Financials
Financial year 2025
Cygnet Infotech from Machelen (Brab.), company number BE0784227776, closed financial year 2025 with a result of € 940 after tax. For that financial year Cygnet Infotech recorded a gross margin of € 3,422 and equity of € 12,087. Compared with financial year 2024, the result moved from € 1,374 to € 940. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 12,087
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 940
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 56,063
▼ 5% 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 € 2,087.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 306,877
▲ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,799
▲ 50% 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 | - | € 3,490 | € 3,738 | € 3,422 | ▼ 8% |
| Profit after taxes | € -150 | € -77 | € 1,374 | € 940 | ▼ 32% |
| Equity | € 9,850 | € 9,773 | € 11,147 | € 12,087 | ▲ 8% |
| Total debts | € 0 | € 174,222 | € 225,110 | € 371,676 | ▲ 65% |
| Cash | € 9,850 | € 111,254 | € 59,009 | € 56,063 | ▼ 5% |
| Retained profit | € -150 | € -227 | € 1,147 | € 2,087 | ▲ 82% |
| Balance sheet total | € 9,850 | € 183,995 | € 236,257 | € 383,763 | ▲ 62% |
Key figures of Cygnet Infotech, 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 Cygnet Infotech?
What happened at Cygnet Infotech in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 940 (▼ 32% vs 2024). Source: NBB ↗
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
- Niraj Karnik Hutheesing became a director. NBB
- Keval Niraj Hutheesing became a director. NBB
In short
From € 150 loss in 2022 to € 940 profit in 2025.
Paid € 1,029 in corporate taxes since 2022.
Best year ever: 2024, with € 1,374 profit.
Management
Behind Cygnet Infotech are Niraj Karnik Hutheesing and Keval Niraj Hutheesing. The shares are held by Cygnet Infotech Limited (100%).
Directors
According to the 2025 annual accounts
Niraj Karnik Hutheesing
Director
since 2022
Keval Niraj Hutheesing
Director
since 2022
Shareholders
Cygnet Infotech Limited
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Peutiesesteenweg 74
1830 Machelen (Brab.)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
AWS Route 53
Domain
Domain
cygnetinfotech.com
Registered
2000-07-06
Registrar
PDR Ltd. d/b/a PublicDomainRegistry.com
Expires
2026-07-06
Website info
Features
Security
Details
- Company number
- 0784.227.776
- VAT number
- BE 0784.227.776
- Registered office
- Peutiesesteenweg 74, 1830 Machelen (Brab.)
- Names & denominations
- Cygnet Infotech
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2022
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- cygnetinfotech.com +916358976018
- Activities · NACE
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