OPENING OF BANKRUPTCY

C.S.M.

Financial year 2023 · closed on 31/12/2023
Net result
-122,2 k €
-155.9% YoY
Revenue
641,3 k €
-23.1% YoY
Equity
81,7 k €
-59.9% YoY

Company — Opening of bankruptcy.

What does C.S.M. do?

C.S.M. is a Non-profit organization incorporated in 1996. Its registered office is in Chaudfontaine.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0460.058.330
Incorporation
04/12/1996
Legal form
Non-profit organization
Registered office
Rue du XIII Août 42
4050 Chaudfontaine · WallonieSee on map
Latest accounts
31/12/2023
Joint committees (1)
  • 32902
Signals
Solid equityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202320222021202020182017
Income statement
Revenue641,3 k €833,7 k €783,4 k €657,7 k €
EBITDA-90,5 k €-17,3 k €103,5 k €64,8 k €-15 k €72,1 k €
Operating result-117,5 k €-43,8 k €74,1 k €39,2 k €-30,7 k €54,8 k €
Net result-122,2 k €-47,8 k €70 k €38,1 k €-33,4 k €51,7 k €
Balance sheet
Equity81,7 k €203,9 k €251,7 k €181,7 k €168,5 k €202 k €
Total assets155,1 k €280 k €320,5 k €267,5 k €243,4 k €295,8 k €
Cash10,5 k €95,3 k €122,7 k €65,2 k €47,7 k €88,8 k €
Debts73,4 k €76 k €68,8 k €83,7 k €48 k €72,5 k €
Other
Workforce13,0 ETP11,8 ETP12,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 4 active · 15 ended

Active mandates

Florence GROSJEAN

Mandate

Active
François LOUIS VLASSIS

Mandate

Active
Kevin Magermans

Mandate

Active
Séverine DUMONT

Mandate

Active

Ended mandates

DENIS NINANE

Vice-chairman of the board of directors · since 18 mai 2017

Ended
ETIENNE GENIN

Director · since 18 mai 2017

Ended
FRANCOIS LOUIS - VLASSIS

Director · since 18 mai 2017

Ended
VALERIE VLASSIS

Vice-chairman of the board of directors · since 18 mai 2017

Ended
At this address

Other companies at this address

CompanyCBE no.
FLV ADVENTUREBankrupt
1009.099.215
0655.755.236
Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/09/202401/09/202308/12/202224/08/202106/11/202012/07/2019
General meeting26/09/202401/09/202318/08/202220/08/202131/08/202014/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202326/09/202427/09/2024FrenchPDF
Micro model31/12/202201/09/202301/09/2023FrenchPDF
Micro model31/12/202118/08/202208/12/2022FrenchPDF
Abridged model31/12/202020/08/202124/08/2021FrenchPDF
Abridged model31/12/201931/08/202006/11/2020FrenchPDF
Abridged model31/12/201814/06/201912/07/2019FrenchPDF
Abridged model31/12/201714/06/201824/07/2018FrenchPDF
Abridged model31/12/201614/06/201701/09/2017FrenchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2023 · 4 active · 15 ended

Active mandates

Florence GROSJEAN

Mandate

Active
François LOUIS VLASSIS

Mandate

Active
Kevin Magermans

Mandate

Active
Séverine DUMONT

Mandate

Active

Ended mandates

DENIS NINANE

Vice-chairman of the board of directors · since 18 mai 2017

Ended
ETIENNE GENIN

Director · since 18 mai 2017

Ended
FRANCOIS LOUIS - VLASSIS

Director · since 18 mai 2017

Ended
VALERIE VLASSIS

Vice-chairman of the board of directors · since 18 mai 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Court decision31/01/2025
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Mandates18/07/2024
    Démission
    PDF
  • Mandates07/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other09/06/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates23/12/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/01/2020
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-122,2 k €
  2. 2022
    Annual accounts 2022-47,8 k €
  3. 2021
    Annual accounts 202170 k €
  4. 2020
    Annual accounts 202038,1 k €
  5. 2018
    Annual accounts 2018-33,4 k €
  6. 2017
    Annual accounts 201751,7 k €
  7. 04/12/1996
    IncorporationNon-profit organization