CM4S
ActiveCM4S has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €75k and a net result of €58k. Its solvency ranks better than 24% of 8092 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▼-1
Solvency49▼-13
Growth32
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 1.55 in 2023; short-term debt: 39.9% and cash: 28.1% of total assets), and 75.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
24.3%
Return on assets
18.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 8092 sector peers (2024).
NBB · sector comparisonPosition among 8092 sector peers
Solvency
better than 24%
← weakest
strongest →
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 13-06-2025, 48 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
47 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€75k▼ 38.8%
2023 · €123k
2023: €123k
2023 → 2024
Total assets
€310k▼ 5.8%
2023 · €329k
2023: €329k
2023 → 2024
Net result
€58k▼ 10.0%
2023 · €65k
2023: €65k
2023 → 2024
Working capital
€261▼ 99.4%
2023 · €47k
2023: €47k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€123k-€75k▼ 38.8%
Operating result€85k-€80k▼ 5.2%
Net result€65k-€58k▼ 10.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €310k
Fixed assets
€186k▼ 5.4%
Current assets
€124k▼ 6.4%
Equity and liabilities €310k
Equity
€75k▼ 38.8%
Debt
€234k▲ 14.0%
The debt ratio rises from 62.6% to 75.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€93k▼
2023 · €97k
Cash flow
€71k▼
2023 · €77k
Solvency
24.3%▼
2023 · 37.4%
Current ratio
1.00▼
2023 · 1.55
Quick ratio
1.00▼
2023 · 1.55
Debt / equity
3.11▲
2023 · 1.67
ROE
77.2%▲
2023 · 52.5%
ROA
18.8%▼
2023 · 19.7%
Interest coverage
14.36▼
2023 · 31.33
Debt
€234k▲
2023 · €206k
Debt ≤ 1 year
€124k▲
2023 · €86k
Debt > 1 year
€110k▼
2023 · €119k
Income taxes
€16k▼
2023 · €17k
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€329k€310k▼
Fixed assets21/28€196k€186k▼
Tangible fixed assets22/27€196k€186k▼
Land and buildings22€175k€169k▼
Plant, machinery and equipment23€16k€10k▼
Furniture and vehicles24€5k€6k▲
Current assets29/58€132k€124k▼
Amounts receivable within one year40/41€35k€34k▼
Trade receivables40€35k€34k▼
Cash at bank and in hand54/58€98k€87k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€329k€310k▼
Equity10/15€123k€75k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€105k€57k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€103k€55k▼
Amounts payable17/49€206k€234k▲
Amounts payable after more than one year17€119k€110k▼
Financial debts170/4€119k€110k▼
Amounts payable within one year42/48€86k€124k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€12k€12k▼
Taxes450/3€12k€12k▼
Other amounts payable47/48€63k€102k▲
Accrued charges and deferred income492/3€920€955▲
Income statement
Code20232024
Non-recurring operating income76A€398-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€98k€97k▼
Operating profit (loss)9901€85k€80k▼
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€82k€74k▼
Income taxes67/77€17k€16k▼
Profit (loss) for the period9904€65k€58k▼
Profit (loss) for the period to be appropriated9905€65k€58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€58k▼
Transfer from equity791/2-€48k
Profit to be distributed694/7€65k€106k▲
Return on contributions (dividend)694€65k€106k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
NBB filing
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, Rebecq · 1 establishment unit since 2019
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.
Rue de la Station 351430 RebecqGround area
905 m²
Building footprint
98 m²
Volume, LiDAR
598 m³
Parcel 25088B0099/00P002, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CM4S
since 20192.283.298.440
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25088B0099/00P002 | Wallonia | 905 m² | 1 · 98 m² | 7.3 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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 39,913 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.