Cynosuros Capital Partners
ActiveThe computed 12-month bankruptcy probability of Cynosuros Capital Partners is 2.7% (moderate). The 2025 annual accounts show negative equity (€-40k) and a net result of €-9k. Equity is shrinking by ~42.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 18281 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-48
Solvency0▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.72 in 2024; short-term debt: 125.8% and cash: 15.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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 2025Solvency, return and age of the figures
Solvency
-27.4%
Return on assets
-6.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-40k
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 09-06-2026, 52 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
52 d early
2024
57 d early
2023
29 d early
2022
1 d late
2021
10 d late
2020
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-40k▼ 30.3%
2024 · €-31k
2020: €4k
2021: €-621
2022: €-13k
2023: €-29k
2024: €-31k
2020 → 2025
Total assets
€147k▲ 8.1%
2024 · €136k
2020: €104k
2021: €109k
2022: €166k
2023: €148k
2024: €136k
2020 → 2025
Net result
€-9k▼ 426%
2024 · €-2k
2020: €-15k
2021: €-4k
2022: €-13k
2023: €-16k
2024: €-2k
2020 → 2025
Working capital
€-57k▼ 25.5%
2024 · €-45k
2020: €-29k
2021: €-26k
2022: €-41k
2023: €-49k
2024: €-45k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-621-€-13k▼ 2,026%€-29k▼ 121%€-31k▼ 6.1%€-40k▼ 30.3%
Operating result€-3k-€-11k▼ 235%€-14k▼ 27.7%€-689▲ 95.1%€-3k▼ 312%
Net result€-4k-€-13k▼ 195%€-16k▼ 27.3%€-2k▲ 88.8%€-9k▼ 426%
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 €3k in 2025 against €689 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147k
Fixed assets
€19k▼ 16.3%
Current assets
€129k▲ 13.0%
Key figures and ratios
EBITDA
€6k▼
2024 · €10k
Cash flow
€-242▼
2024 · €9k
Solvency
-27.4%▼
2024 · -22.7%
Current ratio
0.69▼
2024 · 0.72
Quick ratio
0.13▲
2024 · 0.13
Debt / equity
-4.65▲
2024 · -5.40
ROA
-6.4%▼
2024 · -1.3%
Interest coverage
0.96▼
2024 · 8.46
Debt
€188k▲
2024 · €167k
Debt ≤ 1 year
€185k▲
2024 · €159k
Debt > 1 year
€1k▼
2024 · €7k
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€136k€147k▲
Fixed assets21/28€23k€19k▼
Intangible fixed assets21-€4k
Tangible fixed assets22/27€23k€14k▼
Plant, machinery and equipment23€46-
Furniture and vehicles24€15k€8k▼
Other tangible fixed assets26€8k€6k▼
Current assets29/58€114k€129k▲
Stocks and contracts in progress3€93k€104k▲
Stocks30/36€93k€104k▲
Amounts receivable within one year40/41€2k€2k▼
Trade receivables40€2k€2k▼
Other amounts receivable41€556€500▼
Cash at bank and in hand54/58€19k€22k▲
Deferred charges and accrued income490/1€317€327▲
Equity and liabilities
Total equity and liabilities10/49€136k€147k▲
Equity10/15€-31k€-40k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-50k€-59k▼
Amounts payable17/49€167k€188k▲
Amounts payable after more than one year17€7k€1k▼
Financial debts170/4€7k€1k▼
Amounts payable within one year42/48€159k€185k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€8k€314▼
Suppliers440/4€8k€314▼
Taxes, remuneration and social security45€11k€8k▼
Taxes450/3€11k€8k▼
Other amounts payable47/48€135k€171k▲
Accrued charges and deferred income492/3€999€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼
Other operating charges640/8€7k€6k▼
Gross operating margin9900€17k€13k▼
Operating profit (loss)9901€-689€-3k▼
Financial income75/76B€104€21▼
Recurring financial income75€104€21▼
Financial charges65/66B€1k€7k▲
Recurring financial charges65€1k€7k▲
Profit (loss) for the period before taxes9903€-2k€-9k▼
Profit (loss) for the period9904€-2k€-9k▼
Profit (loss) for the period to be appropriated9905€-2k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-59k▼
Profit (loss) brought forward from the previous period14P€-48k€-50k▼
The notes to these accounts (10 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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Arlon · 1 establishment unit since 2020
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.
Rue Godefroid-Kurth 736700 ArlonGround area
628 m²
Building footprint
143 m²
Volume, LiDAR
1,655 m³
Parcel 81001A2075/00F002, Wallonia · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Vino-Terre-Happy
since 20202.297.683.639
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81001A2075/00F002 | Wallonia | 628 m² | 1 · 143 m² | 13.8 m · 4 fl. |
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 2,333 companies in sector 47251 we hold annual accounts for 422. 160 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2020
Fiscal year end31-12
Activities, NACEBEL
47251Retail sale of wines and spirits
46341Wholesale of wines and spirits
47120Other non-specialised retail sale
47910Retail trade
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:juliemcbrisbois@hotmail.com
Phone:+32495779659