Financials
- Fiscal year
- 2024
- Total assets
- €220,142
- Profit
- €21,905
- Solvency
- 16.2%
Total assets▲ 29.5%
Net result
20192024
C.G. Construction
ActiveSummary
The computed 12-month bankruptcy probability of C.G. Construction is 10.4% (high). The 2024 annual accounts show equity of €35,752 and a net result of €21,905. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 19% of 36365 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Other specialised construction activities
NACE 43990NACE 43999
1 site
Size
€220,142total assets 2024
- Equity
- €35,752
- Profit
- €21,905
Turnover not published (abridged schema)
Structure
Accounts filed 176 d late0 of 4 deeds read
Why 31- 1 financial year not filed after the legal deadline; latest accounts 176 days late; 3 of the last 3 late- Figures for FY 2024 (filed 24-01-2026)- Ex-officio strike-off in the KBO- Size: total assets €220,142Show the evidence
Checked score
Score 2024
31
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 32% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
41+8
equity 16.2% of total assets
Liquidity
25+18
short-term debt 83.3% · cash 16.8%
Profitability
81+1
return on assets 10.0%
Bankruptcy probability, 12 months
10.4%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 6 months
05-2026: 8.7%
06-2026: 6.1%▼ -29.1% vs 05-2026
07-2026: 6.0%▼ -1.7% vs 06-2026lowest value
08-2026: 6.7%▲ +10.9% vs 07-2026
09-2026: 7.7%▲ +14.6% vs 08-2026
10-2026: 10.4%▲ +35.2% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 176 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 24-01-2026) raises the probability
- Ex-officio strike-off in the KBO raises the probability
- Size: total assets €220,142 raises the probability for this profile
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.18 against 1.08 in 2023; short-term debt: 83.3% and cash: 16.8% of total assets), and 83.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 18%, liquidity 14%, profitability 62%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 36365 sector peers (2024).
NBB · sector comparisonPosition among 36365 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-01-2026, 176 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2024
176 d late
2023
420 d late
2022
606 d late
2021
23 d late
2020
2 d late
2019
215 d late
2018
35 d 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 211 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Judicial dissolution, liquidator appointedTribunal de l’entreprise du Brabant…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2019
- 23-01-2026Annual accounts filed
- 26-03-2025Annual accounts filed
- 07-02-2025Judicial dissolution, liquidator appointed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other specialised construction activitiesNACE 43990
- Founded
- 16-11-2016
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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