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CYRT ENGINEERING

Active
Private limited companyfounded 200917 yrs activeWashingtonstraat 52, 1050 Elsene, BelgiumKBO/BCE: BE 0809.176.869
Summary

CYRT ENGINEERING has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €262k and a net result of €-5k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 34% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability68▼-4
Solvency65▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.55 in 2024; short-term debt: 17.8% and cash: 4.1% of total assets), and 59.8% of the assets are financed with debt.
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Signals

Five 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
highest failure risk from 2 to 8 years 17 years 0 20 y
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 2025
Solvency, return and age of the figures
Solvency
40.2%
Return on assets
-0.8%
Age of the figures
15 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
19 d late
2024
13 d late
2023
29 d late
2022
1 d early
2020
27 d early
2018
5 d early
2017
1 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 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

History

On 19 January 2009, CYRT ENGINEERING was incorporated.1 The name was changed to CYRT ENGINEERING in 2026.2 Total assets went from EUR 312,233 in 2018 to EUR 651,182 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 02-07-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€262k▼ 2.0%
2024 · €267k
Total assets
€651k▼ 7.1%
2024 · €701k
Net result
€-5k
2024 · €16k
Working capital
€-55k▲ 7.2%
2024 · €-59k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202022202320242025
Operating result€33k-€-5k-€31k€24k▼ 21.4%€-4k
Net result€23k-€-10k-€-19k▼ 98.9%€16k€-5k
Equity€221k-€275k-€252k▼ 8.5%€267k▲ 6.2%€262k▼ 2.0%
Total assets€845k-€842k-€791k▼ 6.1%€701k▼ 11.4%€651k▼ 7.1%
Debt€580k-€567k-€540k▼ 4.9%€434k▼ 19.6%€389k▼ 10.2%
Working capital€12k-€31k-€-85k€-59k▲ 30.4%€-55k▲ 7.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €33k€33kNet result 2020: €23k€23kOperating result 2022: €-5k€-5kNet result 2022: €-10k€-10kOperating result 2023: €31k€31kNet result 2023: €-19k€-19kOperating result 2024: €24k€24kNet result 2024: €16k€16kOperating result 2025: €-4k€-4kNet result 2025: €-5k€-5k20202022202320242025€-20k€0€20k€40kOperating result 2023: €31k€31kNet result 2023: €-19k€-19kOperating result 2024: €24k€24kNet result 2024: €16k€16kOperating result 2025: €-4k€-3.5kNet result 2025: €-5k€-5.3k202320242025
The operating result turns negative in 2025: a loss of €4k after €24k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €651k
Fixed assets €590k ▼ 6.1%
Current assets €61k ▼ 16.1%
Equity and liabilities €651k
Equity €262k ▼ 2.0%
Debt €389k ▼ 10.2%
Debt's share of the balance-sheet total falls from 61.9% to 59.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€35k▼
2024 · €67k
Cash flow
€33k▼
2024 · €59k
Current ratio
0.53▼
2024 · 0.55
Debt to equity
1.49▼
2024 · 1.62
ROE
-2.0%▼
2024 · 5.8%
ROA
-0.8%▼
2024 · 2.2%
Interest coverage
23.09▲
2024 · 14.44
Debt ≤ 1 year
€116k▼
2024 · €131k
Debt > 1 year
€274k▼
2024 · €302k
Income taxes
€329▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€701k€651k▼
Fixed assets21/28€628k€590k▼
Tangible fixed assets22/27€628k€590k▼
Land and buildings22€608k€573k▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€16k€14k▼
Financial fixed assets28€25€25=
Current assets29/58€73k€61k▼
Amounts receivable within one year40/41€22k€4k▼
Trade receivables40€22k€4k▼
Other amounts receivable41-€79
Current investments50/53€29k€29k=
Cash at bank and in hand54/58€20k€26k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€701k€651k▼
Equity10/15€267k€262k▼
Contributions10/11€6k€6k=
Reserves13€287k€287k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€285k€285k=
Profit (loss) carried forward14€-26k€-32k▼
Amounts payable17/49€434k€389k▼
Amounts payable after more than one year17€302k€274k▼
Financial debts170/4€302k€274k▼
Amounts payable within one year42/48€131k€116k▼
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€3k€28▼
Suppliers440/4€3k€28▼
Taxes, remuneration and social security45€21k€23k▲
Taxes450/3€13k€320▼
Remuneration and social security454/9€7k€22k▲
Other amounts payable47/48€79k€64k▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€38k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€68k€36k▼
Operating profit (loss)9901€24k€-4k▼
Financial income75/76B€13€30▲
Recurring financial income75€13€30▲
Financial charges65/66B€5k€1k▼
Recurring financial charges65€5k€1k▼
Profit (loss) for the period before taxes9903€20k€-5k▼
Income taxes67/77€4k€329▼
Profit (loss) for the period9904€16k€-5k▼
Profit (loss) for the period to be appropriated9905€16k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-32k▼
Profit (loss) brought forward from the previous period14P€-42k€-26k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€51k€45k€43k€38k▼ 11.4%
Other operating charges640/8-€765€1k€1k€1k▲ 4.6%
Gross operating margin9900€84k€47k€77k€68k€36k▼ 47.6%
Operating profit (loss)9901€33k€-5k€31k€24k€-4k▼ 115%
Financial income75/76B--€437€13€30▲ 126%
Recurring financial income75€1k-€437€13€30▲ 126%
Financial charges65/66B-€5k€5k€5k€1k▼ 67.8%
Recurring financial charges65€1k€5k€5k€5k€1k▼ 67.8%
Profit (loss) for the period before taxes9903€33k€-10k€26k€20k€-5k▼ 125%
Income taxes67/77€17k€172€45k€4k€329▼ 91.9%
Profit (loss) for the period9904€23k€-10k€-19k€16k€-5k▼ 134%
Profit (loss) for the period to be appropriated9905€38k€-10k€-19k€16k€-5k▼ 134%
Line20202022202320242025Change
Assets
Total assets20/58€845k€842k€791k€701k€651k▼ 7.1%
Fixed assets21/28€666k€711k€667k€628k€590k▼ 6.1%
Tangible fixed assets22/27€666k€711k€667k€628k€590k▼ 6.1%
Land and buildings22-€678k€643k€608k€573k▼ 5.8%
Furniture and vehicles24-€13k€5k€4k€3k▼ 22.9%
Other tangible fixed assets26-€21k€18k€16k€14k▼ 13.0%
Financial fixed assets28€25€25€25€25€25=
Current assets29/58€179k€131k€124k€73k€61k▼ 16.1%
Amounts receivable within one year40/41€18k€20k€23k€22k€4k▼ 82.9%
Trade receivables40-€20k€23k€22k€4k▼ 83.2%
Other amounts receivable41----€79-
Current investments50/53€84k€84k€84k€29k€29k=
Cash at bank and in hand54/58€77k€26k€18k€20k€26k▲ 29.8%
Deferred charges and accrued income490/1-€1k€487€1k€2k▲ 55.2%
Equity and liabilities
Total equity and liabilities10/49€845k€842k€791k€701k€651k▼ 7.1%
Equity10/15€221k€275k€252k€267k€262k▼ 2.0%
Contributions10/11€6k€6k€6k€6k€6k=
Reserves13€223k€287k€287k€287k€287k=
Non-distributable reserves130/1-€2k€2k€2k€2k=
Reserves not available under the articles1311-€2k€2k€2k€2k=
Distributable reserves133-€285k€285k€285k€285k=
Profit (loss) carried forward14€-9k€-18k€-42k€-26k€-32k▼ 20.2%
Provisions and deferred taxes16€44k-----
Amounts payable17/49€580k€567k€540k€434k€389k▼ 10.2%
Amounts payable after more than one year17€413k€467k€330k€302k€274k▼ 9.5%
Financial debts170/4-€467k€330k€302k€274k▼ 9.5%
Amounts payable within one year42/48€167k€100k€209k€131k€116k▼ 12.1%
Current portion of amounts payable after more than one year42-€27k€28k€28k€29k▲ 1.2%
Trade debts44€54k€7k€9k€3k€28▼ 99.0%
Suppliers440/4-€7k€9k€3k€28▼ 99.0%
Taxes, remuneration and social security45-€8k€20k€21k€23k▲ 8.0%
Taxes450/3-€8k€14k€13k€320▼ 97.6%
Remuneration and social security454/9--€6k€7k€22k▲ 200%
Other amounts payable47/48-€58k€153k€79k€64k▼ 18.9%
Line20202022202320242025Change
Profit (loss) for the period9904€23k€-10k€-19k€16k€-5k▼ 134%
+ Depreciation and write-downs630€51k€51k€45k€43k€38k▼ 11.4%
Operating cash flow (approximation)€74k€41k€25k€59k€33k▼ 44.0%
Investment in fixed assets (approximation)--€0€-5k€0▲ 100%
Change in cash--€-8k€3k€6k▲ 120%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
02-07
State Gazette act Resignation: Martin CHAUFOUR (manager)
Appointment: Martin CHAUFOUR (non-statutory director) · Statutes amendment · Reserve release13 facts ▸
  • General meeting, 24 juin 2026
  • Statutes amendment
  • Reserve release, Suppression du compte de capitaux propres statutairement indisponible et mise à disposition pour des distributions futures
  • Name change, CYRT ENGINEERING
  • Statutes amendment
  • Purpose change, Le conseil en technologies de l'information ; Le conseil, l'ingénierie, l'assistance dans les domaines des télécoms, du secteur ferroviaire, du yachting, de l'é…
  • Director resignation, Martin CHAUFOUR (manager)
  • Director appointment, Martin CHAUFOUR (non-statutory director)
  • Director discharge, Martin CHAUFOUR
  • Mandate compensation, Martin CHAUFOUR
  • Statutes amendment
  • Capital
  • +1 further facts in this act
19-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
13-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
30-06
Financial Back to profitnet €16k
Net result €16k after 2 loss-making years.
29-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-06
Financial Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
04-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Highest result since 2018net €23k ▲241%
Operating result €33k, net result €23k, both a record.
30-06
Financial Equity above €200kEq €221k ▲11.8%
2 profitable years in a row build equity to €221k.
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
22-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 22 days late
2015
19-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 19 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 1 act read

Directors · office · real estate

Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
02-07-2026 Resigned as Manager
24-06-2026 Appointed as Non-statutory director
See the board, name and seat on a given date →
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
201 m²
Building footprint
87 m²
Volume, LiDAR
902 m³
Parcel 21447B0222/00D002, Brussels · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CYRT ENGINEERING
Washingtonstraat 52, 1050 ElseneAgents specialised in the wholesale of other particular products
since 20092.176.269.531
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0222/00D002 Brussels 200 m² 1 · 87 m² 17.1 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Purpose
Le conseil en technologies de l'information ; Le conseil, l'ingénierie, l'assistance dans les domaines des télécoms, du secteur ferroviaire, du yachting, de l'énergie, des…
Full purpose

Le conseil en technologies de l'information ; Le conseil, l'ingénierie, l'assistance dans les domaines des télécoms, du secteur ferroviaire, du yachting, de l'énergie, des nouvelles technologies ; Le développement, la réalisation, le négoce et la vente de produits, services, matériels et outils spécialisés ; La création et le développement de sites internet ; L'achat et la vente, pour son compte personnel, d'actions, de fonds d'investissements et de produits financiers. Robotique et automatisation — étude, développement, intégration, maintenance et commercialisation de systèmes robotisés, d’équipements automatisés et de technologies associées. Énergie et transition énergétique — conseil, audit, installation et exploitation de solutions énergétiques, y compris les énergies renouvelables, l’efficacité énergétique, les systèmes hybrides et les infrastructures techniques. Conseil en RSE — accompagnement des entreprises en matière de responsabilité sociétale, durabilité, stratégie climat, gouvernance, reporting extra financier et mise en conformité avec les cadres européens. Achat, vente, location et aménagement de vans — acquisition, transformation, aménagement, vente et location de vans destinés notamment à la création de bureaux mobiles, espaces de travail itinérants ou véhicules aménagés. Achat, vente et gestion d’immobilier — acquisition, cession, promotion, rénovation, location et gestion d’immeubles résidentiels, professionnels ou mixtes, ainsi que toutes opérations immobilières connexes.

Recognitions · licences · registrations

Legal Entity Identifier

875500KEB0U6GEEBEM96
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 14,093 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-01-2009
Fiscal year end30-06
Legal name FR CYRT ENGINEERING SPRL
Abbreviation FR CYRT
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management

Scores and ratios are computed by Checked and are not a credit decision.