Equity
€68,963 ▲ 35.7%
CMBV paid out €833 in dividends. That is 4% of the 2026 profit.
CMBV
Overview
Lifetime
3 annual accounts with figures on one time axispeak €98,252 (2026)
€98,252▲ 93.5%
peak €36,998 (2024)
€18,963▲ 62.2%
peak €68,963 (2026)
€68,963▲ 35.7%
€195,381▲ 102%
Board1 name since 2023
1 directorVANHOOREN,Nicholas
Documentsfilings and deeds
07-09-202654 days before the deadline
2026micro format
Gross margin from €50,782 to €98,252Result from €11,694 to €18,963Dividend €833Equity from €50,833 to €68,963Debts from €96,922 to €195,381Investments €137,896
Key points
from the 2026 annual accountsDebts
€195,381 ▲ 102%
Debts rose by €98,460 in 2026.
Investments
€153,951 4.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 537.9% higher than in 2025.
Checked score
53
Fair
Financially stronger than 55% of micro companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,102 companies (NACE 49, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.2%
01-2025: 3.3%▲ +0.1 percentage points vs 12-2024
02-2025: 3.3%● unchanged vs 01-2025
03-2025: 3.3%● unchanged vs 02-2025
04-2025: 3.3%● unchanged vs 03-2025
05-2025: 3.3%● unchanged vs 04-2025
06-2025: 3.3%● unchanged vs 05-2025
07-2025: 3.4%▲ +0.1 percentage points vs 06-2025
08-2025: 3.6%▲ +0.2 percentage points vs 07-2025
09-2025: 3.6%● unchanged vs 08-2025
10-2025: 3.6%● unchanged vs 09-2025
11-2025: 3.6%● unchanged vs 10-2025
12-2025: 3.6%● unchanged vs 11-2025
01-2026: 3.6%● unchanged vs 12-2025
02-2026: 3.6%● unchanged vs 01-2026
03-2026: 3.6%● unchanged vs 02-2026
04-2026: 3.5%▼ -0.1 percentage points vs 03-2026
05-2026: 3.6%▲ +0.1 percentage points vs 04-2026
06-2026: 3.6%● unchanged vs 05-2026
07-2026: 3.7%▲ +0.1 percentage points vs 06-2026
08-2026: 3.8%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 3.8%● unchanged vs 08-2026
10-2026: 2.4%▼ -1.4 percentage points vs 09-2026lowest value
11-2026: 2.4%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Founded in 2023
Size: total assets €264,344
lowers risk
Figures for financial year 2026 (filed on 07-09-2026)
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 49, micro). It does better than 38% of them on solvency, 45% on liquidity, 60% on profitability and 76% on growth.
The bankruptcy probability was computed on 07-11-2026 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 31-03-2026.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 7,976 companies had the same profile as CMBV has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CMBV itself: 2.4% within 12 months.
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 7,976 companies, not a prediction for CMBV. 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 €3,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.67 (0.83 in 2025), below 1. Short-term debt is 33.3% and cash 8% of total assets. 73.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 07-09-2026, 54 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2026
54 days early
2025
39 days early
2024
2 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 32 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 22 September (3 of the last 3 accounts filed within 37 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797922889
Incorporation
Founding capital of €3,000, 120 shares · Founder: VANHOOREN, Nicholas · Appointment: VANHOOREN, Nicholas (director) · published on 06-02-2023 · Gazette deed
First establishment
Ruddervoordestraat 107, Torhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CMBV Torhout | €264,344 | €98,252 | 26.1% | - |
| I DRIVE 4 YOU Geel | €268,724 | €98,176 | 18.9% | - |
| KMS7 Etterbeek | €245,099 | €107,099 | 28.0% | - |
| J&L GROUP Zaventem | €261,060 | €108,656 | 32.6% | - |
| HN BELGIUM Etterbeek | €208,535 | €90,888 | 12.8% | - |
| ROADRUNNER SERVICE Antwerp | €231,643 | €67,315 | 74.9% | - |
| AMK SERVICE Anderlecht | €269,709 | €162,624 | 89.9% | - |
These companies have the same main activity as CMBV: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €209,000 and €270,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 02-02-2023Normal situation
- Activity
- On-demand passenger transport by chauffeured vehicleNACE 49330
- Joint committee
- 140Transport and logistics · annual accounts 31-03-2026
- Establishment unit
- 2.341.886.1438820 Torhout, since 02-02-2023
- Financial year end
- 31 March
- Peppol
- Reachable since 03-07-2025
Annual accounts to 31-03-2026
- €98,252▲ 93.5%
- ≈ €240,000estimated
- €18,963▲ 62.2%
- €68,963▲ 35.7%
- €264,344▲ 78.9%
- Employeeson 31-03-2026
- 1
- Filing
- Filed on 07-09-2026, 54 days before the end of the filing period
Insights on CMBV
CMBV files the micro format. That format states no turnover. The gross margin rose from €85,682 in 2024 to €98,252 in 2026.
The balance sheet grew most from 2025 to 2026 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2026
micro format, filed on 07-09-2026, 54 days before the deadline€98,252
▲ 93.5%
€29,218
▲ 61.9%
€18,963
▲ 62.2%
-€29,088
▼ €18,740
26.1%
▼ 8.3 percentage points
0.67
▼ 0.16
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €240,000. Estimated: probably between €180,000 and €360,000.
Balance sheet
balance sheet total €264,344 on 31-03-2026What the company ownsHow it is paid for
in euro
in euro
Position in the sector
26.1%
Higher than 47% of 5,940 companies in 2025.
0.67
Higher than 29% of 5,694 companies in 2025.
7.2%
Higher than 58% of 5,757 companies in 2025.
CMBV
Middle half of the sector
80% of the sector
Micro accounts in land transport (NACE 49)
Staff
€37,029
Staff costs divided by the average number of full-time equivalents.
+1 person
people who joined
people who left
In 2026, 1 person joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 | 2025 | 2024 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
264,344 | 147,755 | 95,543 | |
21/28 |
205,489 | 98,847 | 66,913 | |
22/27 |
205,489 | 98,847 | 66,913 | |
23 |
41,670 | 6,532 | 8,334 | |
24 |
163,819 | 92,315 | 58,579 | |
29/58 |
58,855 | 48,907 | 28,630 | |
40/41 |
15,045 | 31,498 | 17,646 | |
40 |
12,007 | 22,832 | 12,684 | |
41 |
3,038 | 8,666 | 4,963 | |
50/53 |
- | - | 3,750 | |
54/58 |
21,050 | 13,465 | 7,146 | |
490/1 |
22,761 | 3,944 | 87 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
264,344 | 147,755 | 95,543 | |
10/15 |
68,963 | 50,833 | 39,998 | |
10/11 |
3,000 | 3,000 | 3,000 | |
13 |
46,835 | 46,835 | 36,000 | |
133 |
46,835 | 46,835 | 36,000 | |
14 |
19,128 | 998 | 998 | |
17/49 |
195,381 | 96,922 | 55,545 | |
17 |
103,912 | 35,329 | - | |
170/4 |
103,912 | 35,329 | - | |
42/48 |
87,943 | 59,254 | 55,545 | |
42 |
30,329 | 13,554 | - | |
43 |
- | 0 | 15,000 | |
430/8 |
- | 0 | 15,000 | |
44 |
26,097 | 8,780 | 4,389 | |
440/4 |
26,097 | 8,780 | 4,389 | |
46 |
820 | 0 | 1,017 | |
45 |
7,872 | 5,548 | 2,212 | |
450/3 |
3,720 | 3,336 | - | |
454/9 |
4,151 | 2,212 | 2,212 | |
47/48 |
22,824 | 31,373 | 32,927 | |
492/3 |
3,527 | 2,339 | - | |
| Income statement | ||||
76A |
3,146 | 2,500 | 5,350 | |
9900 |
98,252 | 50,782 | 85,682 | |
62 |
25,920 | 0 | 794 | |
630 |
31,254 | 19,455 | 23,935 | |
640/8 |
7,160 | 5,904 | 10,419 | |
66A |
4,700 | 7,375 | - | |
9901 |
29,218 | 18,048 | 50,533 | |
75/76B |
49 | 834 | 39 | |
75 |
49 | 834 | 39 | |
65/66B |
6,600 | 3,844 | 841 | |
65 |
6,600 | 3,844 | 841 | |
9903 |
22,668 | 15,038 | 49,732 | |
67/77 |
3,704 | 3,344 | 12,734 | |
9904 |
18,963 | 11,694 | 36,998 | |
9905 |
18,963 | 11,694 | 36,998 | |
| Appropriation of the result | ||||
9906 |
19,961 | 12,692 | 36,998 | |
14P |
998 | 998 | - | |
691/2 |
0 | 10,835 | 36,000 | |
6921 |
0 | 10,835 | 36,000 | |
694/7 |
833 | 859 | - | |
694 |
833 | 859 | - | |
| Social balance sheet | ||||
9087 |
0.7 | - | - | |
Hours worked1013 |
1,143 | - | - | |
| Document | ||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 07-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 | 2025 | 2024 |
|---|---|---|---|---|
| 60,472 | 37,503 | 74,469 | ||
| 50,217 | 31,149 | 60,934 | ||
| 153,951 | 64,264 | 99,454 | ||
| 7,584 | 6,319 | - | ||
| -29,088 | -10,347 | -26,915 | ||
| 26.1% | 34.4% | 41.9% | ||
| 0.67 | 0.83 | 0.52 | ||
| 2.83 | 1.91 | 1.39 | ||
| 27.5% | 23.0% | 92.5% | ||
| 7.2% | 7.9% | 38.7% | ||
| 9.16 | 9.76 | 88.60 |
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.
Social balance sheet
| Item | 31-03-2026 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 0 |
| part-time | 1 |
| in full-time equivalents | 0.8 |
| 0.6 | |
| On a permanent contract | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2026 annual accounts
Investments
fixed assets acquired| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 |
|---|---|---|---|
| Tangible fixed assets | €153,951 | €64,264 | €99,454 |
| €31,254 | €19,455 | €23,935 |
Source: notes to the 2024 to 2026 annual accounts (statement of fixed assets)
Insights on CMBV
The operating result for 2026 is 62% higher than in 2025. It is a recovery after the fall in 2025.
Debt's share of the balance-sheet total rises from 65.6% to 73.9%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 06-02-2023
listed in the 2026 annual accounts, filed on 07-09-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 06-02-2023
Mandates through the years
1 name, the dashed line is todayVANHOOREN,Nicholas
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- VANHOOREN,Nicholas
- Director (not named in the articles), from 02-02-2023 to date
Control
Capital
- Contribution
- €3,000
- Shares
- 120
- Contribution per share
- €25
- Equity per share
- €575 in 2026
- Source
- deed of 06-02-2023
Articles of association
deed of 06-02-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of September at 18:00
Shareholders
At incorporation
deed of 06-02-2023 ↗
- VANHOOREN,Nicholas 120 shares (100%) · €3,000
Network & group
No group
CMBV has no parent and no holdings in its annual accounts. VANHOOREN,Nicholas is the only director. CMBV shares no director with another company.
Timeline
Timeline
7 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2027 accounts: 31-10-2027
2026
Annual accounts 2026 filed NBBmicro format · 54 days before the deadline
2025
Annual accounts 2025 filed PDFmicro format · 39 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0797922889
Weakest financial year net €11,694 ▼68.4% The net result drops to €11,694, the lowest from 2024 to 2026. It recovers the following year.
2024
Annual accounts 2024 filed PDFmicro format · 2 days before the deadline
2023
IncorporationFounding capital of €3,000, 120 shares · Founder: VANHOOREN, Nicholas · Appointment: VANHOOREN, Nicholas (director) · published on 06-02-20233 points ▸
- Founder, VANHOOREN, Nicholas
- Founding capital, €3,000, 120 shares
- Director appointment, VANHOOREN, Nicholas (director (not named in the articles))
- The deed holds 1 more point.
First establishment Ruddervoordestraat 107, Torhout
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
CMBV was incorporated on 2 February 2023 as a private limited company by one natural person, with a starting capital of €3,000.12 VANHOOREN,Nicholas is director of the company, appointed by deed of 06-02-2023.2 Total assets rose from €95,543 in 2024 to €264,344 in 2026.3
Company details
Identity
- Enterprise number
- 0797.922.889
- VAT number
- BE 0797.922.889
- Peppol ID
- 0208:0797922889
- Other Peppol ID
- 9925:BE0797922889
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 02-02-2023
- Financial year
- ends on 31 March
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of September at 18:00deed of 06-02-2023 (in Dutch)
- Website
- www.mbvnico.be
- Peppol
- Reachable since 03-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CMBV in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 06-02-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Ruddervoordestraat 107, 8820 Torhout”deed of 06-02-2023 (in Dutch)
Activities
NACEBEL 2025VAT activities
49330
On-demand passenger transport by chauffeured vehicle main activity
Social security (RSZ) activities
49330
On-demand passenger transport by chauffeured vehicle main activity
Joint committees annual accounts 31-03-2026
JC 140
Transport and logistics
Codes under NACEBEL 2008
49320
Taxi operation main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De exploitatie van een taxibedrijf voor alle(bezoldigd)vervoer van personen,met inbegrip van oproepcentrales voor taxi’s; Het verrichten van…”deed of 06-02-2023 (in Dutch)
10 activities
- De exploitatie van een taxibedrijf voor alle(bezoldigd)vervoer van personen,met inbegrip van oproepcentrales voor taxi’s;
- Het verrichten van alle personenvervoer,luchthavenvervoer,limo-service,vervoer voor evenementen en speciale aangelegenheden;
- Het verrichten van vervoerdiensten voor personen in de ruimste zin van het woord;
- De exploitatie van koerierdiensten,expressdiensten,besteldiensten,verhuisdiensten en goederenvervoer over de weg zover het laadvermogen niet meer dan 1100 kg bedraagt;
- De huur en verhuur van personenwagens,lichte bestelwagens,minibussen en andere motorvoertuigen,op korte termijn,met of zonder chauffeur;
- De huur en verhuur van wagens en motorvoertuigen voor evenementen,met of zonder chauffeur.
- Ondersteunende activiteiten in verband met de landbouw,meer bepaald in verband met de teelt van gewassen:voorbereiden van de landbouwvelden,opzetten van een teelt,besproeien van gewassen,snoeien van fruitbomen en wijnstokken,verhuur van landbouwmachines en–werktuigen met bedieningspersoneel.
- Activiteiten inzake tuinaanleg en–onderhoud,landschapsverzorging onder andere snoeien van bomen en heggen,aanleggen en onderhouden van tuinen en parken.
- Overige zakelijke en persoonlijke dienstverlening.
- Het organiseren van dagreizen en meerdaagse reizen en excursies van kortere duur,regelen van reizen op maat,onderdak en vervoer van reizigers en toeristen,verkoop aan de hand van brochures en catalogi van door touroperators georganiseerde reizen,gidsen,verkoop van entreekaarten,het commercialiseren van reizen zowel in België als in het buitenland,etc.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Ruddervoordestraat 107 registered office 8820 Torhout | 02-02-2023 | 2.341.886.143 |
Buildings and parcels at the address
- Ground area
- 637 m²
- Buildings
- 168 m²
- Volume, LiDAR
- 672 m³
- Tallest building
- 7.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31522D0812/00M000 | 636 m² | 1 · 168 m² | 7.0 m · 1 |
Contact
E-mail
info@mbvnico.be