Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CADFIN from Knokke-Heist, company number BE0430565677, closed financial year 2025 with a result of € -70,104 after tax. For that financial year CADFIN recorded a gross margin of € 137,881 and equity of € 864,581. Compared with financial year 2024, the result moved from € -112,782 to € -70,104. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 864,581
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70,104
▲ 38 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,342
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -177,374.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 173,420
▼ 6% vs 2024
Of which on lease € 173,420.
Debts at end 2025
€ 2.8 million
▼ 10% vs 2024
€ 172,401 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 481,426
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,038
▲ 151% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 119,627 | € 38,302 | € 82,376 | € 137,881 | ▲ 67% |
| Profit after taxes | € -71,837 | € -165,002 | € -112,782 | € -70,104 | ▲ € 42,678 |
| Equity | € 1,212,469 | € 1,047,467 | € 934,685 | € 864,581 | ▼ 8% |
| Total debts | € 3,893,646 | € 3,686,613 | € 3,738,170 | € 3,548,067 | ▼ 5% |
| Cash | € 13,259 | € 11,282 | € 11,165 | € 2,342 | ▼ 79% |
| Retained profit | € 170,514 | € 5,512 | € -107,270 | € -177,374 | ▼ € 70,104 |
| Bank debt | € 3,252,251 | € 3,019,476 | € 3,074,739 | € 2,780,103 | ▼ 10% |
| Balance sheet total | € 5,946,922 | € 5,537,654 | € 5,439,280 | € 5,112,140 | ▼ 6% |
Key figures of CADFIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CADFIN?
What happened at CADFIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cadus NV stepped down as director. NBB
- PICAST BV stepped down as director. NBB
- Jolika NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 70,104. Source: NBB ↗
- Cadus NV became a director. NBB
- PICAST BV became a director. NBB
- Jolika NV became a director. NBB
- New establishment in Knokke-Heist. KBO
In short
From € 71,837 loss in 2022 to € 70,104 loss in 2025.
Paid € 45,174 in corporate taxes since 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of CADUS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CADFINThe shares are held by CADUS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Johan Castelein
Also active at: LEMAHIEU GROUP, Roche4Abatt, ABATTOIR TRADING SUPPORT & SERVICES, DWC & PARTNERS, LDCwood, UNOVA, CAEDES, F4P Invest
since 2023 · until 2029
Director · represented by Danielle Dusselier
Also active at: ABATTOIR TRADING SUPPORT & SERVICES, Abattoir Management & Operations, EURO MEAT GROUP
since 2023 · until 2029
Director · represented by Viviane Druwel
Also active at: Abattoir Management & Operations, EURO MEAT GROUP
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kustlaan 81 box 21
8300 Knokke-Heist
Kustlaan 81/21
8300 Knokke-Heist
Active since 23 April 1987
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.565.677
- VAT number
- BE 0430.565.677
- Registered office
- Kustlaan 81 bus 21, 8300 Knokke-Heist
- Names & denominations
- CADFIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 1987
- Peppol
- Active · Active since 10 Sept 2025
- Activities · NACE
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