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C.E.G.C.

Active
Public limited companyfounded 1994active for 32 yearsWinston Churchilllaan 104, 1180 Ukkel, BelgiumKBO/BCE: BE 0452.437.791
Summary

C.E.G.C. has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €209,071 and a net result of -€235. Equity remains stable across the filed financial years (±1.2% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (2 days) Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00036063.

Equity
€209,071▼ 0.1%
2024 · €209,305
Total assets
€212,082▼ 4.6%
2024 · €222,347
Net result
-€235▲ 95.2%
2024 · -€4,908
Working capital
€78,898▲ 6.2%
2024 · €74,264
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result stays negative: a loss of €47 in 2025 against €4,722 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€47 2025 Net result-€235 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€1,153-€1,807-€1,398-€8,216▼ 488%€2,308-€4,722-€47▲ 99.0%
Net result-€1,361-€1,539-€1,607-€8,487▼ 428%€2,088-€4,908-€235▲ 95.2%
Equity€220,681-€222,220▲ 0.7%€220,613▼ 0.7%€212,126▼ 3.8%€214,214▲ 1.0%€209,305▼ 2.3%€209,071▼ 0.1%
Total assets€235,515-€236,269▲ 0.3%€234,264▼ 0.8%€226,635▼ 3.3%€226,272▼ 0.2%€222,347▼ 1.7%€212,082▼ 4.6%
Debt€14,834-€14,049▼ 5.3%€13,650▼ 2.8%€14,509▲ 6.3%€12,059▼ 16.9%€13,042▲ 8.2%€3,011▼ 76.9%
Working capital€71,856-€77,047▲ 7.2%€79,091▲ 2.7%€74,255▼ 6.1%€74,304▲ 0.1%€74,264▼ 0.1%€78,898▲ 6.2%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €212,082
Fixed assets €130,172 ▼ 3.6%
Current assets €81,910 ▼ 6.2%
Equity and liabilities €212,082
Equity €209,071 ▼ 0.1%
Debt €3,011 ▼ 76.9%
Debt's share of the balance-sheet total falls from 5.9% to 1.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,822▲
2024 · €147
Cash flow
€4,634▲
2024 · -€40
Current ratio
27.20▲
2024 · 6.69
Debt to equity
0.01▼
2024 · 0.06
ROE
-0.1%▲
2024 · -2.3%
ROA
-0.1%▲
2024 · -2.2%
Interest coverage
25.68▲
2024 · 0.79
Debt ≤ 1 year
€3,011▼
2024 · €13,042
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€222,347€212,082▼
Fixed assets21/28€135,041€130,172▼
Tangible fixed assets22/27€135,041€130,172▼
Land and buildings22€135,041€130,172▼
Current assets29/58€87,306€81,910▼
Amounts receivable within one year40/41-€2,357
Other amounts receivable41-€2,357
Cash at bank and in hand54/58€87,306€79,553▼
Equity and liabilities
Total equity and liabilities10/49€222,347€212,082▼
Equity10/15€209,305€209,071▼
Contributions10/11€223,104€223,104=
Capital10€223,104€223,104=
Issued capital100€223,104€223,104=
Profit (loss) carried forward14-€13,799-€14,034▼
Amounts payable17/49€13,042€3,011▼
Amounts payable within one year42/48€13,042€3,011▼
Trade debts44€1,119€349▼
Suppliers440/4€1,119€349▼
Other amounts payable47/48€11,923€2,663▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,869€4,869=
Other operating charges640/8€4,085€4,700▲
Gross operating margin9900€4,232€9,522▲
Operating profit (loss)9901-€4,722-€47▲
Financial charges65/66B€187€188▲
Recurring financial charges65€187€188▲
Profit (loss) for the period before taxes9903-€4,908-€235▲
Profit (loss) for the period9904-€4,908-€235▲
Profit (loss) for the period to be appropriated9905-€4,908-€235▲
Appropriation of the result
Profit (loss) to be appropriated9906-€13,799-€14,034▼
Profit (loss) brought forward from the previous period14P-€8,891-€13,799▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,651€3,651€3,651€3,651€4,048€4,869€4,869=
Other operating charges640/8---€3,720€3,834€4,085€4,700▲ 15.1%
Gross operating margin9900€5,600€8,658€5,936-€845€10,190€4,232€9,522▲ 125%
Operating profit (loss)9901-€1,153€1,807-€1,398-€8,216€2,308-€4,722-€47▲ 99.0%
Recurring financial income75€20-------
Financial charges65/66B---€271€221€187€188▲ 0.7%
Recurring financial charges65€228€268€209€271€221€187€188▲ 0.7%
Profit (loss) for the period before taxes9903-€1,361€1,539-€1,607-€8,487€2,088-€4,908-€235▲ 95.2%
Profit (loss) for the period9904-€1,361€1,539-€1,607-€8,487€2,088-€4,908-€235▲ 95.2%
Profit (loss) for the period to be appropriated9905-€1,361€1,539-€1,607-€8,487€2,088-€4,908-€235▲ 95.2%
Line2019202020212022202320242025Change
Assets
Total assets20/58€235,515€236,269€234,264€226,635€226,272€222,347€212,082▼ 4.6%
Fixed assets21/28€148,825€145,174€141,522€137,871€139,909€135,041€130,172▼ 3.6%
Tangible fixed assets22/27€148,825€145,174€141,522€137,871€139,909€135,041€130,172▼ 3.6%
Land and buildings22---€137,871€139,909€135,041€130,172▼ 3.6%
Current assets29/58€86,690€91,095€92,741€88,764€86,363€87,306€81,910▼ 6.2%
Amounts receivable within one year40/41------€2,357-
Other amounts receivable41------€2,357-
Cash at bank and in hand54/58€85,940€90,335€92,741€88,764€86,363€87,306€79,553▼ 8.9%
Equity and liabilities
Total equity and liabilities10/49€235,515€236,269€234,264€226,635€226,272€222,347€212,082▼ 4.6%
Equity10/15€220,681€222,220€220,613€212,126€214,214€209,305€209,071▼ 0.1%
Contributions10/11€223,104€223,104€223,104€223,104€223,104€223,104€223,104=
Capital10---€223,104€223,104€223,104€223,104=
Issued capital100---€223,104€223,104€223,104€223,104=
Profit (loss) carried forward14-€2,423-€884-€2,491-€10,978-€8,891-€13,799-€14,034▼ 1.7%
Amounts payable17/49€14,834€14,049€13,650€14,509€12,059€13,042€3,011▼ 76.9%
Amounts payable within one year42/48€14,834€14,049€13,650€14,509€12,059€13,042€3,011▼ 76.9%
Trade debts44---€200€200€1,119€349▼ 68.8%
Suppliers440/4---€200€200€1,119€349▼ 68.8%
Advances received on contracts in progress46---€2,450----
Other amounts payable47/48---€11,859€11,859€11,923€2,663▼ 77.7%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€1,361€1,539-€1,607-€8,487€2,088-€4,908-€235▲ 95.2%
+ Depreciation and write-downs630€3,651€3,651€3,651€3,651€4,048€4,869€4,869=
Operating cash flow (approximation)€2,290€5,190€2,044-€4,836€6,136-€40€4,634-
Investment in fixed assets (approximation)-€0€0€0-€6,087€0€0-
Change in cash-€4,395€2,406-€3,978-€2,401€943-€7,753-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 28 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 02-02-2026 2026-00036063
30-06-2024 micro format 13-02-2025 2025-00035545
30-06-2023 micro format 08-01-2024 2024-00544726
30-06-2022 micro format 13-12-2022 2022-20540378
30-06-2021 micro format 03-01-2022 2022-00100147
30-06-2020 micro format 30-12-2020 2020-77600535
30-06-2019 micro format 18-12-2019 2019-76500003
30-06-2018 micro format 27-12-2018 2018-75800425
30-06-2017 micro format 26-12-2017 2017-73300015
30-06-2016 full format 16-12-2016 2016-70400349

Show all 28 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.