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CYRUS

Active
Public limited companyfounded 199531 yrs activeAm Burgwall,Schönberg 2, 4782 Sankt Vith, BelgiumKBO/BCE: BE 0454.366.608
Summary

CYRUS has been active since 1995 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €53,645 and a net result of -€6,254. Equity is growing by ~3.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-26
Solvency99▼-1
Growth35=
Track record92
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.11 against 4.46 in 2024; short-term debt: 24.2% of total assets), and 26.4% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 31 years 0 40 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
73.6%
Return on assets
-8.6%
Age of the figures
18 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 07-08-2026, 280 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
280 d late
2024
642 d late
2023
8 d late
2022
8 d early
2021
17 d early
2020
55 d early
2019
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 118 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawal
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 8 November (4 of the last 5 filed years within 272 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline

History

On 20 January 1995, CYRUS was incorporated.1 Revenue went from EUR 58,925 in 2019 to EUR 14,706 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023

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Financials · fiscal year 2025, micro schema

Turnover
€14,706▼ 58.5%
2022 · €35,410
EBIT margin
3.1%▼ 4.2pp
2022 · 7.3%
Net result
-€6,254
2024 · €1,508
Working capital
€54,843▼ 10.2%
2024 · €61,098
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
Line20212022202320242025
Turnover€54,184▼ 21.7%€35,410▼ 34.6%€14,706▼ 58.5%
Operating result€5,213▼ 39.8%€2,590▼ 50.3%€462▼ 82.2%€1,508▲ 226%-€6,254
Net result€8,810▲ 46.4%€2,590▼ 70.6%-€785€1,508-€6,254
EBIT margin9.6%▼ 2.9pp7.3%▼ 2.3pp3.1%▼ 4.2pp
Equity€56,586▲ 18.4%€59,175▲ 4.6%€58,390▼ 1.3%€59,899▲ 2.6%€53,645▼ 10.4%
Total assets€105,963▲ 0.6%€120,151▲ 13.4%€114,962▼ 4.3%€79,169▼ 31.1%€72,915▼ 7.9%
Debt€49,377▼ 14.2%€60,976▲ 23.5%€56,572▼ 7.2%€19,270▼ 65.9%€19,270=
Working capital€44,380▼ 17.0%€52,229▲ 17.7%€57,300▲ 9.7%€61,098▲ 6.6%€54,843▼ 10.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000€10,000Operating result 2021: €5,213€5,213Net result 2021: €8,810€8,810Operating result 2022: €2,590€2,590Net result 2022: €2,590€2,590Operating result 2023: €462€462Net result 2023: -€785-€785Operating result 2024: €1,508€1,508Net result 2024: €1,508€1,508Operating result 2025: -€6,254-€6,254Net result 2025: -€6,254-€6,25420212022202320242025-€8,000-€6,000-€4,000-€2,000€0€2,000Operating result 2023: €462€462Net result 2023: -€785-€785Operating result 2024: €1,508€1,510Net result 2024: €1,508€1,510Operating result 2025: -€6,254-€6,250Net result 2025: -€6,254-€6,250202320242025
The operating result turns negative in 2025: a loss of €6,254 after €1,508 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72,915
Fixed assets €409 =
Current assets €72,506 ▼ 7.9%
Equity and liabilities €72,915
Equity €53,645 ▼ 10.4%
Debt €19,270 =
Debt's share of the balance-sheet total rises from 24.3% to 26.4%. Equity is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
4.11▼
2024 · 4.46
Quick ratio
2.27=
2024 · 2.27
Debt to equity
0.36▲
2024 · 0.32
ROE
-11.7%▼
2024 · 2.5%
ROA
-8.6%▼
2024 · 1.9%
Debt ≤ 1 year
€17,663=
2024 · €17,663
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€79,169€72,915▼
Fixed assets21/28€409€409=
Tangible fixed assets22/27€409€409=
Plant, machinery and equipment23€409€409=
Current assets29/58€78,760€72,506▼
Stocks and contracts in progress3€38,717€32,463▼
Stocks30/36€38,717€32,463▼
Amounts receivable within one year40/41€40,043€40,043=
Trade receivables40€25,043€25,043=
Other amounts receivable41€15,000€15,000=
Equity and liabilities
Total equity and liabilities10/49€79,169€72,915▼
Equity10/15€59,899€53,645▼
Contributions10/11€61,973€61,973=
Reserves13€256€256=
Non-distributable reserves130/1€256€256=
Reserves not available under the articles1311€256€256=
Profit (loss) carried forward14-€2,330-€8,584▼
Amounts payable17/49€19,270€19,270=
Amounts payable within one year42/48€17,663€17,663=
Trade debts44€12,589€12,589=
Suppliers440/4€12,589€12,589=
Other amounts payable47/48€5,074€5,074=
Accrued charges and deferred income492/3€1,608€1,608=
Income statement Code20242025
Gross operating margin9900€1,508-€6,254▼
Operating profit (loss)9901€1,508-€6,254▼
Profit (loss) for the period before taxes9903€1,508-€6,254▼
Profit (loss) for the period9904€1,508-€6,254▼
Profit (loss) for the period to be appropriated9905€1,508-€6,254▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2,330-€8,584▼
Profit (loss) brought forward from the previous period14P-€3,838-€2,330▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€54,184€35,410€14,706---
Non-recurring operating income76A--€220---
Goods, raw materials, services and sundry goods60/61-€25,240€4,570---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,969€6,076€6,076---
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€4,570---
Other operating charges640/8-€1,504€323---
Gross operating margin9900€11,868€10,170€11,431€1,508-€6,254▼ 515%
Operating profit (loss)9901€5,213€2,590€462€1,508-€6,254▼ 515%
Recurring financial income75€3,655-----
Recurring financial charges65€58-----
Profit (loss) for the period before taxes9903€8,810€2,590€462€1,508-€6,254▼ 515%
Income taxes67/77--€1,247---
Profit (loss) for the period9904€8,810€2,590-€785€1,508-€6,254▼ 515%
Profit (loss) for the period to be appropriated9905€8,810€2,590-€785€1,508-€6,254▼ 515%
Line20212022202320242025Change
Assets
Total assets20/58€105,963€120,151€114,962€79,169€72,915▼ 7.9%
Fixed assets21/28€12,206€6,946€1,090€409€409=
Tangible fixed assets22/27€12,206€6,946€1,090€409€409=
Plant, machinery and equipment23---€409€409=
Furniture and vehicles24-€6,946€1,090---
Current assets29/58€93,757€113,205€113,872€78,760€72,506▼ 7.9%
Stocks and contracts in progress3€31,304€81,205€87,010€38,717€32,463▼ 16.2%
Stocks30/36-€36,205€35,510€38,717€32,463▼ 16.2%
Contracts in progress37-€45,000€51,500---
Amounts receivable within one year40/41€37,237€32,000€26,862€40,043€40,043=
Trade receivables40-€1,985€11,862€25,043€25,043=
Other amounts receivable41-€30,015€15,000€15,000€15,000=
Cash at bank and in hand54/58€84-----
Equity and liabilities
Total equity and liabilities10/49€105,963€120,151€114,962€79,169€72,915▼ 7.9%
Equity10/15€56,586€59,175€58,390€59,899€53,645▼ 10.4%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10-€61,973€61,973---
Issued capital100-€61,973€61,973---
Reserves13€255€255€255€256€256=
Non-distributable reserves130/1-€255€255€256€256=
Legal reserve130-€255€255---
Reserves not available under the articles1311---€256€256=
Profit (loss) carried forward14-€5,642-€3,053-€3,838-€2,330-€8,584▼ 268%
Amounts payable17/49€49,377€60,976€56,572€19,270€19,270=
Amounts payable within one year42/48€49,377€60,976€56,572€17,663€17,663=
Trade debts44€565€249€7,177€12,589€12,589=
Suppliers440/4-€249€7,177€12,589€12,589=
Other amounts payable47/48-€60,727€49,395€5,074€5,074=
Accrued charges and deferred income492/3---€1,608€1,608=
Line20212022202320242025Change
Profit (loss) for the period9904€8,810€2,590-€785€1,508-€6,254▼ 515%
+ Depreciation and write-downs630€5,969€6,076€6,076---
Operating cash flow (approximation)€14,779€8,666€5,291€1,508-€6,254▼ 515%
Investment in fixed assets (approximation)--€816-€220€681€0▼ 100%

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 31-10-2026
2026
07-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 280 days late
04-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 642 days late
2025
31-03
Financial Weakest financial yearnet -€6,254
Net result drops to -€6,254, the lowest in the series.
2024
31-03
Financial Back to profitnet €1,508
Net result €1,508 after one loss-making year.
31-03
Financial Liquidity doublescurrent ratio 4.46
Current ratio from 2.01 to 4.46; short-term debt falls from €56,572 to €17,663.
2023
08-11
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2022
23-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
14-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial Highest result since 2019net €8,810 ▲46.4%
Net result €8,810, the highest in the series.
2020
06-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
06-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
06-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 157 days late
Show earlier events
2018
09-11
KBO administration Strikeout withdrawal
event 16-02-2018
16-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 108 days late
10-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 467 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Sankt Vith · 1 establishment unit since 2002
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.

Am Burgwall,Schönberg 24782 Sankt Vith
1 establishment unit
Am Burgwall,Schönberg 2, 4782 Sankt Vith
NACE 5248701
since 20022.072.262.270

Identification & contact

Identification
Legal formPublic limited company
Founded20-01-1995
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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