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CICOTRA

Active
Private limited companyfounded 2013active for 13 yearsRue de Braine(H-A) 15, 7110 La Louvière, BelgiumKBO/BCE: BE 0502.760.106
Summary

CICOTRA has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €330,676 and a net result of €31,225. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 73% of 9,122 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€279,016turnover 2025
Staff
2.3 FTE
Equity
€330,676
Profit
€31,225
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts filed 31 days late0 of 5 deeds read
Why 84raises riskLatest accounts 31 days late; 2 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)Size: turnover €279,016, total assets €508,854lowers riskLiquidity: current ratio 2.35, cash €247,394Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 68% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 90+2
equity 65.0% of total assets
Liquidity 93+3
short-term debt 21.4% · cash 48.6%
Profitability 84+5
return on assets 6.1%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,385 companies, NACE 41, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%▼ -0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.5%▼ -0.1 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.35, compared with 2.24 in 2024; short-term debt: 21.4% and cash: 48.6% of total assets), and 35% of the assets are financed with debt.
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 41, micro): better than 74% on solvency, 93% on liquidity, 67% on profitability and 39% on growth.

The bankruptcy probability was computed on 09-10-2026 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.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 31 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 2.35, cash €247,394
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: turnover €279,016, total assets €508,854
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
21 days late
2023
61 days late
2022
42 days early
2021
26 days late
2020
19 days late
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Among the best 7% on equitysector median €45,703 · 9,130 companies €330,676 View
  • Positive: 8 profitable years in a rowprofit 2025: €31,225 8 years View
  • Turnover 20256 financial years filed €279,016 View

By topic

Financials

Financial year
2025
Turnover
€279,016
Profit
€31,225
Solvency
65.0%
Turnover▼ 22.5%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2014
Next accounts
by 31-07-2027
  1. 31-12-2023Highest result from 2018 to 2025
  2. 31-12-2023Equity above €200,000
  3. 19-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
24-01-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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