CICADE
The computed 12-month bankruptcy probability of CICADE is 6.1% (elevated). The 2024 annual accounts show equity of €599 and a net result of €-27k. Equity is shrinking by ~54.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 33% of 5608 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €599 |
| Net result | €-27k |
| Better than sector | 33% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.7% | 19.3% | |
| Net result | €-27k | €4k | |
| Equity | €599 | €14k | |
| Gross operating margin | €40k | €52k | |
| Staff costs | €58k | €49k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-18k |
| Net profit | €-27k |
| Cash flow | €-20k |
| Staff costs | €58k |
| Income taxes | - |
| Dividends | - |
| Total assets | €35k |
| Equity | €599 |
| Debt | €35k |
| of which ≤ 1y | €35k |
| of which > 1y | - |
| Working capital | €-15k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.56 |
| Quick ratio | 0.56 |
| Working capital ratio | -43.1% |
| Solvency | 1.7% |
| Debt / equity | 57.99 |
| Long-term debt ratio | - |
| Interest coverage | -13.68 |
| Gross margin | - |
| Net margin | - |
| ROA | -75.5% |
| ROE | -4452.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €35k |
| Fixed assets | 21/28 | €16k |
| Tangible fixed assets | 22/27 | €12k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €19k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €15k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €35k |
| Equity | 10/15 | €599 |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-19k |
| Amounts payable | 17/49 | €35k |
| Amounts payable within one year | 42/48 | €35k |
| Trade debts payable within one year | 44 | €16k |
| Income statement | ||
| Gross operating margin | 9900 | €40k |
| Operating result | 9901 | €-25k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-27k |
| Net result for the period | 9904 | €-27k |
| Result to be appropriated | 9905 | €-27k |
Former directors (2)
-
Former01-01-2023 → 24-08-2025
2 events
- 24-08-2025 Resigned· Director
- 01-01-2023 Appointed· Director
-
Former- → 31-10-2022
| NACE primary | Cafés(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 16-03-2021 |
| Status | Active |
| Postal code | 2600 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0119/00S000 | Flanders | 75 m² | 1 · 70 m² | 13.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-01-2026 Liesbeth Bekkers resigns as director
- Liesbeth Bekkers, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Liesbeth Bekkers",
"address": null,
"birth_date": null
},
"effective_date": "2025-08-24",
"evidence_quote": "Het ontslag als bestuurder van mevrouw Liesbeth Bekkers, wonende te Deurne, Wim Saerensplein 8-10 wordt vanaf 24/08/2025 aanvaard. Er wordt d\u00E9charge verleend voor haar mandaat tot en met 24/08/2025.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0765.265.563",
"name_full": "CICADE",
"legal_form": "BV"
}
}02-03-2023 1 director appointed, 1 resigning
- Liesbeth Bekkers, Bestuurder
- Bert Vanlommel, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
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"name": "Bert Vanlommel",
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},
"effective_date": "2022-10-31",
"evidence_quote": "Het ontslag als bestuurder van de heer Bert Vanlommel, wonende te Borgerhout, Gravinstraat 32 wordt vanaf 31/10/2022 aanvaard. Er wordt d\u00E9charge verleend voor zijn mandaat tot en met 31/10/2022.",
"discharge_granted": true
},
{
"kind": "director_in",
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"person": {
"rrn": null,
"name": "Liesbeth Bekkers",
"address": null,
"birth_date": null
},
"effective_date": "2023-01-01",
"evidence_quote": "De benoeming als bestuurder van mevrouw Liesbeth Bekkers, wonende te Deurne, Wim Saerensplein 8-10 wordt vanaf 01/01/2023 aanvaard."
}
],
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"subject_company": {
"kbo": "0765.265.563",
"name_full": "CICADE",
"legal_form": "BV"
}
}18-03-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Generaal Drubbelstraat 42, 2600 Berchem",
"schema": "v3.2",
"act_meta": {
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},
"founders": [
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"person": {
"dob": null,
"name": "VANLOMMEL Bert",
"niss": null,
"address": "Gravinstraat 32, 2140 Antwerpen-Borgerhout"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "VANLOMMEL Bert",
"is_subscriber_only": false,
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},
{
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"person": {
"dob": null,
"name": "VAN DIJCK Anke",
"niss": null,
"address": "Lakborslei 330, 2100 Antwerpen-Deurne"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
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}
],
"capital_eur": 20000,
"subject_company": {
"kbo": "0765.265.563",
"name_full": "CICADE",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-03-16",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | CICADE |
| Trade nameNL | Café Rood Wit |