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CYECO

Active
Private limited companyfounded 20179 yrs activeLeuvensesteenweg 540, 1930 Zaventem, BelgiumKBO/BCE: BE 0668.908.931
Summary

CYECO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €366,435 and a net result of €98,552. Equity is growing by ~45.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 9042 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
CYECOActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Activity
Electrical installation work in industrial facilities
NACE 43212General electrical installation work NACE 43211
1 site
Size
€842,918total assets 2025
Staff
12.3 FTE
Equity
€366,435
Profit
€98,552
Turnover not published (abridged schema)
Financial health
86 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Accounts filed 31 d late0 of 4 deeds read
Why 86- Latest accounts 31 days late; 2 of the last 3 late- Sector Specialised construction activities (NACE 43)+ Size: total assets €842,918+ Liquidity: current ratio 1.66, cash €193,063Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Better than 58% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 68+6
equity 43.5% of total assets
Liquidity 50+20
short-term debt 56.5% · cash 22.9%
Profitability 83-17
return on assets 11.7%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● 0.0% vs 11-2024 01-2025: 1.4%▼ -2.2% vs 12-2024 02-2025: 1.4%▼ -0.9% vs 01-2025 03-2025: 1.2%▼ -13.8% vs 02-2025 04-2025: 1.3%▲ +1.8% vs 03-2025 05-2025: 1.3%▲ +0.6% vs 04-2025 06-2025: 1.1%▼ -10.7% vs 05-2025 07-2025: 1.2%▲ +4.1% vs 06-2025 08-2025: 1.7%▲ +44.4% vs 07-2025highest value 09-2025: 0.5%▼ -73.3% vs 08-2025 10-2025: 0.4%▼ -0.7% vs 09-2025 11-2025: 0.4%● 0.0% vs 10-2025 12-2025: 0.4%● 0.0% vs 11-2025 01-2026: 0.4%▼ -1.6% vs 12-2025 02-2026: 0.4%▲ +0.7% vs 01-2026 03-2026: 0.5%▲ +1.8% vs 02-2026 04-2026: 0.4%▼ -0.9% vs 03-2026 05-2026: 0.5%▲ +4.9% vs 04-2026 06-2026: 0.5%▲ +5.5% vs 05-2026 07-2026: 0.5%▲ +4.6% vs 06-2026 08-2026: 0.8%▲ +52.2% vs 07-2026 09-2026: 0.3%▼ -60.5% vs 08-2026lowest value 10-2026: 0.3%● 0.0% vs 09-2026lowest value
  • Latest accounts 31 days late; 2 of the last 3 late raises the probability
  • Size: total assets €842,918 lowers the probability for this profile
  • Liquidity: current ratio 1.66, cash €193,063 lowers the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.59 in 2024; short-term debt: 56.5% and cash: 22.9% of total assets), but 56.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 47%, liquidity 42%, profitability 66%, growth against the median 76%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 31 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €842,918
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.66, cash €193,063
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 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 · 9 filings
Deviation from the deadline
2025
31 d late
2024
19 d late
2023
31 d late
2022
32 d late
2021
22 d late
2020
93 d late
2019
72 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 43 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2018net €193,821 ▲610%

Key points

  • Caution: Result fell in 2025from €193,821 to €98,552 ▼ 49.2% View
  • Positive: 8 profitable years in a rowprofit 2025: €98,552 8 years View
  • Total assets 20256 fiscal years filed €842,918 View

By topic

Financials

Fiscal year
2025
Total assets
€842,918
Profit
€98,552
Solvency
43.5%
Total assets▲ 13.7%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2018
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 19-08-2025Annual accounts filed
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Electrical installation work in industrial facilitiesNACE 43212
Founded
10-01-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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