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Immo CBTS

Active
Private limited companyfounded 2024active for 1 yearImpulsstraat 21, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 1016.798.540

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 21-04-2026 at the NBB

Turnover
≈ €240,000
Estimated: probably between €200,000 and €280,000
Total assets
€2.0m
Net result
-€185,638
Working capital
-€65,996

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €2.0m
Fixed assets €1.9m
Current assets €114,376
Equity and liabilities €2.0m
Equity €84,362
Debt €1.9m
Debt's share of the balance-sheet total is 95.8%.
Key figures and ratios
2025 value
EBITDA
-€99,122
Cash flow
-€145,130
Current ratio
0.63
Debt to equity
22.55
ROE
-220.0%
ROA
-9.3%
Interest coverage
-2.15
Debt ≤ 1 year
€180,372
Debt > 1 year
€1.7m

Comparable companies

These companies have the same main activity as Immo CBTS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.4m and €2.8m, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
Immo CBTS Heist-op-den-Berg2024€2.0m€0.08m€0.1m-€0.2m-2025
Compass easy Hulshout2024€1.8m€0.2m€0.1m€0.03m-2025
CECO Invest Dinant2024€2.0m€0.1m€0.1m€0.08m-2025
CEVAN MANAGEMENT Ieper2025€2.1m€0.09m€0.1m€0.09m-2025
District3 Hasselt2024€2.2m€0.3m€0.1m€0.02m-2025
Famunity Mechelen2024€1.4m€0.1m€0.1m€0.09m-2025
MADIGIL Lint2024€2.8m€0.1m€0.2m€0.1m02025

They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 120 companies had the same profile as Immo CBTS has now. Two years later, 2.5% had gone bankrupt and 95.8% were still going.

  • Small
  • under 2 years old
  • solvency under 10%
  • a small loss
2.5% went bankrupt
1.7% stopped otherwise
95.8% was still going

The bankruptcy probability of Immo CBTS itself is lower: 0.4% within 12 months. It rests on far more data about Immo CBTS than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 120 companies, not a prediction for Immo CBTS. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines

Source: Annual accounts 2025 at the NBB, filed on 21-04-2026.

Balance sheet Code2025
Assets
Total assets20/58€2.0m
Fixed assets21/28€1.9m
Tangible fixed assets22/27€1.9m
Land and buildings22€1.9m
Current assets29/58€0.1m
Amounts receivable within one year40/41€0.1m
Trade receivables40€0.1m
Other amounts receivable41€0.001m
Cash at bank and in hand54/58€0.003m
Deferred charges and accrued income490/1€495
Equity and liabilities
Total equity and liabilities10/49€2.0m
Equity10/15€0.08m
Contributions10/11€0.3m
Profit (loss) carried forward14-€0.2m
Amounts payable17/49€1.9m
Amounts payable after more than one year17€1.7m
Financial debts170/4€1.7m
Amounts payable within one year42/48€0.2m
Current portion of amounts payable after more than one year42€0.1m
Trade debts44€0.02m
Suppliers440/4€0.02m
Taxes, remuneration and social security45€0.03m
Taxes450/3€0.03m
Remuneration and social security454/9€0.004m
Other amounts payable47/48€0.03m
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m
Other operating charges640/8€0.01m
Non-recurring operating charges66A€0.2m
Gross operating margin9900€0.1m
Operating profit (loss)9901-€0.1m
Financial charges65/66B€0.05m
Recurring financial charges65€0.05m
Profit (loss) for the period before taxes9903-€0.2m
Profit (loss) for the period9904-€0.2m
Profit (loss) for the period to be appropriated9905-€0.2m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.2m

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,508
Other operating charges640/8€10,585
Non-recurring operating charges66A€228,000
Gross operating margin9900€139,463
Operating profit (loss)9901-€139,629
Financial charges65/66B€46,009
Recurring financial charges65€46,009
Profit (loss) for the period before taxes9903-€185,638
Profit (loss) for the period9904-€185,638
Profit (loss) for the period to be appropriated9905-€185,638
Line2025
Assets
Total assets20/58€2.0m
Fixed assets21/28€1.9m
Tangible fixed assets22/27€1.9m
Land and buildings22€1.9m
Current assets29/58€0.1m
Amounts receivable within one year40/41€0.1m
Trade receivables40€0.1m
Other amounts receivable41€0.001m
Cash at bank and in hand54/58€0.003m
Deferred charges and accrued income490/1€495
Equity and liabilities
Total equity and liabilities10/49€2.0m
Equity10/15€0.08m
Contributions10/11€0.3m
Profit (loss) carried forward14-€0.2m
Amounts payable17/49€1.9m
Amounts payable after more than one year17€1.7m
Financial debts170/4€1.7m
Amounts payable within one year42/48€0.2m
Current portion of amounts payable after more than one year42€0.1m
Trade debts44€0.02m
Suppliers440/4€0.02m
Taxes, remuneration and social security45€0.03m
Taxes450/3€0.03m
Remuneration and social security454/9€0.004m
Other amounts payable47/48€0.03m
Line2025
Profit (loss) for the period9904-€185,638
+ Depreciation and write-downs630€40,508
Operating cash flow (approximation)-€145,130

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
30-09-2025 micro format 21-04-2026 2026-00083674 NBB

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