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CBTT

Active
Private limited companyfounded 2013active for 12 yearsRijselvoorstad(WAA) 16, 7784 Comines-Warneton, BelgiumKBO/BCE: BE 0543.601.262
Summary

CBTT has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.9m and a net result of €247,799. Equity remains stable across the filed financial years (±2.5% per year). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€247,799▲ 176%
2023 · €89,710
Working capital
€3.6m▲ 7.4%
2023 · €3.3m
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result stays negative: a loss of €23,245 in 2024 against €11,090 in 2023; the loss grows and 2024 has the lowest result in the available series.

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

Operating result-€0.02m 2024 Net result€0.2m 2024

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

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result-€0.01m--€0.007m▲ 29.6%-€0.009m▼ 26.5%-€0.008m▲ 12.4%-€0.007m▲ 9.5%-€0.01m▼ 59.4%-€0.02m▼ 110%
Net result€0.2m--€1.7m€0.03m€0.2m▲ 505%€0.08m▼ 50.7%€0.09m▲ 16.7%€0.2m▲ 176%
Equity€5.0m-€3.3m▼ 34.3%€3.3m▲ 0.8%€3.4m▲ 4.7%€3.5m▲ 2.2%€3.6m▲ 2.6%€3.9m▲ 6.9%
Total assets€5.1m-€3.3m▼ 35.2%€3.3m▲ 1.1%€3.5m▲ 5.3%€3.6m▲ 2.8%€3.7m▲ 2.2%€4.4m▲ 19.3%
Debt€0.1m-€0.02m▼ 82.8%€0.03m▲ 68.5%€0.05m▲ 64.7%€0.07m▲ 44.0%€0.06m▼ 16.3%€0.5m▲ 826%
Working capital€2.8m-€3.0m▲ 8.8%€3.0m▲ 0.9%€3.2m▲ 5.1%€3.3m▲ 2.5%€3.3m▲ 2.8%€3.6m▲ 7.4%
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.4m
Fixed assets €258,000 =
Current assets €4.1m ▲ 20.7%
Equity and liabilities €4.4m
Equity €3.9m ▲ 6.9%
Debt €512,617 ▲ 826%
Debt's share of the balance-sheet total rises from 1.5% to 11.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€23,163▼
2023 · -€9,877
Cash flow
€247,881▲
2023 · €90,923
Current ratio
8.01▼
2023 · 61.42
Debt to equity
0.13▲
2023 · 0.02
ROE
6.4%▲
2023 · 2.5%
ROA
5.7%▲
2023 · 2.5%
Interest coverage
-0.88▼
2023 · -0.07
Debt ≤ 1 year
€512,617▲
2023 · €55,380
Income taxes
€124,650▲
2023 · €33,923
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
96.5% still going

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,811 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€3.7m€4.4m▲
Fixed assets21/28€0.3m€0.3m=
Tangible fixed assets22/27€82-
Furniture and vehicles24€82-
Financial fixed assets28€0.3m€0.3m=
Current assets29/58€3.4m€4.1m▲
Amounts receivable within one year40/41€0.4m€1.0m▲
Other amounts receivable41€0.4m€1.0m▲
Current investments50/53€2.2m€2.6m▲
Cash at bank and in hand54/58€0.8m€0.4m▼
Deferred charges and accrued income490/1-€0.01m
Equity and liabilities
Total equity and liabilities10/49€3.7m€4.4m▲
Equity10/15€3.6m€3.9m▲
Contributions10/11€2.2m€2.2m=
Reserves13€1.4m€1.7m▲
Non-distributable reserves130/1€0.2m€0.7m▲
Reserves not available under the articles1311€0.2m€0.7m▲
Tax-exempt reserves132-€0.8m
Distributable reserves133€1.2m€0.1m▼
Amounts payable17/49€0.06m€0.5m▲
Amounts payable within one year42/48€0.06m€0.5m▲
Current portion of amounts payable after more than one year42-€0.4m
Trade debts44€0.001m-
Suppliers440/4€0.001m-
Taxes, remuneration and social security45€0.05m€0.1m▲
Taxes450/3€0.05m€0.1m▲
Other amounts payable47/48€0.007m€0.007m=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m€82▼
Gross operating margin9900-€0.01m-€0.02m▼
Operating profit (loss)9901-€0.01m-€0.02m▼
Financial income75/76B€0.3m€0.4m▲
Recurring financial income75€0.3m€0.4m▲
Financial charges65/66B€0.1m€0.03m▼
Recurring financial charges65€0.1m€0.03m▼
Profit (loss) for the period before taxes9903€0.1m€0.4m▲
Income taxes67/77€0.03m€0.1m▲
Profit (loss) for the period9904€0.09m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.09m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.03m€0.2m▲
Profit (loss) brought forward from the previous period14P-€0.06m-
Transfer to equity691/2€0.03m€0.2m▲
To other reserves6921€0.03m€0.2m▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€82▼ 93.2%
Gross operating margin9900-€0.009m-€0.006m-€0.008m-€0.006m-€0.006m-€0.01m-€0.02m▼ 135%
Operating profit (loss)9901-€0.01m-€0.007m-€0.009m-€0.008m-€0.007m-€0.01m-€0.02m▼ 110%
Financial income75/76B---€0.2m€0.2m€0.3m€0.4m▲ 48.6%
Recurring financial income75€0.3m€0.3m€0.09m€0.2m€0.2m€0.3m€0.4m▲ 48.6%
Financial charges65/66B---€0.02m€0.06m€0.1m€0.03m▼ 82.3%
Recurring financial charges65€0.07m€0.03m€0.04m€0.02m€0.06m€0.1m€0.03m▼ 82.3%
Profit (loss) for the period before taxes9903€0.3m-€1.7m€0.05m€0.2m€0.1m€0.1m€0.4m▲ 201%
Income taxes67/77€0.05m€0.01m€0.02m€0.04m€0.05m€0.03m€0.1m▲ 267%
Profit (loss) for the period9904€0.2m-€1.7m€0.03m€0.2m€0.08m€0.09m€0.2m▲ 176%
Profit (loss) for the period to be appropriated9905€0.2m-€1.7m€0.03m€0.2m€0.08m€0.09m€0.2m▲ 176%
Line2018201920202021202220232024Change
Assets
Total assets20/58€5.1m€3.3m€3.3m€3.5m€3.6m€3.7m€4.4m▲ 19.3%
Fixed assets21/28€2.2m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Tangible fixed assets22/27€0.001m€0.001m€0€0.003m€0.001m€82--
Furniture and vehicles24---€0.003m€0.001m€82--
Financial fixed assets28€2.2m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Current assets29/58€2.8m€3.0m€3.1m€3.2m€3.3m€3.4m€4.1m▲ 20.7%
Amounts receivable within one year40/41----€0.08m€0.4m€1.0m▲ 173%
Other amounts receivable41----€0.08m€0.4m€1.0m▲ 173%
Current investments50/53€1.6m€1.5m€1.9m€2.2m€1.9m€2.2m€2.6m▲ 16.8%
Cash at bank and in hand54/58€1.2m€1.5m€1.2m€1.0m€1.4m€0.8m€0.4m▼ 43.2%
Deferred charges and accrued income490/1----€0.001m-€0.01m-
Equity and liabilities
Total equity and liabilities10/49€5.1m€3.3m€3.3m€3.5m€3.6m€3.7m€4.4m▲ 19.3%
Equity10/15€5.0m€3.3m€3.3m€3.4m€3.5m€3.6m€3.9m▲ 6.9%
Contributions10/11€2.2m€2.2m-€2.2m€2.2m€2.2m€2.2m=
Reserves13€2.8m€1.1m€1.1m€1.3m€1.4m€1.4m€1.7m▲ 17.6%
Non-distributable reserves130/1---€0.2m€0.2m€0.2m€0.7m▲ 351%
Reserves not available under the articles1311---€0.2m€0.2m€0.2m€0.7m▲ 351%
Tax-exempt reserves132------€0.8m-
Distributable reserves133---€1.1m€1.2m€1.2m€0.1m▼ 90.7%
Profit (loss) carried forward14--€0.09m-€0.06m-€0.06m-€0.06m---
Amounts payable17/49€0.1m€0.02m€0.03m€0.05m€0.07m€0.06m€0.5m▲ 826%
Amounts payable within one year42/48€0.1m€0.02m€0.03m€0.05m€0.07m€0.06m€0.5m▲ 826%
Current portion of amounts payable after more than one year42------€0.4m-
Trade debts44-€0.001m€0.001m€0.001m€0.003m€0.001m--
Suppliers440/4---€0.001m€0.003m€0.001m--
Taxes, remuneration and social security45---€0.04m€0.06m€0.05m€0.1m▲ 151%
Taxes450/3---€0.04m€0.06m€0.05m€0.1m▲ 151%
Other amounts payable47/48---€0.007m€0.002m€0.007m€0.007m=
Line2018201920202021202220232024Change
Profit (loss) for the period9904€0.2m-€1.7m€0.03m€0.2m€0.08m€0.09m€0.2m▲ 176%
+ Depreciation and write-downs630€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€82▼ 93.2%
Operating cash flow (approximation)€0.2m-€1.7m€0.03m€0.2m€0.08m€0.09m€0.2m▲ 173%
Investment in fixed assets (approximation)-€1.9m€0-€0.004m€0€0€0-
Change in cash-€0.3m-€0.3m-€0.2m€0.4m-€0.6m-€0.3m▲ 41.3%

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

Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 29-09-2025 2025-00527059
31-12-2023 micro format 30-08-2024 2024-00437438
31-12-2022 micro format 31-08-2023 2023-00423149
31-12-2021 micro format 31-08-2022 2022-20412128
31-12-2020 micro format 30-07-2021 2021-44300233
31-12-2019 full format 30-10-2020 2020-66700256
31-12-2018 full format 30-08-2019 2019-57100570
31-12-2017 full format 31-08-2018 2018-57200435
31-12-2016 full format 28-08-2017 2017-48800290
31-12-2015 full format 31-08-2016 2016-56800154

Show all 11 filings

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