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C.G.S.

Active
Public limited companyfounded 199134 yrs activeBrusselsesteenweg(P.E.) 181, 7850 Enghien, BelgiumKBO/BCE: BE 0446.225.536
Summary

C.G.S. has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,192 and a net result of €8,522. Equity is shrinking by ~16.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 71% of 14676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

What they do
Cafés and bars
NACE 56301
1 site
How big
€62,256total assets 2025
Staff
1.3 FTE
Equity
€34,192
Profit
€8,522
Turnover not published (abridged schema)
Financially healthy?
84 Excellent Checked score 2025
Bankruptcy chance 12 m
0.9%
Who decides
Board
1 member
Accounts 75 d early1 of 5 deeds read
Why 84- Higher-failure-rate sector- Higher-failure-rate region+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profile+ Growing equityLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability86▲+13
Solvency80▲+13
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.38 against 1.96 in 2024; short-term debt: 29.3% and cash: 57.7% of total assets), and 45.1% of the assets are financed with debt.
Credit check for your own amount and term

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Signals

Seven 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
54.9%
Return on assets
13.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €34,192
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 17-05-2026, 75 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
75 d early
2024
40 d early
2023
53 d early
2022
64 d early
2021
50 d early
2020
60 d early
2019
44 d early
← 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 55 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

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. Usually files around 9 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Appointment: Cindy Deneweth (director)State Gazette act
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Highest result since 2018net €8,522 ▲148%

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • New directorlatest change 04-05-2026 · 1 in office 1 joined View
  • Active since 1991founded 30-12-1991 34 years View

By topic

Financials

Fiscal year
2025
Total assets
€62,256
Profit
€8,522
Solvency
54.9%
Total assets▲ 0.7%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 24-06-2026Appointment: Cindy Deneweth (director)
  2. 17-05-2026Annual accounts filed
  3. 31-12-2025Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Cafés and barsNACE 56301
Founded
30-12-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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