CPDV
ActiveSummary
CPDV has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181k and a net result of €31k. Equity is growing by ~32.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-24
Solvency58▼-42
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 11.01 in 2024; short-term debt: 8.4% and cash: 8.8% of total assets), but 67.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.8%
Return on assets
5.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
6 d late
2024
71 d early
2023
41 d early
2022
8 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€181k▲ 20.9%
2024 · €150k
2022: €62klowest in 4 years
2023: €105k▲ +68.7% vs 2022
2024: €150k▲ +43.0% vs 2023
2025: €181k▲ +20.9% vs 2024highest in 4 years
2022 → 2025
Total assets
€553k▲ 236%
2024 · €165k
2022: €73klowest in 4 years
2023: €130k▲ +78.1% vs 2022
2024: €165k▲ +26.7% vs 2023
2025: €553k▲ +236% vs 2024highest in 4 years
2022 → 2025
Net result
€31k▼ 30.5%
2024 · €45k
2022: €61khighest in 4 years
2023: €43k▼ -30.2% vs 2022
2024: €45k▲ +5.6% vs 2023
2025: €31k▼ -30.5% vs 2024lowest in 4 years
2022 → 2025
Working capital
€49k▼ 66.4%
2024 · €146k
2022: €53k
2023: €96k▲ +80.9% vs 2022
2024: €146k▲ +51.3% vs 2023highest in 4 years
2025: €49k▼ -66.4% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€62k-€105k▲ 68.7%€150k▲ 43.0%€181k▲ 20.9%
2022: €62klowest in 4 years
2023: €105k▲ +68.7% vs 2022
2024: €150k▲ +43.0% vs 2023
2025: €181k▲ +20.9% vs 2024highest in 4 years
Operating result€77k-€54k▼ 29.4%€58k▲ 6.1%€49k▼ 15.1%
2022: €77khighest in 4 years
2023: €54k▼ -29.4% vs 2022
2024: €58k▲ +6.1% vs 2023
2025: €49k▼ -15.1% vs 2024lowest in 4 years
Net result€61k-€43k▼ 30.2%€45k▲ 5.6%€31k▼ 30.5%
2022: €61khighest in 4 years
2023: €43k▼ -30.2% vs 2022
2024: €45k▲ +5.6% vs 2023
2025: €31k▼ -30.5% vs 2024lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €553k
Fixed assets
€458k ▲ 9,753%
Current assets
€95k ▼ 40.4%
Equity and liabilities €553k
Equity
€181k ▲ 20.9%
Debt
€372k ▲ 2,430%
Debt's share of the balance-sheet total rises from 8.9% to 67.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€78k▲
2024 · €62k
Cash flow
€60k▲
2024 · €49k
Current ratio
2.05▼
2024 · 11.01
Debt to equity
2.05▲
2024 · 0.10
ROE
17.3%▼
2024 · 30.1%
ROA
5.7%▼
2024 · 27.4%
Interest coverage
16.83▼
2024 · 1391.20
Debt ≤ 1 year
€47k▲
2024 · €15k
Debt > 1 year
€326k
Income taxes
€13k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€165k€553k▲
Fixed assets21/28€5k€458k▲
Tangible fixed assets22/27€5k€458k▲
Land and buildings22-€454k
Furniture and vehicles24€3k€5k▲
Other tangible fixed assets26€2k-
Current assets29/58€160k€95k▼
Amounts receivable within one year40/41€853€46k▲
Trade receivables40€853€46k▲
Cash at bank and in hand54/58€140k€49k▼
Deferred charges and accrued income490/1€19k€722▼
Equity and liabilities
Total equity and liabilities10/49€165k€553k▲
Equity10/15€150k€181k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€149k€180k▲
Amounts payable17/49€15k€372k▲
Amounts payable after more than one year17-€326k
Financial debts170/4-€326k
Amounts payable within one year42/48€15k€47k▲
Current portion of amounts payable after more than one year42-€18k
Trade debts44€417€2k▲
Suppliers440/4€417€2k▲
Taxes, remuneration and social security45€13k€25k▲
Taxes450/3€10k€25k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€1k€1k▲
Accrued charges and deferred income492/3€167-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€29k▲
Other operating charges640/8-€2k
Gross operating margin9900€62k€80k▲
Operating profit (loss)9901€58k€49k▼
Financial income75/76B-€61
Recurring financial income75-€61
Financial charges65/66B€44€5k▲
Recurring financial charges65€44€5k▲
Profit (loss) for the period before taxes9903€57k€44k▼
Income taxes67/77€12k€13k▲
Profit (loss) for the period9904€45k€31k▼
Profit (loss) for the period to be appropriated9905€45k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€149k€180k▲
Profit (loss) brought forward from the previous period14P€104k€149k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €4k | €29k | ▲ 605% |
| Other operating charges640/8 | - | - | - | €2k | - |
| Gross operating margin9900 | €81k | €58k | €62k | €80k | ▲ 29.4% |
| Operating profit (loss)9901 | €77k | €54k | €58k | €49k | ▼ 15.1% |
| Financial income75/76B | €11 | - | - | €61 | - |
| Recurring financial income75 | €11 | - | - | €61 | - |
| Financial charges65/66B | €62 | €80 | €44 | €5k | ▲ 10,308% |
| Recurring financial charges65 | €62 | €80 | €44 | €5k | ▲ 10,308% |
| Profit (loss) for the period before taxes9903 | €77k | €54k | €57k | €44k | ▼ 22.9% |
| Income taxes67/77 | €15k | €11k | €12k | €13k | ▲ 4.9% |
| Profit (loss) for the period9904 | €61k | €43k | €45k | €31k | ▼ 30.5% |
| Profit (loss) for the period to be appropriated9905 | €61k | €43k | €45k | €31k | ▼ 30.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €73k | €130k | €165k | €553k | ▲ 236% |
| Fixed assets21/28 | €9k | €9k | €5k | €458k | ▲ 9,753% |
| Tangible fixed assets22/27 | €9k | €9k | €5k | €458k | ▲ 9,753% |
| Land and buildings22 | - | - | - | €454k | - |
| Furniture and vehicles24 | €5k | €5k | €3k | €5k | ▲ 78.0% |
| Other tangible fixed assets26 | €4k | €3k | €2k | - | - |
| Current assets29/58 | €64k | €121k | €160k | €95k | ▼ 40.4% |
| Amounts receivable within one year40/41 | €3k | €7k | €853 | €46k | ▲ 5,283% |
| Trade receivables40 | €3k | €7k | €853 | €46k | ▲ 5,283% |
| Cash at bank and in hand54/58 | €61k | €102k | €140k | €49k | ▼ 65.2% |
| Deferred charges and accrued income490/1 | - | €13k | €19k | €722 | ▼ 96.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €73k | €130k | €165k | €553k | ▲ 236% |
| Equity10/15 | €62k | €105k | €150k | €181k | ▲ 20.9% |
| Contributions10/11 | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €61k | €104k | €149k | €180k | ▲ 21.0% |
| Amounts payable17/49 | €11k | €25k | €15k | €372k | ▲ 2,430% |
| Amounts payable after more than one year17 | - | - | - | €326k | - |
| Financial debts170/4 | - | - | - | €326k | - |
| Amounts payable within one year42/48 | €11k | €25k | €15k | €47k | ▲ 220% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18k | - |
| Trade debts44 | €363 | €88 | €417 | €2k | ▲ 463% |
| Suppliers440/4 | €363 | €88 | €417 | €2k | ▲ 463% |
| Taxes, remuneration and social security45 | €10k | €24k | €13k | €25k | ▲ 88.1% |
| Taxes450/3 | €10k | €22k | €10k | €25k | ▲ 142% |
| Remuneration and social security454/9 | - | €3k | €3k | - | - |
| Other amounts payable47/48 | €291 | €727 | €1k | €1k | ▲ 6.8% |
| Accrued charges and deferred income492/3 | - | - | €167 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61k | €43k | €45k | €31k | ▼ 30.5% |
| + Depreciation and write-downs630 | €4k | €4k | €4k | €29k | ▲ 605% |
| Operating cash flow (approximation) | €65k | €47k | €49k | €60k | ▲ 22.1% |
| Investment in fixed assets (approximation) | - | €-4k | €0 | €-482k | - |
| Change in cash | - | €40k | €38k | €-91k | ▼ 338% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Weakest financial yearnet €31k ▼30.5%
Net result drops to €31k, the lowest in the series.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 11.01
Current ratio from 4.84 to 11.01; short-term debt falls from €25k to €15k.
31-12
Financial
Equity above €150kEq €150k ▲43%
3 profitable years in a row build equity to €150k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €105k ▲68.7%
2 profitable years in a row build equity to €105k.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are 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, Schaarbeek · 1 establishment unit since 2021
Ground area
286 m²
Building footprint
94 m²
Volume, LiDAR
795 m³
Parcel 21903B0302/00B002, Brussels · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CPDV
since 20212.320.424.102
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21903B0302/00B002 | Brussels | 286 m² | 1 · 93 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
De Zutter Project Management
BE 0838.172.149
Wuustwezel · Eq €181,375
VLIC
BE 0612.956.559
Schilde · Eq €181,388
GESGO
BE 0883.521.728
Grimbergen · Eq €181,374
TAKHIM FOR TECHNOLOGY AND BUSINESS SERVICES
BE 0769.577.907
Wavre · Eq €181,391
Nesya Goris LifeSciences Consulting
BE 0723.875.762
Schoten · Eq €181,400
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,613 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.