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C.G.M.

Active
Private limited company (pre-2019)founded 1998active for 28 yearsStationsstraat 90, 9950 Lievegem, BelgiumKBO/BCE: BE 0463.421.062
Summary

The computed 12-month bankruptcy probability of C.G.M. is 17.2% (high). For C.G.M., at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€23,160) and a net result of €1,839. Equity is shrinking by about 82% per year across the filed financial years. The company has been active since 1998 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

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C.G.M.Active
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Overview

Activity
Activity not known
Size
€129,780turnover 2021
Equity
-€23,160
Profit
€1,839
Financial health
Bankruptcy probabilitywithin 12 months
17.2%
2021 figures too old to score
Structure
Accounts 1168 days overdue0 of 2 deeds read
Signalsraises riskFigures for financial year 2021 (filed 04-12-2022)3 financial years not filed after the legal deadline; latest accounts 122 days late; 3 of the last 3 lateTwo or more financial years not filedFiled more than 90 days lateAdministrative warnings in the KBO publicationslowers riskFounded in 1998Size: turnover €129,780, total assets €32,303Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Weak
Solvency 0=
equity -71.7% of total assets
Liquidity 19-26
short-term debt 171.7% · cash 14.9%
Profitability 44+44
return on assets 5.7%
Bankruptcy probability, 12 months
17.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 21.4% 12-2024: 21.4%● unchanged vs 11-2024 01-2025: 23.2%▲ +1.8 percentage points vs 12-2024highest value 02-2025: 23.2%● unchanged vs 01-2025highest value 03-2025: 14.2%▼ -9.0 percentage points vs 02-2025 04-2025: 14.2%● unchanged vs 03-2025 05-2025: 14.2%● unchanged vs 04-2025 06-2025: 14.2%● unchanged vs 05-2025 07-2025: 14.2%● unchanged vs 06-2025 08-2025: 13.4%▼ -0.8 percentage points vs 07-2025 09-2025: 13.4%● unchanged vs 08-2025 10-2025: 13.6%▲ +0.2 percentage points vs 09-2025 11-2025: 13.6%● unchanged vs 10-2025 12-2025: 13.6%● unchanged vs 11-2025 01-2026: 13.6%● unchanged vs 12-2025 02-2026: 13.6%● unchanged vs 01-2026 03-2026: 13.6%● unchanged vs 02-2026 04-2026: 13.6%● unchanged vs 03-2026 05-2026: 13.6%● unchanged vs 04-2026 06-2026: 13.2%▼ -0.4 percentage points vs 05-2026lowest value 07-2026: 13.2%● unchanged vs 06-2026lowest value 08-2026: 13.2%● unchanged vs 07-2026lowest value 09-2026: 22.4%▲ +9.2 percentage points vs 08-2026 10-2026: 17.2%▼ -5.2 percentage points vs 09-2026
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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2021 (filed 04-12-2022)
NBB · annual accounts
lowers risk · Founded in 1998
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: turnover €129,780, total assets €32,303
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 122 days late; 3 of the last 3 late
NBB · filings
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2022 year end31-07-2023 deadline11-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-11-2022, 122 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
122 days late
2020
103 days late
2019
176 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 134 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 publications
Publications
Late accounts filing
  1. Late accounts filingevent 18-08-2026
  2. Annual accounts filedfinancial year 2021 · abbreviated…
  3. Back to profitnet €1,839

Key points

  • Risk: Accounts not fileddeadline was 31-07-2023 1168 days late View
  • Risk: Negative equityfinancial year 2021: debts exceed assets -€23,160 View
  • Active since 1998founded 20-05-1998 28 years View

By topic

Financials

Financial year
2021
Turnover
€129,780
Profit
€1,839
Solvency
-71.7%
Turnover▲ 20.3%
Net result
20192021
Go to Financials

Timeline

Events
26
Since
1999
  1. 11-11-2021Annual accounts filed
  2. 23-01-2021Annual accounts filed
  3. 31-12-2020Weakest financial year
Go to Timeline

Company details

Legal form
Private limited company (pre-2019)
Founded
20-05-1998
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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