ACTIVE

CYJELO

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Financial year 2025 · Closed on 31/12/2025

Net result26,2 k €+207,6 %over 1 year

Gross margin122,1 k €+3,4 %over 1 year

Equity361,3 k €+7,8 %over 1 year

Identity

Source · BCE/KBO

CYJELO is a Public limited company incorporated in 1978. Its registered office is in Lasne.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0418.097.615
Incorporation: 08/03/1978
Legal form: Public limited company
Registered office: Chaussée de Louvain 479
1380 Lasne · WallonieSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	122,1 k €	+3.4%	118,1 k €	+9.8%	107,6 k €	-18.9%	132,6 k €	+28.6%	103,1 k €
EBITDA	121,1 k €	+3.6%	116,9 k €	+12.1%	104,3 k €	+0.5%	103,8 k €	+27.4%	81,5 k €
Operating result	81,2 k €	+5.4%	77 k €	+19.6%	64,4 k €	+0.8%	63,9 k €	+53.6%	41,6 k €
Net result	26,2 k €	+208%	8,5 k €	+98.6%	4,3 k €	+674%	-746,6 €	+88.0%	-6,2 k €
Balance sheet
Equity	361,3 k €	+7.8%	335,1 k €	+2.6%	326,6 k €	+1.3%	322,4 k €	-0.2%	323,1 k €
Total assets	1,6 M €	-1.2%	1,6 M €	-4.1%	1,7 M €	+13.3%	1,5 M €	+2.4%	1,5 M €
Cash	168,5 k €	+14.7%	146,9 k €	-2.6%	150,8 k €	+99.8%	75,5 k €	+14.4%	66 k €
Debts	1,2 M €	-3.3%	1,2 M €	-6.1%	1,3 M €	+16.4%	1,1 M €	+3.6%	1,1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CAPNOR0743.787.684Represented by Louis De Clercq	Director15/12/2020 → 02/05/2026
HECKE PARTNERS0479.530.782Represented by Jean-Francois Van Hecke	Managing director15/12/2020 → 02/05/2026Director2020 accountsended
YVES DE CLERCQ0444.189.130Represented by Yves De Clercq	Director15/12/2020 → 02/05/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luc Vulsteke	Director01/07/2016 → 2019 accounts
Sequentia Invest0599.829.390Represented by Nickolas Vulsteke	Managing director01/07/2016 → 2019 accounts
BenS0887.339.469Represented by Johan Vanden Berghe	Managing director05/04/2012 → 2013 accounts

Other companies at this address

Chaussée de Louvain 479 1380 Lasne

Company	CBE no.
AYDC● Active	0749.440.113
Balemar● Active	1013.713.049
Baudouin RUQUOIS management● Active	0432.691.165
Biloba Invest● Active	0779.407.074
CAPNOR● Active	0743.787.684
Capnor Asset Management● Active	1015.442.322
Capnor Co-Investments I● Active	1000.830.360
Capnor Co-Investments II● Active	1000.830.657
Capnor Co-Investments III● Active	1006.155.858
Capnor Co-Investments IV● Active	1006.156.353
Capnor Co-Investments V● Active	1011.373.369
Capnor Co-Investments VI● Active	1011.373.468
Capnor Co-Investments VII● Active	1015.511.509
Capnor Co-Investments VIII● Active	1015.511.608
Capnor Holdings● Active	0805.335.570
CAPNOR I● Active	0749.859.686
CAPNOR II● Active	1000.830.756
CAPNOR II MidCo● Active	1017.773.884
CAPNOR I LP● Active	1006.155.561
CAPNOR I MidCo● Active	0751.925.687

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/06/2026	13/08/2025	28/06/2024	30/08/2023	03/03/2023	01/03/2022
General meeting	02/05/2026	03/05/2025	04/05/2024	06/05/2023	07/05/2022	26/10/2021
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 · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/05/2026	01/06/2026	French	PDF
Abridged model	31/12/2024	03/05/2025	13/08/2025	French	PDF
Abridged model	31/12/2023	04/05/2024	28/06/2024	French	PDF
Abridged model	31/12/2022	06/05/2023	30/08/2023	French	PDF
Abridged model	31/12/2021	07/05/2022	03/03/2023	French	PDF
Abridged model	31/12/2020	26/10/2021	01/03/2022	French	PDF
Micro model	31/12/2019	06/06/2020	02/07/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	11/06/2019	Dutch	PDF
Micro model	31/12/2017	02/06/2018	11/06/2018	Dutch	PDF
Micro model	31/12/2016	03/06/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	06/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	10/07/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	26/09/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	06/12/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	10/07/2012	Dutch	PDF
Abridged model	31/12/2010	07/05/2011	13/12/2011	Dutch	PDF
Abridged model	31/12/2009	08/05/2010	13/10/2010	Dutch	PDF
Abridged model	31/12/2008	02/05/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	03/05/2008	18/08/2008	Dutch	PDF
Abridged model	31/12/2006	05/05/2007	23/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CAPNOR0743.787.684Represented by Louis De Clercq	Director15/12/2020 → 02/05/2026
HECKE PARTNERS0479.530.782Represented by Jean-Francois Van Hecke	Managing director15/12/2020 → 02/05/2026Director2020 accountsended
YVES DE CLERCQ0444.189.130Represented by Yves De Clercq	Director15/12/2020 → 02/05/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luc Vulsteke	Director01/07/2016 → 2019 accounts
Sequentia Invest0599.829.390Represented by Nickolas Vulsteke	Managing director01/07/2016 → 2019 accounts
BenS0887.339.469Represented by Johan Vanden Berghe	Managing director05/04/2012 → 2013 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates07/05/2021
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/04/2021
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2017
Ontslag en benoeming bestuurders / gedelegeerd bestuurder
PDF
Other14/12/2015
Verplaatsen maatschappelijke zetet
PDF
Mandates08/05/2012
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2006
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

YVES DE CLERCQ

HECKE PARTNERS

CAPNOR

Sequentia Invest

Luc Vulsteke

Molitor NV

BenS

Claude Van Moerkerke

Carl Goddeeris

Marc Van Moerkerke

Jenny Goddeeris

IPROCO

Show the 2 other mandates

1978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

CYJELO

Chaussée de Louvain 479, 1380 Lasne

Director

Managing director

Director

Managing director

Director

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Chaussée de Louvain 479, 1380 LasneCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00130644

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CYJELOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00130644

Events

2025
Annual accounts 202526,2 k €↑
2024
Annual accounts 20248,5 k €↑
2023
Annual accounts 20234,3 k €↑
2022
Annual accounts 2022-746,6 €↑
2021
Annual accounts 2021-6,2 k €↓
2019
Annual accounts 201953,8 k €↓
2018
Annual accounts 201855,3 k €↑
2017
Annual accounts 201754,3 k €↑
2016
Annual accounts 201651,6 k €↑
2015
Annual accounts 2015-34,2 k €↓
2014
Annual accounts 2014-2,7 k €↑
2013
Annual accounts 2013-223,1 k €↓
2012
Annual accounts 2012220,1 k €↑
2011
Annual accounts 20113,1 k €↓
2010
Annual accounts 20108,8 k €↓
2009
Annual accounts 200911,1 k €↑
2008
Annual accounts 20083,9 k €↓
2007
Annual accounts 20079,1 k €↑
2006
Annual accounts 20068,1 k €
08/03/1978
IncorporationPublic limited company

CYJELO

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events