C.G.UNION
ActiveSummary
C.G.UNION has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€35,783) and a net result of -€37,956. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 10522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▼-63
Solvency15▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.87 against 1.0 in 2024; short-term debt: 61% and cash: 20.7% of total assets), and equity is negative.
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Signals
Six 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-9.7%
Return on assets
-10.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€35,783
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
28 d early
2023
28 d early
2022
32 d early
2021
34 d early
2020
33 d early
2019
30 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 30 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 3 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€35,783
2024 · €2,173
Total assets
€369,280▼ 6.0%
2024 · €392,967
Net result
-€37,956
2024 · €49,995
Working capital
-€28,829
2024 · €564
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,972▼ 60.8%€8,659▼ 38.0%-€58,082€58,752-€29,220
Net result€5,203within the sector's middle half▼ 85.4%€855within the sector's middle half▼ 83.6%-€66,481below the sector's middle half€49,995above the sector's middle half-€37,956below the sector's middle half
Equity€17,803within the sector's middle half▲ 41.3%€18,658within the sector's middle half▲ 4.8%-€47,823below the sector's middle half€2,173below the sector's middle half-€35,783below the sector's middle half
Total assets€375,261above the sector's middle half▲ 75.9%€337,996above the sector's middle half▼ 9.9%€287,029within the sector's middle half▼ 15.1%€392,967above the sector's middle half▲ 36.9%€369,280within the sector's middle half▼ 6.0%
Debt€357,457▲ 78.0%€319,337▼ 10.7%€334,851▲ 4.9%€390,794▲ 16.7%€405,063▲ 3.7%
Working capital€13,754within the sector's middle half▼ 44.6%€11,566within the sector's middle half▼ 15.9%-€46,800below the sector's middle half€564within the sector's middle half-€28,829below the sector's middle half
Solvency4.7%below the sector's middle half▼ 1.2pp5.5%within the sector's middle half▲ 0.8pp-16.7%below the sector's middle half▼ 22.2pp0.6%below the sector's middle half▲ 17.2pp-9.7%below the sector's middle half▼ 10.2pp
Current ratio1.10within the sector's middle half▼ 0.061.09within the sector's middle half▼ 0.020.72below the sector's middle half▼ 0.371.00within the sector's middle half▲ 0.280.87below the sector's middle half▼ 0.13
Return on assets (ROA)1.4%within the sector's middle half▼ 15.3pp0.3%within the sector's middle half▼ 1.1pp-23.2%below the sector's middle half▼ 23.4pp12.7%above the sector's middle half▲ 35.9pp-10.3%below the sector's middle half▼ 23.0pp
Staff (FTE)1.2▲ 100%1.4▲ 16.7%1.4=1.1▼ 21.4%1.5within the sector's middle half▲ 36.4%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €29,220 after €58,752 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €369,280
Fixed assets
€172,860 ▼ 20.4%
Current assets
€196,420 ▲ 11.8%
Key figures and ratios
EBITDA
€16,916▼
2024 · €104,870
Cash flow
€8,181▼
2024 · €96,113
Quick ratio
0.41▼
2024 · 0.48
Debt to equity
-11.32
Interest coverage
1.96▼
2024 · 11.89
Debt ≤ 1 year
€225,249▲
2024 · €175,142
Debt > 1 year
€179,814▼
2024 · €215,653
Income taxes
€112▲
2024 · €18
Staff costs
€57,600▲
2024 · €27,491
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.6%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,622 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €10,988 | €30,959 | €29,282 | €27,491 | €57,600 | ▲ 110% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,494 | €33,585 | €26,802 | €46,118 | €46,137 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €33,064 | - | €9,530 | €6,365 | €8,368 | ▲ 31.5% |
| Other operating charges640/8 | €43,979 | €9,012 | €2,530 | €23,184 | €10,625 | ▼ 54.2% |
| Gross operating margin9900 | €114,498 | €82,215 | €10,061 | €161,910 | €93,509 | ▼ 42.2% |
| Operating profit (loss)9901 | €13,972 | €8,659 | -€58,082 | €58,752 | -€29,220 | ▼ 150% |
| Financial income75/76B | €1 | €1 | €0 | €85 | €6 | ▼ 93.4% |
| Recurring financial income75 | €1 | €1 | €0 | €85 | €6 | ▼ 93.4% |
| Financial charges65/66B | €8,770 | €7,805 | €8,399 | €8,824 | €8,629 | ▼ 2.2% |
| Recurring financial charges65 | €8,770 | €7,805 | €8,399 | €8,824 | €8,629 | ▼ 2.2% |
| Profit (loss) for the period before taxes9903 | €5,203 | €855 | -€66,481 | €50,013 | -€37,843 | ▼ 176% |
| Income taxes67/77 | - | - | - | €18 | €112 | ▲ 526% |
| Profit (loss) for the period9904 | €5,203 | €855 | -€66,481 | €49,995 | -€37,956 | ▼ 176% |
| Profit (loss) for the period to be appropriated9905 | €5,203 | €855 | -€66,481 | €49,995 | -€37,956 | ▼ 176% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €375,261 | €337,996 | €287,029 | €392,967 | €369,280 | ▼ 6.0% |
| Fixed assets21/28 | €226,287 | €192,701 | €165,899 | €217,262 | €172,860 | ▼ 20.4% |
| Tangible fixed assets22/27 | €226,287 | €192,701 | €165,899 | €217,262 | €172,860 | ▼ 20.4% |
| Land and buildings22 | €145,667 | €132,667 | €119,667 | €106,667 | €93,667 | ▼ 12.2% |
| Furniture and vehicles24 | €80,620 | €60,034 | €46,232 | €110,595 | €79,193 | ▼ 28.4% |
| Current assets29/58 | €148,974 | €145,295 | €121,130 | €175,705 | €196,420 | ▲ 11.8% |
| Stocks and contracts in progress3 | €62,794 | €59,039 | €70,541 | €92,371 | €103,320 | ▲ 11.9% |
| Stocks30/36 | €62,794 | €59,039 | €70,541 | €92,371 | €103,320 | ▲ 11.9% |
| Amounts receivable within one year40/41 | €7,057 | €16,666 | €3,908 | €17,187 | €7,306 | ▼ 57.5% |
| Trade receivables40 | - | €13,233 | €1,347 | - | - | - |
| Other amounts receivable41 | €7,057 | €3,434 | €2,561 | €17,187 | €7,306 | ▼ 57.5% |
| Cash at bank and in hand54/58 | €69,429 | €62,017 | €40,773 | €53,908 | €76,553 | ▲ 42.0% |
| Deferred charges and accrued income490/1 | €9,694 | €7,573 | €5,907 | €12,239 | €9,241 | ▼ 24.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €375,261 | €337,996 | €287,029 | €392,967 | €369,280 | ▼ 6.0% |
| Equity10/15 | €17,803 | €18,658 | -€47,823 | €2,173 | -€35,783 | ▼ 1,747% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | €18,592 | - | - | - | - | - |
| Issued capital100 | €18,592 | - | - | - | - | - |
| Outside capital11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Share premium1100/10 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€789 | €66 | -€66,415 | -€16,419 | -€54,375 | ▼ 231% |
| Amounts payable17/49 | €357,457 | €319,337 | €334,851 | €390,794 | €405,063 | ▲ 3.7% |
| Amounts payable after more than one year17 | €222,237 | €185,609 | €166,921 | €215,653 | €179,814 | ▼ 16.6% |
| Financial debts170/4 | €144,997 | €115,369 | €95,808 | €146,643 | €110,838 | ▼ 24.4% |
| Other amounts payable178/9 | €77,240 | €70,240 | €71,113 | €69,009 | €68,976 | = |
| Amounts payable within one year42/48 | €135,220 | €133,729 | €167,930 | €175,142 | €225,249 | ▲ 28.6% |
| Current portion of amounts payable after more than one year42 | €30,548 | €24,824 | €19,561 | €38,220 | €34,652 | ▼ 9.3% |
| Trade debts44 | €100,008 | €103,906 | €106,785 | €85,605 | €186,567 | ▲ 118% |
| Suppliers440/4 | €100,008 | €103,906 | €106,785 | €85,605 | €186,567 | ▲ 118% |
| Taxes, remuneration and social security45 | €4,664 | €4,998 | €41,584 | €51,316 | €4,030 | ▼ 92.1% |
| Taxes450/3 | €3,020 | - | €35,429 | €45,226 | €2,794 | ▼ 93.8% |
| Remuneration and social security454/9 | €1,644 | €4,998 | €6,155 | €6,090 | €1,237 | ▼ 79.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,203 | €855 | -€66,481 | €49,995 | -€37,956 | ▼ 176% |
| + Depreciation and write-downs630 | €12,494 | €33,585 | €26,802 | €46,118 | €46,137 | = |
| Operating cash flow (approximation) | €17,697 | €34,440 | -€39,678 | €96,113 | €8,181 | ▼ 91.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€97,481 | -€1,735 | ▲ 98.2% |
| Change in cash | - | -€7,412 | -€21,243 | €13,135 | €22,644 | ▲ 72.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €49,995
Net result €49,995 after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€66,481
Net result drops to -€66,481, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €29,150
Net result €29,150 after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Binche · 1 establishment unit since 2000
Ground area
2,128 m²
Building footprint
386 m²
Volume, LiDAR
1,634 m³
Parcel 56043C0001/00D002, Wallonia · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TOTAL
since 20002.093.809.831
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56043C0001/00D002 | Wallonia | 2,128 m² | 1 · 386 m² | 6.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBinche2.093.809.831
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Of 1,265 companies in sector 47300 we hold annual accounts for 951. 139 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-04-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471604892
Registered
08-09-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.