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LE CYGNE BLANC

Active
Public limited companyfounded 1990active for 35 yearsRue de l'Hôtel de Ville 8, 4900 Spa, BelgiumKBO/BCE: BE 0442.860.428
Summary

LE CYGNE BLANC has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,779 and a net result of €14,396. Equity is growing by about 52% per year across the filed financial years. Its solvency ranks better than 54% of 1,891 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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LE CYGNE BLANCActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of food products
NACE 10520Limited-service restaurants, excluding mobile food services NACE 56112
1 site
Size
≈ €300,000turnover 2025, estimated
Staff
8.2 FTE
Equity
€30,779
Profit
€14,396
Turnover estimated from the gross margin
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2025 accounts 71 days early1 of 4 deeds summarised
Why 85raises riskSector: Manufacture of food products (NACE 10)Size: total assets €87,631lowers riskFounded in 1990Figures for financial year 2025 (filed 21-05-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 10, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 60=
equity 35.1% of total assets
Liquidity 44+12
short-term debt 38.7% · cash 9.9%
Profitability 89-11
return on assets 16.4%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,080 companies, NACE 10, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025highest value 05-2025: 0.3%▼ -0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.27, compared with 1.19 in 2024, below the usual 1.5; short-term debt: 38.7% and cash: 9.9% of total assets), and 64.9% 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 10, micro): better than 53% on solvency, 38% on liquidity, 82% on profitability and 91% on growth.

The bankruptcy probability was computed on 28-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €87,631
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 21-05-2026)
NBB · annual accounts
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
71 days early
2024
118 days early
2023
22 days early
2022
25 days late
2021
24 days late
2020
6 days late
2019
68 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (4 of the last 5 filed years within 50 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Active since 1990founded 28-12-1990 35 years View
  • Board3 directors in office 3 View
  • Total assets 20256 financial years filed €87,631 View

By topic

Financials

Financial year
2025
Total assets
€87,631
Profit
€14,396
Solvency
35.1%
Turnover▼ 0.2%
Net result
20182019
Go to Financials

Board & ownership

Board
3 members
  • BUENDIA AULET IsabelleDirector
  • Invest Minguet GestionDirector
  • VERTCOUR ChristopheDirector
Go to Board & ownership

Timeline

Events
37
Since
1993
Next accounts
by 31-07-2027
  1. 31-12-2023Back to profit
  2. 28-12-2023Reappointments: BUENDIA AULET Isabelle, VERTCOUR Christophe and…
  3. 25-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of food productsNACE 10520
Founded
28-12-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
43
Purpose
“L'exploitation d'un salon de dégustation la fabrication et la vente de crèmes glacées…” (deed in French)
Go to Articles of association

Key facts about LE CYGNE BLANC

What is the company number of LE CYGNE BLANC?
0442.860.428. In Belgium the VAT number is the company number with BE in front: BE 0442.860.428.
Where is LE CYGNE BLANC based?
The registered office is at Rue de l'Hôtel de Ville 8, 4900 Spa.Company details
What does LE CYGNE BLANC do?
According to the KBO register, the main activity is manufacture of food products (NACE 10520).
What is the legal form of LE CYGNE BLANC?
Public limited company (NV).
When was LE CYGNE BLANC founded?
On 28-12-1990.
Is LE CYGNE BLANC still active?
Yes, LE CYGNE BLANC is an active enterprise in the KBO register.
How many employees does LE CYGNE BLANC have?
On average 8.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LE CYGNE BLANC?
€226,878 in financial year 2019, according to the filed annual accounts.
Is LE CYGNE BLANC profitable?
In financial year 2025, LE CYGNE BLANC made a profit of €14,396.
Where can I find the annual accounts of LE CYGNE BLANC?
LE CYGNE BLANC filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LE CYGNE BLANC due?
By 31-07-2027, for financial year 2026.Timeline

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