CMA CONSULT
ActiveSummary
CMA CONSULT has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,409 and a net result of €84,281. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 9559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▼-1
Solvency46▼-54
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.93 against 7.66 in 2024; short-term debt: 67.7% and cash: 12.4% of total assets), and 78.9% of the assets are financed with debt.
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Signals
Six 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.1%
Return on assets
24.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9559 sector peers (2025).
NBB · sector comparisonPosition among 9559 sector peers
Solvency
better than 22%
← 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 02-06-2026, 59 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
59 d early
2024
33 d early
2023
5 d late
2022
8 d late
2021
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 6 August (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€73,409▼ 65.2%
2024 · €210,865
Total assets
€347,472▲ 44.1%
2024 · €241,056
Net result
€84,281▼ 6.7%
2024 · €90,332
Working capital
-€16,700
2024 · €197,107
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€126,480-€108,621▼ 14.1%€99,367▼ 8.5%€102,080▲ 2.7%€100,657▼ 1.4%
Net result€101,096above the sector's middle half-€91,156above the sector's middle half▼ 9.8%€85,281above the sector's middle half▼ 6.4%€90,332above the sector's middle half▲ 5.9%€84,281above the sector's middle half▼ 6.7%
Equity€121,096within the sector's middle half-€212,252above the sector's middle half▲ 75.3%€297,532above the sector's middle half▲ 40.2%€210,865above the sector's middle half▼ 29.1%€73,409within the sector's middle half▼ 65.2%
Total assets€171,037within the sector's middle half-€268,663within the sector's middle half▲ 57.1%€320,285above the sector's middle half▲ 19.2%€241,056within the sector's middle half▼ 24.7%€347,472above the sector's middle half▲ 44.1%
Debt€49,941-€56,411▲ 13.0%€22,753▼ 59.7%€30,191▲ 32.7%€274,063▲ 808%
Working capital€106,039within the sector's middle half-€183,475above the sector's middle half▲ 73.0%€256,981above the sector's middle half▲ 40.1%€197,107above the sector's middle half▼ 23.3%-€16,700below the sector's middle half
Solvency70.8%within the sector's middle half-79.0%above the sector's middle half▲ 8.2pp92.9%above the sector's middle half▲ 13.9pp87.5%above the sector's middle half▼ 5.4pp21.1%below the sector's middle half▼ 66.3pp
Current ratio5.64above the sector's middle half-5.71above the sector's middle half▲ 0.0712.61above the sector's middle half▲ 6.917.66above the sector's middle half▼ 4.950.93below the sector's middle half▼ 6.73
Return on assets (ROA)59.1%above the sector's middle half-33.9%above the sector's middle half▼ 25.2pp26.6%above the sector's middle half▼ 7.3pp37.5%above the sector's middle half▲ 10.8pp24.3%within the sector's middle half▼ 13.2pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €347,472
Fixed assets
€129,083 ▲ 799%
Current assets
€218,389 ▼ 3.7%
Equity and liabilities €347,472
Equity
€73,409 ▼ 65.2%
Debt
€274,063 ▲ 808%
Debt's share of the balance-sheet total rises from 12.5% to 78.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€105,643▲
2024 · €105,038
Cash flow
€89,267▼
2024 · €93,290
Debt to equity
3.73▲
2024 · 0.14
ROE
114.8%▲
2024 · 42.8%
Interest coverage
29.22▼
2024 · 31.82
Debt ≤ 1 year
€235,089▲
2024 · €29,594
Debt > 1 year
€37,018
Income taxes
€22,437▼
2024 · €24,161
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 6,713 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,529 | €9,918 | €10,946 | €2,958 | €4,986 | ▲ 68.6% |
| Other operating charges640/8 | €1,373 | €209 | €224 | €191 | €716 | ▲ 274% |
| Non-recurring operating charges66A | - | - | - | - | €2,479 | - |
| Gross operating margin9900 | €131,382 | €118,748 | €110,537 | €105,229 | €108,838 | ▲ 3.4% |
| Operating profit (loss)9901 | €126,480 | €108,621 | €99,367 | €102,080 | €100,657 | ▼ 1.4% |
| Financial income75/76B | €2,192 | €7,385 | €9,601 | €15,714 | €9,677 | ▼ 38.4% |
| Recurring financial income75 | €2,192 | €7,385 | €9,601 | €15,714 | €9,677 | ▼ 38.4% |
| Financial charges65/66B | €342 | €475 | €1,234 | €3,301 | €3,616 | ▲ 9.5% |
| Recurring financial charges65 | €342 | €475 | €1,234 | €3,301 | €3,616 | ▲ 9.5% |
| Profit (loss) for the period before taxes9903 | €128,330 | €115,532 | €107,734 | €114,493 | €106,718 | ▼ 6.8% |
| Income taxes67/77 | €27,234 | €24,376 | €22,453 | €24,161 | €22,437 | ▼ 7.1% |
| Profit (loss) for the period9904 | €101,096 | €91,156 | €85,281 | €90,332 | €84,281 | ▼ 6.7% |
| Profit (loss) for the period to be appropriated9905 | €101,096 | €91,156 | €85,281 | €90,332 | €84,281 | ▼ 6.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €171,037 | €268,663 | €320,285 | €241,056 | €347,472 | ▲ 44.1% |
| Fixed assets21/28 | €42,124 | €46,206 | €41,175 | €14,355 | €129,083 | ▲ 799% |
| Tangible fixed assets22/27 | €42,124 | €46,206 | €41,175 | €14,355 | €129,083 | ▲ 799% |
| Furniture and vehicles24 | €42,124 | €32,993 | €26,363 | €1,564 | €118,313 | ▲ 7,467% |
| Other tangible fixed assets26 | - | €13,213 | €14,812 | €12,791 | €10,770 | ▼ 15.8% |
| Current assets29/58 | €128,913 | €222,457 | €279,110 | €226,701 | €218,389 | ▼ 3.7% |
| Amounts receivable within one year40/41 | €93,173 | €167,938 | €240,110 | €166,587 | €173,169 | ▲ 4.0% |
| Trade receivables40 | €22,688 | €23,595 | €19,638 | €19,638 | €24,129 | ▲ 22.9% |
| Other amounts receivable41 | €70,485 | €144,343 | €220,471 | €146,948 | €149,040 | ▲ 1.4% |
| Cash at bank and in hand54/58 | €33,870 | €52,555 | €28,775 | €59,543 | €42,981 | ▼ 27.8% |
| Deferred charges and accrued income490/1 | €1,870 | €1,963 | €10,226 | €572 | €2,239 | ▲ 292% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €171,037 | €268,663 | €320,285 | €241,056 | €347,472 | ▲ 44.1% |
| Equity10/15 | €121,096 | €212,252 | €297,532 | €210,865 | €73,409 | ▼ 65.2% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €101,096 | €192,252 | €277,532 | €190,865 | €53,409 | ▼ 72.0% |
| Distributable reserves133 | €101,096 | €192,252 | €277,532 | €190,865 | €53,409 | ▼ 72.0% |
| Amounts payable17/49 | €49,941 | €56,411 | €22,753 | €30,191 | €274,063 | ▲ 808% |
| Amounts payable after more than one year17 | €26,867 | €16,889 | - | - | €37,018 | - |
| Financial debts170/4 | €26,867 | €16,889 | - | - | €37,018 | - |
| Amounts payable within one year42/48 | €22,874 | €38,982 | €22,129 | €29,594 | €235,089 | ▲ 694% |
| Current portion of amounts payable after more than one year42 | €9,862 | €9,978 | €16,889 | - | €11,982 | - |
| Financial debts43 | - | €25,000 | - | - | - | - |
| Credit institutions430/8 | - | €25,000 | - | - | - | - |
| Trade debts44 | €2,972 | €146 | €143 | €173 | €1,004 | ▲ 481% |
| Suppliers440/4 | €2,972 | €146 | €143 | €173 | €1,004 | ▲ 481% |
| Taxes, remuneration and social security45 | €10,040 | €3,858 | €5,097 | €29,422 | €367 | ▼ 98.8% |
| Taxes450/3 | €10,040 | €3,858 | €5,097 | €29,422 | €367 | ▼ 98.8% |
| Other amounts payable47/48 | - | - | - | - | €221,737 | - |
| Accrued charges and deferred income492/3 | €200 | €540 | €623 | €597 | €1,956 | ▲ 228% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €101,096 | €91,156 | €85,281 | €90,332 | €84,281 | ▼ 6.7% |
| + Depreciation and write-downs630 | €3,529 | €9,918 | €10,946 | €2,958 | €4,986 | ▲ 68.6% |
| Operating cash flow (approximation) | €104,625 | €101,074 | €96,227 | €93,290 | €89,267 | ▼ 4.3% |
| Investment in fixed assets (approximation) | - | -€14,000 | -€5,915 | €23,863 | -€119,714 | ▼ 602% |
| Change in cash | - | €18,685 | -€23,781 | €30,768 | -€16,562 | ▼ 154% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €84,281 ▼6.7%
Net result drops to €84,281, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 12.61
Current ratio from 5.71 to 12.61; short-term debt falls from €38,982 to €22,129.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
31-12
Financial
Equity above €200,000Eq €212,252 ▲75.3%
2 profitable years in a row build equity to €212,252.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Ramillies · 1 establishment unit since 2021
Ground area
1,482 m²
Building footprint
118 m²
Volume, LiDAR
887 m³
Parcel 25089B0160/00Z000, Wallonia · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CMA CONSULT
since 20212.312.965.097
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25089B0160/00Z000 | Wallonia | 1,482 m² | 1 · 118 m² | 9.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 11,573 companies in sector 71121 we hold annual accounts for 6,569. 5,143 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail
mathieuconsult@gmail.com
Phone
0471/344992
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761368737
Registered
26-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.