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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
CIGABA from Beersel, company number BE0684683111, closed financial year 2025 with a result of € -23,859 after tax. For that financial year CIGABA recorded a gross margin of € -21,629 and equity of € -43,895. Compared with financial year 2024, the result moved from € -18,694 to € -23,859. 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 August 24, 2026.
€ -43,895
▼ € 23,999 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,859
▼ 28 % more loss than in 2024
Profit after tax over the fiscal year.
€ 28,447
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -68,895.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,843
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,738
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -13,963 | € 22,303 | € -19,891 | € -21,629 | ▼ € 1,737 |
| Profit after taxes | € -23,358 | € 25,754 | € -18,694 | € -23,859 | ▼ € 5,165 |
| Equity | € -26,956 | € -1,202 | € -19,896 | € -43,895 | ▼ € 23,999 |
| Total debts | € 623,419 | € 561,063 | € 560,123 | € 716,564 | ▲ 28% |
| Cash | € 258,689 | € 476,875 | € 450,610 | € 28,447 | ▼ 94% |
| Retained profit | € -51,956 | € -26,202 | € -44,896 | € -68,895 | ▼ € 23,999 |
| Balance sheet total | € 596,464 | € 559,862 | € 540,227 | € 672,669 | ▲ 25% |
Key figures of CIGABA, 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 CIGABA?
What happened at CIGABA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,859. filed late Source: NBB ↗
- Gunter Fluyt became a director. NBB
- Francis Ragoen became a director. NBB
- New establishment in Beersel. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,358 loss in 2022 to € 23,859 loss in 2025.
Best year ever: 2023, with € 25,754 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CIGABA are Francis Ragoen and Gunter Fluyt. The same people are also behind TERRA GUNFRA. Gunter Fluyt is also behind Vanhoudt-Janssens Finance & Insurance and MNM_Invest.
Directors
According to the 2025 annual accounts
since 2017
Gunter Fluyt
Director
Also active at: Vanhoudt-Janssens Finance & Insurance, TERRA GUNFRA, MNM_Invest
since 2019
Establishments
Establishment units
Physical locations of this company
Wolfpoortstraat 7
1652 Beersel
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0684.683.111
- VAT number
- BE 0684.683.111
- Registered office
- Wolfpoortstraat 7, 1652 Beersel
- Names & denominations
- CIGABA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2017
- Peppol
- Active · Active since 31 Mar 2025
- Activities · NACE
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