Checked.be
Active
BE 0741.999.322Private limited company
CAD GROUP
Processieweg 50 ·3560 Lummen, Belgium· 6 yrs active
Sector: Construction of buildings
(41001)
Conclusion
The KBO register records legal situation 050 for CAD GROUP (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €29k and a net result of €-24k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €29k |
| Net result | €-24k |
| Better than sector | 21% |
| Active | 6 yrs |
Snowflake analysis
17
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
27
Profitability
0
Solvency
25
Growth
32
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
20 / 100
Moderate riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 2 historical bankruptcy publications (+20)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
27
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.
Financial overview
Annual accounts filed on 22-10-2023 with the NBB · fiscal year 2022 · micro
Sector comparison
Fiscal year 2022 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 10.3% | 35.6% | |
| Net result | €-24k | €10k | |
| Equity | €29k | €22k | |
| Gross operating margin | €2k | €25k | |
| Total assets | €287k | €73k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€494
-99.6%
21-22
€-24k
-
21-22
€-2k
-
21-22
€287k
-10.5%
21-22
€29k
-45.0%
21-22
€34k
-24.1%
21-22
€10k
-
21-22
€171
-99.1%
21-22
€257k
-3.5%
21-22
€107k
-0.6%
21-22
€149k
-6.5%
21-22
1.32
-6.9%
21-22
1.32
-6.9%
21-22
10.3%
-38.6%
21-22
8.73
+75.5%
21-22
-81.9%
-
21-22
-8.4%
-
21-22
0.22
-98.9%
21-22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €494 |
| Net profit | €-24k |
| Cash flow | €-2k |
| Staff costs | - |
| Income taxes | €171 |
| Dividends | - |
| Total assets | €287k |
| Equity | €29k |
| Debt | €257k |
| of which ≤ 1y | €107k |
| of which > 1y | €149k |
| Working capital | €34k |
| Employees (FTE) | - |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 1.32 |
| Quick ratio | 1.32 |
| Working capital ratio | 11.8% |
| Solvency | 10.3% |
| Debt / equity | 8.73 |
| Long-term debt ratio | 5.06 |
| Interest coverage | 0.22 |
| Gross margin | - |
| Net margin | - |
| ROA | -8.4% |
| ROE | -81.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €287k |
| Fixed assets | 21/28 | €146k |
| Formation expenses | 20 | €476 |
| Intangible fixed assets | 21 | €139k |
| Tangible fixed assets | 22/27 | €5k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €141k |
| Amounts receivable within one year | 40/41 | €94k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €287k |
| Equity | 10/15 | €29k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €26k |
| Amounts payable | 17/49 | €257k |
| Amounts payable after one year | 17 | €149k |
| Amounts payable within one year | 42/48 | €107k |
| Trade debts payable within one year | 44 | €31k |
| Income statement | ||
| Gross operating margin | 9900 | €2k |
| Operating result | 9901 | €-22k |
| Financial income | 75 | €10 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-24k |
| Income taxes | 67/77 | €171 |
| Net result for the period | 9904 | €-24k |
| Result to be appropriated | 9905 | €-24k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CATHERINE NOELMANS MOERENSTRAAT 33,
3700 TONGEREN |
03-07-2024 → present | Belgian State Gazette |
| Curator | CECILE NOELMANS Moerenstraat 33, 3700 TONGEREN- |
03-07-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 24-01-2020 |
| Status | Active |
| Postal code | 3560 |
| First BS signal | 10-07-2024 |
| Latest BS signal | 01-06-2026 |
Company structure, linked entities
Mandates
↔
2
of these mandate-holders are active on other cases, click any red card to open that KBO.
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71038D0021/00A000 | Flanders | 1,052 m² | 1 · 139 m² | 9.9 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
01-06-2026
Bankruptcy
Bankruptcy closure (by liquidation)
2024
10-07-2024
Bankruptcy
Opening
2023
22-10-2023
NBB filing
Annual accounts filed
24-05-2023
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
01-06-2026
Bankruptcy
Bankruptcy closure (by liquidation)
10-07-2024
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE)
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201
Primary activity highlighted.
Names & trade names
| Legal nameNL | CAD GROUP |
Registered office
Processieweg 50
3560 Lummen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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