Turnover—
EBIT margin—
Net result€7k
Working capital€-89k+36.9%
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of CGS GROUP is 3.2% (average). The 2024 annual accounts show negative equity (€-82k) and a net result of €7k. Its solvency ranks better than 6% of 2271 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone3.2%
Average
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Financials
FY 2024
€-82k
equity
Turnover—
Net result€7kHealth21/100 · Critical
See full annual accounts
People & board
1 mandate
0
active directors
+1 in history
All directors & mandates Publicationslatest 16-10-2025
10
publications in the State GazetteRegistered office moved within BlankenbergeAll publications & acts Network & structure
30
connected companiesSee network & structure
Connections
30 connected companiesTrust signals
3 signalsMore than 3 years active
Founded in 2022 — past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
0 events
No administrative flags
Company registry (CBE)
Crossroads BankActivities
Stukadoorswerk43310Stukadoorswerk43310Schrijnwerk43320Schrijnwerk43320Plaatsen van vloer- en wandtegels43331Plaatsen van vloer- en wandtegels43331
Primary activity highlighted.
Names & trade names
| Legal nameNL | CGS GROUP |
Registered office
Willem Van Heckehelling 2
8370 Blankenberge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.