Investments
€33,369 6.8 × depreciation
Green is investment, beige is depreciation.
CMD Engineering
Overview
Lifetime
3 annual accounts with figures on one time axispeak €9,580 (2023)
€1,674▲ 6.0%
lowest -€3,648 (2025)
-€3,648▼ €4,735
peak €17,507 (2024)
€13,860▼ 20.8%
€26,287▲ 12×
Board2 names since 2023
2 directorsCAILLOU Samuel and 1 other
Documentsfilings and deeds
03-06-202658 days before the deadline
2025micro format
Loss of €3,648Equity from €17,507 to €13,860Debts from €2,250 to €26,287Investments €33,369
Key points
from the 2025 annual accountsLiquidity
0.71 was 7.72 in 2024
Short-term debts rose from €2,250 to €13,065.
Position in the sector
-€3,648
Lower net result than 80% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.
Checked score
48
Fair
Financially stronger than 31% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.6%
01-2025: 2.5%▼ -0.1 percentage points vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025lowest value
03-2025: 2.6%▲ +0.1 percentage points vs 02-2025
04-2025: 2.7%▲ +0.1 percentage points vs 03-2025
05-2025: 2.9%▲ +0.2 percentage points vs 04-2025
06-2025: 2.9%● unchanged vs 05-2025
07-2025: 2.8%▼ -0.1 percentage points vs 06-2025
08-2025: 2.8%● unchanged vs 07-2025
09-2025: 2.8%● unchanged vs 08-2025
10-2025: 2.8%● unchanged vs 09-2025
11-2025: 2.8%● unchanged vs 10-2025
12-2025: 2.8%● unchanged vs 11-2025
01-2026: 2.8%● unchanged vs 12-2025
02-2026: 2.8%● unchanged vs 01-2026
03-2026: 2.9%▲ +0.1 percentage points vs 02-2026
04-2026: 3.0%▲ +0.1 percentage points vs 03-2026
05-2026: 3.1%▲ +0.1 percentage points vs 04-2026
06-2026: 3.2%▲ +0.1 percentage points vs 05-2026
07-2026: 4.3%▲ +1.1 percentage points vs 06-2026highest value
08-2026: 4.3%● unchanged vs 07-2026highest value
09-2026: 4.3%● unchanged vs 08-2026highest value
10-2026: 4.3%● unchanged vs 09-2026highest value
11-2026: 3.6%▼ -0.7 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2023
Size: total assets €40,147
Liquidity: current ratio 0.71, cash €270
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 41, micro). It does better than 42% of them on solvency, 32% on liquidity, 32% on profitability and 19% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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, 2,145 companies had the same profile as CMD Engineering has now. Each dot stands for 6 companies, two years later.
91.7%
were still trading
5.9%
stopped another way
2.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CMD Engineering itself is higher: 3.6% within 12 months. It rests on far more data about CMD Engineering than the profile alone.
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 2,145 companies, not a prediction for CMD Engineering. 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 €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.71 (7.72 in 2024), below 1. Short-term debt is 32.5% and cash 0.7% of total assets. 65.5% 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.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
58 days early
2024
44 days early
2023
62 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 55 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MOTTET Denis Nicolas Michel founderdeed of 23-03-2023
- DELBAR Thibaud François Antoine Joseph-Marie Ghislain founderdeed of 23-03-2023
- CAILLOU Samuel founderdeed of 23-03-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799729564
Incorporation
Appointments: CAILLOU Samuel (director) and DELBAR Thibaud François Antoine Joseph-Marie Ghislain (director) · Founder: MOTTET Denis Nicolas Michel (comparant) · Founder: DELBAR Thibaud François Antoine Joseph-Marie Ghislain (comparant) · published on 23-03-2023 · Gazette deed
First establishment
Avenue Albert Ier 58, Ottignies-Louvain-la-Neuve
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CMD Engineering Ottignies-Louvain-la-Neuve | €40,147 | €1,674 | 34.5% | - |
| DEMAR BOUW De Panne | €42,195 | €1,517 | 13.4% | - |
| CELINE CONSTRUCT Wemmel | €34,947 | €1,670 | 70.6% | - |
| ALVEOLE GROUP Beersel | €42,489 | €1,982 | 34.0% | - |
| LeoMatrix Projects Antwerp | €38,171 | €2,030 | 16.0% | - |
| CONSTRUCT DACI CLEAN Kraainem | €36,013 | €1,479 | 82.7% | - |
| MAREEL DEMPSEY Harelbeke | €38,750 | €1,587 | 0.8% | - |
These companies have the same main activity as CMD Engineering: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €34,900 and €42,500, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 21-03-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.343.104.2841342 Ottignies-Louvain-la-Neuve, since 21-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 14-02-2025
Annual accounts 2025
- €1,674▲ 6.0%
- ≈ €20,000estimated
- €3,648
- €13,860▼ 20.8%
- €40,147▲ 103%
- Filing
- Filed on 03-06-2026, 58 days before the end of the filing period
Insights on CMD Engineering
CMD Engineering files the micro format. That format states no turnover. The gross margin fell from €9,580 in 2023 to €1,674 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 03-06-2026, 58 days before the deadline€1,674
▲ 6.0%
-€3,539
▼ €4,954
-€3,648
▼ €4,735
-€3,777
▼ €18,890
34.5%
▼ 54.1 percentage points
0.71
▼ 7.01
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 ≈ €20,000. Estimated: probably between €10,000 and €36,000.
Balance sheet
balance sheet total €40,147 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
34.5%
Higher than 41% of 9,462 companies in 2025.
0.71
Higher than 12% of 9,210 companies in 2025.
-9.1%
Higher than 14% of 9,282 companies in 2025.
CMD Engineering
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
40,147 | 19,757 | 19,659 | |
21/28 |
30,859 | 2,394 | - | |
22/27 |
30,859 | 2,394 | - | |
23 |
675 | 861 | - | |
24 |
30,184 | 1,533 | - | |
29/58 |
9,288 | 17,363 | 19,659 | |
3 |
- | 4,184 | 12,087 | |
30/36 |
- | 4,184 | 6,767 | |
37 |
- | - | 5,320 | |
40/41 |
398 | 2,151 | 5,202 | |
40 |
318 | 22 | 3,117 | |
41 |
80 | 2,129 | 2,085 | |
50/53 |
7,447 | 7,420 | - | |
54/58 |
270 | 245 | 1,067 | |
490/1 |
1,173 | 3,363 | 1,303 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
40,147 | 19,757 | 19,659 | |
10/15 |
13,860 | 17,507 | 16,419 | |
10/11 |
9,000 | 9,000 | 9,000 | |
14 |
4,860 | 8,507 | 7,419 | |
17/49 |
26,287 | 2,250 | 3,240 | |
17 |
13,222 | - | - | |
170/4 |
13,222 | - | - | |
42/48 |
13,065 | 2,250 | 3,240 | |
42 |
3,778 | - | - | |
44 |
280 | - | 104 | |
440/4 |
280 | - | 104 | |
45 |
60 | 2,187 | 1,926 | |
450/3 |
60 | 2,187 | 1,926 | |
47/48 |
8,947 | 63 | 1,210 | |
| Income statement | ||||
9900 |
1,674 | 1,580 | 9,580 | |
630 |
4,905 | 165 | - | |
640/8 |
309 | 0 | 190 | |
9901 |
-3,539 | 1,415 | 9,390 | |
75/76B |
38 | 1 | - | |
75 |
38 | 1 | - | |
65/66B |
75 | 67 | 45 | |
65 |
75 | 67 | 45 | |
9903 |
-3,576 | 1,349 | 9,345 | |
67/77 |
72 | 261 | 1,926 | |
9904 |
-3,648 | 1,088 | 7,419 | |
9905 |
-3,648 | 1,088 | 7,419 | |
| Appropriation of the result | ||||
9906 |
4,860 | 8,507 | 7,419 | |
14P |
8,507 | 7,419 | - | |
| Document | ||||
The notes to these accounts have 6 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 2025 (PDF), filed on 03-06-2026.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 1,366 | 1,580 | - | ||
| 1,257 | 1,253 | - | ||
| 33,369 | 2,560 | - | ||
| 25 | -822 | - | ||
| -3,777 | 15,113 | 16,419 | ||
| 34.5% | 88.6% | 83.5% | ||
| 0.71 | 7.72 | 6.07 | ||
| 0.71 | 5.86 | 2.34 | ||
| 1.90 | 0.13 | 0.20 | ||
| -26.3% | 6.2% | 45.2% | ||
| -9.1% | 5.5% | 37.7% | ||
| 18.21 | 23.74 | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €33,369 | €2,560 | - |
| €4,905 | €165 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on CMD Engineering
The operating result for 2025 is a loss of €3,539, after a profit of €1,415 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total rises from 11.4% to 65.5%. Equity is lower and debt is higher.
Board & ownership
Board
2 directors, since incorporationDirector
appointed by deed of 23-03-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 03-06-2026
Director
appointed by deed of 23-03-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 03-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 23-03-2023
Mandates through the years
2 names, the dashed line is todayCAILLOU Samuel
Director
Director
Board
Mandates as a list
- CAILLOU Samuel
- Director, from 20-03-2023 to date
- DELBAR Thibaud François Antoine Joseph-Marie Ghislain
- Director, from 20-03-2023 to date
Control
Founders
MOTTET Denis Nicolas Michel, DELBAR Thibaud François Antoine Joseph-Marie Ghislain, CAILLOU Samuel
This company
CMD Engineering
Equity €13,860
Loss €3,648 in 2025
Capital
- Contribution
- €9,000
- Shares
- 90
- Contribution per share
- €100
- Equity per share
- €154 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 23-03-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of May at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Founders
At incorporation
deed of 23-03-2023 ↗
- MOTTET Denis Nicolas Michel founder
- DELBAR Thibaud François Antoine Joseph-Marie Ghislain founder
- CAILLOU Samuel founder
Network & group
No group
CMD Engineering has no parent and no holdings in its annual accounts. CMD Engineering shares no director with another company.
Timeline
Timeline
7 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 58 days before the deadline
2025
Weakest financial year net -€3,648 The net result drops to -€3,648, the lowest from 2023 to 2025.
Annual accounts 2024 filed PDFmicro format · 44 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0799729564
2024
Annual accounts 2023 filed PDFmicro format · 62 days before the deadline
2023
IncorporationAppointments: CAILLOU Samuel (director) and DELBAR Thibaud François Antoine Joseph-Marie Ghislain (director) · Founder: MOTTET Denis Nicolas Michel (comparant) · Founder: DELBAR Thibaud François Antoine Joseph-Marie Ghislain (comparant) · published on 23-03-20238 points ▸
- Founder, MOTTET Denis Nicolas Michel (comparant)
- Founder, DELBAR Thibaud François Antoine Joseph-Marie Ghislain (comparant)
- Founder, CAILLOU Samuel (comparant)
- 90 shares
- Registered office clause, Avenue Albert 1er, 58, 1342 Ottignies-Louvain-la-Neuve
- Director appointment, CAILLOU Samuel
- Director appointment, DELBAR Thibaud François Antoine Joseph-Marie Ghislain
- Power of attorney, CAILLOU Samuel
- The deed holds 1 more point.
First establishment Avenue Albert Ier 58, Ottignies-Louvain-la-Neuve
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
Company details
Identity
- Enterprise number
- 0799.729.564
- VAT number
- BE 0799.729.564
- Peppol ID
- 0208:0799729564
- Other Peppol ID
- 9925:BE0799729564
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-03-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of May at 18:00deed of 23-03-2023 (in French)
- Peppol
- Reachable since 14-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CMD Engineering in French
- Name in the Peppol Directory
- CMB ENGINEERING SRL
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 23-03-2023 (in French)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Conseil en énergie et performance énergétique des bâtiments; Coaching et accompagnement de rénovation de bâtiments; Entreprise générale de…”deed of 23-03-2023 (in French)
11 activities
- Conseil en énergie et performance énergétique des bâtiments
- Coaching et accompagnement de rénovation de bâtiments
- Entreprise générale de construction et rénovation, et notamment :
- Auditeur, certificateur, responsable PEB
- Achat, vente, mise à disposition, location, entretien, construction, gestion, aménagement, réparation et rénovation de tout bien immobilier, le lotissement et la promotion de tout objet immobilier et, d’une manière générale, toute activité en matière immobilière ou de construction et de promotion
- Consultance, conseil, et assistance aux entreprises et aux particuliers en toute matière, et notamment en matière pharmaceutique, chimique et agro-alimentaire
- Réalisation, commercialisation, diffusion, édition, développement de programmes et de logiciels
- Estimation de biens immobiliers
- Location, achat, vente, entretien, réparation de matériel de construction et de jardins (tondeuses, tracteurs, remorques, machines, …)
- Création, aménagement, réaménagement, entretien de jardins, parcs, espaces verts, terrasses de jardin et, notamment :
- Activités de tourisme et loisirs, ainsi que l’organisation et la création d’événements, de voyages, de formules d’hébergement et expéditions, que ce soit au niveau public ou privé ; l’organisation de foires ou de salons et la participation à ceux-ci ; les activités d’intermédiaire commercial ainsi que le conseil et la prestation de services en matière d’organisation d’événements et de gestion d’entreprises (stratégie, marketing, communication… )
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Avenue Albert Ier 58 registered office 1342 Ottignies-Louvain-la-Neuve | 21-03-2023 | 2.343.104.284 |
Buildings and parcels at the address
- Ground area
- 544 m²
- Buildings
- 83 m²
- Volume, LiDAR
- 702 m³
- Tallest building
- 10.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25056B0142/00H008 | 544 m² | 1 · 83 m² | 10.2 m · 3 |
Contact
E-mail
cmd.engineering.belgium@gmail.com
Phone
+32 474 55 24 96
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0799.729.564