CG Projects
ActiveSummary
The computed 12-month bankruptcy probability of CG Projects is 2.5% (moderate). The 2025 annual accounts show equity of €406,990 and a net result of €233,829. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability98▲+82
Solvency65▲+26
Growth78
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.16 in 2024; short-term debt: 59.5% and cash: 58.1% of total assets), but 59.5% 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○neutral
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.5%
Return on assets
23.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
19 d late
2024
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 6 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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 monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€406,990▲ 135%
2024 · €173,162
Total assets
€1.0m▼ 18.7%
2024 · €1.2m
Net result
€233,829
2024 · -€26,838
Working capital
€405,188▲ 137%
2024 · €170,781
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
Line20242025
Operating result-€7,108-€302,512
Net result-€26,838-€233,829
Equity€173,162-€406,990▲ 135%
Total assets€1.2m-€1.0m▼ 18.7%
Debt€1.1m-€599,040▼ 43.7%
Working capital€170,781-€405,188▲ 137%
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 returns to profit in 2025: €302,512 after a loss of €7,108 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€1,802 ▼ 24.3%
Current assets
€1.0m ▼ 18.7%
Equity and liabilities €1.0m
Equity
€406,990 ▲ 135%
Debt
€599,040 ▼ 43.7%
Debt's share of the balance-sheet total falls from 86.0% to 59.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€303,090▲
2024 · -€6,597
Cash flow
€234,407▲
2024 · -€26,327
Current ratio
1.68▲
2024 · 1.16
Quick ratio
0.99▲
2024 · 0.02
Debt to equity
1.47▼
2024 · 6.15
ROE
57.5%▲
2024 · -15.5%
ROA
23.2%▲
2024 · -2.2%
Interest coverage
101.83▲
2024 · -0.33
Debt ≤ 1 year
€599,040▼
2024 · €1.1m
Income taxes
€65,712
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €511 | €578 | ▲ 13.1% |
| Other operating charges640/8 | €2,197 | €120 | ▼ 94.5% |
| Gross operating margin9900 | -€4,400 | €303,210 | ▲ 6,990% |
| Operating profit (loss)9901 | -€7,108 | €302,512 | ▲ 4,356% |
| Financial income75/76B | €441 | €5 | ▼ 98.9% |
| Recurring financial income75 | €441 | €5 | ▼ 98.9% |
| Financial charges65/66B | €20,171 | €2,976 | ▼ 85.2% |
| Recurring financial charges65 | €20,171 | €2,976 | ▼ 85.2% |
| Profit (loss) for the period before taxes9903 | -€26,838 | €299,540 | ▲ 1,216% |
| Income taxes67/77 | - | €65,712 | - |
| Profit (loss) for the period9904 | -€26,838 | €233,829 | ▲ 971% |
| Profit (loss) for the period to be appropriated9905 | -€26,838 | €233,829 | ▲ 971% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.2m | €1.0m | ▼ 18.7% |
| Fixed assets21/28 | €2,381 | €1,802 | ▼ 24.3% |
| Tangible fixed assets22/27 | €2,381 | €1,802 | ▼ 24.3% |
| Furniture and vehicles24 | €2,381 | €1,802 | ▼ 24.3% |
| Current assets29/58 | €1.2m | €1.0m | ▼ 18.7% |
| Stocks and contracts in progress3 | €1.2m | €409,235 | ▼ 66.4% |
| Stocks30/36 | €1.2m | €409,235 | ▼ 66.4% |
| Amounts receivable within one year40/41 | €10,000 | €10,000 | = |
| Other amounts receivable41 | €10,000 | €10,000 | = |
| Cash at bank and in hand54/58 | €6,940 | €584,173 | ▲ 8,318% |
| Deferred charges and accrued income490/1 | - | €820 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.2m | €1.0m | ▼ 18.7% |
| Equity10/15 | €173,162 | €406,990 | ▲ 135% |
| Contributions10/11 | €200,000 | €200,000 | = |
| Profit (loss) carried forward14 | -€26,838 | €206,990 | ▲ 871% |
| Amounts payable17/49 | €1.1m | €599,040 | ▼ 43.7% |
| Amounts payable within one year42/48 | €1.1m | €599,040 | ▼ 43.7% |
| Financial debts43 | €400,000 | - | - |
| Credit institutions430/8 | €400,000 | - | - |
| Trade debts44 | €1,199 | €33 | ▼ 97.2% |
| Suppliers440/4 | €1,199 | €33 | ▼ 97.2% |
| Taxes, remuneration and social security45 | - | €25,712 | - |
| Taxes450/3 | - | €25,712 | - |
| Other amounts payable47/48 | €663,431 | €573,296 | ▼ 13.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€26,838 | €233,829 | ▲ 971% |
| + Depreciation and write-downs630 | €511 | €578 | ▲ 13.1% |
| Operating cash flow (approximation) | -€26,327 | €234,407 | ▲ 990% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €577,234 | - |
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
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
31-12
Financial
Back to profitnet €233,829
Net result €233,829 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €406,990 ▲135%
Equity rises from €173,162 to €406,990.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · 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, Retie · 1 establishment unit since 2023
Ground area
464 m²
Building footprint
448 m²
Volume, LiDAR
3,002 m³
Parcel 13036E0506/00F000, Flanders · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
CG Projects
since 20232.351.170.429
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13036E0506/00F000 | Flanders | 464 m² | 1 · 448 m² | 16.0 m · 2 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded17-08-2023
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.