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CGH Belgium

Active
Public limited companyfounded 2006active for 20 yearsRijksweg(BOR) 10 C, 2880 Bornem, Belgium15 active companies are registered at this addressKBO/BCE: BE 0882.285.373
Summary

CGH Belgium has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €216,670. Equity is growing by about 5.2% per year across the filed financial years. Its solvency ranks better than 83% of 6,139 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
CGH BelgiumActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Wholesale trade
NACE 46869Wholesale of other machinery and equipment NACE 46649
1 site
Size
€3.9mtotal assets 2025
Staff
8.8 FTE
Equity
€3.0m
Profit
€216,670
Net result -62%: other schema
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
CGH Polska
Auditor: HLB Dodémont-Van Impe & C°2025 accounts 24 days early5 of 23 deeds summarised
Why 96lowers riskLiquidity: current ratio 4.64, cash €885,749Founded in 2006Equity €3.0m (77.8% of total assets)Figures for financial year 2025 (filed 07-07-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 64% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+11
equity 77.8% of total assets
Liquidity 71+17
short-term debt 21.4% · cash 22.9%
Profitability 76-6
return on assets 5.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,871 companies, NACE 46, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €280,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.64, compared with 2.82 in 2024, above the usual 1.5; short-term debt: 21.4% and cash: 22.9% of total assets), and 22.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 90% on solvency, 76% on liquidity, 65% on profitability and 27% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.64, cash €885,749
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €3.0m (77.8% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 07-07-2026)
NBB · annual accounts
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
29 days early
2023
16 days early
2022
62 days early
2021
54 days early
2020
54 days early
2019
30 days early
← 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 38 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Reappointment: Bruno Crets (director)Gazette deed
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025different schema filed ▼ 61.5% View
  • Positive: Among the best 17% on solvencysector median 45.2% · 6,139 companies 77.8% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by CGH Polskaknown shareholders 100% parent View
  • Positive: 7 profitable years in a rowprofit 2025: €216,670 7 years View

By topic

Financials

Financial year
2025
Total assets
€3.9m
Profit
€216,670
Solvency
77.8%
Total assets▼ 24.7%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
CGH Polska
Known shareholders
100%
Auditor
HLB Dodémont-Van Impe &…
  • Krzysztof JańczakDirector
  • Bruno CretsDirector
Go to Board & ownership

Timeline

Events
26
Since
2008
Next accounts
by 31-07-2027
  1. 02-04-2025Appointment: HLB Dodémont-Van Impe & C° (statutory…
  2. 17-12-2024Resignation: Christiaan D'Hondt (director)
  3. 10-10-2024Purpose
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46869
Founded
04-07-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
38
Annual meeting
Last Friday of May at 19:00
Purpose
“Het bouwen,vervaardigen,fabriceren,verhandelen,verkopen,verdelen en toekennen van…” (deed in Dutch)
Go to Articles of association

Key facts about CGH Belgium

What is the company number of CGH Belgium?
0882.285.373. In Belgium the VAT number is the company number with BE in front: BE 0882.285.373.
Where is CGH Belgium based?
The registered office is at Rijksweg(BOR) 10 C, 2880 Bornem.Company details
What does CGH Belgium do?
According to the KBO register, the main activity is wholesale trade (NACE 46869).
What is the legal form of CGH Belgium?
Public limited company (NV).
When was CGH Belgium founded?
On 04-07-2006.
Is CGH Belgium still active?
Yes, CGH Belgium is an active enterprise in the KBO register.
How many employees does CGH Belgium have?
On average 8.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CGH Belgium?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is CGH Belgium profitable?
In financial year 2025, CGH Belgium made a profit of €216,670.
Where can I find the annual accounts of CGH Belgium?
CGH Belgium filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CGH Belgium due?
By 31-07-2027, for financial year 2026.Timeline

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