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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Annual account missing NBB
Fiscal year 2025 was expected before 31 October 2025 and has not been filed.
Financials
Financial year 2024
CMG Holdings from Gent, company number BE0780807537, closed financial year 2024 with a result of € 678,303 after tax. For that financial year CMG Holdings recorded a gross margin of € 913,964 and equity of € 776,630. Compared with financial year 2023, the result moved from € 91,933 to € 678,303. Profitable, and profit is growing. 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 October 30, 2024.
€ 776,630
▲ € 678,303 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 678,303
▲ € 586,370 vs 2023
Profit after tax over the fiscal year.
€ 100,199
▲ 56% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 769,130.
People and assets in 2024
€ 59,607
▲ 8% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 40,114
▼ 19% vs 2023
€ 9,925 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 826
▼ 40% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 169,702
▲ € 138,206 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -727 | € 127,147 | € 913,964 | ▲ € 786,817 |
| Profit after taxes | € -1,106 | € 91,933 | € 678,303 | ▲ € 586,370 |
| Equity | € 6,394 | € 98,327 | € 776,630 | ▲ € 678,303 |
| Total debts | € 21,848 | € 184,051 | € 359,433 | ▲ 95% |
| Cash | € 11,184 | € 64,061 | € 100,199 | ▲ 56% |
| Retained profit | € -1,106 | € 90,827 | € 769,130 | ▲ € 678,303 |
| Bank debt | € 0 | € 49,679 | € 40,114 | ▼ 19% |
| Balance sheet total | € 28,242 | € 282,379 | € 1,136,064 | ▲ € 853,685 |
Key figures of CMG Holdings, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 October 2025.
What happened to CMG Holdings?
What happened at CMG Holdings in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 678,303 (▲ € 586,370 vs 2023). Source: NBB ↗
- New establishment in Gent. KBO
- Carl Grysolle became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,106 loss in 2022 to € 678,303 profit in 2024.
Paid € 241,515 in corporate taxes since 2022.
Best year ever: 2024, with € 678,303 profit.
Management
Behind CMG Holdings is Carl Grysolle. It owns 50% of Growfield Development, 50% of Growfield Capital and 50% of Maxus Capital itself.
Directors
According to the 2024 annual accounts
Carl Grysolle
Director
Also active at: Growfield Development, Growfield Capital, Brutus & Co, ZANDBERG
since 2022
Establishments
Establishment units
Physical locations of this company
Rode-Kruisstraat 1
9050 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0780.807.537
- VAT number
- BE 0780.807.537
- Registered office
- Rode-Kruisstraat 1, 9050 Gent
- Names & denominations
- CMG Holdings
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 24 January 2022
- Peppol
- Active · Active since 7 Apr 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed
Diverse administratieve activiteiten ten behoeve van kantoren
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