ACTIVE

CYGNUS IT

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Financial year 2024 · closed on 31/12/2024

Net result

10,5 k €

+2.2% YoY

Gross margin

28,8 k €

+12.3% YoY

Equity

108,1 k €

+10.8% YoY

What does CYGNUS IT do?

CYGNUS IT is a Private limited company incorporated in 2010. Its main activity is: Other software publishing. Its registered office is in Lier.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0831.249.220

Incorporation

18/11/2010

Legal form

Private limited company

Registered office

Boerenkrijglaan 23
2500 Lier · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Activities (NACE)

58290Other software publishing· main 58290Other software publishing

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	28,8 k €	+12.3%	25,6 k €	+287%	6,6 k €	-84.4%	42,5 k €	+6.8%	39,8 k €	-43.5%	70,4 k €	-7.6%	76,2 k €	+20.3%	63,4 k €	+79.8%	35,2 k €	+149%	14,1 k €	-55.3%	31,7 k €	-20.4%	39,8 k €	+565%	6 k €
EBITDA	27,2 k €	+13.7%	23,9 k €	+343%	-9,8 k €	-124%	41,4 k €	+6.3%	38,9 k €	-43.9%	69,4 k €	-7.0%	74,6 k €	+21.1%	61,6 k €	+81.9%	33,9 k €	+165%	12,8 k €	-58.5%	30,8 k €	-19.3%	38,2 k €	+798%	4,3 k €
Operating result	19,7 k €	+18.4%	16,6 k €	+200%	-16,7 k €	-145%	37 k €	-4.2%	38,7 k €	-28.6%	54,1 k €	-15.4%	64 k €	+22.0%	52,5 k €	+98.6%	26,4 k €	+396%	5,3 k €	-80.4%	27,2 k €	-26.0%	36,8 k €	+3691%	-1 k €
Net result	10,5 k €	+2.2%	10,3 k €	+157%	-18 k €	-157%	31,5 k €	+43.4%	22 k €	-59.4%	54,1 k €	+2.8%	52,6 k €	+9.4%	48,1 k €	+94.0%	24,8 k €	+644%	3,3 k €	-86.4%	24,5 k €	+2.6%	23,9 k €	+2100%	-1,2 k €
Balance sheet
Equity	108,1 k €	+10.8%	97,6 k €	+11.8%	87,3 k €	-17.1%	105,3 k €	+1.5%	103,8 k €	+26.9%	81,8 k €	+28.4%	63,7 k €	+35.3%	47,1 k €	+34.6%	35 k €	+12.2%	31,2 k €	+12.0%	27,9 k €	+30.7%	21,3 k €	+22.5%	17,4 k €
Total assets	168,9 k €	+9.8%	153,8 k €	+1.4%	151,8 k €	-34.7%	232,5 k €	+16.2%	200,2 k €	+8.4%	184,6 k €	+23.3%	149,6 k €	+26.7%	118,1 k €	+58.0%	74,7 k €	+27.2%	58,8 k €	+15.2%	51 k €	-9.8%	56,6 k €	+40.1%	40,4 k €
Cash	32,7 k €	+45.8%	22,4 k €	-14.6%	26,3 k €	-79.8%	130,2 k €	+6.3%	122,5 k €	+13.8%	107,7 k €	+10.2%	97,7 k €	+68.0%	58,2 k €	+113%	27,3 k €	+174%	10 k €	-68.0%	31,2 k €	-20.9%	39,4 k €	+90.3%	20,7 k €
Debts	60,8 k €	+8.0%	56,3 k €	-12.7%	64,5 k €	-49.2%	126,9 k €	+33.0%	95,4 k €	-7.2%	102,8 k €	+19.6%	85,9 k €	+20.9%	71,1 k €	+78.7%	39,8 k €	+44.1%	27,6 k €	+19.1%	23,2 k €	-34.3%	35,2 k €	+53.4%	23 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

Eveline Van Passel

Director · since 28 septembre 2021

Active

Stefan Wils

Director · since 28 septembre 2021

Active

Ended mandates

Eveline Van Passel

Director · since 29 juillet 2016

Ended

Eveline Van Passel

Manager · since 29 juillet 2016

Ended

Stefan Wils

Director · since 22 novembre 2010

Ended

Stefan Wils

Manager · since 22 novembre 2010

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/10/2020	01/10/2019	01/10/2018
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/09/2020	30/09/2019
Length of the financial year	12 months	12 months	12 months	15 months	12 months	12 months
Filing date	27/08/2025	30/09/2024	30/09/2023	25/08/2022	30/04/2021	30/04/2020
General meeting	20/06/2025	21/06/2024	17/06/2023	17/06/2022	19/03/2021	27/04/2020
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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Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	20/06/2025	27/08/2025	Dutch	PDF
Micro model	31/12/2023	21/06/2024	30/09/2024	Dutch	PDF
Micro model	31/12/2022	17/06/2023	30/09/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	25/08/2022	Dutch	PDF
Micro model	30/09/2020	19/03/2021	30/04/2021	Dutch	PDF
Micro model	30/09/2019	27/04/2020	30/04/2020	Dutch	PDF
Micro model	30/09/2018	15/03/2019	12/04/2019	Dutch	PDF
Micro model	30/09/2017	16/03/2018	13/04/2018	Dutch	PDF
Abridged model	30/09/2016	18/03/2017	04/04/2017	Dutch	PDF
Abridged model	30/09/2015	18/03/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	20/03/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	21/03/2014	28/03/2014	Dutch	PDF
Abridged model	30/09/2012	15/03/2013	09/04/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2024 · 2 active · 5 ended

Active mandates

Eveline Van Passel

Director · since 28 septembre 2021

Active

Stefan Wils

Director · since 28 septembre 2021

Active

Ended mandates

Eveline Van Passel

Director · since 29 juillet 2016

Ended

Eveline Van Passel

Manager · since 29 juillet 2016

Ended

Stefan Wils

Director · since 22 novembre 2010

Ended

Stefan Wils

Manager · since 22 novembre 2010

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/10/2021
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
PDF
Mandates13/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/12/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other01/12/2010
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

2024
Annual accounts 202410,5 k €↑
2023
Annual accounts 202310,3 k €↑
2022
Annual accounts 2022-18 k €↓
2021
Annual accounts 202131,5 k €↑
2020
Annual accounts 202022 k €↓
2019
Annual accounts 201954,1 k €↑
2018
Annual accounts 201852,6 k €↑
2017
Annual accounts 201748,1 k €↑
2016
Annual accounts 201624,8 k €↑
2015
Annual accounts 20153,3 k €↓
2014
Annual accounts 201424,5 k €↑
2013
Annual accounts 201323,9 k €↑
2012
Annual accounts 2012-1,2 k €
18/11/2010
IncorporationPrivate 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

CYGNUS IT

Overview

What does CYGNUS IT do?

Trend over 13 financial years

Indicative valuation

Board of directors

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