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CIRILIUS

Active
Private limited companyfounded 201115 years activeBrancardiershof 25, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0834.268.393
Summary

CIRILIUS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €30,092. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 324 sector peers (NACE 16, fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Sawmilling and planing of wood
NACE 16110
#6 company by total assets in Limburg, Wood and cork sector1 site
Size
€7.9mtotal assets 2025
Equity
€1.5m
Profit
€30,092
Turnover not published (abridged schema)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 42 days early1 of 8 deeds read
Why 85- Liquidity: current ratio 0.21, cash €78,990- 1 of the last 3 late+ Size: total assets €7.9m+ Founded in 2011Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 16, small)
Financial strength · tick = 2024
Average
Solvency 43+3
equity 18.4% of total assets
Liquidity 51+1
short-term debt 6.4% · cash 1.0%
Profitability 46-15
return on assets 0.4%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (165 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.3%▲ +0.2 percentage points vs 08-2025 10-2025: 2.1%▲ +0.8 percentage points vs 09-2025 11-2025: 2.2%▲ +0.1 percentage points vs 10-2025 12-2025: 2.8%▲ +0.6 percentage points vs 11-2025 01-2026: 3.9%▲ +1.1 percentage points vs 12-2025 02-2026: 3.9%● unchanged vs 01-2026 03-2026: 4.0%▲ +0.1 percentage points vs 02-2026highest value 04-2026: 3.6%▼ -0.4 percentage points vs 03-2026 05-2026: 3.6%● unchanged vs 04-2026 06-2026: 3.6%● unchanged vs 05-2026 07-2026: 0.3%▼ -3.3 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit up to €120,000 at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.11 in 2024; short-term debt: 6.4% and cash: 1% of total assets), and 81.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 16, small): better than 13% on solvency, 59% on liquidity, 30% on profitability and 45% on growth.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.21, cash €78,990
NBB · annual accounts
lowers risk · Size: total assets €7.9m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
lowers risk · Founded in 2011
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 324 sector peers (2025).
NBB · sector comparison
Position among 324 sector peers
Solvency
better than 20%
← weakest strongest →
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
323 days late
2023
15 days early
2022
13 days early
2021
12 days early
2020
8 days early
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

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. Usually files around 18 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Appointments: Dieter Lenaerts (director) and Ferre…Permanent representative: Eric Lenaerts
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025from €122,577 to €30,092 ▼ 75.5% View
  • Caution: Among the weakest 20% on solvencysector median 43.7% · 324 companies 18.4% View
  • New directorslatest change 18-06-2026 · 2 in office 2 joined View
  • Positive: 6 profitable years in a rowprofit 2025: €30,092 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€7.9m
Profit
€30,092
Solvency
18.4%
Total assets▼ 14.6%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 16-07-2024Annual accounts filed
  2. 18-07-2023Annual accounts filed
  3. 31-12-2022Equity above €1m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Sawmilling and planing of woodNACE 16110
Founded
04-03-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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