CILYX
ActiveSummary
CILYX has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.15M and a net result of €-2k. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 23% of 729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▼-2
Solvency43▲+2
Growth45=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.02 in 2024; short-term debt: 77.3% and cash: 8.3% of total assets), and 82.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Eight 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
17.9%
Return on assets
0%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 729 sector peers (2025).
NBB · sector comparisonPosition among 729 sector peers
Solvency
better than 23%
← 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 €1.15M
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 d early
2024
51 d early
2023
37 d early
2022
19 d early
2021
29 d late
2020
9 d early
2019
21 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€7.12M▲ 20.9%
2022 · €5.89M
2018: €4.27M
2019: €3.75M▼ -12.0% vs 2018
2020: €3.35M▼ -10.7% vs 2019lowest in 6 years
2021: €6.40M▲ +91.1% vs 2020
2022: €5.89M▼ -8.0% vs 2021
2023: €7.12M▲ +20.9% vs 2022highest in 6 years
2018 → 2023
EBIT margin
-6.0%▼ 14.8pp
2022 · 8.8%
2018: 4.0%
2019: 0.9%▼ -77.3% vs 2018
2020: 10.7%▲ +1088% vs 2019
2021: 11.2%▲ +5.4% vs 2020highest in 6 years
2022: 8.8%▼ -21.3% vs 2021
2023: -6.0%▼ -167% vs 2022lowest in 6 years
2018 → 2023
Net result
€-2k
2024 · €7k
2018: €127k
2019: €-32k▼ -125% vs 2018
2020: €980k▲ +3199% vs 2019highest in 8 years
2021: €645k▼ -34.1% vs 2020
2022: €444k▼ -31.2% vs 2021
2023: €-657k▼ -248% vs 2022lowest in 8 years
2024: €7k▲ +101% vs 2023
2025: €-2k▼ -135% vs 2024
2018 → 2025
Working capital
€334k▲ 341%
2024 · €76k
2018: €306k
2019: €351k▲ +14.7% vs 2018
2020: €1.69M▲ +381% vs 2019
2021: €1.54M▼ -8.8% vs 2020
2022: €1.80M▲ +16.6% vs 2021highest in 8 years
2023: €-191k▼ -111% vs 2022lowest in 8 years
2024: €76k▲ +139% vs 2023
2025: €334k▲ +341% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€6.40M-€5.89M▼ 8.0%€7.12M▲ 20.9%
2021: €6.40M
2022: €5.89M▼ -8.0% vs 2021lowest in 3 years
2023: €7.12M▲ +20.9% vs 2022highest in 3 years
Equity€1.16M-€1.60M▲ 37.8%€946k▼ 41.0%€953k▲ 0.7%€1.15M▲ 20.7%
2021: €1.16M
2022: €1.60M▲ +37.8% vs 2021highest in 5 years
2023: €946k▼ -41.0% vs 2022lowest in 5 years
2024: €953k▲ +0.7% vs 2023
2025: €1.15M▲ +20.7% vs 2024
Operating result€720k-€521k▼ 27.6%€-425k€169k€198k▲ 16.6%
2021: €720khighest in 5 years
2022: €521k▼ -27.6% vs 2021
2023: €-425k▼ -181% vs 2022lowest in 5 years
2024: €169k▲ +140% vs 2023
2025: €198k▲ +16.6% vs 2024
Net result€645k-€444k▼ 31.2%€-657k€7k€-2k
2021: €645khighest in 5 years
2022: €444k▼ -31.2% vs 2021
2023: €-657k▼ -248% vs 2022lowest in 5 years
2024: €7k▲ +101% vs 2023
2025: €-2k▼ -135% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.43M
Fixed assets
€1.12M ▼ 7.4%
Current assets
€5.30M ▲ 13.2%
Equity and liabilities €6.43M
Equity
€1.15M ▲ 20.7%
Provisions
€32k ▲ 23.1%
Debt
€5.24M ▲ 6.6%
Debt's share of the balance-sheet total falls from 83.4% to 81.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€619k▼
2024 · €624k
Cash flow
€420k▼
2024 · €462k
Current ratio
1.07▲
2024 · 1.02
Quick ratio
0.90▲
2024 · 0.71
Debt to equity
4.56▼
2024 · 5.16
ROE
-0.2%▼
2024 · 0.7%
ROA
0.0%▼
2024 · 0.1%
Interest coverage
3.24▼
2024 · 3.47
Debt ≤ 1 year
€4.97M▲
2024 · €4.61M
Debt > 1 year
€244k▼
2024 · €279k
Income taxes
€11k▼
2024 · €11k
Staff costs
€4.14M▲
2024 · €4.07M
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 · 67 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.90M€6.43M▲
Fixed assets21/28€1.21M€1.12M▼
Intangible fixed assets21€1.05M€991k▼
Tangible fixed assets22/27€158k€126k▼
Plant, machinery and equipment23€32k€16k▼
Furniture and vehicles24€81k€75k▼
Other tangible fixed assets26€45k€35k▼
Financial fixed assets28€7k€7k=
Current assets29/58€4.68M€5.30M▲
Stocks and contracts in progress3€1.40M€833k▼
Stocks30/36€287k€314k▲
Contracts in progress37€1.11M€519k▼
Amounts receivable within one year40/41€2.19M€3.22M▲
Trade receivables40€1.68M€1.93M▲
Other amounts receivable41€509k€1.29M▲
Current investments50/53€600k€600k=
Cash at bank and in hand54/58€381k€536k▲
Deferred charges and accrued income490/1€112k€111k▼
Equity and liabilities
Total equity and liabilities10/49€5.90M€6.43M▲
Equity10/15€953k€1.15M▲
Contributions10/11€350k€550k▲
Capital10€350k€550k▲
Issued capital100€350k€550k▲
Reserves13€635k€635k=
Non-distributable reserves130/1€635k€635k=
Legal reserve130€35k€35k=
Own shares acquired1312€600k€600k=
Profit (loss) carried forward14€-32k€-35k▼
Provisions and deferred taxes16€26k€32k▲
Provisions for liabilities and charges160/5€26k€32k▲
Environmental obligations163€26k€32k▲
Amounts payable17/49€4.92M€5.24M▲
Amounts payable after more than one year17€279k€244k▼
Financial debts170/4€279k€244k▼
Amounts payable within one year42/48€4.61M€4.97M▲
Current portion of amounts payable after more than one year42€104k€72k▼
Financial debts43€1.36M€1.00M▼
Credit institutions430/8€1.36M€1.00M▼
Trade debts44€552k€536k▼
Suppliers440/4€552k€536k▼
Advances received on contracts in progress46€1.03M€1.14M▲
Taxes, remuneration and social security45€508k€732k▲
Taxes450/3€66k€59k▼
Remuneration and social security454/9€442k€673k▲
Other amounts payable47/48€1.05M€1.49M▲
Accrued charges and deferred income492/3€32k€31k▼
Income statement
Code20242025
Non-recurring operating income76A€496k€40k▼
Remuneration, social security and pensions62€4.07M€4.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€455k€422k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-4k€-461k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-9k€6k▲
Other operating charges640/8€30k€476k▲
Non-recurring operating charges66A€16k€3k▼
Gross operating margin9900€4.73M€4.78M▲
Operating profit (loss)9901€169k€198k▲
Financial income75/76B€28k€2k▼
Recurring financial income75€25k€2k▼
Non-recurring financial income76B€3k€0▼
Financial charges65/66B€180k€191k▲
Recurring financial charges65€180k€191k▲
Profit (loss) for the period before taxes9903€18k€9k▼
Income taxes67/77€11k€11k▼
Profit (loss) for the period9904€7k€-2k▼
Profit (loss) for the period to be appropriated9905€7k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-35k▼
Profit (loss) brought forward from the previous period14P€-39k€-32k▲
Social balance
Average headcount (FTE)908759.259.3▲
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €6.40M | €5.89M | €7.12M | - | - | - |
| Non-recurring operating income76A | €8k | €8k | €653k | €496k | €40k | ▼ 92.0% |
| Goods, raw materials, services and sundry goods60/61 | €3.96M | €5.89M | €4.73M | - | - | - |
| Remuneration, social security and pensions62 | €2.53M | €2.93M | €4.35M | €4.07M | €4.14M | ▲ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €171k | €167k | €345k | €455k | €422k | ▼ 7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-108k | €459k | €6k | €-4k | €-461k | ▼ 12,557% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €5k | - | €10k | €-9k | €6k | ▲ 167% |
| Other operating charges640/8 | €22k | €1.52M | €30k | €30k | €476k | ▲ 1,494% |
| Non-recurring operating charges66A | €28k | €178k | €90k | €16k | €3k | ▼ 80.3% |
| Gross operating margin9900 | €3.36M | €5.77M | €4.41M | €4.73M | €4.78M | ▲ 1.1% |
| Operating profit (loss)9901 | €720k | €521k | €-425k | €169k | €198k | ▲ 16.6% |
| Financial income75/76B | €9k | €10k | €8k | €28k | €2k | ▼ 92.9% |
| Recurring financial income75 | €9k | €10k | €8k | €25k | €2k | ▼ 92.0% |
| Non-recurring financial income76B | - | - | - | €3k | €0 | ▼ 100% |
| Financial charges65/66B | €77k | €80k | €229k | €180k | €191k | ▲ 6.2% |
| Recurring financial charges65 | €77k | €80k | €229k | €180k | €191k | ▲ 6.2% |
| Profit (loss) for the period before taxes9903 | €652k | €451k | €-646k | €18k | €9k | ▼ 52.1% |
| Income taxes67/77 | €7k | €7k | €12k | €11k | €11k | ▼ 2.7% |
| Profit (loss) for the period9904 | €645k | €444k | €-657k | €7k | €-2k | ▼ 135% |
| Profit (loss) for the period to be appropriated9905 | €645k | €444k | €-657k | €7k | €-2k | ▼ 135% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.32M | €8.09M | €6.19M | €5.90M | €6.43M | ▲ 9.0% |
| Fixed assets21/28 | €344k | €319k | €1.50M | €1.21M | €1.12M | ▼ 7.4% |
| Intangible fixed assets21 | €241k | €127k | €1.29M | €1.05M | €991k | ▼ 5.5% |
| Tangible fixed assets22/27 | €84k | €184k | €207k | €158k | €126k | ▼ 20.1% |
| Plant, machinery and equipment23 | €4k | €67k | €47k | €32k | €16k | ▼ 50.0% |
| Furniture and vehicles24 | €32k | €75k | €105k | €81k | €75k | ▼ 6.4% |
| Other tangible fixed assets26 | €48k | €42k | €55k | €45k | €35k | ▼ 22.9% |
| Financial fixed assets28 | €19k | €8k | €8k | €7k | €7k | = |
| Current assets29/58 | €4.98M | €7.77M | €4.68M | €4.68M | €5.30M | ▲ 13.2% |
| Amounts receivable after more than one year29 | €1.18M | - | - | - | - | - |
| Other amounts receivable291 | €1.18M | - | - | - | - | - |
| Stocks and contracts in progress3 | €683k | €2.12M | €839k | €1.40M | €833k | ▼ 40.6% |
| Stocks30/36 | €104k | €172k | €236k | €287k | €314k | ▲ 9.1% |
| Contracts in progress37 | €579k | €1.95M | €603k | €1.11M | €519k | ▼ 53.4% |
| Amounts receivable within one year40/41 | €1.86M | €2.67M | €2.96M | €2.19M | €3.22M | ▲ 47.1% |
| Trade receivables40 | €1.40M | €1.72M | €2.38M | €1.68M | €1.93M | ▲ 14.9% |
| Other amounts receivable41 | €467k | €955k | €583k | €509k | €1.29M | ▲ 153% |
| Current investments50/53 | €600k | €600k | €600k | €600k | €600k | = |
| Cash at bank and in hand54/58 | €571k | €151k | €249k | €381k | €536k | ▲ 40.6% |
| Deferred charges and accrued income490/1 | €83k | €2.23M | €35k | €112k | €111k | ▼ 0.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.32M | €8.09M | €6.19M | €5.90M | €6.43M | ▲ 9.0% |
| Equity10/15 | €1.16M | €1.60M | €946k | €953k | €1.15M | ▲ 20.7% |
| Contributions10/11 | €350k | €350k | €350k | €350k | €550k | ▲ 57.1% |
| Capital10 | €350k | €350k | €350k | €350k | €550k | ▲ 57.1% |
| Issued capital100 | €350k | €350k | €350k | €350k | €550k | ▲ 57.1% |
| Reserves13 | €635k | €635k | €635k | €635k | €635k | = |
| Non-distributable reserves130/1 | €635k | €635k | €635k | €635k | €635k | = |
| Legal reserve130 | €35k | €35k | €35k | €35k | €35k | = |
| Own shares acquired1312 | €600k | €600k | €600k | €600k | €600k | = |
| Profit (loss) carried forward14 | €174k | €618k | €-39k | €-32k | €-35k | ▼ 7.3% |
| Investment grants15 | €4k | - | - | - | - | - |
| Provisions and deferred taxes16 | €25k | €25k | €35k | €26k | €32k | ▲ 23.1% |
| Provisions for liabilities and charges160/5 | €25k | €25k | €35k | €26k | €32k | ▲ 23.1% |
| Environmental obligations163 | - | - | - | €26k | €32k | ▲ 23.1% |
| Other liabilities and charges164/5 | €25k | €25k | €35k | - | - | - |
| Amounts payable17/49 | €4.14M | €6.46M | €5.21M | €4.92M | €5.24M | ▲ 6.6% |
| Amounts payable after more than one year17 | €669k | €460k | €283k | €279k | €244k | ▼ 12.3% |
| Financial debts170/4 | €669k | €460k | €283k | €279k | €244k | ▼ 12.3% |
| Amounts payable within one year42/48 | €3.44M | €5.98M | €4.88M | €4.61M | €4.97M | ▲ 7.8% |
| Current portion of amounts payable after more than one year42 | €312k | €245k | €218k | €104k | €72k | ▼ 31.2% |
| Financial debts43 | €301k | €1.18M | €1.27M | €1.36M | €1.00M | ▼ 26.7% |
| Credit institutions430/8 | €301k | €1.18M | €1.27M | €1.36M | €1.00M | ▼ 26.7% |
| Trade debts44 | €813k | €1.65M | €948k | €552k | €536k | ▼ 2.8% |
| Suppliers440/4 | €813k | €1.65M | €948k | €552k | €536k | ▼ 2.8% |
| Advances received on contracts in progress46 | €534k | €1.47M | €1.27M | €1.03M | €1.14M | ▲ 10.7% |
| Taxes, remuneration and social security45 | €602k | €970k | €934k | €508k | €732k | ▲ 44.1% |
| Taxes450/3 | €108k | €217k | €88k | €66k | €59k | ▼ 11.0% |
| Remuneration and social security454/9 | €494k | €753k | €846k | €442k | €673k | ▲ 52.3% |
| Other amounts payable47/48 | €879k | €461k | €237k | €1.05M | €1.49M | ▲ 41.6% |
| Accrued charges and deferred income492/3 | €26k | €26k | €46k | €32k | €31k | ▼ 3.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €645k | €444k | €-657k | €7k | €-2k | ▼ 135% |
| + Depreciation and write-downs630 | €171k | €167k | €345k | €455k | €422k | ▼ 7.3% |
| Operating cash flow (approximation) | €816k | €611k | €-313k | €462k | €420k | ▼ 9.1% |
| Investment in fixed assets (approximation) | - | €-143k | €-1.53M | €-167k | €-332k | ▼ 98.5% |
| Change in cash | - | €-420k | €98k | €133k | €155k | ▲ 16.5% |
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
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €1MEq €1.15M ▲20.7%
Equity rises from €953k to €1.15M.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-657k
Net result drops to €-657k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €980k
Net result €980k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 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, Seraing · 1 establishment unit since 2009
Ground area
5,917 m²
Building footprint
992 m²
Volume, LiDAR
7,824 m³
Parcel 62343C0058/00Y000, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CITIUS ENGINEERING
since 20092.177.957.529
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62343C0058/00Y000 | Wallonia | 5,917 m² | 1 · 992 m² | 9.8 m · 3 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.
Public money · subsidies and aid
European research
1 projectProgrammes
Horizon 2020
Projects
Managing soil and groundwater impacts from agriculture for sustainable intensification
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 3,201 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-04-2009
Fiscal year end31-12
Abbreviation FR
Citius
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Contact
Website
www.citius-engineering.com
E-mail
info@citius-engineering.com
Phone
+3242401425
Fax
+3242646525
Scores and ratios are computed by Checked and are not a credit decision.