CICERO RENOV
InactiveCICERO RENOV was declared bankrupt on 24-12-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 16-12-2025, published in the Belgian State Gazette on 24-12-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four 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 31-12-2023, 3 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 · 6 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 09-10-2023, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
70 d late
2021
60 d late
2020
21 d late
2019
108 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€-13k▼ 54.0%
2021 · €-9k
2018: €17k
2019: €-26k
2020: €-12k
2021: €-9k
2018 → 2022
Total assets
€92k▲ 50.5%
2021 · €61k
2018: €44k
2019: €52k
2020: €62k
2021: €61k
2018 → 2022
Net result
€-5k
2021 · €3k
2018: €5k
2019: €-42k
2020: €14k
2021: €3k
2018 → 2022
Working capital
€-17k▼ 74.8%
2021 · €-10k
2018: €17k
2019: €-26k
2020: €-12k
2021: €-10k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€17k-€-26k€-12k▲ 54.1%€-9k▲ 27.5%€-13k▼ 54.0%
Operating result€7k-€-35k€18k€9k▼ 51.6%€1k▼ 88.5%
Net result€5k-€-42k€14k€3k▼ 76.7%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2022 is 89% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €92k
Fixed assets
€4k▲ 242%
Current assets
€88k▲ 47.1%
Key figures and ratios
Solvency
-14.2%▼
2021 · -13.9%
Current ratio
0.84▼
2021 · 0.86
Quick ratio
0.84▲
2021 · 0.38
Debt / equity
-8.02▲
2021 · -8.19
ROA
-5.0%▼
2021 · 5.3%
Debt
€105k▲
2021 · €70k
Debt ≤ 1 year
€105k▲
2021 · €70k
Income taxes
€145▼
2021 · €320
Staff costs
€47k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€61k€92k▲
Fixed assets21/28€1k€4k▲
Tangible fixed assets22/27€939-
Furniture and vehicles24€939-
Financial fixed assets28€115€4k▲
Current assets29/58€60k€88k▲
Stocks and contracts in progress3€34k-
Contracts in progress37€34k-
Amounts receivable within one year40/41€24k€80k▲
Trade receivables40€17k€67k▲
Other amounts receivable41€7k€13k▲
Deferred charges and accrued income490/1€2k€9k▲
Equity and liabilities
Total equity and liabilities10/49€61k€92k▲
Equity10/15€-9k€-13k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-17k€-21k▼
Amounts payable17/49€70k€105k▲
Amounts payable within one year42/48€70k€105k▲
Financial debts43€34k€39k▲
Credit institutions430/8€34k€39k▲
Trade debts44€21k€56k▲
Suppliers440/4€21k€56k▲
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€6k€2k▼
Remuneration and social security454/9€2k€7k▲
Other amounts payable47/48€6k-
Income statement
Code20212022
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62-€47k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€34k
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€3k-
Gross operating margin9900€15k€85k▲
Operating profit (loss)9901€9k€1k▼
Financial income75/76B-€434
Recurring financial income75-€434
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€4k€-4k▼
Income taxes67/77€320€145▼
Profit (loss) for the period9904€3k€-5k▼
Profit (loss) for the period to be appropriated9905€3k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-21k▼
Profit (loss) brought forward from the previous period14P€-20k€-17k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · CICERO RENOV BV PASTOOR COOREMANSSTRAAT 3, 1702 DILBEEK · event 16-12-2025
2024
31-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · CICERO RENOV BV PASTOOR COOREMANSSTRAAT 3, 1702- DILBEEK · event 24-12-2024
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
21-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 21 days late
2020
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
31-12
Financial
Weakest financial yearnet €-42k ▼1020%
Net result drops to €-42k, the lowest in the series.
08-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 100 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN VERBEKE LAKENSESTRAAT 154 B11,
1000 BRUSSEL 1 |
24-12-2024 → present |