Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
75 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Carduus Beheer from Waregem, company number BE0769576125, closed financial year 2025 with a result of € -10,623 after tax. Compared with financial year 2024, the result moved from € -5,974 to € -10,623. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ -20,412
▼ € 10,623 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,623
▼ 78 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,239
▲ 172% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -30,412.
Debts at end 2025
€ 1.5 million
▲ 86% vs 2024
€ 830,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 62,589
▲ 203% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 591,619 | € -5,848 | € -3,542 | - | |
| Profit after taxes | € -7,567 | € -6,248 | € -5,974 | € -10,623 | ▼ € 4,648 |
| Equity | € 2,433 | € -3,815 | € -9,789 | € -20,412 | ▼ € 10,623 |
| Total debts | € 13,409 | € 12,110 | € 1,260,184 | € 1,612,720 | ▲ 28% |
| Cash | € 12,323 | € 4,976 | € 825 | € 2,239 | ▲ 172% |
| Retained profit | € -7,567 | € -13,815 | € -19,789 | € -30,412 | ▼ € 10,623 |
| Bank debt | € 2,389 | € 190 | € 830,000 | € 1,544,349 | ▲ 86% |
| Balance sheet total | € 15,842 | € 8,296 | € 1,250,394 | € 1,592,309 | ▲ 27% |
Key figures of Carduus Beheer, 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 Carduus Beheer?
What happened at Carduus Beheer in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Thiers stepped down as director. NBB
- Davy Demuynck stepped down as director. NBB
- Kristof Vanfleteren stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 10,623. Source: NBB ↗
- Paul Thiers became a director. NBB
- Davy Demuynck became a director. NBB
- Kristof Vanfleteren became a director. NBB
- New establishment in Leuven. KBO
In short
From € 7,567 loss in 2022 to € 10,623 loss in 2025.
Pays suppliers within 83 days on average.
A new publication or filing at Carduus Beheer? 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
The stake of ION HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Carduus BeheerThe shares are held by ION HOLDING (100%).
Directors
According to the 2025 annual accounts
Paul Thiers
Director
Also active at: COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, BedRocks, KEMPENSE LAND BANK, STUDIO 2CV, CELIDEE CONSTRUCT, ION Service Provider +39 more
since 2025 · until 2031
Davy Demuynck
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO, RIKOTAL +133 more
since 2025 · until 2031
Kristof Vanfleteren
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Diestsestraat 194C
3000 Leuven
Active since 10 June 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 75 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+70 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
- 0769.576.125
- VAT number
- BE 0769.576.125
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- Carduus Beheer
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis