CG TECHNITOL
ActiveSummary
CG TECHNITOL has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74,189 and a net result of €640. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 94% of 1920 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-9
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 12.79 against 13.75 in 2024; short-term debt: 7.7% and cash: 30.5% of total assets), and 7.7% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
92.3%
Return on assets
0.8%
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 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
30 d late
2022
28 d early
2021
58 d late
2020
22 d early
2019
83 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed 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. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€74,189▲ 0.9%
2024 · €73,549
Total assets
€80,338▲ 1.6%
2024 · €79,086
Net result
€640▼ 90.2%
2024 · €6,519
Working capital
€72,499▲ 2.7%
2024 · €70,615
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€32,064▲ 69.0%€7,855▼ 75.5%€6,654▼ 15.3%€9,454▲ 42.1%€1,929▼ 79.6%
Net result€20,062within the sector's middle half▲ 97.5%€4,496within the sector's middle half▼ 77.6%€4,466within the sector's middle half▼ 0.7%€6,519within the sector's middle half▲ 46.0%€640within the sector's middle half▼ 90.2%
Equity€58,068within the sector's middle half▲ 52.8%€62,564within the sector's middle half▲ 7.7%€67,029within the sector's middle half▲ 7.1%€73,549within the sector's middle half▲ 9.7%€74,189within the sector's middle half▲ 0.9%
Total assets€90,454below the sector's middle half▲ 20.5%€74,863below the sector's middle half▼ 17.2%€69,098below the sector's middle half▼ 7.7%€79,086below the sector's middle half▲ 14.5%€80,338below the sector's middle half▲ 1.6%
Debt€32,386▼ 12.6%€12,299▼ 62.0%€2,068▼ 83.2%€5,538▲ 168%€6,149▲ 11.0%
Working capital€14,295within the sector's middle half€56,471within the sector's middle half▲ 295%€64,651within the sector's middle half▲ 14.5%€70,615within the sector's middle half▲ 9.2%€72,499within the sector's middle half▲ 2.7%
Solvency64.2%within the sector's middle half▲ 13.6pp83.6%above the sector's middle half▲ 19.4pp97.0%above the sector's middle half▲ 13.4pp93.0%above the sector's middle half▼ 4.0pp92.3%above the sector's middle half▼ 0.7pp
Current ratio1.44within the sector's middle half▲ 0.455.59above the sector's middle half▲ 4.1532.26above the sector's middle half▲ 26.6613.75above the sector's middle half▼ 18.5012.79above the sector's middle half▼ 0.96
Return on assets (ROA)22.2%above the sector's middle half▲ 8.6pp6.0%within the sector's middle half▼ 16.2pp6.5%within the sector's middle half▲ 0.5pp8.2%within the sector's middle half▲ 1.8pp0.8%within the sector's middle half▼ 7.4pp
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80,338
Fixed assets
€1,690 ▼ 42.4%
Current assets
€78,648 ▲ 3.3%
Equity and liabilities €80,338
Equity
€74,189 ▲ 0.9%
Debt
€6,149 ▲ 11.0%
Debt's share of the balance-sheet total rises from 7.0% to 7.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3,173▼
2024 · €11,335
Cash flow
€1,884▼
2024 · €8,401
Debt to equity
0.08▲
2024 · 0.08
ROE
0.9%▼
2024 · 8.9%
Interest coverage
10.29▼
2024 · 60.91
Debt ≤ 1 year
€6,149▲
2024 · €5,538
Income taxes
€981▼
2024 · €2,927
Staff costs
€290
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €290 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,019 | €3,962 | €3,714 | €1,882 | €1,244 | ▼ 33.9% |
| Other operating charges640/8 | €1,648 | €7,918 | €1,276 | €6,210 | €514 | ▼ 91.7% |
| Gross operating margin9900 | €49,731 | €19,734 | €11,644 | €17,546 | €3,977 | ▼ 77.3% |
| Operating profit (loss)9901 | €32,064 | €7,855 | €6,654 | €9,454 | €1,929 | ▼ 79.6% |
| Financial income75/76B | €85 | - | €0 | €179 | - | - |
| Recurring financial income75 | €85 | - | €0 | €179 | - | - |
| Financial charges65/66B | €529 | €547 | €253 | €186 | €308 | ▲ 65.7% |
| Recurring financial charges65 | €529 | €547 | €253 | €186 | €308 | ▲ 65.7% |
| Profit (loss) for the period before taxes9903 | €31,620 | €7,308 | €6,401 | €9,446 | €1,621 | ▼ 82.8% |
| Income taxes67/77 | €11,558 | €2,812 | €1,935 | €2,927 | €981 | ▼ 66.5% |
| Profit (loss) for the period9904 | €20,062 | €4,496 | €4,466 | €6,519 | €640 | ▼ 90.2% |
| Profit (loss) for the period to be appropriated9905 | €20,062 | €4,496 | €4,466 | €6,519 | €640 | ▼ 90.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €90,454 | €74,863 | €69,098 | €79,086 | €80,338 | ▲ 1.6% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €43,773 | €6,092 | €2,378 | €2,934 | €1,690 | ▼ 42.4% |
| Tangible fixed assets22/27 | €43,273 | €5,592 | €1,878 | €2,434 | €1,190 | ▼ 51.1% |
| Plant, machinery and equipment23 | €3,538 | €2,503 | €1,467 | €432 | €0 | ▼ 100% |
| Furniture and vehicles24 | €6,016 | €3,090 | €411 | €2,002 | €1,190 | ▼ 40.6% |
| Leasing and similar rights25 | €33,719 | - | - | - | - | - |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €46,681 | €68,771 | €66,720 | €76,152 | €78,648 | ▲ 3.3% |
| Amounts receivable within one year40/41 | €12,717 | €11,747 | €9,366 | €20,717 | €23,100 | ▲ 11.5% |
| Trade receivables40 | €12,628 | €7,538 | €6,215 | €7,847 | €9,039 | ▲ 15.2% |
| Other amounts receivable41 | €89 | €4,209 | €3,151 | €12,870 | €14,062 | ▲ 9.3% |
| Cash at bank and in hand54/58 | €33,252 | €27,179 | €42,698 | €25,769 | €24,472 | ▼ 5.0% |
| Deferred charges and accrued income490/1 | €712 | €29,845 | €14,656 | €29,667 | €31,076 | ▲ 4.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €90,454 | €74,863 | €69,098 | €79,086 | €80,338 | ▲ 1.6% |
| Equity10/15 | €58,068 | €62,564 | €67,029 | €73,549 | €74,189 | ▲ 0.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €43,860 | €43,860 | €43,860 | €43,860 | €43,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €42,000 | €42,000 | €42,000 | €42,000 | €42,000 | = |
| Profit (loss) carried forward14 | €8,008 | €12,504 | €16,969 | €23,489 | €24,129 | ▲ 2.7% |
| Amounts payable17/49 | €32,386 | €12,299 | €2,068 | €5,538 | €6,149 | ▲ 11.0% |
| Amounts payable within one year42/48 | €32,386 | €12,299 | €2,068 | €5,538 | €6,149 | ▲ 11.0% |
| Current portion of amounts payable after more than one year42 | €13,583 | - | - | - | - | - |
| Trade debts44 | €39 | - | €990 | €2,610 | €1,014 | ▼ 61.2% |
| Suppliers440/4 | €39 | - | €990 | €2,610 | €1,014 | ▼ 61.2% |
| Advances received on contracts in progress46 | €5,717 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €7,296 | €6,004 | €1,079 | €2,927 | €5,136 | ▲ 75.5% |
| Taxes450/3 | €7,296 | €6,004 | €1,079 | €2,927 | €5,136 | ▲ 75.5% |
| Other amounts payable47/48 | €5,751 | €6,296 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,062 | €4,496 | €4,466 | €6,519 | €640 | ▼ 90.2% |
| + Depreciation and write-downs630 | €16,019 | €3,962 | €3,714 | €1,882 | €1,244 | ▼ 33.9% |
| Operating cash flow (approximation) | €36,080 | €8,458 | €8,180 | €8,401 | €1,884 | ▼ 77.6% |
| Investment in fixed assets (approximation) | - | €33,719 | €0 | -€2,437 | €0 | ▲ 100% |
| Change in cash | - | -€6,073 | €15,519 | -€16,929 | -€1,297 | ▲ 92.3% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
21-08
State Gazette act
Resignation: CANDELA Giani (manager)Appointment: CANDELA Giani (non-statutory director) · Statutes amendment · Capital conversion11 facts ▸
State Gazette act
Resignation: CANDELA Giani (manager)
Appointment: CANDELA Giani (non-statutory director) · Statutes amendment · Capital conversion11 facts ▸
- General meeting, assemblée générale extraordinaire, procès-verbal notarié
- Statutes amendment
- Capital conversion, compte de capitaux propres statutairement indisponible
- Reserve release, supprimer, fonds disponibles pour distribution
- Other statement, versements futurs de la part non encore libérée du capital souscrit dans le passé, dispense de libération du solde non appelé
- Statutes amendment
- Statutes amendment
- Capital
- Director resignation, CANDELA Giani (manager)
- Director discharge, CANDELA Giani (manager)
- Director appointment, CANDELA Giani (non-statutory director)
2025
31-12
Financial
Weakest financial yearnet €640 ▼90.2%
Net result drops to €640, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity times 6current ratio 32.26
Current ratio from 5.59 to 32.26; short-term debt falls from €12,299 to €2,068.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 5.59
Current ratio from 1.44 to 5.59; short-term debt falls from €32,386 to €12,299.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 1 act read
Directors · office · real estate
Directors
1 director, no change since 2026
CANDELA Giani
CurrentNon-statutory director · since 21-08-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Leuze-en-Hainaut · 1 establishment unit since 2005
Ground area
1,235 m²
Building footprint
149 m²
Volume, LiDAR
564 m³
Parcel 57065C0225/00H000, Wallonia · tallest building 4.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CG TECHNITOL
since 20052.144.531.428
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57065C0225/00H000 | Wallonia | 1,235 m² | 1 · 149 m² | 4.5 m · 1 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.
Mandate history
1 person since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CANDELA Giani |
|
Articles of association
Who signs
Each director alone
Annual meeting
Third Friday of June at 16:00
Duration
Unlimited
Purpose
Le pliage de tôles et de matériaux métalliques, le travail de matériaux métalliques, la mécanique de précision, la ferronnerie; La fabrication, l’achat, la vente, l’importation, et…
Full purpose (7 activities)
- Le pliage de tôles et de matériaux métalliques, le travail de matériaux métalliques, la mécanique de précision, la ferronnerie
- La fabrication, l’achat, la vente, l’importation, et l’exportation en gros ou au détail de matériaux métalliques, de pièces métalliques, de marchandises diverses, de pièces détachées pour machines
- La fabrication, l’achat, la vente, l’importation, et l’exportation en gros ou au détail de lingerie, vêtements, sous-vêtements, trousseau pour hommes, dames, garçonnets et fillettes, de tous articles textiles, de vêtements, de chaussures, d’accessoires, de bijoux, et d’articles de mode
- Les prestations de services et la représentation
- L’achat, la vente, la location d’immeubles pour son compte propre
- La société peut d’une façon générale accomplir toutes opérations généralement quelconques, industrielles, commerciales, financières, mobilières ou immobilières, se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter directement ou indirectement, entièrement ou partiellement, la réalisation
- Elle peut s’intéresser par toutes voies, dans toutes affaires, entreprises ou sociétés ayant un objet identique, analogue ou connexe ou qui soient de nature à favoriser le développement de son entreprise, à lui procurer des matières premières ou à faciliter l’écoulement de ses produits et même fusionner avec elles
Registered office clause
7904 Leuze-en-Hainaut (Pipaix), Rue des Fourches, 39, Le siège est établi en Région wallonne.
Article 2. Siège, Région wallonne
Name clause
CG TECHNITOL
Other statement
Article 6. Appels de fonds
Nominatifs, nature des autres titres
Indivisibilité des titres
Pouvoirs d’administration
Rémunération des administrateurs
Gestion journalière
Contrôle de la société
Assemblée générale par procédure écrite
Article 20. Admission à l’assemblée générale
Séances procès-verbaux, registre tenu au siège consignant décisions assemblée ou actionnaire unique
Chaque action une voix sous réserve actions sans droit vote, délibérations assemblée générale
Article 23. Prorogation
Pouvoirs assemblée générale, ceux conférés par Code sociétés associations
Répartition bénéfice réserves, pouvoir organe administration article 5:141 CSA limites articles 5:142 et 5:143
Exécution statuts communications sommations assignations significations valablement faites, élection domicile
Compétence judiciaire, entre société actionnaires administrateurs commissaires liquidateurs relatifs affaires société et exécution statuts
Article 31. Droit commun
Share issue rule
Article 7. Apport en numéraire avec émission de nouvelles actions – Droit de préférence, ouverture de la souscription
Share class
Nominatives, Article 8. Nature des actions
Transfer restriction
Article 11. Cession d’actions
Board rule
Organe d’administration, 1
Dissolution rule
En tout temps par décision assemblée générale délibérant formes modifications statuts
Liquidation rule
Liquidateurs, faculté assemblée désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments
Liquidation distribution
Apurement dettes charges frais liquidation ou consignation montants nécessaires, actif net entre tous actionnaires proportion actions biens conservés remis même…
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
Capital and shareholders
Capital over the years
- 21-08-2026 Converted to unavailable equity
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Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 1,174 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
Founded27-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
47789Other retail sale of new goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0870810867
Also
9925:BE0870810867
Registered
10-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.