Equity
€20,637 ▼ 4.8%
CD2ML paid out €77,500 in dividends. That is 101% of the 2025 profit.
CD2ML
Overview
Lifetime
8 annual accounts with figures on one time axispeak €136,198 (2023)
€111,411▼ 1.4%
lowest -€1,915 (2021)
€76,464▼ 3.0%
peak €37,844 (2021)
€20,637▼ 4.8%
€120,576▼ 24.0%
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Dividend €77,500Debts from €158,585 to €120,576
Key points
from the 2025 annual accountsTurnover
≈ €190,000 estimated
The micro format states no turnover.
Debts
€120,576 85% of the balance sheet
Financial debts 0%Suppliers 1%Taxes and wages 34%Other 64%
Filings
8 annual accounts 5 late
The 2022 accounts came latest: 85 days after the end of the period.
Starting capital
€18,600 100 shares
Position in the sector
14.6%
Lower solvency than 80% of companies in head offices and management consultancy. Sector median 55.5% · 41,211 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,715 companies had the same profile as CD2ML has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,715 companies, not a prediction for CD2ML. 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 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
Board and ownership
Manager
Manager
- founderdeed of 11-10-2018
- founderdeed of 11-10-2018
Recent changes
Amendment of the articles · Legal-form change · Resignations & appointments
General meeting of 27-11-2020 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0707934308
Purpose change
“La gestion logistique; La gestion de personnel; La recherche scientifique; La gestion d’investissement…” (deed in French) · General meeting of 08-03-2019 · Gazette deed
Publication in the Belgian Official Gazette
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CD2ML Woluwe-Saint-Pierre | €141,214 | €111,411 | 14.6% | - |
| Mister P. Woluwe-Saint-Pierre | €160,599 | €122,979 | 8.0% | - |
| Cartesia Capital Woluwe-Saint-Pierre | €174,105 | €103,823 | 11.8% | - |
| Société d’Etude Immobilière et de Recherche Architecturale Ixelles | €143,392 | €106,214 | 57.9% | - |
| Information Technology Léopold MBELO Woluwe-Saint-Lambert | €126,748 | €104,099 | 14.7% | - |
| ACLM Uccle | €160,340 | €107,513 | 1.9% | - |
| Dérard - Valmondier Belgium Ixelles | €141,900 | €103,553 | 64.5% | - |
These companies have the same main activity as CD2ML: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €127,000 and €174,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 09-10-2018Normal situation
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Establishment unit
- 2.280.575.4131150 Woluwe-Saint-Pierre, since 09-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- €111,411▼ 1.4%
- €76,464▼ 3.0%
- €20,637▼ 4.8%
- €141,214▼ 21.7%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on CD2ML
CD2ML files the micro format. That format states no turnover. The gross margin rose from -€35 in 2018 to €111,411 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-07-2026, 1 day before the deadline€111,411
▼ 1.4%
€100,919
▼ 0.5%
€102,362
▼ 0.9%
€77,907
▼ 3.5%
14.6%
▲ 2.6 percentage points
1.15
▲ 0.03
Money flows
no detail for 2025Balance sheet
balance sheet total €141,214 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
14.6%
Higher than 20% of 41,211 companies in 2025.
1.15
Higher than 30% of 39,782 companies in 2025.
54.1%
Higher than 89% of 40,303 companies in 2025.
CD2ML
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
141,214 | 180,258 | 150,673 | 170,997 | 70,823 | 44,787 | 8,587 | 6,766 | |
21/28 |
2,944 | 2,473 | 4,358 | 6,816 | 7,352 | - | - | - | |
22/27 |
2,944 | 2,473 | 4,358 | 6,816 | 7,352 | - | - | - | |
23 |
2,944 | 2,473 | 4,358 | 6,816 | 7,352 | - | - | - | |
29/58 |
138,270 | 177,784 | 146,316 | 164,181 | 63,471 | 44,787 | 8,587 | 6,766 | |
40/41 |
29,288 | 70,227 | 35,704 | 21,641 | 22,716 | 1,537 | - | - | |
40 |
29,116 | 50,274 | 26,729 | 12,666 | 21,590 | 411 | - | - | |
41 |
172 | 19,953 | 8,975 | 8,975 | 1,126 | 1,126 | - | - | |
50/53 |
24,000 | - | - | - | - | - | - | - | |
54/58 |
83,155 | 105,599 | 108,993 | 115,700 | 40,756 | 43,250 | 8,308 | 6,766 | |
490/1 |
1,826 | 1,959 | 1,619 | 26,840 | - | - | 279 | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
141,214 | 180,258 | 150,673 | 170,997 | 70,823 | 44,787 | 8,587 | 6,766 | |
10/15 |
20,637 | 21,673 | 37,844 | 37,844 | 37,844 | 27,359 | 5,641 | 6,162 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | |
11 |
- | - | - | - | 18,600 | 6,200 | - | - | |
1100/10 |
- | - | - | - | 18,600 | - | - | - | |
1109/19 |
- | - | - | - | - | 6,200 | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
130/1 |
- | - | - | - | 1,860 | 1,860 | - | - | |
1311 |
- | - | - | - | 1,860 | 1,860 | - | - | |
133 |
1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
14 |
177 | 1,213 | 17,384 | 17,384 | 17,384 | 19,299 | -559 | -38 | |
17/49 |
120,576 | 158,585 | 112,830 | 133,153 | 32,979 | 17,428 | 2,946 | 604 | |
42/48 |
120,576 | 158,585 | 112,830 | 133,153 | 32,979 | 17,428 | 2,946 | 604 | |
43 |
165 | - | - | - | - | - | - | - | |
430/8 |
165 | - | - | - | - | - | - | - | |
44 |
1,686 | 1,828 | 3,103 | 12,066 | 7,076 | 841 | 2,183 | 150 | |
440/4 |
1,686 | 1,828 | 3,103 | 12,066 | 7,076 | 841 | 2,183 | 150 | |
45 |
41,226 | 61,756 | 35,205 | 20,909 | 13,154 | 5,351 | 75 | 96 | |
450/3 |
41,226 | 59,558 | 35,205 | 20,749 | 11,101 | 5,351 | 75 | 96 | |
454/9 |
- | 2,198 | - | 160 | 2,053 | - | - | - | |
47/48 |
77,500 | 95,000 | 74,522 | 100,178 | 12,749 | 11,236 | 688 | 358 | |
| Income statement | |||||||||
70 |
- | - | - | - | - | - | - | 2,300 | |
9900 |
111,411 | 112,991 | 136,198 | 133,611 | -851 | 27,108 | -507 | -35 | |
60/61 |
- | - | - | - | - | - | - | 2,335 | |
630 |
1,442 | 1,884 | 2,459 | 2,052 | 968 | - | - | - | |
640/8 |
6,673 | 9,663 | - | - | - | - | - | - | |
66A |
2,376 | - | - | - | - | - | - | - | |
9901 |
100,919 | 101,444 | 133,739 | 131,560 | -1,819 | 27,108 | -507 | -35 | |
75/76B |
- | 1,602 | 55 | 6 | - | 1 | - | - | |
75 |
- | 1,602 | 55 | 6 | - | 1 | - | - | |
65/66B |
2,770 | 1,201 | - | 971 | 50 | 40 | 14 | 3 | |
65 |
2,770 | 1,201 | - | 971 | 50 | 40 | 14 | 3 | |
9903 |
98,149 | 101,845 | 133,795 | 130,595 | -1,869 | 27,069 | -521 | -38 | |
67/77 |
21,685 | 23,015 | 47,067 | 31,025 | 47 | 5,351 | - | - | |
9904 |
76,464 | 78,830 | 86,727 | 99,570 | -1,915 | 21,718 | -521 | -38 | |
9905 |
76,464 | 78,830 | 86,727 | 99,570 | -1,915 | 21,718 | -521 | -38 | |
| Appropriation of the result | |||||||||
9906 |
77,677 | 96,213 | 104,111 | 116,954 | 17,384 | 21,159 | -559 | -38 | |
14P |
1,213 | 17,384 | 17,384 | 17,384 | 19,299 | - | - | - | |
691/2 |
- | - | - | - | - | 1,860 | - | - | |
6920 |
- | - | - | - | - | 1,860 | - | - | |
694/7 |
77,500 | 95,000 | 86,727 | 99,570 | - | - | - | - | |
694 |
77,500 | 95,000 | 86,727 | 99,570 | - | - | - | - | |
| Document | |||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00354849 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00416946 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00480096 | |
| 31-12-2022 | micro format | 24-10-2023 | 2023-00500851 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20419658 | |
| 31-12-2020 | micro format | 28-05-2021 | 2021-15900259 | |
| 31-12-2019 | micro format | 26-05-2020 | 2020-13700265 | |
| 31-12-2018 | micro format | 13-08-2019 | 2019-45900355 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 102,362 | 103,328 | 136,198 | 133,611 | -851 | - | - | - | ||
| 77,907 | 80,714 | 89,186 | 101,622 | -947 | - | - | - | ||
| 1,913 | 0 | 0 | 1,516 | 8,320 | - | - | - | ||
| -22,443 | -3,395 | -6,707 | 74,945 | -2,494 | 34,942 | 1,542 | - | ||
| 17,694 | 19,200 | 33,486 | 31,027 | 30,492 | 27,359 | 5,641 | 6,162 | ||
| - | - | - | - | - | - | - | -1.5% | ||
| 14.6% | 12.0% | 25.1% | 22.1% | 53.4% | 61.1% | 65.7% | 91.1% | ||
| 1.15 | 1.12 | 1.30 | 1.23 | 1.92 | 2.57 | 2.91 | 11.20 | ||
| 5.84 | 7.32 | 2.98 | 3.52 | 0.87 | 0.64 | 0.52 | 0.10 | ||
| 370.5% | 363.7% | 229.2% | 263.1% | -5.1% | 79.4% | -9.2% | -0.6% | ||
| 54.1% | 43.7% | 57.6% | 58.2% | -2.7% | 48.5% | -6.1% | -0.6% | ||
| 36.95 | 86.04 | - | over 100 | -17.16 | - | - | - | ||
| - | - | - | - | - | - | - | 23 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,913 | - | - | €1,516 | €8,320 |
| €1,442 | €1,884 | €2,459 | €2,052 | €968 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CD2ML
The operating result for 2025 is 1% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 88.0% to 85.4%. Equity and debt are lower.
Board & ownership
Board
2 directors, since incorporationManager (not named in the articles)
appointed by deed of 11-10-2018
term without a fixed end
listed in the 2025 annual accounts, filed on 30-07-2026
Manager (not named in the articles)
appointed by deed of 11-10-2018
listed in the 2025 annual accounts, filed on 30-07-2026
Mandates through the years
2 names, the dashed line is todayManager (not named in the articles)
Manager (not named in the articles)
Board
Mandates as a list
-
- Manager (not named in the articles), appointed by deed of 11-10-2018, still in office
-
- Manager (not named in the articles), appointed by deed of 11-10-2018, still in office
Control
Founders
,
This company
CD2ML
Equity €20,637
Profit €76,464 in 2025
Capital
- Contribution
- €18,600
- Shares
- 100
- Contribution per share
- €186
- Equity per share
- €206 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 25-02-2021 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Rémunération des administrateurs, fixe ou proportionnelle”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of May at 18:00
Founders
At incorporation
deed of 11-10-2018 ↗
- founder
- founder
Capital transactions
Capital over time
- 25-02-2021 Converted to unavailable equity
- 11-10-2018 Incorporation · €18,600 · 100 shares
Network & group
No group
CD2ML has no parent and no holdings in its annual accounts.
Earlier ties
via , no longer at · Permanent representative · deed of 03-02-2021 founded in 1995 |
total assets €4.24bn (2025) |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
17 events since 2018Board
Filings
Financial
Establishments
Other
20182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 1 day before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 28 days late
2024
Annual accounts 2023 filed PDFmicro format · 61 days late
2023
Annual accounts 2022 filed PDFmicro format · 85 days late
2022
Back to profit net €99,570 The net result is €99,570, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Weakest financial year net -€1,915 The net result drops to -€1,915, the lowest from 2018 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 64 days before the deadline
Amendment of the articles · Legal-form change · Resignations & appointmentsGeneral meeting of 27-11-20201 point ▸
- General meeting, 27-11-2020
- The deed holds 3 more points.
2020
Back to profit net €21,718 The net result is €21,718, after 2 loss-making years.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0707934308
Annual accounts 2019 filed PDFmicro format · 66 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 13 days late
Purpose change“La gestion logistique; La gestion de personnel; La recherche scientifique; La gestion d’investissement…” (deed in French) · General meeting of 08-03-20192 points ▸
- General meeting, 08-03-2019
- Net-asset statement, 31-12-2018
- The deed holds 3 more points.
2018
Publication in the Belgian Official Gazette PDF
IncorporationFounding capital of €18,600, 100 shares, €6,200 paid up · Founders: and · Appointments: (manager) and (manager) · published on 11-10-20186 points ▸
- Founder,
- Founder,
- Founding capital, €18,600, 100 shares
- Board rule, 2
- Director appointment, (manager (not named in the articles))
- Director appointment, (manager (not named in the articles))
- The deed holds 3 more points.
First establishment Joseph Van Genegenlaan 7, Woluwe-Saint-Pierre
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0707.934.308
- VAT number
- BE 0707.934.308
- Peppol ID
- 0208:0707934308
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-10-2018
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of May at 18:00deed of 25-02-2021 (in French)
- Peppol
- Reachable since 20-11-2020Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CD2ML in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-02-2021 (in French)
- Name clauseThe company operates under this name according to its articles.
- CD2MLdeed of 25-02-2021 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 25-02-2021 (in French)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
85592
Vocational training
Codes under NACEBEL 2008
70220
Business consulting main activity
62020
IT consultancy
62090
Computer programming, consultancy and related activities
82990
Other business support services
85592
Vocational training
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La gestion logistique; La gestion de personnel; La recherche scientifique; La gestion d’investissement; L’analyse de marchés; Les fusions /…”deed of 25-02-2021 (in French)
40 activities
- La gestion logistique
- La gestion de personnel
- La recherche scientifique
- La gestion d’investissement
- L’analyse de marchés
- Les fusions / acquisitions de sociétés (ou parts de sociétés)
- Les études & analyses économiques et financières
- L’acceptation et la pratique de mandats de gestions de sociétés, organisations, et relations de collaboration
- La prise de participation dans des sociétés associées, avec ou sans lien avec les présents statuts
- La gestion de portefeuilles de participations
- La gestion de portefeuilles d’investissement comprenant divers produits d’investissement mobiliers d’origine belge et étrangère, dans la mesure où aucune restriction légale n’a été imposée
- L'organisation et le fonctionnement des foires, congrès
- Créer, produire et exploiter de la littérature professionnelle, des sites Internet, des forums Internet,…
- Le conseil pour les affaires et autres conseils de gestion.
- Toutes autres activités de soutien aux entreprises n.c.a.
- La consultance, le développement, la recherche, l’étude des marchés et toutes les opérations qui ont un rapport direct ou indirect avec les technologies de l’information, gestion de donnée, les biotechnologies, dispositifs médicaux et les soins de santé.
- Toute forme d’enseignement, activités récréatives et de loisirs.
- Rédaction d’ouvrages divers.
- L’organisation de séminaires
- Management consultancy
- Business consultancy
- Strategic consultancy
- Business plan development
- Start-up advisory
- Teaching activities
- Scientific and medical writing
- Interim management
- Management services
- Administrateur de société
- Intermédiaire de commerce en produits divers
- Gestion logistique
- Gestion de personnel
- Recherche scientifique
- Gestion d’investissement
- Analyse de marchés
- Études et analyses économiques et financières
- L’acceptation et la pratique de mandats de gestion de sociétés, organisation et relations de collaboration
- Société patrimoniale détenant des actifs mobiliers et/ou immobiliers.
- Toute activité immobilière (achat, vente, division, gestion, courtage,…)
- La société a également pour objet: L’achat, l’échange, la vente, la prise en location et en sous-location, ainsi que la cession en location et en sous-location, le tout avec ou sans option d’achat, l’exploitation et l’entretien de maisons, appartements, bureaux, magasins, fonds de commerce, terrains, terres et domaines, et de manière générale, de tous biens immobiliers, ainsi que toutes opérations de financement.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Joseph Van Genegenlaan 7 registered office 1150 Woluwe-Saint-Pierre | 09-10-2018 | 2.280.575.413 |
Buildings and parcels at the address
- Ground area
- 319 m²
- Buildings
- 71 m²
- Volume, LiDAR
- 671 m³
- Tallest building
- 12.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21683D0324/00C026 | 319 m² | 1 · 71 m² | 12.6 m · 3 |