CIBOTECH
InactiveCIBOTECH was declared bankrupt on 21-01-2025 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 17-02-2026, published in the Belgian State Gazette on 20-02-2026.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-05-2024, 61 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
61 d early
2022
55 d early
2021
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 52 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2023, micro schema
Equity
€11,261▼ 48.3%
2022 · €21,766
Total assets
€22,026▼ 48.5%
2022 · €42,767
Net result
-€10,505▼ 12.5%
2022 · -€9,338
Working capital
€5,762▼ 64.0%
2022 · €15,994
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result€34,154--€9,083-€10,106▼ 11.3%
Net result€28,104--€9,338-€10,505▼ 12.5%
Equity€31,104-€21,766▼ 30.0%€11,261▼ 48.3%
Total assets€57,449-€42,767▼ 25.6%€22,026▼ 48.5%
Debt€26,345-€21,001▼ 20.3%€10,765▼ 48.7%
Working capital€25,003-€15,994▼ 36.0%€5,762▼ 64.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10,106 in 2023 against €9,083 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €22,026
Fixed assets
€11,078 ▼ 31.1%
Current assets
€10,948 ▼ 59.0%
Equity and liabilities €22,026
Equity
€11,261 ▼ 48.3%
Debt
€10,765 ▼ 48.7%
Debt's share of the balance-sheet total falls from 49.1% to 48.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€5,114▼
2022 · -€4,091
Cash flow
-€5,513▼
2022 · -€4,346
Current ratio
2.11▼
2022 · 2.49
Debt to equity
0.96▼
2022 · 0.96
ROE
-93.3%▼
2022 · -42.9%
ROA
-47.7%▼
2022 · -21.8%
Interest coverage
-17.44▼
2022 · -15.48
Debt ≤ 1 year
€5,186▼
2022 · €10,703
Debt > 1 year
€5,579▼
2022 · €10,299
Income taxes
€116▲
2022 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,898 | €4,992 | €4,992 | = |
| Other operating charges640/8 | €282 | €259 | €280 | ▲ 8.1% |
| Gross operating margin9900 | €38,334 | -€3,832 | -€4,834 | ▼ 26.2% |
| Operating profit (loss)9901 | €34,154 | -€9,083 | -€10,106 | ▼ 11.3% |
| Financial income75/76B | €28 | €9 | €11 | ▲ 18.9% |
| Recurring financial income75 | €28 | €9 | €11 | ▲ 18.9% |
| Financial charges65/66B | €453 | €264 | €293 | ▲ 11.0% |
| Recurring financial charges65 | €453 | €264 | €293 | ▲ 11.0% |
| Profit (loss) for the period before taxes9903 | €33,729 | -€9,338 | -€10,389 | ▼ 11.3% |
| Income taxes67/77 | €5,625 | €0 | €116 | - |
| Profit (loss) for the period9904 | €28,104 | -€9,338 | -€10,505 | ▼ 12.5% |
| Profit (loss) for the period to be appropriated9905 | €28,104 | -€9,338 | -€10,505 | ▼ 12.5% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €57,449 | €42,767 | €22,026 | ▼ 48.5% |
| Fixed assets21/28 | €21,062 | €16,070 | €11,078 | ▼ 31.1% |
| Tangible fixed assets22/27 | €21,062 | €16,070 | €11,078 | ▼ 31.1% |
| Furniture and vehicles24 | €21,062 | €16,070 | €11,078 | ▼ 31.1% |
| Current assets29/58 | €36,387 | €26,697 | €10,948 | ▼ 59.0% |
| Amounts receivable within one year40/41 | €3,003 | €594 | €2,141 | ▲ 260% |
| Trade receivables40 | €2,555 | €0 | - | - |
| Other amounts receivable41 | €448 | €594 | €2,141 | ▲ 260% |
| Cash at bank and in hand54/58 | €33,133 | €25,836 | €8,533 | ▼ 67.0% |
| Deferred charges and accrued income490/1 | €251 | €267 | €273 | ▲ 2.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €57,449 | €42,767 | €22,026 | ▼ 48.5% |
| Equity10/15 | €31,104 | €21,766 | €11,261 | ▼ 48.3% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €28,104 | €18,766 | €8,261 | ▼ 56.0% |
| Distributable reserves133 | €28,104 | €18,766 | €8,261 | ▼ 56.0% |
| Amounts payable17/49 | €26,345 | €21,001 | €10,765 | ▼ 48.7% |
| Amounts payable after more than one year17 | €14,961 | €10,299 | €5,579 | ▼ 45.8% |
| Financial debts170/4 | €14,961 | €10,299 | €5,579 | ▼ 45.8% |
| Amounts payable within one year42/48 | €11,384 | €10,703 | €5,186 | ▼ 51.5% |
| Current portion of amounts payable after more than one year42 | €4,606 | €4,662 | €4,719 | ▲ 1.2% |
| Trade debts44 | €1,131 | €388 | €71 | ▼ 81.6% |
| Suppliers440/4 | €1,131 | €388 | €71 | ▼ 81.6% |
| Taxes, remuneration and social security45 | €5,647 | €5,652 | €395 | ▼ 93.0% |
| Taxes450/3 | €5,647 | €5,652 | €395 | ▼ 93.0% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,104 | -€9,338 | -€10,505 | ▼ 12.5% |
| + Depreciation and write-downs630 | €3,898 | €4,992 | €4,992 | = |
| Operating cash flow (approximation) | €32,002 | -€4,346 | -€5,513 | ▼ 26.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€7,297 | -€17,302 | ▼ 137% |
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
2026
20-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 17-02-2026
2025
27-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 21-01-2025
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€10,505
Net result drops to -€10,505, the lowest in the series.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARK BRUURS ALPHENSEWEG 12, 2387 BAARLE-
HERTOG |
21-01-2025 → 17-02-2026 |