ACTIVE

CARDANO

Financial year 2025 · closed on 31/08/2025
Net result
50 k €
+452.9% YoY
Gross margin
90,1 k €
+7.7% YoY
Equity
239,6 k €
+26.4% YoY
Workforce
0,0 ETP

What does CARDANO do?

CARDANO is a Private company with limited liability incorporated in 1993. Its main activity is: Hotels and similar accommodation. Its registered office is in Nazareth-De Pinte.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0450.928.254
Incorporation
16/09/1993
Legal form
Private company with limited liability
Registered office
Hof ter Langeveld 1
9840 Nazareth-De Pinte · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/08/2025
Average workforce
0,0 ETP
Joint committees (1)
  • 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220182017201620152014201220112010200920082007
Income statement
Gross margin90,1 k €83,6 k €109 k €24,1 k €3,8 k €-1,4 k €-1,3 k €-4,6 k €9,5 k €29 k €57,4 k €83,7 k €79,8 k €45,6 k €38,9 k €
EBITDA85 k €77,5 k €103 k €20,3 k €-4,9 k €-35,2 k €-3,1 k €-8,7 k €4,1 k €15,4 k €54 k €63,8 k €60,4 k €42,8 k €35,6 k €
Operating result70,4 k €48,7 k €90,2 k €12,6 k €-12,1 k €-12,5 k €-43,1 k €-17,2 k €-7,1 k €7,7 k €43,6 k €54,6 k €51,5 k €34 k €26,7 k €
Net result50 k €9 k €77 k €13,5 k €-13,1 k €-16,2 k €-44,9 k €-26,3 k €-12,8 k €72 €26,2 k €35,9 k €31,9 k €20,3 k €15,4 k €
Balance sheet
Equity239,6 k €189,6 k €180,5 k €103,5 k €114,3 k €127,4 k €143,6 k €188,5 k €214,8 k €199,9 k €199,8 k €173,6 k €137,7 k €105,8 k €85,5 k €
Total assets569,7 k €549,2 k €577,9 k €462,5 k €153,6 k €201,7 k €230,3 k €317,5 k €341,2 k €278,1 k €295,7 k €230,8 k €220,3 k €220,1 k €247,9 k €
Cash44,1 €40,1 €8,9 k €63,3 €240,9 €56,9 €5,3 €1,1 k €911 €6,7 k €1,4 k €5,6 k €3 k €22,9 k €
Debts330,1 k €359,6 k €397,4 k €359 k €39,3 k €74,3 k €86,7 k €129 k €126,5 k €75,6 k €93,3 k €54,5 k €79,9 k €111,6 k €161,6 k €
Other
Workforce0,0 ETP0,0 ETP0,4 ETP0,7 ETP0,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 1 active · 1 ended

Active mandates

Marc Leus

Director

Active

Ended mandates

Marc Leus

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Cardano 2.0Active
0473.388.110
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/02/202612/03/202530/04/202420/03/202308/03/202222/02/2021
General meeting14/01/202631/01/202530/04/202421/02/202323/11/202103/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/08/202514/01/202604/02/2026DutchPDF
Abridged model31/08/202431/01/202512/03/2025DutchPDF
Abridged model31/08/202330/04/202430/04/2024DutchPDF
Abridged model31/08/202221/02/202320/03/2023DutchPDF
Abridged model31/08/202123/11/202108/03/2022DutchPDF
Abridged model31/08/202003/11/202022/02/2021DutchPDF
Abridged model31/08/201927/02/202028/02/2020DutchPDF
Micro model31/08/201806/11/201815/01/2019DutchPDF
Micro model31/08/201713/02/201814/02/2018DutchPDF
Abridged model31/08/201628/02/201714/02/2018DutchPDF
Abridged model31/08/201529/02/201630/03/2016DutchPDF
Abridged model31/08/201425/11/201403/03/2015DutchPDF
Abridged model31/08/201231/07/201307/08/2013DutchPDF
Abridged model31/08/201108/11/201104/01/2012DutchPDF
Abridged model31/08/201002/11/201020/12/2010DutchPDF
Abridged model31/08/200929/12/200919/03/2010DutchPDF
Abridged model31/08/200820/02/200911/03/2009DutchPDF
Abridged model31/08/200722/02/200827/02/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/08/2025 · 1 active · 1 ended

Active mandates

Marc Leus

Director

Active

Ended mandates

Marc Leus

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office03/06/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office19/05/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/08/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202550 k €
  2. 2024
    Annual accounts 20249 k €
  3. 2023
    Annual accounts 202377 k €
  4. 2022
    Annual accounts 202213,5 k €
  5. 2018
    Annual accounts 2018-13,1 k €
  6. 2017
    Annual accounts 2017-16,2 k €
  7. 2016
    Annual accounts 2016-44,9 k €
  8. 2015
    Annual accounts 2015-26,3 k €
  9. 2014
    Annual accounts 2014-12,8 k €
  10. 2012
    Annual accounts 201272 €
  11. 2011
    Annual accounts 201126,2 k €
  12. 2010
    Annual accounts 201035,9 k €
  13. 2009
    Annual accounts 200931,9 k €
  14. 2008
    Annual accounts 200820,3 k €
  15. 2007
    Annual accounts 200715,4 k €
  16. 16/09/1993
    IncorporationPrivate company with limited liability