Liquidity
32.48 was 12.30 in 2024
Short-term debts fell from €9,418 to €4,184.
CYD PROJECTS
Lifetime
11 annual accounts with figures on one time axispeak €51,382 (2015)
€39,668▼ 19.2%
lowest -€3,278 (2020)
€25,334▼ 17.8%
peak €131,712 (2025)
€131,712▲ 23.8%
€4,184▼ 55.6%
peak 0.4 FTE (2017)
-not published
Board1 name since 2014
1 directorDE MOOR Dirk
Owners3 names in the annual accounts
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €49,068 to €39,668Equity from €106,377 to €131,712Debts from €9,418 to €4,184
Key points
from the 2025 annual accountsFilings
11 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
96.9%
Higher solvency than 95% of companies in construction of buildings. Sector median 42.9% · 9,462 companies.
Checked score
93
Excellent
Financially stronger than 84% of micro companies in construction of buildings (NACE 41)
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: 1.5% across 13,458 companies (NACE 41, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.2%▼ -0.1 percentage points vs 03-2025
05-2025: 0.3%▲ +0.1 percentage points vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.2%▼ -0.2 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.1%▼ -0.1 percentage points vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged 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 61 days late; 3 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 32.48, cash €131,949
Equity €131,712 (96.9% of total assets)
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 41, micro). It does better than 92% of them on solvency, 99% on liquidity, 77% on profitability and 67% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 34,693 companies had the same profile as CYD PROJECTS has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of CYD PROJECTS itself: 0.2% within 12 months.
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 34,693 companies, not a prediction for CYD PROJECTS. 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 €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 32.48 (12.3 in 2024), above the usual 1.5. Short-term debt is 3.1% and cash 97.1% of total assets. 3.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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
61 days late
2024
31 days late
2023
61 days late
2022
60 days late
2021
25 days early
2020
25 days early
2019
91 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 36 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 29 September (4 of the last 5 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
Board and ownership
DM
DE MOOR Dirk
Director, since 10-10-2014
- Dirk De Moor 80%annual accounts 2017
- Cynthia Bijvoets 10%annual accounts 2017
- Yoshi De Moor 10%annual accounts 2017
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0563895444
Amendment of the articles · Legal-form change · Resignations & appointments
Legal-form conversion: from private limited company (pre-2019) to private limited company · Director in office: DE MOOR Dirk · General meeting of 06-02-2024 · Gazette deed
Incorporation
published on 14-10-2014 · Gazette deed
First establishment
Herentalsebaan 66, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CYD PROJECTS Antwerp | €135,896 | €39,668 | 96.9% | - |
| MAXBUD Antwerp | €134,987 | €40,151 | 44.2% | - |
| ROBUILD Ranst | €126,549 | €40,458 | 13.4% | - |
| G&A Stabroek | €128,675 | €37,332 | 76.6% | - |
| JUMARBOUW Kapellen | €122,969 | €48,023 | 53.3% | - |
| Gregg@work Nazareth-De Pinte | €140,275 | €41,552 | 77.7% | - |
| D & G Projects Kortenaken | €134,350 | €39,068 | 93.8% | - |
These companies have the same main activity as CYD PROJECTS: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €123,000 and €140,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 10-10-2014Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.241.321.2932100 Antwerp, since 10-10-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Insights on CYD PROJECTS
CYD PROJECTS files the micro format. That format states no turnover. The gross margin fell from €51,382 in 2015 to €39,668 in 2025.
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 CYD PROJECTS
- What is the company number of CYD PROJECTS?
- The company number of CYD PROJECTS is 0563.895.444. The VAT number is the same number with BE in front: BE 0563.895.444.
- Where is CYD PROJECTS based?
- The registered office is at Herentalsebaan 66, 2100 Antwerp.Company details
- What does CYD PROJECTS do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of CYD PROJECTS?
- CYD PROJECTS is a private limited company (BV).
- When was CYD PROJECTS founded?
- CYD PROJECTS was founded on 10-10-2014.
- Is CYD PROJECTS still active?
- Yes, CYD PROJECTS is an active enterprise in the KBO register.
- How many employees does CYD PROJECTS have?
- CYD PROJECTS had an average of 0.3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of CYD PROJECTS?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €39,668 and 164 comparable companies (NACE 41001). It probably lies between €150,000 and €500,000.
- Is CYD PROJECTS profitable?
- In financial year 2025, CYD PROJECTS made a profit of €25,334.
- Where can I find the annual accounts of CYD PROJECTS?
- CYD PROJECTS filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CYD PROJECTS due?
- CYD PROJECTS 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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