Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CYGO-Renov from Elsene, company number BE1001603093, closed financial year 2025 with a result of € -256,439 after tax. For that financial year CYGO-Renov recorded a gross margin of € -142,707 and equity of € -218,236. Compared with financial year 2024, the result moved from € 48,361 to € -256,439. 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 July 31, 2026.
€ -218,236
▼ € 256,439 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -256,439
▼ still € 48,361 profit in 2024
Profit after tax over the fiscal year.
€ 5,905
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -233,236.
People and assets in 2025
1.2
Average over the fiscal year, from the social balance sheet.
€ 25,281
€ 21,100 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.
€ 20,919
▲ 238% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▲ 236% vs 2024
Loans from banks and other lenders, long and short.
€ 219,486
▲ 225% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,443
▲ € 45,599 vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -24,322 | € 67,681 | € -142,707 | ▼ € 210,388 |
| Profit after taxes | € -25,158 | € 48,361 | € -256,439 | ▼ € 304,801 |
| Equity | € -10,158 | € 38,204 | € -218,236 | ▼ € 256,439 |
| Total debts | € 56,837 | € 1,034,925 | € 3,005,689 | ▲ 190% |
| Cash | € 6,440 | € 20,512 | € 5,905 | ▼ 71% |
| Retained profit | € -25,158 | € 23,204 | € -233,236 | ▼ € 256,439 |
| Bank debt | € 0 | € 435,000 | € 1,461,449 | ▲ 236% |
| Balance sheet total | € 46,680 | € 1,073,129 | € 2,787,453 | ▲ 160% |
| Employees (FTE) | 0 | 0 | 1.2 |
Key figures of CYGO-Renov, fiscal years 2023 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 CYGO-Renov?
What happened at CYGO-Renov in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 256,439 (▼ € 304,801 vs 2024). Source: NBB ↗
- Cyrille PASQUE became a director. NBB
- Kévin PINTO MACEDO became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- CN MANAGEMENT SRL became a director. NBB
In short
From € 25,158 loss in 2023 to € 256,439 loss in 2025.
Paid € 5,169 in corporate taxes since 2023.
Best year ever: 2024, with € 48,361 profit.
Management
Behind CYGO-Renov are CN MANAGEMENT SRL, Cyrille PASQUE and Kévin PINTO MACEDO. CN MANAGEMENT SRL is also behind C.N.G. INVESTMENT, CN RENTAL, SHIP - INDUSTRIAL CUTTING and CYGO-Terra.
Directors
According to the 2025 annual accounts
Director · represented by Iurie Camenschi
Also active at: C.N.G. INVESTMENT, CN RENTAL, SHIP - INDUSTRIAL CUTTING, CYGO-Terra
since 2023
Cyrille PASQUE
Director
since 2026
Kévin PINTO MACEDO
Director
since 2026
Establishments
Establishment units
Physical locations of this company
Louizalaan 123
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Retviews
€ 2.6 million gross margin · 2024
C.N.G. INVESTMENT same network
€ 150,674 gross margin · 2025
CN MANAGEMENT same network
€ 147,635 gross margin · 2025
MP EMPIRE AGENCY
€ 2,707 gross margin · 2024
KPM Properties
€ 12,929 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1001.603.093
- VAT number
- BE 1001.603.093
- Registered office
- Louizalaan 123, 1050 Elsene
- Names & denominations
- CYGO-Renov
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 2023
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Restaureren van bouwwerken
Handel in eigen onroerend goed
Overige gespecialiseerde bouwwerkzaamheden