Skip to content

CSD PROPERTY

Active
Private limited companyfounded 20232 yrs activePlace Communale 11, 1380 Lasne, BelgiumKBO/BCE: BE 1002.579.726
Summary

The computed 12-month bankruptcy probability of CSD PROPERTY is 2.8% (moderate). The 2025 annual accounts show equity of €26,039 and a net result of €5,241. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability46▲+20
Solvency34▲+12
Growth78
Track record82
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.09 against 0.01 in 2024; short-term debt: 24.8% and cash: 0.7% of total assets), and 91.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
8.9%
Return on assets
1.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 2 filings
Deviation from the deadline
2025
18 d late
2024
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 22 days after 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.
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CSD PROPERTY was incorporated on 23 November 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€26,039
2024 · -€9,203
Total assets
€293,234▼ 2.1%
2024 · €299,585
Net result
€5,241
2024 · -€9,203
Working capital
-€65,889▲ 34.8%
2024 · -€101,032
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€1,138-€14,122
Net result-€9,203-€5,241
Equity-€9,203-€26,039
Total assets€299,585-€293,234▼ 2.1%
Debt€308,788-€267,195▼ 13.5%
Working capital-€101,032--€65,889▲ 34.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000Operating result 2024: -€1,138-€1,138Net result 2024: -€9,203-€9,203Operating result 2025: €14,122€14,122Net result 2025: €5,241€5,24120242025-€10,000€0€10,000Operating result 2024: -€1,138-€1,140Net result 2024: -€9,203-€9,200Operating result 2025: €14,122€14,100Net result 2025: €5,241€5,24020242025
The operating result returns to profit in 2025: €14,122 after a loss of €1,138 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293,234
Fixed assets €286,485 ▼ 4.1%
Current assets €6,749 ▲ 659%
Equity and liabilities €293,234
Equity €26,039
Debt €267,195
Debt finances 91.1% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26,332▲
2024 · €11,273
Cash flow
€17,452▲
2024 · €3,209
Current ratio
0.09▲
2024 · 0.01
Debt to equity
10.26
ROE
20.1%
ROA
1.8%▲
2024 · -3.1%
Interest coverage
2.97▲
2024 · 1.39
Debt ≤ 1 year
€72,638▼
2024 · €101,921
Debt > 1 year
€194,557▼
2024 · €206,866
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.3% stopped otherwise
92% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,135 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€299,585€293,234▼
Fixed assets21/28€298,695€286,485▼
Tangible fixed assets22/27€298,695€286,485▼
Land and buildings22€298,695€286,485▼
Current assets29/58€890€6,749▲
Amounts receivable within one year40/41-€4,575
Trade receivables40-€4,575
Cash at bank and in hand54/58€890€2,174▲
Equity and liabilities
Total equity and liabilities10/49€299,585€293,234▼
Equity10/15-€9,203€26,039▲
Contributions10/11-€30,000
Profit (loss) carried forward14-€9,203-€3,961▲
Amounts payable17/49€308,788€267,195▼
Amounts payable after more than one year17€206,866€194,557▼
Financial debts170/4€206,866€194,557▼
Amounts payable within one year42/48€101,921€72,638▼
Current portion of amounts payable after more than one year42€12,287€12,780▲
Trade debts44€3,930-
Suppliers440/4€3,930-
Other amounts payable47/48€85,704€59,859▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,411€12,211▼
Other operating charges640/8€2,173€2,302▲
Gross operating margin9900€13,446€28,634▲
Operating profit (loss)9901-€1,138€14,122▲
Financial income75/76B€45-
Recurring financial income75€45-
Financial charges65/66B€8,109€8,880▲
Recurring financial charges65€8,109€8,880▲
Profit (loss) for the period before taxes9903-€9,203€5,241▲
Profit (loss) for the period9904-€9,203€5,241▲
Profit (loss) for the period to be appropriated9905-€9,203€5,241▲
Appropriation of the result
Profit (loss) to be appropriated9906-€9,203-€3,961▲
Profit (loss) brought forward from the previous period14P--€9,203

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,411€12,211▼ 1.6%
Other operating charges640/8€2,173€2,302▲ 5.9%
Gross operating margin9900€13,446€28,634▲ 113%
Operating profit (loss)9901-€1,138€14,122▲ 1,341%
Financial income75/76B€45--
Recurring financial income75€45--
Financial charges65/66B€8,109€8,880▲ 9.5%
Recurring financial charges65€8,109€8,880▲ 9.5%
Profit (loss) for the period before taxes9903-€9,203€5,241▲ 157%
Profit (loss) for the period9904-€9,203€5,241▲ 157%
Profit (loss) for the period to be appropriated9905-€9,203€5,241▲ 157%
Line20242025Change
Assets
Total assets20/58€299,585€293,234▼ 2.1%
Fixed assets21/28€298,695€286,485▼ 4.1%
Tangible fixed assets22/27€298,695€286,485▼ 4.1%
Land and buildings22€298,695€286,485▼ 4.1%
Current assets29/58€890€6,749▲ 659%
Amounts receivable within one year40/41-€4,575-
Trade receivables40-€4,575-
Cash at bank and in hand54/58€890€2,174▲ 144%
Equity and liabilities
Total equity and liabilities10/49€299,585€293,234▼ 2.1%
Equity10/15-€9,203€26,039▲ 383%
Contributions10/11-€30,000-
Profit (loss) carried forward14-€9,203-€3,961▲ 57.0%
Amounts payable17/49€308,788€267,195▼ 13.5%
Amounts payable after more than one year17€206,866€194,557▼ 6.0%
Financial debts170/4€206,866€194,557▼ 6.0%
Amounts payable within one year42/48€101,921€72,638▼ 28.7%
Current portion of amounts payable after more than one year42€12,287€12,780▲ 4.0%
Trade debts44€3,930--
Suppliers440/4€3,930--
Other amounts payable47/48€85,704€59,859▼ 30.2%
Line20242025Change
Profit (loss) for the period9904-€9,203€5,241▲ 157%
+ Depreciation and write-downs630€12,411€12,211▼ 1.6%
Operating cash flow (approximation)€3,209€17,452▲ 444%
Investment in fixed assets (approximation)-€0-
Change in cash-€1,284-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial Back to profitnet €5,241
Net result €5,241 after one loss-making year.
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lasne
exact location from the address register On OpenStreetMap
Ground area
66 m²
Parcel 25076C0183/00H000, Wallonia. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25076C0183/00H000 Wallonia 65 m² - -
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.

Company details

Identification
Legal formPrivate limited company
Founded23-11-2023
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002579726
Also 9925:BE1002579726
Registered 21-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.