Equity
€107,515 ▲ 60.7%
CIJO paid out €833 in dividends. That is 2% of the 2025 profit.
CIJO
Lifetime
12 annual accounts with figures on one time axispeak €261,967 (2024)
€91,998▼ 64.9%
lowest -€67,895 (2019)
€41,429▼ 79.5%
peak €107,515 (2025)
€107,515▲ 60.7%
€383,547▲ 5.4%
peak 2.4 FTE (2014)
-not published
Board4 names since 2017
2 directors and 1 other
Documentsfilings and deeds
27-05-202627 days late
2025micro format
Gross margin from €261,967 to €91,998Result from €201,901 to €41,429Appointment: (director) 19-12Dividend €833Equity from €66,919 to €107,515Investments €136,133
Key points
from the 2025 annual accountsResult
€41,429 ▼ 79.5%
The result fell in 2025: the 2024 profit included a one-off income of €209,346.
Turnover
≈ €360,000 estimated
The micro format states no turnover.
Debts
€383,547 78% of the balance sheet
Financial debts 71%Suppliers 3%Taxes and wages 2%Other 24%
Of this, €106,723 falls due within a year.
Investments
€379,283 35.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 397.0% higher than in 2024.
Liquidity
0.23 was 1.57 in 2024
Short-term debts rose from €57,301 to €106,723.
2025 accounts filed 27 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,608 companies had the same profile as CIJO has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,608 companies, not a prediction for CIJO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 02-06-2021
Director, since 01-04-2022
Director, since 01-12-2025
Recent changes
Appointment: (director)
Gazette deed
Registered office moved within Veurne
New registered office: Willem van Gulikstraat 29 te 8630 Veurne · Previous registered office: Spreeuwenbergstraat 12 b0201 te 8630 Veurne · General meeting of 07-08-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0535674481
Resignation: (director)
Appointment: (director) · General meeting of 31-03-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CIJO Veurne | €491,062 | €91,998 | 21.9% | - |
| RF PROJECTS Waregem | €542,114 | €90,575 | 14.0% | - |
| DPW-SOLUTION Harelbeke | €520,633 | €110,825 | 23.9% | - |
| YVES DETAVERNIER Zwevegem | €430,356 | €90,409 | 94.7% | - |
| JVS-TECHNICS Oostkamp | €511,119 | €87,591 | 57.2% | - |
| DGT-Technics Waregem | €454,941 | €111,831 | 75.5% | - |
| ELEKTRO DECOCK Zwevegem | €407,550 | €102,318 | 36.2% | - |
These companies have the same main activity as CIJO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €408,000 and €542,000, founded between 2011 and 2015.
Official details
Source: KBO- Status
- Active since 13-06-2013Normal situation
- Activity
- General electrical installation workNACE 43211and 6 others
- Joint committees
- 121Cleaning
- 302Hotels and catering · annual accounts 30-09-2023
- Establishment unit
- 2.219.816.2948630 Veurne, since 01-07-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 17-08-2024
Insights on CIJO
CIJO files the micro format. That format states no turnover. The gross margin fell from €145,856 in 2014 to €91,998 in 2025.
The balance sheet grew most in 2015 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CIJO
- What is the company number of CIJO?
- The company number of CIJO is 0535.674.481. The VAT number is the same number with BE in front: BE 0535.674.481.
- Where is CIJO based?
- The registered office is at Willem van Gulikstraat 29, 8630 Veurne.Company details
- What does CIJO do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of CIJO?
- CIJO is a private limited company (BV).
- When was CIJO founded?
- CIJO was founded on 13-06-2013.
- Is CIJO still active?
- Yes, CIJO is an active enterprise in the KBO register.
- How many employees does CIJO have?
- CIJO had an average of 0.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does CIJO fall under?
- In its 30-09-2023 annual accounts, CIJO states joint committees 121 (Cleaning) and 302 (Hotels and catering).
- What is the turnover of CIJO?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €91,998 and 40 comparable companies (NACE 43211). It probably lies between €220,000 and €570,000.
- Is CIJO profitable?
- In financial year 2025, CIJO made a profit of €41,429.
- Where can I find the annual accounts of CIJO?
- CIJO filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CIJO due?
- CIJO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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