CENTRAL GROUP
ActiveSummary
The computed 12-month bankruptcy probability of CENTRAL GROUP is 1.6% (moderate). The 2024 annual accounts show equity of €170,895 and a net result of €18,121. Equity is growing by ~43.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 5899 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-2
Solvency64▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.94 against 2.19 in 2023; short-term debt: 49.6% and cash: 0.1% of total assets), but 61.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% 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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-02-2026, 194 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
194 d late
2023
184 d late
2022
72 d late
2021
50 d late
2020
19 d early
2019
70 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 92 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€390,305▼ 49.1%
2023 · €766,371
EBIT margin
7.9%▲ 2.2pp
2023 · 5.7%
Net result
€18,121▼ 55.3%
2023 · €40,518
Working capital
€207,485▲ 12.6%
2023 · €184,321
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, 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
Line20202021202220232024
Turnover€766,371€390,305▼ 49.1%
Operating result€14,571▲ 578%€29,654▲ 104%€48,575▲ 63.8%€43,817▼ 9.8%€30,869▼ 29.6%
Net result€14,361within the sector's middle half▲ 587%€28,823above the sector's middle half▲ 101%€41,269above the sector's middle half▲ 43.2%€40,518above the sector's middle half▼ 1.8%€18,121within the sector's middle half▼ 55.3%
EBIT margin5.7%7.9%▲ 2.2pp
Equity€42,165below the sector's middle half▲ 51.6%€70,987within the sector's middle half▲ 68.4%€112,257within the sector's middle half▲ 58.1%€152,775above the sector's middle half▲ 36.1%€170,895above the sector's middle half▲ 11.9%
Total assets€51,847below the sector's middle half▲ 52.0%€128,834within the sector's middle half▲ 148%€197,841within the sector's middle half▲ 53.6%€362,365above the sector's middle half▲ 83.2%€443,353above the sector's middle half▲ 22.4%
Debt€9,683▲ 53.5%€57,846▲ 497%€85,584▲ 48.0%€209,590▲ 145%€272,458▲ 30.0%
Working capital€42,165within the sector's middle half▲ 51.6%€70,050above the sector's middle half▲ 66.1%€78,638above the sector's middle half▲ 12.3%€184,321above the sector's middle half▲ 134%€207,485above the sector's middle half▲ 12.6%
Solvency81.3%above the sector's middle half▼ 0.2pp55.1%within the sector's middle half▼ 26.2pp56.7%within the sector's middle half▲ 1.6pp42.2%within the sector's middle half▼ 14.6pp38.5%within the sector's middle half▼ 3.6pp
Current ratio5.35above the sector's middle half▼ 0.052.21within the sector's middle half▼ 3.141.95within the sector's middle half▼ 0.262.19within the sector's middle half▲ 0.251.94within the sector's middle half▼ 0.25
Return on assets (ROA)27.7%above the sector's middle half▲ 21.6pp22.4%above the sector's middle half▼ 5.3pp20.9%above the sector's middle half▼ 1.5pp11.2%within the sector's middle half▼ 9.7pp4.1%within the sector's middle half▼ 7.1pp
Staff (FTE)0below the sector's middle half010.18.4▼ 16.8%
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, 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 has fallen two years in a row; 2024 is 30% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €443,353
Fixed assets
€15,949 ▼ 32.9%
Current assets
€427,404 ▲ 26.2%
Equity and liabilities €443,353
Equity
€170,895 ▲ 11.9%
Debt
€272,458 ▲ 30.0%
Debt's share of the balance-sheet total rises from 57.8% to 61.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41,704▼
2023 · €56,444
Cash flow
€28,956▼
2023 · €53,145
Debt to equity
1.59▲
2023 · 1.37
ROE
10.6%▼
2023 · 26.5%
Interest coverage
18.03▲
2023 · 16.53
Debt ≤ 1 year
€219,920▲
2023 · €154,271
Debt > 1 year
€0▼
2023 · €2,780
Income taxes
€10,464▲
2023 · €0
Staff costs
€40,292▼
2023 · €83,751
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 10,905 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €766,371 | €390,305 | ▼ 49.1% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €620,140 | €310,280 | ▼ 50.0% |
| Remuneration, social security and pensions62 | - | €49,238 | €58,423 | €83,751 | €40,292 | ▼ 51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €63 | €7,647 | €12,627 | €10,835 | ▼ 14.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €16,014 | €14,715 | - | - | - |
| Other operating charges640/8 | - | €2,163 | €5,909 | €8,283 | €397 | ▼ 95.2% |
| Non-recurring operating charges66A | - | - | €2,115 | - | €199 | - |
| Gross operating margin9900 | €57,679 | €97,131 | €137,384 | €148,478 | €82,591 | ▼ 44.4% |
| Operating profit (loss)9901 | €14,571 | €29,654 | €48,575 | €43,817 | €30,869 | ▼ 29.6% |
| Financial income75/76B | - | - | - | €116 | €28 | ▼ 75.7% |
| Recurring financial income75 | - | - | - | €116 | €28 | ▼ 75.7% |
| Financial charges65/66B | - | €831 | €3,232 | €3,416 | €2,312 | ▼ 32.3% |
| Recurring financial charges65 | €210 | €831 | €3,232 | €3,416 | €2,312 | ▼ 32.3% |
| Profit (loss) for the period before taxes9903 | €14,361 | €28,823 | €45,344 | €40,518 | €28,584 | ▼ 29.5% |
| Income taxes67/77 | - | - | €4,074 | €0 | €10,464 | - |
| Profit (loss) for the period9904 | €14,361 | €28,823 | €41,269 | €40,518 | €18,121 | ▼ 55.3% |
| Profit (loss) for the period to be appropriated9905 | €14,361 | €28,823 | €41,269 | €40,518 | €18,121 | ▼ 55.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,847 | €128,834 | €197,841 | €362,365 | €443,353 | ▲ 22.4% |
| Fixed assets21/28 | - | €937 | €36,399 | €23,772 | €15,949 | ▼ 32.9% |
| Tangible fixed assets22/27 | - | €937 | €36,399 | €23,772 | €15,949 | ▼ 32.9% |
| Plant, machinery and equipment23 | - | - | €3,790 | €2,950 | €3,524 | ▲ 19.4% |
| Furniture and vehicles24 | - | €937 | €32,609 | €20,822 | €12,426 | ▼ 40.3% |
| Current assets29/58 | €51,847 | €127,897 | €161,442 | €338,592 | €427,404 | ▲ 26.2% |
| Amounts receivable within one year40/41 | €51,841 | €126,940 | €149,031 | €336,342 | €426,853 | ▲ 26.9% |
| Trade receivables40 | - | €77,829 | €76,450 | €282,639 | €355,172 | ▲ 25.7% |
| Other amounts receivable41 | - | €49,111 | €72,581 | €53,703 | €71,681 | ▲ 33.5% |
| Cash at bank and in hand54/58 | €7 | €957 | €12,411 | €2,250 | €551 | ▼ 75.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,847 | €128,834 | €197,841 | €362,365 | €443,353 | ▲ 22.4% |
| Equity10/15 | €42,165 | €70,987 | €112,257 | €152,775 | €170,895 | ▲ 11.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €7,115 | €7,115 | €7,115 | €7,115 | €7,115 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €5,255 | €5,255 | €5,255 | €5,255 | = |
| Profit (loss) carried forward14 | €16,450 | €45,273 | €86,542 | €127,060 | €145,181 | ▲ 14.3% |
| Amounts payable17/49 | €9,683 | €57,846 | €85,584 | €209,590 | €272,458 | ▲ 30.0% |
| Amounts payable after more than one year17 | - | - | €2,780 | €2,780 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €2,780 | €2,780 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €9,683 | €57,846 | €82,804 | €154,271 | €219,920 | ▲ 42.6% |
| Current portion of amounts payable after more than one year42 | - | - | €12,195 | €2,780 | €3,787 | ▲ 36.2% |
| Financial debts43 | - | - | - | - | €4,006 | - |
| Credit institutions430/8 | - | - | - | - | €4,006 | - |
| Trade debts44 | €121 | €35,316 | €35,189 | €133,646 | €198,332 | ▲ 48.4% |
| Suppliers440/4 | - | €35,316 | €35,189 | €133,646 | €198,332 | ▲ 48.4% |
| Taxes, remuneration and social security45 | - | €21,231 | €34,120 | €16,544 | €12,346 | ▼ 25.4% |
| Taxes450/3 | - | €929 | €20,431 | €3,235 | €614 | ▼ 81.0% |
| Remuneration and social security454/9 | - | €20,302 | €13,688 | €13,309 | €11,732 | ▼ 11.8% |
| Other amounts payable47/48 | - | €1,300 | €1,300 | €1,300 | €1,450 | ▲ 11.5% |
| Accrued charges and deferred income492/3 | - | - | - | €52,538 | €52,538 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,361 | €28,823 | €41,269 | €40,518 | €18,121 | ▼ 55.3% |
| + Depreciation and write-downs630 | - | €63 | €7,647 | €12,627 | €10,835 | ▼ 14.2% |
| Operating cash flow (approximation) | €14,361 | €28,886 | €48,916 | €53,145 | €28,956 | ▼ 45.5% |
| Investment in fixed assets (approximation) | - | - | -€43,109 | €0 | -€3,012 | - |
| Change in cash | - | €950 | €11,454 | -€10,161 | -€1,699 | ▲ 83.3% |
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
2026
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 194 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 184 days late
2023
31-12
Financial
Equity above €150,000Eq €152,775 ▲36.1%
6 profitable years in a row build equity to €152,775.
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
31-12
Financial
Highest result since 2018net €41,269 ▲43.2%
Operating result €48,575, net result €41,269, both a record.
31-12
Financial
Equity above €100,000Eq €112,257 ▲58.1%
5 profitable years in a row build equity to €112,257.
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 50 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Schaarbeek · 1 establishment unit since 2020
Ground area
133 m²
Building footprint
122 m²
Volume, LiDAR
1,657 m³
Parcel 21906D0120/00C007, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CENTRAL GROUP
since 20202.303.017.649
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0120/00C007 | Brussels | 133 m² | 1 · 122 m² | 18.3 m · 5 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.
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Of 7,364 companies in sector 81210 we hold annual accounts for 2,741. 2,003 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
Founded16-12-2008
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
41001General construction of residential buildings
46831Wholesale of construction materials, general range
52249Warehousing and support activities for transportation
E-invoicing
Not found in the Peppol register
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.