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CYPRESS

Active
Public limited companyfounded 1983active for 42 yearsHagedoornlaan 16, 2610 Antwerpen, BelgiumKBO/BCE: BE 0425.418.343
Summary

CYPRESS has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €378,006 and a net result of -€7,971. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 29% of 9,723 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190
1 site
Size
€1.7mtotal assets 2025
Equity
€378,006
Loss
-€7,971
Turnover not published (abbreviated format)
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Holdings
1
  • BUSCHMANN Micheline Marguerite AlfonsDirector
  • SPAENJAERS Olivier Mary FrançoisDirector
Accounts on time2 of 16 deeds read
Why 88raises riskLiquidity: current ratio 0.02, cash €5,948, halvedSector: Wholesale trade (NACE 46)lowers riskSize: total assets €1.7mFounded in 1983Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Average
Solvency 48+1
equity 22.7% of total assets
Liquidity 42-2
short-term debt 22.7% · cash 0.4%
Profitability 44+8
return on assets -0.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,862 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.1%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: 0.4%▲ +0.2 percentage points vs 01-2026highest value 03-2026: 0.2%▼ -0.2 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.02, compared with 0.11 in 2024, below 1; short-term debt: 22.7% and cash: 0.4% of total assets), and 77.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 34% on solvency, 40% on liquidity, 35% on profitability and 35% on growth.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1983
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.02, cash €5,948, halved
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€7,971
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
2 days early
2023
on the day
2022
on the day
2021
on the day
2020
25 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end22-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Resignations & appointments · MiscellaneousReappointment: SPAENJAERS, Pascal Ida Pierre…

Key points

  • Caution: Among the weakest 20% on net resultsector median €27,057 · 9,702 companies -€7,971 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€7,971 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€1.7m
Loss
-€7,971
Solvency
22.7%
Total assets▼ 4.7%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
  • BUSCHMANN Micheline Marguerite AlfonsDirector
  • SPAENJAERS Olivier Mary FrançoisDirector
Go to Board & ownership

Timeline

Events
46
Since
1985
Next accounts
by 31-01-2027
  1. 31-01-2024Annual accounts filed
  2. 05-01-2024Resignations & appointments
  3. 30-06-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
29-11-1983
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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