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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CG FINANCE from Grez-Doiceau, company number BE0860431570, closed financial year 2025 with a result of € -29,209 after tax. For that financial year CG FINANCE recorded a gross margin of € -18,352 and equity of € -108,123. Compared with financial year 2024, the result moved from € -9,543 to € -29,209. 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 31, 2026.
€ -108,123
▼ € 29,209 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,209
▼ 206 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,904
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -120,523.
People and assets in 2025
€ 37,571
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 62,000
Loans from banks and other lenders, long and short.
€ 4,175
▲ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 244
▲ 136% 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 | € -2,271 | € -11,562 | € 8,761 | € -18,352 | ▼ € 27,114 |
| Profit after taxes | € -4,291 | € -14,399 | € -9,543 | € -29,209 | ▼ € 19,666 |
| Equity | € -54,973 | € -69,372 | € -78,914 | € -108,123 | ▼ € 29,209 |
| Total debts | € 127,522 | € 130,453 | € 184,794 | € 186,805 | ▲ 1% |
| Cash | € 11,063 | € 2,699 | € 15,184 | € 5,904 | ▼ 61% |
| Retained profit | € -67,373 | € -81,772 | € -91,314 | € -120,523 | ▼ € 29,209 |
| Bank debt | € 62,000 | € 62,000 | € 62,000 | € 62,000 | |
| Balance sheet total | € 72,549 | € 61,081 | € 105,879 | € 78,682 | ▼ 26% |
Key figures of CG FINANCE, 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 CG FINANCE?
What happened at CG FINANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,209. Source: NBB ↗
- Alexandra Gérard became a director. NBB
- New establishment in Grez-Doiceau. KBO
- Start of the company according to the CBE. KBO
- Olivier Martinot became a director. NBB
In short
From € 4,291 loss in 2022 to € 29,209 loss in 2025.
Paid € 244 in corporate taxes since 2022.
Management
Behind CG FINANCE are Olivier Martinot and Alexandra Gérard. Olivier Martinot is also behind Immo Grand Royal and Le Grand Royal.
Directors
According to the 2025 annual accounts
since 2003
Alexandra Gérard
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue du Grand Royal 2 box 10
1390 Grez-Doiceau
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Immo Grand Royal same network
€ -71,705 gross margin · 2025
ECOLE D'EQUITATION LE GRAND ROYAL
Le Grand Royal same network
€ -54,883 gross margin · 2025
Ferme et Compagnie
MART ESTATE
€ 51,429 gross margin · 2023
+1 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
- 0860.431.570
- VAT number
- BE 0860.431.570
- Registered office
- Rue du Grand Royal 2 bus 10, 1390 Grez-Doiceau
- Names & denominations
- CG FINANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 2003
- Peppol
- Active · Active since 11 Feb 2026
- Activities · NACE
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