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CATHODICA

Active
Private limited companyfounded 2015active for 11 yearsBeiaardlaan 7, 1850 Grimbergen, BelgiumKBO/BCE: BE 0628.652.743

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

CATHODICA has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118,284 and a net result of €25,825. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 85% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 16-04-2015 Normal situation
Activity
General electrical installation work NACE 43211and 1 other
Establishment unit
2.241.502.823 1850 Grimbergen, since 16-04-2015
Financial year end
30 September
Peppol
Reachable since 24-10-2025

Board and ownership

Board
  • Smeets ArnaudDirector · since 13-01-2020

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
€47,360
▼ 46.6%
Turnover
≈ €220,000
estimated
Profit
€25,825
▼ 38.7%
Equity
€118,284
▲ 27.9%
Total assets
€148,807
▼ 14.3%
Filed on 27-02-2026, 62 days before the deadlinePDF
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 4.70, cash €129,833Equity €118,284 (79.5% of total assets)Founded in 2015Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100+22
equity 79.5% of total assets
Liquidity 93+14
short-term debt 20.5% · cash 87.2%
Profitability 90-9
return on assets 17.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024highest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.1%▼ -0.1 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.7 (2.11 in 2024), above the usual 1.5. Short-term debt is 20.5% and cash 87.2% of total assets. 20.5% 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 43, micro). It does better than 90% of them on solvency, 91% on liquidity, 76% on profitability and 73% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.70, cash €129,833
NBB · annual accounts
lowers risk · Equity €118,284 (79.5% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €118,284
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-02-2026, 62 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
62 days early
2024
64 days early
2023
50 days early
2022
33 days early
2021
36 days early
2020
49 days early
2019
4 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 12 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 84% of companies in specialised constructionsector median 46.7% · 34,902 companies 79.5% View
  • Positive: 7 profitable years in a rowprofit 2025: €25,825 7 years View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Comparable companies

These companies have the same main activity as CATHODICA: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €139,000 and €158,000, founded between 2013 and 2015.

CompanyTotal assetsGross margin
CATHODICA Grimbergen€148,807€47,360
HEFICON Glabbeek€140,229€51,228
Aspirations Bertem€158,277€42,877
INSTAL SYSTEM Steenokkerzeel€138,752€37,773
WESTIJN CHRISTOPH Brugge€155,514€47,631
Frema Technics Geraardsbergen€149,109€48,902
ELEKTRO SCHEEN Eupen€155,880€44,216
Full comparison

Documents

Annual accounts at the NBB

All 10 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about CATHODICA

What is the company number of CATHODICA?
The company number of CATHODICA is 0628.652.743. The VAT number is the same number with BE in front: BE 0628.652.743.
Where is CATHODICA based?
The registered office is at Beiaardlaan 7, 1850 Grimbergen.Company details
What does CATHODICA do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of CATHODICA?
The legal form of CATHODICA is Private limited company (BV).
When was CATHODICA founded?
CATHODICA was founded on 16-04-2015.
Is CATHODICA still active?
Yes, CATHODICA is an active enterprise in the KBO register.
How many employees does CATHODICA have?
CATHODICA had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of CATHODICA?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €47,360 and 45 comparable companies (NACE 43211). It probably lies between €150,000 and €340,000.
Is CATHODICA profitable?
In financial year 2025, CATHODICA made a profit of €25,825.
Where can I find the annual accounts of CATHODICA?
CATHODICA filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of CATHODICA due?
CATHODICA must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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