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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
CYNAP from Chaudfontaine, company number BE0449509876, closed financial year 2024 with a result of € -31,541 after tax. For that financial year CYNAP recorded revenue of € 132,319 and equity of € 1.9 million. Compared with financial year 2023, the result moved from € 1.1 million to € -31,541. The company made a loss. 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 November 12, 2025.
€ 1.9 million
▼ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,541
▼ still € 1.1 million profit in 2023
Profit after tax over the fiscal year.
€ 2,900
▼ 96% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 863,326.
Debts at end 2024
€ 744,057
▼ 4% vs 2023
€ 42,707 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 70,778
▼ 75% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 579,041
▲ 49% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 288,629 | € 132,319 | ▼ 54% |
| Gross margin | € -13,884 | € -1,695 | € 113,939 | € 62,022 | ▼ 46% |
| Profit after taxes | € -8,985 | € -59,376 | € 1,128,880 | € -31,541 | ▼ € 1.2 million |
| Equity | € 822,516 | € 763,139 | € 1,892,019 | € 1,860,478 | ▼ 2% |
| Total debts | € 1,335,970 | € 1,382,181 | € 2,445,949 | € 2,613,836 | ▲ 7% |
| Cash | € 42,333 | € 21,080 | € 79,944 | € 2,900 | ▼ 96% |
| Land & buildings | € 336,660 | € 327,809 | € 1,520,720 | € 1,632,766 | ▲ 7% |
| Retained profit | € -174,636 | € -234,012 | € 894,867 | € 863,326 | ▼ 4% |
| Bank debt | € 0 | € 0 | € 774,659 | € 744,057 | ▼ 4% |
| Balance sheet total | € 2,276,113 | € 2,211,813 | € 4,403,325 | € 4,539,671 | ▲ 3% |
Key figures of CYNAP, 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 CYNAP?
What happened at CYNAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 31,541 (▼ € 1.2 million vs 2023). filed late Source: NBB ↗
- ENLAMAS SRL stepped down as director. NBB
- Richard VIGNETTE stepped down as director. NBB
- Richard VIGNETTE became a director. NBB
- ENLAMAS SRL became a director. NBB
- New establishment in Chaudfontaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,985 loss in 2021 to € 31,541 loss in 2024.
Paid € 383 in corporate taxes since 2021.
Best year ever: 2023, with € 1.1 million profit.
Management
The stake of NETWORK GLOBAL MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CYNAPThe shares are held by NETWORK GLOBAL MANAGEMENT.
Directors
According to the 2024 annual accounts
Director · represented by Jean-François NAA
Also active at: Société Couvinoise des Carburants, MISSIL PETROLEUM, OPEN RETAIL SERVICES
since 2018 · until 2024
since 2021 · until 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Bruyères 90
4052 Chaudfontaine
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0449.509.876
- VAT number
- BE 0449.509.876
- Registered office
- Rue des Bruyères 90, 4052 Chaudfontaine
- Names & denominations
- CYNAP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1993
- Peppol
- Not registered
- Activities · NACE
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