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CS-PLANT

Active
Private limited companyfounded 201213 yrs activeKievitstraat 16, 8790 Waregem, BelgiumKBO/BCE: BE 0500.863.755

CS-PLANT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €513k and a net result of €103k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 48 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2026
66 / 100
Healthy▲ +8 vs 2025
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100▲+37
Solvency25▼-6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.34 in 2025), and 80.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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 2026
Solvency, return and age of the figures
Solvency
19.8%
Return on assets
4%
Age of the figures
2 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 09-09-2026, 144 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
144 d early
2025
40 d early
2024
150 d early
2023
121 d early
2022
127 d early
2021
on the day
2020
3 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today.
Companies Code · seven months
Position in the running window
13-09-2026 today30-06-2027 close31-01-2028 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2026, abbreviated schema

Equity
€513k▲ 7.0%
2025 · €479k
2019: €234k 2020: €76k 2021: €213k 2022: €311k 2023: €346k 2024: €419k 2025: €479k
2019 → 2026
Total assets
€2.59M▲ 3.1%
2025 · €2.52M
2019: €1.43M 2020: €1.37M 2021: €1.71M 2022: €1.58M 2023: €1.80M 2024: €2.36M 2025: €2.52M
2019 → 2026
Net result
€103k▲ 69.3%
2025 · €61k
2019: €-8k 2020: €-157k 2021: €137k 2022: €97k 2023: €35k 2024: €73k 2025: €61k
2019 → 2026
Working capital
€10k▼ 95.5%
2025 · €223k
2019: €-13k 2020: €-159k 2021: €273k 2022: €175k 2023: €71k 2024: €169k 2025: €223k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20222023202420252026Trend
Equity€311k-€346k▲ 11.3%€419k▲ 21.0%€479k▲ 14.5%€513k▲ 7.0%
Operating result€171k-€96k▼ 43.9%€148k▲ 54.4%€179k▲ 20.8%€244k▲ 36.4%
Net result€97k-€35k▼ 64.0%€73k▲ 107%€61k▼ 16.6%€103k▲ 69.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2022: €171k€171kNet result 2022: €97k€97kOperating result 2023: €96k€96kNet result 2023: €35k€35kOperating result 2024: €148k€148kNet result 2024: €73k€73kOperating result 2025: €179k€179kNet result 2025: €61k€61kOperating result 2026: €244k€244kNet result 2026: €103k€103k20222023202420252026
After the dip in 2023 the operating result has climbed three years in a row; 2026 is 36% above 2025 and is the highest year so far.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €2.59M
Fixed assets €1.61M▼ 2.0%
Current assets €983k▲ 12.7%
Equity and liabilities €2.59M
Equity €513k▲ 7.0%
Debt €2.08M▲ 2.2%
The debt ratio falls from 81.0% to 80.2%: equity grows faster than debt.
Key figures and ratios
2026 value · change against 2025
EBITDA
€372k
2025 · €301k
Cash flow
€231k
2025 · €182k
Solvency
19.8%
2025 · 19.0%
Current ratio
1.01
2025 · 1.34
Quick ratio
0.24
2025 · 0.29
Debt / equity
4.06
2025 · 4.25
ROE
20.0%
2025 · 12.7%
ROA
4.0%
2025 · 2.4%
Interest coverage
3.65
2025 · 3.25
Debt
€2.08M
2025 · €2.04M
Debt ≤ 1 year
€973k
2025 · €649k
Debt > 1 year
€1.11M
2025 · €1.39M
Income taxes
€40k
2025 · €26k
Staff costs
€234k
2025 · €240k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2026 against 2025
Balance sheet Code20252026
Assets
Total assets20/58€2.52M€2.59M
Fixed assets21/28€1.64M€1.61M
Tangible fixed assets22/27€1.64M€1.61M
Land and buildings22€1.43M€1.36M
Plant, machinery and equipment23€211k€243k
Furniture and vehicles24€4k€3k
Current assets29/58€872k€983k
Stocks and contracts in progress3€682k€747k
Stocks30/36€682k€747k
Amounts receivable within one year40/41€64k€44k
Trade receivables40€42k€21k
Other amounts receivable41€22k€22k
Cash at bank and in hand54/58€121k€190k
Deferred charges and accrued income490/1€5k€2k
Equity and liabilities
Total equity and liabilities10/49€2.52M€2.59M
Equity10/15€479k€513k
Contributions10/11€160k€160k=
Reserves13€320k€353k
Distributable reserves133€320k€353k
Profit (loss) carried forward14-€0
Amounts payable17/49€2.04M€2.08M
Amounts payable after more than one year17€1.39M€1.11M
Financial debts170/4€1.20M€1.06M
Other amounts payable178/9€187k€50k
Amounts payable within one year42/48€649k€973k
Current portion of amounts payable after more than one year42€142k€172k
Financial debts43€225k€323k
Credit institutions430/8€225k€323k
Trade debts44€262k€285k
Suppliers440/4€262k€285k
Taxes, remuneration and social security45€18k€42k
Taxes450/3€1k€18k
Remuneration and social security454/9€17k€24k
Other amounts payable47/48€1k€152k
Accrued charges and deferred income492/3€833€0
Income statement Code20252026
Remuneration, social security and pensions62€240k€234k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€121k€128k
Other operating charges640/8€4k€4k
Non-recurring operating charges66A€2k€0
Gross operating margin9900€548k€611k
Operating profit (loss)9901€179k€244k
Financial income75/76B€368€0
Recurring financial income75€368€0
Financial charges65/66B€92k€102k
Recurring financial charges65€92k€102k
Profit (loss) for the period before taxes9903€87k€142k
Income taxes67/77€26k€40k
Profit (loss) for the period9904€61k€103k
Profit (loss) for the period to be appropriated9905€61k€103k
Appropriation of the result
Profit (loss) to be appropriated9906€61k€103k
Transfer from equity791/2-€69k
Transfer to equity691/2€61k€103k
To other reserves6921€61k€103k
Profit to be distributed694/7-€69k
Return on contributions (dividend)694-€69k
Social balance
Average headcount (FTE)90875.54.7

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-01-2028
2026
09-09
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
30-06
Financial Equity above €500kEq €513k ▲7%
6 profitable years in a row build equity to €513k.
2025
22-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
03-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
02-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
26-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
31-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial Back to profitnet €137k
Net result €137k after 2 loss-making years.
30-06
Financial Liquidity doublescurrent ratio 1.56
Current ratio from 0.74 to 1.56; short-term debt falls from €621k to €490k.
30-06
Financial Equity above €200kEq €213k ▲179%
Equity rises from €76k to €213k.
28-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial Weakest financial yearnet €-157k
Net result drops to €-157k, the lowest in the series; recovery starts the following year.
2019
04-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
08-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2023
Koen Scherpereel
Director · since 06-04-2023
Current
06-04-2023 Appointed as Director
06-04-2023 Resigned as Manager
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2012
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kievitstraat 168790 Waregem
Ground area
4,497 m²
Building footprint
568 m²
Volume, LiDAR
2,630 m³
Parcel 34452A0318/00H000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kievitstraat 16, 8790 Waregem
Crop and animal production, hunting and related service activities
since 20122.214.487.432
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34452A0318/00H000 Flanders 4,497 m² 1 · 568 m² 6.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 5,958 EUR awarded · 5,958 EUR paid
Year Entries awardedpaid
2025 1 5,958 EUR5,958 EUR
Schemes
Investeringssteun voor land- en tuinbouwers
1 entry · 5,958 EUR · 5,958 EUR paid · Vlaams Landbouwinvesteringsfonds

Recognitions · licences · registrations

Food safety, FASFC

1 site
Waregem2.214.487.432
1 permission
Erkenning · Teler van plantgoed of vermeerderingsmateriaal van sierplanten of bomen met plantenpaspoort · since 01-01-2013

Similar companies · same sector, comparable size

Of 525 companies in sector 01250 we hold annual accounts for 117. 91 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-11-2012
Fiscal year end30-06
Activities, NACEBEL
01250Crop and animal production, hunting and related service activities
01301Crop and animal production, hunting and related service activities
01191Growing of flowers
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.