Cisco68
Open bankruptcyA bankruptcy procedure is open for Cisco68 according to publications in the Belgian State Gazette; curator: DIRK DEVROE.
Summary
The 2024 annual accounts show equity of €9k and a net result of €5k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
on the day
2021
31 d early
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€9k▲ 135%
2023 · €4k
2020: €-1k
2021: €-872
2022: €5k
2023: €4k
2020 → 2024
Total assets
€72k▼ 22.4%
2023 · €93k
2020: €64k
2021: €59k
2022: €71k
2023: €93k
2020 → 2024
Net result
€5k
2023 · €-1k
2020: €-4k
2021: €536
2022: €6k
2023: €-1k
2020 → 2024
Working capital
€15k▲ 63.5%
2023 · €9k
2020: €3k
2021: €6k
2022: €10k
2023: €9k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-1k-€-872▲ 38.1%€5k€4k▼ 22.8%€9k▲ 135%
Operating result€-3k-€1k€9k▲ 659%€5k▼ 46.0%€8k▲ 67.2%
Net result€-4k-€536€6k▲ 996%€-1k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 67% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €72k
Fixed assets
€17k ▼ 30.3%
Current assets
€55k ▼ 19.6%
Equity and liabilities €72k
Equity
€9k ▲ 135%
Debt
€63k ▼ 29.2%
Debt's share of the balance-sheet total falls from 95.8% to 87.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2023 · €12k
Cash flow
€13k▲
2023 · €6k
Current ratio
1.37▲
2023 · 1.15
Quick ratio
1.15▲
2023 · 0.56
Debt to equity
6.95▼
2023 · 23.06
ROE
57.4%▲
2023 · -29.5%
ROA
7.2%▲
2023 · -1.2%
Interest coverage
6.51▲
2023 · 2.67
Debt ≤ 1 year
€40k▼
2023 · €59k
Debt > 1 year
€23k▼
2023 · €30k
Income taxes
€3k▲
2023 · €1k
Staff costs
€20k▲
2023 · €2k
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 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€93k€72k▼
Fixed assets21/28€24k€17k▼
Tangible fixed assets22/27€23k€15k▼
Plant, machinery and equipment23€23k€15k▼
Financial fixed assets28€2k€2k=
Current assets29/58€68k€55k▼
Stocks and contracts in progress3€35k€9k▼
Stocks30/36€35k€9k▼
Amounts receivable within one year40/41€14k€21k▲
Other amounts receivable41€14k€21k▲
Cash at bank and in hand54/58€17k€16k▼
Deferred charges and accrued income490/1€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€93k€72k▼
Equity10/15€4k€9k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€1k€7k▲
Amounts payable17/49€89k€63k▼
Amounts payable after more than one year17€30k€23k▼
Financial debts170/4€30k€23k▼
Amounts payable within one year42/48€59k€40k▼
Current portion of amounts payable after more than one year42€8k€8k▼
Trade debts44€29k€10k▼
Suppliers440/4€29k€10k▼
Taxes, remuneration and social security45€10k€10k▼
Taxes450/3€6k€7k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€13k€13k▲
Income statement
Code20232024
Remuneration, social security and pensions62€2k€20k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€15k€37k▲
Operating profit (loss)9901€5k€8k▲
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€226€8k▲
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€-1k€5k▲
Profit (loss) for the period to be appropriated9905€-1k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€7k▲
Profit (loss) brought forward from the previous period14P€3k€1k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
23-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · CISCO68 BV SINT-BERNARDS- ESTEENWEG 952, 2660 HOBOKEN (ANTWERPEN) · event 17-09-2026
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €6k ▲996%
Operating result €9k, net result €6k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €536
Net result €536 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Bernardsesteenweg 9522660 AntwerpenGround area
177 m²
Building footprint
122 m²
Volume, LiDAR
1,238 m³
Parcel 11019B0214/02B000, Flanders · tallest building 11.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Cisco68
since 20202.301.104.769
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11019B0214/02B000 | Flanders | 177 m² | 1 · 122 m² | 11.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK DEVROE KROMVENDREEF 15, 2900 SCHOTEN- |
17-09-2026 → present |
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.301.104.769
Dual-learning approval
2 live approvalsMedewerker (banket)bakkerij duaal (so)
Medewerker bakkerij (vwo)
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,100. 649 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.