CMTech
ActiveSummary
The computed 12-month bankruptcy probability of CMTech is 3.7% (moderate). The 2025 annual accounts show negative equity (-€1,159) and a net result of -€3,256. Its solvency ranks better than 10% of 9,309 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€1,159
- Loss
- -€3,256
- Alain MahiatDirector
- MAHIAT Charles Marie Ghislain ChristianDirector
Why 47raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2024Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 0.73, cash €6,427Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 10% on solvency, 33% on liquidity, 13% on profitability and 3% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 30 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointments: MAHIAT Charles Marie Ghislain…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00470707.
2024 to 2025, 2 financial years
The operating result stays negative: a loss of €3,061 in 2025 against €7,904 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.7% over twelve months; the group does not contradict it.
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%.
| 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 7,639 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,238 | €3,125 | ▲ 152% |
| Other operating charges640/8 | €614 | €617 | ▲ 0.6% |
| Gross operating margin9900 | -€6,052 | €682 | - |
| Operating profit (loss)9901 | -€7,904 | -€3,061 | ▲ 61.3% |
| Financial income75/76B | €1 | €0 | ▼ 24.5% |
| Recurring financial income75 | €1 | €0 | ▼ 24.5% |
| Financial charges65/66B | - | €55 | - |
| Recurring financial charges65 | - | €55 | - |
| Profit (loss) for the period before taxes9903 | -€7,903 | -€3,115 | ▲ 60.6% |
| Income taxes67/77 | - | €141 | - |
| Profit (loss) for the period9904 | -€7,903 | -€3,256 | ▲ 58.8% |
| Profit (loss) for the period to be appropriated9905 | -€7,903 | -€3,256 | ▲ 58.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €12,256 | €21,395 | ▲ 74.6% |
| Fixed assets21/28 | €8,138 | €5,013 | ▼ 38.4% |
| Tangible fixed assets22/27 | €8,138 | €5,013 | ▼ 38.4% |
| Furniture and vehicles24 | €8,138 | €5,013 | ▼ 38.4% |
| Current assets29/58 | €4,118 | €16,383 | ▲ 298% |
| Amounts receivable within one year40/41 | €1,813 | €8,951 | ▲ 394% |
| Trade receivables40 | €494 | €8,765 | ▲ 18× |
| Other amounts receivable41 | €1,319 | €186 | ▼ 85.9% |
| Cash at bank and in hand54/58 | €1,260 | €6,427 | ▲ 410% |
| Deferred charges and accrued income490/1 | €1,045 | €1,005 | ▼ 3.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €12,256 | €21,395 | ▲ 74.6% |
| Equity10/15 | €2,097 | -€1,159 | - |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€7,903 | -€11,159 | ▼ 41.2% |
| Amounts payable17/49 | €10,159 | €22,555 | ▲ 122% |
| Amounts payable within one year42/48 | €10,159 | €22,555 | ▲ 122% |
| Trade debts44 | €1,361 | €11,036 | ▲ 711% |
| Suppliers440/4 | €1,361 | €11,036 | ▲ 711% |
| Advances received on contracts in progress46 | - | €2,500 | - |
| Taxes, remuneration and social security45 | - | €141 | - |
| Taxes450/3 | - | €141 | - |
| Other amounts payable47/48 | €8,798 | €8,878 | ▲ 0.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€7,903 | -€3,256 | ▲ 58.8% |
| + Depreciation and write-downs630 | €1,238 | €3,125 | ▲ 152% |
| Operating cash flow (approximation) | -€6,665 | -€131 | ▲ 98.0% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €5,167 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00470707 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00430288 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Alain Mahiat |
|
| MAHIAT Charles Marie Ghislain Christian |
|
Owners and capital
Capital and shareholders
- MAHIAT Charles Marie Ghislain Christian 100 shares (100%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 03-07-2024 Incorporation · €10,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-07
Gazette deed
IncorporationAppointments: MAHIAT Charles Marie Ghislain Christian (statutory director) and Alain Mahiat (administrateur statutaire suppléant) · Founder · Founding capital8 facts ▸
- Incorporation, “CMTech” (deed in French)
- Founder, MAHIAT Charles Marie Ghislain Christian
- Founding capital, €10,000
- Declaration, “respect des conditions légales” (deed in French)
- Share issue, “En rémunération des apports”, 100 (deed in French)
- Director appointment, MAHIAT Charles Marie Ghislain Christian (statutory director)
- Director appointment, Alain Mahiat (administrateur statutaire suppléant)
- Registered office clause, “1301Wavre(Bierges),RueProvinciale197, 1.Adressedusiège” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1010.963.296
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25006C0323/00F000 | Wallonia | 359 m² | 1 · 79 m² | 14.0 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Exploitation, incluant la conception, la vente et l'installation de solutions informatiques (logiciels et matériels) et solutions de CVC…” (deed in French)
15 activities (deed in French)
- Exploitation, incluant la conception, la vente et l'installation de solutions informatiques (logiciels et matériels) et solutions de CVC (Chauffage Ventilation Climatisation ; conception, dimensionnement, certification & matériels) pour les entreprises publiques et privées, y compris les services de conseil pour les entreprises informatiques et du CVC, le développement, l'installation, le support et la maintenance de systèmes informatiques et de CVC, la vente de matériel et des programmes concernés, ainsi que toutes les opérations qui y sont liées, directement ou indirectement
- Exécution de la déclaration PEB lors du dépôt d'un permis de construire pour un bien immobilier auprès des autorités d'urbanisme régionales compétentes (comme certificateur PEB) où lors de la vente d’un bien immobilier
- Réalisation d'audits énergétiques pour l'immobilier ou l'industrie dans le cadre de l'autorisation environnementale ou autorisation de gros consommateurs en Belgique (comme auditeur énergétique)
- La réalisation d'une expertise technique dans le domaine de CVC, et de toutes sortes, spécifiques ou non aux techniques du bâtiment. Cela comprend la réalisation d'une inspection/surveillance d’un site et la rédaction de rapports techniques spécifiques dans le domaine du CVC
- Rédaction de plans techniques de CVC
- Toutes les opérations et activités possibles liées au développement, à la recherche, à la production, fonctionnement, achat, vente, importation, exportation, transport, location, représentation, promotion, l'installation, la fabrication, la transformation, le transport et le commerce sous toutes ses formes, de toutes les marchandises et produits et la fourniture de services, en particulier pour la fourniture de solutions globales dans le secteur de l'informatique, de l'électronique, des équipements électroniques et, en particulier, ordinateurs et équipements de télécommunications, tant au niveau du matériel que du logiciel, toutefois, comme pour tous les produits connexes et tous les instruments, matériaux, accessoires et appareils liés à ce commerce
- Le développement et la commercialisation des technologies de l'information, des applications et programmes de mise en œuvre, manuels, et kits de maintenance pour les produits
- Achat, vente, location de tous les appareils électroniques, électriques et matériel informatique et, en général, tout matériel susceptible d'être directement ou indirectement utile au but de la société, par n'importe quel moyen, comme l'Internet, le commerce etc
- Achat et vente de logiciels et de solutions totales
- Dispenser des formations, des études et d'autres conseils à toute personne dans le domaine de l'informatique au sens le plus large du mot, comme la téléphonie, la sécurité, les serveurs, etc. ainsi que celles liées au domaine de CVC
- Achat, vente, location de tous de tous outils, machines, matériel liés au CVC et à la construction au sens large du terme
- Gestion d'un patrimoine mobilier et immobilier propre. La construction, l'aménagement et la gestion judicieuse de biens immobiliers
- Toute opération portant sur des biens immobiliers et des droits commerciaux immobiliers tels que le financement locatif de biens immobiliers à des tiers, l'achat, la vente, l'échange, la construction, la transformation, l'entretien, la location, le lotissement, la prospection et l'exploitation de biens immobiliers
- L'achat et la vente, la location et mise en location de biens meubles, ainsi que toutes les opérations directement ou indirectement liées à cet objectif et qui sont de nature à produire et/ou promouvoir les biens mobiliers et immobiliers, ainsi que d'assurer le bon déroulement des engagements pris par des tiers qui auraient bénéficié de ces biens mobiliers et immobiliers
- La constitution, le développement judicieux et la gestion d'un patrimoine mobilier, toutes les opérations portant sur des biens meubles et des droits, de quelque nature que ce soit, telles que acquisition par souscription ou achat et gestion d'actions, d'obligations, de bons de caisse ou d'autres valeurs mobilières, sous quelque forme que ce soit, belges ou étrangères, existantes ou à venir ciblant les personnes morales et les entreprises
- Name clauseThe name the company operates under according to its articles.
- CMTech
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)“§2 représentant permanent, au nom et pour le compte de cette personne morale” (deed in French)“§3 vacance, vacance par décès, démission ou autre cause et organe collégial” (deed in French)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “L’organe d’administration peut révoquer en tout temps les personnes mentionnées aux alinéas qui précèdent. Il fixe les attributions, les…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- 2 provisions in the deed