CIMAJET
ActiveSummary
CIMAJET has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,584 and a net result of €24,025. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 273 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+42
Solvency33▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.79 in 2024; short-term debt: 58.7% and cash: 2.7% of total assets), and 91.8% 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○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 273 sector peers (2025).
NBB · sector comparisonPosition among 273 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-10-2025, 21 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
21 d early
2024
3 d early
2023
on the day
2022
3 d late
2021
19 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 28 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€599,150
EBIT margin
-15.2%
Net result
€24,025
2024 · -€46,294
Working capital
-€118,360▼ 56.9%
2024 · -€75,430
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€599,150
Operating result-€93,825--€90,831▲ 3.2%€34,003-€22,593€38,105
Net result-€101,126below the sector's middle half--€97,999below the sector's middle half▲ 3.1%€26,978within the sector's middle half-€46,294below the sector's middle half€24,025within the sector's middle half
EBIT margin-15.2%
Equity€148,874below the sector's middle half-€50,875below the sector's middle half▼ 65.8%€77,853below the sector's middle half▲ 53.0%€31,559below the sector's middle half▼ 59.5%€55,584below the sector's middle half▲ 76.1%
Total assets€915,861within the sector's middle half-€763,548below the sector's middle half▼ 16.6%€822,360within the sector's middle half▲ 7.7%€766,393within the sector's middle half▼ 6.8%€679,850within the sector's middle half▼ 11.3%
Debt€766,987-€712,674▼ 7.1%€744,508▲ 4.5%€734,834▼ 1.3%€624,266▼ 15.0%
Working capital€302,359within the sector's middle half-€109,980within the sector's middle half▼ 63.6%€65,800within the sector's middle half▼ 40.2%-€75,430below the sector's middle half-€118,360below the sector's middle half▼ 56.9%
Solvency16.3%below the sector's middle half-6.7%below the sector's middle half▼ 9.6pp9.5%below the sector's middle half▲ 2.8pp4.1%below the sector's middle half▼ 5.3pp8.2%below the sector's middle half▲ 4.1pp
Current ratio3.17above the sector's middle half-1.53within the sector's middle half▼ 1.641.23within the sector's middle half▼ 0.300.79below the sector's middle half▼ 0.440.70below the sector's middle half▼ 0.09
Return on assets (ROA)-11.0%below the sector's middle half--12.8%below the sector's middle half▼ 1.8pp3.3%within the sector's middle half▲ 16.1pp-6.0%below the sector's middle half▼ 9.3pp3.5%within the sector's middle half▲ 9.6pp
Staff (FTE)0.4below the sector's middle half1below the sector's middle half▲ 150%1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €38,105 after a loss of €22,593 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €679,635
Fixed assets
€398,644 ▼ 16.8%
Current assets
€280,991 ▼ 2.0%
Equity and liabilities €679,850
Equity
€55,584 ▲ 76.1%
Debt
€624,266 ▼ 15.0%
Debt's share of the balance-sheet total falls from 95.9% to 91.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€122,168▲
2024 · €57,599
Cash flow
€108,088▲
2024 · €33,899
Quick ratio
0.38▼
2024 · 0.46
Debt to equity
11.23▼
2024 · 23.28
ROE
43.2%▲
2024 · -146.7%
Interest coverage
9.55▲
2024 · 2.38
Debt ≤ 1 year
€399,351▲
2024 · €362,044
Debt > 1 year
€224,915▼
2024 · €372,790
Income taxes
€3,580
Staff costs
€50,539▲
2024 · €50,477
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,251 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.6%
went bankrupt
2.7%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 1,251 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €599,150 | - | - | - | - |
| Non-recurring operating income76A | - | €209 | €458 | - | €21 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €626,639 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €10,395 | €20,419 | €50,477 | €50,539 | ▲ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,483 | €53,103 | €58,498 | €80,193 | €84,063 | ▲ 4.8% |
| Other operating charges640/8 | - | €500 | €1,131 | €1,939 | €10,706 | ▲ 452% |
| Gross operating margin9900 | -€74,754 | -€26,832 | €114,050 | €110,015 | €183,413 | ▲ 66.7% |
| Operating profit (loss)9901 | -€93,825 | -€90,831 | €34,003 | -€22,593 | €38,105 | ▲ 269% |
| Financial income75/76B | - | €1,300 | €2,016 | €541 | €2,297 | ▲ 324% |
| Recurring financial income75 | €14 | €1,300 | €2,016 | €541 | €2,297 | ▲ 324% |
| Financial charges65/66B | - | €8,469 | €9,040 | €24,242 | €12,797 | ▼ 47.2% |
| Recurring financial charges65 | €7,315 | €8,469 | €9,040 | €24,242 | €12,797 | ▼ 47.2% |
| Profit (loss) for the period before taxes9903 | -€101,126 | -€97,999 | €26,978 | -€46,294 | €27,606 | ▲ 160% |
| Income taxes67/77 | - | - | - | - | €3,580 | - |
| Profit (loss) for the period9904 | -€101,126 | -€97,999 | €26,978 | -€46,294 | €24,025 | ▲ 152% |
| Profit (loss) for the period to be appropriated9905 | -€101,126 | -€97,999 | €26,978 | -€46,294 | €24,025 | ▲ 152% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €915,861 | €763,548 | €822,360 | €766,393 | €679,850 | ▼ 11.3% |
| Formation expenses20 | €1,615 | €1,368 | €982 | €458 | €215 | ▼ 53.0% |
| Fixed assets21/28 | €472,657 | €445,653 | €475,090 | €479,321 | €398,644 | ▼ 16.8% |
| Intangible fixed assets21 | - | €1,836 | €2,449 | €1,546 | €1,391 | ▼ 10.1% |
| Tangible fixed assets22/27 | €472,657 | €443,818 | €472,641 | €474,775 | €394,253 | ▼ 17.0% |
| Land and buildings22 | - | €15,263 | €13,611 | €11,960 | €10,308 | ▼ 13.8% |
| Plant, machinery and equipment23 | - | €428,555 | €456,750 | €461,036 | €381,669 | ▼ 17.2% |
| Furniture and vehicles24 | - | - | €2,279 | €1,779 | €1,523 | ▼ 14.4% |
| Leasing and similar rights25 | - | - | - | - | €753 | - |
| Financial fixed assets28 | - | - | - | €3,000 | €3,000 | = |
| Current assets29/58 | €441,589 | €316,527 | €346,288 | €286,614 | €280,991 | ▼ 2.0% |
| Stocks and contracts in progress3 | €67,697 | €41,797 | €74,370 | €119,578 | €129,563 | ▲ 8.4% |
| Stocks30/36 | - | €41,797 | €28,102 | €55,147 | €73,177 | ▲ 32.7% |
| Contracts in progress37 | - | - | €46,268 | €64,431 | €56,386 | ▼ 12.5% |
| Amounts receivable within one year40/41 | €32,048 | €97,505 | €63,216 | €113,980 | €131,687 | ▲ 15.5% |
| Trade receivables40 | - | €96,766 | €62,482 | €98,150 | €117,852 | ▲ 20.1% |
| Other amounts receivable41 | - | €739 | €734 | €15,830 | €13,835 | ▼ 12.6% |
| Cash at bank and in hand54/58 | €341,845 | €177,224 | €205,935 | €46,991 | €18,497 | ▼ 60.6% |
| Deferred charges and accrued income490/1 | - | - | €2,768 | €6,066 | €1,245 | ▼ 79.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €915,861 | €763,548 | €822,360 | €766,393 | €679,850 | ▼ 11.3% |
| Equity10/15 | €148,874 | €50,875 | €77,853 | €31,559 | €55,584 | ▲ 76.1% |
| Contributions10/11 | - | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Profit (loss) carried forward14 | -€101,126 | -€199,125 | -€172,147 | -€218,441 | -€194,416 | ▲ 11.0% |
| Amounts payable17/49 | €766,987 | €712,674 | €744,508 | €734,834 | €624,266 | ▼ 15.0% |
| Amounts payable after more than one year17 | €558,549 | €506,127 | €464,020 | €372,790 | €224,915 | ▼ 39.7% |
| Financial debts170/4 | - | €506,127 | €464,020 | €372,790 | €224,915 | ▼ 39.7% |
| Amounts payable within one year42/48 | €139,230 | €206,547 | €280,488 | €362,044 | €399,351 | ▲ 10.3% |
| Current portion of amounts payable after more than one year42 | - | €69,716 | €96,802 | €97,638 | €121,365 | ▲ 24.3% |
| Financial debts43 | - | - | - | - | €25,000 | - |
| Credit institutions430/8 | - | - | - | - | €25,000 | - |
| Trade debts44 | €53,450 | €105,080 | €143,802 | €250,329 | €237,799 | ▼ 5.0% |
| Suppliers440/4 | - | €105,080 | €143,802 | €250,329 | €237,799 | ▼ 5.0% |
| Taxes, remuneration and social security45 | - | €1,744 | €10,163 | €14,039 | €14,304 | ▲ 1.9% |
| Taxes450/3 | - | €1,744 | €3,338 | €8,637 | €7,676 | ▼ 11.1% |
| Remuneration and social security454/9 | - | - | €6,825 | €5,403 | €6,628 | ▲ 22.7% |
| Other amounts payable47/48 | - | €30,008 | €29,721 | €38 | €883 | ▲ 2,219% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€101,126 | -€97,999 | €26,978 | -€46,294 | €24,025 | ▲ 152% |
| + Depreciation and write-downs630 | €11,483 | €53,103 | €58,498 | €80,193 | €84,063 | ▲ 4.8% |
| Operating cash flow (approximation) | -€89,643 | -€44,896 | €85,476 | €33,899 | €108,088 | ▲ 219% |
| Investment in fixed assets (approximation) | - | -€26,100 | -€87,935 | -€84,424 | -€3,386 | ▲ 96.0% |
| Change in cash | - | -€164,621 | €28,710 | -€158,944 | -€28,494 | ▲ 82.1% |
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
Next filing, fiscal year 2026, expected by
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €24,025
Net result €24,025 after one loss-making year.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €26,978
Net result €26,978 after 2 loss-making years.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Torhout · 1 establishment unit since 2019
Ground area
3,067 m²
Building footprint
1,222 m²
Parcel 31523E0487/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
CIMAJET
since 20192.290.357.763
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31523E0487/00D000 | Flanders | 3,066 m² | 1 · 1,222 m² | - |
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
Dual-learning approval
3 live approvals · 1 endedAfwerking bouw duaal (so)
Medewerker tegelzetwerken en dekvloeren duaal (so)
Vloerder - tegelzetter duaal (so)
Show 1 ended approval
Tegelzetter (so)
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Of 737 companies in sector 23700 we hold annual accounts for 489. 354 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
Founded13-05-2019
Fiscal year end31-03
Activities, NACEBEL 2025
23420Manufacture of other non-metallic mineral products
23700Cutting, shaping and finishing of stone
22260Manufacture of rubber and plastic products
23450Manufacture of other non-metallic mineral products
Contact
Website
www.cimajet.be
E-mail
info@cimajet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0726686485
Also
9925:BE0726686485
Registered
28-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.