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CMAST

Absorbed by XPE Group KBO/BCE: BE 0807.942.001 subsidiary of Adecco Group SA
CMAST
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Overview

Lifetime

13 annual accounts with figures on one time axis
peak €7.7m (2017)
-not published
peak €2.5m (2019)
€2.0m▲ 23.6%
peak €10.1m (2021)
€10.1m▲ 25.2%
€1.2m▼ 18.0%
peak 72.2 FTE (2020)
65.2 FTE▼ 9.7%
Board5 names since 2019
3 directorsBoissonnet Yves-Marie and 2 others
Owners4 names in the annual accounts
100%ADECCO PERSONNEL SERVICES and 1 other
Documentsfilings and deeds
21-06-202240 days before the deadline
2021financial year
Staff from 72.2 FTE to 65.2 FTEMerger proposal: to be absorbed by XPE GROUP NV 22-11Resignation: Wim Six (director) 12-051 director appointed, 1 resignation 16-02Equity from €8.1m to €10.1mDebts from €1.4m to €1.2m

Key points

from the 2021 annual accounts, the last ones filed

Payment terms

109 days from customers
Customers
319 to 109

Customers pay 210 days earlier.

Filings

13 annual accounts since 2009
AprilJune31 JulyOctober201020152020

Two of the last ten came late. The 2013 accounts came latest: 61 days after the end of the period.

No score

Board and ownership

BY
Boissonnet Yves-Marie
Director, since 01-01-2019
OO
Olivier Ophèle
Director
LM
Laurent Mimalé
Director, since 22-04-2021

Shares in 2 companies, Cmast consulting INC and Cmast Sp z.o.o

Board & ownership

Recent changes

Merger: absorbed by XPE Group General meeting of 07-01-2022 · Gazette deed
Merger proposal: to be absorbed by XPE GROUP NV Adecco Personnel Services NV holds all the shares · Capital increase of €18,600 · Gazette deed
Resignation: Wim Six (director) Appointment: Laurent Mimalé (director) · General meeting of 22-04-2021 · Gazette deed
1 director appointed, 1 resignation Resignation: Reikan BV · Permanent representative: Glenn Van Dael · Appointment: Olivier Ophèle · General meeting of 21-01-2021 · Gazette deed
All 25 events

Official details

Source: KBO
Status
Absorbed by XPE Groupmerger by absorption, February 2022
Activity
“Detachering van business en ICT consultants.” (deed in Dutch)From the articles, 5 activitiesNo NACE code in the KBO yet
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2021
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2021

€10.1m▲ 3.4%
€2.0m▲ 23.6%
€10.1m▲ 25.2%
€11.3m▲ 18.7%
Employeeson 31-12-2021
64
Filing
Filed on 21-06-2022
Financials

Insights on CMAST

Absorbed by XPE Group in February 2022. The last annual accounts are for financial year 2021.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2021

full format, filed on 21-06-2022, 40 days before the deadline
€10.1m
▲ 3.4%
€2.8m
▲ 21.6%
€2.8m
▲ 21.3%
€2.1m
▲ 23.2%
89.6%
▲ 4.6 percentage points
9.59
▲ 2.90

Money flows

of every €100 of turnover, €20.16 remains as profit in 2021

Balance sheet

balance sheet total €11.3m on 31-12-2021
What the company ownsHow it is paid for

in €m

in €m

Staff

Men and women63% women

24 men and 41.2 women in full-time equivalents in 2021.

€72,206

Men €74,740, women €71,605 per full-time equivalent. Jobs differ, so this is not a pay gap.

-9 people

people who joined people who left

In 2021, 22 people joined and 31 left. Training hours in 2021: 132.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 11.3m9.5m8.0m5.9m4.3m3.4m3.8m2.7m1.3m691,156617,904480,679188,375
21/28 55,26473,05173,486180,391213,337448,401442,266459,138283,63211,67524,44021,45323,215
21 -6,87610,3851,3774,1302,753-1,9003,800----
22/27 15,32624,60322,91646,03976,232438,562438,416453,387279,73111,57524,34021,35323,115
22 -----394,672421,801435,650268,017----
23 14,91123,58820,52033,49546,38720,97711,52613,5014,8822,8664,8464,3902,724
24 4161,0162,0739,39823,87614,1225,0894,2376,8327,38716,64212,56219,730
26 --3233,1465,9698,791---1,3222,8524,401661
28 39,93741,57240,185132,975132,9757,0853,8503,850100100100100100
280/1 28,75028,75028,750121,540---------
280 28,75028,75028,750121,540---------
284/8 11,18712,82211,43511,435---------
285/8 11,18712,82211,43511,435---------
29/58 11.3m9.5m7.9m5.8m4.1m2.9m3.3m2.3m1.0m679,480593,464459,226165,160
40/41 10.4m8.6m6.2m2.5m2.9m2.0m1.7m1.6m683,543481,632230,326299,79771,937
40 3.0m2.6m2.3m2.2m1.7m1.5m1.6m1.6m604,617401,101187,019291,33868,437
41 7.4m6.0m3.9m287,2831.2m511,756157,5623,24378,92580,53143,3078,4593,500
50/53 -36,52236,52236,49636,49636,49636,46049,162-----
51/53 -36,52236,52236,496---------
54/58 754,811725,5691.1m2.3m193,497525,1641.5m586,398297,644183,310360,149156,48491,288
490/1 104,415131,836545,404970,912976,293343,86614,2233,58830,97214,5382,9892,9451,936
Balance sheet: equity and liabilities
10/49 11.3m9.5m8.0m5.9m4.3m3.4m3.8m2.7m1.3m691,156617,904480,679188,375
10/15 10.1m8.1m6.4m4.0m2.3m734,965729,3111.0m470,725192,4618,72911,32576,519
10/11 18,60018,60018,60018,60018,6006,2006,2006,2006,2006,2006,2006,2006,200
100 --18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -----12,40012,40012,40012,40012,40012,40012,40012,400
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 1,8601,860-----------
130 --1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,860-----------
14 10.1m8.1m6.4m3.9m2.3m726,905721,251998,041462,665184,4016693,26568,459
17/49 1.2m1.4m1.6m2.0m2.0m2.6m3.0m1.7m825,066498,694609,175469,354111,856
17 -----305,211329,656353,579324,684--11,82516,025
170/4 -----305,211329,656353,579324,684--11,82516,025
42/48 1.2m1.4m1.6m1.7m1.9m2.3m2.6m1.4m398,085474,394607,552455,91094,104
42 -200,434200,374200,382292,062574,44523,92323,45115,351-11,8254,2004,200
43 -------1-----
430/8 -------1-----
44 221,618408,777440,836325,867619,163368,456339,468798,229142,77113,39834,273118,69413,597
440/4 221,618408,777440,836325,867619,163368,456339,468798,229142,77113,39834,273118,69413,597
45 887,940794,121905,8281.2m932,963665,0301.0m543,986169,599228,092250,549182,50741,796
450/3 397,909222,547396,499600,139442,957304,473696,143395,16393,133190,485235,606174,70340,498
454/9 490,030571,575509,329611,577490,006360,557313,749148,82376,46737,60714,9437,8041,298
47/48 65,45312,17712,177-25,011713,0201.2m-70,364232,904310,904150,50934,512
492/3 -17,130-237,454171,7471,500141,50010,270102,29624,3001,6231,6191,727
Income statement
70/76A 10.5m10.3m11.4m11.3m---------
70 10.1m9.8m10.9m10.6m---------
74 395,884------------
9900 ----7.7m5.7m4.1m2.3m1.3m876,594625,765346,820134,649
60/66A 7.7m8.0m7.8m8.8m---------
61 2.5m2.8m3.0m3.4m---------
62 4.7m5.2m4.8m5.3m5.1m3.5m2.6m1.4m682,613408,240187,73166,46310,578
630 16,15318,26529,18640,95645,77168,65453,79755,51538,7389,09416,87811,68110,115
631/4 58,088------------
640/8 445,67713,93515,22216,92055,53027,45916,32713,3867,6365,2844,5176,5493,830
9901 2.8m2.3m3.6m2.5m2.5m2.0m1.5m861,448562,430453,977416,639262,127110,125
75/76B 23,44614,89214,233-2,5351,7746,1414,4533472462,39772955
75 23,44614,89214,233-2,5351,7746,1414,4533472462,39772955
752/9 23,44614,89214,233----------
65/66B 4,71243,05736,49447,55854,39823,36331,53829,09016,3297,2426,1493,8062,509
65 4,71243,05736,49447,55854,39823,36331,53829,09016,3297,2426,1493,8062,509
650 --1,8382,327---------
652/9 4,71243,05734,65645,231---------
9903 2.8m2.3m3.6m2.5m2.4m2.0m1.4m836,812546,447446,981412,887259,051107,671
67/77 778,046623,4531.1m801,997898,138722,028511,535301,436193,184163,249104,57896,01037,351
670/3 778,046623,4531.1m801,997---------
9904 2.0m1.7m2.5m1.7m1.6m1.3m923,211535,375353,264283,732308,308163,04170,319
9905 2.0m1.7m2.5m1.7m1.6m1.3m923,211535,375353,264283,732308,308163,04170,319
Appropriation of the result
9906 10.1m8.1m6.4m3.9m2.3m2.0m1.9m998,041537,665284,401311,573231,50070,319
14P 8.1m------------
691/2 ------------1,860
6920 ------------1,860
694/7 -----1.3m1.2m-75,000100,000310,904228,235-
694 -----1.3m1.2m-75,000100,000178,000228,235-
695 ----------132,904--
Social balance sheet
9087 65.272.265.567.364.347.935.620.411.36.33.11.20.2
Men (FTE)1003 2425.524.827.4---------
Women (FTE)1003 41.246.740.739.9---------
Agency workers1501 --21---------
Hours worked1013 110,410119,908110,119115,774110,35883,23261,20835,21616,82510,9085,1421,946314
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 38 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 2021 (PDF), filed on 21-06-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2021 full format 21-06-2022 2022-20126886 PDF
31-12-2020 full format 25-06-2021 2021-25200242 PDF
31-12-2019 full format 17-06-2020 2020-18600465 PDF
31-12-2018 full format 09-07-2019 2019-31700455 PDF
31-12-2017 abbreviated format 30-07-2018 2018-41400195 PDF
31-12-2016 abbreviated format 26-06-2017 2017-23800360 PDF
31-12-2015 abbreviated format 29-07-2016 2016-39700069 PDF
31-12-2014 abbreviated format 30-09-2015 2015-62900466 PDF
31-12-2013 abbreviated format 30-09-2014 2014-62200329 PDF
31-12-2012 abbreviated format 25-07-2013 2013-35200174 PDF
31-12-2011 abbreviated format 31-07-2012 2012-36900543 PDF
31-12-2010 abbreviated format 24-06-2011 2011-21100426 PDF
31-12-2009 abbreviated format 26-07-2010 2010-34500302 PDF

Subsidies and aid

European Union 2 projects, €334,728 EU contribution

Seventh Framework Programme
€334,728

Projects

  • European Consortium for High-Throughput Research in Rare Kidney DiseasesSeventh Framework Programme, participant, 01-10-2012 to 30-09-2017, €169,728, EURENOMICS
  • Resource Preservation by Application of BIOefFECTORs in European Crop ProductionSeventh Framework Programme, participant, 01-09-2012 to 31-08-2017, €165,000, BIOFECTOR

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2021202020192018201720162015201420132012201120102009
2.8m2.3m3.6m2.6m2.5m2.1m1.5m916,963601,168463,071433,517273,808120,240
2.1m1.7m2.5m1.7m1.6m1.3m977,008590,890392,002292,826325,187174,72280,434
-1,63516,44317,90315,834220,92974,88836,926231,021310,6941,82219,8659,91932,764
29,242-398,775-1.2m2.1m-331,667-1.0m963,488288,754114,334-176,839203,66665,196-
10.1m8.0m6.4m4.0m2.3m593,275758,201910,812614,074205,086-14,0873,31671,057
27.7%23.5%33.3%23.7%---------
89.6%85.0%80.5%66.7%53.0%21.9%19.3%36.8%36.3%27.8%1.4%2.4%40.6%
9.596.685.093.312.211.261.291.672.541.430.981.011.76
0.120.180.240.500.893.584.171.721.752.5969.7841.441.46
20.1%20.4%38.6%42.0%67.5%173.6%126.6%53.2%75.0%147.4%--91.9%
18.1%17.3%31.1%28.0%35.7%37.9%24.5%19.6%27.3%41.1%49.9%33.9%37.3%
over 100-over 100over 100---------
109 days96 days79 days75 days---------
32 days54 days54 days35 days---------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Revenue breakdown

as filed

By geographic market 2020

  • België €8,955,81993.8%
  • Buiten België binnen Europa €547,1055.7%
  • Buiten Europa €42,2230.4%

Total €9,545,147

Revenue in the income statement €9,798,625

Source: 2020 accounts, page 20, filing 2021-25200242

All years (2017 to 2020)
By geographic market2017201820192020
België€9,457,337€9,359,348€10,350,188€8,955,819
Buiten België binnen Europa€443,284€404,431€492,137€547,105
Buiten Europa€986,124€561,472€20,640€42,223
Total€10,886,746€10,325,251€10,862,965€9,545,147

Social balance sheet

Item31-12-2021
Employees at the balance-sheet date64
full-time56
part-time8
in full-time equivalents62.4
65.2
On a permanent contract64
Joined22
Left31
Training hours132

Source: social balance sheet in the 2021 annual accounts

Auditor

fees
Item2021
Fee for the audit€5,940

Source: notes to the 2021 annual accounts (relations with the auditor)

Insights on CMAST

The operating result for 2021 is 22% higher than in 2020. It is a recovery after the fall in 2020.

Debt's share of the balance-sheet total falls from 15.0% to 10.4%. Equity is higher and debt is lower.

Board & ownership

Last board

3 directors, last change in 2021
Boissonnet Yves-Marie
Director
since 01-01-2019
listed in the 2021 annual accounts, filed on 21-06-2022
Olivier Ophèle
Director
appointed by deed of 16-02-2021
Laurent Mimalé
Director
since 22-04-2021 term until 28-05-2027
listed in the 2021 annual accounts, filed on 21-06-2022

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
Boissonnet Yves-Marie
Director
Olivier Ophèle
Director
Laurent Mimalé
Director
Wim Six
Director
Reikan BV
Director
BoardEarlierRest of the termmandate already running before its first mention
Mandates as a list
  • Boissonnet Yves-Marie
    • Director, from 01-01-2019 to date
  • Olivier Ophèle
    • Director, appointed by deed of 16-02-2021, still in office
  • Laurent Mimalé
    • Director, from 22-04-2021 to date
  • Wim Six
    • Director, until 12-05-2021
  • Reikan BV
    • Director, until 21-01-2021

See the board, name and registered office on a given date →

Control

Consolidating parent
Adecco Group SA CH
Source: parent in own accounts 2021
consolidates
This company
CMAST
Equity €10.1m
Profit €2.0m in 2021

Capital

Capital
€18,600
Shares
186 in the 2021 annual accounts
Contribution per share
€100
Equity per share
€54,531 in 2021
Source
deed of 22-11-2021

Owners through the years

as the annual accounts name them
ADECCO PERSONNEL SERVICES
100%
100%
Adecco Group SA CH
consolidates
Artemis Consultancy
listed
listed until 2018
MS CONSULT
10.22%
10.22% until 2014
Owners as a list

Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 22-11-2021 ↗
  • Adecco Personnel Services NV all shares
Capital over time
  1. 22-11-2021 Capital stated in the deed · €18,600 · 186 shares

Network & group

Holdings

own 2021 accounts
This companyCMAST2 holdings, 2 countries 2021 accounts

Europe 1 Equity Result

  • PL Cmast Sp z.o.o PLN 493,975 result PLN 21,426

North America 1 Equity Result

  • US Cmast consulting INC USD 222,792 result -USD 13,410

Source: list of holdings in its own 2021 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2021, in their own currency.

Parent

Adecco Group SA
Switzerland

Holdings and subsidiaries

2 holdings

Holdings 2

Share, source and own figures per holding (2)

Source for every holding own accounts 2021

  • Cmast consulting INCUSsubsidiary
    Equity USD 222,792Result -USD 13,410
    100%
  • Cmast Sp z.o.oPLsubsidiary
    Equity PLN 493,975Result PLN 21,426
    100%
Holdings through the years 2018 to 2021
Holdings through the years
Name2018201920202021
Cmast consulting INCUS 100%
Cmast Sp z.o.oPL 100%
Cmast Consulting AGCH 100%

Source: list of holdings in its own accounts

Acquisitions and mergers

1 transaction
Taken over by:XPE Group
BE 0451.710.984Gazette deed of 01-02-2022 (4 deeds)

Connections & network

3 last directors
Depth

The network starts from the directors of CMAST. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

25 events since 2008
2022
Annual accounts 2021 filed PDFfull format · 40 days before the deadline
Merger: absorbed by XPE GroupGeneral meeting of 07-01-20222 points ▸
  • Accounting effect, 01-01-2022
  • General meeting, 07-01-2022
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

2021
Equity above €10m equity €10.1m ▲25.2% Equity rises from €8.1m to €10.1m.
Merger proposal: to be absorbed by XPE GROUP NVAdecco Personnel Services NV holds all the shares · Capital increase of €18,6005 points ▸
  • Adecco Personnel Services NV holds all the shares, mentioned twice in the deed
  • Capital, €18,600, 186 shares
  • Capital, €864,347.19, 30,667 shares
  • Capital increase, €18,600
  • Accounting effect, 01-01-2022
  • The deed holds 14 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFfull format · 36 days before the deadline
Resignation: Wim Six (director)Appointment: Laurent Mimalé (director) · General meeting of 22-04-20213 points ▸
  • General meeting, 22-04-2021
  • Director resignation, Wim Six
  • Director appointment, Laurent Mimalé
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

1 director appointed, 1 resignationResignation: Reikan BV · Permanent representative: Glenn Van Dael · Appointment: Olivier Ophèle · General meeting of 21-01-20214 points ▸
  • General meeting, 21-01-2021
  • Director resignation, Reikan BV
  • Permanent representative, Glenn Van Dael
  • Director appointment, Olivier Ophèle

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFfull format · 44 days before the deadline
2019
Highest result from 2009 to 2021 net €2.5m ▲49.6% The operating result of €3.6m and the net result of €2.5m are both a record.
Equity above €5m equity €6.4m ▲62.8% Equity rises from €4.0m to €6.4m.
Annual accounts 2018 filed PDFfull format · 22 days before the deadline
2018
Annual accounts 2017 filed PDFabbreviated format · 1 day before the deadline
2017
Equity above €2m equity €2.3m ▲213% Equity rises from €734,965 to €2.3m.
Annual accounts 2016 filed PDFabbreviated format · 35 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 2 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 61 days late
2014
Equity above €1m equity €1.0m ▲114% Equity rises from €470,725 to €1.0m.
Annual accounts 2013 filed PDFabbreviated format · 61 days late
2013
Equity above €200,000 equity €470,725 ▲145% Equity rises from €192,461 to €470,725.
Annual accounts 2012 filed PDFabbreviated format · 6 days before the deadline
2012
Equity above €150,000 equity €192,461 ▲2,105% Equity rises from €8,729 to €192,461.
Annual accounts 2011 filed PDFabbreviated format · on the deadline day
2011
Annual accounts 2010 filed PDFabbreviated format · 37 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 5 days before the deadline
2008
Incorporation PDF13 publications in the Belgian Official Gazette, the last on 27-01-2022

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

CMAST has filed 13 sets of annual accounts, the latest for financial year 2021.1 In 2022 the company was absorbed by merger into XPE Group.2

  1. 1National Bank, annual accounts 2021
  2. 2Belgian Official Gazette, 01-02-2022

Company details

Purpose according to the articles of association

PurposeThe purpose describes the activities the company may carry out under its articles.
“Detachering van business en ICT consultants; Interimmanagement; Managementadviesproductontwikkeling op het commerciële vlak, alsook op het…”
5 activities
  1. Detachering van business en ICT consultants.
  2. Interimmanagement
  3. Managementadviesproductontwikkeling op het commerciële vlak, alsook op het vlak van organisatie
  4. Consultancy, opleiding, technische expertise en bijstand op voornoemde gebieden.
  5. Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven, privé-personen en instellingen die op dit (deze) domein(en) actief zijn, de vertegenwoordiging en het optreden als commercieel tussenpersoon.

Articles of association, deed of 22-11-2021 (in Dutch)

Inactive

Absorbed by XPE Group in February 2022

CMAST is no longer in the KBO register. XPE Group took it over in a merger by absorption, published in the Belgian Official Gazette on 1 February 2022.

Status
Inactive
Reason
Merger by absorptionBelgian Official Gazette, 1 February 2022 · deed
Absorbed by
XPE Group · 0451.710.984
Last annual accounts
financial year to 31 December 2021
Last registered office
Georges Van Dammeplein 57, 9140 Temseas published on 27 January 2022
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 2009
Official KBO record

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