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CMDR

Active Private limited company (pre-2019)founded 2013active for 12 yearsOud Korenhuis 44, 1000 BrusselsKBO/BCE: BE 0541.833.486

Annual accounts 2025

micro format, filed on 21-08-2026, 21 days late
-€6,193
▼ €18,192
-€7,299
▼ €18,830
-€6,653
▼ €18,215
-€7,663
▼ €16,090
70.8%
▼ 3.5 percentage points
3.31
▼ 0.53

Turnover and EBIT margin are not published. The micro format does not require them.

Money flows

no detail for 2025

Balance sheet

balance sheet total €62,898 on 31-12-2025
What the company ownsHow it is paid for

in euro

Position in the sector

70.8%

Higher than 67% of 8,615 companies in 2025.

3.31

Higher than 66% of 8,291 companies in 2025.

-13.2%

Higher than 13% of 8,400 companies in 2025.

CMDR Middle half of the sector 80% of the sector Micro accounts in advertising and market research (NACE 73)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014
Balance sheet: assets
20/58 62,89871,08652,32591,38882,78981,82174,62084,992112,998272,480228,386143,295
20 -------0----
21/28 2,2361,2301501505569621501501,0422,7045,0325,571
21 ----0--06231,3442,0642,784
22/27 2,0861,080--406812-02691,2102,8182,637
22 -------0----
23 2,0861,080--406812-0----
24 -------02691,2102,8182,637
26 -------0----
27 -------0----
28 150150150150150150150150150150150150
29/58 60,66269,85652,17591,23882,23380,85974,47084,842111,956269,777223,354137,724
29 60,45858,65737,40674,16674,16674,16666,83875,891100,00060,189--
290 -------0----
291 60,45858,65737,40674,16674,16674,16666,83875,891100,00060,189--
3 -------0----
30/36 -------0----
37 -------0----
40/41 20411,14314,0359,9963,6301,2187,2608,3268,00374,009112,22679,138
40 20411,14314,0353,6303,6301,2187,2608,32630355,13339,1215,651
41 ---6,366---07,70018,87673,10573,488
50/53 -------0----
54/58 -577334,5772,1935,4752634653,789133,260110,90057,266
490/1 ---2,4992,243-1091601642,3192281,320
Balance sheet: equity and liabilities
10/49 62,89871,08652,32591,38882,78981,82174,62084,992112,998272,480228,386143,295
10/15 44,55152,85944,46329,87472,61266,77364,81941,05859,41912,3108,0558,055
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,55018,55018,55018,55018,55018,550
101 ------12,35012,35012,35012,35012,35012,350
11 -----6,200-0----
1100/10 -------0----
1109/19 -----6,200------
12 -------0----
13 38,94138,94130,54515,95658,69452,85552,85552,85552,8551,8551,8551,855
130/1 1,8551,8551,8551,8551,8551,855-0----
130 ------1,8551,8551,8551,8551,8551,855
1311 1,8551,8551,8551,8551,8551,855------
1312 -------0----
1319 -------0----
132 -------0----
133 37,08637,08628,69014,10156,83951,00051,00051,00051,000---
14 -5907,7187,7187,7187,7187,7185,764-17,9973644,255--
15 -------0----
19 -------0----
16 -------0----
160/5 -------0----
160 -------0----
161 -------0----
162 -------0----
163 -------0----
164/5 -------0----
168 -------0----
17/49 18,34718,2277,86161,51310,17715,0489,80143,93453,579260,171220,331135,240
17 -------0----
170/4 -------0----
175 -------0----
176 -------0----
178/9 -------0----
42/48 18,34718,2277,86161,51310,17715,0489,80143,93453,57980,045220,331135,240
42 -------0----
43 528------0----
430/8 528------0----
439 -------0----
44 2,00012,5143,2574,6192,0009,1944,2631,3451,16517,18115,44914,224
440/4 2,00012,5143,2574,6192,0009,1944,2631,3451,16517,18115,44914,224
441 -------0----
46 -------0----
45 5575,7134,6045,8943,5345,8545,53842,58842,41562,86499,54247,105
450/3 5575,7134,6045,8943,5345,8545,53842,58842,41562,86499,54247,105
454/9 -------0----
47/48 15,261--51,0004,643--010,000-105,34073,911
492/3 -------0-180,125--
Income statement
70 ---------341,915--
76A -------0----
9900 -6,19311,99817,39310,2176,93570726,779-16,935106,26513,738168,481119,392
60/61 ---------330,574--
62 -------0----
630 64631-40640640608921,6612,3282,4322,043
631/4 -------0----
635/8 -------0----
640/8 460436384348348348348348695695152100
649 -------0----
66A -------0----
9901 -7,29911,53117,0089,4646,181-4726,431-18,175103,90810,715165,898117,250
75/76B 1,8011,4521,8632,2772,3132,8921,42038254304484206
75 1,8011,4521,8632,2772,3132,8921,42038254304484206
76B -------0----
65/66B 4151621781131232375582234522,9401,6091,656
65 4151621781131232375582234522,9401,6091,656
66B -------0----
9903 -5,91212,82118,69311,6278,3722,60827,294-18,361103,7118,078164,773115,800
67/77 2,3964,4254,1043,3652,5336543,533046,6023,82359,43240,034
9904 -8,3088,39614,5898,2625,8391,95423,761-18,36157,1094,255105,34075,766
789 -------0----
689 -------0----
9905 -8,3088,39614,5898,2625,8391,95423,761-18,36157,1094,255105,34075,766
Appropriation of the result
9906 -59016,11422,30715,98013,5577,7185,764-17,99761,3644,255105,34075,766
14P 7,7187,7187,7187,7187,718-------
791/2 ---51,000---0----
691/2 -8,39614,5898,2625,839--051,000--1,855
691 -------0----
6920 -------0---1,855
6921 -8,39614,5898,2625,839--051,000---
694/7 ---51,000---010,000-105,34073,911
694 ---51,000---010,000-105,34073,911
695 -------0----
696 -------0----
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The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 21-08-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 21 days after the deadline. Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00411553.

Financial year Type Filed Reference Document
31-12-2025 micro format 21-08-2026 2026-00411553 PDF
31-12-2024 micro format 20-06-2025 2025-00157967 PDF
31-12-2023 micro format 10-08-2024 2024-00338513 PDF
31-12-2022 micro format 21-08-2023 2023-00356304 PDF
31-12-2021 micro format 25-06-2022 2022-20101529 PDF
31-12-2020 micro format 03-07-2021 2021-31300125 PDF
31-12-2019 micro format 26-11-2020 2020-73700091 PDF
31-12-2018 micro format 21-08-2019 2019-49000361 PDF
31-12-2017 micro format 31-07-2018 2018-41200401 PDF
31-12-2016 micro format 29-08-2017 2017-52800354 PDF
31-12-2015 full format 05-07-2016 2016-27500492 PDF
31-12-2014 full format 09-07-2015 2015-28700567 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014
-6,65311,562-9,8706,58736026,431-17,283105,57013,043168,329119,292
-7,6638,427-8,6686,2452,36023,761-17,46958,7716,583107,77277,809
1,6521,111-001,21800001,8937,613
--676-3,8442,384-3,2815,212-202-3,324-129,47222,36053,634-
42,31551,63044,31329,72472,05665,81164,66940,90858,377189,7313,0232,484
---------3.1%--
70.8%74.4%85.0%32.7%87.7%81.6%86.9%48.3%52.6%4.5%3.5%5.6%
3.313.836.641.488.085.377.601.932.093.371.011.02
0.410.340.182.060.140.230.151.070.9021.1427.3516.79
-18.6%15.9%32.8%27.7%8.0%2.9%36.7%-44.7%96.1%34.6%-940.6%
-13.2%11.8%27.9%9.0%7.1%2.4%31.8%-21.6%50.5%1.6%46.1%52.9%
-16.0571.39-87.0653.77-------
---------59 days--
---------19 days--

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€1,652€1,111---
€646€31-€406€406

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CMDR

The operating result for 2025 is a loss of €7,299, after a profit of €11,531 in 2024. It is the lowest result since 2018.

Debt's share of the balance-sheet total rises from 25.6% to 29.2%. Equity is lower and debt is higher.

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