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 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CYDEL from Maaseik, company number BE0771289659, closed financial year 2025 with a result of € -43,851 after tax. For that financial year CYDEL recorded a gross margin of € 2,693 and equity of € -45,408. Compared with financial year 2024, the result moved from € -22,304 to € -43,851. The company made a loss. 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 October 29, 2025.
€ -45,408
▼ € 43,851 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,851
▼ 97 % more loss than in 2024
Profit after tax over the fiscal year.
€ 8,896
▲ 131% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -53,408.
People and assets in 2025
€ 14,402
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 688,842
▲ € 664,810 vs 2024
€ 29,338 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 1,083
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,526
▼ 67% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 26,630 | € -7,948 | € 2,693 | ▲ € 10,640 |
| Profit after taxes | € 12,748 | € -22,304 | € -43,851 | ▼ € 21,547 |
| Equity | € 20,748 | € -1,557 | € -45,408 | ▼ € 43,851 |
| Total debts | € 51,562 | € 41,846 | € 736,235 | ▲ € 694,389 |
| Cash | € 23,584 | € 3,858 | € 8,896 | ▲ 131% |
| Land & buildings | - | - | € 655,155 | |
| Retained profit | € 12,748 | € -9,557 | € -53,408 | ▼ € 43,851 |
| Bank debt | € 33,726 | € 24,032 | € 688,842 | ▲ € 664,810 |
| Balance sheet total | € 72,309 | € 40,289 | € 690,827 | ▲ € 650,538 |
Key figures of CYDEL, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to CYDEL?
What happened at CYDEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 43,851. Source: NBB ↗
- New establishment in Maaseik. KBO
- Start of the company according to the CBE. KBO
- Yve Delvaux became a director. NBB
In short
From € 12,748 profit in 2023 to € 43,851 loss in 2025.
Paid € 3,430 in corporate taxes since 2023.
Best year ever: 2023, with € 12,748 profit.
Management
Behind CYDEL is Yve Delvaux. Yve Delvaux is also behind ARDEL and LBM Parket & Deuren.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Maastrichtersteenweg 28
3680 Maaseik
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
- 0771.289.659
- VAT number
- BE 0771.289.659
- Registered office
- Maastrichtersteenweg 28, 3680 Maaseik
- Names & denominations
- CYDEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 2021
- Peppol
- Active · Active since 2 Feb 2026
- Activities · NACE
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