ALCYONIS DEVELOPMENT
ActiveSummary
ALCYONIS DEVELOPMENT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €530k and a net result of €32k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 81% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-19
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 6.84 against 7.2 in 2024; short-term debt: 13.1% and cash: 0.9% of total assets), and 17.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.1%
Return on assets
4.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
on the day
2021
on the day
2020
1 d late
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€252k
EBIT margin
19.0%
Net result
€32k▼ 68.1%
2024 · €100k
2019: €24klowest in 7 years
2020: €41k▲ +71.1% vs 2019
2021: €37k▼ -10.5% vs 2020
2022: €60k▲ +64.8% vs 2021
2023: €46k▼ -23.5% vs 2022
2024: €100k▲ +115% vs 2023highest in 7 years
2025: €32k▼ -68.1% vs 2024
2019 → 2025
Working capital
€494k▲ 2.4%
2024 · €482k
2019: €7klowest in 7 years
2020: €228k▲ +3407% vs 2019
2021: €233k▲ +2.3% vs 2020
2022: €286k▲ +22.5% vs 2021
2023: €307k▲ +7.4% vs 2022
2024: €482k▲ +56.9% vs 2023
2025: €494k▲ +2.4% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€350k-€410k▲ 17.3%€435k▲ 6.1%€522k▲ 20.0%€530k▲ 1.5%
2021: €350klowest in 5 years
2022: €410k▲ +17.3% vs 2021
2023: €435k▲ +6.1% vs 2022
2024: €522k▲ +20.0% vs 2023
2025: €530k▲ +1.5% vs 2024highest in 5 years
Operating result€57k-€78k▲ 37.1%€80k▲ 2.2%€136k▲ 69.8%€49k▼ 63.6%
2021: €57k
2022: €78k▲ +37.1% vs 2021
2023: €80k▲ +2.2% vs 2022
2024: €136k▲ +69.8% vs 2023highest in 5 years
2025: €49k▼ -63.6% vs 2024lowest in 5 years
Net result€37k-€60k▲ 64.8%€46k▼ 23.5%€100k▲ 115%€32k▼ 68.1%
2021: €37k
2022: €60k▲ +64.8% vs 2021
2023: €46k▼ -23.5% vs 2022
2024: €100k▲ +115% vs 2023highest in 5 years
2025: €32k▼ -68.1% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €645k
Fixed assets
€67k ▼ 21.4%
Current assets
€578k ▲ 3.3%
Equity and liabilities €645k
Equity
€530k ▲ 1.5%
Provisions
€16k =
Debt
€100k ▼ 7.0%
Debt's share of the balance-sheet total falls from 16.7% to 15.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€75k▼
2024 · €162k
Cash flow
€58k▼
2024 · €126k
Current ratio
6.84▼
2024 · 7.20
Debt to equity
0.19▼
2024 · 0.21
ROE
6.0%▼
2024 · 19.1%
ROA
4.9%▼
2024 · 15.4%
Interest coverage
5.31▼
2024 · 11.42
Debt ≤ 1 year
€85k▲
2024 · €78k
Debt > 1 year
€15k▼
2024 · €30k
Income taxes
€21k▼
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€645k€645k=
Fixed assets21/28€86k€67k▼
Intangible fixed assets21€15-
Tangible fixed assets22/27€83k€64k▼
Land and buildings22€42k€36k▼
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€38k€23k▼
Financial fixed assets28€3k€3k=
Current assets29/58€560k€578k▲
Amounts receivable within one year40/41€73k€86k▲
Trade receivables40€62k€61k▼
Other amounts receivable41€11k€26k▲
Current investments50/53€423k€482k▲
Cash at bank and in hand54/58€61k€6k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€645k€645k=
Equity10/15€522k€530k▲
Contributions10/11€40k€40k=
Reserves13€390k€490k▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€48k€48k=
Distributable reserves133€338k€438k▲
Profit (loss) carried forward14€92k-
Provisions and deferred taxes16€16k€16k=
Deferred taxes168€16k€16k=
Amounts payable17/49€107k€100k▼
Amounts payable after more than one year17€30k€15k▼
Financial debts170/4€30k€15k▼
Amounts payable within one year42/48€78k€85k▲
Current portion of amounts payable after more than one year42€30k€19k▼
Financial debts43-€11k
Credit institutions430/8-€11k
Trade debts44€21k€7k▼
Suppliers440/4€21k€7k▼
Taxes, remuneration and social security45€14k€23k▲
Taxes450/3€14k€23k▲
Other amounts payable47/48€13k€24k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€26k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€1k€2k▲
Gross operating margin9900€163k€79k▼
Operating profit (loss)9901€136k€49k▼
Financial income75/76B€25k€18k▼
Recurring financial income75€25k€18k▼
Financial charges65/66B€14k€14k▼
Recurring financial charges65€14k€14k▼
Profit (loss) for the period before taxes9903€146k€53k▼
Transfer to deferred taxes680€16k-
Income taxes67/77€31k€21k▼
Profit (loss) for the period9904€100k€32k▼
Transfer to tax-exempt reserves689€48k-
Profit (loss) for the period to be appropriated9905€52k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€144k€124k▼
Profit (loss) brought forward from the previous period14P€92k€92k=
Transfer from equity791/2€13k€24k▲
Transfer to equity691/2€52k€124k▲
To other reserves6921€52k€124k▲
Profit to be distributed694/7€13k€24k▲
Return on contributions (dividend)694€13k€24k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €18k | €21k | €26k | €26k | ▼ 1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €2k | - |
| Other operating charges640/8 | - | €922 | €2k | €1k | €2k | ▲ 23.4% |
| Gross operating margin9900 | €71k | €97k | €104k | €163k | €79k | ▼ 51.7% |
| Operating profit (loss)9901 | €57k | €78k | €80k | €136k | €49k | ▼ 63.6% |
| Financial income75/76B | - | €8k | €8k | €25k | €18k | ▼ 27.2% |
| Recurring financial income75 | €4k | €8k | €8k | €25k | €18k | ▼ 27.2% |
| Financial charges65/66B | - | €3k | €15k | €14k | €14k | ▼ 0.1% |
| Recurring financial charges65 | €3k | €3k | €15k | €14k | €14k | ▼ 0.1% |
| Profit (loss) for the period before taxes9903 | €57k | €84k | €73k | €146k | €53k | ▼ 63.6% |
| Transfer to deferred taxes680 | - | - | - | €16k | - | - |
| Income taxes67/77 | €21k | €23k | €27k | €31k | €21k | ▼ 30.1% |
| Profit (loss) for the period9904 | €37k | €60k | €46k | €100k | €32k | ▼ 68.1% |
| Transfer to tax-exempt reserves689 | - | - | - | €48k | - | - |
| Profit (loss) for the period to be appropriated9905 | €37k | €60k | €46k | €52k | €32k | ▼ 38.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €471k | €532k | €584k | €645k | €645k | = |
| Fixed assets21/28 | €181k | €176k | €188k | €86k | €67k | ▼ 21.4% |
| Intangible fixed assets21 | €427 | €848 | €432 | €15 | - | - |
| Tangible fixed assets22/27 | €177k | €172k | €185k | €83k | €64k | ▼ 22.2% |
| Land and buildings22 | - | €128k | €128k | €42k | €36k | ▼ 14.7% |
| Plant, machinery and equipment23 | - | €8k | €5k | €3k | €5k | ▲ 88.1% |
| Furniture and vehicles24 | - | €36k | €52k | €38k | €23k | ▼ 38.8% |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €290k | €356k | €396k | €560k | €578k | ▲ 3.3% |
| Amounts receivable within one year40/41 | €13k | €23k | €19k | €73k | €86k | ▲ 18.7% |
| Trade receivables40 | - | €12k | €19k | €62k | €61k | ▼ 1.8% |
| Other amounts receivable41 | - | €11k | €538 | €11k | €26k | ▲ 131% |
| Current investments50/53 | €260k | €309k | €349k | €423k | €482k | ▲ 14.0% |
| Cash at bank and in hand54/58 | €17k | €23k | €25k | €61k | €6k | ▼ 90.1% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | €2k | €3k | ▲ 42.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €471k | €532k | €584k | €645k | €645k | = |
| Equity10/15 | €350k | €410k | €435k | €522k | €530k | ▲ 1.5% |
| Contributions10/11 | - | €40k | €40k | €40k | €40k | = |
| Reserves13 | €277k | €278k | €303k | €390k | €490k | ▲ 25.6% |
| Non-distributable reserves130/1 | - | €4k | €4k | €4k | €4k | = |
| Reserves not available under the articles1311 | - | €4k | €4k | €4k | €4k | = |
| Tax-exempt reserves132 | - | - | - | €48k | €48k | = |
| Distributable reserves133 | - | €274k | €299k | €338k | €438k | ▲ 29.6% |
| Profit (loss) carried forward14 | €32k | €92k | €92k | €92k | - | - |
| Provisions and deferred taxes16 | - | - | - | €16k | €16k | = |
| Deferred taxes168 | - | - | - | €16k | €16k | = |
| Amounts payable17/49 | €121k | €122k | €149k | €107k | €100k | ▼ 7.0% |
| Amounts payable after more than one year17 | €64k | €52k | €60k | €30k | €15k | ▼ 48.3% |
| Financial debts170/4 | - | €52k | €60k | €30k | €15k | ▼ 48.3% |
| Amounts payable within one year42/48 | €57k | €71k | €89k | €78k | €85k | ▲ 8.8% |
| Current portion of amounts payable after more than one year42 | - | €26k | €29k | €30k | €19k | ▼ 34.6% |
| Financial debts43 | - | - | - | - | €11k | - |
| Credit institutions430/8 | - | - | - | - | €11k | - |
| Trade debts44 | €14k | €22k | €24k | €21k | €7k | ▼ 66.0% |
| Suppliers440/4 | - | €22k | €24k | €21k | €7k | ▼ 66.0% |
| Taxes, remuneration and social security45 | - | €23k | €14k | €14k | €23k | ▲ 59.5% |
| Taxes450/3 | - | €23k | €14k | €14k | €23k | ▲ 59.5% |
| Other amounts payable47/48 | - | €0 | €21k | €13k | €24k | ▲ 87.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37k | €60k | €46k | €100k | €32k | ▼ 68.1% |
| + Depreciation and write-downs630 | €12k | €18k | €21k | €26k | €26k | ▼ 1.7% |
| Operating cash flow (approximation) | €49k | €78k | €68k | €126k | €58k | ▼ 54.2% |
| Investment in fixed assets (approximation) | - | €-13k | €-34k | €76k | €-7k | ▼ 110% |
| Change in cash | - | €6k | €2k | €36k | €-55k | ▼ 252% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €100k ▲115%
Operating result €136k, net result €100k, both a record.
30-06
Financial
Equity above €500kEq €522k ▲20%
6 profitable years in a row build equity to €522k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Liquidity quadruplescurrent ratio 4.19
Current ratio from 1.12 to 4.19.
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2005
Ground area
8,304 m²
Building footprint
2,851 m²
Volume, LiDAR
24,751 m³
Parcel 92095B0228/00H000, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ALCYONIS DEVELOPMENT
since 20052.145.722.251
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92095B0228/00H000 | Wallonia | 8,304 m² | 1 · 2,851 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
8755001LV2V8X6UTFE19
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,342 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-01-2005
Fiscal year end30-06
Abbreviation FR
ALCYONIS
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
Contact
Website
www.alcyonis-development.com
E-mail
info@alcyonis-development.com
Scores and ratios are computed by Checked and are not a credit decision.