ACTIVE

CB LOGIC

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Financial year 2025 · closed on 31/05/2025

Net result

9,5 k €

-70.7% YoY

Gross margin

105 k €

-16.6% YoY

Equity

432,2 k €

+2.3% YoY

What does CB LOGIC do?

CB LOGIC is a Private limited company incorporated in 1997. Its registered office is in Forest.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.684.078

Incorporation

20/05/1997

Legal form

Private limited company

Registered office

Rue Max Waller 22
1190 Forest · BruxellesSee on map

Contributed capital

18 592,00 €

Latest accounts

31/05/2025

Joint committees (3)

14901
200
218

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	105 k €	-16.6%	126 k €	-55.2%	281,3 k €	+116%	129,9 k €	+20.4%	107,9 k €	+9.6%	98,5 k €	+37.9%	71,4 k €	+23.6%	57,8 k €	-5.4%	61,1 k €	+30.7%	46,7 k €	-2.8%	48,1 k €	+616%	-9,3 k €	-109%	100,7 k €	+283%	26,3 k €	-17.7%	32 k €	+442%	-9,4 k €	-104%	240,3 k €
EBITDA	59 k €	-30.0%	84,3 k €	-58.2%	201,6 k €	+91.2%	105,4 k €	+33.7%	78,8 k €	+28.4%	61,4 k €	-7.6%	66,4 k €	+26.0%	52,7 k €	-6.3%	56,2 k €	+33.4%	42,1 k €	-4.2%	44 k €	+366%	-16,5 k €	-131%	54 k €	+985%	5 k €	-82.5%	28,3 k €	+241%	-20,1 k €	-114%	141 k €
Operating result	16,6 k €	-63.0%	44,8 k €	-61.2%	115,6 k €	+85.2%	62,4 k €	+74.1%	35,9 k €	+153%	14,2 k €	-49.9%	28,3 k €	+52.7%	18,6 k €	-26.9%	25,4 k €	+82.9%	13,9 k €	-19.9%	17,3 k €	+130%	-57,3 k €	-796%	8,2 k €	+118%	-46,3 k €	-224%	-14,3 k €	+79.8%	-70,8 k €	-268%	42,2 k €
Net result	9,5 k €	-70.7%	32,4 k €	-62.0%	85,3 k €	+69.1%	50,4 k €	+60.0%	31,5 k €	+110%	15 k €	-25.3%	20,1 k €	+35.5%	14,8 k €	-31.4%	21,6 k €	-27.1%	29,6 k €	+15.0%	25,7 k €	+144%	-59,1 k €	-9388%	636 €	+101%	-47,4 k €	-185%	-16,6 k €	+75.4%	-67,4 k €	-119%	346,1 k €
Balance sheet
Equity	432,2 k €	+2.3%	422,7 k €	+5.6%	400,3 k €	+20.2%	333 k €	+10.8%	300,6 k €	+4.4%	287,9 k €	+1.0%	284,9 k €	+2.9%	276,8 k €	+1.0%	274 k €	+8.5%	252,5 k €	+13.3%	222,9 k €	+13.1%	197,1 k €	-23.1%	256,2 k €	+0.2%	255,6 k €	-15.6%	302,9 k €	-5.2%	319,5 k €	-17.4%	386,9 k €
Total assets	575,6 k €	-7.8%	624,3 k €	-4.2%	651,9 k €	+16.7%	558,4 k €	-4.1%	582,4 k €	-4.5%	609,9 k €	+4.8%	581,8 k €	-2.4%	596,2 k €	-0.4%	598,4 k €	-2.0%	610,5 k €	-2.7%	627,3 k €	-3.6%	650,7 k €	-18.1%	795 k €	-6.1%	846,2 k €	+0.4%	842,7 k €	+6.1%	794,2 k €	-13.0%	913 k €
Cash	15,9 k €	-36.9%	25,2 k €	-56.0%	57,3 k €	+0.4%	57,1 k €	+15.3%	49,5 k €	+285%	12,8 k €	+126%	5,7 k €	-54.4%	12,5 k €	+318%	3 k €	+255%	840 €	-29.1%	1,2 k €	-53.7%	2,6 k €	-82.5%	14,6 k €	-12.7%	16,8 k €	-36.8%	26,6 k €	+102%	13,1 k €	-71.7%	46,3 k €
Debts	107,8 k €	-31.0%	156,2 k €	-23.0%	203 k €	+18.9%	170,7 k €	-22.2%	219,5 k €	-12.5%	250,7 k €	+15.5%	217,1 k €	-5.8%	230,4 k €	+2.0%	225,8 k €	-10.5%	252,3 k €	-12.7%	288,8 k €	-12.5%	330,2 k €	-19.0%	407,5 k €	-9.3%	449,4 k €	+15.0%	390,7 k €	+23.1%	317,3 k €	-10.7%	355,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		0,1 ETP	-93.3%	1,5 ETP	+114%	0,7 ETP		–		–		5,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/05/2025 · 1 active · 1 ended

Active mandates

Christophe Beghin

Director

Active

Ended mandates

Christophe Beghin

Manager

Ended

At this address

Other companies at this address

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BELGOBRAS● Active	0849.797.105
G.C.M● Active	0441.697.319
R-BAT● Active	0795.193.132
Seven PRO● Active	0657.754.723
TRASOR● Active	0444.843.384

Annual accounts

Full financial information

	2025	2024	2023	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/06/2024	01/06/2023	01/07/2021	01/07/2020	01/07/2019	01/07/2018
Closing of the financial year	31/05/2025	31/05/2024	31/05/2023	30/06/2021	30/06/2020	30/06/2019
Length of the financial year	12 months	12 months	23 months	12 months	12 months	12 months
Filing date	24/12/2025	31/12/2024	03/01/2024	28/02/2022	02/02/2021	29/11/2019
General meeting	05/12/2025	02/12/2024	30/11/2023	07/02/2022	04/01/2021	07/10/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/05/2025	05/12/2025	24/12/2025	French	PDF
Micro model	31/05/2024	02/12/2024	31/12/2024	French	PDF
Micro model	31/05/2023	30/11/2023	03/01/2024	French	PDF
Micro model	30/06/2021	07/02/2022	28/02/2022	French	PDF
Micro model	30/06/2020	04/01/2021	02/02/2021	French	PDF
Micro model	30/06/2019	07/10/2019	29/11/2019	French	PDF
Micro model	30/06/2018	05/11/2018	29/11/2018	French	PDF
Micro model	30/06/2017	06/11/2017	30/11/2017	French	PDF
Abridged model	30/06/2016	07/11/2016	30/11/2016	French	PDF
Abridged model	30/06/2015	14/12/2015	14/01/2016	French	PDF
Abridged model	30/06/2014	15/12/2014	14/01/2015	French	PDF
Abridged model	30/06/2013	03/02/2014	17/02/2014	French	PDF
Abridged model	30/06/2012	04/02/2013	28/02/2013	French	PDF
Abridged model	30/06/2011	05/03/2012	15/03/2012	French	PDF
Abridged model	30/06/2010	26/01/2011	24/02/2011	French	PDF
Abridged model	30/06/2009	25/01/2010	24/02/2010	French	PDF
Abridged model	30/06/2008	22/12/2008	27/02/2009	French	PDF
Abridged model	30/06/2007	24/12/2007	27/02/2008	French	PDF
Abridged model	30/06/2006	29/01/2007	15/02/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/05/2025 · 1 active · 1 ended

Active mandates

Christophe Beghin

Director

Active

Ended mandates

Christophe Beghin

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/07/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE
PDF
Mandates30/10/2008
DENOMINATION - OBJET
PDF
Mandates20/06/2005
DENOMINATION - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office09/07/2004
SIEGE SOCIAL
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

2025
Annual accounts 20259,5 k €↓
2024
Annual accounts 202432,4 k €↓
2023
Annual accounts 202385,3 k €↑
2021
Annual accounts 202150,4 k €↑
2020
Annual accounts 202031,5 k €↑
2019
Annual accounts 201915 k €↓
2018
Annual accounts 201820,1 k €↑
2017
Annual accounts 201714,8 k €↓
2016
Annual accounts 201621,6 k €↓
2015
Annual accounts 201529,6 k €↑
2014
Annual accounts 201425,7 k €↑
2013
Annual accounts 2013-59,1 k €↓
2012
Annual accounts 2012636 €↑
2011
Annual accounts 2011-47,4 k €↓
2010
Annual accounts 2010-16,6 k €↑
2009
Annual accounts 2009-67,4 k €↓
2008
Annual accounts 2008346,1 k €
20/05/1997
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CB LOGIC

Overview

What does CB LOGIC do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline