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C.M.

Active
Private limited companyfounded 2009active for 17 yearsHeirweg(Nieuwk) 26, 8950 Heuvelland, BelgiumKBO/BCE: BE 0811.904.648
Summary

C.M. has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9.1m and a net result of -€21,532. Equity is shrinking by about 5.6% per year across the filed financial years. Its solvency ranks better than 55% of 8,091 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Business and other management consultancy
NACE 70200
2nd largest company by total assets in Heuvelland, Professional and technical services sector1 site
Size
€15.4mtotal assets 2024
Equity
€9.1m
Loss
-€21,532
Net result +99%: 12-month year
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Parent
CLAREBOUT · 100%
Holdings
3
Auditor: KPMG Réviseurs d'EntreprisesAccounts 78 days overdue5 of 11 deeds read
Why 54raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 03-07-2025)Liquidity: current ratio 0.01, cash €53,958lowers riskSize: total assets €15.4mSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (NACE 70, medium-sized)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 84=
equity 58.7% of total assets
Liquidity 32=
short-term debt 39.9% · cash 0.3%
Profitability 37+37
return on assets -0.1%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (798 companies, NACE 70, medium-sized)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.5 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 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: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.3 percentage points vs 09-2026highest value
Credit of up to €480,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.01, compared with 0.01 in 2023, below 1; short-term debt: 39.9% and cash: 0.3% of total assets), and 41.3% 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 70, medium-sized): better than 50% on solvency, 17% on liquidity, 32% on profitability and 28% on growth.

The bankruptcy probability was computed on 16-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 03-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.01, cash €53,958
NBB · annual accounts
lowers risk · Size: total assets €15.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
192021222324
2019 to 2024 · latest year -€21,532
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, 78 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
29 days early
2023
30 days early
2022
1 day late
2021
3 days late
2020
on the day
2019
1 day early
← 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 9 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% 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. Amendment of the articlesGazette deed
  2. Resignation: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Leen Defoer and…
  3. Amendment of the articlesPower of attorney

Key points

  • Result rose in 202412-month financial year ▲ 99.3% View
  • Caution: Among the weakest 13% on net resultsector median €45,719 · 8,093 companies -€21,532 View
  • Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
  • Board changedlatest change 12-12-2025 · 3 in office 3 joined · 1 left View
  • Controlled by CLAREBOUTultimately: Simplot Europe Holdings 100% View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€21,532 View

By topic

Financials

Financial year
2024
Total assets
€15.4m
Loss
-€21,532
Solvency
58.7%
Total assets▼ 0.2%
Net result
20192024
Go to Financials

Board & ownership

Board
3 members
Parent
CLAREBOUT · 100%
Auditor
KPMG Réviseurs d'Entreprises
  • Gert MasselusManaging director
  • Graham DugdaleManaging director
  • James AldermanDirector
Go to Board & ownership

Timeline

Events
21
Since
2011
  1. 15-01-2026Appointments: Graham Dugdale (managing director) and Gert…
  2. 12-12-2025Resignation: Jan Clarebout (director)
  3. 02-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
26-05-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
3
Who signs
Two directors jointly
Financial year
From 1 September to 31 August
Annual meeting
The first on 04-02-2027 at 16:00
Go to Articles of association

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