CDMC
ActiveSummary
The computed 12-month bankruptcy probability of CDMC is 1.5% (moderate). The 2024 annual accounts show equity of €25,590 and a net result of €8,174. Equity is growing by ~46.9% per year across the filed fiscal years. The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability84=
Solvency64▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.63 in 2023; short-term debt: 28.6% and cash: 12.6% of total assets), but 60.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
39.3%
Return on assets
12.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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
56 d late
2023
26 d late
2022
16 d late
2021
4 d late
2020
8 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 16 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€25,590▲ 46.9%
2023 · €17,416
Total assets
€65,156▲ 15.9%
2023 · €56,195
Net result
€8,174▲ 16.1%
2023 · €7,039
Working capital
€20,039▲ 113%
2023 · €9,418
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-€2,259-€1,735▲ 23.2%€9,945€16,456▲ 65.5%€15,830▼ 3.8%
Net result-€6,372-€7,008▼ 10.0%€9,856€7,039▼ 28.6%€8,174▲ 16.1%
Equity€7,529▼ 45.8%€521▼ 93.1%€10,376▲ 1,893%€17,416▲ 67.8%€25,590▲ 46.9%
Total assets€69,598▼ 22.0%€58,959▼ 15.3%€58,812▼ 0.2%€56,195▼ 4.4%€65,156▲ 15.9%
Debt€62,069▼ 17.6%€58,438▼ 5.8%€48,436▼ 17.1%€38,780▼ 19.9%€39,566▲ 2.0%
Working capital-€14,050▼ 459%-€14,359▼ 2.2%€3,483€9,418▲ 170%€20,039▲ 113%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65,156
Fixed assets
€26,514 ▼ 17.0%
Current assets
€38,641 ▲ 59.3%
Equity and liabilities €65,156
Equity
€25,590 ▲ 46.9%
Debt
€39,566 ▲ 2.0%
Debt's share of the balance-sheet total falls from 69.0% to 60.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21,251▼
2023 · €22,311
Cash flow
€13,596▲
2023 · €12,894
Current ratio
2.08▲
2023 · 1.63
Debt to equity
1.55▼
2023 · 2.23
ROE
31.9%▼
2023 · 40.4%
ROA
12.5%▲
2023 · 12.5%
Interest coverage
8.71▼
2023 · 15.52
Debt ≤ 1 year
€18,602▲
2023 · €14,841
Debt > 1 year
€20,964▼
2023 · €23,938
Income taxes
€5,295▼
2023 · €7,984
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,879 | €12,604 | €11,850 | €5,855 | €5,422 | ▼ 7.4% |
| Other operating charges640/8 | - | €2,769 | €1,921 | €2,427 | €2,271 | ▼ 6.4% |
| Gross operating margin9900 | €18,781 | €13,637 | €23,716 | €24,737 | €23,523 | ▼ 4.9% |
| Operating profit (loss)9901 | -€2,259 | -€1,735 | €9,945 | €16,456 | €15,830 | ▼ 3.8% |
| Financial income75/76B | - | €0 | €0 | €5 | €80 | ▲ 1,494% |
| Recurring financial income75 | €0 | €0 | €0 | €5 | €80 | ▲ 1,494% |
| Financial charges65/66B | - | €1,873 | €1,292 | €1,437 | €2,441 | ▲ 69.8% |
| Recurring financial charges65 | €2,942 | €1,873 | €1,292 | €1,437 | €2,441 | ▲ 69.8% |
| Profit (loss) for the period before taxes9903 | -€5,201 | -€3,608 | €8,653 | €15,024 | €13,469 | ▼ 10.3% |
| Income taxes67/77 | €1,171 | €3,400 | -€1,202 | €7,984 | €5,295 | ▼ 33.7% |
| Profit (loss) for the period9904 | -€6,372 | -€7,008 | €9,856 | €7,039 | €8,174 | ▲ 16.1% |
| Profit (loss) for the period to be appropriated9905 | -€6,372 | -€7,008 | €9,856 | €7,039 | €8,174 | ▲ 16.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69,598 | €58,959 | €58,812 | €56,195 | €65,156 | ▲ 15.9% |
| Fixed assets21/28 | €56,563 | €45,698 | €34,478 | €31,936 | €26,514 | ▼ 17.0% |
| Tangible fixed assets22/27 | €56,563 | €45,698 | €34,478 | €31,781 | €26,359 | ▼ 17.1% |
| Land and buildings22 | - | €22,657 | €20,615 | €18,574 | €16,501 | ▼ 11.2% |
| Furniture and vehicles24 | - | €23,042 | €2,194 | €825 | €212 | ▼ 74.3% |
| Other tangible fixed assets26 | - | - | €11,668 | €12,381 | €9,646 | ▼ 22.1% |
| Financial fixed assets28 | - | - | - | €155 | €155 | = |
| Current assets29/58 | €13,035 | €13,261 | €24,335 | €24,259 | €38,641 | ▲ 59.3% |
| Amounts receivable within one year40/41 | - | - | - | €7,046 | €30,386 | ▲ 331% |
| Trade receivables40 | - | - | - | - | €12,765 | - |
| Other amounts receivable41 | - | - | - | €7,046 | €17,621 | ▲ 150% |
| Current investments50/53 | €9,206 | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €13,261 | €11,561 | €17,213 | €8,184 | ▼ 52.5% |
| Deferred charges and accrued income490/1 | - | - | €12,774 | - | €71 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69,598 | €58,959 | €58,812 | €56,195 | €65,156 | ▲ 15.9% |
| Equity10/15 | €7,529 | €521 | €10,376 | €17,416 | €25,590 | ▲ 46.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€11,071 | -€18,079 | -€8,224 | -€1,184 | €6,990 | ▲ 690% |
| Amounts payable17/49 | €62,069 | €58,438 | €48,436 | €38,780 | €39,566 | ▲ 2.0% |
| Amounts payable after more than one year17 | €34,984 | €30,819 | €27,584 | €23,938 | €20,964 | ▼ 12.4% |
| Financial debts170/4 | - | €30,819 | €27,584 | €23,938 | €20,964 | ▼ 12.4% |
| Amounts payable within one year42/48 | €27,085 | €27,619 | €20,852 | €14,841 | €18,602 | ▲ 25.3% |
| Current portion of amounts payable after more than one year42 | - | €4,165 | €3,234 | €3,383 | €3,538 | ▲ 4.6% |
| Trade debts44 | €2,717 | €5,047 | €2,089 | €74 | €1,782 | ▲ 2,304% |
| Suppliers440/4 | - | €5,047 | €2,089 | €74 | €1,782 | ▲ 2,304% |
| Taxes, remuneration and social security45 | - | €3,400 | €437 | €9,421 | €10,780 | ▲ 14.4% |
| Taxes450/3 | - | €3,400 | €437 | €9,421 | €10,780 | ▲ 14.4% |
| Other amounts payable47/48 | - | €15,007 | €15,092 | €1,963 | €2,502 | ▲ 27.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,372 | -€7,008 | €9,856 | €7,039 | €8,174 | ▲ 16.1% |
| + Depreciation and write-downs630 | €17,879 | €12,604 | €11,850 | €5,855 | €5,422 | ▼ 7.4% |
| Operating cash flow (approximation) | €11,507 | €5,595 | €21,705 | €12,894 | €13,596 | ▲ 5.4% |
| Investment in fixed assets (approximation) | - | -€1,739 | -€629 | -€3,313 | €0 | ▲ 100% |
| Change in cash | - | - | -€1,700 | €5,652 | -€9,029 | ▼ 260% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Back to profitnet €9,856
Net result €9,856 after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.17
Current ratio from 0.48 to 1.17; short-term debt falls from €27,619 to €20,852.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Weakest financial yearnet -€7,008
Net result drops to -€7,008, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €13,686
Net result €13,686 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial 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.
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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, Crisnée · 2 establishment units since 2003
Ground area
1,604 m²
Building footprint
386 m²
Volume, LiDAR
7,311 m³
3 parcels, Wallonia · tallest building 29.7 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
CDMC
since 20032.135.509.933
Boulevard d'Avroy 160-162, 4000 Liège
since 20172.267.966.896
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64414A0206/00F000 | Wallonia | 1,019 m² | 1 · 103 m² | 8.0 m · 2 fl. |
| 62805B0217/00C000 | Wallonia | 503 m² | 1 · 233 m² | 29.7 m · 9 fl. |
| 64414A0123/00D002 | Wallonia | 81 m² | 1 · 50 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-12-2003
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0862305749
Also
9925:BE0862305749
Registered
10-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.