ACTIVE

CARDIORYTHM

Financial year 2025 · closed on 31/12/2025
Net result
41,8 k €
-22.6% YoY
Gross margin
83 k €
-19.4% YoY
Equity
165,6 k €
+10.5% YoY

What does CARDIORYTHM do?

CARDIORYTHM is a Private limited company incorporated in 2002. Its registered office is in Ottignies-Louvain-la-Neuve.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0479.084.087
Incorporation
19/12/2002
Legal form
Private limited company
Registered office
Place des Peintres 1 box 203
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
19 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin83 k €103 k €59,2 k €36,6 k €18,1 k €14,5 k €103,5 k €53,4 k €36,9 k €31,7 k €29 k €20,4 k €76,2 k €117,6 k €112,9 k €92,3 k €110,8 k €131,2 k €133,5 k €7,5 k €
EBITDA80,8 k €100,9 k €50,8 k €35,9 k €17,1 k €14,1 k €103,1 k €50,4 k €33,9 k €31,2 k €28,6 k €20 k €75,8 k €117,3 k €112,4 k €89,5 k €86 k €109,8 k €127 k €7,4 k €
Operating result62,5 k €83,2 k €7,3 k €24 k €5,6 k €6,2 k €94,5 k €46,2 k €24,2 k €23,3 k €16,4 k €10,1 k €68,5 k €85,6 k €70,7 k €45,1 k €40,3 k €54 k €97,1 k €-25,1 k €
Net result41,8 k €54 k €-1,3 k €15,6 k €556,1 €2,4 k €67,7 k €32,2 k €14,2 k €13,4 k €11 k €122 €57,6 k €81,2 k €50,9 k €25,3 k €32,5 k €32,9 k €62,5 k €-33,5 k €
Balance sheet
Equity165,6 k €149,8 k €150,8 k €210,6 k €195 k €205,3 k €202,9 k €147,2 k €115 k €100,7 k €87,3 k €76,3 k €176,2 k €118,6 k €97,4 k €56,5 k €159,1 k €126,6 k €93,7 k €31,2 k €
Total assets344,3 k €381,1 k €418,1 k €243,8 k €239,7 k €259,9 k €245,3 k €179,9 k €171,8 k €120,8 k €134,6 k €119,9 k €205,9 k €240,5 k €202,5 k €290,9 k €295,3 k €287,8 k €184,3 k €198,5 k €
Cash34 k €38 k €46,9 k €47 k €81,8 k €154,9 k €124,7 k €82,2 k €48,5 k €10,4 k €7,1 k €10,3 k €70,8 k €10,7 k €2,2 k €20,3 k €1,9 k €8,5 k €3,2 k €1,6 k €
Debts178,6 k €231,2 k €267,3 k €33,2 k €44 k €54,6 k €42,4 k €30,5 k €56,8 k €20,1 k €47,3 k €43,6 k €29,7 k €121,9 k €105,1 k €234,4 k €136,2 k €161,2 k €90,6 k €167,3 k €
Other
Workforce0,1 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Carine ROCH

Director

Active
Stéphan CHEVALIER

Director

Active

Ended mandates

CARINE ROCH

Director · since 03 juin 2014

Ended
CARINE ROCH

Manager · since 03 juin 2014

Ended
STEPHAN CHEVALIER

Director · since 17 décembre 2002

Ended
STEPHAN CHEVALIER

Manager · since 17 décembre 2002

Ended
At this address

Other companies at this address

CompanyCBE no.
0474.314.756
MCVCActive
0649.615.136
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/06/202604/06/202526/06/202407/06/202308/06/202231/08/2021
General meeting02/06/202603/06/202504/06/202406/06/202307/06/202201/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/06/202610/06/2026FrenchPDF
Micro model31/12/202403/06/202504/06/2025FrenchPDF
Micro model31/12/202304/06/202426/06/2024FrenchPDF
Micro model31/12/202206/06/202307/06/2023FrenchPDF
Micro model31/12/202107/06/202208/06/2022FrenchPDF
Micro model31/12/202001/06/202131/08/2021FrenchPDF
Micro model31/12/201902/06/202018/08/2020FrenchPDF
Micro model31/12/201804/06/201929/07/2019FrenchPDF
Micro model31/12/201705/06/201810/08/2018FrenchPDF
Micro model31/12/201606/06/201730/08/2017FrenchPDF
Abridged model31/12/201507/06/201612/07/2016FrenchPDF
Abridged model31/12/201402/06/201525/08/2015FrenchPDF
Abridged model31/12/201303/06/201404/08/2014FrenchPDF
Abridged model31/12/201204/06/201327/08/2013FrenchPDF
Abridged model31/12/201105/06/201223/08/2012FrenchPDF
Abridged model31/12/201007/06/201118/07/2011FrenchPDF
Abridged model31/12/200901/06/201023/07/2010FrenchPDF
Abridged model31/12/200802/06/200931/08/2009FrenchPDF
Abridged model31/12/200703/06/200806/08/2008FrenchPDF
Abridged model31/12/200626/06/200706/07/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025 · 2 active · 7 ended

Active mandates

Carine ROCH

Director

Active
Stéphan CHEVALIER

Director

Active

Ended mandates

CARINE ROCH

Director · since 03 juin 2014

Ended
CARINE ROCH

Manager · since 03 juin 2014

Ended
STEPHAN CHEVALIER

Director · since 17 décembre 2002

Ended
STEPHAN CHEVALIER

Manager · since 17 décembre 2002

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other07/10/2020
    MODIFICATION FORME JURIDIQUE - OBJET
    PDF
  • Mandates05/09/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office14/05/2004
    SIEGE SOCIAL
    PDF
  • Other15/01/2003
    DIVERS
    PDF
  • Other30/12/2002
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202541,8 k €
  2. 2024
    Annual accounts 202454 k €
  3. 2023
    Annual accounts 2023-1,3 k €
  4. 2022
    Annual accounts 202215,6 k €
  5. 2021
    Annual accounts 2021556,1 €
  6. 2020
    Annual accounts 20202,4 k €
  7. 2019
    Annual accounts 201967,7 k €
  8. 2018
    Annual accounts 201832,2 k €
  9. 2017
    Annual accounts 201714,2 k €
  10. 2016
    Annual accounts 201613,4 k €
  11. 2015
    Annual accounts 201511 k €
  12. 2014
    Annual accounts 2014122 €
  13. 2013
    Annual accounts 201357,6 k €
  14. 2012
    Annual accounts 201281,2 k €
  15. 2011
    Annual accounts 201150,9 k €
  16. 2010
    Annual accounts 201025,3 k €
  17. 2009
    Annual accounts 200932,5 k €
  18. 2008
    Annual accounts 200832,9 k €
  19. 2007
    Annual accounts 200762,5 k €
  20. 2006
    Annual accounts 2006-33,5 k €
  21. 19/12/2002
    IncorporationPrivate limited company