Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
CYCO from Wortegem-Petegem, company number BE0436320252, closed financial year 2022 with a result of € 113,851 after tax. For that financial year CYCO recorded a gross margin of € 165,272 and equity of € 523,839. Compared with financial year 2021, the result moved from € 86,774 to € 113,851. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 12, 2023.
€ 523,839
▲ 28% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 113,851
▲ 31% vs 2021
Profit after tax over the fiscal year.
€ 10,007
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2022. Retained profit grew to € 505,239.
People and assets in 2022
€ 15,485
▲ 271% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 13,084
▼ 30% vs 2021
Loans from banks and other lenders, long and short.
€ 60,621
▲ 8% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 80,550
▲ 5% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 127,957 | € 165,272 | ▲ 29% |
| Profit after taxes | € 86,774 | € 113,851 | ▲ 31% |
| Equity | € 409,988 | € 523,839 | ▲ 28% |
| Total debts | € 256,572 | € 259,630 | ▲ 1% |
| Cash | € 10,007 | € 10,007 | |
| Retained profit | € 391,388 | € 505,239 | ▲ 29% |
| Bank debt | € 18,749 | € 13,084 | ▼ 30% |
| Balance sheet total | € 666,560 | € 783,469 | ▲ 18% |
Key figures of CYCO, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to CYCO?
What happened at CYCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
CYCO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: profit of € 113,851 (▲ 31% vs 2021). Source: NBB ↗
- New establishment in Wortegem-Petegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 86,774 profit in 2021 to € 113,851 profit in 2022.
Paid € 69,248 in corporate taxes since 2021.
Best year ever: 2022, with € 113,851 profit.
Management
Behind CYCO is Yves D'Heedene.
Directors
According to the 2022 annual accounts
Yves D'Heedene
Director
Establishments
Establishment units
Physical locations of this company
Nieuwstraat (W.) 1
9790 Wortegem-Petegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.320.252
- VAT number
- BE 0436.320.252
- Registered office
- Nieuwstraat (W.) 1, 9790 Wortegem-Petegem
- Names & denominations
- CYCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 25 January 1989
- Peppol
- Not registered
- Activities · NACE
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