Equity
CDL TECHNICAL has made a profit without a break since 2024.
CDL TECHNICAL has made a profit without a break since 2024.
The micro format states no turnover.
The 2022 accounts came 46 days late. The other four were filed on time.
Less equity than 80% of companies in specialised construction. Sector median €73,547 · 1,074 companies.
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 74% of them on solvency, 30% on liquidity, 92% on profitability and 94% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as CDL TECHNICAL has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CDL TECHNICAL itself: 1.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for CDL TECHNICAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.53 (0.68 in 2025), below 1. Short-term debt is 32.2% and cash 3.7% of total assets. 32.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 6 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| CDL TECHNICAL Asse | - | - | 67.8% | - |
| LLRenovatie Kuurne | €82,327 | -1.6% | 6.4% | - |
| Building Services & Solutions Woluwe-Saint-Lambert | - | - | 30.7% | - |
| ILA Asse | €169,297 | 11.5% | -40.3% | - |
| BARGAN CONSTRUCT Sint-Pieters-Leeuw | - | - | 44.7% | - |
| VICOL INVEST BE Vilvoorde | - | - | 58.2% | - |
| OZCAB Sint-Pieters-Leeuw | - | - | 56.1% | - |
These companies have the same main activity as CDL TECHNICAL: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €23,600 and €40,600, founded between 2020 and 2022.
CDL TECHNICAL files the micro format. That format states no turnover. The gross margin rose from €28,550 in 2022 to €29,837 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €260,000. Estimated: probably between €170,000 and €460,000.
Higher than 13% of 35,136 companies in 2025.
Higher than 11% of 34,510 companies in 2025.
Higher than 90% of 34,711 companies in 2025.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
28,201 | 91,529 | 85,317 | 83,825 | 58,899 | |
21/28 |
23,410 | 34,820 | 9,621 | 19,456 | 10,347 | |
22/27 |
23,410 | 34,820 | 9,621 | 19,456 | 10,347 | |
23 |
1,849 | 2,319 | 1,880 | 2,097 | - | |
24 |
21,561 | 32,502 | 7,741 | 17,359 | 10,347 | |
29/58 |
4,791 | 56,708 | 75,696 | 64,369 | 48,552 | |
40/41 |
3,757 | 49,850 | 75,196 | 56,214 | 45,976 | |
40 |
2,838 | 42,934 | 52,528 | 43,727 | 41,526 | |
41 |
919 | 6,916 | 22,668 | 12,487 | 4,450 | |
54/58 |
1,034 | 6,859 | 500 | 8,156 | 2,576 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
28,201 | 91,529 | 85,317 | 83,825 | 58,899 | |
10/15 |
19,113 | 8,098 | -23,805 | -44,688 | 18,432 | |
14 |
19,113 | 8,098 | -23,805 | -44,688 | 18,432 | |
17/49 |
9,088 | 83,431 | 109,122 | 128,514 | 40,467 | |
42/48 |
9,088 | 83,431 | 109,122 | 128,514 | 40,467 | |
43 |
- | 2,611 | 2,611 | - | - | |
430/8 |
- | 2,611 | 2,611 | - | - | |
44 |
5,407 | 80,820 | 105,744 | 79,202 | 4,309 | |
440/4 |
5,407 | 37,241 | 62,165 | 35,623 | 4,309 | |
441 |
- | 43,579 | 43,579 | 43,579 | - | |
45 |
3,680 | - | 767 | 5,460 | 4,693 | |
450/3 |
3,680 | - | 767 | 5,460 | 4,693 | |
47/48 |
- | - | - | 43,852 | 31,465 | |
| Income statement | ||||||
9900 |
29,837 | 43,973 | 33,791 | -53,558 | 28,550 | |
630 |
11,401 | 6,813 | 11,057 | 8,833 | 5,174 | |
640/8 |
4,264 | 5,135 | 1,651 | 2,029 | 251 | |
9901 |
14,172 | 32,024 | 21,083 | -64,420 | 23,125 | |
75/76B |
578 | - | - | - | - | |
75 |
578 | - | - | - | - | |
65/66B |
55 | 122 | 199 | 270 | - | |
65 |
55 | 122 | 199 | 270 | - | |
9903 |
14,695 | 31,903 | 20,884 | -64,690 | 23,125 | |
67/77 |
3,680 | - | - | - | 4,693 | |
9904 |
11,015 | 31,903 | 20,884 | -64,690 | 18,432 | |
9905 |
11,015 | 31,903 | 20,884 | -64,690 | 18,432 | |
| Appropriation of the result | ||||||
9906 |
19,113 | 8,098 | -23,805 | -44,688 | 18,432 | |
14P |
8,098 | -23,805 | -44,688 | 20,001 | - | |
| Document | ||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 02-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 02-10-2026 | 2026-00545528 | |
| 31-03-2025 | micro format | 28-09-2025 | 2025-00511908 | |
| 31-03-2024 | micro format | 16-10-2024 | 2024-00508167 | |
| 31-03-2023 | micro format | 31-10-2023 | 2023-00507624 | |
| 31-03-2022 | micro format | 16-12-2022 | 2022-20544577 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| 25,573 | 38,838 | 32,139 | -55,586 | 28,299 | ||
| 22,416 | 38,716 | 31,940 | -55,856 | 23,606 | ||
| 3,303 | 32,012 | 1,222 | 17,942 | 15,521 | ||
| -5,825 | 6,359 | -7,656 | 5,580 | - | ||
| -4,297 | -26,722 | -33,426 | -64,144 | 8,085 | ||
| 67.8% | 8.8% | -27.9% | -53.3% | 31.3% | ||
| 0.53 | 0.68 | 0.69 | 0.50 | 1.20 | ||
| 0.48 | 10.30 | - | - | 2.20 | ||
| 57.6% | 394.0% | - | - | 100.0% | ||
| 39.1% | 34.9% | 24.5% | -77.2% | 31.3% | ||
| over 100 | over 100 | over 100 | -205.91 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,303 | €32,012 | €1,222 | - | €15,521 |
| €11,401 | €6,813 | €11,057 | €8,833 | €5,174 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 56% lower than in 2025 and the lowest since 2023.
Debt's share of the balance-sheet total falls from 91.2% to 32.2%. Equity is higher and debt is lower.
CDL TECHNICAL has no parent and no holdings in its annual accounts. CDL TECHNICAL shares no director with another company.
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Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Nieuwstraat 118 registered office 1730 Asse | ||
| Vandenboogaerdestraat 90 1080 Molenbeek-Saint-Jean | 01-01-2021 | 2.313.745.255 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23002F0049/00Z005 | Flanders | 1.1 ha | 1 · 2,214 m² | 14.5 m · 2 |
| 21012A0074/00P005 | Brussels | 228 m² | 1 · 141 m² | 14.5 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0759.867.217
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