C4F
The computed 12-month bankruptcy probability of C4F is 1.7% (moderate). The 2023 annual accounts show equity of €13.07M and a net result of €482k. Equity is growing by ~3.3% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €13.07M |
| Net result | €482k |
| Active | 14 yrs |
| Locations | 1 |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €482k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €21.09M |
| Equity | €13.07M |
| Debt | €8.02M |
| of which ≤ 1y | €3.68M |
| of which > 1y | €4.33M |
| Working capital | €-3.54M |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.04 |
| Quick ratio | 0.04 |
| Working capital ratio | -16.8% |
| Solvency | 62.0% |
| Debt / equity | 0.61 |
| Long-term debt ratio | 0.33 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 2.3% |
| ROE | 3.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €21.09M |
| Fixed assets | 21/28 | €20.95M |
| Financial fixed assets | 28 | €20.95M |
| Current assets | 29/58 | €137k |
| Amounts receivable within one year | 40/41 | €19k |
| Cash & bank | 54/58 | €638 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €21.09M |
| Equity | 10/15 | €13.07M |
| Contributions / capital | 10/11 | €11.55M |
| Reserves | 13 | €112k |
| Accumulated profits (losses) | 14 | €1.41M |
| Amounts payable | 17/49 | €8.02M |
| Amounts payable after one year | 17 | €4.33M |
| Amounts payable within one year | 42/48 | €3.68M |
| Trade debts payable within one year | 44 | €27k |
| Income statement | ||
| Operating result | 9901 | €-35k |
| Financial income | 75 | €616k |
| Financial charges | 65 | €99k |
| Result before taxes | 9903 | €482k |
| Net result for the period | 9904 | €482k |
| Result to be appropriated | 9905 | €482k |
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 22-06-2012 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0149/00W000 | Brussels | 1,666 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-01-2025 Capital decrease of €4,519,125.03 to €7,032,963.97
- €11.552.089 → €7.032.963,97
Technical details
{
"events": [
{
"kind": "scission_partielle",
"after_eur": null,
"delta_eur": null,
"before_eur": 11552089.0,
"share_emission": {
"agio_eur": null,
"share_form": "no_nominal_value",
"share_class": null,
"n_new_shares": 11552089,
"with_new_shares": true,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": 11552089,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "capital_decrease",
"after_eur": 7032963.97,
"delta_eur": -4519125.03,
"before_eur": 11552089.0,
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": null,
"with_new_shares": false,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Vincent Vroninks",
"firm_city": null,
"firm_name": null,
"office_city": "Ixelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2025-01-13",
"filing_date": "2025-01-09",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"act_date": "2024-12-24",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0846.794.954",
"name_full": "C4F",
"legal_form": "Soci\u00E9t\u00E9 anonyme",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"exp\u00E9dition du proc\u00E8s-verbal avec annexe(s)",
"projet acte constitutif \u0022C3F\u0022",
"statuts coordonn\u00E9s"
],
"shareholders_after": [],
"share_classes_after": []
}07-10-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-10-07",
"filing_date": "2024-09-27",
"act_kind_objet": "PROJET D\u0027OP\u00C9RATION ASSIMIL\u00C9E \u00C0 UNE SCISSION PAR CONSTITUTION"
},
"decision": {
"body": null,
"act_date": null,
"unanimous": null
},
"conversion": null,
"detected_kind": "merger_new_company",
"report_waiver": {
"summary": "Tous les actionnaires de la SA C4F ont unanimement renonc\u00E9 \u00E0 la r\u00E9daction du rapport pr\u00E9vu \u00E0 l\u0027article 12:78 du CSA, et le conseil d\u0027administration n\u0027est donc pas tenu d\u0027\u00E9tablir un rapport sp\u00E9cial sur la scission partielle en application de l\u0027article 12:77 du CSA.",
"articles": [
"12:77",
"12:78"
]
},
"restructuring": {
"parties": [
{
"kbo": "0846.794.954",
"name": "C4F",
"role": "contributor",
"address": "Rue Gachard 88, Boite 8- 1050 Ixelles",
"is_foreign": false,
"legal_form": "Soci\u00E9t\u00E9 anonyme",
"is_new_company": false,
"jurisdiction_country": "BE"
},
{
"kbo": null,
"name": "C3F Belgium",
"role": "recipient",
"address": "1050 ixelles, rue Gachard 88 bo\u00EEte 8",
"is_foreign": false,
"legal_form": "Soci\u00E9t\u00E9 anonyme",
"is_new_company": true,
"jurisdiction_country": "BE"
},
{
"kbo": null,
"name": "C3F SAS",
"role": "demerged",
"address": "69570 Dardilly (France), Chemin du Moulin Carron 45",
"is_foreign": true,
"legal_form": "SAS",
"is_new_company": false,
"jurisdiction_country": "FR"
},
{
"kbo": null,
"name": "C5F",
"role": "other",
"address": "13289-140 Vinhendo (Br\u00E9sil), Rua dos Sabias 104",
"is_foreign": true,
"legal_form": null,
"is_new_company": false,
"jurisdiction_country": "BR"
}
],
"exchange_ratio": null,
"legal_articles": [
"12:8",
"12:75",
"12:77",
"12:78",
"12:74 \u00A73",
"7:7",
"12:99 \u00A71",
"12:59 \u00A71",
"12:84",
"12:85",
"12:86",
"12:87 \u00A71",
"117\u00A71",
"120 in fine",
"211"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": "2024-06-30",
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": true,
"patrimony_description": "Les \u00E9l\u00E9ments du patrimoine actif et passif de C4F, y compris toute dette ou obligation non r\u00E9alis\u00E9e se rapportant \u00E0 la participation dans C3F, seront scind\u00E9s et apport\u00E9s \u00E0 la SA C3F Belgium \u00E0 constituer.",
"equity_transferred_eur": 13580357.05,
"accounting_effective_date": "2024-06-30"
},
"subject_company": {
"kbo": "0846.794.954",
"name_full": "C4F",
"legal_form": "Soci\u00E9t\u00E9 anonyme"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"summary_narrative": "Le conseil d\u0027administration de la soci\u00E9t\u00E9 anonyme C4F a \u00E9tabli un projet d\u0027op\u00E9ration assimil\u00E9e \u00E0 une scission par constitution d\u0027une nouvelle soci\u00E9t\u00E9, conform\u00E9ment aux articles 12:8 et 12:75 du Code des soci\u00E9t\u00E9s et des associations (CSA). Ce projet vise \u00E0 proposer \u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire des actionnaires de C4F de voter l\u0027op\u00E9ration par laquelle les \u00E9l\u00E9ments du patrimoine actif et passif de C4F seront scind\u00E9s et apport\u00E9s \u00E0 la soci\u00E9t\u00E9 anonyme nouvellement constitu\u00E9e, C3F Belgium.",
"co_filed_documents": [],
"detected_real_type": "fusion_proposal",
"referenced_correction": null,
"should_reroute_to_category": null
}03-10-2024 6 reappointed
- Rémi FOUQUE, Bestuurder
- Régis FOUQUE, Bestuurder
- Grégory FOUQUE, Bestuurder
- Rémi FOUQUE, Gedelegeerd bestuurder
- Régis FOUQUE, Gedelegeerd bestuurder
- Grégory FOUQUE, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_renew",
"role": "administrateur",
"person": {
"rrn": null,
"name": "R\u00E9mi FOUQUE",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": null,
"statutory": "statutair",
"compensated": false,
"effective_date": "2024-09-12",
"evidence_quote": "En date du 12 septembre 2024, l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire qui s\u0027est tenue a d\u00E9cid\u00E9, \u00E0 l\u0027unanimit\u00E9, de reconduire, avec effet imm\u00E9diat, pour un nouveau terme de six ans, jusqu\u0027\u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2030 d\u00E9lib\u00E9rant sur les comptes annuels clos au 31/12/2029, les mandats d\u0027administrate",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": "2030"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_renew",
"role": "administrateur",
"person": {
"rrn": null,
"name": "R\u00E9gis FOUQUE",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": null,
"statutory": "statutair",
"compensated": false,
"effective_date": "2024-09-12",
"evidence_quote": "En date du 12 septembre 2024, l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire qui s\u0027est tenue a d\u00E9cid\u00E9, \u00E0 l\u0027unanimit\u00E9, de reconduire, avec effet imm\u00E9diat, pour un nouveau terme de six ans, jusqu\u0027\u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2030 d\u00E9lib\u00E9rant sur les comptes annuels clos au 31/12/2029, les mandats d\u0027administrate",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": "2030"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_renew",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Gr\u00E9gory FOUQUE",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": null,
"statutory": "statutair",
"compensated": false,
"effective_date": "2024-09-12",
"evidence_quote": "En date du 12 septembre 2024, l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire qui s\u0027est tenue a d\u00E9cid\u00E9, \u00E0 l\u0027unanimit\u00E9, de reconduire, avec effet imm\u00E9diat, pour un nouveau terme de six ans, jusqu\u0027\u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2030 d\u00E9lib\u00E9rant sur les comptes annuels clos au 31/12/2029, les mandats d\u0027administrate",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": "2030"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_renew",
"role": "administrateur_d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "R\u00E9mi FOUQUE",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": null,
"statutory": "statutair",
"compensated": false,
"effective_date": "2024-09-23",
"evidence_quote": "En date du 23 septembre 2024, le conseil d\u0027administration qui s\u0027est tenu a d\u00E9cid\u00E9, \u00E0 l\u0027unanimit\u00E9, de reconduire, avec effet imm\u00E9diat, pour un nouveau terme de six ans, jusqu\u0027\u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2030 d\u00E9lib\u00E9rant sur l\u0027approbation des comptes annuels clos au 31/12/2029, les mandats d\u0027ad",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": "2030"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_renew",
"role": "administrateur_d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "R\u00E9gis FOUQUE",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": null,
"statutory": "statutair",
"compensated": false,
"effective_date": "2024-09-23",
"evidence_quote": "En date du 23 septembre 2024, le conseil d\u0027administration qui s\u0027est tenu a d\u00E9cid\u00E9, \u00E0 l\u0027unanimit\u00E9, de reconduire, avec effet imm\u00E9diat, pour un nouveau terme de six ans, jusqu\u0027\u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2030 d\u00E9lib\u00E9rant sur l\u0027approbation des comptes annuels clos au 31/12/2029, les mandats d\u0027ad",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": "2030"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_renew",
"role": "administrateur_d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Gr\u00E9gory FOUQUE",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": null,
"statutory": "statutair",
"compensated": false,
"effective_date": "2024-09-23",
"evidence_quote": "En date du 23 septembre 2024, le conseil d\u0027administration qui s\u0027est tenu a d\u00E9cid\u00E9, \u00E0 l\u0027unanimit\u00E9, de reconduire, avec effet imm\u00E9diat, pour un nouveau terme de six ans, jusqu\u0027\u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire de 2030 d\u00E9lib\u00E9rant sur l\u0027approbation des comptes annuels clos au 31/12/2029, les mandats d\u0027ad",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": "2030"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_granted",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Nathalie CALOMME",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0759.412.703",
"name": "COMPAGNIE FIDUCIAIRE ET DE GESTION",
"address": null,
"country": null,
"legal_form": "SRL"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Tant l\u0027assembl\u00E9e g\u00E9n\u00E9rale que le conseil d\u0027administration ont donn\u00E9, \u00E0 l\u0027unanimit\u00E9, mandat \u00E0 la SRL COMPAGNIE FIDUCIAIRE ET DE GESTION, immatricul\u00E9e \u00E0 la Banque-Carrefour des Entreprises sous le num\u00E9ro 0759.412.703, \u00E0 ses administrateurs ainsi qu\u0027\u00E0 ses employ\u00E9s, pr\u00E9pos\u00E9s ou mandataires dont Nathalie",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Rexelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2024-09-25",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-09-12",
"unanimous": true
},
{
"body": "raad_van_bestuur",
"date": "2024-09-23",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0846.794.954",
"name_full": "C4F",
"legal_form": "Soci\u00E9t\u00E9 anonyme"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0759.412.703",
"org_name": "COMPAGNIE FIDUCIAIRE ET DE GESTION",
"person_name": null,
"org_rep_person_name": "Nathalie Calomme",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | C4F |