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CSG INDUSTRIE

Active
Private limited companyfounded 200818 years activeIndustrieweg-Noord 1193, 3660 Oudsbergen, BelgiumKBO/BCE: BE 0899.164.759
Summary

CSG INDUSTRIE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €995,342 and a net result of €180,171. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 9,546 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€2.0mtotal assets 2025
Staff
15.6 FTE
Equity
€995,342
Profit
€180,171
Turnover not published (abridged schema)
Financial health
97 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Board
4 members
Accounts 31 days early2 of 6 deeds read
Why 97- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 2.10, cash €601,642+ Founded in 2008+ Equity €995,342 (50.3% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency 75+12
equity 50.3% of total assets
Liquidity 76+26
short-term debt 29.2% · cash 30.4%
Profitability 80-2
return on assets 9.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,636 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.3 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value
Credit up to €95,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.52 in 2024; short-term debt: 29.2% and cash: 30.4% of total assets), and 49.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 68% on solvency, 90% on liquidity, 72% on profitability and 78% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 2.10, cash €601,642
NBB · annual accounts
lowers risk · Founded in 2008
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €995,342 (50.3% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €995,342
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
31 days early
2023
30 days early
2022
25 days early
2021
34 days early
2020
33 days early
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: PVDV GCV (director)Permanent representative: Philip Daenen ·…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Resignations: Sue Coenen (director) and Cindy…Appointments: Sue Coenen Management BV…

Key points

  • Board changedlatest change 10-08-2026 · 4 in office 4 joined · 3 left View
  • Positive: Among the best 15% on equitysector median €257,026 · 9,547 companies €995,342 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €180,171 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.0m
Profit
€180,171
Solvency
50.3%
Total assets▼ 8.7%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 30-06-2025Annual accounts filed
  2. 01-07-2024Annual accounts filed
  3. 31-12-2023Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
27-06-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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