Turnover
≈ €190,000 estimated
The micro format states no turnover.
CARDO
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €326,324 (2021)
€86,070▲ 60.5%
lowest -€50,782 (2023)
€21,369▲ €31,769
peak €195,090 (2022)
€155,276▲ 16.0%
€205,000▲ 26.5%
peak 0.4 FTE (2019)
-not published
Board1 name since 2003
1 director
Documentsfilings and deeds
22-10-202683 days late
2025micro format
Gross margin from €53,642 to €86,070Back to profit: €21,369Equity from €133,908 to €155,276Debts from €162,013 to €205,000Cash from €1,491 to €25,099
Key points
from the 2025 annual accountsInvestments
€82,320 2.6 × depreciation
Green is investment, beige is depreciation. Machinery stands 47.4% higher than in 2024.
Filings
22 annual accounts 83 days
Latest accounts filed late: after the legal deadline.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as CARDO has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,356 companies, not a prediction for CARDO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Purpose change
“Tout ce qui touche de près et de loin à la couture; Couture sur mesure; Broderie; Costumier; Gantier; Modiste…” (deed in French) · General meeting of 23-10-2026 · Gazette deed
Change of role: , from statutory manager to statutory director
“Achat et vente de matériel médical et non médical; Gestion patrimoine immobilier sens large; Fonctions de…” (deed in French) · Director discharge: · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0862423931
Incorporation
published on 09-01-2004 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CARDO Tournai | €360,276 | €86,070 | 43.1% | - |
| MEDPASYL Mons | €373,219 | €81,182 | 92.8% | - |
| DOKTER MARIES AERTGEERTS Tremelo | €358,787 | €87,287 | 67.0% | - |
| DR.COENYE EMERGENCY & SURGERY Lasne | €367,328 | €80,652 | 58.3% | - |
| SOCIETE MEDICALE DR. JACQUERIE Liège | €397,517 | €89,947 | 72.9% | - |
| Dr. Veerle Van de Steene Deinze | €386,863 | €94,542 | 84.5% | - |
| Dr. Peter Raus Oogheelkunde Geel | €381,288 | €94,250 | 64.5% | - |
These companies have the same main activity as CARDO: specialist medical practice (NACE 86220). They are comparable in size and age: total assets between €359,000 and €398,000, founded between 2002 and 2005.
Official details
Source: KBO- Status
- Active since 29-12-2003Normal situation
- Activity
- Specialist medical practiceNACE 86220and 1 other
- Joint committee
- 330Health institutions and services · annual accounts 2025
- Establishment unit
- 2.191.353.3287522 Tournai, since 29-12-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Insights on CARDO
CARDO files the micro format. That format states no turnover. The gross margin rose from €43,452 in 2006 to €86,070 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CARDO
- What is the company number of CARDO?
- The company number of CARDO is 0862.423.931. The VAT number is the same number with BE in front: BE 0862.423.931.
- Where is CARDO based?
- The registered office is at Rue Quennelet 23, 7522 Tournai.Company details
- What does CARDO do?
- According to the KBO register, the main activity is specialist medical practice (NACE 86220).
- What is the legal form of CARDO?
- CARDO is a private limited company (BV).
- When was CARDO founded?
- CARDO was founded on 29-12-2003.
- Is CARDO still active?
- Yes, CARDO is an active enterprise in the KBO register.
- How many employees does CARDO have?
- CARDO had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CARDO fall under?
- In its 2025 annual accounts, CARDO states joint committee 330 (Health institutions and services).
- What is the turnover of CARDO?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €86,070 and 32 comparable companies (NACE 862). It probably lies between €150,000 and €250,000.
- Is CARDO profitable?
- In financial year 2025, CARDO made a profit of €21,369.
- Where can I find the annual accounts of CARDO?
- CARDO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CARDO due?
- CARDO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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