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Generated 30-07-2026
Active BE 0442.334.846Public limited company

C'EST DIVIN

Kerkstraat 64 ·1150 Sint-Pieters-Woluwe, Belgium· 35 yrs active
Sector: Head offices & management consulting (70200)
Conclusion Checked

The computed 12-month bankruptcy probability of C'EST DIVIN is 0.2% (very low). The 2024 annual accounts show equity of €586k and a net result of €95k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 12430 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €586k
Net result €95k
Better than sector 47%
Active 35 yrs
Snowflake analysis 5 axes · computed by Checked
Health100Profitability81Solvency100Growth78Stability100
92 / 100

Exceptional profile, strong across almost every axis.

Health 100
Profitability 81
Solvency 100
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.2% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Higher-failure-rate region +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 1990, 35 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
100 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 22-08-2025 with the NBB · fiscal year 2024 · micro
€-100k€0€100kOperating result 2020: €13k€13kNet result 2020: €-62k€-62kOperating result 2021: €12k€12kNet result 2021: €-3k€-3kOperating result 2022: €59k€59kNet result 2022: €46k€46kOperating result 2023: €8k€8kNet result 2023: €-4k€-4kOperating result 2024: €139k€139kNet result 2024: €95k€95k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~6.7%/year over 7 fiscal years, indicative, assuming unchanged policy.
€200k€400k€600k€800k2025: €601k (€554k - €648k)2026: €641k (€575k - €707k)2027: €684k (€593k - €774k)2018: €232k2019: €454k2020: €453k2021: €450k2022: €495k2023: €492k2024: €586k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 57.5% 60.6%
better than 47% of 12430 sector peers
Net result €95k €31k
better than 86% of 12432 sector peers
Equity €586k €63k
better than 95% of 12438 sector peers
Gross operating margin €170k €52k
better than 91% of 12418 sector peers
Total assets €1.02M €124k
better than 95% of 12431 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€160k
+318.6% far above sector median
Net profit
€95k
- far above sector median
Cash flow
€116k
+327.3% far above sector median
Total assets
€1.02M
-8.4% far above sector median
Equity
€586k
+19.2% far above sector median
Working capital
€170k
- +167% vs sector
Income taxes
€36k
- far above sector median
Debt
€298k
-37.7% far above sector median
Debt ≤ 1y
€92k
-13.1% +219% vs sector
Debt > 1y
€205k
-44.1% far above sector median
Current ratio
2.84
+17663.9% -53% vs sector
Quick ratio
2.84
+17663.9% -53% vs sector
Solvency
57.5%
+30.2% -5% vs sector
Debt / equity
0.51
-47.8% +43% vs sector
ROE
16.1%
- far above sector median
ROA
9.3%
- +200% vs sector
Interest coverage
9.66
+318.5% -89% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€160k
Net profit€95k
Cash flow€116k
Staff costs-
Income taxes€36k
Dividends-
Total assets€1.02M
Equity€586k
Debt€298k
of which ≤ 1y€92k
of which > 1y€205k
Working capital€170k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.84
Quick ratio2.84
Working capital ratio16.7%
Solvency57.5%
Debt / equity0.51
Long-term debt ratio0.35
Interest coverage9.66
Gross margin-
Net margin-
ROA9.3%
ROE16.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.02M
Fixed assets 21/28€758k
Tangible fixed assets 22/27€756k
Financial fixed assets 28€1k
Current assets 29/58€262k
Amounts receivable within one year 40/41€7k
Cash & bank 54/58€255k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.02M
Equity 10/15€586k
Contributions / capital 10/11€149k
Reserves 13€341k
Accumulated profits (losses) 14€96k
Provisions & deferred taxes 16€135k
Amounts payable 17/49€298k
Amounts payable after one year 17€205k
Amounts payable within one year 42/48€92k
Trade debts payable within one year 44€5k
Income statement
Gross operating margin 9900€170k
Operating result 9901€139k
Financial income 75€420
Financial charges 65€17k
Result before taxes 9903€123k
Income taxes 67/77€36k
Net result for the period 9904€95k
Result to be appropriated 9905€83k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • Martine BLIKI
    Director
    State Gazette act 25155556 (10-12-2025)
    Current
    19-08-2013 → present
    2 events
    • 10-12-2025 Mandate renewed· Director
    • 19-08-2013 Mandate renewed· Director
  • Yves DUCOBU
    Director
    State Gazette act 25155556 (10-12-2025)
    Current
    19-08-2013 → present
    6 events
    • 10-12-2025 Mandate renewed· Director
    • 10-12-2025 Appointed· Managing director
    • 17-10-2019 Mandate renewed· Director
    • 17-10-2019 Appointed· Managing director
    • 19-08-2013 Mandate renewed· Director
    • 19-08-2013 Appointed· Managing director
Historic, not recently confirmed (1)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Martine BLIK!
    Director
    State Gazette act 19137911 (17-10-2019)
    Not recently confirmed
    last confirmed in an act from 2019
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Head offices & management consulting(70200)
Legal form Public limited company(014)
Incorporation04-12-1990
StatusActive
Postal code1150
Establishment units 1 location
LE MUCHA
Kerkstraat 64, 1150 Sint-Pieters-WoluwePersonenvervoer door de lucht
since 19912.051.018.577
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21683D0089/00R000 Brussels 1,596 m² 1 · 287 m² 16.7 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
10-12-2025
State Gazette act Director changes
v3.2
22-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
28-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
10-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
20-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
18-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
04-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
17-10-2019
State Gazette act Director changes
v3.2
30-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
31-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
30-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
30-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2013
19-08-2013
State Gazette act Director changes
v3.2
2012
13-02-2012
State Gazette act Capital & shares
v3.2
Belgisch Staatsblad, acts 4 acts
Capital history · 1
13-02-2012
v3.2
All acts · 4 updated 7 months ago
2025
10-12-2025 1 director appointed, 2 reappointed Director changes
  • Yves DUCOBU, Gedelegeerd bestuurder
  • Yves DUCOBU, Bestuurder
  • Martine BLIKI, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Yves DUCOBU",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de renouveler le mandat d\u0027administrateur de Monsieur Yves DUCOBU et de Madame Martine BLIKI pour une p\u00E9riode de six ans venant \u00E0 l\u0027expiration \u00E0 l\u0027issue de l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2031."
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Martine BLIKI",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de renouveler le mandat d\u0027administrateur de Monsieur Yves DUCOBU et de Madame Martine BLIKI pour une p\u00E9riode de six ans venant \u00E0 l\u0027expiration \u00E0 l\u0027issue de l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2031."
    },
    {
      "kind": "director_in",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "Yves DUCOBU",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "Monsieur Yves Ducobu est \u00E9galement nomm\u00E9 administrateur d\u00E9l\u00E9gu\u00E9 pour une p\u00E9riode de six ans."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0442.334.846",
    "name_full": "C\u0027EST DIVIN",
    "legal_form": "SA"
  }
}
2019
17-10-2019 1 director appointed, 2 reappointed Director changes
  • Yves DUCOBU, Gedelegeerd bestuurder
  • Yves DUCOBU, Bestuurder
  • Martine BLIK!, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Yves DUCOBU",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de renouveler le mandat d\u0027administrateur de Monsieur Yves DUCOBU et de Madame Martine BLIK! pour une p\u00E9riode de six ans venant \u00E0 l\u0027expiration \u00E0 l\u0027issue de l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2025."
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Martine BLIK!",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de renouveler le mandat d\u0027administrateur de Monsieur Yves DUCOBU et de Madame Martine BLIK! pour une p\u00E9riode de six ans venant \u00E0 l\u0027expiration \u00E0 l\u0027issue de l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2025."
    },
    {
      "kind": "director_in",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "Yves DUCOBU",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "Monsieur Yves DUCOBU est \u00E9galement nomm\u00E9 administrateur d\u00E9l\u00E9gu\u00E9 pour une p\u00E9riode de six ans."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0442.334.846",
    "name_full": "C\u0027EST DIVIN",
    "legal_form": "SA"
  }
}
2013
19-08-2013 1 director appointed, 2 reappointed Director changes
  • Yves DUCOBU, Gedelegeerd bestuurder
  • Yves DUCOBU, Bestuurder
  • Martine BLIKI, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Yves DUCOBU",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de renouveler le mandat d\u0027administrateur de Monsieur Yves DUCOBU et de Madame Martine BLIKI pour une p\u00E9riode de six ans venant \u00E0 l\u0027expiration \u00E0 l\u0027issue de l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2019."
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Martine BLIKI",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de renouveler le mandat d\u0027administrateur de Monsieur Yves DUCOBU et de Madame Martine BLIKI pour une p\u00E9riode de six ans venant \u00E0 l\u0027expiration \u00E0 l\u0027issue de l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2019."
    },
    {
      "kind": "director_in",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "Yves DUCOBU",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "Monsieur Yves DUCOBU est \u00E9galement nomm\u00E9 administrateur d\u00E9l\u00E9gu\u00E9 pour une p\u00E9riode de six ans."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0442.334.846",
    "name_full": "C\u0027EST DIVIN",
    "legal_form": "SA"
  }
}
2012
13-02-2012 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0442.334.846",
    "name_full": "C\u0027EST DIVIN",
    "legal_form": "SA"
  }
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameFR C'EST DIVIN
Registered office
Kerkstraat 64
1150 Sint-Pieters-Woluwe, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative