Equity
€20,460 ▼ 72.9%
Equity fell in 2025 from €75,396 to €20,460.
CM4S
Lifetime
3 annual accounts with figures on one time axispeak €104,942 (2025)
€104,942▲ 7.9%
peak €64,682 (2023)
€62,600▲ 7.5%
peak €123,121 (2023)
€20,460▼ 72.9%
€243,781▲ 4.0%
Board2 names since 2019
2 directorsMONSEU Christophe and 1 other
Documentsfilings and deeds
06-03-2026147 days before the deadline
2025abbreviated format
Dividend €117,536Equity from €75,396 to €20,460
Key points
from the 2025 annual accountsTurnover
≈ €170,000 estimated
The abbreviated format states no turnover.
Debts
€243,781 92% of the balance sheet
Financial debts 41%Suppliers 0%Taxes and wages 5%Other 54%
Of this, €142,588 falls due within a year.
Filings
3 annual accounts since 2023
The last three annual accounts were filed 47 to 147 days before the end of the period.
Board
1 joined
New director. Latest change 29-05-2026 · 2 in office.
Position in the sector
7.7%
Lower solvency than 86% of companies in head offices and management consultancy. Sector median 52.4% · 10,856 companies.
Checked score
92
Excellent
Financially stronger than 34% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €20,460 (7.7% of total assets)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €264,241
Liquidity: current ratio 0.62, cash €66,230
Calculation
The band follows from the bankruptcy probability. 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, micro). It does better than 15% of them on solvency, 43% on liquidity, 67% on profitability and 8% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as CM4S has now. Each dot stands for 6 companies, two years later.
96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of CM4S itself is lower: 0.1% within 12 months. It rests on far more data about CM4S than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for CM4S. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.62 (1.0 in 2024), below 1. Short-term debt is 54% and cash 25.1% of total assets. 92.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 10856 sector peers (2025).
NBB · sector comparisonPosition among 10856 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-03-2026, 147 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
147 days early
2024
48 days early
2023
47 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 81 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 June (3 of the last 3 accounts filed within 99 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Change of role: MONSEU Christophe, from manager to director
General meeting of 26-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0717560468
First establishment
Rue de la Station 35, Rebecq
Incorporation
Founders: MONSEU Christophe Jacques Pierre Serge and LE BOURHIS Caroline · Founding capital of €18,600, 186 shares, €6,200 paid up · Appointment: MONSEU Christophe Jacques Pierre Serge (manager) · published on 04-01-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CM4S Rebecq | €264,241 | €104,942 | 7.7% | - |
| SITIO DEVELOPMENT Rixensart | €257,409 | €100,320 | 1.2% | - |
| TopWin Nivelles | €235,233 | €114,069 | 8.8% | - |
| MEAG Leadershîp Lasne | €239,474 | €118,357 | 44.5% | - |
| N.D.S. CONSULTING Rixensart | €253,127 | €89,313 | 72.5% | - |
| HM CONSULTING Lasne | €250,925 | €91,702 | 43.0% | - |
| CHCD Braine-l'Alleud | €274,093 | €120,555 | 14.5% | - |
These companies have the same main activity as CM4S: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €235,000 and €274,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 02-01-2019Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.283.298.4401430 Rebecq, since 04-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Annual accounts 2025
- €264,241▼ 14.7%
- Filing
- Filed on 06-03-2026, 147 days before the end of the filing period
Insights on CM4S
CM4S files the abbreviated format. That format states no turnover. The gross margin rose from €98,414 in 2023 to €104,942 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CM4S
- What is the company number of CM4S?
- The company number of CM4S is 0717.560.468. The VAT number is the same number with BE in front: BE 0717.560.468.
- Where is CM4S based?
- The registered office is at Rue de la Station 35, 1430 Rebecq.Company details
- What does CM4S do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of CM4S?
- CM4S is a private limited company (BV).
- When was CM4S founded?
- CM4S was founded on 02-01-2019.
- Is CM4S still active?
- Yes, CM4S is an active enterprise in the KBO register.
- What is the turnover of CM4S?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €104,942 and 93 comparable companies (NACE 70200). It probably lies between €140,000 and €220,000.Financials
- Is CM4S profitable?
- In financial year 2025, CM4S made a profit of €62,600.
- Where can I find the annual accounts of CM4S?
- CM4S filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CM4S due?
- CM4S must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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