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C.S. Automation

Active
Private limited companyfounded 201510 yrs activeGeelseweg(HRT) 9, 2200 Herentals, BelgiumKBO/BCE: BE 0643.725.850

C.S. Automation has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €499k and a net result of €70k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 84% of 158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+8
Solvency100▲+13
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 5.79 against 4.75 in 2024; short-term debt: 15.5% and cash: 4.2% of total assets), and 21% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79%
Return on assets
11.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
39 d early
2024
50 d early
2023
43 d early
2022
40 d early
2021
45 d early
2020
39 d early
2019
23 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€499k▲ 16.4%
2024 · €429k
2019: €167k 2020: €174k 2021: €273k 2022: €343k 2023: €394k 2024: €429k
2019 → 2025
Total assets
€633k▼ 8.7%
2024 · €693k
2019: €265k 2020: €277k 2021: €422k 2022: €440k 2023: €541k 2024: €693k
2019 → 2025
Net result
€70k▲ 104%
2024 · €35k
2019: €96k 2020: €8k 2021: €99k 2022: €64k 2023: €51k 2024: €35k
2019 → 2025
Working capital
€468k▼ 4.0%
2024 · €488k
2019: €171k 2020: €158k 2021: €260k 2022: €317k 2023: €345k 2024: €488k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€273k-€343k▲ 25.6%€394k▲ 15.0%€429k▲ 8.8%€499k▲ 16.4%
Operating result€124k-€84k▼ 32.3%€60k▼ 29.3%€44k▼ 26.5%€94k▲ 115%
Net result€99k-€64k▼ 35.4%€51k▼ 19.4%€35k▼ 32.6%€70k▲ 104%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €124k€124kNet result 2021: €99k€99kOperating result 2022: €84k€84kNet result 2022: €64k€64kOperating result 2023: €60k€60kNet result 2023: €51k€51kOperating result 2024: €44k€44kNet result 2024: €35k€35kOperating result 2025: €94k€94kNet result 2025: €70k€70k20212022202320242025
The operating result recovers in 2025; 2025 is 115% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €633k
Fixed assets €66k▼ 11.1%
Current assets €566k▼ 8.4%
Equity and liabilities €633k
Equity €499k▲ 16.4%
Debt €133k▼ 49.5%
The debt ratio falls from 38.1% to 21.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€108k
2024 · €60k
Cash flow
€85k
2024 · €51k
Solvency
79.0%
2024 · 61.9%
Current ratio
5.79
2024 · 4.75
Quick ratio
5.79
2024 · 4.54
Debt / equity
0.27
2024 · 0.61
ROE
14.1%
2024 · 8.1%
ROA
11.1%
2024 · 5.0%
Interest coverage
17.50
2024 · 10.60
Debt
€133k
2024 · €264k
Debt ≤ 1 year
€98k
2024 · €130k
Debt > 1 year
€18k
2024 · €29k
Income taxes
€30k
2024 · €14k
Staff costs
€121k
2024 · €98k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€693k€633k
Fixed assets21/28€75k€66k
Tangible fixed assets22/27€74k€66k
Plant, machinery and equipment23€63k€55k
Furniture and vehicles24€11k€11k
Other tangible fixed assets26€0-
Financial fixed assets28€620€620=
Current assets29/58€618k€566k
Amounts receivable after more than one year29€120k€120k=
Other amounts receivable291€120k€120k=
Stocks and contracts in progress3€28k€0
Stocks30/36€28k€0
Amounts receivable within one year40/41€449k€403k
Trade receivables40€158k€95k
Other amounts receivable41€291k€309k
Cash at bank and in hand54/58€0€26k
Deferred charges and accrued income490/1€22k€16k
Equity and liabilities
Total equity and liabilities10/49€693k€633k
Equity10/15€429k€499k
Contributions10/11€19k€19k=
Reserves13€410k€481k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€409k€479k
Amounts payable17/49€264k€133k
Amounts payable after more than one year17€29k€18k
Financial debts170/4€29k€18k
Amounts payable within one year42/48€130k€98k
Current portion of amounts payable after more than one year42€11k€11k
Financial debts43€2k€0
Credit institutions430/8€2k€0
Trade debts44€90k€44k
Suppliers440/4€90k€44k
Taxes, remuneration and social security45€27k€43k
Taxes450/3€18k€33k
Remuneration and social security454/9€9k€10k
Accrued charges and deferred income492/3€104k€18k
Income statement Code20242025
Remuneration, social security and pensions62€98k€121k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€14k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€20k€-2k
Other operating charges640/8€743€2k
Gross operating margin9900€180k€228k
Operating profit (loss)9901€44k€94k
Financial income75/76B€10k€12k
Recurring financial income75€10k€12k
Financial charges65/66B€6k€6k
Recurring financial charges65€6k€6k
Profit (loss) for the period before taxes9903€48k€100k
Income taxes67/77€14k€30k
Profit (loss) for the period9904€35k€70k
Profit (loss) for the period to be appropriated9905€35k€70k
Appropriation of the result
Profit (loss) to be appropriated9906€35k€70k
Transfer to equity691/2€35k€70k
To other reserves6921€35k€70k
Social balance
Average headcount (FTE)90871.82.3

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
23-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
12-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
19-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
22-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
17-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial Highest result since 2019net €99k ▲1215%
Net result €99k, the highest in the series.
30-06
Financial Equity above €200kEq €273k ▲56.7%
3 profitable years in a row build equity to €273k.
2020
23-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Weakest financial yearnet €8k ▼92.2%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
08-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
24-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herentals · 1 establishment unit since 2015
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Geelseweg(HRT) 92200 Herentals
Ground area
2.9 ha
Building footprint
9,853 m²
Volume, LiDAR
11,180 m³
2 parcels, Flanders · tallest building 13.5 m. Linked by address, not a title deed.
1 establishment unit
C.S. Automation
Geelseweg(HRT) 9F, 2200 HerentalsManufacture of rubber and plastic products
since 20152.247.937.683
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13302C0523/00B000 Flanders 1.7 ha 1 · 9,853 m² 13.5 m
13302C0611/00A000 Flanders 1.2 ha - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 465 EUR awarded · 465 EUR paid
Year Entries awardedpaid
2025 1 465 EUR465 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 465 EUR · 465 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 371 companies in sector 22210 we hold annual accounts for 293. 205 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-11-2015
Fiscal year end30-06
Activities, NACEBEL
22210Manufacture of rubber and plastic products
71121Engineering and related technical consultancy, excluding land surveyors
22220Manufacture of rubber and plastic products
22240Manufacture of rubber and plastic products
22260Manufacture of rubber and plastic products
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.