Skip to content

CMF Projects

Active
Private limited companyfounded 2024active for 2 yearsTer Laken 38, 2221 Heist-op-den-Berg, BelgiumKBO/BCE: BE 1012.371.875
Summary

CMF Projects has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,805 and a net result of €50,805. Its solvency ranks better than 65% of 9,624 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€51,805
Total assets
€78,272
Net result
€50,805
Working capital
€39,365

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €78,272
Fixed assets €12,440
Current assets €65,832
Equity and liabilities €78,272
Equity €51,805
Debt €26,467
Debt finances 33.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€77,473
Cash flow
€52,922
Current ratio
2.49
Debt to equity
0.51
ROE
98.1%
ROA
64.9%
Interest coverage
22.56
Debt ≤ 1 year
€26,467
Income taxes
€21,179

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€78,272
Fixed assets21/28€12,440
Tangible fixed assets22/27€12,440
Plant, machinery and equipment23€1,899
Furniture and vehicles24€10,541
Current assets29/58€65,832
Amounts receivable within one year40/41€15,415
Trade receivables40€15,090
Other amounts receivable41€325
Cash at bank and in hand54/58€49,549
Deferred charges and accrued income490/1€867
Equity and liabilities
Total equity and liabilities10/49€78,272
Equity10/15€51,805
Contributions10/11€1,000
Reserves13€50,805
Distributable reserves133€50,805
Amounts payable17/49€26,467
Amounts payable within one year42/48€26,467
Trade debts44€473
Suppliers440/4€473
Taxes, remuneration and social security45€25,994
Taxes450/3€25,994
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,118
Other operating charges640/8€1,555
Gross operating margin9900€79,028
Operating profit (loss)9901€75,355
Financial income75/76B€62
Recurring financial income75€62
Financial charges65/66B€3,434
Recurring financial charges65€3,434
Profit (loss) for the period before taxes9903€71,984
Income taxes67/77€21,179
Profit (loss) for the period9904€50,805
Profit (loss) for the period to be appropriated9905€50,805
Appropriation of the result
Profit (loss) to be appropriated9906€50,805
Transfer to equity691/2€50,805
To other reserves6921€50,805

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,118
Other operating charges640/8€1,555
Gross operating margin9900€79,028
Operating profit (loss)9901€75,355
Financial income75/76B€62
Recurring financial income75€62
Financial charges65/66B€3,434
Recurring financial charges65€3,434
Profit (loss) for the period before taxes9903€71,984
Income taxes67/77€21,179
Profit (loss) for the period9904€50,805
Profit (loss) for the period to be appropriated9905€50,805
Line2025
Assets
Total assets20/58€78,272
Fixed assets21/28€12,440
Tangible fixed assets22/27€12,440
Plant, machinery and equipment23€1,899
Furniture and vehicles24€10,541
Current assets29/58€65,832
Amounts receivable within one year40/41€15,415
Trade receivables40€15,090
Other amounts receivable41€325
Cash at bank and in hand54/58€49,549
Deferred charges and accrued income490/1€867
Equity and liabilities
Total equity and liabilities10/49€78,272
Equity10/15€51,805
Contributions10/11€1,000
Reserves13€50,805
Distributable reserves133€50,805
Amounts payable17/49€26,467
Amounts payable within one year42/48€26,467
Trade debts44€473
Suppliers440/4€473
Taxes, remuneration and social security45€25,994
Taxes450/3€25,994
Line2025
Profit (loss) for the period9904€50,805
+ Depreciation and write-downs630€2,118
Operating cash flow (approximation)€52,922

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 26-06-2026 2026-00203601

Similar companies · same sector, comparable size

Of the 24,208 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,682. 7,171 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.