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CDCO

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Private limited companyfounded 2010active for 15 yearsVennebosstraat 6, 2970 Schilde, BelgiumKBO/BCE: BE 0831.253.574

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 01-06-2026 PDF all 15 filings

Turnover
≈ €270,000
Estimated: probably between €210,000 and €370,000
Total assets
€1.3m▼ 2.6%
2024 · €1.3m
Net result
€97,970▼ 19.2%
2024 · €121,297
Working capital
-€100,945▼ 125%
2024 · -€44,838
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 3% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Operating result€0.2m 2025 Net result€0.1m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). 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 and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.001m-€0.2m▲ 114×€0.1m▼ 16.3%€0.2m▲ 24.9%€0.1m▼ 15.8%€0.1m▼ 18.1%€0.2m▲ 41.6%€0.2m▲ 3.4%
Net result-€0.001m-€0.1m€0.08mwithin the sector's middle half▼ 14.1%€0.1mwithin the sector's middle half▲ 27.6%€0.09mwithin the sector's middle half▼ 13.7%€0.06mwithin the sector's middle half▼ 33.1%€0.1mwithin the sector's middle half▲ 96.1%€0.1mwithin the sector's middle half▼ 19.2%
Equity€0.01m-€0.1m▲ 858%€0.4mwithin the sector's middle half▲ 249%€0.5mwithin the sector's middle half▲ 18.3%€0.5mwithin the sector's middle half▲ 20.5%€0.6mwithin the sector's middle half▲ 11.4%€0.7mwithin the sector's middle half▲ 16.7%€0.8mwithin the sector's middle half▲ 8.9%
Total assets€1.0m-€0.8m▼ 18.2%€1.2mwithin the sector's middle half▲ 44.8%€1.2mwithin the sector's middle half▼ 3.2%€1.1mwithin the sector's middle half▼ 2.2%€1.3mwithin the sector's middle half▲ 15.6%€1.3mwithin the sector's middle half▼ 2.2%€1.3mwithin the sector's middle half▼ 2.6%
Debt€1.0m-€0.7m▼ 28.1%€0.8m▲ 14.2%€0.7m▼ 13.1%€0.6m▼ 16.4%€0.7m▲ 19.5%€0.6m▼ 18.1%€0.5m▼ 16.4%
Working capital-€0.1m--€0.1m▲ 0.2%-€0.1mbelow the sector's middle half▼ 19.7%€0.07mwithin the sector's middle half€0.05mwithin the sector's middle half▼ 24.9%-€0.03mwithin the sector's middle half-€0.04mwithin the sector's middle half▼ 48.2%-€0.1mbelow the sector's middle half▼ 125%
Solvency1.1%-13.1%▲ 11.9pp31.4%within the sector's middle half▲ 18.4pp38.4%within the sector's middle half▲ 7.0pp47.4%within the sector's middle half▲ 8.9pp45.6%within the sector's middle half▼ 1.7pp54.4%within the sector's middle half▲ 8.8pp60.9%within the sector's middle half▲ 6.4pp
Current ratio0.09-0.19▲ 0.100.07below the sector's middle half▼ 0.121.46within the sector's middle half▲ 1.391.37within the sector's middle half▼ 0.090.82within the sector's middle half▼ 0.540.72within the sector's middle half▼ 0.110.44below the sector's middle half▼ 0.28
Return on assets (ROA)-0.1%-11.7%▲ 11.8pp6.9%within the sector's middle half▼ 4.8pp9.1%within the sector's middle half▲ 2.2pp8.1%within the sector's middle half▼ 1.1pp4.7%within the sector's middle half▼ 3.4pp9.4%within the sector's middle half▲ 4.7pp7.8%within the sector's middle half▼ 1.6pp
above within below The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). 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.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets €1.2m ▲ 0.1%
Current assets €79,765 ▼ 30.4%
Equity and liabilities €1.3m
Equity €769,158 ▲ 8.9%
Debt €493,954 ▼ 16.4%
Debt's share of the balance-sheet total falls from 45.6% to 39.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€175,430▲
2024 · €169,415
Cash flow
€108,246▼
2024 · €130,957
Debt to equity
0.64▼
2024 · 0.84
ROE
12.7%▼
2024 · 17.2%
Interest coverage
9.30▼
2024 · 10.91
Debt ≤ 1 year
€180,710▲
2024 · €159,461
Debt > 1 year
€309,599▼
2024 · €428,379
Income taxes
€49,126▲
2024 · €48,060
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item20212022202320242025
Debts secured on the company's own assets€493,489€410,847€525,261€434,397€342,434
Mortgages, amount registered--€25,000€25,000€25,000
Mortgage mandates--€286,000€286,000€286,000
Carrying value of the mortgaged assets--€213,829€205,129€196,429
Pledge on other assets, amount secured€750,000€750,000€750,000€750,000€750,000
Carrying value of the other pledged assets€960,000€960,000€960,000€960,000€960,000

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets--€225,853€8,124€12,418
Financial fixed assets--€1,200--
Depreciation and write-downs of the year€272€272€4,012€9,660€10,276

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.3m▼
Fixed assets21/28€1.2m€1.2m▲
Tangible fixed assets22/27€0.2m€0.2m▲
Land and buildings22€0.2m€0.2m▼
Plant, machinery and equipment23€356€234▼
Furniture and vehicles24€0.004m€0.004m▼
Other tangible fixed assets26€0.01m€0.02m▲
Financial fixed assets28€1.0m€1.0m▼
Current assets29/58€0.1m€0.08m▼
Amounts receivable after more than one year29€0.06m€0.03m▼
Other amounts receivable291€0.06m€0.03m▼
Amounts receivable within one year40/41€0.04m€0.04m▲
Other amounts receivable41€0.04m€0.04m▲
Cash at bank and in hand54/58€0.01m€0.01m▼
Deferred charges and accrued income490/1-€0.004m
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m▼
Equity10/15€0.7m€0.8m▲
Contributions10/11€0.02m€0.02m=
Revaluation surpluses12€0.2m€0.2m=
Reserves13€0.5m€0.6m▲
Tax-exempt reserves132€0.02m€0.06m▲
Distributable reserves133€0.5m€0.5m▲
Profit (loss) carried forward14€0.001m€0.002m▲
Amounts payable17/49€0.6m€0.5m▼
Amounts payable after more than one year17€0.4m€0.3m▼
Financial debts170/4€0.4m€0.3m▼
Amounts payable within one year42/48€0.2m€0.2m▲
Current portion of amounts payable after more than one year42€0.1m€0.1m▲
Trade debts44€0.001m€0.002m▲
Suppliers440/4€0.001m€0.002m▲
Taxes, remuneration and social security45€0.007m€0.006m▼
Taxes450/3€0.007m€0.006m▼
Other amounts payable47/48€0.02m€0.04m▲
Accrued charges and deferred income492/3€0.003m€0.004m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.01m▲
Other operating charges640/8€0.003m€0.002m▼
Gross operating margin9900€0.2m€0.2m▲
Operating profit (loss)9901€0.2m€0.2m▲
Financial income75/76B€0.03m€0.001m▼
Recurring financial income75€0.03m€0.001m▼
Financial charges65/66B€0.02m€0.02m▲
Recurring financial charges65€0.02m€0.02m▲
Profit (loss) for the period before taxes9903€0.2m€0.1m▼
Income taxes67/77€0.05m€0.05m▲
Profit (loss) for the period9904€0.1m€0.1m▼
Transfer to tax-exempt reserves689€0.02m€0.05m▲
Profit (loss) for the period to be appropriated9905€0.1m€0.05m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.05m▼
Profit (loss) brought forward from the previous period14P€0.001m€0.001m▼
Transfer from equity791/2€0.02m€0.04m▲
Transfer to equity691/2€0.1m€0.05m▼
To other reserves6921€0.1m€0.05m▼
Profit to be distributed694/7€0.02m€0.04m▲
Return on contributions (dividend)694€0.02m€0.04m▲

The notes to these accounts have 20 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 01-06-2026.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€206€272€272€4,012€9,660€10,276▲ 6.4%
Other operating charges640/8---€227€510€28,413€2,594€1,597▼ 38.4%
Gross operating margin9900€1,755€156,422€131,230€163,925€138,429€145,214€172,009€177,027▲ 2.9%
Operating profit (loss)9901€1,368€156,252€130,852€163,426€137,647€112,789€159,755€165,154▲ 3.4%
Financial income75/76B---€251€1,786€1,492€25,126€796▼ 96.8%
Recurring financial income75-€0€9€251€1,786€1,492€25,126€796▼ 96.8%
Financial charges65/66B---€10,891€9,977€14,768€15,524€18,854▲ 21.4%
Recurring financial charges65€2,629€9,668€10,408€10,891€9,977€14,768€15,524€18,854▲ 21.4%
Profit (loss) for the period before taxes9903-€1,262€146,584€120,452€152,786€129,456€99,513€169,357€147,096▼ 13.1%
Income taxes67/77€60€48,752€36,420€45,578€36,913€37,644€48,060€49,126▲ 2.2%
Profit (loss) for the period9904-€1,321€97,832€84,033€107,208€92,543€61,869€121,297€97,970▼ 19.2%
Transfer to tax-exempt reserves689------€16,840€46,310▲ 175%
Profit (loss) for the period to be appropriated9905-€1,321€83,592€84,033€107,208€92,543€61,869€104,457€51,660▼ 50.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.0m€0.8m€1.2m€1.2m€1.1m€1.3m€1.3m€1.3m▼ 2.6%
Fixed assets21/28€1.0m€0.8m€1.2m€1.0m€1.0m€1.2m€1.2m€1.2m▲ 0.1%
Tangible fixed assets22/27--€0.001m€0.001m€0.001m€0.2m€0.2m€0.2m▲ 1.0%
Land and buildings22-----€0.2m€0.2m€0.2m▼ 4.2%
Plant, machinery and equipment23---€0.001m€0.001m€0.001m€356€234▼ 34.3%
Furniture and vehicles24------€0.004m€0.004m▼ 11.7%
Other tangible fixed assets26-----€0.008m€0.01m€0.02m▲ 101%
Financial fixed assets28€1.0m€0.8m€1.2m€1.0m€1.0m€1.0m€1.0m€1.0m▼ 0.1%
Current assets29/58€0.01m€0.03m€0.01m€0.2m€0.2m€0.1m€0.1m€0.08m▼ 30.4%
Amounts receivable after more than one year29---€0.2m€0.1m€0.1m€0.06m€0.03m▼ 54.3%
Other amounts receivable291---€0.2m€0.1m€0.1m€0.06m€0.03m▼ 54.3%
Amounts receivable within one year40/41-€0.02m€0.001m€0.03m€0.04m€0.03m€0.04m€0.04m▲ 0.5%
Other amounts receivable41---€0.03m€0.04m€0.03m€0.04m€0.04m▲ 0.5%
Cash at bank and in hand54/58€0.009m€0.006m€0.008m€0.008m€0.02m€0.008m€0.01m€0.01m▼ 23.8%
Deferred charges and accrued income490/1---€0.001m€200--€0.004m-
Equity and liabilities
Total equity and liabilities10/49€1.0m€0.8m€1.2m€1.2m€1.1m€1.3m€1.3m€1.3m▼ 2.6%
Equity10/15€0.01m€0.1m€0.4m€0.5m€0.5m€0.6m€0.7m€0.8m▲ 8.9%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Revaluation surpluses12---€0.2m€0.2m€0.2m€0.2m€0.2m=
Reserves13€83€0.09m€0.2m€0.3m€0.4m€0.4m€0.5m€0.6m▲ 11.4%
Non-distributable reserves130/1---€0.002m€0.002m----
Reserves not available under the articles1311---€0.002m€0.002m----
Tax-exempt reserves132---€0.01m--€0.02m€0.06m▲ 275%
Distributable reserves133---€0.3m€0.4m€0.4m€0.5m€0.5m▲ 2.9%
Profit (loss) carried forward14-€0.007m€0.005m€0.004m€0.001m€0.001m€0.001m€0.001m€0.002m▲ 222%
Amounts payable17/49€1.0m€0.7m€0.8m€0.7m€0.6m€0.7m€0.6m€0.5m▼ 16.4%
Amounts payable after more than one year17€0.9m€0.6m€0.7m€0.6m€0.5m€0.5m€0.4m€0.3m▼ 27.7%
Financial debts170/4---€0.6m€0.5m€0.5m€0.4m€0.3m▼ 27.7%
Amounts payable within one year42/48€0.1m€0.1m€0.1m€0.1m€0.1m€0.2m€0.2m€0.2m▲ 13.3%
Current portion of amounts payable after more than one year42---€0.1m€0.1m€0.1m€0.1m€0.1m▲ 1.0%
Trade debts44€0.007m€0.005m€0.001m€0.001m€423€0.001m€0.001m€0.002m▲ 273%
Suppliers440/4---€0.001m€423€0.001m€0.001m€0.002m▲ 273%
Taxes, remuneration and social security45---€0.01m€0.01m€0.01m€0.007m€0.006m▼ 23.3%
Taxes450/3---€0.01m€0.01m€0.01m€0.007m€0.006m▼ 23.3%
Other amounts payable47/48---€0.01m€0.001m€0.03m€0.02m€0.04m▲ 99.5%
Accrued charges and deferred income492/3---€0.004m€0.003m€0.003m€0.003m€0.004m▲ 21.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€1,321€97,832€84,033€107,208€92,543€61,869€121,297€97,970▼ 19.2%
+ Depreciation and write-downs630--€206€272€272€4,012€9,660€10,276▲ 6.4%
Operating cash flow (approximation)-€1,321€97,832€84,238€107,480€92,815€65,881€130,957€108,246▼ 17.3%
Investment in fixed assets (approximation)-€202,500-€391,649€240,000€0-€227,053-€8,124-€11,218▼ 38.1%
Change in cash--€3,416€1,960€107€7,451-€7,628€6,892-€3,495-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 01-06-2026 2026-00129969 PDF
31-12-2024 abbreviated format 24-04-2025 2025-00075108 PDF
31-12-2023 abbreviated format 16-04-2024 2024-00063518 PDF
31-12-2022 abbreviated format 03-07-2023 2023-00191611 PDF
31-12-2021 abbreviated format 01-07-2022 2022-20118044 PDF
31-12-2020 abbreviated format 08-07-2021 2021-32600422 PDF
31-12-2019 abbreviated format 30-06-2020 2020-23800339 PDF
31-12-2018 abbreviated format 05-07-2019 2019-29700268 PDF
31-12-2017 abbreviated format 13-07-2018 2018-33000309 PDF
31-12-2016 abbreviated format 03-07-2017 2017-28700219 PDF

Show all 15 filings

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