Financials
Financial year 2025
Worth noting
- Figures corrected afterwards (2021, 2022).
Revenue
€ 150,949
▼ 12% vs 2024
Profit
Healthy€ 292,111
▼ 6% vs 2024
Debts
Low€ 9,462
▼ 32% vs 2024
CYGA from Hasselt, company number BE0842191117, closed financial year 2025 with a result of € 292,111 after tax. For that financial year CYGA recorded revenue of € 150,949 and equity of € 35.2 million. Compared with financial year 2024, the result moved from € 310,936 to € 292,111. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
What happened at CYGA?
What happened at CYGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 292,111 (▼ 6% vs 2024). Source: NBB ↗
- TDevelopment BV became a director. NBB
- Danielle Louise Demot became a director. NBB
- Philip Demot became a director. NBB
- Michel Demot became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 11.3 million profit in 2021 to € 292,111 profit in 2025.
Paid € 88,346 in corporate taxes since 2021.
Best year ever: 2021, with € 11.3 million profit.
Paid out € 1.7 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
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Management
Behind CYGA are Danielle Louise Demot, Philip Demot, Michel Demot and TDevelopment BV. It owns 71.2% of Herk & Red, 71.2% of Ciril and 64.1% of Democo Group itself.
Directors
According to the 2025 annual accounts
Danielle Louise Demot
Director
since 2019
Philip Demot
Managing director
Also active at: Craeyenhof, DAENINCK & DEWEERDT, Embuild Limburg +36 more
since 2019
Michel Demot
Managing director
since 2019
Director · represented by Thibaud Demot
Also active at: VANDENBRIELE, A.E.W., DEHOLI +12 more
since 2021
Establishments
Establishment units
Physical locations of this company
Europalaan 9
3500 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0842.191.117
- VAT number
- BE 0842.191.117
- Registered office
- Europalaan 9, 3500 Hasselt
- Names & denominations
- CYGA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2011
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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