CDGL Consultancy
ActiveSummary
CDGL Consultancy has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €601,483 and a net result of €96,170. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 79% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 5.6 against 4.53 in 2024; short-term debt: 17.5% and cash: 46.4% of total assets), and 17.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 2025Solvency, return and age of the figures
Solvency
82.5%
Return on assets
13.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-04-2026, 107 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
107 d early
2024
42 d early
2023
34 d early
2022
35 d early
2021
39 d early
2020
25 d early
2019
21 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 43 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 22 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€601,483▲ 19.0%
2024 · €505,314
Total assets
€729,389▲ 13.9%
2024 · €640,429
Net result
€96,170▲ 37.6%
2024 · €69,898
Working capital
€588,861▲ 23.3%
2024 · €477,512
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€67,855▼ 43.7%€100,804▲ 48.6%€108,952▲ 8.1%€102,947▼ 5.5%€124,110▲ 20.6%
Net result€46,293within the sector's middle half▼ 45.3%€70,293above the sector's middle half▲ 51.8%€75,236above the sector's middle half▲ 7.0%€69,898above the sector's middle half▼ 7.1%€96,170above the sector's middle half▲ 37.6%
Equity€289,887above the sector's middle half▲ 19.0%€360,180above the sector's middle half▲ 24.2%€435,416above the sector's middle half▲ 20.9%€505,314above the sector's middle half▲ 16.1%€601,483above the sector's middle half▲ 19.0%
Total assets€414,580within the sector's middle half▲ 44.6%€478,697within the sector's middle half▲ 15.5%€562,875above the sector's middle half▲ 17.6%€640,429above the sector's middle half▲ 13.8%€729,389above the sector's middle half▲ 13.9%
Debt€124,693▲ 189%€118,517▼ 5.0%€127,459▲ 7.5%€135,115▲ 6.0%€127,905▼ 5.3%
Working capital€211,303above the sector's middle half▼ 12.4%€297,333above the sector's middle half▲ 40.7%€389,842above the sector's middle half▲ 31.1%€477,512above the sector's middle half▲ 22.5%€588,861above the sector's middle half▲ 23.3%
Solvency69.9%within the sector's middle half▼ 15.0pp75.2%within the sector's middle half▲ 5.3pp77.4%within the sector's middle half▲ 2.1pp78.9%within the sector's middle half▲ 1.5pp82.5%above the sector's middle half▲ 3.6pp
Current ratio2.70within the sector's middle half▼ 3.883.51within the sector's middle half▲ 0.824.06within the sector's middle half▲ 0.554.53within the sector's middle half▲ 0.475.60above the sector's middle half▲ 1.07
Return on assets (ROA)11.2%within the sector's middle half▼ 18.3pp14.7%within the sector's middle half▲ 3.5pp13.4%within the sector's middle half▼ 1.3pp10.9%within the sector's middle half▼ 2.5pp13.2%within the sector's middle half▲ 2.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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 2025; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €729,389
Fixed assets
€12,622 ▼ 54.6%
Current assets
€716,766 ▲ 17.0%
Equity and liabilities €729,389
Equity
€601,483 ▲ 19.0%
Debt
€127,905 ▼ 5.3%
Debt's share of the balance-sheet total falls from 21.1% to 17.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€140,420▲
2024 · €120,783
Cash flow
€112,479▲
2024 · €87,734
Debt to equity
0.21▼
2024 · 0.27
ROE
16.0%▲
2024 · 13.8%
Interest coverage
22.12▲
2024 · 16.46
Debt ≤ 1 year
€127,905▼
2024 · €135,115
Income taxes
€35,170▲
2024 · €27,178
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.7%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,781 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,879 | €18,360 | €18,360 | €17,836 | €16,309 | ▼ 8.6% |
| Other operating charges640/8 | €402 | €771 | €763 | €779 | €1,407 | ▲ 80.7% |
| Gross operating margin9900 | €74,136 | €119,934 | €128,075 | €121,562 | €141,826 | ▲ 16.7% |
| Operating profit (loss)9901 | €67,855 | €100,804 | €108,952 | €102,947 | €124,110 | ▲ 20.6% |
| Financial income75/76B | - | - | €1,215 | €1,468 | €13,578 | ▲ 825% |
| Recurring financial income75 | - | - | €1,215 | €1,468 | €13,578 | ▲ 825% |
| Financial charges65/66B | €3,412 | €3,727 | €5,241 | €7,339 | €6,349 | ▼ 13.5% |
| Recurring financial charges65 | €3,412 | €3,727 | €5,241 | €7,339 | €6,349 | ▼ 13.5% |
| Profit (loss) for the period before taxes9903 | €64,443 | €97,077 | €104,927 | €97,076 | €131,339 | ▲ 35.3% |
| Income taxes67/77 | €18,151 | €26,785 | €29,691 | €27,178 | €35,170 | ▲ 29.4% |
| Profit (loss) for the period9904 | €46,293 | €70,293 | €75,236 | €69,898 | €96,170 | ▲ 37.6% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €31,575 | - |
| Profit (loss) for the period to be appropriated9905 | €46,293 | €70,293 | €75,236 | €69,898 | €64,595 | ▼ 7.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €414,580 | €478,697 | €562,875 | €640,429 | €729,389 | ▲ 13.9% |
| Fixed assets21/28 | €78,715 | €63,042 | €45,638 | €27,802 | €12,622 | ▼ 54.6% |
| Tangible fixed assets22/27 | €78,715 | €63,042 | €45,638 | €27,802 | €12,622 | ▼ 54.6% |
| Plant, machinery and equipment23 | €5,130 | €5,142 | €3,351 | €1,006 | €1,318 | ▲ 31.0% |
| Furniture and vehicles24 | €73,585 | €57,900 | €42,287 | €26,795 | €11,304 | ▼ 57.8% |
| Current assets29/58 | €335,864 | €415,654 | €517,237 | €612,627 | €716,766 | ▲ 17.0% |
| Amounts receivable within one year40/41 | €4,521 | €7,687 | €18,217 | €27,931 | €24,029 | ▼ 14.0% |
| Trade receivables40 | €4,479 | €7,687 | €18,217 | €27,931 | €24,029 | ▼ 14.0% |
| Other amounts receivable41 | €43 | - | - | - | - | - |
| Current investments50/53 | - | - | - | €420,000 | €350,000 | ▼ 16.7% |
| Cash at bank and in hand54/58 | €323,735 | €400,513 | €494,903 | €160,651 | €338,626 | ▲ 111% |
| Deferred charges and accrued income490/1 | €7,608 | €7,455 | €4,116 | €4,045 | €4,111 | ▲ 1.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €414,580 | €478,697 | €562,875 | €640,429 | €729,389 | ▲ 13.9% |
| Equity10/15 | €289,887 | €360,180 | €435,416 | €505,314 | €601,483 | ▲ 19.0% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €277,487 | €347,780 | €423,016 | €492,914 | €589,083 | ▲ 19.5% |
| Tax-exempt reserves132 | - | - | - | - | €31,575 | - |
| Distributable reserves133 | €277,487 | €347,780 | €423,016 | €492,914 | €557,508 | ▲ 13.1% |
| Amounts payable17/49 | €124,693 | €118,517 | €127,459 | €135,115 | €127,905 | ▼ 5.3% |
| Amounts payable within one year42/48 | €124,562 | €118,321 | €127,394 | €135,115 | €127,905 | ▼ 5.3% |
| Trade debts44 | - | - | €120 | €53 | €0 | ▼ 100.0% |
| Suppliers440/4 | - | - | €120 | €53 | €0 | ▼ 100.0% |
| Taxes, remuneration and social security45 | €31,595 | €24,647 | €32,318 | €39,718 | €33,794 | ▼ 14.9% |
| Taxes450/3 | €31,595 | €24,520 | €32,318 | €39,718 | €33,794 | ▼ 14.9% |
| Remuneration and social security454/9 | - | €126 | €0 | - | - | - |
| Other amounts payable47/48 | €92,966 | €93,675 | €94,956 | €95,344 | €94,111 | ▼ 1.3% |
| Accrued charges and deferred income492/3 | €131 | €195 | €64 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46,293 | €70,293 | €75,236 | €69,898 | €96,170 | ▲ 37.6% |
| + Depreciation and write-downs630 | €5,879 | €18,360 | €18,360 | €17,836 | €16,309 | ▼ 8.6% |
| Operating cash flow (approximation) | €52,171 | €88,652 | €93,597 | €87,734 | €112,479 | ▲ 28.2% |
| Investment in fixed assets (approximation) | - | -€2,687 | -€956 | €0 | -€1,130 | - |
| Change in cash | - | €76,778 | €94,390 | -€334,252 | €177,975 | ▲ 153% |
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 2026, expected by
2026
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €96,170 ▲37.6%
Operating result €124,110, net result €96,170, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500,000Eq €505,314 ▲16.1%
7 profitable years in a row build equity to €505,314.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €46,293 ▼45.3%
Net result drops to €46,293, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200,000Eq €243,594 ▲53.2%
3 profitable years in a row build equity to €243,594.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150,000Eq €159,035 ▲63.5%
2 profitable years in a row build equity to €159,035.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Oud-Heverlee · 1 establishment unit since 2017
Ground area
1,214 m²
Building footprint
182 m²
Volume, LiDAR
118 m³
Parcel 24086C0290/00K000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Justin Scheepmansstraat 1, 3050 Oud-Heverlee
since 20172.263.008.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24086C0290/00K000 | Flanders | 1,214 m² | 1 · 182 m² | 10.7 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.
Similar companies · same sector, comparable size
BEDRIJVENCENTRUM VILVOORDE
BE 0434.222.577
Vilvoorde · Eq €601,466
EQUAPRO
BE 0458.749.226
Oupeye · Eq €601,466
CARACTIVITY
BE 0895.031.173
Wemmel · Eq €601,438
LEYBRI
BE 0691.754.807
Dendermonde · Eq €601,564
Hanbury Strategy and Communications
BE 0743.697.119
Brussel · Eq €601,576
Of 82,601 companies in sector 70200 we hold annual accounts for 52,615. 33,070 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 (pre-2019)
Founded02-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0671981059
Also
9925:BE0671981059
Registered
17-12-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.