CGP
ActiveSummary
The computed 12-month bankruptcy probability of CGP is 2.2% (moderate). The 2024 annual accounts show equity of €75k and a net result of €6k. Equity is growing by ~24% per year across the filed fiscal years. Its solvency ranks better than 41% of 18936 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-3
Solvency43▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.51 against 0.36 in 2023; short-term debt: 81.6% and cash: 6.7% of total assets), and 81.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.4%
Return on assets
1.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-12-2025, 127 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
127 d late
2023
68 d late
2022
60 d late
2021
31 d late
2020
89 d late
2019
117 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€75k▲ 9.4%
2023 · €69k
2018: €5klowest in 7 years
2019: €10k▲ +84.2% vs 2018
2020: €30k▲ +207% vs 2019
2021: €52k▲ +74.0% vs 2020
2022: €55k▲ +5.4% vs 2021
2023: €69k▲ +25.0% vs 2022
2024: €75k▲ +9.4% vs 2023highest in 7 years
2018 → 2024
Total assets
€409k▲ 22.6%
2023 · €334k
2018: €26k
2019: €20k▼ -22.4% vs 2018lowest in 7 years
2020: €72k▲ +264% vs 2019
2021: €103k▲ +42.5% vs 2020
2022: €403k▲ +292% vs 2021
2023: €334k▼ -17.2% vs 2022
2024: €409k▲ +22.6% vs 2023highest in 7 years
2018 → 2024
Net result
€6k▼ 53.0%
2023 · €14k
2018: €-884lowest in 7 years
2019: €3k▲ +436% vs 2018
2020: €20k▲ +583% vs 2019
2021: €22k▲ +9.8% vs 2020highest in 7 years
2022: €3k▼ -87.2% vs 2021
2023: €14k▲ +384% vs 2022
2024: €6k▼ -53.0% vs 2023
2018 → 2024
Working capital
€-164k▲ 3.6%
2023 · €-170k
2018: €-2k
2019: €8k▲ +574% vs 2018
2020: €26k▲ +206% vs 2019
2021: €32k▲ +24.5% vs 2020highest in 7 years
2022: €-181k▼ -668% vs 2021lowest in 7 years
2023: €-170k▲ +5.9% vs 2022
2024: €-164k▲ +3.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€30k-€52k▲ 74.0%€55k▲ 5.4%€69k▲ 25.0%€75k▲ 9.4%
2020: €30klowest in 5 years
2021: €52k▲ +74.0% vs 2020
2022: €55k▲ +5.4% vs 2021
2023: €69k▲ +25.0% vs 2022
2024: €75k▲ +9.4% vs 2023highest in 5 years
Operating result€26k-€29k▲ 14.5%€4k▼ 87.4%€16k▲ 340%€14k▼ 10.9%
2020: €26k
2021: €29k▲ +14.5% vs 2020highest in 5 years
2022: €4k▼ -87.4% vs 2021lowest in 5 years
2023: €16k▲ +340% vs 2022
2024: €14k▼ -10.9% vs 2023
Net result€20k-€22k▲ 9.8%€3k▼ 87.2%€14k▲ 384%€6k▼ 53.0%
2020: €20k
2021: €22k▲ +9.8% vs 2020highest in 5 years
2022: €3k▼ -87.2% vs 2021lowest in 5 years
2023: €14k▲ +384% vs 2022
2024: €6k▼ -53.0% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €409k
Fixed assets
€239k ▲ 0.1%
Current assets
€170k ▲ 79.5%
Equity and liabilities €409k
Equity
€75k ▲ 9.4%
Debt
€334k ▲ 26.1%
Debt's share of the balance-sheet total rises from 79.3% to 81.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▲
2023 · €40k
Cash flow
€38k=
2023 · €38k
Current ratio
0.51▲
2023 · 0.36
Debt to equity
4.42▲
2023 · 3.84
ROE
8.6%▼
2023 · 20.0%
ROA
1.6%▼
2023 · 4.1%
Interest coverage
16.60▼
2023 · 31.38
Debt ≤ 1 year
€334k▲
2023 · €265k
Income taxes
€6k▲
2023 · €1k
Staff costs
€84▼
2023 · €161
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€334k€409k▲
Fixed assets21/28€239k€239k▲
Intangible fixed assets21€800€550▼
Tangible fixed assets22/27€238k€239k▲
Land and buildings22€192k€178k▼
Plant, machinery and equipment23€34k€49k▲
Furniture and vehicles24€716€3k▲
Other tangible fixed assets26€12k€8k▼
Current assets29/58€95k€170k▲
Stocks and contracts in progress3€4k-
Stocks30/36€4k-
Amounts receivable within one year40/41€77k€142k▲
Trade receivables40€74k€142k▲
Other amounts receivable41€4k€11▼
Cash at bank and in hand54/58€13k€27k▲
Deferred charges and accrued income490/1€339€91▼
Equity and liabilities
Total equity and liabilities10/49€334k€409k▲
Equity10/15€69k€75k▲
Contributions10/11€8k€8k=
Reserves13€148€148=
Non-distributable reserves130/1€148€148=
Reserves not available under the articles1311€148€148=
Profit (loss) carried forward14€61k€68k▲
Amounts payable17/49€265k€334k▲
Amounts payable within one year42/48€265k€334k▲
Trade debts44€94k€198k▲
Suppliers440/4€94k€198k▲
Taxes, remuneration and social security45€23k€19k▼
Taxes450/3€6k€18k▲
Remuneration and social security454/9€17k€292▼
Other amounts payable47/48€148k€117k▼
Income statement
Code20232024
Remuneration, social security and pensions62€161€84▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€31k▲
Other operating charges640/8€6k€18k▲
Gross operating margin9900€46k€64k▲
Operating profit (loss)9901€16k€14k▼
Financial income75/76B€2€959▲
Recurring financial income75€2€959▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€15k€13k▼
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€14k€6k▼
Profit (loss) for the period to be appropriated9905€14k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€61k€68k▲
Profit (loss) brought forward from the previous period14P€47k€61k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €80 | €239 | €161 | €84 | ▼ 47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €7k | €24k | €31k | ▲ 30.4% |
| Other operating charges640/8 | - | €1k | €479 | €6k | €18k | ▲ 225% |
| Gross operating margin9900 | €33k | €34k | €12k | €46k | €64k | ▲ 39.1% |
| Operating profit (loss)9901 | €26k | €29k | €4k | €16k | €14k | ▼ 10.9% |
| Financial income75/76B | - | €315 | - | €2 | €959 | ▲ 51,711% |
| Recurring financial income75 | €70 | €315 | - | €2 | €959 | ▲ 51,711% |
| Financial charges65/66B | - | €874 | €841 | €1k | €3k | ▲ 115% |
| Recurring financial charges65 | €547 | €874 | €841 | €1k | €3k | ▲ 115% |
| Profit (loss) for the period before taxes9903 | €25k | €29k | €3k | €15k | €13k | ▼ 15.3% |
| Income taxes67/77 | €5k | €6k | - | €1k | €6k | ▲ 429% |
| Profit (loss) for the period9904 | €20k | €22k | €3k | €14k | €6k | ▼ 53.0% |
| Profit (loss) for the period to be appropriated9905 | €20k | €22k | €3k | €14k | €6k | ▼ 53.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72k | €103k | €403k | €334k | €409k | ▲ 22.6% |
| Fixed assets21/28 | €5k | €21k | €236k | €239k | €239k | ▲ 0.1% |
| Intangible fixed assets21 | - | - | - | €800 | €550 | ▼ 31.3% |
| Tangible fixed assets22/27 | €5k | €18k | €233k | €238k | €239k | ▲ 0.2% |
| Land and buildings22 | - | - | €206k | €192k | €178k | ▼ 7.2% |
| Plant, machinery and equipment23 | - | €6k | €10k | €34k | €49k | ▲ 44.8% |
| Furniture and vehicles24 | - | €4k | €2k | €716 | €3k | ▲ 377% |
| Other tangible fixed assets26 | - | €8k | €15k | €12k | €8k | ▼ 29.7% |
| Financial fixed assets28 | - | €3k | €3k | - | - | - |
| Current assets29/58 | €68k | €82k | €167k | €95k | €170k | ▲ 79.5% |
| Stocks and contracts in progress3 | - | - | €4k | €4k | - | - |
| Stocks30/36 | - | - | €4k | €4k | - | - |
| Amounts receivable within one year40/41 | €13k | €18k | €105k | €77k | €142k | ▲ 83.8% |
| Trade receivables40 | - | €18k | €105k | €74k | €142k | ▲ 93.5% |
| Other amounts receivable41 | - | €6 | €40 | €4k | €11 | ▼ 99.7% |
| Cash at bank and in hand54/58 | €24k | €63k | €42k | €13k | €27k | ▲ 106% |
| Deferred charges and accrued income490/1 | - | €1k | €16k | €339 | €91 | ▼ 73.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72k | €103k | €403k | €334k | €409k | ▲ 22.6% |
| Equity10/15 | €30k | €52k | €55k | €69k | €75k | ▲ 9.4% |
| Contributions10/11 | - | €8k | €8k | €8k | €8k | = |
| Reserves13 | €148 | €148 | €148 | €148 | €148 | = |
| Non-distributable reserves130/1 | - | €148 | €148 | €148 | €148 | = |
| Reserves not available under the articles1311 | - | €148 | €148 | €148 | €148 | = |
| Profit (loss) carried forward14 | €22k | €44k | €47k | €61k | €68k | ▲ 10.6% |
| Amounts payable17/49 | €42k | €50k | €348k | €265k | €334k | ▲ 26.1% |
| Amounts payable within one year42/48 | €42k | €50k | €348k | €265k | €334k | ▲ 26.1% |
| Trade debts44 | €23k | €25k | €219k | €94k | €198k | ▲ 111% |
| Suppliers440/4 | - | €25k | €219k | €94k | €198k | ▲ 111% |
| Taxes, remuneration and social security45 | - | €21k | €10k | €23k | €19k | ▼ 19.8% |
| Taxes450/3 | - | €18k | €10k | €6k | €18k | ▲ 185% |
| Remuneration and social security454/9 | - | €3k | - | €17k | €292 | ▼ 98.3% |
| Other amounts payable47/48 | - | €4k | €119k | €148k | €117k | ▼ 20.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €22k | €3k | €14k | €6k | ▼ 53.0% |
| + Depreciation and write-downs630 | €2k | €3k | €7k | €24k | €31k | ▲ 30.4% |
| Operating cash flow (approximation) | €23k | €25k | €10k | €38k | €38k | = |
| Investment in fixed assets (approximation) | - | €-19k | €-223k | €-27k | €-32k | ▼ 16.4% |
| Change in cash | - | €39k | €-21k | €-29k | €14k | ▲ 149% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 127 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €22k ▲9.8%
Operating result €29k, net result €22k, both a record.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.83
Current ratio from 0.91 to 1.83; short-term debt falls from €20k to €10k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Awans · 1 establishment unit since 2017
Ground area
7,501 m²
Building footprint
5,411 m²
Volume, LiDAR
57,382 m³
2 parcels, Wallonia · tallest building 21.7 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
LE COMPOSE
since 20172.271.594.795
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62096A0048/00P000 ProtectedSite or landscape |
Wallonia | 6,252 m² | 1 · 3,241 m² | 21.7 m · 5 fl. |
| 62053A0093/00H002 | Wallonia | 1,248 m² | 1 · 2,169 m² | 6.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSeraing2.271.594.795
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Of 7,502 companies in sector 56210 we hold annual accounts for 2,446. 2,042 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
Founded01-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
82300Organisation of conventions and trade shows
46190Agents in non-specialised wholesale trade
77229Renting and leasing of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.