Equity
€61,174 ▼ 62.2%
CYBERDEV paid out €200,000 in dividends. That is 202% of the 2025 profit.
CYBERDEV
Overview
Lifetime
3 annual accounts with figures on one time axispeak €149,536 (2025)
€149,536▲ 5.6%
peak €99,177 (2025)
€99,177▲ 1.2%
peak €161,997 (2024)
€61,174▼ 62.2%
€271,596▲ 356%
Board1 name since 2023
1 directorLEVIN Ariel Damian
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Dividend €200,000Equity from €161,997 to €61,174Debts from €59,508 to €271,596
Key points
from the 2025 annual accountsTurnover
≈ €380,000 estimated
The accounts state no turnover.
Debts
€271,596 ▲ 356%
Debts rose by €212,088 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
1.05 was 2.85 in 2024
Short-term debts rose from €59,508 to €271,596.
Filings
3 annual accounts 3 late
The 2024 accounts came latest: 31 days after the end of the period.
Starting capital
€25,000 100 shares
Checked score
90
Excellent
Financially stronger than 46% of micro companies in publishing (NACE 58)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,282 companies (NACE 58, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.2%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 0.1%▼ -0.1 percentage points vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: 0.1%▲ +0.1 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.2%▲ +0.1 percentage points vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
lowers risk
Sector: Publishing activities (NACE 58)
Liquidity: current ratio 1.05, cash €133,003
Size: total assets €332,770
Calculation
The band follows from the bankruptcy probability. 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 58, micro). It does better than 31% of them on solvency, 49% on liquidity, 93% on profitability and 12% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as CYBERDEV has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CYBERDEV itself is lower: 0.2% within 12 months. It rests on far more data about CYBERDEV than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for CYBERDEV. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.05 (2.85 in 2024), below the usual 1.5. Short-term debt is 81.6% and cash 40% of total assets. 81.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
31 days late
2024
31 days late
2023
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 31 days after the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · 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 31 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801222671
First establishment
Rue du Plagniau 21, Rixensart
Incorporation
Founding capital of €25,000, 100 shares · Founder: LEVIN Ariel Damian · Appointment: LEVIN Ariel Damian (director) · published on 02-05-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CYBERDEV Rixensart | €332,770 | €149,536 | 18.4% | - |
| DVL Chiptuning Londerzeel | €276,774 | €140,270 | 95.8% | - |
| HAKUBA Woluwe-Saint-Pierre | €348,134 | €179,106 | 76.8% | - |
| PRODUCTIVITY 5 Liège | €272,218 | €182,033 | 45.1% | - |
| Leap Technologies Ghent | €474,569 | €185,300 | 84.8% | - |
| TAILORED SOFTWARE Antwerp | €280,974 | €81,344 | 50.0% | - |
| VANDECASTEELE MARTIJN ENGINEERING Ichtegem | €239,583 | €95,002 | 25.8% | - |
These companies have the same main activity as CYBERDEV: other software publishing (NACE 58290). They are comparable in size and age: total assets between €240,000 and €475,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 27-04-2023Normal situation
- Activity
- Other software publishingNACE 58290and 4 others
- Establishment unit
- 2.345.088.4301330 Rixensart, since 01-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Annual accounts 2025
- €149,536▲ 5.6%
- €99,177▲ 1.2%
- €61,174▼ 62.2%
- €332,770▲ 50.2%
- Filing
- Filed on 31-08-2026
Insights on CYBERDEV
Solvency fell in 2025 from 73.1% to 18.4% because of the dividend.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
full format, filed on 31-08-2026, 31 days late€149,536
▲ 5.6%
€128,357
▼ 0.3%
€99,177
▲ 1.2%
€13,536
▼ 87.7%
18.4%
▼ 54.8 percentage points
1.05
▼ 1.80
The turnover shown is an estimate from the gross margin.
Turnover ≈ €380,000. Estimated: probably between €230,000 and €710,000.
Balance sheet
balance sheet total €332,770 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
18.4%
Higher than 35% of 193 companies in 2025.
1.05
Higher than 26% of 190 companies in 2025.
29.8%
Higher than 95% of 190 companies in 2025.
CYBERDEV
Middle half of the sector
80% of the sector
Full accounts in publishing (NACE 58)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
332,770 | 221,505 | 90,038 | |
21/28 |
47,638 | 51,781 | 3,981 | |
22/27 |
47,638 | 51,781 | 3,981 | |
23 |
4,250 | 3,393 | 3,981 | |
26 |
43,388 | 48,388 | - | |
29/58 |
285,132 | 169,725 | 86,058 | |
40/41 |
151,385 | 57,798 | 37,080 | |
40 |
64,712 | 57,798 | 37,080 | |
41 |
86,674 | - | - | |
54/58 |
133,003 | 111,291 | 48,103 | |
490/1 |
744 | 636 | 875 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
332,770 | 221,505 | 90,038 | |
10/15 |
61,174 | 161,997 | 64,005 | |
10/11 |
25,000 | 25,000 | 25,000 | |
11 |
25,000 | 25,000 | - | |
1100/10 |
25,000 | 25,000 | - | |
14 |
36,174 | 136,997 | 39,005 | |
17/49 |
271,596 | 59,508 | 26,033 | |
42/48 |
271,596 | 59,508 | 26,033 | |
44 |
2,127 | 3,878 | 2,567 | |
440/4 |
2,127 | 3,878 | 2,567 | |
45 |
65,749 | 52,415 | 20,656 | |
450/3 |
65,586 | 49,420 | 20,656 | |
454/9 |
163 | 2,995 | - | |
47/48 |
203,720 | 3,215 | 2,810 | |
| Income statement | ||||
9900 |
149,536 | 141,644 | 50,168 | |
62 |
2,109 | - | - | |
630 |
7,467 | 3,273 | 642 | |
640/8 |
11,603 | 9,596 | 114 | |
9901 |
128,357 | 128,774 | 49,412 | |
75/76B |
1,674 | 47 | - | |
75 |
1,674 | 47 | - | |
65/66B |
3,014 | 3,401 | 231 | |
65 |
3,014 | 3,401 | 231 | |
9903 |
127,018 | 125,421 | 49,181 | |
67/77 |
27,841 | 27,429 | 10,176 | |
9904 |
99,177 | 97,992 | 39,005 | |
9905 |
99,177 | 97,992 | 39,005 | |
| Appropriation of the result | ||||
9906 |
236,174 | 136,997 | 39,005 | |
14P |
136,997 | 39,005 | - | |
694/7 |
200,000 | - | - | |
694 |
200,000 | - | - | |
| Document | ||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00500331.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 135,824 | 132,048 | 50,055 | ||
| 106,643 | 101,265 | 39,648 | ||
| 3,324 | 51,074 | 4,623 | ||
| 21,712 | 63,188 | - | ||
| 13,536 | 110,216 | 60,025 | ||
| 18.4% | 73.1% | 71.1% | ||
| 1.05 | 2.85 | 3.31 | ||
| 4.44 | 0.37 | 0.41 | ||
| 162.1% | 60.5% | 60.9% | ||
| 29.8% | 44.2% | 43.3% | ||
| 45.07 | 38.83 | over 100 |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €3,324 | €51,074 | €4,623 |
| €7,467 | €3,273 | €642 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on CYBERDEV
The operating result for 2025 is 0% lower than in 2024.
Debt's share of the balance-sheet total rises from 26.9% to 81.6%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationMandates through the years
1 name, the dashed line is todayLEVIN Ariel Damian
Director
Director
Board
Mandates as a list
- LEVIN Ariel Damian
- Director, appointed by deed of 02-05-2023, still in office
Control
Capital
- Contribution
- €25,000
- Shares
- 100
- Contribution per share
- €250
- Equity per share
- €612 in 2025
- Source
- deed of 02-05-2023
Articles of association
deed of 02-05-2023 (in French)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of May at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 02-05-2023 ↗
- LEVIN Ariel Damian 100 shares (100%) · in cash
Network & group
No group
CYBERDEV has no parent and no holdings in its annual accounts. LEVIN Ariel Damian is the only director. CYBERDEV shares no director with another company.
At the same address
Rue du Plagniau 21, 1330 Rixensart · 1 other company| Kramarz, Muriel (sole trader)
establishment since 20-08-2019 |
founded in 2019 0543.221.180 |
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBfull format · 31 days late
2025
Highest result from 2023 to 2025 net €99,177 ▲1.2% The net result of €99,177 is the highest of those years.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0801222671
Annual accounts 2024 filed PDFfull format · 31 days late
2024
Equity above €150,000 equity €161,997 ▲153% With a profit in every financial year since 2023, equity grows to €161,997.
Annual accounts 2023 filed PDFmicro format · 30 days late
2023
First establishment Rue du Plagniau 21, Rixensart
IncorporationFounding capital of €25,000, 100 shares · Founder: LEVIN Ariel Damian · Appointment: LEVIN Ariel Damian (director) · published on 02-05-20233 points ▸
- Director appointment, LEVIN Ariel Damian
- Founder, LEVIN Ariel Damian
- Founding capital, €25,000, 100 shares
- The deed holds 3 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
CYBERDEV was incorporated on 27 April 2023 as a private limited company by one natural person, with a starting capital of €25,000.12 LEVIN Ariel Damian is director of the company, appointed by deed of 02-05-2023.2 Total assets rose from €90,038 in 2023 to €332,770 in 2025.3
Company details
Identity
- Enterprise number
- 0801.222.671
- VAT number
- BE 0801.222.671
- Peppol ID
- 0208:0801222671
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 27-04-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of May at 18:00deed of 02-05-2023 (in French)
- Peppol
- Reachable since 13-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CYBERDEV in French
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Rue du Plagniau 21, 1330 Rixensart”deed of 02-05-2023 (in French)
Activities
NACEBEL 2025VAT activities
58290
Other software publishing main activity
62100
Computer programming
Social security (RSZ) activities
62200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
58290
Publishing activities main activity
62010
Computer programming, consultancy and related activities
62020
IT consultancy
62030
Computer programming, consultancy and related activities
62090
Computer programming, consultancy and related activities
63110
Computing infrastructure, data processing, hosting and other information service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’exploitation d’un bureau d’études,d’organisation et de conseil en informatique,sécurité,gestion de projets et télécommunications et…”deed of 02-05-2023 (in French)
13 activities
- L’exploitation d’un bureau d’études,d’organisation et de conseil en informatique,sécurité,gestion de projets et télécommunications et notamment,la consultance de vente de services cybersécurités aux grandes et moyennes entreprises,l’assistance aux entreprises dans le domaine de la cybersécurité.
- L’exploitation d’un centre d’appel et de surveillance permanent de la sécurité de systèmes d’informations critiques.
- La réalisation d’audit et de mise en conformité par rapport aux normes de sécurité et de qualité en vigueur.
- La fourniture de toutes prestations,de conseils,de services et de produits sur place ou à distance dans les domaines de la sécurité informatique,et des technologies de l’information.
- L’achat,la vente,la location,la représentation et la fourniture de logiciels informatique,de matériel informatique,de réseaux informatiques et de moyens de télécommunications,et notamment l’optimisation des installations HIFI.
- L’achat,la vente,la réalisation de moyens d’authentification forte tels que les cartes puces,tokens,systèmes biométriques.
- La réalisation et l’édition de logiciels.
- La réalisation et la conception de matériel électronique associés aux systèmes informatiques et systèmes de sécurité.
- L’exploitation d’un centre de formation.
- La réalisation,l’édition et la diffusion d’ouvrages,de documentations et de support multimédias sur les sujets de l’informatique,de la sécurité et des technologies de l’information.
- Le traitement de données,pour leur sauvegarde,leur récupération,ou leur encryption.
- L’achat,la vente,la gestion,le traitement et l’émission de certificats numériques.
- L’achat,la vente,la gestion de services web (hosting),de serveurs web (housing).
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue du Plagniau 21 registered office 1330 Rixensart | 01-07-2023 | 2.345.088.430 |
Buildings and parcels at the address
- Ground area
- 740 m²
- Buildings
- 127 m²
- Volume, LiDAR
- 642 m³
- Tallest building
- 7.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25091G0445/00H000 | 740 m² | 1 · 127 m² | 7.3 m · 2 |