Financials
Financial year 2025
CYGNUS ADVOCATEN from Brugge, company number BE0446760521, closed financial year 2025 with a result of € 334,336 after tax. For that financial year CYGNUS ADVOCATEN recorded a gross margin of € 912,636 and equity of € 402,503. Compared with financial year 2024, the result moved from € 556,675 to € 334,336. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 402,503
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 334,336
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 654,575
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 325,500 paid out
97 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 477,713
▲ 14% vs 2024
€ 93,700 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.
€ 51,881
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 155,888
▼ 21% vs 2024
€ 42,813 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 763,071
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,727
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 918,813 | € 1,028,044 | € 1,108,359 | € 912,636 | ▼ 18% |
| Profit after taxes | € 307,308 | € 358,523 | € 556,675 | € 334,336 | ▼ 40% |
| Equity | € 369,002 | € 373,991 | € 393,666 | € 402,503 | ▲ 2% |
| Total debts | € 1,411,169 | € 1,314,925 | € 1,300,475 | € 1,334,071 | ▲ 3% |
| Cash | € 449,171 | € 468,061 | € 739,105 | € 654,575 | ▼ 11% |
| Land & buildings | € 195,908 | € 178,702 | € 161,497 | € 144,291 | ▼ 11% |
| Retained profit | € 305,469 | € 313,991 | € 327,584 | € 336,420 | ▲ 3% |
| Dividend | € 307,000 | € 350,000 | € 537,000 | € 325,500 | ▼ 39% |
| Bank debt | € 224,162 | € 187,193 | € 197,988 | € 155,888 | ▼ 21% |
| Balance sheet total | € 1,780,170 | € 1,688,917 | € 1,694,141 | € 1,736,574 | ▲ 3% |
| Employees (FTE) | 8.6 | 7 | 4.9 | 5.1 | ▲ 0.2 |
Key figures of CYGNUS ADVOCATEN, 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 CYGNUS ADVOCATEN?
What happened at CYGNUS ADVOCATEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 334,336 (▼ 40% vs 2024). filed late Source: NBB ↗
- New establishment in Oostende. KBO
- Neil Braeckevelt BV became a director. NBB
- Alex De Visscher BV became a director. NBB
- Bram Baert BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 307,308 profit in 2022 to € 334,336 profit in 2025.
Paid € 38,404 in corporate taxes since 2022.
Best year ever: 2024, with € 556,675 profit.
On average € 178,900 of value added per employee in 2025.
A new publication or filing at CYGNUS ADVOCATEN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CYGNUS ADVOCATEN are Neil Braeckevelt BV, Alex De Visscher BV and Bram Baert BV.
Directors
According to the 2025 annual accounts
Director · represented by Neil Braeckevelt
since 2023
Director · represented by Alex De Visscher
since 2011
Director · represented by Bram Baert
since 2008
Establishments
Establishment units
Physical locations of this company
Ezelstraat 25
8000 Brugge
Zilverlaan 305
8400 Oostende
Active since 1 March 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Scheidsrechterlijke Kamer van het Bouwbedrijf van het Arrondissement Brugge
Nationaal Verbond der Wegenbouwers Afdeling West Vlaanderen
Patronale Vereveningsdienst voor het Gewaarborgd Weekloon in de Bouwnijverheid van West Vlaanderen
CREON CONSTRUCT
€ 0 gross margin · 2022
BOUWCALC
+4 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
- 0446.760.521
- VAT number
- BE 0446.760.521
- Registered office
- Ezelstraat 25, 8000 Brugge
- Names & denominations
- CYGNUS ADVOCATEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 1992
- Peppol
- Active · Active since 4 Jan 2026
- Activities · NACE
Activiteiten van advocaten
Advocatenkantoor en juridische adviseurs