Claude CORDY
ActiveClaude CORDY has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96k and a net result of €-2k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 41% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-1
Solvency65▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.64 in 2024; short-term debt: 45.4% and cash: 20.4% of total assets), and 60.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
39.5%
Return on assets
-0.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
8 d early
2023
40 d early
2022
48 d early
2021
38 d early
2020
9 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€96k▼ 2.5%
2024 · €98k
2019: €103k
2020: €114k
2021: €119k
2022: €121k
2023: €97k
2024: €98k
2019 → 2025
Total assets
€242k▲ 4.3%
2024 · €232k
2019: €385k
2020: €398k
2021: €371k
2022: €284k
2023: €252k
2024: €232k
2019 → 2025
Net result
€-2k
2024 · €1k
2019: €8k
2020: €8k
2021: €6k
2022: €2k
2023: €-23k
2024: €1k
2019 → 2025
Working capital
€39k▼ 28.4%
2024 · €54k
2019: €45k
2020: €52k
2021: €52k
2022: €44k
2023: €28k
2024: €54k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€119k-€121k▲ 1.4%€97k▼ 19.4%€98k▲ 0.7%€96k▼ 2.5%
Operating result€11k-€10k▼ 14.1%€-19k€6k€2k▼ 63.9%
Net result€6k-€2k▼ 61.9%€-23k€1k€-2k
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 2025; 2025 is 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €242k
Fixed assets
€93k▲ 1.1%
Current assets
€149k▲ 6.5%
Equity and liabilities €242k
Equity
€96k▼ 2.5%
Debt
€147k▲ 9.3%
The debt ratio rises from 57.7% to 60.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€41k▲
2024 · €38k
Cash flow
€37k▲
2024 · €33k
Solvency
39.5%▼
2024 · 42.3%
Current ratio
1.35▼
2024 · 1.64
Quick ratio
1.00▼
2024 · 1.27
Debt / equity
1.53▲
2024 · 1.37
ROE
-1.9%▼
2024 · 1.4%
ROA
-0.8%▼
2024 · 0.6%
Interest coverage
9.65▼
2024 · 10.97
Debt
€147k▲
2024 · €134k
Debt ≤ 1 year
€110k▲
2024 · €85k
Debt > 1 year
€34k▼
2024 · €37k
Income taxes
€293▲
2024 · €199
Staff costs
€186k▲
2024 · €115k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€232k€242k▲
Fixed assets21/28€92k€93k▲
Tangible fixed assets22/27€92k€93k▲
Land and buildings22€89k€64k▼
Plant, machinery and equipment23€1k€4k▲
Furniture and vehicles24€2k€2k▼
Leasing and similar rights25-€23k
Financial fixed assets28€135€135=
Current assets29/58€140k€149k▲
Stocks and contracts in progress3€32k€39k▲
Stocks30/36€32k€39k▲
Amounts receivable within one year40/41€68k€54k▼
Trade receivables40€53k€44k▼
Other amounts receivable41€15k€10k▼
Cash at bank and in hand54/58€32k€49k▲
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€232k€242k▲
Equity10/15€98k€96k▼
Contributions10/11€12k€12k=
Reserves13€38k€83k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€16k€16k=
Distributable reserves133€20k€65k▲
Profit (loss) carried forward14€47k€640▼
Investment grants15€600-
Amounts payable17/49€134k€147k▲
Amounts payable after more than one year17€37k€34k▼
Financial debts170/4€37k€34k▼
Amounts payable within one year42/48€85k€110k▲
Current portion of amounts payable after more than one year42€16k€21k▲
Trade debts44€62k€66k▲
Suppliers440/4€62k€66k▲
Taxes, remuneration and social security45€5k€23k▲
Taxes450/3€345€3k▲
Remuneration and social security454/9€5k€20k▲
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€12k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€81€10k▲
Remuneration, social security and pensions62€115k€186k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€39k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€282€-3k▼
Other operating charges640/8€4k€8k▲
Gross operating margin9900€157k€232k▲
Operating profit (loss)9901€6k€2k▼
Financial income75/76B€601€686▲
Recurring financial income75€601€686▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€3k€4k▲
Non-recurring financial charges66B€1k-
Profit (loss) for the period before taxes9903€2k€-2k▼
Income taxes67/77€199€293▲
Profit (loss) for the period9904€1k€-2k▼
Profit (loss) for the period to be appropriated9905€1k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€46k▼
Profit (loss) brought forward from the previous period14P€46k€47k▲
Transfer to equity691/2-€45k
To other reserves6921-€45k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-23k ▼1092%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
2022
14-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
24-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
18-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gedinne · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Bois-d'Auge, Houdr. 75575 GedinneGround area
3,046 m²
Building footprint
415 m²
Volume, LiDAR
3,050 m³
2 parcels, Wallonia · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Charreau, Houdr. 8, 5575 Gedinne
since 19942.068.763.441
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91069A0137/00Y000 | Wallonia | 2,513 m² | 1 · 159 m² | 7.2 m · 2 fl. |
| 91069A0154/00R002 | Wallonia | 533 m² | 1 · 256 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Bouvry Koen
BE 0899.892.754
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SERDONGS INTERIEUR
BE 0459.956.776
Pelt · Eq €96k
L.B. INTERIEUR
BE 0832.904.356
Beringen · Eq €96k
JORBEN VERBEKE
BE 0794.732.084
Zonnebeke · Eq €96k
SVC ALLIANCE
BE 0479.955.901
Braine-le-Comte · Eq €96k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,696 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-08-1994
Fiscal year end30-06
Activities, NACEBEL
43320Joinery installation
43410Roofing work
45421
43221Plumbing work
45220
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.