CYMBA
ActiveSummary
The computed 12-month bankruptcy probability of CYMBA is 3.8% (moderate). The 2024 annual accounts show negative equity (€-117k) and a net result of €-20k. Equity is shrinking by ~52.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 18941 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08 against 0.13 in 2023; cash: 34.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-962%
Return on assets
-162.9%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-117k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
61 d late
2023
30 d late
2022
31 d late
2021
4 d late
2020
369 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€106k
EBIT margin
-21.9%
Net result
€-20k▲ 32.7%
2023 · €-30k
2018: €-27k
2019: €-25k
2020: €-20k
2021: €-6k
2022: €-28k
2023: €-30k
2018 → 2024
Working capital
€-118k▼ 18.1%
2023 · €-100k
2018: €9k
2019: €-19k
2020: €-42k
2021: €-44k
2022: €-71k
2023: €-100k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-34k-€-40k▼ 16.6%€-68k▼ 71.1%€-97k▼ 43.5%€-117k▼ 20.4%
Operating result€-18k-€-5k▲ 73.4%€-28k▼ 475%€-29k▼ 5.3%€-19k▲ 34.9%
Net result€-20k-€-6k▲ 71.3%€-28k▼ 400%€-30k▼ 4.6%€-20k▲ 32.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2024 against €29k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12k
Fixed assets
€1k ▼ 49.7%
Current assets
€11k ▼ 27.9%
Key figures and ratios
EBITDA
€-18k▲
2023 · €-28k
Cash flow
€-19k▲
2023 · €-28k
Solvency
-962.0%▼
2023 · -550.8%
Current ratio
0.08▼
2023 · 0.13
Quick ratio
0.06▲
2023 · 0.06
Debt to equity
-1.10▲
2023 · -1.18
ROA
-162.9%▲
2023 · -166.9%
Interest coverage
-20.04▲
2023 · -125.31
Debt
€130k▲
2023 · €115k
Debt ≤ 1 year
€129k▲
2023 · €115k
Staff costs
€54k▲
2023 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€18k€12k▼
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Land and buildings22€2k€1k▼
Furniture and vehicles24€278€148▼
Current assets29/58€15k€11k▼
Stocks and contracts in progress3€8k€3k▼
Stocks30/36€8k€3k▼
Amounts receivable within one year40/41€5k€3k▼
Trade receivables40€5k€1k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€779€4k▲
Deferred charges and accrued income490/1€448€397▼
Equity and liabilities
Total equity and liabilities10/49€18k€12k▼
Equity10/15€-97k€-117k▼
Contributions10/11€30k€30k=
Reserves13€7k€7k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-135k€-155k▼
Amounts payable17/49€115k€130k▲
Amounts payable within one year42/48€115k€129k▲
Current portion of amounts payable after more than one year42-€4k
Financial debts43€1k-
Credit institutions430/8€1k-
Trade debts44€7k€14k▲
Suppliers440/4€7k€14k▲
Taxes, remuneration and social security45€29k€18k▼
Taxes450/3€8k€10k▲
Remuneration and social security454/9€20k€8k▼
Other amounts payable47/48€79k€93k▲
Accrued charges and deferred income492/3-€503
Income statement
Code20232024
Remuneration, social security and pensions62€51k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€6k€5k▼
Gross operating margin9900€29k€41k▲
Operating profit (loss)9901€-29k€-19k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€223€885▲
Recurring financial charges65€223€885▲
Profit (loss) for the period before taxes9903€-29k€-20k▲
Income taxes67/77€140-
Profit (loss) for the period9904€-30k€-20k▲
Profit (loss) for the period to be appropriated9905€-30k€-20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-135k€-155k▼
Profit (loss) brought forward from the previous period14P€-105k€-135k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
18-08
State Gazette act
Registered office · PurposePurpose change · Registered-office move · Statutes amendment5 facts ▸
State Gazette act
Registered office · Purpose
Purpose change · Registered-office move · Statutes amendment5 facts ▸
- General meeting, 13-08-2026
- Purpose change, La société a pour objet, tant en Belgique qu'à l'étranger, pour compte propre ou compte de tiers ou en participation avec ceux-ci • La consultance dans le domai…
- Registered-office move, 6180 Courcelles, Rue Philippe Monnoyer, 86/0/1
- Statutes amendment
- Power of attorney, l'administration
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 369 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
2016
21-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Courcelles · 1 establishment unit since 2005
Ground area
2,302 m²
Building footprint
203 m²
Volume, LiDAR
1,180 m³
2 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
La Manivelle
since 20052.150.227.605
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52015B1248/00W000indicative | Wallonia | 2,114 m² | 1 · 124 m² | 11.3 m · 3 fl. |
| 52322B0838/00P007 | Wallonia | 188 m² | 1 · 79 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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EL KAWTAR
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Knabe
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Lier · Eq €10,539
NEW CARRÉ
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Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 3,546 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.