CIMMOD
ActiveSummary
CIMMOD has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €616,141 and a net result of €64,701. Equity is growing by about 5.1% per year across the filed financial years. Its solvency ranks better than 28% of 10,757 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €616,141
- Profit
- €64,701
- Parent
- CIMMOD INVEST · 100%
- Holdings
- 1
- Arne CasteleynDirector
- Ruben CasteleynDirector
Why 94raises riskLiquidity: current ratio 0.17, cash €32,410lowers riskSize: total assets €2.3mFigures for financial year 2025 (filed 08-04-2026)Founded in 1991Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small): better than 27% on solvency, 59% on liquidity, 44% on profitability and 66% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 62 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Reappointments: Ruben Casteleyn, Arne Casteleyn and…Gazette deed
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 61% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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% | 0.9% |
| 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 74.5% 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 4,685 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €72,715 | €84,386 | €77,003 | -€269 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €215,831 | €169,339 | €162,895 | €167,001 | €76,099 | €73,532 | €86,904 | ▲ 18.2% |
| Other operating charges640/8 | - | - | - | €16,242 | €18,992 | €19,271 | €20,337 | ▲ 5.5% |
| Gross operating margin9900 | €334,527 | €371,264 | €316,180 | €365,094 | €326,275 | €367,381 | €183,206 | ▼ 50.1% |
| Operating profit (loss)9901 | €46,292 | €123,158 | €70,879 | €109,136 | €146,798 | €197,575 | €76,234 | ▼ 61.4% |
| Financial income75/76B | - | - | - | €1,726 | €1,876 | €15,079 | €40,001 | ▲ 165% |
| Recurring financial income75 | €10,008 | €6,807 | €4,400 | €1,726 | €1,876 | €15,079 | €40,001 | ▲ 165% |
| Financial charges65/66B | - | - | - | €33,731 | €38,706 | €46,690 | €38,835 | ▼ 16.8% |
| Recurring financial charges65 | €41,606 | €73,451 | €22,962 | €33,731 | €38,706 | €46,690 | €38,835 | ▼ 16.8% |
| Profit (loss) for the period before taxes9903 | €14,694 | €56,514 | €52,318 | €77,131 | €109,968 | €165,963 | €77,399 | ▼ 53.4% |
| Income taxes67/77 | €7,389 | €19,272 | €16,047 | €22,738 | €29,705 | €37,747 | €12,698 | ▼ 66.4% |
| Profit (loss) for the period9904 | €7,305 | €37,242 | €36,271 | €54,393 | €80,263 | €128,216 | €64,701 | ▼ 49.5% |
| Profit (loss) for the period to be appropriated9905 | €7,305 | €37,242 | €36,271 | €54,393 | €80,263 | €128,216 | €64,701 | ▼ 49.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €3.0m | €2.7m | €2.5m | €2.5m | €2.4m | €2.4m | €2.3m | ▼ 3.1% |
| Fixed assets21/28 | €2.7m | €2.3m | €2.3m | €2.4m | €2.3m | €2.3m | €2.3m | ▼ 2.4% |
| Tangible fixed assets22/27 | €2.3m | €1.9m | €1.8m | €1.8m | €1.7m | €1.7m | €1.7m | ▼ 3.2% |
| Land and buildings22 | - | - | - | €1.7m | €1.7m | €1.6m | €1.6m | ▼ 3.8% |
| Plant, machinery and equipment23 | - | - | - | €471 | €0.002m | €0.001m | €0.001m | ▼ 27.5% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.002m | €0.09m | €0.1m | ▲ 7.7% |
| Other tangible fixed assets26 | - | - | - | €0.002m | - | - | - | - |
| Financial fixed assets28 | €0.4m | €0.4m | €0.4m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Current assets29/58 | €0.3m | €0.4m | €0.2m | €0.1m | €0.08m | €0.05m | €0.03m | ▼ 37.3% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.09m | €0.04m | €0.02m | €0.004m | €0.001m | ▼ 80.0% |
| Trade receivables40 | - | - | - | - | €0.01m | - | - | - |
| Other amounts receivable41 | - | - | - | €0.04m | €0.01m | €0.004m | €0.001m | ▼ 80.0% |
| Cash at bank and in hand54/58 | €0.08m | €0.2m | €0.1m | €0.08m | €0.06m | €0.05m | €0.03m | ▼ 33.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €36 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €3.0m | €2.7m | €2.5m | €2.5m | €2.4m | €2.4m | €2.3m | ▼ 3.1% |
| Equity10/15 | €0.4m | €0.5m | €0.6m | €0.3m | €0.4m | €0.6m | €0.6m | ▲ 11.7% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Issued capital100 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Revaluation surpluses12 | - | - | - | €0 | - | - | - | - |
| Reserves13 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | -€0.03m | €0.005m | €0.04m | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 21.3% |
| Amounts payable17/49 | €2.5m | €2.2m | €1.9m | €2.2m | €2.0m | €1.8m | €1.7m | ▼ 7.6% |
| Amounts payable after more than one year17 | €0.9m | €1.6m | €1.5m | €1.4m | €1.3m | €1.2m | €1.5m | ▲ 20.5% |
| Financial debts170/4 | - | - | - | €1.4m | €1.3m | €1.2m | €1.5m | ▲ 20.5% |
| Amounts payable within one year42/48 | €1.7m | €0.6m | €0.4m | €0.7m | €0.6m | €0.6m | €0.2m | ▼ 66.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 3.1% |
| Trade debts44 | €0.03m | €0.02m | €0.01m | €0.02m | €0.02m | €0.02m | €0.006m | ▼ 65.3% |
| Suppliers440/4 | - | - | - | €0.02m | €0.02m | €0.02m | €0.006m | ▼ 65.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.03m | €0.02m | €0.01m | ▼ 43.4% |
| Taxes450/3 | - | - | - | €0.01m | €0.02m | €0.02m | €0.01m | ▼ 43.4% |
| Remuneration and social security454/9 | - | - | - | €0.007m | €0.01m | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.6m | €0.5m | €0.4m | €0.05m | ▼ 88.2% |
| Accrued charges and deferred income492/3 | - | - | - | €317 | - | €0.001m | €0.001m | ▼ 19.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,305 | €37,242 | €36,271 | €54,393 | €80,263 | €128,216 | €64,701 | ▼ 49.5% |
| + Depreciation and write-downs630 | €215,831 | €169,339 | €162,895 | €167,001 | €76,099 | €73,532 | €86,904 | ▲ 18.2% |
| Operating cash flow (approximation) | €223,136 | €206,581 | €199,166 | €221,394 | €156,363 | €201,749 | €151,606 | ▼ 24.9% |
| Investment in fixed assets (approximation) | - | €250,936 | -€124,366 | -€289,477 | -€1,799 | -€101,745 | -€31,866 | ▲ 68.7% |
| Change in cash | - | €123,366 | -€94,618 | -€31,560 | -€20,334 | -€7,334 | -€16,482 | ▼ 125% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | abbreviated format | 08-04-2026 | 2026-00074220 |
| 30-09-2024 | abbreviated format | 04-03-2025 | 2025-00044069 |
| 30-09-2023 | abbreviated format | 15-03-2024 | 2024-00045869 |
| 30-09-2022 | abbreviated format | 09-02-2023 | 2023-00025566 |
| 30-09-2021 | abbreviated format | 28-02-2022 | 2022-06800156 |
| 30-09-2020 | abbreviated format | 08-02-2021 | 2021-05000045 |
| 30-09-2019 | abbreviated format | 05-02-2020 | 2020-04500047 |
| 30-09-2018 | abbreviated format | 20-02-2019 | 2019-05400375 |
| 30-09-2017 | abbreviated format | 12-02-2018 | 2018-04800173 |
| 30-09-2016 | abbreviated format | 20-02-2017 | 2017-04700381 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 · 1 entry · €680 awarded · €680 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Day-to-day management 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Arne Casteleyn |
|
| Ruben Casteleyn |
|
| Dirk Casteleyn |
|
Owners and capital
Owners
1 ownerChain of control
- CIMMOD INVEST
- CIMMOD
Highest known parent: CIMMOD INVEST. The sources do not say who stands above it.
Owners 1
- CIMMOD INVESTparent100%
According to the annual accounts to 30-09-2025 of CIMMOD and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 09-09-2024 Capital stated in the deed · €195,835.88 · 88 shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the annual accounts to 30-09-2025 of CIMMOD and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
08-05
Gazette deed
Reappointments: Ruben Casteleyn, Arne Casteleyn and Dirk Casteleyn4 facts ▸
- General meeting, 30-03-2026
- Director reappointment, Ruben Casteleyn (director)
- Director reappointment, Arne Casteleyn (director)
- Director reappointment, Dirk Casteleyn (managing director)
09-09
Gazette deed
Amendment of the articlesCapital · Registered office clause · Power of attorney6 facts ▸
- General meeting, 26-08-2024
- Amendment of the articles (2 times)
- Capital, €195,835.88
- Registered office clause, “9100 Sint-Niklaas, Rootputstraat 119 bus 302” (deed in Dutch)
- Power of attorney
- Power of attorney, INES HOUTSAEGER
Show earlier events
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46447B0760/00C000 | Flanders | 2,268 m² | 1 · 988 m² | 12.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De verwerving van participaties onder gelijk welke vorm ook in handels-, industriële en financiële ondernemingen, zowel Belgische als…” (deed in Dutch)
7 activities (deed in Dutch)
- De verwerving van participaties onder gelijk welke vorm ook in handels-, industriële en financiële ondernemingen, zowel Belgische als buitenlandse, het beheer evenals het te gelde maken van deze participaties, de verwerving door deelneming, inschrijving, aankoop, optie of om het even welk ander middel, van alle deelbewijzen, aandelen obligaties waarden en titels
- Het beheer en toezicht voeren over alle andere vennootschappen en ondernemingen van welke aard ook
- De engineering, ontwikkeling, commercialisatie, vertegenwoordiging, dienstverlening met betrekking tot welkdanige roerende goederen, materieel, machines en outillage
- Het geven van adviezen, het maken van studies, het voorbereiden en op gang brengen van organisatiesystemen, het in toepassing brengen van systemen voor gegevensverwerking en alle technieken in verband met het technisch, administratief, economisch en algemeen beheer van ondernemingen
- Het verkrijgen, uitbaten of afstaan van alle octrooien, merken, licenties en intellectuele rechten
- Het verkrijgen, door aankoop of anderszins, verkopen, ruilen, verbeteren, uitrusten, verbouwen, belasten met, beschikken over, productief maken, het verhuren en in huur nemen, de leasing van alle onroerende goederen, in het algemeen alle onroerende verrichtingen
- De invoer en de uitvoer van alle handelsgoederen, hierin begrepen voertuigen van alle aard
- Name clauseThe name the company operates under according to its articles.
- CIMMOD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De raad van bestuur kan in zijn midden en onder zijn aansprakelijkheid een of meer adviserende comités oprichten. Hij omschrijft hun…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één enkele bestuurder, al dan niet in de statuten benoemd, tenzij er meerdere bestuurders worden benoemd, in welk geval de vennootschap…” (deed in Dutch)“De raad van bestuur is samengesteld uit ten minste het bij de toepasselijke wettelijke bepalingen voorziene minimumaantal leden, natuurlijke…” (deed in Dutch)“Met uitzondering van de enige bestuurder die voor bepaalde of onbepaalde termijn wordt benoemd, worden de bestuurders benoemd voor ten…” (deed in Dutch)“Behoudens andersluidende overeenkomst, kan de algemene vergadering het mandaat van een bestuurder te allen tijde en zonder opgave van…” (deed in Dutch)“Op verzoek van de vennootschap blijft een bestuurder in functie totdat de vennootschap redelijkerwijze in zijn vervanging kan voorzien., De…” (deed in Dutch)“Teneinde de wijziging van het soort bestuursorgaan tegenwerpelijk te maken aan derden, dient deze wijzing bekend gemaakt te worden in de…” (deed in Dutch)“Voorzitter raad van bestuur, Bij ontstentenis van benoeming of bij afwezigheid van de voorzitter wordt het voorzitterschap waargenomen door…” (deed in Dutch)“Bijeenkomsten - beraadslaging en besluitvorming, De oproeping geschiedt overeenkomstig artikel 2:32 van het Wetboek van vennootschappen en…” (deed in Dutch)“Vergaderingen van de raad van bestuur worden gehouden hetzij fysiek in België of in het buitenland, op de plaats aangeduid in de oproeping…” (deed in Dutch)“Iedere bestuurder kan volmacht geven aan een ander lid van de raad van bestuur om hem op een welbepaalde vergadering te vertegenwoordigen en…” (deed in Dutch)“Het dagelijks bestuur omvat zowel de handelingen en de beslissingen die niet verder reiken dan de behoeften van het dagelijks leven van de…” (deed in Dutch)5 more provisions on this in the deed
Capital, shares and profit
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “De algemene vergadering is bevoegd tot bestemming van de winst en tot vaststelling van de uitkeringen, de netto te bestemmen winst, zoals…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of February at 14:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Aandeelhouders en houders van andere effecten die overeenkomstig de toepasselijke wettelijke bepalingen het recht hebben om aanwezig te zijn…” (deed in Dutch)“Wie de formaliteiten om tot een algemene vergadering te worden toegelaten hebben vervuld, worden ook toegelaten tot elke volgende algemene…” (deed in Dutch)“Bestuurders en commissarissen zijn vrijgesteld van de toelatingsformaliteit, de commissaris woont de algemene vergadering bij, wanneer zij…” (deed in Dutch)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Zolang de behoorlijk opgevraagde en opeisbare stortingen niet gedaan zijn, wordt de uitoefening van het stemrecht verbonden aan de aandelen…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Een ontbinding en vereffening in één akte is slechts mogelijk mits naleving van de wettelijk voorziene voorwaarden, de terugname van het…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij de beëindiging van de vereffening en ten minste één maand voor de algemene vergadering, leggen de vereffenaar(s) een cijfermatig verslag…” (deed in Dutch)