CIPIACE ANTWERP
ActiveSummary
The computed 12-month bankruptcy probability of CIPIACE ANTWERP is 3.2% (moderate). The 2025 annual accounts show equity of €3k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 13305 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency48▲+48
Growth58=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
26 d late
2024
36 d early
2023
24 d early
2022
14 d late
2021
21 d late
2020
30 d late
2019
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k
2024 · €-6k
2018: €7k
2019: €-6k
2020: €5k
2021: €-12k
2022: €-17k
2023: €-12k
2024: €-6k
2018 → 2025
Total assets
€13k▼ 0.5%
2024 · €13k
2018: €92k
2019: €117k
2020: €89k
2021: €48k
2022: €40k
2023: €14k
2024: €13k
2018 → 2025
Net result
€9k▲ 49.6%
2024 · €6k
2018: €-12k
2019: €-20k
2020: €11k
2021: €-10k
2022: €-4k
2023: €4k
2024: €6k
2018 → 2025
Working capital
€3k
2024 · €-6k
2018: €-43k
2019: €-61k
2020: €-45k
2021: €-10k
2022: €-22k
2023: €-12k
2024: €-6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-12k-€-17k▼ 36.7%€-12k▲ 26.0%€-6k▲ 49.8%€3k
Operating result€-15k-€-3k▲ 79.3%€5k€7k▲ 35.0%€9k▲ 40.3%
Net result€-10k-€-4k▲ 56.7%€4k€6k▲ 42.0%€9k▲ 49.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 40% above 2024 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €13k
Equity
€3k
Debt
€10k
Debt finances 76.8% of the balance-sheet total.
Key figures and ratios
Current ratio
1.30▲
2024 · 0.68
Debt to equity
3.32▲
2024 · -3.10
ROE
306.4%
ROA
71.0%▲
2024 · 47.2%
Debt ≤ 1 year
€10k▼
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13k€13k▼
Current assets29/58€13k€13k▼
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40€2k€3k▲
Cash at bank and in hand54/58€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€13k€13k▼
Equity10/15€-6k€3k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-25k€-16k▲
Amounts payable17/49€19k€10k▼
Amounts payable within one year42/48€19k€10k▼
Taxes, remuneration and social security45€82€847▲
Taxes450/3€82€847▲
Other amounts payable47/48€19k€9k▼
Income statement
Code20242025
Other operating charges640/8-€291
Gross operating margin9900€7k€10k▲
Operating profit (loss)9901€7k€9k▲
Financial charges65/66B€500€131▼
Recurring financial charges65€500€131▼
Profit (loss) for the period before taxes9903€6k€9k▲
Profit (loss) for the period9904€6k€9k▲
Profit (loss) for the period to be appropriated9905€6k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-16k▲
Profit (loss) brought forward from the previous period14P€-31k€-25k▲
The notes to these accounts (1 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brussel · 1 establishment unit since 2017
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.
Molenbeeksestraat 169B1020 BrusselGround area
5,400 m²
Building footprint
2,406 m²
Volume, LiDAR
37,011 m³
2 parcels, Brussels, Flanders · tallest building 19.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CIPIACE
since 20172.275.691.066
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0137/00Z005 | Brussels | 4,885 m² | 1 · 2,229 m² | 19.8 m · 5 fl. |
| 11002A2275/00C000 | Flanders | 515 m² | 1 · 176 m² | 19.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Baseer King
BE 0802.790.707
Zaventem · Eq €3,000
BELGIAN-BBKUE
BE 0782.564.029
Namur · Eq €3,003
KVS
BE 0479.699.543
Vilvoorde · Eq €3,004
LIEVE HEER
BE 0476.294.645
Antwerpen · Eq €2,979
C.G. DISTRIBUTION
BE 0864.234.168
Libramont-Chevigny · Eq €2,977
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 3,701 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
56220Contract catering and other food service activities
56301Cafés and bars
56309Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.