OPENING OF BANKRUPTCY

CAKE

Financial year 2023 · closed on 31/12/2023
Net result
-1,1 M €
+67.9% YoY
Gross margin
-664,1 k €
+75.9% YoY
Equity
208,9 k €
-72.7% YoY
Workforce
3,1 ETP
-47.5% YoY

Company — Opening of bankruptcy.

What does CAKE do?

CAKE is a Public limited company incorporated in 2019. Its main activity is: Other financial service activities, except insurance and pension funding n.e.c.. Its registered office is in Gent. It employs on average 3,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0723.581.891
Incorporation
25/03/2019
Legal form
Public limited company
Registered office
Ottergemsesteenweg-Zuid 808 box 203
9000 Gent · FlandreSee on map
Contributed capital
13 299 999,92 €
Latest accounts
31/12/2023
Average workforce
3,1 ETP
Joint committees (1)
  • 200
Signals
Good liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2023202220212020
Income statement
Gross margin-664,1 k €-2,8 M €-4,6 M €-3,2 M €
EBITDA-1 M €-3,3 M €-5,1 M €-3,5 M €
Operating result-1 M €-3,3 M €-5,2 M €-3,5 M €
Net result-1,1 M €-3,3 M €-5,2 M €-3,6 M €
Balance sheet
Equity208,9 k €765 k €-340,1 k €193,1 k €
Total assets1,9 M €1,3 M €856,2 k €993,3 k €
Cash132,4 k €1,1 M €217,3 k €588,9 k €
Debts1,7 M €251 k €647,6 k €551,1 k €
Other
Workforce3,1 ETP5,9 ETP8,4 ETP3,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 6 active · 8 ended

Active mandates

James Patrick Lord

Director · since 09 novembre 2023

Active
Benjamin Rieder

Managing director · since 13 janvier 2023

Active
Steven Spittaels

Director · since 13 janvier 2023

Active
Davy Kestens

Director · since 25 mars 2019 · until 09 novembre 2023

Active
Pieter Schelfhout

Director · since 25 mars 2019 · until 30 septembre 2023

Active
Yves Bovin

Director · since 25 mars 2019 · until 29 février 2024

Active

Ended mandates

Benjamin Rieder

Director · since 13 janvier 2023

Ended
Davy Kestens

Managing director · since 25 mars 2019 · until 05 avril 2024

Ended
Peter Van Hees

Managing director · since 25 mars 2019 · until 03 avril 2021

Ended
Peter Van Hees

Managing director · since 25 mars 2019 · until 05 avril 2024

Ended
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Annual accounts

Full financial information

2023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202125/03/2019
Closing of the financial year31/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months22 months
Filing date03/09/202427/07/202325/04/202207/05/2021
General meeting30/08/202429/06/202301/04/202202/04/2021
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202330/08/202403/09/2024DutchPDF
Abridged model31/12/202229/06/202327/07/2023DutchPDF
Abridged model31/12/202101/04/202225/04/2022DutchPDF
Abridged model31/12/202002/04/202107/05/2021DutchPDF
Estimate

Indicative valuation

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 31/12/2023 · 6 active · 8 ended

Active mandates

James Patrick Lord

Director · since 09 novembre 2023

Active
Benjamin Rieder

Managing director · since 13 janvier 2023

Active
Steven Spittaels

Director · since 13 janvier 2023

Active
Davy Kestens

Director · since 25 mars 2019 · until 09 novembre 2023

Active
Pieter Schelfhout

Director · since 25 mars 2019 · until 30 septembre 2023

Active
Yves Bovin

Director · since 25 mars 2019 · until 29 février 2024

Active

Ended mandates

Benjamin Rieder

Director · since 13 janvier 2023

Ended
Davy Kestens

Managing director · since 25 mars 2019 · until 05 avril 2024

Ended
Peter Van Hees

Managing director · since 25 mars 2019 · until 03 avril 2021

Ended
Peter Van Hees

Managing director · since 25 mars 2019 · until 05 avril 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/09/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares06/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates07/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/01/2022
    KAPITAAL - AANDELEN
    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. 2023
    Annual accounts 2023-1,1 M €
  2. 2022
    Annual accounts 2022-3,3 M €
  3. 2021
    Annual accounts 2021-5,2 M €
  4. 2020
    Annual accounts 2020-3,6 M €
  5. 25/03/2019
    IncorporationPublic limited company