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C&B ENGINEERING

Active
Private limited company (pre-2019)founded 2012active for 14 yearsEeuwfeeststraat 22, 3010 Leuven, BelgiumKBO/BCE: BE 0845.439.627

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-07-2026 at the NBB all 14 filings

Turnover
≈ €150,000
Estimated: probably between €100,000 and €260,000
Total assets
€496,658▼ 9.4%
2024 · €548,318
Net result
€5,910▼ 88.9%
2024 · €53,163
Working capital
€56,060▼ 66.1%
2024 · €165,490
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 84% lower than in 2024 and the lowest since 2021.

Operating result€12,454 2025 Net result€5,910 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€66,251-€3,640▼ 94.5%€48,244▲ 13×€46,755▼ 3.1%€61,914▲ 32.4%€58,043▼ 6.3%€76,467▲ 31.7%€12,454▼ 83.7%
Net result€48,816--€183€10,095within the sector's middle half€30,205above the sector's middle half▲ 199%€42,251above the sector's middle half▲ 39.9%€38,094above the sector's middle half▼ 9.8%€53,163above the sector's middle half▲ 39.6%€5,910within the sector's middle half▼ 88.9%
Equity€233,356-€233,173▼ 0.1%€243,268above the sector's middle half▲ 4.3%€163,577above the sector's middle half▼ 32.8%€205,828above the sector's middle half▲ 25.8%€243,922above the sector's middle half▲ 18.5%€297,085above the sector's middle half▲ 21.8%€193,835above the sector's middle half▼ 34.8%
Total assets€289,122-€560,345▲ 93.8%€541,768above the sector's middle half▼ 3.3%€499,839above the sector's middle half▼ 7.7%€535,361above the sector's middle half▲ 7.1%€521,407above the sector's middle half▼ 2.6%€548,318above the sector's middle half▲ 5.2%€496,658above the sector's middle half▼ 9.4%
Debt€55,765-€327,172▲ 487%€298,500▼ 8.8%€336,263▲ 12.7%€329,533▼ 2.0%€277,485▼ 15.8%€251,233▼ 9.5%€302,823▲ 20.5%
Working capital€230,935-€136,227▼ 41.0%€139,944above the sector's middle half▲ 2.7%€53,503within the sector's middle half▼ 61.8%€86,707within the sector's middle half▲ 62.1%€117,992above the sector's middle half▲ 36.1%€165,490above the sector's middle half▲ 40.3%€56,060within the sector's middle half▼ 66.1%
Solvency80.7%-41.6%▼ 39.1pp44.9%within the sector's middle half▲ 3.3pp32.7%within the sector's middle half▼ 12.2pp38.4%within the sector's middle half▲ 5.7pp46.8%within the sector's middle half▲ 8.3pp54.2%within the sector's middle half▲ 7.4pp39.0%within the sector's middle half▼ 15.2pp
Current ratio5.14-4.53▼ 0.616.76above the sector's middle half▲ 2.241.71within the sector's middle half▼ 5.062.05within the sector's middle half▲ 0.343.74above the sector's middle half▲ 1.696.08above the sector's middle half▲ 2.331.57within the sector's middle half▼ 4.51
Return on assets (ROA)16.9%-0.0%▼ 16.9pp1.9%within the sector's middle half▲ 1.9pp6.0%within the sector's middle half▲ 4.2pp7.9%within the sector's middle half▲ 1.8pp7.3%within the sector's middle half▼ 0.6pp9.7%within the sector's middle half▲ 2.4pp1.2%within the sector's middle half▼ 8.5pp
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €496,658
Fixed assets €341,805 ▼ 2.4%
Current assets €154,853 ▼ 21.8%
Equity and liabilities €496,658
Equity €193,835 ▼ 34.8%
Debt €302,823 ▲ 20.5%
Debt's share of the balance-sheet total rises from 45.8% to 61.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€24,206▼
2024 · €88,319
Cash flow
€17,661▼
2024 · €65,015
Debt to equity
1.56▲
2024 · 0.85
ROE
3.0%▼
2024 · 17.9%
Interest coverage
5.08▼
2024 · 19.55
Debt ≤ 1 year
€98,793▲
2024 · €32,609
Debt > 1 year
€204,030▼
2024 · €218,624
Income taxes
€3,775▼
2024 · €21,364
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as C&B ENGINEERING: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €368,000 and €626,000, founded between 2010 and 2015.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
C&B ENGINEERING Leuven2012€496,658€193,835€25,451€5,9102025
WGS Immo Marche-en-Famenne2012€452,090€173,026€32,520€9,9772025
SOLOTEC Antwerpen2011€626,193€99,243€28,650€18,5122025
IDEA INTERIOR CONCEPTS Wingene2010€552,799€189,561€35,440-€38,9502025
De Laender Johan Herzele2015€485,115€175,455€20,416€2552025
Concrete Reparation & Renovation Zonnebeke2010€367,654€103,435€30,118-€4,0612025
DELKO Schoten2015€620,944€63,473€21,794-€43,7722025

They were chosen from the 2,275 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 6,049 companies had the same profile as C&B ENGINEERING has now. Two years later, 0.4% had gone bankrupt and 96.0% were still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.4% went bankrupt
3.6% stopped otherwise
96.0% was still going

That fits the bankruptcy probability of C&B ENGINEERING itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,049 companies, not a prediction for C&B ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines

Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€548,318€496,658▼
Fixed assets21/28€350,220€341,805▼
Tangible fixed assets22/27€350,220€341,805▼
Land and buildings22€339,667€331,051▼
Plant, machinery and equipment23€6,275€7,278▲
Furniture and vehicles24€4,278€3,477▼
Current assets29/58€198,099€154,853▼
Amounts receivable after more than one year29€100,000€100,000=
Other amounts receivable291€100,000€100,000=
Amounts receivable within one year40/41€27,188€14,234▼
Trade receivables40€26,353€14,234▼
Other amounts receivable41€835-
Cash at bank and in hand54/58€68,696€34,708▼
Deferred charges and accrued income490/1€2,215€5,910▲
Equity and liabilities
Total equity and liabilities10/49€548,318€496,658▼
Equity10/15€297,085€193,835▼
Contributions10/11€12,400€12,400=
Reserves13€284,685€181,435▼
Non-distributable reserves130/1€1,900€1,900=
Reserves not available under the articles1311€1,900€1,900=
Distributable reserves133€282,785€179,535▼
Amounts payable17/49€251,233€302,823▲
Amounts payable after more than one year17€218,624€204,030▼
Financial debts170/4€218,624€204,030▼
Amounts payable within one year42/48€32,609€98,793▲
Current portion of amounts payable after more than one year42€15,491€15,797▲
Trade debts44€1,072€15,308▲
Suppliers440/4€1,072€15,308▲
Taxes, remuneration and social security45€16,046€5,037▼
Taxes450/3€16,046€5,037▼
Other amounts payable47/48€0€62,650▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,852€11,752▼
Other operating charges640/8€1,218€1,245▲
Gross operating margin9900€89,537€25,451▼
Operating profit (loss)9901€76,467€12,454▼
Financial income75/76B€2,578€2,727▲
Recurring financial income75€2,578€2,727▲
Financial charges65/66B€4,518€5,497▲
Recurring financial charges65€4,518€4,767▲
Non-recurring financial charges66B-€730
Profit (loss) for the period before taxes9903€74,527€9,685▼
Income taxes67/77€21,364€3,775▼
Profit (loss) for the period9904€53,163€5,910▼
Profit (loss) for the period to be appropriated9905€53,163€5,910▼
Appropriation of the result
Profit (loss) to be appropriated9906€53,163€5,910▼
Transfer from equity791/2-€109,160
Transfer to equity691/2€53,163€5,910▼
To other reserves6921€53,163€5,910▼
Profit to be distributed694/7-€109,160
Return on contributions (dividend)694-€109,160

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,775€9,948€9,558€10,033€10,312€10,984€11,852€11,752▼ 0.8%
Other operating charges640/8---€2,355€1,007€1,173€1,218€1,245▲ 2.3%
Gross operating margin9900€69,898€14,021€58,962€59,144€73,233€70,200€89,537€25,451▼ 71.6%
Operating profit (loss)9901€66,251€3,640€48,244€46,755€61,914€58,043€76,467€12,454▼ 83.7%
Financial income75/76B---€2,630€2,260€2,400€2,578€2,727▲ 5.8%
Recurring financial income75€2,108€2,485€2,405€2,630€2,260€2,400€2,578€2,727▲ 5.8%
Financial charges65/66B---€5,755€4,051€6,725€4,518€5,497▲ 21.7%
Recurring financial charges65€178€6,283€33,695€5,755€4,051€6,725€4,518€4,767▲ 5.5%
Non-recurring financial charges66B-------€730-
Profit (loss) for the period before taxes9903€68,181-€158€16,954€43,630€60,123€53,718€74,527€9,685▼ 87.0%
Income taxes67/77€19,365€26€6,859€13,425€17,871€15,624€21,364€3,775▼ 82.3%
Profit (loss) for the period9904€48,816-€183€10,095€30,205€42,251€38,094€53,163€5,910▼ 88.9%
Profit (loss) for the period to be appropriated9905€48,816-€183€10,095€30,205€42,251€38,094€53,163€5,910▼ 88.9%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€289,122€560,345€541,768€499,839€535,361€521,407€548,318€496,658▼ 9.4%
Fixed assets21/28€2,421€385,515€377,548€370,804€366,090€360,412€350,220€341,805▼ 2.4%
Tangible fixed assets22/27€2,421€385,515€377,548€370,804€366,090€360,412€350,220€341,805▼ 2.4%
Land and buildings22---€365,515€356,899€348,283€339,667€331,051▼ 2.5%
Plant, machinery and equipment23---€2,475€1,893€6,630€6,275€7,278▲ 16.0%
Furniture and vehicles24---€2,814€7,299€5,499€4,278€3,477▼ 18.7%
Current assets29/58€286,700€174,830€164,220€129,036€169,272€160,995€198,099€154,853▼ 21.8%
Amounts receivable after more than one year29---€100,000€100,000€100,000€100,000€100,000=
Other amounts receivable291---€100,000€100,000€100,000€100,000€100,000=
Stocks and contracts in progress3---€1,068€1,341€25,909---
Stocks30/36---€1,068€1,341€25,909---
Amounts receivable within one year40/41€33,337€16,297€6,948€14,089€20,475€14,031€27,188€14,234▼ 47.6%
Trade receivables40---€14,089€20,475€13,874€26,353€14,234▼ 46.0%
Other amounts receivable41-----€158€835--
Cash at bank and in hand54/58€147,836€50,311€54,558€11,111€44,535€18,343€68,696€34,708▼ 49.5%
Deferred charges and accrued income490/1---€2,767€2,920€2,711€2,215€5,910▲ 167%
Equity and liabilities
Total equity and liabilities10/49€289,122€560,345€541,768€499,839€535,361€521,407€548,318€496,658▼ 9.4%
Equity10/15€233,356€233,173€243,268€163,577€205,828€243,922€297,085€193,835▼ 34.8%
Contributions10/11€12,400€12,400-€12,400€12,400€12,400€12,400€12,400=
Reserves13€220,956€220,956€230,868€151,177€193,428€231,522€284,685€181,435▼ 36.3%
Non-distributable reserves130/1---€1,900€1,900€1,900€1,900€1,900=
Reserves not available under the articles1311---€1,900€1,900€1,900€1,900€1,900=
Distributable reserves133---€149,277€191,528€229,622€282,785€179,535▼ 36.5%
Profit (loss) carried forward14--€183-------
Amounts payable17/49€55,765€327,172€298,500€336,263€329,533€277,485€251,233€302,823▲ 20.5%
Amounts payable after more than one year17-€288,569€274,225€260,730€246,969€232,935€218,624€204,030▼ 6.7%
Financial debts170/4---€260,730€246,969€232,935€218,624€204,030▼ 6.7%
Amounts payable within one year42/48€55,765€38,603€24,276€75,532€82,564€43,003€32,609€98,793▲ 203%
Current portion of amounts payable after more than one year42---€13,494€13,761€14,033€15,491€15,797▲ 2.0%
Trade debts44€16,282€24,396€1,790€5,741€899€2,383€1,072€15,308▲ 14×
Suppliers440/4---€5,741€899€2,383€1,072€15,308▲ 14×
Taxes, remuneration and social security45---€17,050€28,858€26,587€16,046€5,037▼ 68.6%
Taxes450/3---€16,745€28,858€23,552€16,046€5,037▼ 68.6%
Remuneration and social security454/9---€305-€3,035---
Other amounts payable47/48---€39,248€39,046€0€0€62,650▲ 2,088,343×
Accrued charges and deferred income492/3-----€1,547---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€48,816-€183€10,095€30,205€42,251€38,094€53,163€5,910▼ 88.9%
+ Depreciation and write-downs630€2,775€9,948€9,558€10,033€10,312€10,984€11,852€11,752▼ 0.8%
Operating cash flow (approximation)€51,591€9,765€19,652€40,238€52,564€49,078€65,015€17,661▼ 72.8%
Investment in fixed assets (approximation)--€393,042-€1,591-€3,289-€5,599-€5,306-€1,659-€3,337▼ 101%
Change in cash--€97,524€4,247-€43,447€33,423-€26,192€50,353-€33,988-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-07-2026 2026-00361574 NBB
31-12-2024 micro format 15-07-2025 2025-00285502 PDF
31-12-2023 micro format 28-07-2024 2024-00302174 PDF
31-12-2022 micro format 05-07-2023 2023-00213014 PDF
31-12-2021 micro format 30-07-2022 2022-20251593 PDF
31-12-2020 micro format 27-07-2021 2021-41600086 PDF
31-12-2019 micro format 18-09-2020 2020-54000383 PDF
31-12-2018 micro format 26-07-2019 2019-38000341 PDF
31-12-2017 micro format 31-07-2018 2018-42000264 PDF
31-12-2016 abbreviated format 28-08-2017 2017-47900061 PDF

Show all 14 filings

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