CGS
ActiveSummary
The computed 12-month bankruptcy probability of CGS is 1.7% (moderate). The 2025 annual accounts show negative equity (-€130,011) 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 4735 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 65 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,379 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 1,379 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.
| 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 | €3,849 | €4,517 | €3,709 | - | - | - |
| Gross operating margin9900 | €26,340 | €14,564 | €1,837 | €0 | €0 | - |
| Operating profit (loss)9901 | €4,973 | €9,778 | -€1,872 | €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 | €4,680 | €9,494 | -€2,792 | €0 | €0 | - |
| Income taxes67/77 | - | - | €800 | €0 | - | - |
| Profit (loss) for the period9904 | €4,680 | €9,494 | -€3,592 | €0 | €0 | - |
| Profit (loss) for the period to be appropriated9905 | €4,680 | €9,494 | -€3,592 | €0 | €0 | - |
| Line | 2018 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,230 | €24,416 | €1,941 | €1,941 | €1,941 | = |
| Fixed assets21/28 | €15,366 | €6,991 | €879 | €879 | €879 | = |
| Intangible fixed assets21 | €15,000 | €6,000 | - | - | - | - |
| Tangible fixed assets22/27 | €366 | €991 | €879 | €879 | €879 | = |
| Plant, machinery and equipment23 | - | €991 | €879 | €879 | €879 | = |
| Current assets29/58 | €11,864 | €17,424 | €1,062 | €1,062 | €1,062 | = |
| Stocks and contracts in progress3 | €2,250 | €920 | - | - | - | - |
| Stocks30/36 | - | €920 | - | - | - | - |
| Amounts receivable within one year40/41 | €9,117 | €16,069 | €772 | €772 | €772 | = |
| Other amounts receivable41 | - | €16,069 | €772 | €772 | €772 | = |
| Cash at bank and in hand54/58 | €497 | €435 | €290 | €290 | €290 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,230 | €24,416 | €1,941 | €1,941 | €1,941 | = |
| Equity10/15 | -€125,723 | -€114,367 | -€130,011 | -€130,011 | -€130,011 | = |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | €6,200 | €6,200 | - | - | - |
| Other1109/19 | - | €6,200 | €6,200 | - | - | - |
| Profit (loss) carried forward14 | -€131,923 | -€120,567 | -€136,211 | -€136,211 | -€136,211 | = |
| Amounts payable17/49 | €152,953 | €138,783 | €131,952 | €131,952 | €131,952 | = |
| Amounts payable within one year42/48 | €152,953 | €138,783 | €131,952 | €131,952 | €131,952 | = |
| Trade debts44 | €13,348 | €3,376 | €3,952 | €3,952 | €3,952 | = |
| Suppliers440/4 | - | €3,376 | €3,952 | €3,952 | €3,952 | = |
| Other amounts payable47/48 | - | €135,407 | €128,001 | €128,000 | €128,000 | = |
| Line | 2018 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,680 | €9,494 | -€3,592 | €0 | €0 | - |
| + Depreciation and write-downs630 | €3,849 | €4,517 | €3,709 | - | - | - |
| Operating cash flow (approximation) | €8,529 | €14,011 | €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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| 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
Similar companies · same sector and region
Identification & contact
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Register as of 30 September 2026 · Peppol Directory
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