Equity
Equity fell by 47% in 2 years.
Equity fell from €176,060 in 2018 to €94,046 in 2020.
On 15 April 2021 the court declared CGVB bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.1m. Estimated: probably between €640,000 and €1.9m.
Staff costs divided by the average number of full-time equivalents.
In 2020, 3 people joined and 5 left.
| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
255,534 | 315,356 | 372,541 | 262,265 | 289,099 | 280,714 | 189,415 | 104,979 | 98,591 | |
21/28 |
94,021 | 103,349 | 123,325 | 82,232 | 103,924 | 107,746 | 51,102 | 15,470 | 31,067 | |
21 |
- | - | 244 | 489 | 734 | 978 | - | 623 | 1,302 | |
22/27 |
94,021 | 103,349 | 123,081 | 81,743 | 100,890 | 106,768 | 51,102 | 14,847 | 29,766 | |
23 |
19,909 | 25,677 | 32,051 | 29,901 | 36,701 | 41,909 | 9,402 | 7,165 | 13,267 | |
24 |
61,040 | 59,944 | 71,824 | 35,070 | 47,947 | 45,610 | 24,602 | 1,573 | 5,591 | |
26 |
13,072 | 16,138 | 19,206 | 16,772 | 16,242 | 19,249 | 17,098 | 6,108 | 10,908 | |
27 |
- | 1,590 | - | - | - | - | - | - | - | |
28 |
- | - | - | - | 2,300 | - | - | - | - | |
29/58 |
161,513 | 212,007 | 249,216 | 180,033 | 185,175 | 172,968 | 138,313 | 89,509 | 67,524 | |
3 |
53,906 | 52,554 | 59,844 | 38,851 | 39,627 | 44,780 | 30,875 | 26,683 | 24,300 | |
30/36 |
53,906 | 52,554 | 59,844 | 38,851 | 39,627 | 44,780 | 30,875 | 26,683 | 24,300 | |
40/41 |
10,013 | - | 40,000 | 57,697 | 49,654 | 43,711 | 14,069 | 4,270 | 164 | |
40 |
10,013 | - | - | 17,697 | 9,654 | 42,104 | 14,069 | 4,270 | 164 | |
41 |
- | - | 40,000 | 40,000 | 40,000 | 1,607 | - | - | - | |
54/58 |
97,594 | 159,453 | 141,304 | 75,807 | 92,194 | 77,819 | 90,196 | 58,556 | 41,445 | |
490/1 |
- | - | 8,068 | 7,678 | 3,700 | 6,658 | 3,172 | - | 1,615 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
255,534 | 315,356 | 372,541 | 262,265 | 289,099 | 280,714 | 189,415 | 104,979 | 98,591 | |
10/15 |
94,046 | 168,492 | 176,060 | 130,290 | 107,905 | 55,758 | 65,383 | 36,378 | 33,909 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 14,700 | 6,200 | 6,200 | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 3,900 | 12,400 | 12,400 | |
13 |
157,460 | 157,460 | 157,460 | 111,690 | 87,071 | 28,373 | 28,373 | 28,373 | 28,373 | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
132 |
16,698 | 16,698 | 16,698 | 16,698 | 16,698 | - | - | - | - | |
133 |
138,902 | 138,902 | 138,902 | 93,132 | 68,513 | 26,513 | 26,513 | 26,513 | 26,513 | |
14 |
-82,014 | -7,568 | - | - | 2,234 | 8,785 | 22,310 | 1,805 | -664 | |
17/49 |
161,488 | 146,864 | 196,481 | 131,975 | 181,194 | 224,956 | 124,031 | 68,601 | 64,682 | |
17 |
14,657 | 26,894 | 40,630 | 14,610 | 29,398 | 34,873 | 6,394 | 1,490 | 15,671 | |
170/4 |
14,657 | 26,894 | 40,630 | 14,610 | 29,398 | 34,873 | 6,394 | - | 7,671 | |
175 |
- | - | - | - | - | - | - | 1,490 | 8,000 | |
42/48 |
146,831 | 119,970 | 155,851 | 117,365 | 151,796 | 190,084 | 117,637 | 67,111 | 49,011 | |
42 |
12,238 | 13,736 | 24,477 | 14,571 | 49,715 | 55,536 | 25,997 | 14,243 | 12,581 | |
44 |
41,432 | 15,569 | 24,691 | 19,361 | 23,374 | 50,548 | 16,183 | 805 | 9,831 | |
440/4 |
41,432 | 15,569 | 24,691 | 19,361 | 23,374 | 50,548 | 16,183 | 805 | 9,831 | |
45 |
90,097 | 83,702 | 105,859 | 82,609 | 77,883 | 83,010 | 67,156 | 44,644 | 26,599 | |
450/3 |
18,298 | 17,742 | 29,381 | 28,696 | 17,115 | 10,023 | 17,127 | 5,405 | 5,608 | |
454/9 |
71,799 | 65,960 | 76,478 | 53,913 | 60,768 | 72,987 | 50,029 | 39,239 | 20,991 | |
47/48 |
3,064 | 6,963 | 824 | 824 | 824 | 989 | 8,301 | 7,419 | - | |
| Income statement | ||||||||||
76A |
- | - | - | - | - | 1,250 | 275 | 396 | - | |
9900 |
450,986 | 511,065 | 578,753 | 507,049 | 523,445 | 449,584 | 298,521 | 202,393 | 190,256 | |
62 |
493,866 | 487,127 | 466,936 | 446,977 | 435,848 | 431,932 | 245,766 | 181,650 | 165,264 | |
630 |
23,257 | 23,214 | 24,735 | 18,443 | 22,550 | 18,781 | 19,761 | 16,176 | 16,274 | |
640/8 |
3,188 | 3,779 | 7,837 | 1,523 | 2,034 | 6,101 | 1,293 | 1,721 | 1,538 | |
66A |
- | - | 2,565 | 0 | - | - | - | - | 4,521 | |
9901 |
-69,325 | -3,055 | 76,680 | 40,106 | 63,013 | -7,230 | 31,701 | 2,847 | 7,179 | |
75/76B |
7 | 21 | 516 | 2,343 | 2,359 | 1,445 | 1,178 | 314 | 17 | |
75 |
7 | 21 | 516 | 2,343 | 2,359 | 1,445 | 1,178 | 314 | 17 | |
65/66B |
4,808 | 4,991 | 5,693 | 6,802 | 5,158 | 8,989 | 5,683 | 1,011 | 2,135 | |
65 |
4,808 | 4,991 | 5,693 | 6,802 | 5,158 | 8,989 | 5,683 | 1,011 | 2,135 | |
9903 |
-74,126 | -8,025 | 71,503 | 35,647 | 60,214 | -13,525 | 27,471 | 2,546 | 540 | |
67/77 |
320 | -457 | 25,733 | 13,262 | 8,067 | - | 6,965 | 77 | 1,204 | |
9904 |
-74,446 | -7,568 | 45,770 | 22,385 | 52,147 | -13,525 | 20,506 | 2,469 | -664 | |
689 |
- | - | - | - | 16,698 | - | - | - | - | |
9905 |
-74,446 | -7,568 | 45,770 | 22,385 | 35,449 | -13,525 | 20,506 | 2,469 | -664 | |
| Appropriation of the result | ||||||||||
9906 |
-82,014 | -7,568 | 45,770 | 24,619 | 44,234 | 8,785 | 22,310 | 1,805 | -664 | |
691/2 |
- | - | 45,770 | 24,619 | 42,000 | - | - | - | - | |
6921 |
- | - | 45,770 | 24,619 | 42,000 | - | - | - | - | |
| Social balance sheet | ||||||||||
9087 |
11.7 | 12.1 | 12.8 | 13.2 | 12.6 | 11.8 | 9.7 | 7.8 | 6.5 | |
Hours worked1013 |
18,729 | 21,347 | 21,477 | 22,503 | 21,859 | 20,858 | 16,562 | 13,328 | 11,040 | |
| Document | ||||||||||
The accounts for 2 older financial years (2010-2011) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2020 (PDF), filed on 23-11-2020.
2020 annual accounts filed 23 days after the deadline. Filed on 23 November 2020, deadline 31 October 2020 (7 months after the close on 31 March 2020, Companies Code art. 3:10). Source: NBB, 2020-71600259.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2020 | full format | 23-11-2020 | 2020-71600259 | |
| 31-03-2019 | full format | 27-09-2019 | 2019-67100402 | |
| 31-03-2018 | full format | 20-11-2018 | 2018-72500497 | |
| 31-03-2017 | full format | 27-11-2017 | 2017-70500045 | |
| 31-03-2016 | full format | 10-11-2016 | 2016-67800201 | |
| 31-03-2015 | full format | 30-09-2015 | 2015-62300370 | |
| 31-03-2014 | full format | 27-11-2014 | 2014-67800161 | |
| 31-03-2013 | full format | 25-11-2013 | 2013-66800292 | |
| 31-03-2012 | full format | 21-11-2012 | 2012-64200374 | |
| 31-03-2011 | full format | 15-11-2011 | 2011-58600038 | |
| 31-03-2010 | full format | 11-06-2010 | 2010-13700270 |
| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|
| -46,068 | 20,159 | 101,415 | 58,549 | 85,563 | 11,551 | 51,462 | 19,023 | 23,454 | ||
| -51,189 | 15,646 | 70,505 | 40,828 | 74,697 | 5,256 | 40,266 | 18,645 | 15,610 | ||
| 15,519 | 3,238 | 65,828 | 7,650 | 38,232 | 75,425 | 55,393 | 579 | 892 | ||
| -61,859 | 18,149 | 65,497 | -16,387 | 14,375 | -12,377 | 31,641 | 17,111 | - | ||
| 14,682 | 92,037 | 93,365 | 62,668 | 33,379 | -17,115 | 20,675 | 22,398 | 18,513 | ||
| 36.8% | 53.4% | 47.3% | 49.7% | 37.3% | 19.9% | 34.5% | 34.7% | 34.4% | ||
| 1.10 | 1.77 | 1.60 | 1.53 | 1.22 | 0.91 | 1.18 | 1.33 | 1.38 | ||
| 0.73 | 1.33 | 1.22 | 1.20 | 0.96 | 0.67 | 0.91 | 0.94 | 0.88 | ||
| 1.72 | 0.87 | 1.12 | 1.01 | 1.68 | 4.03 | 1.90 | 1.89 | 1.91 | ||
| -79.2% | -4.5% | 26.0% | 17.2% | 48.3% | -24.3% | 31.4% | 6.8% | -2.0% | ||
| -29.1% | -2.4% | 12.3% | 8.5% | 18.0% | -4.8% | 10.8% | 2.4% | -0.7% |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2020 is a loss of €69,325, larger than the loss of €3,055 in 2019. It is the lowest result since 2012.
Debt's share of the balance-sheet total rises from 46.6% to 63.2%. Equity is lower and debt is higher.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
CGVB has not been in the KBO register since 17 October 2026.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92335B0145/00D000 | 1,967 m² | 1 · 86 m² | 9.1 m · 3 |
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