CABELAG
The computed 12-month bankruptcy probability of CABELAG is 6.5% (elevated). The 2023 annual accounts show negative equity (€-15k) and a net result of €-14k. Equity is shrinking by ~55.7% per year across the filed fiscal years. Its solvency ranks better than 9% of 1841 sector peers (fiscal year 2023). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-15k |
| Net result | €-14k |
| Better than sector | 9% |
| Active | 10 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
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 | -54.4% | 28.5% | |
| Net result | €-14k | €4k | |
| Equity | €-15k | €16k | |
| Gross operating margin | €-13k | €25k | |
| Staff costs | €85 | €36k |
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-13k |
| Net profit | €-14k |
| Cash flow | €-13k |
| Staff costs | €85 |
| Income taxes | - |
| Dividends | - |
| Total assets | €27k |
| Equity | €-15k |
| Debt | €41k |
| of which ≤ 1y | €41k |
| of which > 1y | - |
| Working capital | €-15k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.65 |
| Quick ratio | 0.65 |
| Working capital ratio | -54.6% |
| Solvency | -54.4% |
| Debt / equity | -2.84 |
| Long-term debt ratio | - |
| Interest coverage | -102.04 |
| Gross margin | - |
| Net margin | - |
| ROA | -52.0% |
| ROE | 95.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €27k |
| Fixed assets | 21/28 | €55 |
| Tangible fixed assets | 22/27 | €55 |
| Current assets | 29/58 | €27k |
| Amounts receivable within one year | 40/41 | €27k |
| Cash & bank | 54/58 | €3 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €27k |
| Equity | 10/15 | €-15k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-33k |
| Amounts payable | 17/49 | €41k |
| Amounts payable within one year | 42/48 | €41k |
| Income statement | ||
| Gross operating margin | 9900 | €-13k |
| Operating result | 9901 | €-14k |
| Financial charges | 65 | €131 |
| Result before taxes | 9903 | €-14k |
| Net result for the period | 9904 | €-14k |
| Result to be appropriated | 9905 | €-14k |
-
Current01-01-2026 → present
Former directors (3)
-
Former21-03-2016 → 31-12-2025
2 events
- 31-12-2025 Resigned· Director
- 21-03-2016 Appointed· Managing director
-
Former- → 10-10-2016
-
Former- → 21-03-2016
| NACE primary | Diensten voor personenvervoer op aanvraag per voertuig met chauffeur(49330) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 23-09-2015 |
| Status | Active |
| Postal code | 1050 |
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. |
|---|---|---|---|---|
| 21012A0078/00G017 | Brussels | 564 m² | 1 · 660 m² | 21.2 m · 6 fl. |
| 21447B0283/00P000 | Brussels | 133 m² | 1 · 133 m² | 22.4 m · 7 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-02-2026 1 director appointed, 1 resigning
- CHIHAB Azzeddine, Bestuurder
- CHIHAB Youssef, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "CHIHAB Youssef",
"address": null,
"birth_date": null
},
"effective_date": "2025-12-31",
"evidence_quote": "Monsieur CHIHAB Youssef administrateur, d\u00E9cide de donner sa d\u00E9mission en date du 31 d\u00E9cembre 2025 du poste d\u0027administrateur. D\u00E9charge de son mandat lui est donn\u00E9e.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "CHIHAB Azzeddine",
"address": null,
"birth_date": null
},
"effective_date": "2026-01-01",
"evidence_quote": "Monsieur CHIHAB Azzeddine est nomm\u00E9 administrateur en date du 1er janvier 2026."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0638.791.718",
"name_full": "CABELAG",
"legal_form": "SPRL"
}
}04-04-2017 Registered office moved from Molenbeek-Saint-Jean to Saint-Josse
- rue Michel Zwaab 20, 1080 Molenbeek-Saint-Jean → rue Eeckelaers 4, 1210 Saint-Josse
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Saint-Josse",
"region": "Brussels Gewest",
"street": "rue Eeckelaers",
"country": "BE",
"postcode": "1210",
"box_number": null,
"street_number": "4"
},
"old_address": {
"city": "Molenbeek-Saint-Jean",
"region": "Brussels Gewest",
"street": "rue Michel Zwaab",
"country": "BE",
"postcode": "1080",
"box_number": "2",
"street_number": "20"
},
"effective_date": "2017-03-21",
"evidence_quote": "C) TRANSFERT DE SIEGE SOCIAL L\u0027assembl\u00E9e d\u00E9cide de transf\u00E9rer le si\u00E8ge social au 1210 Salnt-Josse, rue Eeckelaers 4."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0638.791.718",
"name_full": "CABELAG",
"legal_form": "SPRL"
}
}21-10-2016 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 50,
"currency": "EUR",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2016-10-10",
"evidence_quote": "Monsieur Reinhard Thibaut Marie Ghislain c\u00E8de 50 parts \u00E0 Monsieur Bouhjar llyes qui accepte.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0638.791.718",
"name_full": "CABELAG",
"legal_form": "SPRL"
}
}25-09-2015 Incorporation of a new SNC
Technical details
{
"kind": "oprichting",
"seat": "1080 Molenbeek-Saint-Jean, rue Michel Zwaab, 20/2",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1990-01-31",
"name": "BOUHJAR Ilyes",
"niss": null,
"address": "1080 Molenbeek-Saint-Jean, rue Michel Zwaab, 20/2"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3100,
"holder_person_name": "BOUHJAR Ilyes",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 9300,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1989-02-27",
"name": "REINHARD Thibaut Marie Ghislain",
"niss": null,
"address": "1200 Woluwe-Saint-Lambert, chauss\u00E9e de Roodebeek, 62"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3100,
"holder_person_name": "REINHARD Thibaut Marie Ghislain",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 9300,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600,
"subject_company": {
"kbo": "0638.791.718",
"name_full": "CABELAG",
"legal_form": "SNC"
},
"initial_directors": [],
"incorporation_date": "2015-09-21",
"post_incorporation_mandates": []
}| Legal nameFR | CABELAG |