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772F0216/00W000 | Wallonia | 2,352 m² | 1 · 823 m² | - |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
5 acts Capital history · 1
11-01-2016
v3.2
Address history · 1
11-04-2025
v3.2
All acts · 5
updated 1 year ago
2025
30-07-2025 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
Court filing notice
11-04-2025 Registered office moved from Gembloux to Wavre
- Rue Jean Sonet 2, 5032 Gembloux → Chaussée de Louvain 106, 1300 Wavre
Summary:
v3.2
2020
15-05-2020 Articles of association amended
Summary:
v3.2
2019
06-12-2019 Change in the board of directors
Summary:
v3.2
2016
11-01-2016 Capital increase of €181,400 to €200,000
Analysis
Financial profile
5 of 5 axes measured62
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
70
Profitability
0
Solvency
100
Growth
42
Stability
100
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 2,809 of the 16,748 companies in this sector. 1,919 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Groothandel in informatie- en communicatieapparatuur46500Gespecialiseerde detailhandel in spellen en speelgoed52489Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Detailhandel in spellen en speelgoed47640Detailhandel in spellen en speelgoed in gespecialiseerde winkels47650Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200
Primary activity highlighted.
Names & trade names
| Legal nameNL | CAIRA |
Registered office
Chaussée de Louvain 406
1300 Wavre, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.