Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CISEO from Seraing, company number BE0676685361, closed financial year 2025 with a result of € -4,881 after tax. For that financial year CISEO recorded revenue of € 234,990 and equity of € 617,068. Compared with financial year 2024, the result moved from € -53,436 to € -4,881. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 617,068
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,881
▲ 91 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,170
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -484,332.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 403
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 220,000
▼ 20% vs 2024
Loans from banks and other lenders, long and short.
€ 998
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,950,215 | € 2,479,644 | € 915,847 | € 234,990 | ▼ 74% |
| Gross margin | € 1,753,715 | € 986,001 | € -7,495 | € 8,624 | ▲ € 16,119 |
| Profit after taxes | € -71,605 | € 608,284 | € -53,436 | € -4,881 | ▲ € 48,555 |
| Equity | € 71,275 | € 675,385 | € 621,949 | € 617,068 | ▼ 1% |
| Total debts | € 3,080,377 | € 920,889 | € 552,224 | € 227,048 | ▼ 59% |
| Cash | € 53,676 | € 49,974 | € 67,171 | € 1,170 | ▼ 98% |
| Retained profit | € -1,034,300 | € -426,015 | € -479,451 | € -484,332 | ▼ € 4,881 |
| Bank debt | € 1,598,737 | € 495,000 | € 275,000 | € 220,000 | ▼ 20% |
| Balance sheet total | € 3,181,652 | € 1,611,274 | € 1,178,673 | € 844,116 | ▼ 28% |
| Employees (FTE) | 20.4 | 4.6 | 0 | 0 |
Key figures of CISEO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CISEO?
What happened at CISEO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NOSHAQ PARTNERS S.R.L. stepped down as director. NBB
- KREUIL SComm stepped down as director. NBB
- MARELEO SComm stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4,881. Source: NBB ↗
- NOSHAQ PARTNERS S.R.L. became a director. NBB
- KREUIL SComm became a director. NBB
- MARELEO SComm became a director. NBB
- New establishment in Seraing. KBO
In short
From € 71,605 loss in 2022 to € 4,881 loss in 2025.
Paid € 6,457 in corporate taxes since 2022.
Best year ever: 2023, with € 608,284 profit.
On average € 214,300 of value added per employee in 2023.
A new publication or filing at CISEO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Director · represented by FELLIN Benoît
Also active at: CAUTION MUTUELLE DES METIERS ET NEGOCES, Fonderies J. Marichal Ketin et Cie, DARDENNE, SOGECOM, VITAVERDE.BIO, HAEMERS Technologies, SPACEBEL, NOSHAQ VENTURE +169 more
since 2023 · until 2029
Managing director · represented by DEFAYS Fabien
Also active at: INDUSTRIAL ROBOTICS AUTOMATION, REVERSE METALLURGY, CILYX GROUP, CILYX
since 2023 · until 2029
Managing director · represented by REICHLING Grégory
Also active at: INDUSTRIAL ROBOTICS AUTOMATION, CILYX GROUP, BEBLUE CRYOTECH, CILYX
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Louis Plescia 7
4102 Seraing
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0676.685.361
- VAT number
- BE 0676.685.361
- Registered office
- Rue Louis Plescia 7, 4102 Seraing
- Names & denominations
- CISEO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van schakel- en verdeelinrichtingen
Installatie van industriële machines, toestellen en werktuigen
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts