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C.G.B.

Active
Private limited companyfounded 2001active for 25 yearsJapanse-Kerselarenlaan 8, 2490 Balen, BelgiumKBO/BCE: BE 0473.764.232
Summary

C.G.B. has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €5.8m and a net result of €1.1m. Equity is growing by about 41% per year across the filed financial years. Its solvency ranks better than 95% of 263 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Wholesale of other machinery and equipment
NACE 46649
3rd largest company by equity in Balen, Wholesale and retail trade sector1 site
Size
€6.0mtotal assets 2026
Equity
€5.8m
Profit
€1.1m
Turnover not published (abbreviated or micro format)
Financial health
99 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 38 days early0 of 3 deeds read
Why 99lowers riskSize: total assets €6.0mLiquidity: current ratio 37.10, cash €1.3mFounded in 2001Equity €5.8m (96.9% of total assets)Show the evidence

Checked score

Score 2026
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 90% of its sector peers (NACE 46, small)
Financial strength · tick = 2025
Strong
Solvency 100=
equity 96.9% of total assets
Liquidity 77-12
short-term debt 2.5% · cash 21.9%
Profitability 92-5
return on assets 18.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,381 companies, NACE 46, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity ample (current ratio 37.1, compared with 12.78 in 2025, above the usual 1.5; short-term debt: 2.5% and cash: 21.9% of total assets), and 3.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small): better than 92% on solvency, 91% on liquidity, 94% on profitability and 83% on growth.

The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €6.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 37.10, cash €1.3m
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €5.8m (96.9% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-09-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
38 days early
2025
28 days early
2024
6 days early
2023
on the day
2022
3 days early
2021
2 days late
2020
13 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 25 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · abbreviated…
  2. Liquidity more than doubledcurrent ratio 37.10
  3. Equity above €5mequity €5.8m ▲20.9%

Key points

  • Positive: Among the best 5% on solvencysector median 42.3% · 263 companies 96.9% View
  • Positive: 8 profitable years in a rowprofit 2026: €1.1m 8 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2026
Total assets
€6.0m
Profit
€1.1m
Solvency
96.9%
Total assets▲ 16.1%
Net result
20192026
Go to Financials

Timeline

Events
35
Since
2003
Next accounts
by 31-10-2027
  1. 03-10-2025Annual accounts filed
  2. 31-03-2025Highest result from 2019 to 2026
  3. 31-03-2025Liquidity more than doubled
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of other machinery and equipmentNACE 46649
Founded
22-01-2001
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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