CY Projects
ActiveCY Projects has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4k and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability65▲+47
Solvency33▲+13
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
7.7%
Return on assets
11.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9517 sector peers (2024).
NBB · sector comparisonPosition among 9517 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
42 d early
2022
3 d early
2021
12 d early
2020
18 d late
2019
3 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€4k
2023 · €-2k
2018: €52k
2019: €66k
2020: €120k
2021: €20k
2022: €22k
2023: €-2k
2018 → 2024
Total assets
€48k▲ 40.4%
2023 · €34k
2018: €278k
2019: €349k
2020: €192k
2021: €164k
2022: €53k
2023: €34k
2018 → 2024
Net result
€6k
2023 · €-2k
2018: €34k
2019: €14k
2020: €64k
2021: €11k
2022: €1k
2023: €-2k
2018 → 2024
Working capital
€1k
2023 · €-8k
2018: €53k
2019: €67k
2020: €113k
2021: €14k
2022: €17k
2023: €-8k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€120k-€20k▼ 83.1%€22k▲ 6.6%€-2k€4k
Operating result€79k-€16k▼ 79.7%€3k▼ 80.6%€-765€10k
Net result€64k-€11k▼ 82.4%€1k▼ 88.2%€-2k€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €10k after a loss of €765 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €48k
Fixed assets
€6k▼ 22.5%
Current assets
€43k▲ 56.7%
Equity and liabilities €48k
Equity
€4k
Debt
€45k
Debt finances 92.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€12k▲
2023 · €835
Cash flow
€7k▲
2023 · €-261
Solvency
7.7%▲
2023 · -5.4%
Current ratio
1.03▲
2023 · 0.78
Quick ratio
1.03▲
2023 · 0.78
Debt / equity
11.99▲
2023 · -19.55
ROE
149.9%
ROA
11.5%▲
2023 · -5.4%
Interest coverage
3.80▲
2023 · 0.68
Debt
€45k▲
2023 · €36k
Debt ≤ 1 year
€42k▲
2023 · €35k
Income taxes
€2k
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€34k€48k▲
Fixed assets21/28€7k€6k▼
Tangible fixed assets22/27€7k€6k▼
Furniture and vehicles24€1k€606▼
Other tangible fixed assets26€6k€5k▼
Current assets29/58€27k€43k▲
Amounts receivable within one year40/41€5k€7k▲
Trade receivables40€4k€5k▲
Other amounts receivable41€1k€1k▲
Cash at bank and in hand54/58€23k€36k▲
Equity and liabilities
Total equity and liabilities10/49€34k€48k▲
Equity10/15€-2k€4k▲
Contributions10/11€1€1=
Reserves13-€4k
Distributable reserves133-€4k
Profit (loss) carried forward14€-2k-
Amounts payable17/49€36k€45k▲
Amounts payable within one year42/48€35k€42k▲
Trade debts44€950-
Suppliers440/4€950-
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€33k€40k▲
Accrued charges and deferred income492/3€1k€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-25k-
Other operating charges640/8€26k€569▼
Gross operating margin9900€1k€13k▲
Operating profit (loss)9901€-765€10k▲
Financial income75/76B€129-
Recurring financial income75€129-
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€-2k€7k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-2k€6k▲
Profit (loss) for the period to be appropriated9905€-2k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€4k▲
Profit (loss) brought forward from the previous period14P-€-2k
Transfer from equity791/2€3k-
Transfer to equity691/2-€4k
To other reserves6921-€4k
Profit to be distributed694/7€3k-
Return on contributions (dividend)694€3k-
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
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-2k ▼238%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Highest result since 2018net €64k ▲374%
Operating result €79k, net result €64k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.60
Current ratio from 1.24 to 2.60; short-term debt falls from €282k to €71k.
31-12
Financial
Equity above €100kEq €120k ▲82.8%
3 profitable years in a row build equity to €120k.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
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, Geel · 1 establishment unit since 2017
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.
Lieventier 122440 GeelGround area
3,111 m²
Building footprint
217 m²
Volume, LiDAR
1,081 m³
Parcel 13372A0951/00M026, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CY Projects
since 20172.262.527.176
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13372A0951/00M026 | Flanders | 3,111 m² | 1 · 217 m² | 8.4 m · 2 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 24,503 companies in sector 82990 we hold annual accounts for 9,402. 2,644 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2017
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
68121Development of residential building projects
68122Development of non-residential building projects
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:christel.verellen@proximus.be