Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of CINCINNATUS is 0.8% (low). The 2025 annual accounts show equity of €3k and a net result of €163k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 22% of 93 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 6 annual accounts.
Signals
2 signals · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 18-05-2026 | 74 d early | 2026-00117218 |
| 31-12-2024 | 31-07-2025 | 06-06-2025 | 55 d early | 2025-00124462 |
| 31-12-2023 | 31-07-2024 | 03-04-2024 | 119 d early | 2024-00058475 |
| 31-12-2022 | 31-07-2023 | 20-04-2023 | 102 d early | 2023-00062854 |
| 31-12-2021 | 31-07-2022 | 05-05-2022 | 87 d early | 2022-20022281 |
| 31-12-2020 | 31-07-2021 | 05-03-2021 | 148 d early | 2021-07100459 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2025How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 3.6% | 48.3% | |
| Net result | €163k | €42k | |
| Equity | €3k | €93k | |
| Gross operating margin | €191k | €74k | |
| Total assets | €84k | €256k |
Show 9 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €191k |
| Net profit | €163k |
| Cash flow | €163k |
| Staff costs | - |
| Income taxes | €49k |
| Dividends | €163k |
| Total assets | €84k |
| Equity | €3k |
| Debt | €81k |
| of which ≤ 1y | €81k |
| of which > 1y | - |
| Working capital | €870 |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 1.01 |
| Quick ratio | 1.01 |
| Working capital ratio | 1.0% |
| Solvency | 3.6% |
| Debt / equity | 26.94 |
| Long-term debt ratio | - |
| Interest coverage | 3439.98 |
| Gross margin | - |
| Net margin | - |
| ROA | 194.2% |
| ROE | 5425.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €84k |
| Fixed assets | 21/28 | €2k |
| Tangible fixed assets | 22/27 | €630 |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €82k |
| Amounts receivable within one year | 40/41 | €65k |
| Cash & bank | 54/58 | €17k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €84k |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €81k |
| Amounts payable within one year | 42/48 | €81k |
| Trade debts payable within one year | 44 | €503 |
| Income statement | ||
| Gross operating margin | 9900 | €191k |
| Operating result | 9901 | €190k |
| Financial income | 75 | €22k |
| Financial charges | 65 | €55 |
| Result before taxes | 9903 | €212k |
| Income taxes | 67/77 | €49k |
| Net result for the period | 9904 | €163k |
| Result to be appropriated | 9905 | €163k |
Health barometer
FY 2025 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0125/00N010 | Brussels | 104 m² | 1 · 59 m² | 13.6 m · 4 fl. |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
1 act01-03-2024 Registered office moved to Bruxelles
- Avenue du Chant d'Oiseau 80/bte 3 à 1150 Bruxelles
Analysis
Financial profile
5 of 5 axes measuredStrong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | CINCINNATUS |