Summary
C.N. DIFFUSION is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €41,974 and a net result of -€19,679. Equity remains stable across the filed financial years (±2.4% per year). Its solvency ranks better than 23% of 6,655 sector peers (NACE 64, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €41,974
- Loss
- -€19,679
- Holdings
- 1
- Fabienne KÜPPERDirector
- Jean-Philippe KÜPPERDirector
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€19,679
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €15,479 in 2025 against €9,062 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,802 | €17,733 | €16,976 | €2,912 | €5,098 | €576 | €576 | €576 | = |
| Other operating charges640/8 | - | - | - | €74 | €0 | - | - | €128 | - |
| Gross operating margin9900 | €42,230 | €29,774 | €27,181 | €14,616 | €14,945 | €6,739 | -€8,486 | -€14,775 | ▼ 74.1% |
| Operating profit (loss)9901 | €24,428 | €12,041 | €10,205 | €11,630 | €9,847 | €6,163 | -€9,062 | -€15,479 | ▼ 70.8% |
| Financial income75/76B | - | - | - | - | €17,081 | €0 | - | - | - |
| Recurring financial income75 | - | - | - | - | €17,081 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €3,103 | €3,988 | €3,977 | €4,247 | €4,199 | ▼ 1.1% |
| Recurring financial charges65 | €5,388 | €5,667 | €4,741 | €3,103 | €3,988 | €3,977 | €4,247 | €4,199 | ▼ 1.1% |
| Profit (loss) for the period before taxes9903 | €19,039 | €6,374 | €5,464 | €8,527 | €22,940 | €2,186 | -€13,309 | -€19,679 | ▼ 47.9% |
| Income taxes67/77 | €11,541 | €6,345 | €5,277 | €6,599 | €629 | €0 | €468 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €7,498 | €29 | €187 | €1,928 | €22,311 | €2,186 | -€13,777 | -€19,679 | ▼ 42.8% |
| Profit (loss) for the period to be appropriated9905 | €7,498 | €29 | €187 | €1,928 | €22,311 | €2,186 | -€13,777 | -€19,679 | ▼ 42.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €263,092 | €223,004 | €208,134 | €207,983 | €230,356 | €209,370 | €208,408 | €201,024 | ▼ 3.5% |
| Fixed assets21/28 | €236,663 | €218,930 | €201,954 | €200,482 | €220,385 | €200,426 | €199,850 | €199,274 | ▼ 0.3% |
| Intangible fixed assets21 | €10,864 | €6,984 | €3,104 | €1,632 | €2,202 | €1,626 | €1,050 | €474 | ▼ 54.8% |
| Tangible fixed assets22/27 | €26,949 | €13,096 | €0 | - | €19,332 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €19,332 | €0 | - | - | - |
| Financial fixed assets28 | €198,850 | €198,850 | €198,850 | €198,850 | €198,850 | €198,800 | €198,800 | €198,800 | = |
| Current assets29/58 | €26,429 | €4,074 | €6,180 | €7,501 | €9,971 | €8,944 | €8,558 | €1,750 | ▼ 79.6% |
| Amounts receivable within one year40/41 | €8,272 | €59 | €5,634 | €5,000 | €7,850 | €5,757 | €7,955 | €838 | ▼ 89.5% |
| Trade receivables40 | - | - | - | €5,000 | €219 | €0 | - | €214 | - |
| Other amounts receivable41 | - | - | - | €0 | €7,631 | €5,757 | €7,955 | €624 | ▼ 92.2% |
| Cash at bank and in hand54/58 | €18,157 | €2,702 | €340 | €1,079 | €326 | €3,187 | €552 | €634 | ▲ 14.9% |
| Deferred charges and accrued income490/1 | - | - | - | €1,421 | €1,795 | €0 | €51 | €277 | ▲ 444% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €263,092 | €223,004 | €208,134 | €207,983 | €230,356 | €209,370 | €208,408 | €201,024 | ▼ 3.5% |
| Equity10/15 | €70,931 | €70,961 | €71,148 | €55,933 | €73,244 | €75,430 | €61,653 | €41,974 | ▼ 31.9% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €48,931 | €48,961 | €49,148 | €33,933 | €51,244 | €53,430 | €39,653 | €19,974 | ▼ 49.6% |
| Amounts payable17/49 | €192,161 | €152,043 | €136,986 | €152,050 | €157,112 | €133,940 | €146,755 | €159,050 | ▲ 8.4% |
| Amounts payable after more than one year17 | €20,716 | €5,099 | €0 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €171,445 | €146,944 | €136,986 | €152,050 | €157,112 | €133,940 | €146,755 | €159,050 | ▲ 8.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0 | - | - | - | - | - |
| Trade debts44 | €26,633 | €64,735 | €62,964 | €63,117 | €12,899 | €10,018 | €6,822 | €24,812 | ▲ 264% |
| Suppliers440/4 | - | - | - | €63,117 | €12,899 | €10,018 | €6,822 | €24,812 | ▲ 264% |
| Taxes, remuneration and social security45 | - | - | - | €8,780 | €3,728 | €129 | €0 | - | - |
| Taxes450/3 | - | - | - | €8,780 | €3,728 | €129 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €80,152 | €140,485 | €123,793 | €139,933 | €134,237 | ▼ 4.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,498 | €29 | €187 | €1,928 | €22,311 | €2,186 | -€13,777 | -€19,679 | ▼ 42.8% |
| + Depreciation and write-downs630 | €17,802 | €17,733 | €16,976 | €2,912 | €5,098 | €576 | €576 | €576 | = |
| Operating cash flow (approximation) | €25,300 | €17,763 | €17,162 | €4,840 | €27,409 | €2,762 | -€13,201 | -€19,103 | ▼ 44.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,440 | -€25,000 | €19,382 | €0 | €0 | - |
| Change in cash | - | -€15,455 | -€2,362 | €740 | -€753 | €2,861 | -€2,635 | €82 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-06-2026 | 2026-00167495 |
| 31-12-2024 | full format | 11-07-2025 | 2025-00257309 |
| 31-12-2023 | full format | 27-06-2024 | 2024-00168649 |
| 31-12-2022 | full format | 18-07-2023 | 2023-00243440 |
| 31-12-2021 | full format | 14-07-2022 | 2022-20183907 |
| 31-12-2020 | full format | 08-07-2021 | 2021-33700509 |
| 31-12-2019 | full format | 25-08-2020 | 2020-44700254 |
| 31-12-2018 | micro format | 09-07-2019 | 2019-31300009 |
| 31-12-2017 | micro format | 10-07-2018 | 2018-31300030 |
| 31-12-2016 | full format | 04-07-2017 | 2017-27000455 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Fabienne KÜPPER |
|
| Jean-Philippe KÜPPER |
|
Owners and capital
Capital and shareholders
- 30-11-2023 Converted to unavailable equity · €22,000
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
56.8%
According to the 2025 annual accounts of C.N. DIFFUSION and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
30-11
Gazette deed
Reappointments: Jean-Philippe KÜPPER (director) and Fabienne KÜPPER (director)Amendment of the articles · Capital conversion · Reserve release12 facts ▸
- General meeting
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression, fonds disponibles pour distribution” (deed in French)
- Capital
- Director reappointment, Jean-Philippe KÜPPER (director (not named in the articles))
- Director reappointment, Fabienne KÜPPER (director (not named in the articles))
- Director discharge, Jean-Philippe KÜPPER
- Director discharge, Fabienne KÜPPER
- Registered office clause, “unanimité, 4821 Dison-Andrimont,Chemin de Xhénorie,12” (deed in French)
- Other provision, “site internet et adresse électronique” (deed in French)
- Power of attorney, Fabienne KÜPPER
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63002A0087/00R000 | Wallonia | 2,233 m² | 1 · 651 m² | 5.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’acquisition par voie de souscription ou d’achat d’actions ou parts,d’obligations,de bons de caisse ou d’autres valeurs mobilières,quelle…” (deed in French)
8 activities (deed in French)
- L’acquisition par voie de souscription ou d’achat d’actions ou parts,d’obligations,de bons de caisse ou d’autres valeurs mobilières,quelle que soit leur nature,de sociétés belges ou étrangères,existantes ou à constituer,ainsi que la gestion de ces valeurs;
- L’octroi de prêts ou de crédits à des sociétés ou des personnes privées,sous quelque forme que ce soit;dans le cadre de cette activité,elle pourra se porter caution ou donner son aval et effectuer,au sens large,toutes opérations commerciales et financières à l’exception de celles réservées légalement aux organismes de dépôts et de dépôts à court terme,aux caisses d’épargne,aux sociétés hypothécaires et aux sociétés de capitalisation;
- L’activité de conseil en matière financière,technique,commerciale ou administrative,au sens large l’assistance et la fourniture de service,directement ou indirectement,dans le domaine administratif et financier,dans les ventes,la production et la gestion en général;
- L’intervention en tant qu’intermédiaire lors de la négociation pour la reprise partielle ou totale d’actions ou de parts;au sens le plus large,la participation à des opérations d’émission d’actions,de parts ou de titres à revenus fixes,par voie de souscription,de cautionnement,d’achat et vente ou autrement,ainsi que la réalisation de toutes opérations quelle que soit leur nature,en matière de gestion de portefeuille ou de capitaux;
- L’exercice de toutes missions d’administration et l’exercice de mandat et de fonction se rapportant directement ou indirectement à son objet social;
- La gestion et la valorisation d’un patrimoine immobilier,de valeurs et de participations ainsi que toutes opérations se rapportant directement ou indirectement à cet objet ou qui sont de nature à favoriser le rapport des biens immeubles,tels que l’entretien,le développement,l’embellissement et la location des biens;elle pourra également se porter caution des engagements contractés par des tiers qui auraient la jouissance des biens immeubles concernés;
- Le développement,l’achat,la vente,la concession comme preneur ou concédant de licences,de brevets,de savoir-faire et d’autres immobilisations incorporelles.La société pourra réaliser les opérations ci-dessus pour son compte personnel ou pour le compte de tiers,notamment comme commissionnaires,courtier,intermédiaire,agent ou mandataire.La société pourra fournir des garanties réelles ou personnelles au profit de sociétés ou entreprises dans laquelle elle est intéressée ou au profit de tiers moyennant rémunération;
- L’achat et la vente des produits suivants:lingerie et lingerie de santé,prêt-à-porter et accessoires,bandagisterie,produits pour le soin des pieds,accessoires de pédicurie,produits d'entretien de chaussures et articles de maroquinerie,produits cosmétiques,et tous produits annexes susceptibles de lui permettre le développement de ses activités.La société pourra également agir en tant qu’agent commercial,représentant,concessionnaire de marques et ou produits,délégué commercial,acheteur et/ou vendeur,en gros ou en détail de tous produits relatifs au bien-être des personnes,à la chaussure ainsi que tous leurs accessoires.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- C.N.DIFFUSION
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, tout endroit Région de Bruxelles-Capitale ou région de langue française de Belgique” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration Décision S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, un ou plusieurs administrateurs” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, papier et,à première demande actionnaire,électronique” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement nombre actions, agrément cession actions” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission nouvelles actions, droit au débiteur-gagiste” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “AG formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateur(s) en fonction si aucun autre désigné” (deed in French)