CGS
ActiveSummary
The computed 12-month bankruptcy probability of CGS is 1.7% (moderate). The 2025 annual accounts show negative equity (€-130k) and a net result of €0. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 5% of 4659 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability38=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 4659 sector peers (2025).
NBB · sector comparisonPosition among 4659 sector peers
Solvency
better than 5%
← weakest
strongest →
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 17-04-2026, 105 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
105 d early
2024
260 d late
2023
6 d late
2021
114 d late
2018
67 d late
2017
51 d late
2016
60 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-130k=
2024 · €-130k
2018: €-126k
2021: €-114khighest value
2023: €-130klowest value
2024: €-130k● +0.0% vs 2023
2025: €-130k● -0.0% vs 2024
2018 → 2025
Total assets
€2k=
2024 · €2k
2018: €27khighest value
2021: €24k
2023: €2k
2024: €2k● -0.0% vs 2023lowest value
2025: €2k● 0.0% vs 2024lowest value
2018 → 2025
Net result
€0
2024 · €0
2018: €5k
2021: €9khighest value
2023: €-4klowest value
2024: €0▲ +100% vs 2023
2025: €0
2018 → 2025
Working capital
€-131k=
2024 · €-131k
2018: €-141klowest value
2021: €-121khighest value
2023: €-131k
2024: €-131k● +0.0% vs 2023
2025: €-131k● -0.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182021202320242025Trend
Equity€-126k-€-114k▲ 9.0%€-130k▼ 13.7%€-130k=€-130k=
2018: €-126k
2021: €-114khighest value
2023: €-130klowest value
2024: €-130k● +0.0% vs 2023
2025: €-130k● -0.0% vs 2024
Operating result€5k-€10k▲ 96.6%€-2k€0€0
2018: €5k
2021: €10khighest value
2023: €-2klowest value
2024: €0▲ +100% vs 2023
2025: €0
Net result€5k-€9k▲ 103%€-4k€0€0
2018: €5k
2021: €9khighest value
2023: €-4klowest value
2024: €0▲ +100% vs 2023
2025: €0
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays at €0 in 2025, level with 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2k
Fixed assets
€879 =
Current assets
€1k =
Key figures and ratios
Debt
€132k=
2024 · €132k
Debt ≤ 1 year
€132k=
2024 · €132k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2025 against 2024 · 28 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2k€2k=
Fixed assets21/28€879€879=
Tangible fixed assets22/27€879€879=
Plant, machinery and equipment23€879€879=
Current assets29/58€1k€1k=
Amounts receivable within one year40/41€772€772=
Other amounts receivable41€772€772=
Cash at bank and in hand54/58€290€290=
Equity and liabilities
Total equity and liabilities10/49€2k€2k=
Equity10/15€-130k€-130k=
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-136k€-136k=
Amounts payable17/49€132k€132k=
Amounts payable within one year42/48€132k€132k=
Trade debts44€4k€4k=
Suppliers440/4€4k€4k=
Other amounts payable47/48€128k€128k=
Income statement
Code20242025
Gross operating margin9900€0€0=
Operating profit (loss)9901€0€0=
Financial charges65/66B€0-
Recurring financial charges65€0-
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€0€0=
Income taxes67/77€0-
Profit (loss) for the period9904€0€0=
Profit (loss) for the period to be appropriated9905€0€0=
Appropriation of the result
Profit (loss) to be appropriated9906€-136k€-136k=
Profit (loss) brought forward from the previous period14P€-136k€-136k=
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €269 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €4k | - | - | - |
| Gross operating margin9900 | €26k | €15k | €2k | €0 | €0 | - |
| Operating profit (loss)9901 | €5k | €10k | €-2k | €0 | €0 | - |
| Financial charges65/66B | - | €284 | €920 | €0 | - | - |
| Recurring financial charges65 | €293 | €284 | €920 | €0 | - | - |
| Non-recurring financial charges66B | - | - | €920 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €5k | €9k | €-3k | €0 | €0 | - |
| Income taxes67/77 | - | - | €800 | €0 | - | - |
| Profit (loss) for the period9904 | €5k | €9k | €-4k | €0 | €0 | - |
| Profit (loss) for the period to be appropriated9905 | €5k | €9k | €-4k | €0 | €0 | - |
| Line | 2018 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27k | €24k | €2k | €2k | €2k | = |
| Fixed assets21/28 | €15k | €7k | €879 | €879 | €879 | = |
| Intangible fixed assets21 | €15k | €6k | - | - | - | - |
| Tangible fixed assets22/27 | €366 | €991 | €879 | €879 | €879 | = |
| Plant, machinery and equipment23 | - | €991 | €879 | €879 | €879 | = |
| Current assets29/58 | €12k | €17k | €1k | €1k | €1k | = |
| Stocks and contracts in progress3 | €2k | €920 | - | - | - | - |
| Stocks30/36 | - | €920 | - | - | - | - |
| Amounts receivable within one year40/41 | €9k | €16k | €772 | €772 | €772 | = |
| Other amounts receivable41 | - | €16k | €772 | €772 | €772 | = |
| Cash at bank and in hand54/58 | €497 | €435 | €290 | €290 | €290 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27k | €24k | €2k | €2k | €2k | = |
| Equity10/15 | €-126k | €-114k | €-130k | €-130k | €-130k | = |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Outside capital11 | - | €6k | €6k | - | - | - |
| Other1109/19 | - | €6k | €6k | - | - | - |
| Profit (loss) carried forward14 | €-132k | €-121k | €-136k | €-136k | €-136k | = |
| Amounts payable17/49 | €153k | €139k | €132k | €132k | €132k | = |
| Amounts payable within one year42/48 | €153k | €139k | €132k | €132k | €132k | = |
| Trade debts44 | €13k | €3k | €4k | €4k | €4k | = |
| Suppliers440/4 | - | €3k | €4k | €4k | €4k | = |
| Other amounts payable47/48 | - | €135k | €128k | €128k | €128k | = |
| Line | 2018 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €9k | €-4k | €0 | €0 | - |
| + Depreciation and write-downs630 | €4k | €5k | €4k | - | - | - |
| Operating cash flow (approximation) | €9k | €14k | €117 | €0 | €0 | - |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | ▲ 100% |
| Change in cash | - | - | - | €0 | €0 | ▲ 100% |
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
Next filing, fiscal year 2026, expected by
2026
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 260 days late
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 114 days late
2021
31-12
Financial
Highest result since 2018net €9k ▲103%
Operating result €10k, net result €9k, both a record.
2019
06-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 67 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 51 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 134 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 157 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Joost-ten-Node · 1 establishment unit since 2013
Ground area
113 m²
Building footprint
88 m²
Volume, LiDAR
1,178 m³
Parcel 21572B0012/00K005, Brussels · tallest building 14.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Merinosstraat 14, 1210 Sint-Joost-ten-Node
since 20132.236.674.104
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572B0012/00K005 | Brussels | 113 m² | 1 · 88 m² | 14.6 m · 5 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,855 companies in sector 96220 we hold annual accounts for 1,439. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
Scores and ratios are computed by Checked and are not a credit decision.