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ACTIVE

CYAGO

Financial year 2025 · closed on 30/09/2025

Net result

3,4 k €

-83.5% YoY

Gross margin

588,3 k €

+9.5% YoY

Equity

391,6 k €

+0.9% YoY

Workforce

4,9 ETP

-2.0% YoY

What does CYAGO do?

CYAGO is a Public limited company incorporated in 2020. Its main activity is: Manufacture of other pumps and compressors. Its registered office is in Kortrijk. It employs on average 4,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0759.643.226

Incorporation

10/12/2020

Legal form

Public limited company

Registered office

Spinnerijstraat(Kor) 103 box 3
8500 Kortrijk · FlandreSee on map

Contributed capital

273 307,13 €

Latest accounts

30/09/2025

Average workforce

4,9 ETP

Activities (NACE)

28130Manufacture of other pumps and compressors· main 28130Manufacture of other pumps and compressors 28990Manufacture of other special-purpose machinery n.e.c.28990Manufacture of other special-purpose machinery n.e.c.33120Repair of machinery 33120Repair of machinery

Joint committees (6)

111
11100
14901
20000
209
20900

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 4 financial years

	2025		2024		2023		2021
Income statement
Gross margin	588,3 k €	+9.5%	537,2 k €	-35.2%	828,6 k €	+38.4%	598,8 k €
EBITDA	173 k €	-4.5%	181,1 k €	-27.7%	250,7 k €	+220%	78,4 k €
Operating result	46,6 k €	-26.2%	63,2 k €	-51.8%	131,2 k €	+379%	27,4 k €
Net result	3,4 k €	-83.5%	20,7 k €	-68.8%	66,3 k €	+291%	17 k €
Balance sheet
Equity	391,6 k €	+0.9%	388,2 k €	+146%	157,5 k €	+72.6%	91,3 k €
Total assets	2,1 M €	+42.3%	1,4 M €	-12.5%	1,7 M €	+24.8%	1,3 M €
Cash	10,3 k €	-12.1%	11,7 k €	-93.0%	167,4 k €	+37.9%	121,4 k €
Debts	1,7 M €	+62.5%	1 M €	-28.9%	1,4 M €	+17.7%	1,2 M €
Other
Workforce	4,9 ETP	-2.0%	5,0 ETP	+8.7%	4,6 ETP	+4.5%	4,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 6 ended

Active mandates

MOUNTAINS BEYOND MOUNTAINS

Director · since 04 avril 2021 · 0761.741.592

Represented by Castel THIBAULT

Active

Managing director · since 04 avril 2021 · 0761.741.097

Represented by Wyckaert JOHAN

Active

Director · since 04 avril 2021 · 0865.437.265

Represented by De Clercq Stefaan

Active

Ended mandates

MOUNTAINS BEYOND MOUNTAINS

Director · since 04 avril 2021 · 0761.741.592

Represented by Castel THIBAULT

Ended

Managing director · since 04 avril 2021 · 0761.741.097

Represented by Johan Wyckaert

Ended

The Leaders Ship

Director · since 04 avril 2021 · 0890.708.933

Represented by Benoit Strauven

Ended

The Leaders Ship

Director · since 04 avril 2021 · 0890.708.933

Represented by Strauven BENOIT

Ended

At this address

Other companies at this address

Company	CBE no.
DECANCQ - VERCRUYSSE ARCHITECTS● Active	0771.464.259
DOUBLE DIGIT● Active	0745.506.267
DX-SOLUTIONS● Active	0808.107.097
Konu● Active	0795.567.175

Annual accounts

Full financial information

	2025	2024	2023	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/01/2022	01/01/2021
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	31/12/2021
Length of the financial year	12 months	12 months	21 months	12 months
Filing date	28/04/2026	17/03/2025	23/02/2024	27/06/2022
General meeting	01/04/2026	14/03/2025	14/02/2024	10/06/2022
Currency of the financial year	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Filings

Annual accounts filings

4 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	01/04/2026	28/04/2026	Dutch	PDF
Abridged model	30/09/2024	14/03/2025	17/03/2025	Dutch	PDF
Abridged model	30/09/2023	14/02/2024	23/02/2024	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	27/06/2022	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/09/2025 · 3 active · 6 ended

Active mandates

MOUNTAINS BEYOND MOUNTAINS

Director · since 04 avril 2021 · 0761.741.592

Represented by Castel THIBAULT

Active

Managing director · since 04 avril 2021 · 0761.741.097

Represented by Wyckaert JOHAN

Active

Director · since 04 avril 2021 · 0865.437.265

Represented by De Clercq Stefaan

Active

Ended mandates

MOUNTAINS BEYOND MOUNTAINS

Director · since 04 avril 2021 · 0761.741.592

Represented by Castel THIBAULT

Ended

Managing director · since 04 avril 2021 · 0761.741.097

Represented by Johan Wyckaert

Ended

The Leaders Ship

Director · since 04 avril 2021 · 0890.708.933

Represented by Benoit Strauven

Ended

The Leaders Ship

Director · since 04 avril 2021 · 0890.708.933

Represented by Strauven BENOIT

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other24/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other29/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates27/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2021
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring08/02/2021
MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other14/12/2020
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 20253,4 k €↓
2024
Annual accounts 202420,7 k €↓
2023
Annual accounts 202366,3 k €↑
2021
Annual accounts 202117 k €
10/12/2020
IncorporationPublic limited company