CIPANGO
0430.115.717 · rovalta.com · 09/11/2026
ACTIVE
CIPANGO
Financial year 2025 · Closed on 31/12/2025
Net result106 k €+146,3 %over 1 year
Gross margin251,5 k €+1 456,5 %over 1 year
Equity458,2 k €+17,1 %over 1 year
Overview
Identity
Source · BCE/KBOCIPANGO is a Public limited company incorporated in 1986. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Gembloux.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0430.115.717
- Incorporation
- 15/12/1986
- Legal form
- Public limited company
- Registered office
- Rue Try-à-la-Vigne, Sauv. 11
5030 Gembloux · WallonieSee on map - Contributed capital
- 61 500,00 €
- Latest accounts
- 31/12/2025
Activities (NACE)
Joint committees (1)
- 100
Signals
ProfitablePositive cashflowPositive EBITDA
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 251,5 k € | +1456% | 16,2 k € | -87.9% | 133,7 k € | +151% | 53,2 k € | -85.0% | 354,4 k € |
| EBITDA | 247,7 k € | +396% | -83,6 k € | -180% | 104,6 k € | +171% | 38,6 k € | -88.9% | 347,9 k € |
| Operating result | 128,4 k € | +173% | -175 k € | -690% | 29,7 k € | +170% | -42,4 k € | -118% | 232 k € |
| Net result | 106 k € | +146% | -229,1 k € | -3894% | 6 k € | +114% | -43,5 k € | -102% | 2,7 M € |
| Balance sheet | |||||||||
| Equity | 458,2 k € | +17.1% | 391,2 k € | -39.8% | 649,4 k € | -84.9% | 4,3 M € | -6.8% | 4,6 M € |
| Total assets | 2,4 M € | -3.8% | 2,5 M € | +7.0% | 2,3 M € | -55.1% | 5,1 M € | -2.0% | 5,2 M € |
| Cash | 10,4 k € | +36.3% | 7,6 k € | -99.1% | 886,4 k € | -48.1% | 1,7 M € | -51.8% | 3,5 M € |
| Debts | 1,8 M € | -6.1% | 2 M € | +25.7% | 1,6 M € | +111% | 743,8 k € | +40.1% | 531 k € |
| Other | |||||||||
| Workforce | – | – | – | – | – | ||||
Valuation
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Sophie Renard | Director | ||
Thierry Masquelin | Managing director |
Other companies at this address
Rue Try-à-la-Vigne, Sauv. 11 5030 Gembloux| Company | CBE no. |
|---|---|
QUERENCIA INVEST● Active | 1004.111.534 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro 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 | 30/05/2026 | 07/07/2025 | 20/06/2024 | 05/06/2023 | 21/08/2022 | 27/07/2021 |
| General meeting | 22/05/2026 | 23/06/2025 | 19/04/2024 | 19/05/2023 | 19/08/2022 | 21/05/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 22/05/2026 | 30/05/2026 | French | |
| Abridged model | 31/12/2024 | 23/06/2025 | 07/07/2025 | French | |
| Abridged model | 31/12/2023 | 19/04/2024 | 20/06/2024 | French | |
| Abridged model | 31/12/2022 | 19/05/2023 | 05/06/2023 | French | |
| Abridged model | 31/12/2021 | 19/08/2022 | 21/08/2022 | French | |
| Abridged model | 31/12/2020 | 21/05/2021 | 27/07/2021 | French | |
| Abridged model | 31/12/2019 | 15/05/2020 | 29/06/2020 | French | |
| Abridged model | 31/12/2018 | 17/05/2019 | 20/05/2019 | French | |
| Abridged model | 31/12/2017 | 18/05/2018 | 27/08/2018 | French | |
| Abridged model | 31/12/2016 | 19/05/2017 | 12/06/2017 | French | |
| Abridged model | 31/12/2015 | 20/05/2016 | 31/08/2016 | French | |
| Abridged model | 31/12/2014 | 15/05/2015 | 20/08/2015 | French | |
| Abridged model | 31/12/2013 | 16/05/2014 | 07/08/2014 | French | |
| Abridged model | 31/12/2012 | 17/05/2013 | 12/08/2013 | French | |
| Abridged model | 31/12/2011 | 18/05/2012 | 20/07/2012 | French | |
| Abridged model | 31/12/2010 | 20/05/2011 | 20/07/2011 | French | |
| Abridged model | 31/12/2009 | 21/05/2010 | 10/08/2010 | French | |
| Abridged model | 31/12/2008 | 15/05/2009 | 10/06/2009 | French | |
| Abridged model | 31/12/2007 | 16/05/2008 | 27/06/2008 | French | |
| Abridged model | 31/12/2006 | 18/05/2007 | 03/08/2007 | French |
Valuation
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.
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 31/12/20252 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Sophie Renard | Director | ||
Thierry Masquelin | Managing director |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Restructuring23/01/2024CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring23/11/2023RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates06/06/2023DEMISSIONS, NOMINATIONS
- Restructuring27/12/2017CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring22/08/2017CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates23/09/2016DEMISSIONS, NOMINATIONS
- Capital / shares12/01/2012CAPITAL, ACTIONS
- Mandates20/08/2010DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Sophie Renard
Thierry Masquelin
19861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CIPANGO
Rue Try-à-la-Vigne, Sauv. 11, 5030 Gembloux
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Rue Try-à-la-Vigne, Sauv. 11, 5030 GemblouxCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00138590 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| CIPANGOCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00138590 |
Events
- 2025Annual accounts 2025106 k €↑
- 2024Annual accounts 2024-229,1 k €↓
- 2023Annual accounts 20236 k €↑
- 2022Annual accounts 2022-43,5 k €↓
- 2021Annual accounts 20212,7 M €↑
- 2020Annual accounts 2020404,4 k €↑
- 2019Annual accounts 2019308,9 k €↑
- 2018Annual accounts 2018223,3 k €↓
- 2017Annual accounts 2017398,7 k €↑
- 2016Annual accounts 2016163,3 k €↑
- 2015Annual accounts 201571,2 k €↑
- 2014Annual accounts 201460,5 k €↑
- 2013Annual accounts 201343,3 k €↑
- 2012Annual accounts 201213,1 k €↑
- 2011Annual accounts 2011-13,7 k €↓
- 2010Annual accounts 20109,3 k €↓
- 2009Annual accounts 200912 k €↓
- 2008Annual accounts 200816,1 k €↑
- 2007Annual accounts 2007-62,6 k €↓
- 2006Annual accounts 200671,9 k €
- 15/12/1986IncorporationPublic limited company