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C&B Solutions

Active
Private limited company (pre-2019)founded 2018active for 8 yearsStevoortse kiezel 445, 3512 Hasselt, BelgiumKBO/BCE: BE 0696.826.521
Summary

The computed 12-month bankruptcy probability of C&B Solutions is 14.3% (high). For C&B Solutions, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €35,611 and a net result of €7,574. Equity is growing by about 34% per year across the filed financial years. Its solvency ranks better than 58% of 30,380 sector peers (NACE 43, financial year 2022). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2022, micro format

2023 annual accounts not yet filed, deadline passed on 31 October 2023 Financial year closed on 31 March 2023; filing due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 19 October 2026.

Equity
€35,611▲ 27.0%
2021 · €28,037
Total assets
€70,228▲ 94.8%
2021 · €36,057
Net result
€7,574▲ 18.1%
2021 · €6,412
Working capital
€13,521
2021 · -€799
Trend over the years

2019 to 2022, 4 financial years

The operating result recovers in 2022; 2022 is 22% above 2021.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€7,662 2022 Net result€7,574 2022

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

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022
Operating result€30,536-€13,463▼ 55.9%€6,267▼ 53.4%€7,662▲ 22.3%
Net result€28,247-€13,376within the sector's middle half▼ 52.6%€6,412within the sector's middle half▼ 52.1%€7,574within the sector's middle half▲ 18.1%
Equity€8,248-€21,625within the sector's middle half▲ 162%€28,037within the sector's middle half▲ 29.7%€35,611within the sector's middle half▲ 27.0%
Total assets€42,294-€89,453within the sector's middle half▲ 112%€36,057below the sector's middle half▼ 59.7%€70,228within the sector's middle half▲ 94.8%
Debt€34,046-€67,829▲ 99.2%€8,020▼ 88.2%€34,617▲ 332%
Working capital€767--€9,799below the sector's middle half-€799below the sector's middle half▲ 91.8%€13,521within the sector's middle half
Solvency19.5%-24.2%within the sector's middle half▲ 4.7pp77.8%above the sector's middle half▲ 53.6pp50.7%within the sector's middle half▼ 27.1pp
Current ratio1.02-0.86below the sector's middle half▼ 0.170.90below the sector's middle half▲ 0.041.39within the sector's middle half▲ 0.49
Return on assets (ROA)66.8%-15.0%within the sector's middle half▼ 51.8pp17.8%above the sector's middle half▲ 2.8pp10.8%within the sector's middle half▼ 7.0pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €70,228
Fixed assets €22,090 ▼ 23.4%
Current assets €48,138 ▲ 567%
Equity and liabilities €70,228
Equity €35,611 ▲ 27.0%
Debt €34,617 ▲ 332%
Debt's share of the balance-sheet total rises from 22.2% to 49.3%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€16,996▲
2021 · €8,855
Cash flow
€16,908▲
2021 · €9,000
Debt to equity
0.97▲
2021 · 0.29
ROE
21.3%▼
2021 · 22.9%
Interest coverage
40.57▼
2021 · 47.96
Debt ≤ 1 year
€34,617▲
2021 · €8,020
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 40 lines
Balance sheet Code20212022
Assets
Total assets20/58€36,057€70,228▲
Fixed assets21/28€28,836€22,090▼
Tangible fixed assets22/27€28,836€22,090▼
Plant, machinery and equipment23€686-
Furniture and vehicles24€28,150€22,090▼
Current assets29/58€7,220€48,138▲
Amounts receivable within one year40/41€816€44,009▲
Trade receivables40-€1,000
Other amounts receivable41€816€43,009▲
Cash at bank and in hand54/58€6,247€3,972▼
Deferred charges and accrued income490/1€157€157=
Equity and liabilities
Total equity and liabilities10/49€36,057€70,228▲
Equity10/15€28,037€35,611▲
Contributions10/11€1€1=
Capital10€1€1=
Issued capital100€1€1=
Reserves13€8,200€8,200=
Distributable reserves133€8,200€8,200=
Profit (loss) carried forward14€19,836€27,410▲
Amounts payable17/49€8,020€34,617▲
Amounts payable within one year42/48€8,020€34,617▲
Trade debts44€2,836€1,714▼
Suppliers440/4€2,836€1,714▼
Advances received on contracts in progress46-€25,854
Taxes, remuneration and social security45€5,184€7,049▲
Taxes450/3€5,184€7,049▲
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,588€9,334▲
Other operating charges640/8€735€735=
Gross operating margin9900€9,590€17,731▲
Operating profit (loss)9901€6,267€7,662▲
Financial income75/76B€330€331▲
Recurring financial income75€0€1▲
Non-recurring financial income76B€330€330▲
Financial charges65/66B€185€419▲
Recurring financial charges65€185€419▲
Profit (loss) for the period before taxes9903€6,412€7,574▲
Profit (loss) for the period9904€6,412€7,574▲
Profit (loss) for the period to be appropriated9905€6,412€7,574▲
Appropriation of the result
Profit (loss) to be appropriated9906€19,836€27,410▲
Profit (loss) brought forward from the previous period14P€13,424€19,836▲

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

Line2019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,588-€2,588€9,334▲ 261%
Other operating charges640/8-€128€735€735=
Gross operating margin9900€33,396€13,590€9,590€17,731▲ 84.9%
Operating profit (loss)9901€30,536€13,463€6,267€7,662▲ 22.3%
Financial income75/76B-€9€330€331▲ 0.3%
Recurring financial income75€9€9€0€1▲ 1,420%
Non-recurring financial income76B--€330€330▲ 0.1%
Financial charges65/66B-€96€185€419▲ 127%
Recurring financial charges65€164€96€185€419▲ 127%
Profit (loss) for the period before taxes9903€30,381€13,376€6,412€7,574▲ 18.1%
Income taxes67/77€2,134----
Profit (loss) for the period9904€28,247€13,376€6,412€7,574▲ 18.1%
Profit (loss) for the period to be appropriated9905€28,247€13,376€6,412€7,574▲ 18.1%
Line2019202020212022Change
Assets
Total assets20/58€42,294€89,453€36,057€70,228▲ 94.8%
Fixed assets21/28€7,481€31,424€28,836€22,090▼ 23.4%
Tangible fixed assets22/27€7,481€31,424€28,836€22,090▼ 23.4%
Plant, machinery and equipment23-€3,274€686--
Furniture and vehicles24-€28,150€28,150€22,090▼ 21.5%
Current assets29/58€34,813€58,029€7,220€48,138▲ 567%
Amounts receivable within one year40/41€16,231€36,157€816€44,009▲ 5,294%
Trade receivables40-€17,502-€1,000-
Other amounts receivable41-€18,655€816€43,009▲ 5,172%
Cash at bank and in hand54/58€17,898€21,715€6,247€3,972▼ 36.4%
Deferred charges and accrued income490/1-€157€157€157=
Equity and liabilities
Total equity and liabilities10/49€42,294€89,453€36,057€70,228▲ 94.8%
Equity10/15€8,248€21,625€28,037€35,611▲ 27.0%
Contributions10/11€1€1€1€1=
Capital10-€1€1€1=
Issued capital100-€1€1€1=
Reserves13€8,200€8,200€8,200€8,200=
Distributable reserves133-€8,200€8,200€8,200=
Profit (loss) carried forward14€47€13,424€19,836€27,410▲ 38.2%
Amounts payable17/49€34,046€67,829€8,020€34,617▲ 332%
Amounts payable within one year42/48€34,046€67,829€8,020€34,617▲ 332%
Trade debts44€6,912€19,495€2,836€1,714▼ 39.6%
Suppliers440/4-€19,495€2,836€1,714▼ 39.6%
Advances received on contracts in progress46---€25,854-
Taxes, remuneration and social security45-€7,134€5,184€7,049▲ 36.0%
Taxes450/3-€7,134€5,184€7,049▲ 36.0%
Other amounts payable47/48-€41,200---
Line2019202020212022Change
Profit (loss) for the period9904€28,247€13,376€6,412€7,574▲ 18.1%
+ Depreciation and write-downs630€2,588-€2,588€9,334▲ 261%
Operating cash flow (approximation)€30,835€13,376€9,000€16,908▲ 87.9%
Investment in fixed assets (approximation)--€23,943€0-€2,588-
Change in cash-€3,817-€15,468-€2,275▲ 85.3%

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

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-03-2022 micro format 20-12-2022 2022-20541351
31-03-2021 micro format 20-12-2022 2022-20541198
31-03-2020 micro format 31-05-2022 2022-20039066
31-03-2019 micro format 04-11-2019 2019-72800545

Similar companies · same sector, comparable size

Of the 19,838 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,197. 7,087 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.