CITO INTERNATIONAL

Active

Private limited companyfounded 1997active for 29 yearsGrote Kerkstraat 9, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0461.104.544

Summary

CITO INTERNATIONAL has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €231,457. Equity remains stable across the filed financial years (±1.8% per year). Its solvency ranks better than 95% of 2,367 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

CITO INTERNATIONALActiveChecked score 87/100

Risk analysis Report Compare

Activity

Non-scheduled passenger transport by road

NACE 49320

1 site

Size

€2.6mtotal assets 2025

Staff: 6.5 FTE
Equity: €2.5m
Profit: €231,457

Turnover not published (abbreviated or micro format)

Financial health

87 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

Martin EsselbruggeDirector

2025 accounts 1 day early1 of 3 deeds summarised

Why 87raises risk2 of the last 3 lateSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1997Equity €2.5m (95.4% of total assets)Show the evidence

Checked score

Score 2025

87 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 68% of its sector peers (NACE 49, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 95.4% of total assets

Liquidity 55=

short-term debt 4.5% · cash 4.2%

Profitability 80-14

return on assets 8.8%

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 1.9% (9,096 companies, NACE 49, micro)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.2 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026highest value 08-2026: 0.3%▼ -0.3 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026

Credit of up to €210,000 on 30-day terms is acceptable

Liquidity ample (current ratio 18.12, compared with 7.84 in 2024, above the usual 1.5; short-term debt: 4.5% and cash: 4.2% of total assets), and 4.6% of the assets are financed with debt and provisions.

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 49, micro): better than 92% on solvency, 61% on liquidity, 65% on profitability and 55% on growth.

The bankruptcy probability was computed on 25-10-2026 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 riskraises riskneutral

Founded in 1997

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

2 of the last 3 late

NBB · filings

Equity €2.5m (95.4% of total assets)

NBB · annual accounts

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €2.5m

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

1 day early

2024

61 days late

2023

31 days late

2022

32 days late

2021

29 days late

2020

1 day early

2019

71 days late

← 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 32 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2025 Liquidity more than doubledcurrent ratio 18.12
30-09-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Positive: Among the best 5% on solvencysector median 39.0% · 2,367 companies 95.4% View
Result fell in 20252024 carried a one-off income of €354,528 ▼ 54.6% View
Known shareholdersaccounts at 31-12-2025 100% View

By topic

Financials

Financial year: 2025
Total assets: €2.6m
Profit: €231,457
Solvency: 95.4%

Total assets▲ 4.7%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member
Known shareholders: 100%

Martin EsselbruggeDirector

Go to Board & ownership

Timeline

Events: 35
Since: 1999
Next accounts: by 31-07-2027

31-12-2024Highest result from 2018 to 2025
31-12-2024Equity above €2m
31-08-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Non-scheduled passenger transport by roadNACE 49320
Founded: 09-07-1997
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 10

Who signs: Each director alone
Annual meeting: Last Saturday of May at 10:30
Purpose: “De onderneming voor personenvervoer per autocar en personenvervoer over de weg in het…” (deed in Dutch)

Go to Articles of association

Key facts about CITO INTERNATIONAL

What is the company number of CITO INTERNATIONAL?: 0461.104.544. In Belgium the VAT number is the company number with BE in front: BE 0461.104.544.
Where is CITO INTERNATIONAL based?: The registered office is at Grote Kerkstraat 9, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
What does CITO INTERNATIONAL do?: According to the KBO register, the main activity is non-scheduled passenger transport by road (NACE 49320).
What is the legal form of CITO INTERNATIONAL?: Private limited company (BV).
When was CITO INTERNATIONAL founded?: On 09-07-1997.
Is CITO INTERNATIONAL still active?: Yes, CITO INTERNATIONAL is an active enterprise in the KBO register.
How many employees does CITO INTERNATIONAL have?: On average 6.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CITO INTERNATIONAL?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is CITO INTERNATIONAL profitable?: In financial year 2025, CITO INTERNATIONAL made a profit of €231,457.
Where can I find the annual accounts of CITO INTERNATIONAL?: CITO INTERNATIONAL filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CITO INTERNATIONAL due?: By 31-07-2027, for financial year 2026.Timeline