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Complete company report
Generated 12-08-2026
Active BE 0842.191.117Private limited company

CYGA

Europalaan 9 ·3500 Hasselt, Belgium· 14 yrs active
Sector: Activiteiten van holdings (64210)
Conclusion Checked

CYGA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.
Key figures
Active 14 yrs
Board 1
Locations 1
Publications 10
Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Established
Founded in 2011, 14 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financial overview10 NBB filings
Financials being processed
NBB has 10 filing(s) on record for this company, latest fiscal year 2024 (volledig). The annual accounts are being processed.
Filings on record
Fiscal year Type Filed Reference
31-12-2024 volledig 09-07-2025 2025-00248812
31-12-2024 consolidatie 09-07-2025 2025-00257802
31-12-2023 volledig 30-07-2024 2024-00303061
31-12-2023 consolidatie 07-08-2024 2024-00339092
31-12-2022 volledig 12-07-2023 2023-00235535
31-12-2022 consolidatie 09-08-2023 2023-00325600
31-12-2021 volledig 11-07-2022 2022-20169718
31-12-2021 consolidatie 30-06-2022 2022-20153636
31-12-2020 volledig 03-06-2021 2021-16900521
31-12-2020 consolidatie 25-06-2021 2021-26500428
Directors & mandates 7 directors
Current directors & mandates
  • TDevelopment BVLegal entity
    Director
    State Gazette act 21149799 (23-12-2021)
    Current
    23-12-2021 → present
Historic, not recently confirmed (3)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Michel Demot
    Director
    State Gazette act 20313067 (05-03-2020)
    Not recently confirmed
    last confirmed in an act from 2020
    7 events
    • 05-03-2020 Appointed· Director
    • 05-03-2020 Appointed· Managing director
    • 26-10-2016 Resigned· B bestuurder
    • 26-10-2016 Appointed· B bestuurder
    • 26-10-2016 Appointed· Managing director
    • 20-06-2016 Appointed· Director
    • 17-02-2012 Appointed· Director
  • Philip Demot
    Director
    State Gazette act 20313067 (05-03-2020)
    Not recently confirmed
    last confirmed in an act from 2020
    8 events
    • 05-03-2020 Appointed· Director
    • 05-03-2020 Appointed· Managing director
    • 26-10-2016 Resigned· A bestuurder
    • 26-10-2016 Appointed· A bestuurder
    • 26-10-2016 Resigned· Managing director
    • 26-10-2016 Appointed· Managing director
    • 20-06-2016 Appointed· Bestuurder, gedelegeerd bestuurder en voorzitter
    • 17-02-2012 Appointed· Managing director
  • Danielle DEMOT
    Director
    State Gazette act 16083830 (20-06-2016)
    Not recently confirmed
    last confirmed in an act from 2016
    2 events
    • 20-06-2016 Appointed· Director
    • 17-02-2012 Appointed· Director
Permanent representatives (1)
These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.
  • Thibaud Demot
    Vaste vertegenwoordiger
    State Gazette act 21149799 (23-12-2021)
    Permanent representative
    23-12-2021 → present
Former directors (3)
  • Daniëlle Demot
    C bestuurder
    State Gazette act 16148410 (26-10-2016)
    Former
    26-10-2016 → 05-03-2020
    3 events
    • 05-03-2020 Resigned· Director
    • 26-10-2016 Resigned· C bestuurder
    • 26-10-2016 Appointed· C bestuurder
  • Abdelhakim Chagaar
    Director
    State Gazette act 12040463 (17-02-2012)
    Former
    - → 17-02-2012
  • Richard Brekelmans
    Director
    State Gazette act 12040463 (17-02-2012)
    Former
    - → 17-02-2012
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Statutory auditor 4 auditor
Statutory auditor IRE/IBR number Tenure
Gert MarisCurrent
Statutory auditor
 - 08-05-2019 → present
BDO Bedrijfsrevisoren
Statutory auditor
succeeded by Gert Maris in 2019
 - 26-10-2016 → 08-05-2019
BDO Bedrijfsrevisoren CVBA BV
Statutory auditor
 - 08-07-2019 → 08-07-2019
Hans Wilmots
Statutory auditor
 - - → 08-05-2019
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Legal Structure
NACE primary Activiteiten van holdings(64210)
Legal form Private limited company(610)
Incorporation28-12-2011
StatusActive
Postal code3500
Connections & network 2 connected companies
Group structure
CIRIL
We sit on their board · 4 subsidiaries · 1 location
→
DEMOCO GROUP
We sit on their board · 5 subsidiaries · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control 2 parties
CYGABE 0842.191.117
controls
Where this company holds controlthis company sits on their board2
DEMOCO GROUP
5 subsidiaries · 1 location
CIRIL
4 subsidiaries · 1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Establishment units 1 location
Cyga
Europalaan 9, 3500 HasseltHoldings
since 20112.205.162.564
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0081/00W002 Flanders 1,734 m² 1 · 233 m² 10.8 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 20 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
09-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
09-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · consolidatie
2024
07-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · consolidatie
30-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
09-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · consolidatie
12-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
21-04-2023
State Gazette act Director changes
v3.2
2022
11-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
30-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · consolidatie
2021
23-12-2021
State Gazette act Director changes
v3.2
25-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · consolidatie
03-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
05-03-2020
State Gazette act Director changes
v3.2
2019
08-07-2019
State Gazette act Director changes
v3.2
08-05-2019
State Gazette act Director changes
v3.2
2016
26-10-2016
State Gazette act Statutes amendment
v3.2
20-06-2016
State Gazette act Director changes
v3.2
17-05-2016
State Gazette act Capital & shares
v3.2
2014
27-06-2014
State Gazette act Director changes
v3.2
2012
17-02-2012
State Gazette act Director changes
v3.2
Belgisch Staatsblad, acts 10 acts
Capital history · 1
17-05-2016
v3.2
All acts · 10 updated 3 years ago
2023
21-04-2023 Gert Maris appointed as statutory auditor Director changes
  • Gert Maris, Commissaris
Summary: v3.2
Technical details 
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  "schema": "v3.2",
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  "subject_company": {
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    "name_full": "CYGA"
  }
}
2021
23-12-2021 2 directors appointed Director changes
  • TDevelopment BV, Bestuurder
  • Thibaud Demot, Vaste vertegenwoordiger
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "TDevelopment BV",
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    },
    {
      "kind": "director_in",
      "role": "vaste vertegenwoordiger",
      "person": {
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        "name": "Thibaud Demot",
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2020
05-03-2020 4 directors appointed, 1 resigning Director changes
  • Philip Demot, Bestuurder
  • Michel Demot, Bestuurder
  • Philip Demot, Gedelegeerd bestuurder
  • Michel Demot, Gedelegeerd bestuurder
  • Daniëlle Demot, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Dani\u00EBlle Demot",
        "address": null,
        "birth_date": null
      }
    },
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      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Philip Demot",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Michel Demot",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "gedelegeerd bestuurder",
      "person": {
        "rrn": null,
        "name": "Philip Demot",
        "address": null,
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      }
    },
    {
      "kind": "director_in",
      "role": "gedelegeerd bestuurder",
      "person": {
        "rrn": null,
        "name": "Michel Demot",
        "address": null,
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  ],
  "schema": "v3.2",
  "act_meta": {
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  "subject_company": {
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  }
}
2019
08-07-2019 BDO Bedrijfsrevisoren CVBA BV appointed as statutory auditor Director changes
  • BDO Bedrijfsrevisoren CVBA BV, Commissaris
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "BDO Bedrijfsrevisoren CVBA BV",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
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  },
  "subject_company": {
    "kbo": "0842.191.117",
    "name_full": "CYGA"
  }
}
08-05-2019 1 director appointed, 1 resigning Director changes
  • Gert Maris, Commissaris
  • Hans Wilmots, Commissaris
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Gert Maris",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_out",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Hans Wilmots",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0842.191.117",
    "name_full": "CYGA"
  }
}
2016
26-10-2016 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
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  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "name_change": {
    "new": "",
    "old": "",
    "changed": false
  },
  "seat_change": {
    "changed": false
  },
  "object_change": {
    "changed": false
  },
  "subject_company": {
    "kbo": "0842.191.117",
    "name_full": "CYGA"
  },
  "legal_form_change": {
    "new": "naamloze vennootschap",
    "old": "naamloze vennootschap",
    "changed": false
  }
}
20-06-2016 3 directors appointed Director changes
  • Philip DEMOT, Bestuurder, gedelegeerd bestuurder en voorzitter
  • Michel DEMOT, Bestuurder
  • Danielle DEMOT, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder, gedelegeerd bestuurder en voorzitter",
      "person": {
        "rrn": null,
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        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Michel DEMOT",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Danielle DEMOT",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
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  },
  "subject_company": {
    "kbo": "0842.191.117",
    "name_full": "CYGA"
  }
}
17-05-2016 Capital decrease of €1,200,000 to €225,000 Capital & shares
  • €1.425.000 → €225.000
  • Inbreng in geld · Apport en numéraire
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "capital_decrease",
      "after_eur": 225000,
      "delta_eur": -1200000,
      "before_eur": 1425000,
      "contribution_type": "geld"
    }
  ],
  "schema": "v3.2",
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  "subject_company": {
    "kbo": "0842.191.117",
    "name_full": "CYGA"
  }
}
2014
27-06-2014 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
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  },
  "subject_company": {
    "kbo": "0842.191.117",
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  }
}
2012
17-02-2012 3 directors appointed, 2 resigning Director changes
  • Michel Demot, Bestuurder
  • Danielle Demot, Bestuurder
  • Philip Demot, Gedelegeerd bestuurder
  • Richard Brekelmans, Bestuurder
  • Abdelhakim Chagaar, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Richard Brekelmans",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
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        "rrn": null,
        "name": "Abdelhakim Chagaar",
        "address": null,
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      }
    },
    {
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      "role": "gedelegeerd bestuurder",
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  "schema": "v3.2",
  "act_meta": {
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  },
  "subject_company": {
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    "name_full": "STEVORDIA"
  }
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameNL CYGA
Registered office
Europalaan 9
3500 Hasselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative