CARDEAL
ActiveThe computed 12-month bankruptcy probability of CARDEAL is 1.7% (moderate). The 2025 annual accounts show equity of €356k and a net result of €142k. Equity is growing by ~58.4% per year across the filed fiscal years. Its solvency ranks better than 56% of 4137 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+9
Solvency66▲+16
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 2.15 in 2024; short-term debt: 42.4% and cash: 6.4% of total assets), but 58.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.4%
Return on assets
16.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
51 d early
2022
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€142k▲ 61.9%
2024 · €87k
2022: €16k
2023: €92k
2024: €87k
2022 → 2025
Working capital
€483k▲ 5.3%
2024 · €459k
2022: €30k
2023: €410k
2024: €459k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€35k-€127k▲ 265%€214k▲ 68.9%€356k▲ 66.1%
Operating result€20k-€120k▲ 494%€132k▲ 10.8%€216k▲ 63.1%
Net result€16k-€92k▲ 470%€87k▼ 5.1%€142k▲ 61.9%
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 63% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €860k
Fixed assets
€11k▲ 101%
Current assets
€848k▼ 1.0%
Equity and liabilities €860k
Equity
€356k▲ 66.1%
Debt
€504k▼ 22.3%
The debt ratio falls from 75.1% to 58.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€218k▲
2024 · €133k
Cash flow
€144k▲
2024 · €88k
Solvency
41.4%▲
2024 · 24.9%
Current ratio
2.33▲
2024 · 2.15
Quick ratio
0.36▲
2024 · 0.33
Debt / equity
1.41▼
2024 · 3.02
ROE
39.8%▼
2024 · 40.8%
ROA
16.5%▲
2024 · 10.1%
Interest coverage
7.03▲
2024 · 5.84
Debt
€504k▼
2024 · €648k
Debt ≤ 1 year
€365k▼
2024 · €398k
Debt > 1 year
€132k▼
2024 · €243k
Income taxes
€44k▲
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€863k€860k▼
Fixed assets21/28€6k€11k▲
Tangible fixed assets22/27€6k€11k▲
Furniture and vehicles24€1k€643▼
Other tangible fixed assets26€5k€11k▲
Current assets29/58€857k€848k▼
Stocks and contracts in progress3€728k€716k▼
Stocks30/36€728k€716k▼
Amounts receivable within one year40/41€56k€65k▲
Trade receivables40€5k€46k▲
Other amounts receivable41€51k€18k▼
Cash at bank and in hand54/58€65k€55k▼
Deferred charges and accrued income490/1€9k€12k▲
Equity and liabilities
Total equity and liabilities10/49€863k€860k▼
Equity10/15€214k€356k▲
Contributions10/11€19k€19k=
Reserves13€196k€337k▲
Distributable reserves133€196k€337k▲
Amounts payable17/49€648k€504k▼
Amounts payable after more than one year17€243k€132k▼
Financial debts170/4€153k€103k▼
Other amounts payable178/9€90k€29k▼
Amounts payable within one year42/48€398k€365k▼
Current portion of amounts payable after more than one year42€48k€50k▲
Financial debts43€263k€263k=
Credit institutions430/8€263k€263k=
Trade debts44€35k€12k▼
Suppliers440/4€35k€12k▼
Advances received on contracts in progress46€52k€21k▼
Taxes, remuneration and social security45€0€19k▲
Taxes450/3€0€19k▲
Accrued charges and deferred income492/3€7k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€966€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€42k€-34k▼
Other operating charges640/8€7k€9k▲
Gross operating margin9900€182k€192k▲
Operating profit (loss)9901€132k€216k▲
Financial income75/76B€796€834▲
Recurring financial income75€796€834▲
Financial charges65/66B€23k€31k▲
Recurring financial charges65€23k€31k▲
Profit (loss) for the period before taxes9903€110k€186k▲
Income taxes67/77€23k€44k▲
Profit (loss) for the period9904€87k€142k▲
Profit (loss) for the period to be appropriated9905€87k€142k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€142k▲
Transfer to equity691/2€87k€142k▲
To other reserves6921€87k€142k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Highest result since 2022net €142k ▲61.9%
Operating result €216k, net result €142k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €200kEq €214k ▲68.9%
3 profitable years in a row build equity to €214k.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €100kEq €127k ▲265%
2 profitable years in a row build equity to €127k.
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Saint-Ghislain · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Chaufours(H) 137334 Saint-GhislainGround area
9,848 m²
Building footprint
304 m²
Volume, LiDAR
1,452 m³
2 parcels, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CARDEAL
since 20212.318.304.651
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53019A0207/00R000 | Wallonia | 7,250 m² | - | - |
| 53036B0022/00C000 | Wallonia | 2,598 m² | 1 · 304 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HDG Group
BE 0680.916.442
Verviers · Eq €356k
Mothes Handelsmij
BE 0747.908.701
Antwerpen · Eq €356k
MASSEZ
BE 0787.446.691
Hooglede · Eq €356k
MEURANT MERBES AUTO
BE 0840.663.861
Merbes-le-Château · Eq €357k
SINT-ELOOI
BE 0878.875.428
Ninove · Eq €357k
Of 10,674 companies in sector 47811 we hold annual accounts for 5,223. 3,588 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-2021
Fiscal year end30-06
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.