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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Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2023
C.G.C. Sportsteam from Izegem, company number BE0784669127, closed financial year 2023 with a result of € -12,485 after tax. For that financial year C.G.C. Sportsteam recorded a gross margin of € 19,808 and equity of € -10,534. Compared with financial year 2022, the result moved from € 1,951 to € -12,485. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 25, 2024.
€ -10,534
▼ € 12,485 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,485
▼ still € 1,951 profit in 2022
Profit after tax over the fiscal year.
€ 422
▼ 86% vs 2022
Cash and bank balances on the last day of the fiscal year.
People and assets in 2023
€ 98,422
▼ 23% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 93,968
▼ 22% vs 2022
€ 26,720 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 25,495
▲ € 25,255 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 273
▼ 94% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 23,661 | € 19,808 | ▼ 16% |
| Profit after taxes | € 1,951 | € -12,485 | ▼ € 14,436 |
| Equity | € 1,951 | € -10,534 | ▼ € 12,485 |
| Total debts | € 135,095 | € 119,737 | ▼ 11% |
| Cash | € 3,051 | € 422 | ▼ 86% |
| Retained profit | € 1,951 | € -10,534 | ▼ € 12,485 |
| Bank debt | € 120,062 | € 93,968 | ▼ 22% |
| Balance sheet total | € 137,046 | € 109,202 | ▼ 20% |
Key figures of C.G.C. Sportsteam, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to C.G.C. Sportsteam?
What happened at C.G.C. Sportsteam in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 12,485 (▼ € 14,436 vs 2022). Source: NBB ↗
- Lieselotte Deceuninck became a director. NBB
- Bart Sobry became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,951 profit in 2022 to € 12,485 loss in 2023.
Best year ever: 2022, with € 1,951 profit.
Management
Behind C.G.C. Sportsteam are Lieselotte Deceuninck and Bart Sobry. Bart Sobry is also behind Natuursteen Familie, PADRON, Potrell, Pyloon and SOVAKO.
Directors
According to the 2023 annual accounts
Lieselotte Deceuninck
Director
since 2022
since 2022
Establishments
Establishment units
Physical locations of this company
Sasstraat 5
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →COCOLO
€ 128,632 gross margin · 2025
Cagico
€ 1 million revenue · 2025
Wünder
€ 118,144 gross margin · 2025
PARENO same network
€ 835 gross margin · 2025
MOM
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0784.669.127
- VAT number
- BE 0784.669.127
- Registered office
- Sasstraat 5, 8870 Izegem
- Names & denominations
- C.G.C. Sportsteam
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 8 April 2022
- Peppol
- Active · Active since 13 Oct 2026
- Activities · NACE
Overige sportactiviteiten, neg
Sport- en recreatieonderwijs
Activiteiten van reclamebureaus
Overige zakelijke dienstverlening, neg