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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2025.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
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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
CdMZ from Grimbergen, company number BE0463229339, closed financial year 2025 with a result of € -128,806 after tax. For that financial year CdMZ recorded a gross margin of € 75,495 and equity of € 3.7 million. Compared with financial year 2024, the result moved from € -96,101 to € -128,806. 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 October 9, 2026.
€ 3.7 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -128,806
▼ 34 % more loss than in 2024
Profit after tax over the fiscal year.
€ 14,487
▲ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -267,695.
Debts at end 2025
€ 2.2 million
▼ 2% vs 2024
€ 50,000 is repaid this year. At this pace the long-term loan is gone in ≈ 43 years.
€ 19,412
▲ € 15,412 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 98,066 | - | - | - | |
| Gross margin | € 86,741 | € 97,128 | € 88,519 | € 75,495 | ▼ 15% |
| Profit after taxes | € -96,210 | € -69,619 | € -96,101 | € -128,806 | ▼ € 32,705 |
| Equity | € 4,026,832 | € 3,957,212 | € 3,861,111 | € 3,732,305 | ▼ 3% |
| Total debts | € 2,328,243 | € 2,265,094 | € 2,218,437 | € 2,224,397 | |
| Cash | € 2,873,907 | € 62,912 | € 9,174 | € 14,487 | ▲ 58% |
| Land & buildings | € 3,469,024 | € 3,352,417 | € 3,235,557 | € 3,114,328 | ▼ 4% |
| Retained profit | € 26,832 | € -42,788 | € -138,889 | € -267,695 | ▼ € 128,806 |
| Bank debt | € 2,300,000 | € 2,250,000 | € 2,200,000 | € 2,150,000 | ▼ 2% |
| Balance sheet total | € 6,355,075 | € 6,222,306 | € 6,079,548 | € 5,956,702 | ▼ 2% |
Key figures of CdMZ, 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 CdMZ?
What happened at CdMZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel Cigrang stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Camille Cigrang stepped down as director. NBB
- Louis Cigrang stepped down as director. NBB
- Christian Cigrang stepped down as director. NBB
- Camille Cigrang became a director. NBB
- Louis Cigrang became a director. NBB
- Christian Cigrang became a director. NBB
In short
From € 96,210 loss in 2022 to € 128,806 loss in 2025.
Paid € 28,811 in corporate taxes since 2022.
Management
The stake of C.GEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CdMZThe shares are held by C.GEN (100%).
Directors
According to the 2025 annual accounts
Christian Cigrang
Director
Also active at: Compagnie de Manutention Groupe, CLCC, Classified Cycling
since 2024 · until 2025
since 2025 · until 2026
since 2025 · until 2026
Michel Cigrang
Director
Also active at: Compagnie de Manutention Groupe, BRAND WHITLOCK PROPERTY COMPANY, ALMARO
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Amandsstraat 93
1853 Grimbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →YAGRECO
ADELPHI
€ 294,102 gross margin · 2025
CONSULTINVEST
€ 79,272 gross margin · 2025
C.GEN same network
€ -14,805 gross margin · 2025
TRILITHON
+10 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
- 0463.229.339
- VAT number
- BE 0463.229.339
- Registered office
- Sint-Amandsstraat 93, 1853 Grimbergen
- Names & denominations
- CdMZ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 1998
- Peppol
- Not registered