Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Cadmes Systems from Merelbeke-Melle, company number BE0652874237, closed financial year 2025 with a result of € 191,334 after tax. For that financial year Cadmes Systems recorded a gross margin of € 1.9 million and equity of € 356,556. Compared with financial year 2024, the result moved from € 174,336 to € 191,334. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 11, 2026.
€ 356,556
▲ 116% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 191,334
▲ 10% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 137,956.
People and assets in 2025
16.7
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 8% vs 2024
€ 96,800 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.
€ 20,805
▼ 29% 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.
€ 626,472
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 477,355
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,509,731 | € 1,541,122 | € 1,779,587 | € 1,912,321 | ▲ 7% |
| Profit after taxes | € -212,610 | € -20,240 | € 174,336 | € 191,334 | ▲ 10% |
| Equity | € 11,126 | € -9,114 | € 165,222 | € 356,556 | ▲ 116% |
| Total debts | € 4,528,735 | € 4,143,653 | € 4,911,381 | € 5,175,777 | ▲ 5% |
| Cash | € 9,184 | - | - | - | |
| Retained profit | € -207,474 | € -227,714 | € -53,378 | € 137,956 | ▲ € 191,334 |
| Balance sheet total | € 4,544,961 | € 4,139,979 | € 5,082,203 | € 5,538,233 | ▲ 9% |
| Employees (FTE) | 21 | 17.6 | 15.6 | 16.7 | ▲ 1.1 |
Key figures of Cadmes Systems, 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 Cadmes Systems?
What happened at Cadmes Systems in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 191,334 (▲ 10% vs 2024). Source: NBB ↗
- Anoek Schellings became a director. NBB
- Raf Peeters became a director. NBB
- New establishment in Charleroi. KBO
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 212,610 loss in 2022 to € 191,334 profit in 2025.
Paid € 140,478 in corporate taxes since 2022.
Best year ever: 2025, with € 191,334 profit.
On average € 114,500 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
Behind Cadmes Systems are Anoek Schellings and Raf Peeters.
Directors
According to the 2025 annual accounts
Anoek Schellings
Director
since 2022
Raf Peeters
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Guldensporenpark 12
9820 Merelbeke-Melle
Avenue Georges Lemaitre 22
6041 Charleroi
Active since 1 July 2018
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
Self-hosted
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0652.874.237
- VAT number
- BE 0652.874.237
- Registered office
- Guldensporenpark 12, 9820 Merelbeke-Melle
- Names & denominations
- Cadmes Systems
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2016
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- cadmes.be
- Activities · NACE
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