What is the address of CIGAL DEVELOPPEMENT?

The registered office of CIGAL DEVELOPPEMENT is located at Rue de l'Informatique 20, 4460 Grâce-Hollogne.

Is CIGAL DEVELOPPEMENT still active?

Yes. According to the CBE (30 October 2026) CIGAL DEVELOPPEMENT is active, legal situation “Normale toestand”, started on 9 March 1998.

Is CIGAL DEVELOPPEMENT registered on Peppol?

Yes, CIGAL DEVELOPPEMENT is registered on the Peppol network with ID 0208:0462797490.

What is the enterprise number of CIGAL DEVELOPPEMENT?

The enterprise number of CIGAL DEVELOPPEMENT is BE0462797490.

When was CIGAL DEVELOPPEMENT founded?

CIGAL DEVELOPPEMENT was founded on 9 March 1998.

Who are the directors of CIGAL DEVELOPPEMENT?

According to the 2025 annual accounts, the directors of CIGAL DEVELOPPEMENT are: FEED & FOOD MANAGEMENT SRL, ATOL MANAGEMENT SRL.

Is CIGAL DEVELOPPEMENT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 March 1998; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did CIGAL DEVELOPPEMENT make in 2025?

CIGAL DEVELOPPEMENT posted a profit after taxes of € 228,074 in financial year 2025.

What is the revenue of CIGAL DEVELOPPEMENT?

As a small company, CIGAL DEVELOPPEMENT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 739,709.

How much does an employee at CIGAL DEVELOPPEMENT earn?

The average wage cost per full-time employee at CIGAL DEVELOPPEMENT was € 64,800 in 2025: staff costs of € 323,880 for 5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CIGAL DEVELOPPEMENT have?

According to the 2025 annual accounts, CIGAL DEVELOPPEMENT has 5 full-time equivalents (FTE).

Does CIGAL DEVELOPPEMENT have a website?

Yes, CIGAL DEVELOPPEMENT has a website at myriad.be.

CIGAL DEVELOPPEMENT (Public Limited) - Grâce-Hollogne

Q: What does CIGAL DEVELOPPEMENT do?

CIGAL DEVELOPPEMENT is registered with the CBE as active in: Administratieve en ondersteunende activiteiten ten behoeve van kantoren. Public Limited, started on 9 March 1998, 1 establishment.

Dossier CIGAL DEVELOPPEMENT, printed on 30 October 2026 from databakkes.be/en/0462797490/cigal-developpement. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CIGAL DEVELOPPEMENT from Grâce-Hollogne, company number BE0462797490, closed financial year 2025 with a result of € 228,074 after tax. For that financial year CIGAL DEVELOPPEMENT recorded a gross margin of € 739,709 and equity of € 584,886. Compared with financial year 2024, the result moved from € 120,859 to € 228,074. 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 December 19, 2025.

What it is worth Growing

€ 584,886

▲ 13% vs 2024

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

Profit Growing

€ 228,074

▲ 89% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 331,526

▲ 32% vs 2024

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

Where the profit goes Pays out

€ 150,000 paid out

66 % of the profit went to the shareholders, mostly to ATOL MANAGEMENT (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

▼ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 323,880

▲ 2% vs 2024

€ 64,800 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.

Vehicles and equipment

€ 31,493

▼ 46% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 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.

€ 561,548

▼ 16% vs 2024

€ 65,587 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 200,455

▲ 9% vs 2024

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

Taxes and wages

€ 64,050

▼ 1% 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	€ 695,148 Gross margin 2022: € 695,148 First fiscal year in the series	€ 666,154 Gross margin 2023: € 666,154 ▼ 4% vs 2022 (€ 695,148) Unfavourable step	€ 602,893 Gross margin 2024: € 602,893 ▼ 9% vs 2023 (€ 666,154) Unfavourable step	€ 739,709 Gross margin 2025: € 739,709 ▲ 23% vs 2024 (€ 602,893) Favourable step	▲ 23%
Profit after taxes	€ 281,197 Profit after taxes 2022: € 281,197 First fiscal year in the series	€ 216,404 Profit after taxes 2023: € 216,404 ▼ 23% vs 2022 (€ 281,197) Unfavourable step	€ 120,859 Profit after taxes 2024: € 120,859 ▼ 44% vs 2023 (€ 216,404) Unfavourable step	€ 228,074 Profit after taxes 2025: € 228,074 ▲ 89% vs 2024 (€ 120,859) Favourable step	▲ 89%
Equity	€ 426,387 Equity 2022: € 426,387 First fiscal year in the series	€ 484,898 Equity 2023: € 484,898 ▲ 14% vs 2022 (€ 426,387) Favourable step	€ 516,554 Equity 2024: € 516,554 ▲ 7% vs 2023 (€ 484,898) Favourable step	€ 584,886 Equity 2025: € 584,886 ▲ 13% vs 2024 (€ 516,554) Favourable step	▲ 13%
Total debts	€ 1,403,450 Total debts 2022: € 1,403,450 First fiscal year in the series	€ 1,277,650 Total debts 2023: € 1,277,650 ▼ 9% vs 2022 (€ 1,403,450) Favourable step	€ 1,054,193 Total debts 2024: € 1,054,193 ▼ 17% vs 2023 (€ 1,277,650) Favourable step	€ 991,839 Total debts 2025: € 991,839 ▼ 6% vs 2024 (€ 1,054,193) Favourable step	▼ 6%
Cash	€ 463,005 Cash 2022: € 463,005 First fiscal year in the series	€ 350,727 Cash 2023: € 350,727 ▼ 24% vs 2022 (€ 463,005) Unfavourable step	€ 251,920 Cash 2024: € 251,920 ▼ 28% vs 2023 (€ 350,727) Unfavourable step	€ 331,526 Cash 2025: € 331,526 ▲ 32% vs 2024 (€ 251,920) Favourable step	▲ 32%
Land & buildings	€ 723,002 Land & buildings 2022: € 723,002 First fiscal year in the series	€ 698,566 Land & buildings 2023: € 698,566 ▼ 3% vs 2022 (€ 723,002) Unchanged	€ 666,924 Land & buildings 2024: € 666,924 ▼ 5% vs 2023 (€ 698,566) Unchanged	€ 614,159 Land & buildings 2025: € 614,159 ▼ 8% vs 2024 (€ 666,924) Unchanged	▼ 8%
Retained profit	€ 334,708 Retained profit 2022: € 334,708 First fiscal year in the series	€ 395,218 Retained profit 2023: € 395,218 ▲ 18% vs 2022 (€ 334,708) Favourable step	€ 410,406 Retained profit 2024: € 410,406 ▲ 4% vs 2023 (€ 395,218) Favourable step	€ 482,775 Retained profit 2025: € 482,775 ▲ 18% vs 2024 (€ 410,406) Favourable step	▲ 18%
Dividend	€ 150,000 Dividend 2022: € 150,000 First fiscal year in the series	€ 150,000 Dividend 2023: € 150,000 Unchanged (€ 150,000) Unchanged	€ 100,000 Dividend 2024: € 100,000 ▼ 33% vs 2023 (€ 150,000) Unchanged	€ 150,000 Dividend 2025: € 150,000 ▲ 50% vs 2024 (€ 100,000) Unchanged	▲ 50%
Bank debt	€ 817,297 Bank debt 2022: € 817,297 First fiscal year in the series	€ 695,281 Bank debt 2023: € 695,281 ▼ 15% vs 2022 (€ 817,297) Favourable step	€ 670,160 Bank debt 2024: € 670,160 ▼ 4% vs 2023 (€ 695,281) Favourable step	€ 561,548 Bank debt 2025: € 561,548 ▼ 16% vs 2024 (€ 670,160) Favourable step	▼ 16%
Balance sheet total	€ 1,858,586 Balance sheet total 2022: € 1,858,586 First fiscal year in the series	€ 1,762,548 Balance sheet total 2023: € 1,762,548 ▼ 5% vs 2022 (€ 1,858,586) Unchanged	€ 1,570,747 Balance sheet total 2024: € 1,570,747 ▼ 11% vs 2023 (€ 1,762,548) Unchanged	€ 1,576,725 Balance sheet total 2025: € 1,576,725 Unchanged (€ 1,570,747) Unchanged
Employees (FTE)	5.3 Employees (FTE) 2022: 5.3 First fiscal year in the series	5.6 Employees (FTE) 2023: 5.6 ▲ 0.3 vs 2022 (5.3) Unchanged	5.6 Employees (FTE) 2024: 5.6 Unchanged (5.6) Unchanged	5 Employees (FTE) 2025: 5 ▼ 0.6 vs 2024 (5.6) Unchanged	▼ 0.6

Key figures of CIGAL DEVELOPPEMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to CIGAL DEVELOPPEMENT?

What happened at CIGAL DEVELOPPEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 FEED & FOOD MANAGEMENT SRL stepped down as director. NBB
2029 ATOL MANAGEMENT SRL stepped down as director. NBB
Dec 19, 2025 New annual accounts for financial year 2025: profit of € 228,074 (▲ 89% vs 2024). Source: NBB ↗
Mar 16, 1998 New establishment in Grâce-Hollogne. KBO
Mar 9, 1998 Start of the company according to the CBE. KBO

In short

From € 281,197 profit in 2022 to € 228,074 profit in 2025.

Paid € 64,802 in corporate taxes since 2022.

Best year ever: 2022, with € 281,197 profit.

On average € 147,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ATOL MANAGEMENT 100%

The stake of ATOL MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CIGAL DEVELOPPEMENT

The shares are held by ATOL MANAGEMENT (100%).

Directors

According to the 2025 annual accounts

FEED & FOOD MANAGEMENT SRL

Director · represented by BROUWERS BENOÎT

Also active at: ATOL MANAGEMENT, Les Moulins du Val-Dieu

· until 2029

ATOL MANAGEMENT SRL

Managing director · represented by TOMBEUR OLIVIER

· until 2029

Shareholders

ATOL MANAGEMENT

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de l'Informatique 20

4460 Grâce-Hollogne

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 →

Imprimerie wallonne des Communes

€ 52,892 gross margin · 2025

OT LIVE MANAGEMENT

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

Website

HTTPS myriad.be

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Email provider

Microsoft 365

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OVH, FR

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HTTPS Ja

Languages FR, NL

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Details

Company number

0462.797.490

VAT number

BE 0462.797.490

Registered office

Rue de l'Informatique 20, 4460 Grâce-Hollogne

Names & denominations

CIGAL DEVELOPPEMENT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 March 1998

Peppol

Active · Active since 29 Dec 2025

Contact

myriad.be

Activities · NACE

Administratieve en ondersteunende activiteiten ten behoeve van kantoren

Behandeling van post

Overige zakelijke dienstverlening, neg

Overige zakelijke dienstverlening, n.e.g.

Diverse administratieve activiteiten ten behoeve van kantoren

View on CBE Public ↗ Annual accounts (NBB) ↗

CIGAL DEVELOPPEMENT

Financials

What happened to CIGAL DEVELOPPEMENT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions