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CD

Active Private limited companyfounded 1968active for 58 yearsWarande 2, 2360 Oud-TurnhoutKBO/BCE: BE 0403.771.309

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €483,503 (2021)
€450,655▲ 187%
lowest -€21,687 (2018)
€253,691▲ 313%
peak €970,824 (2025)
€970,824▲ 34.7%
€562,638▲ 166%
Board3 names since 2008
2 directorsCORNELISSEN Patrick and 1 other
Documentsfilings and deeds
04-06-202657 days before the deadline
2025abbreviated format
Gross margin from €157,146 to €450,655Result from €61,477 to €253,691Dividend €3,388Equity from €720,520 to €970,824Debts from €211,617 to €562,638Investments €236,823

Key points

from the 2025 annual accounts

Equity

€970,824 ▲ 34.7%

CD has made a profit without a break since 2019.

Result

€253,691 ▲ 313%
€61,5002024€254,0002025

The result rose in 2025 from €61,477 to €253,691.

Turnover

≈ €1.1m estimated

The abbreviated format states no turnover.

Debts

€562,638 ▲ 166%
Financial debts
+184,107
Taxes and wages
+85,611
Suppliers
+11,373
The rest
+69,930

Debts rose by €351,021 in 2025.

Investments

€259,470 5.6 × depreciation
2021202220232025

Green is investment, beige is depreciation. Land and buildings stand 24.7% higher than in 2024.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 47 to 57 days before the end of the period.

Checked score

96
Excellent
Financially stronger than 71% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

88-12equity 63.0% of total assets
83+28short-term debt 13.5% · cash 28.4%
89+12return on assets 16.5%

Score breakdown

raises risk
No main activity registered
lowers risk
Size: total assets €1.5m
Liquidity: current ratio 2.84, cash €437,961
Equity €970,824 (63.0% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 53% of them on solvency, 75% on liquidity, 72% on profitability and 83% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as CD has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of CD itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for CD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €90,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.84 (4.36 in 2024), above the usual 1.5. Short-term debt is 13.5% and cash 28.4% of total assets. 37% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.84, cash €437,961
NBB · annual accounts
raises risk · No main activity registered
KBO
lowers risk · Equity €970,824 (63.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
57 days early
2024
50 days early
2023
50 days early
2022
47 days early
2021
53 days early
2020
57 days early
2019
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 52 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CP
Director, since 11-12-2023
CV
Director, since 11-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0403771309
2 directors resigning, 2 reappointments Resignations: CORNELISSEN Patrick and CORNELISSEN Véronique · Reappointments: CORNELISSEN Patrick (director) and CORNELISSEN Véronique (director) · “Het tussenkmen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer het uitoefenen…” (deed in Dutch) · General meeting of 11-12-2023 · Gazette deed
Registered office moved within Oud-Turnhout New registered office: Warande 2 2360 Oud-Turnhout · Previous registered office: BOSRAND 21, 2360 OUD-TURNHOUT · Resignation: Cornelissen Ingrid (director) · General meeting of 14-07-2022 · Gazette deed
Establishment taken over Warande 2, Oud-Turnhout · in the KBO since 1939
All 61 events

Official details

Source: KBO
Status
ActiveNormal situation
Activity
“Het tussenkmen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
Establishment unit
2.003.278.2462360 Oud-Turnhout, since 01-02-1939
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€1.5m▲ 63.7%
Filing
Filed on 04-06-2026, 57 days before the end of the filing period
Financials

Insights on CD

CD files the abbreviated format. That format states no turnover. The gross margin rose from €103,321 in 2006 to €450,655 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CD

What is the company number of CD?
The company number of CD is 0403.771.309. The VAT number is the same number with BE in front: BE 0403.771.309.
Where is CD based?
The registered office is at Warande 2, 2360 Oud-Turnhout.Company details
What is the legal form of CD?
CD is a private limited company (BV).
When was CD founded?
CD was founded on 01-01-1968.
Is CD still active?
Yes, CD is an active enterprise in the KBO register.
What is the turnover of CD?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €450,655 and 2,275 comparable companies of the same size. It probably lies between €640,000 and €1.8m. It is a rough estimate.Financials
Is CD profitable?
In financial year 2025, CD made a profit of €253,691.
Where can I find the annual accounts of CD?
CD filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CD due?
CD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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