CARDINALE NORD
ActiveCARDINALE NORD has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212k and a net result of €88k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 59% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+68
Solvency90▲+28
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.09 in 2024; short-term debt: 16.9% and cash: 1.2% of total assets), and 35.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
64.8%
Return on assets
26.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
7 d early
2023
27 d late
2022
16 d late
2021
16 d late
2020
20 d late
2019
77 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€212k▲ 71.0%
2024 · €124k
2018: €211k
2019: €247k
2020: €221k
2021: €210k
2022: €212k
2023: €221k
2024: €124k
2018 → 2025
Total assets
€327k▼ 1.1%
2024 · €331k
2018: €554k
2019: €554k
2020: €454k
2021: €419k
2022: €392k
2023: €392k
2024: €331k
2018 → 2025
Net result
€88k
2024 · €-6k
2018: €91k
2019: €36k
2020: €-26k
2021: €-11k
2022: €2k
2023: €73k
2024: €-6k
2018 → 2025
Working capital
€-39k▲ 63.6%
2024 · €-107k
2018: €79k
2019: €100k
2020: €59k
2021: €33k
2022: €18k
2023: €7k
2024: €-107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€210k-€212k▲ 1.2%€221k▲ 4.1%€124k▼ 43.9%€212k▲ 71.0%
Operating result€1k-€13k▲ 990%€98k▲ 658%€2k▼ 97.9%€135k▲ 6,419%
Net result€-11k-€2k€73k▲ 2,910%€-6k€88k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6,419% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €327k
Fixed assets
€311k▼ 2.9%
Current assets
€16k▲ 54.4%
Equity and liabilities €327k
Equity
€212k▲ 71.0%
Debt
€115k▼ 44.3%
The debt ratio falls from 62.5% to 35.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€148k▲
2024 · €15k
Cash flow
€101k▲
2024 · €7k
Solvency
64.8%▲
2024 · 37.5%
Current ratio
0.29▲
2024 · 0.09
Quick ratio
0.29▲
2024 · 0.09
Debt / equity
0.54▼
2024 · 1.67
ROE
41.5%▲
2024 · -4.8%
ROA
26.9%▲
2024 · -1.8%
Interest coverage
23.12▲
2024 · 1.85
Debt
€115k▼
2024 · €207k
Debt ≤ 1 year
€55k▼
2024 · €118k
Debt > 1 year
€59k▼
2024 · €89k
Income taxes
€40k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€331k€327k▼
Fixed assets21/28€320k€311k▼
Tangible fixed assets22/27€320k€311k▼
Land and buildings22€318k€306k▼
Furniture and vehicles24€2k€3k▲
Other tangible fixed assets26-€2k
Current assets29/58€11k€16k▲
Amounts receivable within one year40/41€5k€12k▲
Trade receivables40€5k€12k▲
Other amounts receivable41€5€5▼
Cash at bank and in hand54/58€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€331k€327k▼
Equity10/15€124k€212k▲
Contributions10/11€6k€6k=
Reserves13€11k€99k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€9k€9k=
Distributable reserves133-€88k
Profit (loss) carried forward14€107k€107k▲
Amounts payable17/49€207k€115k▼
Amounts payable after more than one year17€89k€59k▼
Financial debts170/4€89k€59k▼
Amounts payable within one year42/48€118k€55k▼
Current portion of amounts payable after more than one year42€28k€30k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€21k€4k▼
Taxes450/3€21k€4k▼
Other amounts payable47/48€66k€16k▼
Accrued charges and deferred income492/3€19€636▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€18k€151k▲
Operating profit (loss)9901€2k€135k▲
Financial income75/76B-€20
Recurring financial income75-€20
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€-6k€128k▲
Income taxes67/77-€40k
Profit (loss) for the period9904€-6k€88k▲
Profit (loss) for the period to be appropriated9905€-6k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€107k€195k▲
Profit (loss) brought forward from the previous period14P€113k€107k▼
Transfer from equity791/2€91k-
Transfer to equity691/2-€88k
To other reserves6921-€88k
Profit to be distributed694/7€91k-
Return on contributions (dividend)694€91k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Back to profitnet €88k
Net result €88k after one loss-making year.
31-12
Financial
Equity above €200kEq €212k ▲71%
Equity rises from €124k to €212k.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Weakest financial yearnet €-26k ▼173%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Ukkel · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Drossaardgaarde 10A1180 UkkelGround area
4,358 m²
Building footprint
1,196 m²
Volume, LiDAR
10,171 m³
Parcel 21612D0108/00A002, Brussels · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Drossaardgaarde 10, 1180 Ukkel
since 19912.051.219.507
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0108/00A002 | Brussels | 4,358 m² | 2 · 1,196 m² | 12.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DK
BE 0873.170.541
Asse · Eq €212k
APC-CONSTRUCT&RENOVATION
BE 0437.975.982
Ninove · Eq €212k
TOLU Management
BE 0792.209.787
Wezembeek-Oppem · Eq €212k
Duo Ghozli
BE 0793.467.720
Kortrijk · Eq €212k
OSACO
BE 0716.801.492
Brugge · Eq €212k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 39,595 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-1990
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@cardinalenord.be
Phone:023431704