ACTIVE

CYGA

Financial year 2025 · Closed on 31/12/2025

Net result292,1 k €-6,1 %over 1 year
Revenue150,9 k €-12,0 %over 1 year
Equity35,2 M €-0,9 %over 1 year

Identity

Source · BCE/KBO

CYGA is a Private limited company incorporated in 2011. Its main activity is: Activities of holding companies. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0842.191.117
Incorporation
28/12/2011
Legal form
Private limited company
Registered office
Europalaan 9
3500 Hasselt · FlandreSee on map
Contributed capital
14 726 644,17 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 30 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue150,9 k €171,5 k €177,3 k €262,5 k €539,6 k €
EBITDA93 k €115,7 k €43,5 k €-131,2 k €513,7 k €
Operating result75,1 k €99,5 k €41 k €-132,2 k €507,2 k €
Net result292,1 k €310,9 k €1 M €-545,4 k €11,3 M €
Balance sheet
Equity35,2 M €35,5 M €35,2 M €35,4 M €37,2 M €
Total assets35,2 M €35,5 M €35,2 M €35,4 M €37,2 M €
Cash200 k €141,3 k €12 k €32,5 k €128,3 k €
Debts9,5 k €14 k €20,3 k €29,1 k €58,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 19 ended

Active mandates

TDEVELOPMENT

Director · since 01 octobre 2021 · 0774.835.802

Represented by Thibaud DEMOT

Active
Danielle Louise Demot

Director · since 20 décembre 2019

Active
Michel Demot

Managing director · since 20 décembre 2019

Active
Philip Demot

Managing director · since 20 décembre 2019

Active

Ended mandates

Daniëlle Demot

Director · since 23 août 2016 · until 01 juin 2022

Ended
Michel Demot

Managing director · since 23 août 2016 · until 01 juin 2022

Ended
Philip Demot

Managing director · since 23 août 2016 · until 01 juin 2022

Ended
Danielle Demot

Director · since 28 décembre 2011 · until 29 avril 2016

Ended

Other companies at this address

Europalaan 9 3500 Hasselt
CompanyCBE no.
DEMBO● Active
0723.863.488
Philmar● Active
0715.627.101

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
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 date13/07/202609/07/202530/07/202426/03/202417/07/202325/06/2021
General meeting30/06/202630/06/202530/07/202430/06/202330/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 30 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202613/07/2026DutchPDF
Full model31/12/202430/06/202509/07/2025DutchPDF
Consolidated accounts31/12/202430/06/202509/07/2025DutchPDF
Full model31/12/202330/07/202430/07/2024DutchPDF
Consolidated accounts31/12/202312/07/202407/08/2024DutchPDF
Full modelCorrection31/12/202230/06/202326/03/2024DutchPDF
Full model31/12/202230/06/202312/07/2023DutchPDF
Consolidated accounts31/12/202209/08/202309/08/2023DutchPDF
Full modelCorrection31/12/202130/06/202217/07/2023DutchPDF
Full model31/12/202122/06/202211/07/2022DutchPDF
Consolidated accounts31/12/202122/06/202230/06/2022DutchPDF
Full model31/12/202002/06/202103/06/2021DutchPDF
Consolidated accounts31/12/202002/06/202125/06/2021DutchPDF
Full model31/12/201903/06/202004/06/2020DutchPDF
Consolidated accounts31/12/201903/06/202011/06/2020DutchPDF
Full model31/12/201805/06/201907/06/2019DutchPDF
Consolidated accounts31/12/201805/06/201917/06/2019DutchPDF
Full model31/12/201706/06/201819/09/2018DutchPDF
Consolidated accounts31/12/201706/06/201821/06/2018DutchPDF
Full model31/12/201607/06/201713/06/2017DutchPDF
Consolidated accountsCorrection31/12/201607/06/201710/08/2017DutchPDF
Consolidated accounts31/12/201607/06/201731/07/2017DutchPDF
Full model31/12/201529/04/201618/05/2016DutchPDF
Consolidated accounts31/12/201522/06/201608/08/2016DutchPDF
Full model31/12/201424/04/201512/05/2015DutchPDF
Consolidated accounts31/12/201430/06/201522/07/2015DutchPDF
Full model31/12/201325/04/201430/04/2014DutchPDF
Consolidated accounts31/12/201330/06/201408/08/2014DutchPDF
Full model31/12/201225/03/201331/05/2013DutchPDF
Full model31/12/201127/04/201218/06/2012DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 19 ended

Active mandates

TDEVELOPMENT

Director · since 01 octobre 2021 · 0774.835.802

Represented by Thibaud DEMOT

Active
Danielle Louise Demot

Director · since 20 décembre 2019

Active
Michel Demot

Managing director · since 20 décembre 2019

Active
Philip Demot

Managing director · since 20 décembre 2019

Active

Ended mandates

Daniëlle Demot

Director · since 23 août 2016 · until 01 juin 2022

Ended
Michel Demot

Managing director · since 23 août 2016 · until 01 juin 2022

Ended
Philip Demot

Managing director · since 23 août 2016 · until 01 juin 2022

Ended
Danielle Demot

Director · since 28 décembre 2011 · until 29 avril 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/10/2016
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025292,1 k €↓
  2. 2024
    Annual accounts 2024310,9 k €↓
  3. 2023
    Annual accounts 20231 M €↑
  4. 2022
    Annual accounts 2022-545,4 k €↓
  5. 2021
    Annual accounts 202111,3 M €↑
  6. 2020
    Annual accounts 2020309 k €↓
  7. 2019
    Annual accounts 2019920,9 k €↓
  8. 2018
    Annual accounts 20181,5 M €↑
  9. 2017
    Annual accounts 2017812,9 k €↑
  10. 2016
    Annual accounts 2016635,6 k €↑
  11. 2015
    Annual accounts 2015519,9 k €↑
  12. 2014
    Annual accounts 2014502,6 k €↓
  13. 2013
    Annual accounts 2013656 k €↓
  14. 2012
    Annual accounts 20129,9 M €↑
  15. 2011
    Annual accounts 2011-16,1 k €
  16. 28/12/2011
    IncorporationPrivate limited company