CGF Partner
ActiveCGF Partner has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €338k and a net result of €45k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 75% of 3282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-2
Solvency97▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.27 in 2024; short-term debt: 20.2% and cash: 26.4% of total assets), and 27.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
72.4%
Return on assets
9.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
30 d early
2022
on the day
2021
3 d early
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€338k▲ 15.2%
2024 · €294k
2018: €222k
2019: €243k
2020: €295k
2021: €327k
2022: €353k
2023: €433k
2024: €294k
2018 → 2025
Total assets
€467k▲ 7.7%
2024 · €434k
2018: €503k
2019: €522k
2020: €540k
2021: €532k
2022: €539k
2023: €498k
2024: €434k
2018 → 2025
Net result
€45k▼ 9.8%
2024 · €49k
2018: €20k
2019: €20k
2020: €52k
2021: €32k
2022: €26k
2023: €80k
2024: €49k
2018 → 2025
Working capital
€75k▲ 171%
2024 · €28k
2018: €131k
2019: €146k
2020: €181k
2021: €191k
2022: €175k
2023: €176k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€327k-€353k▲ 8.1%€433k▲ 22.7%€294k▼ 32.2%€338k▲ 15.2%
Operating result€53k-€44k▼ 17.1%€107k▲ 145%€77k▼ 28.0%€56k▼ 26.7%
Net result€32k-€26k▼ 16.3%€80k▲ 203%€49k▼ 38.3%€45k▼ 9.8%
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 has fallen two years in a row; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €467k
Fixed assets
€298k▼ 1.8%
Current assets
€169k▲ 29.7%
Equity and liabilities €467k
Equity
€338k▲ 15.2%
Debt
€129k▼ 8.0%
The debt ratio falls from 32.3% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▼
2024 · €81k
Cash flow
€50k▼
2024 · €54k
Solvency
72.4%▲
2024 · 67.7%
Current ratio
1.79▲
2024 · 1.27
Quick ratio
1.79▲
2024 · 1.27
Debt / equity
0.38▼
2024 · 0.48
ROE
13.2%▼
2024 · 16.8%
ROA
9.5%▼
2024 · 11.4%
Interest coverage
28.41▼
2024 · 33.13
Debt
€129k▼
2024 · €140k
Debt ≤ 1 year
€94k▼
2024 · €103k
Debt > 1 year
€26k▼
2024 · €36k
Income taxes
€10k▼
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€434k€467k▲
Fixed assets21/28€303k€298k▼
Tangible fixed assets22/27€303k€298k▼
Land and buildings22€299k€294k▼
Plant, machinery and equipment23€4k€3k▼
Current assets29/58€130k€169k▲
Amounts receivable within one year40/41€21k€44k▲
Trade receivables40€21k€36k▲
Other amounts receivable41-€8k
Cash at bank and in hand54/58€108k€123k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€434k€467k▲
Equity10/15€294k€338k▲
Contributions10/11€9k€9k=
Outside capital11€9k€9k=
Share premium1100/10€9k€9k=
Reserves13€21k€21k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€264k€308k▲
Amounts payable17/49€140k€129k▼
Amounts payable after more than one year17€36k€26k▼
Financial debts170/4€36k€26k▼
Amounts payable within one year42/48€103k€94k▼
Current portion of amounts payable after more than one year42€9k€17k▲
Trade debts44€10k€2k▼
Suppliers440/4€10k€2k▼
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€5k▲
Other amounts payable47/48€79k€70k▼
Accrued charges and deferred income492/3€903€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€663▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€84k€64k▼
Operating profit (loss)9901€77k€56k▼
Financial income75/76B€281€307▲
Recurring financial income75€281€307▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€75k€55k▼
Income taxes67/77€25k€10k▼
Profit (loss) for the period9904€49k€45k▼
Profit (loss) for the period to be appropriated9905€49k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€443k€308k▼
Profit (loss) brought forward from the previous period14P€394k€264k▼
Transfer to equity691/2€179k-
To other reserves6921€179k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €80k ▲203%
Operating result €107k, net result €80k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 10.33
Current ratio from 3.88 to 10.33; short-term debt falls from €61k to €19k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Wemmel · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kpt. R. Wouterslaan 341780 WemmelGround area
1,341 m²
Building footprint
269 m²
Volume, LiDAR
1,698 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CGF Partner
since 20072.190.792.609
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0497/00A010 | Flanders | 720 m² | 1 · 126 m² | 8.9 m · 2 fl. |
| 22662B0496/00E000 | Flanders | 621 m² | 1 · 142 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 5,955 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-1983
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.