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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
Cyriel from Alveringem, company number BE0757468644, closed financial year 2025 with a result of € 26,425 after tax. For that financial year Cyriel recorded a gross margin of € 92,509 and equity of € -8,561. Compared with financial year 2024, the result moved from € -50 to € 26,425. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ -8,561
▲ € 26,425 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,425
▲ still € 50 loss in 2024
Profit after tax over the fiscal year.
€ 1,081
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -10,561.
People and assets in 2025
€ 50,635
▲ 16% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 536
▼ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 21,372
▼ 8% vs 2024
Loans from banks and other lenders, long and short.
€ 5,490
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,459
▼ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,063 | € 23,944 | € 67,504 | € 92,509 | ▲ 37% |
| Profit after taxes | € -32,973 | € -9,225 | € -50 | € 26,425 | ▲ € 26,476 |
| Equity | € -25,710 | € -34,936 | € -34,986 | € -8,561 | ▲ € 26,425 |
| Total debts | € 81,600 | € 79,916 | € 69,942 | € 45,472 | ▼ 35% |
| Cash | € 656 | € 1,218 | € 1,814 | € 1,081 | ▼ 40% |
| Retained profit | € -27,710 | € -36,936 | € -36,986 | € -10,561 | ▲ € 26,425 |
| Bank debt | € 27,347 | € 25,110 | € 23,177 | € 21,372 | ▼ 8% |
| Balance sheet total | € 55,889 | € 44,980 | € 34,956 | € 36,911 | ▲ 6% |
Key figures of Cyriel, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Cyriel?
What happened at Cyriel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,425. Source: NBB ↗
- New establishment in Koksijde. KBO
- New establishment in Alveringem. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,973 loss in 2022 to € 26,425 profit in 2025.
Paid € 3,875 in corporate taxes since 2022.
Best year ever: 2025, with € 26,425 profit.
Management
Behind Cyriel are Sea-Jay Eduwaere and Kenny Verstraete.
Directors
According to the 2025 annual accounts
Sea-Jay Eduwaere
Director
Kenny Verstraete
Director
Establishments
Establishment units
Physical locations of this company
Bellestraat 1
8691 Alveringem
Zeelaan(Kok) 164 box bus 01
8670 Koksijde
Active since 1 March 2023
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
- 0757.468.644
- VAT number
- BE 0757.468.644
- Registered office
- Bellestraat 1, 8691 Alveringem
- Names & denominations
- Cyriel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 2020
- Peppol
- Active · Active since 13 Oct 2025
- Activities · NACE
Kappers- en barbiersactiviteiten
Vervaardiging van metalen constructiewerken en delen daarvan
Haarverzorging