CDLEX
ActiveSummary
CDLEX has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,777 and a net result of €661. Equity has been growing by about 35% per year since 2023. Its solvency ranks better than 41% of 15,784 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 31-03-2023 Normal situation
- Activity
- Activities of lawyers NACE 69101
- Joint committee
- 336 Paritair Comité voor de vrije beroepen · annual accounts 2023
- Establishment unit
- 2.344.233.840 6900 Marche-en-Famenne, since 31-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 13-12-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €17,900
- ▼ 79.7%
- Turnover
- ≈ €100,000
- estimated
- Profit
- €661
- ▼ 98.7%
- Equity
- €71,777
- ▲ 0.9%
- Total assets
- €151,999
- ▼ 7.0%
- Staff
- ≈ 0 FTE
- estimated
Score breakdownlowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 1.05, cash €78,704Figures for financial year 2025 (filed on 30-06-2026)Size: total assets €151,999Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 69, micro). It does better than 44% of them on solvency, 62% on liquidity, 18% on profitability and 40% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 13 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 97% lower than in 2024 and the lowest since 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2023 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | - |
| part-time | 1 | - |
| in full-time equivalents | 0.5 | - |
| Average over the year, in full-time equivalents | 0.5 | 0.1 |
| Joined | 1 | 0 |
| Left | 0 | 1 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €2,000 | €2,737 | - |
| Intangible fixed assets | €100,000 | - | - |
| Financial fixed assets | €205 | - | - |
| Depreciation and write-downs of the year | €10,828 | €13,607 | €13,851 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €11,293 | €3,137 | €121 | ▼ 96.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,828 | €13,607 | €13,851 | ▲ 1.8% |
| Other operating charges640/8 | €1,866 | €1,010 | €560 | ▼ 44.5% |
| Non-recurring operating charges66A | - | - | €1,055 | - |
| Gross operating margin9900 | €46,987 | €88,165 | €17,900 | ▼ 79.7% |
| Operating profit (loss)9901 | €23,000 | €70,412 | €2,314 | ▼ 96.7% |
| Financial income75/76B | - | €11 | €1 | ▼ 90.8% |
| Recurring financial income75 | - | €11 | €1 | ▼ 90.8% |
| Financial charges65/66B | €102 | €164 | €153 | ▼ 6.6% |
| Recurring financial charges65 | €102 | €164 | €153 | ▼ 6.6% |
| Profit (loss) for the period before taxes9903 | €22,897 | €70,259 | €2,162 | ▼ 96.9% |
| Income taxes67/77 | €6,465 | €21,174 | €1,501 | ▼ 92.9% |
| Profit (loss) for the period9904 | €16,432 | €49,084 | €661 | ▼ 98.7% |
| Profit (loss) for the period to be appropriated9905 | €16,432 | €49,084 | €661 | ▼ 98.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €111,911 | €163,373 | €151,999 | ▼ 7.0% |
| Formation expenses20 | €97 | - | - | - |
| Fixed assets21/28 | €92,249 | €81,475 | €67,625 | ▼ 17.0% |
| Intangible fixed assets21 | €90,548 | €78,048 | €65,548 | ▼ 16.0% |
| Tangible fixed assets22/27 | €1,496 | €3,222 | €1,872 | ▼ 41.9% |
| Plant, machinery and equipment23 | - | €2,393 | €1,709 | ▼ 28.6% |
| Furniture and vehicles24 | €1,496 | €829 | €163 | ▼ 80.4% |
| Financial fixed assets28 | €205 | €205 | €205 | = |
| Current assets29/58 | €19,565 | €81,898 | €84,375 | ▲ 3.0% |
| Amounts receivable within one year40/41 | €2,964 | €5,214 | €5,191 | ▼ 0.4% |
| Trade receivables40 | €2,964 | €3,277 | €5,191 | ▲ 58.4% |
| Other amounts receivable41 | - | €1,937 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €16,392 | €70,661 | €78,704 | ▲ 11.4% |
| Deferred charges and accrued income490/1 | €209 | €6,023 | €479 | ▼ 92.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €111,911 | €163,373 | €151,999 | ▼ 7.0% |
| Equity10/15 | €22,032 | €71,117 | €71,777 | ▲ 0.9% |
| Contributions10/11 | €5,600 | €5,600 | €5,600 | = |
| Reserves13 | €16,000 | €46,000 | €46,000 | = |
| Distributable reserves133 | €16,000 | €46,000 | €46,000 | = |
| Profit (loss) carried forward14 | €432 | €19,517 | €20,177 | ▲ 3.4% |
| Amounts payable17/49 | €89,879 | €92,257 | €80,222 | ▼ 13.0% |
| Amounts payable within one year42/48 | €89,879 | €92,257 | €80,222 | ▼ 13.0% |
| Trade debts44 | €6,431 | €8,963 | €5,673 | ▼ 36.7% |
| Suppliers440/4 | €6,431 | €8,963 | €5,673 | ▼ 36.7% |
| Taxes, remuneration and social security45 | €11,738 | €14,104 | €15,549 | ▲ 10.2% |
| Taxes450/3 | €7,782 | €14,104 | €8,863 | ▼ 37.2% |
| Remuneration and social security454/9 | €3,955 | - | €6,686 | - |
| Other amounts payable47/48 | €71,710 | €69,190 | €58,999 | ▼ 14.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,432 | €49,084 | €661 | ▼ 98.7% |
| + Depreciation and write-downs630 | €10,828 | €13,607 | €13,851 | ▲ 1.8% |
| Operating cash flow (approximation) | €27,261 | €62,691 | €14,512 | ▼ 76.9% |
| Investment in fixed assets (approximation) | - | -€2,833 | €0 | - |
| Change in cash | - | €54,269 | €8,043 | ▼ 85.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,546 companies had the same profile as CDLEX has now. Two years later, 94.3% were still going and 2.3% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CDLEX itself is lower: < 0.1% within 12 months. It rests on far more data about CDLEX than the profile alone.
Test of the method
The method was tested on the 497,446 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 2,546 companies, not a prediction for CDLEX. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- DEBATTY Cécile Claire Lisette 100 shares (100%) · €5,600 in cash
Capital transactions
- 04-04-2023 Incorporation · €5,600 · 100 shares
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “État résumant situation active et passive arrêté à date ne remontant pas à plus de trois mois, rapport justificatif établi par organe…”
Articles of association, deed of 04-04-2023 (in French)
Network & group
CDLEX shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of CDLEX. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
04-04
Gazette deed
IncorporationStarting capital €5,600 · Appointment: DEBATTY Cécile Claire Lisette (director) · Bank account8 points ▸
- Incorporation, 30-03-2023
- Founding capital, €5,600
- Bank account, “société en formation, BE78 3632 3047 6686” (deed in French)
- Capital
- Registered office clause, “6900 Marche-en-Famenne, Hargimont, rue du Presbytère”, 38 (deed in French)
- Board rule, 1, “assemblée” (deed in French)
- Director appointment, DEBATTY Cécile Claire Lisette (director (not named in the articles))
- Founder, DEBATTY Cécile Claire Lisette
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 83022A0231/02K000 | Wallonia | 3,016 m² | 1 · 185 m² | 9.0 m · 2 |