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 2024 and 2025.
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Busy address KBO
58 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
CPIW from Brussel, company number BE0875207145, closed financial year 2025 with a result of € -369,877 after tax. Compared with financial year 2024, the result moved from € -1.7 million to € -369,877. 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 July 6, 2026.
€ -9.2 million
▼ € 369,877 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -369,877
▲ 78 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,179
▲ € 4,698 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31.7 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,939
▲ 156% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 163 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -168,476 | € 78,822 | € -1,680,569 | € -369,877 | ▲ € 1.3 million |
| Equity | € -7,252,074 | € -7,173,253 | € -8,853,821 | € -9,223,699 | ▼ € 369,877 |
| Total debts | € 11,645,978 | € 11,828,892 | € 12,409,037 | € 12,491,944 | ▲ 1% |
| Cash | € 155 | € 253 | € 481 | € 5,179 | ▲ € 4,698 |
| Retained profit | € -29,748,584 | € -29,669,763 | € -31,350,331 | € -31,720,209 | ▼ € 369,877 |
| Balance sheet total | € 4,393,903 | € 4,655,639 | € 3,555,216 | € 3,268,246 | ▼ 8% |
Key figures of CPIW, 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 CPIW?
What happened at CPIW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CSC Financial Services (Belgium) SRL stepped down as director. NBB
- CSC Global Solutions (BELGIUM) SA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 369,877. Source: NBB ↗
- CSC Financial Services (Belgium) SRL became a director. NBB
- CSC Global Solutions (BELGIUM) SA became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 168,476 loss in 2022 to € 369,877 loss in 2025.
Best year ever: 2023, with € 78,822 profit.
Pays suppliers within 163 days on average.
A new publication or filing at CPIW? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
CSC Financial Services (Belgium) SRL
Administrateur · represented by Irène FLORESCU
Also active at: CPIV, CPIS, Passport Belgium, Auto ABS Belgium Loans 2019, MERCURIUS FUNDING, DSFB, Avocent Belgium Limited, Magritte CMBS +1 more
since 2023 · until 2029
CSC Global Solutions (BELGIUM) SA
Administrateur · represented by Christophe TANS
Also active at: HUDSON GLOBAL RESOURCES BELGIUM, ROSPA BELGIUM, PROLOGIS MEXICO HOLDING II (A), PROLOGIS MEXICO HOLDING (A), GELASE, CPIV, CPIS, Covent Garden JV General Partner +30 more
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Marnixlaan 23
1000 Brussel
Koningsstraat 97
1000 Brussel
Active since 6 September 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
All companies at this address →TELEFLEX MEDICAL
€ 18.7 million revenue · 2025
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€ 218,925 revenue · 2024
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€ 3.9 million revenue · 2025
CUSHMAN & WAKEFIELD BELGIUM
€ 14.4 million revenue · 2024
+53 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
- 0875.207.145
- VAT number
- BE 0875.207.145
- Registered office
- Marnixlaan 23, 1000 Brussel
- Names & denominations
- CPIW
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 2005
- Peppol
- Not registered