CEVG CONSTRUCT
InactiveOverview
Activity
“De groot-en kleinhandel, de in-en uitvoerhandel en doorverkoop van menigvuldige goederen in het bijzonder…” (deed in Dutch)
From the articles, 13 activitiesNo NACE code in the KBO yet
Size
€6,174total assets 2025
- Equity
- -€56,493
- Loss
- -€8,616
Turnover not published (abbreviated or micro format)
Financial health
Inactive: no score
Structure
- Parent
- GALVAN · 100%
- GREEN FLAGDirector · permanent representative CLOET Tom
4 of 5 deeds summarised
Signalsraises riskNegative equity2025 accounts filed 21 days lateShow the evidence
Signals
Two signals.
raises risk
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 -€56,493
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
21 days late
2024
23 days early
2023
75 days late
2022
3 days early
2021
15 days late
2020
36 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- RestructuringPermanent representative: Tom Cloet ·…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (21 days) Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00413557.
Equity
-€56,493▼ 18.0%
2024 · -€47,877
Total assets
€6,174▲ 549%
2024 · €951
Net result
-€8,616▲ 56.7%
2024 · -€19,882
Working capital
-€56,493▼ 18.0%
2024 · -€47,877
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €8,509 in 2025 against €17,441 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€8,509
2025
Net result-€8,616
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€6,174
2025
Equity-€56,493
2025
Debt€62,667
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€56,493
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€5,212--€10,935▼ 110%-€1,354▲ 87.6%-€1,279▲ 5.6%-€2,208▼ 72.6%-€285▲ 87.1%-€17,441▼ 6,017%-€8,509▲ 51.2%
Net result-€5,554--€11,363▼ 105%-€1,425▲ 87.5%-€1,279▲ 10.2%-€2,305▼ 80.2%-€390▲ 83.1%-€19,882▼ 4,996%-€8,616▲ 56.7%
Equity-€11,232--€22,595▼ 101%-€24,020▼ 6.3%-€25,299▼ 5.3%-€27,604▼ 9.1%-€27,994▼ 1.4%-€47,877▼ 71.0%-€56,493▼ 18.0%
Total assets€21,321-€14,231▼ 33.3%€11,862▼ 16.6%€9,475▼ 20.1%€14,822▲ 56.4%€14,388▼ 2.9%€951▼ 93.4%€6,174▲ 549%
Debt€32,553-€36,826▲ 13.1%€35,882▼ 2.6%€34,774▼ 3.1%€42,427▲ 22.0%€42,383▼ 0.1%€48,828▲ 15.2%€62,667▲ 28.3%
Working capital-€31,755--€36,586▼ 15.2%-€35,624▲ 2.6%-€34,515▲ 3.1%-€38,667▼ 12.0%-€39,057▼ 1.0%-€47,877▼ 22.6%-€56,493▼ 18.0%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Key figures and ratios
Solvency
-915.0%
Current ratio
0.10
ROA
-139.5%
Debt ≤ 1 year
€62,667▲
2024 · €48,828
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €950 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,970 | €2,503 | €2,387 | €2,387 | €2,154 | €0 | - | - | - |
| Other operating charges640/8 | - | - | - | €156 | €81 | €222 | €50 | €0 | ▼ 100% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €11,062 | €0 | ▼ 100% |
| Gross operating margin9900 | €11,007 | -€3,665 | €1,033 | €1,264 | €27 | -€64 | -€6,329 | -€8,509 | ▼ 34.4% |
| Operating profit (loss)9901 | -€5,212 | -€10,935 | -€1,354 | -€1,279 | -€2,208 | -€285 | -€17,441 | -€8,509 | ▲ 51.2% |
| Financial income75/76B | - | - | - | - | - | - | €888 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | - | - | - | - | - | €888 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | - | - | - | €48 | €55 | €3,330 | €107 | ▼ 96.8% |
| Recurring financial charges65 | €342 | €341 | - | - | €48 | €55 | €3,330 | €107 | ▼ 96.8% |
| Profit (loss) for the period before taxes9903 | -€5,554 | -€11,276 | -€1,354 | -€1,279 | -€2,256 | -€340 | -€19,882 | -€8,616 | ▲ 56.7% |
| Income taxes67/77 | - | €87 | €70 | - | €49 | €50 | €0 | - | - |
| Profit (loss) for the period9904 | -€5,554 | -€11,363 | -€1,425 | -€1,279 | -€2,305 | -€390 | -€19,882 | -€8,616 | ▲ 56.7% |
| Profit (loss) for the period to be appropriated9905 | -€5,554 | -€11,363 | -€1,425 | -€1,279 | -€2,305 | -€390 | -€19,882 | -€8,616 | ▲ 56.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €21,321 | €14,231 | €11,862 | €9,475 | €14,822 | €14,388 | €951 | €6,174 | ▲ 549% |
| Fixed assets21/28 | €20,522 | €13,991 | €11,604 | €9,216 | €11,062 | €11,062 | €0 | - | - |
| Tangible fixed assets22/27 | €20,522 | €13,991 | €11,604 | €9,216 | €11,062 | €11,062 | €0 | - | - |
| Land and buildings22 | - | - | - | €9,134 | €7,329 | €7,329 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | €82 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €3,733 | €3,733 | €0 | - | - |
| Current assets29/58 | €798 | €240 | €259 | €259 | €3,760 | €3,326 | €951 | €6,174 | ▲ 549% |
| Amounts receivable within one year40/41 | €262 | €226 | €226 | €226 | €157 | €0 | €951 | €6,026 | ▲ 534% |
| Trade receivables40 | - | - | - | - | - | - | - | €4,582 | - |
| Other amounts receivable41 | - | - | - | €226 | €157 | €0 | €951 | €1,445 | ▲ 51.9% |
| Cash at bank and in hand54/58 | €537 | €14 | €32 | €32 | €3,603 | €3,326 | €0 | €148 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €21,321 | €14,231 | €11,862 | €9,475 | €14,822 | €14,388 | €951 | €6,174 | ▲ 549% |
| Equity10/15 | -€11,232 | -€22,595 | -€24,020 | -€25,299 | -€27,604 | -€27,994 | -€47,877 | -€56,493 | ▼ 18.0% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€33,232 | -€44,595 | -€46,020 | -€47,299 | -€49,604 | -€49,994 | -€69,877 | -€78,493 | ▼ 12.3% |
| Amounts payable17/49 | €32,553 | €36,826 | €35,882 | €34,774 | €42,427 | €42,383 | €48,828 | €62,667 | ▲ 28.3% |
| Amounts payable within one year42/48 | €32,553 | €36,826 | €35,882 | €34,774 | €42,427 | €42,383 | €48,828 | €62,667 | ▲ 28.3% |
| Financial debts43 | - | - | - | - | - | - | €4 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | - | - | €4 | €0 | ▼ 100% |
| Trade debts44 | €1,115 | €1,866 | €365 | - | €348 | €348 | €4,767 | €2,836 | ▼ 40.5% |
| Suppliers440/4 | - | - | - | - | €348 | €348 | €4,767 | €2,836 | ▼ 40.5% |
| Taxes, remuneration and social security45 | - | - | - | €44 | €44 | €0 | - | - | - |
| Taxes450/3 | - | - | - | €44 | €44 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €34,730 | €42,035 | €42,035 | €44,057 | €59,831 | ▲ 35.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,554 | -€11,363 | -€1,425 | -€1,279 | -€2,305 | -€390 | -€19,882 | -€8,616 | ▲ 56.7% |
| + Depreciation and write-downs630 | €13,970 | €2,503 | €2,387 | €2,387 | €2,154 | €0 | - | - | - |
| Operating cash flow (approximation) | €8,416 | -€8,860 | €962 | €1,108 | -€151 | -€390 | -€19,882 | -€8,616 | ▲ 56.7% |
| Investment in fixed assets (approximation) | - | €4,029 | €0 | €0 | -€4,000 | €0 | €11,062 | - | - |
| Change in cash | - | -€523 | €19 | €0 | €3,571 | -€278 | -€3,326 | €148 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 21-08-2026 | 2026-00413557 |
| 31-12-2024 | abbreviated format | 08-07-2025 | 2025-00249735 |
| 31-12-2023 | micro format | 14-10-2024 | 2024-00508339 |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00284007 |
| 31-12-2021 | micro format | 15-08-2022 | 2022-20287226 |
| 31-12-2020 | micro format | 25-06-2021 | 2021-24000373 |
| 31-12-2019 | micro format | 31-07-2020 | 2020-36700271 |
| 31-12-2018 | micro format | 30-07-2019 | 2019-39700427 |
| 31-12-2017 | micro format | 20-06-2018 | 2018-20000192 |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-36700087 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2024
Board 1
GREEN FLAG
CurrentDirector · since 11-07-2024 · Foreign entity · permanent representative: CLOET Tom
Permanent representatives 1
CLOET Tom
CurrentPermanent representative · since 11-07-2024 · for GREEN FLAG
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 5 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2024, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GREEN FLAG |
|
| Tom Cloet |
|
| Gert Verbraecken |
|
Owners and capital
Owners
1 ownerChain of control
- GALVAN
- CEVG CONSTRUCT
Highest known parent: GALVAN. The sources do not say who stands above it.
Owners 1
- GALVANparent100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
Contribution
act of 10-06-2026 ↗
- PALLAS CAMPUS (BE 0862.258.239) 186 shares · €18,600
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 10-06-2026 Capital stated in the deed · €20,000 · 1,000 shares
- 09-10-2024 Converted to unavailable equity
Group and network
Connections & network
5 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Celis Cars Transport & Care
Shared director
→
Cévg Ground
Shared director
→
Cévg Invest
Shared director
→
GREEN FLAG
Shared director
→
Show 1 more companies with a shared director
PALLAS CAMPUS
Shared director
→
Acquisitions and mergers
1 transactionTaken over by:CÉVG INVEST NV
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format · 21 days late
10-06
Gazette deed
RestructuringPermanent representative: Tom Cloet · Merger · Capital17 facts ▸
Gazette deed
Restructuring
Permanent representative: Tom Cloet · Merger · Capital17 facts ▸
- Merger, “fusie door overneming, ontbonden zonder vereffening” (deed in Dutch) (3 times)
- Capital, €20,000
- Director in office, GF Coordination GMBH (director)
- Permanent representative, Tom Cloet (2 times)
- Capital, €19,500
- Director in office, Cévg Construct (director)
- Capital contribution, €18,600
- Director in office, GALVAN BV (director)
- Capital, €61,973.38
- Director in office, Tom Cloet (director)
- Declaration, “no new shares issued, aandelen rechtstreeks of onrechtstreeks in handen van één aandeelhouder” (deed in Dutch)
- Declaration, “no special profit participation modalities, geen nieuwe aandelen worden uitgegeven” (deed in Dutch)
- +5 further facts in this act
2025
08-07
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
2024
31-12
Financial
Weakest financial yearnet -€19,882
Net result drops to -€19,882, the lowest in the series.
14-10
NBB filing
Annual accounts filed
financial year 2023 · micro format · 75 days late
09-10
Gazette deed
Appointment: GREEN FLAG (director)Permanent representative: CLOET Tom · Amendment of the articles · Capital conversion11 facts ▸
Gazette deed
Appointment: GREEN FLAG (director)
Permanent representative: CLOET Tom · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 25-09-2024
- Amendment of the articles (3 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “statutair onbeschikbare eigen vermogensrekening, opheffen” (deed in Dutch)
- Name change, Cévg Construct
- Capital
- Director appointment, GREEN FLAG (director)
- Permanent representative, CLOET Tom
- Registered office clause, “8530 Harelbeke, Stedestraat 51” (deed in Dutch)
- Power of attorney
- Power of attorney, Alexandra Ghekiere
11-07
Gazette deed
Resignation: Tom Cloet (director)Appointment: GREEN FLAG BV (gewoon bestuurder) · Permanent representative: Tom Cloet4 facts ▸
Gazette deed
Resignation: Tom Cloet (director)
Appointment: GREEN FLAG BV (gewoon bestuurder) · Permanent representative: Tom Cloet4 facts ▸
- General meeting, 28-05-2024
- Director resignation, Tom Cloet (director)
- Director appointment, GREEN FLAG BV (gewoon bestuurder)
- Permanent representative, Tom Cloet
03-06
Gazette deed
Resignation: Gert Verbraecken (director)Appointment: Tom Cloet (director) · Registered-office move4 facts ▸
Gazette deed
Resignation: Gert Verbraecken (director)
Appointment: Tom Cloet (director) · Registered-office move4 facts ▸
- General meeting, 17-05-2024
- Director resignation, Gert Verbraecken (director)
- Director appointment, Tom Cloet (director)
- Registered-office move, Stedestraat 51 te 8530 Harelbeke
2023
28-07
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
15-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 15 days late
2021
25-06
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
31-07
NBB filing
Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
30-07
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
20-06
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
28-07
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
4 of 5 deeds read
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 4 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Harelbeke
Ground area
1.7 ha
Building footprint
1,745 m²
Building volume
8,822 m³
Parcel 34323D0008/00X002, Flanders · tallest building 10.3 m. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34323D0008/00X002 | Flanders | 1.7 ha | 1 · 1,745 m² | 10.3 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De groot-en kleinhandel, de in-en uitvoerhandel en doorverkoop van menigvuldige goederen in het bijzonder van voedingswaren, koloniale…” (deed in Dutch)deed of 10-06-2026
13 activities (deed in Dutch)
- De groot-en kleinhandel, de in-en uitvoerhandel en doorverkoop van menigvuldige goederen in het bijzonder van voedingswaren, koloniale waren, vlees-en broodwaren, suikerwaren en alle aanverwanten.
- De handelsbemiddeling.
- Tussenpersoon in de handel.
- Import, export, doorverkoop, groot-en kleinhandel van menigvuldige goederen.
- Bouwnijverheid, bewerkende en verwerkende nijverheid, groothandel van alle producten, kleinhandel van alle producten; vervoer, opslag en verkeer, alle diensten zowel aan bedrijven als recreatieve diensten en diensten aan personen.
- Tussenpersonen in de handel.
- Alle diensten, Trading voor rekening van cliënten.
- Samenwerken met, deelnemen in op gelijk welke wijze, rechtstreeks of zijdelings, belangen nemen in de ondernemingen van allerlei aard
- Alle verbintenissen aangaan
- Kredieten en leningen toestaan
- Zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven
- Aankopen en verkopen van onroerende goederen, inclusief de eigen handelszaak
- Alles doen wat verband houdt met bovengenoemd voorwerp of wat van aard is de verwezenlijking ervan te bevorderen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimiteddeed of 09-10-2024
- Name clauseThe name the company operates under according to its articles.
- Cévg Constructdeed of 09-10-2024
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit van het bestuursorgaan” (deed in Dutch)deed of 09-10-2024
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere machten…”
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, meer” (deed in Dutch)“Deze aanstelling kan enkel gebeuren mits het uitdrukkelijk akkoord van de bestuurde vennootschap, Deze vaste vertegenwoordiger kan niet in…” (deed in Dutch)“Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van…” (deed in Dutch)
Capital, shares and profit
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Vruchtgebruiker heeft recht op alle dividenduitkeringen, ongeacht bestaande of toekomstige reserves en ongeacht liquidatiereserve…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of June at 19:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Mag deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de stemming” (deed in Dutch)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Één of meerdere, commissarissen” (deed in Dutch)
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering kan één of meerdere vereffenaars aan duiden, bevoegdheden omlijnen en vergoeding bepalen, indien geen andere…” (deed in Dutch)