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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Shrinking team NBB
FTE fell two years in a row, from 13.3 to 11.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
La Cigaliére from Mouscron, company number BE0442132334, closed financial year 2025 with a result of € 20,266 after tax. For that financial year La Cigaliére recorded a gross margin of € 846,099 and equity of € 405,561. Compared with financial year 2024, the result moved from € 47,035 to € 20,266. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 405,561
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,266
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 248,558
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
11
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 770,521
▲ 1% vs 2024
€ 70,000 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.
Debts at end 2025
€ 52,738
▼ 18% vs 2024
€ 11,626 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 9,276
Supplier invoices still open on the last day of the fiscal year.
€ 103,401
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 741,186 | € 786,679 | € 860,741 | € 846,099 | ▼ 2% |
| Profit after taxes | € 14,272 | € 23,583 | € 47,035 | € 20,266 | ▼ 57% |
| Equity | € 373,923 | € 373,332 | € 411,382 | € 405,561 | ▼ 1% |
| Total debts | € 188,893 | € 208,095 | € 190,201 | € 194,133 | ▲ 2% |
| Cash | € 130,446 | € 161,781 | € 227,929 | € 248,558 | ▲ 9% |
| Land & buildings | € 364,425 | € 357,932 | € 327,759 | € 318,105 | ▼ 3% |
| Retained profit | € 274,879 | € 298,462 | € 345,497 | € 365,763 | ▲ 6% |
| Bank debt | € 53,414 | € 75,211 | € 64,103 | € 52,738 | ▼ 18% |
| Balance sheet total | € 562,817 | € 581,426 | € 601,584 | € 599,694 | |
| Employees (FTE) | 11.5 | 13.3 | 11.5 | 11 | ▼ 0.5 |
Key figures of La Cigaliére, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to La Cigaliére?
What happened at La Cigaliére in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier CALLEWAERT stepped down as director. NBB
- Bernard HERLIN stepped down as director. NBB
- Stéphanie RYS stepped down as director. NBB
- Jean-Loup PECQUEREAU stepped down as director. NBB
- Dorothée TRUYE stepped down as director. NBB
- Virginie NAESSENS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 20,266 (▼ 57% vs 2024). Source: NBB ↗
- Hugues BAELEN stepped down as director. NBB
In short
From € 14,272 profit in 2022 to € 20,266 profit in 2025.
Best year ever: 2024, with € 47,035 profit.
On average € 76,900 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Stéphanie RYS
Director
since 2023 · until 2028
Olivier CALLEWAERT
Director
Also active at: NANUK, LE FOYER DE LA FRONTIERE ASSURANCES, PORT AUTONOME DU CENTRE ET DE L'OUEST
since 2025 · until 2030
Hugues BAELEN
Director
since 2021 · until 2026
Bernard HERLIN
Director
since 2025 · until 2030
Dorothée TRUYE
Director
Also active at: ACTALEX NOTAIRES ASSOCIES – GEASSOCIEERDE NOTARISSEN, IKIGAI BY DT
since 2022 · until 2027
Virginie NAESSENS
Director
since 2022 · until 2027
Jean-Loup PECQUEREAU
Director
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Kanadezenlaan(D) 84
7711 Mouscron
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.132.334
- VAT number
- BE 0442.132.334
- Registered office
- Kanadezenlaan(D) 84, 7711 Mouscron
- Names & denominations
- La Cigaliére
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 8 December 1989
- Peppol
- Not registered
- Activities · NACE
Activiteiten van dagcentra voor volwassenen met een mentale handicap, met inbegrip van ambulante hulpverlening
Beschutte werkplaatsen