What does LE CYGNE BLANC do?

LE CYGNE BLANC is a campsite in Spa. Public Limited, started on 28 December 1990, 1 establishment.

What is the address of LE CYGNE BLANC?

The registered office of LE CYGNE BLANC is located at Rue de l'Hôtel de Ville 8, 4900 Spa.

Is LE CYGNE BLANC still active?

Yes. According to the CBE (29 October 2026) LE CYGNE BLANC is active, legal situation “Normale toestand”, started on 28 December 1990.

Is LE CYGNE BLANC registered on Peppol?

Yes, LE CYGNE BLANC is registered on the Peppol network with ID 0208:0442860428.

What is the enterprise number of LE CYGNE BLANC?

The enterprise number of LE CYGNE BLANC is BE0442860428.

When was LE CYGNE BLANC founded?

LE CYGNE BLANC was founded on 28 December 1990.

Who are the directors of LE CYGNE BLANC?

According to the 2025 annual accounts, the directors of LE CYGNE BLANC are: INVEST MINGUET GESTION, Christophe VERTCOUR, Isabelle BUENDIA AULET.

Is LE CYGNE BLANC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 December 1990; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did LE CYGNE BLANC make in 2025?

LE CYGNE BLANC posted a profit after taxes of € 14,396 in financial year 2025.

What is the revenue of LE CYGNE BLANC?

As a small company, LE CYGNE BLANC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 98,349.

LE CYGNE BLANC (Public Limited) - Spa - BE0442860428

Dossier LE CYGNE BLANC, printed on 29 October 2026 from databakkes.be/en/0442860428/le-cygne-blanc. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

LE CYGNE BLANC from Spa, company number BE0442860428, closed financial year 2025 with a result of € 14,396 after tax. For that financial year LE CYGNE BLANC recorded a gross margin of € 98,349 and equity of € 30,779. Compared with financial year 2024, the result moved from € 11,866 to € 14,396. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.

What it is worth Growing

€ 30,779

▲ 88% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 14,396

▲ 21% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8,637

▲ 46% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -113,221.

People and assets in 2025

Wage cost

€ 74,588

▼ 3% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1,361

▼ 50% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 28,634

€ 5,735 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 5,522

▲ 54% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 10,010

▲ 19% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 67,680 Gross margin 2022: € 67,680 First fiscal year in the series	€ 108,005 Gross margin 2023: € 108,005 ▲ 60% vs 2022 (€ 67,680) Favourable step	€ 94,741 Gross margin 2024: € 94,741 ▼ 12% vs 2023 (€ 108,005) Unfavourable step	€ 98,349 Gross margin 2025: € 98,349 ▲ 4% vs 2024 (€ 94,741) Favourable step	▲ 4%
Profit after taxes	€ -18,826 Profit after taxes 2022: € -18,826 First fiscal year in the series	€ 22,935 Profit after taxes 2023: € 22,935 ▲ € 41,761 vs 2022 (€ -18,826) Favourable step	€ 11,866 Profit after taxes 2024: € 11,866 ▼ 48% vs 2023 (€ 22,935) Unfavourable step	€ 14,396 Profit after taxes 2025: € 14,396 ▲ 21% vs 2024 (€ 11,866) Favourable step	▲ 21%
Equity	€ -18,417 Equity 2022: € -18,417 First fiscal year in the series	€ 4,517 Equity 2023: € 4,517 ▲ € 22,935 vs 2022 (€ -18,417) Favourable step	€ 16,383 Equity 2024: € 16,383 ▲ 263% vs 2023 (€ 4,517) Favourable step	€ 30,779 Equity 2025: € 30,779 ▲ 88% vs 2024 (€ 16,383) Favourable step	▲ 88%
Total debts	€ 45,421 Total debts 2022: € 45,421 First fiscal year in the series	€ 37,315 Total debts 2023: € 37,315 ▼ 18% vs 2022 (€ 45,421) Favourable step	€ 30,046 Total debts 2024: € 30,046 ▼ 19% vs 2023 (€ 37,315) Favourable step	€ 56,852 Total debts 2025: € 56,852 ▲ 89% vs 2024 (€ 30,046) Unfavourable step	▲ 89%
Cash	€ 3,552 Cash 2022: € 3,552 First fiscal year in the series	€ 7,492 Cash 2023: € 7,492 ▲ 111% vs 2022 (€ 3,552) Favourable step	€ 5,899 Cash 2024: € 5,899 ▼ 21% vs 2023 (€ 7,492) Unfavourable step	€ 8,637 Cash 2025: € 8,637 ▲ 46% vs 2024 (€ 5,899) Favourable step	▲ 46%
Retained profit	€ -162,417 Retained profit 2022: € -162,417 First fiscal year in the series	€ -139,483 Retained profit 2023: € -139,483 ▲ € 22,935 vs 2022 (€ -162,417) Favourable step	€ -127,617 Retained profit 2024: € -127,617 ▲ € 11,866 vs 2023 (€ -139,483) Favourable step	€ -113,221 Retained profit 2025: € -113,221 ▲ € 14,396 vs 2024 (€ -127,617) Favourable step	▲ € 14,396
Bank debt	€ 12,225 Bank debt 2022: € 12,225 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 12,225) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 28,634 Bank debt 2025: € 28,634 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 27,003 Balance sheet total 2022: € 27,003 First fiscal year in the series	€ 41,832 Balance sheet total 2023: € 41,832 ▲ 55% vs 2022 (€ 27,003) Unchanged	€ 46,429 Balance sheet total 2024: € 46,429 ▲ 11% vs 2023 (€ 41,832) Unchanged	€ 87,631 Balance sheet total 2025: € 87,631 ▲ 89% vs 2024 (€ 46,429) Unchanged	▲ 89%

Key figures of LE CYGNE BLANC, 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 LE CYGNE BLANC?

What happened at LE CYGNE BLANC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 21, 2026 New annual accounts for financial year 2025: profit of € 14,396 (▲ 21% vs 2024). Source: NBB ↗
Feb 8, 1991 New establishment in Spa. KBO
Dec 28, 1990 Start of the company according to the CBE. KBO

In short

From € 18,826 loss in 2022 to € 14,396 profit in 2025.

Paid € 299 in corporate taxes since 2022.

Best year ever: 2023, with € 22,935 profit.

Original PDFs at the National Bank ↗

Management

INVEST MINGUET GESTION Christophe VERTCOUR Isabelle BUENDIA AULET

ALL THERMIC SOLUTIONS

MARTINE & Co

LES VILLAS DE BALMORAL

LE CYGNE BLANC

+15

Behind LE CYGNE BLANC are INVEST MINGUET GESTION, Christophe VERTCOUR and Isabelle BUENDIA AULET. INVEST MINGUET GESTION is also behind ALL THERMIC SOLUTIONS, MARTINE & Co, LES VILLAS DE BALMORAL, FLY WIN and NEXT ENERGY.

Directors

According to the 2025 annual accounts

INVEST MINGUET GESTION

Director · represented by Laurent MINGUET

Also active at: ALL THERMIC SOLUTIONS, MARTINE & Co, LES VILLAS DE BALMORAL, FLY WIN, NEXT ENERGY, FLERON CONSTRUCT, HOLDING MINGUET MORTIER, HOSE +10 more

Christophe VERTCOUR

Director

Isabelle BUENDIA AULET

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de l'Hôtel de Ville 8

4900 Spa

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0442.860.428

VAT number

BE 0442.860.428

Registered office

Rue de l'Hôtel de Ville 8, 4900 Spa

Names & denominations

LE CYGNE BLANC

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 December 1990

Peppol

Active · Active since 6 Oct 2025

Activities · NACE

Fastfoodzaken, snackbars, frituren en dergelijke

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Vervaardiging van roomijs en ander consumptie-ijs

Vervaardiging van consumptie-ijs

Eetgelegenheden met beperkte bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

LE CYGNE BLANC

Warning lights

Financials

What happened to LE CYGNE BLANC?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions