Cardionics-Cigass Systems
0406.714.070 · rovalta.com · 25/09/2026
OPENING OF BANKRUPTCY
Cardionics-Cigass Systems
Company — Opening of bankruptcy.
Financial year 2022 · Closed on 31/12/2022
Net result-189,3 k €-138,0 %over 1 year
Gross margin330 k €-9,7 %over 1 year
Equity37 k €-83,6 %over 1 year
Workforce6,0 ETP0,0 %over 1 year
Overview
Identity
Source · BCE/KBOCardionics-Cigass Systems is a Public limited company incorporated in 1969. Its registered office is in Molenbeek-Saint-Jean. It employs on average 6,0 ETP workers (FTE).
- Legal situation
- Opening of bankruptcy
- BCE/KBO no. / VAT
- BE 0406.714.070
- Incorporation
- 30/04/1969
- Legal form
- Public limited company
- Registered office
- Rue Gabrielle Petit 4 box 2
1080 Molenbeek-Saint-Jean · BruxellesSee on map - Contributed capital
- 297 472,23 €
- Latest accounts
- 31/12/2022
- Average workforce
- 6,0 ETP
Joint committees (2)
- 200
- 218
Signals
Healthy social debts
Financials
Source · NBB, 17 filingsTrend over 17 financial years
| 2022 | 2021 | 2020 | 2019 | 2018 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 330 k € | -9.7% | 365,3 k € | -13.7% | 423,2 k € | -38.8% | 692 k € | +26.3% | 548 k € |
| EBITDA | -23,3 k € | -122% | 106,8 k € | -16.6% | 128,1 k € | -55.8% | 289,6 k € | +81.8% | 159,2 k € |
| Operating result | -178 k € | -170% | -66 k € | +4.7% | -69,2 k € | -199% | 70 k € | +240% | -50 k € |
| Net result | -189,3 k € | -138% | -79,5 k € | +4.6% | -83,3 k € | -5505% | 1,5 k € | +102% | -66,7 k € |
| Balance sheet | |||||||||
| Equity | 37 k € | -83.6% | 226,3 k € | -26.0% | 305,8 k € | -21.4% | 389,1 k € | +0.4% | 387,5 k € |
| Total assets | 665,9 k € | -23.0% | 864,3 k € | -20.4% | 1,1 M € | -9.9% | 1,2 M € | -13.8% | 1,4 M € |
| Cash | 13,8 k € | +11.1% | 12,5 k € | -68.0% | 38,9 k € | +779% | 4,4 k € | +57.8% | 2,8 k € |
| Debts | 616,1 k € | +0.8% | 611,4 k € | -20.9% | 773,4 k € | -4.5% | 810,2 k € | -15.9% | 963 k € |
| Other | |||||||||
| Workforce | 6,0 ETP | 0.0% | 6,0 ETP | -10.4% | 6,7 ETP | +1.5% | 6,6 ETP | +6.5% | 6,2 ETP |
Board of directors
Source · NBB, accounts to 31/12/20222 active · 14 ended
Active mandates
Bernard Graux
ActiveActive
Ended mandates
Other companies at this address
Rue Gabrielle Petit 4 1080 Molenbeek-Saint-Jean| Company | CBE no. |
|---|---|
Causecélèbre● Active | 0673.601.355 |
ETABLISSEMENTS MONGONGO ET FILS● Bankrupt | 0544.756.948 |
FASO DANSE THEATRE● Active | 0561.706.808 |
KAIHO vzw● Active | 1002.869.439 |
| 0452.934.372 | |
Needcompany● Active | 0445.491.702 |
PEEPING TOM● Active | 0473.380.883 |
PLATINIUM CONSULT● Active | 0629.910.278 |
Undertow● Active | 1008.031.126 |
Financials
Full financial information
Source · NBB| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 | 01/01/2017 |
| Closing of the financial year | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 | 31/12/2017 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 20/08/2023 | 01/08/2022 | 16/08/2021 | 17/08/2020 | 26/08/2019 | 30/07/2018 |
| General meeting | 20/04/2023 | 21/04/2022 | 15/04/2021 | 16/04/2020 | 18/04/2019 | 19/04/2018 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 17 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2022 | 20/04/2023 | 20/08/2023 | French | |
| Abridged model | 31/12/2021 | 21/04/2022 | 01/08/2022 | French | |
| Abridged model | 31/12/2020 | 15/04/2021 | 16/08/2021 | French | |
| Abridged model | 31/12/2019 | 16/04/2020 | 17/08/2020 | French | |
| Abridged model | 31/12/2018 | 18/04/2019 | 26/08/2019 | French | |
| Abridged model | 31/12/2017 | 19/04/2018 | 30/07/2018 | French | |
| Abridged model | 31/12/2016 | 20/04/2017 | 21/08/2017 | French | |
| Abridged model | 31/12/2015 | 21/04/2016 | 22/08/2016 | French | |
| Abridged model | 31/12/2014 | 16/04/2015 | 03/06/2015 | French | |
| Abridged model | 31/12/2013 | 17/04/2014 | 25/06/2014 | French | |
| Abridged model | 31/12/2012 | 18/04/2013 | 14/08/2013 | French | |
| Abridged model | 31/12/2011 | 19/04/2012 | 03/08/2012 | French | |
| Abridged model | 31/12/2010 | 06/05/2011 | 01/06/2011 | French | |
| Abridged model | 31/12/2009 | 15/04/2010 | 20/05/2010 | French | |
| Abridged model | 31/12/2008 | 16/04/2009 | 13/05/2009 | French | |
| Abridged model | 31/12/2007 | 17/04/2008 | 15/07/2008 | French | |
| Abridged model | 31/12/2006 | 19/04/2007 | 01/06/2007 | French |
Valuation
Indicative valuation
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20222 active · 14 ended
Active mandates
Bernard Graux
ActiveActive
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official GazetteSimilar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2022Annual accounts 2022-189,3 k €↓
- 2021Annual accounts 2021-79,5 k €↑
- 2021Name changeCARDIONICS CIGASS SYSTEM
- 2020Annual accounts 2020-83,3 k €↓
- 2019Annual accounts 20191,5 k €↑
- 2018Annual accounts 2018-66,7 k €↓
- 2017Annual accounts 201787,1 k €↑
- 2016Annual accounts 201621,9 k €↑
- 2015Annual accounts 201510,7 k €↑
- 2014Annual accounts 20142 k €↑
- 2013Annual accounts 2013-7,5 k €↑
- 2012Annual accounts 2012-71,3 k €↓
- 2011Annual accounts 2011-44,4 k €↑
- 2010Annual accounts 2010-216,2 k €↓
- 2009Annual accounts 2009-97,8 k €↓
- 2008Annual accounts 2008953,3 €↓
- 2007Annual accounts 2007322,5 k €↑
- 2006Annual accounts 200617,6 k €
- 2006Name changeCardionics-Cigass Systems
- 30/04/1969IncorporationPublic limited company