Improvement
InactiveInactive since 14-05-2026; last annual accounts for fiscal year 2025. Dissolved without liquidation on 28-04-2026.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 13-04-2026, 109 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
109 d early
2024
103 d early
2023
123 d early
2022
107 d early
2021
178 d early
2020
107 d early
2019
123 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 28.0%
2024 · €14k
2018: €7k
2019: €7k▼ -7.1% vs 2018
2020: €5k▼ -24.0% vs 2019lowest in 8 years
2021: €5k▲ +8.8% vs 2020
2022: €6k▲ +18.6% vs 2021
2023: €8k▲ +29.6% vs 2022
2024: €14k▲ +66.2% vs 2023highest in 8 years
2025: €10k▼ -28.0% vs 2024
2018 → 2025
Total assets
€11k▼ 34.8%
2024 · €16k
2018: €23khighest in 8 years
2019: €20k▼ -12.9% vs 2018
2020: €6k▼ -70.1% vs 2019
2021: €6k▼ -5.8% vs 2020lowest in 8 years
2022: €7k▲ +21.5% vs 2021
2023: €22k▲ +213% vs 2022
2024: €16k▼ -24.5% vs 2023
2025: €11k▼ -34.8% vs 2024
2018 → 2025
Net result
€-4k
2024 · €6k
2018: €83
2019: €-504▼ -709% vs 2018
2020: €-2k▼ -214% vs 2019
2021: €439▲ +128% vs 2020
2022: €1k▲ +131% vs 2021
2023: €2k▲ +88.3% vs 2022
2024: €6k▲ +190% vs 2023highest in 8 years
2025: €-4k▼ -170% vs 2024lowest in 8 years
2018 → 2025
Working capital
€10k▼ 28.0%
2024 · €14k
2018: €7k
2019: €7k▼ -7.1% vs 2018
2020: €5k▼ -23.7% vs 2019lowest in 8 years
2021: €5k▲ +8.3% vs 2020
2022: €6k▲ +18.6% vs 2021
2023: €6k▼ -0.6% vs 2022
2024: €14k▲ +117% vs 2023highest in 8 years
2025: €10k▼ -28.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€6k▲ 18.6%€8k▲ 29.6%€14k▲ 66.2%€10k▼ 28.0%
2021: €5klowest in 5 years
2022: €6k▲ +18.6% vs 2021
2023: €8k▲ +29.6% vs 2022
2024: €14k▲ +66.2% vs 2023highest in 5 years
2025: €10k▼ -28.0% vs 2024
Operating result€549-€1k▲ 140%€3k▲ 119%€8k▲ 164%€-4k
2021: €549
2022: €1k▲ +140% vs 2021
2023: €3k▲ +119% vs 2022
2024: €8k▲ +164% vs 2023highest in 5 years
2025: €-4k▼ -150% vs 2024lowest in 5 years
Net result€439-€1k▲ 131%€2k▲ 88.3%€6k▲ 190%€-4k
2021: €439
2022: €1k▲ +131% vs 2021
2023: €2k▲ +88.3% vs 2022
2024: €6k▲ +190% vs 2023highest in 5 years
2025: €-4k▼ -170% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €11k
Equity
€10k ▼ 28.0%
Debt
€702 ▼ 72.3%
Debt's share of the balance-sheet total falls from 15.4% to 6.6%. Equity and debt are lower.
Key figures and ratios
Current ratio
15.25▲
2024 · 6.49
Debt to equity
0.07▼
2024 · 0.18
ROE
-38.9%▼
2024 · 39.8%
ROA
-36.3%▼
2024 · 33.7%
Debt ≤ 1 year
€702▼
2024 · €3k
Income taxes
€57▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€16k€11k▼
Fixed assets21/28€0-
Financial fixed assets28€0-
Current assets29/58€16k€11k▼
Amounts receivable within one year40/41€5k-
Trade receivables40€5k-
Other amounts receivable41€62-
Cash at bank and in hand54/58€12k€11k▼
Equity and liabilities
Total equity and liabilities10/49€16k€11k▼
Equity10/15€14k€10k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€200€200=
Non-distributable reserves130/1€200€200=
Legal reserve130€200€200=
Profit (loss) carried forward14€8k€4k▼
Amounts payable17/49€3k€702▼
Amounts payable within one year42/48€3k€702▼
Trade debts44€3k€57▼
Suppliers440/4€3k€57▼
Taxes, remuneration and social security45€22€645▲
Taxes450/3€22€645▲
Income statement
Code20242025
Other operating charges640/8€528€544▲
Gross operating margin9900€8k€-3k▼
Operating profit (loss)9901€8k€-4k▼
Financial income75/76B-€15
Recurring financial income75-€15
Non-recurring financial income76B-€15
Financial charges65/66B€67€71▲
Recurring financial charges65€67€71▲
Profit (loss) for the period before taxes9903€8k€-4k▼
Income taxes67/77€2k€57▼
Profit (loss) for the period9904€6k€-4k▼
Profit (loss) for the period to be appropriated9905€6k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€4k▼
Profit (loss) brought forward from the previous period14P€2k€8k▲
Transfer from equity791/2€0-
Transfer to equity691/2€0-
To the legal reserve6920€0-
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €469 | €516 | €528 | €544 | ▲ 3.0% |
| Gross operating margin9900 | €1k | €2k | €3k | €8k | €-3k | ▼ 140% |
| Operating profit (loss)9901 | €549 | €1k | €3k | €8k | €-4k | ▼ 150% |
| Financial income75/76B | - | - | - | - | €15 | - |
| Recurring financial income75 | - | - | - | - | €15 | - |
| Non-recurring financial income76B | - | - | - | - | €15 | - |
| Financial charges65/66B | - | €44 | €67 | €67 | €71 | ▲ 5.9% |
| Recurring financial charges65 | - | €44 | €67 | €67 | €71 | ▲ 5.9% |
| Profit (loss) for the period before taxes9903 | €439 | €1k | €3k | €8k | €-4k | ▼ 151% |
| Income taxes67/77 | - | €257 | €902 | €2k | €57 | ▼ 97.1% |
| Profit (loss) for the period9904 | €439 | €1k | €2k | €6k | €-4k | ▼ 170% |
| Profit (loss) for the period to be appropriated9905 | €439 | €1k | €2k | €6k | €-4k | ▼ 170% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6k | €7k | €22k | €16k | €11k | ▼ 34.8% |
| Fixed assets21/28 | - | - | €2k | €0 | - | - |
| Financial fixed assets28 | - | - | €2k | €0 | - | - |
| Current assets29/58 | €6k | €7k | €20k | €16k | €11k | ▼ 34.8% |
| Amounts receivable within one year40/41 | €3k | €4k | €16k | €5k | - | - |
| Trade receivables40 | - | €2k | €14k | €5k | - | - |
| Other amounts receivable41 | - | €2k | €2k | €62 | - | - |
| Cash at bank and in hand54/58 | €3k | €2k | €4k | €12k | €11k | ▼ 9.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6k | €7k | €22k | €16k | €11k | ▼ 34.8% |
| Equity10/15 | €5k | €6k | €8k | €14k | €10k | ▼ 28.0% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Capital10 | - | - | €6k | €6k | €6k | = |
| Issued capital100 | - | - | €6k | €19k | €19k | = |
| Uncalled capital101 | - | - | - | €12k | €12k | = |
| Reserves13 | €200 | €200 | €200 | €200 | €200 | = |
| Non-distributable reserves130/1 | - | €200 | €200 | €200 | €200 | = |
| Legal reserve130 | - | - | €200 | €200 | €200 | = |
| Reserves not available under the articles1311 | - | €200 | - | - | - | - |
| Profit (loss) carried forward14 | €-956 | €58 | €2k | €8k | €4k | ▼ 51.9% |
| Amounts payable17/49 | €268 | €483 | €13k | €3k | €702 | ▼ 72.3% |
| Amounts payable within one year42/48 | €268 | €483 | €13k | €3k | €702 | ▼ 72.3% |
| Trade debts44 | €268 | €226 | €13k | €3k | €57 | ▼ 97.7% |
| Suppliers440/4 | - | €226 | €13k | €3k | €57 | ▼ 97.7% |
| Taxes, remuneration and social security45 | - | €257 | €741 | €22 | €645 | ▲ 2,850% |
| Taxes450/3 | - | €257 | €741 | €22 | €645 | ▲ 2,850% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €439 | €1k | €2k | €6k | €-4k | ▼ 170% |
| Operating cash flow (approximation) | €439 | €1k | €2k | €6k | €-4k | ▼ 170% |
| Investment in fixed assets (approximation) | - | - | - | €2k | - | - |
| Change in cash | - | €-298 | €2k | €8k | €-1k | ▼ 114% |
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
22-05
State Gazette act
Restructuring · End & cessationResignation: CYMBELINE (director) · Permanent representative: Dirk De Corte · Merger7 facts ▸
State Gazette act
Restructuring · End & cessation
Resignation: CYMBELINE (director) · Permanent representative: Dirk De Corte · Merger7 facts ▸
- General meeting, 28-04-2026
- Merger, geruisloze fusie, onder opschorrende voorwaarde dat de vergadering tot eenzelfde besluit komt
- Dissolution, 28-04-2026
- Accounting effect, 01-01-2026
- Director resignation, CYMBELINE (director)
- Permanent representative, Dirk De Corte
- Net-asset statement, EUR
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
19-03
State Gazette act
RestructuringPermanent representative: Dirk De Corte · Merger · Accounting effect5 facts ▸
State Gazette act
Restructuring
Permanent representative: Dirk De Corte · Merger · Accounting effect5 facts ▸
- Merger, CYMBELINE
- Accounting effect, 01/01/2026
- Net-asset statement, 31/12/2025
- Net-asset statement, 31/12/2025
- Permanent representative, Dirk De Corte
2025
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 15.25
Current ratio from 6.49 to 15.25; short-term debt falls from €3k to €702.
19-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €6k ▲190%
Operating result €8k, net result €6k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 6.49
Current ratio from 1.48 to 6.49; short-term debt falls from €13k to €3k.
30-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €439
Net result €439 after 2 loss-making years.
Show earlier events
31-12
Financial
Liquidity quadruplescurrent ratio 21.31
Current ratio from 5.84 to 21.31; short-term debt falls from €1k to €268.
15-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 5.84
Current ratio from 1.48 to 5.84; short-term debt falls from €14k to €1k.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-04-2026
Resigned as Director
Not every act has been read: a resignation may be missing here
6 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent
Ground area
130 m²
Building footprint
130 m²
Volume, LiDAR
875 m³
Parcel 44038A0858/00N004, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0858/00N004 | Flanders | 130 m² | 1 · 130 m² | 10.5 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.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:CYMBELINE
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Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded15-03-2006
Fiscal year end31-12
Abbreviation NL
MenT SBC
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.