CYNAPTEK
BankruptcySummary
The KBO register records for CYNAPTEK the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €31k and a net result of €55k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 04-07-2022, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
27 d early
2020
31 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€31k
2020 · €-24k
Total assets
€77k▲ 14.0%
2020 · €68k
Net result
€55k
2020 · €-42k
Working capital
€25k
2020 · €-34k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€21k-€-19k€-43k▼ 125%€57k
Net result€19k-€-20k€-42k▼ 114%€55k
Equity€38k-€18k▼ 51.9%€-24k€31k
Total assets€78k-€59k▼ 25.4%€68k▲ 15.4%€77k▲ 14.0%
Debt€41k-€40k▼ 0.8%€91k▲ 126%€46k▼ 49.6%
Working capital€31k-€9k▼ 69.9%€-34k€25k
Staff (FTE)1-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €57k after a loss of €43k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €77k
Fixed assets
€6k ▼ 41.4%
Current assets
€71k ▲ 23.9%
Equity and liabilities €77k
Equity
€31k
Debt
€46k
Debt finances 59.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€60k▲
2020 · €-40k
Cash flow
€58k▲
2020 · €-39k
Current ratio
1.54▲
2020 · 0.63
Debt to equity
1.49
ROE
177.0%
ROA
71.1%▲
2020 · -62.1%
Interest coverage
37.97
Debt ≤ 1 year
€46k▼
2020 · €91k
Income taxes
€474▲
2020 · €183
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €3k | €4k | ▲ 11.2% |
| Other operating charges640/8 | - | - | - | €1k | - |
| Gross operating margin9900 | €30k | €-16k | €-40k | €61k | ▲ 255% |
| Operating profit (loss)9901 | €21k | €-19k | €-43k | €57k | ▲ 233% |
| Recurring financial income75 | - | €2 | €2k | - | - |
| Financial charges65/66B | - | - | - | €2k | - |
| Recurring financial charges65 | €432 | €463 | €709 | €2k | ▲ 124% |
| Profit (loss) for the period before taxes9903 | €21k | €-19k | €-42k | €55k | ▲ 232% |
| Income taxes67/77 | €1k | €124 | €183 | €474 | ▲ 159% |
| Profit (loss) for the period9904 | €19k | €-20k | €-42k | €55k | ▲ 230% |
| Profit (loss) for the period to be appropriated9905 | €19k | €-20k | €-42k | €55k | ▲ 230% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €78k | €59k | €68k | €77k | ▲ 14.0% |
| Fixed assets21/28 | €7k | €9k | €10k | €6k | ▼ 41.4% |
| Intangible fixed assets21 | €2k | €5k | €6k | €4k | ▼ 32.5% |
| Tangible fixed assets22/27 | €3k | €2k | €3k | €2k | ▼ 34.0% |
| Plant, machinery and equipment23 | - | - | - | €532 | - |
| Furniture and vehicles24 | - | - | - | €1k | - |
| Financial fixed assets28 | €1k | €1k | €1k | €0 | ▼ 100% |
| Current assets29/58 | €72k | €50k | €57k | €71k | ▲ 23.9% |
| Amounts receivable within one year40/41 | €63k | €46k | €57k | €51k | ▼ 10.7% |
| Trade receivables40 | - | - | - | €51k | - |
| Current investments50/53 | - | - | - | €19k | - |
| Cash at bank and in hand54/58 | €8k | €3k | €118 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €1k | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €78k | €59k | €68k | €77k | ▲ 14.0% |
| Equity10/15 | €38k | €18k | €-24k | €31k | ▲ 230% |
| Contributions10/11 | €40k | €40k | - | €40k | - |
| Profit (loss) carried forward14 | €-2k | €-22k | €-64k | €-9k | ▲ 85.8% |
| Amounts payable17/49 | €41k | €40k | €91k | €46k | ▼ 49.6% |
| Amounts payable within one year42/48 | €41k | €40k | €91k | €46k | ▼ 49.6% |
| Trade debts44 | €14k | €2k | €13k | €9k | ▼ 28.7% |
| Suppliers440/4 | - | - | - | €9k | - |
| Taxes, remuneration and social security45 | - | - | - | €19k | - |
| Taxes450/3 | - | - | - | €19k | - |
| Other amounts payable47/48 | - | - | - | €18k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €-20k | €-42k | €55k | ▲ 230% |
| + Depreciation and write-downs630 | €2k | €2k | €3k | €4k | ▲ 11.2% |
| Operating cash flow (approximation) | €21k | €-17k | €-39k | €58k | ▲ 250% |
| Investment in fixed assets (approximation) | - | €-5k | €-5k | €716 | ▲ 116% |
| Change in cash | - | €-5k | €-3k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €55k
Net result €55k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.54
Current ratio from 0.63 to 1.54; short-term debt falls from €91k to €46k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 83 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
02-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
23-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
23-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Liège · 1 establishment unit since 2012
Ground area
1.3 ha
Building footprint
4,913 m²
Volume, LiDAR
40,305 m³
Parcel 62817B0418/00G002, Wallonia · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
36
companies at this address
See who is registered here
1 establishment unit
Rue de Mulhouse 36, 4020 Liège
since 20122.206.985.768
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62817B0418/00G002 | Wallonia | 1.3 ha | 1 · 4,913 m² | 16.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,247 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded10-02-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.