ACTIVE

CGM Finance

Financial year 2025 · closed on 31/12/2025
Net result
76,7 k €
+1.3% YoY
Gross margin
120,3 k €
+1.0% YoY
Equity
66,6 k €
-37.0% YoY

What does CGM Finance do?

CGM Finance is a Private limited company incorporated in 2018. Its main activity is: Management consultancy activities. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0713.962.659
Incorporation
27/11/2018
Legal form
Private limited company
Registered office
Rue de Joie 122
4000 Liège · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin120,3 k €119 k €75,9 k €81 k €123,1 k €104 k €131,1 k €
EBITDA119,2 k €117,7 k €72,8 k €79,2 k €120,3 k €100,7 k €129,5 k €
Operating result99,5 k €96,9 k €48,4 k €63,5 k €105,6 k €93,3 k €125,8 k €
Net result76,7 k €75,8 k €33,8 k €50,6 k €76,5 k €69 k €87,5 k €
Balance sheet
Equity66,6 k €105,9 k €191,5 k €192,1 k €231,6 k €175,1 k €106,1 k €
Total assets331,2 k €392,5 k €396,4 k €579,3 k €369,1 k €311,7 k €127,6 k €
Cash30,8 k €34,5 k €6,1 k €121,7 k €133,9 k €144,5 k €99 k €
Debts264,6 k €286,7 k €204,6 k €387 k €136,7 k €136,5 k €21,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Michel VISEUR

Director · since 27 novembre 2018

Active

Ended mandates

Michel Viseur

Manager

Ended
Michel VISEUR

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/05/202619/06/202519/06/202404/08/202324/06/202215/06/2021
General meeting06/03/202612/06/202513/06/202408/06/202309/06/202210/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202506/03/202621/05/2026FrenchPDF
Micro model31/12/202412/06/202519/06/2025FrenchPDF
Micro model31/12/202313/06/202419/06/2024FrenchPDF
Micro model31/12/202208/06/202304/08/2023FrenchPDF
Micro model31/12/202109/06/202224/06/2022FrenchPDF
Micro model31/12/202010/06/202115/06/2021FrenchPDF
Micro model31/12/201911/06/202015/06/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 2 ended

Active mandates

Michel VISEUR

Director · since 27 novembre 2018

Active

Ended mandates

Michel Viseur

Manager

Ended
Michel VISEUR

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/11/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office16/02/2021
    SIEGE SOCIAL
    PDF
  • Other29/11/2018
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 202576,7 k €
  2. 2024
    Annual accounts 202475,8 k €
  3. 2023
    Annual accounts 202333,8 k €
  4. 2022
    Annual accounts 202250,6 k €
  5. 2021
    Annual accounts 202176,5 k €
  6. 2020
    Annual accounts 202069 k €
  7. 2019
    Annual accounts 201987,5 k €
  8. 27/11/2018
    IncorporationPrivate limited company