Skip to content

CIDtrade

Active
Private limited companyfounded 2009active for 17 yearsLostraat 184, 9920 Lievegem, BelgiumKBO/BCE: BE 0819.139.264
Summary

The computed 12-month bankruptcy probability of CIDtrade is 1.7% (moderate). The 2025 annual accounts show negative equity (-€6,427) and a net result of -€2,027. Equity has been shrinking by about 48% per year since 2018. Its solvency ranks better than 13% of 255 sector peers (NACE 13, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 01-10-2009 Normal situation
Activity
Manufacture of textiles NACE 13990and 2 others
Establishment unit
2.182.145.454 9920 Lievegem, since 23-10-2009
Financial year end
31 December
Peppol
Reachable since 19-05-2026

Board and ownership

Board

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€986
Turnover
≈ €7,500
estimated
Loss
€2,027
▼ 29.1%
Equity
-€6,427
▼ 46.1%
Total assets
€14,437
▲ 234%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 82 days after the deadline
Score breakdownraises riskLast filed accounts filed 82 days late; 1 of the last 3 accounts lateLiquidity: current ratio 0.10Loss of €2,027, the second in a row (financial year 2025)lowers riskSize: total assets €14,437Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 7% of micro companies in textiles (NACE 13)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -44.5% of total assets
Liquidity 0=
short-term debt 144.5%
Profitability 1+1
return on assets -14.0%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.5%▼ -0.1 percentage points vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.6%▲ +0.1 percentage points vs 06-2025 08-2025: 1.9%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 1.1%▼ -0.8 percentage points vs 08-2025lowest value 10-2025: 1.1%● unchanged vs 09-2025lowest value 11-2025: 1.1%● unchanged vs 10-2025lowest value 12-2025: 1.1%● unchanged vs 11-2025lowest value 01-2026: 1.1%● unchanged vs 12-2025lowest value 02-2026: 1.1%● unchanged vs 01-2026lowest value 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.2%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%▼ -0.1 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.3%▲ +0.2 percentage points vs 06-2026 08-2026: 1.6%▲ +0.3 percentage points vs 07-2026 09-2026: 1.7%▲ +0.1 percentage points vs 08-2026 10-2026: 1.7%● unchanged vs 09-2026 11-2026: 1.7%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.1, below 1. Short-term debt is 144.5% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 13, micro). It does better than 5% of them on solvency, 1% on liquidity, 13% on profitability and 10% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €14,437
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 82 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.10
NBB · annual accounts
raises risk · Loss of €2,027, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€6,427
raises risk · 2025 accounts filed 82 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-10-2026, 82 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
82 days late
2024
23 days late
2023
30 days late
2022
31 days late
2021
61 days late
2020
52 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% 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 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€6,427 View
  • Risk: 5 loss-making years in a rowloss in financial year 2025 -€2,027 View
  • Caution: Lower solvency than 86% of companies in textilessector median 44.0% · 255 companies -44.5% View

Recent changes

  1. · Gazette deed Appointment: Cornelis Kurt (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as CIDtrade: manufacture of textiles (NACE 13990). They are comparable in size and age: total assets between €5,300 and €131,000, founded between 1991 and 2020.

CompanyTotal assetsGross margin
CIDtrade Lievegem€14,437€986
PHILIANE Hasselt€28,978-€6,577
SPORTDEC Grimbergen€31,008€1,340
JBVK MGMT Pittem€54,876-€1,534
NESRIEN IMPORT - EXPORT Antwerpen€5,303€1,986
BEMATRA Zelzate€102,803-€33,834
Puzzles Gent€131,172€30,102
Full comparison

Key facts about CIDtrade

What is the company number of CIDtrade?
The company number of CIDtrade is 0819.139.264. The VAT number is the same number with BE in front: BE 0819.139.264.
Where is CIDtrade based?
The registered office is at Lostraat 184, 9920 Lievegem.Company details
What does CIDtrade do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13990).
What is the legal form of CIDtrade?
The legal form of CIDtrade is Private limited company (BV).
When was CIDtrade founded?
CIDtrade was founded on 01-10-2009.
Is CIDtrade still active?
Yes, CIDtrade is an active enterprise in the KBO register.
What is the turnover of CIDtrade?
The turnover in financial year 2025 is ≈ €7,500. This figure is estimated from the gross margin of €986 and 6,319 comparable companies of the same size. It probably lies between €3,400 and €18,000. It is a rough estimate.Financials
Is CIDtrade profitable?
In financial year 2025, CIDtrade made a loss of €2,027.
Where can I find the annual accounts of CIDtrade?
CIDtrade filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CIDtrade due?
CIDtrade must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.