CD2ML
ActiveSummary
CD2ML has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €76k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency40▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.12 in 2024; short-term debt: 85.4% and cash: 58.9% of total assets), and 85.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
14.6%
Return on assets
54.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 20%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
28 d late
2023
61 d late
2022
85 d late
2021
31 d late
2020
64 d early
2019
66 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€2k
EBIT margin
-1.5%
Net result
€76k▼ 3.0%
2024 · €79k
Working capital
€18k▼ 7.8%
2024 · €19k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€-2k€132k€134k▲ 1.7%€101k▼ 24.1%€101k▼ 0.5%
Net result€-2k€100k€87k▼ 12.9%€79k▼ 9.1%€76k▼ 3.0%
EBIT margin
Equity€38k▲ 38.3%€38k=€38k=€22k▼ 42.7%€21k▼ 4.8%
Total assets€71k▲ 58.1%€171k▲ 141%€151k▼ 11.9%€180k▲ 19.6%€141k▼ 21.7%
Debt€33k▲ 89.2%€133k▲ 304%€113k▼ 15.3%€159k▲ 40.6%€121k▼ 24.0%
Working capital€30k▲ 11.5%€31k▲ 1.8%€33k▲ 7.9%€19k▼ 42.7%€18k▼ 7.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141k
Fixed assets
€3k ▲ 19.0%
Current assets
€138k ▼ 22.2%
Equity and liabilities €141k
Equity
€21k ▼ 4.8%
Debt
€121k ▼ 24.0%
Debt's share of the balance-sheet total falls from 88.0% to 85.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€102k▼
2024 · €103k
Cash flow
€78k▼
2024 · €81k
Current ratio
1.15▲
2024 · 1.12
Debt to equity
5.84▼
2024 · 7.32
ROE
370.5%▲
2024 · 363.7%
ROA
54.1%▲
2024 · 43.7%
Interest coverage
36.95▼
2024 · 86.04
Debt ≤ 1 year
€121k▼
2024 · €159k
Income taxes
€22k▼
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €968 | €2k | €2k | €2k | €1k | ▼ 23.5% |
| Other operating charges640/8 | - | - | - | €10k | €7k | ▼ 30.9% |
| Non-recurring operating charges66A | - | - | - | - | €2k | - |
| Gross operating margin9900 | €-851 | €134k | €136k | €113k | €111k | ▼ 1.4% |
| Operating profit (loss)9901 | €-2k | €132k | €134k | €101k | €101k | ▼ 0.5% |
| Financial income75/76B | - | €6 | €55 | €2k | - | - |
| Recurring financial income75 | - | €6 | €55 | €2k | - | - |
| Financial charges65/66B | €50 | €971 | - | €1k | €3k | ▲ 131% |
| Recurring financial charges65 | €50 | €971 | - | €1k | €3k | ▲ 131% |
| Profit (loss) for the period before taxes9903 | €-2k | €131k | €134k | €102k | €98k | ▼ 3.6% |
| Income taxes67/77 | €47 | €31k | €47k | €23k | €22k | ▼ 5.8% |
| Profit (loss) for the period9904 | €-2k | €100k | €87k | €79k | €76k | ▼ 3.0% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €100k | €87k | €79k | €76k | ▼ 3.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71k | €171k | €151k | €180k | €141k | ▼ 21.7% |
| Fixed assets21/28 | €7k | €7k | €4k | €2k | €3k | ▲ 19.0% |
| Tangible fixed assets22/27 | €7k | €7k | €4k | €2k | €3k | ▲ 19.0% |
| Plant, machinery and equipment23 | €7k | €7k | €4k | €2k | €3k | ▲ 19.0% |
| Current assets29/58 | €63k | €164k | €146k | €178k | €138k | ▼ 22.2% |
| Amounts receivable within one year40/41 | €23k | €22k | €36k | €70k | €29k | ▼ 58.3% |
| Trade receivables40 | €22k | €13k | €27k | €50k | €29k | ▼ 42.1% |
| Other amounts receivable41 | €1k | €9k | €9k | €20k | €172 | ▼ 99.1% |
| Current investments50/53 | - | - | - | - | €24k | - |
| Cash at bank and in hand54/58 | €41k | €116k | €109k | €106k | €83k | ▼ 21.3% |
| Deferred charges and accrued income490/1 | - | €27k | €2k | €2k | €2k | ▼ 6.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71k | €171k | €151k | €180k | €141k | ▼ 21.7% |
| Equity10/15 | €38k | €38k | €38k | €22k | €21k | ▼ 4.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | - | - | - | - | - |
| Share premium1100/10 | €19k | - | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €17k | €17k | €17k | €1k | €177 | ▼ 85.4% |
| Amounts payable17/49 | €33k | €133k | €113k | €159k | €121k | ▼ 24.0% |
| Amounts payable within one year42/48 | €33k | €133k | €113k | €159k | €121k | ▼ 24.0% |
| Financial debts43 | - | - | - | - | €165 | - |
| Credit institutions430/8 | - | - | - | - | €165 | - |
| Trade debts44 | €7k | €12k | €3k | €2k | €2k | ▼ 7.8% |
| Suppliers440/4 | €7k | €12k | €3k | €2k | €2k | ▼ 7.8% |
| Taxes, remuneration and social security45 | €13k | €21k | €35k | €62k | €41k | ▼ 33.2% |
| Taxes450/3 | €11k | €21k | €35k | €60k | €41k | ▼ 30.8% |
| Remuneration and social security454/9 | €2k | €160 | - | €2k | - | - |
| Other amounts payable47/48 | €13k | €100k | €75k | €95k | €78k | ▼ 18.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €100k | €87k | €79k | €76k | ▼ 3.0% |
| + Depreciation and write-downs630 | €968 | €2k | €2k | €2k | €1k | ▼ 23.5% |
| Operating cash flow (approximation) | €-947 | €102k | €89k | €81k | €78k | ▼ 3.5% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €0 | €-2k | - |
| Change in cash | - | €75k | €-7k | €-3k | €-22k | ▼ 561% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
31-12
Financial
Back to profitnet €100k
Net result €100k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2018
Ground area
319 m²
Building footprint
71 m²
Volume, LiDAR
671 m³
Parcel 21683D0324/00C026, Brussels · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
«CD2ML »
since 20182.280.575.413
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0324/00C026 | Brussels | 319 m² | 1 · 71 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 30,871 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
82990Other business support services
85592Vocational training
Scores and ratios are computed by Checked and are not a credit decision.