Cadmes Systems

Active

Private limited companyfounded 2016active for 10 yearsGuldensporenpark 12, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0652.874.237

Summary

Cadmes Systems has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €356,556 and a net result of €191,334. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 3,374 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow Report Compare

Cadmes SystemsActiveChecked score 68/100

Risk analysis Report Compare

Activity

Computer programming

NACE 62100Wholesale of information and communication equipment NACE 46500

8th largest employer in Merelbeke-Melle, Telecoms and IT sector2 sites

Size

€5.5mtotal assets 2025

Staff: 16.7 FTE
Equity: €356,556
Profit: €191,334

Turnover not published (abbreviated format)

Financial health

68 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.7%

Structure

Parent: Bechtle AG

Auditor: BV VAN HAVERMAET BEDRIJFSREVISOREN2025 accounts 81 days early1 of 8 deeds summarised

Why 68raises riskLiquidity: current ratio 1.06Equity €356,556 (6.4% of total assets)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Figures for financial year 2025 (filed 21-05-2026)Show the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 41% of its sector peers (NACE 62, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 31+3

equity 6.4% of total assets

Liquidity 0=

short-term debt 92.0%

Profitability 73=

return on assets 3.5%

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,163 companies, NACE 62, small)

Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.7%▲ +0.1 percentage points vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025highest value 07-2025: 0.8%▼ -0.9 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.7%▼ -0.1 percentage points vs 09-2026lowest value

Credit of up to €24,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.06, compared with 1.01 in 2024, below the usual 1.5; short-term debt: 92% of total assets), and 93.6% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 62, small): better than 14% on solvency, 0% on liquidity, 58% on profitability and 92% on growth.

The bankruptcy probability was computed on 25-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.06

NBB · annual accounts

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

Equity €356,556 (6.4% of total assets)

NBB · annual accounts

Figures for financial year 2025 (filed 21-05-2026)

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 3374 sector peers (2025).

NBB · sector comparison

Position among 3374 sector peers

Solvency

better than 18%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-05-2026, 81 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

81 days early

2024

59 days early

2023

110 days early

2022

89 days early

2021

11 days late

2020

86 days early

2019

36 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 64 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)

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 11 May (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

11-05-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2025 Highest result from 2018 to 2025net €191,334 ▲9.8%
31-12-2025 Equity above €200,000equity €356,556 ▲116%

Key points

Positive: Equity rose in 2025from €165,222 to €356,556 ▲ 116% View
Caution: Among the weakest 18% on solvencysector median 46.4% · 3,374 companies 6.4% View
Controlled by Bechtle AG parent View
Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year: 2025
Total assets: €5.5m
Profit: €191,334
Solvency: 6.4%

Total assets▲ 9.0%

Net result

20182025

Go to Financials

Board & ownership

Parent: Bechtle AG
Auditor: BV VAN HAVERMAET BEDRIJFSREVISOREN

Go to Board & ownership

Timeline

Events: 17
Since: 2017
Next accounts: by 31-07-2027

02-06-2025Annual accounts filed
14-02-2025Appointment: Van Havermaet Bedrijfsrevisoren BV (statutory auditor)
31-12-2024Back to profit

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Computer programmingNACE 62100
Founded: 27-04-2016
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Cadmes Systems

What is the company number of Cadmes Systems?: 0652.874.237. In Belgium the VAT number is the company number with BE in front: BE 0652.874.237.
Where is Cadmes Systems based?: The registered office is at Guldensporenpark 12, 9820 Merelbeke-Melle.Company details
What does Cadmes Systems do?: According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Cadmes Systems?: Private limited company (BV).
When was Cadmes Systems founded?: On 27-04-2016.
Is Cadmes Systems still active?: Yes, Cadmes Systems is an active enterprise in the KBO register.
How many employees does Cadmes Systems have?: On average 16.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Cadmes Systems?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Cadmes Systems profitable?: In financial year 2025, Cadmes Systems made a profit of €191,334.
Where can I find the annual accounts of Cadmes Systems?: Cadmes Systems filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Cadmes Systems due?: By 31-07-2027, for financial year 2026.Timeline