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CSC Global Solutions (BELGIUM)

Active Private limited companyfounded 1988active for 38 yearsMarnixlaan 23, 1000 BrusselsKBO/BCE: BE 0435.177.929 subsidiary of Intertrust Group

Lifetime

19 annual accounts with figures on one time axis, 37 filings since 1989
peak €3.4m (2012)
€2.4m▲ 4.2%
lowest -€73,687 (2023)
€214,170▲ 6.3%
peak €1.8m (2007)
€672,711▲ 0.6%
€785,820▼ 4.0%
peak 16.8 FTE (2007)
11.2 FTE▲ 2.8%
Board3 names since 2017
2 directorsFLORESCU Irene and 1 other
Owners3 names in the annual accounts
Documentsfilings and deeds
30-07-20261 days before the deadline
2025financial year
Company renamed from Intertrust (Belgium) to CSC Global Solut… 04-09Dividend €210,000Cash from €221,471 to €382,984

Key points

from the 2025 annual accounts

Equity

€672,711 from €1.8m in 2007

Equity fell by 64% in 18 years.

Staff

11.2 FTE from 16.8 in 2007

Between 2007 and 2025, 33% of the full-time equivalents disappeared.

Checked score

93
Excellent
Financially stronger than 46% of small companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 1,123 companies (NACE 82, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.5 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Average

71+1equity 46.1% of total assets
55+15short-term debt 53.9% · cash 26.3%
25+1return on assets 14.7%

Score breakdown

lowers risk
Liquidity: current ratio 1.03, cash €382,984
Founded in 1988
Profit of €214,170 (financial year 2025)
Equity €672,711 (46.1% of total assets)
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 (NACE 82, small). It does better than 53% of them on solvency, 69% on liquidity, 13% on profitability and 48% on growth.

The bankruptcy probability was computed on 06-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as CSC Global Solutions (BELGIUM) has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of CSC Global Solutions (BELGIUM) itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 20,137 companies, not a prediction for CSC Global Solutions (BELGIUM). 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.

Credit verdict

Credit of up to €60,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.03 (1.0 in 2024), below the usual 1.5. Short-term debt is 53.9% and cash 26.3% of total assets. 53.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 1.03, cash €382,984
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €214,170 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €672,711 (46.1% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €672,711
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
7 days late
2023
20 days late
2022
30 days late
2021
37 days early
2020
50 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 7 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

FI
Director, since 31-07-2023
TC
Director, since 30-07-2024
EB
Auditor, Sarah Dupuis

Shares in 3 companies, including CSC Financial Services (Belgium) and CSC Accounting Services (Belgium)

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435177929
Company renamed from Intertrust (Belgium) to CSC Global Solutions (Belgium) Resignations: TANS Christophe (director) and FLORESCU Irene (director) · Appointments: TANS Christophe (director) and FLORESCU Irene (director) · Legal-form conversion: from public limited company to private limited company · Gazette deed
Reappointments: Christophe Tans (director) and EY Bedrijfsrevisoren BV (statutory auditor) General meeting of 30-07-2024 · Gazette deed
Purpose change · Amendment of the articles “Diensten verlenen aan derde partijen, en in het bijzonder in de sector van de vennootschapsrechtelijke…” (deed in Dutch) · General meeting of 27-10-2023 · Gazette deed
All 49 events

Comparable companies

same main activity, similar in size and age
Company
CSC Global Solutions (BELGIUM) Brussels €2.4m -13.3% 46.1% 11.2
MEWA SERVICE Binche €1.6m 4.4% 72.5% 11.6
Brussels Business Hubs Brussels €1.8m 0.0% 24.1% 8.4
CENTRE D'ENTREPRISES DANSAERT Brussels €0.8m 10.8% 77.9% 9.9
Energie commune Sint-Gillis (bij-Brussel) €0.6m 5.2% 39.1% 11.7
European Fruit Juice Association Brussels €1.3m -12.3% 92.3% 4
European Society of Surgical Oncology Woluwe-Saint-Lambert €1.2m 10.7% 86.5% 6.3
-10%0%10%20%€500,000€5m€50mCSC Global Solutions (BELGIUM)EBIT margin

Grey: the largest companies of the sector (office administrative support (NACE 82)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as CSC Global Solutions (BELGIUM): other business support services (NACE 82990). They are comparable in size and age: total assets between €983,000 and €3.3m, founded between 1988 and 2006.

Official details

Source: KBO
Status
Active since 01-09-1988Normal situation
Registered office
234 active companies are registered at this address14 started in the 12 months before. Source: KBO register, as of 6 November 2026.
Activity
Other business support servicesNACE 82990and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.040.526.8401000 Brussels, since 13-10-1988
Financial year end
31 December
Peppol
Reachable since 25-11-2025
Company details

Annual accounts 2025

€1.5m▼ 1.9%
Employeeson 31-12-2025
12▲ 9.1%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Companies linked to CSC Global Solutions (BELGIUM)

Insights on CSC Global Solutions (BELGIUM)

CSC Global Solutions (BELGIUM) has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €672,711 and a net result of €214,170.

Equity has been stable since 2018 (±3.3% per year). Its solvency ranks better than 51% of 1,167 sector peers (NACE 82, financial year 2025).

The computed 12-month bankruptcy probability is below 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CSC Global Solutions (BELGIUM)

What is the company number of CSC Global Solutions (BELGIUM)?
The company number of CSC Global Solutions (BELGIUM) is 0435.177.929. The VAT number is the same number with BE in front: BE 0435.177.929.
Where is CSC Global Solutions (BELGIUM) based?
The registered office is at Marnixlaan 23, 1000 Brussels.Company details
What does CSC Global Solutions (BELGIUM) do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of CSC Global Solutions (BELGIUM)?
CSC Global Solutions (BELGIUM) is a private limited company (BV).
When was CSC Global Solutions (BELGIUM) founded?
CSC Global Solutions (BELGIUM) was founded on 01-09-1988.
Is CSC Global Solutions (BELGIUM) still active?
Yes, CSC Global Solutions (BELGIUM) is an active enterprise in the KBO register.
How many employees does CSC Global Solutions (BELGIUM) have?
CSC Global Solutions (BELGIUM) had an average of 11.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CSC Global Solutions (BELGIUM) fall under?
In its 2025 annual accounts, CSC Global Solutions (BELGIUM) states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of CSC Global Solutions (BELGIUM)?
The turnover of CSC Global Solutions (BELGIUM) was €2.4m in financial year 2025, according to the filed annual accounts.
Is CSC Global Solutions (BELGIUM) profitable?
In financial year 2025, CSC Global Solutions (BELGIUM) made a profit of €214,170.
Where can I find the annual accounts of CSC Global Solutions (BELGIUM)?
CSC Global Solutions (BELGIUM) filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CSC Global Solutions (BELGIUM) due?
CSC Global Solutions (BELGIUM) must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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