CDE2 (0887.627.697): annual accounts, directors and company register

CDE2

Woluwe-Saint-Lambert ·KBO/BCE: BE 0887.627.697

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

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	3.0%	3.1%
10	5.6%	6.2%

Company	Total assets	Gross margin	Solvency	Staff
CDE2 Woluwe-Saint-Lambert	€134,338	€45,112	27.5%	-
INGRETO Halle	€133,257	€45,261	60.2%	-
' t Ketje Putte	€135,396	€40,169	47.0%	-
Polyevents Huldenberg	€137,115	€39,241	22.4%	-
CREATIVE COOKING AND MORE Kapellen	€114,115	€50,449	95.2%	-
TOCCO D'ITALIA Mons	€155,602	€48,902	56.9%	-
William & Nancy Tournai	€154,228	€34,773	36.9%	-

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	134,338	51,778	62,633	48,376	34,221	40,704	61,057	31,326	11,234	15,461	26,979	8,501	7,728	33,434	22,918	28,880	317,149	357,377	382,469
Formation expenses`20`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	75	390	705	1,020	1,335
Fixed assets`21/28`	44,741	120	120	4,955	10,523	16,091	21,813	429	584	965	572	798	3,062	4,778	9,576	2,583	180,934	211,496	237,306
Intangible fixed assets`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52,330	66,733	73,313
Tangible fixed assets`22/27`	44,621	-	-	4,835	10,403	15,971	21,693	309	464	845	452	678	2,942	4,658	9,381	2,073	127,779	143,623	162,538
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	-	-	226	452	678	904	-	-	-	119,733	135,368	151,743
Furniture and vehicles`24`	44,621	-	-	4,835	10,403	15,971	21,693	309	464	619	-	-	2,038	4,415	8,896	1,345	7,075	8,255	10,795
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	-	-	-	-	-	243	485	728	971	-	-
Financial fixed assets`28`	120	120	120	120	120	120	120	120	120	120	120	120	120	120	120	120	120	120	120
Current assets`29/58`	89,597	51,658	62,513	43,421	23,698	24,613	39,244	30,897	10,650	14,496	26,407	7,703	4,666	28,656	13,342	26,297	136,215	145,881	145,163
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41,887	64,855	50,849
Stocks`30/36`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41,887	64,855	50,849
Amounts receivable within one year`40/41`	18,665	8,016	622	10,801	4,543	5,021	21,078	9,883	8,662	10,414	21,627	5,636	2,995	838	5,755	6,844	59,183	41,142	25,915
Trade receivables`40`	18,487	8,016	622	9,980	4,160	5,021	19,999	9,690	8,088	10,414	16,215	5,501	2,995	838	5,755	6,584	56,659	40,359	19,084
Other amounts receivable`41`	178	-	-	821	383	-	1,079	193	574	-	5,412	135	-	-	-	260	2,524	783	6,831
Cash at bank and in hand`54/58`	70,932	43,642	61,891	32,350	18,862	19,162	17,873	19,514	1,988	4,082	4,780	2,067	1,671	27,818	7,587	19,453	25,745	29,644	55,538
Deferred charges and accrued income`490/1`	-	-	-	270	293	430	293	1,500	-	-	-	-	-	-	-	-	9,400	10,240	12,861
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	134,338	51,778	62,633	48,376	34,221	40,704	61,057	31,326	11,234	15,461	26,979	8,501	7,728	33,434	22,918	28,880	317,149	357,377	382,469
Equity`10/15`	36,999	27,545	18,750	11,530	4,663	4,104	1,719	-4,250	-14,366	-12,505	-16,736	-36,977	-55,533	-59,551	-65,500	-54,949	-72,137	1,993	-1,087
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	6,200	6,200	6,200
Capital`10`	-	-	-	18,600	18,600	-	18,600	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,400	12,400	12,400
Contributions outside capital`11`	18,600	18,600	18,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other`1109/19`	18,600	18,600	18,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	18,399	8,945	150	-7,070	-13,937	-14,496	-16,881	-22,850	-32,966	-31,105	-35,336	-55,577	-74,133	-78,151	-84,100	-73,549	-78,337	-4,207	-7,287
Amounts payable`17/49`	97,339	24,233	43,883	36,846	29,558	36,600	59,338	35,576	25,600	27,966	43,715	45,478	63,261	92,985	88,418	83,829	389,286	355,384	383,556
Amounts payable after more than one year`17`	17,856	-	-	-	5,103	10,671	16,239	-	-	-	31,022	31,021	61,378	70,622	70,622	70,622	154,355	187,671	219,833
Financial debts`170/4`	17,856	-	-	-	5,103	10,671	16,239	-	-	-	-	-	-	-	-	-	154,355	187,671	219,833
Trade debts`175`	-	-	-	-	-	-	-	-	-	-	31,022	31,021	31,021	31,022	31,022	31,022	-	-	-
Other amounts payable`178/9`	-	-	-	-	-	-	-	-	-	-	-	-	30,357	39,600	39,600	39,600	-	-	-
Amounts payable within one year`42/48`	72,233	16,983	43,883	36,846	24,455	25,929	39,753	35,576	25,600	27,966	12,693	14,457	1,883	22,363	17,796	13,207	234,931	167,713	163,723
Current portion of amounts payable after more than one year`42`	11,616	-	-	5,372	5,861	5,861	5,861	-	-	-	-	-	-	-	-	-	43,028	45,987	43,028
Trade debts`44`	13,348	11,206	1,216	949	1,543	4,428	18,403	19,432	14,184	10,128	11,701	4,789	966	11,306	6,970	1,874	171,442	114,145	116,907
Suppliers`440/4`	13,348	11,206	1,216	949	1,543	4,428	18,403	19,432	14,184	10,128	11,701	4,789	966	11,306	6,970	1,874	171,442	114,145	116,907
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	-	-	197	-	-	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	40,990	2,452	26,342	2,200	-	54	3,250	-	-	-	992	-	917	9,543	8,092	8,599	20,461	7,581	3,788
Taxes`450/3`	9,690	2,452	7,142	2,200	-	54	3,250	-	-	-	992	-	917	924	8,092	-	411	700	90
Remuneration and social security`454/9`	31,300	-	19,200	-	-	-	-	-	-	-	-	-	-	8,619	-	8,599	20,050	6,881	3,698
Other amounts payable`47/48`	6,279	3,325	16,325	28,325	17,051	15,586	12,239	16,144	11,416	17,641	-	9,668	-	1,514	2,734	2,734	-	-	-
Accrued charges and deferred income`492/3`	7,250	7,250	-	-	-	-	3,346	-	-	-	-	-	-	-	-	-	-	-	-
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.4m	1.6m	1.4m
Non-recurring operating income`76A`	-	-	-	11,000	-	-	-	-	1,863	-	-	-	-	-	-	28,962	-	-	-
Gross operating margin`9900`	45,112	31,885	30,693	27,238	13,447	23,109	14,984	12,801	2,198	7,158	21,119	22,799	6,855	12,977	-8,036	89,849	218,432	265,838	188,595
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.2m	1.3m	1.2m
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	90,931	237,415	205,332	147,361
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	4,056	-	4,835	5,568	5,568	5,722	887	155	381	381	226	2,264	2,846	4,798	1,158	1,158	35,696	34,670	31,052
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	5,021	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	1,089	2,710	-	-	-	14,909	-	-	-	-	-	-	-71	-	-	-	-	-	-
Other operating charges`640/8`	8,794	239	359	128	313	809	362	127	165	536	539	1,635	-	1,905	1,253	1,139	2,289	2,140	2,588
Operating profit (loss)`9901`	31,173	28,936	25,499	21,542	2,545	1,669	13,735	12,519	1,652	6,241	20,354	18,900	4,080	6,274	-10,447	-3,379	-56,968	23,696	7,594
Financial income`75/76B`	-	-	3	-	-	35	-	-	4	-	2	9	12	19	37	18	58	-	478
Recurring financial income`75`	-	-	3	-	-	35	8	-	4	-	2	9	12	19	37	18	58	-	478
Financial charges`65/66B`	2,792	246	482	475	472	431	314	180	393	91	115	82	74	344	141	19,803	17,220	20,616	15,287
Recurring financial charges`65`	2,792	246	482	475	472	431	314	180	393	91	115	82	74	344	141	19,803	17,220	20,616	15,287
Profit (loss) for the period before taxes`9903`	28,381	28,690	25,020	21,067	2,073	1,273	13,429	12,339	1,263	6,150	20,241	18,827	4,018	5,949	-10,551	5,798	-74,130	3,080	-7,215
Income taxes`67/77`	927	1,895	-2,200	2,200	1,514	-1,112	7,460	2,223	3,124	1,919	-	271	-	-	-	1,010	-	-	72
Profit (loss) for the period`9904`	27,454	26,795	27,220	18,867	559	2,385	5,969	10,116	-1,861	4,231	20,241	18,556	4,018	5,949	-10,551	4,788	-74,130	3,080	-7,287
Profit (loss) for the period to be appropriated`9905`	27,454	26,795	27,220	18,867	559	2,385	5,969	10,116	-1,861	4,231	20,241	18,556	4,018	5,949	-10,551	4,788	-74,130	3,080	-7,287
Appropriation of the result
Profit (loss) to be appropriated`9906`	36,399	26,945	20,150	4,930	-13,937	-14,496	-16,881	-22,850	-32,966	-31,105	-35,336	-55,577	-74,133	-78,151	-84,100	-73,549	-78,337	-4,207	-7,287
Profit (loss) brought forward from the previous period`14P`	8,945	150	-7,070	-13,937	-14,496	-	-22,850	-	-	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	18,000	18,000	20,000	12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Directors or managers`695`	18,000	18,000	20,000	12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.5	8.4	6.8	6.8
Hours worked`1013`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,756	11,416	10,129	10,129
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	31-07-2026	2026-00379989	PDF
31-12-2024	micro format	31-07-2025	2025-00362572	PDF
31-12-2023	micro format	31-07-2024	2024-00327960	PDF
31-12-2022	micro format	02-08-2023	2023-00319707	PDF
31-12-2021	micro format	02-08-2022	2022-20272610	PDF
31-12-2020	micro format	30-08-2021	2021-65100580	PDF
31-12-2019	micro format	30-09-2020	2020-58100463	PDF
31-12-2018	micro format	29-08-2019	2019-58000562	PDF
31-12-2017	micro format	29-08-2018	2018-60200429	PDF
31-12-2016	micro format	26-09-2017	2017-62800537	PDF
31-12-2015	full format	31-08-2016	2016-57000116	PDF
31-12-2014	full format	31-08-2015	2015-57400035	PDF
31-12-2013	full format	31-08-2014	2014-56700018	PDF
31-12-2012	full format	01-09-2013	2013-57500147	PDF
31-12-2011	full format	31-08-2012	2012-54600045	PDF
31-12-2010	full format	31-08-2011	2011-53700525	PDF
31-12-2009	full format	29-08-2010	2010-48700399	PDF
31-12-2008	full format	01-09-2009	2009-74800375	PDF
31-12-2007	full format	31-08-2008	2008-71800269	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	35,229	-	30,334	27,110	8,113	7,391	14,622	12,674	2,033	6,622	20,580	21,164	6,926	11,072	-9,289	-2,221	-21,272	58,366	38,646
Cash flow	31,510	-	32,055	24,435	6,127	8,107	6,856	10,271	-1,480	4,612	20,467	20,820	6,864	10,747	-9,393	5,946	-38,434	37,750	23,765
Investment in fixed assets (approximation)	48,678	-	0	0	0	0	22,270	0	0	774	0	0	1,130	0	8,151	-177,193	5,134	8,859	266,783
Change in cash	27,290	-18,249	29,541	13,488	-300	1,289	-1,641	17,526	-2,094	-698	2,713	396	-26,147	20,231	-11,866	-6,292	-3,899	-25,894	-
Working capital	17,364	34,675	18,630	6,575	-757	-1,316	-509	-4,679	-14,950	-13,470	13,714	-6,754	2,783	6,293	-4,454	13,090	-98,716	-21,832	-18,560
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3.9%	1.5%	0.6%
Solvency	27.5%	53.2%	29.9%	23.8%	13.6%	10.1%	2.8%	-13.6%	-127.9%	-80.9%	-62.0%	-435.0%	-718.6%	-178.1%	-285.8%	-190.3%	-22.7%	0.6%	-0.3%
Current ratio	1.24	3.04	1.42	1.18	0.97	0.95	0.99	0.87	0.42	0.52	2.08	0.53	2.48	1.28	0.75	1.99	0.58	0.87	0.89
Quick ratio	1.24	3.04	1.42	1.18	0.97	0.95	0.99	0.87	0.42	0.52	2.08	0.53	2.48	1.28	0.75	1.99	0.40	0.48	0.58
Debt to equity	2.63	0.88	2.34	3.20	6.34	8.92	34.52	-	-	-	-	-	-	-	-	-	-	-	-
ROE	74.2%	97.3%	145.2%	163.6%	12.0%	58.1%	347.2%	-	-	-	-	-	-	-	-	-	-	154.5%	-
ROA	20.4%	51.7%	43.5%	39.0%	1.6%	5.9%	9.8%	32.3%	-16.6%	27.4%	75.0%	218.3%	52.0%	17.8%	-46.0%	16.6%	-23.4%	0.9%	-1.9%
Interest coverage	12.62	-	62.93	57.07	17.19	-	46.57	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14 days	9 days	5 days
Supplier credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51 days	32 days	36 days

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€48,678	-	-	-	-
Depreciation and write-downs of the year	€4,056	-	€4,835	€5,568	€5,568

Overview

Lifetime

Key points

Equity

Turnover

Debts

Investments

Liquidity

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on CDE2

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency27.5%

Current ratio1.24

Return on assets20.4%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on CDE2

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments