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CGMAX

Active
Private limited companyfounded 20233 yrs activeAvenue Guillaume Joachim 32, 4300 Waremme, BelgiumKBO/BCE: BE 0804.083.577
Summary

CGMAX has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €700,581 and a net result of €140,474. Its solvency ranks better than 21% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes
Profitability40
Solvency46
Growth-
Track record79
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity short (current ratio 0.14; short-term debt: 25.3% and cash: 3.2% of total assets), and 78.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 37948 sector peers (2024).
NBB · sector comparison
Position among 37948 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 2 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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

History

On 18 July 2023, CGMAX was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€700,581
Total assets
€3.3m
Net result
€140,474
Working capital
-€718,427

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €3.3m
Fixed assets €3.2m
Current assets €120,303
Equity and liabilities €3.3m
Equity €700,581
Debt €2.6m
Debt finances 78.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€125,016
Cash flow
€141,266
Current ratio
0.14
Debt to equity
3.73
ROE
20.1%
ROA
4.2%
Interest coverage
1.96
Debt ≤ 1 year
€838,731
Debt > 1 year
€1.7m
Income taxes
€31,379
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 43 lines
Balance sheet Code2024
Assets
Total assets20/58€3.3m
Fixed assets21/28€3.2m
Tangible fixed assets22/27€4,782
Furniture and vehicles24€4,782
Financial fixed assets28€3.2m
Current assets29/58€120,303
Amounts receivable within one year40/41€15,229
Trade receivables40€15,000
Other amounts receivable41€229
Cash at bank and in hand54/58€104,571
Deferred charges and accrued income490/1€503
Equity and liabilities
Total equity and liabilities10/49€3.3m
Equity10/15€700,581
Contributions10/11€560,107
Reserves13€140,474
Distributable reserves133€140,474
Amounts payable17/49€2.6m
Amounts payable after more than one year17€1.7m
Financial debts170/4€1.7m
Amounts payable within one year42/48€838,731
Current portion of amounts payable after more than one year42€242,439
Trade debts44€1,894
Suppliers440/4€1,894
Taxes, remuneration and social security45€56,347
Taxes450/3€52,294
Remuneration and social security454/9€4,053
Other amounts payable47/48€538,050
Accrued charges and deferred income492/3€38,092
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€793
Other operating charges640/8€197
Gross operating margin9900€125,213
Operating profit (loss)9901€124,223
Financial income75/76B€111,452
Recurring financial income75€111,452
Financial charges65/66B€63,823
Recurring financial charges65€63,823
Profit (loss) for the period before taxes9903€171,853
Income taxes67/77€31,379
Profit (loss) for the period9904€140,474
Profit (loss) for the period to be appropriated9905€140,474
Appropriation of the result
Profit (loss) to be appropriated9906€140,474
Transfer to equity691/2€140,474
To other reserves6921€140,474

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€793
Other operating charges640/8€197
Gross operating margin9900€125,213
Operating profit (loss)9901€124,223
Financial income75/76B€111,452
Recurring financial income75€111,452
Financial charges65/66B€63,823
Recurring financial charges65€63,823
Profit (loss) for the period before taxes9903€171,853
Income taxes67/77€31,379
Profit (loss) for the period9904€140,474
Profit (loss) for the period to be appropriated9905€140,474
Line2024
Assets
Total assets20/58€3.3m
Fixed assets21/28€3.2m
Tangible fixed assets22/27€4,782
Furniture and vehicles24€4,782
Financial fixed assets28€3.2m
Current assets29/58€120,303
Amounts receivable within one year40/41€15,229
Trade receivables40€15,000
Other amounts receivable41€229
Cash at bank and in hand54/58€104,571
Deferred charges and accrued income490/1€503
Equity and liabilities
Total equity and liabilities10/49€3.3m
Equity10/15€700,581
Contributions10/11€560,107
Reserves13€140,474
Distributable reserves133€140,474
Amounts payable17/49€2.6m
Amounts payable after more than one year17€1.7m
Financial debts170/4€1.7m
Amounts payable within one year42/48€838,731
Current portion of amounts payable after more than one year42€242,439
Trade debts44€1,894
Suppliers440/4€1,894
Taxes, remuneration and social security45€56,347
Taxes450/3€52,294
Remuneration and social security454/9€4,053
Other amounts payable47/48€538,050
Accrued charges and deferred income492/3€38,092
Line2024
Profit (loss) for the period9904€140,474
+ Depreciation and write-downs630€793
Operating cash flow (approximation)€141,266

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

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Timeline · acts, filings and financial milestones

2025
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Waremme · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
941 m²
Building footprint
90 m²
Volume, LiDAR
932 m³
Parcel 64074C0496/00L002, Wallonia · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
CGMAX
Avenue Guillaume Joachim 32, 4300 WaremmeActivities of head offices
since 20232.347.655.366
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64074C0496/00L002 Wallonia 941 m² 1 · 90 m² 12.6 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of CGMAX and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 31,576 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
70100Activities of head offices
Contact
E-mail maxime.colon@colona.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804083577

Register as of 27 September 2026 · Peppol Directory

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