CM4Cure
0765.658.810 · rovalta.com · 08/11/2026
ACTIVE
CM4Cure
Financial year 2025 · Closed on 31/12/2025
Net result-152,3 k €+57,6 %over 1 year
Gross margin627,2 k €+137,6 %over 1 year
Equity1,8 M €+5,6 %over 1 year
Workforce9,4 ETP+22,1 %over 1 year
Overview
Identity
Source · BCE/KBOCM4Cure is a Public limited company incorporated in 2021. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Liège. It employs on average 9,4 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0765.658.810
- Incorporation
- 25/03/2021
- Legal form
- Public limited company
- Registered office
- Avenue de l'Hôpital 1
4000 Liège · WallonieSee on map - Contributed capital
- 1 050 200,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 9,4 ETP
Activities (NACE)
Signals
Solid equityGood liquidityHealthy social debts
Financials
Source · NBB, 5 filingsTrend over 5 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 627,2 k € | +138% | 264 k € | -17.4% | 319,5 k € | +54.4% | 207 k € | +113% | 97,2 k € |
| EBITDA | -154,8 k € | +57.5% | -364,7 k € | -587% | -53,1 k € | -316% | -12,8 k € | +41.7% | -21,9 k € |
| Operating result | -196,5 k € | +51.1% | -402,2 k € | -476% | -69,9 k € | -169% | -26 k € | +4.4% | -27,1 k € |
| Net result | -152,3 k € | +57.6% | -358,9 k € | -1339% | -24,9 k € | -56.2% | -16 k € | +25.2% | -21,3 k € |
| Balance sheet | |||||||||
| Equity | 1,8 M € | +5.6% | 1,7 M € | +14.1% | 1,5 M € | +67.2% | 878,9 k € | +34.3% | 654,3 k € |
| Total assets | 4,6 M € | +3.1% | 4,4 M € | +86.3% | 2,4 M € | +86.2% | 1,3 M € | +48.3% | 861,6 k € |
| Cash | 229 k € | -84.9% | 1,5 M € | +95.7% | 776,6 k € | +14.1% | 680,6 k € | +4.9% | 648,6 k € |
| Debts | 2,8 M € | +1.5% | 2,8 M € | +204% | 906,6 k € | +180% | 323,8 k € | +56.3% | 207,2 k € |
| Other | |||||||||
| Workforce | 9,4 ETP | +22.1% | 7,7 ETP | +79.1% | 4,3 ETP | – | – | ||
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20255 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Cécile Oury | Director25/03/2021 → 24/03/2027 | ||
| Director25/03/2021 → 24/03/2027 | |||
Patrizio Lancellotti | Director25/03/2021 → 24/03/2027 | ||
| Director25/03/2021 → 24/03/2027 | |||
Colm MCCarthy | Délégué à la gestion Journalière |
Other companies at this address
Avenue de l'Hôpital 1 4000 Liège| Company | CBE no. |
|---|---|
6NERGYPARK● Active | 0741.786.813 |
Belgian Bone Club● Active | 0433.706.301 |
| 0457.350.347 | |
| 0408.297.645 | |
| 0410.083.534 | |
| 0232.988.060 | |
CHU-IMMO● Active | 0768.320.073 |
COLLARD XAVIER KINESITHERAPIE● Active | 0762.550.553 |
| 0690.874.184 | |
Inokura● Active | 0424.658.872 |
THERAtRAME● Active | 0786.448.581 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 25/03/2021 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 10 months |
| Filing date | 29/04/2026 | 24/06/2025 | 10/04/2024 | 04/04/2023 | 29/03/2022 |
| General meeting | 02/04/2026 | 30/04/2025 | 02/04/2024 | 28/03/2023 | 25/03/2022 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 5 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 02/04/2026 | 29/04/2026 | French | |
| Abridged model | 31/12/2024 | 30/04/2025 | 24/06/2025 | French | |
| Abridged model | 31/12/2023 | 02/04/2024 | 10/04/2024 | French | |
| Micro model | 31/12/2022 | 28/03/2023 | 04/04/2023 | French | |
| Micro model | 31/12/2021 | 25/03/2022 | 29/03/2022 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20255 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Cécile Oury | Director25/03/2021 → 24/03/2027 | ||
| Director25/03/2021 → 24/03/2027 | |||
Patrizio Lancellotti | Director25/03/2021 → 24/03/2027 | ||
| Director25/03/2021 → 24/03/2027 | |||
Colm MCCarthy | Délégué à la gestion Journalière |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official GazetteSimilar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
VENTURE COACHING
NOSHAQ PARTNERS
Patrizio Lancellotti
Cécile Oury
Colm MCCarthy
2021202220232024202520262027
CM4CureCMD-COAT SA
Avenue de l'Hôpital 1, 4000 Liège
Director
Director
Director
Director
Délégué à la gestion Journalière
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Avenue de l'Hôpital 1, 4000 LiègeCurrent | accounts 2022 → 2025 | Accounts 2025 · 2026-00099585 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| CM4CureCurrent | accounts 2024 → 2025 | Accounts 2025 · 2026-00099585 |
| CMD-COAT SA | accounts 2022 → 2023 | Accounts 2023 · 2024-00061418 |
Events
- 2025Annual accounts 2025-152,3 k €↑
- 2024Annual accounts 2024-358,9 k €↓
- 2024Name changeCM4Cure
- 2023Annual accounts 2023-24,9 k €↓
- 2022Annual accounts 2022-16 k €↑
- 2021Annual accounts 2021-21,3 k €
- 25/03/2021IncorporationPublic limited company