CM Toitures

Active

Private limited companyfounded 20214 yrs activeHonvelez 3, 6671 Gouvy, BelgiumKBO/BCE: BE 0778.771.329

The computed 12-month bankruptcy probability of CM Toitures is 2.9% (moderate). The 2024 annual accounts show equity of €52k and a net result of €13k. Equity is growing by ~43% per year across the filed fiscal years. Its solvency ranks better than 15% of 36374 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

73 / 100

Healthy▲ +7 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency41▲+14

Growth78=

Stability94

Bankruptcy probability, 12 months

2.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity ample (current ratio 2.1 against 1.46 in 2023), but 88.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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

11.2%

Return on assets

2.7%

Age of the figures

20 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 36374 sector peers (2024).

NBB · sector comparison

Position among 36374 sector peers

Solvency

better than 15%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

48 d late

2023

5 d late

2022

19 d early

← before the deadline after the deadline →

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

€52k▲ 29.4%

2023 · €40k

2022: €17k 2023: €40k

2022 → 2024

Total assets

€468k▲ 3.7%

2023 · €451k

2022: €404k 2023: €451k

2022 → 2024

Net result

€13k▼ 44.3%

2023 · €23k

2022: €12k 2023: €23k

2022 → 2024

Working capital

€59k▲ 106%

2023 · €29k

2022: €-34k 2023: €29k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€17k-€40k▲ 131%€52k▲ 29.4%

Operating result€19k-€39k▲ 101%€28k▼ 29.0%

Net result€12k-€23k▲ 83.2%€13k▼ 44.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 29% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €468k

75.8%

24.2%

Fixed assets €354k▼ 1.6%

Current assets €113k▲ 24.7%

Equity and liabilities €468k

11%

88.8%

Equity €52k▲ 29.4%

Debt €416k▲ 1.2%

The debt ratio falls from 91.1% to 88.8%: equity grows faster than debt.

Key figures and ratios

2024 value · change against 2023

EBITDA

€57k▼

2023 · €97k

Cash flow

€43k▼

2023 · €81k

Solvency

11.2%▲

2023 · 8.9%

Current ratio

2.10▲

2023 · 1.46

Quick ratio

1.95▲

2023 · 0.52

Debt / equity

7.95▼

2023 · 10.17

ROE

24.4%▼

2023 · 56.7%

ROA

2.7%▼

2023 · 5.1%

Interest coverage

5.21▼

2023 · 9.46

Debt

€416k▲

2023 · €411k

Debt ≤ 1 year

€54k▼

2023 · €62k

Debt > 1 year

€360k▲

2023 · €348k

Income taxes

€4k▼

2023 · €8k

Staff costs

€1k▼

2023 · €3k

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€451k€468k▲

Fixed assets21/28€360k€354k▼

Intangible fixed assets21€33k€22k▼

Tangible fixed assets22/27€327k€332k▲

Land and buildings22€306k€317k▲

Plant, machinery and equipment23€6k€5k▼

Furniture and vehicles24€2k€809▼

Leasing and similar rights25€13k€9k▼

Current assets29/58€91k€113k▲

Stocks and contracts in progress3€59k€8k▼

Stocks30/36€4k€2k▼

Contracts in progress37€55k€6k▼

Amounts receivable within one year40/41€14k€12k▼

Trade receivables40€9k€7k▼

Other amounts receivable41€6k€5k▼

Cash at bank and in hand54/58€14k€89k▲

Deferred charges and accrued income490/1€4k€4k▲

Equity and liabilities

Total equity and liabilities10/49€451k€468k▲

Equity10/15€40k€52k▲

Contributions10/11€5k€5k=

Reserves13€35k€47k▲

Distributable reserves133€35k€47k▲

Amounts payable17/49€411k€416k▲

Amounts payable after more than one year17€348k€360k▲

Financial debts170/4€348k€360k▲

Amounts payable within one year42/48€62k€54k▼

Current portion of amounts payable after more than one year42€17k€17k▲

Trade debts44€28k€25k▼

Suppliers440/4€28k€25k▼

Taxes, remuneration and social security45€2k€3k▲

Taxes450/3€2k€3k▲

Other amounts payable47/48€15k€9k▼

Accrued charges and deferred income492/3€937€1k▲

Income statement Code20232024

Remuneration, social security and pensions62€3k€1k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€30k▼

Other operating charges640/8€994€1k▲

Gross operating margin9900€102k€60k▼

Operating profit (loss)9901€39k€28k▼

Financial income75/76B€3k€409▼

Recurring financial income75€3k€409▼

Financial charges65/66B€10k€11k▲

Recurring financial charges65€10k€11k▲

Profit (loss) for the period before taxes9903€31k€17k▼

Income taxes67/77€8k€4k▼

Profit (loss) for the period9904€23k€13k▼

Profit (loss) for the period to be appropriated9905€23k€13k▼

Appropriation of the result

Profit (loss) to be appropriated9906€23k€13k▼

Transfer to equity691/2€23k€12k▼

To other reserves6921€23k€12k▼

Profit to be distributed694/7-€859

Return on contributions (dividend)694-€859

The notes to these accounts (15 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

All 5Financial 2Filings 3

2025

17-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 48 days late

2024

05-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 5 days late

2023

31-12

Financial Highest result since 2022net €23k ▲83.2%

Operating result €39k, net result €23k, both a record.

31-12

Financial Liquidity times 5current ratio 1.46

Current ratio from 0.32 to 1.46.

12-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Gouvy · 1 establishment unit since 2021

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.

Honvelez 36671 Gouvy

Ground area

3,253 m²

Building footprint

452 m²

Parcel 82007C0391/00F000, Wallonia. Linked by address, not a title deed.

1 establishment unit

CM Toitures

Honvelez 3, 6671 GouvySpecialised construction activities

since 20212.325.448.009

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
82007C0391/00F000	Wallonia	3,252 m²	1 · 452 m²	-

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.

Recognitions · licences · registrations

Recognised contractor

7 categories

CM Toitures SRL41792

category D12, class 1 · category D20, class 1 · category D22, class 1 · category D4, class 1 · category D5, class 1 · category D8, class 1 · category G3, class 1

decision 07-02-2022