CYTéVIE
Open bankruptcyFinancials · financial year 2024, micro format
Equity
€2,035▼ 97.0%
2023 · €67,416
Total assets
€82,151▼ 47.1%
2023 · €155,190
Net result
-€65,381▼ 2,833%
2023 · -€2,229
Working capital
-€11,172
2023 · €49,236
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result stays negative: a loss of €64,191 in 2024 against €1,122 in 2023; the loss grows and 2024 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€64,191
2024
Net result-€65,381
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€82,151
2024
Equity€2,035
2024
Debt€80,116
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€11,172
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-79.6%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency2.5%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.86
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)3.1
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 72, Scientific research and development: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€4,390--€12,030-€19,524▼ 62.3%€6,770€1,264▼ 81.3%-€1,122-€64,191▼ 5,621%
Net result€27,230-€7,954▼ 70.8%€3,784within the sector's middle half▼ 52.4%€5,090within the sector's middle half▲ 34.5%-€372within the sector's middle half-€2,229below the sector's middle half▼ 500%-€65,381below the sector's middle half▼ 2,833%
Equity€105,403-€87,011▼ 17.4%€65,688within the sector's middle half▼ 24.5%€70,017within the sector's middle half▲ 6.6%€69,646within the sector's middle half▼ 0.5%€67,416within the sector's middle half▼ 3.2%€2,035below the sector's middle half▼ 97.0%
Total assets€172,877-€154,690▼ 10.5%€139,872within the sector's middle half▼ 9.6%€143,156within the sector's middle half▲ 2.3%€159,916within the sector's middle half▲ 11.7%€155,190within the sector's middle half▼ 3.0%€82,151below the sector's middle half▼ 47.1%
Debt€67,474-€67,679▲ 0.3%€74,184▲ 9.6%€73,139▼ 1.4%€90,271▲ 23.4%€87,774▼ 2.8%€80,116▼ 8.7%
Working capital€17,718-€37,934▲ 114%€47,326within the sector's middle half▲ 24.8%€45,655within the sector's middle half▼ 3.5%€48,688within the sector's middle half▲ 6.6%€49,236within the sector's middle half▲ 1.1%-€11,172below the sector's middle half
Solvency61.0%-56.2%▼ 4.7pp47.0%within the sector's middle half▼ 9.3pp48.9%within the sector's middle half▲ 1.9pp43.6%within the sector's middle half▼ 5.4pp43.4%within the sector's middle half▼ 0.1pp2.5%below the sector's middle half▼ 41.0pp
Current ratio1.26-1.56▲ 0.301.64within the sector's middle half▲ 0.081.62within the sector's middle half▼ 0.011.54within the sector's middle half▼ 0.081.56within the sector's middle half▲ 0.020.86below the sector's middle half▼ 0.70
Return on assets (ROA)15.8%-5.1%▼ 10.6pp2.7%within the sector's middle half▼ 2.4pp3.6%within the sector's middle half▲ 0.9pp-0.2%below the sector's middle half▼ 3.8pp-1.4%below the sector's middle half▼ 1.2pp-79.6%below the sector's middle half▼ 78.2pp
Staff (FTE)4.1-3.1▼ 24.4%3.1within the sector's middle half=3.1=3.1=
above
within
below
the middle half of NACE 72, Scientific research and development: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €82,151
Fixed assets
€13,207 ▼ 27.4%
Current assets
€68,944 ▼ 49.7%
Equity and liabilities €82,151
Equity
€2,035 ▼ 97.0%
Debt
€80,116 ▼ 8.7%
Debt's share of the balance-sheet total rises from 56.6% to 97.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€60,852▼
2023 · €2,283
Cash flow
-€62,043▼
2023 · €1,175
Quick ratio
0.62▼
2023 · 1.43
Debt to equity
39.37▲
2023 · 1.30
Interest coverage
-51.02▼
2023 · 2.36
Debt ≤ 1 year
€80,116▼
2023 · €87,774
Income taxes
€0▼
2023 · €141
Staff costs
€376,947▲
2023 · €375,242
A ratio outside any meaningful range has been withheld (balance sheet total €82,151, equity €2,035).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €322,730 | €321,406 | €375,242 | €376,947 | ▲ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,305 | €36,282 | €37,672 | €3,948 | €3,405 | €3,405 | €3,339 | ▼ 1.9% |
| Other operating charges640/8 | - | - | - | €590 | €348 | €384 | €387 | ▲ 0.8% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €795 | - |
| Gross operating margin9900 | €394,837 | €321,806 | €339,064 | €334,038 | €326,421 | €377,909 | €317,277 | ▼ 16.0% |
| Operating profit (loss)9901 | €4,390 | -€12,030 | -€19,524 | €6,770 | €1,264 | -€1,122 | -€64,191 | ▼ 5,621% |
| Financial income75/76B | - | - | - | €793 | €4 | €0 | €2 | ▲ 1,200% |
| Recurring financial income75 | €25,737 | €24,493 | €25,226 | €793 | €4 | €0 | €2 | ▲ 1,200% |
| Financial charges65/66B | - | - | - | €899 | €792 | €967 | €1,193 | ▲ 23.4% |
| Recurring financial charges65 | €243 | €282 | €911 | €899 | €792 | €967 | €1,193 | ▲ 23.4% |
| Profit (loss) for the period before taxes9903 | €29,883 | €12,181 | €4,791 | €6,664 | €476 | -€2,088 | -€65,381 | ▼ 3,031% |
| Income taxes67/77 | €2,654 | €4,227 | €1,006 | €1,574 | €847 | €141 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €27,230 | €7,954 | €3,784 | €5,090 | -€372 | -€2,229 | -€65,381 | ▼ 2,833% |
| Profit (loss) for the period to be appropriated9905 | €27,230 | €7,954 | €3,784 | €5,090 | -€372 | -€2,229 | -€65,381 | ▼ 2,833% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €172,877 | €154,690 | €139,872 | €143,156 | €159,916 | €155,190 | €82,151 | ▼ 47.1% |
| Fixed assets21/28 | €87,684 | €49,077 | €18,362 | €24,362 | €20,958 | €18,181 | €13,207 | ▼ 27.4% |
| Intangible fixed assets21 | €74,592 | €36,955 | €727 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €2,450 | €1,480 | €6,781 | €13,508 | €10,104 | €6,699 | €3,360 | ▼ 49.8% |
| Plant, machinery and equipment23 | - | - | - | €13,508 | €10,104 | €6,699 | €3,360 | ▼ 49.8% |
| Furniture and vehicles24 | - | - | - | €0 | - | - | - | - |
| Financial fixed assets28 | €10,642 | €10,642 | €10,854 | €10,854 | €10,854 | €11,482 | €9,847 | ▼ 14.2% |
| Current assets29/58 | €85,193 | €105,613 | €121,510 | €118,794 | €138,958 | €137,009 | €68,944 | ▼ 49.7% |
| Stocks and contracts in progress3 | €14,997 | €23,075 | €13,979 | €14,534 | €16,009 | €11,897 | €19,102 | ▲ 60.6% |
| Stocks30/36 | - | - | - | €14,534 | €16,009 | €11,897 | €19,102 | ▲ 60.6% |
| Amounts receivable within one year40/41 | €36,731 | €72,563 | €91,105 | €80,967 | €95,375 | €103,978 | €41,143 | ▼ 60.4% |
| Trade receivables40 | - | - | - | €76,865 | €91,003 | €99,082 | €38,699 | ▼ 60.9% |
| Other amounts receivable41 | - | - | - | €4,102 | €4,373 | €4,896 | €2,444 | ▼ 50.1% |
| Cash at bank and in hand54/58 | €28,011 | €4,400 | €10,548 | €17,130 | €20,541 | €13,140 | €2,698 | ▼ 79.5% |
| Deferred charges and accrued income490/1 | - | - | - | €6,163 | €7,034 | €7,994 | €6,001 | ▼ 24.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €172,877 | €154,690 | €139,872 | €143,156 | €159,916 | €155,190 | €82,151 | ▼ 47.1% |
| Equity10/15 | €105,403 | €87,011 | €65,688 | €70,017 | €69,646 | €67,416 | €2,035 | ▼ 97.0% |
| Contributions10/11 | €19,000 | €19,000 | - | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €7,305 | €7,305 | €7,305 | €7,305 | €7,305 | €7,305 | €7,305 | = |
| Non-distributable reserves130/1 | - | - | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Reserves not available under the articles1311 | - | - | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Tax-exempt reserves132 | - | - | - | €5,405 | €5,405 | €5,405 | €5,405 | = |
| Profit (loss) carried forward14 | €26,883 | €34,837 | €38,622 | €43,712 | €43,340 | €41,111 | -€24,270 | - |
| Investment grants15 | - | - | - | €0 | - | - | - | - |
| Amounts payable17/49 | €67,474 | €67,679 | €74,184 | €73,139 | €90,271 | €87,774 | €80,116 | ▼ 8.7% |
| Amounts payable within one year42/48 | €67,474 | €67,679 | €74,184 | €73,139 | €90,271 | €87,774 | €80,116 | ▼ 8.7% |
| Trade debts44 | €19,697 | €13,436 | €11,550 | €18,356 | €35,113 | €22,114 | €12,589 | ▼ 43.1% |
| Suppliers440/4 | - | - | - | €18,356 | €35,113 | €22,114 | €12,589 | ▼ 43.1% |
| Taxes, remuneration and social security45 | - | - | - | €53,773 | €54,147 | €64,650 | €66,344 | ▲ 2.6% |
| Taxes450/3 | - | - | - | €7,540 | €6,548 | €6,748 | €6,554 | ▼ 2.9% |
| Remuneration and social security454/9 | - | - | - | €46,233 | €47,599 | €57,901 | €59,790 | ▲ 3.3% |
| Other amounts payable47/48 | - | - | - | €1,010 | €1,010 | €1,010 | €1,182 | ▲ 17.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,230 | €7,954 | €3,784 | €5,090 | -€372 | -€2,229 | -€65,381 | ▼ 2,833% |
| + Depreciation and write-downs630 | €39,305 | €36,282 | €37,672 | €3,948 | €3,405 | €3,405 | €3,339 | ▼ 1.9% |
| Operating cash flow (approximation) | €66,535 | €44,237 | €41,457 | €9,038 | €3,033 | €1,175 | -€62,043 | - |
| Investment in fixed assets (approximation) | - | €2,325 | -€6,957 | -€9,948 | €0 | -€627 | €1,635 | - |
| Change in cash | - | -€23,611 | €6,148 | €6,582 | €3,411 | -€7,400 | -€10,443 | ▼ 41.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 23-07-2025 | 2025-00296740 |
| 31-12-2023 | micro format | 27-09-2024 | 2024-00478130 |
| 31-12-2022 | micro format | 19-06-2023 | 2023-00134095 |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20072650 |
| 31-12-2020 | micro format | 16-07-2021 | 2021-36400431 |
| 31-12-2019 | micro format | 09-07-2020 | 2020-28000555 |
| 31-12-2018 | micro format | 01-08-2019 | 2019-43100311 |
| 31-12-2017 | micro format | 26-07-2018 | 2018-40900200 |
| 31-12-2016 | micro format | 02-08-2017 | 2017-40200446 |
| 31-12-2015 | full format | 20-06-2016 | 2016-21900146 |
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Of the 1,161 active companies whose main activity is other research and development on natural sciences (NACE 72109), figures are known for 718. 82 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.