C.G.P.
ActiveSummary
C.G.P. has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143k and a net result of €33k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+4
Solvency84▼-16
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.48 against 5.34 in 2024; short-term debt: 34.7% and cash: 76.3% of total assets), and 41.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.8%
Return on assets
13.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
22 d late
2023
12 d late
2022
28 d late
2021
18 d late
2020
27 d late
2019
63 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€143k▼ 32.1%
2024 · €210k
2018: €125k
2019: €166k
2020: €195k
2021: €224k
2022: €211k
2023: €240k
2024: €210k
2018 → 2025
Total assets
€243k▼ 5.1%
2024 · €256k
2018: €212k
2019: €212k
2020: €272k
2021: €279k
2022: €301k
2023: €302k
2024: €256k
2018 → 2025
Net result
€33k▲ 27.6%
2024 · €26k
2018: €34k
2019: €41k
2020: €31k
2021: €30k
2022: €24k
2023: €29k
2024: €26k
2018 → 2025
Working capital
€124k▼ 34.0%
2024 · €188k
2018: €114k
2019: €152k
2020: €189k
2021: €210k
2022: €186k
2023: €215k
2024: €188k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€224k-€211k▼ 5.9%€240k▲ 13.5%€210k▼ 12.3%€143k▼ 32.1%
Operating result€42k-€36k▼ 14.3%€42k▲ 17.4%€35k▼ 16.7%€37k▲ 4.9%
Net result€30k-€24k▼ 19.1%€29k▲ 17.2%€26k▼ 8.3%€33k▲ 27.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €243k
Fixed assets
€34k ▲ 42.1%
Current assets
€208k ▼ 10.1%
Equity and liabilities €243k
Equity
€143k ▼ 32.1%
Debt
€100k ▲ 119%
Debt's share of the balance-sheet total rises from 17.8% to 41.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€51k▲
2024 · €48k
Cash flow
€48k▲
2024 · €39k
Current ratio
2.48▼
2024 · 5.34
Quick ratio
2.47▼
2024 · 5.33
Debt to equity
0.70▲
2024 · 0.22
ROE
23.4%▲
2024 · 12.4%
ROA
13.8%▲
2024 · 10.2%
Interest coverage
39.41▼
2024 · 52.73
Debt ≤ 1 year
€84k▲
2024 · €43k
Debt > 1 year
€16k▲
2024 · €2k
Income taxes
€13k▲
2024 · €11k
Staff costs
€14k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€256k€243k▼
Fixed assets21/28€24k€34k▲
Tangible fixed assets22/27€24k€34k▲
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€1k€1k▲
Furniture and vehicles24€20k€31k▲
Financial fixed assets28€193€193=
Current assets29/58€232k€208k▼
Stocks and contracts in progress3€450€450=
Stocks30/36€450€450=
Amounts receivable within one year40/41€15k€22k▲
Trade receivables40€7k€13k▲
Other amounts receivable41€8k€9k▲
Cash at bank and in hand54/58€214k€185k▼
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€256k€243k▼
Equity10/15€210k€143k▼
Contributions10/11€6k€6k=
Reserves13€182k€136k▼
Distributable reserves133€182k€136k▼
Profit (loss) carried forward14€22k-
Amounts payable17/49€46k€100k▲
Amounts payable after more than one year17€2k€16k▲
Financial debts170/4€2k€16k▲
Amounts payable within one year42/48€43k€84k▲
Current portion of amounts payable after more than one year42€7k€8k▲
Financial debts43-€14k
Credit institutions430/8-€14k
Trade debts44€24k€7k▼
Suppliers440/4€24k€7k▼
Taxes, remuneration and social security45€8k€8k▼
Taxes450/3€8k€3k▼
Remuneration and social security454/9€497€5k▲
Other amounts payable47/48€5k€47k▲
Accrued charges and deferred income492/3€11-
Income statement
Code20242025
Remuneration, social security and pensions62€4k€14k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€52k€66k▲
Operating profit (loss)9901€35k€37k▲
Financial income75/76B€3k€11k▲
Recurring financial income75€1k€1k▼
Non-recurring financial income76B€2k€10k▲
Financial charges65/66B€904€1k▲
Recurring financial charges65€904€1k▲
Profit (loss) for the period before taxes9903€37k€46k▲
Income taxes67/77€11k€13k▲
Profit (loss) for the period9904€26k€33k▲
Profit (loss) for the period to be appropriated9905€26k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€56k▲
Profit (loss) brought forward from the previous period14P€22k€22k=
Transfer from equity791/2€56k€101k▲
Transfer to equity691/2€26k€56k▲
To other reserves6921€26k€56k▲
Profit to be distributed694/7€56k€101k▲
Return on contributions (dividend)694€56k€101k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €24k ▼19.1%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Equity above €200kEq €224k ▲15%
4 profitable years in a row build equity to €224k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
31-12
Financial
Highest result since 2018net €41k ▲20.2%
Operating result €57k, net result €41k, both a record.
31-12
Financial
Equity above €150kEq €166k ▲32.5%
2 profitable years in a row build equity to €166k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ganzenweidestraat 1291130 BrusselGround area
457 m²
Building footprint
181 m²
Volume, LiDAR
1,563 m³
2 parcels, Brussels · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
C.G.P.
since 19972.080.362.562
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821A0603/00D000 | Brussels | 374 m² | 1 · 82 m² | 13.7 m · 4 fl. |
| 21372D0155/00Z000 | Brussels | 82 m² | 1 · 99 m² | 14.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CLIMAMASTER
BE 0703.877.530
Genk · Eq €142,666
DE WILDE
BE 0810.960.085
Antwerpen · Eq €142,580
NRGIE CHAUFFAGE
BE 0752.885.888
Jodoigne · Eq €142,818
VIENTO
BE 0887.752.116
Sint-Gillis-Waas · Eq €142,870
PONS CHAUFFAGE
BE 1016.392.922
La Louvière · Eq €142,871
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,903 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-1996
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.