Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
C.I.G. from Brasschaat, company number BE0418580833, closed financial year 2024 with a result of € -42,334 after tax. For that financial year C.I.G. recorded a gross margin of € 129,940 and equity of € -156,353. Compared with financial year 2023, the result moved from € -107,185 to € -42,334. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2025.
€ -156,353
▼ € 42,334 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -42,334
▲ 61 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1,860
▼ 80% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -342,353.
People and assets in 2024
€ 3,701
▲ € 2,847 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 173,928
▲ € 167,177 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,697
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 652 | € -96,584 | € -105,835 | € 129,940 | ▲ € 235,776 |
| Profit after taxes | € -90,106 | € -171,610 | € -107,185 | € -42,334 | ▲ € 64,851 |
| Equity | € 164,777 | € -6,834 | € -114,019 | € -156,353 | ▼ € 42,334 |
| Total debts | € 399,730 | € 464,723 | € 281,713 | € 233,075 | ▼ 17% |
| Cash | € 9,937 | € 1,046 | € 9,540 | € 1,860 | ▼ 80% |
| Retained profit | € -21,223 | € -192,834 | € -300,019 | € -342,353 | ▼ € 42,334 |
| Bank debt | € 3,837 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 564,507 | € 457,889 | € 167,694 | € 76,722 | ▼ 54% |
Key figures of C.I.G., fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to C.I.G.?
What happened at C.I.G. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
C.I.G. is active according to the CBE. Legal situation: Opening faillissement.
- Jozef Restiau stepped down as director. NBB
- Frank Stockmans stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 42,334. Source: NBB ↗
- Jozef Restiau became a director. NBB
- Frank Stockmans became a director. NBB
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 90,106 loss in 2021 to € 42,334 loss in 2024.
Paid € 64,700 in corporate taxes since 2021.
Management
The stake of R.V.S. VASTGOED comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
C.I.G.The shares are held by R.V.S. VASTGOED (99.2%).
Directors
According to the 2024 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Shareholders
99.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bredabaan 197
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
KINAMO-BACKBONE, BE
Website info
Features
Security
Details
- Company number
- 0418.580.833
- VAT number
- BE 0418.580.833
- Registered office
- Bredabaan 197, 2930 Brasschaat
- Names & denominations
- C.I.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 13 June 1978
- Peppol
- Active · Active since 18 Nov 2025
- Contact
- cityimmo.be
- Activities · NACE
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