CUMULIS
ActiveCUMULIS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €115k and a net result of €10k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
64
/ 100
Healthy▲ +15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▼-19
Solvency29▲+9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 0.98 in 2023), and 83.9% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 15368 sector peers (2024).
NBB · sector comparisonPosition among 15368 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
31 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
136 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€67k
EBIT margin
13.2%
Net result
€10k▲ 91.6%
2023 · €5k
2018: €4k
2019: €7k
2020: €8k
2021: €4k
2022: €6k
2023: €5k
2018 → 2024
Working capital
€115k
2023 · €-7k
2018: €2k
2019: €2k
2020: €-751
2021: €-12k
2022: €-23k
2023: €-7k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€67k
Equity€90k-€94k▲ 4.7%€99k▲ 5.9%€105k▲ 5.5%€115k▲ 10.0%
Operating result€28k-€22k▼ 20.8%€24k▲ 9.7%€9k▼ 63.1%€46k▲ 416%
Net result€8k-€4k▼ 44.6%€6k▲ 30.5%€5k▼ 1.2%€10k▲ 91.6%
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 recovers in 2024; 2024 is 416% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €716k
Fixed assets
€260k▼ 28.9%
Current assets
€456k▲ 13.5%
Equity and liabilities €716k
Equity
€115k▲ 10.0%
Debt
€600k▼ 9.3%
The debt ratio falls from 86.3% to 83.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€54k▲
2023 · €40k
Cash flow
€19k▼
2023 · €36k
Solvency
16.1%▲
2023 · 13.7%
Current ratio
1.34▲
2023 · 0.98
Quick ratio
1.34▲
2023 · 0.98
Debt / equity
5.21▼
2023 · 6.32
ROE
9.0%▲
2023 · 5.2%
ROA
1.5%▲
2023 · 0.7%
Interest coverage
1.71▼
2023 · 16.25
Debt
€600k▼
2023 · €662k
Debt ≤ 1 year
€341k▼
2023 · €409k
Debt > 1 year
€21k▼
2023 · €50k
Income taxes
€4k▲
2023 · €987
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€767k€716k▼
Fixed assets21/28€365k€260k▼
Tangible fixed assets22/27€11k€3k▼
Land and buildings22€11k€3k▼
Financial fixed assets28€354k€257k▼
Current assets29/58€401k€456k▲
Amounts receivable within one year40/41€399k€424k▲
Trade receivables40€12k€389▼
Other amounts receivable41€388k€424k▲
Cash at bank and in hand54/58€2k€31k▲
Equity and liabilities
Total equity and liabilities10/49€767k€716k▼
Equity10/15€105k€115k▲
Contributions10/11€19k€19k=
Reserves13€30k€30k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€56k€66k▲
Amounts payable17/49€662k€600k▼
Amounts payable after more than one year17€50k€21k▼
Financial debts170/4€50k€21k▼
Amounts payable within one year42/48€409k€341k▼
Current portion of amounts payable after more than one year42€376k€304k▼
Financial debts43€16k€16k=
Credit institutions430/8€16k€16k=
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Advances received on contracts in progress46€4k€4k=
Taxes, remuneration and social security45€9k€13k▲
Taxes450/3€9k€13k▲
Accrued charges and deferred income492/3€203k€239k▲
Income statement
Code20232024
Turnover70€67k-
Goods, raw materials, services and sundry goods60/61€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€8k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€30k€14k▼
Other operating charges640/8€4k€7k▲
Gross operating margin9900€74k€75k▲
Operating profit (loss)9901€9k€46k▲
Financial income75/76B€20€121▲
Recurring financial income75€20€121▲
Financial charges65/66B€2k€32k▲
Recurring financial charges65€2k€32k▲
Profit (loss) for the period before taxes9903€6k€14k▲
Income taxes67/77€987€4k▲
Profit (loss) for the period9904€5k€10k▲
Profit (loss) for the period to be appropriated9905€5k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€66k▲
Profit (loss) brought forward from the previous period14P€51k€56k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €10k ▲91.6%
Operating result €46k, net result €10k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Equity above €100kEq €105k ▲5.5%
6 profitable years in a row build equity to €105k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 136 days late
2019
27-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 149 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 92 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 141 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, Oud-Heverlee
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.
Pastoor Tilemansstraat 143051 Oud-HeverleeGround area
2,334 m²
Building footprint
233 m²
Volume, LiDAR
1,705 m³
Parcel 24100B0068/00B003, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24100B0068/00B003 | Flanders | 2,334 m² | 1 · 233 m² | 10.5 m · 3 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.
Similar companies · same sector, comparable size
FISCADVICE
BE 0691.869.326
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Downstream
BE 0739.830.876
Herve · Eq €115k
iQeros
BE 0821.489.436
Dinant · Eq €115k
C-Booxx
BE 0430.203.017
Knokke-Heist · Eq €115k
Sio
BE 0676.671.109
Heist-op-den-Berg · Eq €115k
Of 12,122 companies in sector 69201 we hold annual accounts for 7,600. 6,484 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-1997
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.