Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
-
Figures corrected NBB
Corrected annual account filed for 2022.
-
Busy address KBO
44 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CPS Quality Belgium from Brussel, company number BE0696744664, closed financial year 2025 with a result of € 231,395 after tax. For that financial year CPS Quality Belgium recorded a gross margin of € 1.8 million and equity of € -1.1 million. Compared with financial year 2024, the result moved from € -713,805 to € 231,395. Profitable, and profit is growing. 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 April 14, 2026.
€ -1.1 million
▲ € 231,395 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 231,395
▲ still € 713,805 loss in 2024
Profit after tax over the fiscal year.
€ 559,991
▲ € 447,373 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1.1 million.
People and assets in 2025
30
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 9% vs 2024
€ 50,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,889
▲ € 10,280 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.1 million
▲ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 197,489
▲ 60% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,295,658 | € 1,010,273 | € 753,658 | € 1,806,094 | ▲ 140% |
| Profit after taxes | € -38,841 | € -580,056 | € -713,805 | € 231,395 | ▲ € 945,200 |
| Equity | € -61,123 | € -641,180 | € -1,354,985 | € -1,123,589 | ▲ € 231,395 |
| Total debts | € 2,424,001 | € 1,641,017 | € 1,970,269 | € 3,112,732 | ▲ 58% |
| Cash | € 709,607 | € 138,675 | € 112,618 | € 559,991 | ▲ € 447,373 |
| Retained profit | € -79,723 | € -659,780 | € -1,373,585 | € -1,142,189 | ▲ € 231,395 |
| Balance sheet total | € 2,362,878 | € 999,837 | € 615,285 | € 1,989,143 | ▲ 223% |
| Employees (FTE) | 34 | 31 | 29.4 | 30 | ▲ 0.6 |
Key figures of CPS Quality Belgium, 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 CPS Quality Belgium?
What happened at CPS Quality Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 231,395. Source: NBB ↗
- Marcel Blinde became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,841 loss in 2022 to € 231,395 profit in 2025.
Paid € 812 in corporate taxes since 2022.
Best year ever: 2025, with € 231,395 profit.
On average € 60,200 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CPS Quality Belgium is Marcel Blinde. The shares are held by Formel D Quality France (100%).
Directors
According to the 2025 annual accounts
Marcel Blinde
Director
since 2025
Shareholders
Formel D Quality France
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wetstraat 23
1040 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 44 companies are registered at this address.
All companies at this address →Conseil Supérieur du Lycée Français International d’Anvers
€ 203 gross margin · 2024
SOGEMAD
€ 1.9 million gross margin · 2025
B.B.M. - Bureau d'Affaires Européennes
Chambre de Commerce et d'Industrie FRANCE BELGIQUE
MUSH DIFFUSION
+39 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
Domain
Domain
formeld.com
Registered
1999-05-04
Registrar
united domains AG
Expires
2027-05-04
Website info
Features
Security
Details
- Company number
- 0696.744.664
- VAT number
- BE 0696.744.664
- Registered office
- Wetstraat 23, 1040 Brussel
- Names & denominations
- CPS Quality Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2018
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- formeld.com
- Activities · NACE
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