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 2022 and 2023.
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Shrinking team NBB
FTE fell two years in a row, from 8.4 to 3.1.
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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
CAKE from Gent, company number BE0723581891, closed financial year 2023 with a result of € -1.1 million after tax. For that financial year CAKE recorded a gross margin of € -664,057 and equity of € 208,898. Compared with financial year 2022, the result moved from € -3.3 million to € -1.1 million. The company made a loss. The buffer shrank hard: equity is 73 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 3, 2024.
€ 208,898
▼ 73% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▲ 68 % less loss than in 2022
Profit after tax over the fiscal year.
€ 132,404
▼ 88% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13.1 million.
People and assets in 2023
3.1
▼ 2.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 342,557
▼ 31% vs 2022
€ 110,500 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.
€ 5,814
▼ 31% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 1 million
Loans from banks and other lenders, long and short.
€ 225,993
▲ 11% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 2,803
▼ 93% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -4,577,624 | € -2,756,259 | € -664,057 | ▲ € 2.1 million |
| Profit after taxes | € -5,183,198 | € -3,294,907 | € -1,056,060 | ▲ € 2.2 million |
| Equity | € -340,135 | € 764,958 | € 208,898 | ▼ 73% |
| Total debts | € 1,196,351 | € 496,669 | € 1,712,096 | ▲ 245% |
| Cash | € 217,323 | € 1,061,880 | € 132,404 | ▼ 88% |
| Retained profit | € -8,740,135 | € -12,035,042 | € -13,091,102 | ▼ € 1.1 million |
| Bank debt | € 0 | € 0 | € 1,000,000 | |
| Balance sheet total | € 856,216 | € 1,261,627 | € 1,920,993 | ▲ 52% |
| Employees (FTE) | 8.4 | 5.9 | 3.1 | ▼ 2.8 |
Key figures of CAKE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to CAKE?
What happened at CAKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
CAKE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 1.1 million. filed late Source: NBB ↗
- Yves Bovin stepped down as director. NBB
- James Patrick Lord became a director. NBB
- Davy Kestens stepped down as director. NBB
- Pieter Schelfhout stepped down as director. NBB
- Steven Spittaels became a director. NBB
- Benjamin Rieder became a director. NBB
- New establishment in Gent. KBO
In short
From € 5.2 million loss in 2021 to € 1.1 million loss in 2023.
Paid € 2,388 in corporate taxes since 2021.
A new publication or filing at CAKE? We notify you, reason included.
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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 CAKE are Steven Spittaels, James Patrick Lord and Benjamin Rieder. The shares are held by Levenue Global Enterprises (100%).
Directors
According to the 2023 annual accounts
Steven Spittaels
Director
Also active at: AHOOGA, Dino Saurus, RunEASI, Spittsinvest, Mandarino, Palaia, IMMO STENA
since 2023
James Patrick Lord
Director
since 2023
since 2023
since 2019 · until 2023
since 2019 · until 2024
since 2019 · until 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg-Zuid 808 box 203
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
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€ 2.5 million revenue · 2026
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+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0723.581.891
- VAT number
- BE 0723.581.891
- Registered office
- Ottergemsesteenweg-Zuid 808 bus 203, 9000 Gent
- Names & denominations
- CAKE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 25 March 2019
- Peppol
- Not registered
- Activities · NACE
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