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CFGC

Active
Private limited companyfounded 20233 yrs activeRue Try-à-la-Vigne, Sauv. 1, 5030 Gembloux, BelgiumKBO/BCE: BE 0802.144.072
Summary

CFGC has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €45,192 and a net result of €28,186. Its solvency ranks better than 57% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+9
Solvency90▲+28
Growth78
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.29 against 0.92 in 2023; short-term debt: 33.7% and cash: 25.7% of total assets), and 34.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
23 d early
2023
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 15 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 (1)
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

On 26 May 2023, CFGC was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

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

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Financials · fiscal year 2024, micro schema

Equity
€45,192▲ 153%
2023 · €17,839
Total assets
€69,472▲ 43.6%
2023 · €48,394
Net result
€28,186▲ 226%
2023 · €8,639
Working capital
€30,207
2023 · -€2,381
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€11,053-€36,020▲ 226%
Net result€8,639-€28,186▲ 226%
Equity€17,839-€45,192▲ 153%
Total assets€48,394-€69,472▲ 43.6%
Debt€30,555-€24,280▼ 20.5%
Working capital-€2,381-€30,207
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2023: €11,053€11,053Net result 2023: €8,639€8,639Operating result 2024: €36,020€36,020Net result 2024: €28,186€28,18620232024€0€10,000€20,000€30,000€40,000Operating result 2023: €11,053€11,100Net result 2023: €8,639€8,640Operating result 2024: €36,020€36,000Net result 2024: €28,186€28,20020232024
The operating result rises in 2024; 2024 is 226% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €69,472
Fixed assets €15,875 ▼ 21.5%
Current assets €53,597 ▲ 90.2%
Equity and liabilities €69,472
Equity €45,192 ▲ 153%
Debt €24,280 ▼ 20.5%
Debt's share of the balance-sheet total falls from 63.1% to 34.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€40,365▲
2023 · €12,958
Cash flow
€32,531▲
2023 · €10,544
Current ratio
2.29▲
2023 · 0.92
Debt to equity
0.54▼
2023 · 1.71
ROE
62.4%▲
2023 · 48.4%
ROA
40.6%▲
2023 · 17.9%
Interest coverage
832.27▼
2023 · 3322.55
Debt ≤ 1 year
€23,390▼
2023 · €30,555
Income taxes
€7,786▲
2023 · €2,411
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet Code20232024
Assets
Total assets20/58€48,394€69,472▲
Fixed assets21/28€20,220€15,875▼
Tangible fixed assets22/27€19,820€15,475▼
Furniture and vehicles24€19,820€15,475▼
Financial fixed assets28€400€400=
Current assets29/58€28,174€53,597▲
Amounts receivable within one year40/41€15,415€34,682▲
Trade receivables40€15,415€34,682▲
Cash at bank and in hand54/58€11,694€17,844▲
Deferred charges and accrued income490/1€1,064€1,070▲
Equity and liabilities
Total equity and liabilities10/49€48,394€69,472▲
Equity10/15€17,839€45,192▲
Contributions10/11€10,000€10,000=
Outside capital11€10,000-
Share premium1100/10€10,000-
Reserves13-€20,000
Distributable reserves133-€20,000
Profit (loss) carried forward14€7,839€15,192▲
Amounts payable17/49€30,555€24,280▼
Amounts payable within one year42/48€30,555€23,390▼
Trade debts44€5,527€1,466▼
Suppliers440/4€5,527€102▼
Bills of exchange payable441-€1,364
Taxes, remuneration and social security45€3,728€16,657▲
Taxes450/3€3,728€15,957▲
Remuneration and social security454/9-€700
Other amounts payable47/48€21,300€5,267▼
Accrued charges and deferred income492/3-€890
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,905€4,345▲
Other operating charges640/8€978€907▼
Gross operating margin9900€13,936€41,273▲
Operating profit (loss)9901€11,053€36,020▲
Financial charges65/66B€4€49▲
Recurring financial charges65€4€49▲
Profit (loss) for the period before taxes9903€11,049€35,972▲
Income taxes67/77€2,411€7,786▲
Profit (loss) for the period9904€8,639€28,186▲
Profit (loss) for the period to be appropriated9905€8,639€28,186▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,639€36,025▲
Profit (loss) brought forward from the previous period14P-€7,839
Transfer to equity691/2-€20,000
To other reserves6921-€20,000
Profit to be distributed694/7€800€833▲
Return on contributions (dividend)694€800€833▲

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

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,905€4,345▲ 128%
Other operating charges640/8€978€907▼ 7.2%
Gross operating margin9900€13,936€41,273▲ 196%
Operating profit (loss)9901€11,053€36,020▲ 226%
Financial charges65/66B€4€49▲ 1,144%
Recurring financial charges65€4€49▲ 1,144%
Profit (loss) for the period before taxes9903€11,049€35,972▲ 226%
Income taxes67/77€2,411€7,786▲ 223%
Profit (loss) for the period9904€8,639€28,186▲ 226%
Profit (loss) for the period to be appropriated9905€8,639€28,186▲ 226%
Line20232024Change
Assets
Total assets20/58€48,394€69,472▲ 43.6%
Fixed assets21/28€20,220€15,875▼ 21.5%
Tangible fixed assets22/27€19,820€15,475▼ 21.9%
Furniture and vehicles24€19,820€15,475▼ 21.9%
Financial fixed assets28€400€400=
Current assets29/58€28,174€53,597▲ 90.2%
Amounts receivable within one year40/41€15,415€34,682▲ 125%
Trade receivables40€15,415€34,682▲ 125%
Cash at bank and in hand54/58€11,694€17,844▲ 52.6%
Deferred charges and accrued income490/1€1,064€1,070▲ 0.6%
Equity and liabilities
Total equity and liabilities10/49€48,394€69,472▲ 43.6%
Equity10/15€17,839€45,192▲ 153%
Contributions10/11€10,000€10,000=
Outside capital11€10,000--
Share premium1100/10€10,000--
Reserves13-€20,000-
Distributable reserves133-€20,000-
Profit (loss) carried forward14€7,839€15,192▲ 93.8%
Amounts payable17/49€30,555€24,280▼ 20.5%
Amounts payable within one year42/48€30,555€23,390▼ 23.4%
Trade debts44€5,527€1,466▼ 73.5%
Suppliers440/4€5,527€102▼ 98.1%
Bills of exchange payable441-€1,364-
Taxes, remuneration and social security45€3,728€16,657▲ 347%
Taxes450/3€3,728€15,957▲ 328%
Remuneration and social security454/9-€700-
Other amounts payable47/48€21,300€5,267▼ 75.3%
Accrued charges and deferred income492/3-€890-
Line20232024Change
Profit (loss) for the period9904€8,639€28,186▲ 226%
+ Depreciation and write-downs630€1,905€4,345▲ 128%
Operating cash flow (approximation)€10,544€32,531▲ 209%
Investment in fixed assets (approximation)-€0-
Change in cash-€6,150-

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

2025
08-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity doublescurrent ratio 2.29
Current ratio from 0.92 to 2.29; short-term debt falls from €30,555 to €23,390.
24-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Gembloux · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
370 m²
Building footprint
137 m²
Parcel 92253B0439/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SRL CFGC
Rue Try-à-la-Vigne, Sauv. 1, 5030 GemblouxCertified accountants and tax accountants
since 20232.346.017.452
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92253B0439/00L000 Wallonia 370 m² 1 · 136 m² -
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.

Similar companies · same sector, comparable size

Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,792 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
Founded26-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants

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