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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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Cathec from Destelbergen, company number BE0776605358, closed financial year 2025 with a result of € 45,287 after tax. For that financial year Cathec recorded a gross margin of € 115,187 and equity of € 8,682. Compared with financial year 2024, the result moved from € -24,686 to € 45,287. 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 September 23, 2026.
€ 8,682
▲ € 45,287 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45,287
▲ still € 24,686 loss in 2024
Profit after tax over the fiscal year.
€ 277,020
▲ € 274,534 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5,682.
People and assets in 2025
€ 128,501
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,412
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,158
▲ € 6,479 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,379 | € 49,942 | € 107,558 | € 115,187 | ▲ 7% |
| Profit after taxes | € 772 | € -15,690 | € -24,686 | € 45,287 | ▲ € 69,972 |
| Equity | € 3,772 | € -11,918 | € -36,604 | € 8,682 | ▲ € 45,287 |
| Total debts | € 2,452,211 | € 2,322,855 | € 2,068,611 | € 1,361,197 | ▼ 34% |
| Cash | € 2,927 | € 899 | € 2,485 | € 277,020 | ▲ € 274,534 |
| Land & buildings | € 1,134,841 | € 1,104,961 | € 1,075,081 | € 637,837 | ▼ 41% |
| Retained profit | € 772 | € -14,918 | € -39,604 | € 5,682 | ▲ € 45,287 |
| Bank debt | € 660,000 | € 609,563 | € 547,902 | € 0 | ▼ 100% |
| Balance sheet total | € 2,455,983 | € 2,310,937 | € 2,032,006 | € 1,369,879 | ▼ 33% |
| Employees (FTE) | - | - | 0.8 | - |
Key figures of Cathec, 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 Cathec?
What happened at Cathec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 45,287. filed late Source: NBB ↗
- New establishment in Destelbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 772 profit in 2022 to € 45,287 profit in 2025.
Paid € 4,092 in corporate taxes since 2022.
Best year ever: 2025, with € 45,287 profit.
Management
Behind Cathec are Sam Weydts and Morgan Weilandt. The same people are also behind CERDI.
Establishments
Establishment units
Physical locations of this company
Dendermondesteenweg 504
9070 Destelbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0776.605.358
- VAT number
- BE 0776.605.358
- Registered office
- Dendermondesteenweg 504, 9070 Destelbergen
- Names & denominations
- Cathec
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 2021
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Algemene elektrotechnische installatiewerken
Bouwrijp maken van terreinen
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Logistieke diensten
Sanitaire werkzaamheden
Overige vrachtbehandeling, exclusief in zeehavens
Vervaardiging van andere elektrische apparatuur
Overige zakelijke dienstverlening, neg
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