Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Late annual account NBB
Fiscal year 2024 was filed 186 days after the legal deadline.
-
Busy address KBO
63 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Cegid Fin Belgium from Oudergem, company number BE0629721921, closed financial year 2024 with a result of € -1.6 million after tax. For that financial year Cegid Fin Belgium recorded a gross margin of € 1.3 million and equity of € -4.8 million. Compared with financial year 2023, the result moved from € -1.4 million to € -1.6 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ -4.8 million
▼ € 1.6 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▼ 19 % more loss than in 2023
Profit after tax over the fiscal year.
€ 3.7 million
▼ 18% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5 million.
People and assets in 2024
19.1
▲ 2.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 12% vs 2023
€ 77,000 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.
Debts at end 2024
€ 19.2 million
▲ 13% vs 2023
Loans from banks and other lenders, long and short.
€ 2.1 million
▲ 181% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 305,711
▲ 5% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,321,231 | € 500,650 | € 1,228,485 | € 1,311,590 | ▲ 7% |
| Profit after taxes | € -299,936 | € -1,562,803 | € -1,366,753 | € -1,632,247 | ▼ € 265,493 |
| Equity | € -264,690 | € -1,827,494 | € -3,194,247 | € -4,826,494 | ▼ € 1.6 million |
| Total debts | € 19,205,773 | € 17,626,213 | € 20,152,839 | € 24,236,875 | ▲ 20% |
| Cash | € 2,395,583 | € 4,531,579 | € 4,494,152 | € 3,678,650 | ▼ 18% |
| Retained profit | € -446,190 | € -2,008,994 | € -3,375,747 | € -5,007,994 | ▼ € 1.6 million |
| Bank debt | € 17,065,791 | € 14,502,440 | € 17,058,841 | € 19,248,414 | ▲ 13% |
| Balance sheet total | € 18,941,083 | € 15,798,719 | € 16,958,592 | € 19,410,381 | ▲ 14% |
| Employees (FTE) | 9.8 | 13.3 | 16.2 | 19.1 | ▲ 2.9 |
Key figures of Cegid Fin Belgium, 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 Cegid Fin Belgium?
What happened at Cegid Fin Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1.6 million. filed late Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 299,936 loss in 2021 to € 1.6 million loss in 2024.
Paid € 2,120 in corporate taxes since 2021.
On average € 68,700 of value added per employee in 2024.
Establishments
Establishment units
Physical locations of this company
Herrmann-Debrouxlaan 54
1160 Oudergem
Rue Hors-Château 50 box 12
4000 Liège
Active since 7 May 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 63 companies are registered at this address.
All companies at this address →Société de saint-Vincent-de-Paul, Conseil national de Belgique(Sint-Vincentius a Paulo Vereniging, Nationale Raad van België
€ 1.2 million gross margin · 2025
ABA MANAGEMENT
€ 78,749 gross margin · 2025
GROUP P - OVERNAME - TRANSMISSION
€ 37,787 gross margin · 2025
SCOOP AGENCY
€ -9,670 gross margin · 2025
BELGIUM PARCELS SERVICE
€ 1.4 million gross margin · 2024
+58 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
- 0629.721.921
- VAT number
- BE 0629.721.921
- Registered office
- Herrmann-Debrouxlaan 54, 1160 Oudergem
- Names & denominations
- Cegid Fin Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 2015
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Factoring
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering