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CYRT ENGINEERING

Active Private limited companyfounded 2009active for 17 yearsWashingtonstraat 52, 1050 IxellesKBO/BCE: BE 0809.176.869

Lifetime

15 annual accounts with figures on one time axis
peak €84,224 (2020)
€35,823▼ 47.6%
lowest -€19,449 (2023)
-€5,318▼ €20,830
peak €275,100 (2022)
€261,899▼ 2.0%
€389,283▼ 10.2%
Board1 name since 2022
1 directorMartin CHAUFOUR
Documentsfilings and deeds
19-02-202619 days late
2025micro format
Gross margin from €68,426 to €35,823Loss of €5,318

Key points

from the 2025 annual accounts

Turnover

≈ €120,000 estimated

The micro format states no turnover.

Filings

15 annual accounts since 2009
deadline2010201520202025

Five of the last ten came late. The 2023 accounts came latest: 29 days after the end of the period.

Position in the sector

-€5,318

Lower net result than 87% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.

Checked score

92
Excellent
Financially stronger than 32% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%▲ +0.1 percentage points vs 01-2025highest value 03-2025: < 0.1%▼ -0.3 percentage points vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: 0.1%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.1%▼ -0.1 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

65+2equity 40.2% of total assets
50+2short-term debt 17.8% · cash 4.1%
68-4return on assets -0.8%

Score breakdown

raises risk
Loss of €5,318 (financial year 2025)
lowers risk
Size: total assets €651,182
Sector: Computer programming, consultancy and related activities (NACE 62)
Figures for financial year 2025 (filed on 19-02-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 36% of them on solvency, 30% on liquidity, 27% on profitability and 37% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,686 companies had the same profile as CYRT ENGINEERING has now. Each dot stands for 7 companies, two years later.

93.7%
were still trading
5.4%
stopped another way
0.6%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CYRT ENGINEERING itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,686 companies, not a prediction for CYRT ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €24,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.53 (0.55 in 2024), below 1. Short-term debt is 17.8% and cash 4.1% of total assets. 59.8% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €651,182
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Figures for financial year 2025 (filed on 19-02-2026)
NBB · annual accounts
raises risk · Loss of €5,318 (financial year 2025)
NBB · annual accounts
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-02-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
19 days late
2024
13 days late
2023
29 days late
2022
1 day early
2020
27 days early
2018
5 days early
2017
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 13 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
MC
Director, until 2026
Board & ownership

Recent changes

Change of role: Martin CHAUFOUR, from manager to director “Le conseil en technologies de l'information; Le conseil, l'ingénierie, l'assistance dans les domaines des…” (deed in French) · Director discharge: Martin CHAUFOUR · General meeting of 24-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0809176869
Assemblee Generale - Annee Comptable General meeting of 18-12-2019 · Gazette deed
First establishment Washingtonstraat 52, Ixelles
All 28 events

Comparable companies

same main activity, similar in size and age
Company
CYRT ENGINEERING Ixelles €651,182 €35,823 40.2% -
ROUTE 67 CONSULTING Ixelles €685,758 €38,603 86.6% -
EXACT TRADING Uccle €645,862 €37,753 87.5% -
JC MULTI CONCEPT Etterbeek €736,691 €35,281 95.3% -
PURE PMO Woluwe-Saint-Lambert €599,432 €38,953 95.2% -
ALPHAWARE Ghent €594,932 €38,415 20.7% -
NET SYSTEM Waimes €623,567 €34,800 61.5% -

These companies have the same main activity as CYRT ENGINEERING: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €595,000 and €737,000, founded between 2008 and 2010.

Official details

Source: KBO
Status
Active since 19-01-2009Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.176.269.5311050 Ixelles, since 03-02-2009
Financial year end
30 June
Peppol
Reachable since 06-04-2026
Company details

Annual accounts to 30-06-2025

€651,182▼ 7.1%
Filing
Filed on 19-02-2026
Financials

Insights on CYRT ENGINEERING

CYRT ENGINEERING files the micro format. That format states no turnover. The gross margin rose from €3,622 in 2009 to €35,823 in 2025.

The balance sheet grew most from 2012 to 2014 through fixed assets, financed with long-term debt.

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 CYRT ENGINEERING

What is the company number of CYRT ENGINEERING?
The company number of CYRT ENGINEERING is 0809.176.869. The VAT number is the same number with BE in front: BE 0809.176.869.
Where is CYRT ENGINEERING based?
The registered office is at Washingtonstraat 52, 1050 Ixelles.Company details
What does CYRT ENGINEERING do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of CYRT ENGINEERING?
CYRT ENGINEERING is a private limited company (BV).
When was CYRT ENGINEERING founded?
CYRT ENGINEERING was founded on 19-01-2009.
Is CYRT ENGINEERING still active?
Yes, CYRT ENGINEERING is an active enterprise in the KBO register.
What is the turnover of CYRT ENGINEERING?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €35,823 and 63 comparable companies (NACE 62200). It probably lies between €98,000 and €160,000.Financials
Is CYRT ENGINEERING profitable?
In financial year 2025, CYRT ENGINEERING made a loss of €5,318.
Where can I find the annual accounts of CYRT ENGINEERING?
CYRT ENGINEERING filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CYRT ENGINEERING due?
CYRT ENGINEERING must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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