ACTIVE

CGers

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Financial year 2025 · closed on 31/12/2025

Net result

86,3 k €

+76.5% YoY

Gross margin

1,4 M €

+10.2% YoY

Equity

2,2 M €

+3.9% YoY

Workforce

16,3 ETP

-0.6% YoY

What does CGers do?

CGers is a Private limited company incorporated in 2007. Its registered office is in Heusden-Zolder. It employs on average 16,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0891.377.738

Incorporation

10/08/2007

Legal form

Private limited company

Registered office

Mijnwerkerslaan 7
3550 Heusden-Zolder · FlandreSee on map

Contributed capital

45 000,00 €

Latest accounts

31/12/2025

Average workforce

16,3 ETP

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 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	1,4 M €	+10.2%	1,3 M €	-4.0%	1,4 M €	-34.1%	2,1 M €	+6.0%	2 M €	-14.2%	2,3 M €	-21.1%	2,9 M €	+173%	1,1 M €	+25.8%	844 k €	+44.3%	585 k €	+66.7%	350,9 k €	+253%	99,3 k €	-50.6%	201,1 k €	-35.0%	309,7 k €	-28.0%	430,3 k €	+177%	155,2 k €	+52.3%	101,9 k €	-39.5%	168,5 k €
EBITDA	363,2 k €	+17.0%	310,3 k €	-19.5%	385,3 k €	-56.2%	879,9 k €	+27.3%	691,3 k €	-44.9%	1,3 M €	-33.8%	1,9 M €	+213%	606,1 k €	+44.1%	420,5 k €	+17.5%	357,9 k €	+49.9%	238,8 k €	+2159%	10,6 k €	-36.3%	16,6 k €	+173%	-22,7 k €	-125%	91,9 k €	+12.7%	81,6 k €	-19.2%	101 k €	-39.6%	167,3 k €
Operating result	148,9 k €	+86.1%	80 k €	-18.9%	98,6 k €	-81.7%	538,7 k €	+66.8%	323 k €	-63.1%	875,1 k €	-41.3%	1,5 M €	+270%	402,5 k €	+50.4%	267,6 k €	+17.6%	227,6 k €	+30.7%	174,1 k €	+610%	-34,1 k €	+6.3%	-36,4 k €	+61.1%	-93,7 k €	-534%	21,6 k €	+95.3%	11 k €	-67.9%	34,5 k €	-72.5%	125,5 k €
Net result	86,3 k €	+76.5%	48,9 k €	-19.9%	61,1 k €	-86.9%	465,8 k €	+83.4%	253,9 k €	-64.5%	715,6 k €	-40.2%	1,2 M €	+298%	301,1 k €	+53.5%	196,1 k €	+24.7%	157,3 k €	-4.0%	163,9 k €	+512%	-39,8 k €	+12.4%	-45,5 k €	+55.4%	-101,9 k €	-897%	12,8 k €	+2748%	449 €	-98.6%	31,2 k €	-64.0%	86,7 k €
Balance sheet
Equity	2,2 M €	+3.9%	2,1 M €	+2.2%	2,1 M €	+2.9%	2 M €	+7.3%	1,9 M €	+8.7%	1,7 M €	+25.6%	1,4 M €	+109%	661,7 k €	+42.8%	463,5 k €	+32.3%	350,3 k €	+78.6%	196,1 k €	+407%	38,7 k €	-53.0%	82,4 k €	-36.6%	129,8 k €	-45.0%	236,2 k €	+3.5%	228,3 k €	-2.4%	233,9 k €	+77.7%	131,7 k €
Total assets	3,3 M €	+12.9%	2,9 M €	-9.6%	3,3 M €	-17.8%	4 M €	-5.8%	4,2 M €	+1.5%	4,1 M €	-5.6%	4,4 M €	+62.0%	2,7 M €	+96.6%	1,4 M €	-2.2%	1,4 M €	+64.6%	857,1 k €	+23.0%	697,1 k €	-8.6%	763 k €	-13.5%	882,6 k €	-11.7%	999,1 k €	+14.4%	873 k €	-3.9%	908,4 k €	+178%	326,6 k €
Cash	20 k €	-93.7%	318,1 k €	+155%	124,8 k €	-79.8%	616,4 k €	+587%	89,7 k €	-71.5%	315,3 k €	+116%	146,1 k €	+2747%	5,1 k €	-93.6%	80,8 k €	+7342%	1,1 k €	-97.1%	37,7 k €	+4119%	893 €	-92.2%	11,5 k €	-70.7%	39,3 k €	+50.1%	26,2 k €	+111%	12,4 k €	+483%	2,1 k €	+1239%	159 €
Debts	1 M €	+37.2%	755,4 k €	-31.5%	1,1 M €	-39.3%	1,8 M €	-2.3%	1,9 M €	-18.5%	2,3 M €	-20.1%	2,9 M €	+39.2%	2,1 M €	+124%	916,3 k €	-11.0%	1 M €	+55.7%	661 k €	+0.4%	658,3 k €	-3.3%	680,6 k €	-9.5%	752 k €	-1.4%	762,6 k €	+18.3%	644,8 k €	-4.4%	674,5 k €	+246%	195 k €
Other
Workforce	16,3 ETP	-0.6%	16,4 ETP	-7.9%	17,8 ETP	-14.8%	20,9 ETP	-15.7%	24,8 ETP	+3.3%	24,0 ETP	+15.4%	20,8 ETP	+85.7%	11,2 ETP	+13.1%	9,9 ETP	+111%	4,7 ETP	+74.1%	2,7 ETP	-22.9%	3,5 ETP	-39.7%	5,8 ETP	-17.1%	7,0 ETP	0.0%	7,0 ETP	+268%	1,9 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 · 1 active · 3 ended

Active mandates

manam

Director · since 15 décembre 2017 · 0463.657.822

Represented by Hans Segers

Active

Ended mandates

Hans Segers

Manager · since 02 août 2007

Ended

Johan Segers

Manager · since 02 août 2007

Ended

Hans Segers

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
manam● Active	0463.657.822
MUMACOM● Active	1039.875.137

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	22/06/2026	02/07/2025	28/06/2024	27/06/2023	29/07/2022	08/07/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	23/05/2023	24/05/2022	25/05/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/05/2025	02/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/05/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	23/05/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	24/05/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	25/05/2021	08/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/05/2020	13/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/05/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	23/05/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/05/2016	12/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	29/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/05/2014	24/06/2014	Dutch	PDF
Abridged model	31/12/2012	28/05/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	22/05/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/05/2011	10/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	04/06/2010	Dutch	PDF
Abridged model	31/12/2008	06/05/2009	29/05/2009	Dutch	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 · 1 active · 3 ended

Active mandates

manam

Director · since 15 décembre 2017 · 0463.657.822

Represented by Hans Segers

Active

Ended mandates

Hans Segers

Manager · since 02 août 2007

Ended

Johan Segers

Manager · since 02 août 2007

Ended

Hans Segers

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/08/2026
Uittreksel uit akte benoeming bestuurder
PDF
Mandates14/01/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/02/2019
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares17/12/2015
BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office15/03/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other21/08/2007
OPRICHTING VAN EEN BESLOTEN VENNOOTSCHAP MET BEPERKTE ï
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 202586,3 k €↑
2024
Annual accounts 202448,9 k €↓
2023
Annual accounts 202361,1 k €↓
2022
Annual accounts 2022465,8 k €↑
2021
Annual accounts 2021253,9 k €↓
2020
Annual accounts 2020715,6 k €↓
2019
Annual accounts 20191,2 M €↑
2018
Annual accounts 2018301,1 k €↑
2017
Annual accounts 2017196,1 k €↑
2016
Annual accounts 2016157,3 k €↓
2015
Annual accounts 2015163,9 k €↑
2015
Name changeCgers
2014
Annual accounts 2014-39,8 k €↑
2013
Annual accounts 2013-45,5 k €↑
2012
Annual accounts 2012-101,9 k €↓
2011
Annual accounts 201112,8 k €↑
2010
Annual accounts 2010449 €↓
2009
Annual accounts 200931,2 k €↓
2008
Annual accounts 200886,7 k €
2008
Name changeSEGERS
10/08/2007
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

CGers

Overview

What does CGers do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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