Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CFGR from Namur, company number BE0450521151, closed financial year 2025 with a result of € 33,779 after tax. For that financial year CFGR recorded a gross margin of € 43,449 and equity of € 117,012. Compared with financial year 2024, the result moved from € 39,769 to € 33,779. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.
€ 117,012
▲ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,779
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 1,455
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 104,618.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 162,039
▼ 19% vs 2024
€ 39,305 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 40,311
▲ € 39,924 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,378
▲ 74% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,618 | € 53,552 | € 48,131 | € 43,449 | ▼ 10% |
| Profit after taxes | € -312 | € 43,776 | € 39,769 | € 33,779 | ▼ 15% |
| Equity | € -312 | € 43,464 | € 83,234 | € 117,012 | ▲ 41% |
| Total debts | € 283,871 | € 238,058 | € 204,662 | € 208,728 | ▲ 2% |
| Cash | € 8,559 | € 5,811 | € 8,250 | € 1,455 | ▼ 82% |
| Retained profit | € -12,707 | € 31,070 | € 70,839 | € 104,618 | ▲ 48% |
| Bank debt | € 272,103 | € 236,679 | € 200,006 | € 162,039 | ▼ 19% |
| Balance sheet total | € 283,559 | € 281,522 | € 287,896 | € 325,740 | ▲ 13% |
Key figures of CFGR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CFGR?
What happened at CFGR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,779 (▼ 15% vs 2024). Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 312 loss in 2022 to € 33,779 profit in 2025.
Paid € 4,119 in corporate taxes since 2022.
Best year ever: 2023, with € 43,776 profit.
A new publication or filing at CFGR? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CFGR is RUDY GILSON. It owns 100% of BBO COFIDUC FIDUCIAIRE itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Place Léopold 8
5000 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.521.151
- VAT number
- BE 0450.521.151
- Registered office
- Place Léopold 8, 5000 Namur
- Names & denominations
- CFGR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 1993
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Overige fiscale dienstverlening
Boekhouders en boekhouders-fiscalisten