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Ci-Hans

Active
Private limited companyfounded 2022active for 4 yearsMaretak 99, 9250 Waasmunster, BelgiumKBO/BCE: BE 0792.385.773

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Ci-Hans has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103,667 and a net result of €19,780. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 66% of 2,323 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

Download PDF
Financial year ended
31-12-2025
Filed on
06-03-2026
Format
micro format
Reference
2026-00049769
Turnover
≈ €630,000
Estimated: probably between €440,000 and €910,000
Total assets
€171,722▲ 3.9%
2024 · €165,242
Net result
€19,780
2024 · -€21,746
Working capital
€92,989▲ 42.3%
2024 · €65,338
Trend over the years

2023 to 2025, 3 financial years

The operating result returns to profit in 2025: €34,640 after a loss of €15,782 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€34,640 2025 Net result€19,780 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€136,348--€15,782€34,640
Net result€105,632above the sector's middle half--€21,746below the sector's middle half€19,780within the sector's middle half
Equity€105,632within the sector's middle half-€83,887within the sector's middle half▼ 20.6%€103,667within the sector's middle half▲ 23.6%
Total assets€152,734within the sector's middle half-€165,242within the sector's middle half▲ 8.2%€171,722within the sector's middle half▲ 3.9%
Debt€47,101-€81,356▲ 72.7%€68,055▼ 16.3%
Working capital€75,815within the sector's middle half-€65,338within the sector's middle half▼ 13.8%€92,989within the sector's middle half▲ 42.3%
Solvency69.2%above the sector's middle half-50.8%within the sector's middle half▼ 18.4pp60.4%within the sector's middle half▲ 9.6pp
Current ratio2.61within the sector's middle half-1.80within the sector's middle half▼ 0.812.37within the sector's middle half▲ 0.56
Return on assets (ROA)69.2%above the sector's middle half--13.2%below the sector's middle half▼ 82.3pp11.5%within the sector's middle half▲ 24.7pp
Staff (FTE)8.9-7.1
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171,722
Fixed assets €10,679 ▼ 42.4%
Current assets €161,044 ▲ 9.8%
Equity and liabilities €171,722
Equity €103,667 ▲ 23.6%
Debt €68,055 ▼ 16.3%
Debt's share of the balance-sheet total falls from 49.2% to 39.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€44,511▲
2024 · -€6,809
Cash flow
€29,651▲
2024 · -€12,773
Quick ratio
2.31▲
2024 · 1.70
Debt to equity
0.66▼
2024 · 0.97
ROE
19.1%▲
2024 · -25.9%
Interest coverage
over 100▲
2024 · -25.34
Debt ≤ 1 year
€68,055▼
2024 · €81,356
Income taxes
€14,535▲
2024 · €4,912
Staff costs
€261,177▲
2024 · €166,981
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines

Source: Annual accounts 2025 (PDF), filed with the National Bank on 06-03-2026.

Balance sheet Code20242025
Assets
Total assets20/58€165,242€171,722▲
Fixed assets21/28€18,549€10,679▼
Tangible fixed assets22/27€17,272€9,401▼
Plant, machinery and equipment23€6,945€6,334▼
Furniture and vehicles24€10,327€3,067▼
Financial fixed assets28€1,277€1,277=
Current assets29/58€146,693€161,044▲
Stocks and contracts in progress3€8,000€3,500▼
Stocks30/36€8,000€3,500▼
Amounts receivable within one year40/41€26,603€71,062▲
Trade receivables40€15,395€29,423▲
Other amounts receivable41€11,208€41,639▲
Cash at bank and in hand54/58€112,090€86,482▼
Equity and liabilities
Total equity and liabilities10/49€165,242€171,722▲
Equity10/15€83,887€103,667▲
Reserves13€105,632€105,632=
Distributable reserves133€105,632€105,632=
Profit (loss) carried forward14-€21,746-€1,965▲
Amounts payable17/49€81,356€68,055▼
Amounts payable within one year42/48€81,356€68,055▼
Trade debts44€8,943€9,676▲
Suppliers440/4€8,943€9,676▲
Taxes, remuneration and social security45€66,736€57,902▼
Taxes450/3€38,798€19,724▼
Remuneration and social security454/9€27,939€38,177▲
Other amounts payable47/48€5,676€477▼
Income statement Code20242025
Remuneration, social security and pensions62€166,981€261,177▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,973€9,870▲
Other operating charges640/8€10,584€6,943▼
Gross operating margin9900€170,756€312,631▲
Operating profit (loss)9901-€15,782€34,640▲
Financial income75/76B€2€1▼
Recurring financial income75€2€1▼
Financial charges65/66B€1,054€325▼
Recurring financial charges65€269€325▲
Non-recurring financial charges66B€785-
Profit (loss) for the period before taxes9903-€16,834€34,316▲
Income taxes67/77€4,912€14,535▲
Profit (loss) for the period9904-€21,746€19,780▲
Profit (loss) for the period to be appropriated9905-€21,746€19,780▲
Appropriation of the result
Profit (loss) to be appropriated9906-€21,746-€1,965▲
Profit (loss) brought forward from the previous period14P--€21,746

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line202320242025Change
Remuneration, social security and pensions62€168,848€166,981€261,177▲ 56.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,363€8,973€9,870▲ 10.0%
Other operating charges640/8€7,472€10,584€6,943▼ 34.4%
Gross operating margin9900€321,031€170,756€312,631▲ 83.1%
Operating profit (loss)9901€136,348-€15,782€34,640-
Financial income75/76B€0€2€1▼ 46.3%
Recurring financial income75€0€2€1▼ 46.3%
Financial charges65/66B€1,435€1,054€325▼ 69.1%
Recurring financial charges65€1,435€269€325▲ 21.1%
Non-recurring financial charges66B-€785--
Profit (loss) for the period before taxes9903€134,913-€16,834€34,316-
Income taxes67/77€29,281€4,912€14,535▲ 196%
Profit (loss) for the period9904€105,632-€21,746€19,780-
Profit (loss) for the period to be appropriated9905€105,632-€21,746€19,780-
Line202320242025Change
Assets
Total assets20/58€152,734€165,242€171,722▲ 3.9%
Fixed assets21/28€29,818€18,549€10,679▼ 42.4%
Tangible fixed assets22/27€28,541€17,272€9,401▼ 45.6%
Plant, machinery and equipment23€6,666€6,945€6,334▼ 8.8%
Furniture and vehicles24€21,875€10,327€3,067▼ 70.3%
Financial fixed assets28€1,277€1,277€1,277=
Current assets29/58€122,916€146,693€161,044▲ 9.8%
Stocks and contracts in progress3-€8,000€3,500▼ 56.3%
Stocks30/36-€8,000€3,500▼ 56.3%
Amounts receivable within one year40/41€56,652€26,603€71,062▲ 167%
Trade receivables40€52,520€15,395€29,423▲ 91.1%
Other amounts receivable41€4,132€11,208€41,639▲ 271%
Cash at bank and in hand54/58€66,264€112,090€86,482▼ 22.8%
Equity and liabilities
Total equity and liabilities10/49€152,734€165,242€171,722▲ 3.9%
Equity10/15€105,632€83,887€103,667▲ 23.6%
Reserves13€105,632€105,632€105,632=
Distributable reserves133€105,632€105,632€105,632=
Profit (loss) carried forward14--€21,746-€1,965▲ 91.0%
Amounts payable17/49€47,101€81,356€68,055▼ 16.3%
Amounts payable within one year42/48€47,101€81,356€68,055▼ 16.3%
Trade debts44€6,175€8,943€9,676▲ 8.2%
Suppliers440/4€6,175€8,943€9,676▲ 8.2%
Taxes, remuneration and social security45€36,779€66,736€57,902▼ 13.2%
Taxes450/3€29,625€38,798€19,724▼ 49.2%
Remuneration and social security454/9€7,154€27,939€38,177▲ 36.6%
Other amounts payable47/48€4,148€5,676€477▼ 91.6%
Line202320242025Change
Profit (loss) for the period9904€105,632-€21,746€19,780-
+ Depreciation and write-downs630€8,363€8,973€9,870▲ 10.0%
Operating cash flow (approximation)€113,996-€12,773€29,651-
Investment in fixed assets (approximation)-€2,296-€2,000-
Change in cash-€45,826-€25,608-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2025 micro format 06-03-2026 2026-00049769 PDF
31-12-2024 micro format 30-07-2025 2025-00330955 PDF
31-12-2023 micro format 27-03-2024 2024-00050344 PDF

Similar companies · same sector, comparable size

Of the 695 active companies whose main activity is coating of metals (NACE 25510), figures are known for 414. 284 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.