Investments
€11,711 0.1 × depreciation
Green is investment, beige is depreciation.
CIKOREI
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €211,144 (2020)
€152,019▲ 10.1%
lowest -€32,013 (2006)
€13,405▲ €18,572
peak €1.6m (2022)
€1.6m▲ 0.6%
€862,195▼ 6.2%
Board1 name since 2011
1 directorCASTELEIN Dieter
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Back to profit: €13,405Cash from €37,201 to €79,074
Key points
from the 2025 annual accountsFilings
28 annual accounts since 1998
The 2019 accounts came 61 days late. The other nine of the last ten were filed on time.
Position in the sector
€1.6m
More equity than 95% of companies in real estate. Sector median €73,055 · 17,210 companies.
Checked score
95
Excellent
Financially stronger than 59% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026highest value
06-2026: 0.1%● unchanged vs 05-2026
07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.17, cash €79,074
lowers risk
Size: total assets €2.6m
Figures for financial year 2025 (filed on 22-06-2026)
Equity €1.6m (61.6% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 68, small). It does better than 76% of them on solvency, 44% on liquidity, 70% on profitability and 47% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as CIKOREI has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CIKOREI itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 companies, not a prediction for CIKOREI. 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
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.17 (0.09 in 2024), below 1. Short-term debt is 21.9% and cash 3.1% of total assets. 38.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 days early
2024
38 days early
2023
5 days early
2022
41 days early
2021
39 days early
2020
39 days early
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 22 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0462635857
Merger: CIKOREI takes over ELVINE
Change of role: CASTELEIN Dieter, from manager to director · Director discharge: CASTELEIN Dieter · General meeting of 30-01-2020 · Gazette deed
Merger proposal: CIKOREI takes over ELVINE
Appointments: Dieter CASTELEIN (sole manager), Luc CASTELEIN (statutory manager) and Christiane VERDEYEN (statutory manager) · The company holds all the shares of ELVINE · Dieter CASTELEIN holds 4,563 shares · Gazette deed
First establishment
Tommestraat 32, Huldenberg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CIKOREI Huldenberg | €2.6m | €152,019 | 61.6% | - |
| HUVENTI Dilbeek | €2.9m | €154,782 | 0.1% | - |
| DECO Pajottegem | €2.6m | €143,329 | 25.5% | - |
| EUROMEDIX CONSULTING Leuven | €2.7m | €178,833 | 16.0% | - |
| ELISAR Bertem | €2.4m | €133,177 | 51.4% | 0.4 |
| CHS Invest Oud-Heverlee | €3.2m | €154,208 | 86.0% | - |
| DEN BIERBOER Maldegem | €2.5m | €144,916 | 38.2% | - |
These companies have the same main activity as CIKOREI: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €2.4m and €3.2m, founded between 1994 and 2001.
Official details
Source: KBO- Status
- Active since 10-02-1998Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Establishment unit
- 2.085.455.7553040 Huldenberg, since 16-02-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 16-10-2025
Annual accounts 2025
- ≈ €220,000estimated
- €2.6m▼ 2.1%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on CIKOREI
CIKOREI files the micro format. That format states no turnover. The gross margin rose from €120,106 in 2006 to €152,019 in 2025.
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 CIKOREI
- What is the company number of CIKOREI?
- The company number of CIKOREI is 0462.635.857. The VAT number is the same number with BE in front: BE 0462.635.857.
- Where is CIKOREI based?
- The registered office is at Tommestraat 32, 3040 Huldenberg.Company details
- What does CIKOREI do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of CIKOREI?
- CIKOREI is a private limited company (BV).
- When was CIKOREI founded?
- CIKOREI was founded on 10-02-1998.
- Is CIKOREI still active?
- Yes, CIKOREI is an active enterprise in the KBO register.
- What is the turnover of CIKOREI?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €152,019 and 31 comparable companies (NACE 68201). It probably lies between €170,000 and €300,000.Financials
- Is CIKOREI profitable?
- In financial year 2025, CIKOREI made a profit of €13,405.
- Where can I find the annual accounts of CIKOREI?
- CIKOREI filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CIKOREI due?
- CIKOREI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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