Checked.be · Company dossierhttps://checked.be/en/c/cost-reduction-organization-0597955708 · as of 13-11-2026
Cost Reduction Organization
ActiveRisk: not assessedPrivate limited company · founded 2015 · active for 11 yearsPrinsessestraat 21, 8870 IzegemKBO/BCE: BE 0597.955.708subsidiary of Name after signing inVisible after signing in
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Turnover not published (abbreviated or micro format)
Checked score
Outside the general model
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0597955708
Resignation: Name after signing inVisible after signing in (manager)
Reappointment: Name hiddenVisible after signing in (director) · Hidden nameVisible after signing in holds all the shares · Gazette deed
Registered office moved from Zwevegem to Izegem
New registered office: Prinsessestraat 21 te 8870 Izegem · Previous registered office: Vredelaan 37/A te 8550 Zwevegem · Resignation: Name after signing inVisible after signing in (manager) · General meeting of 02-07-2019 · Gazette deed
Incorporation
published on 17-02-2015 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Cost Reduction Organization: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €140,000 and €230,000, founded between 2012 and 2016.
Cost Reduction Organization files the abbreviated format. That format states no turnover. The gross margin fell from -€1,857 in 2015 to -€5,029 in 2025.
Name after signing inVisible after signing in holds all the shares.