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CYGNUS

Active
Private limited companyfounded 1989active for 37 yearsMolenstraat 87, 3600 Genk, BelgiumKBO/BCE: BE 0436.721.813
Summary

CYGNUS has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €37,680 and a net result of €1,566. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 77% of 15,477 sector peers (NACE 46, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Wholesale of non-electrical household articles
NACE 46494
1 site
Size
€51,407total assets 2024
Equity
€37,680
Profit
€1,566
Turnover not published (micro format)
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts 77 days overdue0 of 6 deeds read
Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 27-05-2025)Size: total assets €51,407lowers riskFounded in 1989Liquidity: current ratio 3.32, cash €20,767Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 70% of its sector peers (NACE 46, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 98+1
equity 73.3% of total assets
Liquidity 90+2
short-term debt 26.7% · cash 40.4%
Profitability 73+69
return on assets 3.0%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,871 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €2,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 3.32, compared with 2.97 in 2023, above the usual 1.5; short-term debt: 26.7% and cash: 40.4% of total assets), and 26.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 78% on solvency, 89% on liquidity, 58% on profitability and 54% on growth.

The bankruptcy probability was computed on 15-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 27-05-2025)
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 3.32, cash €20,767
NBB · annual accounts
raises risk · Size: total assets €51,407
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-05-2025, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
70 days early
2023
71 days early
2022
35 days early
2021
61 days early
2020
16 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 47 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Back to profitnet €1,566
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Active since 1989founded 15-02-1989 37 years View
  • Total assets 20246 financial years filed €51,407 View

By topic

Financials

Financial year
2024
Total assets
€51,407
Profit
€1,566
Solvency
73.3%
Total assets▲ 1.9%
Net result
20182024
Go to Financials

Timeline

Events
39
Since
1990
  1. 31-12-2023Weakest financial year
  2. 26-06-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of non-electrical household articlesNACE 46494
Founded
15-02-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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