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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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
De Cingel from Vosselaar, company number BE0776654848, closed financial year 2025 with a result of € -9,244 after tax. For that financial year De Cingel recorded a gross margin of € 42,289 and equity of € 28,316. Compared with financial year 2024, the result moved from € -193 to € -9,244. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 28,316
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,244
▼ 4693 % more loss than in 2024
Profit after tax over the fiscal year.
€ 19,866
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,684.
People and assets in 2025
1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 31,899
▼ 21% vs 2024
€ 31,900 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.
€ 636
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 22,650
▲ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 51,267
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,048
▼ 50% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,501 | € 24,704 | € 65,210 | € 42,289 | ▼ 35% |
| Profit after taxes | € 12,240 | € -19,487 | € -193 | € -9,244 | ▼ € 9,051 |
| Equity | € 57,240 | € 37,753 | € 37,560 | € 28,316 | ▼ 25% |
| Total debts | € 44,382 | € 99,315 | € 98,094 | € 87,840 | ▼ 10% |
| Cash | € 22,186 | € 14,943 | € 26,077 | € 19,866 | ▼ 24% |
| Land & buildings | € 7,590 | € 40,019 | € 37,775 | € 31,941 | ▼ 15% |
| Retained profit | € 12,240 | € -7,247 | € -7,440 | € -16,684 | ▼ € 9,244 |
| Bank debt | € 29,324 | € 22,651 | € 19,939 | € 22,650 | ▲ 14% |
| Balance sheet total | € 101,622 | € 137,067 | € 135,655 | € 116,157 | ▼ 14% |
| Employees (FTE) | 0.2 | 0.8 | 0.8 | 1 | ▲ 0.2 |
Key figures of De Cingel, 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 De Cingel?
What happened at De Cingel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,244. Source: NBB ↗
- New establishment in Vosselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,240 profit in 2022 to € 9,244 loss in 2025.
Paid € 3,663 in corporate taxes since 2022.
Best year ever: 2022, with € 12,240 profit.
On average € 42,300 of value added per employee in 2025.
Management
Behind De Cingel are Eef Van Dingenen and Giovanni Jozef De Kuyer.
Directors
According to the 2025 annual accounts
Eef Van Dingenen
Director
Giovanni Jozef De Kuyer
Director
Establishments
Establishment units
Physical locations of this company
Cingel 17
2350 Vosselaar
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0776.654.848
- VAT number
- BE 0776.654.848
- Registered office
- Cingel 17, 2350 Vosselaar
- Names & denominations
- De Cingel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 2021
- Peppol
- Active · Active since 17 Apr 2025
- Activities · NACE
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