Active BE 0431.969.506Public limited company

C.B. COMPANY

Parc Industriel, Dochamps 9 ·6960 Manhay, Belgium· 38 yrs active

Sector: Algemene bouw van residentiële gebouwen (41001)

Conclusion Checked

The file of C.B. COMPANY contains 1 judicial reorganisation, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 11.1% (high). The 2023 annual accounts show equity of €72k and a net result of €-2k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 35% of 3160 sector peers (fiscal year 2023).

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€72k
Net result	€-2k
Better than sector	35%
Active	38 yrs

Financial profile 5 of 5 axes measured · computed by Checked

22 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 30

Growth 22

Stability 60

Bankruptcy probability (12 mo) Checked model v1 · free

11.1% High

0%0,5%1,5%4%10%≥25%

Judicial reorganisation on record +Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

10 / 100

Moderate risk

Components

· 1 judicial reorganisation (+10)

Trust signals 1 signals

In judicial reorganisation

Ongoing procedure under court protection (Book XX WER). The company is restructuring.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

0 / 100 Critical

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 30-01-2024 with the NBB · fiscal year 2023 · micro

RevenueOperating resultNet result

Sector comparison

Fiscal year 2023 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	25.1%	37.5%	better than 35% of 3160 sector peers
Net result	€-2k	€9k	better than 19% of 3152 sector peers
Equity	€72k	€25k	better than 81% of 3165 sector peers
Gross operating margin	€10k	€27k	better than 28% of 3146 sector peers
Total assets	€285k	€81k	better than 86% of 3161 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€32k

-47.9% 19-23

EBITDA

€-272

- 19-23

Net profit

€-2k

+27.2% 19-23

Cash flow

€13k

-23.1% 19-23

Total assets

€285k

-5.4% 19-23

Equity

€72k

-3.1% 19-23

Working capital

€-93k

-28.1% 19-23

Income taxes

€-17k

-58112.8% 19-23

Show 12 other metrics

Debt

€187k

-7.0% 19-23

Debt ≤ 1y

€133k

-3.5% 19-23

Debt > 1y

€53k

-14.7% 19-23

Current ratio

0.31

-35.9% 19-23

Quick ratio

0.31

-35.9% 19-23

Solvency

25.1%

+2.4% 19-23

Debt / equity

2.61

-4.0% 19-23

ROE

-3.2%

+24.9% 19-23

ROA

-0.8%

+23.1% 19-23

Net margin

-7.3%

- 19-23

EBITDA margin

-0.9%

- 19-23

Interest coverage

-0.07

- 19-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	€32k
EBITDA	€-272
Net profit	€-2k
Cash flow	€13k
Staff costs	-
Income taxes	€-17k
Dividends	-
Total assets	€285k
Equity	€72k
Debt	€187k
of which ≤ 1y	€133k
of which > 1y	€53k
Working capital	€-93k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	0.31
Quick ratio	0.31
Working capital ratio	-32.6%
Solvency	25.1%
Debt / equity	2.61
Long-term debt ratio	0.74
Interest coverage	-0.07
Gross margin	21.5%
Net margin	-7.3%
ROA	-0.8%
ROE	-3.2%
EBITDA margin	-0.9%
Days sales outstanding	370d
Days payable outstanding	1063d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €244k · 85.7% Current assets €41k · 14.3%

Equity & liabilities

Equity €72k · 25.1% Provisions €26k · 9.3% Debt €187k · 65.6%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€285k
Fixed assets	21/28	€244k
Tangible fixed assets	22/27	€244k
Current assets	29/58	€41k
Amounts receivable within one year	40/41	€40k
Cash & bank	54/58	€743
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€285k
Equity	10/15	€72k
Contributions / capital	10/11	€62k
Reserves	13	€6k
Accumulated profits (losses)	14	€3k
Provisions & deferred taxes	16	€26k
Amounts payable	17/49	€187k
Amounts payable after one year	17	€53k
Amounts payable within one year	42/48	€133k
Trade debts payable within one year	44	€73k
Income statement
Turnover	70	€32k
Gross operating margin	9900	€10k
Operating result	9901	€-16k
Financial income	75	€120
Financial charges	65	€4k
Result before taxes	9903	€-20k
Income taxes	67/77	€-17k
Net result for the period	9904	€-2k
Result to be appropriated	9905	€-2k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

Anne-France BOULANGER
Director
State Gazette act 24019451 (31-01-2024)

Current
31-01-2024 → present

Former directors (1)

Marie-Christine POTTY
Managing director
State Gazette act 25062690 (16-05-2025)

Former
- → 16-05-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Algemene bouw van residentiële gebouwen(41001)
Legal form	Public limited company(014)
Incorporation	11-09-1987
Status	Active
Postal code	6960
First BS signal	25-01-2021
Latest BS signal	25-01-2021

Establishment units 1 location

C.B. COMPANY

Rue Trixhelette(BOD) 71, 4537 VerlaineUitvoeren van voegwerken

since 20022.030.697.473

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
61032B0198/00A002	Wallonia	915 m²	1 · 221 m²	9.0 m · 2 fl.
83011A1922/02B003	Wallonia	584 m²	1 · 145 m²	-

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

16-05-2025

State Gazette act Director changes

2024

31-01-2024

State Gazette act Director changes

30-01-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

31-01-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

02-11-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

29-01-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

25-01-2021

Judicial reorganisation Extension

Tribunal de l’entreprise de Liège · collectif · event 19-01-2021

2020

01-10-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

10-01-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2017

27-03-2017

NBB filing Annual accounts filed

fiscal year 2016 · volledig

22-02-2017

NBB filing Annual accounts filed

fiscal year 2015 · volledig

2015

25-09-2015

NBB filing Annual accounts filed

fiscal year 2014 · volledig

2014

13-05-2014

NBB filing Annual accounts filed

fiscal year 2013 · volledig

Lifecycle & Insolvency Signals1 events

25-01-2021

Judicial reorganisation Extension

Date: 19-01-2021 · Tribunal de l’entreprise de Liège · collectif · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgian State Gazette reading coverage 0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 1 year ago

2025

16-05-2025 Mandate of Marie-Christine POTTY as managing director expired Director changes

Marie-Christine POTTY, Gedelegeerd bestuurder

Original publication ↗

Technical details

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2024

31-01-2024 Anne-France BOULANGER appointed as director Director changes

Anne-France BOULANGER, Bestuurder

Original publication ↗

Technical details

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      "rep_rotation_new_rep": null,
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    "is_associated": false
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  "act_meta": {
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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Algemene bouw van residentiële gebouwen41001Bouwen van individuele huizen45211Optrekken van andere residentiële gebouwen en van kantoorgebouwen45212

Primary activity highlighted.

Names & trade names

Legal nameFR

C.B. COMPANY

Registered office

Parc Industriel, Dochamps 9 bus A

6960 Manhay, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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