ACTIVE

CIGLO HOLDING

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Financial year 2025 · closed on 30/09/2025

Net result

-16,6 k €

-124.3% YoY

Gross margin

235 k €

-24.7% YoY

Equity

14,6 M €

-0.1% YoY

What does CIGLO HOLDING do?

CIGLO HOLDING is a Private limited company incorporated in 2012. Its main activity is: Activities of holding companies. Its registered office is in Anderlecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0848.804.339

Incorporation

19/09/2012

Legal form

Private limited company

Registered office

Rue Brogniez 54 box 4
1070 Anderlecht · BruxellesSee on map

Contributed capital

10 818 600,00 €

Latest accounts

30/09/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	235 k €	-24.7%	312,2 k €	-6.3%	333,1 k €	-43.9%	593,4 k €	+64.1%	361,5 k €	-23.8%	474,4 k €	+29.4%	366,7 k €	-26.4%	497,9 k €	+24.9%	398,6 k €	-11.2%	448,7 k €	+1.2%	443,4 k €	-81.5%	2,4 M €	+1860%	122,2 k €
EBITDA	233,4 k €	-25.0%	311,1 k €	-6.1%	331,2 k €	-44.1%	592,3 k €	+63.9%	361,5 k €	-41.7%	620,1 k €	+183%	219,2 k €	-64.5%	617 k €	+122%	277,7 k €	-65.0%	793,5 k €	+146%	322,3 k €	-85.8%	2,3 M €	+14336%	15,8 k €
Operating result	4,9 k €	-94.9%	95,5 k €	-57.0%	222,2 k €	-62.4%	590,7 k €	+63.4%	361,5 k €	-41.7%	620,1 k €	+183%	219,2 k €	-64.5%	617 k €	+122%	277,7 k €	-65.0%	793,5 k €	+146%	322,3 k €	-85.8%	2,3 M €	+14336%	15,8 k €
Net result	-16,6 k €	-124%	68,4 k €	-21.8%	87,4 k €	-72.2%	314,5 k €	+258%	87,9 k €	-57.7%	207,7 k €	+31.7%	157,7 k €	-45.7%	290,5 k €	+51.9%	191,3 k €	-13.9%	222,2 k €	+17.6%	188,9 k €	-91.1%	2,1 M €	+2059%	-108,1 k €
Balance sheet
Equity	14,6 M €	-0.1%	14,6 M €	+0.5%	14,6 M €	+0.6%	14,5 M €	+2.2%	14,2 M €	+0.6%	14,1 M €	+1.5%	13,9 M €	+1.2%	13,7 M €	+2.2%	13,4 M €	+1.4%	13,2 M €	+1.7%	13 M €	+1.5%	12,8 M €	+19.8%	10,7 M €
Total assets	21,3 M €	+0.3%	21,2 M €	+0.1%	21,2 M €	-0.1%	21,2 M €	-0.1%	21,3 M €	-0.0%	21,3 M €	+0.1%	21,2 M €	+0.0%	21,2 M €	-0.0%	21,2 M €	+0.2%	21,2 M €	-0.1%	21,2 M €	-0.0%	21,2 M €	-2.5%	21,8 M €
Cash	30,3 k €	+1.1%	29,9 k €	+152%	11,9 k €	-26.1%	16 k €	-62.3%	42,6 k €	-46.8%	80 k €	+219%	25 k €	+7.9%	23,2 k €	-19.6%	28,9 k €	+41.2%	20,5 k €	+108%	9,8 k €	-39.5%	16,2 k €	-39.5%	26,8 k €
Debts	6,1 M €	-2.1%	6,3 M €	-3.8%	6,5 M €	-3.2%	6,7 M €	-4.7%	7,1 M €	-1.3%	7,2 M €	-0.5%	7,2 M €	-4.1%	7,5 M €	-2.3%	7,7 M €	-3.5%	8 M €	+1.5%	7,8 M €	-3.9%	8,2 M €	-25.4%	10,9 M €

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 · 4 active

Active mandates

Bernard Gliksberg

Manager

Active

Florence Gliksberg

Manager

Active

Nicolas Gliksberg

Manager

Active

Serge Gliksberg

Manager

Active

At this address

Other companies at this address

Company	CBE no.
CIGLO● Active	0417.423.662
CIGLO UNITED● Active	0506.950.011
GLICO● Active	0699.766.116
MEDIA ACTIE KUREGEM STAD● Active	0874.873.682
RIBA EUROPA● Active	0441.558.450
Tricots de Bruxelles● Active	0400.545.761

Annual accounts

Full financial information

	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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/04/2026	02/04/2025	17/04/2024	22/03/2023	16/03/2022	05/05/2021
General meeting	13/03/2026	05/03/2025	11/03/2024	10/03/2023	11/03/2022	03/03/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	13/03/2026	15/04/2026	French	PDF
Abridged model	30/09/2024	05/03/2025	02/04/2025	French	PDF
Abridged model	30/09/2023	11/03/2024	17/04/2024	French	PDF
Abridged model	30/09/2022	10/03/2023	22/03/2023	French	PDF
Abridged model	30/09/2021	11/03/2022	16/03/2022	French	PDF
Abridged model	30/09/2020	03/03/2021	05/05/2021	French	PDF
Abridged model	30/09/2019	13/03/2020	05/05/2021	French	PDF
Abridged model	30/09/2018	03/04/2019	03/04/2019	French	PDF
Abridged model	30/09/2017	09/03/2018	21/03/2018	French	PDF
Abridged model	30/09/2016	24/01/2017	14/02/2018	French	PDF
Abridged model	30/09/2015	11/03/2016	18/05/2016	French	PDF
Abridged model	30/09/2014	15/03/2015	02/04/2015	French	PDF
Abridged model	30/09/2013	14/03/2014	27/03/2014	French	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 · 4 active

Active mandates

Bernard Gliksberg

Manager

Active

Florence Gliksberg

Manager

Active

Nicolas Gliksberg

Manager

Active

Serge Gliksberg

Manager

Active

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office29/09/2025
SIEGE SOCIAL
PDF
Mandates17/02/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates22/06/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office17/04/2018
SIEGE SOCIAL
PDF
Mandates05/03/2013
DEMISSIONS, NOMINATIONS
PDF
Capital / shares12/12/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other28/09/2012
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

2025
Annual accounts 2025-16,6 k €↓
2024
Annual accounts 202468,4 k €↓
2023
Annual accounts 202387,4 k €↓
2022
Annual accounts 2022314,5 k €↑
2021
Annual accounts 202187,9 k €↓
2020
Annual accounts 2020207,7 k €↑
2019
Annual accounts 2019157,7 k €↓
2018
Annual accounts 2018290,5 k €↑
2017
Annual accounts 2017191,3 k €↓
2016
Annual accounts 2016222,2 k €↑
2015
Annual accounts 2015188,9 k €↓
2014
Annual accounts 20142,1 M €↑
2013
Annual accounts 2013-108,1 k €
19/09/2012
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

CIGLO HOLDING

Overview

What does CIGLO HOLDING do?

Trend over 13 financial years

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