CORDEEL GLEN
ActiveSummary
CORDEEL GLEN has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,039 and a net result of €30,780. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 45% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 06-07-2011 Normal situation
- Activity
- Plumbing work NACE 43221and 2 others
- Establishment unit
- 2.200.646.423 9120 Beveren-Kruibeke-Zwijndrecht, since 14-07-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 17-03-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €63,229
- ▲ 80.0%
- Turnover
- ≈ €250,000
- estimated
- Profit
- €30,780
- ▲ 193%
- Equity
- €69,039
- ▲ 46.1%
- Total assets
- €161,772
- ▲ 19.1%
- Staff
- ≈ 0 FTE
- estimated
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Size: total assets €161,772lowers riskFounded in 2011Figures for financial year 2025 (filed on 18-07-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46% of them on solvency, 51% on liquidity, 79% on profitability and 82% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 33 days after 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)
Recent changes
- · Gazette deed Change of role: Glen Cordeel, from manager to directorResignation: Grietje Cordeel (manager)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as CORDEEL GLEN: plumbing work (NACE 43221). They are comparable in size and age: total assets between €127,000 and €187,000, founded between 2009 and 2013.
| Company | Total assets | Gross margin |
|---|---|---|
| CORDEEL GLEN Beveren-Kruibeke-Zwijndrecht | €161,772 | €63,229 |
| PEKO INSTALLATIONS Assenede | €187,313 | €69,015 |
| BILLIEF Hasselt | €159,972 | €56,188 |
| AANNEMINGEN MARC DE WEIRDT Stabroek | €143,220 | €68,994 |
| FLOORPROJECTS Lebbeke | €135,486 | €64,419 |
| M3 Construct Geraardsbergen | €174,562 | €85,447 |
| CV-Team Gent | €126,914 | €51,552 |
Key facts about CORDEEL GLEN
- What is the company number of CORDEEL GLEN?
- The company number of CORDEEL GLEN is 0837.622.813. The VAT number is the same number with BE in front: BE 0837.622.813.
- Where is CORDEEL GLEN based?
- The registered office is at Edgard Tinelstraat(BEV) 31, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
- What does CORDEEL GLEN do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of CORDEEL GLEN?
- The legal form of CORDEEL GLEN is Private limited company (BV).
- When was CORDEEL GLEN founded?
- CORDEEL GLEN was founded on 06-07-2011.
- Is CORDEEL GLEN still active?
- Yes, CORDEEL GLEN is an active enterprise in the KBO register.
- What is the turnover of CORDEEL GLEN?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €63,229 and 108 comparable companies (NACE 432). It probably lies between €180,000 and €360,000.Financials
- Is CORDEEL GLEN profitable?
- In financial year 2025, CORDEEL GLEN made a profit of €30,780.
- Where can I find the annual accounts of CORDEEL GLEN?
- CORDEEL GLEN filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CORDEEL GLEN due?
- CORDEEL GLEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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