CDG Projects
ActiveCDG Projects has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €-101. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 31% of 13935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-51
Solvency34▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.21 in 2024; short-term debt: 91.1% and cash: 60.4% of total assets), and 91.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days 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 · 6 filingsDeviation from the deadline
2025
27 d late
2024
20 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▼ 0.1%
2024 · €80k
2020: €-10k
2021: €-9k
2022: €77k
2023: €74k
2024: €80k
2020 → 2025
Total assets
€895k▲ 110%
2024 · €425k
2020: €308k
2021: €394k
2022: €279k
2023: €572k
2024: €425k
2020 → 2025
Net result
€-101
2024 · €6k
2020: €-30k
2021: €1k
2022: €87k
2023: €-3k
2024: €6k
2020 → 2025
Working capital
€-272k▲ 0.1%
2024 · €-273k
2020: €165k
2021: €191k
2022: €77k
2023: €-279k
2024: €-273k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-9k-€77k€74k▼ 4.4%€80k▲ 8.0%€80k▼ 0.1%
Operating result€5k-€103k▲ 1,915%€-3k€8k€-2k
Net result€1k-€87k▲ 7,889%€-3k€6k€-101
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €895k
Fixed assets
€352k▼ 0.1%
Current assets
€543k▲ 645%
Equity and liabilities €895k
Equity
€80k▼ 0.1%
Debt
€815k▲ 136%
The debt ratio rises from 81.2% to 91.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2024 · €8k
Cash flow
€230▼
2024 · €6k
Solvency
8.9%▼
2024 · 18.8%
Current ratio
0.67▲
2024 · 0.21
Quick ratio
0.66▲
2024 · 0.21
Debt / equity
10.21▲
2024 · 4.32
ROE
-0.1%▼
2024 · 7.4%
ROA
0.0%▼
2024 · 1.4%
Interest coverage
-2.35▼
2024 · 10.78
Debt
€815k▲
2024 · €345k
Debt ≤ 1 year
€815k▲
2024 · €345k
Income taxes
€0▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€425k€895k▲
Fixed assets21/28€353k€352k▼
Tangible fixed assets22/27€659€327▼
Furniture and vehicles24€659€327▼
Financial fixed assets28€352k€352k=
Current assets29/58€73k€543k▲
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€65k€800▼
Other amounts receivable41€65k€800▼
Cash at bank and in hand54/58€8k€540k▲
Equity and liabilities
Total equity and liabilities10/49€425k€895k▲
Equity10/15€80k€80k▼
Contributions10/11€20k€20k=
Reserves13€60k€60k▼
Distributable reserves133€60k€60k▼
Amounts payable17/49€345k€815k▲
Amounts payable within one year42/48€345k€815k▲
Trade debts44€381€284▼
Suppliers440/4€381€284▼
Other amounts payable47/48€345k€815k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€332€332=
Other operating charges640/8€449€462▲
Gross operating margin9900€8k€-1k▼
Operating profit (loss)9901€8k€-2k▼
Financial income75/76B€7€3k▲
Recurring financial income75€7€3k▲
Financial charges65/66B€746€719▼
Recurring financial charges65€746€719▼
Profit (loss) for the period before taxes9903€7k€-101▼
Income taxes67/77€1k€0▼
Profit (loss) for the period9904€6k€-101▼
Profit (loss) for the period to be appropriated9905€6k€-101▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-101▼
Transfer from equity791/2-€101
Transfer to equity691/2€6k-
To other reserves6921€6k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2020net €87k ▲7889%
Operating result €103k, net result €87k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zonhoven · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kremerstraat 153520 ZonhovenGround area
1,184 m²
Building footprint
231 m²
Volume, LiDAR
11 m³
Parcel 71442C0662/00G002, Flanders · tallest building 1.0 m. Linked by address, not a title deed.
1 establishment unit
CDG Projects
since 20202.304.354.269
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71442C0662/00G002 | Flanders | 1,184 m² | 1 · 231 m² | 1.0 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Kempen Real Estate
BE 0700.346.631
Herentals · Eq €80k
AVE IMMO
BE 0776.725.322
Chaudfontaine · Eq €80k
TPAGS
BE 0774.858.269
Esneux · Eq €80k
FRK Projects
BE 0797.324.360
Ichtegem · Eq €80k
TECHNIQUES ET CONSTRUCTION MARCOLINI
BE 0778.456.375
Morlanwelz · Eq €80k
Of 9,696 companies in sector 68121 we hold annual accounts for 7,378. 5,242 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2020
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.