Turnover
≈ €140,000 estimated
The micro format states no turnover.
CYLE
Lifetime
1 annual account with figurespeak €70,932 (2025)
€70,932
peak €14,850 (2025)
€14,850
peak €237,945 (2025)
€237,945
€714,567
Board2 names since 2019
-
Documentsfilings and deeds
31-10-202692 days late
2025micro format
Registered office moved from Ghent to Aalst 24-09Change of role: VAN CANEGEM David, from manager to sole director 24-01First year with figures
Key points
from the 2025 annual accountsDebts
€714,567 75% of the balance sheet
Financial debts 68%Suppliers 2%Taxes and wages 2%Other 28%
Of this, €229,709 falls due within a year.
Position in the sector
€237,945
More equity than 85% of companies in computer programming and consultancy. Sector median €69,072 · 21,214 companies.
2025 accounts filed 92 days after the deadline
Checked score
50
Fair
Financially stronger than 23% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.0%▼ -0.1 percentage points vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 0.5%▼ -0.5 percentage points vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025lowest value
10-2025: 0.9%▲ +0.4 percentage points vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.8%▼ -0.1 percentage points vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 2.4%▲ +1.6 percentage points vs 09-2026
11-2026: 2.9%▲ +0.5 percentage points vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
2 changes of registered office in 24 months
Last filed accounts filed 92 days late; 1 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €952,512
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 25% of them on solvency, 19% on liquidity and 24% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 2,372 companies had the same profile as CYLE has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CYLE itself is higher: 2.9% within 12 months. It rests on far more data about CYLE than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 2,372 companies, not a prediction for CYLE. 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 €11,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline
Liquidity is insufficient, with a current ratio of 1.0, below 1. Short-term debt is 24.1% and cash 1.9% of total assets. 75% 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
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 21208 sector peers (2025).
NBB · sector comparisonPosition among 21208 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · 2025 accounts filed 92 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-10-2026, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2025
92 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
last known board- Van Canegem David general partnerdeed of 23-03-2023
Recent changes
Registered office moved from Aalst to Nieuwerkerken
New registered office: Bremtstraat 127, 9320 Nieuwerkerken · Previous registered office: Ninovesteenweg 103/B te 9320 Aalst · General meeting of 23-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0735382041
Registered office moved from Ghent to Aalst
New registered office: Ninovesteenweg 103B te 9320 Aalst · Previous registered office: Poortakkerstraat 35 C te 9051 Gent · General meeting of 28-07-2025 · Gazette deed
Change of role: VAN CANEGEM David, from manager to sole director
Appointment: Filip Cobert Bedrijfsrevisor (statutory auditor) · “Voor eigen rekening; Voor rekening van derden; Bij deelneming; Op gelijk welke andere wijze; Het aanleggen…” (deed in Dutch) · Legal-form conversion: from limited partnership to private limited company · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CYLE Aalst | €1.0m | €70,932 | 25.0% | - |
| BE SUCCESS Uccle | €0.9m | €70,915 | -4.0% | - |
| TNG Solutions Hechtel-Eksel | €1.0m | €82,393 | 30.3% | - |
| Micronos Kontich | €1.0m | €78,441 | 5.8% | 1 |
| Mainframe Monkey Ghent | €1.0m | €58,791 | 61.6% | 0 |
| Hermes Solutions Ronse | €1.2m | €63,516 | 28.6% | - |
| Menagerie Media Group Ghent | €0.9m | €95,234 | 61.9% | 2.3 |
These companies have the same main activity as CYLE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €884,000 and €1.2m, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 28-09-2019Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 4 others
- Establishment unit
- 2.293.950.0309320 Aalst, since 28-09-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Insights on CYLE
The computed 12-month bankruptcy probability of CYLE is 2.9% (moderate). The 2025 annual accounts show equity of €237,945 and a net result of €14,850.
Its solvency ranks better than 24% of 21,208 sector peers (NACE 62, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
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 CYLE
- What is the company number of CYLE?
- The company number of CYLE is 0735.382.041. The VAT number is the same number with BE in front: BE 0735.382.041.
- Where is CYLE based?
- The registered office is at Bremtstraat 127, 9320 Aalst.Company details
- What does CYLE do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of CYLE?
- CYLE is a private limited company (BV).
- When was CYLE founded?
- CYLE was founded on 28-09-2019.
- Is CYLE still active?
- Yes, CYLE is an active enterprise in the KBO register.
- What is the turnover of CYLE?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €70,932 and 60 comparable companies (NACE 62200). It probably lies between €120,000 and €180,000.Financials
- Is CYLE profitable?
- In financial year 2025, CYLE made a profit of €14,850.
- Where can I find the annual accounts of CYLE?
- CYLE filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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