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CYRES

Active
Private limited companyfounded 200422 yrs activeDurmen 80, 9240 Zele, BelgiumKBO/BCE: BE 0866.970.558

CYRES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €822k and a net result of €-4k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 93% of 6965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
52 / 100
Fair▼ -42 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-37
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 18.06 against 14.75 in 2024), and 5.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.5%
Return on assets
-0.4%
Age of the figures
8 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
19 d early
2021
16 d early
2020
5 d early
2019
1 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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€822k▼ 15.7%
2024 · €975k
2018: €250k 2019: €296k 2020: €323k 2021: €373k 2022: €865k 2023: €903k 2024: €975k
2018 → 2025
Total assets
€870k▼ 16.7%
2024 · €1.04M
2018: €513k 2019: €461k 2020: €462k 2021: €448k 2022: €1.14M 2023: €1.13M 2024: €1.04M
2018 → 2025
Net result
€-4k
2024 · €72k
2018: €26k 2019: €46k 2020: €27k 2021: €49k 2022: €492k 2023: €38k 2024: €72k
2018 → 2025
Working capital
€818k▼ 14.0%
2024 · €950k
2018: €98k 2019: €133k 2020: €91k 2021: €178k 2022: €847k 2023: €885k 2024: €950k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€373k-€865k▲ 132%€903k▲ 4.4%€975k▲ 7.9%€822k▼ 15.7%
Operating result€69k-€733k▲ 960%€54k▼ 92.7%€72k▲ 35.2%€16k▼ 78.5%
Net result€49k-€492k▲ 896%€38k▼ 92.2%€72k▲ 86.1%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400k€600k€800kOperating result 2021: €69k€69kNet result 2021: €49k€49kOperating result 2022: €733k€733kNet result 2022: €492k€492kOperating result 2023: €54k€54kNet result 2023: €38k€38kOperating result 2024: €72k€72kNet result 2024: €72k€72kOperating result 2025: €16k€16kNet result 2025: €-4k€-4k20212022202320242025
The operating result falls in 2025; 2025 is 79% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €870k
Fixed assets €4k▼ 83.7%
Current assets €865k▼ 15.1%
Equity and liabilities €870k
Equity €822k▼ 15.7%
Debt €48k▼ 30.7%
The debt ratio falls from 6.6% to 5.5%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18k
2024 · €73k
Cash flow
€-1k
2024 · €73k
Solvency
94.5%
2024 · 93.4%
Current ratio
18.06
2024 · 14.75
Quick ratio
18.06
2024 · 14.75
Debt / equity
0.06
2024 · 0.07
ROE
-0.4%
2024 · 7.3%
ROA
-0.4%
2024 · 6.9%
Interest coverage
0.21
2024 · 6.92
Debt
€48k
2024 · €69k
Debt ≤ 1 year
€48k
2024 · €69k
Income taxes
€7k
2024 · €36k
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€1.04M€870k
Fixed assets21/28€25k€4k
Tangible fixed assets22/27€6k€4k
Plant, machinery and equipment23€5k€3k
Furniture and vehicles24€1k€660
Financial fixed assets28€18k€60
Current assets29/58€1.02M€865k
Amounts receivable after more than one year29€296k€277k
Other amounts receivable291€296k€277k
Amounts receivable within one year40/41€557k€535k
Trade receivables40€74k€36k
Other amounts receivable41€483k€500k
Current investments50/53€127k€22k
Cash at bank and in hand54/58€10k€12k
Deferred charges and accrued income490/1€30k€20k
Equity and liabilities
Total equity and liabilities10/49€1.04M€870k
Equity10/15€975k€822k
Contributions10/11€19k€19k=
Reserves13€955k€798k
Distributable reserves133€955k€798k
Profit (loss) carried forward14€2k€5k
Amounts payable17/49€69k€48k
Amounts payable within one year42/48€69k€48k
Trade debts44€11k€7k
Suppliers440/4€11k€7k
Taxes, remuneration and social security45€58k€41k
Taxes450/3€58k€41k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€883€2k
Other operating charges640/8€2k€20k
Gross operating margin9900€75k€38k
Operating profit (loss)9901€72k€16k
Financial income75/76B€46k€75k
Recurring financial income75€46k€75k
Financial charges65/66B€11k€87k
Recurring financial charges65€11k€87k
Profit (loss) for the period before taxes9903€108k€4k
Income taxes67/77€36k€7k
Profit (loss) for the period9904€72k€-4k
Profit (loss) for the period to be appropriated9905€72k€-4k
Appropriation of the result
Profit (loss) to be appropriated9906€73k€-2k
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer from equity791/2-€157k
Transfer to equity691/2€72k€0
To other reserves6921€72k€0
Profit to be distributed694/7-€150k
Return on contributions (dividend)694-€150k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-4k ▼105%
Net result drops to €-4k, the lowest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity triplescurrent ratio 14.75
Current ratio from 4.91 to 14.75; short-term debt falls from €227k to €69k.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €492k ▲896%
Operating result €733k, net result €492k, both a record.
31-12
Financial Equity above €500kEq €865k ▲132%
5 profitable years in a row build equity to €865k.
15-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity doublescurrent ratio 3.34
Current ratio from 1.65 to 3.34; short-term debt falls from €139k to €76k.
26-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Zele · 1 establishment unit since 2004
establishment The establishment unit on the map
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.

Durmen 809240 Zele
Ground area
686 m²
Building footprint
162 m²
Volume, LiDAR
834 m³
Parcel 42028A1182/00D000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CYRES
Durmen 80, 9240 ZeleNACE 7414101
since 20042.139.322.825
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42028A1182/00D000 Flanders 686 m² 1 · 162 m² 7.5 m · 2 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

2022 to 2023 · 2 entries · 7,500 EUR awarded · 6,900 EUR paid
Year Entries awardedpaid
2023 1 0 EUR2,400 EUR
2022 1 7,500 EUR4,500 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 7,500 EUR · 6,900 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 13,391 companies in sector 73300 we hold annual accounts for 6,881. 3,366 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-08-2004
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74141
74501
78100Employment placement agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.