CITHI ASSE
ActiveCITHI ASSE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €209k and a net result of €7k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 73% of 4554 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-26
Solvency87▲+3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.39 in 2024), and 42.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
57.4%
Return on assets
1.8%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filingsDeviation from the deadline
2025
30 d late
2024
4 d late
2023
9 d late
2022
on the day
2021
8 d late
2020
18 d late
2019
7 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€209k▲ 3.3%
2024 · €202k
2018: €108k
2019: €129k
2020: €161k
2021: €184k
2022: €182k
2023: €185k
2024: €202k
2018 → 2025
Total assets
€364k▲ 0.4%
2024 · €363k
2018: €336k
2019: €350k
2020: €335k
2021: €346k
2022: €382k
2023: €341k
2024: €363k
2018 → 2025
Net result
€7k▼ 61.0%
2024 · €17k
2018: €27k
2019: €21k
2020: €32k
2021: €23k
2022: €18k
2023: €3k
2024: €17k
2018 → 2025
Working capital
€83k▲ 33.0%
2024 · €63k
2018: €-71k
2019: €-40k
2020: €-15k
2021: €15k
2022: €30k
2023: €45k
2024: €63k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€184k-€182k▼ 1.1%€185k▲ 1.8%€202k▲ 9.3%€209k▲ 3.3%
Operating result€29k-€23k▼ 21.7%€11k▼ 53.9%€31k▲ 190%€16k▼ 49.6%
Net result€23k-€18k▼ 21.6%€3k▼ 82.2%€17k▲ 438%€7k▼ 61.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €364k
Fixed assets
€126k▼ 10.0%
Current assets
€239k▲ 7.0%
Equity and liabilities €364k
Equity
€209k▲ 3.3%
Debt
€155k▼ 3.2%
The debt ratio falls from 44.2% to 42.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€32k▼
2024 · €47k
Cash flow
€23k▼
2024 · €33k
Solvency
57.4%▲
2024 · 55.8%
Current ratio
1.54▲
2024 · 1.39
Quick ratio
1.54▲
2024 · 1.39
Debt / equity
0.74▼
2024 · 0.79
ROE
3.2%▼
2024 · 8.5%
ROA
1.8%▼
2024 · 4.7%
Interest coverage
5.70▼
2024 · 7.53
Debt
€155k▼
2024 · €160k
Debt ≤ 1 year
€155k▼
2024 · €160k
Income taxes
€4k▼
2024 · €8k
Staff costs
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€363k€364k▲
Fixed assets21/28€140k€126k▼
Tangible fixed assets22/27€140k€126k▼
Land and buildings22€138k€123k▼
Plant, machinery and equipment23-€3k
Furniture and vehicles24€2k€283▼
Financial fixed assets28€26€26=
Current assets29/58€223k€239k▲
Amounts receivable within one year40/41€76k€77k▲
Trade receivables40€55k€49k▼
Other amounts receivable41€21k€29k▲
Cash at bank and in hand54/58€140k€155k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€363k€364k▲
Equity10/15€202k€209k▲
Contributions10/11€19k€19k=
Reserves13€19k€26k▲
Distributable reserves133€19k€26k▲
Profit (loss) carried forward14€165k€165k=
Amounts payable17/49€160k€155k▼
Amounts payable within one year42/48€160k€155k▼
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€43k€39k▼
Suppliers440/4€43k€39k▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€4k▼
Other amounts payable47/48€110k€109k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€50k€36k▼
Operating profit (loss)9901€31k€16k▼
Financial income75/76B€165€338▲
Recurring financial income75€165€338▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€25k€10k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€17k€7k▼
Profit (loss) for the period to be appropriated9905€17k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€182k€171k▼
Profit (loss) brought forward from the previous period14P€165k€165k=
Transfer to equity691/2€17k€7k▼
To other reserves6921€17k€7k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Equity above €200kEq €202k ▲9.3%
7 profitable years in a row build equity to €202k.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Weakest financial yearnet €3k ▼82.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
31-12
Financial
Highest result since 2018net €32k ▲51.5%
Operating result €43k, net result €32k, both a record.
31-12
Financial
Equity above €150kEq €161k ▲24.8%
3 profitable years in a row build equity to €161k.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Asse · 1 establishment unit since 2002
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.
Brusselsesteenweg 1541730 AsseGround area
447 m²
Building footprint
219 m²
Volume, LiDAR
1,281 m³
Parcel 23322E0128/00G002, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CITHI ASSE BVBA
since 20022.115.558.815
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322E0128/00G002 | Flanders | 447 m² | 1 · 219 m² | 10.2 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 898 companies in sector 96301 we hold annual accounts for 610. 531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2002
Fiscal year end31-12
Activities, NACEBEL
93031
96301Funeral services
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.