ACTIVE

CYGLA

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Financial year 2025 · Closed on 31/12/2025

Net result359 k €-12,6 %over 1 year

Revenue5 M €+11,7 %over 1 year

Equity2 M €+11,7 %over 1 year

Workforce48,7 ETP+11,4 %over 1 year

Identity

Source · BCE/KBO

CYGLA is a Public limited company incorporated in 1990. Its main activity is: Manufacture of flat glass. Its registered office is in Heusden-Zolder. It employs on average 48,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0441.845.688
Incorporation: 08/11/1990
Legal form: Public limited company
Registered office: Mijnwerkerslaan 35
3550 Heusden-Zolder · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 48,7 ETP

Activities (NACE)

23110Manufacture of flat glass· main 23110Manufacture of flat glass 26110Manufacture of electronic components

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	5 M €	+11.7%	4,4 M €	+9.6%	4 M €	+24.5%	3,3 M €	-10.1%	3,6 M €
EBITDA	480,9 k €	-13.5%	556,1 k €	+16.7%	476,7 k €	+26.8%	376,1 k €	-46.5%	702,4 k €
Operating result	444,7 k €	-14.6%	520,5 k €	+20.6%	431,5 k €	+31.9%	327,1 k €	-47.5%	623,1 k €
Net result	359 k €	-12.6%	410,9 k €	+23.0%	334 k €	+36.1%	245,4 k €	-51.1%	501,7 k €
Balance sheet
Equity	2 M €	+11.7%	1,8 M €	+17.1%	1,5 M €	+18.1%	1,3 M €	+17.9%	1,1 M €
Total assets	3,3 M €	+20.8%	2,7 M €	+11.2%	2,5 M €	+28.6%	1,9 M €	-6.4%	2,1 M €
Cash	302,6 k €	+140%	126 k €	-59.0%	307,1 k €	+88.0%	163,4 k €	+42.4%	114,7 k €
Debts	1,3 M €	+37.8%	957,4 k €	+1.6%	941,9 k €	+50.1%	627,5 k €	-34.3%	954,8 k €
Other
Workforce	48,7 ETP	+11.4%	43,7 ETP	+15.6%	37,8 ETP	+9.2%	34,6 ETP	+1.2%	34,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DIGLA IMMO0469.144.656Represented by DIRK CEYSSENS	Directorsince 22/06/2023Administrator - managerlisted until the 2009 accountsendedManaging director01/10/2005 → 20/12/2023ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HENRICUS CEYSSENS	Director20/12/2011 → 20/12/2023Managing director15/11/2010 → 2010 accounts
CEYSSENS DIRK	Managing director15/11/2010 → 2010 accounts

Other companies at this address

Mijnwerkerslaan 35 3550 Heusden-Zolder

Company	CBE no.
AL METALS● Active	1000.507.488
AL Windows● Active	0509.991.752
AMH INVEST● Active	1005.737.174
C COAT● Active	1035.492.816
DIGLA IMMO● Active	0469.144.656
DIGLA OPCO● Active	1034.598.832
GC PRODUCTIONS● Active	0775.335.153
Groep Ceyssens● Active	0751.715.158
Group Ceyssens● Active	0415.037.165
MAATSCHAP CEYSSENS● Active	1017.668.570

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	03/07/2026	04/07/2025	28/06/2024	13/07/2023	23/06/2022	30/06/2021
General meeting	21/05/2026	15/05/2025	16/05/2024	19/05/2023	19/05/2022	20/05/2021
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 · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	21/05/2026	03/07/2026	Dutch	PDF
Full model	31/12/2024	15/05/2025	04/07/2025	Dutch	PDF
Full model	31/12/2023	16/05/2024	28/06/2024	Dutch	PDF
Full model	31/12/2022	19/05/2023	13/07/2023	Dutch	PDF
Full model	31/12/2021	19/05/2022	23/06/2022	Dutch	PDF
Full model	31/12/2020	20/05/2021	30/06/2021	Dutch	PDF
Full model	31/12/2019	25/05/2020	05/08/2020	Dutch	PDF
Full model	31/12/2018	16/05/2019	10/07/2019	Dutch	PDF
Full model	31/12/2017	17/05/2018	22/08/2018	Dutch	PDF
Full model	31/12/2016	18/05/2017	06/07/2017	Dutch	PDF
Full model	31/12/2015	19/05/2016	17/06/2016	Dutch	PDF
Full model	31/12/2014	21/05/2015	15/06/2015	Dutch	PDF
Full model	31/12/2013	16/06/2014	23/06/2014	Dutch	PDF
Full model	31/12/2012	16/05/2013	29/05/2013	Dutch	PDF
Full model	31/12/2011	21/05/2012	19/06/2012	Dutch	PDF
Full model	31/12/2010	19/05/2011	20/06/2011	Dutch	PDF
Full model	31/12/2009	15/11/2010	17/11/2010	Dutch	PDF
Abridged model	31/12/2008	08/07/2009	27/07/2009	Dutch	PDF
Abridged model	31/12/2007	31/10/2008	31/12/2008	Dutch	PDF
Abridged model	31/12/2006	27/08/2007	31/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DIGLA IMMO0469.144.656Represented by DIRK CEYSSENS	Directorsince 22/06/2023Administrator - managerlisted until the 2009 accountsendedManaging director01/10/2005 → 20/12/2023ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HENRICUS CEYSSENS	Director20/12/2011 → 20/12/2023Managing director15/11/2010 → 2010 accounts
CEYSSENS DIRK	Managing director15/11/2010 → 2010 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2012
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2006
ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/11/2003
MAATSCHAPPELIJKE ZETEL
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

Filings20 filings

Mandates

DIGLA IMMO

HENRICUS CEYSSENS

CEYSSENS DIRK

Group Ceyssens

1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

CYGLA

Mijnwerkerslaan 35, 3550 Heusden-Zolder

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Mijnwerkerslaan 35, 3550 Heusden-ZolderCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00250996

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CYGLACurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00250996

Events

2025
Annual accounts 2025359 k €↓
2024
Annual accounts 2024410,9 k €↑
2023
Annual accounts 2023334 k €↑
2022
Annual accounts 2022245,4 k €↓
2021
Annual accounts 2021501,7 k €↑
2020
Annual accounts 2020164,3 k €↓
2019
Annual accounts 2019219,1 k €↓
2018
Annual accounts 2018377,9 k €↑
2017
Annual accounts 2017314,2 k €↑
2016
Annual accounts 2016303,5 k €↑
2015
Annual accounts 2015-7,6 k €↓
2014
Annual accounts 201455,1 k €↓
2013
Annual accounts 2013174,4 k €↑
2012
Annual accounts 2012148,1 k €↑
2011
Annual accounts 201133 k €↑
2010
Annual accounts 201018,4 k €↓
2009
Annual accounts 200987,1 k €↑
2008
Annual accounts 200830,3 k €↑
2007
Annual accounts 200710 k €↓
2006
Annual accounts 200611,3 k €
08/11/1990
IncorporationPublic limited company

CYGLA

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