CMC MANAGEMENT
Open bankruptcyA bankruptcy procedure is open for CMC MANAGEMENT according to publications in the Belgian State Gazette; curator: Stijn VANSCHOUBROEK. The 2025 annual accounts show negative equity (€-238k) and a net result of €-318k.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-238k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-02-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
6 d late
2024
97 d late
2023
29 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-238k
2024 · €80k
2023: €17k
2024: €80k
2023 → 2025
Total assets
€126k▼ 18.5%
2024 · €154k
2023: €157k
2024: €154k
2023 → 2025
Net result
€-318k
2024 · €63k
2023: €15k
2024: €63k
2023 → 2025
Working capital
€-182k
2024 · €71k
2023: €17k
2024: €71k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€17k-€80k▲ 358%€-238k
Operating result€16k-€92k▲ 489%€-312k
Net result€15k-€63k▲ 318%€-318k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €312k after €92k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126k
Fixed assets
€25k▲ 175%
Current assets
€101k▼ 30.5%
Key figures and ratios
EBITDA
€-310k▼
2024 · €93k
Cash flow
€-316k▼
2024 · €63k
Solvency
-189.4%▼
2024 · 51.8%
Current ratio
0.36▼
2024 · 1.95
Quick ratio
0.36▼
2024 · 1.95
Debt / equity
-1.53▼
2024 · 0.93
ROA
-253.0%▼
2024 · 40.5%
Interest coverage
-51.10▼
2024 · 46.55
Debt
€364k▲
2024 · €74k
Debt ≤ 1 year
€283k▲
2024 · €74k
Debt > 1 year
€81k
Staff costs
€271k▲
2024 · €162k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€154k€126k▼
Fixed assets21/28€9k€25k▲
Tangible fixed assets22/27€3k€19k▲
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26-€17k
Financial fixed assets28€6k€6k=
Current assets29/58€145k€101k▼
Amounts receivable within one year40/41€127k€14k▼
Trade receivables40€127k-
Other amounts receivable41-€14k
Cash at bank and in hand54/58€19k€87k▲
Deferred charges and accrued income490/1€52-
Equity and liabilities
Total equity and liabilities10/49€154k€126k▼
Equity10/15€80k€-238k▼
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Reserves13€63k€63k=
Non-distributable reserves130/1€250€250=
Legal reserve130€250€250=
Distributable reserves133€63k€63k=
Profit (loss) carried forward14€15k€-304k▼
Amounts payable17/49€74k€364k▲
Amounts payable after more than one year17-€81k
Financial debts170/4-€81k
Amounts payable within one year42/48€74k€283k▲
Current portion of amounts payable after more than one year42-€18k
Financial debts43-€25
Credit institutions430/8-€25
Trade debts44€25k€155k▲
Suppliers440/4€25k€155k▲
Taxes, remuneration and social security45€49k€111k▲
Taxes450/3€29k€84k▲
Remuneration and social security454/9€21k€26k▲
Income statement
Code20242025
Remuneration, social security and pensions62€162k€271k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€622€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€180k
Other operating charges640/8€8k€4k▼
Gross operating margin9900€262k€145k▼
Operating profit (loss)9901€92k€-312k▼
Financial income75/76B-€68
Recurring financial income75-€68
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€90k€-318k▼
Income taxes67/77€27k-
Profit (loss) for the period9904€63k€-318k▼
Profit (loss) for the period to be appropriated9905€63k€-318k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€-304k▼
Profit (loss) brought forward from the previous period14P€15k€15k▲
Transfer to equity691/2€63k-
To other reserves6921€63k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · CMC MANAGEMENT BV KAASMARKT 22, 1780 WEMMEL · event 31-03-2026
06-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
30-06
Financial
Weakest financial yearnet €-318k ▼609%
Net result drops to €-318k, the lowest in the series.
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 97 days late
2024
30-06
Financial
Highest result since 2023net €63k ▲318%
Operating result €92k, net result €63k, both a record.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wemmel · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kaasmarkt 221780 WemmelGround area
5,540 m²
Building footprint
2,705 m²
Volume, LiDAR
17,098 m³
2 parcels, Flanders, Wallonia · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CMC MANAGEMENT
since 20242.360.428.088
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0642/00C000 | Wallonia | 4,842 m² | 1 · 2,423 m² | 9.6 m · 2 fl. |
| 22005A0566/00Z007 | Flanders | 698 m² | 1 · 282 m² | 14.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Stijn VANSCHOUBROEK KEIZER KARELLAAN 586
BUS 9, 1082 SINT-AGATHA-BERCHEM |
31-03-2026 → present |
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
VIP STORE
BE 0543.703.113
Wavre · Eq €79k
CARLLIT
BE 0667.881.622
Pelt · Eq €78k
GATES DISTRIBUTION CENTER
BE 0454.972.362
Aalst · Eq €77k
SAM 4
BE 0726.604.333
Ans · Eq €77k
IMMO TMCF
BE 0838.034.765
Thimister-Clermont · Eq €84k
Of 1,030 companies in sector 52100 we hold annual accounts for 765. 388 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2022
Fiscal year end30-06
Activities, NACEBEL
52100Warehousing and storage
70200Business and other management consultancy
70220Business consulting
49410Freight transport by road
52249Warehousing and support activities for transportation
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.