ACTIVE

CORDY & CDM

Financial year 2022 · Closed on 31/12/2022

Net result
-142,3 k €
-18,2 %over 1 year
Gross margin
530,4 k €
-2,9 %over 1 year
Equity
58,3 k €
-71,0 %over 1 year
Workforce
17,8 ETP
-5,8 %over 1 year

Identity

Source · BCE/KBO

CORDY & CDM is a Public limited company incorporated in 2001. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Gistel. It employs on average 17,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.244.660
Incorporation
05/12/2001
Legal form
Public limited company
Registered office
Mosselstraat 14A
8470 Gistel · FlandreSee on map
Contributed capital
512 000,00 €
Latest accounts
31/12/2022
Average workforce
17,8 ETP
Joint committees (2)
  • 136
  • 222
Signals
Healthy social debts

Financials

Source · NBB, 17 filings

Trend over 15 financial years

20222021201820172016
Income statement
Gross margin530,4 k €546,5 k €553,1 k €457,3 k €583,8 k €
EBITDA-113,5 k €-97,8 k €-59,4 k €-201 k €-148,9 k €
Operating result-140,4 k €-124,2 k €-85,8 k €-226,2 k €-173,1 k €
Net result-142,3 k €-120,4 k €-79,8 k €-208,9 k €-184,5 k €
Balance sheet
Equity58,3 k €200,6 k €755,4 k €835,3 k €1 M €
Total assets600 k €735,7 k €1,1 M €1,2 M €1,9 M €
Cash12,6 k €80,7 k €230,3 k €200,6 k €303,3 k €
Debts540,6 k €535,2 k €374,9 k €344,6 k €838,5 k €
Other
Workforce17,8 ETP18,9 ETP19,1 ETP20,6 ETP22,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 12 ended

Active mandates

Bart Luca

Director · since 27 août 2020 · until 19 juin 2026

Active

Ended mandates

Bart Luca

Director · since 27 août 2020 · until 27 août 2026

Ended
Ellen Luca

Director · since 19 juin 2020 · until 27 août 2020

Ended
BART LUCA

Managing director · since 28 mars 2014 · until 19 juin 2020

Ended
ELLEN LUCA

Director · since 28 mars 2014 · until 19 juin 2020

Ended

Full financial information

Source · NBB
202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/05/202408/07/202230/07/202115/07/202018/07/201913/07/2018
General meeting29/04/202430/06/202227/07/202119/06/202021/06/201915/06/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202229/04/202407/05/2024DutchPDF
Abridged model31/12/202130/06/202208/07/2022DutchPDF
Abridged model31/12/202027/07/202130/07/2021DutchPDF
Abridged model31/12/201919/06/202015/07/2020DutchPDF
Abridged model31/12/201821/06/201918/07/2019DutchPDF
Abridged model31/12/201715/06/201813/07/2018DutchPDF
Abridged model31/12/201630/06/201728/07/2017DutchPDF
Abridged model31/12/201518/06/201629/07/2016DutchPDF
Abridged model31/12/201408/07/201517/07/2015DutchPDF
Abridged model31/12/201320/06/201426/06/2014DutchPDF
Abridged model31/12/201221/06/201331/07/2013DutchPDF
Abridged model31/12/201126/06/201217/07/2012DutchPDF
Abridged model31/12/201017/06/201120/07/2011DutchPDF
Abridged model31/12/200918/06/201029/07/2010DutchPDF
Abridged model31/12/200819/06/200924/06/2009DutchPDF
Abridged model31/12/200720/06/200830/07/2008DutchPDF
Abridged model31/12/200615/06/200725/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 12 ended

Active mandates

Bart Luca

Director · since 27 août 2020 · until 19 juin 2026

Active

Ended mandates

Bart Luca

Director · since 27 août 2020 · until 27 août 2026

Ended
Ellen Luca

Director · since 19 juin 2020 · until 27 août 2020

Ended
BART LUCA

Managing director · since 28 mars 2014 · until 19 juin 2020

Ended
ELLEN LUCA

Director · since 28 mars 2014 · until 19 juin 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/09/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares09/04/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/07/2008
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022-142,3 k €↓
  2. 2021
    Annual accounts 2021-120,4 k €↓
  3. 2018
    Annual accounts 2018-79,8 k €↑
  4. 2017
    Annual accounts 2017-208,9 k €↓
  5. 2016
    Annual accounts 2016-184,5 k €↓
  6. 2015
    Annual accounts 20159,5 k €↑
  7. 2014
    Annual accounts 2014-57,2 k €↓
  8. 2013
    Annual accounts 201331,6 k €↓
  9. 2012
    Annual accounts 2012105,9 k €↑
  10. 2011
    Annual accounts 201174,4 k €↑
  11. 2010
    Annual accounts 201059,8 k €↑
  12. 2009
    Annual accounts 200952,8 k €↓
  13. 2008
    Annual accounts 2008120,1 k €↓
  14. 2007
    Annual accounts 2007349,6 k €↑
  15. 2006
    Annual accounts 2006176 k €
  16. 05/12/2001
    IncorporationPublic limited company