Debts
€460,452 ▲ 42.8%
Debts rose by €137,935 in 2025.
CYBO
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €111,788 (2024)
€80,916▼ 27.6%
lowest -€56,869 (2010)
-€13,223▼ €27,686
peak €432,406 (2008)
€307,501▼ 4.1%
€460,452▲ 42.8%
peak 0.1 FTE (2020)
-not published
Board1 name since 2021
1 directorBOON Benjamin Ludovicus
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €111,788 to €80,916Loss of €13,223Debts from €322,517 to €460,452Cash from €206 to €3,090
Key points
from the 2025 annual accountsFilings
26 annual accounts since 2000
Ten of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.
Position in the sector
-€13,223
Lower net result than 90% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
Checked score
84
Excellent
Financially stronger than 30% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.2 percentage points vs 07-2025
09-2025: 0.9%▲ +0.1 percentage points vs 08-2025
10-2025: 0.7%▼ -0.2 percentage points vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 1.3%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 0.3%▼ -1.0 percentage point vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 1.56, cash €3,090
lowers risk
Size: total assets €767,953
Founded in 1999
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 43, micro). It does better than 43% of them on solvency, 23% on liquidity, 27% on profitability and 29% 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, 8,617 companies had the same profile as CYBO has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CYBO itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,448 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 8,617 companies, not a prediction for CYBO. 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 €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.56 (2.54 in 2024), above the usual 1.5. Short-term debt is 35.7% and cash 0.4% of total assets. However, 60% 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 27 days late
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. 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 · 10 filingsDeviation from the deadline
2025
27 days late
2024
29 days late
2023
30 days late
2022
30 days late
2021
31 days late
2020
24 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Legal-form change · Resignations & appointments
Resignation: BOON Benjamin Ludovicus (director) · Appointment: BOON Benjamin Ludovicus (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 29-11-2023 · Gazette deed
First establishment
Piepelboomstraat 167b, Tienen
Incorporation
published on 22-04-1999 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CYBO Tienen | €767,953 | €80,916 | 40.0% | - |
| AVENI - TECHNICS Sint-Pieters-Leeuw | €723,561 | €84,994 | 61.8% | 0 |
| E.V.A. ELECTRIC & SECURITY SYSTEMS Etterbeek | €787,473 | €87,513 | 54.2% | - |
| ELEKTRICITEITSWERKEN POLFLIET Willebroek | €739,351 | €93,661 | 39.4% | - |
| SYTACK Deinze | €773,382 | €68,623 | 44.1% | - |
| D & V Elektro Maaseik | €768,725 | €68,626 | 64.9% | - |
| SPECIAL PROJECTS TEAM Mechelen | €673,935 | €85,320 | 27.4% | - |
These companies have the same main activity as CYBO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €674,000 and €787,000, founded between 1998 and 2001.
Official details
Source: KBO- Status
- Active since 09-04-1999Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.283.267.7563300 Tienen, since 01-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on CYBO
CYBO files the micro format. That format states no turnover. The gross margin rose from €26,448 in 2006 to €80,916 in 2025.
The balance sheet grew most in 2008 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CYBO
- What is the company number of CYBO?
- The company number of CYBO is 0465.890.505. The VAT number is the same number with BE in front: BE 0465.890.505.
- Where is CYBO based?
- The registered office is at Piepelboomstraat 167B, 3300 Tienen.Company details
- What does CYBO do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of CYBO?
- CYBO is a private limited company (BV).
- When was CYBO founded?
- CYBO was founded on 09-04-1999.
- Is CYBO still active?
- Yes, CYBO is an active enterprise in the KBO register.
- How many employees does CYBO have?
- CYBO had an average of 0.1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of CYBO?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €80,916 and 40 comparable companies (NACE 43211). It probably lies between €190,000 and €500,000.
- Is CYBO profitable?
- In financial year 2025, CYBO made a loss of €13,223.
- Where can I find the annual accounts of CYBO?
- CYBO filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CYBO due?
- CYBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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