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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
17 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 2025
CMI from Waregem, company number BE0753486201, closed financial year 2025 with a result of € 2,992 after tax. For that financial year CMI recorded a gross margin of € -3,009 and equity of € 245,380. Compared with financial year 2024, the result moved from € 1,009 to € 2,992. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 16, 2026.
€ 245,380
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,992
▲ 197% vs 2024
Profit after tax over the fiscal year.
€ 9,316
▲ € 8,126 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 € -4,620.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,471
▲ € 2,968 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,227 | € -3,131 | € -3,162 | € -3,009 | ▲ € 152 |
| Profit after taxes | € 1,213 | € 7,014 | € 1,009 | € 2,992 | ▲ 197% |
| Equity | € 234,365 | € 241,380 | € 242,389 | € 245,380 | ▲ 1% |
| Total debts | € 225,348 | € 329,499 | € 316,503 | € 319,471 | ▲ 1% |
| Cash | € 5,617 | € 1,783 | € 1,190 | € 9,316 | ▲ € 8,126 |
| Retained profit | € -15,635 | € -8,620 | € -7,611 | € -4,620 | ▲ € 2,992 |
| Balance sheet total | € 459,713 | € 570,879 | € 558,892 | € 564,851 | ▲ 1% |
Key figures of CMI, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to CMI?
What happened at CMI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,992 (▲ 197% vs 2024). Source: NBB ↗
- DKW Invest BV became a director. NBB
- EAM Invest BV stepped down as director. NBB
- New establishment in Waregem. KBO
- EAM Invest BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,213 profit in 2022 to € 2,992 profit in 2025.
Best year ever: 2023, with € 7,014 profit.
Management
The stake of EAM Invest, RODECOM, MAPIDE, DKW INVEST, MAD FOX, VINCKIER INVEST, SIDLABZ, GHEMIC, VINCKIER-STEVERLYNCK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CMIBehind CMI are VINCKIER INVEST BV, MAPIDE BV, SKYHIGH INVEST CommV, DKW Invest BV, MAD FOX BV and GHEMIC BV. The shares are held by EAM Invest (10%), RODECOM (10%), MAPIDE (10%), DKW INVEST (10%), MAD FOX (10%) and VINCKIER INVEST (10%). It owns 10.3% of Specter itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Thomas Vinckier
Also active at: HERCAS, IMMO VINCKIER B., V-CONSTRUCT, BOUWMATERIALEN GERMAIN VINCKIER, TRANSPORT GERMAIN VINCKIER
Director · represented by Pieterjan Desmet
Also active at: DECOSPAN HOLDING, Floorify, The Veneer, Hostellerie Kemmelberg, Immo Kemmelberg
Director · represented by Jean-Charles De Keukeleere
Also active at: SEE INVEST, OPHTALMO SURGICAL, OPHTALMO VISION CARE
since 2025
Managing director · represented by Steven Mestdagh
Also active at: POXYTEC, NU FLOW BELGIUM, CORD, SPANLUX, Commorreal Estate, Commorreal Construct, OMNIPOWER
Director · represented by Michael Gheysens
Also active at: R.H.R. - INDUSTRIES, GARAGE S.O.S., GHELAMCO INVEST, SOGIMES, IMMOBILIERE NORTH SEA PROPERTIES, THE WHITE HOUSE ZOUTE, STEELCON, BELGIAN TRADING COMPANY +44 more
Director · represented by Pieter Vinckier
Also active at: HERCAS, IMMO VINCKIER B., V-CONSTRUCT, BOUWMATERIALEN GERMAIN VINCKIER, TRANSPORT GERMAIN VINCKIER
Managing director · represented by Robbert Desmet
Also active at: HIGHWAY REAL ESTATE, Unicus, SPECTER, Woodstoxx Invest, Hostellerie Kemmelberg, Immo Kemmelberg, WOODSTOXX
Director · represented by Jean-Charles De Keukeleere
since 2020 · until 2025
Shareholders
10%
10%
10%
10%
10%
10%
10%
10%
Participations
10.3%
Establishments
Establishment units
Physical locations of this company
Henri Lebbestraat 188
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →FREDO
€ 9 million revenue · 2025
ASTUCE
€ 886,345 revenue · 2025
Belgium Luxury Trading
€ 864,608 revenue · 2025
SEACORIN
€ 23 million revenue · 2025
CARTOUCHES
€ 837,622 revenue · 2025
+12 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
- 0753.486.201
- VAT number
- BE 0753.486.201
- Registered office
- Henri Lebbestraat 188, 8790 Waregem
- Names & denominations
- CMI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2020
- Peppol
- Not registered