CSP INVESTGROUP
ActiveSummary
CSP INVESTGROUP has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €427k and a net result of €9k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-8
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.76 in 2024; short-term debt: 13.4% and cash: 4.4% of total assets), and 18.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.2%
Return on assets
1.7%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
35 d early
2023
24 d early
2022
34 d early
2021
45 d early
2020
65 d early
2019
69 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€427k▲ 2.1%
2024 · €418k
2018: €339k
2019: €341k
2020: €344k
2021: €271k
2022: €347k
2023: €373k
2024: €418k
2018 → 2025
Total assets
€526k▼ 3.8%
2024 · €546k
2018: €672k
2019: €679k
2020: €674k
2021: €488k
2022: €908k
2023: €663k
2024: €546k
2018 → 2025
Net result
€9k▼ 80.3%
2024 · €45k
2018: €55k
2019: €3k
2020: €3k
2021: €-73k
2022: €76k
2023: €26k
2024: €45k
2018 → 2025
Working capital
€63k▲ 19.0%
2024 · €53k
2018: €16k
2019: €26k
2020: €17k
2021: €-18k
2022: €62k
2023: €28k
2024: €53k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€271k-€347k▲ 28.0%€373k▲ 7.4%€418k▲ 12.1%€427k▲ 2.1%
Operating result€-65k-€114k€59k▼ 48.4%€81k▲ 38.2%€23k▼ 71.4%
Net result€-73k-€76k€26k▼ 66.2%€45k▲ 75.2%€9k▼ 80.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €526k
Fixed assets
€392k ▼ 7.5%
Current assets
€134k ▲ 8.9%
Equity and liabilities €526k
Equity
€427k ▲ 2.1%
Debt
€99k ▼ 23.0%
Debt's share of the balance-sheet total falls from 23.5% to 18.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€70k▼
2024 · €127k
Cash flow
€56k▼
2024 · €90k
Current ratio
1.90▲
2024 · 1.76
Debt to equity
0.23▼
2024 · 0.31
ROE
2.1%▼
2024 · 10.8%
ROA
1.7%▼
2024 · 8.2%
Interest coverage
9.38▼
2024 · 13.23
Debt ≤ 1 year
€70k▲
2024 · €70k
Debt > 1 year
€27k▼
2024 · €54k
Income taxes
€7k▼
2024 · €27k
Staff costs
€37k▼
2024 · €92k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€546k€526k▼
Fixed assets21/28€423k€392k▼
Tangible fixed assets22/27€423k€392k▼
Land and buildings22€407k€380k▼
Furniture and vehicles24€16k€12k▼
Current assets29/58€123k€134k▲
Amounts receivable within one year40/41€96k€106k▲
Trade receivables40€42k€45k▲
Other amounts receivable41€54k€61k▲
Cash at bank and in hand54/58€24k€23k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€546k€526k▼
Equity10/15€418k€427k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€136k€114k▼
Reserves13€189k€212k▲
Non-distributable reserves130/1€182k€204k▲
Reserves not available under the articles1311€182k€204k▲
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€74k€82k▲
Amounts payable17/49€128k€99k▼
Amounts payable after more than one year17€54k€27k▼
Financial debts170/4€51k€24k▼
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€70k€70k▲
Current portion of amounts payable after more than one year42€26k€28k▲
Trade debts44€5k€20k▲
Suppliers440/4€5k€20k▲
Taxes, remuneration and social security45€38k€23k▼
Taxes450/3€29k€15k▼
Remuneration and social security454/9€9k€8k▼
Accrued charges and deferred income492/3€4k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€92k€37k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€47k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€16k€0▼
Other operating charges640/8€25k€10k▼
Non-recurring operating charges66A€500€0▼
Gross operating margin9900€260k€118k▼
Operating profit (loss)9901€81k€23k▼
Financial income75/76B€34€1▼
Recurring financial income75€34€1▼
Financial charges65/66B€10k€7k▼
Recurring financial charges65€10k€7k▼
Profit (loss) for the period before taxes9903€72k€16k▼
Income taxes67/77€27k€7k▼
Profit (loss) for the period9904€45k€9k▼
Profit (loss) for the period to be appropriated9905€45k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€82k▲
Profit (loss) brought forward from the previous period14P€29k€74k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €76k
Net result €76k after one loss-making year.
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-73k ▼2735%
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
24-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 108 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 70 days late
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zaveldriesstraat 493600 GenkGround area
412 m²
Building footprint
180 m²
Volume, LiDAR
980 m³
Parcel 71302A0032/00C035, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CSP Investgroup
since 20112.206.304.392
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0032/00C035 | Flanders | 412 m² | 1 · 179 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 4,713 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2011
Fiscal year end30-09
Activities, NACEBEL 2025
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
70100Activities of head offices
77229Renting and leasing of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.