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Il Cigno

Active
Private limited companyfounded 2023active for 2 yearsKoestraat 21, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 1003.997.510
Summary

Il Cigno has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,555 and a net result of -€80,445. Its solvency ranks better than 30% of 2,844 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
Il CignoActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Activity
Other amusement and recreation activities
NACE 93299Operation of sports facilities NACE 93110
3rd largest company by total assets in Merelbeke-Melle, Arts, sports and recreation sector1 site
Size
€1.5mtotal assets 2025
Staff
0.9 FTE
Equity
€69,555
Loss
-€80,445
Turnover not published (micro format)
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 1 day early1 deed in the Belgian Official Gazette
Why 86raises riskEquity €69,555 (4.5% of total assets)Loss of €80,445 (financial year 2025)lowers riskSize: total assets €1.5mSector: Sports, amusement and recreation activities (NACE 93)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 42% of its sector peers (NACE 93, micro)
Every signal that counts is listed under Signals.
Financial strength
Average
Solvency 30
equity 4.5% of total assets
Liquidity 57
short-term debt 21.1% · cash 11.2%
Profitability 50
return on assets -5.2%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,255 companies, NACE 93, micro)
Last 24 months 01-2025: 0.7% 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.0%▲ +0.1 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 0.9%▼ -0.1 percentage points vs 09-2025 11-2025: 1.0%▲ +0.1 percentage points vs 10-2025 12-2025: 1.1%▲ +0.1 percentage points vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025highest value 02-2026: 1.1%● unchanged vs 01-2026highest value 03-2026: 0.2%▼ -0.9 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.62, below 1; short-term debt: 21.1% and cash: 11.2% of total assets), and 95.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 93, micro): better than 29% on solvency, 62% on liquidity and 34% on profitability.

The bankruptcy probability was computed on 23-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
raises risk · Equity €69,555 (4.5% of total assets)
NBB · annual accounts
raises risk · Loss of €80,445 (financial year 2025)
NBB · annual accounts
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 day early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…

Key points

  • Caution: Among the weakest 5% on net resultsector median €3,721 · 2,839 companies -€80,445 View
  • Total assets 2025first financial year filed €1.5m View
  • Active since 2023founded 28-12-2023 2 years View

By topic

Financials

Financial year
2025
Total assets
€1.5m
Loss
-€80,445
Solvency
4.5%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Other amusement and recreation activitiesNACE 93299
Founded
28-12-2023
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Il Cigno

What is the company number of Il Cigno?
1003.997.510. In Belgium the VAT number is the company number with BE in front: BE 1003.997.510.
Where is Il Cigno based?
The registered office is at Koestraat 21, 9820 Merelbeke-Melle.Company details
What does Il Cigno do?
According to the KBO register, the main activity is other amusement and recreation activities (NACE 93299).
What is the legal form of Il Cigno?
Private limited company (BV).
When was Il Cigno founded?
On 28-12-2023.
Is Il Cigno still active?
Yes, Il Cigno is an active enterprise in the KBO register.
How many employees does Il Cigno have?
On average 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Il Cigno?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Il Cigno profitable?
In financial year 2025, Il Cigno made a loss of €80,445.
Where can I find the annual accounts of Il Cigno?
Il Cigno filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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