Equity
€863,659 ▼ 0.7%
CPI TECHNOLOGIES paid out €313,000 in dividends. That is 102% of the 2025 profit.
CPI TECHNOLOGIES
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €1.4m (2025)
€1.4m▲ 11.2%
lowest -€1,353 (2006)
€307,170▲ 64.0%
peak €1.0m (2023)
€863,659▼ 0.7%
€991,530▼ 23.2%
peak 13.2 FTE (2020)
11.8 FTEunchanged
Board3 names since 2013
3 directorsGRIGNARD Jean-Jacques Elisabeth François and 2 others
Owners
Documentsfilings and deeds
29-06-202632 days before the deadline
2025financial year
Result from €187,338 to €307,170Dividend €313,000Debts from €1.3m to €991,530
Key points
from the 2025 annual accountsResult
€307,170 ▲ 64.0%
The result rose in 2025 from €187,338 to €307,170.
Turnover
≈ €2.7m estimated
The accounts state no turnover.
Staff
13 employees on 31-12-2025
In 2025, 1 person joined and 3 left.
Filings
22 annual accounts since 2004
Four of the last ten came late. The 2020 accounts came latest: 72 days after the end of the period.
Board
1 left
A director left. Latest change 12-05-2026 · 2 in office.
Checked score
95
Excellent
Financially stronger than 61% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 1.95, cash €518,151
Sector: Activities of head offices; management consultancy activities (NACE 70)
Profit of €307,170 (financial year 2025)
Equity €863,659 (45.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 70, small). It does better than 44% of them on solvency, 86% on liquidity, 89% on profitability and 28% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as CPI TECHNOLOGIES has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of CPI TECHNOLOGIES itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 20,137 companies, not a prediction for CPI TECHNOLOGIES. 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.
Credit verdict
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.95 (1.79 in 2024), above the usual 1.5. Short-term debt is 40.2% and cash 27.2% of total assets. However, 54.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
31 days early
2023
26 days late
2022
19 days late
2021
30 days late
2020
72 days late
2019
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 August (4 of the last 5 accounts filed within 50 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: Meler-Fite Joan (director)
General meeting of 13-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0480162965
Reappointment: Grignard Jean-Jacques (director)
General meeting of 12-06-2023 · Gazette deed
1 director appointed, 3 reappointments
Reappointments: MELER-FITE Joan Carles, GRIGNARD Jean-Jacques Elisabeth François and GRFR · Permanent representative: GRIGNARD François Xavier Patrick · Appointment: GRFR (managing director) · General meeting of 07-11-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CPI TECHNOLOGIES Thimister-Clermont | - | - | 45.3% | 11.8 |
| TRANSPORT & LOGISTICS COMPETENCE CENTRE Wevelgem | - | - | 32.6% | 10.7 |
| WILLEM - DERUYTTERE Kortemark | - | - | 63.8% | 10.8 |
| Shiftz Kontich | €5.5m | 4.4% | 32.8% | 12.9 |
| Sonhouse Brussels Koekelberg | - | - | 44.0% | 12 |
| CAPindus Wanze | - | - | 40.9% | 13.9 |
| Créa-Job Waremme | €0.09m | 43.0% | 37.3% | 20 |
These companies have the same main activity as CPI TECHNOLOGIES: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.4m and €1.9m, founded between 1998 and 2007.
Official details
Source: KBO- Status
- Active since 07-05-2003Normal situation
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.131.971.1164890 Thimister-Clermont, since 30-05-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 11-04-2025
Annual accounts 2025
- €1.9m▼ 15.5%
- Employeeson 31-12-2025
- 13▼ 13.3%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on CPI TECHNOLOGIES
CPI TECHNOLOGIES has existed since 2003. In 2013 the gross margin rose from €29,481 to €558,109.
The gross margin has grown every year since 2020. Solvency rose in 2025 from 38.6% to 45.3% because of lower debts.
GRFR holds 90% of the shares. In November 2023, the Official Gazette published the appointment of GRFR as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CPI TECHNOLOGIES
- What is the company number of CPI TECHNOLOGIES?
- The company number of CPI TECHNOLOGIES is 0480.162.965. The VAT number is the same number with BE in front: BE 0480.162.965.
- Where is CPI TECHNOLOGIES based?
- The registered office is at Rue de l'Avenir 16, 4890 Thimister-Clermont.Company details
- What does CPI TECHNOLOGIES do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of CPI TECHNOLOGIES?
- CPI TECHNOLOGIES is a public limited company (NV).
- When was CPI TECHNOLOGIES founded?
- CPI TECHNOLOGIES was founded on 07-05-2003.
- Is CPI TECHNOLOGIES still active?
- Yes, CPI TECHNOLOGIES is an active enterprise in the KBO register.
- How many employees does CPI TECHNOLOGIES have?
- CPI TECHNOLOGIES had an average of 11.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CPI TECHNOLOGIES fall under?
- In its 2025 annual accounts, CPI TECHNOLOGIES states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of CPI TECHNOLOGIES?
- The turnover in financial year 2025 is ≈ €2.7m. This figure is estimated from the gross margin of €1.4m and 36 comparable companies (NACE 70200). It probably lies between €1.9m and €3.4m.
- Is CPI TECHNOLOGIES profitable?
- In financial year 2025, CPI TECHNOLOGIES made a profit of €307,170.
- Where can I find the annual accounts of CPI TECHNOLOGIES?
- CPI TECHNOLOGIES filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CPI TECHNOLOGIES due?
- CPI TECHNOLOGIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
See how customers, suppliers and banks see your own company and what to improve first.