ACTIVE

CdMZ

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Financial year 2025 · Closed on 31/12/2025

Net result-128,8 k €-34,0 %over 1 year

Gross margin75,5 k €-14,7 %over 1 year

Equity3,7 M €-3,3 %over 1 year

Identity

Source · BCE/KBO

CdMZ is a Public limited company incorporated in 1998. Its registered office is in Grimbergen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0463.229.339
Incorporation: 24/04/1998
Legal form: Public limited company
Registered office: Sint-Amandsstraat 93
1853 Grimbergen · FlandreSee on map
Contributed capital: 4 000 000,00 €
Latest accounts: 31/12/2025

Joint committees (3)

112
218
30105

Signals

Solid equityLow riskGood liquidityPositive EBITDA

Financials

Source · NBB, 22 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	75,5 k €	-14.7%	88,5 k €	-8.9%	97,1 k €	+12.0%	86,7 k €	+19.9%	72,3 k €
EBITDA	61,9 k €	-23.7%	81,1 k €	-9.9%	90 k €	+11.3%	80,9 k €	+21.5%	66,5 k €
Operating result	-61 k €	-38.6%	-44 k €	-25.2%	-35,2 k €	+19.3%	-43,6 k €	+24.3%	-57,6 k €
Net result	-128,8 k €	-34.0%	-96,1 k €	-38.0%	-69,6 k €	+27.6%	-96,2 k €	-89.7%	-50,7 k €
Balance sheet
Equity	3,7 M €	-3.3%	3,9 M €	-2.4%	4 M €	-1.7%	4 M €	-2.3%	4,1 M €
Total assets	6 M €	-2.0%	6,1 M €	-2.3%	6,2 M €	-2.1%	6,4 M €	-2.1%	6,5 M €
Cash	14,5 k €	+57.9%	9,2 k €	-85.4%	62,9 k €	-97.8%	2,9 M €	-0.3%	2,9 M €
Debts	2,2 M €	-1.6%	2,2 M €	-2.0%	2,3 M €	-2.2%	2,3 M €	-2.1%	2,4 M €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 12 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Camille Cigrang	Director16/04/2025 → 17/04/2026
Louis Cigrang	Director14/05/2023 → 17/04/2026
Christian Cigrang	Director01/09/2009 → 16/04/2025
Michel Cigrang	Director27/03/2015 → 20/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pierre Cigrang	Director21/05/2021 → 2022 accounts
Jean Cigrang	Director27/03/2015 → 2017 accounts

Other companies at this address

Sint-Amandsstraat 93 1853 Grimbergen

Company	CBE no.
ADELPHI● Active	0437.791.682
ALMARO● Active	0877.766.757
ALMARON● Active	0876.882.473
ARONA● Active	1042.523.435
BRAND WHITLOCK PROPERTY COMPANY● Active	0865.026.204
C.GEN● Active	0450.896.679
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

Full financial information

Source · NBB

	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	09/10/2026	17/07/2025	04/06/2024	26/05/2023	23/05/2022	03/06/2021
General meeting	17/04/2026	16/04/2025	23/04/2024	14/05/2023	22/04/2022	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 · NBB

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Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged modelCorrection	31/12/2025	17/04/2026	09/10/2026	Dutch	PDF
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	21/05/2021	03/06/2021	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	23/05/2016	24/05/2016	Dutch	PDF
Full model	31/12/2014	06/02/2015	10/06/2015	Dutch	PDF
Full model	31/12/2013	26/05/2014	08/07/2014	Dutch	PDF
Full model	31/12/2012	27/05/2013	25/06/2013	Dutch	PDF
Full model	31/12/2011	20/06/2012	22/06/2012	Dutch	PDF
Full model	31/12/2010	20/06/2011	22/06/2011	Dutch	PDF
Full model	31/12/2009	21/06/2010	01/07/2010	Dutch	PDF
Full model	31/12/2008	20/06/2009	29/06/2009	Dutch	PDF
Full model	31/12/2007	20/06/2008	24/06/2008	Dutch	PDF
Full modelCorrection	31/12/2006	20/06/2007	04/02/2008	Dutch	PDF
Full model	31/12/2006	20/06/2007	18/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

4 active · 12 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Camille Cigrang	Director16/04/2025 → 17/04/2026
Louis Cigrang	Director14/05/2023 → 17/04/2026
Christian Cigrang	Director01/09/2009 → 16/04/2025
Michel Cigrang	Director27/03/2015 → 20/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pierre Cigrang	Director21/05/2021 → 2022 accounts
Jean Cigrang	Director27/03/2015 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/07/2026
ontslagen en benoemingen ;
PDF
Mandates27/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other26/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares11/03/2022
KAPITAAL - AANDELEN
PDF
Mandates23/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2017
ONTSLAGEN - BENOEMINGEN
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

Louis Cigrang

Camille Cigrang

Christian Cigrang

Michel Cigrang

Pierre Cigrang

Jean Cigrang

ODESCO

LOWLANDS BULK

DIRK HOOYBERGS

PAUL VAN MALDEREN

GARY WALKER

MICHEL JADOT

Show the 4 other mandates

199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

CdMZ

Sint-Amandsstraat 93, 1853 Strombeek-Bever

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Sint-Amandsstraat 93, 1853 Strombeek-BeverCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00552346

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CdMZCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00552346

Events

2025
Annual accounts 2025-128,8 k €↓
2024
Annual accounts 2024-96,1 k €↓
2023
Annual accounts 2023-69,6 k €↑
2022
Annual accounts 2022-96,2 k €↓
2021
Annual accounts 2021-50,7 k €↓
2020
Annual accounts 2020-37,1 k €↑
2019
Annual accounts 2019-73,4 k €↓
2018
Annual accounts 2018-55,9 k €↑
2017
Annual accounts 2017-59,8 k €↑
2016
Annual accounts 2016-130,3 k €↓
2015
Annual accounts 2015-66,9 k €↓
2014
Annual accounts 2014160,6 k €↓
2013
Annual accounts 2013170,4 k €↑
2012
Annual accounts 2012-104,6 k €↓
2011
Annual accounts 2011122,9 k €↑
2010
Annual accounts 2010-276,1 k €↑
2009
Annual accounts 2009-286,5 k €↓
2008
Annual accounts 20081,4 M €↓
2007
Annual accounts 20071,7 M €↑
2006
Annual accounts 2006325,9 k €
24/04/1998
IncorporationPublic limited company

CdMZ

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