Equity
-€9,378
Debts exceed assets in financial year 2025.
CBMS
Lifetime
1 annual account with figurespeak -€10,880 (2025)
-€10,880
lowest -€12,378 (2025)
-€12,378
peak -€9,378 (2025)
-€9,378
€162,430
Board1 name since 2024
1 directorTAS, Murat
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Loss of €12,378First year with figures
Key points
from the 2025 annual accountsDebts
€162,430 106% of the balance sheet
Suppliers 21%Taxes and wages 1%Other 78%
At the same address
84 companies
2025 accounts filed 26 days after the deadlineTurnover not published (micro format)
Checked score
50
Fair
Financially stronger than 13% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 1.6%lowest value
09-2025: 1.7%▲ +0.1 percentage points vs 08-2025
10-2025: 2.0%▲ +0.3 percentage points vs 09-2025
11-2025: 2.1%▲ +0.1 percentage points vs 10-2025
12-2025: 2.4%▲ +0.3 percentage points vs 11-2025
01-2026: 2.4%● unchanged vs 12-2025
02-2026: 2.6%▲ +0.2 percentage points vs 01-2026
03-2026: 2.7%▲ +0.1 percentage points vs 02-2026
04-2026: 2.5%▼ -0.2 percentage points vs 03-2026
05-2026: 2.6%▲ +0.1 percentage points vs 04-2026
06-2026: 2.9%▲ +0.3 percentage points vs 05-2026
07-2026: 2.9%● unchanged vs 06-2026
08-2026: 2.9%● unchanged vs 07-2026highest value
09-2026: 2.5%▼ -0.4 percentage points vs 08-2026
10-2026: 2.5%● unchanged vs 09-2026
11-2026: 2.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Liquidity: current ratio 0.94, cash €5,819
Negative equity -€9,378
lowers risk
Size: total assets €153,052
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 15% of them on solvency, 7% on liquidity and 16% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as CBMS has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CBMS itself: 2.5% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 1,555 companies, not a prediction for CBMS. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.94, below 1. Short-term debt is 106.1% and cash 3.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
26 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- Murat Tas 40%deed of 31-12-2024
- Hakan Bahadir Bahat 60%deed of 31-12-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011053467
Murat Tas holds 40% of the shares
Hakan Bahadir Bahat holds 60% of the shares · Board meeting of 18-10-2024 · Gazette deed
Incorporation
Founding capital of €3,000 · Founders: BAHAT, Hakan Bahadir; TAS, Murat · Appointment: TAS, Murat (director) · published on 04-07-2024 · Gazette deed
First establishment
Excelsiorlaan 31, Zaventem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CBMS Zaventem | €153,052 | -€10,880 | -6.1% | - |
| Tuinmaterialen Van Roey Bilzen-Hoeselt | €131,697 | €61 | 0.6% | - |
| CLJ Invest Merelbeke-Melle | €255,233 | -€44,453 | 11.2% | - |
| CLICK & BRIC Zaventem | €104,459 | €2,090 | 0.7% | - |
| BRI&CO Kampenhout | €352,964 | -€104,065 | 15.3% | - |
| NOAH TRADING Jette | €94,071 | -€5,465 | 11.5% | - |
| Penetron Benelux Herentals | €312,094 | -€38,573 | 3.8% | - |
These companies have the same main activity as CBMS: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €94,100 and €353,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 02-07-2024Normal situation
- Registered office
- 85 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Wholesale of construction materials, general rangeNACE 46831and 5 others
- Establishment unit
- 2.363.148.7411930 Zaventem, since 02-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 21-08-2025
Insights on CBMS
The computed 12-month bankruptcy probability of CBMS is 2.5% (moderate). The 2025 annual accounts show negative equity (-€9,378) and a net result of -€12,378.
Its solvency ranks better than 18% of 13,805 sector peers (NACE 46, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CBMS
- What is the company number of CBMS?
- The company number of CBMS is 1011.053.467. The VAT number is the same number with BE in front: BE 1011.053.467.
- Where is CBMS based?
- The registered office is at Excelsiorlaan 31, 1930 Zaventem.Company details
- What does CBMS do?
- According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
- What is the legal form of CBMS?
- CBMS is a private limited company (BV).
- When was CBMS founded?
- CBMS was founded on 02-07-2024.
- Is CBMS still active?
- Yes, CBMS is an active enterprise in the KBO register.
- What is the turnover of CBMS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is CBMS profitable?
- In financial year 2025, CBMS made a loss of €12,378.
- Where can I find the annual accounts of CBMS?
- CBMS filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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