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CG Security

Active
General partnership·Schrijnwerk· 6 yrs active
Rue Charles Jaumotte 31 ·1300 Wavre, Belgium
KBO/BCE: BE 0739.694.779
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Full dossier in preparation1 of 4 acts processed

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age6 yrs
Connections6
Real estate1 parcel · 1,482 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of CG Security is 0.8% (low). The 2022 annual accounts show equity of €22k and a net result of €9k. Equity is growing by ~54.3% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-08-2023 was due at the National Bank by 31-03-2024. Nothing is on record today, 864 days later. 3 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed after the deadline
The financial year that closed on 31-08-2022 was due by 31-03-2023 and was filed on 09-05-2023, 39 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.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-08. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-08-2022, that is 31-03-2023.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-08-2025 31-03-2026 nothing on record not filed -
31-08-2024 31-03-2025 nothing on record not filed -
31-08-2023 31-03-2024 nothing on record not filed -
31-08-2022 31-03-2023 09-05-2023 39 d late 2023-00083565
31-08-2021 31-03-2022 31-03-2022 on the day 2022-09500079
31-08-2020 31-03-2021 23-03-2021 8 d early 2021-08300277

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.8% Low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€460k+189.2%
EBIT margin1.5%-5.7pp
Net result€9k-29.0%
Working capital€19k+126.1%

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 09-05-2023 with the NBB · fiscal year 2022 · volledig
€0€200k€400kRevenue 2020: €159k€159kOperating result 2020: €11k€11kNet result 2020: €9k€9kRevenue 2021: €460k€460kOperating result 2021: €7k€7kNet result 2021: €12k€12kOperating result 2022: €13k€13kNet result 2022: €9k€9k202020212022
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~54.3%/year over 3 fiscal years, indicative, assuming unchanged policy.
€0€10k€20k€30k€40k2023: €29k (€27k - €31k)2024: €36k (€34k - €38k)2025: €43k (€41k - €45k)2020: €9k2021: €13k2022: €22k202020212022202320242025
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Revenue
€460k
+189.2% 20-22
EBITDA
€14k
+78.4% 20-22
Net profit
€9k
-29.0% 20-22
Cash flow
€10k
-25.8% 20-22
Total assets
€98k
+7.1% 20-22
Equity
€22k
+78.0% 20-22
Working capital
€19k
+126.1% 20-22
Income taxes
€3k
+29.3% 20-22
Debt
€76k
-4.2% 20-22
Debt ≤ 1y
€76k
-4.2% 20-22
Current ratio
1.25
+13.3% 20-22
Quick ratio
1.25
+13.3% 20-22
Solvency
22.8%
+66.2% 20-22
Debt / equity
3.39
- 20-22
ROE
39.6%
-60.1% 20-22
ROA
9.0%
-33.7% 20-22
Net margin
2.7%
-50.6% 20-22
EBITDA margin
1.6%
-77.4% 20-22
Interest coverage
14.93
- 20-22
Figures by fiscal year
Fiscal year2022
Depositvolledig
Revenue-
EBITDA€14k
Net profit€9k
Cash flow€10k
Staff costs-
Income taxes€3k
Dividends-
Total assets€98k
Equity€22k
Debt€76k
of which ≤ 1y€76k
of which > 1y-
Working capital€19k
Employees (FTE)-
Ratios (computed)
2022
Current ratio1.25
Quick ratio1.25
Working capital ratio19.7%
Solvency22.8%
Debt / equity3.39
Long-term debt ratio-
Interest coverage14.93
Gross margin-
Net margin-
ROA9.0%
ROE39.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€98k
Fixed assets 21/28€3k
Tangible fixed assets 22/27€3k
Financial fixed assets 28€150
Current assets 29/58€95k
Amounts receivable within one year 40/41€67k
Cash & bank 54/58€26k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€98k
Equity 10/15€22k
Reserves 13€100
Accumulated profits (losses) 14€22k
Amounts payable 17/49€76k
Amounts payable within one year 42/48€76k
Trade debts payable within one year 44€72k
Income statement
Gross operating margin 9900€14k
Operating result 9901€13k
Financial income 75€88
Financial charges 65€906
Result before taxes 9903€12k
Income taxes 67/77€3k
Net result for the period 9904€9k
Result to be appropriated 9905€9k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2022 · computed
68 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Directors

Directors & mandates

1 director
Former directors (1)
  • GIELEN Christophe
    Manager
    State Gazette act 23000702 (03-01-2023)
    Former
    - → 31-07-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Schrijnwerk(43320)
Legal form General partnership(011)
Incorporation17-12-2019
StatusActive
Postal code1300

Structure & network

Connections & network

6 connected companies
AA SERVICES CONSULT, Shared address ASAA SERVICESCONSULTB-DRILL, Shared address BB-DRILLELLIPSILONE, Shared address EELLIPSILONEGENIARTS, Shared address GGENIARTSJUDOX, Shared address JJUDOXKamTech, Shared address KKamTechCG Security CG Security0739.694.779
Shared address / shareholder
Network connections
AA SERVICES CONSULT
Shared address
→
B-DRILL
Shared address
→
ELLIPSILONE
Shared address
→
GENIARTS
Shared address
→
JUDOX
Shared address
→
KamTech
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
3 companies at this address See who is registered here
Parcels1
Ground area1,482 m²
Buildings1
Building footprint149 m²
Volume (LiDAR)960 m³
Tallest building9.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25107D0335/00S003 Wallonia 1,482 m² 1 · 149 m² 9.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

1 verified act

What every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.

2026
28-07-2026 Registered office · Statutes amendment · Resignations & appointments
4 facts
  • General meeting , 24 juillet 2026
  • Name change , Opmos
  • Registered-office move , Drève du Tumulus 23, 1495 Villers-la-Ville
  • Statutes amendment

Analysis

Snowflake analysis

financial profile on 5 axes
Health68Profitability100Solvency38Growth85Stability100
78 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 68
Profitability 100
Solvency 38
Growth 85
Stability 100

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector and region
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 2,271 of the 20,015 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Schrijnwerk43320Schrijnwerk43320Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Beveiligingsactiviteiten, neg80090Diensten in verband met beveiligingssystemen80200
Primary activity highlighted.
Names & trade names
Legal nameFR CG Security
Legal nameFR Opmos
Registered office
Drève du Tumulus 23
1495 Villers-la-Ville, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.