CYBORN
ActiveSummary
CYBORN has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of -€557,081. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 392 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability31▼-23
Solvency76▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220,000 at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.19 in 2024; short-term debt: 36.3% and cash: 0% of total assets), and 48.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.4%
Return on assets
-7.7%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
22 d early
2023
30 d early
2022
17 d early
2021
3 d late
2020
39 d early
2019
24 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 7 days before the deadline; the sector median for financial year 2024 is 2 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#9 company by equity in Antwerp, Publishing and media sector
Equity
€3.7m▲ 0.8%
2024 · €3.7m
Total assets
€7.2m▲ 2.9%
2024 · €7.0m
Net result
-€557,081▼ 243%
2024 · -€162,385
Working capital
-€2.2m▼ 51.9%
2024 · -€1.5m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, 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
Operating result-€605,123▼ 515%-€598,718▲ 1.1%€1,078-€137,506-€840,070▼ 511%
Net result-€486,501below the sector's middle half-€399,783below the sector's middle half▲ 17.8%€10,704within the sector's middle half-€162,385below the sector's middle half-€557,081below the sector's middle half▼ 243%
Equity€431,439within the sector's middle half▼ 56.3%€2.6mabove the sector's middle half▲ 499%€2.9mabove the sector's middle half▲ 12.0%€3.7mabove the sector's middle half▲ 26.8%€3.7mabove the sector's middle half▲ 0.8%
Total assets€4.8mabove the sector's middle half▲ 2.0%€6.0mabove the sector's middle half▲ 24.7%€6.2mabove the sector's middle half▲ 4.3%€7.0mabove the sector's middle half▲ 12.0%€7.2mabove the sector's middle half▲ 2.9%
Debt€4.3m▲ 19.9%€3.3m▼ 21.5%€3.3m=€3.2m▼ 3.9%€3.5m▲ 9.2%
Working capital-€1.9m▼ 12.0%-€2.3m▼ 25.9%-€982,729▲ 57.9%-€1.5m▼ 47.8%-€2.2m▼ 51.9%
Solvency9.0%below the sector's middle half▼ 12.0pp43.2%within the sector's middle half▲ 34.2pp46.3%within the sector's middle half▲ 3.2pp52.5%within the sector's middle half▲ 6.1pp51.4%within the sector's middle half▼ 1.1pp
Staff (FTE)12.4above the sector's middle half▼ 28.3%15.6above the sector's middle half▲ 25.8%17.3above the sector's middle half▲ 10.9%19above the sector's middle half▲ 9.8%14.8above the sector's middle half▼ 22.1%
above
within
below
the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €840,070 in 2025 against €137,506 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.2m
Fixed assets
€6.8m ▲ 2.0%
Current assets
€405,786 ▲ 22.4%
Equity and liabilities €7.2m
Equity
€3.7m ▲ 0.8%
Provisions
€0 ▼ 100%
Debt
€3.5m ▲ 9.2%
Debt's share of the balance-sheet total rises from 45.8% to 48.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€459,437▼
2024 · €804,319
Cash flow
€742,426▼
2024 · €779,439
Current ratio
0.16▼
2024 · 0.19
Debt to equity
0.95▲
2024 · 0.87
ROE
-15.1%▼
2024 · -4.4%
ROA
-7.7%▼
2024 · -2.3%
Interest coverage
2.67▼
2024 · 4.53
Debt ≤ 1 year
€2.6m▲
2024 · €1.8m
Debt > 1 year
€525,000▼
2024 · €1.3m
Income taxes
-€113▼
2024 · €788
Staff costs
€818,308▼
2024 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 8,594 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €8,266 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €601,364 | €944,424 | €1.1m | €1.2m | €818,308 | ▼ 31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €503,276 | €545,080 | €1.1m | €941,824 | €1.3m | ▲ 38.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €117,000 | -€117,000 | ▼ 200% |
| Other operating charges640/8 | €66,409 | €72,193 | €82,665 | €66,629 | €81,583 | ▲ 22.4% |
| Non-recurring operating charges66A | - | - | - | €2,168 | €97,500 | ▲ 4,397% |
| Gross operating margin9900 | €565,926 | €962,979 | €2.3m | €2.2m | €1.3m | ▼ 38.6% |
| Operating profit (loss)9901 | -€605,123 | -€598,718 | €1,078 | -€137,506 | -€840,070 | ▼ 511% |
| Financial income75/76B | €190,446 | €264,511 | €228,549 | €139,130 | €454,682 | ▲ 227% |
| Recurring financial income75 | €190,446 | €264,511 | €228,549 | €139,130 | €454,682 | ▲ 227% |
| Financial charges65/66B | €126,173 | €118,276 | €271,644 | €177,534 | €171,807 | ▼ 3.2% |
| Recurring financial charges65 | €126,173 | €118,276 | €271,644 | €177,534 | €171,807 | ▼ 3.2% |
| Profit (loss) for the period before taxes9903 | -€540,850 | -€452,483 | -€42,017 | -€175,910 | -€557,195 | ▼ 217% |
| Transfer from deferred taxes780 | €55,078 | €53,266 | €53,266 | €14,313 | €0 | ▼ 100% |
| Income taxes67/77 | €729 | €566 | €545 | €788 | -€113 | ▼ 114% |
| Profit (loss) for the period9904 | -€486,501 | -€399,783 | €10,704 | -€162,385 | -€557,081 | ▼ 243% |
| Profit (loss) for the period to be appropriated9905 | -€486,501 | -€399,783 | €10,704 | -€162,385 | -€557,081 | ▼ 243% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.8m | €6.0m | €6.2m | €7.0m | €7.2m | ▲ 2.9% |
| Fixed assets21/28 | €4.6m | €5.7m | €5.9m | €6.7m | €6.8m | ▲ 2.0% |
| Intangible fixed assets21 | €4.6m | €5.2m | €5.5m | €6.2m | €6.4m | ▲ 2.2% |
| Tangible fixed assets22/27 | €24,759 | €24,654 | €21,812 | €23,752 | €19,495 | ▼ 17.9% |
| Plant, machinery and equipment23 | €14,570 | €17,592 | €16,982 | €23,752 | €19,495 | ▼ 17.9% |
| Furniture and vehicles24 | €10,190 | €7,063 | €4,830 | €0 | - | - |
| Financial fixed assets28 | €2,000 | €401,513 | €401,513 | €401,513 | €401,513 | = |
| Current assets29/58 | €182,538 | €316,020 | €362,219 | €331,528 | €405,786 | ▲ 22.4% |
| Amounts receivable within one year40/41 | €175,426 | €298,508 | €313,522 | €238,158 | €387,971 | ▲ 62.9% |
| Trade receivables40 | €55,791 | €287,737 | €204,619 | €182,315 | €56,043 | ▼ 69.3% |
| Other amounts receivable41 | €119,635 | €10,771 | €108,903 | €55,843 | €331,928 | ▲ 494% |
| Cash at bank and in hand54/58 | €122 | €11,520 | €25,343 | €69,989 | €96 | ▼ 99.9% |
| Deferred charges and accrued income490/1 | €6,990 | €5,992 | €23,354 | €23,382 | €17,719 | ▼ 24.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.8m | €6.0m | €6.2m | €7.0m | €7.2m | ▲ 2.9% |
| Equity10/15 | €431,439 | €2.6m | €2.9m | €3.7m | €3.7m | ▲ 0.8% |
| Contributions10/11 | €18,600 | €2.7m | €2.7m | €2.7m | €2.7m | = |
| Reserves13 | €75,555 | €75,555 | €75,555 | €75,555 | €75,555 | = |
| Distributable reserves133 | €75,555 | €75,555 | €75,555 | €75,555 | €75,555 | = |
| Profit (loss) carried forward14 | -€943,437 | -€1.3m | -€1.3m | -€1.5m | -€2.1m | ▼ 37.3% |
| Investment grants15 | €1.3m | €1.1m | €1.4m | €2.4m | €3.0m | ▲ 24.7% |
| Provisions and deferred taxes16 | €120,845 | €67,579 | €14,313 | €117,000 | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | - | - | - | €117,000 | €0 | ▼ 100% |
| Other liabilities and charges164/5 | - | - | - | €117,000 | €0 | ▼ 100% |
| Deferred taxes168 | €120,845 | €67,579 | €14,313 | €0 | - | - |
| Amounts payable17/49 | €4.3m | €3.3m | €3.3m | €3.2m | €3.5m | ▲ 9.2% |
| Amounts payable after more than one year17 | €1.7m | €242,953 | €1.8m | €1.3m | €525,000 | ▼ 60.1% |
| Financial debts170/4 | €1.7m | €242,953 | €1.8m | €1.3m | €525,000 | ▼ 60.1% |
| Amounts payable within one year42/48 | €2.0m | €2.7m | €1.3m | €1.8m | €2.6m | ▲ 46.4% |
| Current portion of amounts payable after more than one year42 | €221,813 | €1.2m | €666,812 | €732,395 | €1.4m | ▲ 91.7% |
| Financial debts43 | €820,384 | €560,000 | €25,040 | €78,568 | €101,367 | ▲ 29.0% |
| Credit institutions430/8 | €820,384 | €560,000 | €25,040 | €78,568 | €61,367 | ▼ 21.9% |
| Other loans439 | - | - | - | - | €40,000 | - |
| Trade debts44 | €528,117 | €481,295 | €273,014 | €336,703 | €514,672 | ▲ 52.9% |
| Suppliers440/4 | €528,117 | €481,295 | €273,014 | €336,703 | €514,672 | ▲ 52.9% |
| Advances received on contracts in progress46 | €105,292 | €58,881 | €12,471 | €0 | - | - |
| Taxes, remuneration and social security45 | €262,360 | €236,530 | €276,503 | €519,472 | €346,765 | ▼ 33.2% |
| Taxes450/3 | €41,191 | €18,649 | €40,421 | €146,056 | €38,517 | ▼ 73.6% |
| Remuneration and social security454/9 | €221,168 | €217,881 | €236,082 | €373,417 | €308,248 | ▼ 17.5% |
| Other amounts payable47/48 | €99,120 | €86,074 | €91,109 | €116,810 | €244,803 | ▲ 110% |
| Accrued charges and deferred income492/3 | €471,558 | €443,705 | €230,274 | €107,134 | €364,597 | ▲ 240% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€486,501 | -€399,783 | €10,704 | -€162,385 | -€557,081 | ▼ 243% |
| + Depreciation and write-downs630 | €503,276 | €545,080 | €1.1m | €941,824 | €1.3m | ▲ 38.0% |
| Operating cash flow (approximation) | €16,775 | €145,297 | €1.1m | €779,439 | €742,426 | ▼ 4.7% |
| Investment in fixed assets (approximation) | - | -€1.6m | -€1.3m | -€1.7m | -€1.4m | ▲ 16.9% |
| Change in cash | - | €11,398 | €13,823 | €44,646 | -€69,893 | ▼ 257% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€557,081
Net result drops to -€557,081, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €10,704
Net result €10,704 after 2 loss-making years.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €2mEq €2.6m ▲499%
Equity rises from €431,439 to €2.6m.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €12,194
Net result €12,194 after 2 loss-making years.
31-12
Financial
Equity above €500,000Eq €988,370 ▲457%
Equity rises from €177,550 to €988,370.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
Show earlier events
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Antwerpen · 1 establishment unit since 1998
Ground area
1,779 m²
Building footprint
54 m²
Volume, LiDAR
627 m³
Parcel 11006A0627/00B005, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Prins Leopoldstraat 28, 2140 Antwerpen
since 19982.089.870.542
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0627/00B005 | Flanders | 1,779 m² | 1 · 54 m² | 14.2 m · 4 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.
Structure & network
Owners and holdings
1 owner · 1 holdingOwners 1
- Sourceaccounts KOIBA 202517.35%
Holdings 1
-
100%
According to the 2025 annual accounts of CYBORN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 878,261 EUR awarded · 740,261 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 81,680 EUR | 187,386 EUR |
| 2024 | 2 | 260,000 EUR | 413,000 EUR |
| 2023 | 3 | 201,875 EUR | 139,875 EUR |
| 2022 | 2 | 334,706 EUR | 0 EUR |
European Union, budget
2023 to 2025 · 2 entries · 350,000 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 200,000 EUR |
| 2023 | 1 | 150,000 EUR |
Projects
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WTW - WALL TOWN WONDERS
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Identification & contact
Identification
Legal formPrivate limited company
Founded19-11-1998
Fiscal year end31-12
Activities, NACEBEL 2025
59120Post-production of films, video and television programmes
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464623763
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.