Financials
- Fiscal year
- 2025
- Total assets
- €788,670
- Profit
- €103,475
- Solvency
- 75.3%
Total assets▲ 15.1%
Net result
20182025
CORDIPA
ActiveSummary
CORDIPA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €593,812 and a net result of €103,475. Equity is shrinking by ~7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Activity not known
Size
€788,670total assets 2025
- Equity
- €593,812
- Profit
- €103,475
Turnover not published (abridged schema)
Structure
Accounts filed 6 d late0 of 6 deeds read
Why 97- No establishment unit in the KBO+ Size: total assets €788,670+ Equity €593,812 (75.3% of total assets)+ Liquidity: current ratio 1.64, cash €193,707Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Better than 75% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100+3
equity 75.3% of total assets
Liquidity
77+27
short-term debt 15.3% · cash 24.6%
Profitability
85+76
return on assets 13.1%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 12 months
11-2025: 0.2%
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%● 0.0% vs 12-2025
02-2026: 0.2%▲ +0.5% vs 01-2026
03-2026: 0.2%● 0.0% vs 02-2026
04-2026: 0.2%▲ +3.7% vs 03-2026
05-2026: 0.2%▲ +1.0% vs 04-2026
06-2026: 0.2%▲ +0.5% vs 05-2026
07-2026: 0.2%▲ +3.0% vs 06-2026
08-2026: 0.4%▲ +108% vs 07-2026highest value
09-2026: < 0.1%▼ -91.5% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Size: total assets €788,670 lowers the probability for this profile
- Equity €593,812 (75.3% of total assets) lowers the probability
- Liquidity: current ratio 1.64, cash €193,707 lowers the probability
- No establishment unit in the KBO raises the probability
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.64 against 0.26 in 2024; short-term debt: 15.3% and cash: 24.6% of total assets), and 24.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 71%, profitability 69%, growth against the median 77%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
35 d early
2023
7 d early
2022
32 d early
2021
29 d late
2020
9 d late
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Back to profitnet €103,475
- Liquidity times 6current ratio 1.64
Key points
By topic
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 06-08-2026Annual accounts filed
- 31-12-2025Back to profit
- 31-12-2025Liquidity times 6
Company details
- Legal form
- Public limited company
- Founded
- 15-02-1989
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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