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Public limited companyfounded 1990active for 35 yearsBergense Steenweg 39, 1070 Anderlecht, BelgiumKBO/BCE: BE 0442.501.924
Summary

CGHVB has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.2m and a net result of €6,298. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 58% of 3,840 sector peers (NACE 70, financial year 2025). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€5.1mtotal assets 2025
Equity
€3.2m
Profit
€6,298
Financial health
Holding: outside the score modelBankruptcy probability: sector outside the model
Structure
Holdings
1
Accounts 11 days early1 of 6 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

1 signal.
neutral
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 days early
2024
22 days late
2023
1 day early
2022
6 days early
2021
1 day early
2020
32 days early
2019
23 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 7 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% 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 31 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 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. Annual accounts filedfinancial year 2024 · full…
  3. Liquidity more than triplescurrent ratio 499.44

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6,298▼ 1.3%
2024 · €6,380
Working capital
€428,044▲ 25.6%
2024 · €340,704
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €1,147 in 2025 against €1,328 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.001m 2025 Net result€0.006m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.003m-€0.003m▼ 1.2%-€0.001m-€0.001m▼ 60.0%-€0.001m▼ 20.5%-€0.003m▼ 146%-€0.001m▲ 54.6%-€0.001m▲ 13.6%
Net result€0.02m-€0.01m▼ 44.6%€0.005mwithin the sector's middle half▼ 48.2%€0.005mwithin the sector's middle half▲ 4.3%€0.006mwithin the sector's middle half▲ 17.7%€0.005mwithin the sector's middle half▼ 19.9%€0.006mwithin the sector's middle half▲ 25.2%€0.006mwithin the sector's middle half▼ 1.3%
Equity€3.1m-€3.1m▲ 0.3%€3.1mabove the sector's middle half▲ 0.2%€3.2mabove the sector's middle half▲ 0.2%€3.2mabove the sector's middle half▲ 0.2%€3.2mabove the sector's middle half▲ 0.2%€3.2mabove the sector's middle half▲ 0.2%€3.2mwithin the sector's middle half▲ 0.2%
Total assets€4.6m-€4.6m▲ 0.2%€4.7mwithin the sector's middle half▲ 1.7%€4.8mwithin the sector's middle half▲ 1.7%€4.9mwithin the sector's middle half▲ 1.7%€4.9mwithin the sector's middle half▲ 0.1%€5.0mwithin the sector's middle half▲ 1.7%€5.1mwithin the sector's middle half▲ 1.7%
Debt€1.5m-€1.5m=€1.6m▲ 5.1%€1.7m▲ 4.8%€1.7m▲ 4.6%€1.7m=€1.8m▲ 4.3%€1.9m▲ 4.4%
Working capital€0.03m-€0.04m▲ 37.2%€0.1mwithin the sector's middle half▲ 208%€0.2mwithin the sector's middle half▲ 43.3%€0.3mwithin the sector's middle half▲ 48.4%€0.3mwithin the sector's middle half▲ 2.1%€0.3mwithin the sector's middle half▲ 32.0%€0.4mwithin the sector's middle half▲ 25.6%
Solvency67.6%-67.6%▲ 0.1pp66.6%within the sector's middle half▼ 1.1pp65.6%within the sector's middle half▼ 1.0pp64.6%within the sector's middle half▼ 1.0pp64.6%within the sector's middle half=63.7%within the sector's middle half▼ 0.9pp62.8%within the sector's middle half▼ 1.0pp
Current ratio19.56-27.10▲ 7.5450.11above the sector's middle half▲ 23.0188.27above the sector's middle half▲ 38.16
Return on assets (ROA)0.4%-0.2%▼ 0.2pp0.1%within the sector's middle half▼ 0.1pp0.1%below the sector's middle half=0.1%within the sector's middle half=0.1%within the sector's middle half=0.1%within the sector's middle half=0.1%within the sector's middle half=
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half0below the sector's middle half
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.1m
Fixed assets €4.6m ▼ 0.1%
Current assets €432,018 ▲ 26.5%
Equity and liabilities €5.1m
Equity €3.2m ▲ 0.2%
Debt €1.9m ▲ 4.4%
Debt's share of the balance-sheet total rises from 36.3% to 37.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
0.2%▼
2024 · 0.2%
Debt ≤ 1 year
€3,975▲
2024 · €684
Debt > 1 year
€1.5m=
2024 · €1.5m
Income taxes
€2,293▲
2024 · €2,184
A ratio outside any meaningful range has been withheld (balance sheet total €5.1m, equity €3.2m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.0m€5.1m▲
Fixed assets21/28€4.6m€4.6m▼
Financial fixed assets28€4.6m€4.6m▼
Current assets29/58€0.3m€0.4m▲
Cash at bank and in hand54/58€192€0.005m▲
Deferred charges and accrued income490/1€0.3m€0.4m▲
Equity and liabilities
Total equity and liabilities10/49€5.0m€5.1m▲
Equity10/15€3.2m€3.2m▲
Contributions10/11€4.6m€4.6m=
Capital10€4.6m€4.6m=
Issued capital100€4.6m€4.6m=
Reserves13€0.02m€0.02m=
Non-distributable reserves130/1€0.02m€0.02m=
Legal reserve130€0.02m€0.02m=
Profit (loss) carried forward14-€1.5m-€1.5m▲
Amounts payable17/49€1.8m€1.9m▲
Amounts payable after more than one year17€1.5m€1.5m=
Financial debts170/4€1.5m€1.5m=
Amounts payable within one year42/48€0.001m€0.004m▲
Trade debts44-€0.001m
Suppliers440/4-€0.001m
Taxes, remuneration and social security45€0.001m€0.003m▲
Taxes450/3€0.001m€0.003m▲
Accrued charges and deferred income492/3€0.3m€0.4m▲
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▲
Gross operating margin9900-€360-€148▲
Operating profit (loss)9901-€0.001m-€0.001m▲
Financial income75/76B€0.09m€0.09m▼
Recurring financial income75€0.09m€0.09m▼
Financial charges65/66B€0.08m€0.08m▼
Recurring financial charges65€0.08m€0.08m▼
Profit (loss) for the period before taxes9903€0.009m€0.009m▲
Income taxes67/77€0.002m€0.002m▲
Profit (loss) for the period9904€0.006m€0.006m▼
Profit (loss) for the period to be appropriated9905€0.006m€0.006m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1.5m-€1.5m▲
Profit (loss) brought forward from the previous period14P-€1.5m-€1.5m▲
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Other operating charges640/8---€868€868€960€968€998▲ 3.2%
Gross operating margin9900€4,022€3,986€252-€118-€320-€1,965-€360-€148▲ 58.9%
Operating profit (loss)9901€3,154€3,118-€616-€986-€1,188-€2,925-€1,328-€1,147▲ 13.6%
Financial income75/76B---€84,494€85,937€86,173€86,173€85,809▼ 0.4%
Recurring financial income75€241,191€84,587€84,587€84,494€85,937€86,173€86,173€85,809▼ 0.4%
Financial charges65/66B---€76,151€76,083€76,296€76,281€76,072▼ 0.3%
Recurring financial charges65€226,272€77,101€76,419€76,151€76,083€76,296€76,281€76,072▼ 0.3%
Profit (loss) for the period before taxes9903€18,073€10,603€7,552€7,358€8,666€6,951€8,563€8,590▲ 0.3%
Income taxes67/77€0€589€2,369€1,952€2,303€1,855€2,184€2,293▲ 5.0%
Profit (loss) for the period9904€18,073€10,014€5,183€5,406€6,363€5,096€6,380€6,298▼ 1.3%
Profit (loss) for the period to be appropriated9905€18,073€10,014€5,183€5,406€6,363€5,096€6,380€6,298▼ 1.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€4.6m€4.6m€4.7m€4.8m€4.9m€4.9m€5.0m€5.1m▲ 1.7%
Fixed assets21/28€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m▼ 0.1%
Financial fixed assets28€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m▼ 0.1%
Current assets29/58€0.03m€0.04m€0.1m€0.2m€0.3m€0.3m€0.3m€0.4m▲ 26.5%
Amounts receivable within one year40/41€0.006m€0.006m€0.002m€21€0----
Trade receivables40---€0-----
Other amounts receivable41---€21€0----
Current investments50/53€75€0-------
Cash at bank and in hand54/58€0.02m€0.03m€0.03m€0.003m€286€0.005m€192€0.005m▲ 2,505%
Deferred charges and accrued income490/1---€0.2m€0.3m€0.3m€0.3m€0.4m▲ 25.1%
Equity and liabilities
Total equity and liabilities10/49€4.6m€4.6m€4.7m€4.8m€4.9m€4.9m€5.0m€5.1m▲ 1.7%
Equity10/15€3.1m€3.1m€3.1m€3.2m€3.2m€3.2m€3.2m€3.2m▲ 0.2%
Contributions10/11€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m=
Capital10---€4.6m€4.6m€4.6m€4.6m€4.6m=
Issued capital100---€4.6m€4.6m€4.6m€4.6m€4.6m=
Reserves13€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Non-distributable reserves130/1---€0.02m€0.02m€0.02m€0.02m€0.02m=
Legal reserve130---€0.02m€0.02m€0.02m€0.02m€0.02m=
Profit (loss) carried forward14-€1.5m-€1.5m-€1.5m-€1.5m-€1.5m-€1.5m-€1.5m-€1.5m▲ 0.4%
Amounts payable17/49€1.5m€1.5m€1.6m€1.7m€1.7m€1.7m€1.8m€1.9m▲ 4.4%
Amounts payable after more than one year17€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m=
Financial debts170/4---€1.5m€1.5m€1.5m€1.5m€1.5m=
Amounts payable within one year42/48€0.002m€0.001m€0.002m€0.002m€0.002m€0.002m€0.001m€0.004m▲ 481%
Trade debts44€0.001m€0-----€0.001m-
Suppliers440/4-------€0.001m-
Taxes, remuneration and social security45---€0.002m€0.002m€0.002m€0.001m€0.003m▲ 335%
Taxes450/3---€0.002m€0.002m€0.002m€0.001m€0.003m▲ 335%
Accrued charges and deferred income492/3---€0.2m€0.2m€0.2m€0.3m€0.4m▲ 25.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€18,073€10,014€5,183€5,406€6,363€5,096€6,380€6,298▼ 1.3%
Operating cash flow (approximation)€18,073€10,014€5,183€5,406€6,363€5,096€6,380€6,298▼ 1.3%
Investment in fixed assets (approximation)-€0€0-€30,000€0€0€0€5,000-
Change in cash-€11,048€726-€31,119-€3,161€4,621-€4,714€4,822-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 20-07-2026 2026-00323770
31-12-2024 full format 22-08-2025 2025-00399754
31-12-2023 full format 30-07-2024 2024-00331650
30-12-2022 full format 24-07-2023 2023-00268864
30-12-2021 full format 29-07-2022 2022-20255358
30-12-2020 full format 28-06-2021 2021-25600142
30-12-2019 full format 07-07-2020 2020-27300439
30-12-2018 micro format 28-06-2019 2019-24800529
30-12-2017 micro format 17-07-2018 2018-34100370
30-12-2016 full format 25-07-2017 2017-36800516

Show all 35 filings

Similar companies · same sector, comparable size

Of the 82,397 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,892. 15,342 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
Axelle Vanbelle
Director · since 21-08-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
5 of this company's 6 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Axelle Vanbelle
  • Director, from 21-08-2024 to date
isabelle Hermans
  • Director, until 21-08-2024
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of CGHVB and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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History

CGHVB was incorporated on 8 November 1990.1 Total assets went from €4.6m in 2018 to €5.1m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
20-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
22-08
NBB filing Annual accounts filed
financial year 2024 · full format · 22 days late
2024
31-12
Financial Liquidity more than triplescurrent ratio 499.44
Current ratio from 140.12 to 499.44; short-term debt falls from €1,855 to €684.
21-08
Gazette deed Resignation: isabelle Hermans (director)
Appointment: Axelle Vanbelle (director)6 facts ▸
  • General meeting, 28-06-2024
  • Director resignation, isabelle Hermans (director)
  • Director appointment, Axelle Vanbelle (director)
  • Director in office, HERMANS André (président du ca)
  • Other provision, “Secrétaire, meeting officer role” (deed in French)
  • Other provision, “Scrutateur, meeting officer role” (deed in French)
30-07
NBB filing Annual accounts filed
financial year 2023 · full format
2023
24-07
NBB filing Annual accounts filed
financial year 2022 · full format
2022
29-07
NBB filing Annual accounts filed
financial year 2021 · full format
2021
28-06
NBB filing Annual accounts filed
financial year 2020 · full format
2020
07-07
NBB filing Annual accounts filed
financial year 2019 · full format
2019
28-06
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
17-07
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
25-07
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 35 annual accounts filed, the latest 10 are here; all 35 are under Financials.
1 of 6 deeds read
About the unread acts

Of the 6 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPublic limited company
Founded08-11-1990
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0442501924
Registered 18-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 21 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 1990
registered office establishment The establishment unit on the map
Ground area
2,284 m²
Building footprint
1,627 m²
Building volume
21,666 m³
2 parcels, Brussels · tallest building 27.2 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
CGHVB
Emile Jacqmainlaan 112, 1000 BrusselBusiness and other management consultancy
since 1990unit no. 2.050.794.784
2 parcels
Brussels 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
21304B0149/00V000 Brussels 2,017 m² 1 · 1,524 m² 23.2 m · 4
21812N0929/00W000 Brussels 267 m² 1 · 103 m² 27.2 m · 6
How the parcels are linked
Good to know
Both parcels match the address exactly.