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CG

Active
Private limited companyfounded 20233 yrs activeVogelzangstraat(Ned) 5, 9400 Ninove, BelgiumKBO/BCE: BE 0797.234.585

CG has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €11k. Equity is growing by ~55.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 13905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
51 / 100
Fair▼ -1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency13▼-87
Growth78▲+46
Stability94
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.67 against 5.7 in 2024), and 85.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
14.2%
Return on assets
8.1%
Age of the figures
8 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
29 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
14-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€19k▲ 134%
2024 · €8k
2023: €9k 2024: €8k
2023 → 2025
Total assets
€136k▲ 1,285%
2024 · €10k
2023: €25k 2024: €10k
2023 → 2025
Net result
€11k
2024 · €-897
2023: €2k 2024: €-897
2023 → 2025
Working capital
€-39k
2024 · €7k
2023: €8k 2024: €7k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€9k-€8k▼ 9.8%€19k▲ 134%
Operating result€3k-€-594€14k
Net result€2k-€-897€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10k€15kOperating result 2023: €3k€3kNet result 2023: €2k€2kOperating result 2024: €-594€-594Net result 2024: €-897€-897Operating result 2025: €14k€14kNet result 2025: €11k€11k202320242025
The operating result returns to profit in 2025: €14k after a loss of €594 in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets €58k▲ 6,367%
Current assets €78k▲ 773%
Equity and liabilities €136k
Equity €19k▲ 134%
Debt €117k▲ 7,353%
The debt ratio rises from 15.9% to 85.8%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18k
2024 · €-336
Cash flow
€16k
2024 · €-638
Solvency
14.2%
2024 · 84.1%
Current ratio
0.67
2024 · 5.70
Quick ratio
0.30
2024 · 5.70
Debt / equity
6.04
2024 · 0.19
ROE
57.3%
2024 · -10.8%
ROA
8.1%
2024 · -9.1%
Interest coverage
39.36
2024 · -4.15
Debt
€117k
2024 · €2k
Debt ≤ 1 year
€117k
2024 · €2k
Income taxes
€2k
2024 · €221
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€10k€136k
Fixed assets21/28€901€58k
Tangible fixed assets22/27€901€58k
Plant, machinery and equipment23€901€57k
Other tangible fixed assets26-€822
Current assets29/58€9k€78k
Stocks and contracts in progress3-€43k
Stocks30/36-€43k
Amounts receivable within one year40/41€720€27k
Trade receivables40€94€16k
Other amounts receivable41€626€11k
Cash at bank and in hand54/58€8k€8k
Equity and liabilities
Total equity and liabilities10/49€10k€136k
Equity10/15€8k€19k
Contributions10/11€8k€8k=
Profit (loss) carried forward14€766€12k
Amounts payable17/49€2k€117k
Amounts payable within one year42/48€2k€117k
Trade debts44€548€1k
Suppliers440/4€548€1k
Taxes, remuneration and social security45€221€3k
Taxes450/3€221€3k
Other amounts payable47/48€799€113k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€259€5k
Other operating charges640/8€195€305
Gross operating margin9900€-141€18k
Operating profit (loss)9901€-594€14k
Financial income75/76B-€75
Recurring financial income75-€75
Financial charges65/66B€81€460
Recurring financial charges65€81€460
Profit (loss) for the period before taxes9903€-675€13k
Income taxes67/77€221€2k
Profit (loss) for the period9904€-897€11k
Profit (loss) for the period to be appropriated9905€-897€11k
Appropriation of the result
Profit (loss) to be appropriated9906€766€12k
Profit (loss) brought forward from the previous period14P€2k€766

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-897 ▼154%
Net result drops to €-897, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity quadruplescurrent ratio 5.70
Current ratio from 1.52 to 5.70; short-term debt falls from €16k to €2k.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Ninove · 1 establishment unit since 2023
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vogelzangstraat(Ned) 59400 Ninove
Ground area
509 m²
Building footprint
192 m²
Volume, LiDAR
1,049 m³
Parcel 41044B0258/00M000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CG
Vogelzangstraat(Ned) 5, 9400 NinoveRenting and operating of own or leased residential real estate, excluding social housing
since 20232.340.904.166
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41044B0258/00M000 Flanders 509 m² 1 · 192 m² 9.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 9,094 companies in sector 68201 we hold annual accounts for 6,725. 2,167 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-01-2023
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.