Turnover
≈ €120,000 estimated
The accounts state no turnover.
CORDEW
Lifetime
4 annual accounts with figures on one time axispeak €44,787 (2025)
€44,787▲ 35.7%
lowest -€10,622 (2022)
€820▼ 97.3%
peak €1.6m (2025)
€1.6m▲ 0.1%
€13,885▼ 32.1%
peak 0 FTE (2025)
0 FTE
Board1 name since 2022
1 director
Documentsfilings and deeds
26-03-2026127 days before the deadline
2025financial year
Gross margin from €33,012 to €44,787Result from €30,675 to €820Debts from €20,441 to €13,885Cash from €358,071 to €802,532
Key points
from the 2025 annual accountsFilings
4 annual accounts 5 filings since 2022
The last four annual accounts were filed 66 to 135 days before the end of the period.
Position in the sector
99.1%
Higher solvency than 95% of companies in real estate. Sector median 38.2% · 5,812 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 501 companies had the same profile as CORDEW has now. Each dot stands for 2 companies, two years later.
96.2%
were still trading
3.0%
stopped another way
0.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
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.
| 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 501 companies, not a prediction for CORDEW. 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
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Signals
Board and ownership
Director, since 20-01-2022
- 21 sharesdeed of 02-02-2023
- 21 sharesdeed of 02-02-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0780718554
Purpose change
“Les activités de marchand de biens immeubles; La réparation,l'entretien,le lavage,et la mise en couleur de…” (deed in French) · General meeting of 27-01-2023 · Gazette deed
Demerger: CORDEW splits off to DECOR
Capital increase of €224,937.63 · 42 new shares · holds 21 shares · General meeting of 28-12-2022 · Gazette deed
Demerger proposal: DECOR splits off to CORDEW
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CORDEW Tournai | €1.6m | €44,787 | 99.1% | 0 |
| AK Development Namur | €1.1m | €66,230 | 23.4% | 0 |
| NEUTS VASTGOED Mol | €1.7m | €105,072 | 84.1% | 0 |
| SOLVAS REAL ESTATE Lievegem | €1.3m | €39,564 | 2.0% | 0 |
| ES Vastgoed Bree | €1.0m | €77,354 | 12.2% | 0 |
| PARESTA Rijkevorsel | €2.3m | €71,983 | 0.2% | 0 |
| EGP IMMO Ghent | €1.5m | €111,198 | 6.2% | 0 |
These companies have the same main activity as CORDEW: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €1m and €2.3m, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 21-01-2022Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 4 others
- Establishment unit
- 2.329.351.7637500 Tournai, since 21-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 29-08-2025
Annual accounts 2025
- €1.6m▼ 0.4%
- Filing
- Filed on 26-03-2026, 127 days before the end of the filing period
Insights on CORDEW
The gross margin has grown every year since 2022.
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 CORDEW
- What is the company number of CORDEW?
- The company number of CORDEW is 0780.718.554. The VAT number is the same number with BE in front: BE 0780.718.554.
- Where is CORDEW based?
- The registered office is at Rue des Brasseurs 41, 7500 Tournai.Company details
- What does CORDEW do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of CORDEW?
- CORDEW is a private limited company (BV).
- When was CORDEW founded?
- CORDEW was founded on 21-01-2022.
- Is CORDEW still active?
- Yes, CORDEW is an active enterprise in the KBO register.
- What is the turnover of CORDEW?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €44,787 and 32 comparable companies (NACE 681). It probably lies between €67,000 and €250,000.Financials
- Is CORDEW profitable?
- In financial year 2025, CORDEW made a profit of €820.
- Where can I find the annual accounts of CORDEW?
- CORDEW filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CORDEW due?
- CORDEW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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