Cidanal
ActiveCidanal has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €58k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 11238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+27
Solvency79▲+30
Growth52▲+14
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 0.64 in 2024; short-term debt: 45.8% and cash: 25.3% of total assets), and 45.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.2%
Return on assets
24.2%
Age of the figures
18 mo
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 2025Equity per financial year
202122232425
2020 to 2025 · latest year €130k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-11-2025, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
3 d late
2024
on the day
2023
366 d late
2022
on the day
2021
3 d early
2020
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1.91M▲ 5.1%
2023 · €1.82M
2023: €1.82M
2023 → 2024
EBIT margin
3.5%▲ 0.1pp
2023 · 3.4%
2023: 3.4%
2023 → 2024
Net result
€58k▲ 56.1%
2024 · €37k
2020: €73k
2021: €-21k
2022: €20k
2023: €40k
2024: €37k
2020 → 2025
Working capital
€43k
2024 · €-82k
2020: €43k
2021: €-14k
2022: €-77k
2023: €-35k
2024: €-82k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.82M€1.91M▲ 5.1%
Equity€102k-€54k▼ 47.5%€94k▲ 75.2%€72k▼ 23.1%€130k▲ 80.4%
Operating result€-16k-€40k€62k▲ 56.1%€66k▲ 6.7%€81k▲ 22.5%
Net result€-21k-€20k€40k▲ 103%€37k▼ 7.7%€58k▲ 56.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €240k
Fixed assets
€88k▼ 46.3%
Current assets
€153k▲ 7.1%
Equity and liabilities €240k
Equity
€130k▲ 80.4%
Debt
€110k▼ 52.9%
The debt ratio falls from 76.4% to 45.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€125k▲
2024 · €116k
Cash flow
€102k▲
2024 · €87k
Solvency
54.2%▲
2024 · 23.6%
Current ratio
1.39▲
2024 · 0.64
Quick ratio
0.79▲
2024 · 0.31
Debt / equity
0.85▼
2024 · 3.24
ROE
44.6%▼
2024 · 51.5%
ROA
24.2%▲
2024 · 12.2%
Interest coverage
-482.58▼
2024 · 11.77
Debt
€110k▼
2024 · €233k
Debt ≤ 1 year
€110k▼
2024 · €224k
Income taxes
€24k▲
2024 · €21k
Staff costs
€93k▲
2024 · €81k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€305k€240k▼
Fixed assets21/28€163k€88k▼
Tangible fixed assets22/27€163k€88k▼
Plant, machinery and equipment23€53k€37k▼
Furniture and vehicles24€81k€23k▼
Other tangible fixed assets26€29k€28k▼
Current assets29/58€142k€153k▲
Stocks and contracts in progress3€72k€65k▼
Stocks30/36€72k€65k▼
Amounts receivable within one year40/41€22k€22k▲
Trade receivables40-€5k
Other amounts receivable41€22k€17k▼
Cash at bank and in hand54/58€45k€61k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€305k€240k▼
Equity10/15€72k€130k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€22k€80k▲
Amounts payable17/49€233k€110k▼
Amounts payable after more than one year17€9k-
Financial debts170/4€9k-
Amounts payable within one year42/48€224k€110k▼
Current portion of amounts payable after more than one year42€29k€9k▼
Trade debts44€160k€78k▼
Suppliers440/4€160k€78k▼
Taxes, remuneration and social security45€35k€22k▼
Taxes450/3€21k€9k▼
Remuneration and social security454/9€13k€12k▼
Other amounts payable47/48-€1k
Income statement
Code20242025
Turnover70€1.91M-
Non-recurring operating income76A€19k-
Goods, raw materials, services and sundry goods60/61€1.76M-
Remuneration, social security and pensions62€81k€93k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€44k▼
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A-€947
Gross operating margin9900€201k€224k▲
Operating profit (loss)9901€66k€81k▲
Financial income75/76B€2k€230▼
Recurring financial income75€2k€230▼
Financial charges65/66B€10k€-259▼
Recurring financial charges65€10k€-259▼
Profit (loss) for the period before taxes9903€59k€82k▲
Income taxes67/77€21k€24k▲
Profit (loss) for the period9904€37k€58k▲
Profit (loss) for the period to be appropriated9905€37k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€81k€80k▼
Profit (loss) brought forward from the previous period14P€44k€22k▼
Profit to be distributed694/7€59k-
Return on contributions (dividend)694€59k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
03-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
31-03
Financial
Liquidity doublescurrent ratio 1.39
Current ratio from 0.64 to 1.39; short-term debt falls from €224k to €110k.
31-03
Financial
Equity above €100kEq €130k ▲80.4%
4 profitable years in a row build equity to €130k.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 366 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-21k ▼129%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Keizerstraat 142800 MechelenGround area
271 m²
Building footprint
218 m²
Volume, LiDAR
1,576 m³
Parcel 12025C0432/00C000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Express Veemarkt
since 20192.285.943.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025C0432/00C000 | Flanders | 271 m² | 1 · 218 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,375 EUR awarded · 1,375 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 375 EUR | 375 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteMechelen2.285.943.570
Dual-learning approval
3 live approvalsOnthaal, organisatie en sales duaal (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 699 companies in sector 46392 we hold annual accounts for 486. 325 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-2019
Fiscal year end31-03
Activities, NACEBEL
46392Non-specialised wholesale
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
47279Other retail sale of food
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.