CSG-Construction Selon Gabriel
The computed 12-month bankruptcy probability of CSG-Construction Selon Gabriel is 1.2% (low). The 2024 annual accounts show equity of €10k and a net result of €2k. Equity is shrinking by ~11.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 12% of 11120 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €10k |
| Net result | €2k |
| Better than sector | 12% |
| Active | 12 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.2% | 40.9% | |
| Net result | €2k | €11k | |
| Equity | €10k | €34k | |
| Gross operating margin | €8k | €35k | |
| Total assets | €201k | €94k |
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €7k |
| Net profit | €2k |
| Cash flow | €7k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €201k |
| Equity | €10k |
| Debt | €190k |
| of which ≤ 1y | €190k |
| of which > 1y | - |
| Working capital | €3k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.02 |
| Quick ratio | 1.02 |
| Working capital ratio | 1.6% |
| Solvency | 5.2% |
| Debt / equity | 18.24 |
| Long-term debt ratio | - |
| Interest coverage | 89.36 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.1% |
| ROE | 20.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €201k |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €7k |
| Current assets | 29/58 | €193k |
| Amounts receivable within one year | 40/41 | €90k |
| Cash & bank | 54/58 | €103k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €201k |
| Equity | 10/15 | €10k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-10k |
| Amounts payable | 17/49 | €190k |
| Amounts payable within one year | 42/48 | €190k |
| Trade debts payable within one year | 44 | €65k |
| Income statement | ||
| Gross operating margin | 9900 | €8k |
| Operating result | 9901 | €2k |
| Financial charges | 65 | €74 |
| Result before taxes | 9903 | €2k |
| Net result for the period | 9904 | €2k |
| Result to be appropriated | 9905 | €2k |
Former directors (1)
-
Former- → 21-04-2021
| NACE primary | Bouwrijp maken van terreinen(43120) |
| Legal form | Private limited company(610) |
| Incorporation | 27-08-2013 |
| Status | Active |
| Postal code | 1357 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92003D0029/00S006 | Wallonia | 62.6 ha | 1 · 48 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-02-2026 Registered office moved from Namur to Hélécine
- Chaussée de Liège 1002, 5101 Namur → Rue George Dupont 7, 1357 Hélécine
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "H\u00E9l\u00E9cine",
"region": null,
"street": "Rue George Dupont",
"country": "BE",
"postcode": "1357",
"box_number": "c",
"street_number": "7"
},
"old_address": {
"city": "Namur",
"region": null,
"street": "Chauss\u00E9e de Li\u00E8ge",
"country": "BE",
"postcode": "5101",
"box_number": null,
"street_number": "1002"
},
"effective_date": "2026-01-01",
"evidence_quote": "Le transfert du si\u00E8ge social vers 1357 H\u00E9l\u00E9cine, Rue George Dupont 7c est vot\u00E9e avec effet imm\u00E9diat."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0537.773.047",
"name_full": "CSG-CONSTRUCTION SELON GABRIEL, EN ABREGE : CSG",
"legal_form": "SRL"
}
}17-07-2024 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0537.773.047",
"name_full": "CSG-CONSTRUCTION SELON GABRIEL, EN ABREGE : CSG",
"legal_form": "SPRL"
}
}14-09-2022 Registered office moved from Andenne to Live sur Meuse
- Chssée de Ciney 97, 5300 Andenne → Chaussée de Liège 1002, 5101 Live sur Meuse
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Live sur Meuse",
"region": null,
"street": "Chauss\u00E9e de Li\u00E8ge",
"country": "BE",
"postcode": "5101",
"box_number": null,
"street_number": "1002"
},
"old_address": {
"city": "Andenne",
"region": null,
"street": "Chss\u00E9e de Ciney",
"country": "BE",
"postcode": "5300",
"box_number": "B",
"street_number": "97"
},
"effective_date": "2022-08-17",
"evidence_quote": "Par d\u00E9cision de l\u0027assembl\u00E9e g\u00E9n\u00E9rale du 17 aout 2022, le transfert du si\u00E8ge \u00E0 5101 Live sur meuse, Chauss\u00E9e de Li\u00E8ge 1002 est accept\u00E9e avec effet imm\u00E9diat."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0537.773.047",
"name_full": "CSG-CONSTRUCTION SELON GABRIEL, EN ABREGE : CSG",
"legal_form": "SPRL"
}
}17-05-2021 Thibaud Merten resigns as managing director
- Thibaud Merten, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "gedelegeerd_bestuurder",
"person": {
"rrn": null,
"name": "Thibaud Merten",
"address": null,
"birth_date": null
},
"effective_date": "2021-04-21",
"evidence_quote": "Par d\u00E9cision de l\u0027assembl\u00E9e g\u00E9n\u00E9rale du 21 avril 2021, la d\u00E9mission de Monsieur Thibaud Merten est accept\u00E9e avec effet imm\u00E9diat. L\u0027Assembl\u00E9e donne tout pouvoir au Bureau Smeyers \u0026 Partners, repr\u00E9sent\u00E9 par Claude Smeyers, pour effectuer toutes les d\u00E9marches administratives de publication des d\u00E9cision",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0537.773.047",
"name_full": "CSG-CONSTRUCTION SELON GABRIEL, EN ABREGE : CSG",
"legal_form": "SPRL"
}
}27-05-2019 Registered office moved from Court St Etienne to Andenne
- Rue de la Papeterie 12, 1490 Court St Etienne → Chaussée de Ciney 97, 5300 Andenne
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Andenne",
"region": "Waals",
"street": "Chauss\u00E9e de Ciney",
"country": "BE",
"postcode": "5300",
"box_number": "b",
"street_number": "97"
},
"old_address": {
"city": "Court St Etienne",
"region": "Waals",
"street": "Rue de la Papeterie",
"country": "BE",
"postcode": "1490",
"box_number": "14",
"street_number": "12"
},
"effective_date": "2019-05-13",
"evidence_quote": "Par d\u00E9cision de l\u0027assembl\u00E9e g\u00E9n\u00E9rale du 30 avril 2019, il est d\u00E9cid\u00E9 de transf\u00E9rer le sid\u00E8ge social vers 5300 Andenne, Chauss\u00E9e de Ciney 97b \u00E0 partir de ce jour."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0537.773.047",
"name_full": "CSG-CONSTRUCTION SELON GABRIEL, EN ABREGE : CSG",
"legal_form": "SPRL"
}
}09-09-2013 Incorporation of a new SNC
Technical details
{
"kind": "oprichting",
"seat": "Rue de la Papeterie 12 \u00E0 1490 Court-Saint-Etienne",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1980-11-21",
"name": "MERTEN Thibaud Jacqueline Damien Benoit Genevi\u00E8ve",
"niss": null,
"address": "1325 Corroy-le-Grand, Chemin du Relai, 12 bte 7"
},
"share_class": "ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3100,
"holder_person_name": "MERTEN Thibaud Jacqueline Damien Benoit Genevi\u00E8ve",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 9300,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1991-02-15",
"name": "MERTEN Gabriel John Krystobal",
"niss": null,
"address": "1490 Court-Saint-Etienne, rue de la Papeterie, 12"
},
"share_class": "ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3100,
"holder_person_name": "MERTEN Gabriel John Krystobal",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 9300,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600,
"subject_company": {
"kbo": "0537.773.047",
"name_full": "CSG-Construction Selon Gabriel",
"legal_form": "SNC"
},
"initial_directors": [],
"incorporation_date": "2013-08-27",
"post_incorporation_mandates": []
}| Legal nameFR | CSG-Construction Selon Gabriel |
| AbbreviationFR | CSG |