Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
CIMARD from Etterbeek, company number BE0460107325, closed financial year 2024 with a result of € -43,048 after tax. For that financial year CIMARD recorded revenue of € 17,638 and equity of € -156,841. Compared with financial year 2023, the result moved from € -32,739 to € -43,048. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2025.
€ -156,841
▼ € 43,048 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,048
▼ 31 % more loss than in 2023
Profit after tax over the fiscal year.
€ 9,390
▲ € 8,558 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -218,814.
Debts at end 2024
€ 462,243
▲ 17% vs 2023
Loans from banks and other lenders, long and short.
€ 14,084
▲ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 17,638 | |
| Gross margin | € -8,480 | € -5,110 | € 7,981 | € -3,721 | ▼ € 11,702 |
| Profit after taxes | € -18,460 | € -15,319 | € -32,739 | € -43,048 | ▼ € 10,309 |
| Equity | € -65,734 | € -81,053 | € -113,793 | € -156,841 | ▼ € 43,048 |
| Total debts | € 421,042 | € 429,935 | € 447,148 | € 519,534 | ▲ 16% |
| Cash | € 1,057 | € 349 | € 832 | € 9,390 | ▲ € 8,558 |
| Land & buildings | € 257,246 | € 240,066 | € 222,887 | € 243,416 | ▲ 9% |
| Retained profit | € -127,707 | € -143,027 | € -175,766 | € -218,814 | ▼ € 43,048 |
| Bank debt | € 407,804 | € 42,922 | € 393,993 | € 462,243 | ▲ 17% |
| Balance sheet total | € 355,308 | € 348,881 | € 333,355 | € 362,693 | ▲ 9% |
Key figures of CIMARD, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CIMARD?
What happened at CIMARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 43,048. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,460 loss in 2021 to € 43,048 loss in 2024.
Paid € 8,875 in corporate taxes since 2021.
Establishments
Establishment units
Physical locations of this company
Keltenlaan 20 box 9
1040 Etterbeek
Congresstraat 13
1000 Brussel
Active since 29 October 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →Société Belge Prat Daniel
GETEC
€ -27 gross margin · 2025
Transicom
€ -4,326 gross margin · 2024
PROMO-CHESS
€ -26,152 gross margin · 2022
GENERICA
€ 100,185 gross margin · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.107.325
- VAT number
- BE 0460.107.325
- Registered office
- Keltenlaan 20 bus 9, 1040 Etterbeek
- Names & denominations
- CIMARD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 1997
- Peppol
- Not registered