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CMA IMAGING DIGITAL TECHNOLOGIES

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Private limited companyfounded 2019active for 7 yearsAvenue de l'Industrie 13 bis, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0728.720.121

Financials · financial year 2024, full format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.

Annual accounts 2024 filed on 05-01-2026 PDF all 5 filings

Turnover
≈ €320,000
Estimated: probably between €200,000 and €610,000
EBIT margin
Not included in this filing
Net result
€6,959▲ 23×
2023 · €302
Working capital
-€21,696▲ 24.3%
2023 · -€28,656
Multi-year overview
2019 to 2024, 5 financial years
Operating result
€10,888
▲ 487% 2024
20192024
Net result
€6,959
▲ 23× 2024
middle half of the sector
20192024
Equity
-€21,696
▲ 24.3% 2024
lowest quarter of the sector
20192024
Total assets
€110,445
▼ 2.5% 2024
lowest quarter of the sector
20192024
Debt
€132,141
▼ 6.9% 2024
20192024
Working capital
-€21,696
▲ 24.3% 2024
lowest quarter of the sector
20192024
Solvency
-19.6%
▲ 5.6pp 2024
lowest quarter of the sector
20192024
Current ratio
0.84
▲ 0.04 2024
lowest quarter of the sector
20192024
Return on assets (ROA)
6.3%
▲ 6.0pp 2024
middle half of the sector
20192024
Staff (FTE)
no figure
2024
20192024
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20192021202220232024
Operating result-€35,324-€1,398-€6,140▲ 339%€1,854▼ 69.8%€10,888▲ 487%
Net result-€35,330-€585below the sector's middle half-€1,221within the sector's middle half▲ 109%€302within the sector's middle half▼ 75.3%€6,959within the sector's middle half▲ 23×
Equity-€30,330--€30,178below the sector's middle half--€28,957below the sector's middle half▲ 4.0%-€28,656below the sector's middle half▲ 1.0%-€21,696below the sector's middle half▲ 24.3%
Total assets€2,552-€95,478below the sector's middle half-€87,439below the sector's middle half▼ 8.4%€113,298below the sector's middle half▲ 29.6%€110,445below the sector's middle half▼ 2.5%
Debt€32,881-€125,656-€116,396▼ 7.4%€141,954▲ 22.0%€132,141▼ 6.9%
Working capital-€30,330--€30,178below the sector's middle half--€28,957below the sector's middle half▲ 4.0%-€28,656below the sector's middle half▲ 1.0%-€21,696below the sector's middle half▲ 24.3%
Solvency-31.6%below the sector's middle half--33.1%below the sector's middle half▼ 1.5pp-25.3%below the sector's middle half▲ 7.8pp-19.6%below the sector's middle half▲ 5.6pp
Current ratio0.76below the sector's middle half-0.75below the sector's middle half▼ 0.010.80below the sector's middle half▲ 0.050.84below the sector's middle half▲ 0.04
Return on assets (ROA)0.6%within the sector's middle half-1.4%within the sector's middle half▲ 0.8pp0.3%within the sector's middle half▼ 1.1pp6.3%within the sector's middle half▲ 6.0pp
Staff (FTE)4-2below the sector's middle half-
above within below The sector band is the middle half of the companies in Manufacture of computer, electronic and optical products (NACE 26). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2024 is 5.9 times that of 2023 and the highest since 2019. It is a recovery after the fall in 2023.

The turnover shown is an estimate from the gross margin.

Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€132,141▼
2023 · €141,954
Income taxes
€3,435▲
2023 · €164
Staff costs
€115,968▲
2023 · €80,934
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-2021
Employees at the balance-sheet date2
full-time2
in full-time equivalents2
Average over the year, in full-time equivalents2
On a permanent contract2

Source: social balance sheet in the 2021 annual accounts

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€113,298€110,445▼
Current assets29/58€113,298€110,445▼
Amounts receivable within one year40/41€113,272€108,666▼
Trade receivables40€107,386€97,340▼
Other amounts receivable41€5,885€11,327▲
Cash at bank and in hand54/58€26€1,778▲
Equity and liabilities
Total equity and liabilities10/49€113,298€110,445▼
Equity10/15-€28,656-€21,696▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€33,656-€26,696▲
Amounts payable17/49€141,954€132,141▼
Amounts payable within one year42/48€141,954€132,141▼
Trade debts44€50,717€32,602▼
Suppliers440/4€50,717€32,602▼
Taxes, remuneration and social security45€2,129€10,431▲
Taxes450/3€164€3,600▲
Remuneration and social security454/9€1,965€6,832▲
Other amounts payable47/48€89,108€89,108=
Income statement Code20232024
Remuneration, social security and pensions62€80,934€115,968▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€920-
Other operating charges640/8€2,152€125▼
Non-recurring operating charges66A-€212
Gross operating margin9900€85,860€127,194▲
Operating profit (loss)9901€1,854€10,888▲
Financial income75/76B€8€31▲
Recurring financial income75€8€31▲
Financial charges65/66B€1,396€524▼
Recurring financial charges65€1,396€524▼
Profit (loss) for the period before taxes9903€466€10,395▲
Income taxes67/77€164€3,435▲
Profit (loss) for the period9904€302€6,959▲
Profit (loss) for the period to be appropriated9905€302€6,959▲
Appropriation of the result
Profit (loss) to be appropriated9906-€33,656-€26,696▲
Profit (loss) brought forward from the previous period14P-€33,957-€33,656▲

The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 05-01-2026.

Line20192021202220232024Change
Remuneration, social security and pensions62-€61,777€47,436€80,934€115,968▲ 43.3%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€920--
Other operating charges640/8-€348-€2,152€125▼ 94.2%
Non-recurring operating charges66A----€212-
Gross operating margin9900€11,560€63,522€53,575€85,860€127,194▲ 48.1%
Operating profit (loss)9901-€35,324€1,398€6,140€1,854€10,888▲ 487%
Financial income75/76B---€8€31▲ 283%
Recurring financial income75---€8€31▲ 283%
Financial charges65/66B-€813€4,918€1,396€524▼ 62.4%
Recurring financial charges65€6€813€4,918€1,396€524▼ 62.4%
Profit (loss) for the period before taxes9903-€35,330€585€1,221€466€10,395▲ 22×
Income taxes67/77---€164€3,435▲ 21×
Profit (loss) for the period9904-€35,330€585€1,221€302€6,959▲ 23×
Profit (loss) for the period to be appropriated9905-€35,330€585€1,221€302€6,959▲ 23×
Line20192021202220232024Change
Assets
Total assets20/58€2,552€95,478€87,439€113,298€110,445▼ 2.5%
Current assets29/58€2,552€95,478€87,439€113,298€110,445▼ 2.5%
Amounts receivable within one year40/41€751€94,642€86,666€113,272€108,666▼ 4.1%
Trade receivables40-€93,103€83,222€107,386€97,340▼ 9.4%
Other amounts receivable41-€1,538€3,444€5,885€11,327▲ 92.5%
Cash at bank and in hand54/58€1,800€836€773€26€1,778▲ 67×
Equity and liabilities
Total equity and liabilities10/49€2,552€95,478€87,439€113,298€110,445▼ 2.5%
Equity10/15-€30,330-€30,178-€28,957-€28,656-€21,696▲ 24.3%
Contributions10/11-€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14-€35,330-€35,178-€33,957-€33,656-€26,696▲ 20.7%
Amounts payable17/49€32,881€125,656€116,396€141,954€132,141▼ 6.9%
Amounts payable within one year42/48€32,881€125,656€116,396€141,954€132,141▼ 6.9%
Trade debts44€25,766€33,999€19,688€50,717€32,602▼ 35.7%
Suppliers440/4-€33,999€19,688€50,717€32,602▼ 35.7%
Taxes, remuneration and social security45-€2,550€7,600€2,129€10,431▲ 390%
Taxes450/3-€2,550€7,600€164€3,600▲ 22×
Remuneration and social security454/9---€1,965€6,832▲ 248%
Other amounts payable47/48-€89,108€89,108€89,108€89,108=
Line20192021202220232024Change
Profit (loss) for the period9904-€35,330€585€1,221€302€6,959▲ 23×
Operating cash flow (approximation)-€35,330€585€1,221€302€6,959▲ 23×
Change in cash---€63-€746€1,752-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 2,180 companies had the same profile as CMA IMAGING DIGITAL TECHNOLOGIES has now. Two years later, 88.8% were still going and 4.8% had gone bankrupt.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
88.8% was still going
5.8% stopped otherwise
4.8% went bankrupt

Another 0.6% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CMA IMAGING DIGITAL TECHNOLOGIES itself: 3.0% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,180 companies, not a prediction for CMA IMAGING DIGITAL TECHNOLOGIES. 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.

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2024 full format 05-01-2026 2026-00004604 PDF
31-12-2023 full format 22-11-2024 2024-00606193 PDF
31-12-2022 full format 09-11-2023 2023-00510707 PDF
31-12-2021 full format 03-01-2023 2023-20556336 PDF
31-12-2019 full format 25-03-2021 2021-09000407 PDF

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