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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
C.G.E.L. from Waterloo, company number BE0468061028, closed financial year 2025 with a result of € -29,430 after tax. For that financial year C.G.E.L. recorded a gross margin of € -13,062 and equity of € 157,308. Compared with financial year 2024, the result moved from € -38,960 to € -29,430. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ 157,308
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,430
▲ 24 % less loss than in 2024
Profit after tax over the fiscal year.
€ 74
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 95,334.
Debts at end 2025
€ 15,990
▼ 19% vs 2024
€ 3,854 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 14,353
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,793
▼ 51% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,149 | € 230,275 | € -21,749 | € -13,062 | ▲ € 8,687 |
| Profit after taxes | € 5,292 | € 155,019 | € -38,960 | € -29,430 | ▲ € 9,531 |
| Equity | € 70,678 | € 225,698 | € 186,737 | € 157,308 | ▼ 16% |
| Total debts | € 208,389 | € 68,092 | € 98,451 | € 95,586 | ▼ 3% |
| Cash | € 1,893 | € 3,344 | € 6,892 | € 74 | ▼ 99% |
| Land & buildings | € 270,297 | € 191,459 | € 182,605 | € 173,750 | ▼ 5% |
| Retained profit | € 8,705 | € 163,724 | € 124,764 | € 95,334 | ▼ 24% |
| Bank debt | € 0 | € 0 | € 19,697 | € 15,990 | ▼ 19% |
| Balance sheet total | € 279,067 | € 293,790 | € 285,189 | € 252,894 | ▼ 11% |
Key figures of C.G.E.L., 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 C.G.E.L.?
What happened at C.G.E.L. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christian Georges SRL stepped down as director. NBB
- Geoffrey Goossens stepped down as director. NBB
- Christian Goossens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 29,430. filed late Source: NBB ↗
- Christian Georges SRL became a director. NBB
- Geoffrey Goossens became a director. NBB
- Christian Goossens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,292 profit in 2022 to € 29,430 loss in 2025.
Paid € 58,521 in corporate taxes since 2022.
Best year ever: 2023, with € 155,019 profit.
Management
Directors
According to the 2025 annual accounts
Director · represented by Goossens Christian
since 2024 · until 2030
Geoffrey Goossens
Director
since 2024 · until 2030
Christian Goossens
Managing director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Place du Château Tremblant 5A
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0468.061.028
- VAT number
- BE 0468.061.028
- Registered office
- Place du Château Tremblant 5A, 1410 Waterloo
- Names & denominations
- C.G.E.L.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 1999
- Peppol
- Not registered