CBS - CUSTOMIZED BREWING SOLUTIONS

Active

Private limited companyfounded 199036 yrs activeHeide 5, 1780 Wemmel, BelgiumKBO/BCE: BE 0439.609.641

CBS - CUSTOMIZED BREWING SOLUTIONS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.89M and a net result of €10k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 58% of 9039 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability62▼-1

Solvency76▼-12

Growth55▲+1

Track record100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €220k at 30 days only on tighter terms

Liquidity ample (current ratio 1.57 against 2.15 in 2023; short-term debt: 41% and cash: 44% of total assets), and 48.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

51.1%

Return on assets

0.1%

Age of the figures

21 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-12-2025, 138 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

138 d late

2023

135 d late

2022

113 d late

2021

78 d late

2020

281 d late

2019

137 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Turnover

€5.15M▲ 11.3%

2023 · €4.62M

2018: €3.31M 2019: €3.38M 2020: €3.62M 2021: €4.24M 2022: €5.15M 2023: €4.62M

2018 → 2024

EBIT margin

0.6%▼ 0.3pp

2023 · 1.0%

2018: 34.6% 2019: 27.1% 2020: 26.4% 2021: 8.5% 2022: 2.3% 2023: 1.0%

2018 → 2024

Net result

€10k▼ 56.0%

2023 · €22k

2018: €795k 2019: €637k 2020: €703k 2021: €249k 2022: €45k 2023: €22k

2018 → 2024

Working capital

€1.77M▼ 20.0%

2023 · €2.22M

2018: €2.21M 2019: €2.31M 2020: €2.10M 2021: €2.06M 2022: €2.17M 2023: €2.22M

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€3.62M-€4.24M▲ 17.1%€5.15M▲ 21.6%€4.62M▼ 10.3%€5.15M▲ 11.3%

Equity€4.16M-€4.41M▲ 6.0%€4.46M▲ 1.0%€4.48M▲ 0.5%€3.89M▼ 13.2%

Operating result€957k-€361k▼ 62.3%€118k▼ 67.3%€46k▼ 61.4%€33k▼ 26.8%

Net result€703k-€249k▼ 64.5%€45k▼ 82.1%€22k▼ 50.1%€10k▼ 56.0%

Result per fiscal year

Operating resultNet result

The operating result has fallen four years in a row; 2024 is 27% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €7.61M

35.7%

64.3%

Fixed assets €2.72M▼ 7.9%

Current assets €4.89M▲ 18.2%

Equity and liabilities €7.61M

51.1%

48.9%

Equity €3.89M▼ 13.2%

Debt €3.72M▲ 42.5%

The debt ratio rises from 36.9% to 48.9%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€354k▼

2023 · €361k

Cash flow

€330k▼

2023 · €338k

Solvency

51.1%▼

2023 · 63.1%

Current ratio

1.57▼

2023 · 2.15

Quick ratio

1.41▼

2023 · 1.91

Debt / equity

0.96▲

2023 · 0.58

ROE

0.3%▼

2023 · 0.5%

ROA

0.1%▼

2023 · 0.3%

Interest coverage

26.30▲

2023 · 25.37

Debt

€3.72M▲

2023 · €2.61M

Debt ≤ 1 year

€3.12M▲

2023 · €1.92M

Debt > 1 year

€603k▼

2023 · €671k

Income taxes

€10k▼

2023 · €15k

Staff costs

€153k▲

2023 · €118k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€7.09M€7.61M▲

Fixed assets21/28€2.95M€2.72M▼

Intangible fixed assets21-€2k

Tangible fixed assets22/27€2.95M€2.71M▼

Land and buildings22€2.54M€2.37M▼

Plant, machinery and equipment23€337k€292k▼

Furniture and vehicles24€76k€47k▼

Financial fixed assets28€2k€2k=

Current assets29/58€4.14M€4.89M▲

Stocks and contracts in progress3€457k€487k▲

Stocks30/36€457k€487k▲

Amounts receivable within one year40/41€1.01M€1.04M▲

Trade receivables40€820k€441k▼

Other amounts receivable41€186k€603k▲

Cash at bank and in hand54/58€2.66M€3.35M▲

Deferred charges and accrued income490/1€20k€13k▼

Equity and liabilities

Total equity and liabilities10/49€7.09M€7.61M▲

Equity10/15€4.48M€3.89M▼

Contributions10/11€19k€19k=

Reserves13€122k€122k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€120k€120k=

Profit (loss) carried forward14€4.34M€3.75M▼

Amounts payable17/49€2.61M€3.72M▲

Amounts payable after more than one year17€671k€603k▼

Financial debts170/4€671k€603k▼

Amounts payable within one year42/48€1.92M€3.12M▲

Current portion of amounts payable after more than one year42€68k€111k▲

Trade debts44€1.05M€2.29M▲

Suppliers440/4€1.05M€2.29M▲

Taxes, remuneration and social security45€802k€119k▼

Taxes450/3-€91k

Remuneration and social security454/9€802k€28k▼

Other amounts payable47/48-€600k

Accrued charges and deferred income492/3€18k-

Income statement Code20232024

Turnover70€4.62M€5.15M▲

Goods, raw materials, services and sundry goods60/61€4.25M€4.69M▲

Remuneration, social security and pensions62€118k€153k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€315k€320k▲

Other operating charges640/8€21k€17k▼

Gross operating margin9900€500k€523k▲

Operating profit (loss)9901€46k€33k▼

Financial income75/76B€6k€4▼

Recurring financial income75€6k€4▼

Financial charges65/66B€14k€13k▼

Recurring financial charges65€14k€13k▼

Profit (loss) for the period before taxes9903€37k€20k▼

Income taxes67/77€15k€10k▼

Profit (loss) for the period9904€22k€10k▼

Profit (loss) for the period to be appropriated9905€22k€10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€4.35M€4.35M=

Profit (loss) brought forward from the previous period14P€4.33M€4.34M▲

Transfer to equity691/2€10k-

To other reserves6921€10k-

Profit to be distributed694/7-€600k

Return on contributions (dividend)694-€600k

Social balance

Average headcount (FTE)90873.02.6▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 1Filings 10

2025

16-12

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 138 days late

2024

31-12

Financial Weakest financial yearnet €10k ▼56%

Net result drops to €10k, the lowest in the series.

13-12

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 135 days late

2023

21-11

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 113 days late

2022

17-10

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 78 days late

08-05

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 281 days late

2020

15-12

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 137 days late

2019

11-10

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 72 days late

2018

27-09

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 58 days late

2017

29-09

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 60 days late

2016

22-09

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 53 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Wemmel · 3 establishment units since 1990

establishment All 3 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Heide 51780 Wemmel

Ground area

4,936 m²

Building footprint

1,878 m²

Volume, LiDAR

10,516 m³

3 parcels, Brussels, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.

3 establishment units

CBS - CUSTOMIZED BREWING SOLUTIONS

Kloosterstraat 75, 1020 BrusselAir transport

since 19902.047.170.251

CBS - CUSTOMIZED BREWING SOLUTIONS

Broekstraat 87, 1745 OpwijkWholesale of other food products

since 20102.192.017.282

CBS - CUSTOMIZED BREWING SOLUTIONS

Heide 5, 1780 WemmelWholesale of other food products

since 20192.299.326.008

3 parcels

Flanders 2 (66.7%) Brussels 1 (33.3%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
22662B0362/00K002	Flanders	3,189 m²	1 · 1,604 m²	7.8 m · 2 fl.
23060B0186/00T000	Flanders	1,522 m²	1 · 178 m²	9.9 m · 2 fl.
21816C0023/00M007	Brussels	226 m²	1 · 97 m²	13.8 m · 4 fl.