CIMART
ActiveSummary
CIMART has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of -€52,019. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 3241 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-10
Solvency100=
Growth40▲+1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 69.62 against 56.59 in 2024; short-term debt: 0.5% and cash: 10.7% of total assets), and 0.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
99.5%
Return on assets
-0.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
6 d early
2023
9 d late
2022
30 d late
2021
3 d late
2020
18 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 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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. Usually files around 10 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#3 company by equity in Putte, Professional and technical services sector#4 company by total assets in Putte, Professional and technical services sector
Turnover
€420,648▼ 1.4%
2024 · €426,735
EBIT margin
-2.9%▼ 21.0pp
2024 · 18.1%
Net result
-€52,019
2024 · €51,292
Working capital
€2.2m▲ 11.3%
2024 · €2.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20212022202320242025
Turnover€648,020▲ 7.2%€671,903▲ 3.7%€671,914=€426,735▼ 36.5%€420,648▼ 1.4%
Operating result€369,904▲ 4.5%€477,550▲ 29.1%€397,394▼ 16.8%€77,391▼ 80.5%-€12,193
Net result€1.1mabove the sector's middle half▲ 343%€1.2mabove the sector's middle half▲ 4.9%€283,267above the sector's middle half▼ 75.7%€51,292within the sector's middle half▼ 81.9%-€52,019below the sector's middle half
EBIT margin57.1%▼ 1.5pp71.1%▲ 14.0pp59.1%▼ 11.9pp18.1%▼ 41.0pp-2.9%▼ 21.0pp
Equity€5.4mabove the sector's middle half▲ 8.3%€6.5mabove the sector's middle half▲ 21.8%€6.8mabove the sector's middle half▲ 4.3%€6.9mabove the sector's middle half▲ 0.8%€6.8mabove the sector's middle half▼ 0.8%
Total assets€6.0mwithin the sector's middle half▲ 18.7%€6.6mabove the sector's middle half▲ 10.4%€6.9mabove the sector's middle half▲ 4.8%€6.9mabove the sector's middle half▼ 0.6%€6.8mwithin the sector's middle half▼ 0.8%
Debt€638,444▲ 503%€92,624▼ 85.5%€125,843▲ 35.9%€36,274▼ 71.2%€32,710▼ 9.8%
Working capital€2.1mabove the sector's middle half▲ 31.4%€1.6mabove the sector's middle half▼ 23.2%€1.9mabove the sector's middle half▲ 19.8%€2.0mabove the sector's middle half▲ 5.5%€2.2mabove the sector's middle half▲ 11.3%
Solvency89.3%above the sector's middle half▼ 8.6pp98.6%above the sector's middle half▲ 9.3pp98.2%above the sector's middle half▼ 0.4pp99.5%above the sector's middle half▲ 1.3pp99.5%above the sector's middle half=
Current ratio4.25above the sector's middle half▼ 11.6718.23above the sector's middle half▲ 13.9716.19above the sector's middle half▼ 2.0356.59above the sector's middle half▲ 40.3969.62above the sector's middle half▲ 13.04
Return on assets (ROA)18.6%above the sector's middle half▲ 13.6pp17.7%above the sector's middle half▼ 0.9pp4.1%within the sector's middle half▼ 13.6pp0.7%within the sector's middle half▼ 3.3pp-0.8%below the sector's middle half▼ 1.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12,193 after €77,391 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.8m
Fixed assets
€4.6m ▼ 5.8%
Current assets
€2.3m ▲ 10.9%
Equity and liabilities €6.8m
Equity
€6.8m ▼ 0.8%
Debt
€32,710 ▼ 9.8%
Debt's share of the balance-sheet total stays at 0.5%.
Key figures and ratios
EBITDA
€57,081▼
2024 · €149,006
Cash flow
€17,255▼
2024 · €122,907
Debt to equity
0.00▼
2024 · 0.01
ROE
-0.8%▼
2024 · 0.7%
Interest coverage
69.30▼
2024 · 147.10
Debt ≤ 1 year
€32,710▼
2024 · €36,274
Income taxes
€40,765▲
2024 · €37,861
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 823 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
2.9%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,338 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% | 1.9% |
| 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 823 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | €668,211 | €705,353 | €698,839 | €454,653 | €438,059 | ▼ 3.6% |
| Turnover70 | €648,020 | €671,903 | €671,914 | €426,735 | €420,648 | ▼ 1.4% |
| Other operating income74 | €20,191 | €32,134 | €26,926 | €27,918 | €17,411 | ▼ 37.6% |
| Non-recurring operating income76A | - | €1,315 | - | - | - | - |
| Operating charges60/66A | €298,307 | €227,803 | €301,445 | €377,262 | €450,252 | ▲ 19.3% |
| Services and other goods61 | €185,527 | €172,539 | €220,642 | €298,732 | €264,552 | ▼ 11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €106,389 | €49,191 | €74,436 | €71,615 | €69,274 | ▼ 3.3% |
| Other operating charges640/8 | €6,391 | €6,073 | €6,368 | €6,915 | €116,426 | ▲ 1,584% |
| Operating profit (loss)9901 | €369,904 | €477,550 | €397,394 | €77,391 | -€12,193 | ▼ 116% |
| Financial income75/76B | €854,060 | €832,062 | €10,171 | €13,602 | €13,461 | ▼ 1.0% |
| Recurring financial income75 | €854,060 | €812,062 | €10,171 | €13,602 | €13,461 | ▼ 1.0% |
| Income from financial fixed assets750 | €843,006 | €800,000 | - | - | - | - |
| Income from current assets751 | €11,053 | €12,060 | €10,170 | €13,600 | €13,460 | ▼ 1.0% |
| Other financial income752/9 | €1 | €1 | €1 | €1 | €1 | ▼ 27.3% |
| Non-recurring financial income76B | - | €20,000 | - | - | - | - |
| Financial charges65/66B | €645 | €937 | €2,612 | €1,840 | €12,522 | ▲ 581% |
| Recurring financial charges65 | €645 | €937 | €2,612 | €1,840 | €1,302 | ▼ 29.3% |
| Debt charges650 | €219 | €239 | €1,859 | €1,013 | €824 | ▼ 18.7% |
| Other financial charges652/9 | €426 | €698 | €753 | €827 | €478 | ▼ 42.2% |
| Non-recurring financial charges66B | - | - | - | - | €11,220 | - |
| Profit (loss) for the period before taxes9903 | €1.2m | €1.3m | €404,953 | €89,152 | -€11,254 | ▼ 113% |
| Income taxes67/77 | €109,757 | €140,800 | €121,686 | €37,861 | €40,765 | ▲ 7.7% |
| Taxes670/3 | €109,757 | €140,800 | €121,686 | €65,000 | €50,000 | ▼ 23.1% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €27,139 | €9,235 | ▼ 66.0% |
| Profit (loss) for the period9904 | €1.1m | €1.2m | €283,267 | €51,292 | -€52,019 | ▼ 201% |
| Profit (loss) for the period to be appropriated9905 | €1.1m | €1.2m | €283,267 | €51,292 | -€52,019 | ▼ 201% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.0m | €6.6m | €6.9m | €6.9m | €6.8m | ▼ 0.8% |
| Fixed assets21/28 | €3.3m | €4.9m | €4.9m | €4.8m | €4.6m | ▼ 5.8% |
| Tangible fixed assets22/27 | €186,226 | €1.8m | €1.8m | €1.7m | €1.7m | ▼ 3.5% |
| Land and buildings22 | €16,526 | €1.7m | €1.6m | €1.5m | €1.5m | ▼ 4.4% |
| Plant, machinery and equipment23 | - | - | - | - | €806 | - |
| Furniture and vehicles24 | €169,700 | €175,400 | €204,432 | €219,934 | €225,934 | ▲ 2.7% |
| Financial fixed assets28 | €3.1m | €3.1m | €3.1m | €3.1m | €2.9m | ▼ 7.1% |
| Affiliated companies280/1 | €3.1m | €3.1m | €3.1m | €3.1m | €2.9m | ▼ 7.1% |
| Participating interests280 | €3.1m | €3.1m | €3.1m | €3.1m | €2.9m | ▼ 7.1% |
| Current assets29/58 | €2.7m | €1.7m | €2.0m | €2.1m | €2.3m | ▲ 10.9% |
| Amounts receivable after more than one year29 | €100,000 | - | - | - | - | - |
| Other amounts receivable291 | €100,000 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1.8m | €1.4m | €1.9m | €1.8m | €1.5m | ▼ 13.4% |
| Trade receivables40 | €103,042 | €107,158 | €107,158 | €26,789 | €26,789 | = |
| Other amounts receivable41 | €1.7m | €1.2m | €1.8m | €1.8m | €1.5m | ▼ 13.6% |
| Cash at bank and in hand54/58 | €766,101 | €331,213 | €160,688 | €266,991 | €730,950 | ▲ 174% |
| Deferred charges and accrued income490/1 | €1,566 | €1,616 | €2,752 | €2,827 | €2,861 | ▲ 1.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.0m | €6.6m | €6.9m | €6.9m | €6.8m | ▼ 0.8% |
| Equity10/15 | €5.4m | €6.5m | €6.8m | €6.9m | €6.8m | ▼ 0.8% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €5.3m | €6.5m | €6.8m | €6.8m | €6.8m | ▼ 0.8% |
| Distributable reserves133 | €5.3m | €6.5m | €6.8m | €6.8m | €6.8m | ▼ 0.8% |
| Amounts payable17/49 | €638,444 | €92,624 | €125,843 | €36,274 | €32,710 | ▼ 9.8% |
| Amounts payable within one year42/48 | €638,444 | €92,624 | €125,843 | €36,274 | €32,710 | ▼ 9.8% |
| Current portion of amounts payable after more than one year42 | €25,042 | €30,050 | €30,428 | €11,840 | €16,832 | ▲ 42.2% |
| Trade debts44 | €4,411 | €3,790 | €18,548 | €9,881 | €1,901 | ▼ 80.8% |
| Suppliers440/4 | €4,411 | €3,790 | €18,548 | €9,881 | €1,901 | ▼ 80.8% |
| Taxes, remuneration and social security45 | €80,601 | €45,182 | €76,866 | €14,553 | €13,976 | ▼ 4.0% |
| Taxes450/3 | €80,601 | €45,182 | €76,866 | €14,553 | €13,976 | ▼ 4.0% |
| Other amounts payable47/48 | €528,391 | €13,602 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.1m | €1.2m | €283,267 | €51,292 | -€52,019 | ▼ 201% |
| + Depreciation and write-downs630 | €106,389 | €49,191 | €74,436 | €71,615 | €69,274 | ▼ 3.3% |
| Operating cash flow (approximation) | €1.2m | €1.2m | €357,703 | €122,907 | €17,255 | ▼ 86.0% |
| Investment in fixed assets (approximation) | - | -€1.7m | -€41,114 | -€18,617 | €211,000 | ▲ 1,233% |
| Change in cash | - | -€434,888 | -€170,525 | €106,304 | €463,959 | ▲ 336% |
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
2026
14-09
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
24-08
State Gazette act
General meeting · Transfer restriction
Statutes amendment · Legal form clause
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 18 days late
2025
31-12
Financial
Weakest financial yearnet -€52,019
Net result drops to -€52,019, the lowest in the series.
17-12
State Gazette act
General meeting · Auditor reappointment
Permanent representative · Mandate term
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity triplescurrent ratio 56.59
Current ratio from 16.19 to 56.59; short-term debt falls from €125,843 to €36,274.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 9 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €1.2m ▲4.9%
Operating result €477,550, net result €1.2m, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 18.23
Current ratio from 4.25 to 18.23; short-term debt falls from €638,444 to €92,624.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
Show earlier events
13-06
State Gazette act
General meeting · Director appointment
Permanent representative · Director reappointment
2021
31-12
Financial
Equity above €5mEq €5.4m ▲8.3%
4 profitable years in a row build equity to €5.4m.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
28-06
State Gazette act
General meeting · Legal-form conversion
Reserve release · Corporate purpose · Koen Scheurweghs
21-04
State Gazette act
General meeting · Auditor reappointment
Permanent representative · Director reappointment
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 337 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2014
12-03
State Gazette act
General meeting · Director reappointment
Permanent representative · Board composition
2011
06-12
State Gazette act
Board meeting · Director reappointment
Permanent representative · Power of attorney
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Putte · 1 establishment unit since 2005
Ground area
1.5 ha
Building footprint
502 m²
Volume, LiDAR
3,654 m³
Parcel 12001B0003/00V000, Flanders · tallest building 15.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CIMART
since 20052.147.566.538
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001B0003/00V000 | Flanders | 1.5 ha | 1 · 502 m² | 15.4 m · 2 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.
Structure & network
Owners and holdings
1 holding · 2 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
98.6%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
INNO.COM 98.6%1 subsidiary
- inno.com institute 99.99%
According to the 2025 annual accounts of CIMART and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
875500GTOEVMI0IGG178
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 9,062 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
Founded23-05-2005
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0874179341
Also
9925:BE0874179341
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.