CYBO
ActiveSummary
CYBO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €308k and a net result of €-13k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 42% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▼-16
Solvency65▼-10
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 2.54 in 2024; short-term debt: 35.7% and cash: 0.4% of total assets), but 60% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
29 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
24 d late
2019
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€308k▼ 4.1%
2024 · €321k
2018: €341k
2019: €343k▲ +0.5% vs 2018
2020: €364k▲ +6.3% vs 2019highest in 8 years
2021: €337k▼ -7.5% vs 2020
2022: €328k▼ -2.5% vs 2021
2023: €306k▼ -6.7% vs 2022lowest in 8 years
2024: €321k▲ +4.7% vs 2023
2025: €308k▼ -4.1% vs 2024
2018 → 2025
Total assets
€768k▲ 19.4%
2024 · €643k
2018: €528klowest in 8 years
2019: €597k▲ +13.0% vs 2018
2020: €674k▲ +12.9% vs 2019
2021: €750k▲ +11.3% vs 2020
2022: €706k▼ -5.8% vs 2021
2023: €708k▲ +0.3% vs 2022
2024: €643k▼ -9.2% vs 2023
2025: €768k▲ +19.4% vs 2024highest in 8 years
2018 → 2025
Net result
€-13k
2024 · €14k
2018: €-40klowest in 8 years
2019: €2k▲ +104% vs 2018
2020: €22k▲ +1270% vs 2019highest in 8 years
2021: €-27k▼ -226% vs 2020
2022: €-9k▲ +68.6% vs 2021
2023: €-22k▼ -159% vs 2022
2024: €14k▲ +165% vs 2023
2025: €-13k▼ -191% vs 2024
2018 → 2025
Working capital
€154k▼ 8.9%
2024 · €169k
2018: €-75klowest in 8 years
2019: €100k▲ +233% vs 2018
2020: €92k▼ -8.0% vs 2019
2021: €227k▲ +147% vs 2020highest in 8 years
2022: €215k▼ -5.1% vs 2021
2023: €125k▼ -41.7% vs 2022
2024: €169k▲ +34.9% vs 2023
2025: €154k▼ -8.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€337k-€328k▼ 2.5%€306k▼ 6.7%€321k▲ 4.7%€308k▼ 4.1%
2021: €337khighest in 5 years
2022: €328k▼ -2.5% vs 2021
2023: €306k▼ -6.7% vs 2022lowest in 5 years
2024: €321k▲ +4.7% vs 2023
2025: €308k▼ -4.1% vs 2024
Operating result€-18k-€8k€-15k€25k€9k▼ 64.7%
2021: €-18klowest in 5 years
2022: €8k▲ +147% vs 2021
2023: €-15k▼ -281% vs 2022
2024: €25k▲ +267% vs 2023highest in 5 years
2025: €9k▼ -64.7% vs 2024
Net result€-27k-€-9k▲ 68.6%€-22k▼ 159%€14k€-13k
2021: €-27klowest in 5 years
2022: €-9k▲ +68.6% vs 2021
2023: €-22k▼ -159% vs 2022
2024: €14k▲ +165% vs 2023highest in 5 years
2025: €-13k▼ -191% vs 2024
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 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €768k
Fixed assets
€339k ▼ 6.7%
Current assets
€429k ▲ 53.4%
Equity and liabilities €768k
Equity
€308k ▼ 4.1%
Debt
€460k ▲ 42.8%
Debt's share of the balance-sheet total rises from 50.1% to 60.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€63k▼
2024 · €81k
Cash flow
€41k▼
2024 · €70k
Current ratio
1.56▼
2024 · 2.54
Quick ratio
1.12▲
2024 · 0.85
Debt to equity
1.50▲
2024 · 1.01
ROE
-4.3%▼
2024 · 4.5%
ROA
-1.7%▼
2024 · 2.2%
Interest coverage
4.77▼
2024 · 11.94
Debt ≤ 1 year
€274k▲
2024 · €110k
Debt > 1 year
€186k▼
2024 · €202k
Income taxes
€9k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€643k€768k▲
Fixed assets21/28€364k€339k▼
Tangible fixed assets22/27€364k€336k▼
Land and buildings22€298k€270k▼
Plant, machinery and equipment23€63k€65k▲
Furniture and vehicles24€2k€772▼
Financial fixed assets28-€4k
Current assets29/58€279k€429k▲
Stocks and contracts in progress3€185k€120k▼
Stocks30/36€185k€120k▼
Amounts receivable within one year40/41€93k€299k▲
Trade receivables40€43k€111k▲
Other amounts receivable41€49k€188k▲
Cash at bank and in hand54/58€206€3k▲
Deferred charges and accrued income490/1€1k€6k▲
Equity and liabilities
Total equity and liabilities10/49€643k€768k▲
Equity10/15€321k€308k▼
Contributions10/11€7k€7k=
Revaluation surpluses12€208k€177k▼
Reserves13€105k€123k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€105k€123k▲
Amounts payable17/49€323k€460k▲
Amounts payable after more than one year17€202k€186k▼
Financial debts170/4€202k€186k▼
Amounts payable within one year42/48€110k€274k▲
Current portion of amounts payable after more than one year42€54k€151k▲
Trade debts44€23k€81k▲
Suppliers440/4€23k€81k▲
Taxes, remuneration and social security45€4k€13k▲
Taxes450/3€4k€13k▲
Other amounts payable47/48€30k€30k=
Accrued charges and deferred income492/3€11k€289▼
Income statement
Code20242025
Non-recurring operating income76A€533€0▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€54k▼
Other operating charges640/8€5k€18k▲
Non-recurring operating charges66A€26k€0▼
Gross operating margin9900€112k€81k▼
Operating profit (loss)9901€25k€9k▼
Financial income75/76B€5€2▼
Recurring financial income75€5€2▼
Financial charges65/66B€7k€13k▲
Recurring financial charges65€7k€13k▲
Profit (loss) for the period before taxes9903€18k€-4k▼
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€14k€-13k▼
Profit (loss) for the period to be appropriated9905€14k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€-13k▼
Transfer from equity791/2€0€13k▲
Transfer to equity691/2€14k€0▼
To other reserves6921€14k€0▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €533 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | €-10 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46k | €50k | €59k | €56k | €54k | ▼ 2.6% |
| Other operating charges640/8 | €5k | €5k | €6k | €5k | €18k | ▲ 258% |
| Non-recurring operating charges66A | - | - | - | €26k | €0 | ▼ 100% |
| Gross operating margin9900 | €34k | €63k | €50k | €112k | €81k | ▼ 27.6% |
| Operating profit (loss)9901 | €-18k | €8k | €-15k | €25k | €9k | ▼ 64.7% |
| Financial income75/76B | €31 | €3k | €314 | €5 | €2 | ▼ 60.9% |
| Recurring financial income75 | €31 | €3k | €314 | €5 | €2 | ▼ 60.9% |
| Financial charges65/66B | €9k | €8k | €7k | €7k | €13k | ▲ 95.4% |
| Recurring financial charges65 | €9k | €8k | €7k | €7k | €13k | ▲ 95.4% |
| Profit (loss) for the period before taxes9903 | €-27k | €4k | €-22k | €18k | €-4k | ▼ 124% |
| Income taxes67/77 | €370 | €12k | €311 | €4k | €9k | ▲ 130% |
| Profit (loss) for the period9904 | €-27k | €-9k | €-22k | €14k | €-13k | ▼ 191% |
| Profit (loss) for the period to be appropriated9905 | €-27k | €-9k | €-22k | €14k | €-13k | ▼ 191% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €750k | €706k | €708k | €643k | €768k | ▲ 19.4% |
| Fixed assets21/28 | €451k | €401k | €434k | €364k | €339k | ▼ 6.7% |
| Tangible fixed assets22/27 | €451k | €401k | €434k | €364k | €336k | ▼ 7.8% |
| Land and buildings22 | €387k | €357k | €327k | €298k | €270k | ▼ 9.5% |
| Plant, machinery and equipment23 | €40k | €29k | €102k | €63k | €65k | ▲ 2.8% |
| Furniture and vehicles24 | €23k | €14k | €5k | €2k | €772 | ▼ 66.6% |
| Financial fixed assets28 | - | - | - | - | €4k | - |
| Current assets29/58 | €299k | €305k | €274k | €279k | €429k | ▲ 53.4% |
| Stocks and contracts in progress3 | €244k | €198k | €196k | €185k | €120k | ▼ 35.3% |
| Stocks30/36 | €200k | €198k | €196k | €185k | €120k | ▼ 35.3% |
| Contracts in progress37 | €44k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €42k | €87k | €65k | €93k | €299k | ▲ 223% |
| Trade receivables40 | €36k | €56k | €32k | €43k | €111k | ▲ 159% |
| Other amounts receivable41 | €6k | €31k | €33k | €49k | €188k | ▲ 280% |
| Cash at bank and in hand54/58 | €12k | €16k | €10k | €206 | €3k | ▲ 1,401% |
| Deferred charges and accrued income490/1 | €1k | €4k | €3k | €1k | €6k | ▲ 386% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €750k | €706k | €708k | €643k | €768k | ▲ 19.4% |
| Equity10/15 | €337k | €328k | €306k | €321k | €308k | ▼ 4.1% |
| Contributions10/11 | €7k | €7k | €7k | €7k | €7k | = |
| Capital10 | €7k | - | - | - | - | - |
| Issued capital100 | €19k | - | - | - | - | - |
| Uncalled capital101 | €11k | - | - | - | - | - |
| Revaluation surpluses12 | €285k | €223k | €208k | €208k | €177k | ▼ 14.8% |
| Reserves13 | €44k | €98k | €91k | €105k | €123k | ▲ 16.7% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Legal reserve130 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | €43k | €96k | €89k | €105k | €123k | ▲ 16.7% |
| Amounts payable17/49 | €413k | €378k | €402k | €323k | €460k | ▲ 42.8% |
| Amounts payable after more than one year17 | €340k | €288k | €253k | €202k | €186k | ▼ 7.9% |
| Financial debts170/4 | €340k | €288k | €253k | €202k | €186k | ▼ 7.9% |
| Amounts payable within one year42/48 | €73k | €90k | €148k | €110k | €274k | ▲ 149% |
| Current portion of amounts payable after more than one year42 | €58k | €53k | €64k | €54k | €151k | ▲ 179% |
| Trade debts44 | €12k | €21k | €82k | €23k | €81k | ▲ 260% |
| Suppliers440/4 | €12k | €21k | €82k | €23k | €81k | ▲ 260% |
| Taxes, remuneration and social security45 | - | €16k | €3k | €4k | €13k | ▲ 229% |
| Taxes450/3 | - | €16k | €3k | €4k | €13k | ▲ 229% |
| Other amounts payable47/48 | €2k | - | - | €30k | €30k | = |
| Accrued charges and deferred income492/3 | - | - | - | €11k | €289 | ▼ 97.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-27k | €-9k | €-22k | €14k | €-13k | ▼ 191% |
| + Depreciation and write-downs630 | €46k | €50k | €59k | €56k | €54k | ▼ 2.6% |
| Operating cash flow (approximation) | €19k | €41k | €37k | €70k | €41k | ▼ 41.6% |
| Investment in fixed assets (approximation) | - | €0 | €-92k | €15k | €-30k | ▼ 298% |
| Change in cash | - | €4k | €-7k | €-9k | €3k | ▲ 131% |
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
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 4.13
Current ratio from 1.74 to 4.13; short-term debt falls from €124k to €73k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Highest result since 2018net €22k ▲1,270%
Operating result €28k, net result €22k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 4.43
Current ratio from 0.45 to 4.43; short-term debt falls from €135k to €29k.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
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.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Tienen · 1 establishment unit since 2019
Ground area
1,370 m²
Building footprint
543 m²
Volume, LiDAR
2,928 m³
Parcel 24594C0284/00V000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Piepelboomstraat 167b, 3300 Tienen
since 20192.283.267.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24594C0284/00V000 | Flanders | 1,370 m² | 1 · 543 m² | 6.7 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.
Similar companies · same sector, comparable size
IECH
BE 0431.477.873
Hooglede · Eq €307,444
POLYATEC
BE 0507.970.291
Le Roeulx · Eq €307,703
DEJONGH ELECTRICS
BE 0445.698.469
Kalmthout · Eq €307,104
DROBE SANIHEATING
BE 0860.001.307
Pepingen · Eq €307,912
HOME SERVICE PAUWELS
BE 0431.618.029
Veurne · Eq €307,027
Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 7,536 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
Founded09-04-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43320Joinery installation
46841Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.