Equity
€461,039 ▲ 34.2%
CORDON has made a profit without a break since 2021.
CORDON
Lifetime
9 annual accounts with figures on one time axispeak €248,228 (2024)
€247,454▼ 0.3%
lowest -€15,964 (2020)
€141,578▼ 22.1%
peak €461,039 (2025)
€461,039▲ 34.2%
€201,834▼ 9.6%
Board2 names since 2016
2 directorsVan Welden Wilfried and 1 other
Documentsfilings and deeds
27-02-202627 days late
2025micro format
Equity from €343,460 to €461,039Cash from €120,433 to €67,416
Key points
from the 2025 annual accountsFilings
9 annual accounts 8 late
The 2023 accounts came latest: 29 days after the end of the period.
Position in the sector
€141,578
Higher net result than 91% of companies in head offices and management consultancy. Sector median €27,132 · 39,384 companies.
Checked score
95
Excellent
Financially stronger than 62% of micro companies in head offices and management consultancy (NACE 70)
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: 0.1% across 48,572 companies (NACE 70, 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%▲ +0.1 percentage points vs 01-2025highest value
03-2025: < 0.1%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025lowest value
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: 0.1%▲ +0.1 percentage points vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €662,873
Figures for financial year 2025 (filed on 05-03-2026)
Equity €461,039 (69.6% 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 70, micro). It does better than 65% of them on solvency, 45% on liquidity, 65% on profitability and 75% 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 30-06-2025.
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, 17,811 companies had the same profile as CORDON has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of CORDON 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.
| 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 17,811 companies, not a prediction for CORDON. 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 €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.83 (2.99 in 2024), above the usual 1.5. Short-term debt is 22.2% and cash 10.2% of total assets. 30.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
27 days late
2024
4 days late
2023
29 days late
2022
28 days late
2021
28 days late
2020
28 days late
2019
9 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 19 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 February (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0659786278
Appointment: Isabelle Allijns (manager)
General meeting of 17-06-2019 · Gazette deed
Resignation: Allijns Isabelle (manager)
General meeting of 31-05-2017 · Gazette deed
Incorporation
published on 22-07-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CORDON Kortrijk | €662,873 | €247,454 | 69.6% | - |
| Karma Consult Bruges | €704,137 | €234,980 | 22.8% | - |
| TRAFFICONLINE Torhout | €600,347 | €242,490 | 58.9% | - |
| BOERAEVE SOFIE TANDARTS Izegem | €596,339 | €231,615 | 47.0% | - |
| KREATIV INVESTMENTS De Panne | €686,178 | €217,644 | 10.2% | - |
| Luvali Waregem | €720,590 | €229,462 | 28.0% | - |
| EMRECO Waregem | €709,532 | €291,732 | 16.0% | - |
These companies have the same main activity as CORDON: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €596,000 and €721,000, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 19-07-2016Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.254.901.6898500 Kortrijk, since 19-07-2016
- Financial year end
- 30 June
- Peppol
- Reachable since 28-11-2025
Annual accounts to 30-06-2025
- ≈ €420,000estimated
- €662,873▲ 17.0%
- Filing
- Filed on 27-02-2026
Insights on CORDON
CORDON files the micro format. That format states no turnover. The gross margin rose from €95,242 in 2017 to €247,454 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 CORDON
- What is the company number of CORDON?
- The company number of CORDON is 0659.786.278. The VAT number is the same number with BE in front: BE 0659.786.278.
- Where is CORDON based?
- The registered office is at Loodwitstraat 73, 8500 Kortrijk.Company details
- What does CORDON do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of CORDON?
- CORDON is a private limited company (pre-2019) (BVBA).
- When was CORDON founded?
- CORDON was founded on 19-07-2016.
- Is CORDON still active?
- Yes, CORDON is an active enterprise in the KBO register.
- What is the turnover of CORDON?
- The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €247,454 and 109 comparable companies (NACE 70200). It probably lies between €350,000 and €500,000.Financials
- Is CORDON profitable?
- In financial year 2025, CORDON made a profit of €141,578.
- Where can I find the annual accounts of CORDON?
- CORDON filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CORDON due?
- CORDON must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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