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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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2026; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 7.5 to 4.8.
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Busy address KBO
72 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
LES CYGNES from Tournai, company number BE0423378373, closed financial year 2026 with a result of € 252,673 after tax. For that financial year LES CYGNES recorded a gross margin of € 773,678 and equity of € 655,788. Compared with financial year 2025, the result moved from € -130,202 to € 252,673. 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 July 24, 2026.
€ 655,788
▲ 63% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 252,673
▲ still € 130,202 loss in 2025
Profit after tax over the fiscal year.
€ 601,886
▲ € 521,015 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 € 118,588.
People and assets in 2026
4.8
▼ 2.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 199,694
▼ 19% vs 2025
€ 41,600 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.
€ 24,612
▼ 31% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.4 million
▼ 27% vs 2025
€ 236,149 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 7,549
▼ 96% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 16,542
▼ 78% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 618,094 | € 489,903 | € 501,813 | € 773,678 | ▲ 54% |
| Profit after taxes | € 15,169 | € -123,778 | € -130,202 | € 252,673 | ▲ € 382,874 |
| Equity | € 657,094 | € 533,316 | € 403,115 | € 655,788 | ▲ 63% |
| Total debts | € 2,943,797 | € 2,884,622 | € 2,630,730 | € 1,867,995 | ▼ 29% |
| Cash | € 70,111 | € 154,978 | € 80,871 | € 601,886 | ▲ € 521,015 |
| Land & buildings | € 2,187,891 | € 2,144,564 | € 2,063,859 | € 1,811,068 | ▼ 12% |
| Retained profit | € 119,894 | € -3,884 | € -134,085 | € 118,588 | ▲ € 252,673 |
| Bank debt | € 2,437,678 | € 2,190,287 | € 1,928,326 | € 1,401,341 | ▼ 27% |
| Balance sheet total | € 3,600,891 | € 3,417,939 | € 3,033,845 | € 2,523,782 | ▼ 17% |
| Employees (FTE) | 7.9 | 7.5 | 7.1 | 4.8 | ▼ 2.3 |
Key figures of LES CYGNES, 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 LES CYGNES?
What happened at LES CYGNES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 252,673. Source: NBB ↗
- New establishment in Ath. KBO
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,169 profit in 2023 to € 252,673 profit in 2026.
Best year ever: 2026, with € 252,673 profit.
On average € 161,200 of value added per employee in 2026.
Establishments
Establishment units
Physical locations of this company
Chaussée de Tournai(R-C) 52 box 1
7520 Tournai
Rue de la Borgnette(FRY) 40
7503 Tournai
Active since 11 December 2002
Chaussée de Tournai 30
7800 Ath
Active since 1 August 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 72 companies are registered at this address.
All companies at this address →PASQUIER IMMO
€ -7,299 gross margin · 2025
NEPTUNIA CAPTAIN
€ 11.8 million revenue · 2025
ORCHIDEES - MOUSCRON
€ 474,131 gross margin · 2025
VDIB HOLDING
€ -24,751 gross margin · 2025
AXITEAM CONSULTING
€ 251,150 gross margin · 2025
+67 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
- 0423.378.373
- VAT number
- BE 0423.378.373
- Registered office
- Chaussée de Tournai(R-C) 52 bus 1, 7520 Tournai
- Names & denominations
- LES CYGNES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1982
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Detailhandel in schoeisel