CDE
Bankruptcy closedInactive since 13-05-2026; last annual accounts for fiscal year 2022.
Summary
CDE was declared bankrupt on 17-09-2024 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed for insufficient assets by judgment of 12-05-2026, published in the Belgian State Gazette on 18-05-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-08-2023, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
1 d late
2021
270 d late
2020
635 d late
2019
1000 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 477 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? This is how you file your claim.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Office administrative and support services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
-€14,165▼ 13.9%
2021 · -€12,437
Total assets
€4,227▼ 16.7%
2021 · €5,073
Net result
-€1,728
2021 · €910
Working capital
-€14,599▼ 21.3%
2021 · -€12,033
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
Line20182019202020212022
Operating result-€6,006--€5,980▲ 0.4%-€7,608▼ 27.2%-€1,197▲ 84.3%-€3,832▼ 220%
Net result-€4,166--€4,780▼ 14.7%-€5,601▼ 17.2%€910-€1,728
Equity-€2,965--€7,745▼ 161%-€13,346▼ 72.3%-€12,437▲ 6.8%-€14,165▼ 13.9%
Total assets€30,366-€22,780▼ 25.0%€9,136▼ 59.9%€5,073▼ 44.5%€4,227▼ 16.7%
Debt€33,331-€30,525▼ 8.4%€22,482▼ 26.3%€17,510▼ 22.1%€18,392▲ 5.0%
Working capital-€6,391--€8,963▼ 40.2%-€13,446▼ 50.0%-€12,033▲ 10.5%-€14,599▼ 21.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,832 in 2022 against €1,197 in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €4,227
Fixed assets
€434 ▼ 63.3%
Current assets
€3,793 ▼ 2.5%
Key figures and ratios
EBITDA
-€3,082▼
2021 · -€287
Cash flow
-€978▼
2021 · €1,820
Interest coverage
-123.28▼
2021 · -8.97
Debt ≤ 1 year
€18,392▲
2021 · €15,922
Income taxes
€5
Ratios withheld: a balance sheet total of €4,227 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,048 | €6,893 | €5,686 | €910 | €750 | ▼ 17.6% |
| Other operating charges640/8 | €1,650 | €991 | €1,966 | €937 | €1,803 | ▲ 92.4% |
| Gross operating margin9900 | €2,692 | €1,904 | €44 | €650 | -€1,279 | ▼ 297% |
| Operating profit (loss)9901 | -€6,006 | -€5,980 | -€7,608 | -€1,197 | -€3,832 | ▼ 220% |
| Financial income75/76B | €2,134 | €2,134 | €2,194 | €2,139 | €2,134 | ▼ 0.2% |
| Recurring financial income75 | €2,134 | €2,134 | €60 | €5 | €2,134 | ▲ 42,580% |
| Non-recurring financial income76B | €2,134 | €2,134 | €2,134 | €2,134 | €2,134 | = |
| Financial charges65/66B | €294 | €197 | €187 | €32 | €25 | ▼ 21.9% |
| Recurring financial charges65 | €294 | €197 | €187 | €32 | €25 | ▼ 21.9% |
| Profit (loss) for the period before taxes9903 | -€4,166 | -€4,043 | -€5,601 | €910 | -€1,723 | ▼ 289% |
| Income taxes67/77 | - | €737 | - | - | €5 | - |
| Profit (loss) for the period9904 | -€4,166 | -€4,780 | -€5,601 | €910 | -€1,728 | ▼ 290% |
| Profit (loss) for the period to be appropriated9905 | -€4,166 | -€4,780 | -€5,601 | €910 | -€1,728 | ▼ 290% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30,366 | €22,780 | €9,136 | €5,073 | €4,227 | ▼ 16.7% |
| Fixed assets21/28 | €12,086 | €6,401 | €716 | €1,184 | €434 | ▼ 63.3% |
| Tangible fixed assets22/27 | €12,086 | €6,401 | €716 | €1,184 | €434 | ▼ 63.3% |
| Plant, machinery and equipment23 | €1,668 | €1,192 | €716 | €316 | - | - |
| Furniture and vehicles24 | - | - | - | €868 | €434 | ▼ 50.0% |
| Leasing and similar rights25 | €10,418 | €5,209 | - | - | - | - |
| Current assets29/58 | €18,280 | €16,379 | €8,420 | €3,889 | €3,793 | ▼ 2.5% |
| Amounts receivable within one year40/41 | €15,574 | €13,047 | €3,865 | €1,851 | €1,622 | ▼ 12.4% |
| Trade receivables40 | €15,246 | €13,047 | €3,865 | €1,851 | €1,622 | ▼ 12.4% |
| Other amounts receivable41 | €328 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €2,706 | €3,332 | €4,555 | €2,038 | €2,171 | ▲ 6.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30,366 | €22,780 | €9,136 | €5,073 | €4,227 | ▼ 16.7% |
| Equity10/15 | -€2,965 | -€7,745 | -€13,346 | -€12,437 | -€14,165 | ▼ 13.9% |
| Contributions10/11 | €33,592 | €33,592 | €33,592 | €33,592 | €33,592 | = |
| Capital10 | €33,592 | €33,592 | €33,592 | €33,592 | €33,592 | = |
| Issued capital100 | €33,592 | €33,592 | €33,592 | €33,592 | €33,592 | = |
| Profit (loss) carried forward14 | -€36,557 | -€41,337 | -€46,938 | -€46,029 | -€47,757 | ▼ 3.8% |
| Amounts payable17/49 | €33,331 | €30,525 | €22,482 | €17,510 | €18,392 | ▲ 5.0% |
| Amounts payable after more than one year17 | €8,660 | €5,183 | €616 | - | - | - |
| Financial debts170/4 | €8,660 | €5,183 | €616 | - | - | - |
| Amounts payable within one year42/48 | €24,671 | €25,342 | €21,866 | €15,922 | €18,392 | ▲ 15.5% |
| Trade debts44 | €1,163 | €2,142 | €3,262 | €1,444 | €5,542 | ▲ 284% |
| Suppliers440/4 | €1,163 | €2,142 | €3,262 | €1,444 | €5,542 | ▲ 284% |
| Taxes, remuneration and social security45 | €2,023 | €2,998 | €415 | €109 | €629 | ▲ 477% |
| Taxes450/3 | €2,023 | €2,998 | €415 | €109 | €629 | ▲ 477% |
| Other amounts payable47/48 | €21,485 | €20,202 | €18,189 | €14,369 | €12,221 | ▼ 14.9% |
| Accrued charges and deferred income492/3 | - | - | - | €1,588 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,166 | -€4,780 | -€5,601 | €910 | -€1,728 | ▼ 290% |
| + Depreciation and write-downs630 | €7,048 | €6,893 | €5,686 | €910 | €750 | ▼ 17.6% |
| Operating cash flow (approximation) | €2,882 | €2,113 | €85 | €1,820 | -€978 | ▼ 154% |
| Investment in fixed assets (approximation) | - | -€1,208 | -€1 | -€1,378 | €0 | ▲ 100% |
| Change in cash | - | €626 | €1,223 | -€2,517 | €133 | ▲ 105% |
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
2026
18-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 12-05-2026
2024
23-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 17-09-2024
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 270 days late
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 635 days late
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 1000 days late
27-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 1366 days late
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1731 days late
2021
31-12
Financial
Back to profitnet €910
Net result €910 after 3 loss-making years.
2020
31-12
Financial
Weakest financial yearnet -€5,601
Net result drops to -€5,601, the lowest in the series.
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 87 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 60 days late
29-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 425 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Wevelgem
Ground area
170 m²
Building footprint
81 m²
Volume, LiDAR
429 m³
Parcel 34029A0229/00X000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34029A0229/00X000 | Flanders | 170 m² | 1 · 80 m² | 7.8 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DELPHINE CLOET GUIDO GEZELLESTRAAT 10,
8790 WAREGEM |
17-09-2024 → 12-05-2026 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,219 companies in sector 82100 we hold annual accounts for 3,509. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded16-04-1997
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.