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CEGI

Active
Private limited companyfounded 198243 yrs activeTienne-Jean-Pierre 12, 5150 Floreffe, BelgiumKBO/BCE: BE 0423.198.231
Summary

CEGI has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€28,720) and a net result of €1,136. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability72▲+6
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 43 years 0 50 y
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 2025
Age of the figures
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 32629 sector peers (2025).
NBB · sector comparison
Position among 32629 sector peers
Solvency
better than 5%
← weakest strongest →
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 16-04-2026, 106 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
106 d early
2024
112 d early
2023
100 d early
2022
94 d early
2021
88 d early
2020
103 d early
2019
93 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 99 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 23 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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

History

CEGI was incorporated on 18 November 1982.1 Total assets fell from EUR 3,293 in 2018 to EUR 1,865 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1,136▲ 6.1%
2024 · €1,071
Working capital
-€26,675▼ 21.6%
2024 · -€21,931
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,436€2,038€2,868▲ 40.7%€2,371▼ 17.3%€2,626▲ 10.8%
Net result-€2,780below the sector's middle half€25below the sector's middle half€1,221below the sector's middle half▲ 4,784%€1,071below the sector's middle half▼ 12.3%€1,136below the sector's middle half▲ 6.1%
Equity-€32,173below the sector's middle half▼ 9.5%-€32,148below the sector's middle half▲ 0.1%-€30,927below the sector's middle half▲ 3.8%-€29,856below the sector's middle half▲ 3.5%-€28,720below the sector's middle half▲ 3.8%
Total assets€3,532below the sector's middle half▲ 530%€1,665below the sector's middle half▼ 52.9%€2,469below the sector's middle half▲ 48.3%€1,865below the sector's middle half▼ 24.5%€828below the sector's middle half▼ 55.6%
Debt€35,705▲ 19.2%€33,813▼ 5.3%€33,396▼ 1.2%€31,721▼ 5.0%€29,548▼ 6.9%
Working capital-€20,588within the sector's middle half▲ 30.9%-€11,963within the sector's middle half▲ 41.9%-€16,745below the sector's middle half▼ 40.0%-€21,931below the sector's middle half▼ 31.0%-€26,675below the sector's middle half▼ 21.6%
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000Operating result 2021: -€2,436-€2,436Net result 2021: -€2,780-€2,780Operating result 2022: €2,038€2,038Net result 2022: €25€25Operating result 2023: €2,868€2,868Net result 2023: €1,221€1,221Operating result 2024: €2,371€2,371Net result 2024: €1,071€1,071Operating result 2025: €2,626€2,626Net result 2025: €1,136€1,13620212022202320242025€0€1,000€2,000€3,000Operating result 2023: €2,868€2,870Net result 2023: €1,221€1,220Operating result 2024: €2,371€2,370Net result 2024: €1,071€1,070Operating result 2025: €2,626€2,630Net result 2025: €1,136€1,140202320242025
The operating result recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €828
Fixed assets €468 ▼ 20.3%
Current assets €360 ▼ 71.8%
Equity and liabilities
Equity-€28,720
Debt€29,548
Equity is negative: debt (€29,548) exceeds the balance-sheet total (€828).
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,745▲
2024 · €2,470
Cash flow
€1,255▲
2024 · €1,170
Interest coverage
2.65▲
2024 · 1.90
Debt ≤ 1 year
€27,035▲
2024 · €23,209
Debt > 1 year
€2,500▼
2024 · €8,500
Income taxes
€456
Ratios withheld: a balance sheet total of €828 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.7% went bankrupt
5.3% stopped otherwise
92% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 3,795 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€1,865€828▼
Fixed assets21/28€587€468▼
Tangible fixed assets22/27€257€138▼
Furniture and vehicles24€257€138▼
Financial fixed assets28€330€330=
Current assets29/58€1,278€360▼
Amounts receivable within one year40/41€1,089€117▼
Trade receivables40€1,089€117▼
Current investments50/53€97-
Cash at bank and in hand54/58-€145
Deferred charges and accrued income490/1€92€98▲
Equity and liabilities
Total equity and liabilities10/49€1,865€828▼
Equity10/15-€29,856-€28,720▲
Contributions10/11€18,592€18,592=
Outside capital11€18,592€18,592=
Other1109/19€18,592€18,592=
Reserves13€65,671€65,671=
Tax-exempt reserves132€63,812€63,812=
Distributable reserves133€1,859€1,859=
Profit (loss) carried forward14-€114,119-€112,983▲
Amounts payable17/49€31,721€29,548▼
Amounts payable after more than one year17€8,500€2,500▼
Financial debts170/4€8,500€2,500▼
Amounts payable within one year42/48€23,209€27,035▲
Current portion of amounts payable after more than one year42€6,000€6,000=
Financial debts43€972-
Other loans439€972-
Trade debts44-€13
Suppliers440/4-€13
Taxes, remuneration and social security45€494€738▲
Taxes450/3€494€738▲
Other amounts payable47/48€15,743€20,284▲
Accrued charges and deferred income492/3€12€13▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99€119▲
Gross operating margin9900€2,470€2,745▲
Operating profit (loss)9901€2,371€2,626▲
Financial charges65/66B€1,300€1,034▼
Recurring financial charges65€1,300€1,034▼
Profit (loss) for the period before taxes9903€1,071€1,592▲
Income taxes67/77-€456
Profit (loss) for the period9904€1,071€1,136▲
Profit (loss) for the period to be appropriated9905€1,071€1,136▲
Appropriation of the result
Profit (loss) to be appropriated9906-€114,119-€112,983▲
Profit (loss) brought forward from the previous period14P-€115,190-€114,119▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€99€119▲ 20.2%
Gross operating margin9900-€2,436€2,038€2,868€2,470€2,745▲ 11.1%
Operating profit (loss)9901-€2,436€2,038€2,868€2,371€2,626▲ 10.8%
Financial charges65/66B€274€2,013€1,647€1,300€1,034▼ 20.5%
Recurring financial charges65€274€2,013€1,647€1,300€1,034▼ 20.5%
Profit (loss) for the period before taxes9903-€2,710€25€1,221€1,071€1,592▲ 48.6%
Income taxes67/77€70---€456-
Profit (loss) for the period9904-€2,780€25€1,221€1,071€1,136▲ 6.1%
Profit (loss) for the period to be appropriated9905-€2,780€25€1,221€1,071€1,136▲ 6.1%
Line20212022202320242025Change
Assets
Total assets20/58€3,532€1,665€2,469€1,865€828▼ 55.6%
Fixed assets21/28€415€330€330€587€468▼ 20.3%
Tangible fixed assets22/27---€257€138▼ 46.3%
Furniture and vehicles24---€257€138▼ 46.3%
Financial fixed assets28€415€330€330€330€330=
Current assets29/58€3,117€1,335€2,139€1,278€360▼ 71.8%
Amounts receivable within one year40/41€3,065€1,089€1,165€1,089€117▼ 89.3%
Trade receivables40€3,065€1,089€1,089€1,089€117▼ 89.3%
Other amounts receivable41--€76---
Current investments50/53---€97--
Cash at bank and in hand54/58€52€172€891-€145-
Deferred charges and accrued income490/1-€74€83€92€98▲ 6.5%
Equity and liabilities
Total equity and liabilities10/49€3,532€1,665€2,469€1,865€828▼ 55.6%
Equity10/15-€32,173-€32,148-€30,927-€29,856-€28,720▲ 3.8%
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=
Other1109/19-€18,592€18,592€18,592€18,592=
Reserves13€65,671€65,671€65,671€65,671€65,671=
Non-distributable reserves130/1€1,859€1,859----
Legal reserve130€1,859€1,859----
Tax-exempt reserves132€63,812€63,812€63,812€63,812€63,812=
Distributable reserves133--€1,859€1,859€1,859=
Profit (loss) carried forward14-€116,436-€116,411-€115,190-€114,119-€112,983▲ 1.0%
Amounts payable17/49€35,705€33,813€33,396€31,721€29,548▼ 6.9%
Amounts payable after more than one year17€12,000€20,500€14,500€8,500€2,500▼ 70.6%
Financial debts170/4€12,000€20,500€14,500€8,500€2,500▼ 70.6%
Amounts payable within one year42/48€23,705€13,298€18,884€23,209€27,035▲ 16.5%
Current portion of amounts payable after more than one year42-€6,000€6,000€6,000€6,000=
Financial debts43€568€588-€972--
Credit institutions430/8€568€588----
Other loans439---€972--
Trade debts44€6,517€5,213--€13-
Suppliers440/4€6,517€5,213--€13-
Taxes, remuneration and social security45€3,155€796€415€494€738▲ 49.4%
Taxes450/3€3,155€796€415€494€738▲ 49.4%
Other amounts payable47/48€13,465€701€12,469€15,743€20,284▲ 28.8%
Accrued charges and deferred income492/3-€15€12€12€13▲ 8.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€2,780€25€1,221€1,071€1,136▲ 6.1%
+ Depreciation and write-downs630---€99€119▲ 20.2%
Operating cash flow (approximation)-€2,780€25€1,221€1,170€1,255▲ 7.3%
Investment in fixed assets (approximation)-€85€0-€356€0▲ 100%
Change in cash-€120€719---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
10-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
22-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €25
Net result €25 after one loss-making year.
04-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet -€2,780
Net result drops to -€2,780, the lowest in the series; recovery starts the following year.
19-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Highest result since 2018net €7,448 ▲5,258%
Operating result €10,588, net result €7,448, both a record.
29-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
24-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
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 2 acts read
About the unread acts

We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Floreffe · 1 establishment unit since 1982
seat establishment The establishment unit on the map
Ground area
692 m²
Building footprint
136 m²
Volume, LiDAR
939 m³
Parcel 92045G0680/00A002, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Tienne-Jean-Pierre 12, 5150 Floreffe
Business consulting
since 19822.021.370.726
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92045G0680/00A002 Wallonia 692 m² 1 · 136 m² 9.0 m · 3 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2021 list no shareholders, and no other source names one.

Holdings 1

According to the 2021 annual accounts of CEGI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,601 companies in this sector we hold annual accounts for 52,629. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded18-11-1982
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0423198231
Also 9925:BE0423198231
Registered 08-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.