Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 2.4 to 1.
Financials
Financial year 2025
CARDIN ELETTRONICA BELGIUM SA-NV from Laakdal, company number BE0436296003, closed financial year 2025 with a result of € 191,339 after tax. For that financial year CARDIN ELETTRONICA BELGIUM SA-NV recorded a gross margin of € 340,499 and equity of € 667,161. Compared with financial year 2024, the result moved from € 218,401 to € 191,339. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 667,161
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 191,339
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 429,906
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
78 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 70,977
▼ 52% vs 2024
€ 71,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,553
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 85,830
Supplier invoices still open on the last day of the fiscal year.
€ 7,366
▼ 46% 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 | € 447,169 | € 389,995 | € 475,968 | € 340,499 | ▼ 28% |
| Profit after taxes | € 220,747 | € 166,404 | € 218,401 | € 191,339 | ▼ 12% |
| Equity | € 891,017 | € 707,421 | € 625,822 | € 667,161 | ▲ 7% |
| Total debts | € 236,329 | € 476,047 | € 402,033 | € 245,696 | ▼ 39% |
| Cash | € 529,704 | € 624,925 | € 563,480 | € 429,906 | ▼ 24% |
| Retained profit | € 829,017 | € 645,421 | € 563,822 | € 605,161 | ▲ 7% |
| Dividend | € 100,000 | € 350,000 | € 300,000 | € 150,000 | ▼ 50% |
| Balance sheet total | € 1,127,345 | € 1,183,468 | € 1,027,855 | € 912,857 | ▼ 11% |
| Employees (FTE) | 2 | 2.4 | 2 | 1 | ▼ 1 |
Key figures of CARDIN ELETTRONICA BELGIUM SA-NV, 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 CARDIN ELETTRONICA BELGIUM SA-NV?
What happened at CARDIN ELETTRONICA BELGIUM SA-NV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Martijn Vlug stepped down as director. NBB
- Ike De Leeuw stepped down as director. NBB
- Andrea Cattivelli stepped down as director. NBB
- Cristiano Cardin stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 191,339 (▼ 12% vs 2024). Source: NBB ↗
- Martijn Vlug became a director. NBB
- Hubertus Maas stepped down as director. NBB
- Ike De Leeuw became a director. NBB
In short
From € 220,747 profit in 2022 to € 191,339 profit in 2025.
Paid € 280,864 in corporate taxes since 2022.
Best year ever: 2022, with € 220,747 profit.
On average € 340,500 of value added per employee in 2025.
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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
Directors
According to the 2025 annual accounts
Andrea Cattivelli
Chairman of the board
since 2021 · until 2027
Martijn Vlug
Director
since 2025 · until 2031
Hubertus Maas
Managing director
since 2021 · until 2025
since 2025 · until 2031
Cristiano Cardin
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Langvoort 53
2430 Laakdal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
MIRHOSTING, NL
Website info
Features
Security
Details
- Company number
- 0436.296.003
- VAT number
- BE 0436.296.003
- Registered office
- Langvoort 53, 2430 Laakdal
- Names & denominations
- CARDIN ELETTRONICA BELGIUM SA-NV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 1989
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- cardin.be
- Activities · NACE
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