CB Engineering
ActiveSummary
CB Engineering has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,000 and a net result of €71,671. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency27▼-73
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2%
Return on assets
142.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 17179 sector peers (2025).
NBB · sector comparisonPosition among 17179 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
64 d early
2024
125 d early
2023
141 d early
2022
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 92 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€1,000▼ 99.2%
2024 · €130,486
Total assets
€50,187▼ 67.9%
2024 · €156,212
Net result
€71,671▲ 20.7%
2024 · €59,357
Working capital
-€9,573
2024 · €121,784
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€47,040-€42,802▼ 9.0%€75,075▲ 75.4%€89,022▲ 18.6%
Net result€36,832within the sector's middle half-€33,298within the sector's middle half▼ 9.6%€59,357above the sector's middle half▲ 78.3%€71,671above the sector's middle half▲ 20.7%
Equity€37,832within the sector's middle half-€71,129within the sector's middle half▲ 88.0%€130,486within the sector's middle half▲ 83.4%€1,000below the sector's middle half▼ 99.2%
Total assets€56,657below the sector's middle half-€101,616within the sector's middle half▲ 79.4%€156,212within the sector's middle half▲ 53.7%€50,187below the sector's middle half▼ 67.9%
Debt€18,825-€30,487▲ 61.9%€25,726▼ 15.6%€49,187▲ 91.2%
Working capital€25,831-€56,864▲ 120%€121,784▲ 114%-€9,573
Solvency66.8%within the sector's middle half-70.0%within the sector's middle half▲ 3.2pp83.5%above the sector's middle half▲ 13.5pp2.0%below the sector's middle half▼ 81.5pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 19% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50,187
Fixed assets
€10,573 ▲ 21.5%
Current assets
€39,614 ▼ 73.1%
Equity and liabilities €50,187
Equity
€1,000 ▼ 99.2%
Debt
€49,187 ▲ 91.2%
Debt's share of the balance-sheet total rises from 16.5% to 98.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€92,803▲
2024 · €80,638
Cash flow
€75,453▲
2024 · €64,920
Current ratio
0.81▼
2024 · 5.73
Debt to equity
49.19▲
2024 · 0.20
ROA
142.8%▲
2024 · 38.0%
Interest coverage
1073.86▲
2024 · 491.52
Debt ≤ 1 year
€49,187▲
2024 · €25,726
Income taxes
€18,772▲
2024 · €15,554
A ratio outside any meaningful range has been withheld (balance sheet total €50,187, equity €1,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,155 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
2.6%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 2,155 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,525 | €6,868 | €5,563 | €3,782 | ▼ 32.0% |
| Other operating charges640/8 | €1,036 | €370 | €691 | €1,230 | ▲ 77.9% |
| Gross operating margin9900 | €52,602 | €50,041 | €81,329 | €94,034 | ▲ 15.6% |
| Operating profit (loss)9901 | €47,040 | €42,802 | €75,075 | €89,022 | ▲ 18.6% |
| Financial income75/76B | €3 | €0 | €0 | €1,508 | ▲ 1,675,711% |
| Recurring financial income75 | €3 | €0 | €0 | €1,508 | ▲ 1,675,711% |
| Financial charges65/66B | €53 | €57 | €164 | €86 | ▼ 47.3% |
| Recurring financial charges65 | €53 | €57 | €164 | €86 | ▼ 47.3% |
| Profit (loss) for the period before taxes9903 | €46,991 | €42,745 | €74,911 | €90,444 | ▲ 20.7% |
| Income taxes67/77 | €10,159 | €9,447 | €15,554 | €18,772 | ▲ 20.7% |
| Profit (loss) for the period9904 | €36,832 | €33,298 | €59,357 | €71,671 | ▲ 20.7% |
| Profit (loss) for the period to be appropriated9905 | €36,832 | €33,298 | €59,357 | €71,671 | ▲ 20.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €56,657 | €101,616 | €156,212 | €50,187 | ▼ 67.9% |
| Fixed assets21/28 | €12,000 | €14,266 | €8,702 | €10,573 | ▲ 21.5% |
| Tangible fixed assets22/27 | €12,000 | €14,266 | €8,702 | €10,573 | ▲ 21.5% |
| Plant, machinery and equipment23 | - | - | - | €4,738 | - |
| Furniture and vehicles24 | €12,000 | €14,266 | €8,702 | €5,835 | ▼ 33.0% |
| Current assets29/58 | €44,657 | €87,350 | €147,510 | €39,614 | ▼ 73.1% |
| Amounts receivable within one year40/41 | €28,913 | €16,456 | €14,611 | €15,325 | ▲ 4.9% |
| Trade receivables40 | €28,913 | €16,456 | €14,611 | €15,325 | ▲ 4.9% |
| Cash at bank and in hand54/58 | €12,503 | €67,147 | €131,585 | €22,763 | ▼ 82.7% |
| Deferred charges and accrued income490/1 | €3,241 | €3,748 | €1,314 | €1,527 | ▲ 16.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €56,657 | €101,616 | €156,212 | €50,187 | ▼ 67.9% |
| Equity10/15 | €37,832 | €71,129 | €130,486 | €1,000 | ▼ 99.2% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €36,832 | €70,129 | €129,486 | €0 | ▼ 100% |
| Distributable reserves133 | €36,832 | €70,129 | €129,486 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | €0 | - |
| Amounts payable17/49 | €18,825 | €30,487 | €25,726 | €49,187 | ▲ 91.2% |
| Amounts payable within one year42/48 | €18,825 | €30,487 | €25,726 | €49,187 | ▲ 91.2% |
| Financial debts43 | - | - | €119 | €421 | ▲ 253% |
| Credit institutions430/8 | - | - | €119 | €421 | ▲ 253% |
| Trade debts44 | €143 | €3,006 | €3,034 | €505 | ▼ 83.3% |
| Suppliers440/4 | €143 | €3,006 | €3,034 | €505 | ▼ 83.3% |
| Taxes, remuneration and social security45 | €17,825 | €18,774 | €21,989 | €26,005 | ▲ 18.3% |
| Taxes450/3 | €13,630 | €14,286 | €20,139 | €26,005 | ▲ 29.1% |
| Remuneration and social security454/9 | €4,195 | €4,489 | €1,850 | €0 | ▼ 100% |
| Other amounts payable47/48 | €857 | €8,706 | €584 | €22,255 | ▲ 3,711% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,832 | €33,298 | €59,357 | €71,671 | ▲ 20.7% |
| + Depreciation and write-downs630 | €4,525 | €6,868 | €5,563 | €3,782 | ▼ 32.0% |
| Operating cash flow (approximation) | €41,357 | €40,166 | €64,920 | €75,453 | ▲ 16.2% |
| Investment in fixed assets (approximation) | - | -€9,134 | €0 | -€5,652 | - |
| Change in cash | - | €54,644 | €64,438 | -€108,822 | ▼ 269% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
State Gazette act
Incorporation · Founder
Corporate purpose · Founding capital
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €71,671 ▲20.7%
Operating result €89,022, net result €71,671, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 5.73
Current ratio from 2.87 to 5.73; short-term debt falls from €30,487 to €25,726.
31-12
Financial
Equity above €100,000Eq €130,486 ▲83.4%
3 profitable years in a row build equity to €130,486.
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €33,298 ▼9.6%
Net result drops to €33,298, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Antwerpen · 1 establishment unit since 2022
Ground area
228 m²
Building footprint
90 m²
Volume, LiDAR
706 m³
Parcel 11051B0374/00N004, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CB Engineering
since 20222.327.021.585
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0374/00N004 | Flanders | 228 m² | 1 · 90 m² | 8.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 1,867 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0781390923
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.