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CDKN

Open bankruptcy
Private limited companyfounded 2016Catharinadreef 45, 2970 Schilde, BelgiumKBO/BCE: BE 0659.685.221

A bankruptcy procedure is open for CDKN according to publications in the Belgian State Gazette; curator: ERIK GREEVE.

Summary

The 2024 annual accounts show negative equity (-€324,352) and a net result of -€339,783.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Turnhout division
Declared bankrupt
11 February 2025
Supervising judge
Frédéric De Vel
Official Gazette
06-03-2025 (pdf) ↗search the document for 2025/109589

Curator

  • Erik GreeveKoninklijke Laan 60, 2600 Berchem (Antwerpen)erik.greeve@gvgadvocaten.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 31-01-2025, 0 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
on the day
2023
6 d early
2022
on the day
2021
42 d early
2020
40 d early
2019
46 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 22 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 July 2016, CDKN was incorporated.1 Total assets went from EUR 100,312 in 2019 to EUR 377,591 in 2024 and headcount from 1.5 to 12.9 full-time equivalents.2 The company was declared bankrupt on 11 February 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024
  3. 3Belgian State Gazette, 06-03-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
-€324,352
2023 · €15,431
Total assets
€377,591▼ 32.9%
2023 · €562,784
Net result
-€339,783
2023 · €4,177
Working capital
-€447,236▼ 234%
2023 · -€133,779
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
Line20202021202220232024
Operating result€30,714▲ 501%€22,733▼ 26.0%€7,572▼ 66.7%€22,210▲ 193%-€297,340
Net result€24,023▲ 3,742%€15,564▼ 35.2%-€9,401€4,177-€339,783
Equity€5,091€20,655▲ 306%€11,254▼ 45.5%€15,431▲ 37.1%-€324,352
Total assets€108,649▲ 8.3%€220,048▲ 103%€483,105▲ 120%€562,784▲ 16.5%€377,591▼ 32.9%
Debt€103,558▼ 13.2%€199,394▲ 92.5%€471,851▲ 137%€547,354▲ 16.0%€701,943▲ 28.2%
Working capital-€10,641-€15,364▼ 44.4%-€111,882▼ 628%-€133,779▼ 19.6%-€447,236▼ 234%
Staff (FTE)4.610.5▲ 128%10.3▼ 1.9%12.9▲ 25.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€400,000-€300,000-€200,000-€100,000€0Operating result 2020: €30,714€30,714Net result 2020: €24,023€24,023Operating result 2021: €22,733€22,733Net result 2021: €15,564€15,564Operating result 2022: €7,572€7,572Net result 2022: -€9,401-€9,401Operating result 2023: €22,210€22,210Net result 2023: €4,177€4,177Operating result 2024: -€297,340-€297,340Net result 2024: -€339,783-€339,78320202021202220232024-€400,000-€300,000-€200,000-€100,000€0Operating result 2022: €7,572€7,570Net result 2022: -€9,401-€9,400Operating result 2023: €22,210€22,200Net result 2023: €4,177€4,180Operating result 2024: -€297,340-€297,000Net result 2024: -€339,783-€340,000202220232024
The operating result turns negative in 2024: a loss of €297,340 after €22,210 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €377,591
Fixed assets €122,884 ▼ 29.5%
Current assets €254,707 ▼ 34.4%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€274,787▼
2023 · €48,108
Cash flow
-€317,230▼
2023 · €30,075
Solvency
-85.9%▼
2023 · 2.7%
Current ratio
0.36▼
2023 · 0.74
Quick ratio
0.10▼
2023 · 0.41
Debt to equity
-2.16▼
2023 · 35.47
ROA
-90.0%▼
2023 · 0.7%
Interest coverage
-8.16▼
2023 · 2.61
Debt ≤ 1 year
€701,943▲
2023 · €522,310
Income taxes
€279▲
2023 · €133
Staff costs
€401,956▲
2023 · €305,213
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€562,784€377,591▼
Fixed assets21/28€174,253€122,884▼
Tangible fixed assets22/27€168,713€122,884▼
Plant, machinery and equipment23€2,746€3,799▲
Furniture and vehicles24€26,486€19,352▼
Leasing and similar rights25€31,958-
Other tangible fixed assets26€107,524€99,733▼
Financial fixed assets28€5,540-
Current assets29/58€388,531€254,707▼
Stocks and contracts in progress3€176,327€183,725▲
Stocks30/36€176,327€183,725▲
Amounts receivable within one year40/41€165,368€30,273▼
Trade receivables40€165,368€25,786▼
Other amounts receivable41-€4,488
Cash at bank and in hand54/58€44,592€33,655▼
Deferred charges and accrued income490/1€2,244€7,053▲
Equity and liabilities
Total equity and liabilities10/49€562,784€377,591▼
Equity10/15€15,431-€324,352▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€3,169-€342,952▼
Amounts payable17/49€547,354€701,943▲
Amounts payable after more than one year17€25,044-
Financial debts170/4€25,044-
Amounts payable within one year42/48€522,310€701,943▲
Current portion of amounts payable after more than one year42€7,530€62,632▲
Financial debts43€50,000€100,000▲
Credit institutions430/8€50,000€100,000▲
Trade debts44€296,822€326,909▲
Suppliers440/4€296,822€326,909▲
Taxes, remuneration and social security45€69,131€53,626▼
Taxes450/3€23,439€9,033▼
Remuneration and social security454/9€45,692€44,593▼
Other amounts payable47/48€98,827€158,777▲
Income statement Code20232024
Remuneration, social security and pensions62€305,213€401,956▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,898€22,553▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4,220
Other operating charges640/8€26,946€8,921▼
Gross operating margin9900€380,266€140,310▼
Operating profit (loss)9901€22,210-€297,340▼
Financial income75/76B€550€1,500▲
Recurring financial income75€550€1,500▲
Financial charges65/66B€18,451€43,664▲
Recurring financial charges65€18,451€33,664▲
Non-recurring financial charges66B-€10,000
Profit (loss) for the period before taxes9903€4,309-€339,504▼
Income taxes67/77€133€279▲
Profit (loss) for the period9904€4,177-€339,783▼
Profit (loss) for the period to be appropriated9905€4,177-€339,783▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,169-€342,952▼
Profit (loss) brought forward from the previous period14P-€7,346-€3,169▲
Social balance
Average headcount (FTE)9087-12.9

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62--€304,862€305,213€401,956▲ 31.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,514€5,781€10,298€25,898€22,553▼ 12.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€4,220-
Other operating charges640/8--€11,002€26,946€8,921▼ 66.9%
Gross operating margin9900€72,955€132,697€333,733€380,266€140,310▼ 63.1%
Operating profit (loss)9901€30,714€22,733€7,572€22,210-€297,340▼ 1,439%
Financial income75/76B--€1,113€550€1,500▲ 173%
Recurring financial income75€2,056€743€1,113€550€1,500▲ 173%
Financial charges65/66B--€18,218€18,451€43,664▲ 137%
Recurring financial charges65€8,525€7,886€18,218€18,451€33,664▲ 82.5%
Non-recurring financial charges66B----€10,000-
Profit (loss) for the period before taxes9903€24,245€15,590-€9,533€4,309-€339,504▼ 7,978%
Income taxes67/77€222€26-€133€133€279▲ 110%
Profit (loss) for the period9904€24,023€15,564-€9,401€4,177-€339,783▼ 8,235%
Profit (loss) for the period to be appropriated9905€24,023€15,564-€9,401€4,177-€339,783▼ 8,235%
Line20202021202220232024Change
Assets
Total assets20/58€108,649€220,048€483,105€562,784€377,591▼ 32.9%
Formation expenses20€321-----
Fixed assets21/28€15,410€36,019€123,136€174,253€122,884▼ 29.5%
Tangible fixed assets22/27€15,410€35,979€115,596€168,713€122,884▼ 27.2%
Plant, machinery and equipment23---€2,746€3,799▲ 38.4%
Furniture and vehicles24--€5,012€26,486€19,352▼ 26.9%
Leasing and similar rights25---€31,958--
Other tangible fixed assets26--€110,584€107,524€99,733▼ 7.2%
Financial fixed assets28-€40€7,540€5,540--
Current assets29/58€92,918€184,030€359,969€388,531€254,707▼ 34.4%
Stocks and contracts in progress3€41,187€46,586€137,344€176,327€183,725▲ 4.2%
Stocks30/36--€137,344€176,327€183,725▲ 4.2%
Amounts receivable within one year40/41€36,892€90,080€174,757€165,368€30,273▼ 81.7%
Trade receivables40--€168,155€165,368€25,786▼ 84.4%
Other amounts receivable41--€6,602-€4,488-
Cash at bank and in hand54/58€14,839€41,753€45,449€44,592€33,655▼ 24.5%
Deferred charges and accrued income490/1--€2,420€2,244€7,053▲ 214%
Equity and liabilities
Total equity and liabilities10/49€108,649€220,048€483,105€562,784€377,591▼ 32.9%
Equity10/15€5,091€20,655€11,254€15,431-€324,352▼ 2,202%
Contributions10/11€18,600-€18,600€18,600€18,600=
Reserves13-€2,055----
Profit (loss) carried forward14-€13,509-€37,533-€7,346-€3,169-€342,952▼ 10,721%
Amounts payable17/49€103,558€199,394€471,851€547,354€701,943▲ 28.2%
Amounts payable after more than one year17---€25,044--
Financial debts170/4---€25,044--
Amounts payable within one year42/48€103,558€199,394€471,851€522,310€701,943▲ 34.4%
Current portion of amounts payable after more than one year42---€7,530€62,632▲ 732%
Financial debts43--€50,000€50,000€100,000▲ 100%
Credit institutions430/8--€50,000€50,000€100,000▲ 100%
Trade debts44€76,643€157,088€348,425€296,822€326,909▲ 10.1%
Suppliers440/4--€348,425€296,822€326,909▲ 10.1%
Taxes, remuneration and social security45--€56,452€69,131€53,626▼ 22.4%
Taxes450/3--€29,113€23,439€9,033▼ 61.5%
Remuneration and social security454/9--€27,339€45,692€44,593▼ 2.4%
Other amounts payable47/48--€16,973€98,827€158,777▲ 60.7%
Line20202021202220232024Change
Profit (loss) for the period9904€24,023€15,564-€9,401€4,177-€339,783▼ 8,235%
+ Depreciation and write-downs630€3,514€5,781€10,298€25,898€22,553▼ 12.9%
Operating cash flow (approximation)€27,537€21,345€897€30,075-€317,230▼ 1,155%
Investment in fixed assets (approximation)--€26,390-€97,415-€77,016€28,817▲ 137%
Change in cash-€26,914€3,696-€856-€10,937▼ 1,178%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
06-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 11-02-2025
31-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial Weakest financial yearnet -€339,783
Net result drops to -€339,783, the lowest in the series.
25-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Back to profitnet €4,177
Net result €4,177 after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
20-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
22-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Highest result since 2019net €24,023 ▲3,742%
Operating result €30,714, net result €24,023, both a record.
2019
16-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
07-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Schilde · 5 establishment units since 2016
seat establishment All 5 establishment units on the map
Ground area
19.3 ha
Building footprint
12.8 ha
Volume, LiDAR
1,142,828 m³
5 parcels, Flanders · tallest building 32.2 m, ±8 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
5 establishment units
CDKN
Catharinadreef 45, 2970 SchildeManufacture of wearing apparel
since 20162.254.860.020
CDKN
Turnhoutsebaan 5, 2110 WijnegemManufacture of wearing apparel
since 20212.324.874.125
CDKN
Kaardeloodstraat 97, 9400 NinoveManufacture of wearing apparel
since 20212.324.874.224
CDKN
Woodrow Wilsonplein 4, 9000 GentManufacture of wearing apparel
since 20212.324.874.620
CDKN
Kapelstraat 100, 9100 Sint-NiklaasManufacture of wearing apparel
since 20232.351.849.429
5 parcels
Flanders 5 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46445D1155/00R000 Flanders 10.8 ha 1 · 5.0 ha 18.2 m · 2 fl.
11050B0010/00E002 Flanders 5.6 ha 1 · 4.9 ha 27.4 m · 4 fl.
41362B1603/00G000 Flanders 2.2 ha 1 · 2.2 ha 22.5 m · 1 fl.
44804D1960/00K000 Flanders 6,627 m² 1 · 6,588 m² 32.2 m · 8 fl.
11039A0185/00N025 Flanders 408 m² 1 · 440 m² 13.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
5 of 5 parcels 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 ERIK GREEVE
KONINKLIJKE LAAN 60, 2600 BERCHEM (ANTWERPEN)
11-02-2025 → present

Recognitions · licences · registrations

Food safety, FASFC

3 sites
Gent2.324.874.620
1 permission
Detailhandel LM>3 maand · since 17-02-2022
Ninove2.324.874.224
1 permission
Detailhandel LM>3 maand · since 17-02-2022
Wijnegem2.324.874.125
1 permission
Detailhandel LM>3 maand · since 17-02-2022

Similar companies · same sector, comparable size

Of 6,498 companies in sector 47716 we hold annual accounts for 2,439. 1,463 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
Founded14-07-2016
Fiscal year end30-06
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
73300Public relations and communication consultancy
74201Photography, excluding press photography

Scores and ratios are computed by Checked and are not a credit decision.