Equity
€84,445 ▲ 226×
Equity rose in 2025 from €373 to €84,445.
CYDEV
Overview
Lifetime
2 annual accounts with figures on one time axispeak €108,094 (2025)
€108,094▲ €110,720
lowest -€2,627 (2024)
€84,071▲ €86,698
peak €84,445 (2025)
€84,445▲ 226×
€16,830▲ 431%
Board1 name since 2024
1 directorDE VLIEGER Fréderic
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Gross margin from -€2,627 to €108,094Back to profit: €84,071Equity from €373 to €84,445Debts from €3,168 to €16,830Cash from €3,000 to €72,365
Key points
from the 2025 annual accountsInvestments
€6,342 11.0 × depreciation
Green is investment, beige is depreciation.
Position in the sector
€84,071
Higher net result than 89% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.
Checked score
98
Excellent
Financially stronger than 88% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 0.1%
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026highest value
07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 5.68, cash €72,365
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €84,445 (83.4% of total assets)
Size: total assets €101,274
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 62, micro). It does better than 85% of them on solvency, 86% on liquidity, 82% on profitability and 99% 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, 11,279 companies had the same profile as CYDEV has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of CYDEV itself: < 0.1% 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 11,279 companies, not a prediction for CYDEV. 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 €8,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 5.68, above the usual 1.5. Short-term debt is 16.6% and cash 71.5% of total assets. 16.6% 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
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
45 days early
2024
42 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 44 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017759830
Incorporation
Founding capital of €3,000, 100 shares · Founder: DE VLIEGER Fréderic · Appointment: DE VLIEGER Fréderic (director) · published on 24-12-2024 · Gazette deed
First establishment
Klaverstraat 31, Westerlo
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CYDEV Westerlo | €101,274 | €108,094 | 83.4% | - |
| Stochastropy Labs Mechelen | €102,682 | €103,674 | 44.6% | - |
| Cybrix Duffel | €107,831 | €110,236 | 86.4% | - |
| Baeckelmans Consulting Arendonk | €114,457 | €104,817 | 67.5% | - |
| Aqlion Edegem | €105,927 | €97,752 | 73.9% | - |
| Opensource ICT Solutions Antwerp | €105,593 | €103,720 | 57.6% | - |
| JORIGNITE Geel | €115,670 | €107,911 | 71.4% | - |
These companies have the same main activity as CYDEV: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €103,000 and €116,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 20-12-2024Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.367.684.0842260 Westerlo, since 20-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2024
Annual accounts 2025
- €108,094
- ≈ €170,000estimated
- €84,071
- €84,445▲ 226×
- €101,274▲ 29×
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on CYDEV
CYDEV has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,445 and a net result of €84,071.
Its solvency ranks better than 79% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 16-06-2026, 45 days before the deadline€108,094
▲ €110,720
€107,330
▲ €109,956
€84,071
▲ €86,698
€78,681
▲ 211×
83.4%
5.68
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €150,000 and €210,000.
Balance sheet
balance sheet total €101,274 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
83.4%
Higher than 79% of 21,208 companies in 2025.
5.68
Higher than 78% of 20,571 companies in 2025.
83.0%
Higher than 95% of 20,746 companies in 2025.
CYDEV
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
101,274 | 3,541 | |
21/28 |
5,764 | - | |
22/27 |
5,764 | - | |
24 |
5,764 | - | |
29/58 |
95,511 | 3,541 | |
40/41 |
23,090 | 541 | |
40 |
20,126 | - | |
41 |
2,964 | 541 | |
54/58 |
72,365 | 3,000 | |
490/1 |
55 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
101,274 | 3,541 | |
10/15 |
84,445 | 373 | |
10/11 |
3,000 | 3,000 | |
13 |
81,445 | - | |
133 |
81,445 | - | |
14 |
0 | -2,627 | |
17/49 |
16,830 | 3,168 | |
42/48 |
16,830 | 3,168 | |
44 |
96 | 3,168 | |
440/4 |
96 | 3,168 | |
45 |
6,927 | - | |
450/3 |
6,927 | - | |
47/48 |
9,807 | - | |
| Income statement | |||
9900 |
108,094 | -2,627 | |
630 |
578 | - | |
640/8 |
186 | - | |
9901 |
107,330 | -2,627 | |
65/66B |
2,222 | - | |
65 |
2,222 | - | |
9903 |
105,108 | -2,627 | |
67/77 |
21,036 | - | |
9904 |
84,071 | -2,627 | |
9905 |
84,071 | -2,627 | |
| Appropriation of the result | |||
9906 |
81,445 | -2,627 | |
14P |
-2,627 | - | |
691/2 |
81,445 | - | |
6921 |
81,445 | - | |
| Document | |||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 107,908 | - | ||
| 84,650 | - | ||
| 6,342 | - | ||
| 69,365 | - | ||
| 78,681 | 373 | ||
| 83.4% | - | ||
| 5.68 | - | ||
| 0.20 | - | ||
| 99.6% | - | ||
| 83.0% | - | ||
| 48.56 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €6,342 | - |
| €578 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on CYDEV
The operating result for 2025 is a profit of €107,330, after a loss of €2,627 in 2024.
Debt's share of the balance-sheet total falls from 89.5% to 16.6%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 20-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 16-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 24-12-2024
Mandates through the years
1 name, the dashed line is todayDE VLIEGER Fréderic
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DE VLIEGER Fréderic
- Director (not named in the articles), from 20-12-2024 to date
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €844 in 2025
- Source
- deed of 24-12-2024
Articles of association
deed of 24-12-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 24-12-2024 ↗
- DE VLIEGER Fréderic 100 shares (100%) · €3,000 in cash
Network & group
No group
CYDEV has no parent and no holdings in its annual accounts. DE VLIEGER Fréderic is the only director. CYDEV shares no director with another company.
Timeline
Timeline
7 events since 2024Filings
Financial
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 45 days before the deadline
2025
Back to profit net €84,071 The net result is €84,071, after one loss-making year.
Liquidity more than 5 times current ratio 5.68 The current ratio rises from 1.12 to 5.68.
Annual accounts 2024 filed NBBmicro format · 42 days before the deadline
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017759830
IncorporationFounding capital of €3,000, 100 shares · Founder: DE VLIEGER Fréderic · Appointment: DE VLIEGER Fréderic (director) · published on 24-12-20245 points ▸
- Founder, DE VLIEGER Fréderic
- Founding capital, €3,000, 100 shares
- Registered office clause, Klaverstraat 31, 2260 Westerlo
- Board rule, 1
- Director appointment, DE VLIEGER Fréderic (director (not named in the articles))
- The deed holds 3 more points.
First establishment Klaverstraat 31, Westerlo
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
CYDEV was incorporated on 20 December 2024 as a private limited company by one natural person, with a starting capital of €3,000.12 Since 2024, DE VLIEGER Fréderic has served as director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1017.759.830
- VAT number
- BE 1017.759.830
- Peppol ID
- 0208:1017759830
- Other Peppol ID
- 9925:BE1017759830
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 20-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 19:00deed of 24-12-2024 (in Dutch)
- Peppol
- Reachable since 31-12-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CYDEV in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 24-12-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 24-12-2024 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
81300
Landscape service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Activiteiten van systeemintegrators; Beveiliging, implementaties en ondersteuning (en alle relevante activiteiten) van netwerken…”deed of 24-12-2024 (in Dutch)
19 activities
- Activiteiten van systeemintegrators;
- Beveiliging, implementaties en ondersteuning (en alle relevante activiteiten) van netwerken, applicaties, cloud, werkstations, databanken en overige systemen;
- Webdesign en ontwikkeling van (web)applicaties;
- Ontwikkeling, implementatie en ondersteuning van software;
- Alle activiteiten in het domein van cybersecurity (advies, consultancy, implementatie, ondersteuning, …);
- Bouwen en uitbaten van (online) applicaties (platformen in alle sectoren);
- Kleinhandel in computers, randapparatuur, software en standaardprogrammatuur;
- Het ontwerpen en programmeren van computerprogramma’s, het ontwerpen van de structuur en de inhoud en/of het schrijven van programmatuur voor de creatie en de implementatie van: softwaresystemen (inclusief de updates en de correcties), informaticatoepassingen (inclusief de updates en de correcties), databestanden, webpagina’s;
- De aanpassing van de programmatuur dit wil zeggen het aanpassen en configureren van een bestaande applicatie, zodat deze functioneel kan worden gebruikt in het informaticasysteem van de klant;
- Computerconsultancyactiviteiten, het verlenen van advies aan de gebruikers over soorten computers (hardware) en hun configuratie en de toepassing van bijhorende programmatuur (software);
- Het beheer van computerfaciliteiten, het systeem en netwerkbeheer of -management van computersystemen en/of gegevensverwerkende apparatuur bij klanten, alsmede de gerelateerde ondersteunende diensten;
- Alle diensten in verband met informatietechnologie en computer, waaronder gegevensherstel na een computercrash, de installatie (configuratie) van PC’s en andere informaticaonderdelen, de installatie van programmatuur;
- Gegevensverwerking, webhosting en aanverwante activiteiten;
- Tuinonderhoud;
- Managementactiviteiten;
- Het optreden als bestuurder, zaakvoerder in andere vennootschappen;
- Alle mogelijke verrichtingen dir rechtstreeks of onrechtstreeks verband houden met het onderhoud, de renovatie, het herstel, de verfraaiing, de vernieuwing en modernisering van alle soorten kunstwerken of onroerende goederen, en algemeen genomen, alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met bouwwerken;
- De studie en de uitvoering van alle mogelijke bouw- en verbouwingswerken, als algemene aannemer of in onderaanneming, het ontwerp en de bouw van alle mogelijke gebouwen en bouwsels, de studie en uitvoering van binnen- en buitendecoratie;
- De aankoop, de verkoop, de huur, de invoer en de uitvoer van alle mogelijke materialen, goederen, toestellen en materieel noodzakelijk voor de bouw, het onderhoud, het herstel en de vernieuwing van kunstwerken en gebouwen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Klaverstraat 31 registered office 2260 Westerlo | 20-12-2024 | 2.367.684.084 |
Buildings and parcels at the address
- Ground area
- 517 m²
- Buildings
- 248 m²
- Volume, LiDAR
- 1,091 m³
- Tallest building
- 6.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13039D0186/00H000 | 517 m² | 1 · 248 m² | 6.9 m · 1 |