CDL MANAGEMENT
Open bankruptcyA bankruptcy procedure is open for CDL MANAGEMENT according to publications in the Belgian State Gazette; curator: SOPHIE HUART. The 2022 annual accounts show equity of €152k and a net result of €34k.
Signals
Four 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 01-09-2023, 32 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
24 d late
2020
30 d late
2019
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€152k▲ 28.5%
2021 · €118k
2018: €80k
2019: €94k
2020: €101k
2021: €118k
2018 → 2022
Total assets
€237k▲ 2.3%
2021 · €232k
2018: €180k
2019: €180k
2020: €184k
2021: €232k
2018 → 2022
Net result
€34k▲ 90.8%
2021 · €18k
2018: €45k
2019: €14k
2020: €7k
2021: €18k
2018 → 2022
Working capital
€148k▲ 24.3%
2021 · €119k
2018: €88k
2019: €102k
2020: €107k
2021: €119k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€80k-€94k▲ 17.4%€101k▲ 7.5%€118k▲ 17.6%€152k▲ 28.5%
Operating result€56k-€20k▼ 64.5%€8k▼ 61.7%€20k▲ 165%€39k▲ 95.1%
Net result€45k-€14k▼ 69.5%€7k▼ 49.6%€18k▲ 153%€34k▲ 90.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 95% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €237k
Fixed assets
€51k▼ 2.3%
Current assets
€187k▲ 3.6%
Equity and liabilities €237k
Equity
€152k▲ 28.5%
Debt
€86k▼ 24.9%
The debt ratio falls from 49.1% to 36.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▲
2021 · €21k
Cash flow
€35k▲
2021 · €19k
Solvency
64.0%▲
2021 · 50.9%
Current ratio
4.82▲
2021 · 2.94
Quick ratio
4.82▲
2021 · 2.94
Debt / equity
0.56▼
2021 · 0.96
ROE
22.2%▲
2021 · 14.9%
ROA
14.2%▲
2021 · 7.6%
Interest coverage
19.67▲
2021 · 9.39
Debt
€86k▼
2021 · €114k
Debt ≤ 1 year
€39k▼
2021 · €61k
Debt > 1 year
€46k▼
2021 · €52k
Income taxes
€15k▲
2021 · €9k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€232k€237k▲
Fixed assets21/28€52k€51k▼
Tangible fixed assets22/27€47k€46k▼
Land and buildings22€41k€40k▼
Other tangible fixed assets26€6k€6k=
Financial fixed assets28€5k€5k=
Current assets29/58€180k€187k▲
Amounts receivable within one year40/41€171k€186k▲
Trade receivables40€28k€309▼
Other amounts receivable41€143k€186k▲
Cash at bank and in hand54/58€9k€740▼
Equity and liabilities
Total equity and liabilities10/49€232k€237k▲
Equity10/15€118k€152k▲
Contributions10/11€2k€2k=
Reserves13€95k€95k=
Non-distributable reserves130/1€17k€17k=
Reserves not available under the articles1311€17k€17k=
Distributable reserves133€78k€78k=
Profit (loss) carried forward14€21k€55k▲
Amounts payable17/49€114k€86k▼
Amounts payable after more than one year17€52k€46k▼
Financial debts170/4€52k€46k▼
Amounts payable within one year42/48€61k€39k▼
Current portion of amounts payable after more than one year42€6k€8k▲
Trade debts44€28k€3k▼
Suppliers440/4€28k€3k▼
Taxes, remuneration and social security45€27k€28k▲
Taxes450/3€27k€28k▲
Other amounts payable47/48€180€180=
Accrued charges and deferred income492/3€530€1k▲
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€811€2k▲
Gross operating margin9900€22k€43k▲
Operating profit (loss)9901€20k€39k▲
Financial income75/76B€8k€11k▲
Recurring financial income75€8k€11k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€26k€49k▲
Income taxes67/77€9k€15k▲
Profit (loss) for the period9904€18k€34k▲
Profit (loss) for the period to be appropriated9905€18k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€55k▲
Profit (loss) brought forward from the previous period14P€4k€21k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-01
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL CDL MANAGEMENT RUE EMILE BOUILLIOT 33/4, 1050 IXELLES · event 06-01-2025
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Equity above €150kEq €152k ▲28.5%
5 profitable years in a row build equity to €152k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €7k ▼49.6%
Net result drops to €7k, the lowest in the series.
31-12
Financial
Equity above €100kEq €101k ▲7.5%
3 profitable years in a row build equity to €101k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
20-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 20 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Elsene · 1 establishment unit since 2010
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.
Emile Bouilliotstraat 331050 ElseneGround area
2,074 m²
Building footprint
868 m²
Volume, LiDAR
11,270 m³
Parcel 21447B0309/00C012, Brussels · tallest building 21.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Emile Bouilliotstraat 33, 1050 Elsene
since 20102.191.886.234
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0309/00C012 | Brussels | 2,074 m² | 1 · 868 m² | 21.6 m · 6 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SOPHIE HUART CHAUSSEE DE WATERLOO 880,
1000 BRUXELLES |
06-01-2025 → present |
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,340 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-09-2010
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
66199Other activities auxiliary to financial services, excluding insurance and pension funding
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:cdlimelette@gmail.com
Phone:0473/250383