CPM SOFTWARE
ActiveSummary
The computed 12-month bankruptcy probability of CPM SOFTWARE is 3.4% (moderate). The 2025 annual accounts show negative equity (-€1.8m) and a net result of -€134,385. Equity has been shrinking by about 3.7% per year since 2018. The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-12-2015 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.249.834.034 2900 Schoten, since 08-12-2015
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- Peeters Frank Elisa AlfonsManaging director
- Holdings
- Shares in 2 companies BUSSINESS INTELLIGENCE SOLUTIONS and BUSUBESS INTELLIGENCE GROUP
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.4%
- Gross margin
- -€1,900
- ▲ 82.7%
- Loss
- €134,385
- ▲ 12×
- Equity
- -€1.8m
- ▼ 8.2%
- Total assets
- €962
- ▼ 99.3%
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsNo main activity registeredLoss of €134,385, the second in a row (financial year 2025)lowers riskSize: total assets €962Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro). It does better than 5% of them on solvency, 35% on liquidity, 4% on profitability and 26% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 40 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline 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, 2026-00464385.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 10 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,900, smaller than the loss of €11,211 in 2024.
- 2025 Net result -1,093% on 2024. The accounts now follow the abbreviated format, last year the micro format.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Financial fixed assets | €86,497 | €76,950 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €348 | €348 | €384 | €251 | - | - |
| Gross operating margin9900 | -€23,390 | -€28,144 | -€13,937 | -€4,002 | -€3,750 | -€26,846 | -€10,959 | -€1,900 | ▲ 82.7% |
| Operating profit (loss)9901 | -€23,738 | -€28,491 | -€14,285 | -€4,349 | -€4,098 | -€27,231 | -€11,211 | -€1,900 | ▲ 83.0% |
| Financial income75/76B | - | - | - | €81,843 | €82,673 | - | - | - | - |
| Recurring financial income75 | €43,890 | €61,811 | €78,236 | €81,843 | €82,673 | - | - | - | - |
| Financial charges65/66B | - | - | - | €86,692 | €77,123 | €292 | €53 | €132,484 | ▲ 2,524× |
| Recurring financial charges65 | €234 | €54 | €292 | €195 | €173 | €292 | €53 | €54 | ▲ 2.9% |
| Non-recurring financial charges66B | - | - | - | €86,497 | €76,950 | - | - | €132,430 | - |
| Profit (loss) for the period before taxes9903 | -€352,454 | -€350,486 | -€204,441 | -€9,198 | €1,453 | -€27,523 | -€11,263 | -€134,385 | ▼ 1,093% |
| Profit (loss) for the period9904 | -€352,454 | -€350,486 | -€204,441 | -€9,198 | €1,453 | -€27,523 | -€11,263 | -€134,385 | ▼ 1,093% |
| Profit (loss) for the period to be appropriated9905 | -€352,454 | -€350,486 | -€204,441 | -€9,198 | €1,453 | -€27,523 | -€11,263 | -€134,385 | ▼ 1,093% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.05m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.001m | ▼ 99.3% |
| Fixed assets21/28 | €241 | €241 | €241 | €241 | €241 | €241 | €241 | €0 | ▼ 100% |
| Financial fixed assets28 | €241 | €241 | €241 | €241 | €241 | €241 | €241 | €0 | ▼ 100% |
| Current assets29/58 | €0.05m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.001m | ▼ 99.3% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | - | €1 | - |
| Other amounts receivable291 | - | - | - | - | - | - | - | €1 | - |
| Amounts receivable within one year40/41 | €0.04m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | - | - | €0.1m | €0.1m | - | - |
| Other amounts receivable41 | - | - | - | €0.1m | €0.1m | - | - | €0 | - |
| Cash at bank and in hand54/58 | €0.009m | €0.001m | €0.001m | €0.005m | €0.009m | €0.001m | €0.002m | €0.001m | ▼ 47.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.05m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.001m | ▼ 99.3% |
| Equity10/15 | -€1.0m | -€1.4m | -€1.6m | -€1.6m | -€1.6m | -€1.6m | -€1.6m | -€1.8m | ▼ 8.2% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Profit (loss) carried forward14 | -€1.1m | -€1.4m | -€1.7m | -€1.7m | -€1.7m | -€1.7m | -€1.7m | -€1.8m | ▼ 7.9% |
| Amounts payable17/49 | €1.1m | €1.5m | €1.7m | €1.7m | €1.7m | €1.8m | €1.8m | €1.8m | = |
| Amounts payable after more than one year17 | €1.1m | €1.5m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Financial debts170/4 | - | - | - | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Amounts payable within one year42/48 | €0.002m | €0.002m | €348 | €0.001m | €0.001m | €0.02m | €0.03m | €0.03m | ▲ 3.5% |
| Trade debts44 | €0.002m | €0.002m | €348 | €0.001m | €0.001m | €0.001m | €0.001m | €247 | ▼ 76.7% |
| Suppliers440/4 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €247 | ▼ 76.7% |
| Other amounts payable47/48 | - | - | - | - | - | €0.02m | €0.03m | €0.03m | ▲ 6.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.002m | €0.002m | €0.002m | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€352,454 | -€350,486 | -€204,441 | -€9,198 | €1,453 | -€27,523 | -€11,263 | -€134,385 | ▼ 1,093% |
| Operating cash flow (approximation) | -€352,454 | -€350,486 | -€204,441 | -€9,198 | €1,453 | -€27,523 | -€11,263 | -€134,385 | ▼ 1,093% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €241 | - |
| Change in cash | - | -€7,966 | €327 | €3,572 | €4,186 | -€8,372 | €1,062 | -€859 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,907 companies had the same profile as CPM SOFTWARE has now. Two years later, 85.4% were still going and 5.8% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CPM SOFTWARE itself: 3.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 6,907 companies, not a prediction for CPM SOFTWARE. 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.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00464385 | |
| 31-12-2024 | micro format | 22-09-2025 | 2025-00497468 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00385419 | |
| 31-12-2022 | full format | 29-08-2023 | 2023-00368985 | |
| 31-12-2021 | full format | 28-09-2022 | 2022-20438207 | |
| 31-12-2020 | full format | 17-08-2021 | 2021-50000213 | |
| 31-12-2019 | full format | 06-10-2020 | 2020-59500168 | |
| 31-12-2018 | full format | 21-09-2019 | 2019-65300324 | |
| 31-12-2017 | full format | 31-08-2018 | 2018-59100591 | |
| 31-12-2016 | full format | 31-08-2017 | 2017-58400012 |
Board & ownership
Directors
Board 1
Day-to-day management 1
Owners and capital
Capital transactions
- 15-04-2024 Capital stated in 2 acts · €61,500 · 10,000 shares
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Peeters Frank Elisa Alfons |
|
| Serge Pensaert |
|
Network & group
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2024
- BUSSINESS INTELLIGENCE SOLUTIONSSIsubsidiaryEquity -€4.0mResult -€536,166100%
- BUSUBESS INTELLIGENCE GROUPSIsubsidiaryEquity -€247,720Result -€52,737100%
Companies at the same address
2 other companiesConnections & network
6 connected companiesShow 2 more companies with a shared director
Timeline
Acts, filings and financial milestones
05-01
Gazette deed
Registered office moved from Zaventem to SchotenNew seat: Kievitdreef 8, 2900 Schoten · Previous seat: Leuvensesteenweg 392 bus B, 1932 Zaventem · Power of attorney12 points ▸
- General meeting, 24-11-2025
- Registered-office move, Kievitdreef 8,2900 Schoten
- Power of attorney, PKF Bofidi Accountants & Advisers BV
- Power of attorney, Lindsey Schamp
- Power of attorney, Lisa Kennis
- Power of attorney, Sylvia Vanbeveren
- Power of attorney, Ellen Carlier
- Power of attorney, Suzana Fernandes
- Power of attorney, Kim Forment
- Power of attorney, Tine Talpe
- Power of attorney, Werner Van Hooghten
- Other provision, “gevolmachtigde van BV PKF BOFIDI Accountants & Advisers, ondertekening voor publicatie beslissingen” (deed in Dutch)
03-01
Gazette deed
Resignation: Serge Pensaert (director)Director discharge3 points ▸
- General meeting, 14-10-2024
- Director resignation, Serge Pensaert (director)
- Director discharge, Serge Pensaert
15-04
Gazette deed
Registered office moved within Sint-Stevens-WoluweNew seat: 1932 Sint-Stevens-Woluwe, Leuvensesteenweg 394 · Previous seat: 1932 Sint-Stevens-Woluwe, Leuvensesteenweg 392 bus B · Reappointments: Peeters Frank Elisa Alfons (director) and Pensaert Serge (director)16 points ▸
- General meeting, 21-09-2023
- Amendment of the articles, mentioned 2 times in the deed
- Other provision, “ontvangst ontwerptekst statuten, vooraf exemplaar ontvangen” (deed in Dutch)
- Registered-office move, 1932 Sint-Stevens-Woluwe,Leuvensesteenweg 394
- Other provision, “naam en voorwerp ongewijzigd” (deed in Dutch)
- Capital, €61,500
- Director reappointment, Peeters Frank Elisa Alfons (director)
- Director reappointment, Pensaert Serge (director)
- Director discharge, Peeters Frank Elisa Alfons
- Director discharge, Pensaert Serge
- Other provision, “alle handelingen gesteld voor heden, bekrachtiging eerdere handelingen” (deed in Dutch)
- Board composition, Peeters Frank Elisa Alfons (director)
- The act holds 4 more points.
26-03
Gazette deed
Registered office moved within Sint-Stevens-WoluweNew seat: 1932 Sint-Stevens-Woluwe, Leuvensesteenweg 394 · Previous seat: 1932 Sint-Stevens-Woluwe, Leuvensesteenweg 392 bus B · Resignations: Peeters Frank Elisa Alfons (director) and Pensaert Serge (director)18 points ▸
- General meeting, 21-09-2023
- Amendment of the articles, mentioned 3 times in the deed
- Declaration, “ontvangst ontwerptekst nieuwe statuten, exemplaar nieuwe statutentekst” (deed in Dutch)
- Registered-office move, 1932 Sint-Stevens-Woluwe,Leuvensesteenweg 394
- Other provision, “naam,zetel,voorwerp, 1932 Sint-Stevens-Woluwe,Leuvensesteenweg 394” (deed in Dutch)
- Capital, €61,500
- Director resignation, Peeters Frank Elisa Alfons (director)
- Director resignation, Pensaert Serge (director)
- Director reappointment, Peeters Frank Elisa Alfons (director)
- Director reappointment, Pensaert Serge (director)
- Director discharge, Peeters Frank Elisa Alfons
- Director discharge, Pensaert Serge
- The act holds 6 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Leuvensesteenweg 392 bus B, 1932 Zaventem until 30-11-2025 · act of 05-01-2026
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11040A0098/00H000 | Flanders | 6,231 m² | 1 · 188 m² | 10.1 m · 2 |