Parent and group
- CAPARBEL100%
Market D4 CBRA
ActiveSummary
Market D4 CBRA has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.6m and a net result of -€1.1m. Equity has been stable since 2018 (±0.3% per year). Its solvency ranks better than 92% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
Source: KBO- Status
- Active since 29-01-2013 Normal situation
- Registered office
- 25 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110and 1 other
- Joint committee
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
- Establishment unit
- 2.364.514.758 9200 Dendermonde, since 04-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Board and ownership
Board
- Giosino CORNACCHIADirector
- Matthias LOCKERDirector · since 01-10-2025
- Sophie LEROUGEDirector
Shareholders
- CARREFOUR BELGIUM100%· score 65annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
Annual accounts 2025
- Turnover
- €4.4m
- ▲ 130%
- Loss
- €1.1m
- ▲ 221%
- Equity
- €2.6m
- ▼ 29.2%
- Total assets
- €3.1m
- ▼ 25.9%
- Employees on 31-12-2025
- 5
- ▼ 44.4%
Filed on 25-06-2026, 36 days before the deadline
Score breakdownraises riskLoss of €1.1m, the second in a row (financial year 2025)lowers riskFigures for financial year 2025 (filed on 25-06-2026)Founded in 2013Equity €2.6m (84.5% of total assets)Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 51% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency
100=
equity 84.5% of total assets
Liquidity
49-2
short-term debt 15.5% · cash 1.6%
Profitability
0-6
return on assets -34.8%
Bankruptcy probability within 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.4%▲ +0.2 percentage points vs 02-2025
04-2025: 1.5%▲ +0.1 percentage points vs 03-2025
05-2025: 1.6%▲ +0.1 percentage points vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.8%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.4%▼ -1.4 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.3%▼ -0.1 percentage points vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.1 percentage points vs 07-2026
09-2026: 0.7%▲ +0.1 percentage points vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.28 (8.61 in 2024), above the usual 1.5. Short-term debt is 15.5% and cash 1.6% of total assets. 15.5% of the assets are financed with debt and provisions.
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 47, micro). It does better than 92% of them on solvency, 48% on liquidity, 6% on profitability and 56% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.1m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 days early
2024
23 days early
2023
37 days early
2022
33 days early
2021
38 days early
2020
19 days early
2019
25 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 30 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (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
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: 8 loss-making years in a rowloss in financial year 2025 -€1.1m View
- Positive: Turnover rose in 2025from €1.9m to €4.4m ▲ 130% View
- Caution: Lower net result than 95% of companies in retail tradesector median €39,952 · 5,035 companies -€1.1m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Board changedlatest change 01-07-2026 · 3 in office 1 joined · 1 left View
Recent changes
- · Gazette deed Resignation: Pascal BOON (director)Appointment: Sophie LEROUGE (director)
- · Gazette deed Resignation: Sébastien CAYLA (director)Appointment: Matthias LOCKER (director)
- · Gazette deed Reappointments: Sébastien CAYLA, Giosino CORNACCHIA and Pascal BOON
Companies linked to Market D4 CBRA
Comparable companies
These companies have the same main activity as Market D4 CBRA: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €1.1m and €3.4m, founded between 2005 and 2017.
| Company | Total assets | Turnover |
|---|---|---|
| Market D4 CBRA Zaventem | €3.1m | €4.4m |
| COLIMPO Halle | €3.4m | €10.0m |
| LAMBERTDIS Manhay | €1.4m | €4.2m |
| SERQUAL Sprimont | €1.1m | €4.6m |
| MAK RETAIL Gent | €1.1m | €4.5m |
| MOORSEL RETAIL Dilsen-Stokkem | €2.1m | €7.0m |
| ESPERANTO Dilsen-Stokkem | €1.8m | €7.8m |
Key facts about Market D4 CBRA
- What is the company number of Market D4 CBRA?
- The company number of Market D4 CBRA is 0502.865.915. The VAT number is the same number with BE in front: BE 0502.865.915.
- Where is Market D4 CBRA based?
- The registered office is at Da Vincilaan 3, 1930 Zaventem.Company details
- What does Market D4 CBRA do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of Market D4 CBRA?
- The legal form of Market D4 CBRA is Public limited company (NV).
- When was Market D4 CBRA founded?
- Market D4 CBRA was founded on 29-01-2013.
- Is Market D4 CBRA still active?
- Yes, Market D4 CBRA is an active enterprise in the KBO register.
- How many employees does Market D4 CBRA have?
- Market D4 CBRA had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Market D4 CBRA fall under?
- In its 2025 annual accounts, Market D4 CBRA states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
- What is the turnover of Market D4 CBRA?
- The turnover of Market D4 CBRA was €4.4m in financial year 2025, according to the filed annual accounts.
- Is Market D4 CBRA profitable?
- In financial year 2025, Market D4 CBRA made a loss of €1.1m.
- Where can I find the annual accounts of Market D4 CBRA?
- Market D4 CBRA filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Market D4 CBRA due?
- Market D4 CBRA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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