C.S.B.
ActiveSummary
C.S.B. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.36M and a net result of €245k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 82% of 1309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 5.18 against 11.56 in 2024; short-term debt: 19.1% and cash: 79.5% of total assets), and 23.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
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 2025Solvency, return and age of the figures
Solvency
76.1%
Return on assets
7.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
6 d early
2023
14 d early
2022
41 d early
2021
40 d early
2020
32 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
Total assets
€3.10M▲ 14.9%
2024 · €2.70M
2018: €2.63M
2019: €2.63M
2020: €2.61M
2021: €2.76M
2023: €2.87M
2024: €2.70M
2018 → 2025
Net result
€245k▲ 55.6%
2024 · €158k
2018: €93k
2019: €93k
2020: €88k
2021: €49k
2023: €81k
2024: €158k
2018 → 2025
Working capital
€2.47M▲ 2.7%
2024 · €2.41M
2018: €2.17M
2019: €2.17M
2020: €2.21M
2021: €2.26M
2023: €2.36M
2024: €2.41M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€2.09M-€2.14M▲ 2.3%€2.29M▲ 7.4%€2.31M▲ 0.8%€2.36M▲ 2.0%
Operating result€102k-€72k▼ 29.7%€83k▲ 15.0%€98k▲ 18.5%€195k▲ 99.2%
Net result€88k-€49k▼ 44.3%€81k▲ 65.6%€158k▲ 95.3%€245k▲ 55.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 99% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.10M
Fixed assets
€38k ▼ 39.6%
Current assets
€3.06M ▲ 16.2%
Equity and liabilities €3.10M
Equity
€2.36M ▲ 2.0%
Provisions
€150k =
Debt
€592k ▲ 151%
Debt's share of the balance-sheet total rises from 8.7% to 19.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€224k▲
2024 · €125k
Cash flow
€274k▲
2024 · €185k
Current ratio
5.18▼
2024 · 11.56
Debt to equity
0.25▲
2024 · 0.10
ROE
10.4%▲
2024 · 6.8%
ROA
7.9%▲
2024 · 5.8%
Interest coverage
48.75▲
2024 · 21.14
Debt ≤ 1 year
€591k▲
2024 · €228k
Debt > 1 year
€592▼
2024 · €8k
Income taxes
€17k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.70M€3.10M▲
Fixed assets21/28€64k€38k▼
Tangible fixed assets22/27€63k€38k▼
Land and buildings22€3k€3k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€55k€32k▼
Other tangible fixed assets26€0-
Financial fixed assets28€250€750▲
Current assets29/58€2.63M€3.06M▲
Amounts receivable within one year40/41€241k€594k▲
Trade receivables40€19k€32k▲
Other amounts receivable41€222k€562k▲
Cash at bank and in hand54/58€2.39M€2.46M▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€2.70M€3.10M▲
Equity10/15€2.31M€2.36M▲
Contributions10/11€130k€130k=
Reserves13€2.18M€2.23M▲
Tax-exempt reserves132€3k€3k=
Distributable reserves133€2.18M€2.23M▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€150k€150k=
Provisions for liabilities and charges160/5€150k€150k=
Environmental obligations163€150k€150k=
Amounts payable17/49€235k€592k▲
Amounts payable after more than one year17€8k€592▼
Financial debts170/4€8k€592▼
Amounts payable within one year42/48€228k€591k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Financial debts43€4k€4k=
Credit institutions430/8€4k€4k=
Trade debts44€28k€198k▲
Suppliers440/4€28k€198k▲
Advances received on contracts in progress46€0€71k▲
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Other amounts payable47/48€188k€310k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€29k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€4k€3k▼
Gross operating margin9900€129k€227k▲
Operating profit (loss)9901€98k€195k▲
Financial income75/76B€73k€73k▼
Recurring financial income75€72k€73k▲
Non-recurring financial income76B€2k€0▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€165k€263k▲
Income taxes67/77€8k€17k▲
Profit (loss) for the period9904€158k€245k▲
Profit (loss) for the period to be appropriated9905€158k€245k▲
Appropriation of the result
Profit (loss) to be appropriated9906€158k€245k▲
Transfer to equity691/2€18k€45k▲
To other reserves6921€18k€45k▲
Profit to be distributed694/7€140k€200k▲
Directors or managers695€140k€200k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €245k ▲55.6%
Operating result €195k, net result €245k, both a record.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €49k ▼44.3%
Net result drops to €49k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Wortegem-Petegem · 1 establishment unit since 1996
Ground area
1,857 m²
Building footprint
415 m²
Volume, LiDAR
2,240 m³
Parcel 45055B0076/00M000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
C.S.B. BVBA
since 19962.066.591.037
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45055B0076/00M000 | Flanders | 1,857 m² | 1 · 415 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600J7TK7SQIRX8H64
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Of 1,225 companies in sector 33200 we hold annual accounts for 676. 247 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-1994
Fiscal year end30-09
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
01610Support activities for crop production
01620Support activities for animal production
38330Waste collection, recovery and disposal activities
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.