Cybernet Technologies Engineering
ActiveSummary
Cybernet Technologies Engineering has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €177,154 and a net result of €21,877. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 11619 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-4
Solvency68▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.16 in 2023; short-term debt: 28.5% and cash: 15.1% of total assets), and 57.2% of the assets are financed with debt.
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Signals
Four 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 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 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
70 d late
2022
55 d late
2021
98 d late
2020
84 d late
2019
98 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 77 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€177,154▲ 14.1%
2023 · €155,277
Total assets
€413,488▼ 5.0%
2023 · €435,281
Net result
€21,877▼ 39.4%
2023 · €36,091
Working capital
€8,370▼ 59.9%
2023 · €20,885
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
Line20202021202220232024
Operating result€33,009▲ 30.0%€29,495▼ 10.6%€36,482▲ 23.7%€52,050▲ 42.7%€32,532▼ 37.5%
Net result€20,069within the sector's middle half▲ 26.4%€17,316within the sector's middle half▼ 13.7%€23,892within the sector's middle half▲ 38.0%€36,091within the sector's middle half▲ 51.1%€21,877within the sector's middle half▼ 39.4%
Equity€77,978within the sector's middle half▲ 34.7%€95,294within the sector's middle half▲ 22.2%€119,186within the sector's middle half▲ 25.1%€155,277within the sector's middle half▲ 30.3%€177,154above the sector's middle half▲ 14.1%
Total assets€424,801above the sector's middle half▲ 1.7%€461,469above the sector's middle half▲ 8.6%€465,703above the sector's middle half▲ 0.9%€435,281above the sector's middle half▼ 6.5%€413,488above the sector's middle half▼ 5.0%
Debt€346,823▼ 3.6%€366,175▲ 5.6%€346,517▼ 5.4%€280,004▼ 19.2%€236,334▼ 15.6%
Working capital€7,536within the sector's middle half▼ 49.8%-€23,673below the sector's middle half€8,108within the sector's middle half€20,885within the sector's middle half▲ 158%€8,370within the sector's middle half▼ 59.9%
Solvency18.4%below the sector's middle half▲ 4.5pp20.7%below the sector's middle half▲ 2.3pp25.6%below the sector's middle half▲ 4.9pp35.7%within the sector's middle half▲ 10.1pp42.8%within the sector's middle half▲ 7.2pp
Current ratio1.06below the sector's middle half▼ 0.070.83below the sector's middle half▼ 0.231.05below the sector's middle half▲ 0.221.16within the sector's middle half▲ 0.111.07below the sector's middle half▼ 0.09
Return on assets (ROA)4.7%within the sector's middle half▲ 0.9pp3.8%within the sector's middle half▼ 1.0pp5.1%within the sector's middle half▲ 1.4pp8.3%within the sector's middle half▲ 3.2pp5.3%within the sector's middle half▼ 3.0pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
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 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €413,488
Fixed assets
€287,236 ▼ 0.1%
Current assets
€126,252 ▼ 14.6%
Equity and liabilities €413,488
Equity
€177,154 ▲ 14.1%
Debt
€236,334 ▼ 15.6%
Debt's share of the balance-sheet total falls from 64.3% to 57.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58,479▼
2023 · €78,040
Cash flow
€47,824▼
2023 · €62,081
Debt to equity
1.33▼
2023 · 1.80
ROE
12.3%▼
2023 · 23.2%
Interest coverage
17.51▼
2023 · 18.38
Debt ≤ 1 year
€117,882▼
2023 · €126,993
Debt > 1 year
€117,452▼
2023 · €153,011
Income taxes
€7,315▼
2023 · €11,712
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 34,696 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €20,786 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,032 | €26,698 | €14,752 | €25,990 | €25,947 | ▼ 0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €9,233 | - | €2,703 | - |
| Other operating charges640/8 | - | €3,210 | €2,052 | €3,674 | €2,377 | ▼ 35.3% |
| Gross operating margin9900 | €56,214 | €59,403 | €62,519 | €81,714 | €63,559 | ▼ 22.2% |
| Operating profit (loss)9901 | €33,009 | €29,495 | €36,482 | €52,050 | €32,532 | ▼ 37.5% |
| Financial charges65/66B | - | €4,659 | €4,292 | €4,247 | €3,340 | ▼ 21.4% |
| Recurring financial charges65 | €5,583 | €4,659 | €4,292 | €4,247 | €3,340 | ▼ 21.4% |
| Profit (loss) for the period before taxes9903 | €27,426 | €24,836 | €32,190 | €47,803 | €29,192 | ▼ 38.9% |
| Income taxes67/77 | €7,357 | €7,520 | €8,298 | €11,712 | €7,315 | ▼ 37.5% |
| Profit (loss) for the period9904 | €20,069 | €17,316 | €23,892 | €36,091 | €21,877 | ▼ 39.4% |
| Profit (loss) for the period to be appropriated9905 | €20,069 | €17,316 | €23,892 | €36,091 | €21,877 | ▼ 39.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €424,801 | €461,469 | €465,703 | €435,281 | €413,488 | ▼ 5.0% |
| Fixed assets21/28 | €291,866 | €347,908 | €302,597 | €287,403 | €287,236 | ▼ 0.1% |
| Tangible fixed assets22/27 | €291,866 | €347,908 | €302,597 | €287,403 | €287,236 | ▼ 0.1% |
| Land and buildings22 | - | €260,071 | €253,937 | €246,636 | €240,625 | ▼ 2.4% |
| Plant, machinery and equipment23 | - | €5,661 | €4,445 | €3,045 | €9,495 | ▲ 212% |
| Furniture and vehicles24 | - | €82,176 | €28,625 | €18,951 | €25,959 | ▲ 37.0% |
| Other tangible fixed assets26 | - | - | €5,510 | €18,771 | €11,157 | ▼ 40.6% |
| Assets under construction and advance payments27 | - | - | €10,080 | - | - | - |
| Current assets29/58 | €132,935 | €113,561 | €163,106 | €147,878 | €126,252 | ▼ 14.6% |
| Amounts receivable within one year40/41 | €54,363 | €70,133 | €80,109 | €86,395 | €63,147 | ▼ 26.9% |
| Trade receivables40 | - | €70,133 | €78,328 | €83,211 | €57,045 | ▼ 31.4% |
| Other amounts receivable41 | - | - | €1,781 | €3,184 | €6,102 | ▲ 91.6% |
| Current investments50/53 | €688 | €688 | €688 | €688 | €688 | = |
| Cash at bank and in hand54/58 | €77,484 | €42,647 | €82,108 | €60,795 | €62,417 | ▲ 2.7% |
| Deferred charges and accrued income490/1 | - | €93 | €201 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €424,801 | €461,469 | €465,703 | €435,281 | €413,488 | ▼ 5.0% |
| Equity10/15 | €77,978 | €95,294 | €119,186 | €155,277 | €177,154 | ▲ 14.1% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | - | €2,000 | - |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | - | €2,000 | - |
| Distributable reserves133 | - | - | - | €2,000 | - | - |
| Profit (loss) carried forward14 | €55,978 | €73,294 | €97,186 | €133,277 | €155,154 | ▲ 16.4% |
| Amounts payable17/49 | €346,823 | €366,175 | €346,517 | €280,004 | €236,334 | ▼ 15.6% |
| Amounts payable after more than one year17 | €221,324 | €228,941 | €191,171 | €153,011 | €117,452 | ▼ 23.2% |
| Financial debts170/4 | - | €228,941 | €191,171 | €153,011 | €117,452 | ▼ 23.2% |
| Amounts payable within one year42/48 | €125,399 | €137,234 | €154,998 | €126,993 | €117,882 | ▼ 7.2% |
| Current portion of amounts payable after more than one year42 | - | €37,383 | €37,769 | €38,161 | €35,559 | ▼ 6.8% |
| Trade debts44 | €9,814 | €3,314 | €39,995 | €11,285 | €9,721 | ▼ 13.9% |
| Suppliers440/4 | - | €3,314 | €39,995 | €11,285 | €9,721 | ▼ 13.9% |
| Advances received on contracts in progress46 | - | €836 | €836 | €837 | €837 | = |
| Taxes, remuneration and social security45 | - | €16,062 | €1,995 | €2,465 | €2,465 | = |
| Taxes450/3 | - | €16,062 | €1,995 | €2,465 | €2,465 | = |
| Other amounts payable47/48 | - | €79,639 | €74,403 | €74,245 | €69,300 | ▼ 6.7% |
| Accrued charges and deferred income492/3 | - | - | €348 | - | €1,000 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,069 | €17,316 | €23,892 | €36,091 | €21,877 | ▼ 39.4% |
| + Depreciation and write-downs630 | €21,032 | €26,698 | €14,752 | €25,990 | €25,947 | ▼ 0.2% |
| Operating cash flow (approximation) | €41,101 | €44,014 | €38,644 | €62,081 | €47,824 | ▼ 23.0% |
| Investment in fixed assets (approximation) | - | -€82,740 | €30,559 | -€10,796 | -€25,780 | ▼ 139% |
| Change in cash | - | -€34,837 | €39,461 | -€21,313 | €1,622 | ▲ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
31-12
Financial
Highest result since 2018net €36,091 ▲51.1%
Operating result €52,050, net result €36,091, both a record.
31-12
Financial
Equity above €150,000Eq €155,277 ▲30.3%
5 profitable years in a row build equity to €155,277.
24-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 55 days late
2022
31-12
Financial
Equity above €100,000Eq €119,186 ▲25.1%
4 profitable years in a row build equity to €119,186.
06-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 98 days late
2021
23-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 84 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
06-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 464 days late
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 829 days late
2019
31-12
Financial
Back to profitnet €15,875
Net result €15,875 after one loss-making year.
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 414 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Theux
Ground area
2,828 m²
Building footprint
214 m²
Volume, LiDAR
1,093 m³
Parcel 63044C0261/00V000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63044C0261/00V000 | Wallonia | 2,828 m² | 1 · 214 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 11,573 companies in sector 71121 we hold annual accounts for 6,570. 5,200 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
Founded14-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
46180Agents specialised in the wholesale of other particular products
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0821419754
Also
9925:BE0821419754
Registered
09-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.