CISTINE
ActiveSummary
The computed 12-month bankruptcy probability of CISTINE is 1.7% (moderate). The 2025 annual accounts show negative equity (-€48,436) and a net result of -€5,905. Equity is shrinking by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 18537 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 48 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,940 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,457 | €7,721 | €8,036 | €8,036 | €4,018 | ▼ 50.0% |
| Other operating charges640/8 | - | - | €1,382 | €697 | €528 | ▼ 24.2% |
| Gross operating margin9900 | €3,987 | €8,162 | -€14,741 | €224 | -€1,358 | ▼ 706% |
| Operating profit (loss)9901 | -€170 | -€3,204 | -€24,159 | -€8,509 | -€5,905 | ▲ 30.6% |
| Financial charges65/66B | - | - | €370 | €511 | - | - |
| Recurring financial charges65 | €1,808 | €6,918 | €370 | €511 | - | - |
| Profit (loss) for the period before taxes9903 | -€1,978 | -€10,122 | -€24,530 | -€9,020 | -€5,905 | ▲ 34.5% |
| Income taxes67/77 | - | - | - | €127 | - | - |
| Profit (loss) for the period9904 | -€1,978 | -€10,122 | -€24,530 | -€9,147 | -€5,905 | ▲ 35.4% |
| Profit (loss) for the period to be appropriated9905 | -€1,978 | -€10,122 | -€24,530 | -€9,147 | -€5,905 | ▲ 35.4% |
| Line | 2019 | 2020 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19,498 | €50,993 | €18,630 | €18,482 | €6,966 | ▼ 62.3% |
| Fixed assets21/28 | €7,653 | €40,114 | €13,624 | €5,588 | - | - |
| Tangible fixed assets22/27 | €7,653 | €40,114 | €13,624 | €5,588 | - | - |
| Furniture and vehicles24 | - | - | €13,624 | €5,588 | - | - |
| Current assets29/58 | €11,845 | €10,879 | €5,006 | €12,895 | €6,966 | ▼ 46.0% |
| Stocks and contracts in progress3 | €11,845 | €10,595 | €1,500 | €1,500 | €1,500 | = |
| Stocks30/36 | - | - | €1,500 | €1,500 | €1,500 | = |
| Amounts receivable within one year40/41 | - | - | €3,173 | €11,395 | €5,466 | ▼ 52.0% |
| Trade receivables40 | - | - | €3,173 | €11,395 | €5,466 | ▼ 52.0% |
| Cash at bank and in hand54/58 | - | €90 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €333 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19,498 | €50,993 | €18,630 | €18,482 | €6,966 | ▼ 62.3% |
| Equity10/15 | €3,361 | -€6,761 | -€51,165 | -€42,531 | -€48,436 | ▼ 13.9% |
| Contributions10/11 | €14,600 | - | €14,600 | €14,600 | €14,600 | = |
| Profit (loss) carried forward14 | -€11,239 | -€21,361 | -€65,765 | -€57,131 | -€63,036 | ▼ 10.3% |
| Amounts payable17/49 | €16,137 | €57,754 | €69,795 | €61,014 | €55,402 | ▼ 9.2% |
| Amounts payable within one year42/48 | €16,137 | €57,754 | €69,705 | €61,014 | €55,402 | ▼ 9.2% |
| Financial debts43 | - | - | €14,594 | €14,609 | €14,609 | = |
| Credit institutions430/8 | - | - | €14,594 | €14,609 | €14,609 | = |
| Trade debts44 | €5,800 | €16,671 | €13,150 | €3,838 | €2,340 | ▼ 39.0% |
| Suppliers440/4 | - | - | €13,150 | €3,838 | €2,340 | ▼ 39.0% |
| Taxes, remuneration and social security45 | - | - | €859 | €600 | €748 | ▲ 24.6% |
| Taxes450/3 | - | - | €859 | €600 | €748 | ▲ 24.6% |
| Other amounts payable47/48 | - | - | €41,102 | €41,966 | €37,705 | ▼ 10.2% |
| Accrued charges and deferred income492/3 | - | - | €90 | - | - | - |
| Line | 2019 | 2020 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,978 | -€10,122 | -€24,530 | -€9,147 | -€5,905 | ▲ 35.4% |
| + Depreciation and write-downs630 | €3,457 | €7,721 | €8,036 | €8,036 | €4,018 | ▼ 50.0% |
| Operating cash flow (approximation) | €1,479 | -€2,401 | -€16,493 | -€1,111 | -€1,887 | ▼ 69.8% |
| Investment in fixed assets (approximation) | - | -€40,182 | - | €0 | - | - |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
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.
Ch.de St-Ghislain 2147950 Chièvres1 establishment unit
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.