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CANDEIAS

Active
Public limited companyfounded 199234 years activeWaregemseweg (W.) 154, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 0446.655.997
Summary

CANDEIAS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,151 and a net result of -€1,124. Equity is shrinking by ~17.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Activity not known1 site
Size
€14,551total assets 2025
Equity
€1,151
Loss
-€1,124
Turnover not published (abridged schema)
Financial health
84 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Accounts 49 days early0 of 3 deeds read
Why 84- Loss of €1,124, the second in a row (FY 2025)+ Size: total assets €14,551+ Founded in 1992+ Figures for FY 2025 (filed 16-06-2026)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 13% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Weak
Solvency 33-8
equity 7.9% of total assets
Liquidity 4=
short-term debt 92.1% · cash 3.0%
Profitability 18+7
return on assets -7.7%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025highest value 07-2025: 0.3%▼ -0.3 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 21% on solvency, 6% on liquidity, 16% on profitability and 9% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €14,551
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1992
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Loss of €1,124, the second in a row (FY 2025)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 16-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 days early
2024
46 days early
2023
45 days early
2022
43 days early
2021
20 days early
2020
44 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 41 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 17 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: 8 loss-making years in a rowloss fiscal year 2025 -€1,124 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Active since 1992founded 20-02-1992 34 years View

By topic

Financials

Fiscal year
2025
Total assets
€14,551
Loss
-€1,124
Solvency
7.9%
Total assets▲ 2.7%
Net result
20182025
Go to Financials

Timeline

Events
11
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2023Weakest financial year
  2. 18-06-2023Annual accounts filed
  3. 11-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
20-02-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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