Cillen
ActiveCillen has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.88M and a net result of €655k. Equity is growing by ~33.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 397 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 5.71 against 5.66 in 2024; short-term debt: 14.2% and cash: 11.8% of total assets), and 14.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.5%
Return on assets
19.5%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
on the day
2023
28 d early
2022
2 d early
2021
45 d early
2020
33 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.88M▲ 26.5%
2024 · €2.27M
2018: €399k
2019: €504k
2020: €683k
2021: €929k
2022: €1.31M
2023: €1.71M
2024: €2.27M
2018 → 2025
Total assets
€3.36M▲ 20.6%
2024 · €2.79M
2018: €729k
2019: €903k
2020: €986k
2021: €1.48M
2022: €2.25M
2023: €2.54M
2024: €2.79M
2018 → 2025
Net result
€655k▲ 14.5%
2024 · €572k
2018: €124k
2019: €105k
2020: €178k
2021: €247k
2022: €431k
2023: €402k
2024: €572k
2018 → 2025
Working capital
€2.24M▲ 18.2%
2024 · €1.90M
2018: €282k
2019: €248k
2020: €531k
2021: €663k
2022: €817k
2023: €1.39M
2024: €1.90M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€929k-€1.31M▲ 40.6%€1.71M▲ 30.8%€2.27M▲ 33.2%€2.88M▲ 26.5%
Operating result€336k-€590k▲ 75.6%€587k▼ 0.5%€802k▲ 36.7%€997k▲ 24.3%
Net result€247k-€431k▲ 74.8%€402k▼ 6.8%€572k▲ 42.3%€655k▲ 14.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.36M
Fixed assets
€646k▲ 33.3%
Current assets
€2.72M▲ 18.0%
Equity and liabilities €3.36M
Equity
€2.88M▲ 26.5%
Debt
€487k▼ 5.3%
The debt ratio falls from 18.4% to 14.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.23M▲
2024 · €994k
Cash flow
€884k▲
2024 · €763k
Solvency
85.5%▲
2024 · 81.6%
Current ratio
5.71▲
2024 · 5.66
Quick ratio
5.71▲
2024 · 5.66
Debt / equity
0.17▼
2024 · 0.23
ROE
22.8%▼
2024 · 25.1%
ROA
19.5%▼
2024 · 20.5%
Interest coverage
265.40▲
2024 · 130.74
Debt
€487k▼
2024 · €514k
Debt ≤ 1 year
€476k▲
2024 · €407k
Debt > 1 year
€11k▼
2024 · €85k
Income taxes
€352k▲
2024 · €231k
Staff costs
€180k▲
2024 · €175k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.79M€3.36M▲
Fixed assets21/28€485k€646k▲
Tangible fixed assets22/27€485k€646k▲
Land and buildings22€3k€145k▲
Plant, machinery and equipment23€133k€90k▼
Furniture and vehicles24€349k€411k▲
Current assets29/58€2.30M€2.72M▲
Amounts receivable within one year40/41€578k€863k▲
Trade receivables40€402k€623k▲
Other amounts receivable41€176k€241k▲
Current investments50/53€1.50M€1.44M▼
Cash at bank and in hand54/58€213k€399k▲
Deferred charges and accrued income490/1€12k€20k▲
Equity and liabilities
Total equity and liabilities10/49€2.79M€3.36M▲
Equity10/15€2.27M€2.88M▲
Contributions10/11€12k€12k=
Reserves13€2.26M€2.87M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€96k€130k▲
Distributable reserves133€2.16M€2.73M▲
Amounts payable17/49€514k€487k▼
Amounts payable after more than one year17€85k€11k▼
Financial debts170/4€85k€11k▼
Amounts payable within one year42/48€407k€476k▲
Current portion of amounts payable after more than one year42€97k€74k▼
Trade debts44€185k€253k▲
Suppliers440/4€185k€253k▲
Taxes, remuneration and social security45€112k€105k▼
Taxes450/3€59k€77k▲
Remuneration and social security454/9€53k€27k▼
Other amounts payable47/48€14k€45k▲
Accrued charges and deferred income492/3€23k-
Income statement
Code20242025
Remuneration, social security and pensions62€175k€180k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€191k€229k▲
Other operating charges640/8€10k€15k▲
Gross operating margin9900€1.18M€1.42M▲
Operating profit (loss)9901€802k€997k▲
Financial income75/76B€8k€14k▲
Recurring financial income75€8k€14k▲
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€803k€1.01M▲
Income taxes67/77€231k€352k▲
Profit (loss) for the period9904€572k€655k▲
Transfer from tax-exempt reserves789€107k€93k▼
Transfer to tax-exempt reserves689-€126k
Profit (loss) for the period to be appropriated9905€679k€622k▼
Appropriation of the result
Profit (loss) to be appropriated9906€679k€622k▼
Transfer from equity791/2€5k-
Transfer to equity691/2€679k€622k▼
To other reserves6921€679k€622k▼
Profit to be distributed694/7€5k-
Return on contributions (dividend)694€5k-
Social balance
Average headcount (FTE)90872.72.5▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €655k ▲14.5%
Operating result €997k, net result €655k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €2MEq €2.27M ▲33.2%
7 profitable years in a row build equity to €2.27M.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Equity above €1MEq €1.31M ▲40.6%
5 profitable years in a row build equity to €1.31M.
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 33 days late
2020
30-09
Financial
Liquidity doublescurrent ratio 3.48
Current ratio from 1.66 to 3.48; short-term debt falls from €373k to €214k.
31-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
30-09
Financial
Weakest financial yearnet €105k ▼15.1%
Net result drops to €105k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €500kEq €504k ▲26.4%
2 profitable years in a row build equity to €504k.
24-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bree · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Industrieterrein Kanaal-Noord 16613960 BreeGround area
5,054 m²
Building footprint
689 m²
Volume, LiDAR
9 m³
Parcel 72403A1493/00A000, Flanders · tallest building 0.4 m. Linked by address, not a title deed.
1 establishment unit
Industrieterrein Kanaal-Noord 1661, 3960 Bree
since 20122.205.576.793
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72403A1493/00A000 | Flanders | 5,054 m² | 1 · 689 m² | 0.4 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 914 EUR awarded · 914 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 237 EUR | 237 EUR |
| 2024 | 1 | 139 EUR | 139 EUR |
| 2023 | 1 | 106 EUR | 106 EUR |
| 2022 | 1 | 432 EUR | 432 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,329 companies in sector 42110 we hold annual accounts for 1,097. 485 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2011
Fiscal year end30-09
Activities, NACEBEL
42110Construction of roads and motorways
43120Site preparation
42212Civil engineering
43110Demolition
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.