C.D.F.
ActiveC.D.F. has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €375k and a net result of €71k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 1305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.41 against 2.59 in 2024; short-term debt: 17.2% and cash: 34.7% of total assets), and 17.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
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
82.8%
Return on assets
15.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
42 d early
2023
9 d early
2022
6 d early
2021
7 d early
2020
1 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€375k▲ 11.5%
2024 · €336k
2019: €113k
2020: €129k
2021: €150k
2022: €249k
2023: €279k
2024: €336k
2019 → 2025
Total assets
€453k▲ 0.4%
2024 · €451k
2019: €223k
2020: €207k
2021: €245k
2022: €378k
2023: €401k
2024: €451k
2019 → 2025
Net result
€71k▼ 3.4%
2024 · €73k
2019: €62k
2020: €24k
2021: €31k
2022: €99k
2023: €52k
2024: €73k
2019 → 2025
Working capital
€187k▲ 11.7%
2024 · €168k
2019: €39k
2020: €60k
2021: €56k
2022: €70k
2023: €111k
2024: €168k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€150k-€249k▲ 65.9%€279k▲ 12.1%€336k▲ 20.5%€375k▲ 11.5%
Operating result€47k-€147k▲ 212%€81k▼ 44.7%€120k▲ 47.1%€106k▼ 11.1%
Net result€31k-€99k▲ 223%€52k▼ 47.3%€73k▲ 40.0%€71k▼ 3.4%
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 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €453k
Fixed assets
€188k▲ 5.5%
Current assets
€265k▼ 2.9%
Equity and liabilities €453k
Equity
€375k▲ 11.5%
Debt
€78k▼ 32.2%
The debt ratio falls from 25.4% to 17.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€157k▼
2024 · €168k
Cash flow
€121k▼
2024 · €121k
Solvency
82.8%▲
2024 · 74.6%
Current ratio
3.41▲
2024 · 2.59
Quick ratio
3.41▲
2024 · 2.59
Debt / equity
0.21▼
2024 · 0.34
ROE
18.8%▼
2024 · 21.7%
ROA
15.6%▼
2024 · 16.2%
Interest coverage
28.04▲
2024 · 23.15
Debt
€78k▼
2024 · €115k
Debt ≤ 1 year
€78k▼
2024 · €105k
Debt > 1 year
€0▼
2024 · €9k
Income taxes
€31k▼
2024 · €40k
Staff costs
€27k▲
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€451k€453k▲
Fixed assets21/28€178k€188k▲
Tangible fixed assets22/27€175k€185k▲
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€155k€170k▲
Other tangible fixed assets26€9k€7k▼
Financial fixed assets28€2k€2k=
Current assets29/58€273k€265k▼
Amounts receivable within one year40/41€110k€101k▼
Trade receivables40€92k€85k▼
Other amounts receivable41€18k€17k▼
Current investments50/53€75k€0▼
Cash at bank and in hand54/58€84k€157k▲
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€451k€453k▲
Equity10/15€336k€375k▲
Contributions10/11€20k€20k=
Reserves13€316k€355k▲
Distributable reserves133€316k€355k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€115k€78k▼
Amounts payable after more than one year17€9k€0▼
Financial debts170/4€9k€0▼
Amounts payable within one year42/48€105k€78k▼
Current portion of amounts payable after more than one year42€28k€16k▼
Financial debts43-€192
Credit institutions430/8-€192
Trade debts44€57k€29k▼
Suppliers440/4€57k€29k▼
Taxes, remuneration and social security45€15k€16k▲
Taxes450/3€12k€12k▲
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€6k€17k▲
Income statement
Code20242025
Remuneration, social security and pensions62€21k€27k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€50k▲
Other operating charges640/8€3k€10k▲
Non-recurring operating charges66A€6k€0▼
Gross operating margin9900€197k€193k▼
Operating profit (loss)9901€120k€106k▼
Financial income75/76B€1€951▲
Recurring financial income75€1€951▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€113k€102k▼
Income taxes67/77€40k€31k▼
Profit (loss) for the period9904€73k€71k▼
Profit (loss) for the period to be appropriated9905€73k€71k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€71k▼
Transfer from equity791/2€16k€32k▲
Transfer to equity691/2€73k€71k▼
To other reserves6921€73k€71k▼
Profit to be distributed694/7€16k€32k▲
Return on contributions (dividend)694€16k€32k▲
The notes to these accounts (11 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
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
22-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €99k ▲223%
Operating result €147k, net result €99k, both a record.
30-06
Financial
Equity above €200kEq €249k ▲65.9%
4 profitable years in a row build equity to €249k.
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €24k ▼61.3%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
24-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Aalter · 1 establishment unit since 2002
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.
Hellestraat 539910 AalterGround area
880 m²
Building footprint
226 m²
Volume, LiDAR
599 m³
Parcel 44029D0927/00M000, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hellestraat 53, 9910 Aalter
since 20022.095.952.739
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44029D0927/00M000 | Flanders | 880 m² | 1 · 226 m² | 5.3 m · 1 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.
Recognitions · licences · registrations
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
GOETHALS – LIPPENS
BE 0759.372.319
Kaprijke · Eq €372k
E-MAT AUTOMATION
BE 0825.419.718
Dendermonde · Eq €371k
DIMER TECHNICS
BE 0840.255.471
Maldegem · Eq €371k
MUYLE ELECTRO MACHINERY DEVELOPMENT
BE 0692.640.178
Sombreffe · Eq €371k
ASTRATEC
BE 0455.138.549
Lichtervelde · Eq €370k
Of 1,225 companies in sector 33200 we hold annual accounts for 676. 483 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-04-2002
Fiscal year end30-06
Activities, NACEBEL
25210Manufacture of fabricated metal products, except machinery and equipment
25300Manufacture of fabricated metal products, except machinery and equipment
28300
33200Installation of industrial machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.