Equity
Equity fell by 61% in 3 years.
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Equity fell by 61% in 3 years.
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
The accounts state no turnover.
Short-term debts fell from €7,819 to €7,262.
The 2025 accounts came latest: 48 days after the end of the period.
Lower net result than 86% of companies in advertising and market research. Sector median €16,334 · 2,093 companies.
In July 2024, 3,591 companies had the same profile as CMPA has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 3,591 companies, not a prediction for CMPA. 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.
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.
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These companies have the same main activity as CMPA: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €28,200 and €40,500, founded between 2016 and 2018.
CMPA files the abbreviated format. That format states no turnover. The gross margin fell from €15,194 in 2018 to €7,900 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €50,000. Estimated: probably between €21,000 and €82,000.
Higher than 77% of 2,094 companies in 2025.
Higher than 76% of 2,010 companies in 2025.
Lower than 95% of 2,053 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
27,330 | 52,887 | 60,918 | 63,454 | 61,946 | 39,145 | 35,068 | 22,727 | |
21/28 |
695 | 1,066 | 305 | 305 | 305 | 305 | 93 | 93 | |
22/27 |
390 | 762 | - | - | - | - | - | - | |
24 |
390 | 762 | - | - | - | - | - | - | |
28 |
305 | 305 | 305 | 305 | 305 | 305 | 93 | 93 | |
29/58 |
26,635 | 51,821 | 60,613 | 63,150 | 61,641 | 38,840 | 34,976 | 22,634 | |
40/41 |
13,381 | 13,687 | 11,778 | 7,623 | 16,298 | 10,499 | 14,944 | 14,750 | |
40 |
5,159 | 4,768 | 4,946 | 3,666 | 13,411 | 6,391 | 11,378 | 14,186 | |
41 |
8,222 | 8,919 | 6,831 | 3,957 | 2,887 | 4,109 | 3,566 | 564 | |
54/58 |
13,248 | 38,077 | 48,836 | 55,401 | 43,008 | 28,341 | 20,032 | 7,839 | |
490/1 |
6 | 57 | - | 126 | 2,335 | - | - | 45 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
27,330 | 52,887 | 60,918 | 63,454 | 61,946 | 39,145 | 35,068 | 22,727 | |
10/15 |
20,068 | 45,068 | 46,194 | 52,043 | 44,051 | 30,956 | 24,964 | 15,178 | |
10/11 |
8,060 | 8,060 | 8,060 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | |
11 |
8,060 | 8,060 | 8,060 | 6,200 | 6,200 | 6,200 | - | - | |
1109/19 |
8,060 | 8,060 | 8,060 | 6,200 | 6,200 | 6,200 | - | - | |
13 |
36,865 | 36,865 | 36,865 | 38,725 | 30,733 | 17,638 | 11,646 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | |
133 |
36,865 | 36,865 | 36,865 | 36,865 | 28,873 | 15,778 | 9,786 | - | |
14 |
-24,858 | 143 | 1,268 | 7,118 | 7,118 | 7,118 | 7,118 | 7,118 | |
17/49 |
7,262 | 7,819 | 14,724 | 11,411 | 17,895 | 8,189 | 10,104 | 7,549 | |
42/48 |
7,262 | 7,819 | 14,724 | 11,411 | 12,895 | 8,189 | 9,271 | 5,882 | |
44 |
1,850 | 3,056 | 2,739 | 1,201 | 1,240 | 884 | 172 | 2,158 | |
440/4 |
1,850 | 3,056 | 2,739 | 1,201 | 1,240 | 884 | 172 | 2,158 | |
45 |
5,413 | 4,763 | 11,985 | 10,210 | 11,655 | 7,304 | 9,099 | 3,724 | |
450/3 |
1,101 | 538 | 7,847 | 7,105 | 8,831 | 6,239 | 9,099 | 3,724 | |
454/9 |
4,312 | 4,225 | 4,138 | 3,105 | 2,823 | 1,065 | - | - | |
492/3 |
- | - | - | - | 5,000 | - | 833 | 1,667 | |
| Income statement | |||||||||
9900 |
7,900 | 34,080 | 27,084 | 42,246 | 35,879 | 12,566 | 16,080 | 15,194 | |
62 |
31,723 | 33,414 | 31,577 | 27,581 | 15,471 | 3,702 | - | - | |
630 |
372 | 353 | - | - | - | - | - | 2,135 | |
640/8 |
887 | 3 | 1,000 | 1,144 | 566 | 371 | 484 | 695 | |
9901 |
-25,081 | 310 | -5,494 | 13,521 | 19,842 | 8,493 | 15,596 | 12,364 | |
75/76B |
430 | 438 | 291 | 252 | 153 | 73 | 41 | 24 | |
75 |
430 | 438 | 291 | 252 | 153 | 73 | 41 | 24 | |
65/66B |
190 | 161 | 213 | 166 | 139 | 212 | 173 | 190 | |
65 |
190 | 161 | 213 | 166 | 139 | 212 | 173 | 190 | |
9903 |
-24,841 | 588 | -5,415 | 13,607 | 19,856 | 8,353 | 15,465 | 12,198 | |
67/77 |
159 | 1,714 | 435 | 5,614 | 6,762 | 2,361 | 5,679 | 3,220 | |
9904 |
-25,000 | -1,126 | -5,850 | 7,993 | 13,094 | 5,992 | 9,786 | 8,978 | |
9905 |
-25,000 | -1,126 | -5,850 | 7,993 | 13,094 | 5,992 | 9,786 | 8,978 | |
| Appropriation of the result | |||||||||
9906 |
-24,858 | 143 | 1,268 | 15,111 | 20,212 | 13,110 | 16,904 | 8,978 | |
14P |
143 | 1,268 | 7,118 | 7,118 | 7,118 | - | - | - | |
691/2 |
- | - | - | 7,993 | 13,094 | 5,992 | 9,786 | 1,860 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | 7,993 | 13,094 | 5,992 | 9,786 | - | |
| Social balance sheet | |||||||||
9087 |
2 | 2 | 2 | 2 | 1.1 | 0.1 | - | - | |
Hours worked1013 |
- | 1,458 | 1,386 | 1,434 | 807 | 126 | - | - | |
| Document | |||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-09-2026.
2025 annual accounts filed 48 days after the deadline. Filed on 17 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00515317.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-09-2026 | 2026-00515317 | |
| 31-12-2024 | micro format | 07-08-2025 | 2025-00365321 | |
| 31-12-2023 | micro format | 01-08-2024 | 2024-00319905 | |
| 31-12-2022 | micro format | 07-07-2023 | 2023-00220167 | |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20135323 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-59000585 | |
| 31-12-2019 | micro format | 21-08-2020 | 2020-44500076 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-52400263 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| -24,709 | 664 | - | - | - | - | - | 14,499 | ||
| -24,629 | -772 | - | - | - | - | - | 11,113 | ||
| 0 | 1,115 | - | - | - | 212 | - | 2,227 | ||
| -24,829 | -10,758 | -6,565 | 12,393 | 14,667 | 8,309 | 12,193 | - | ||
| 19,373 | 44,002 | 45,889 | 51,739 | 48,746 | 30,651 | 25,705 | 16,752 | ||
| 73.4% | 85.2% | 75.8% | 82.0% | 71.1% | 79.1% | 71.2% | 66.8% | ||
| 3.67 | 6.63 | 4.12 | 5.53 | 4.78 | 4.74 | 3.77 | 3.85 | ||
| 0.36 | 0.17 | 0.32 | 0.22 | 0.41 | 0.26 | 0.40 | 0.50 | ||
| -124.6% | -2.5% | -12.7% | 15.4% | 29.7% | 19.4% | 39.2% | 59.2% | ||
| -91.5% | -2.1% | -9.6% | 12.6% | 21.1% | 15.3% | 27.9% | 39.5% | ||
| -129.92 | 4.12 | - | - | - | - | - | - |
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 2 | 2 |
| part-time | 2 | 2 | 2 | 2 | 2 |
| in full-time equivalents | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 |
| 0.8 | 0.8 | 0.8 | 0.8 | 0.4 | |
| On a permanent contract | 2 | 2 | 2 | 2 | 2 |
| Joined | - | - | - | - | 1 |
| Left | - | - | - | - | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,115 | - | - | - |
| €372 | €353 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €25,081, after a profit of €310 in 2024. It is the lowest result since 2018.
Debt's share of the balance-sheet total rises from 14.8% to 26.6%. Equity and debt are lower.
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CMPA has no parent and no holdings in its annual accounts. is the only director.
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via , no longer at · Director founded in 2003 |
27 FTE (2025) |
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The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
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Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 23 August 2017, CMPA was incorporated.1 In 2019 the registered office moved to Ixelles.2 is director of the company, appointed by deed of 12-01-2024.3 Total assets went from €22,727 in 2018 to €27,330 in 2025 and headcount from 0.1 full-time equivalents in 2020 to 2 in 2025.4
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| Establishment | Since | Unit number |
|---|---|---|
| Idaliestraat 19 registered office 1050 Ixelles | 23-08-2017 | 2.268.245.723 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21442A0013/00T017 | 1,323 m² | 1 · 497 m² | 25.4 m · 7 |
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