Cyva
ActiveSummary
Cyva has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,699 and a net result of €37,264. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 12788 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency84▼-8
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.26 against 2.82 in 2024; short-term debt: 39.3% and cash: 83.4% of total assets), and 41.3% of the assets are financed with debt.
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Signals
Four 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.7%
Return on assets
81.9%
Age of the figures
9 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 02-07-2026, 29 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
29 d early
2024
29 d early
2023
35 d early
2022
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€26,699▼ 19.9%
2024 · €33,328
Total assets
€45,495▼ 8.4%
2024 · €49,659
Net result
€37,264▲ 88.1%
2024 · €19,813
Working capital
€22,454▼ 19.7%
2024 · €27,956
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
Line2022202320242025
Operating result€21,226-€10,422▼ 50.9%€27,747▲ 166%€50,088▲ 80.5%
Net result€12,735-€5,808▼ 54.4%€19,813▲ 241%€37,264▲ 88.1%
Equity€15,735-€15,735=€33,328▲ 112%€26,699▼ 19.9%
Total assets€40,248-€41,475▲ 3.0%€49,659▲ 19.7%€45,495▼ 8.4%
Debt€24,513-€25,740▲ 5.0%€16,331▼ 36.6%€18,796▲ 15.1%
Working capital€2,337-€6,300▲ 170%€27,956▲ 344%€22,454▼ 19.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 81% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45,495
Fixed assets
€5,175 ▼ 17.9%
Current assets
€40,321 ▼ 7.0%
Equity and liabilities €45,495
Equity
€26,699 ▼ 19.9%
Debt
€18,796 ▲ 15.1%
Debt's share of the balance-sheet total rises from 32.9% to 41.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€54,092▲
2024 · €31,810
Cash flow
€41,269▲
2024 · €23,876
Current ratio
2.26▼
2024 · 2.82
Debt to equity
0.70▲
2024 · 0.49
ROE
139.6%▲
2024 · 59.4%
ROA
81.9%▲
2024 · 39.9%
Interest coverage
31.72▲
2024 · 30.74
Debt ≤ 1 year
€17,867▲
2024 · €15,402
Income taxes
€11,663▲
2024 · €7,168
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 26,964 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,063 | €4,063 | €4,063 | €4,005 | ▼ 1.4% |
| Other operating charges640/8 | €1,663 | €1,431 | €668 | €1,732 | ▲ 159% |
| Gross operating margin9900 | €30,952 | €15,915 | €32,478 | €55,825 | ▲ 71.9% |
| Operating profit (loss)9901 | €21,226 | €10,422 | €27,747 | €50,088 | ▲ 80.5% |
| Financial income75/76B | €3 | €0 | €268 | €544 | ▲ 103% |
| Recurring financial income75 | €3 | €0 | €268 | €544 | ▲ 103% |
| Financial charges65/66B | €1,858 | €951 | €1,035 | €1,705 | ▲ 64.8% |
| Recurring financial charges65 | €1,858 | €951 | €1,035 | €1,705 | ▲ 64.8% |
| Profit (loss) for the period before taxes9903 | €19,371 | €9,471 | €26,980 | €48,927 | ▲ 81.3% |
| Income taxes67/77 | €6,636 | €3,663 | €7,168 | €11,663 | ▲ 62.7% |
| Profit (loss) for the period9904 | €12,735 | €5,808 | €19,813 | €37,264 | ▲ 88.1% |
| Profit (loss) for the period to be appropriated9905 | €12,735 | €5,808 | €19,813 | €37,264 | ▲ 88.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €40,248 | €41,475 | €49,659 | €45,495 | ▼ 8.4% |
| Fixed assets21/28 | €14,327 | €10,364 | €6,301 | €5,175 | ▼ 17.9% |
| Intangible fixed assets21 | €13,572 | €9,850 | €6,128 | €2,407 | ▼ 60.7% |
| Tangible fixed assets22/27 | €755 | €414 | €73 | €2,668 | ▲ 3,561% |
| Furniture and vehicles24 | €755 | €414 | €73 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | €2,668 | - |
| Financial fixed assets28 | - | €100 | €100 | €100 | = |
| Current assets29/58 | €25,921 | €31,111 | €43,358 | €40,321 | ▼ 7.0% |
| Amounts receivable within one year40/41 | €10,400 | €444 | €9,845 | €2,055 | ▼ 79.1% |
| Trade receivables40 | €10,400 | €0 | €3,170 | €1,518 | ▼ 52.1% |
| Other amounts receivable41 | - | €444 | €6,675 | €537 | ▼ 91.9% |
| Cash at bank and in hand54/58 | €14,954 | €30,289 | €32,852 | €37,925 | ▲ 15.4% |
| Deferred charges and accrued income490/1 | €567 | €377 | €661 | €340 | ▼ 48.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €40,248 | €41,475 | €49,659 | €45,495 | ▼ 8.4% |
| Equity10/15 | €15,735 | €15,735 | €33,328 | €26,699 | ▼ 19.9% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €12,735 | €12,735 | €30,328 | €23,699 | ▼ 21.9% |
| Distributable reserves133 | €12,735 | €12,735 | €30,328 | €23,699 | ▼ 21.9% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €24,513 | €25,740 | €16,331 | €18,796 | ▲ 15.1% |
| Amounts payable within one year42/48 | €23,583 | €24,810 | €15,402 | €17,867 | ▲ 16.0% |
| Trade debts44 | €184 | €1,550 | €805 | €1,176 | ▲ 46.0% |
| Suppliers440/4 | €184 | €1,550 | €805 | €1,176 | ▲ 46.0% |
| Taxes, remuneration and social security45 | €10,417 | €17,453 | €12,376 | €16,391 | ▲ 32.4% |
| Taxes450/3 | €10,417 | €17,453 | €12,376 | €16,391 | ▲ 32.4% |
| Other amounts payable47/48 | €12,982 | €5,808 | €2,220 | €300 | ▼ 86.5% |
| Accrued charges and deferred income492/3 | €930 | €930 | €930 | €930 | = |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,735 | €5,808 | €19,813 | €37,264 | ▲ 88.1% |
| + Depreciation and write-downs630 | €8,063 | €4,063 | €4,063 | €4,005 | ▼ 1.4% |
| Operating cash flow (approximation) | €20,798 | €9,871 | €23,876 | €41,269 | ▲ 72.8% |
| Investment in fixed assets (approximation) | - | -€100 | €0 | -€2,878 | - |
| Change in cash | - | €15,335 | €2,563 | €5,073 | ▲ 97.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €37,264 ▲88.1%
Operating result €50,088, net result €37,264, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 2.82
Current ratio from 1.25 to 2.82; short-term debt falls from €24,810 to €15,402.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €5,808 ▼54.4%
Net result drops to €5,808, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Zemst · 1 establishment unit since 2021
Ground area
1,128 m²
Building footprint
180 m²
Volume, LiDAR
873 m³
Parcel 23096C0601/00Z000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cyva
since 20212.321.257.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23096C0601/00Z000 | Flanders | 1,128 m² | 1 · 179 m² | 6.6 m · 2 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.
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Of 22,076 companies in sector 69101 we hold annual accounts for 9,058. 6,539 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
Founded25-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0772848092
Also
9925:BE0772848092
Registered
02-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.