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CGI Consultancy

Active
Private limited companyfounded 2021active for 4 yearsSmiskesweg 10, 2470 Retie, BelgiumKBO/BCE: BE 0776.905.563
Summary

The computed 12-month bankruptcy probability of CGI Consultancy is 3.3% (moderate). The 2025 annual accounts show equity of €6,839 and a net result of €18,887. Equity is growing by about 18% per year across the filed financial years. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€53,809total assets 2025
Equity
€6,839
Profit
€18,887
Turnover not published (micro format)
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.3%
Structure
2025 accounts 32 days early1 of 3 deeds summarised
Why 49raises riskFounded in 20211 change of registered office in 24 monthslowers riskSize: total assets €53,809Figures for financial year 2025 (filed 29-06-2026)Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 38-58
equity 12.7% of total assets
Liquidity 10-78
short-term debt 87.3% · cash 6.9%
Profitability 100=
return on assets 35.1%
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 3.1% 12-2024: 3.1%● unchanged vs 11-2024 01-2025: 3.1%● unchanged vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.3%▲ +0.2 percentage points vs 02-2025 04-2025: 3.4%▲ +0.1 percentage points vs 03-2025 05-2025: 3.4%● unchanged vs 04-2025 06-2025: 3.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%▼ -2.6 percentage points vs 06-2025 08-2025: 0.8%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: 0.8%● unchanged vs 08-2025lowest value 10-2025: 0.8%● unchanged vs 09-2025lowest value 11-2025: 1.8%▲ +1.0 percentage point vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.9%▲ +0.1 percentage points vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 2.4%▲ +0.5 percentage points vs 03-2026 05-2026: 2.9%▲ +0.5 percentage points vs 04-2026 06-2026: 3.0%▲ +0.1 percentage points vs 05-2026 07-2026: 3.6%▲ +0.6 percentage points vs 06-2026highest value 08-2026: 3.6%● unchanged vs 07-2026highest value 09-2026: 3.6%● unchanged vs 08-2026highest value 10-2026: 3.3%▼ -0.3 percentage points vs 09-2026
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 (no NACE code, micro): better than 24% on solvency, 9% on liquidity, 90% on profitability and 6% on growth.

The bankruptcy probability was computed on 26-10-2026 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 riskraises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €53,809
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 29-06-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
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 29-06-2026, 32 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
32 days early
2024
34 days early
2023
34 days early
2022
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 26 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 29 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 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 · micro…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€6,839▼ 74.7%
2024 · €27,061
Total assets
€53,809▲ 42.1%
2024 · €37,880
Net result
€18,887▼ 6.6%
2024 · €20,222
Working capital
€5,918▼ 76.9%
2024 · €25,629
Trend over the years

2022 to 2025, 4 financial years

The operating result falls in 2025; 2025 is 6% below 2024.

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

Operating result€26,194 2025 Net result€18,887 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€5,439-€5,375▼ 1.2%€27,987▲ 421%€26,194▼ 6.4%
Net result€3,002-€1,837▼ 38.8%€20,222▲ 11×€18,887▼ 6.6%
Equity€5,002-€6,839▲ 36.7%€27,061▲ 296%€6,839▼ 74.7%
Total assets€9,618-€13,301▲ 38.3%€37,880▲ 185%€53,809▲ 42.1%
Debt€4,616-€6,462▲ 40.0%€10,819▲ 67.4%€46,970▲ 334%
Working capital€3,710-€6,180▲ 66.6%€25,629▲ 315%€5,918▼ 76.9%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53,809
Fixed assets €921 ▼ 35.7%
Current assets €52,888 ▲ 45.1%
Equity and liabilities €53,809
Equity €6,839 ▼ 74.7%
Debt €46,970 ▲ 334%
Debt's share of the balance-sheet total rises from 28.6% to 87.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26,705▼
2024 · €28,673
Cash flow
€19,398▼
2024 · €20,908
Current ratio
1.13▼
2024 · 3.37
Debt to equity
6.87▲
2024 · 0.40
ROE
276.2%▲
2024 · 74.7%
ROA
35.1%▼
2024 · 53.4%
Interest coverage
19.52▲
2024 · 18.06
Debt ≤ 1 year
€46,970▲
2024 · €10,819
Income taxes
€6,316▼
2024 · €6,331
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.3% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 7,976 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€37,880€53,809▲
Fixed assets21/28€1,432€921▼
Tangible fixed assets22/27€1,432€921▼
Furniture and vehicles24€1,432€921▼
Current assets29/58€36,448€52,888▲
Amounts receivable within one year40/41€4,718€48,567▲
Trade receivables40€573€0▼
Other amounts receivable41€4,145€48,567▲
Cash at bank and in hand54/58€23,641€3,722▼
Deferred charges and accrued income490/1€8,089€599▼
Equity and liabilities
Total equity and liabilities10/49€37,880€53,809▲
Equity10/15€27,061€6,839▼
Contributions10/11€2,000€2,000=
Reserves13€4,839€4,839=
Distributable reserves133€4,839€4,839=
Profit (loss) carried forward14€20,222€0▼
Amounts payable17/49€10,819€46,970▲
Amounts payable within one year42/48€10,819€46,970▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€4,488€7,545▲
Suppliers440/4€4,488€7,545▲
Taxes, remuneration and social security45€6,331€316▼
Taxes450/3€6,331€316▼
Other amounts payable47/48-€39,109
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€686€511▼
Other operating charges640/8€557€463▼
Gross operating margin9900€29,230€27,168▼
Operating profit (loss)9901€27,987€26,194▼
Financial income75/76B€154€377▲
Recurring financial income75€154€377▲
Financial charges65/66B€1,588€1,368▼
Recurring financial charges65€1,588€1,368▼
Profit (loss) for the period before taxes9903€26,553€25,203▼
Income taxes67/77€6,331€6,316▼
Profit (loss) for the period9904€20,222€18,887▼
Profit (loss) for the period to be appropriated9905€20,222€18,887▼
Appropriation of the result
Profit (loss) to be appropriated9906€20,222€39,109▲
Profit (loss) brought forward from the previous period14P-€20,222
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7-€39,109
Return on contributions (dividend)694-€39,109

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

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€607€633€686€511▼ 25.5%
Other operating charges640/8€807€384€557€463▼ 17.0%
Gross operating margin9900€6,853€6,393€29,230€27,168▼ 7.1%
Operating profit (loss)9901€5,439€5,375€27,987€26,194▼ 6.4%
Financial income75/76B€1€0€154€377▲ 144%
Recurring financial income75€1€0€154€377▲ 144%
Financial charges65/66B€89€834€1,588€1,368▼ 13.9%
Recurring financial charges65€89€834€1,588€1,368▼ 13.9%
Profit (loss) for the period before taxes9903€5,350€4,541€26,553€25,203▼ 5.1%
Income taxes67/77€2,347€2,704€6,331€6,316▼ 0.2%
Profit (loss) for the period9904€3,002€1,837€20,222€18,887▼ 6.6%
Profit (loss) for the period to be appropriated9905€3,002€1,837€20,222€18,887▼ 6.6%
Line2022202320242025Change
Assets
Total assets20/58€9,618€13,301€37,880€53,809▲ 42.1%
Fixed assets21/28€1,292€659€1,432€921▼ 35.7%
Tangible fixed assets22/27€1,292€659€1,432€921▼ 35.7%
Furniture and vehicles24€1,292€659€1,432€921▼ 35.7%
Current assets29/58€8,326€12,642€36,448€52,888▲ 45.1%
Amounts receivable within one year40/41€904€5,987€4,718€48,567▲ 929%
Trade receivables40-€573€573€0▼ 100%
Other amounts receivable41€904€5,414€4,145€48,567▲ 12×
Cash at bank and in hand54/58€3,100€0€23,641€3,722▼ 84.3%
Deferred charges and accrued income490/1€4,321€6,655€8,089€599▼ 92.6%
Equity and liabilities
Total equity and liabilities10/49€9,618€13,301€37,880€53,809▲ 42.1%
Equity10/15€5,002€6,839€27,061€6,839▼ 74.7%
Contributions10/11€2,000€2,000€2,000€2,000=
Reserves13€3,002€4,839€4,839€4,839=
Distributable reserves133€3,002€4,839€4,839€4,839=
Profit (loss) carried forward14--€20,222€0▼ 100%
Amounts payable17/49€4,616€6,462€10,819€46,970▲ 334%
Amounts payable within one year42/48€4,616€6,462€10,819€46,970▲ 334%
Financial debts43-€269€0--
Credit institutions430/8-€269€0--
Trade debts44€2,268€2,316€4,488€7,545▲ 68.1%
Suppliers440/4€2,268€2,316€4,488€7,545▲ 68.1%
Taxes, remuneration and social security45€2,347€3,878€6,331€316▼ 95.0%
Taxes450/3€2,347€3,878€6,331€316▼ 95.0%
Other amounts payable47/48---€39,109-
Line2022202320242025Change
Profit (loss) for the period9904€3,002€1,837€20,222€18,887▼ 6.6%
+ Depreciation and write-downs630€607€633€686€511▼ 25.5%
Operating cash flow (approximation)€3,609€2,470€20,908€19,398▼ 7.2%
Investment in fixed assets (approximation)-€0-€1,459€0-
Change in cash--€3,100€23,641-€19,919-

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

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00209441
31-12-2024 micro format 27-06-2025 2025-00186804
31-12-2023 micro format 27-06-2024 2024-00169492
31-12-2022 micro format 28-07-2023 2023-00282328

Subsidies and aid

Flemish government

2024 · 1 entry · €113 awarded · €113 paid
Schemes
1 entry · €113 · €113 paid · Fonds voor Innoveren en Ondernemen

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

Directors

Directors
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

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

History

On 8 November 2021, CGI Consultancy was incorporated as a private limited company.1 In 2025 the registered office moved to Retie.2 Total assets went from €9,618 in 2022 to €53,809 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-10-2025
  3. 3National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
21-10
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 28-07-2025
  • Registered-office move, Smiskesweg 10, 2470 Retie
27-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Highest result from 2022 to 2025net €20,222 ▲1,001%
Operating result €27,987, net result €20,222, both a record.
27-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Weakest financial yearnet €1,837 ▼38.8%
Net result drops to €1,837, the lowest in the series; recovery starts the following year.
28-07
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not 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.

Register details

Identification
Legal formPrivate limited company
Founded08-11-2021
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0776905563
Also 9925:BE0776905563
Registered 27-11-2025

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

Register as of 27 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, Retie · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
1,331 m²
Building footprint
135 m²
Building volume
906 m³
Parcel 13036B0153/00D000, Flanders · tallest building 9.4 m. Linked by address, not a title deed.
1 establishment unit
CGI Consultancy
Smiskesweg 10, 2470 RetieInsurance agents and brokers
since 2021unit no. 2.323.793.366
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13036B0153/00D000 Flanders 1,331 m² 1 · 135 m² 9.4 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.