CMG
ActiveSummary
CMG is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For CMG, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €181,117 and a net result of €3,577. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 6155 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 6155 sector peers (2024).
NBB · sector comparisonPosition among 6155 sector peers
Solvency
better than 13%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €181,117
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 150 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 29-06-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
60 d late
2023
31 d late
2022
23 d early
2021
11 d late
2020
28 d late
2019
43 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€181,117▲ 2.0%
2023 · €177,540
Net result
€3,577▼ 74.1%
2023 · €13,813
Total assets
€1.6m▼ 2.9%
2023 · €1.7m
Solvency
11.0%▲ 0.5pp
2023 · 10.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€39,926▲ 98.7%€22,178▼ 44.5%€58,652▲ 164%€60,323▲ 2.8%€59,811▼ 0.8%
Net result€16,492within the sector's middle half▲ 292%€1,746below the sector's middle half▼ 89.4%€23,583within the sector's middle half▲ 1,250%€13,813within the sector's middle half▼ 41.4%€3,577below the sector's middle half▼ 74.1%
Equity€38,397below the sector's middle half▲ 75.3%€40,144below the sector's middle half▲ 4.5%€163,727below the sector's middle half▲ 308%€177,540within the sector's middle half▲ 8.4%€181,117below the sector's middle half▲ 2.0%
Total assets€721,483within the sector's middle half▲ 5.5%€627,471within the sector's middle half▼ 13.0%€1.3mwithin the sector's middle half▲ 104%€1.7mwithin the sector's middle half▲ 32.4%€1.6mwithin the sector's middle half▼ 2.9%
Debt€683,086▲ 3.2%€587,328▼ 14.0%€1.1m▲ 89.9%€1.5m▲ 35.9%€1.5m▼ 3.5%
Working capital-€24,267▼ 73.1%-€23,847▲ 1.7%-€9,405▲ 60.6%€88,555€100,475▲ 13.5%
Solvency5.3%below the sector's middle half▲ 2.1pp6.4%below the sector's middle half▲ 1.1pp12.8%below the sector's middle half▲ 6.4pp10.5%below the sector's middle half▼ 2.3pp11.0%below the sector's middle half▲ 0.5pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.2m ▼ 3.0%
Current assets
€447,841 ▼ 2.6%
Equity and liabilities €1.6m
Equity
€181,117 ▲ 2.0%
Debt
€1.5m ▼ 3.5%
Debt's share of the balance-sheet total falls from 89.5% to 89.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
2.0%▼
2023 · 7.8%
ROA
0.2%▼
2023 · 0.8%
Debt ≤ 1 year
€347,366▼
2023 · €371,193
Debt > 1 year
€1.1m▼
2023 · €1.1m
Income taxes
€3,834▼
2023 · €9,549
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €958 | - | €247 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,578 | €24,607 | €25,657 | €26,145 | €36,913 | ▲ 41.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €6,414 | - |
| Other operating charges640/8 | - | €14,347 | €8,474 | €6,163 | €7,685 | ▲ 24.7% |
| Non-recurring operating charges66A | - | - | - | €8,000 | €2,628 | ▼ 67.1% |
| Gross operating margin9900 | €68,959 | €61,132 | €92,783 | €100,630 | €113,452 | ▲ 12.7% |
| Operating profit (loss)9901 | €39,926 | €22,178 | €58,652 | €60,323 | €59,811 | ▼ 0.8% |
| Financial income75/76B | - | €2 | €1 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €870 | €2 | €0 | €0 | €0 | ▼ 100% |
| Non-recurring financial income76B | - | - | €1 | - | €0 | - |
| Financial charges65/66B | - | €17,058 | €18,866 | €36,961 | €52,400 | ▲ 41.8% |
| Recurring financial charges65 | €17,493 | €17,058 | €18,866 | €36,961 | €52,400 | ▲ 41.8% |
| Profit (loss) for the period before taxes9903 | €23,303 | €5,122 | €39,787 | €23,362 | €7,411 | ▼ 68.3% |
| Income taxes67/77 | €6,811 | €3,375 | €16,203 | €9,549 | €3,834 | ▼ 59.8% |
| Profit (loss) for the period9904 | €16,492 | €1,746 | €23,583 | €13,813 | €3,577 | ▼ 74.1% |
| Profit (loss) for the period to be appropriated9905 | €16,492 | €1,746 | €23,583 | €13,813 | €3,577 | ▼ 74.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €721,483 | €627,471 | €1.3m | €1.7m | €1.6m | ▼ 2.9% |
| Fixed assets21/28 | €579,387 | €568,211 | €1.2m | €1.2m | €1.2m | ▼ 3.0% |
| Tangible fixed assets22/27 | €578,767 | €567,591 | €552,010 | €632,921 | €596,008 | ▼ 5.8% |
| Land and buildings22 | - | €563,776 | €547,512 | €524,414 | €570,103 | ▲ 8.7% |
| Plant, machinery and equipment23 | - | €0 | €2,268 | €1,807 | €1,346 | ▼ 25.5% |
| Furniture and vehicles24 | - | €3,815 | €2,230 | €644 | €24,558 | ▲ 3,715% |
| Assets under construction and advance payments27 | - | - | - | €106,056 | €0 | ▼ 100% |
| Financial fixed assets28 | €620 | €620 | €600,620 | €600,620 | €600,620 | = |
| Current assets29/58 | €142,096 | €59,260 | €126,673 | €459,748 | €447,841 | ▼ 2.6% |
| Amounts receivable after more than one year29 | - | €29,400 | €29,400 | - | - | - |
| Other amounts receivable291 | - | €29,400 | €29,400 | - | - | - |
| Amounts receivable within one year40/41 | €35,348 | €21,648 | €65,980 | €397,393 | €434,064 | ▲ 9.2% |
| Trade receivables40 | - | €21,620 | €61,312 | €100,993 | €119,634 | ▲ 18.5% |
| Other amounts receivable41 | - | €28 | €4,668 | €296,400 | €314,430 | ▲ 6.1% |
| Current investments50/53 | - | - | €10,000 | €10,000 | €10,000 | = |
| Cash at bank and in hand54/58 | €33,147 | €44 | €13,788 | €51,173 | €2,656 | ▼ 94.8% |
| Deferred charges and accrued income490/1 | - | €8,168 | €7,506 | €1,182 | €1,121 | ▼ 5.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €721,483 | €627,471 | €1.3m | €1.7m | €1.6m | ▼ 2.9% |
| Equity10/15 | €38,397 | €40,144 | €163,727 | €177,540 | €181,117 | ▲ 2.0% |
| Contributions10/11 | - | €18,600 | €118,953 | €118,953 | €118,953 | = |
| Reserves13 | €353 | €353 | - | - | - | - |
| Non-distributable reserves130/1 | - | €353 | - | - | - | - |
| Reserves not available under the articles1311 | - | €353 | - | - | - | - |
| Profit (loss) carried forward14 | €19,444 | €21,191 | €44,774 | €58,587 | €62,164 | ▲ 6.1% |
| Amounts payable17/49 | €683,086 | €587,328 | €1.1m | €1.5m | €1.5m | ▼ 3.5% |
| Amounts payable after more than one year17 | €511,877 | €500,221 | €976,498 | €1.1m | €1.1m | ▼ 2.5% |
| Financial debts170/4 | - | €500,221 | €976,498 | €1.1m | €1.1m | ▼ 2.5% |
| Amounts payable within one year42/48 | €166,363 | €83,107 | €136,078 | €371,193 | €347,366 | ▼ 6.4% |
| Current portion of amounts payable after more than one year42 | - | €24,970 | €25,424 | €121,238 | €119,369 | ▼ 1.5% |
| Financial debts43 | - | €1,819 | €1,762 | €1,768 | €4,620 | ▲ 161% |
| Credit institutions430/8 | - | €1,819 | €1,762 | €1,768 | €4,620 | ▲ 161% |
| Trade debts44 | €13,991 | €2,021 | €43,393 | €16,448 | €1,864 | ▼ 88.7% |
| Suppliers440/4 | - | €2,021 | €43,393 | €16,448 | €1,864 | ▼ 88.7% |
| Taxes, remuneration and social security45 | - | €7,951 | €65,499 | €11,544 | €39,302 | ▲ 240% |
| Taxes450/3 | - | €7,951 | €65,499 | €11,544 | €39,302 | ▲ 240% |
| Other amounts payable47/48 | - | €46,346 | - | €220,194 | €182,210 | ▼ 17.3% |
| Accrued charges and deferred income492/3 | - | €4,000 | €3,000 | - | €243 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,492 | €1,746 | €23,583 | €13,813 | €3,577 | ▼ 74.1% |
| + Depreciation and write-downs630 | €22,578 | €24,607 | €25,657 | €26,145 | €36,913 | ▲ 41.2% |
| Operating cash flow (approximation) | €39,070 | €26,353 | €49,240 | €39,958 | €40,490 | ▲ 1.3% |
| Investment in fixed assets (approximation) | - | -€13,431 | -€610,076 | -€107,056 | €0 | ▲ 100% |
| Change in cash | - | -€33,104 | €13,744 | €37,385 | -€48,517 | ▼ 230% |
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
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €23,583 ▲1,250%
Net result €23,583, the highest in the series.
30-09
Financial
Equity above €150,000Eq €163,727 ▲308%
5 profitable years in a row build equity to €163,727.
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
30-09
Financial
Weakest financial yearnet €1,746 ▼89.4%
Net result drops to €1,746, the lowest in the series; recovery starts the following year.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 28 days late
2020
18-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
07-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Brasschaat · 1 establishment unit since 2003
Ground area
702 m²
Building footprint
115 m²
Volume, LiDAR
514 m³
Parcel 11323F0465/00B002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CAR MANAGEMENT GROUP
since 20032.135.478.754
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11323F0465/00B002 | Flanders | 702 m² | 1 · 115 m² | 8.4 m · 2 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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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 13,513 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
Founded18-11-2003
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0861686434
Also
9925:BE0861686434
Registered
10-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.