CIMBALLI
ActiveSummary
CIMBALLI has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€116,422) and a net result of -€74,690. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 18716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-12
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6 against 1.99 in 2024; short-term debt: 64.1% and cash: 5% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-97.4%
Return on assets
-62.5%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€116,422
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-04-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
on the day
2023
34 d early
2022
30 d early
2021
1 d early
2020
42 d early
2019
148 d early
← 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 40 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 7 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€116,422▼ 179%
2024 · -€41,732
Total assets
€119,533▼ 62.4%
2024 · €318,177
Net result
-€74,690▲ 37.8%
2024 · -€120,161
Working capital
-€30,341
2024 · €103,918
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 47, Retail trade, 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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€73,978€31,944-€80,526-€112,404▼ 39.6%-€68,897▲ 38.7%
Net result-€414within the sector's middle half€29,913above the sector's middle half-€94,181below the sector's middle half-€120,161below the sector's middle half▼ 27.6%-€74,690below the sector's middle half▲ 37.8%
Equity-€7,304below the sector's middle half▼ 6.0%€22,609within the sector's middle half-€71,572below the sector's middle half-€41,732below the sector's middle half▲ 41.7%-€116,422below the sector's middle half▼ 179%
Total assets€125,322within the sector's middle half▲ 153%€227,520within the sector's middle half▲ 81.5%€265,065within the sector's middle half▲ 16.5%€318,177within the sector's middle half▲ 20.0%€119,533within the sector's middle half▼ 62.4%
Debt€132,626▲ 135%€204,911▲ 54.5%€336,636▲ 64.3%€359,909▲ 6.9%€235,955▼ 34.4%
Working capital€27,509within the sector's middle half▲ 7,541%-€106,727below the sector's middle half€50,534within the sector's middle half€103,918above the sector's middle half▲ 106%-€30,341below the sector's middle half
Solvency-5.8%below the sector's middle half▲ 8.1pp9.9%within the sector's middle half▲ 15.8pp-27.0%below the sector's middle half▼ 36.9pp-13.1%below the sector's middle half▲ 13.9pp-97.4%below the sector's middle half▼ 84.3pp
Current ratio1.32within the sector's middle half▲ 0.300.27below the sector's middle half▼ 1.041.78within the sector's middle half▲ 1.501.99within the sector's middle half▲ 0.220.60below the sector's middle half▼ 1.39
Return on assets (ROA)-0.3%within the sector's middle half▼ 51.5pp13.1%above the sector's middle half▲ 13.5pp-35.5%below the sector's middle half▼ 48.7pp-37.8%below the sector's middle half▼ 2.2pp-62.5%below the sector's middle half▼ 24.7pp
Staff (FTE)0.1
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €68,897 in 2025 against €112,404 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119,533
Fixed assets
€73,264 ▼ 33.1%
Current assets
€46,269 ▼ 77.8%
Key figures and ratios
EBITDA
-€32,616▲
2024 · -€72,623
Cash flow
-€38,409▲
2024 · -€80,379
Quick ratio
0.08▼
2024 · 1.39
Debt to equity
-2.03▲
2024 · -8.62
Interest coverage
-4.93▲
2024 · -9.32
Debt ≤ 1 year
€76,610▼
2024 · €104,714
Debt > 1 year
€145,000▼
2024 · €176,051
Staff costs
€54▼
2024 · €198
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% 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 6,906 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €4,680 | €198 | €54 | ▼ 72.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,500 | €3,828 | €39,781 | €39,781 | €36,281 | ▼ 8.8% |
| Other operating charges640/8 | €478 | €1,456 | €1,168 | €1,205 | €579 | ▼ 51.9% |
| Gross operating margin9900 | -€70,000 | €37,228 | -€34,896 | -€71,221 | -€31,983 | ▲ 55.1% |
| Operating profit (loss)9901 | -€73,978 | €31,944 | -€80,526 | -€112,404 | -€68,897 | ▲ 38.7% |
| Financial income75/76B | €75,184 | €73 | €565 | €32 | €819 | ▲ 2,426% |
| Recurring financial income75 | €75,184 | €73 | €565 | €32 | €819 | ▲ 2,426% |
| Financial charges65/66B | €1,620 | €2,104 | €14,220 | €7,789 | €6,612 | ▼ 15.1% |
| Recurring financial charges65 | €1,620 | €2,104 | €14,220 | €7,789 | €6,612 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | -€414 | €29,913 | -€94,181 | -€120,161 | -€74,690 | ▲ 37.8% |
| Profit (loss) for the period9904 | -€414 | €29,913 | -€94,181 | -€120,161 | -€74,690 | ▲ 37.8% |
| Profit (loss) for the period to be appropriated9905 | -€414 | €29,913 | -€94,181 | -€120,161 | -€74,690 | ▲ 37.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €125,322 | €227,520 | €265,065 | €318,177 | €119,533 | ▼ 62.4% |
| Fixed assets21/28 | €10,550 | €187,647 | €149,326 | €109,545 | €73,264 | ▼ 33.1% |
| Intangible fixed assets21 | €10,500 | €185,861 | €146,561 | €107,261 | €71,461 | ▼ 33.4% |
| Tangible fixed assets22/27 | - | €1,736 | €1,255 | €774 | €293 | ▼ 62.2% |
| Plant, machinery and equipment23 | - | €1,736 | €1,255 | €774 | €293 | ▼ 62.2% |
| Financial fixed assets28 | €50 | €50 | €1,510 | €1,510 | €1,510 | = |
| Current assets29/58 | €114,772 | €39,873 | €115,739 | €208,632 | €46,269 | ▼ 77.8% |
| Stocks and contracts in progress3 | €14,470 | €25,540 | €26,953 | €62,690 | €40,225 | ▼ 35.8% |
| Stocks30/36 | €14,470 | €25,540 | €26,953 | €62,690 | €40,225 | ▼ 35.8% |
| Amounts receivable within one year40/41 | €83,208 | €3,143 | €35,915 | €7,063 | €104 | ▼ 98.5% |
| Trade receivables40 | - | €3,143 | €35,897 | €5,895 | €104 | ▼ 98.2% |
| Other amounts receivable41 | €83,208 | - | €18 | €1,168 | - | - |
| Cash at bank and in hand54/58 | €17,093 | €11,189 | €52,871 | €138,879 | €5,921 | ▼ 95.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €18 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €125,322 | €227,520 | €265,065 | €318,177 | €119,533 | ▼ 62.4% |
| Equity10/15 | -€7,304 | €22,609 | -€71,572 | -€41,732 | -€116,422 | ▼ 179% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €168,600 | €168,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€27,764 | €2,149 | -€92,032 | -€212,192 | -€286,882 | ▼ 35.2% |
| Amounts payable17/49 | €132,626 | €204,911 | €336,636 | €359,909 | €235,955 | ▼ 34.4% |
| Amounts payable after more than one year17 | €45,363 | €55,664 | €236,035 | €176,051 | €145,000 | ▼ 17.6% |
| Financial debts170/4 | €45,363 | €55,664 | €236,035 | €176,051 | €145,000 | ▼ 17.6% |
| Amounts payable within one year42/48 | €87,263 | €146,599 | €65,204 | €104,714 | €76,610 | ▼ 26.8% |
| Current portion of amounts payable after more than one year42 | €13,249 | €113,597 | €34,629 | €59,984 | €31,051 | ▼ 48.2% |
| Trade debts44 | €34,950 | €18,351 | €15,063 | €32,124 | €23,469 | ▼ 26.9% |
| Suppliers440/4 | €34,950 | €18,351 | €15,063 | €32,124 | €23,469 | ▼ 26.9% |
| Taxes, remuneration and social security45 | €6,951 | €14,652 | €6,985 | €4,079 | €3,563 | ▼ 12.7% |
| Taxes450/3 | €6,951 | €14,652 | €6,985 | €4,079 | €3,563 | ▼ 12.7% |
| Other amounts payable47/48 | €32,112 | - | €8,528 | €8,528 | €18,528 | ▲ 117% |
| Accrued charges and deferred income492/3 | - | €2,648 | €35,397 | €79,144 | €14,345 | ▼ 81.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€414 | €29,913 | -€94,181 | -€120,161 | -€74,690 | ▲ 37.8% |
| + Depreciation and write-downs630 | €3,500 | €3,828 | €39,781 | €39,781 | €36,281 | ▼ 8.8% |
| Operating cash flow (approximation) | €3,086 | €33,741 | -€54,399 | -€80,379 | -€38,409 | ▲ 52.2% |
| Investment in fixed assets (approximation) | - | -€180,925 | -€1,460 | €0 | €0 | - |
| Change in cash | - | -€5,904 | €41,681 | €86,008 | -€132,958 | ▼ 255% |
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
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
26-03
State Gazette act
Resignations: BV Raman Pieter (non-statutory director) and BV MAKSES (non-statutory director)Permanent representatives: Pieter Raman and Maxim Van Hauwaert · Director discharge7 facts ▸
State Gazette act
Resignations: BV Raman Pieter (non-statutory director) and BV MAKSES (non-statutory director)
Permanent representatives: Pieter Raman and Maxim Van Hauwaert · Director discharge7 facts ▸
- General meeting, 16/12/2025
- Director resignation, BV Raman Pieter (non-statutory director)
- Director discharge, BV Raman Pieter
- Permanent representative, Pieter Raman
- Director resignation, BV MAKSES (non-statutory director)
- Director discharge, BV MAKSES
- Permanent representative, Maxim Van Hauwaert
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet -€120,161
Net result drops to -€120,161, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity times 7current ratio 1.78
Current ratio from 0.27 to 1.78; short-term debt falls from €146,599 to €65,204.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €29,913
Net result €29,913 after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €25,307
Net result €25,307 after 2 loss-making years.
2019
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
18-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
02-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
no sitting director, last change in 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
12 of this company's 13 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Oostkamp · 1 establishment unit since 2010
Ground area
2.7 ha
Building footprint
3,207 m²
Volume, LiDAR
40,404 m³
Parcel 31022I0695/00C000, Flanders · tallest building 25.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CIMBALLI
since 20102.199.637.227
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31022I0695/00C000 | Flanders | 2.7 ha | 1 · 3,207 m² | 25.7 m · 5 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.
Mandate history
2 people since 2025, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BV MAKSES |
|
| BV Raman Pieter |
|
Structure & network
Owners and holdings
1 ownerOwners 1
-
16.49%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
66.67%
According to the annual accounts to 30-09-2021 of CIMBALLI 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
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 8,125 EUR awarded · 8,125 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | -8,125 EUR | 0 EUR |
| 2024 | 1 | 0 EUR | 8,125 EUR |
| 2023 | 1 | 16,250 EUR | 0 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostkamp2.199.637.227
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Of 12,951 companies in sector 47120 we hold annual accounts for 2,192. 1,417 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
Founded28-05-2010
Fiscal year end30-09
Activities, NACEBEL 2025
47120Other non-specialised retail sale
56112Limited-service restaurants, excluding mobile food services
58290Other software publishing
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
70200Business and other management consultancy
73120Media representation
73300Public relations and communication consultancy
74120Graphic design and visual communication
90201Performing arts by independent artists
E-invoicing
Reachable via Peppol
Peppol ID
0208:0826285887
Also
9925:BE0826285887
Registered
02-12-2025
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.