ACTIVE

CB PROJECTS

Financial year 2026 · closed on 31/03/2026
Net result
47,5 k €
+1136.1% YoY
Gross margin
117,4 k €
+171.7% YoY
Equity
107,1 k €
+19.8% YoY
Workforce
0,6 ETP
+20.0% YoY

What does CB PROJECTS do?

CB PROJECTS is a Private limited company incorporated in 2003. Its main activity is: Construction of roads and motorways. Its registered office is in Heusden-Zolder. It employs on average 0,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0859.614.493
Incorporation
11/07/2003
Legal form
Private limited company
Registered office
Hemelrijk 8
3550 Heusden-Zolder · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2026
Average workforce
0,6 ETP
Joint committees (1)
  • 124
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2026202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin117,4 k €43,2 k €36,2 k €26,9 k €44,8 k €35,9 k €27,5 k €23,8 k €16,4 k €14,1 k €8,9 k €16,5 k €9,6 k €-3,6 k €21,4 k €43,3 k €28,9 k €44,9 k €46,1 k €
EBITDA84,3 k €16,1 k €34,9 k €26,0 k €43,4 k €34,5 k €26,6 k €22,8 k €15,4 k €13,4 k €6,9 k €15,0 k €6,4 k €-5,3 k €19,9 k €41,0 k €26,7 k €42,9 k €42,6 k €
Operating result71,0 k €4,9 k €5,5 k €-5,9 k €18,1 k €10,9 k €3,2 k €3,3 k €3,3 k €4,9 k €1,9 k €8,8 k €-920,7 €-15,0 k €3,3 k €14,8 k €340,8 €12,2 k €7,0 k €
Net result47,5 k €3,8 k €4,6 k €-6,6 k €15,0 k €7,1 k €2,3 k €1,4 k €1,1 k €2,0 k €460,8 €4,0 k €7,1 k €784,7 €3,2 k €7,0 k €-1,6 k €3,7 k €2,9 k €
Balance sheet
Equity107,1 k €89,4 k €85,5 k €80,9 k €87,6 k €72,6 k €69,0 k €66,7 k €65,3 k €64,3 k €62,3 k €61,8 k €57,8 k €50,8 k €50,0 k €46,8 k €39,9 k €41,5 k €37,7 k €
Total assets113,8 k €118,2 k €108,0 k €113,7 k €131,4 k €93,1 k €98,5 k €102,2 k €67,9 k €66,7 k €67,9 k €66,2 k €73,0 k €64,3 k €135,7 k €131,9 k €145,9 k €118,4 k €166,6 k €
Cash58,9 k €45,4 k €50,5 k €36,0 k €38,0 k €33,9 k €11,6 k €19,6 k €6,3 k €4,1 k €9,8 k €16,4 k €15,0 k €1,1 k €14,1 k €19,7 k €12,1 k €4,0 k €2,5 k €
Debts6,7 k €28,8 k €22,4 k €32,8 k €43,8 k €20,6 k €27,9 k €35,5 k €2,6 k €2,4 k €5,6 k €3,6 k €15,2 k €13,6 k €85,7 k €85,1 k €106,1 k €76,9 k €128,9 k €
Other
Workforce0,6 ETP0,5 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 31/03/2026 · 1 active · 1 ended

Active mandates

Bert Caubergs

Director

Active

Ended mandates

Bert Caubergs

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
W.L.S CYCLINGActive
0642.619.852
Annual accounts

Full financial information

202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/09/202631/08/202531/08/202426/10/202322/09/202215/09/2021
General meeting28/08/202629/08/202530/08/202425/08/202326/08/202227/08/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202628/08/202607/09/2026DutchPDF
Abridged model31/03/202529/08/202531/08/2025DutchPDF
Abridged model31/03/202430/08/202431/08/2024DutchPDF
Abridged model31/03/202325/08/202326/10/2023DutchPDF
Abridged model31/03/202226/08/202222/09/2022DutchPDF
Abridged model31/03/202127/08/202115/09/2021DutchPDF
Abridged model31/03/202028/08/202023/09/2020DutchPDF
Abridged model31/03/201930/08/201917/09/2019DutchPDF
Abridged model31/03/201831/08/201801/10/2018DutchPDF
Abridged model31/03/201725/08/201702/10/2017DutchPDF
Abridged model31/03/201626/08/201628/09/2016DutchPDF
Abridged model31/03/201528/08/201530/09/2015DutchPDF
Abridged model31/03/201429/08/201429/09/2014DutchPDF
Abridged model31/03/201330/08/201326/09/2013DutchPDF
Abridged model31/03/201231/08/201227/09/2012DutchPDF
Abridged model31/03/201126/08/201131/10/2011DutchPDF
Abridged model31/03/201027/08/201019/11/2010DutchPDF
Abridged model31/03/200928/08/200905/11/2009DutchPDF
Abridged model31/03/200824/08/200828/11/2008DutchPDF
Abridged model31/03/200724/08/200718/12/2007DutchPDF
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 31/03/2026 · 1 active · 1 ended

Active mandates

Bert Caubergs

Director

Active

Ended mandates

Bert Caubergs

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/09/2023
    WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/12/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/06/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/07/2003
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2026
    Annual accounts 202647,5 k €
  2. 2025
    Annual accounts 20253,8 k €
  3. 2024
    Annual accounts 20244,6 k €
  4. 2023
    Annual accounts 2023-6,6 k €
  5. 2022
    Annual accounts 202215,0 k €
  6. 2021
    Annual accounts 20217,1 k €
  7. 2020
    Annual accounts 20202,3 k €
  8. 2019
    Annual accounts 20191,4 k €
  9. 2018
    Annual accounts 20181,1 k €
  10. 2017
    Annual accounts 20172,0 k €
  11. 2016
    Annual accounts 2016460,8 €
  12. 2015
    Annual accounts 20154,0 k €
  13. 2014
    Annual accounts 20147,1 k €
  14. 2013
    Annual accounts 2013784,7 €
  15. 2012
    Annual accounts 20123,2 k €
  16. 2011
    Annual accounts 20117,0 k €
  17. 2010
    Annual accounts 2010-1,6 k €
  18. 2009
    Annual accounts 20093,7 k €
  19. 2008
    Annual accounts 20082,9 k €
  20. 11/07/2003
    IncorporationPrivate limited company