Cidum Construct
ActiveSummary
The computed 12-month bankruptcy probability of Cidum Construct is 2.0% (moderate). The 2025 annual accounts show equity of €130k and a net result of €2k. Equity is growing by ~34.6% per year across the filed fiscal years. Its solvency ranks better than 44% of 27786 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-22
Solvency67▼-17
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 2.49 in 2024; short-term debt: 33.4% and cash: 22.9% of total assets), and 57.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.2%
Return on assets
0.8%
Age of the figures
9 mo
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 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
37 d late
2023
22 d late
2022
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€130k▲ 1.9%
2024 · €127k
2022: €25k
2023: €88k
2024: €127k
2022 → 2025
Total assets
€307k▲ 41.4%
2024 · €217k
2022: €35k
2023: €113k
2024: €217k
2022 → 2025
Net result
€2k▼ 94.0%
2024 · €40k
2022: €22k
2023: €63k
2024: €40k
2022 → 2025
Working capital
€50k▼ 37.6%
2024 · €80k
2022: €-6k
2023: €28k
2024: €80k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€25k-€88k▲ 251%€127k▲ 45.1%€130k▲ 1.9%
Operating result€30k-€77k▲ 161%€53k▼ 31.6%€5k▼ 90.2%
Net result€22k-€63k▲ 186%€40k▼ 36.9%€2k▼ 94.0%
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; 2025 is 90% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €307k
Fixed assets
€155k ▲ 84.6%
Current assets
€152k ▲ 14.2%
Equity and liabilities €307k
Equity
€130k ▲ 1.9%
Debt
€177k ▲ 97.3%
Debt's share of the balance-sheet total rises from 41.4% to 57.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k▼
2024 · €86k
Cash flow
€45k▼
2024 · €73k
Current ratio
1.49▼
2024 · 2.49
Debt to equity
1.37▲
2024 · 0.71
ROE
1.8%▼
2024 · 31.1%
ROA
0.8%▼
2024 · 18.2%
Interest coverage
35.96▼
2024 · 257.65
Debt ≤ 1 year
€103k▲
2024 · €54k
Debt > 1 year
€74k
Income taxes
€2k▼
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€217k€307k▲
Fixed assets21/28€84k€155k▲
Tangible fixed assets22/27€84k€155k▲
Plant, machinery and equipment23€23k€20k▼
Furniture and vehicles24€61k€134k▲
Current assets29/58€133k€152k▲
Amounts receivable within one year40/41€96k€71k▼
Trade receivables40€34k€49k▲
Other amounts receivable41€61k€22k▼
Cash at bank and in hand54/58€31k€70k▲
Deferred charges and accrued income490/1€6k€11k▲
Equity and liabilities
Total equity and liabilities10/49€217k€307k▲
Equity10/15€127k€130k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€124k€127k▲
Amounts payable17/49€90k€177k▲
Amounts payable after more than one year17-€74k
Financial debts170/4-€74k
Amounts payable within one year42/48€54k€103k▲
Current portion of amounts payable after more than one year42-€26k
Trade debts44€18k€41k▲
Suppliers440/4€18k€41k▲
Taxes, remuneration and social security45€30k€21k▼
Taxes450/3€28k€14k▼
Remuneration and social security454/9€2k€7k▲
Other amounts payable47/48€6k€15k▲
Accrued charges and deferred income492/3€36k€283▼
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€43k▲
Other operating charges640/8€4k€12k▲
Gross operating margin9900€90k€60k▼
Operating profit (loss)9901€53k€5k▼
Financial income75/76B€19€3▼
Recurring financial income75€19€3▼
Financial charges65/66B€334€1k▲
Recurring financial charges65€334€1k▲
Profit (loss) for the period before taxes9903€52k€4k▼
Income taxes67/77€13k€2k▼
Profit (loss) for the period9904€40k€2k▼
Profit (loss) for the period to be appropriated9905€40k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€124k€127k▲
Profit (loss) brought forward from the previous period14P€85k€124k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €2k ▼94%
Net result drops to €2k, the lowest in the series.
06-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 37 days late
2024
31-12
Financial
Equity above €100kEq €127k ▲45.1%
3 profitable years in a row build equity to €127k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Highest result since 2022net €63k ▲186%
Operating result €77k, net result €63k, both a record.
31-12
Financial
Liquidity times 5current ratio 2.10
Current ratio from 0.40 to 2.10.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
Registered office, Kraainem · 1 establishment unit since 2021
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.
Oudstrijderslaan 111950 KraainemGround area
540 m²
Building footprint
137 m²
Volume, LiDAR
987 m³
Parcel 22002A0133/00N002, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cidum Construct
since 20212.321.358.963
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002A0133/00N002 | Flanders | 539 m² | 1 · 137 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesCidum Construct BV46380
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,158 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
41001General construction of residential buildings
43221Plumbing work
43230Insulation installation
43341Painting of buildings
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:ciprinel@yahoo.com
Phone:0465560226