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Cicero Hvac

Active
Private limited companyfounded 2025active for 1 yearWeg naar Zwartberg 81, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 1022.077.023
Summary

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 34,902 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

Official details

Source: KBO
Status
Active since 08-04-2025 Normal situation
Activity
Plumbing work NACE 43221and 4 others
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.372.738.675 3530 Houthalen-Helchteren, since 08-04-2025
Financial year end
31 December
Peppol
Reachable since 30-05-2025

Board and ownership

Board
and 1 other

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.0%
Annual accounts 2025
Gross margin
€123,947
Turnover
≈ €380,000
estimated
Profit
€44,331
Equity
€47,331
Total assets
€151,636
Employees on 31-12-2025
3
  • 2025 accounts filed 61 days after the deadline
Filed on 30-09-2026
Score breakdownraises riskFounded in 2025Last filed accounts filed 61 days late; 1 of the last 3 accounts 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 stronger than 46% of micro companies in specialised construction (NACE 43)
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 within 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).

Sector median 0.7% (47,674 companies, NACE 43, micro)
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 11-2026: 3.0%● unchanged vs 10-2026highest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.36, below the usual 1.5. Short-term debt is 68.8% and cash 8.7% of total assets. 68.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 33% of them on solvency, 14% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €151,636
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 filing
Deviation from the deadline
2025
61 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Positive: Higher net result than 84% of companies in specialised constructionsector median €10,227 · 34,889 companies €44,331 View

Recent changes

  1. · Gazette deed IncorporationStarting capital €3,000 · Appointments: CICERO Silvio Stefano Dimitri, CICERO Fabio Salvatore Emmanuel and 2 others · Permanent representative: CICERO André Gabrieli
All 2 events

Comparable companies

These companies have the same main activity as Cicero Hvac: plumbing work (NACE 43221). They are comparable in size and age: total assets between €139,000 and €174,000, founded between 2024 and 2025.

CompanyTotal assetsGross margin
Cicero Hvac Houthalen-Helchteren€151,636€123,947
E & D HOME SOLUTIONS Verviers€169,861€123,457
Seppe De Clerck Sanitair en Verwarming Beveren-Kruibeke-Zwijndrecht€145,627€107,005
CDT Lessines€146,199€111,430
MARLIER HVAC Anzegem€139,143€108,448
DOMECIJN JARI Sint-Laureins€151,802€118,315
N-J Technics Beringen€173,756€131,995
Full comparison

Key facts about Cicero Hvac

What is the company number of Cicero Hvac?
The company number of Cicero Hvac is 1022.077.023. The VAT number is the same 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?
The legal form of Cicero Hvac is Private limited company (BV).
When was Cicero Hvac founded?
Cicero Hvac was 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?
Cicero Hvac had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Cicero Hvac fall under?
In its 2025 annual accounts, Cicero Hvac states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of Cicero Hvac?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €123,947 and 87 comparable companies (NACE 432). It probably lies between €310,000 and €460,000.
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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