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CIMET

Active
Private limited companyfounded 200026 yrs activeWatersportlaan 14, 2240 Zandhoven, BelgiumKBO/BCE: BE 0472.005.958

CIMET has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €71k and a net result of €-6k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 1632 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
50 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability15▼-40
Solvency61▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 6.69 against 7.05 in 2023; short-term debt: 13.7% and cash: 3.4% of total assets), but 64.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
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 2024
Solvency, return and age of the figures
Solvency
35.8%
Return on assets
-3.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
7 d early
2022
41 d early
2021
39 d early
2020
44 d early
2019
32 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€71k▼ 8.1%
2023 · €77k
2018: €67k 2019: €9k 2020: €41k 2021: €63k 2022: €77k 2023: €77k
2018 → 2024
Total assets
€197k▲ 32.7%
2023 · €148k
2018: €162k 2019: €72k 2020: €80k 2021: €105k 2022: €117k 2023: €148k
2018 → 2024
Net result
€-6k
2023 · €47
2018: €-41k 2019: €-58k 2020: €32k 2021: €22k 2022: €14k 2023: €47
2018 → 2024
Working capital
€153k▲ 32.6%
2023 · €115k
2018: €-11k 2019: €-13k 2020: €30k 2021: €40k 2022: €61k 2023: €115k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€41k-€63k▲ 52.2%€77k▲ 21.7%€77k▲ 0.1%€71k▼ 8.1%
Operating result€37k-€26k▼ 29.2%€17k▼ 36.0%€643▼ 96.1%€-7k
Net result€32k-€22k▼ 33.3%€14k▼ 36.7%€47▼ 99.7%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €37k€37kNet result 2020: €32k€32kOperating result 2021: €26k€26kNet result 2021: €22k€22kOperating result 2022: €17k€17kNet result 2022: €14k€14kOperating result 2023: €643€643Net result 2023: €47€47Operating result 2024: €-7k€-7kNet result 2024: €-6k€-6k20202021202220232024
The operating result turns negative in 2024: a loss of €7k after €643 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €197k
Fixed assets €17k▲ 22.6%
Current assets €180k▲ 33.8%
Equity and liabilities €197k
Equity €71k▼ 8.1%
Debt €126k▲ 76.5%
The debt ratio rises from 48.3% to 64.2%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-379
2023 · €6k
Cash flow
€14
2023 · €6k
Solvency
35.8%
2023 · 51.7%
Current ratio
6.69
2023 · 7.05
Quick ratio
6.69
2023 · 7.05
Debt / equity
1.79
2023 · 0.93
ROE
-8.8%
2023 · 0.1%
ROA
-3.1%
2023 · 0.0%
Interest coverage
-0.31
2023 · 4.32
Debt
€126k
2023 · €72k
Debt ≤ 1 year
€27k
2023 · €19k
Income taxes
€376
2023 · €382
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€148k€197k
Fixed assets21/28€14k€17k
Tangible fixed assets22/27€14k€17k
Furniture and vehicles24€5k€3k
Other tangible fixed assets26€9k€14k
Current assets29/58€134k€180k
Amounts receivable after more than one year29€108k€151k
Other amounts receivable291€108k€151k
Amounts receivable within one year40/41€8k€20k
Trade receivables40€8k€20k
Cash at bank and in hand54/58€15k€7k
Deferred charges and accrued income490/1€3k€1k
Equity and liabilities
Total equity and liabilities10/49€148k€197k
Equity10/15€77k€71k
Contributions10/11€8k€8k=
Reserves13€69k€65k
Distributable reserves133€69k€65k
Profit (loss) carried forward14-€-2k
Amounts payable17/49€72k€126k
Amounts payable within one year42/48€19k€27k
Trade debts44€1k€7k
Suppliers440/4€1k€7k
Advances received on contracts in progress46€284€284=
Taxes, remuneration and social security45€10k€8k
Taxes450/3€10k€8k
Other amounts payable47/48€8k€12k
Accrued charges and deferred income492/3€53k€99k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k
Other operating charges640/8€1k€14k
Gross operating margin9900€7k€14k
Operating profit (loss)9901€643€-7k
Financial income75/76B€1k€2k
Recurring financial income75€1k€2k
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€429€-6k
Income taxes67/77€382€376
Profit (loss) for the period9904€47€-6k
Profit (loss) for the period to be appropriated9905€47€-6k
Appropriation of the result
Profit (loss) to be appropriated9906€47€-6k
Transfer from equity791/2-€4k
Transfer to equity691/2€47€0
To other reserves6921€47€0

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity triplescurrent ratio 7.05
Current ratio from 2.62 to 7.05; short-term debt falls from €38k to €19k.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
17-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €32k
Net result €32k after 2 loss-making years.
31-12
Financial Liquidity quadruplescurrent ratio 3.11
Current ratio from 0.78 to 3.11; short-term debt falls from €61k to €14k.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
02-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Zandhoven · 1 establishment unit since 2000
establishment The establishment unit on the map
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.

Watersportlaan 142240 Zandhoven
Ground area
104 m²
Building footprint
104 m²
Volume, LiDAR
706 m³
Parcel 11046A0183/00E006, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CIMET
Watersportlaan 14, 2240 ZandhovenManufacture of machinery and equipment not elsewhere classified
since 20002.099.636.660
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11046A0183/00E006 Flanders 104 m² 1 · 104 m² 10.5 m · 2 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.

Similar companies · same sector, comparable size

Of 3,717 companies in sector 33120 we hold annual accounts for 1,340. 1,082 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-05-2000
Fiscal year end31-12
Activities, NACEBEL
28110
33120Repair and maintenance of machinery
25110Manufacture of metal structures and parts of structures
68203Renting and operating of own or leased non-residential real estate, excluding land
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.