CIK Services
ActiveThe file of CIK Services contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.3% (very low). The 2024 annual accounts show negative equity (-€117,406) and a net result of €32,209. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 37948 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability66▲+23
Solvency0=
Growth58▲+26
Track record85
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.96 against 0.7 in 2023; short-term debt: 101.5% and cash: 1.8% of total assets), and equity is negative.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-63.5%
Return on assets
17.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 37948 sector peers (2024).
NBB · sector comparisonPosition among 37948 sector peers
Solvency
better than 5%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-03-2026, 222 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
222 d late
2023
31 d late
2022
274 d late
2021
260 d late
2020
272 d late
2019
143 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 200 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€117,406▲ 21.5%
2023 · -€149,615
Total assets
€184,851▼ 12.2%
2023 · €210,499
Net result
€32,209▲ 278%
2023 · €8,522
Working capital
-€8,044▲ 91.2%
2023 · -€90,919
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,853-€12,229▼ 560%-€4,312▲ 64.7%€38,582€70,273▲ 82.1%
Net result-€5,417▼ 2,232%-€33,562▼ 520%-€228,890▼ 582%€8,522€32,209▲ 278%
Equity€104,314▼ 4.9%€70,752▼ 32.2%-€158,138-€149,615▲ 5.4%-€117,406▲ 21.5%
Total assets€460,702▲ 0.5%€420,683▼ 8.7%€138,124▼ 67.2%€210,499▲ 52.4%€184,851▼ 12.2%
Debt€356,388▲ 2.2%€349,930▼ 1.8%€296,262▼ 15.3%€360,115▲ 21.6%€302,258▼ 16.1%
Working capital-€70,229▼ 122%-€124,980▼ 78.0%-€99,860▲ 20.1%-€90,919▲ 9.0%-€8,044▲ 91.2%
Staff (FTE)1=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2022 Net result -582% on 2021. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 82% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €184,851
Fixed assets
€5,281 ▲ 156%
Current assets
€179,571 ▼ 13.9%
Key figures and ratios
EBITDA
€71,272▲
2023 · €39,111
Cash flow
€33,209▲
2023 · €9,051
Solvency
-63.5%▲
2023 · -71.1%
Current ratio
0.96▲
2023 · 0.70
Debt to equity
-2.57▼
2023 · -2.41
ROA
17.4%▲
2023 · 4.0%
Interest coverage
3.02▲
2023 · 2.31
Debt ≤ 1 year
€187,615▼
2023 · €299,359
Debt > 1 year
€100,397▲
2023 · €46,031
Income taxes
€17,687▼
2023 · €17,826
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,176 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.3%
went bankrupt
5.6%
stopped otherwise
89%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,176 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €25,171 | - | - |
| Remuneration, social security and pensions62 | €7,822 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,892 | €15,923 | €14,062 | €529 | €1,000 | ▲ 89.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €4,250 | -€4,250 | €1,900 | - | - |
| Other operating charges640/8 | €901 | €12,934 | €21,041 | €7,570 | €1,321 | ▼ 82.6% |
| Non-recurring operating charges66A | €2,693 | - | - | - | - | - |
| Gross operating margin9900 | €26,456 | €20,878 | €26,542 | €48,581 | €72,593 | ▲ 49.4% |
| Operating profit (loss)9901 | -€1,853 | -€12,229 | -€4,312 | €38,582 | €70,273 | ▲ 82.1% |
| Financial income75/76B | €7,498 | €2,533 | €22,398 | €4,732 | €3,215 | ▼ 32.1% |
| Recurring financial income75 | €7,498 | €2,533 | €22,398 | €4,732 | €3,215 | ▼ 32.1% |
| Financial charges65/66B | €10,788 | €13,735 | €226,397 | €16,966 | €23,591 | ▲ 39.0% |
| Recurring financial charges65 | €10,788 | €13,735 | €17,424 | €16,966 | €23,591 | ▲ 39.0% |
| Non-recurring financial charges66B | - | - | €208,973 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | -€5,143 | -€23,432 | -€208,311 | €26,348 | €49,896 | ▲ 89.4% |
| Income taxes67/77 | €274 | €10,130 | €20,579 | €17,826 | €17,687 | ▼ 0.8% |
| Profit (loss) for the period9904 | -€5,417 | -€33,562 | -€228,890 | €8,522 | €32,209 | ▲ 278% |
| Profit (loss) for the period to be appropriated9905 | -€5,417 | -€33,562 | -€228,890 | €8,522 | €32,209 | ▲ 278% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €460,702 | €420,683 | €138,124 | €210,499 | €184,851 | ▼ 12.2% |
| Fixed assets21/28 | €249,769 | €235,167 | €14,105 | €2,059 | €5,281 | ▲ 156% |
| Tangible fixed assets22/27 | €42,769 | €28,167 | €14,105 | €2,059 | €4,846 | ▲ 135% |
| Furniture and vehicles24 | €42,769 | €28,167 | €14,105 | €2,059 | €4,846 | ▲ 135% |
| Financial fixed assets28 | €207,001 | €207,001 | €0 | - | €435 | - |
| Current assets29/58 | €210,932 | €185,515 | €124,019 | €208,440 | €179,571 | ▼ 13.9% |
| Amounts receivable after more than one year29 | €35,000 | - | - | €89,162 | €76,210 | ▼ 14.5% |
| Other amounts receivable291 | €35,000 | - | - | €89,162 | €76,210 | ▼ 14.5% |
| Amounts receivable within one year40/41 | €129,070 | €173,131 | €120,932 | €116,244 | €97,951 | ▼ 15.7% |
| Trade receivables40 | €74,412 | €72,649 | €60,433 | €57,730 | €41,611 | ▼ 27.9% |
| Other amounts receivable41 | €54,658 | €100,482 | €60,499 | €58,514 | €56,340 | ▼ 3.7% |
| Cash at bank and in hand54/58 | €36,515 | €8,502 | €201 | €2,559 | €3,384 | ▲ 32.2% |
| Deferred charges and accrued income490/1 | €10,347 | €3,882 | €2,887 | €475 | €2,026 | ▲ 327% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €460,702 | €420,683 | €138,124 | €210,499 | €184,851 | ▼ 12.2% |
| Equity10/15 | €104,314 | €70,752 | -€158,138 | -€149,615 | -€117,406 | ▲ 21.5% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €91,914 | €58,352 | €58,352 | €58,352 | €58,352 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | €90,054 | €56,492 | €56,492 | €56,492 | €58,352 | ▲ 3.3% |
| Profit (loss) carried forward14 | - | - | -€228,890 | -€220,368 | -€188,158 | ▲ 14.6% |
| Amounts payable17/49 | €356,388 | €349,930 | €296,262 | €360,115 | €302,258 | ▼ 16.1% |
| Amounts payable after more than one year17 | €75,226 | €39,435 | €63,808 | €46,031 | €100,397 | ▲ 118% |
| Financial debts170/4 | €75,226 | €39,435 | €4,240 | €0 | - | - |
| Other amounts payable178/9 | - | - | €59,567 | €46,031 | €100,397 | ▲ 118% |
| Amounts payable within one year42/48 | €281,162 | €310,495 | €223,879 | €299,359 | €187,615 | ▼ 37.3% |
| Current portion of amounts payable after more than one year42 | €31,919 | €130,341 | €112,191 | €54,760 | €21,879 | ▼ 60.0% |
| Financial debts43 | - | €3,762 | €5,063 | €5,097 | €4,831 | ▼ 5.2% |
| Credit institutions430/8 | - | €3,762 | €5,063 | €5,097 | €4,831 | ▼ 5.2% |
| Trade debts44 | €46,530 | €73,142 | €44,989 | €58,758 | €47,303 | ▼ 19.5% |
| Suppliers440/4 | €46,530 | €73,142 | €44,989 | €58,758 | €47,303 | ▼ 19.5% |
| Taxes, remuneration and social security45 | €3,600 | €12,789 | €51,859 | €59,345 | €43,600 | ▼ 26.5% |
| Taxes450/3 | €3,600 | €12,789 | €51,859 | €59,345 | €43,600 | ▼ 26.5% |
| Other amounts payable47/48 | €199,114 | €90,462 | €9,777 | €121,398 | €70,002 | ▼ 42.3% |
| Accrued charges and deferred income492/3 | - | - | €8,575 | €14,725 | €14,246 | ▼ 3.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,417 | -€33,562 | -€228,890 | €8,522 | €32,209 | ▲ 278% |
| + Depreciation and write-downs630 | €16,892 | €15,923 | €14,062 | €529 | €1,000 | ▲ 89.0% |
| Operating cash flow (approximation) | €11,475 | -€17,638 | -€214,828 | €9,051 | €33,209 | ▲ 267% |
| Investment in fixed assets (approximation) | - | -€1,321 | €207,001 | €11,517 | -€4,221 | ▼ 137% |
| Change in cash | - | -€28,014 | -€8,301 | €2,358 | €825 | ▼ 65.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 222 days late
2024
31-12
Financial
Highest result since 2018net €32,209 ▲278%
Operating result €70,273, net result €32,209, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
09-08
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Gent, afdeling Gent · event 06-08-2024
19-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 11-06-2024
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 274 days late
2023
31-12
Financial
Back to profitnet €8,522
Net result €8,522 after 4 loss-making years.
17-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 260 days late
2022
31-12
Financial
Weakest financial yearnet -€228,890
Net result drops to -€228,890, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 272 days late
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2016
Ground area
3.2 ha
Building footprint
2.0 ha
Volume, LiDAR
251,951 m³
Parcel 44808H0602/00T003, Flanders · tallest building 40.8 m, ±4 floors. Linked by address, not a title deed.
183
companies at this address
See who is registered here
1 establishment unit
CIK Services
since 20162.262.055.440
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0602/00T003 | Flanders | 3.2 ha | 1 · 2.0 ha | 40.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JAN DE POORTER LANGERBRUGGESTRAAT 70,
9940 EVERGEM |
11-06-2024 → 06-08-2024 |
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2021 list no shareholders, and no other source names one.
Holdings 1
-
22.37%
According to the 2021 annual accounts of CIK Services and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Krei
BE 0631.957.374
Zoersel · Eq €70,756
PROTEA MANAGEMENT
BE 0545.786.831
Edegem · Eq €70,757
OC-TEC
BE 0760.940.452
Antwerpen · Eq €70,762
Buro Mirlo
BE 0726.387.666
Zoersel · Eq €70,763
Improve your adaptive management for durability
BE 0630.961.541
Walcourt · Eq €70,737
Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 39,697 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail
remi.wildschut@icloud.comGent
Phone
0472505906Gent
E-invoicing
Reachable via Peppol
Peppol ID
0208:0663886707
Also
9925:BE0663886707
Registered
31-10-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.