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CMC

Active
Public limited companyfounded 199233 years activeWesterlaan 25, 8790 Waregem, BelgiumKBO/BCE: BE 0448.768.223
Summary

CMC has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.4m and a net result of -€7,053. Equity is shrinking by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 174 sector peers (NACE 68, fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€1.6mtotal assets 2026
Equity
€1.4m
Loss
-€7,053
Turnover not published (abridged schema)
Financial health
94 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 132 days early0 of 7 deeds read
Why 94- Liquidity: current ratio 8.13, cash €15,435, halved+ Size: total assets €1.6m+ Founded in 1992+ Equity €1.4m (88.6% of total assets)Show the evidence

Checked score

Score 2026
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 68, micro)
Financial strength · tick = 2025
Average
Solvency 100=
equity 88.6% of total assets
Liquidity 50-3
short-term debt 11.3% · cash 1.0%
Profitability 19+6
return on assets -0.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,530 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025highest value 04-2025: 0.2%● unchanged vs 03-2025highest value 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 8.13 against 5.01 in 2025; short-term debt: 11.3% and cash: 1% of total assets), and 11.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 53% on liquidity, 20% on profitability and 43% on growth.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1.6m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 8.13, cash €15,435, halved
NBB · annual accounts
lowers risk · Founded in 1992
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €1.4m (88.6% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€7,053
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 21-09-2026, 132 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
132 days early
2025
123 days early
2024
128 days early
2023
134 days early
2022
133 days early
2021
108 days early
2020
128 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 127 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. Usually files around 21 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today30-06-2027 close31-01-2028 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · abbreviated…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: 4 loss-making years in a rowloss fiscal year 2026 -€7,053 View
  • Positive: Result rose in 2026from -€78,769 to -€7,053 ▲ 91.0% View
  • Positive: Among the best 17% on solvencysector median 40.7% · 174 companies 88.6% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View

By topic

Financials

Fiscal year
2026
Total assets
€1.6m
Loss
-€7,053
Solvency
88.6%
Total assets▼ 8.5%
Net result
20192026
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-01-2028
  1. 19-09-2023Annual accounts filed
  2. 30-06-2023Weakest financial year
  3. 20-09-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
26-11-1992
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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