CMSJ INFORMATIQUE
ActiveSummary
CMSJ INFORMATIQUE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512k and a net result of €97k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-5
Solvency95▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.22 against 7.89 in 2024; short-term debt: 29.5% and cash: 49.3% of total assets), and 29.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
70.5%
Return on assets
13.4%
Age of the figures
9 mo
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
38 d early
2023
52 d early
2022
54 d early
2021
52 d early
2020
59 d early
2019
46 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€97k▼ 15.8%
2024 · €115k
2018: €55k
2019: €49k▼ -11.5% vs 2018lowest in 8 years
2020: €94k▲ +90.7% vs 2019
2021: €93k▼ -0.5% vs 2020
2022: €123k▲ +32.4% vs 2021
2023: €137k▲ +11.0% vs 2022highest in 8 years
2024: €115k▼ -15.7% vs 2023
2025: €97k▼ -15.8% vs 2024
2018 → 2025
Working capital
€477k▼ 14.1%
2024 · €555k
2018: €159klowest in 8 years
2019: €208k▲ +31.0% vs 2018
2020: €300k▲ +43.8% vs 2019
2021: €390k▲ +30.2% vs 2020
2022: €423k▲ +8.5% vs 2021
2023: €475k▲ +12.3% vs 2022
2024: €555k▲ +16.8% vs 2023highest in 8 years
2025: €477k▼ -14.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€395k-€453k▲ 14.7%€535k▲ 18.0%€601k▲ 12.4%€512k▼ 14.8%
2021: €395klowest in 5 years
2022: €453k▲ +14.7% vs 2021
2023: €535k▲ +18.0% vs 2022
2024: €601k▲ +12.4% vs 2023highest in 5 years
2025: €512k▼ -14.8% vs 2024
Operating result€130k-€171k▲ 31.4%€200k▲ 17.1%€163k▼ 18.6%€131k▼ 19.5%
2021: €130klowest in 5 years
2022: €171k▲ +31.4% vs 2021
2023: €200k▲ +17.1% vs 2022highest in 5 years
2024: €163k▼ -18.6% vs 2023
2025: €131k▼ -19.5% vs 2024
Net result€93k-€123k▲ 32.4%€137k▲ 11.0%€115k▼ 15.7%€97k▼ 15.8%
2021: €93klowest in 5 years
2022: €123k▲ +32.4% vs 2021
2023: €137k▲ +11.0% vs 2022highest in 5 years
2024: €115k▼ -15.7% vs 2023
2025: €97k▼ -15.8% vs 2024
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €727k
Fixed assets
€35k ▼ 23.2%
Current assets
€691k ▲ 8.8%
Equity and liabilities €727k
Equity
€512k ▼ 14.8%
Debt
€215k ▲ 167%
Debt's share of the balance-sheet total rises from 11.8% to 29.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€145k▼
2024 · €176k
Cash flow
€111k▼
2024 · €129k
Current ratio
3.22▼
2024 · 7.89
Debt to equity
0.42▲
2024 · 0.13
ROE
18.9%▼
2024 · 19.2%
ROA
13.4%▼
2024 · 16.9%
Interest coverage
1101.48▼
2024 · 1845.99
Debt ≤ 1 year
€215k▲
2024 · €81k
Income taxes
€41k▼
2024 · €49k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€682k€727k▲
Fixed assets21/28€46k€35k▼
Tangible fixed assets22/27€46k€35k▼
Furniture and vehicles24€46k€35k▼
Current assets29/58€636k€691k▲
Amounts receivable within one year40/41€31k€70k▲
Trade receivables40€24k€55k▲
Other amounts receivable41€8k€15k▲
Current investments50/53€160k€260k▲
Cash at bank and in hand54/58€441k€359k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€682k€727k▲
Equity10/15€601k€512k▼
Contributions10/11€8k€8k=
Reserves13€527k€438k▼
Distributable reserves133€527k€438k▼
Profit (loss) carried forward14€66k€66k▲
Amounts payable17/49€81k€215k▲
Amounts payable within one year42/48€81k€215k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€31k€34k▲
Taxes450/3€28k€34k▲
Remuneration and social security454/9€4k-
Other amounts payable47/48€47k€176k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€177k€146k▼
Operating profit (loss)9901€163k€131k▼
Financial income75/76B€2k€7k▲
Recurring financial income75€2k€7k▲
Financial charges65/66B€96€132▲
Recurring financial charges65€96€132▲
Profit (loss) for the period before taxes9903€165k€138k▼
Income taxes67/77€49k€41k▼
Profit (loss) for the period9904€115k€97k▼
Profit (loss) for the period to be appropriated9905€115k€97k▼
Appropriation of the result
Profit (loss) to be appropriated9906€181k€163k▼
Profit (loss) brought forward from the previous period14P€66k€66k▲
Transfer from equity791/2€49k€186k▲
Transfer to equity691/2€115k€97k▼
To other reserves6921€115k€97k▼
Profit to be distributed694/7€49k€186k▲
Return on contributions (dividend)694€49k€186k▲
The notes to these accounts (7 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €36k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €5k | €8k | €13k | €14k | ▲ 1.7% |
| Other operating charges640/8 | €687 | €995 | €1k | €1k | €1k | ▲ 4.3% |
| Gross operating margin9900 | €132k | €177k | €210k | €177k | €146k | ▼ 17.7% |
| Operating profit (loss)9901 | €130k | €171k | €200k | €163k | €131k | ▼ 19.5% |
| Financial income75/76B | - | €0 | €6k | €2k | €7k | ▲ 295% |
| Recurring financial income75 | - | €0 | €6k | €2k | €7k | ▲ 295% |
| Non-recurring financial income76B | - | - | €6k | - | - | - |
| Financial charges65/66B | €94 | €88 | €13k | €96 | €132 | ▲ 37.7% |
| Recurring financial charges65 | €94 | €88 | €96 | €96 | €132 | ▲ 37.7% |
| Non-recurring financial charges66B | - | - | €13k | - | - | - |
| Profit (loss) for the period before taxes9903 | €130k | €171k | €193k | €165k | €138k | ▼ 16.0% |
| Income taxes67/77 | €37k | €48k | €56k | €49k | €41k | ▼ 16.7% |
| Profit (loss) for the period9904 | €93k | €123k | €137k | €115k | €97k | ▼ 15.8% |
| Profit (loss) for the period to be appropriated9905 | €93k | €123k | €137k | €115k | €97k | ▼ 15.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €420k | €543k | €618k | €682k | €727k | ▲ 6.6% |
| Fixed assets21/28 | €5k | €30k | €60k | €46k | €35k | ▼ 23.2% |
| Tangible fixed assets22/27 | €5k | €30k | €60k | €46k | €35k | ▼ 23.2% |
| Furniture and vehicles24 | €5k | €30k | €60k | €46k | €35k | ▼ 23.2% |
| Current assets29/58 | €415k | €514k | €559k | €636k | €691k | ▲ 8.8% |
| Amounts receivable within one year40/41 | €29k | €31k | €36k | €31k | €70k | ▲ 121% |
| Trade receivables40 | €27k | €24k | €31k | €24k | €55k | ▲ 129% |
| Other amounts receivable41 | €2k | €6k | €5k | €8k | €15k | ▲ 96.9% |
| Current investments50/53 | - | - | - | €160k | €260k | ▲ 62.5% |
| Cash at bank and in hand54/58 | €384k | €480k | €520k | €441k | €359k | ▼ 18.7% |
| Deferred charges and accrued income490/1 | €2k | €2k | €3k | €3k | €3k | ▲ 7.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €420k | €543k | €618k | €682k | €727k | ▲ 6.6% |
| Equity10/15 | €395k | €453k | €535k | €601k | €512k | ▼ 14.8% |
| Contributions10/11 | €6k | €8k | €8k | €8k | €8k | = |
| Capital10 | €6k | - | - | - | - | - |
| Issued capital100 | €19k | - | - | - | - | - |
| Uncalled capital101 | €12k | - | - | - | - | - |
| Reserves13 | €292k | €380k | €461k | €527k | €438k | ▼ 16.9% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Legal reserve130 | €2k | - | - | - | - | - |
| Distributable reserves133 | €290k | €380k | €461k | €527k | €438k | ▼ 16.9% |
| Profit (loss) carried forward14 | €97k | €65k | €66k | €66k | €66k | ▲ 0.1% |
| Amounts payable17/49 | €25k | €90k | €83k | €81k | €215k | ▲ 167% |
| Amounts payable within one year42/48 | €25k | €90k | €83k | €81k | €215k | ▲ 167% |
| Trade debts44 | €2k | €2k | €4k | €3k | €5k | ▲ 88.2% |
| Suppliers440/4 | €2k | €2k | €4k | €3k | €5k | ▲ 88.2% |
| Taxes, remuneration and social security45 | €24k | €43k | €28k | €31k | €34k | ▲ 8.6% |
| Taxes450/3 | €24k | €43k | €28k | €28k | €34k | ▲ 22.9% |
| Remuneration and social security454/9 | - | - | - | €4k | - | - |
| Other amounts payable47/48 | - | €46k | €52k | €47k | €176k | ▲ 277% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €93k | €123k | €137k | €115k | €97k | ▼ 15.8% |
| + Depreciation and write-downs630 | €2k | €5k | €8k | €13k | €14k | ▲ 1.7% |
| Operating cash flow (approximation) | €95k | €128k | €145k | €129k | €111k | ▼ 13.9% |
| Investment in fixed assets (approximation) | - | €-30k | €-38k | €0 | €-3k | - |
| Change in cash | - | €96k | €39k | €-79k | €-82k | ▼ 5.0% |
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
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €137k ▲11%
Operating result €200k, net result €137k, both a record.
31-12
Financial
Equity above €500kEq €535k ▲18%
6 profitable years in a row build equity to €535k.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €49k ▼11.5%
Net result drops to €49k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €208k ▲30.8%
2 profitable years in a row build equity to €208k.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Namur · 1 establishment unit since 2012
Ground area
761 m²
Building footprint
108 m²
Volume, LiDAR
937 m³
Parcel 92021F0083/00E002, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CMSJ INFORMATIQUE
since 20122.208.666.046
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92021F0083/00E002 | Wallonia | 761 m² | 1 · 108 m² | 11.1 m · 3 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 29,993 companies in sector 62200 we hold annual accounts for 18,396. 11,861 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
Founded12-04-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
Scores and ratios are computed by Checked and are not a credit decision.