Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CBS TRADING from Antwerpen, company number BE0502681714, closed financial year 2025 with a result of € -8,811 after tax. For that financial year CBS TRADING recorded a gross margin of € -6,508 and equity of € 30,417. Compared with financial year 2024, the result moved from € -59,738 to € -8,811. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 30,417
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,811
▲ 85 % less loss than in 2024
Profit after tax over the fiscal year.
€ 17,893
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 24,217.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 63,691
▲ € 52,334 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,567 | € -47,020 | € -58,695 | € -6,508 | ▲ € 52,187 |
| Profit after taxes | € -21,545 | € -57,103 | € -59,738 | € -8,811 | ▲ € 50,928 |
| Equity | € 556,069 | € 498,966 | € 39,228 | € 30,417 | ▼ 22% |
| Total debts | € 709,703 | € 677,071 | € 161,357 | € 215,262 | ▲ 33% |
| Cash | € 687,592 | € 904,981 | € 63,009 | € 17,893 | ▼ 72% |
| Retained profit | € 549,869 | € 492,766 | € 33,028 | € 24,217 | ▼ 27% |
| Dividend | € 0 | € 0 | € 400,000 | € 0 | ▼ 100% |
| Bank debt | € 16,733 | € 16,925 | € 0 | € 0 | |
| Balance sheet total | € 1,265,772 | € 1,176,038 | € 200,585 | € 245,679 | ▲ 22% |
Key figures of CBS TRADING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CBS TRADING?
What happened at CBS TRADING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,811. Source: NBB ↗
- Raphael Gutfreund became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,545 loss in 2022 to € 8,811 loss in 2025.
Paid out € 400,000 in dividends to the owners in total.
Management
The stake of C.B.S. IMMO II, VLIMMO - INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CBS TRADINGBehind CBS TRADING is Raphael Gutfreund. The shares are held by C.B.S. IMMO II (50%) and VLIMMO - INVEST (50%).
Directors
According to the 2025 annual accounts
Raphael Gutfreund
Director
since 2025
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Belgiëlei 194
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Marilyn Watch
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.681.714
- VAT number
- BE 0502.681.714
- Registered office
- Belgiëlei 194, 2018 Antwerpen
- Names & denominations
- CBS TRADING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2013
- Peppol
- Active · Active since 21 Apr 2026
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in de groothandel in andere specifieke goederen