CGCcom
ActiveSummary
CGCcom has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,688 and a net result of €11,727. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97▲+69
Solvency54▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 0.55 in 2024; short-term debt: 70.8% and cash: 3.8% of total assets), and 70.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% 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
29.2%
Return on assets
21.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €15,688
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 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
55 d late
2024
216 d late
2023
71 d late
2022
20 d late
2021
20 d early
2020
44 d late
2019
59 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 64 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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 24 September (4 of the last 5 filed years within 75 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€44,350
EBIT margin
35.5%
Net result
€11,727
2024 · -€972
Working capital
€3,763
2024 · -€9,212
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€44,350
Operating result€6,839▲ 3,078%€3,363▼ 50.8%-€448€0€15,724
Net result€6,793within the sector's middle half€3,271within the sector's middle half▼ 51.9%-€509within the sector's middle half-€972within the sector's middle half▼ 91.0%€11,727within the sector's middle half
EBIT margin35.5%
Equity€2,171below the sector's middle half€5,442within the sector's middle half▲ 151%€4,933within the sector's middle half▼ 9.4%€3,961below the sector's middle half▼ 19.7%€15,688below the sector's middle half▲ 296%
Total assets€25,540below the sector's middle half▼ 4.4%€28,828below the sector's middle half▲ 12.9%€28,339below the sector's middle half▼ 1.7%€24,366below the sector's middle half▼ 14.0%€53,663below the sector's middle half▲ 120%
Debt€23,368▼ 25.4%€23,386▲ 0.1%€23,405▲ 0.1%€20,406▼ 12.8%€37,975▲ 86.1%
Working capital-€11,154within the sector's middle half▲ 35.3%-€7,730within the sector's middle half▲ 30.7%-€8,239within the sector's middle half▼ 6.6%-€9,212within the sector's middle half▼ 11.8%€3,763within the sector's middle half
Solvency8.5%within the sector's middle half▲ 25.8pp18.9%within the sector's middle half▲ 10.4pp17.4%within the sector's middle half▼ 1.5pp16.3%within the sector's middle half▼ 1.2pp29.2%within the sector's middle half▲ 13.0pp
Current ratio0.52below the sector's middle half▲ 0.070.67within the sector's middle half▲ 0.150.65within the sector's middle half▼ 0.020.55below the sector's middle half▼ 0.101.10within the sector's middle half▲ 0.55
Return on assets (ROA)26.6%above the sector's middle half▲ 26.7pp11.3%within the sector's middle half▼ 15.3pp-1.8%within the sector's middle half▼ 13.1pp-4.0%below the sector's middle half▼ 2.2pp21.9%above the sector's middle half▲ 25.8pp
above
within
below
the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 has the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53,663
Fixed assets
€11,925 ▼ 9.5%
Current assets
€41,738 ▲ 273%
Equity and liabilities €53,663
Equity
€15,688 ▲ 296%
Debt
€37,975 ▲ 86.1%
Debt's share of the balance-sheet total falls from 83.7% to 70.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17,171
Cash flow
€13,174
Debt to equity
2.42▼
2024 · 5.15
ROE
74.8%▲
2024 · -24.5%
Interest coverage
280.57
Debt ≤ 1 year
€37,975▲
2024 · €20,406
Income taxes
€3,935
Staff costs
€18,382
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.4%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 5,053 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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €44,350 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €8,550 | - |
| Remuneration, social security and pensions62 | - | - | - | - | €18,382 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59 | €152 | - | - | €1,447 | - |
| Other operating charges640/8 | €348 | €348 | €448 | - | €247 | - |
| Gross operating margin9900 | €7,245 | €3,863 | €0 | €0 | €35,800 | - |
| Operating profit (loss)9901 | €6,839 | €3,363 | -€448 | €0 | €15,724 | - |
| Financial charges65/66B | €45 | €92 | €61 | €972 | €61 | ▼ 93.7% |
| Recurring financial charges65 | €45 | €92 | €61 | €972 | €61 | ▼ 93.7% |
| Non-recurring financial charges66B | - | - | - | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €6,793 | €3,271 | -€509 | -€972 | €15,662 | ▲ 1,711% |
| Income taxes67/77 | - | - | - | - | €3,935 | - |
| Profit (loss) for the period9904 | €6,793 | €3,271 | -€509 | -€972 | €11,727 | ▲ 1,306% |
| Profit (loss) for the period to be appropriated9905 | €6,793 | €3,271 | -€509 | -€972 | €11,727 | ▲ 1,306% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25,540 | €28,828 | €28,339 | €24,366 | €53,663 | ▲ 120% |
| Fixed assets21/28 | €13,325 | €13,173 | €13,173 | €13,173 | €11,925 | ▼ 9.5% |
| Tangible fixed assets22/27 | €13,325 | €13,173 | €13,173 | €13,173 | €11,725 | ▼ 11.0% |
| Plant, machinery and equipment23 | €11,877 | €11,725 | €11,725 | €11,725 | €11,725 | = |
| Furniture and vehicles24 | €1,447 | €1,447 | €1,447 | €1,447 | - | - |
| Financial fixed assets28 | - | - | - | - | €200 | - |
| Current assets29/58 | €12,215 | €15,655 | €15,166 | €11,194 | €41,738 | ▲ 273% |
| Amounts receivable within one year40/41 | €11,271 | €11,146 | €11,146 | €11,146 | €39,032 | ▲ 250% |
| Trade receivables40 | €242 | €242 | €242 | €242 | €31,930 | ▲ 13,094% |
| Other amounts receivable41 | €11,029 | €10,904 | €10,904 | €10,904 | €7,102 | ▼ 34.9% |
| Cash at bank and in hand54/58 | €944 | €4,509 | €4,020 | €48 | €2,043 | ▲ 4,163% |
| Deferred charges and accrued income490/1 | - | - | - | - | €662 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25,540 | €28,828 | €28,339 | €24,366 | €53,663 | ▲ 120% |
| Equity10/15 | €2,171 | €5,442 | €4,933 | €3,961 | €15,688 | ▲ 296% |
| Contributions10/11 | €21,000 | €21,000 | €21,000 | €21,000 | €21,000 | = |
| Outside capital11 | - | - | - | - | €21,000 | - |
| Other1109/19 | - | - | - | - | €21,000 | - |
| Profit (loss) carried forward14 | -€18,829 | -€15,558 | -€16,067 | -€17,039 | -€5,312 | ▲ 68.8% |
| Amounts payable17/49 | €23,368 | €23,386 | €23,405 | €20,406 | €37,975 | ▲ 86.1% |
| Amounts payable within one year42/48 | €23,368 | €23,386 | €23,405 | €20,406 | €37,975 | ▲ 86.1% |
| Trade debts44 | €348 | €365 | €384 | €384 | €6,213 | ▲ 1,516% |
| Suppliers440/4 | €348 | €365 | €384 | €384 | €6,213 | ▲ 1,516% |
| Taxes, remuneration and social security45 | - | - | - | - | €11,741 | - |
| Taxes450/3 | - | - | - | - | €3,935 | - |
| Remuneration and social security454/9 | - | - | - | - | €7,806 | - |
| Other amounts payable47/48 | €23,021 | €23,021 | €23,021 | €20,021 | €20,021 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,793 | €3,271 | -€509 | -€972 | €11,727 | ▲ 1,306% |
| + Depreciation and write-downs630 | €59 | €152 | - | - | €1,447 | - |
| Operating cash flow (approximation) | €6,852 | €3,423 | -€509 | -€972 | €13,174 | ▲ 1,455% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€200 | - |
| Change in cash | - | €3,565 | -€489 | -€3,972 | €1,995 | ▲ 150% |
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
24-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 55 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 216 days late
2025
31-12
Financial
Back to profitnet €11,727
Net result €11,727 after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.10
Current ratio from 0.55 to 1.10.
2024
31-12
Financial
Weakest financial yearnet -€972
Net result drops to -€972, the lowest in the series; recovery starts the following year.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
20-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 20 days late
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €6,793
Net result €6,793 after 2 loss-making years.
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sambreville · 1 establishment unit since 2013
Ground area
707 m²
Building footprint
86 m²
Parcel 92121B0088/00M005, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Velaine(TAM) 142, 5060 Sambreville
since 20132.229.114.933
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92121B0088/00M005 | Wallonia | 707 m² | 1 · 86 m² | - |
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.
Similar companies · same sector, comparable size
BOUBASUD
BE 0883.601.605
Herstal · Eq €15,265
Dark Cloud
BE 0842.574.365
Leuven · Eq €14,999
THC CONSULTING
BE 1028.978.077
Seraing · Eq €16,496
TRAITEUR NUZZO
BE 0550.684.836
Genappe · Eq €17,269
ARTIZAN
BE 1030.733.381
Bierbeek · Eq €18,103
Of 445 companies in this sector we hold annual accounts for 173. 101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded12-09-2013
Fiscal year end31-12
Activities, NACEBEL 2025
10850Manufacture of food products
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0538585966
Also
9925:BE0538585966
Registered
22-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.