CARDAMIC
ActiveSummary
CARDAMIC has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €762,080 and a net result of €11,266. Equity is growing by about 3.6% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €8,939 after a loss of €11,403 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,940 | €25,085 | €23,835 | €23,334 | €2,383 | €1,793 | €1,964 | ▲ 9.5% |
| Other operating charges640/8 | - | - | - | €6,355 | €4,800 | €1,493 | €600 | ▼ 59.8% |
| Gross operating margin9900 | €120,952 | €47,813 | €91,935 | €80,413 | €33,842 | -€8,117 | €11,502 | - |
| Operating profit (loss)9901 | €83,131 | €11,290 | €63,003 | €50,724 | €26,659 | -€11,403 | €8,939 | - |
| Financial income75/76B | - | - | - | €7,519 | €7,591 | €7,572 | €11,165 | ▲ 47.4% |
| Recurring financial income75 | €50,693 | €58,598 | €7,392 | €7,519 | €7,591 | €7,572 | €11,165 | ▲ 47.4% |
| Financial charges65/66B | - | - | - | €2,294 | €1,167 | €685 | €1,638 | ▲ 139% |
| Recurring financial charges65 | €7,989 | €2,850 | €3,981 | €2,294 | €1,167 | €685 | €1,638 | ▲ 139% |
| Profit (loss) for the period before taxes9903 | €125,835 | €67,038 | €66,414 | €55,949 | €33,083 | -€4,517 | €18,466 | - |
| Income taxes67/77 | €47,738 | €20,386 | €26,145 | €22,849 | €13,133 | €1,219 | €7,200 | ▲ 491% |
| Profit (loss) for the period9904 | €78,098 | €46,652 | €40,269 | €33,100 | €19,950 | -€5,735 | €11,266 | - |
| Profit (loss) for the period to be appropriated9905 | €78,098 | €46,652 | €40,269 | €33,100 | €19,950 | -€5,735 | €11,266 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €829,055 | €860,451 | €836,727 | €807,440 | €794,287 | €766,126 | €772,309 | ▲ 0.8% |
| Fixed assets21/28 | €72,213 | €47,127 | €25,561 | €3,786 | €8,954 | €4,567 | €2,603 | ▼ 43.0% |
| Tangible fixed assets22/27 | €72,125 | €47,040 | €25,473 | €3,698 | €8,954 | €4,567 | €2,603 | ▼ 43.0% |
| Furniture and vehicles24 | - | - | - | €3,698 | €8,954 | €4,567 | €2,603 | ▼ 43.0% |
| Financial fixed assets28 | €88 | €88 | €88 | €88 | - | - | - | - |
| Current assets29/58 | €756,842 | €813,324 | €811,167 | €803,654 | €785,333 | €761,559 | €769,706 | ▲ 1.1% |
| Amounts receivable after more than one year29 | - | - | - | €762,625 | €766,583 | €747,220 | €749,522 | ▲ 0.3% |
| Other amounts receivable291 | - | - | - | €762,625 | €766,583 | €747,220 | €749,522 | ▲ 0.3% |
| Amounts receivable within one year40/41 | - | €896 | €4,383 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €80,948 | €62,311 | €49,828 | €26,654 | €5,632 | €8,786 | €18,552 | ▲ 111% |
| Deferred charges and accrued income490/1 | - | - | - | €14,375 | €13,118 | €5,554 | €1,632 | ▼ 70.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €829,055 | €860,451 | €836,727 | €807,440 | €794,287 | €766,126 | €772,309 | ▲ 0.8% |
| Equity10/15 | €616,579 | €663,230 | €703,499 | €736,599 | €756,549 | €750,814 | €762,080 | ▲ 1.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - | - | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - | - | - |
| Reserves13 | €76,860 | €123,460 | €163,660 | €196,160 | €215,660 | €215,660 | €226,660 | ▲ 5.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €194,300 | €213,800 | €213,800 | €224,800 | ▲ 5.1% |
| Profit (loss) carried forward14 | €521,119 | €521,170 | €521,239 | €521,839 | €522,289 | €516,554 | €516,820 | ▲ 0.1% |
| Amounts payable17/49 | €212,476 | €197,221 | €133,228 | €70,841 | €37,738 | €15,312 | €10,229 | ▼ 33.2% |
| Amounts payable after more than one year17 | €78,804 | €135,410 | €42,585 | - | - | - | - | - |
| Amounts payable within one year42/48 | €133,507 | €61,812 | €90,243 | €70,091 | €37,738 | €15,312 | €10,229 | ▼ 33.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €47,124 | €2,847 | - | - | - |
| Financial debts43 | - | - | - | - | - | - | €110 | - |
| Credit institutions430/8 | - | - | - | - | - | - | €110 | - |
| Trade debts44 | €19,354 | €1,913 | €446 | €3,723 | €2,513 | €960 | €1,530 | ▲ 59.3% |
| Suppliers440/4 | - | - | - | €3,723 | €2,513 | €960 | €1,530 | ▲ 59.3% |
| Taxes, remuneration and social security45 | - | - | - | €19,244 | €32,377 | €14,352 | €8,589 | ▼ 40.2% |
| Taxes450/3 | - | - | - | €19,244 | €32,377 | €14,352 | €8,589 | ▼ 40.2% |
| Accrued charges and deferred income492/3 | - | - | - | €750 | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €78,098 | €46,652 | €40,269 | €33,100 | €19,950 | -€5,735 | €11,266 | - |
| + Depreciation and write-downs630 | €25,940 | €25,085 | €23,835 | €23,334 | €2,383 | €1,793 | €1,964 | ▲ 9.5% |
| Operating cash flow (approximation) | €104,038 | €71,737 | €64,104 | €56,434 | €22,333 | -€3,942 | €13,230 | - |
| Investment in fixed assets (approximation) | - | €0 | -€2,268 | -€1,559 | -€7,552 | €2,595 | €0 | ▼ 100% |
| Change in cash | - | -€18,637 | -€12,483 | -€23,174 | -€21,023 | €3,154 | €9,767 | ▲ 210% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00027829 |
| 30-06-2024 | micro format | 27-01-2025 | 2025-00012537 |
| 30-06-2023 | micro format | 26-02-2024 | 2024-00036117 |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00022918 |
| 30-06-2021 | micro format | 09-02-2022 | 2022-05200591 |
| 30-06-2020 | micro format | 08-02-2021 | 2021-05300386 |
| 30-06-2019 | micro format | 13-01-2020 | 2020-00800577 |
| 30-06-2018 | micro format | 23-01-2019 | 2019-02000377 |
| 30-06-2017 | micro format | 05-02-2018 | 2018-04400579 |
| 30-06-2016 | full format | 02-02-2017 | 2017-04000503 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.