ACTIVE

C.G.W.

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Financial year 2025 · closed on 31/12/2025

Net result

146,4 k €

-13.5% YoY

Gross margin

257,3 k €

-12.7% YoY

Equity

980,6 k €

-0.7% YoY

What does C.G.W. do?

C.G.W. is a Private limited company incorporated in 1995. Its main activity is: Pre-primary education. Its registered office is in Rixensart.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.310.485

Incorporation

13/01/1995

Legal form

Private limited company

Registered office

Rue du Plagniau 22
1330 Rixensart · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

85120Pre-primary education· main 86220Specialist medical practice activities 86220Specialist medical practice activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	257,3 k €	-12.7%	294,7 k €	+20.4%	244,8 k €	-1.4%	248,2 k €	-22.5%	320,3 k €	+28.6%	249 k €	-14.2%	290,2 k €	+3.2%	281,1 k €	+5.5%	266,4 k €	-14.0%	309,6 k €	+6.0%	292,2 k €	-1.6%	296,9 k €	+22.1%	243,1 k €	+4.7%	232,1 k €	-5.4%	245,2 k €	+61.5%	151,8 k €	-34.3%	230,9 k €	+33.6%	172,8 k €	+27.8%	135,2 k €	-10.4%	151 k €
EBITDA	241 k €	-12.2%	274,5 k €	+19.2%	230,2 k €	+2.0%	225,8 k €	-28.7%	316,6 k €	+29.3%	244,8 k €	-13.5%	283,2 k €	+2.5%	276,3 k €	+5.4%	262,1 k €	-13.7%	303,7 k €	+6.0%	286,5 k €	+10.2%	260 k €	+28.4%	202,5 k €	+5.4%	192,1 k €	-4.6%	201,4 k €	+198%	67,7 k €	-59.0%	164,9 k €	+44.9%	113,8 k €	+44.5%	78,8 k €	-19.1%	97,4 k €
Operating result	209,8 k €	-14.4%	245 k €	+25.8%	194,7 k €	+7.4%	181,3 k €	-35.5%	281 k €	+36.3%	206,2 k €	-12.7%	236,1 k €	+3.6%	227,9 k €	+2.8%	221,7 k €	-12.7%	254 k €	+9.3%	232,3 k €	+15.6%	200,8 k €	+46.5%	137,1 k €	+5.2%	130,3 k €	-4.5%	136,4 k €	+1542%	-9,5 k €	-109%	108,4 k €	+31.4%	82,4 k €	+234%	24,7 k €	-40.4%	41,4 k €
Net result	146,4 k €	-13.5%	169,2 k €	+42.8%	118,5 k €	+2.3%	115,8 k €	-37.7%	185,8 k €	+36.1%	136,6 k €	-11.0%	153,4 k €	+3.1%	148,9 k €	+24.4%	119,6 k €	-24.7%	158,9 k €	-7.3%	171,4 k €	+34.5%	127,4 k €	+60.7%	79,2 k €	+6.6%	74,3 k €	+7.1%	69,4 k €	+297%	-35,1 k €	-162%	56,5 k €	-8.0%	61,5 k €	+124%	27,5 k €	-32.1%	40,5 k €
Balance sheet
Equity	980,6 k €	-0.7%	987,7 k €	+2.1%	967,3 k €	-5.5%	1 M €	+12.8%	907,6 k €	+1.9%	890,8 k €	+17.9%	755,8 k €	+25.1%	604 k €	-12.1%	687,3 k €	+21.1%	567,7 k €	-2.5%	582,3 k €	+41.7%	410,9 k €	+195%	139,4 k €	-59.5%	344,1 k €	+15.8%	297,3 k €	+10.6%	268,9 k €	-11.6%	304,1 k €	+21.7%	249,9 k €	+30.9%	190,9 k €	+15.4%	165,4 k €
Total assets	1,1 M €	-3.7%	1,1 M €	+3.0%	1,1 M €	-13.6%	1,3 M €	+12.1%	1,1 M €	+5.1%	1,1 M €	+9.1%	983,6 k €	+14.5%	859 k €	-9.6%	950,6 k €	-0.5%	955,6 k €	+6.6%	896,2 k €	+6.8%	839,2 k €	-6.2%	894,4 k €	+8.7%	823,2 k €	+3.7%	793,8 k €	+1.1%	784,9 k €	-0.5%	789,2 k €	+69.3%	466 k €	+6.7%	436,9 k €	+56.3%	279,5 k €
Cash	326,8 k €	-28.5%	457 k €	-12.8%	523,9 k €	-21.3%	665,8 k €	+23.1%	540,8 k €	+33.2%	406 k €	+55.5%	261,1 k €	+187%	90,9 k €	-54.5%	199,9 k €	+20.3%	166,2 k €	+72.1%	96,5 k €	-39.6%	159,8 k €	+55.0%	103,1 k €	-55.3%	230,9 k €	+311%	56,2 k €	-31.8%	82,4 k €	+41.9%	58,1 k €	+73.6%	33,5 k €	+98.8%	16,8 k €	+79.8%	9,4 k €
Debts	101,3 k €	-25.1%	135,1 k €	+8.4%	124,7 k €	-47.2%	236,4 k €	+7.4%	220 k €	+20.6%	182,4 k €	-19.9%	227,7 k €	-10.7%	255 k €	-2.6%	261,8 k €	-32.2%	386,4 k €	+23.1%	313,8 k €	-26.7%	428,1 k €	-42.8%	749,1 k €	+60.6%	466,4 k €	-4.7%	489,4 k €	-3.2%	505,8 k €	+6.4%	475,6 k €	+135%	202,7 k €	-13.7%	234,9 k €	+115%	109,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		0,6 ETP	+20.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	-50.0%	1,0 ETP	-50.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Catherine GIELEN

Director

Active

François GIELEN

Director

Active

Ended mandates

Catherine GIELEN

Manager

Ended

François GIELEN

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/08/2026	28/08/2025	30/08/2024	16/09/2023	29/10/2022	27/09/2021
General meeting	28/05/2026	10/06/2025	11/06/2024	12/09/2023	14/06/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	28/05/2026	13/08/2026	French	PDF
Micro model	31/12/2024	10/06/2025	28/08/2025	French	PDF
Micro model	31/12/2023	11/06/2024	30/08/2024	French	PDF
Micro model	31/12/2022	12/09/2023	16/09/2023	French	PDF
Micro model	31/12/2021	14/06/2022	29/10/2022	French	PDF
Micro model	31/12/2020	08/06/2021	27/09/2021	French	PDF
Micro model	31/12/2019	19/08/2020	16/10/2020	French	PDF
Micro model	31/12/2018	11/06/2019	30/08/2019	French	PDF
Micro model	31/12/2017	12/06/2018	31/08/2018	French	PDF
Micro model	31/12/2016	13/06/2017	29/09/2017	French	PDF
Abridged model	31/12/2015	07/06/2016	30/09/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	30/09/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	26/09/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	08/06/2010	30/07/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	30/07/2009	French	PDF
Abridged model	31/12/2007	10/06/2008	11/07/2008	French	PDF
Abridged model	31/12/2006	16/06/2007	27/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Catherine GIELEN

Director

Active

François GIELEN

Director

Active

Ended mandates

Catherine GIELEN

Manager

Ended

François GIELEN

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/07/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates14/04/2023
DEMISSIONS, NOMINATIONS
PDF
Capital / shares31/07/2018
CAPITAL, ACTIONS
PDF
Registered office30/04/2014
SIEGE SOCIAL - CAPITAL, ACTIONS
PDF
Mandates16/07/2013
DEMISSIONS, NOMINATIONS
PDF
Registered office25/07/2007
SIEGE SOCIAL - CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025146,4 k €↓
2024
Annual accounts 2024169,2 k €↑
2023
Annual accounts 2023118,5 k €↑
2022
Annual accounts 2022115,8 k €↓
2021
Annual accounts 2021185,8 k €↑
2020
Annual accounts 2020136,6 k €↓
2019
Annual accounts 2019153,4 k €↑
2018
Annual accounts 2018148,9 k €↑
2017
Annual accounts 2017119,6 k €↓
2016
Annual accounts 2016158,9 k €↓
2015
Annual accounts 2015171,4 k €↑
2014
Annual accounts 2014127,4 k €↑
2013
Annual accounts 201379,2 k €↑
2012
Annual accounts 201274,3 k €↑
2011
Annual accounts 201169,4 k €↑
2010
Annual accounts 2010-35,1 k €↓
2009
Annual accounts 200956,5 k €↓
2008
Annual accounts 200861,5 k €↑
2007
Annual accounts 200727,5 k €↓
2006
Annual accounts 200640,5 k €
13/01/1995
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

C.G.W.

Overview

What does C.G.W. do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline