Equity
€23,645 from €199,063 in 2008
Equity fell by 88% in 17 years.
LA CARDAMINE
Lifetime
18 annual accounts with figures on one time axis, 24 filings since 2002peak €24,066 (2017)
€8,120▼ 24.0%
lowest -€27,819 (2012)
-€7,618▼ €2,650
peak €199,063 (2008)
€23,645▼ 24.4%
€323,114unchanged
Board3 names since 2021
2 directorsBenjamin MIGEOTTE and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from €10,687 to €8,120Loss of €7,6183 directors reappointed 02-09Equity from €31,262 to €23,645
Key points
from the 2025 annual accountsChecked score
89
Excellent
Financially stronger than 23% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 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
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
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: 0.2%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.3 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
lowers risk
Size: total assets €346,759
No main activity registered
Figures for financial year 2025 (filed on 29-06-2026)
Founded in 2001
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 (no NACE code, micro). It does better than 21% of them on solvency, 13% on liquidity, 43% on profitability and 16% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 974 companies had the same profile as LA CARDAMINE has now. Each dot stands for 3 companies, two years later.
92.9%
were still trading
4.4%
stopped another way
2.3%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LA CARDAMINE itself is lower: 0.1% within 12 months. It rests on far more data about LA CARDAMINE than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 974 companies, not a prediction for LA CARDAMINE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Cash is 9.3% of total assets. 93.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€7,618
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
24 days early
2023
2 days early
2022
42 days early
2021
16 days late
2020
2 days early
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 8 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
Recent changes
Amendment of the articles
General meeting of 17-12-2025 · Gazette deed
3 directors reappointed
Nicole BAUDOUX (managing director), Elodie MIGEOTTE and Benjamin MIGEOTTE · General meeting of 28-06-2025 · Gazette deed
Incorporation
published on 06-07-2001 · Gazette deed
First establishment
Rue du Chêne 64, Thuin
Official details
Source: KBO- Status
- Active since 26-06-2001Normal situation
- Activity
- “La gestion immobilière en ce compris la location, l'achat, la vente, la mise en…” (deed in French)From the articles, 2 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.259.484.0496534 Thuin, since 26-06-2001
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- ≈ €55,000estimated
- €346,759▼ 2.1%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on LA CARDAMINE
LA CARDAMINE files the abbreviated format. That format states no turnover. The gross margin fell from €20,469 in 2008 to €8,120 in 2025.
In September 2025, the Official Gazette published the appointment of Nicole BAUDOUX as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LA CARDAMINE
- What is the company number of LA CARDAMINE?
- The company number of LA CARDAMINE is 0475.082.640. The VAT number is the same number with BE in front: BE 0475.082.640.
- Where is LA CARDAMINE based?
- The registered office is at Rue du Chêne 64, 6534 Thuin.Company details
- What is the legal form of LA CARDAMINE?
- LA CARDAMINE is a public limited company (NV).
- When was LA CARDAMINE founded?
- LA CARDAMINE was founded on 26-06-2001.
- Is LA CARDAMINE still active?
- Yes, LA CARDAMINE is an active enterprise in the KBO register.
- What is the turnover of LA CARDAMINE?
- The turnover in financial year 2025 is ≈ €55,000. This figure is estimated from the gross margin of €8,120 and 2,720 comparable companies of the same size. It probably lies between €23,000 and €140,000. It is a rough estimate.Financials
- Is LA CARDAMINE profitable?
- In financial year 2025, LA CARDAMINE made a loss of €7,618.
- Where can I find the annual accounts of LA CARDAMINE?
- LA CARDAMINE filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LA CARDAMINE due?
- LA CARDAMINE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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