Equity
€236,649 ▲ 7.7%
CYPHER has made a profit in every financial year since 2017.
CYPHER
Lifetime
9 annual accounts with figures on one time axispeak €169,156 (2023)
€21,090▼ 75.6%
peak €124,754 (2023)
€16,890▼ 73.0%
peak €244,730 (2019)
€236,649▲ 7.7%
€10,075▼ 75.8%
Board1 name since 2016
1 director
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €86,380 to €21,090Result from €62,627 to €16,890Debts from €41,565 to €10,075
Key points
from the 2025 annual accountsTurnover
≈ €98,000 estimated
The micro format states no turnover.
Liquidity
23.35 was 5.91 in 2024
Short-term debts fell from €41,565 to €10,075.
Filings
9 annual accounts 4 late
The 2023 accounts came latest: 28 days after the end of the period.
Starting capital
€18,600 100 shares
Position in the sector
95.9%
Higher solvency than 94% of companies in financial services. Sector median 51.2% · 10,285 companies.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0666786512
Change of role: , from manager to director
Director discharge: (manager) · General meeting of 16-05-2023 · Gazette deed
First establishment
Velodroomstraat 44, Ostend
Incorporation
Founding capital of €18,600, 100 shares · Founder: · Appointment: (manager) · published on 01-12-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CYPHER Ostend | €246,723 | €21,090 | 95.9% | - |
| GiBo Zedelgem | €302,705 | €23,855 | 18.7% | - |
| IMMO TILMANS-DECKERS Maaseik | €247,905 | €20,842 | 12.2% | - |
| DIWP Eeklo | €275,512 | €19,639 | 43.7% | - |
| GREAT SCOTT! Turnhout | €271,344 | €18,436 | 79.9% | - |
| Nesst Antwerp | €221,929 | €19,930 | 78.8% | - |
| BAOBAB CONSULTING Asse | €248,202 | €24,202 | 80.8% | - |
These companies have the same main activity as CYPHER: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €222,000 and €303,000, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 29-11-2016Normal situation
- Activity
- Activities of holding companiesNACE 64210and 2 others
- Establishment unit
- 2.259.155.9328400 Ostend, since 01-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- €246,723▼ 5.6%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on CYPHER
CYPHER files the micro format. That format states no turnover. The gross margin fell from €107,308 in 2017 to €21,090 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CYPHER
- What is the company number of CYPHER?
- The company number of CYPHER is 0666.786.512. The VAT number is the same number with BE in front: BE 0666.786.512.
- Where is CYPHER based?
- The registered office is at Velodroomstraat 44, 8400 Ostend.Company details
- What does CYPHER do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of CYPHER?
- CYPHER is a private limited company (BV).
- When was CYPHER founded?
- CYPHER was founded on 29-11-2016.
- Is CYPHER still active?
- Yes, CYPHER is an active enterprise in the KBO register.
- What is the turnover of CYPHER?
- The turnover in financial year 2025 is ≈ €98,000. This figure is estimated from the gross margin of €21,090 and 34 comparable companies (NACE 64210). It probably lies between €41,000 and €140,000. It is a rough estimate.Financials
- Is CYPHER profitable?
- In financial year 2025, CYPHER made a profit of €16,890.
- Where can I find the annual accounts of CYPHER?
- CYPHER filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CYPHER due?
- CYPHER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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