Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CSG Transports from Walhain, company number BE1013309510, closed financial year 2025 with a result of € 845 after tax. For that financial year CSG Transports recorded a gross margin of € 24,756 and equity of € 8,687. Compared with financial year 2024, the result moved from € -1,158 to € 845. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 8,687
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 845
▲ still € 1,158 loss in 2024
Profit after tax over the fiscal year.
€ 373
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -313.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 37,919
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 23,792
▼ 41% vs 2024
€ 16,224 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 8,297
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,622
▲ € 6,766 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 4,772 | € 24,756 | ▲ € 19,984 |
| Profit after taxes | € -1,158 | € 845 | ▲ € 2,004 |
| Equity | € 7,842 | € 8,687 | ▲ 11% |
| Total debts | € 82,816 | € 70,100 | ▼ 15% |
| Cash | € 467 | € 373 | ▼ 20% |
| Retained profit | € -1,158 | € -313 | ▲ € 845 |
| Bank debt | € 40,323 | € 23,792 | ▼ 41% |
| Balance sheet total | € 90,658 | € 78,787 | ▼ 13% |
Key figures of CSG Transports, fiscal years 2024 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 CSG Transports?
What happened at CSG Transports in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 845. Source: NBB ↗
- New establishment in Walhain. KBO
- Nicolas Ghion became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,158 loss in 2024 to € 845 profit in 2025.
Paid € 1,761 in corporate taxes since 2024.
Best year ever: 2025, with € 845 profit.
A new publication or filing at CSG Transports? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CSG Transports is Nicolas Ghion.
Directors
According to the 2025 annual accounts
Nicolas Ghion
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Rue de Blanmont(NSV) 29 box 1
1457 Walhain
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1013.309.510
- VAT number
- BE 1013.309.510
- Registered office
- Rue de Blanmont(NSV) 29 bus 1, 1457 Walhain
- Names & denominations
- CSG Transports
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2024
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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