CGeS
Annual accounts 2025
micro format, filed on 30-07-2026, 1 day before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €24,000. Estimated: probably between €16,000 and €50,000.
Balance sheet
balance sheet total €27,799 on 31-12-2025in euro
in euro
Position in the sector
5.7%
Higher than 11% of 35,125 companies in 2025.
0.85
Higher than 16% of 34,499 companies in 2025.
-86.0%
Lower than 95% of 34,700 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
€17,367
Staff costs divided by the average number of full-time equivalents.
level
In 2025, 4 people joined and 4 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
27,799 | 74,752 | 4,252 | |
20 |
- | - | 932 | |
21/28 |
5,545 | 66,400 | - | |
22/27 |
5,145 | 66,000 | - | |
22 |
4,050 | - | - | |
24 |
1,095 | - | - | |
27 |
- | 66,000 | - | |
28 |
400 | 400 | - | |
29/58 |
22,254 | 8,352 | 3,320 | |
40/41 |
13,367 | 3,654 | 541 | |
40 |
11,334 | 2,769 | - | |
41 |
2,032 | 885 | 541 | |
54/58 |
6,095 | 1,632 | 2,668 | |
490/1 |
2,792 | 3,067 | 112 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
27,799 | 74,752 | 4,252 | |
10/15 |
1,574 | 25,471 | 3,087 | |
10/11 |
26,000 | 26,000 | 3,000 | |
14 |
-24,426 | -529 | 87 | |
17/49 |
26,225 | 49,282 | 1,165 | |
42/48 |
26,225 | 49,282 | 1,165 | |
44 |
15,742 | 3,164 | 828 | |
440/4 |
15,742 | 3,164 | 828 | |
45 |
8,086 | 595 | 22 | |
450/3 |
335 | 458 | 22 | |
454/9 |
7,751 | 137 | - | |
47/48 |
2,397 | 45,523 | 315 | |
| Income statement | ||||
9900 |
2,895 | 6,007 | 1,071 | |
62 |
26,051 | 4,855 | - | |
630 |
404 | 932 | 477 | |
640/8 |
149 | 523 | 434 | |
9901 |
-23,708 | -304 | 160 | |
75/76B |
1 | 20 | 10 | |
75 |
1 | 20 | 10 | |
65/66B |
189 | 234 | 61 | |
65 |
189 | 234 | 61 | |
9903 |
-23,897 | -518 | 109 | |
67/77 |
- | 99 | 22 | |
9904 |
-23,897 | -616 | 87 | |
9905 |
-23,897 | -616 | 87 | |
| Appropriation of the result | ||||
9906 |
-24,426 | -529 | 87 | |
14P |
-529 | 87 | - | |
| Social balance sheet | ||||
9087 |
1.5 | 1.8 | - | |
Hours worked1013 |
1,808 | 927 | - | |
| Document | ||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -23,304 | 628 | 637 | ||
| -23,493 | 316 | 564 | ||
| 5,549 | 66,400 | - | ||
| 4,464 | -1,036 | - | ||
| -3,971 | -40,929 | 2,155 | ||
| 5.7% | 34.1% | - | ||
| 0.85 | 0.17 | - | ||
| 16.66 | 1.93 | - | ||
| - | -2.4% | - | ||
| -86.0% | -0.8% | - | ||
| -123.28 | 2.68 | 10.51 |
A ratio outside any meaningful range has been withheld (balance sheet total €27,799, equity €1,574).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 2 | 2 |
| full-time | 1 | 2 |
| part-time | 1 | - |
| in full-time equivalents | 1.5 | 2 |
| 1.5 | 1.8 | |
| On a permanent contract | 2 | 1 |
| Joined | 4 | 2 |
| Left | 4 | 0 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €5,549 | €66,000 | - |
| Financial fixed assets | - | €400 | - |
| €404 | €932 | €477 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on CGeS
The operating result for 2025 is a loss of €23,708, larger than the loss of €304 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total rises from 65.9% to 94.3%. Equity and debt are lower.