Turnover
≈ €8.2m estimated
The accounts state no turnover.
CILYX
Lifetime
17 annual accounts with figures on one time axispeak €5.8m (2022)
€4.8m▲ 1.1%
lowest -€657,414 (2023)
-€2,356▼ €9,102
peak €1.6m (2018)
€1.2m▲ 20.7%
€5.2m▲ 6.6%
peak 64.1 FTE (2023)
59.3 FTE▲ 0.2%
Board7 names since 2017
3 directorsSPARAXIS and 2 others
Owners3 names in the annual accounts
80%CILYX GROUP
Documentsfilings and deeds
04-06-202657 days before the deadline
2025financial year
Loss of €2,356Resignation: SRL BELLËRIVE Management & Co. (director) 23-09Equity from €952,676 to €1.2mCash from €381,294 to €535,927
Key points
from the 2025 annual accountsDebts
€5.2m 82% of the balance sheet
Financial debts 24%Suppliers 10%Taxes and wages 14%Other 52%
€1.0m of the debts are secured on the company's own assets. In 2021 that was €468,998.
Staff
60 employees on 31-12-2025
In 2025, 12 people joined and 12 left.
Filings
17 annual accounts since 2009
The 2021 accounts came 29 days late. The other nine of the last ten were filed on time.
Board
1 joined
New director. Latest change 02-06-2026 · 4 in office.
Position in the sector
€4.8m
Higher gross margin than 95% of companies in architecture and engineering. Sector median €260,818 · 655 companies.
Checked score
88
Excellent
Financially stronger than 38% of medium-sized companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 166 companies (NACE 71, medium-sized).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025highest value
07-2025: 0.2%▼ -0.7 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Equity €1.2m (17.9% of total assets)
Loss of €2,356 (financial year 2025)
lowers risk
Figures for financial year 2025 (filed on 04-06-2026)
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
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 71, medium-sized). It does better than 24% of them on solvency, 15% on liquidity, 37% on profitability and 78% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 120 companies had the same profile as CILYX has now. Each dot is one company, two years later.
95.0%
were still trading
5.0%
stopped another way
0.0%
went bankrupt
That fits the bankruptcy probability of CILYX itself: 0.2% 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 120 companies, not a prediction for CILYX. 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 €100,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.07 (1.02 in 2024), below the usual 1.5. Short-term debt is 77.3% and cash 8.3% of total assets. 82.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 892 sector peers (2025).
NBB · sector comparisonPosition among 892 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.2m
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 days early
2024
51 days early
2023
37 days early
2022
19 days early
2021
29 days late
2020
9 days early
2019
21 days early
← 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 24 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 25 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
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
DA
D.A.M-DEVELOP AMELIORATE AND MANAGE
Director, Jean-Louis DAM
- CILYX GROUP 80%score 81equity €2.8m (2025) · annual accounts 2025
Recent changes
Appointment: D.A.M-DEVELOP AMELIORATE AND MANAGE (director)
Permanent representative: Jean-Louis DAM · General meeting of 02-06-2026 · Gazette deed
Capital increase of €200,000 to €550,000
Capital from €350,000 to €550,000, 4,000 new shares · General meeting of 15-12-2025 · Gazette deed
Resignation: SRL BELLËRIVE Management & Co. (director)
General meeting of 03-06-2025 · Gazette deed
Company renamed from CITIUS ENGINEERING to CILYX
Reappointments: MARELEO (class A director), KREUIL (class A director), BELLERIVE & CO MANAGEMENT (class A director) and SPARARIX (class B director) · Permanent representatives: Grégory REICHLING, Fabien DEFAYS, Philippe FELTEN and Sabine COLSON · “La société a pour objet le développement et la gestion de projets industriels dans le domaine du génie…” (deed in French) · General meeting of 14-02-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CILYX Seraing | €6.4m | €4.8m | 17.9% | 59.3 |
| EXELIO Sprimont | €5.7m | €4.0m | 26.7% | 42.5 |
| WFRGENT Ghent | €5.3m | €3.6m | 75.1% | 45.3 |
| VeroTech Leuven | €3.9m | €5.1m | 56.6% | 65 |
| NEY & PARTNERS - BXL Watermael-Boitsfort | €4.8m | €5.9m | 33.1% | 50.9 |
| Extia Belgium Auderghem | €8.6m | €5.9m | 75.2% | 56.3 |
| DIEPSONDERINGEN FUNDERINGSADVIES VERBEKE Ledegem | €3.9m | €4.1m | 48.6% | 52.2 |
These companies have the same main activity as CILYX: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €3.9m and €8.6m, founded between 2004 and 2014.
Official details
Source: KBO- Status
- Active since 20-04-2009Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Joint committees
- 209White-collar workers in metal manufacturing
- 111Metal, mechanical and electrical engineering · annual accounts 2022
- Establishment unit
- 2.177.957.5294102 Seraing, since 01-05-2009
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €6.4m▲ 9.0%
- Employeeson 31-12-2025
- 60=
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on CILYX
CILYX has existed since 2009. In 2011 the gross margin rose from €120,056 to €418,732 and staff from 2.5 to 5.5 full-time equivalents.
CILYX GROUP holds 80% of the shares.
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 CILYX
- What is the company number of CILYX?
- The company number of CILYX is 0811.236.932. The VAT number is the same number with BE in front: BE 0811.236.932.
- Where is CILYX based?
- The registered office is at Rue Louis Plescia 7, 4102 Seraing.Company details
- What does CILYX do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of CILYX?
- CILYX is a public limited company (NV).
- When was CILYX founded?
- CILYX was founded on 20-04-2009.
- Is CILYX still active?
- Yes, CILYX is an active enterprise in the KBO register.
- How many employees does CILYX have?
- CILYX had an average of 59.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CILYX fall under?
- In its 2022 annual accounts, CILYX states joint committees 209 (White-collar workers in metal manufacturing) and 111 (Metal, mechanical and electrical engineering).
- What is the turnover of CILYX?
- The turnover in financial year 2025 is ≈ €8.2m. This figure is estimated from the gross margin of €4.8m and 1,585 comparable companies of the same size. It probably lies between €5.6m and €14.0m. It is a rough estimate. In financial year 2023 turnover was €7.1m.
- Is CILYX profitable?
- In financial year 2025, CILYX made a loss of €2,356.
- Where can I find the annual accounts of CILYX?
- CILYX filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CILYX due?
- CILYX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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