Financials
- Fiscal year
- 2025
- Turnover
- €12.8m
- Loss
- -€591,082
- Solvency
- 27.0%
Turnover▼ 10.5%
Net result
20182025
CDM STRAVITEC
ActiveSummary
CDM STRAVITEC has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of -€591,082. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 29% of 2284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Insulation installation
NACE 43230Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials NACE 16282NACE 16292
#1 company by total assets in Overijse, Construction sector2 sites
Size
€12.8mturnover 2025
- Staff
- 43.9 FTE
- Equity
- €4.5m
- Loss
- -€591,082
Structure
- Parent
- Themelio · 85.27%
- Board
- 3 members
- Holdings
- 8
Auditor: VGD BedrijfsrevisorenAccounts filed 17 d late2 of 26 deeds read
Why 65- Latest accounts 17 days late; 2 of the last 3 late- Liquidity: current ratio 1.24, cash €761,128- Sector Specialised construction activities (NACE 43)+ Founded in 1986Show the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 18% of its sector peers (NACE 43, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
52-4
equity 27.0% of total assets
Liquidity
21-3
short-term debt 66.0% · cash 4.6%
Profitability
10+5
return on assets -3.6%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.1%
12-2024: 0.8%▼ -21.8% vs 11-2024
01-2025: 0.8%● 0.0% vs 12-2024
02-2025: 0.8%▼ -3.5% vs 01-2025lowest value
03-2025: 0.8%▲ +1.0% vs 02-2025
04-2025: 0.8%● 0.0% vs 03-2025
05-2025: 0.8%▲ +3.0% vs 04-2025
06-2025: 0.8%▲ +0.4% vs 05-2025
07-2025: 0.9%▲ +8.5% vs 06-2025
08-2025: 1.4%▲ +55.0% vs 07-2025
09-2025: 1.6%▲ +12.1% vs 08-2025
10-2025: 2.1%▲ +30.3% vs 09-2025
11-2025: 2.4%▲ +16.1% vs 10-2025
12-2025: 2.4%● 0.0% vs 11-2025
01-2026: 2.4%● 0.0% vs 12-2025
02-2026: 2.3%▼ -2.9% vs 01-2026
03-2026: 2.3%▼ -1.2% vs 02-2026
04-2026: 2.3%● 0.0% vs 03-2026
05-2026: 2.2%▼ -2.0% vs 04-2026
06-2026: 2.3%▲ +1.9% vs 05-2026
07-2026: 2.2%▼ -3.9% vs 06-2026
08-2026: 2.8%▲ +27.5% vs 07-2026highest value
09-2026: 0.9%▼ -66.3% vs 08-2026
10-2026: 0.9%● 0.0% vs 09-2026
- Latest accounts 17 days late; 2 of the last 3 late raises the probability
- Liquidity: current ratio 1.24, cash €761,128 raises the probability
- Sector Specialised construction activities (NACE 43) raises the probability
- Founded in 1986 lowers the probability for this profile
Credit up to €290,000 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.36 in 2024; short-term debt: 66% and cash: 4.6% of total assets), and 73% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, small). Better than this share of them on solvency 33%, liquidity 12%, profitability 6%, growth against the median 20%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€591,082
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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
17 d late
2024
67 d late
2023
99 d late
2022
109 d late
2021
9 d early
2020
3 d early
2019
24 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 37 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 6 October (4 of the last 5 filed years within 50 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Appointment: VGD Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Peter Bruggeman
- Resignations: Bruno Meira y Duran, Lkwadraat…Permanent representatives: Reinhilde Lanoye, Guillaume…
Key points
- Caution: Among the weakest 5% on net resultsector median €41,976 · 2,284 companies -€591,082 View
- Caution: Board changedlatest change 01-06-2026 · 3 in office 3 joined · 3 left View
- Positive: Result rose in 2025from -€1.6m to -€591,082 ▲ 62.7% View
- Controlled by Themelioultimately: CHOUCROUTE 85.27% View
- Caution: 2 loss-making years in a rowloss fiscal year 2025 -€591,082 View
- Flemish supportawarded 2022 - 2025 €309,424 View
By topic
Board & ownership
- Board
- 3 members
- Parent
- Themelio · 85.27%
- Auditor
- VGD Bedrijfsrevisoren
Go to Board & ownership
Network & group
- Group
- CHOUCROUTE
- Subsidiaries
- 8
- Connected companies
- 1
8 subsidiaries
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 17-08-2026Annual accounts filed
- 11-08-2026Appointment: VGD Bedrijfsrevisoren BV (statutory auditor)
- 01-06-2026Resignations: Bruno Meira y Duran, Lkwadraat bv…
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Insulation installationNACE 43230
- Founded
- 29-01-1986
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
See the provisions in the deeds
Go to Articles of associationGo further with this company
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