Cmiel
ActiveSummary
Cmiel has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72k and a net result of €33k. Equity is growing by ~49.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+6
Solvency82▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 1.7 in 2024; short-term debt: 41.6% and cash: 15.5% of total assets), and 43.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.9%
Return on assets
26.2%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
21 d early
2023
28 d late
2022
24 d late
2021
2 d early
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€72k▲ 64.2%
2024 · €44k
2018: €-37k
2019: €-35k
2020: €-38k
2021: €-32k
2022: €4k
2023: €21k
2024: €44k
2018 → 2025
Total assets
€126k▲ 15.1%
2024 · €109k
2018: €38k
2019: €42k
2020: €40k
2021: €31k
2022: €69k
2023: €82k
2024: €109k
2018 → 2025
Net result
€33k▲ 48.4%
2024 · €22k
2018: €5k
2019: €2k
2020: €-3k
2021: €5k
2022: €36k
2023: €18k
2024: €22k
2018 → 2025
Working capital
€66k▲ 50.8%
2024 · €44k
2018: €-60k
2019: €-55k
2020: €-53k
2021: €-46k
2022: €-6k
2023: €16k
2024: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-32k-€4k€21k▲ 496%€44k▲ 104%€72k▲ 64.2%
Operating result€6k-€49k▲ 749%€23k▼ 52.7%€31k▲ 34.3%€46k▲ 47.4%
Net result€5k-€36k▲ 563%€18k▼ 50.2%€22k▲ 25.0%€33k▲ 48.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126k
Fixed assets
€7k ▲ 198%
Current assets
€119k ▲ 11.0%
Equity and liabilities €126k
Equity
€72k ▲ 64.2%
Debt
€54k ▼ 17.5%
Debt's share of the balance-sheet total falls from 60.1% to 43.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▲
2024 · €35k
Cash flow
€35k▲
2024 · €26k
Current ratio
2.27▲
2024 · 1.70
Debt to equity
0.76▼
2024 · 1.50
ROE
46.1%▼
2024 · 51.0%
ROA
26.2%▲
2024 · 20.4%
Interest coverage
23.49▲
2024 · 12.35
Debt ≤ 1 year
€52k▼
2024 · €63k
Income taxes
€11k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€109k€126k▲
Fixed assets21/28€2k€7k▲
Intangible fixed assets21€583€0▼
Tangible fixed assets22/27€2k€7k▲
Plant, machinery and equipment23-€6k
Furniture and vehicles24€2k€1k▼
Current assets29/58€107k€119k▲
Amounts receivable within one year40/41€92k€99k▲
Trade receivables40€92k€99k▲
Other amounts receivable41-€180
Cash at bank and in hand54/58€14k€19k▲
Deferred charges and accrued income490/1-€416
Equity and liabilities
Total equity and liabilities10/49€109k€126k▲
Equity10/15€44k€72k▲
Contributions10/11€13k€13k=
Reserves13€31k€59k▲
Distributable reserves133€31k€59k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€66k€54k▼
Amounts payable within one year42/48€63k€52k▼
Financial debts43€3k€3k▲
Credit institutions430/8€3k€3k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€9k€9k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€47k€38k▼
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€952€528▼
Non-recurring operating charges66A€942€0▼
Gross operating margin9900€37k€48k▲
Operating profit (loss)9901€31k€46k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€28k€44k▲
Income taxes67/77€6k€11k▲
Profit (loss) for the period9904€22k€33k▲
Profit (loss) for the period to be appropriated9905€22k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€33k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€22k€28k▲
To other reserves6921€22k€28k▲
Profit to be distributed694/7-€5k
Directors or managers695-€5k
The notes to these accounts (9 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Highest result since 2018net €36k ▲563%
Operating result €49k, net result €36k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-3k ▼217%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Torhout · 1 establishment unit since 2015
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.
Oisestraat 68820 TorhoutGround area
592 m²
Building footprint
115 m²
Volume, LiDAR
487 m³
Parcel 31522D0638/00D003, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Screen Solutions
since 20152.239.545.007
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522D0638/00D003 | Flanders | 592 m² | 1 · 115 m² | 7.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 614 EUR awarded · 614 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 614 EUR | 614 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,600 companies in sector 18120 we hold annual accounts for 808. 606 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.