CG METALCONSTRUCT

Active

Private limited company (pre-2019)founded 2000active for 26 yearsRue Courbée(HAR) 36, 7321 Bernissart, BelgiumKBO/BCE: BE 0472.027.140

Summary

The computed 12-month bankruptcy probability of CG METALCONSTRUCT is 5.7% (elevated). The 2017 annual accounts show negative equity (-€43,173) and a net result of €77,787. Equity is shrinking by about 42% per year across the filed financial years. The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.

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CG METALCONSTRUCTActive

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Financials · financial year 2017, full format

2018 annual accounts not yet filed, deadline passed on 31 July 2019 Financial year closed on 31 December 2018; filing due at the latest 7 months after the close (Companies Code art. 3:10). 8 financial years without a filing since the last one filed. Source: NBB filings, as of 29 October 2026.

Turnover

€12,000▲ 383%

2016 · €2,483

EBIT margin

Not meaningful: turnover is only a small part of operating income

Net result

€77,787

2016 · -€9,285

Working capital

€28,738

2016 · -€9,095

Trend over the years

Last 5 years All years

2013 to 2017, 5 financial years 2013 to 2017, 5 financial years

The operating result returns to profit in 2017: €80,621 after a loss of €2,692 in 2016, the highest result in the available series.

Turnover and resultEquity and debtWorking capitalStaff

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€12,000 2017 Operating result€80,621 2017 Net result€77,787 2017

Every figure with its change against the financial year before

favourable unfavourable

Line20132014201520162017

Turnover€516,784-€168,764▼ 67.3%€10,087▼ 94.0%€2,483▼ 75.4%€12,000▲ 383%

Operating result-€7,880--€117,540▼ 1,392%-€58,621▲ 50.1%-€2,692▲ 95.4%€80,621

Net result€626--€128,946-€52,579▲ 59.2%-€9,285▲ 82.3%€77,787

Equity€69,850--€59,096-€111,675▼ 89.0%-€120,960▼ 8.3%-€43,173▲ 64.3%

Total assets€519,429-€425,908▼ 18.0%€333,168▼ 21.8%€311,582▼ 6.5%€313,575▲ 0.6%

Debt€449,579-€485,004▲ 7.9%€444,843▼ 8.3%€432,542▼ 2.8%€356,748▼ 17.5%

Working capital€162,040--€97,515€61,285-€9,095€28,738

Staff (FTE)7.3-5▼ 31.5%3.1▼ 38.0%

Balance-sheet composition

2017 in colour, 2016 as the grey bar beneath

Assets €313,575

99.9%

Fixed assets €205 ▼ 18.3%

Current assets €313,370 ▲ 0.7%

Equity and liabilities

Equity-€43,173

Debt€356,748

Equity is negative: debt (€356,748) exceeds the balance-sheet total (€313,575).

Key figures and ratios

2017 value · change against 2016

EBITDA

€80,667▲

2016 · -€2,119

Cash flow

€77,833▲

2016 · -€8,712

Solvency

-13.8%▲

2016 · -38.8%

Current ratio

1.10▲

2016 · 0.97

ROA

24.8%▲

2016 · -3.0%

Debt ≤ 1 year

€284,632▼

2016 · €320,426

Debt > 1 year

€72,116▼

2016 · €112,116

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

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2017 against 2016 · 25 lines

Balance sheet Code20162017

Assets

Total assets20/58€311,582€313,575▲

Fixed assets21/28€251€205▼

Tangible fixed assets22/27€76€30▼

Financial fixed assets28€175€175=

Current assets29/58€311,331€313,370▲

Amounts receivable within one year40/41€134,049€134,122▲

Current investments50/53€175,700€175,700=

Cash at bank and in hand54/58€1,582€3,548▲

Equity and liabilities

Total equity and liabilities10/49€311,582€313,575▲

Equity10/15-€120,960-€43,173▲

Contributions10/11€18,592€18,592=

Reserves13€81,709€81,709=

Profit (loss) carried forward14-€221,261-€143,474▲

Amounts payable17/49€432,542€356,748▼

Amounts payable after more than one year17€112,116€72,116▼

Amounts payable within one year42/48€320,426€284,632▼

Trade debts44€121,422-

Income statement Code20162017

Turnover70€2,483€12,000▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€573€46▼

Gross operating margin9900€1,275€80,667▲

Operating profit (loss)9901-€2,692€80,621▲

Recurring financial charges65€6,593€2,834▼

Profit (loss) for the period before taxes9903-€9,285€77,787▲

Profit (loss) for the period9904-€9,285€77,787▲

Profit (loss) for the period to be appropriated9905-€9,285€77,787▲

Line	2013	2014	2015	2016	2017	Change
Turnover70	€516,784	€168,764	€10,087	€2,483	€12,000	▲ 383%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€43,536	€35,593	€21,237	€573	€46	▼ 92.0%
Gross operating margin9900	€174,530	-€506	-€13,245	€1,275	€80,667	▲ 63×
Operating profit (loss)9901	-€7,880	-€117,540	-€58,621	-€2,692	€80,621	-
Recurring financial income75	€17	-	€13	-	-	-
Recurring financial charges65	€8,967	€13,743	€9,027	€6,593	€2,834	▼ 57.0%
Profit (loss) for the period before taxes9903	€1,135	-€128,946	-€52,579	-€9,285	€77,787	-
Income taxes67/77	€509	-	-	-	-	-
Profit (loss) for the period9904	€626	-€128,946	-€52,579	-€9,285	€77,787	-
Profit (loss) for the period to be appropriated9905	€626	-€128,946	-€52,579	-€9,285	€77,787	-

Line	2013	2014	2015	2016	2017	Change
Assets
Total assets20/58	€519,429	€425,908	€333,168	€311,582	€313,575	▲ 0.6%
Fixed assets21/28	€74,012	€38,419	€3,824	€251	€205	▼ 18.3%
Tangible fixed assets22/27	€73,837	€38,244	€3,649	€76	€30	▼ 60.5%
Financial fixed assets28	€175	€175	€175	€175	€175	=
Current assets29/58	€445,417	€387,489	€329,344	€311,331	€313,370	▲ 0.7%
Stocks and contracts in progress3	€25,000	-	-	-	-	-
Amounts receivable within one year40/41	€211,579	€198,098	€147,357	€134,049	€134,122	▲ 0.1%
Current investments50/53	€175,700	€175,700	€175,700	€175,700	€175,700	=
Cash at bank and in hand54/58	€27,812	€9,924	€6,287	€1,582	€3,548	▲ 124%
Equity and liabilities
Total equity and liabilities10/49	€519,429	€425,908	€333,168	€311,582	€313,575	▲ 0.6%
Equity10/15	€69,850	-€59,096	-€111,675	-€120,960	-€43,173	▲ 64.3%
Contributions10/11	€18,592	€18,592	€18,592	€18,592	€18,592	=
Reserves13	€81,709	€81,709	€81,709	€81,709	€81,709	=
Profit (loss) carried forward14	-€30,451	-€159,397	-€211,976	-€221,261	-€143,474	▲ 35.2%
Amounts payable17/49	€449,579	€485,004	€444,843	€432,542	€356,748	▼ 17.5%
Amounts payable after more than one year17	€166,202	-	€176,784	€112,116	€72,116	▼ 35.7%
Amounts payable within one year42/48	€283,377	€485,004	€268,059	€320,426	€284,632	▼ 11.2%
Trade debts44	€157,014	€188,002	€156,548	€121,422	-	-

Line	2013	2014	2015	2016	2017	Change
Profit (loss) for the period9904	€626	-€128,946	-€52,579	-€9,285	€77,787	-
+ Depreciation and write-downs630	€43,536	€35,593	€21,237	€573	€46	▼ 92.0%
Operating cash flow (approximation)	€44,162	-€93,353	-€31,342	-€8,712	€77,833	-
Investment in fixed assets (approximation)	-	€0	€13,358	€3,000	€0	▼ 100%
Change in cash	-	-€17,888	-€3,637	-€4,705	€1,966	-

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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Latest 10 of 18 filings with the National Bank

Financial year	Type	Filed	Reference
31-12-2017	full format	03-07-2018	2018-30400511
31-12-2016	full format	18-07-2017	2017-34700495
31-12-2015	full format	12-08-2016	2016-43300201
31-12-2014	full format	03-07-2015	2015-27400204
31-12-2013	full format	24-07-2014	2014-35400244
31-12-2012	full format	26-07-2013	2013-36300599
31-12-2011	full format	26-07-2012	2012-35800133
31-12-2010	full format	19-08-2011	2011-42100061
31-12-2009	full format	27-08-2010	2010-48300062
31-12-2008	full format	24-07-2009	2009-47900157

Show all 18 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.