CMNE
ActiveSummary
CMNE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26.97M and a net result of €1k. Equity is growing by ~119.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 218 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability60▼-7
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity short (current ratio 0.66 against 0.74 in 2024; short-term debt: 1% and cash: 0.4% of total assets), and 1.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
98.7%
Return on assets
0%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
8 d early
2023
on the day
2022
3 d early
2021
10 d early
2020
1 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€26.97M=
2024 · €26.97M
2019: €531k
2020: €486k▼ -8.5% vs 2019lowest in 7 years
2021: €498k▲ +2.5% vs 2020
2022: €27.07M▲ +5331% vs 2021highest in 7 years
2023: €26.99M▼ -0.3% vs 2022
2024: €26.97M▼ -0.1% vs 2023
2025: €26.97M● +0.0% vs 2024
2019 → 2025
Total assets
€27.32M▼ 0.8%
2024 · €27.55M
2019: €690k
2020: €668k▼ -3.2% vs 2019
2021: €657k▼ -1.7% vs 2020lowest in 7 years
2022: €27.29M▲ +4057% vs 2021
2023: €27.79M▲ +1.8% vs 2022highest in 7 years
2024: €27.55M▼ -0.9% vs 2023
2025: €27.32M▼ -0.8% vs 2024
2019 → 2025
Net result
€1k
2024 · €-20k
2019: €8k
2020: €-45k▼ -648% vs 2019
2021: €-7k▲ +85.5% vs 2020
2022: €13.01M▲ +198318% vs 2021highest in 7 years
2023: €-82k▼ -101% vs 2022lowest in 7 years
2024: €-20k▲ +76.1% vs 2023
2025: €1k▲ +107% vs 2024
2019 → 2025
Working capital
€-95k▲ 29.3%
2024 · €-135k
2019: €80k
2020: €59k▼ -25.9% vs 2019
2021: €88k▲ +47.6% vs 2020highest in 7 years
2022: €9k▼ -90.2% vs 2021
2023: €-40k▼ -572% vs 2022
2024: €-135k▼ -233% vs 2023lowest in 7 years
2025: €-95k▲ +29.3% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€498k-€27.07M▲ 5,331%€26.99M▼ 0.3%€26.97M▼ 0.1%€26.97M=
2021: €498klowest in 5 years
2022: €27.07M▲ +5331% vs 2021highest in 5 years
2023: €26.99M▼ -0.3% vs 2022
2024: €26.97M▼ -0.1% vs 2023
2025: €26.97M● +0.0% vs 2024
Operating result€4k-€-108k€-75k▲ 30.9%€5k€40k▲ 718%
2021: €4k
2022: €-108k▼ -3161% vs 2021lowest in 5 years
2023: €-75k▲ +30.9% vs 2022
2024: €5k▲ +106% vs 2023
2025: €40k▲ +718% vs 2024highest in 5 years
Net result€-7k-€13.01M€-82k€-20k▲ 76.1%€1k
2021: €-7k
2022: €13.01M▲ +198318% vs 2021highest in 5 years
2023: €-82k▼ -101% vs 2022lowest in 5 years
2024: €-20k▲ +76.1% vs 2023
2025: €1k▲ +107% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 718% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27.32M
Fixed assets
€27.14M ▼ 0.1%
Current assets
€185k ▼ 50.6%
Equity and liabilities €27.32M
Equity
€26.97M =
Provisions
€66k ▼ 9.1%
Debt
€289k ▼ 43.2%
Debt's share of the balance-sheet total falls from 1.8% to 1.1%. Debt is lower.
Key figures and ratios
EBITDA
€77k▲
2024 · €43k
Cash flow
€39k▲
2024 · €19k
Current ratio
0.66▼
2024 · 0.74
Debt to equity
0.01▼
2024 · 0.02
ROE
0.0%▲
2024 · -0.1%
ROA
0.0%▲
2024 · -0.1%
Interest coverage
4.91▼
2024 · 5.81
Debt ≤ 1 year
€280k▼
2024 · €509k
Income taxes
€36k▲
2024 · €29k
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€27.55M€27.32M▼
Fixed assets21/28€27.17M€27.14M▼
Tangible fixed assets22/27€404k€368k▼
Land and buildings22€325k€310k▼
Plant, machinery and equipment23€69k€49k▼
Furniture and vehicles24€9k€8k▼
Financial fixed assets28€26.77M€26.77M=
Current assets29/58€374k€185k▼
Amounts receivable within one year40/41€362k€69k▼
Trade receivables40€86k€69k▼
Other amounts receivable41€276k€0▼
Cash at bank and in hand54/58€5k€110k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€27.55M€27.32M▼
Equity10/15€26.97M€26.97M=
Contributions10/11€12.84M€12.84M=
Reserves13€320k€300k▼
Tax-exempt reserves132€224k€204k▼
Distributable reserves133€96k€96k=
Profit (loss) carried forward14€13.80M€13.83M▲
Provisions and deferred taxes16€72k€66k▼
Deferred taxes168€72k€66k▼
Amounts payable17/49€509k€289k▼
Amounts payable within one year42/48€509k€280k▼
Trade debts44€87k€149k▲
Suppliers440/4€87k€149k▲
Taxes, remuneration and social security45€29k€41k▲
Taxes450/3€29k€41k▲
Other amounts payable47/48€392k€89k▼
Accrued charges and deferred income492/3-€9k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€38k▼
Other operating charges640/8€9k€12k▲
Gross operating margin9900€52k€89k▲
Operating profit (loss)9901€5k€40k▲
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€7k€16k▲
Recurring financial charges65€7k€16k▲
Profit (loss) for the period before taxes9903€3k€30k▲
Transfer from deferred taxes780€7k€7k▼
Income taxes67/77€29k€36k▲
Profit (loss) for the period9904€-20k€1k▲
Transfer from tax-exempt reserves789€20k€20k▼
Profit (loss) for the period to be appropriated9905€211€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13.80M€13.83M▲
Profit (loss) brought forward from the previous period14P€13.80M€13.80M=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42k | €42k | €41k | €39k | €38k | ▼ 2.1% |
| Other operating charges640/8 | - | €10k | €11k | €9k | €12k | ▲ 32.4% |
| Gross operating margin9900 | €56k | €-55k | €-22k | €52k | €89k | ▲ 70.5% |
| Operating profit (loss)9901 | €4k | €-108k | €-75k | €5k | €40k | ▲ 718% |
| Financial income75/76B | - | €13.11M | €5k | €6k | €7k | ▲ 16.6% |
| Recurring financial income75 | €1k | €341 | €5k | €6k | €7k | ▲ 16.6% |
| Non-recurring financial income76B | - | €13.11M | €0 | - | - | - |
| Financial charges65/66B | - | €352 | €4k | €7k | €16k | ▲ 111% |
| Recurring financial charges65 | €1k | €352 | €4k | €7k | €16k | ▲ 111% |
| Profit (loss) for the period before taxes9903 | €4k | €13.00M | €-73k | €3k | €30k | ▲ 898% |
| Transfer from deferred taxes780 | - | €8k | €7k | €7k | €7k | ▼ 1.1% |
| Income taxes67/77 | €18k | €3k | €16k | €29k | €36k | ▲ 21.3% |
| Profit (loss) for the period9904 | €-7k | €13.01M | €-82k | €-20k | €1k | ▲ 107% |
| Transfer from tax-exempt reserves789 | - | €23k | €22k | €20k | €20k | ▼ 1.1% |
| Profit (loss) for the period to be appropriated9905 | €16k | €13.03M | €-60k | €211 | €21k | ▲ 9,868% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €657k | €27.29M | €27.79M | €27.55M | €27.32M | ▼ 0.8% |
| Fixed assets21/28 | €515k | €27.15M | €27.11M | €27.17M | €27.14M | ▼ 0.1% |
| Tangible fixed assets22/27 | €515k | €473k | €432k | €404k | €368k | ▼ 8.8% |
| Land and buildings22 | - | €355k | €340k | €325k | €310k | ▼ 4.6% |
| Plant, machinery and equipment23 | - | €115k | €91k | €69k | €49k | ▼ 28.3% |
| Furniture and vehicles24 | - | €2k | €0 | €9k | €8k | ▼ 10.9% |
| Financial fixed assets28 | - | €26.67M | €26.67M | €26.77M | €26.77M | = |
| Current assets29/58 | €142k | €146k | €682k | €374k | €185k | ▼ 50.6% |
| Amounts receivable within one year40/41 | €61k | €117k | €547k | €362k | €69k | ▼ 80.8% |
| Trade receivables40 | - | €20k | €39k | €86k | €69k | ▼ 18.8% |
| Other amounts receivable41 | - | €96k | €508k | €276k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €80k | €28k | €134k | €5k | €110k | ▲ 2,056% |
| Deferred charges and accrued income490/1 | - | €710 | €1k | €7k | €6k | ▼ 21.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €657k | €27.29M | €27.79M | €27.55M | €27.32M | ▼ 0.8% |
| Equity10/15 | €498k | €27.07M | €26.99M | €26.97M | €26.97M | = |
| Contributions10/11 | - | €12.84M | €12.84M | €12.84M | €12.84M | = |
| Reserves13 | €304k | €362k | €340k | €320k | €300k | ▼ 6.1% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | €266k | €244k | €224k | €204k | ▼ 8.8% |
| Distributable reserves133 | - | €96k | €96k | €96k | €96k | = |
| Profit (loss) carried forward14 | €175k | €13.86M | €13.80M | €13.80M | €13.83M | ▲ 0.2% |
| Provisions and deferred taxes16 | €94k | €86k | €79k | €72k | €66k | ▼ 9.1% |
| Deferred taxes168 | - | €86k | €79k | €72k | €66k | ▼ 9.1% |
| Amounts payable17/49 | €64k | €137k | €722k | €509k | €289k | ▼ 43.2% |
| Amounts payable within one year42/48 | €54k | €137k | €722k | €509k | €280k | ▼ 45.0% |
| Trade debts44 | €7k | €18k | €186k | €87k | €149k | ▲ 70.8% |
| Suppliers440/4 | - | €18k | €186k | €87k | €149k | ▲ 70.8% |
| Taxes, remuneration and social security45 | - | €3k | €17k | €29k | €41k | ▲ 40.0% |
| Taxes450/3 | - | €3k | €17k | €29k | €41k | ▲ 40.0% |
| Other amounts payable47/48 | - | €116k | €520k | €392k | €89k | ▼ 77.2% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | €9k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €13.01M | €-82k | €-20k | €1k | ▲ 107% |
| + Depreciation and write-downs630 | €42k | €42k | €41k | €39k | €38k | ▼ 2.1% |
| Operating cash flow (approximation) | €35k | €13.05M | €-42k | €19k | €39k | ▲ 107% |
| Investment in fixed assets (approximation) | - | €-26.67M | €0 | €-106k | €-2k | ▲ 98.0% |
| Change in cash | - | €-52k | €106k | €-129k | €105k | ▲ 181% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-82k
Net result drops to €-82k, the lowest in the series; recovery starts the following year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €13.01M
Net result €13.01M after 2 loss-making years.
31-03
Financial
Equity above €25MEq €27.07M ▲5,331%
Equity rises from €498k to €27.07M.
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Schilde · 1 establishment unit since 1994
Ground area
3,744 m²
Building footprint
324 m²
Volume, LiDAR
1,805 m³
Parcel 11041C0309/00S000, Flanders · tallest building 15.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CMNE
since 19942.066.064.465
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041C0309/00S000 | Flanders | 3,744 m² | 1 · 324 m² | 15.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 977 companies in sector 38210 we hold annual accounts for 585. 145 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-03-1994
Fiscal year end31-03
Activities, NACEBEL 2025
38210Materials recovery from waste
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.