CD ENGINEERING
ActiveFrom the official registers: KBO 26 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
CD ENGINEERING has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €250,245. Equity has been growing by about 29% per year since 2019. Its solvency ranks better than 86% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 09-06-1999 Normal situation
- Activity
- General electrical installation work NACE 43211
- Establishment units
- 2.091.642.573 1630 Linkebeek, since 15-07-1999
- 2.199.357.709 1050 Elsene, since 01-06-2011
- Financial year end
- 30 June
- Peppol
- Reachable since 20-11-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €527,882
- ▲ 0.1%
- Turnover
- ≈ €1.2m
- estimated
- Profit
- €250,245
- ▼ 1.2%
- Equity
- €1.1m
- ▲ 30.3%
- Total assets
- €1.4m
- ▲ 19.5%
- Staff
- 3.8 FTE
- ▲ 31.0%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 5.23, cash €765,572Equity €1.1m (77.5% of total assets)Founded in 1999Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (NACE 43, micro). It does better than 90% of them on solvency, 92% on liquidity, 77% on profitability and 75% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 10 days after the deadline Filed on 10 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00038370.
Annual accounts 2025 filed on 10-02-2026 PDF all 26 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 4% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
- 2022 Net result +319% on 2021. The accounts now follow the abbreviated format, last year the micro format.
Comparable companies
These companies have the same main activity as CD ENGINEERING: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.1m and €1.6m, founded between 1987 and 2004.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| CD ENGINEERING Linkebeek | 1999 | €1.4m | €1.1m | €0.5m | - | €0.3m | 3.8 | 2025 |
| AZIMUT TELECOM Herve | 2002 | €1.5m | €1.3m | €0.7m | - | €0.3m | 4.1 | 2025 |
| ALL-TECH JVD Kampenhout | 2004 | €1.5m | €1.1m | €0.6m | - | €0.1m | 5 | 2025 |
| ELKO DEBILDE Halle | 1991 | €1.1m | €0.9m | €0.5m | - | €0.1m | 4.3 | 2025 |
| Horsepower Europe Asse | 1992 | €1.6m | €0.8m | €0.7m | - | €0.04m | 4.9 | 2026 |
| TELELINK Scherpenheuvel-Zichem | 1997 | €1.5m | €0.8m | €0.5m | €1.5m | €0.01m | 6 | 2025 |
| SPANS Overijse | 1987 | €1.3m | €0.7m | €0.5m | - | €0.1m | 4.7 | 2024 |
They were chosen from the 10,240 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as CD ENGINEERING has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CD ENGINEERING itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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.
| 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 31,368 companies, not a prediction for CD ENGINEERING. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,607 | €114 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €93,905 | €95,653 | €150,395 | €163,452 | ▲ 8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,938 | €8,134 | €8,496 | €9,980 | €14,079 | €8,565 | €6,418 | ▼ 25.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | -€212 | - | - |
| Other operating charges640/8 | - | - | - | €488 | €2,423 | €271 | €4,854 | ▲ 18× |
| Gross operating margin9900 | €190,005 | €202,434 | €220,483 | €297,417 | €313,363 | €527,556 | €527,882 | ▲ 0.1% |
| Operating profit (loss)9901 | €52,105 | €66,339 | €68,312 | €193,043 | €201,209 | €368,537 | €353,159 | ▼ 4.2% |
| Financial income75/76B | - | - | - | €1,136 | €1,583 | €6,503 | €19,040 | ▲ 193% |
| Recurring financial income75 | €3,141 | €1,440 | €2,551 | €1,136 | €1,583 | €6,503 | €19,040 | ▲ 193% |
| Financial charges65/66B | - | - | - | €461 | €2,785 | €729 | €183 | ▼ 74.9% |
| Recurring financial charges65 | €1,167 | €516 | €1,335 | €461 | €2,785 | €729 | €183 | ▼ 74.9% |
| Profit (loss) for the period before taxes9903 | €53,975 | €66,899 | €69,527 | €193,718 | €200,008 | €374,311 | €372,016 | ▼ 0.6% |
| Income taxes67/77 | €15,513 | €6,679 | €37,338 | €58,882 | €62,875 | €120,919 | €121,771 | ▲ 0.7% |
| Profit (loss) for the period9904 | €38,461 | €60,219 | €32,189 | €134,836 | €137,133 | €253,392 | €250,245 | ▼ 1.2% |
| Profit (loss) for the period to be appropriated9905 | €38,461 | €60,219 | €32,189 | €134,836 | €137,133 | €253,392 | €250,245 | ▼ 1.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.5m | €0.4m | €0.5m | €0.7m | €0.9m | €1.2m | €1.4m | ▲ 19.5% |
| Fixed assets21/28 | €0.09m | €0.08m | €0.08m | €0.1m | €0.08m | €0.06m | €0.05m | ▼ 8.8% |
| Intangible fixed assets21 | €0.001m | €0.002m | €0.001m | €0.02m | €0.02m | - | - | - |
| Tangible fixed assets22/27 | €0.08m | €0.08m | €0.08m | €0.07m | €0.07m | €0.06m | €0.05m | ▼ 8.8% |
| Land and buildings22 | - | - | - | €0.06m | €0.06m | €0.06m | €0.05m | ▼ 7.7% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.001m | €0.001m | €0.001m | ▲ 23.5% |
| Furniture and vehicles24 | - | - | - | €0.007m | €0.006m | €0.002m | €0.001m | ▼ 61.8% |
| Financial fixed assets28 | €180 | €180 | €180 | €180 | €180 | €180 | €180 | = |
| Current assets29/58 | €0.4m | €0.3m | €0.4m | €0.6m | €0.8m | €1.1m | €1.3m | ▲ 21.0% |
| Amounts receivable within one year40/41 | €0.03m | €0.05m | €0.05m | €0.06m | €0.05m | €0.04m | €0.2m | ▲ 377% |
| Trade receivables40 | - | - | - | €0.02m | €0.02m | €0.02m | €0.2m | ▲ 662% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.04m | €0.02m | €0.008m | ▼ 47.3% |
| Current investments50/53 | - | - | - | - | - | - | €0.4m | - |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.4m | €0.5m | €0.7m | €1.0m | €0.8m | ▼ 25.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €0.02m | €0.03m | €0.02m | ▼ 29.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.5m | €0.4m | €0.5m | €0.7m | €0.9m | €1.2m | €1.4m | ▲ 19.5% |
| Equity10/15 | €0.2m | €0.3m | €0.3m | €0.5m | €0.6m | €0.8m | €1.1m | ▲ 30.3% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.3m | €0.3m | €0.5m | €0.6m | €0.8m | €1.1m | ▲ 31.0% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - |
| Distributable reserves133 | - | - | - | €0.5m | €0.6m | €0.8m | €1.1m | ▲ 31.0% |
| Amounts payable17/49 | €0.2m | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 7.0% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 12.5% |
| Trade debts44 | €0.07m | €0.06m | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 30.4% |
| Suppliers440/4 | - | - | - | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 30.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.08m | €0.09m | €0.2m | €0.2m | ▲ 5.6% |
| Taxes450/3 | - | - | - | €0.07m | €0.08m | €0.1m | €0.1m | = |
| Remuneration and social security454/9 | - | - | - | €0.009m | €0.01m | €0.02m | €0.03m | ▲ 46.7% |
| Other amounts payable47/48 | - | - | - | - | - | €0.005m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.07m | €0.04m | €0.06m | ▲ 29.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,461 | €60,219 | €32,189 | €134,836 | €137,133 | €253,392 | €250,245 | ▼ 1.2% |
| + Depreciation and write-downs630 | €7,938 | €8,134 | €8,496 | €9,980 | €14,079 | €8,565 | €6,418 | ▼ 25.1% |
| Operating cash flow (approximation) | €46,400 | €68,354 | €40,685 | €144,816 | €151,211 | €261,958 | €256,662 | ▼ 2.0% |
| Investment in fixed assets (approximation) | - | -€1,700 | -€7,235 | -€27,687 | -€2,725 | €17,587 | -€1,286 | - |
| Change in cash | - | €49,822 | €81,794 | €186,486 | €187,492 | €295,732 | -€267,526 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 10-02-2026 | 2026-00038370 | |
| 30-06-2024 | abbreviated format | 31-01-2025 | 2025-00025255 | |
| 30-06-2023 | abbreviated format | 31-01-2024 | 2024-00024348 | |
| 30-06-2022 | abbreviated format | 31-01-2023 | 2023-00022098 | |
| 30-06-2021 | micro format | 18-02-2022 | 2022-05900188 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-04300288 | |
| 30-06-2019 | micro format | 31-03-2020 | 2020-08500121 | |
| 30-06-2018 | micro format | 28-02-2019 | 2019-06500213 | |
| 30-06-2017 | micro format | 31-01-2018 | 2018-04300444 | |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-04000215 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 21-02-2024 Capital stated in the deed · 750 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| COOYMANS Didier |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking, 1”
Capital, shares and profit
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen, voor in pand gegeven aandelen komt voorkeurrecht toe aan eigenaar-pandgever”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Algemene vergadering beraadslagend zoals voor statutenwijziging”“Vormen vereist voor statutenwijziging, op elk moment”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd”
Articles of association, deed of 21-02-2024 (in Dutch)
Network & group
CD ENGINEERING shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of CD ENGINEERING. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
21-02
Gazette deed
Resignation: COOYMANS Didier (manager)Appointment: COOYMANS Didier (director) · Capital conversion · Reserve release11 points ▸
- General meeting, 06-02-2024
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
- Capital conversion, “artikel 39,§2,tweede lid van de wet van 23-03-2019 tot invoering van het Wetboek van vennootschappen en verenigingen en houdende diverse bepalingen, eigen ve…” (deed in Dutch)
- Reserve release, “statutair onbeschikbare eigen vermogensrekening opheffen en middelen beschikbaar maken voor uitkering, artikel 39,§2,tweede lid van de wet van 23-03-2019” (deed in Dutch)
- Director resignation, COOYMANS Didier (manager)
- Director appointment, COOYMANS Didier (director (not named in the articles))
- Director discharge, COOYMANS Didier (manager)
- Registered office clause, “1630 Linkebeek,Alsembergsesteenweg 95” (deed in Dutch)
- Amendment of the articles
- Capital
- Other provision, “afsluiting vergadering, eenparigheid van stemmen” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20259 activities
- Alle elektriciteitswerken,alsook het herinrichten van bestaande gebouwen,het uitvoeren van diverse karweiwerken,het aan- en verkopen van materialen hiervoor
- Het plaatsen van alarm- en beveiligingstoestellen,van toestellen gebruikt in een alarm-of beveiligingsysteem
- Het plaatsen van materieel voor het overseinen met draaggolf voor industriële elektronica en van materieel voor het aanwenden van zwakstroom
- Het plaatsen van telefooninstallaties,radio-en televisieontvangsttoestellen,alsmede van de onderdelen ervan
- Het plaatsen van televisieantennes
- Het monteren en plaatsen van informaticamaterieel
- Het plaatsen van elektrische verwarmingsinstallaties
- Installatiemateriaal voor huishoudelijk gebruik en verwarmingsinstallaties
- Kleinhandel in verlichtingsartikelen
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0466.206.051
Financial year and general meeting
Accounts at the NBBSites & property
2 establishment units
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21009A0769/00S002 | Brussels | 3,724 m² | 1 · 1,306 m² | 99.0 m · 27 |
| 22003A0088/00G000 | Flanders | 3,346 m² | 1 · 1,138 m² | 24.0 m · 7 |