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Cardenis Immo

Active
Public limited companyfounded 1989active for 37 yearsAmbachtenlaan 4, 3001 Leuven, BelgiumKBO/BCE: BE 0436.330.843
Summary

The computed 12-month bankruptcy probability of Cardenis Immo is 3.0% (moderate). The 2024 annual accounts show equity of €142,903 and a net result of -€24,246. Equity has been growing by about 2.7% per year since 2018. Its solvency ranks better than 84% of 19,157 sector peers (NACE 68, financial year 2024). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 03-01-1989 Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 5 others
Establishment unit
2.042.191.379 3200 Aarschot, since 22-02-1989
Financial year end
31 December
Peppol
Reachable since 25-02-2026

Board and ownership

Board
Auditor
RSM INTERAUDIT

Financial position

50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.0%
Annual accounts 2024
Gross margin
-€6,478
Loss
€24,246
▲ 5.9%
Equity
€142,903
▼ 14.5%
Total assets
€180,548
▼ 4.4%
  • 2025 accounts not filed, 95 days past the deadline
Turnover not published (micro format)
Score breakdownraises riskLiquidity: current ratio 0.48, cash €1061 change of registered office in 24 monthsFigures for financial year 2024 (filed on 09-09-2025)lowers riskFounded in 1989Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 40% of micro companies in real estate (NACE 68)
Financial strength · tick: 2023
Average
Solvency 100=
equity 79.1% of total assets
Liquidity 43-6
short-term debt 20.7% · cash 0.1%
Profitability 4-36
return on assets -13.4%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.4%lowest value 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.6 percentage points vs 06-2025 08-2025: 1.5%▲ +0.4 percentage points vs 07-2025 09-2025: 1.8%▲ +0.3 percentage points vs 08-2025 10-2025: 1.4%▼ -0.4 percentage points vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.3%▼ -0.1 percentage points vs 04-2026 06-2026: 1.5%▲ +0.2 percentage points vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.3 percentage points vs 07-2026 09-2026: 2.1%▲ +0.3 percentage points vs 08-2026 10-2026: 3.0%▲ +0.9 percentage points vs 09-2026highest value 11-2026: 3.0%● unchanged vs 10-2026highest value
Credit of up to €7,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is insufficient, with a current ratio of 0.48 (0.84 in 2023), below 1. Short-term debt is 20.7% and cash 0.1% of total assets. 20.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 68, micro). It does better than 91% of them on solvency, 37% on liquidity, 10% on profitability and 24% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.48, cash €106
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 09-09-2025)
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€24,246
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 40 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
40 days late
2023
14 days early
2022
30 days late
2021
12 days late
2020
145 days late
2019
66 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 47 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 83% of companies in real estatesector median €4,579 · 19,145 companies -€24,246 View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€24,246 View

Recent changes

  1. · Gazette deed Company renamed from CARDENIS to Cardenis ImmoRegistered office moved from Aarschot to Leuven · New seat: 3001 Leuven, Ambachtenlaan 4 · Previous seat: 3200 Aarschot, Nieuwlandlaan 95 bus 432
  2. · Gazette deed 6 directors appointed, 1 director resigningResignation: DE KEYSER Kris (director) · Appointments: IMMO 73 SA, CATELIN Benoît,Pierre,Marcel and de HARLEZ de DEULIN Antoine,Charles,Arnold,Marie,Ghislain
  3. · Gazette deed Resignations & appointmentsAppointments: DE KEYSER Kris (director) and DE KEYSER Henri (director) · Resignations: DE KEYSER Henri (director) and DE KEYSER Kris (director)
All 16 events

Comparable companies

These companies have the same main activity as Cardenis Immo: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €162,000 and €214,000, founded between 1985 and 1995.

CompanyTotal assetsGross margin
Cardenis Immo Leuven€180,548-€6,478
LEEUWERIKENVELD Linter€214,060-€5,884
NATHALIE Maaseik€197,275-€3,488
METTEPENNINGEN Temse€180,093-€38,831
N. DE MAEYER Mechelen€161,784-€7,680
ALNAIR Ganshoren€164,850-€10,145
'T QUATRO Wevelgem€184,101-€1,769
Full comparison

Key facts about Cardenis Immo

What is the company number of Cardenis Immo?
The company number of Cardenis Immo is 0436.330.843. The VAT number is the same number with BE in front: BE 0436.330.843.
Where is Cardenis Immo based?
The registered office is at Ambachtenlaan 4, 3001 Leuven.Company details
What does Cardenis Immo do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of Cardenis Immo?
The legal form of Cardenis Immo is Public limited company (NV).
When was Cardenis Immo founded?
Cardenis Immo was founded on 03-01-1989.
Is Cardenis Immo still active?
Yes, Cardenis Immo is an active enterprise in the KBO register.
What is the turnover of Cardenis Immo?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is Cardenis Immo profitable?
In financial year 2024, Cardenis Immo made a loss of €24,246.
Where can I find the annual accounts of Cardenis Immo?
Cardenis Immo filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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