Financials
Financial year 2026
Cincom Systems International from Oudergem, company number BE0412655024, closed financial year 2026 with a result of € 913,280 after tax. For that financial year Cincom Systems International recorded revenue of € 3.3 million and equity of € 2.1 million. Compared with financial year 2025, the result moved from € 347,523 to € 913,280. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2026.
€ 2.1 million
▲ 75% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 913,280
▲ 163% vs 2025
Profit after tax over the fiscal year.
€ 76,450
▼ 33% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 2.1 million.
People and assets in 2026
4
Average over the fiscal year, from the social balance sheet.
€ 290,722
▲ 102% vs 2025
€ 72,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,888
▼ 43% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 724,352
▼ 4% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 387,388
▲ 42% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 2,487,795 | € 3,335,953 | € 1,675,870 | € 3,339,691 | ▲ 99% |
| Gross margin | - | - | € 621,043 | € 1,280,241 | ▲ 106% |
| Profit after taxes | € 320,239 | € 789,678 | € 347,523 | € 913,280 | ▲ 163% |
| Equity | € 1,778,416 | € 866,678 | € 1,214,201 | € 2,127,481 | ▲ 75% |
| Total debts | € 1,539,847 | € 1,764,360 | € 1,667,377 | € 4,054,042 | ▲ 143% |
| Cash | € 704,899 | € 1,028,687 | € 113,366 | € 76,450 | ▼ 33% |
| Retained profit | € 1,708,416 | € 796,678 | € 1,144,201 | € 2,057,481 | ▲ 80% |
| Dividend | € 0 | € 1,701,416 | € 0 | € 0 | |
| Balance sheet total | € 3,318,263 | € 2,631,038 | € 2,881,578 | € 6,181,523 | ▲ 115% |
| Employees (FTE) | 5 | 5 | 4 | 4 |
Key figures of Cincom Systems International, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Cincom Systems International?
What happened at Cincom Systems International in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Karl William Gilbank stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 913,280 (▲ 163% vs 2025). Source: NBB ↗
- Karl William Gilbank became a director. NBB
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 320,239 profit in 2023 to € 913,280 profit in 2026.
Paid € 626,364 in corporate taxes since 2023.
Best year ever: 2026, with € 913,280 profit.
On average € 320,100 of value added per employee in 2026.
Management
The shares are held by Cincom Systems, Inc. (100%). It owns 100% of Cincom Iberia SA itself.
Directors
According to the 2026 annual accounts
Karl William Gilbank
Director
since 2024 · until 2030
Shareholders
Cincom Systems, Inc.
100%
Participations
Cincom Iberia SA
100%
Establishments
Establishment units
Physical locations of this company
Herrmann-Debrouxlaan 40/42
1160 Oudergem
Herrmann-Debrouxlaan 40-42
1160 Oudergem
Active since 1 November 1973
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →International Yehudi Menuhin Foundation
Executives' Global Network Belgium
€ 592,949 gross margin · 2025
TACTIM
€ 183,755 gross margin · 2025
CARIS
€ 369,752 gross margin · 2025
E.I.G. CONCEPT
€ 50,521 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.655.024
- VAT number
- BE 0412.655.024
- Registered office
- Herrmann-Debrouxlaan 40/42, 1160 Oudergem
- Names & denominations
- Cincom Systems International
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 1972
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computeradviesbureaus
Computerconsultancy-activiteiten
Groothandel in overige kantoormachines en kantoorbenodigdheden
Groothandel in informatie- en communicatieapparatuur
Groothandel in andere kantoormachines en kantoorbenodigdheden, met uitzondering van computers en randapparatuur