ACTIVE

CMD PARTNERS

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Financial year 2025 · closed on 30/06/2025
Net result
24,3 k €
+539.4% YoY
Gross margin
233,6 k €
-0.3% YoY
Equity
90,7 k €
+35.5% YoY

What does CMD PARTNERS do?

CMD PARTNERS is a Private limited company incorporated in 2010. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Watermael-Boitsfort.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0829.098.095
Incorporation
06/09/2010
Legal form
Private limited company
Registered office
Chaussée de La Hulpe 150
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
17 000,00 €
Latest accounts
30/06/2025
Activities (NACE)
69201Accounting, bookkeeping and auditing activities; tax consultancy· main69202Accounting, bookkeeping and auditing activities; tax consultancy
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin233,6 k €234,5 k €194,7 k €159,2 k €132,1 k €116,6 k €132,5 k €85 k €52,7 k €51,4 k €41,5 k €38,9 k €17,9 k €7,8 k €10,7 k €
EBITDA52,2 k €29,2 k €28,1 k €25,3 k €35,2 k €26,9 k €35,1 k €16,5 k €4,1 k €17,2 k €14,8 k €16,2 k €15,9 k €6,2 k €9,3 k €
Operating result39,7 k €12,9 k €15,4 k €12,5 k €21,8 k €11,9 k €18 k €-51 k €940 €12,1 k €10 k €10,3 k €10,1 k €953 €3,9 k €
Net result24,3 k €3,8 k €5,3 k €3,3 k €10,2 k €2,8 k €8,2 k €-14,5 k €257 €13,7 k €8,1 k €6,6 k €6,7 k €537 €2,6 k €
Balance sheet
Equity90,7 k €67 k €63,2 k €57,9 k €54,6 k €44,4 k €41,6 k €33,5 k €48 k €47,7 k €41,5 k €33,4 k €26,8 k €20,1 k €19,6 k €
Total assets407,4 k €411,1 k €403,2 k €397,2 k €427,5 k €425 k €436,2 k €455,3 k €103,7 k €113,6 k €74,2 k €63,6 k €44,8 k €35,9 k €37,3 k €
Cash37,1 k €53,5 k €24,9 k €18 k €18,3 k €7,9 k €15,7 k €9 k €39,5 k €20,4 k €11,6 k €10,8 k €14,2 k €2,9 k €4 k €
Debts316,7 k €344,1 k €338,8 k €339,3 k €372,9 k €380,6 k €394,6 k €421,8 k €55,7 k €65,9 k €32,6 k €30,2 k €18 k €15,7 k €17,7 k €
Other
Workforce–––––––––1,0 ETP1,0 ETP1,0 ETP0,1 ETP0,1 ETP0,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 10 ended

Active mandates

BUREAU COMPTABLE MICHEL CISINSKI

Director · 0431.909.821

Represented by Michel Cisinski

Active

Ended mandates

BUREAU COMPTABLE MICHEL CISINSKI

Director · 0431.909.821

Represented by Michel CISINSKI

Ended
BUREAU COMPTABLE MICHEL CISINSKI

Manager · 0431.909.821

Represented by Michel CISINSKI

Ended
BUREAU COMPTABLE MICHEL CISINSKI

Director · 0431.909.821

Represented by Michel CISINSKI

Ended
BUREAU COMPTABLE MICHEL CISINSKI

Director · 0431.909.821

Represented by Michel CISINSKI

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/01/202627/01/202526/01/202426/01/202314/02/202209/02/2021
General meeting05/12/202506/12/202401/12/202303/12/202204/12/202105/12/2020
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202505/12/202528/01/2026FrenchPDF
Micro model30/06/202406/12/202427/01/2025FrenchPDF
Micro model30/06/202301/12/202326/01/2024FrenchPDF
Micro model30/06/202203/12/202226/01/2023FrenchPDF
Micro model30/06/202104/12/202114/02/2022FrenchPDF
Micro model30/06/202005/12/202009/02/2021FrenchPDF
Micro model30/06/201907/12/201931/01/2020FrenchPDF
Micro model30/06/201801/12/201830/01/2019FrenchPDF
Micro modelCorrection30/06/201701/12/201716/03/2018FrenchPDF
Micro model30/06/201701/12/201730/01/2018FrenchPDF
Abridged model30/06/201603/12/201630/01/2017FrenchPDF
Abridged model30/06/201505/12/201501/12/2016FrenchPDF
Abridged model30/06/201405/12/201407/01/2015FrenchPDF
Abridged model30/06/201306/12/201308/01/2014FrenchPDF
Abridged model30/06/201207/12/201204/01/2013FrenchPDF
Abridged model30/06/201102/12/201128/12/2011FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/06/2025 · 1 active · 10 ended

Active mandates

BUREAU COMPTABLE MICHEL CISINSKI

Director · 0431.909.821

Represented by Michel Cisinski

Active

Ended mandates

BUREAU COMPTABLE MICHEL CISINSKI

Director · 0431.909.821

Represented by Michel CISINSKI

Ended
BUREAU COMPTABLE MICHEL CISINSKI

Manager · 0431.909.821

Represented by Michel CISINSKI

Ended
BUREAU COMPTABLE MICHEL CISINSKI

Director · 0431.909.821

Represented by Michel CISINSKI

Ended
BUREAU COMPTABLE MICHEL CISINSKI

Director · 0431.909.821

Represented by Michel CISINSKI

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/02/2024
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/09/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office06/10/2017
    SIEGE SOCIAL
    PDF
  • Mandates15/04/2016
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/09/2014
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other17/09/2010
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2025
    Annual accounts 202524,3 k €↑
  2. 2024
    Annual accounts 20243,8 k €↓
  3. 2023
    Annual accounts 20235,3 k €↑
  4. 2022
    Annual accounts 20223,3 k €↓
  5. 2021
    Annual accounts 202110,2 k €↑
  6. 2020
    Annual accounts 20202,8 k €↓
  7. 2019
    Annual accounts 20198,2 k €↑
  8. 2018
    Annual accounts 2018-14,5 k €↓
  9. 2017
    Annual accounts 2017257 €↓
  10. 2016
    Annual accounts 201613,7 k €↑
  11. 2015
    Annual accounts 20158,1 k €↑
  12. 2014
    Annual accounts 20146,6 k €↓
  13. 2013
    Annual accounts 20136,7 k €↑
  14. 2012
    Annual accounts 2012537 €↓
  15. 2011
    Annual accounts 20112,6 k €
  16. 06/09/2010
    IncorporationPrivate limited company