CDC INVEST
ActiveSummary
CDC INVEST has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €112,072 and a net result of €54,085. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 50% of 111 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability100▲+13
Solvency87▲+24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 2.64 against 1.6 in 2025; short-term debt: 37.9% and cash: 77.1% of total assets), and 37.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
62.1%
Return on assets
30%
Age of the figures
6 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year €112,072
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 18-09-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
43 d early
2025
168 d early
2024
49 d early
2023
42 d early
2022
4 d early
2021
184 d late
2020
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€112,072▲ 93.3%
2025 · €57,987
Total assets
€180,472▲ 17.2%
2025 · €154,051
Net result
€54,085▲ 78.6%
2025 · €30,290
Working capital
€112,072▲ 93.3%
2025 · €57,987
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€112,553-€4,071€44,394€36,254▼ 18.3%€56,482▲ 55.8%
Net result€109,289above the sector's middle half-€55,478below the sector's middle half€43,166above the sector's middle half€30,290within the sector's middle half▼ 29.8%€54,085▲ 78.6%
Equity€40,010within the sector's middle half-€15,469below the sector's middle half€27,697within the sector's middle half€57,987within the sector's middle half▲ 109%€112,072▲ 93.3%
Total assets€67,965within the sector's middle half▼ 94.8%€31,333below the sector's middle half▼ 53.9%€78,926within the sector's middle half▲ 152%€154,051within the sector's middle half▲ 95.2%€180,472▲ 17.2%
Debt€27,955▼ 98.0%€46,802▲ 67.4%€51,229▲ 9.5%€96,064▲ 87.5%€68,400▼ 28.8%
Working capital€40,010within the sector's middle half-€15,449below the sector's middle half€27,697within the sector's middle half€57,987within the sector's middle half▲ 109%€112,072▲ 93.3%
Solvency58.9%within the sector's middle half▲ 64.2pp-49.4%below the sector's middle half▼ 108.2pp35.1%within the sector's middle half▲ 84.5pp37.6%within the sector's middle half▲ 2.5pp62.1%▲ 24.5pp
Current ratio2.43within the sector's middle half▲ 1.480.67below the sector's middle half▼ 1.761.54within the sector's middle half▲ 0.871.60within the sector's middle half▲ 0.062.64▲ 1.03
Return on assets (ROA)160.8%above the sector's middle half▲ 164.0pp-177.1%below the sector's middle half▼ 337.9pp54.7%above the sector's middle half▲ 231.8pp19.7%within the sector's middle half▼ 35.0pp30.0%▲ 10.3pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 56% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €180,472
Equity
€112,072 ▲ 93.3%
Debt
€68,400 ▼ 28.8%
Debt's share of the balance-sheet total falls from 62.4% to 37.9%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.61▼
2025 · 1.66
ROE
48.3%▼
2025 · 52.2%
Debt ≤ 1 year
€68,400▼
2025 · €96,064
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1,244 | €1,037 | €1,351 | €615 | €635 | ▲ 3.2% |
| Non-recurring operating charges66A | €232 | - | - | - | €2,380 | - |
| Gross operating margin9900 | €114,029 | -€3,034 | €45,745 | €36,870 | €59,497 | ▲ 61.4% |
| Operating profit (loss)9901 | €112,553 | -€4,071 | €44,394 | €36,254 | €56,482 | ▲ 55.8% |
| Financial income75/76B | €130 | €275 | €0 | €133 | €1,286 | ▲ 870% |
| Recurring financial income75 | €130 | €275 | €0 | €133 | €1,286 | ▲ 870% |
| Financial charges65/66B | €3,394 | €772 | €1,228 | €6,097 | €3,683 | ▼ 39.6% |
| Recurring financial charges65 | €3,394 | €772 | €1,228 | €6,097 | €3,683 | ▼ 39.6% |
| Profit (loss) for the period before taxes9903 | €109,289 | -€4,568 | €43,166 | €30,290 | €54,085 | ▲ 78.6% |
| Income taxes67/77 | - | €50,911 | €0 | - | - | - |
| Profit (loss) for the period9904 | €109,289 | -€55,478 | €43,166 | €30,290 | €54,085 | ▲ 78.6% |
| Profit (loss) for the period to be appropriated9905 | €109,289 | -€55,478 | €43,166 | €30,290 | €54,085 | ▲ 78.6% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67,965 | €31,333 | €78,926 | €154,051 | €180,472 | ▲ 17.2% |
| Current assets29/58 | €67,965 | €31,333 | €78,926 | €154,051 | €180,472 | ▲ 17.2% |
| Amounts receivable within one year40/41 | €44,254 | €31,033 | €78,611 | €153,880 | €41,117 | ▼ 73.3% |
| Trade receivables40 | €3,481 | - | - | €750 | €350 | ▼ 53.3% |
| Other amounts receivable41 | €40,773 | €31,033 | €78,611 | €153,130 | €40,767 | ▼ 73.4% |
| Cash at bank and in hand54/58 | €23,711 | €300 | €316 | €171 | €139,143 | ▲ 81,270% |
| Deferred charges and accrued income490/1 | - | - | - | - | €212 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67,965 | €31,333 | €78,926 | €154,051 | €180,472 | ▲ 17.2% |
| Equity10/15 | €40,010 | -€15,469 | €27,697 | €57,987 | €112,072 | ▲ 93.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €21,410 | €1,860 | €9,097 | €39,387 | €93,472 | ▲ 137% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €19,550 | - | €9,097 | €39,387 | €93,472 | ▲ 137% |
| Profit (loss) carried forward14 | - | -€35,929 | €0 | - | - | - |
| Amounts payable17/49 | €27,955 | €46,802 | €51,229 | €96,064 | €68,400 | ▼ 28.8% |
| Amounts payable within one year42/48 | €27,955 | €46,782 | €51,229 | €96,064 | €68,400 | ▼ 28.8% |
| Current portion of amounts payable after more than one year42 | - | €38,350 | €0 | - | - | - |
| Trade debts44 | €2,590 | €125 | €168 | €212 | €572 | ▲ 170% |
| Suppliers440/4 | €2,590 | €125 | €168 | €212 | €572 | ▲ 170% |
| Advances received on contracts in progress46 | - | - | - | €908 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €2 | €574 | €506 | ▼ 11.8% |
| Taxes450/3 | - | - | €2 | €574 | €506 | ▼ 11.8% |
| Other amounts payable47/48 | €25,365 | €8,308 | €51,059 | €94,371 | €67,322 | ▼ 28.7% |
| Accrued charges and deferred income492/3 | - | €20 | €0 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €109,289 | -€55,478 | €43,166 | €30,290 | €54,085 | ▲ 78.6% |
| Operating cash flow (approximation) | €109,289 | -€55,478 | €43,166 | €30,290 | €54,085 | ▲ 78.6% |
| Change in cash | - | -€23,411 | €16 | -€145 | €138,972 | ▲ 96,042% |
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 2027, expected by
2026
18-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Equity above €100,000Eq €112,072 ▲93.3%
3 profitable years in a row build equity to €112,072.
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €43,166
Net result €43,166 after one loss-making year.
31-03
Financial
Liquidity doublescurrent ratio 1.54
Current ratio from 0.67 to 1.54.
2023
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet -€55,478
Net result drops to -€55,478, the lowest in the series; recovery starts the following year.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 184 days late
31-03
Financial
Back to profitnet €109,289
Net result €109,289 after 3 loss-making years.
31-03
Financial
Liquidity triplescurrent ratio 2.43
Current ratio from 0.95 to 2.43; short-term debt falls from €1.4m to €27,955.
Show earlier events
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2018
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Middelkerke · 1 establishment unit since 2011
Ground area
1,017 m²
Building footprint
940 m²
Volume, LiDAR
15,707 m³
2 parcels, Flanders · tallest building 27.0 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
CDC Invest
since 20112.195.247.877
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35011B0180/00R090 | Flanders | 853 m² | 1 · 853 m² | 26.9 m · 6 fl. |
| 35011B0077/00M002 | Flanders | 164 m² | 1 · 87 m² | 17.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 5,246 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
Founded16-12-2010
Fiscal year end31-03
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
68122Development of non-residential building projects
Contact
Phone
059/404040Middelkerke
E-invoicing
Reachable via Peppol
Peppol ID
0208:0832112025
Also
9925:BE0832112025
Registered
11-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.