ACTIVE

CYECO

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Financial year 2025 · closed on 31/12/2025
Net result
98,6 k €
-49.2% YoY
Gross margin
611,3 k €
-5.7% YoY
Equity
366,4 k €
+32.3% YoY

What does CYECO do?

CYECO is a Private limited company incorporated in 2017. Its registered office is in Zaventem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0668.908.931
Incorporation
10/01/2017
Legal form
Private limited company
Registered office
Leuvensesteenweg 540
1930 Zaventem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (3)
  • 111
  • 149
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin611,3 k €648,1 k €287,1 k €127,4 k €52,9 k €83,3 k €80,5 k €129,2 k €27,3 k €
EBITDA140,1 k €284,1 k €54,7 k €19,2 k €15,8 k €31 k €13,4 k €10,6 k €2,1 k €
Operating result139,4 k €281,1 k €47 k €15,5 k €13,1 k €28,4 k €11,1 k €7,8 k €-2,4 k €
Net result98,6 k €193,8 k €27,3 k €7,2 k €9,7 k €19,4 k €5,2 k €5,5 k €-2,6 k €
Balance sheet
Equity366,4 k €277 k €90,2 k €62,9 k €55,7 k €46 k €26,6 k €21,5 k €16 k €
Total assets842,9 k €741,4 k €268,2 k €180,7 k €168,9 k €171,2 k €84,9 k €58 k €44,6 k €
Cash193,1 k €78,9 k €31,1 k €4 k €19,6 k €32,1 k €1,7 k €27,9 k €15,5 k €
Debts476,4 k €464,3 k €177,9 k €117,8 k €112 k €125,2 k €58,3 k €36,5 k €28,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

Hasan Yavas

Director

Active

Ended mandates

Hasan Yavas

Director · since 01 octobre 2017

Ended
Hasan Yavas

Director · since 10 janvier 2017

Ended
Abdulkadir Cekic

Manager

Ended
Abdulkadir CEKIC

Director

Ended
At this address

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MobiExcellence Group● Active
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PRODATA PTEXCELLENCE● Active
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PRODATA SYSTEMS● Active
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro 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 date31/08/202619/08/202531/08/202401/09/202322/08/202201/11/2021
General meeting31/08/202606/06/202507/06/202402/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/08/202631/08/2026DutchPDF
Micro model31/12/202406/06/202519/08/2025DutchPDF
Micro model31/12/202307/06/202431/08/2024DutchPDF
Micro model31/12/202202/06/202301/09/2023FrenchPDF
Micro model31/12/202103/06/202222/08/2022FrenchPDF
Micro model31/12/202004/06/202101/11/2021FrenchPDF
Micro model31/12/201905/06/202011/10/2020FrenchPDF
Micro model31/12/201807/06/201929/10/2019FrenchPDF
Micro model31/12/201701/06/201813/09/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

Hasan Yavas

Director

Active

Ended mandates

Hasan Yavas

Director · since 01 octobre 2017

Ended
Hasan Yavas

Director · since 10 janvier 2017

Ended
Abdulkadir Cekic

Manager

Ended
Abdulkadir CEKIC

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office24/11/2021
    SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Other17/11/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office19/03/2019
    SIEGE SOCIAL
    PDF
  • Other12/01/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 202598,6 k €↓
  2. 2024
    Annual accounts 2024193,8 k €↑
  3. 2023
    Annual accounts 202327,3 k €↑
  4. 2022
    Annual accounts 20227,2 k €↓
  5. 2021
    Annual accounts 20219,7 k €↓
  6. 2020
    Annual accounts 202019,4 k €↑
  7. 2019
    Annual accounts 20195,2 k €↓
  8. 2018
    Annual accounts 20185,5 k €↑
  9. 2017
    Annual accounts 2017-2,6 k €
  10. 10/01/2017
    IncorporationPrivate limited company