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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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
HUGUES CISELET from Sint-Genesius-Rode, company number BE0473717415, closed financial year 2024 with a result of € -190,502 after tax. For that financial year HUGUES CISELET recorded a gross margin of € -119,525 and equity of € 387,810. Compared with financial year 2023, the result moved from € 32,341 to € -190,502. The company made a loss. The buffer shrank hard: equity is 72 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2025.
€ 387,810
▼ 72% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -190,502
▼ still € 32,341 profit in 2023
Profit after tax over the fiscal year.
€ 11,562
▼ 91% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 369,210.
People and assets in 2024
€ 50,205
▼ 28% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.4 million
€ 42,453 is repaid this year. At this pace the long-term loan is gone in ≈ 56 years.
€ 34,592
▲ 80% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,205
▲ 140% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 145,961 | € -22,449 | € 124,972 | € -119,525 | ▼ € 244,498 |
| Profit after taxes | € 69,084 | € -130,493 | € 32,341 | € -190,502 | ▼ € 222,843 |
| Equity | € 1,466,132 | € 1,335,639 | € 1,367,980 | € 387,810 | ▼ 72% |
| Total debts | € 3,493,091 | € 3,479,335 | € 3,441,908 | € 3,938,963 | ▲ 14% |
| Cash | € 171,028 | € 124,725 | € 128,908 | € 11,562 | ▼ 91% |
| Land & buildings | € 575,109 | € 534,434 | € 493,759 | € 453,084 | ▼ 8% |
| Retained profit | € 1,447,532 | € 1,317,039 | € 1,349,380 | € 369,210 | ▼ 73% |
| Dividend | € 397,563 | € 0 | € 0 | € 789,668 | |
| Bank debt | € 2,351,996 | € 2,406,156 | € 2,401,667 | € 2,395,518 | |
| Balance sheet total | € 4,959,223 | € 4,814,975 | € 4,809,888 | € 4,326,774 | ▼ 10% |
Key figures of HUGUES CISELET, 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 HUGUES CISELET?
What happened at HUGUES CISELET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 190,502 (▼ € 222,843 vs 2023). filed late Source: NBB ↗
- New establishment in Lasne. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,084 profit in 2021 to € 190,502 loss in 2024.
Paid € 41,952 in corporate taxes since 2021.
Best year ever: 2021, with € 69,084 profit.
Paid out € 1.2 million in dividends to the owners in total.
Management
Behind HUGUES CISELET is Hugues CISELET. It owns 100% of GIL & Co INTERNATIONAL, 75% of CAAZ SA, 25% of CETIM SARL, 25% of MITEC 181 and 14.3% of CETIM PROJECTS SA itself.
Directors
According to the 2024 annual accounts
Hugues CISELET
Director
Establishments
Establishment units
Physical locations of this company
Grote Hutsesteenweg 170B
1640 Sint-Genesius-Rode
Clos des Faisans 2
1380 Lasne
Active since 24 January 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.717.415
- VAT number
- BE 0473.717.415
- Registered office
- Grote Hutsesteenweg 170B, 1640 Sint-Genesius-Rode
- Names & denominations
- HUGUES CISELET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2001
- Peppol
- Active · Active since 18 Mar 2026
- Activities · NACE
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