ACTIVE

CYJELO

Financial year 2025 · closed on 31/12/2025
Net result
26,2 k €
+207.6% YoY
Gross margin
122,1 k €
+3.4% YoY
Equity
361,3 k €
+7.8% YoY

What does CYJELO do?

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
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin122,1 k €118,1 k €107,6 k €132,6 k €103,1 k €99,6 k €100,2 k €99,9 k €94 k €8 k €-1,2 k €-188,9 k €-33,8 k €25,6 k €26,6 k €30,6 k €27,6 k €30,5 k €29,1 k €
EBITDA121,1 k €116,9 k €104,3 k €103,8 k €81,5 k €96,4 k €97,1 k €95,9 k €93,3 k €7,3 k €-1,7 k €-223 k €-40,3 k €19,4 k €20,4 k €24,3 k €21,5 k €25,2 k €23,8 k €
Operating result81,2 k €77 k €64,4 k €63,9 k €41,6 k €50,4 k €51 k €49,8 k €47,3 k €-38,8 k €-2,5 k €-223 k €-40,3 k €4,3 k €10,8 k €14,7 k €11,9 k €15,5 k €14,2 k €
Net result26,2 k €8,5 k €4,3 k €-746,6 €-6,2 k €53,8 k €55,3 k €54,3 k €51,6 k €-34,2 k €-2,7 k €-223,1 k €220,1 k €3,1 k €8,8 k €11,1 k €3,9 k €9,1 k €8,1 k €
Balance sheet
Equity361,3 k €335,1 k €326,6 k €322,4 k €323,1 k €328,4 k €249,9 k €194,6 k €140,3 k €88,7 k €122,8 k €125,5 k €348,6 k €128,5 k €125,4 k €116,6 k €107,5 k €133,6 k €124,5 k €
Total assets1,6 M €1,6 M €1,7 M €1,5 M €1,5 M €1,5 M €1,5 M €1,6 M €1,6 M €1,7 M €544,6 k €525,3 k €553,5 k €174,5 k €130,7 k €135 k €146,8 k €161,8 k €166,1 k €
Cash168,5 k €146,9 k €150,8 k €75,5 k €66 k €26,6 k €4,3 k €16,6 k €26,2 k €31,4 k €347 €257,7 €2,2 k €6,5 k €5,9 k €1,8 k €3,9 k €9,6 k €4,3 k €
Debts1,2 M €1,2 M €1,3 M €1,1 M €1,1 M €1,1 M €1,2 M €1,3 M €1,4 M €1,5 M €307,5 k €285,4 k €90,5 k €45 k €4,5 k €10,8 k €37,5 k €26,2 k €38,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

CAPNOR

Director · since 15 décembre 2020 · until 02 mai 2026 · 0743.787.684

Represented by Louis De Clercq

Active
HECKE PARTNERS

Managing director · since 15 décembre 2020 · until 02 mai 2026 · 0479.530.782

Represented by Jean-Francois Van Hecke

Active
YVES DE CLERCQ

Director · since 15 décembre 2020 · until 02 mai 2026 · 0444.189.130

Represented by Yves De Clercq

Active

Ended mandates

Luc Vulsteke

Director · since 01 juillet 2016 · until 01 juillet 2022

Ended
Sequentia Invest

Managing director · since 01 juillet 2016 · until 01 juillet 2022 · 0599.829.390

Represented by Nickolas Vulsteke

Ended
BenS

Managing director · since 05 avril 2012 · until 05 avril 2018 · 0887.339.469

Represented by Johan Vanden Berghe

Ended
BenS

Managing director · since 05 avril 2012 · until 05 avril 2018 · 0887.339.469

Represented by Veronique Schautteet

Ended
At this address

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Biloba InvestActive
0779.407.074
CAPNORActive
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1000.830.360
1000.830.657
1006.155.858
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1011.373.369
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Capnor HoldingsActive
0805.335.570
CAPNOR IActive
0749.859.686
CAPNOR IIActive
1000.830.756
CAPNOR II MidCoActive
1017.773.884
CAPNOR I LPActive
1006.155.561
CAPNOR I MidCoActive
0751.925.687
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/06/202613/08/202528/06/202430/08/202303/03/202301/03/2022
General meeting02/05/202603/05/202504/05/202406/05/202307/05/202226/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/05/202601/06/2026FrenchPDF
Abridged model31/12/202403/05/202513/08/2025FrenchPDF
Abridged model31/12/202304/05/202428/06/2024FrenchPDF
Abridged model31/12/202206/05/202330/08/2023FrenchPDF
Abridged model31/12/202107/05/202203/03/2023FrenchPDF
Abridged model31/12/202026/10/202101/03/2022FrenchPDF
Micro model31/12/201906/06/202002/07/2020DutchPDF
Micro model31/12/201801/06/201911/06/2019DutchPDF
Micro model31/12/201702/06/201811/06/2018DutchPDF
Micro model31/12/201603/06/201726/06/2017DutchPDF
Abridged model31/12/201504/06/201606/06/2016DutchPDF
Abridged model31/12/201426/06/201510/07/2015DutchPDF
Abridged model31/12/201307/06/201426/09/2014DutchPDF
Abridged model31/12/201201/06/201306/12/2013DutchPDF
Abridged model31/12/201102/06/201210/07/2012DutchPDF
Abridged model31/12/201007/05/201113/12/2011DutchPDF
Abridged model31/12/200908/05/201013/10/2010DutchPDF
Abridged model31/12/200802/05/200928/08/2009DutchPDF
Abridged model31/12/200703/05/200818/08/2008DutchPDF
Abridged model31/12/200605/05/200723/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

CAPNOR

Director · since 15 décembre 2020 · until 02 mai 2026 · 0743.787.684

Represented by Louis De Clercq

Active
HECKE PARTNERS

Managing director · since 15 décembre 2020 · until 02 mai 2026 · 0479.530.782

Represented by Jean-Francois Van Hecke

Active
YVES DE CLERCQ

Director · since 15 décembre 2020 · until 02 mai 2026 · 0444.189.130

Represented by Yves De Clercq

Active

Ended mandates

Luc Vulsteke

Director · since 01 juillet 2016 · until 01 juillet 2022

Ended
Sequentia Invest

Managing director · since 01 juillet 2016 · until 01 juillet 2022 · 0599.829.390

Represented by Nickolas Vulsteke

Ended
BenS

Managing director · since 05 avril 2012 · until 05 avril 2018 · 0887.339.469

Represented by Johan Vanden Berghe

Ended
BenS

Managing director · since 05 avril 2012 · until 05 avril 2018 · 0887.339.469

Represented by Veronique Schautteet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/12/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/05/2012
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/11/2006
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202526,2 k €
  2. 2024
    Annual accounts 20248,5 k €
  3. 2023
    Annual accounts 20234,3 k €
  4. 2022
    Annual accounts 2022-746,6 €
  5. 2021
    Annual accounts 2021-6,2 k €
  6. 2019
    Annual accounts 201953,8 k €
  7. 2018
    Annual accounts 201855,3 k €
  8. 2017
    Annual accounts 201754,3 k €
  9. 2016
    Annual accounts 201651,6 k €
  10. 2015
    Annual accounts 2015-34,2 k €
  11. 2014
    Annual accounts 2014-2,7 k €
  12. 2013
    Annual accounts 2013-223,1 k €
  13. 2012
    Annual accounts 2012220,1 k €
  14. 2011
    Annual accounts 20113,1 k €
  15. 2010
    Annual accounts 20108,8 k €
  16. 2009
    Annual accounts 200911,1 k €
  17. 2008
    Annual accounts 20083,9 k €
  18. 2007
    Annual accounts 20079,1 k €
  19. 2006
    Annual accounts 20068,1 k €
  20. 08/03/1978
    IncorporationPublic limited company