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CNOCKAERT DAVID

Active Private limited companyfounded 2009active for 17 yearsSteenovenstraat 2, 8800 RoeselareKBO/BCE: BE 0819.590.909

Lifetime

16 annual accounts with figures on one time axis
peak €52,842 (2025)
€52,842▲ 250%
peak €37,047 (2025)
€37,047▲ 219%
peak €165,943 (2023)
€155,113▲ 0.7%
€58,794▲ 114%
Board1 name since 2021
1 directorCnockaert David
Documentsfilings and deeds
04-05-202688 days before the deadline
2025micro format
Gross margin from €15,115 to €52,842Result from €11,596 to €37,047Dividend €35,975Debts from €27,519 to €58,794Cash from €9,476 to €83,786

Key points

from the 2025 annual accounts

Equity

€155,113 ▲ 0.7%
154,0392024+37,047Profit-35,975Dividend+1Other155,1132025

CNOCKAERT DAVID paid out €35,975 in dividends. That is 97% of the 2025 profit.

Turnover

≈ €210,000 estimated

The micro format states no turnover.

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

The 2016 accounts came 7 days late. The other nine of the last ten were filed on time.

Checked score

96
Excellent
Financially stronger than 69% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026highest value 06-2026: 0.1%▼ -0.2 percentage points vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

98-2equity 72.5% of total assets
88+35short-term debt 27.5% · cash 39.2%
90+13return on assets 17.3%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 3.42, cash €83,786
Founded in 2009
Equity €155,113 (72.5% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 78% of them on solvency, 85% on liquidity, 76% on profitability and 37% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as CNOCKAERT DAVID has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of CNOCKAERT DAVID itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for CNOCKAERT DAVID. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €14,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.42 (6.03 in 2024), above the usual 1.5. Short-term debt is 27.5% and cash 39.2% of total assets. 27.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.42, cash €83,786
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €155,113 (72.5% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
88 days early
2024
27 days early
2023
34 days early
2022
38 days early
2021
44 days early
2020
12 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CD
Director, since 04-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0819590909
New director Cnockaert David appointed, Cnockaert David resigned · Director discharge: Cnockaert David · General meeting of 04-12-2023 · Gazette deed
Registered office moved from Zonnebeke to Rumbeke New registered office: Steenovenstraat 2, 8800 Rumbeke · Previous registered office: Berten Pilstraat 38, 8980 Zonnebeke · General meeting of 08-06-2020 · Gazette deed
Incorporation published on 22-10-2009 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
CNOCKAERT DAVID Roeselare €213,907 €52,842 72.5% -
ELEKTRO-TECHNICS-TANGHE SERVICE Houthulst €243,997 €53,126 97.0% -
DELTRONICS Ypres €256,336 €53,472 56.0% -
TAETS D. Bruges €253,036 €56,961 60.9% -
DE SLOOVERE Anzegem €249,558 €47,844 73.5% -
WALLYNS Deerlijk €233,354 €59,326 50.4% -
Electro Duquesne Wevelgem €251,454 €47,851 49.0% -

These companies have the same main activity as CNOCKAERT DAVID: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €233,000 and €256,000, founded between 2008 and 2011.

Official details

Source: KBO
Status
Active since 13-10-2009Normal situation
Activity
General electrical installation workNACE 43211
Establishment unit
2.182.054.4918800 Roeselare, since 13-10-2009
Financial year end
31 December
Peppol
Reachable since 06-10-2025
Company details

Annual accounts 2025

€213,907▲ 17.8%
Filing
Filed on 04-05-2026, 88 days before the end of the filing period
Financials

Insights on CNOCKAERT DAVID

CNOCKAERT DAVID files the micro format. That format states no turnover. The gross margin rose from €36,420 in 2010 to €52,842 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CNOCKAERT DAVID

What is the company number of CNOCKAERT DAVID?
The company number of CNOCKAERT DAVID is 0819.590.909. The VAT number is the same number with BE in front: BE 0819.590.909.
Where is CNOCKAERT DAVID based?
The registered office is at Steenovenstraat 2, 8800 Roeselare.Company details
What does CNOCKAERT DAVID do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of CNOCKAERT DAVID?
CNOCKAERT DAVID is a private limited company (BV).
When was CNOCKAERT DAVID founded?
CNOCKAERT DAVID was founded on 13-10-2009.
Is CNOCKAERT DAVID still active?
Yes, CNOCKAERT DAVID is an active enterprise in the KBO register.
What is the turnover of CNOCKAERT DAVID?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €52,842 and 40 comparable companies (NACE 43211). It probably lies between €130,000 and €330,000.Financials
Is CNOCKAERT DAVID profitable?
In financial year 2025, CNOCKAERT DAVID made a profit of €37,047.
Where can I find the annual accounts of CNOCKAERT DAVID?
CNOCKAERT DAVID filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CNOCKAERT DAVID due?
CNOCKAERT DAVID must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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