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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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
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.
€ 35.2 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 292,111
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 199,955
▲ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 339,009 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 5,140
▼ 78% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,264
▲ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 3 days on average.
€ 6,198
▼ 48% vs 2024
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 | |
|---|---|---|---|---|---|
| Revenue | € 262,509 | € 177,317 | € 171,481 | € 150,949 | ▼ 12% |
| Profit after taxes | € -545,422 | € 1,008,406 | € 310,936 | € 292,111 | ▼ 6% |
| Equity | € 35,412,107 | € 35,220,513 | € 35,531,449 | € 35,223,560 | ▼ 1% |
| Total debts | € 29,132 | € 20,335 | € 13,976 | € 9,462 | ▼ 32% |
| Cash | € 32,488 | € 12,022 | € 141,329 | € 199,955 | ▲ 41% |
| Retained profit | € 19,882,312 | € 20,232,877 | € 20,543,813 | € 20,496,915 | |
| Dividend | € 680,574 | € 657,841 | € 0 | € 339,009 | |
| Bank debt | € 0 | € 0 | € 341 | € 0 | ▼ 100% |
| Balance sheet total | € 35,441,239 | € 35,240,848 | € 35,545,425 | € 35,233,022 | ▼ 1% |
Key figures of CYGA, 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 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 € 545,422 loss in 2022 to € 292,111 profit in 2025.
Paid € 84,574 in corporate taxes since 2022.
Best year ever: 2023, with € 1 million profit.
Paid out € 1.7 million in dividends to the owners in total.
A new publication or filing at CYGA? We notify you, reason included.
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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 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, VANDENBRIELE, A.E.W., DEHOLI, HERK&RED, CIRIL +31 more
since 2019
Michel Demot
Managing director
since 2019
Director · represented by Thibaud Demot
Also active at: VANDENBRIELE, A.E.W., DEHOLI, HERK&RED, CIRIL, DEMOCO, DEMOCO GROUP, AEW Security +7 more
since 2021
Establishments
Establishment units
Physical locations of this company
Europalaan 9
3500 Hasselt
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
- 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
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
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