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CAUWEL

Active
Public limited companyfounded 198936 years activeLimnanderstraat 14-16, 1070 Anderlecht, BelgiumKBO/BCE: BE 0439.851.448
Summary

CAUWEL has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €408,399 and a net result of -€35,554. Equity is shrinking by ~6.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€1.1mtotal assets 2025
Equity
€408,399
Loss
-€35,554
Financial health
89 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
GEMIMO · 99.92%
Accounts 4 days early0 of 6 deeds read
Why 89- Liquidity: current ratio 0.03, cash €19,472, halved- Founded in 1989- Loss of €35,554, the second in a row (FY 2025)+ Size: total assets €1.1mShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 26% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Weak
Solvency 62=
equity 36.7% of total assets
Liquidity 20-2
short-term debt 61.8% · cash 1.8%
Profitability 38-14
return on assets -3.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 0.1%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged 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 09-2026
Credit up to €35,000 at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.06 in 2024; short-term debt: 61.8% and cash: 1.8% of total assets), and 63.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 37% on solvency, 12% on liquidity, 29% on profitability and 27% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1.1m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.03, cash €19,472, halved
NBB · annual accounts
raises risk · Founded in 1989
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Loss of €35,554, the second in a row (FY 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€35,554
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 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
on the day
2023
on the day
2022
on the day
2021
on the day
2020
on the day
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close07-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: 7 loss-making years in a rowloss fiscal year 2025 -€35,554 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by GEMIMO 99.92% View

By topic

Financials

Fiscal year
2025
Total assets
€1.1m
Loss
-€35,554
Solvency
36.7%
Total assets▼ 7.7%
Net result
20192025
Go to Financials

Timeline

Events
10
Since
2017
Next accounts
by 31-01-2027
  1. 31-01-2023Annual accounts filed
  2. 31-01-2022Annual accounts filed
  3. 31-01-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
30-12-1989
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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