C.G.E.

Active Public limited companyfounded 2004active for 22 yearsRue des Sandrinettes 34, 7033 MonsKBO/BCE: BE 0867.666.879

C.G.E.

Financial year 2025

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Annual accounts 2025

full format, filed on 12-06-2026, 49 days before the deadline

€945,045

▼ 24.1%

€242,559

▼ 51.0%

€160,449

▼ 54.8%

€590,497

▲ 40.6%

78.2%

▲ 12.5 percentage points

4.42

▲ 2.15

The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.1m. Estimated: probably between €1.8m and €2.6m.

Balance sheet

balance sheet total €873,269 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

78.2%

Higher than 88% of 2,463 companies in 2025.

4.42

Higher than 86% of 2,436 companies in 2025.

18.4%

Higher than 88% of 2,454 companies in 2025.

C.G.E. Middle half of the sector 80% of the sector Full accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Training hours in 2025: 24.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	873,269	1.1m	998,338	946,158	939,539	1.0m	1.2m	1.2m	1.5m	1.3m	1.4m	1.6m	1.5m	1.6m	1.6m	1.6m	1.4m	901,623	554,964	369,955
`21/28`	110,301	318,382	279,195	298,454	300,584	289,985	377,084	465,220	553,809	474,922	490,310	507,619	516,036	541,584	589,950	619,291	613,587	177,919	88,482	49,309
`22/27`	110,301	318,382	279,195	298,454	300,584	289,985	364,688	445,160	536,705	474,922	490,310	507,619	516,036	541,584	579,309	613,938	608,479	172,836	83,152	45,531
`22`	0	156,373	185,399	216,990	222,505	252,267	282,029	311,791	341,553	368,085	412,264	442,523	473,153	504,480	536,583	556,739	561,244	150,111	43,786	-
`23`	840	1,796	633	868	1,550	2,971	4,798	10,153	18,699	26,606	1,705	6,139	12,430	15,976	13,422	19,834	23,726	3,848	4,911	8,292
`24`	109,461	160,213	93,163	80,596	76,529	34,747	77,861	123,216	176,453	80,231	76,341	58,957	30,453	21,128	29,304	37,365	23,509	18,877	21,815	17,375
`28`	-	-	-	-	-	-	12,396	20,060	17,103	-	-	-	-	-	10,641	5,353	5,108	5,083	5,330	3,778
`29/58`	762,968	749,492	719,142	647,703	638,955	715,753	834,625	741,445	928,665	872,802	863,201	1.1m	983,239	1.0m	991,365	949,706	773,355	723,704	466,482	320,646
`3`	9,545	9,397	10,840	11,195	7,079	7,560	10,347	9,905	82,016	9,568	11,115	10,510	-	-	-	-	-	-	-	-
`30/36`	9,545	9,397	10,840	11,195	7,079	7,560	10,347	9,905	10,445	9,568	11,115	10,510	-	-	-	-	-	-	-	-
`37`	-	-	-	-	-	-	-	-	71,571	-	-	-	-	-	-	-	-	-	-	-
`40/41`	94,504	118,960	198,977	203,160	157,946	171,845	308,522	212,084	374,739	429,840	211,525	221,437	198,213	245,477	242,881	277,142	294,535	277,488	166,107	238,709
`40`	74,787	109,682	194,997	196,628	154,364	136,498	290,880	191,436	315,849	407,561	196,028	188,977	167,429	209,250	164,310	226,575	189,192	270,971	130,779	156,529
`41`	19,717	9,278	3,979	6,531	3,582	35,347	17,643	20,649	58,890	22,279	15,497	32,460	30,784	36,227	78,571	50,567	105,343	6,517	35,328	82,180
`50/53`	-	-	0	161,422	152,012	152,012	146,701	141,741	132,319	132,319	255,690	246,747	238,692	230,622	301,190	289,177	300,250	299,900	-	-
`54/58`	631,394	590,006	496,737	253,294	304,196	354,192	349,806	354,568	303,698	275,475	366,696	603,621	530,437	557,866	436,962	375,163	176,883	142,841	298,499	80,408
`490/1`	27,525	31,129	12,589	18,633	17,722	30,143	19,248	23,147	35,893	25,600	18,174	22,311	15,896	15,928	10,332	8,224	1,687	3,475	1,876	1,529
Balance sheet: equity and liabilities
`10/49`	873,269	1.1m	998,338	946,158	939,539	1.0m	1.2m	1.2m	1.5m	1.3m	1.4m	1.6m	1.5m	1.6m	1.6m	1.6m	1.4m	901,623	554,964	369,955
`10/15`	682,587	701,710	501,245	452,114	474,658	494,549	638,713	634,685	643,515	736,669	807,493	844,656	745,074	779,360	779,251	655,350	649,014	574,229	262,875	140,582
`10/11`	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	302,500	302,500	302,500	302,500	100,000	100,000	100,000	100,000	18,600	18,600	18,600
`10`	100,000	100,000	100,000	100,000	100,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	302,500	302,500	302,500	302,500	100,000	100,000	100,000	100,000	18,600	18,600	18,600
`13`	582,130	582,000	377,000	323,500	338,000	356,750	496,750	488,750	493,750	379,000	446,000	478,937	375,043	603,750	498,750	498,750	447,350	520,610	220,610	110,610
`130/1`	10,000	10,000	10,000	10,000	10,000	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	30,250	30,250	28,187	16,293	10,000	10,000	10,000	10,000	1,860	1,860	1,860
`132`	-	-	-	-	0	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750
`133`	572,130	572,000	367,000	313,500	328,000	328,000	468,000	460,000	465,000	330,000	397,000	432,000	340,000	575,000	470,000	470,000	418,600	500,000	200,000	90,000
`14`	456	321	538	590	4,316	1,139	985	639	152	1,238	744	652	647	4,408	140,901	17,000	59,864	35,019	23,665	11,372
`15`	0	19,389	23,707	28,024	32,342	36,660	40,978	45,296	49,613	53,931	58,249	62,567	66,884	71,202	39,600	39,600	41,800	-	-	-
`17/49`	190,682	366,164	497,093	494,044	464,881	511,189	572,996	571,981	838,959	611,055	546,018	767,589	754,200	812,116	802,064	913,647	737,928	327,394	292,089	229,373
`17`	17,555	36,131	5,397	38,303	99,741	105,558	146,686	210,106	297,311	284,736	315,974	345,320	363,109	388,776	435,018	448,905	475,087	121,132	17,738	21,157
`170/4`	17,555	36,131	5,397	21,491	37,440	-	-	24,309	74,322	26,363	23,993	21,361	363,109	-	-	448,905	475,087	121,132	17,738	21,157
`175`	-	-	0	16,812	62,300	105,558	146,686	185,798	222,989	258,373	291,981	323,958	-	383,279	410,773	-	-	-	-	-
`176`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,497	24,245	-	-	-	-	-
`42/48`	172,471	329,369	489,529	455,741	365,140	405,630	426,309	361,875	541,051	321,334	229,934	421,988	380,786	422,845	367,046	464,742	260,382	203,332	271,892	208,216
`42`	18,576	23,392	32,906	61,438	59,061	41,128	63,420	84,832	86,583	64,776	53,915	47,028	41,077	41,071	40,703	39,609	36,115	6,742	18,965	14,199
`44`	35,692	63,445	44,183	66,055	84,879	81,761	138,740	72,865	165,899	155,763	111,992	142,316	122,617	165,616	281,281	248,421	170,306	135,321	113,376	127,130
`440/4`	35,692	63,445	44,183	66,055	84,879	81,761	137,399	72,830	165,317	153,221	108,972	137,743	122,617	164,062	281,281	248,421	170,306	135,321	113,376	127,130
`441`	-	-	-	-	-	-	1,342	35	582	2,541	3,020	4,573	-	1,554	-	-	-	-	-	-
`46`	-	-	-	-	-	-	6,185	2,998	1,400	-	-	5,832	27,951	9,289	8,767	15,563	9,082	7,432	3,959	1,270
`45`	116,391	92,532	126,727	110,348	96,201	67,741	67,964	58,180	84,669	100,776	63,727	93,480	55,673	73,537	36,295	71,149	44,879	53,837	75,592	35,617
`450/3`	36,459	16,590	31,644	45,962	24,977	13,930	11,121	4,193	18,821	29,796	13,490	49,395	7,522	38,522	-	-	-	17,018	43,984	-
`454/9`	79,931	75,943	95,082	64,386	71,224	53,811	56,843	53,987	65,848	70,980	50,237	44,085	48,151	35,015	36,295	71,149	44,879	36,819	31,608	35,617
`47/48`	1,812	150,000	285,714	217,900	125,000	215,000	150,000	143,000	202,500	20	300	133,333	133,469	133,333	-	90,000	-	-	60,000	30,000
`492/3`	656	664	2,166	-	-	-	-	-	597	4,985	110	281	10,306	495	-	-	2,459	2,930	2,459	-
Income statement
`76A`	-	-	-	-	-	-	-	-	-	-	-	1,148	-	1,451	-	-	-	-	-	-
`9900`	945,045	1.2m	1.2m	853,829	811,810	700,803	857,840	879,840	938,445	976,792	744,675	883,964	760,891	801,425	657,519	611,585	411,415	784,412	548,662	331,037
`62`	631,369	663,186	618,298	515,055	552,503	499,595	532,530	563,763	606,055	548,413	478,373	452,130	498,289	360,372	378,376	375,384	298,618	279,120	232,504	218,634
`630`	55,609	72,009	59,235	51,861	62,294	78,008	80,472	108,248	124,512	88,442	82,911	63,911	70,767	69,172	69,361	63,215	60,014	30,385	37,728	27,051
`631/4`	-	-	-	-	-	-	-	-	-	-	977	-	-	-	-	-	-	-	-	-
`640/8`	15,509	14,949	14,775	14,747	21,058	14,266	16,445	13,193	19,432	20,190	7,578	8,767	7,495	9,213	8,450	4,226	2,923	3,569	3,039	3,700
`66A`	-	-	-	0	3,273	29	-	-	-	-	-	4,345	83	1,658	-	9,711	-	-	-	1,920
`9901`	242,559	494,770	459,743	272,165	172,682	108,905	228,392	194,636	188,447	319,747	174,837	359,156	184,341	362,667	201,332	168,760	49,860	471,338	275,391	81,652
`75/76B`	4,627	8,209	9,114	15,560	7,158	10,649	10,565	14,533	5,223	19,596	17,834	24,904	26,393	41,494	7,909	12,923	14,542	5,130	2,874	1,897
`75`	4,627	8,209	9,114	15,560	7,158	10,649	10,565	14,533	5,223	19,596	17,834	24,904	26,393	41,494	7,909	12,923	14,542	5,130	2,874	1,897
`65/66B`	10,192	8,442	8,202	10,364	11,579	11,518	14,091	16,426	16,965	16,966	18,708	20,104	22,149	22,953	24,337	25,680	25,393	5,593	1,901	3,364
`65`	9,981	8,442	8,202	10,209	11,425	11,518	14,091	16,426	16,965	16,966	18,708	20,104	22,149	22,953	24,337	25,680	25,393	5,593	1,901	3,364
`66B`	211	-	0	155	155	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9903`	236,994	494,536	460,655	277,362	168,261	108,035	224,866	192,743	176,704	322,377	173,963	360,759	188,501	381,001	184,904	146,292	39,009	470,875	276,364	78,265
`67/77`	76,545	139,754	121,492	77,688	58,834	32,882	66,519	54,256	63,040	114,883	73,475	123,527	62,636	110,974	61,003	47,756	6,024	159,521	94,071	26,397
`9904`	160,449	354,783	339,163	199,673	109,427	75,153	158,346	138,487	113,664	207,494	100,488	237,233	125,865	270,027	123,901	98,536	32,985	311,354	182,293	51,868
`789`	-	-	-	0	18,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9905`	160,449	354,783	339,163	199,673	128,177	75,153	158,346	138,487	113,664	207,494	100,488	237,233	125,865	270,027	123,901	98,536	32,985	311,354	182,293	51,868
Appropriation of the result
`9906`	162,200	355,321	339,753	203,990	129,316	76,139	158,985	138,639	114,902	208,238	101,140	237,880	130,273	272,742	140,901	158,400	68,004	335,019	193,665	61,372
`14P`	1,752	538	590	4,316	1,139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	150,000	-	21,500	97,000	125,000	200,000	-	5,000	20,250	197,000	133,333	-	235,000	-	-	-	-	-	-	-
`691/2`	161,744	205,000	75,000	82,500	125,000	60,000	8,000	-	135,000	130,000	100,396	103,894	6,293	135,000	-	51,400	8,140	300,000	110,000	20,000
`6920`	161,744	-	0	75,000	125,000	-	-	-	-	-	2,063	11,894	6,293	-	-	-	8,140	-	-	20,000
`6921`	0	205,000	75,000	7,500	-	60,000	8,000	-	135,000	130,000	98,333	92,000	-	135,000	-	51,400	-	300,000	110,000	-
`694/7`	150,000	150,000	285,714	217,900	125,000	215,000	150,000	143,000	-	274,000	133,333	133,333	358,333	133,333	-	90,000	-	-	60,000	30,000
`694`	150,000	150,000	285,714	217,900	125,000	215,000	150,000	143,000	-	274,000	133,333	133,333	358,333	133,333	-	90,000	-	-	60,000	30,000
Social balance sheet
`9087`	0	11.2	10.3	10.7	12.2	12.6	12.4	12	13.2	12.5	12	13.6	13.8	11.7	11.5	13	10	10.8	9.1	8.2
Hours worked`1013`	16,613	17,251	16,561	15,504	17,052	16,232	18,357	18,509	20,915	22,137	21,223	21,074	23,885	20,176	20,498	23,346	17,368	18,384	15,360	13,456
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for financial year 2005 were filed as a document without figures as data, a scan for example.

The notes to these accounts have 25 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 12-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	12-06-2026	2026-00157338	PDF
31-12-2024	full format	23-07-2025	2025-00296959	PDF
31-12-2023	full format	17-06-2024	2024-00138738	PDF
31-12-2022	full format	19-06-2023	2023-00138403	PDF
31-12-2021	full format	01-07-2022	2022-20138478	PDF
31-12-2020	full format	27-05-2021	2021-15600320	PDF
31-12-2019	full format	22-06-2020	2020-19300130	PDF
31-12-2018	full format	11-06-2019	2019-17500382	PDF
31-12-2017	full format	11-06-2018	2018-17500152	PDF
31-12-2016	full format	23-06-2017	2017-20800280	PDF
31-12-2015	full format	27-05-2016	2016-13700365	PDF
31-12-2014	full format	27-04-2015	2015-10500062	PDF
31-12-2013	full format	05-06-2014	2014-15700075	PDF
31-12-2012	full format	24-05-2013	2013-13100235	PDF
31-12-2011	full format	08-06-2012	2012-15600344	PDF
31-12-2010	full format	29-08-2011	2011-46800557	PDF
31-12-2009	full format	10-05-2010	2010-11300346	PDF
31-12-2008	full format	12-05-2009	2009-14200233	PDF
31-12-2007	full format	30-04-2008	2008-12500392	PDF
31-12-2006	full format	24-05-2007	2007-15700045	PDF
31-12-2005	full format	10-05-2006	2006-13804125	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
298,167	566,779	518,978	324,026	234,976	186,913	308,864	302,884	312,958	408,189	257,747	423,068	255,108	431,839	270,693	231,975	109,874	501,723	313,119	108,703
216,057	426,792	398,398	251,535	171,721	153,162	238,818	246,735	238,176	295,936	183,398	301,144	196,632	339,199	193,262	161,751	92,999	341,739	220,021	78,919
3,901	111,196	39,976	49,731	90,630	5,889	-7,664	22,569	203,398	88,117	65,602	55,494	45,218	32,619	40,019	68,919	495,682	120,069	76,901	11,110
41,388	93,269	243,444	-50,903	-49,996	4,386	-4,762	50,870	28,223	-91,221	-236,925	73,184	-27,429	120,904	61,799	198,280	34,042	-155,658	218,091	-
590,497	420,123	229,613	191,963	273,815	310,122	408,315	379,571	387,614	551,468	633,267	682,638	602,453	627,047	624,319	484,964	512,973	520,372	194,590	112,430
78.2%	65.7%	50.2%	47.8%	50.5%	49.2%	52.7%	52.6%	43.4%	54.7%	59.7%	52.4%	49.7%	49.0%	49.3%	41.8%	46.8%	63.7%	47.4%	38.0%
4.42	2.28	1.47	1.42	1.75	1.76	1.96	2.05	1.72	2.72	3.75	2.62	2.58	2.48	2.70	2.04	2.97	3.56	1.72	1.54
4.37	2.25	1.45	1.40	1.73	1.75	1.93	2.02	1.56	2.69	3.71	2.59	2.58	2.48	2.70	2.04	2.97	3.56	1.72	1.54
0.28	0.52	0.99	1.09	0.98	1.03	0.90	0.90	1.30	0.83	0.68	0.91	1.01	1.04	1.03	1.39	1.14	0.57	1.11	1.63
23.5%	50.6%	67.7%	44.2%	23.1%	15.2%	24.8%	21.8%	17.7%	28.2%	12.4%	28.1%	16.9%	34.6%	15.9%	15.0%	5.1%	54.2%	69.3%	36.9%
18.4%	33.2%	34.0%	21.1%	11.6%	7.5%	13.1%	11.5%	7.7%	15.4%	7.4%	14.7%	8.4%	17.0%	7.8%	6.3%	2.4%	34.5%	32.8%	14.0%
29.87	67.14	63.28	31.74	20.57	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	12	12	12	9	13
full-time	10	10	10	7	11
part-time	2	2	2	2	2
in full-time equivalents	11.2	11.2	11.2	8.2	12.2
	11.2	11.2	10.3	10.7	12.2
On a permanent contract	12	-	-	9	13
Joined	-	-	4	1	-
Left	-	-	1	5	0
Training hours	24	184	200	112	151

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€3,901	€111,196	€39,976	€49,731	€90,630
Financial fixed assets	€0	-	-	-	-
	€55,609	€72,009	€59,235	€51,861	€62,294

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on C.G.E.

The operating result for 2025 is 51% lower than in 2024 and the lowest since 2021.

Debt's share of the balance-sheet total falls from 34.3% to 21.8%. Equity and debt are lower.

Large changes and their cause

2025 Net result -55%, Staff (FTE) -100% on 2024. Partial demerger to CGVR INVEST, effective 01-01-2025.

Next steps

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Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency78.2%

Current ratio4.42

Return on assets18.4%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on C.G.E.

Next steps

in euro

in euro

78.2%

4.42

18.4%