Financials
Financial year 2025
CGM from Heuvelland, company number BE0699467196, closed financial year 2025 with a result of € -22,482 after tax. For that financial year CGM recorded a gross margin of € 92,344 and equity of € 48,751. Compared with financial year 2024, the result moved from € 22,053 to € -22,482. The company made a loss. The buffer shrank hard: equity is 54 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 48,751
▼ 54% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,482
▼ still € 22,053 profit in 2024
Profit after tax over the fiscal year.
€ 36,177
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 42,551.
People and assets in 2025
€ 91,969
▼ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 51,961
▲ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 28,279
▲ 21% vs 2024
€ 14,504 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 29,855
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,733
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 219,137 | € 127,617 | € 144,496 | € 92,344 | ▼ 36% |
| Profit after taxes | € 79,971 | € 8,837 | € 22,053 | € -22,482 | ▼ € 44,535 |
| Equity | € 75,637 | € 84,475 | € 106,528 | € 48,751 | ▼ 54% |
| Total debts | € 110,819 | € 141,258 | € 91,863 | € 101,359 | ▲ 10% |
| Cash | € 127,481 | € 123,674 | € 131,043 | € 36,177 | ▼ 72% |
| Retained profit | € 69,437 | € 78,275 | € 100,328 | € 42,551 | ▼ 58% |
| Dividend | € 0 | € 0 | € 0 | € 35,294 | |
| Bank debt | € 0 | € 33,036 | € 23,379 | € 28,279 | ▲ 21% |
| Balance sheet total | € 186,457 | € 225,733 | € 198,391 | € 150,111 | ▼ 24% |
Key figures of CGM, 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 CGM?
What happened at CGM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,482 (▼ € 44,535 vs 2024). Source: NBB ↗
- New establishment in Heuvelland. KBO
- Gregory Sette became a director. NBB
- Caroline Beck became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 79,971 profit in 2022 to € 22,482 loss in 2025.
Paid € 19,212 in corporate taxes since 2022.
Best year ever: 2022, with € 79,971 profit.
Paid out € 35,294 in dividends to the owners in total.
Management
Behind CGM are Gregory Sette and Caroline Beck.
Directors
According to the 2025 annual accounts
Gregory Sette
Director
since 2018
Caroline Beck
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Dikkebusstraat(Lok) 171
8958 Heuvelland
Dikkebusstraat(Dran) 171
8951 Heuvelland
Active since 2 July 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0699.467.196
- VAT number
- BE 0699.467.196
- Registered office
- Dikkebusstraat(Lok) 171, 8958 Heuvelland
- Names & denominations
- CGM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2018
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Cafés en bars