Financials
- Financial year
- 2025
- Turnover
- €607,857
- Loss
- -€117,622
- Solvency
- 87.2%
Turnover▼ 57.6%
Net result
20222025
Summary
CXM Holding is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €44.7m and a net result of -€117,622. Equity is growing by about 4.2% per year across the filed financial years. Its solvency ranks better than 75% of 2,997 sector peers (NACE 64, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210
6th largest company by equity in Sint-Joost-ten-Node, Finance and insurance sector1 site
Size
€607,857turnover 2025
- Equity
- €44.7m
- Loss
- -€117,622
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
- Parent
- Visma Belgium Holding · 100%
- Holdings
- 5
- Mikael WestööDirector
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 11 days early
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
1 signal.
neutral
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 20-07-2026, 11 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
11 days early
2024
23 days early
2023
26 days early
2022
38 days late
2021
79 days late
2020
19 days early
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% 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 20 July (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Resignations: AJISAI BV, Thibaud De Keyzer…Appointment: Mikael Westöö (sole director)…
- Resignation: Forvis Mazars Bedrijfsrevisoren bv (statutory…Permanent representatives: Jurgen Ostyn and…
Key points
- Positive: Result rose in 2025from -€1.7m to -€117,622 ▲ 93.0% View
- Caution: Board changedlatest change 24-03-2026 · 1 in office 1 joined · 2 left View
- Caution: Among the weakest 16% on net resultsector median €106,989 · 2,999 companies -€117,622 View
- Controlled by Visma Belgium Holdingultimately: VISMA AS 100% View
- Caution: 2 loss-making years in a rowloss financial year 2025 -€117,622 View
By topic
Board & ownership
- Board
- 1 member
- Parent
- Visma Belgium Holding · 100%
- Auditor
- Ernst et Young Reviseurs…
- Mikael WestööDirector
Network & group
- Group
- VISMA AS
- Subsidiaries
- 7
- Holdings
- 5
- Connected companies
- 28
7 subsidiaries
Timeline
- Events
- 40
- Since
- 2017
- Next accounts
- by 31-07-2027
- 08-07-2025Annual accounts filed
- 30-01-2025Appointment: Forvis Mazars Bedrijfsrevisoren (statutory auditor)
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Activities of holding companiesNACE 64210
- Founded
- 15-12-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 10
- Who signs
- Two directors jointly
- Annual meeting
- Third Wednesday of May at 11:30
- Purpose
- “De investering,inschrijving,overname,plaatsing,aankoop,verkoop en verhandeling van…” (deed in Dutch)
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?VISMA AS · 21 companies What changed in the latest annual accounts?What changed
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