ACTIVE

CYGNUS ADVOCATEN

Financial year 2025 · Closed on 31/12/2025

Net result334,3 k €-39,9 %over 1 year
Gross margin912,6 k €-17,7 %over 1 year
Equity402,5 k €+2,2 %over 1 year
Workforce5,1 ETP+4,1 %over 1 year

Identity

Source · BCE/KBO

CYGNUS ADVOCATEN is a Private limited company incorporated in 1992. Its main activity is: Legal activities. Its registered office is in Brugge. It employs on average 5,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.760.521
Incorporation
28/02/1992
Legal form
Private limited company
Registered office
Ezelstraat 25
8000 Brugge · FlandreSee on map
Contributed capital
66 082,85 €
Latest accounts
31/12/2025
Average workforce
5,1 ETP
Joint committees (3)
  • 200
  • 336
  • 33600
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin912,6 k €1,1 M €1 M €918,8 k €886,6 k €
EBITDA388,9 k €628,7 k €471,7 k €361,4 k €353,7 k €
Operating result334,5 k €566,2 k €372,2 k €315,8 k €304,3 k €
Net result334,3 k €556,7 k €358,5 k €307,3 k €300,7 k €
Balance sheet
Equity402,5 k €393,7 k €374 k €369 k €368,7 k €
Total assets1,7 M €1,7 M €1,7 M €1,8 M €1,9 M €
Cash654,6 k €739,1 k €468,1 k €449,2 k €524,3 k €
Debts1,3 M €1,3 M €1,3 M €1,4 M €1,5 M €
Other
Workforce5,1 ETP4,9 ETP7,0 ETP8,6 ETP8,8 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

3 active · 26 ended

Active mandates

NEIL BRAECKEVELT

Director · since 28 avril 2023 · 0744.521.025

Represented by Neil Braeckevelt

Active
Alex De Visscher

Director · since 10 janvier 2011 · 0832.940.879

Represented by Alex De Visscher

Active
BRAM BAERT

Director · since 01 janvier 2008 · 0894.549.737

Represented by Bram BAERT

Active

Ended mandates

NEIL BRAECKEVELT

Director · since 29 avril 2023 · 0744.521.025

Represented by Braeckevelt NEIL

Ended
ALAIN UYTTENHOVE

Director · since 16 juin 2014

Ended
ANNICK ALDERS

Director · since 16 juin 2014

Ended
PARDO

Director · since 16 juin 2014 · until 31 décembre 2015 · 0543.320.160

Represented by DAVE PARDO

Ended

Other companies at this address

Ezelstraat 25 8000 Brugge

Full financial information

Source · NBB
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 date25/08/202630/06/202521/06/202431/08/202326/04/202207/05/2021
General meeting12/06/202613/06/202517/05/202428/04/202319/04/202223/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202625/08/2026DutchPDF
Abridged model31/12/202413/06/202530/06/2025DutchPDF
Abridged model31/12/202317/05/202421/06/2024DutchPDF
Abridged model31/12/202228/04/202331/08/2023DutchPDF
Abridged model31/12/202119/04/202226/04/2022DutchPDF
Abridged model31/12/202023/04/202107/05/2021DutchPDF
Abridged model31/12/201915/06/202027/06/2020DutchPDF
Abridged model31/12/201827/04/201927/05/2019DutchPDF
Abridged model31/12/201721/04/201830/07/2018DutchPDF
Abridged model31/12/201628/04/201724/05/2017DutchPDF
Abridged model31/12/201516/04/201618/07/2016DutchPDF
Abridged model31/12/201430/04/201526/06/2015DutchPDF
Abridged model31/12/201322/04/201419/05/2014DutchPDF
Abridged model31/12/201219/04/201306/05/2013DutchPDF
Abridged model31/12/201120/04/201218/05/2012DutchPDF
Abridged model31/12/201028/04/201101/07/2011DutchPDF
Abridged model31/12/200917/04/201028/06/2010DutchPDF
Abridged model31/12/200830/04/200930/05/2009DutchPDF
Abridged model31/12/200728/04/200827/05/2008DutchPDF

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

3 active · 26 ended

Active mandates

NEIL BRAECKEVELT

Director · since 28 avril 2023 · 0744.521.025

Represented by Neil Braeckevelt

Active
Alex De Visscher

Director · since 10 janvier 2011 · 0832.940.879

Represented by Alex De Visscher

Active
BRAM BAERT

Director · since 01 janvier 2008 · 0894.549.737

Represented by Bram BAERT

Active

Ended mandates

NEIL BRAECKEVELT

Director · since 29 avril 2023 · 0744.521.025

Represented by Braeckevelt NEIL

Ended
ALAIN UYTTENHOVE

Director · since 16 juin 2014

Ended
ANNICK ALDERS

Director · since 16 juin 2014

Ended
PARDO

Director · since 16 juin 2014 · until 31 décembre 2015 · 0543.320.160

Represented by DAVE PARDO

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other20/03/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates15/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/01/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2011
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025334,3 k €↓
  2. 2024
    Annual accounts 2024556,7 k €↑
  3. 2024
    Name changeCygnus Advocaten
  4. 2023
    Annual accounts 2023358,5 k €↑
  5. 2022
    Annual accounts 2022307,3 k €↑
  6. 2021
    Annual accounts 2021300,7 k €↓
  7. 2020
    Annual accounts 2020566,7 k €↑
  8. 2019
    Annual accounts 2019509,8 k €↓
  9. 2018
    Annual accounts 2018880 k €↑
  10. 2017
    Annual accounts 2017508,3 k €↓
  11. 2016
    Annual accounts 2016722 k €↓
  12. 2015
    Annual accounts 2015774,7 k €↑
  13. 2014
    Annual accounts 2014601,4 k €↓
  14. 2013
    Annual accounts 2013856,4 k €↓
  15. 2012
    Annual accounts 2012916,1 k €↓
  16. 2011
    Annual accounts 20111 M €↑
  17. 2010
    Annual accounts 2010969,4 k €↑
  18. 2009
    Annual accounts 2009735,5 k €↑
  19. 2008
    Annual accounts 2008608 k €↑
  20. 2007
    Annual accounts 2007450,2 k €
  21. 2007
    Name changeCrivits & Persyn
  22. 28/02/1992
    IncorporationPrivate limited company