CDV AGRI CONSTRUCT
ActiveSummary
CDV AGRI CONSTRUCT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €261,337 and a net result of €158,966. Equity is growing by ~27.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability93▲+26
Solvency58▲+12
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.02 in 2023; short-term debt: 31% and cash: 5.4% of total assets), but 67.5% of the assets are financed with debt.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
43 d early
2024
23 d early
2023
13 d early
2022
32 d early
2021
23 d early
2020
19 d early
2019
21 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 25 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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 8 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€261,337▲ 155%
2023 · €102,371
Total assets
€803,431▲ 63.7%
2023 · €490,698
Net result
€158,966
2023 · -€5,903
Working capital
€245,501▲ 4,298%
2023 · €5,582
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€13,137▼ 75.2%€14,083▲ 7.2%€32,638▲ 132%€212▼ 99.4%€220,919▲ 104,127%
Net result€9,898within the sector's middle half▼ 79.1%€10,923within the sector's middle half▲ 10.4%€26,518above the sector's middle half▲ 143%-€5,903below the sector's middle half€158,966above the sector's middle half
Equity€70,833within the sector's middle half▲ 16.2%€81,756within the sector's middle half▲ 15.4%€108,274within the sector's middle half▲ 32.4%€102,371within the sector's middle half▼ 5.5%€261,337within the sector's middle half▲ 155%
Total assets€543,425above the sector's middle half▼ 4.1%€376,466above the sector's middle half▼ 30.7%€581,097above the sector's middle half▲ 54.4%€490,698within the sector's middle half▼ 15.6%€803,431within the sector's middle half▲ 63.7%
Debt€472,592▼ 6.6%€294,710▼ 37.6%€472,823▲ 60.4%€388,327▼ 17.9%€493,542▲ 27.1%
Working capital€36,559within the sector's middle half€9,337within the sector's middle half▼ 74.5%-€29,973below the sector's middle half€5,582within the sector's middle half€245,501within the sector's middle half▲ 4,298%
Solvency13.0%below the sector's middle half▲ 2.3pp21.7%within the sector's middle half▲ 8.7pp18.6%within the sector's middle half▼ 3.1pp20.9%below the sector's middle half▲ 2.2pp32.5%within the sector's middle half▲ 11.7pp
Current ratio1.15within the sector's middle half▲ 0.251.06within the sector's middle half▼ 0.090.89below the sector's middle half▼ 0.171.02within the sector's middle half▲ 0.131.98within the sector's middle half▲ 0.96
Return on assets (ROA)1.8%within the sector's middle half▼ 6.5pp2.9%within the sector's middle half▲ 1.1pp4.6%within the sector's middle half▲ 1.7pp-1.2%below the sector's middle half▼ 5.8pp19.8%above the sector's middle half▲ 21.0pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 104,127% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €803,431
Fixed assets
€308,634 ▲ 46.5%
Current assets
€494,797 ▲ 76.7%
Equity and liabilities €803,431
Equity
€261,337 ▲ 155%
Provisions
€48,553
Debt
€493,542 ▲ 27.1%
Debt's share of the balance-sheet total falls from 79.1% to 61.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€295,888▲
2023 · €126,613
Cash flow
€233,934▲
2023 · €120,498
Quick ratio
1.96▲
2023 · 0.97
Debt to equity
1.89▼
2023 · 3.79
ROE
60.8%▲
2023 · -5.8%
Interest coverage
30.11▲
2023 · 17.34
Debt ≤ 1 year
€249,296▼
2023 · €274,438
Debt > 1 year
€204,246▲
2023 · €113,889
Income taxes
€4,768▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.0% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 17,811 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,267 | €39,143 | €18,000 | €218,625 | ▲ 1,115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €117,310 | €96,311 | €114,630 | €126,401 | €74,969 | ▼ 40.7% |
| Other operating charges640/8 | - | €1,320 | €673 | €1,354 | €649 | ▼ 52.1% |
| Non-recurring operating charges66A | - | €0 | €1,200 | €0 | - | - |
| Gross operating margin9900 | €133,682 | €111,713 | €149,140 | €127,967 | €296,536 | ▲ 132% |
| Operating profit (loss)9901 | €13,137 | €14,083 | €32,638 | €212 | €220,919 | ▲ 104,127% |
| Financial income75/76B | - | €242 | €77 | €1,189 | €1,194 | ▲ 0.4% |
| Recurring financial income75 | €658 | €242 | €77 | €1,189 | €1,194 | ▲ 0.4% |
| Financial charges65/66B | - | €3,402 | €3,345 | €7,303 | €9,826 | ▲ 34.5% |
| Recurring financial charges65 | €3,897 | €3,402 | €3,345 | €7,303 | €9,826 | ▲ 34.5% |
| Profit (loss) for the period before taxes9903 | €9,898 | €10,923 | €29,370 | -€5,903 | €212,287 | ▲ 3,696% |
| Transfer from deferred taxes780 | - | - | - | - | €6,072 | - |
| Transfer to deferred taxes680 | - | - | - | - | €54,625 | - |
| Income taxes67/77 | - | - | €2,852 | €0 | €4,768 | - |
| Profit (loss) for the period9904 | €9,898 | €10,923 | €26,518 | -€5,903 | €158,966 | ▲ 2,793% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €18,217 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €163,875 | - |
| Profit (loss) for the period to be appropriated9905 | €9,898 | €10,923 | €26,518 | -€5,903 | €13,308 | ▲ 325% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €543,425 | €376,466 | €581,097 | €490,698 | €803,431 | ▲ 63.7% |
| Fixed assets21/28 | €263,001 | €200,957 | €337,079 | €210,678 | €308,634 | ▲ 46.5% |
| Intangible fixed assets21 | €167 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €262,835 | €200,957 | €337,079 | €210,678 | €308,634 | ▲ 46.5% |
| Plant, machinery and equipment23 | - | €162,408 | €312,005 | €191,888 | €119,812 | ▼ 37.6% |
| Furniture and vehicles24 | - | €38,549 | €20,889 | €15,029 | €185,485 | ▲ 1,134% |
| Other tangible fixed assets26 | - | - | €4,185 | €3,761 | €3,337 | ▼ 11.3% |
| Current assets29/58 | €280,423 | €175,509 | €244,018 | €280,020 | €494,797 | ▲ 76.7% |
| Stocks and contracts in progress3 | €91,784 | €40,815 | €6,788 | €13,483 | €7,188 | ▼ 46.7% |
| Stocks30/36 | - | €15,815 | €6,788 | €13,483 | €7,188 | ▼ 46.7% |
| Contracts in progress37 | - | €25,000 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €176,589 | €86,526 | €136,750 | €208,847 | €443,184 | ▲ 112% |
| Trade receivables40 | - | €71,655 | €99,502 | €207,594 | €442,139 | ▲ 113% |
| Other amounts receivable41 | - | €14,871 | €37,248 | €1,253 | €1,046 | ▼ 16.5% |
| Cash at bank and in hand54/58 | €11,732 | €47,590 | €99,250 | €57,021 | €43,009 | ▼ 24.6% |
| Deferred charges and accrued income490/1 | - | €578 | €1,230 | €669 | €1,415 | ▲ 112% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €543,425 | €376,466 | €581,097 | €490,698 | €803,431 | ▲ 63.7% |
| Equity10/15 | €70,833 | €81,756 | €108,274 | €102,371 | €261,337 | ▲ 155% |
| Contributions10/11 | - | €16,200 | €16,200 | €16,200 | €16,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €147,518 | ▲ 7,831% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | - | €145,658 | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €52,773 | €63,696 | €90,214 | €84,311 | €97,619 | ▲ 15.8% |
| Provisions and deferred taxes16 | - | - | - | - | €48,553 | - |
| Deferred taxes168 | - | - | - | - | €48,553 | - |
| Amounts payable17/49 | €472,592 | €294,710 | €472,823 | €388,327 | €493,542 | ▲ 27.1% |
| Amounts payable after more than one year17 | €196,227 | €128,538 | €198,832 | €113,889 | €204,246 | ▲ 79.3% |
| Financial debts170/4 | - | €128,538 | €198,832 | €113,889 | €204,246 | ▲ 79.3% |
| Amounts payable within one year42/48 | €243,864 | €166,172 | €273,991 | €274,438 | €249,296 | ▼ 9.2% |
| Current portion of amounts payable after more than one year42 | - | €67,690 | €95,301 | €84,942 | €65,847 | ▼ 22.5% |
| Trade debts44 | €124,776 | €53,616 | €71,910 | €95,826 | €41,136 | ▼ 57.1% |
| Suppliers440/4 | - | €53,616 | €71,910 | €95,826 | €41,136 | ▼ 57.1% |
| Taxes, remuneration and social security45 | - | €1,716 | €4,529 | €4,769 | €58,736 | ▲ 1,132% |
| Taxes450/3 | - | €336 | €3,149 | €3,389 | €54,824 | ▲ 1,518% |
| Remuneration and social security454/9 | - | €1,380 | €1,380 | €1,380 | €3,912 | ▲ 183% |
| Other amounts payable47/48 | - | €43,151 | €102,252 | €88,900 | €83,577 | ▼ 6.0% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | €40,000 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,898 | €10,923 | €26,518 | -€5,903 | €158,966 | ▲ 2,793% |
| + Depreciation and write-downs630 | €117,310 | €96,311 | €114,630 | €126,401 | €74,969 | ▼ 40.7% |
| Operating cash flow (approximation) | €127,209 | €107,234 | €141,147 | €120,498 | €233,934 | ▲ 94.1% |
| Investment in fixed assets (approximation) | - | -€34,267 | -€250,752 | €0 | -€172,925 | - |
| Change in cash | - | €35,858 | €51,660 | -€42,229 | -€14,012 | ▲ 66.8% |
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
Next filing, fiscal year 2026, expected by
2026
18-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €158,966
Net result €158,966 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €261,337 ▲155%
Equity rises from €102,371 to €261,337.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€5,903
Net result drops to -€5,903, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €108,274 ▲32.4%
4 profitable years in a row build equity to €108,274.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €47,409
Net result €47,409 after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Alveringem · 1 establishment unit since 2016
Ground area
2.1 ha
Building footprint
247 m²
Volume, LiDAR
986 m³
Parcel 38015B0193/00V000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CDV AGRI CONSTRUCT
since 20162.251.315.164
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38015B0193/00V000 | Flanders | 2.1 ha | 1 · 247 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,563 EUR awarded · 1,563 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 424 EUR | 424 EUR |
| 2024 | 1 | 212 EUR | 351 EUR |
| 2023 | 1 | 139 EUR | 0 EUR |
| 2022 | 1 | 788 EUR | 788 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAlveringem2.251.315.164
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Of 21,227 companies in sector 81300 we hold annual accounts for 4,369. 3,220 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
01610Support activities for crop production
25110Manufacture of metal structures and parts of structures
43120Site preparation
43230Insulation installation
43310Plastering work
43320Joinery installation
43341Painting of buildings
46832Wholesale of timber
E-invoicing
Reachable via Peppol
Peppol ID
0208:0649699070
Also
9925:BE0649699070
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.