CY-HN
ActiveThe computed 12-month bankruptcy probability of CY-HN is 3.3% (moderate). The 2024 annual accounts show equity of €46k and a net result of €495. Equity is growing by ~46.3% per year across the filed fiscal years. Its solvency ranks better than 27% of 6717 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-15
Solvency40▼-13
Growth78=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.84 in 2023; short-term debt: 39.7% and cash: 5.3% of total assets), and 85.2% 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.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
14.8%
Return on assets
0.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
31 d late
2022
25 d late
2021
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€59k
EBIT margin
-17.2%
Net result
€495▼ 97.4%
2023 · €19k
2021: €-10k
2022: €21k
2023: €19k
2021 → 2024
Working capital
€-13k▲ 32.0%
2023 · €-19k
2021: €-39k
2022: €-536
2023: €-19k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€59k-
Equity€5k-€26k▲ 427%€45k▲ 74.6%€46k▲ 1.1%
Operating result€-10k-€21k€22k▲ 2.3%€8k▼ 63.5%
Net result€-10k-€21k€19k▼ 8.0%€495▼ 97.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 63% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €308k
Fixed assets
€198k▲ 212%
Current assets
€109k▲ 12.6%
Equity and liabilities €308k
Equity
€46k▲ 1.1%
Debt
€262k▲ 126%
The debt ratio rises from 72.0% to 85.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€105k▲
2023 · €64k
Cash flow
€97k▲
2023 · €61k
Solvency
14.8%▼
2023 · 28.0%
Current ratio
0.90▲
2023 · 0.84
Quick ratio
0.90▲
2023 · 0.84
Debt / equity
5.76▲
2023 · 2.57
ROE
1.1%▼
2023 · 42.7%
ROA
0.2%▼
2023 · 12.0%
Interest coverage
13.94▼
2023 · 154.48
Debt
€262k▲
2023 · €116k
Debt ≤ 1 year
€122k▲
2023 · €116k
Debt > 1 year
€140k
Staff costs
€68k▲
2023 · €28k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€161k€308k▲
Fixed assets21/28€64k€198k▲
Tangible fixed assets22/27€50k€169k▲
Furniture and vehicles24€50k€169k▲
Financial fixed assets28€14k€29k▲
Current assets29/58€97k€109k▲
Amounts receivable within one year40/41€90k€93k▲
Trade receivables40€81k€93k▲
Other amounts receivable41€10k-
Cash at bank and in hand54/58€7k€16k▲
Equity and liabilities
Total equity and liabilities10/49€161k€308k▲
Equity10/15€45k€46k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€30k€31k▲
Amounts payable17/49€116k€262k▲
Amounts payable after more than one year17-€140k
Financial debts170/4-€140k
Amounts payable within one year42/48€116k€122k▲
Current portion of amounts payable after more than one year42-€41k
Trade debts44€44k€3k▼
Suppliers440/4€44k€3k▼
Taxes, remuneration and social security45€11k€27k▲
Taxes450/3€7k€15k▲
Remuneration and social security454/9€4k€12k▲
Other amounts payable47/48€61k€51k▼
Income statement
Code20232024
Remuneration, social security and pensions62€28k€68k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€97k▲
Other operating charges640/8€1k€3k▲
Non-recurring operating charges66A€178€302▲
Gross operating margin9900€94k€176k▲
Operating profit (loss)9901€22k€8k▼
Financial charges65/66B€415€8k▲
Recurring financial charges65€415€8k▲
Profit (loss) for the period before taxes9903€22k€495▼
Income taxes67/77€2k-
Profit (loss) for the period9904€19k€495▼
Profit (loss) for the period to be appropriated9905€19k€495▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€31k▲
Profit (loss) brought forward from the previous period14P€11k€30k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial 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 2021
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.
Schuurveldlaan 92610 AntwerpenGround area
868 m²
Building footprint
318 m²
Volume, LiDAR
2,768 m³
Parcel 11463D0402/00G000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CY-HN
since 20212.314.748.117
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0402/00G000 | Flanders | 868 m² | 1 · 318 m² | 10.3 m · 3 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.
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Of 12,605 companies in sector 49410 we hold annual accounts for 8,195. 5,928 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-03-2021
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:cyhnsrl@hotmail.com