ACTIVE

C.I.A.G.E.

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

968,8 €

-72.3% YoY

Gross margin

99,3 k €

+8.7% YoY

Equity

109,7 k €

+0.9% YoY

What does C.I.A.G.E. do?

C.I.A.G.E. is a Private limited company incorporated in 1984. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Auderghem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0425.843.064

Incorporation

07/06/1984

Legal form

Private limited company

Registered office

Boulevard du Souverain 205
1160 Auderghem · BruxellesSee on map

Contributed capital

44 620,83 €

Latest accounts

31/12/2025

Activities (NACE)

69201Accounting, bookkeeping and auditing activities; tax consultancy· main 69202Accounting, bookkeeping and auditing activities; tax consultancy 74121Specialised design activities

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	99,3 k €	+8.7%	91,4 k €	-13.9%	106,1 k €	+2.9%	103,1 k €	+105%	50,3 k €	-15.7%	59,7 k €	+106%	28,9 k €	-58.4%	69,5 k €	+584%	10,2 k €	-84.0%	63,5 k €	-19.4%	78,8 k €	+91.0%	41,3 k €	+10.7%	37,3 k €	-29.9%	53,2 k €	+146%	21,6 k €	-34.2%	32,9 k €	-56.3%	75,2 k €	+108%	36,2 k €	+138%	15,2 k €	+107%	-208,7 k €
EBITDA	39,7 k €	+0.1%	39,6 k €	-28.4%	55,4 k €	+1.9%	54,3 k €	+41.7%	38,3 k €	+25.5%	30,5 k €	+13.3%	26,9 k €	-59.2%	66 k €	+829%	7,1 k €	-88.2%	60,1 k €	-17.9%	73,2 k €	+175%	26,7 k €	-11.2%	30 k €	+14.8%	26,2 k €	+544%	-5,9 k €	-226%	4,7 k €	-90.6%	49,6 k €	+634%	6,8 k €	+152%	-13,1 k €	+94.2%	-226,8 k €
Operating result	11,1 k €	-18.3%	13,6 k €	-31.8%	19,9 k €	-19.6%	24,8 k €	+126%	11 k €	-29.9%	15,7 k €	+624%	2,2 k €	-96.1%	55,6 k €	+3380%	-1,7 k €	-104%	47,6 k €	-20.9%	60,2 k €	+314%	14,5 k €	-11.5%	16,4 k €	+92.2%	8,5 k €	+137%	-23 k €	-150%	-9,2 k €	-131%	29,8 k €	+365%	-11,3 k €	+55.4%	-25,2 k €	+89.3%	-235,2 k €
Net result	968,8 €	-72.3%	3,5 k €	-18.5%	4,3 k €	-70.4%	14,5 k €	+156%	-26,1 k €	-331%	11,3 k €	+30.7%	8,6 k €	-71.4%	30,2 k €	+529%	-7 k €	-127%	25,8 k €	-24.0%	33,9 k €	+413%	6,6 k €	-2.2%	6,8 k €	+257%	1,9 k €	+108%	-23,3 k €	-61.2%	-14,4 k €	-174%	19,5 k €	+209%	-17,9 k €	+15.6%	-21,2 k €	-380%	7,6 k €
Balance sheet
Equity	109,7 k €	+0.9%	108,8 k €	+3.3%	105,3 k €	+4.2%	101 k €	+16.7%	86,5 k €	-23.2%	112,6 k €	+11.1%	101,3 k €	+9.3%	92,7 k €	+48.3%	62,5 k €	-10.1%	69,5 k €	+58.9%	43,7 k €	+345%	9,8 k €	+205%	3,2 k €	+191%	-3,5 k €	+34.8%	-5,4 k €	-130%	17,8 k €	-44.7%	32,2 k €	+153%	12,7 k €	-58.4%	30,7 k €	-40.9%	51,9 k €
Total assets	426,4 k €	-0.1%	426,7 k €	-8.1%	464,2 k €	+6.5%	435,9 k €	+1.4%	429,9 k €	-9.4%	474,3 k €	-3.0%	489,1 k €	+195%	165,6 k €	+58.3%	104,6 k €	-31.2%	152 k €	+22.5%	124,1 k €	+81.4%	68,4 k €	-9.8%	75,8 k €	-9.4%	83,7 k €	-24.3%	110,5 k €	-9.0%	121,5 k €	+5.0%	115,7 k €	-11.3%	130,5 k €	-15.5%	154,5 k €	+18.7%	130,1 k €
Cash	40 k €	-5.9%	42,5 k €	-1.5%	43,1 k €	+20.4%	35,8 k €	+44.2%	24,8 k €	+0.3%	24,8 k €	+54.7%	16 k €	+16.1%	13,8 k €	+8240%	165,3 €	-88.7%	1,5 k €	-86.6%	10,9 k €	+6521%	165,3 €	0.0%	165,3 €	0.0%	165,3 €	-66.1%	487,7 €	-96.2%	12,8 k €	+6781%	186,1 €	-92.3%	2,4 k €	-60.1%	6 k €	-81.5%	32,5 k €
Debts	316,6 k €	-0.4%	318 k €	-11.4%	358,9 k €	+7.2%	334,9 k €	-2.5%	343,4 k €	-5.1%	361,7 k €	-6.7%	387,8 k €	+432%	72,9 k €	+73.2%	42,1 k €	-48.9%	82,4 k €	+2.6%	80,3 k €	+41.7%	56,7 k €	-20.5%	71,2 k €	-17.4%	86,3 k €	-23.4%	112,7 k €	+9.1%	103,3 k €	+25.6%	82,2 k €	-30.2%	117,8 k €	-4.9%	123,8 k €	+62.0%	76,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	-25.0%	0,4 ETP	0.0%	0,4 ETP

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 · 1 active · 6 ended

Active mandates

Eric FLAHAUX

Director · since 28 décembre 2023

Active

Ended mandates

ERIC FLAHAUX

Administrator - manager · since 28 décembre 2023

Ended

Christian COEYMANS

Director · since 07 juin 1984

Ended

Christian COEYMANS

Administrator - manager · since 07 juin 1984

Ended

Christian COEYMANS

Manager · since 07 juin 1984

Ended

At this address

Other companies at this address

Company	CBE no.
2 FEEL● Active	0872.521.730
BABUJS● Bankrupt	0803.990.438
Brussels Spine Center● Active	0543.611.556
Bureau d'Etudes Pluricité & associés● Active	1007.312.435
C.E.E.R.E.M.● Active	0466.698.078
CERRO TORRE● Active	0472.330.909
ELDE● Active	0426.499.201
MELZALIE● Active	0645.734.443
M&M PLUMBING● Active	0844.918.203
ODEURS MÛHLEBACH & CIE● Liquidation	0432.883.680
Sharing Care● Active	0805.487.604
VAN DER MERSCH TEXTILES● Active	0434.943.842

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	31/08/2026	28/08/2025	31/08/2024	05/06/2023	29/06/2022	07/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/06/2026	31/08/2026	French	PDF
Micro model	31/12/2024	06/06/2025	28/08/2025	French	PDF
Micro model	31/12/2023	07/06/2024	31/08/2024	French	PDF
Micro model	31/12/2022	02/06/2023	05/06/2023	French	PDF
Micro model	31/12/2021	03/06/2022	29/06/2022	French	PDF
Micro model	31/12/2020	04/06/2021	07/06/2021	French	PDF
Micro model	31/12/2019	05/06/2020	11/06/2020	French	PDF
Micro model	31/12/2018	07/06/2019	19/06/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	05/06/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	06/06/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	02/07/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	01/07/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	19/07/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	02/07/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	05/06/2012	French	PDF
Abridged model	31/12/2010	03/06/2011	22/06/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	08/06/2010	French	PDF
Abridged model	31/12/2008	05/06/2009	10/06/2009	French	PDF
Abridged model	31/12/2007	06/06/2008	10/06/2008	French	PDF
Abridged model	31/12/2006	01/06/2007	13/06/2007	French	PDF

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 · 1 active · 6 ended

Active mandates

Eric FLAHAUX

Director · since 28 décembre 2023

Active

Ended mandates

ERIC FLAHAUX

Administrator - manager · since 28 décembre 2023

Ended

Christian COEYMANS

Director · since 07 juin 1984

Ended

Christian COEYMANS

Administrator - manager · since 07 juin 1984

Ended

Christian COEYMANS

Manager · since 07 juin 1984

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other27/08/2025
ASSEMBLEE GENERALE, MODIFICATION FORME JURIDIQUE,
PDF
Mandates10/01/2024
DEMISSIONS, NOMINATIONS
PDF
Registered office07/06/2019
SIEGE SOCIAL
PDF
Mandates13/04/2017
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office16/06/2006
SIEGE SOCIAL
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

2025
Annual accounts 2025968,8 €↓
2024
Annual accounts 20243,5 k €↓
2023
Annual accounts 20234,3 k €↓
2022
Annual accounts 202214,5 k €↑
2021
Annual accounts 2021-26,1 k €↓
2020
Annual accounts 202011,3 k €↑
2019
Annual accounts 20198,6 k €↓
2018
Annual accounts 201830,2 k €↑
2017
Annual accounts 2017-7 k €↓
2016
Annual accounts 201625,8 k €↓
2015
Annual accounts 201533,9 k €↑
2014
Annual accounts 20146,6 k €↓
2013
Annual accounts 20136,8 k €↑
2012
Annual accounts 20121,9 k €↑
2011
Annual accounts 2011-23,3 k €↓
2010
Annual accounts 2010-14,4 k €↓
2009
Annual accounts 200919,5 k €↑
2008
Annual accounts 2008-17,9 k €↑
2007
Annual accounts 2007-21,2 k €↓
2006
Annual accounts 20067,6 k €
07/06/1984
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

C.I.A.G.E.

Overview

What does C.I.A.G.E. do?

Trend over 20 financial years

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