CdMZ
ActiveSummary
CdMZ has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.70M and a net result of €-158k. Equity remains stable across the filed fiscal years (±1.8% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-3
Solvency87▼-2
Growth35=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 39.11 against 52.63 in 2024; short-term debt: 1.2% and cash: 0.2% of total assets), and 37.5% of the assets are financed with debt.
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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
62.5%
Return on assets
-2.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-158k
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
14 d early
2023
57 d early
2022
66 d early
2021
69 d early
2020
58 d early
2019
65 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€98k▲ 5.9%
2020 · €93k
2018: €90k
2019: €92k
2020: €93k
2018 → 2022
EBIT margin
-44.4%▲ 6.0pp
2020 · -50.4%
2018: -61.3%
2019: -50.7%
2020: -50.4%
2018 → 2022
Net result
€-158k▼ 64.0%
2024 · €-96k
2018: €-56k
2019: €-73k
2020: €-37k
2021: €-51k
2022: €-96k
2023: €-70k
2024: €-96k
2018 → 2025
Working capital
€2.65M▼ 5.1%
2024 · €2.79M
2019: €2.78M
2020: €2.81M
2021: €2.83M
2022: €2.82M
2023: €2.81M
2024: €2.79M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€98k
Equity€4.12M-€4.03M▼ 2.3%€3.96M▼ 1.7%€3.86M▼ 2.4%€3.70M▼ 4.1%
Operating result€-58k-€-44k▲ 24.3%€-35k▲ 19.3%€-44k▼ 25.2%€-61k▼ 38.6%
Net result€-51k-€-96k▼ 89.7%€-70k▲ 27.6%€-96k▼ 38.0%€-158k▼ 64.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €61k in 2025 against €44k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.93M
Fixed assets
€3.21M ▼ 0.7%
Current assets
€2.71M ▼ 4.5%
Equity and liabilities €5.93M
Equity
€3.70M ▼ 4.1%
Debt
€2.22M ▲ 0.3%
Debt's share of the balance-sheet total rises from 36.5% to 37.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€62k▼
2024 · €81k
Cash flow
€-35k▼
2024 · €29k
Current ratio
39.11▼
2024 · 52.63
Debt to equity
0.60▲
2024 · 0.57
ROE
-4.3%▼
2024 · -2.5%
ROA
-2.7%▼
2024 · -1.6%
Interest coverage
0.41▼
2024 · 0.66
Debt ≤ 1 year
€69k▲
2024 · €54k
Debt > 1 year
€2.10M▼
2024 · €2.15M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.08M€5.93M▼
Fixed assets21/28€3.24M€3.21M▼
Tangible fixed assets22/27€3.24M€3.21M▼
Land and buildings22€3.24M€3.11M▼
Plant, machinery and equipment23€2k€74▼
Assets under construction and advance payments27-€99k
Current assets29/58€2.84M€2.71M▼
Amounts receivable within one year40/41€3k€16k▲
Other amounts receivable41€3k€16k▲
Current investments50/53€2.83M€2.68M▼
Cash at bank and in hand54/58€9k€14k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€6.08M€5.93M▼
Equity10/15€3.86M€3.70M▼
Contributions10/11€4.00M€4.00M=
Capital10€4.00M€4.00M=
Issued capital100€4.00M€4.00M=
Reserves13€400k€400k=
Non-distributable reserves130/1€400k€400k=
Legal reserve130€400k€400k=
Profit (loss) carried forward14€-539k€-697k▼
Amounts payable17/49€2.22M€2.22M▲
Amounts payable after more than one year17€2.15M€2.10M▼
Financial debts170/4€2.15M€2.10M▼
Amounts payable within one year42/48€54k€69k▲
Current portion of amounts payable after more than one year42€50k€50k=
Trade debts44€4k€19k▲
Suppliers440/4€4k€19k▲
Accrued charges and deferred income492/3€14k€55k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125k€123k▼
Other operating charges640/8€7k€14k▲
Gross operating margin9900€89k€75k▼
Operating profit (loss)9901€-44k€-61k▼
Financial income75/76B€96k€53k▼
Recurring financial income75€96k€53k▼
Financial charges65/66B€123k€150k▲
Recurring financial charges65€123k€150k▲
Profit (loss) for the period before taxes9903€-70k€-158k▼
Income taxes67/77€26k-
Profit (loss) for the period9904€-96k€-158k▼
Profit (loss) for the period to be appropriated9905€-96k€-158k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-539k€-697k▼
Profit (loss) brought forward from the previous period14P€-443k€-539k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-158k
Net result drops to €-158k, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
21 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, Grimbergen · 1 establishment unit since 1998
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.
Sint-Amandsstraat 931853 GrimbergenGround area
3,009 m²
Building footprint
176 m²
Volume, LiDAR
1,318 m³
Parcel 23084A0347/00T000, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CdMZ
since 19982.086.584.717
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0347/00T000 | Flanders | 3,009 m² | 1 · 176 m² | 13.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-04-1998
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.