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Cyara

Active
Private limited company (pre-2019)founded 199234 yrs activePagodenlaan 443, 1020 Brussel, BelgiumKBO/BCE: BE 0446.608.883
Summary

Cyara has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144 and a net result of €1,273. Equity is growing by ~44.5% per year across the filed fiscal years. Its solvency ranks better than 20% of 81 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency36▲+36
Growth44▼-24
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 50
Relative position
BE, all sectors
reference
Water transport (NACE 50)
about 39% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
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 2025
Age of the figures
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 81 sector peers (2025).
NBB · sector comparison
Position among 81 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
31 d late
2023
61 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
61 d 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 40 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 41% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Cyara was incorporated on 18 February 1992.1 Revenue went from EUR 2,975 in 2022 to EUR 2,805 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€2,805▼ 63.0%
2024 · €7,590
EBIT margin
47.0%▲ 37.1pp
2024 · 9.9%
Net result
€1,273▲ 80.8%
2024 · €704
Working capital
€144
2024 · -€1,128
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 50, Water transport, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€2,975€2,730▼ 8.2%€7,590▲ 178%€2,805▼ 63.0%
Operating result€5,465€1,526▼ 72.1%€1,098▼ 28.0%€749▼ 31.8%€1,318▲ 76.0%
Net result€5,349within the sector's middle half€1,477within the sector's middle half▼ 72.4%€1,053within the sector's middle half▼ 28.7%€704within the sector's middle half▼ 33.1%€1,273within the sector's middle half▲ 80.8%
EBIT margin51.3%40.2%▼ 11.1pp9.9%▼ 30.3pp47.0%▲ 37.1pp
Equity-€4,362below the sector's middle half▲ 55.1%-€2,885below the sector's middle half▲ 33.9%-€1,832below the sector's middle half▲ 36.5%-€1,128below the sector's middle half▲ 38.4%€144below the sector's middle half
Total assets€1,568below the sector's middle half▲ 255%€166below the sector's middle half▼ 89.4%€38below the sector's middle half▼ 77.3%€19below the sector's middle half▼ 50.4%€1,331below the sector's middle half▲ 7,027%
Debt€5,931▼ 41.6%€3,051▼ 48.6%€1,870▼ 38.7%€1,147▼ 38.7%€1,187▲ 3.5%
Working capital-€4,362within the sector's middle half▲ 55.1%-€2,885within the sector's middle half▲ 33.9%-€1,832within the sector's middle half▲ 36.5%-€1,128within the sector's middle half▲ 38.4%€144within the sector's middle half
above within below the middle half (P25 to P75) of NACE 50, Water transport, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000€6,000Operating result 2021: €5,465€5,465Net result 2021: €5,349€5,349Operating result 2022: €1,526€1,526Net result 2022: €1,477€1,477Operating result 2023: €1,098€1,098Net result 2023: €1,053€1,053Operating result 2024: €749€749Net result 2024: €704€704Operating result 2025: €1,318€1,318Net result 2025: €1,273€1,27320212022202320242025€0€500€1,000€1,500Operating result 2023: €1,098€1,100Net result 2023: €1,053€1,050Operating result 2024: €749€749Net result 2024: €704€704Operating result 2025: €1,318€1,320Net result 2025: €1,273€1,270202320242025
The operating result recovers in 2025; 2025 is 76% above 2024.
Balance-sheet composition
Equity and liabilities €1,331
Equity €144
Debt €1,187
Debt finances 89.2% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€1,187▲
2024 · €1,147
Ratios withheld: a balance sheet total of €1,331 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
3.7% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,818 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€19€1,331▲
Current assets29/58€19€1,331▲
Cash at bank and in hand54/58€19€1,331▲
Equity and liabilities
Total equity and liabilities10/49€19€1,331▲
Equity10/15-€1,128€144▲
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Profit (loss) carried forward14-€19,720-€18,448▲
Amounts payable17/49€1,147€1,187▲
Amounts payable within one year42/48€1,147€1,187▲
Trade debts44€617€1,187▲
Suppliers440/4€617€1,187▲
Other amounts payable47/48€530-
Income statement Code20242025
Turnover70€7,590€2,805▼
Goods, raw materials, services and sundry goods60/61€6,383€1,016▼
Other operating charges640/8€458€471▲
Gross operating margin9900€1,207€1,789▲
Operating profit (loss)9901€749€1,318▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€704€1,273▲
Profit (loss) for the period9904€704€1,273▲
Profit (loss) for the period to be appropriated9905€704€1,273▲
Appropriation of the result
Profit (loss) to be appropriated9906-€19,720-€18,448▲
Profit (loss) brought forward from the previous period14P-€20,424-€19,720▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70-€2,975€2,730€7,590€2,805▼ 63.0%
Goods, raw materials, services and sundry goods60/61-€1,066€1,248€6,383€1,016▼ 84.1%
Other operating charges640/8€967€419€384€458€471▲ 2.7%
Gross operating margin9900€6,432€1,944€1,482€1,207€1,789▲ 48.1%
Operating profit (loss)9901€5,465€1,526€1,098€749€1,318▲ 76.0%
Financial charges65/66B€116€49€45€45€45=
Recurring financial charges65€116€49€45€45€45=
Profit (loss) for the period before taxes9903€5,349€1,477€1,053€704€1,273▲ 80.8%
Profit (loss) for the period9904€5,349€1,477€1,053€704€1,273▲ 80.8%
Profit (loss) for the period to be appropriated9905€5,349€1,477€1,053€704€1,273▲ 80.8%
Line20212022202320242025Change
Assets
Total assets20/58€1,568€166€38€19€1,331▲ 7,027%
Current assets29/58€1,568€166€38€19€1,331▲ 7,027%
Cash at bank and in hand54/58€1,568€166€38€19€1,331▲ 7,027%
Equity and liabilities
Total equity and liabilities10/49€1,568€166€38€19€1,331▲ 7,027%
Equity10/15-€4,362-€2,885-€1,832-€1,128€144▲ 113%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10€18,592€18,592€18,592€18,592€18,592=
Issued capital100€18,592€18,592€18,592€18,592€18,592=
Profit (loss) carried forward14-€22,954-€21,477-€20,424-€19,720-€18,448▲ 6.5%
Amounts payable17/49€5,931€3,051€1,870€1,147€1,187▲ 3.5%
Amounts payable within one year42/48€5,931€3,051€1,870€1,147€1,187▲ 3.5%
Trade debts44€660€605€548€617€1,187▲ 92.3%
Suppliers440/4€660€605€548€617€1,187▲ 92.3%
Other amounts payable47/48€5,271€2,446€1,323€530--
Line20212022202320242025Change
Profit (loss) for the period9904€5,349€1,477€1,053€704€1,273▲ 80.8%
Operating cash flow (approximation)€5,349€1,477€1,053€704€1,273▲ 80.8%
Change in cash--€1,402-€128-€19€1,313▲ 7,027%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial Liquidity times 69current ratio 1.12
Current ratio from 0.02 to 1.12.
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial Weakest financial yearnet €704 ▼33.1%
Net result drops to €704, the lowest in the series; recovery starts the following year.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Highest result since 2018net €5,349 ▲324%
Operating result €5,465, net result €5,349, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
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.

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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, Brussel · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
1,606 m²
Building footprint
1,188 m²
Volume, LiDAR
28,741 m³
2 parcels, Brussels · tallest building 29.8 m, ±9 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Fonsnylaan 14, 1060 Sint-Gillis (bij-Brussel)
Water transport
since 19922.057.301.506
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21562A0388/00B006 Brussels 1,399 m² 1 · 1,098 m² 29.8 m · 9 fl.
21818A0269/00X003 Brussels 207 m² 1 · 90 m² 15.1 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,676 companies in sector 50103 we hold annual accounts for 1,871. 12 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded18-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Not found in the Peppol register

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.