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CSL

Active
Public limited companyfounded 1994active for 31 yearsWijerdriesstraat 9, 3600 Genk, BelgiumKBO/BCE: BE 0453.849.340
Summary

CSL has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €448,422 and a net result of €19,490. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 50% of 15,483 sector peers (NACE 46, financial year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190
1 site
Size
€1.1mtotal assets 2024
Equity
€448,422
Profit
€19,490
Turnover not published (micro format)
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Accounts 75 days overdue0 of 5 deeds read
Why 55raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 02-09-2025)Liquidity: current ratio 0.16, cash €5,862lowers riskSize: total assets €1.1mFounded in 1994Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 50% of its sector peers (NACE 46, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 65+3
equity 39.5% of total assets
Liquidity 51+1
short-term debt 8.8% · cash 0.5%
Profitability 58-12
return on assets 1.7%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,874 companies, NACE 46, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.7%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 1.3%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -1.0 percentage point vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.3 percentage points vs 09-2026
Credit of up to €24,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.16, compared with 0.13 in 2023, below 1; short-term debt: 8.8% and cash: 0.5% of total assets), and 60.5% of the assets are financed with debt and provisions.
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 46, micro): better than 48% on solvency, 54% on liquidity, 43% on profitability and 54% on growth.

The bankruptcy probability was computed on 13-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 02-09-2025)
NBB · annual accounts
lowers risk · Size: total assets €1.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.16, cash €5,862
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
31 days late
2023
56 days late
2022
92 days late
2021
94 days late
2020
121 days late
2019
151 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 91 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Weakest financial yearnet €8,501 ▼93.9%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Positive: Among the best 9% on equitysector median €56,321 · 15,519 companies €448,422 View
  • Positive: 7 profitable years in a rowprofit 2024: €19,490 7 years View

By topic

Financials

Financial year
2024
Total assets
€1.1m
Profit
€19,490
Solvency
39.5%
Total assets▼ 1.4%
Net result
20182024
Go to Financials

Timeline

Events
34
Since
1996
  1. 31-10-2023Annual accounts filed
  2. 31-12-2022Highest result from 2018 to 2024
  3. 31-12-2022Liquidity more than doubled
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
21-11-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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