Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2026; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
CORPORATE DEVELOPMENT ASSOCIATES from Tessenderlo-Ham, company number BE0477742915, closed financial year 2026 with a result of € 0 after tax. Compared with financial year 2025, the result moved from € -27,394 to € 0. Around break-even. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.
€ -3,643
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
▲ still € 27,394 loss in 2025
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -22,193.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 2,374 | € 1,957 | € -3,525 | - | |
| Profit after taxes | € -3,222 | € -3,084 | € -27,394 | € 0 | ▲ € 27,394 |
| Equity | € 26,835 | € 23,752 | € -3,643 | € -3,643 | |
| Total debts | € 8,840 | € 140 | € 4,395 | € 3,643 | ▼ 17% |
| Cash | € 1,740 | - | - | - | |
| Retained profit | € 8,285 | € 5,202 | € -22,193 | € -22,193 | |
| Bank debt | € 6,300 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 35,675 | € 23,891 | € 752 | € 0 | ▼ 100% |
Key figures of CORPORATE DEVELOPMENT ASSOCIATES, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 25 October 2027.
What happened to CORPORATE DEVELOPMENT ASSOCIATES?
What happened at CORPORATE DEVELOPMENT ASSOCIATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 0. Source: NBB ↗
- New establishment in Tessenderlo-Ham. KBO
- Start of the company according to the CBE. KBO
- Remo Zuglian became a director. NBB
In short
From € 3,222 loss in 2023 to € 0 profit in 2026.
Paid € 271 in corporate taxes since 2023.
Management
Behind CORPORATE DEVELOPMENT ASSOCIATES is Remo Zuglian. Remo Zuglian is also behind SENSIBLE PROJECTS.
Directors
According to the 2026 annual accounts
since 2002
Establishments
Establishment units
Physical locations of this company
Engsbergseweg 119
3980 Tessenderlo-Ham
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.742.915
- VAT number
- BE 0477.742.915
- Registered office
- Engsbergseweg 119, 3980 Tessenderlo-Ham
- Names & denominations
- CORPORATE DEVELOPMENT ASSOCIATES · CODEAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2002
- Peppol
- Not registered
- Activities · NACE
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