Skip to content

CGK GROUP

Active
Public limited companyfounded 201016 yrs activeWestlaan 7, 8560 Wevelgem, BelgiumKBO/BCE: BE 0825.550.964
Summary

CGK GROUP has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €292,010. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 57 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisWatch ReportCompare
CGK GROUPActiveChecked score 66/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110Manufacture of fabricated metal products, except machinery and equipment NACE 25210Manufacture of fabricated metal products, except machinery and equipment NACE 25300
#5 company by staff growth in Wevelgem, Manufacturing sector1 site
Size
€26.0mturnover 2025
Staff
99.5 FTE
Equity
€1.7m
Profit
€292,010
Financial health
66 Healthy Checked score 2025
Bankruptcy chance 12 m
0.9%
Structure
Parent
CGK GROUP Holding BV
Accounts 28 d early0 of 13 deeds read
Why 66- Liquidity: current ratio 1.25, cash €446,122- Equity €1.8m (16.7% of total assets)- 1 of the last 3 late- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 35% of its sector peers (NACE 25, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 41+3
equity 15.5% of total assets
Liquidity 20+6
short-term debt 68.4% · cash 4.8%
Profitability 59-11
return on assets 2.7%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (133 companies)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● 0.0% vs 11-2024 01-2025: 1.1%● 0.0% vs 12-2024 02-2025: 1.1%● 0.0% vs 01-2025 03-2025: 1.1%● 0.0% vs 02-2025 04-2025: 1.1%● 0.0% vs 03-2025 05-2025: 1.1%● 0.0% vs 04-2025 06-2025: 1.1%▼ -1.6% vs 05-2025 07-2025: 1.1%▼ -3.0% vs 06-2025 08-2025: 0.9%▼ -10.1% vs 07-2025 09-2025: 1.0%▲ +6.6% vs 08-2025 10-2025: 1.2%▲ +15.4% vs 09-2025highest value 11-2025: 0.8%▼ -27.9% vs 10-2025 12-2025: 0.9%▲ +2.1% vs 11-2025 01-2026: 0.9%● 0.0% vs 12-2025 02-2026: 0.9%● 0.0% vs 01-2026 03-2026: 0.9%● 0.0% vs 02-2026 04-2026: 0.9%● 0.0% vs 03-2026 05-2026: 0.8%▼ -1.8% vs 04-2026 06-2026: 0.8%▼ -2.4% vs 05-2026 07-2026: 0.8%▼ -3.0% vs 06-2026 08-2026: 0.8%▼ -0.8% vs 07-2026lowest value 09-2026: 0.8%▲ +5.4% vs 08-2026 10-2026: 0.9%▲ +6.4% vs 09-2026
  • Liquidity: current ratio 1.25, cash €446,122 raises the probability
  • Equity €1.8m (16.7% of total assets) raises the probability
  • 1 of the last 3 late raises the probability
  • Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
Credit up to €110,000 at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.08 in 2024; short-term debt: 68.4% and cash: 4.8% of total assets), and 84.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, medium-sized). Better than this share of them on solvency 14%, liquidity 12%, profitability 31%, growth against the median 84%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Liquidity: current ratio 1.25, cash €446,122
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Equity €1.8m (16.7% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
In the bankruptcy model this factor raises the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-10-2025, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
313 d late
2023
40 d early
2022
24 d early
2021
5 d early
2020
10 d late
2019
24 d 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 29 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 7 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close03-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Caution: Result fell in 2025from €1.1m to €292,010 ▼ 72.8% View
  • Caution: Among the weakest 16% on solvencysector median 55.6% · 57 companies 16.7% View
  • Positive: 4 years of growth in a rowturnover 2025: €26.0m 4 years View
  • Controlled by CGK GROUP Holding BV parent View
  • Flemish supportawarded 2022 - 2025 €262,554 View

By topic

Financials

Fiscal year
2025
Turnover
€26.0m
Profit
€292,010
Solvency
15.5%
Turnover▲ 18.7%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2016
Next accounts
by 31-10-2026
  1. 03-10-2025Annual accounts filed
  2. 09-09-2025Annual accounts filed
  3. 21-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
30-04-2010
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure