CIRRUS
ActiveSummary
CIRRUS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43k and a net result of €383. Equity is shrinking by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▲+8
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 41.62 against 12.37 in 2023; short-term debt: 1.9% and cash: 33.7% of total assets), and 1.9% of the assets are financed with debt.
Credit check for your own amount and term
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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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
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
98.1%
Return on assets
0.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
69 d early
2022
10 d late
2021
72 d early
2020
30 d early
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€43k▲ 0.9%
2023 · €43k
2018: €47k
2019: €49k▲ +3.5% vs 2018highest in 7 years
2020: €48k▼ -3.0% vs 2019
2021: €47k▼ -1.3% vs 2020
2022: €45k▼ -4.6% vs 2021
2023: €43k▼ -5.1% vs 2022lowest in 7 years
2024: €43k▲ +0.9% vs 2023
2018 → 2024
Total assets
€44k▼ 2.9%
2023 · €45k
2018: €51k
2019: €57k▲ +11.5% vs 2018highest in 7 years
2020: €50k▼ -12.9% vs 2019
2021: €53k▲ +6.6% vs 2020
2022: €52k▼ -2.1% vs 2021
2023: €45k▼ -13.4% vs 2022
2024: €44k▼ -2.9% vs 2023lowest in 7 years
2018 → 2024
Net result
€383
2023 · €-2k
2018: €-4klowest in 7 years
2019: €2k▲ +139% vs 2018highest in 7 years
2020: €-1k▼ -190% vs 2019
2021: €-602▲ +59.6% vs 2020
2022: €-2k▼ -262% vs 2021
2023: €-2k▼ -3.6% vs 2022
2024: €383▲ +117% vs 2023
2018 → 2024
Working capital
€33k▲ 16.6%
2023 · €29k
2018: €19klowest in 7 years
2019: €24k▲ +27.7% vs 2018
2020: €26k▲ +6.9% vs 2019
2021: €27k▲ +3.1% vs 2020
2022: €25k▼ -5.8% vs 2021
2023: €29k▲ +14.6% vs 2022
2024: €33k▲ +16.6% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€48k-€47k▼ 1.3%€45k▼ 4.6%€43k▼ 5.1%€43k▲ 0.9%
2020: €48khighest in 5 years
2021: €47k▼ -1.3% vs 2020
2022: €45k▼ -4.6% vs 2021
2023: €43k▼ -5.1% vs 2022lowest in 5 years
2024: €43k▲ +0.9% vs 2023
Operating result€-2k-€-941▲ 41.4%€-3k▼ 166%€-2k▲ 2.0%€171
2020: €-2k
2021: €-941▲ +41.4% vs 2020
2022: €-3k▼ -166% vs 2021lowest in 5 years
2023: €-2k▲ +2.0% vs 2022
2024: €171▲ +107% vs 2023highest in 5 years
Net result€-1k-€-602▲ 59.6%€-2k▼ 262%€-2k▼ 3.6%€383
2020: €-1k
2021: €-602▲ +59.6% vs 2020
2022: €-2k▼ -262% vs 2021
2023: €-2k▼ -3.6% vs 2022lowest in 5 years
2024: €383▲ +117% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €171 after a loss of €2k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44k
Fixed assets
€9k ▼ 31.6%
Current assets
€34k ▲ 9.8%
Equity and liabilities €44k
Equity
€43k ▲ 0.9%
Debt
€823 ▼ 67.4%
Debt's share of the balance-sheet total falls from 5.6% to 1.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6k▲
2023 · €3k
Cash flow
€6k▲
2023 · €4k
Current ratio
41.62▲
2023 · 12.37
Debt to equity
0.02▼
2023 · 0.06
ROE
0.9%▲
2023 · -5.3%
ROA
0.9%▲
2023 · -5.0%
Interest coverage
63.63▲
2023 · 38.33
Debt ≤ 1 year
€823▼
2023 · €3k
Income taxes
€10
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 · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€45k€44k▼
Fixed assets21/28€14k€9k▼
Tangible fixed assets22/27€14k€9k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€11k€7k▼
Financial fixed assets28€25€25=
Current assets29/58€31k€34k▲
Amounts receivable within one year40/41€13k€15k▲
Trade receivables40€7k-
Other amounts receivable41€6k€15k▲
Current investments50/53€4k€4k▲
Cash at bank and in hand54/58€14k€15k▲
Deferred charges and accrued income490/1€509€620▲
Equity and liabilities
Total equity and liabilities10/49€45k€44k▼
Equity10/15€43k€43k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€34k€35k▲
Amounts payable17/49€3k€823▼
Amounts payable within one year42/48€3k€823▼
Trade debts44€3k€823▼
Suppliers440/4€3k€823▼
Income statement
Code20232024
Non-recurring operating income76A€28-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€60€3▼
Gross operating margin9900€4k€6k▲
Operating profit (loss)9901€-2k€171▲
Financial income75/76B€283€312▲
Recurring financial income75€283€312▲
Financial charges65/66B€90€90▼
Recurring financial charges65€90€90▼
Profit (loss) for the period before taxes9903€-2k€393▲
Income taxes67/77-€10
Profit (loss) for the period9904€-2k€383▲
Profit (loss) for the period to be appropriated9905€-2k€383▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€35k▲
Profit (loss) brought forward from the previous period14P€37k€34k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €28 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €5k | €6k | €6k | ▼ 6.2% |
| Other operating charges640/8 | - | €55 | €6 | €60 | €3 | ▼ 94.8% |
| Gross operating margin9900 | €2k | €3k | €3k | €4k | €6k | ▲ 62.4% |
| Operating profit (loss)9901 | €-2k | €-941 | €-3k | €-2k | €171 | ▲ 107% |
| Financial income75/76B | - | €410 | €410 | €283 | €312 | ▲ 10.2% |
| Recurring financial income75 | €185 | €410 | €410 | €283 | €312 | ▲ 10.2% |
| Financial charges65/66B | - | €71 | €87 | €90 | €90 | ▼ 0.5% |
| Recurring financial charges65 | €71 | €71 | €87 | €90 | €90 | ▼ 0.5% |
| Profit (loss) for the period before taxes9903 | €-1k | €-602 | €-2k | €-2k | €393 | ▲ 117% |
| Income taxes67/77 | - | - | - | - | €10 | - |
| Profit (loss) for the period9904 | €-1k | €-602 | €-2k | €-2k | €383 | ▲ 117% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €-602 | €-2k | €-2k | €383 | ▲ 117% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50k | €53k | €52k | €45k | €44k | ▼ 2.9% |
| Fixed assets21/28 | €22k | €20k | €20k | €14k | €9k | ▼ 31.6% |
| Tangible fixed assets22/27 | €22k | €20k | €20k | €14k | €9k | ▼ 31.7% |
| Furniture and vehicles24 | - | €3k | €5k | €3k | €2k | ▼ 26.1% |
| Other tangible fixed assets26 | - | €18k | €14k | €11k | €7k | ▼ 33.3% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €28k | €33k | €32k | €31k | €34k | ▲ 9.8% |
| Amounts receivable after more than one year29 | - | €6k | - | - | - | - |
| Other amounts receivable291 | - | €6k | - | - | - | - |
| Amounts receivable within one year40/41 | €8k | €21k | €18k | €13k | €15k | ▲ 14.4% |
| Trade receivables40 | - | €14k | €11k | €7k | - | - |
| Other amounts receivable41 | - | €7k | €7k | €6k | €15k | ▲ 142% |
| Current investments50/53 | €6k | €4k | €4k | €4k | €4k | ▲ 0.7% |
| Cash at bank and in hand54/58 | €4k | €2k | €10k | €14k | €15k | ▲ 7.6% |
| Deferred charges and accrued income490/1 | - | €174 | - | €509 | €620 | ▲ 21.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50k | €53k | €52k | €45k | €44k | ▼ 2.9% |
| Equity10/15 | €48k | €47k | €45k | €43k | €43k | ▲ 0.9% |
| Contributions10/11 | - | €6k | €6k | €8k | €8k | = |
| Reserves13 | €2k | €2k | €2k | - | - | - |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Profit (loss) carried forward14 | €39k | €39k | €37k | €34k | €35k | ▲ 1.1% |
| Amounts payable17/49 | €2k | €6k | €7k | €3k | €823 | ▼ 67.4% |
| Amounts payable within one year42/48 | €2k | €6k | €7k | €3k | €823 | ▼ 67.4% |
| Trade debts44 | €1k | €6k | €7k | €3k | €823 | ▼ 67.4% |
| Suppliers440/4 | - | €6k | €7k | €3k | €823 | ▼ 67.4% |
| Taxes, remuneration and social security45 | - | €68 | €28 | - | - | - |
| Taxes450/3 | - | €68 | €28 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €-602 | €-2k | €-2k | €383 | ▲ 117% |
| + Depreciation and write-downs630 | €4k | €4k | €5k | €6k | €6k | ▼ 6.2% |
| Operating cash flow (approximation) | €2k | €4k | €3k | €4k | €6k | ▲ 62.3% |
| Investment in fixed assets (approximation) | - | €-3k | €-5k | €0 | €-1k | - |
| Change in cash | - | €-3k | €9k | €3k | €1k | ▼ 70.1% |
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
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €383
Net result €383 after 4 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 41.62
Current ratio from 12.37 to 41.62; short-term debt falls from €3k to €823.
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 12.37
Current ratio from 4.46 to 12.37; short-term debt falls from €7k to €3k.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 12.43
Current ratio from 3.96 to 12.43; short-term debt falls from €8k to €2k.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
Show earlier events
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Nivelles · 1 establishment unit since 2008
Ground area
206 m²
Building footprint
22 m²
Volume, LiDAR
94 m³
Parcel 25072B0189/00N000, Wallonia · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CIRRUS
since 20082.174.512.445
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25072B0189/00N000 | Wallonia | 206 m² | 1 · 22 m² | 9.9 m · 1 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.
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,323 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
Founded13-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
Contact
E-mail
gilles.delaby@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.