CYPRESS DEVELOPMENT
ActiveCYPRESS DEVELOPMENT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €60k and a net result of €50k. Its solvency ranks better than 41% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency79
Growth-
Track record79
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.37; short-term debt: 46.1% and cash: 38.4% of total assets), and 46.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€60k
Total assets
€112k
Net result
€50k
Working capital
€19k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €112k
Fixed assets
€41k
Current assets
€70k
Equity and liabilities €112k
Equity
€60k
Debt
€51k
Debt finances 46.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€76k
Cash flow
€59k
Solvency
53.9%
Current ratio
1.37
Quick ratio
1.37
Debt / equity
0.86
ROE
83.4%
ROA
44.9%
Interest coverage
27.08
Debt
€51k
Debt ≤ 1 year
€51k
Income taxes
€14k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€112k
Fixed assets21/28€41k
Tangible fixed assets22/27€41k
Land and buildings22€6k
Plant, machinery and equipment23€3k
Furniture and vehicles24€32k
Financial fixed assets28€400
Current assets29/58€70k
Amounts receivable within one year40/41€27k
Trade receivables40€27k
Cash at bank and in hand54/58€43k
Deferred charges and accrued income490/1€521
Equity and liabilities
Total equity and liabilities10/49€112k
Equity10/15€60k
Contributions10/11€10k
Profit (loss) carried forward14€50k
Amounts payable17/49€51k
Amounts payable within one year42/48€51k
Trade debts44€17k
Suppliers440/4€17k
Taxes, remuneration and social security45€20k
Taxes450/3€18k
Remuneration and social security454/9€2k
Other amounts payable47/48€14k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k
Other operating charges640/8€1k
Gross operating margin9900€77k
Operating profit (loss)9901€67k
Financial income75/76B€10
Recurring financial income75€10
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€64k
Income taxes67/77€14k
Profit (loss) for the period9904€50k
Profit (loss) for the period to be appropriated9905€50k
Appropriation of the result
Profit (loss) to be appropriated9906€50k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Halle · 1 establishment unit since 2023
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.
Lamme Guiche-erf 131500 HalleGround area
495 m²
Building footprint
148 m²
Volume, LiDAR
549 m³
Parcel 23027F0043/00Z004, Flanders · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CYPRESS DEVELOPMENT
since 20232.343.308.875
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23027F0043/00Z004 | Flanders | 495 m² | 1 · 148 m² | 5.0 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 585 EUR awarded · 585 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 585 EUR | 585 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 15,460 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2023
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
68121Development of residential building projects
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.