Cut the Cake
ActiveSummary
Cut the Cake has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €14k. Equity is growing by ~34.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▼-13
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.41 against 5.56 in 2024; short-term debt: 22.6% and cash: 73.8% of total assets), and 22.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
77.4%
Return on assets
14.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
15 d early
2024
17 d early
2023
5 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▲ 22.7%
2024 · €60k
2023: €33klowest in 3 years
2024: €60k▲ +84.0% vs 2023
2025: €74k▲ +22.7% vs 2024highest in 3 years
2023 → 2025
Total assets
€96k▲ 30.4%
2024 · €73k
2023: €63klowest in 3 years
2024: €73k▲ +15.9% vs 2023
2025: €96k▲ +30.4% vs 2024highest in 3 years
2023 → 2025
Net result
€14k▼ 50.2%
2024 · €28k
2023: €31khighest in 3 years
2024: €28k▼ -10.5% vs 2023
2025: €14k▼ -50.2% vs 2024lowest in 3 years
2023 → 2025
Working capital
€74k▲ 23.8%
2024 · €59k
2023: €32klowest in 3 years
2024: €59k▲ +84.6% vs 2023
2025: €74k▲ +23.8% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€33k-€60k▲ 84.0%€74k▲ 22.7%
2023: €33klowest in 3 years
2024: €60k▲ +84.0% vs 2023
2025: €74k▲ +22.7% vs 2024highest in 3 years
Operating result€41k-€37k▼ 8.8%€19k▼ 48.4%
2023: €41khighest in 3 years
2024: €37k▼ -8.8% vs 2023
2025: €19k▼ -48.4% vs 2024lowest in 3 years
Net result€31k-€28k▼ 10.5%€14k▼ 50.2%
2023: €31khighest in 3 years
2024: €28k▼ -10.5% vs 2023
2025: €14k▼ -50.2% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 48% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€560 ▼ 41.7%
Current assets
€95k ▲ 31.3%
Equity and liabilities €96k
Equity
€74k ▲ 22.7%
Debt
€22k ▲ 65.7%
Debt's share of the balance-sheet total rises from 17.7% to 22.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20k▼
2024 · €37k
Cash flow
€14k▼
2024 · €28k
Current ratio
4.41▼
2024 · 5.56
Debt to equity
0.29▲
2024 · 0.22
ROE
18.5%▼
2024 · 45.7%
ROA
14.3%▼
2024 · 37.6%
Interest coverage
18.18▼
2024 · 24.65
Debt ≤ 1 year
€22k▲
2024 · €13k
Income taxes
€4k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€73k€96k▲
Fixed assets21/28€959€560▼
Tangible fixed assets22/27€959€560▼
Plant, machinery and equipment23€959€560▼
Current assets29/58€72k€95k▲
Amounts receivable within one year40/41€2k€21k▲
Trade receivables40-€19k
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€67k€71k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€73k€96k▲
Equity10/15€60k€74k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€58k€72k▲
Amounts payable17/49€13k€22k▲
Amounts payable within one year42/48€13k€22k▲
Trade debts44€503€423▼
Suppliers440/4€503€423▼
Taxes, remuneration and social security45€12k€21k▲
Taxes450/3€12k€21k▲
Other amounts payable47/48€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€229€400▲
Other operating charges640/8€169€594▲
Gross operating margin9900€37k€20k▼
Operating profit (loss)9901€37k€19k▼
Financial income75/76B€7-
Recurring financial income75€7-
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€36k€18k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€28k€14k▼
Profit (loss) for the period to be appropriated9905€28k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€72k▲
Profit (loss) brought forward from the previous period14P€31k€58k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10 | €229 | €400 | ▲ 74.4% |
| Other operating charges640/8 | €148 | €169 | €594 | ▲ 252% |
| Gross operating margin9900 | €41k | €37k | €20k | ▼ 46.3% |
| Operating profit (loss)9901 | €41k | €37k | €19k | ▼ 48.4% |
| Financial income75/76B | €0 | €7 | - | - |
| Recurring financial income75 | €0 | €7 | - | - |
| Financial charges65/66B | €1k | €2k | €1k | ▼ 29.0% |
| Recurring financial charges65 | €1k | €2k | €1k | ▼ 29.0% |
| Profit (loss) for the period before taxes9903 | €39k | €36k | €18k | ▼ 49.2% |
| Income taxes67/77 | €8k | €8k | €4k | ▼ 45.9% |
| Profit (loss) for the period9904 | €31k | €28k | €14k | ▼ 50.2% |
| Profit (loss) for the period to be appropriated9905 | €31k | €28k | €14k | ▼ 50.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €63k | €73k | €96k | ▲ 30.4% |
| Fixed assets21/28 | €627 | €959 | €560 | ▼ 41.7% |
| Tangible fixed assets22/27 | €627 | €959 | €560 | ▼ 41.7% |
| Plant, machinery and equipment23 | €627 | €959 | €560 | ▼ 41.7% |
| Current assets29/58 | €63k | €72k | €95k | ▲ 31.3% |
| Amounts receivable within one year40/41 | €19k | €2k | €21k | ▲ 738% |
| Trade receivables40 | €18k | - | €19k | - |
| Other amounts receivable41 | €30 | €2k | €2k | ▼ 29.9% |
| Cash at bank and in hand54/58 | €43k | €67k | €71k | ▲ 5.8% |
| Deferred charges and accrued income490/1 | €1k | €3k | €4k | ▲ 16.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €63k | €73k | €96k | ▲ 30.4% |
| Equity10/15 | €33k | €60k | €74k | ▲ 22.7% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €31k | €58k | €72k | ▲ 23.5% |
| Amounts payable17/49 | €31k | €13k | €22k | ▲ 65.7% |
| Amounts payable within one year42/48 | €31k | €13k | €22k | ▲ 65.7% |
| Trade debts44 | €1k | €503 | €423 | ▼ 16.0% |
| Suppliers440/4 | €1k | €503 | €423 | ▼ 16.0% |
| Taxes, remuneration and social security45 | €19k | €12k | €21k | ▲ 83.7% |
| Taxes450/3 | €17k | €12k | €21k | ▲ 83.7% |
| Remuneration and social security454/9 | €2k | - | - | - |
| Other amounts payable47/48 | €10k | €1k | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €31k | €28k | €14k | ▼ 50.2% |
| + Depreciation and write-downs630 | €10 | €229 | €400 | ▲ 74.4% |
| Operating cash flow (approximation) | €31k | €28k | €14k | ▼ 49.2% |
| Investment in fixed assets (approximation) | - | €-562 | €0 | ▲ 100% |
| Change in cash | - | €24k | €4k | ▼ 83.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €14k ▼50.2%
Net result drops to €14k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 5.56
Current ratio from 2.05 to 5.56; short-term debt falls from €31k to €13k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2023
Ground area
142 m²
Building footprint
142 m²
Volume, LiDAR
1,117 m³
Parcel 44432C0752/00N000, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Cut the Cake
since 20232.341.270.984
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0752/00N000 | Flanders | 142 m² | 1 · 142 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 4,934 EUR awarded · 4,934 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 2,025 EUR |
| 2024 | 1 | 4,934 EUR | 2,909 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,878 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.