ACTIVE

C.GEN

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Financial year 2025 · closed on 31/12/2025

Net result

-1,4 M €

+41.0% YoY

Gross margin

-14,8 k €

-30.8% YoY

Equity

92,4 M €

-1.5% YoY

What does C.GEN do?

C.GEN is a Public limited company incorporated in 1993. Its registered office is in Grimbergen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.896.679

Incorporation

10/09/1993

Legal form

Public limited company

Registered office

Sint-Amandsstraat 93
1853 Grimbergen · FlandreSee on map

Contributed capital

85 442 046,82 €

Latest accounts

31/12/2025

Signals

Solid equityLow risk

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-14,8 k €	-30.8%	-11,3 k €	+60.3%	-28,5 k €	-661%	-3,7 k €	+74.3%	-14,6 k €	+43.2%	-25,7 k €	-231%	-7,7 k €	+46.4%	-14,4 k €	-56.8%	-9,2 k €	+53.3%	-19,7 k €		–		–		–		–		–		–		515,6 k €	-16.7%	619,1 k €	-38.9%	1 M €
EBITDA	-15,8 k €	-28.7%	-12,3 k €	+58.3%	-29,5 k €	-538%	-4,6 k €	+70.1%	-15,4 k €	+46.6%	-28,9 k €	-236%	-8,6 k €	+43.7%	-15,3 k €	-51.8%	-10,1 k €	+98.3%	-597,1 k €	-192%	648,1 k €	+12.8%	574,4 k €	+3.6%	554,3 k €	-50.3%	1,1 M €	+102%	551,7 k €	-18.5%	676,6 k €	+31.5%	514,7 k €	-16.7%	618,2 k €	-38.9%	1 M €
Operating result	-564,5 k €	-4496%	-12,3 k €	+58.3%	-29,5 k €	-538%	-4,6 k €	+70.1%	-15,4 k €	+46.6%	-28,9 k €	-236%	-8,6 k €	+43.7%	-15,3 k €	-51.8%	-10,1 k €	+98.3%	-597,1 k €	-192%	648,1 k €	+12.8%	574,4 k €	+3.6%	554,3 k €	-50.3%	1,1 M €	+102%	551,7 k €	-18.5%	676,6 k €	+31.5%	514,7 k €	-16.7%	618,2 k €	-38.9%	1 M €
Net result	-1,4 M €	+41.0%	-2,4 M €	-135%	6,8 M €	+507%	1,1 M €	+1398%	74,8 k €	-86.8%	564,5 k €	+4530%	12,2 k €	+223%	-9,9 k €	-104%	278,2 k €	+158%	-482,5 k €	-170%	692 k €	-35.8%	1,1 M €	-15.5%	1,3 M €	-36.0%	2 M €	+74.4%	1,1 M €	+38.1%	827,7 k €	-66.7%	2,5 M €	+11.9%	2,2 M €	+949%	211,5 k €
Balance sheet
Equity	92,4 M €	-1.5%	93,8 M €	-2.5%	96,1 M €	+7.6%	89,3 M €	+1.3%	88,2 M €	+781%	10 M €	+6.0%	9,5 M €	+0.1%	9,4 M €	-72.6%	34,4 M €	+0.8%	34,2 M €	+25.0%	27,3 M €	+2.6%	26,6 M €	-47.4%	50,6 M €	-14.7%	59,4 M €	+3.5%	57,4 M €	+2.0%	56,2 M €	+1.5%	55,4 M €	+4.7%	52,9 M €	+5856%	888,2 k €
Total assets	92,4 M €	-6.5%	98,8 M €	+2.8%	96,1 M €	+1.2%	95 M €	+7.7%	88,2 M €	+781%	10 M €	+6.0%	9,5 M €	+0.1%	9,4 M €	-72.6%	34,4 M €	+0.8%	34,2 M €	+23.9%	27,6 M €	-2.5%	28,3 M €	-54.7%	62,5 M €	+1.6%	61,6 M €	-5.9%	65,4 M €	+1.7%	64,4 M €	+4.8%	61,4 M €	-1.9%	62,6 M €	+222%	19,4 M €
Cash	9,3 k €	+51.9%	6,1 k €	-89.2%	56,9 k €	-98.3%	3,4 M €	-89.9%	33,3 M €	+1111743%	3 k €	-42.3%	5,2 k €	-79.7%	25,5 k €	-29.8%	36,3 k €	-96.1%	927,2 k €	-90.6%	9,9 M €	+1117%	813,2 k €	+411%	159,1 k €	+2361%	6,5 k €	-20.2%	8,1 k €	-51.9%	16,8 k €	-95.8%	405,4 k €	+5302%	7,5 k €	-86.4%	55,1 k €
Debts	–		5 M €	+140985815%	3,6 €	-100.0%	5,7 M €	+160338028%	3,6 €	0.0%	3,6 €	-97.9%	169,7 €	+534%	26,8 €	+4.2%	25,7 €	-99.3%	3,5 k €	-98.6%	253,3 k €	-84.8%	1,7 M €	-86.0%	11,9 M €	+439%	2,2 M €	-72.7%	8,1 M €	-0.8%	8,1 M €	+40.4%	5,8 M €	-33.3%	8,7 M €	-52.0%	18,1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 30 ended

Active mandates

Alix Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Antoine Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Camille Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Emile Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Jade Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Jean Pierre Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Julie Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Léon Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Louis Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Thylane Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Ended mandates

Christian Cigrang

Director · since 16 décembre 2021 · until 06 mai 2027

Ended

Jean Cigrang

Director · since 16 décembre 2021 · until 06 mai 2027

Ended

Michel Cigrang

Director · since 16 décembre 2021 · until 06 mai 2027

Ended

Pierre Cigrang

Director · since 16 décembre 2021 · until 06 mai 2027

Ended

At this address

Other companies at this address

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ALMARO● Active	0877.766.757
ALMARON● Active	0876.882.473
ARONA● Active	1042.523.435
BRAND WHITLOCK PROPERTY COMPANY● Active	0865.026.204
CdMZ● Active	0463.229.339
CLCC● Active	0544.748.535
C. Legal● Active	0880.195.222
CONSULTINVEST● Active	0440.428.104
PESSULUS● Active	0896.384.720
SPIREA● Active	0863.477.766
TRAXUS● Active	0879.223.737
TRILITHON● Active	0477.292.062

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged 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	19/05/2026	17/07/2025	04/06/2024	26/05/2023	23/05/2022	17/05/2021
General meeting	17/04/2026	16/04/2025	23/04/2024	14/05/2023	22/04/2022	16/04/2021
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

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Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/04/2026	19/05/2026	Dutch	PDF
Abridged model	31/12/2024	16/04/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	23/04/2024	04/06/2024	Dutch	PDF
Abridged model	31/12/2022	14/05/2023	26/05/2023	Dutch	PDF
Abridged model	31/12/2021	22/04/2022	23/05/2022	Dutch	PDF
Abridged model	31/12/2020	16/04/2021	17/05/2021	Dutch	PDF
Abridged model	31/12/2019	08/05/2020	27/05/2020	Dutch	PDF
Abridged model	31/12/2018	05/04/2019	29/04/2019	Dutch	PDF
Abridged model	31/12/2017	04/05/2018	29/05/2018	Dutch	PDF
Abridged model	31/12/2016	26/04/2017	24/05/2017	Dutch	PDF
Full model	31/12/2015	25/04/2016	17/05/2016	Dutch	PDF
Full model	31/12/2014	24/04/2015	22/05/2015	Dutch	PDF
Full model	31/12/2013	28/04/2014	27/05/2014	Dutch	PDF
Full model	31/12/2012	29/04/2013	29/05/2013	Dutch	PDF
Full model	31/08/2011	04/02/2012	02/04/2012	Dutch	PDF
Full model	31/08/2010	05/02/2011	25/03/2011	Dutch	PDF
Abridged model	31/08/2009	06/02/2010	29/04/2010	Dutch	PDF
Abridged model	31/08/2008	07/02/2009	05/03/2009	Dutch	PDF
Abridged model	31/08/2007	02/02/2008	04/03/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 30 ended

Active mandates

Alix Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Antoine Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Camille Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Emile Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Jade Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Jean Pierre Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Julie Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Léon Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Louis Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Thylane Cigrang

Director · since 30 novembre 2022 · until 05 mai 2028

Active

Ended mandates

Christian Cigrang

Director · since 16 décembre 2021 · until 06 mai 2027

Ended

Jean Cigrang

Director · since 16 décembre 2021 · until 06 mai 2027

Ended

Michel Cigrang

Director · since 16 décembre 2021 · until 06 mai 2027

Ended

Pierre Cigrang

Director · since 16 décembre 2021 · until 06 mai 2027

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares08/04/2026
KAPITAAL - AANDELEN
PDF
Mandates27/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2021
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/03/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2017
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

26/03/2026
reduction_capital
2025
Annual accounts 2025-1,4 M €↑
2024
Annual accounts 2024-2,4 M €↓
2023
Annual accounts 20236,8 M €↑
2022
Annual accounts 20221,1 M €↑
30/11/2022
nominationAntoine Cigrang — bestuurder
30/11/2022
nominationCamille Cigrang — bestuurder
30/11/2022
nominationLouis Cigrang — bestuurder
30/11/2022
nominationJulie Cigrang — bestuurder
30/11/2022
nominationLéon Cigrang — bestuurder
30/11/2022
nominationJean Pierre Cigrang — bestuurder
30/11/2022
nominationEmile Cigrang — bestuurder
30/11/2022
nominationAlix Cigrang — bestuurder
30/11/2022
nominationJade Cigrang — bestuurder
30/11/2022
nominationThylane Cigrang — bestuurder
2021
Annual accounts 202174,8 k €↓
2020
Annual accounts 2020564,5 k €↑
2019
Annual accounts 201912,2 k €↑
2018
Annual accounts 2018-9,9 k €↓
2017
Annual accounts 2017278,2 k €↑
2016
Annual accounts 2016-482,5 k €↓
2015
Annual accounts 2015692 k €↓
2014
Annual accounts 20141,1 M €↓
2013
Annual accounts 20131,3 M €↓
2012
Annual accounts 20122 M €↑
2011
Annual accounts 20111,1 M €↑
2010
Annual accounts 2010827,7 k €↓
2009
Annual accounts 20092,5 M €↑
2008
Annual accounts 20082,2 M €↑
2007
Annual accounts 2007211,5 k €
10/09/1993
IncorporationPublic 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.GEN

Overview

What does C.GEN do?

Trend over 19 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