CORDU
ActiveThe computed 12-month bankruptcy probability of CORDU is 1.6% (moderate). The 2025 annual accounts show equity of €164k and a net result of €-8k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 13009 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
70
/ 100
Healthy▼ -16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-48
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.22 against 2.23 in 2024), and 30.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-01-2026, 113 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
113 d early
2024
55 d early
2023
42 d early
2022
47 d early
2021
47 d early
2020
59 d early
2019
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€164k▼ 4.7%
2024 · €172k
2018: €7k
2019: €35k
2020: €77k
2021: €123k
2022: €141k
2023: €157k
2024: €172k
2018 → 2025
Total assets
€236k▼ 3.4%
2024 · €245k
2018: €191k
2019: €181k
2020: €231k
2021: €250k
2022: €262k
2023: €260k
2024: €245k
2018 → 2025
Net result
€-8k
2024 · €16k
2018: €24k
2019: €28k
2020: €47k
2021: €47k
2022: €18k
2023: €17k
2024: €16k
2018 → 2025
Working capital
€87k▼ 1.7%
2024 · €89k
2018: €-94k
2019: €-95k
2020: €-60k
2021: €-1k
2022: €32k
2023: €62k
2024: €89k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€123k-€141k▲ 14.3%€157k▲ 11.3%€172k▲ 9.9%€164k▼ 4.7%
Operating result€62k-€30k▼ 51.7%€28k▼ 6.0%€24k▼ 13.4%€-8k
Net result€47k-€18k▼ 61.1%€17k▼ 9.2%€16k▼ 1.9%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €24k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€77k▼ 7.8%
Current assets
€159k▼ 1.1%
Equity and liabilities €236k
Equity
€164k▼ 4.7%
Debt
€72k▼ 0.5%
The debt ratio rises from 29.6% to 30.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€14k▼
2024 · €51k
Cash flow
€14k▼
2024 · €43k
Solvency
69.5%▼
2024 · 70.4%
Current ratio
2.22▼
2024 · 2.23
Quick ratio
2.18▼
2024 · 2.19
Debt / equity
0.44▲
2024 · 0.42
ROE
-4.9%▼
2024 · 9.5%
ROA
-3.4%▼
2024 · 6.7%
Interest coverage
6.38▼
2024 · 15.37
Debt
€72k▼
2024 · €72k
Debt ≤ 1 year
€72k▼
2024 · €72k
Income taxes
€0▼
2024 · €7k
Staff costs
€240k▼
2024 · €249k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€245k€236k▼
Fixed assets21/28€84k€77k▼
Tangible fixed assets22/27€83k€76k▼
Land and buildings22€59k€48k▼
Plant, machinery and equipment23€20k€15k▼
Furniture and vehicles24€3k€13k▲
Financial fixed assets28€688€688=
Current assets29/58€161k€159k▼
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€57k€37k▼
Trade receivables40€47k€31k▼
Other amounts receivable41€10k€6k▼
Current investments50/53€0-
Cash at bank and in hand54/58€99k€116k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€245k€236k▼
Equity10/15€172k€164k▼
Contributions10/11€19k€19k=
Reserves13€154k€146k▼
Tax-exempt reserves132€11k€11k=
Distributable reserves133€143k€135k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€72k€72k▼
Amounts payable within one year42/48€72k€72k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€25k€26k▲
Suppliers440/4€25k€26k▲
Taxes, remuneration and social security45€23k€26k▲
Taxes450/3€971€448▼
Remuneration and social security454/9€22k€25k▲
Other amounts payable47/48€24k€20k▼
Accrued charges and deferred income492/3€290€290=
Income statement
Code20242025
Remuneration, social security and pensions62€249k€240k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€22k▼
Other operating charges640/8€7k€6k▼
Non-recurring operating charges66A€793€0▼
Gross operating margin9900€308k€259k▼
Operating profit (loss)9901€24k€-8k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€284▼
Non-recurring financial income76B-€2k
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€23k€-8k▼
Income taxes67/77€7k€0▼
Profit (loss) for the period9904€16k€-8k▼
Profit (loss) for the period to be appropriated9905€16k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€-8k▼
Transfer from equity791/2-€8k
Transfer to equity691/2€16k€0▼
To other reserves6921€16k€0▼
Profit to be distributed694/7€859€0▼
Return on contributions (dividend)694€859€0▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-8k ▼149%
Net result drops to €-8k, the lowest in the series.
06-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150kEq €157k ▲11.3%
6 profitable years in a row build equity to €157k.
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €47k ▲0.6%
Operating result €62k, net result €47k, both a record.
30-09
Financial
Equity above €100kEq €123k ▲60.4%
4 profitable years in a row build equity to €123k.
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Temse · 2 establishment units since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Viadukt 119140 TemseGround area
1,624 m²
Building footprint
525 m²
Volume, LiDAR
2,107 m³
3 parcels, Flanders · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
CORDU BVBA
since 19942.069.286.944
TEMPO LUNCH
since 19962.069.287.043
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034C0632/00X000 | Flanders | 959 m² | 1 · 253 m² | 8.6 m · 2 fl. |
| 46302D1498/00G008 | Flanders | 460 m² | 1 · 163 m² | - |
| 46302D1409/00L005 | Flanders | 205 m² | 1 · 109 m² | 13.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteTemse2.069.287.043
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AMPURIA
BE 0464.904.370
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QUAI RIMBAUD
BE 1022.283.196
Wavre · Eq €164k
CASA PACO
BE 0829.405.329
Ans · Eq €164k
ALHAMBRA FASHION
BE 0769.330.853
Antwerpen · Eq €164k
DEDROP
BE 1002.654.059
Tenneville · Eq €164k
Of 21,633 companies in sector 56112 we hold annual accounts for 9,658. 7,024 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-1994
Fiscal year end30-09
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.