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 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CYGNOR from Gent, company number BE0515947552, closed financial year 2025 with a result of € 986 after tax. For that financial year CYGNOR recorded a gross margin of € 48,221 and equity of € 189,056. Compared with financial year 2024, the result moved from € -10,098 to € 986. 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 July 26, 2026.
€ 189,056
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 986
▲ still € 10,098 loss in 2024
Profit after tax over the fiscal year.
€ 20,099
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 170,456.
People and assets in 2025
€ 16,922
▲ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16,987
▼ 50% vs 2024
€ 4,287 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 55,794
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,071
▼ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 141,051 | € 105,158 | € 35,486 | € 48,221 | ▲ 36% |
| Profit after taxes | € 76,435 | € 39,541 | € -10,098 | € 986 | ▲ € 11,083 |
| Equity | € 158,627 | € 198,168 | € 188,071 | € 189,056 | ▲ 1% |
| Total debts | € 178,288 | € 141,578 | € 185,977 | € 171,420 | ▼ 8% |
| Cash | € 79,334 | € 72,559 | € 27,846 | € 20,099 | ▼ 28% |
| Retained profit | € 140,027 | € 179,568 | € 169,471 | € 170,456 | ▲ 1% |
| Bank debt | € 74,503 | € 47,557 | € 34,185 | € 16,987 | ▼ 50% |
| Balance sheet total | € 345,074 | € 347,904 | € 382,206 | € 368,635 | ▼ 4% |
Key figures of CYGNOR, 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 CYGNOR?
What happened at CYGNOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 986. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,435 profit in 2022 to € 986 profit in 2025.
Paid € 43,833 in corporate taxes since 2022.
Best year ever: 2022, with € 76,435 profit.
Management
Behind CYGNOR is Stefanie De Graef.
Directors
According to the 2025 annual accounts
Stefanie De Graef
Manager
Establishments
Establishment units
Physical locations of this company
Drongenstationstraat 2B
9031 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0515.947.552
- VAT number
- BE 0515.947.552
- Registered office
- Drongenstationstraat 2B, 9031 Gent
- Names & denominations
- CYGNOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2013
- Peppol
- Active · Active since 21 Jan 2026
- Contact
- blancfixe.be
- Activities · NACE
Catering van evenementen
Activiteiten van fotografen, met uitzondering van persfotografen
Landschapsverzorging
Interieurontwerp
Organisatie van congressen en beurzen
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Grafisch ontwerp en visuele communicatie
Overige activiteiten van gespecialiseerde designers
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