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C.B.

Active
Public limited companyfounded 198838 years activeHoogbeverenstraat 25, 8850 Ardooie, BelgiumKBO/BCE: BE 0433.367.393
Summary

C.B. has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.3m and a net result of -€153,963. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 95% of 6,033 sector peers (NACE 46, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190Retail sale of footwear NACE 47721
4 sites
Size
€1.5mtotal assets 2024
Equity
€1.3m
Loss
-€153,963
Turnover not published (abridged schema)
Financial health
95 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 68 days overdue0 of 4 deeds read
Why 95- Latest accounts 66 days late; 2 of the last 3 late+ Liquidity: current ratio 15.74, cash €814,185+ Founded in 1988+ Equity €1.3m (93.6% of total assets)Show the evidence

Checked score

Score 2024
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 57% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 86.4% of total assets
Liquidity 98-1
short-term debt 13.5% · cash 68.1%
Profitability 11-27
return on assets -10.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,860 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 7.4 against 8.6 in 2023; short-term debt: 13.5% and cash: 68.1% of total assets), and 13.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 90% on solvency, 94% on liquidity, 17% on profitability and 25% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 15.74, cash €814,185
NBB · annual accounts
raises risk · Latest accounts 66 days late; 2 of the last 3 late
NBB · filings
lowers risk · Founded in 1988
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €1.3m (93.6% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 days late
2023
44 days early
2022
4 days early
2021
23 days early
2020
1 day early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Weakest financial yearnet -€153,963
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Caution: Staff fell in 2024from 14.1 FTE to 0 FTE ▼ 100% View
  • Positive: Among the best 5% on solvencysector median 45.7% · 6,033 companies 93.6% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View

By topic

Financials

Fiscal year
2024
Total assets
€1.5m
Loss
-€153,963
Solvency
86.4%
Total assets▼ 8.8%
Net result
20192024
Go to Financials

Timeline

Events
12
Since
2016
  1. 27-07-2023Annual accounts filed
  2. 08-07-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
4
Legal form
Public limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
12-02-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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