CYD PROJECTS
ActiveCYD PROJECTS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €31k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 12.3 against 15.06 in 2023; short-term debt: 8.1% and cash: 97.3% of total assets), and 8.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 31-08-2025, 31 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
31 d late
2023
61 d late
2022
60 d late
2021
25 d early
2020
25 d early
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€106k▲ 40.8%
2023 · €76k
2018: €45k
2019: €50k
2020: €47k
2021: €47k
2022: €56k
2023: €76k
2018 → 2024
Total assets
€116k▲ 43.2%
2023 · €81k
2018: €56k
2019: €60k
2020: €54k
2021: €57k
2022: €61k
2023: €81k
2018 → 2024
Net result
€31k▲ 60.6%
2023 · €19k
2018: €13k
2019: €6k
2020: €-3k
2021: €75
2022: €9k
2023: €19k
2018 → 2024
Working capital
€106k▲ 43.0%
2023 · €74k
2018: €43k
2019: €49k
2020: €46k
2021: €43k
2022: €54k
2023: €74k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€47k-€47k▲ 0.2%€56k▲ 19.9%€76k▲ 34.0%€106k▲ 40.8%
Operating result€-3k-€2k€15k▲ 868%€29k▲ 97.6%€46k▲ 59.8%
Net result€-3k-€75€9k▲ 12,348%€19k▲ 105%€31k▲ 60.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 60% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €116k
Equity
€106k▲ 40.8%
Debt
€9k▲ 78.0%
The debt ratio rises from 6.5% to 8.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k▲
2023 · €30k
Cash flow
€32k▲
2023 · €20k
Solvency
91.9%▼
2023 · 93.5%
Current ratio
12.30▼
2023 · 15.06
Quick ratio
12.30▼
2023 · 15.06
Debt / equity
0.09▲
2023 · 0.07
ROE
29.0%▲
2023 · 25.4%
ROA
26.6%▲
2023 · 23.7%
Interest coverage
405.74▲
2023 · 133.07
Debt
€9k▲
2023 · €5k
Debt ≤ 1 year
€9k▲
2023 · €5k
Income taxes
€16k▲
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€81k€116k▲
Fixed assets21/28€1k€0▼
Tangible fixed assets22/27€1k€0▼
Furniture and vehicles24€1k€0▼
Current assets29/58€80k€116k▲
Amounts receivable within one year40/41€9k€3k▼
Trade receivables40€6k€2k▼
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€70k€113k▲
Deferred charges and accrued income490/1€513€524▲
Equity and liabilities
Total equity and liabilities10/49€81k€116k▲
Equity10/15€76k€106k▲
Contributions10/11€6k€6k=
Reserves13€50k€81k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€48k€81k▲
Profit (loss) carried forward14€19k€19k=
Amounts payable17/49€5k€9k▲
Amounts payable within one year42/48€5k€9k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€4k€8k▲
Other amounts payable47/48€0€210▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€32k€49k▲
Operating profit (loss)9901€29k€46k▲
Financial income75/76B€85€193▲
Recurring financial income75€85€193▲
Financial charges65/66B€228€117▼
Recurring financial charges65€228€117▼
Profit (loss) for the period before taxes9903€29k€47k▲
Income taxes67/77€10k€16k▲
Profit (loss) for the period9904€19k€31k▲
Profit (loss) for the period to be appropriated9905€19k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€50k▲
Profit (loss) brought forward from the previous period14P€19k€19k=
Transfer to equity691/2€19k€31k▲
To other reserves6921€19k€31k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €31k ▲60.6%
Operating result €46k, net result €31k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲40.8%
4 profitable years in a row build equity to €106k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 13.40
Current ratio from 5.34 to 13.40; short-term debt falls from €10k to €4k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €75
Net result €75 after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-3k ▼159%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Herentalsebaan 662100 AntwerpenGround area
128 m²
Building footprint
92 m²
Volume, LiDAR
911 m³
Parcel 11346B1017/00X022, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CYD PROJECTS
since 20142.241.321.293
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B1017/00X022 | Flanders | 128 m² | 1 · 91 m² | 13.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
L&B BOUWONDERNEMING
BE 0537.578.948
Zutendaal · Eq €106k
WALL-BOUW
BE 0447.455.753
Haaltert · Eq €106k
WIDABO BOUW
BE 0741.441.967
Maldegem · Eq €106k
HOONKERS
BE 0767.886.543
Gent · Eq €106k
DUM MATEUS
BE 0508.457.865
Sint-Agatha-Berchem · Eq €106k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 13,061 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2014
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.