Financials
- Financial year
- 2025
- Total assets
- €151,636
- Profit
- €44,331
- Solvency
- 31.2%
Cicero Hvac
ActiveSummary
The computed 12-month bankruptcy probability of Cicero Hvac is 3.0% (moderate). The 2025 annual accounts show equity of €47,331 and a net result of €44,331. Its solvency ranks better than 33% of 34,807 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Plumbing work
NACE 43221Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
1 site
Size
≈ €380,000turnover 2025, estimated
- Staff
- 1 FTE
- Equity
- €47,331
- Profit
- €44,331
Turnover estimated from the gross margin
Structure
- Board
- 4 members
2025 accounts filed 61 days late
Why 51raises riskFounded in 2025Last filed accounts filed 61 days late; 1 of the last 3 lateSize: total assets €151,636Sector: Specialised construction activities (NACE 43)Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 46% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency
56
equity 31.2% of total assets
Liquidity
24
short-term debt 68.8% · cash 8.7%
Profitability
100
return on assets 29.2%
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 1.9%lowest value
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 2.0%▲ +0.1 percentage points vs 06-2026
08-2026: 2.4%▲ +0.4 percentage points vs 07-2026
09-2026: 2.4%● unchanged vs 08-2026
10-2026: 3.0%▲ +0.6 percentage points vs 09-2026highest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.36, below the usual 1.5; short-term debt: 68.8% and cash: 8.7% of total assets), and 68.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 33% on solvency, 14% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
61 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointments: CICERO Silvio Stefano Dimitri…
Key points
By topic
Board & ownership
- Board
- 4 members
- CICERO ANDREADirector
- CICERO Fabio Salvatore EmmanuelDirector
- CICERO Gianluca Paolo IvanoDirector
- CICERO Silvio Stefano DimitriDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Plumbing workNACE 43221
- Founded
- 08-04-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 16
- Purpose
- “Het onderhouden en afstellen van branders,gevoed met vloeibare brandstoffen;het plaatsen…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Key facts about Cicero Hvac
- What is the company number of Cicero Hvac?
- 1022.077.023. In Belgium the VAT number is the company number with BE in front: BE 1022.077.023.
- Where is Cicero Hvac based?
- The registered office is at Weg naar Zwartberg 81, 3530 Houthalen-Helchteren.Company details
- What does Cicero Hvac do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of Cicero Hvac?
- Private limited company (BV).
- When was Cicero Hvac founded?
- On 08-04-2025.
- Is Cicero Hvac still active?
- Yes, Cicero Hvac is an active enterprise in the KBO register.
- How many employees does Cicero Hvac have?
- On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Cicero Hvac?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is Cicero Hvac profitable?
- In financial year 2025, Cicero Hvac made a profit of €44,331.
- Where can I find the annual accounts of Cicero Hvac?
- Cicero Hvac filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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