Cyneco
ActiveCyneco has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €89k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy▼ -35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency27▼-73
Growth32▼-46
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 14.37 in 2024), and 81.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.6%
Return on assets
49.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 16932 sector peers (2025).
NBB · sector comparisonPosition among 16932 sector peers
Solvency
better than 20%
← weakest
strongest →
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 10-06-2026, 51 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
51 d early
2024
25 d late
2023
22 d late
2022
32 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▼ 88.9%
2024 · €299k
2022: €97k
2023: €178k
2024: €299k
2022 → 2025
Total assets
€179k▼ 44.1%
2024 · €321k
2022: €136k
2023: €201k
2024: €321k
2022 → 2025
Net result
€89k▼ 26.3%
2024 · €121k
2022: €95k
2023: €81k
2024: €121k
2022 → 2025
Working capital
€23k▼ 92.0%
2024 · €286k
2022: €95k
2023: €170k
2024: €286k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€97k-€178k▲ 83.1%€299k▲ 68.2%€33k▼ 88.9%
Operating result€120k-€110k▼ 8.5%€154k▲ 40.4%€115k▼ 25.7%
Net result€95k-€81k▼ 14.7%€121k▲ 50.2%€89k▼ 26.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179k
Fixed assets
€11k▼ 21.4%
Current assets
€169k▼ 45.0%
Equity and liabilities €179k
Equity
€33k▼ 88.9%
Debt
€146k▲ 583%
The debt ratio rises from 6.7% to 81.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€118k▼
2024 · €157k
Cash flow
€92k▼
2024 · €123k
Solvency
18.6%▼
2024 · 93.3%
Current ratio
1.16▼
2024 · 14.37
Quick ratio
1.16▼
2024 · 14.37
Debt / equity
4.38▲
2024 · 0.07
ROE
268.4%▲
2024 · 40.5%
ROA
49.9%▲
2024 · 37.8%
Interest coverage
894.28▲
2024 · 801.65
Debt
€146k▲
2024 · €21k
Debt ≤ 1 year
€146k▲
2024 · €21k
Income taxes
€25k▼
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€321k€179k▼
Fixed assets21/28€13k€11k▼
Tangible fixed assets22/27€13k€11k▼
Furniture and vehicles24€6k€4k▼
Other tangible fixed assets26€8k€7k▼
Current assets29/58€307k€169k▼
Amounts receivable after more than one year29€16k-
Other amounts receivable291€16k-
Amounts receivable within one year40/41€55k€42k▼
Trade receivables40€55k€37k▼
Other amounts receivable41€91€5k▲
Cash at bank and in hand54/58€234k€124k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€321k€179k▼
Equity10/15€299k€33k▼
Contributions10/11€3k€3k=
Reserves13€297k€31k▼
Distributable reserves133€297k€31k▼
Amounts payable17/49€21k€146k▲
Amounts payable within one year42/48€21k€146k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€20k€33k▲
Taxes450/3€18k€33k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48-€111k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€414€120▼
Gross operating margin9900€157k€118k▼
Operating profit (loss)9901€154k€115k▼
Financial income75/76B€29€1▼
Recurring financial income75€29€1▼
Financial charges65/66B€195€132▼
Recurring financial charges65€195€132▼
Profit (loss) for the period before taxes9903€154k€115k▼
Income taxes67/77€33k€25k▼
Profit (loss) for the period9904€121k€89k▼
Profit (loss) for the period to be appropriated9905€121k€89k▼
Appropriation of the result
Profit (loss) to be appropriated9906€121k€89k▼
Transfer from equity791/2-€355k
Transfer to equity691/2€121k€89k▼
To other reserves6921€121k€89k▼
Profit to be distributed694/7-€355k
Return on contributions (dividend)694-€355k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2022net €121k ▲50.2%
Operating result €154k, net result €121k, both a record.
31-12
Financial
Equity above €200kEq €299k ▲68.2%
3 profitable years in a row build equity to €299k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Weakest financial yearnet €81k ▼14.7%
Net result drops to €81k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 8.51
Current ratio from 3.46 to 8.51; short-term debt falls from €39k to €23k.
31-12
Financial
Equity above €150kEq €178k ▲83.1%
2 profitable years in a row build equity to €178k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Boechout · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kievitstraat 142530 BoechoutGround area
467 m²
Building footprint
87 m²
Parcel 11004A0405/00D000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Cyneco
since 20222.328.396.611
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11004A0405/00D000 | Flanders | 467 m² | 1 · 87 m² | 0.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 29,885 companies in sector 62200 we hold annual accounts for 18,322. 14,475 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2022
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
58290Other software publishing
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.