CCSB
ActiveSummary
The annual accounts of CCSB for fiscal year 2024 show a net loss of 56% of the equity at the start of that year. The 2024 annual accounts show equity of €100,063 and a net result of -€128,443. Equity is shrinking by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 4343 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-62
Solvency52▼-15
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.62 against 2.49 in 2023; short-term debt: 23.6% and cash: 20.9% of total assets), but 73.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
26.9%
Return on assets
-34.6%
Age of the figures
21 mo
raises risk · 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 25-11-2025, 117 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
117 d late
2023
61 d late
2022
31 d late
2021
26 d early
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€100,063▼ 56.2%
2023 · €228,506
Total assets
€371,679▼ 31.0%
2023 · €538,671
Net result
-€128,443
2023 · €67,514
Working capital
€54,680▼ 71.7%
2023 · €193,260
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical 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
Line20202021202220232024
Operating result€11,945▼ 92.4%-€13,060€145,985€143,357▼ 1.8%-€124,870
Net result€10,276within the sector's middle half▼ 91.5%-€12,572below the sector's middle half€99,849above the sector's middle half€67,514above the sector's middle half▼ 32.4%-€128,443below the sector's middle half
Equity€373,715above the sector's middle half▲ 2.8%€361,143above the sector's middle half▼ 3.4%€160,991above the sector's middle half▼ 55.4%€228,506above the sector's middle half▲ 41.9%€100,063within the sector's middle half▼ 56.2%
Total assets€420,460above the sector's middle half▼ 0.9%€489,718above the sector's middle half▲ 16.5%€713,656above the sector's middle half▲ 45.7%€538,671above the sector's middle half▼ 24.5%€371,679above the sector's middle half▼ 31.0%
Debt€46,745▼ 23.3%€128,575▲ 175%€552,665▲ 330%€310,165▼ 43.9%€271,616▼ 12.4%
Working capital€350,951▼ 3.0%€345,835▼ 1.5%€144,113▼ 58.3%€193,260▲ 34.1%€54,680▼ 71.7%
Solvency88.9%above the sector's middle half▲ 3.2pp73.7%above the sector's middle half▼ 15.1pp22.6%within the sector's middle half▼ 51.2pp42.4%within the sector's middle half▲ 19.9pp26.9%within the sector's middle half▼ 15.5pp
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical 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
The operating result turns negative in 2024: a loss of €124,870 after €143,357 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €371,679
Fixed assets
€229,272 ▲ 6.1%
Current assets
€142,407 ▼ 55.9%
Equity and liabilities €371,679
Equity
€100,063 ▼ 56.2%
Debt
€271,616 ▼ 12.4%
Debt's share of the balance-sheet total rises from 57.6% to 73.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€91,347▼
2023 · €171,773
Cash flow
-€94,920▼
2023 · €95,931
Current ratio
1.62▼
2023 · 2.49
Debt to equity
2.71▲
2023 · 1.36
ROE
-128.4%▼
2023 · 29.5%
ROA
-34.6%▼
2023 · 12.5%
Interest coverage
-12.29▼
2023 · 3.31
Debt ≤ 1 year
€87,727▼
2023 · €129,333
Debt > 1 year
€183,889▲
2023 · €180,832
Income taxes
€192▼
2023 · €26,400
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,135 companies that looked in July 2024 the way this one looks now, 5.9% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
5.9%
went bankrupt
6.5%
stopped otherwise
86%
still going
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% 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 1,135 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,792 | €9,600 | €24,243 | €28,416 | €33,523 | ▲ 18.0% |
| Other operating charges640/8 | - | €546 | €348 | €5,438 | €2,350 | ▼ 56.8% |
| Gross operating margin9900 | €24,863 | -€2,914 | €170,576 | €177,211 | -€88,997 | ▼ 150% |
| Operating profit (loss)9901 | €11,945 | -€13,060 | €145,985 | €143,357 | -€124,870 | ▼ 187% |
| Financial income75/76B | - | €2,240 | €1,955 | €2,431 | €4,054 | ▲ 66.7% |
| Recurring financial income75 | €2,603 | €2,240 | €1,955 | €2,431 | €4,054 | ▲ 66.7% |
| Financial charges65/66B | - | €1,577 | €5,051 | €51,874 | €7,435 | ▼ 85.7% |
| Recurring financial charges65 | €105 | €1,577 | €5,051 | €51,874 | €7,435 | ▼ 85.7% |
| Profit (loss) for the period before taxes9903 | €14,442 | -€12,396 | €142,889 | €93,914 | -€128,251 | ▼ 237% |
| Income taxes67/77 | €4,166 | €176 | €43,040 | €26,400 | €192 | ▼ 99.3% |
| Profit (loss) for the period9904 | €10,276 | -€12,572 | €99,849 | €67,514 | -€128,443 | ▼ 290% |
| Profit (loss) for the period to be appropriated9905 | €10,276 | -€12,572 | €99,849 | €67,514 | -€128,443 | ▼ 290% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €420,460 | €489,718 | €713,656 | €538,671 | €371,679 | ▼ 31.0% |
| Fixed assets21/28 | €22,763 | €118,652 | €202,730 | €216,078 | €229,272 | ▲ 6.1% |
| Tangible fixed assets22/27 | €22,763 | €118,652 | €202,730 | €216,078 | €229,272 | ▲ 6.1% |
| Plant, machinery and equipment23 | - | €100,496 | €189,910 | €208,593 | €227,122 | ▲ 8.9% |
| Furniture and vehicles24 | - | €18,156 | €12,821 | €7,485 | €2,150 | ▼ 71.3% |
| Current assets29/58 | €397,696 | €371,065 | €510,926 | €322,592 | €142,407 | ▼ 55.9% |
| Amounts receivable within one year40/41 | €38,398 | €77,466 | €78,065 | €64,829 | €64,592 | ▼ 0.4% |
| Trade receivables40 | - | €40,174 | €69,022 | €42,736 | €7,188 | ▼ 83.2% |
| Other amounts receivable41 | - | €37,292 | €9,043 | €22,094 | €57,404 | ▲ 160% |
| Cash at bank and in hand54/58 | €357,462 | €290,561 | €432,860 | €257,763 | €77,815 | ▼ 69.8% |
| Deferred charges and accrued income490/1 | - | €3,039 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €420,460 | €489,718 | €713,656 | €538,671 | €371,679 | ▼ 31.0% |
| Equity10/15 | €373,715 | €361,143 | €160,991 | €228,506 | €100,063 | ▼ 56.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €101,708 | €169,208 | €169,208 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €99,848 | €167,348 | €167,348 | = |
| Profit (loss) carried forward14 | €353,255 | €340,683 | €40,683 | €40,698 | -€87,745 | ▼ 316% |
| Amounts payable17/49 | €46,745 | €128,575 | €552,665 | €310,165 | €271,616 | ▼ 12.4% |
| Amounts payable after more than one year17 | - | €102,805 | €185,356 | €180,832 | €183,889 | ▲ 1.7% |
| Financial debts170/4 | - | €102,805 | €185,356 | €180,832 | €183,889 | ▲ 1.7% |
| Amounts payable within one year42/48 | €46,745 | €25,230 | €366,813 | €129,333 | €87,727 | ▼ 32.2% |
| Current portion of amounts payable after more than one year42 | - | - | €12,647 | €17,041 | €17,496 | ▲ 2.7% |
| Trade debts44 | €3,281 | €13,123 | €41,127 | €7,206 | €22,652 | ▲ 214% |
| Suppliers440/4 | - | €13,123 | €41,127 | €7,206 | €22,652 | ▲ 214% |
| Taxes, remuneration and social security45 | - | €12,107 | €13,040 | €14,807 | €2,301 | ▼ 84.5% |
| Taxes450/3 | - | €12,107 | €13,040 | €13,307 | - | - |
| Remuneration and social security454/9 | - | - | - | €1,500 | €2,301 | ▲ 53.4% |
| Other amounts payable47/48 | - | - | €300,000 | €90,279 | €45,279 | ▼ 49.8% |
| Accrued charges and deferred income492/3 | - | €540 | €496 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,276 | -€12,572 | €99,849 | €67,514 | -€128,443 | ▼ 290% |
| + Depreciation and write-downs630 | €3,792 | €9,600 | €24,243 | €28,416 | €33,523 | ▲ 18.0% |
| Operating cash flow (approximation) | €14,068 | -€2,972 | €124,092 | €95,931 | -€94,920 | ▼ 199% |
| Investment in fixed assets (approximation) | - | -€105,489 | -€108,322 | -€41,764 | -€46,717 | ▼ 11.9% |
| Change in cash | - | -€66,902 | €142,300 | -€175,097 | -€179,948 | ▼ 2.8% |
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
2025
25-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 117 days late
2024
31-12
Financial
Weakest financial yearnet -€128,443
Net result drops to -€128,443, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Equity above €200,000Eq €228,506 ▲41.9%
2 profitable years in a row build equity to €228,506.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €99,849
Net result €99,849 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 6.94
Current ratio from 3.40 to 6.94; short-term debt falls from €101,808 to €60,947.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Vorst · 1 establishment unit since 2017
Ground area
395 m²
Building footprint
125 m²
Volume, LiDAR
1,373 m³
Parcel 21007A0069/00G069, Brussels · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CCSB
since 20172.262.871.725
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0069/00G069 | Brussels | 395 m² | 1 · 125 m² | 15.2 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900UK2KJWWF27C759
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C I O
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FILLES A PAPA
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ADVOCATENKANTOOR L. CLAESSENS
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Dewallens & partners
BE 0465.849.824
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Of 3,838 companies in sector 74111 we hold annual accounts for 1,006. 777 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
Founded21-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74140Other specialised design activities
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0672888604
Also
9925:BE0672888604
Registered
19-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.