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C.B.

Active
Public limited companyfounded 199827 yrs activePlace du Bronze 2, 6980 La Roche-en-Ardenne, BelgiumKBO/BCE: BE 0464.572.986
Summary

C.B. has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €272,216 and a net result of €7,284. Equity remains stable across the filed fiscal years (±0.2% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability44▼-34
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 5.73 against 3.14 in 2023; short-term debt: 6.6% and cash: 1.5% of total assets), and 6.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €272,216
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
21 d early
2023
9 d early
2022
17 d early
2021
29 d early
2020
17 d early
2019
6 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 15 days before 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 (1)
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

C.B. was incorporated on 12 November 1998.1 Total assets went from EUR 320,204 in 2018 to EUR 291,598 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7,284▼ 65.7%
2023 · €21,240
Working capital
€91,691▲ 32.0%
2023 · €69,467
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€26,939▲ 47.8%-€4,237▲ 84.3%€7,851€21,665▲ 176%€7,284▼ 66.4%
Net result-€26,970▲ 47.8%-€4,237▲ 84.3%€7,841€21,240▲ 171%€7,284▼ 65.7%
Equity€240,089▼ 10.1%€235,852▼ 1.8%€243,693▲ 3.3%€264,932▲ 8.7%€272,216▲ 2.7%
Total assets€243,040▼ 9.1%€254,878▲ 4.9%€270,996▲ 6.3%€297,405▲ 9.7%€291,598▼ 2.0%
Debt€2,951▲ 674%€19,026▲ 545%€27,303▲ 43.5%€32,473▲ 18.9%€19,381▼ 40.3%
Working capital€3,916€32,538▲ 731%€69,467▲ 113%€91,691▲ 32.0%
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2020: -€26,939-€26,939Net result 2020: -€26,970-€26,970Operating result 2021: -€4,237-€4,237Net result 2021: -€4,237-€4,237Operating result 2022: €7,851€7,851Net result 2022: €7,841€7,841Operating result 2023: €21,665€21,665Net result 2023: €21,240€21,240Operating result 2024: €7,284€7,284Net result 2024: €7,284€7,28420202021202220232024€0€10,000€20,000Operating result 2022: €7,851€7,850Net result 2022: €7,841€7,840Operating result 2023: €21,665€21,700Net result 2023: €21,240€21,200Operating result 2024: €7,284€7,280Net result 2024: €7,284€7,280202220232024
The operating result falls in 2024; 2024 is 66% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €291,598
Fixed assets €180,525 ▼ 7.6%
Current assets €111,073 ▲ 9.0%
Equity and liabilities €291,598
Equity €272,216 ▲ 2.7%
Debt €19,381 ▼ 40.3%
Debt's share of the balance-sheet total falls from 10.9% to 6.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€22,224▼
2023 · €37,354
Cash flow
€22,224▼
2023 · €36,929
Current ratio
5.73▲
2023 · 3.14
Debt to equity
0.07▼
2023 · 0.12
ROE
2.7%▼
2023 · 8.0%
ROA
2.5%▼
2023 · 7.1%
Debt ≤ 1 year
€19,381▼
2023 · €32,473
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% 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 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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 · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€297,405€291,598▼
Fixed assets21/28€195,465€180,525▼
Tangible fixed assets22/27€195,465€180,525▼
Land and buildings22€183,588€169,515▼
Plant, machinery and equipment23€11,877€11,010▼
Current assets29/58€101,940€111,073▲
Cash at bank and in hand54/58€440€4,323▲
Deferred charges and accrued income490/1€101,500€106,750▲
Equity and liabilities
Total equity and liabilities10/49€297,405€291,598▼
Equity10/15€264,932€272,216▲
Contributions10/11€298,000€298,000=
Capital10€298,000€298,000=
Issued capital100€298,000€298,000=
Reserves13€40,000€40,000=
Non-distributable reserves130/1€40,000€40,000=
Other1319€40,000€40,000=
Profit (loss) carried forward14-€73,068-€65,784▲
Amounts payable17/49€32,473€19,381▼
Amounts payable within one year42/48€32,473€19,381▼
Trade debts44€19€605▲
Suppliers440/4€19€605▲
Other amounts payable47/48€32,454€18,776▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,690€14,940▼
Other operating charges640/8€6,159€3,095▼
Gross operating margin9900€43,514€25,319▼
Operating profit (loss)9901€21,665€7,284▼
Financial charges65/66B€425-
Recurring financial charges65€425-
Profit (loss) for the period before taxes9903€21,240€7,284▼
Profit (loss) for the period9904€21,240€7,284▼
Profit (loss) for the period to be appropriated9905€21,240€7,284▼
Appropriation of the result
Profit (loss) to be appropriated9906-€73,068-€65,784▲
Profit (loss) brought forward from the previous period14P-€94,307-€73,068▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Goods, raw materials, services and sundry goods60/61--€5,440---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,318€22,671€23,089€15,690€14,940▼ 4.8%
Other operating charges640/8-€5,542€5,620€6,159€3,095▼ 49.8%
Gross operating margin9900€1,880€23,976€36,560€43,514€25,319▼ 41.8%
Operating profit (loss)9901-€26,939-€4,237€7,851€21,665€7,284▼ 66.4%
Financial charges65/66B--€10€425--
Recurring financial charges65€31-€10€425--
Profit (loss) for the period before taxes9903-€26,970-€4,237€7,841€21,240€7,284▼ 65.7%
Profit (loss) for the period9904-€26,970-€4,237€7,841€21,240€7,284▼ 65.7%
Profit (loss) for the period to be appropriated9905-€26,970-€4,237€7,841€21,240€7,284▼ 65.7%
Line20202021202220232024Change
Assets
Total assets20/58€243,040€254,878€270,996€297,405€291,598▼ 2.0%
Fixed assets21/28€243,040€231,936€211,155€195,465€180,525▼ 7.6%
Tangible fixed assets22/27€243,040€231,936€211,155€195,465€180,525▼ 7.6%
Land and buildings22-€220,663€198,411€183,588€169,515▼ 7.7%
Plant, machinery and equipment23-€11,273€12,744€11,877€11,010▼ 7.3%
Current assets29/58-€22,942€59,841€101,940€111,073▲ 9.0%
Cash at bank and in hand54/58-€5,442€341€440€4,323▲ 883%
Deferred charges and accrued income490/1-€17,500€59,500€101,500€106,750▲ 5.2%
Equity and liabilities
Total equity and liabilities10/49€243,040€254,878€270,996€297,405€291,598▼ 2.0%
Equity10/15€240,089€235,852€243,693€264,932€272,216▲ 2.7%
Contributions10/11€298,000€298,000€298,000€298,000€298,000=
Capital10-€298,000€298,000€298,000€298,000=
Issued capital100-€298,000€298,000€298,000€298,000=
Reserves13€40,000€40,000€40,000€40,000€40,000=
Non-distributable reserves130/1-€40,000€40,000€40,000€40,000=
Other1319-€40,000€40,000€40,000€40,000=
Profit (loss) carried forward14-€97,911-€102,148-€94,307-€73,068-€65,784▲ 10.0%
Amounts payable17/49€2,951€19,026€27,303€32,473€19,381▼ 40.3%
Amounts payable within one year42/48€2,951€19,026€27,303€32,473€19,381▼ 40.3%
Trade debts44€115€6,026€9,303€19€605▲ 3,101%
Suppliers440/4-€6,026€9,303€19€605▲ 3,101%
Other amounts payable47/48-€13,000€18,000€32,454€18,776▼ 42.1%
Line20202021202220232024Change
Profit (loss) for the period9904-€26,970-€4,237€7,841€21,240€7,284▼ 65.7%
+ Depreciation and write-downs630€23,318€22,671€23,089€15,690€14,940▼ 4.8%
Operating cash flow (approximation)-€3,652€18,434€30,930€36,929€22,224▼ 39.8%
Investment in fixed assets (approximation)--€11,567-€2,308€0€0▼ 100%
Change in cash---€5,101€99€3,883▲ 3,833%

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

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Timeline · acts, filings and financial milestones

2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
22-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
14-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €7,841
Net result €7,841 after 3 loss-making years.
02-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
14-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
06-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
31-12
Financial Weakest financial yearnet -€51,675
Net result drops to -€51,675, the lowest in the series; recovery starts the following year.
19-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
11-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 42 days late
2016
02-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, La Roche-en-Ardenne · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
304 m²
Building footprint
346 m²
Volume, LiDAR
2,099 m³
2 parcels, Wallonia · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
LE 1900
Place Mac-Auliffe 8, 6600 BastogneNACE 5530101
since 19992.090.093.444
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
82302B0253/00T000 Wallonia 197 m² 1 · 187 m² 16.1 m · 4 fl.
83031A0598/00E000 Wallonia 107 m² 1 · 159 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. BALTUS MARC 100%
  2. C.B.

Highest known parent: BALTUS MARC. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2024 list no holdings, and no other source names one.

According to the 2024 annual accounts of C.B. and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded12-11-1998
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

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