Result
-€66,564 -€66,564
From profit to loss in 2025, after a profit of €10,341 in 2024.
CEFA PROPERTIES
Overview
Information for creditors
Enterprise Court of Ghent, Ghent division · Official Gazette of 26-10-2026Appeal or third-party opposition until 10-11-2026File the claim in RegSol, the Belgian insolvency register, until 19-11-2026First verification report 24-11-2026Late claim until 20-10-2027
- Matthias Gesquieretrusteem.gesquiere@portelio.be
Steps, deadlines and articles of law
The procedure
- Supervising judge
- Ann De Causmaecker
- Official Gazette
- 26-10-2026search the document for 2026/145063
Deadlines
- Provisional date payments stopped
- 15 October 2026The trustee can in some cases challenge payments and security you received since that day. A later judgment can still change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
- Appeal or third-party opposition until
- 10 November 2026That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- 19 November 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- 24 November 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 20 October 2027A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Matthias GesquiereMaaltemeers 84, 9051 1 Gent (Sint-Denijs-Westrem)m.gesquiere@portelio.be
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Reclaim goods you delivered under retention of title before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Lifetime
3 annual accounts with figures on one time axispeak €26,793 (2024)
-€3,980▼ €30,773
lowest -€66,564 (2025)
-€66,564▼ €76,904
peak €173,509 (2024)
€106,945▼ 38.4%
€290,103▼ 10.1%
Board4 names since 2023
3 directorsGASHI Fane and 2 others
Documentsfilings and deeds
29-09-202660 days late
2025micro format
Gross margin from €26,793 to -€3,980Loss of €66,564Equity from €173,509 to €106,945Cash from €32 to €1,652
Key points
from the 2025 annual accounts, the last ones filedDebts
€290,103 73% of the balance sheet
Suppliers 3%Taxes and wages 1%Other 96%
Liquidity
0.01 was 2.01 in 2024
Short-term debts rose from €37,827 to €290,103.
No scoreTurnover not published (abbreviated or micro format)
Board and ownership
- STAUMONT Cédric founderdeed of 06-07-2023
- GASHI Fane founderdeed of 06-07-2023
Recent changes
Bankruptcy published
Enterprise Court of Ghent, Ghent division · judgment of 20-10-2026 · Bankruptcy
Resignation: Martine VERHOEVEN (director)
General meeting of 04-09-2026 · Gazette deed
Registered office moved from Sint-Genesius-Rode to Maldegem
New registered office: Rootweg 30, 9991 Maldegem · Previous registered office: Waterloose Steenweg 258, 1640 Sint-Genesius-Rode · Resignations: Cédric STAUMONT (director) and Fane GASHI (director) · General meeting of 25-07-2026 · Gazette deed
1 director appointed, 2 resignations
Resignations: Cédric Staumont and Fane Gashi · Appointment: Verhoeven Martine · General meeting of 31-12-2025 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 20-10-2026
- Activity
- “Alle activiteiten in het vastgoeddomein in de brede zin, en namelijk de aankoop, de…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.347.459.9801640 Sint-Genesius-Rode, since 04-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 21-05-2026
Annual accounts 2025
- -€3,980
- €66,564
- €106,945▼ 38.4%
- €397,048▼ 20.0%
- Filing
- Filed on 29-09-2026
Insights on CEFA PROPERTIES
Equity fell from €173,509 in 2024 to €106,945 in 2025.
On 20 October 2026 the court declared CEFA PROPERTIES bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-09-2026, 60 days late-€3,980
▼ €30,773
-€24,571
▼ €33,424
-€66,564
▼ €76,904
-€288,240
▼ €326,347
26.9%
▼ 8.0 percentage points
0.01
▼ 2.00
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €397,048 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
397,048 | 496,336 | 923,067 | |
21/28 |
395,185 | 420,402 | 423,794 | |
21 |
- | 0 | 559 | |
22/27 |
395,185 | 420,402 | 423,235 | |
22 |
395,185 | 409,210 | 423,235 | |
24 |
- | 11,192 | - | |
29/58 |
1,864 | 75,934 | 499,273 | |
40/41 |
- | 75,735 | 42,728 | |
40 |
- | - | 18,000 | |
41 |
- | 75,735 | 24,728 | |
54/58 |
1,652 | 32 | 456,047 | |
490/1 |
212 | 167 | 499 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
397,048 | 496,336 | 923,067 | |
10/15 |
106,945 | 173,509 | 163,168 | |
10/11 |
5,000 | 5,000 | 5,000 | |
12 |
157,749 | 157,749 | 157,749 | |
14 |
-55,804 | 10,760 | 419 | |
17/49 |
290,103 | 322,827 | 759,899 | |
17 |
- | 285,000 | 285,000 | |
170/4 |
- | 285,000 | 285,000 | |
42/48 |
290,103 | 37,827 | 473,899 | |
42 |
257,153 | 2,430 | 2,430 | |
44 |
7,618 | 33,397 | 13,444 | |
440/4 |
7,618 | 33,397 | 13,444 | |
45 |
3,849 | - | - | |
450/3 |
3,849 | - | - | |
47/48 |
21,484 | 2,000 | 458,025 | |
492/3 |
- | - | 1,000 | |
| Income statement | ||||
9900 |
-3,980 | 26,793 | 5,770 | |
630 |
14,025 | 17,382 | 6,015 | |
640/8 |
6,566 | 557 | 381 | |
9901 |
-24,571 | 8,854 | -626 | |
75/76B |
- | 2,037 | 1,274 | |
75 |
- | 2,037 | 1,274 | |
65/66B |
38,036 | 551 | 228 | |
65 |
38,036 | 551 | 228 | |
9903 |
-62,607 | 10,341 | 419 | |
67/77 |
3,957 | - | - | |
9904 |
-66,564 | 10,341 | 419 | |
9905 |
-66,564 | 10,341 | 419 | |
| Appropriation of the result | ||||
9906 |
-55,804 | 10,760 | 419 | |
14P |
10,760 | 419 | - | |
| Document | ||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 60 days after the deadline. Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00549483.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -10,546 | 26,236 | 5,389 | ||
| -52,539 | 27,723 | 6,434 | ||
| -11,192 | 13,990 | 272,060 | ||
| 1,620 | -456,015 | - | ||
| -288,240 | 38,107 | 25,374 | ||
| 26.9% | 35.0% | 17.7% | ||
| 0.01 | 2.01 | 1.05 | ||
| 2.71 | 1.86 | 4.66 | ||
| -62.2% | 6.0% | 0.3% | ||
| -16.8% | 2.1% | 0.0% | ||
| -0.28 | 47.65 | 23.61 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Mortgages, amount registered | €247,500 | - | - |
| Carrying value of the mortgaged assets | €369,326 | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €13,990 | €270,942 |
| Intangible fixed assets | - | - | €1,118 |
| €14,025 | €17,382 | €6,015 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on CEFA PROPERTIES
The operating result for 2025 is a loss of €24,571, after a profit of €8,854 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total rises from 65.0% to 73.1%. Equity and debt are lower.
Board & ownership
Curator
the curator has managed the company since 20-10-2026Last board
2 directors, no change since September 2026Director
Director
appointed by deed of 04-09-2026
listed in the 2025 annual accounts, filed on 29-09-2026
Mandates through the years
4 names, the dashed line is todayBoardEarliermandate already running before its first mentionBankruptcy 20-10-2026
Mandates as a list
- Wolfram MACHARIS
- Director, from before 31-12-2025, until the bankruptcy of 20-10-2026
- Martine VERHOEVEN
- Director, from before 01-01-2026, until the bankruptcy of 20-10-2026
- GASHI Fane
- Director (not named in the articles), from 04-07-2023 to 15-07-2026
- Director, until 04-09-2026
- STAUMONT Cédric
- Director (not named in the articles), from 04-07-2023 to 15-07-2026
- Director, until 04-09-2026
Control
Founders
This company
CEFA PROPERTIES
Equity €106,945
Loss €66,564 in 2025
Capital
- Contribution
- €5,000
- Shares
- 2,000
- Contribution per share
- €2.50
- Equity per share
- €53.47 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 06-07-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering kan vertrekvergoeding toekennen, algemene vergadering die bestuurder(s)benoemt bepaalt aantal,duur van opdracht…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 20:00
Founders
At incorporation
deed of 06-07-2023 ↗
- STAUMONT Cédric founder
- GASHI Fane founder
The directors' other companies
1 last director with another company that went bankrupt, was dissolved or struck off1 other company of this director went bankrupt (2026).
- F&C PROPERTIES bankruptcy on 20-10-2026Official Gazettemandate in 2026
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
No group
CEFA PROPERTIES has no parent and no holdings in its annual accounts.
At the same address
Rootweg 30, 9991 Maldegem · 7 other companies| DUGARDEIN - DE SUTTER Metaalkonstruktie
registered office since 01-07-1970 · founded in 1970 · accounts filed late |
13 FTE (2024) 0407.096.825 |
| Ferro
registered office since 31-05-2013 · founded in 2013 |
total assets €8.0m (2025) 0534.848.991 |
| Ferrovia
registered office since 13-02-2018 · founded in 2018 |
total assets €7.1m (2025) 0690.547.651 |
| F&C PROPERTIES
registered office since 12-01-2023 · founded in 2023 |
total assets €3.3m (2025) 0797.098.290 |
| Twogether
registered office since 02-01-2010 · founded in 2009 |
total assets €1.3m (2025) 0821.778.159 |
| Isa
registered office since 11-09-2002 · founded in 2002 |
total assets €161,320 (2025) 0478.025.601 |
| Inovantis
registered office since 13-09-2016 · founded in 2016 |
total assets €13,620 (2025) 0662.545.038 |
Earlier ties
| IMMO CHABEAU via Fane GASHI, at CEFA PROPERTIES until 2026 · Manager (not named in the articles) · deed of 14-01-2020 Open bankruptcy · founded in 1986 |
total assets €14.2m (2023) |
| TRENT - IMMO via STAUMONT Cédric, at CEFA PROPERTIES until 2026 · Managing director · deed of 18-06-2021 Open bankruptcy · founded in 1990 |
total assets €10.0m (2023) |
| FAHIFANE via STAUMONT Cédric, at CEFA PROPERTIES until 2026 · Director (not named in the articles) · deed of 22-01-2021 Open bankruptcy · founded in 1992 |
total assets €9.5m (2023) |
| TERANGA PROPERTIES via STAUMONT Cédric, at CEFA PROPERTIES until 2026 · Managing director · deed of 23-06-2021 Open bankruptcy · founded in 1991 |
total assets €5.5m (2023) |
| F&C PROPERTIES via Martine VERHOEVEN, no longer at F&C PROPERTIES · Director · deed of 28-01-2026 Open bankruptcy · founded in 2023 |
total assets €3.3m (2025) |
| GDS Immo via STAUMONT Cédric, at CEFA PROPERTIES until 2026 · Director (not named in the articles) · deed of 30-05-2022 Open bankruptcy · founded in 1972 |
total assets €3.1m (2023) |
Show 4 more earlier ties
| OFFICO via STAUMONT Cédric, at CEFA PROPERTIES until 2026 · Managing director · deed of 23-06-2021 Open bankruptcy · founded in 2000 |
total assets €3.0m (2023) |
| GEORGES HENRY PROMOTION via STAUMONT Cédric, at CEFA PROPERTIES until 2026 · Managing director · deed of 08-06-2021 Open bankruptcy · founded in 2006 |
total assets €686,048 (2023) |
| BED MARKET via STAUMONT Cédric, at CEFA PROPERTIES until 2026 · Director · deed of 04-05-2022 Open bankruptcy · founded in 2022 |
3.2 FTE (2023) |
| T&A PROPERTIES via STAUMONT Cédric (at CEFA PROPERTIES until 2026) and Fane GASHI (at CEFA PROPERTIES until 2026) · Director · deed of 06-07-2023 founded in 2023 · negative equity (2025) |
total assets €51 (2025) |
Connections & network
2 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
INVESTIMMO HOLDING
via Martine VERHOEVEN · Director · deed of 15-07-2026
Founded in 2025 · total assets €5,001 (2025)
→
Thuiszorg Martine
via Martine VERHOEVEN · Manager (not named in the articles) · deed of 13-02-2026
Founded in 2026
→
Timeline
Timeline
13 events since 2023Board
Filings
Financial
Establishments
Insolvency
Address
2023202420252026
2026
Bankruptcy published Enterprise Court of Ghent, Ghent division · judgment of 20-10-2026
Annual accounts 2025 filed NBBmicro format · 60 days late
- General meeting, 04-09-2026
- Director resignation, Martine VERHOEVEN
- Power of attorney, Tim Laureys
- Power of attorney, Dieter Aerts
- The deed holds 1 more point.
Registered office moved from Sint-Genesius-Rode to MaldegemNew registered office: Rootweg 30, 9991 Maldegem · Previous registered office: Waterloose Steenweg 258, 1640 Sint-Genesius-Rode · Resignations: Cédric STAUMONT (director) and Fane GASHI (director) · General meeting of 25-07-20267 points ▸
- General meeting, 25-07-2026
- Director resignation, Cédric STAUMONT
- Director resignation, Fane GASHI
- Director appointment, Wolfram MACHARIS
- Registered-office move, Rootweg 30, 9991 Maldegem
- Power of attorney, Tim Laureys
- Power of attorney, Dieter Aerts
1 director appointed, 2 resignationsResignations: Cédric Staumont and Fane Gashi · Appointment: Verhoeven Martine · General meeting of 31-12-20256 points ▸
- General meeting, 31-12-2025
- Director resignation, Cédric Staumont
- Director resignation, Fane Gashi
- Director appointment, Verhoeven Martine
- Power of attorney, J. Jordens bv
- Power of attorney, Serge Solau
Listed in the Peppol Directory
2025
Weakest financial year net -€66,564 The net result drops to -€66,564, the lowest from 2023 to 2025.
Annual accounts 2024 filed PDFabbreviated format · 47 days late
2024
Highest result from 2023 to 2025 net €10,341 ▲2,367% The operating result of €8,854 and the net result of €10,341 are both a record.
Annual accounts 2023 filed PDFabbreviated format · 100 days late
Registered office moved within Sint-Genesius-RodeNew registered office: Waterloosesteenweg 258-1640 Sint-Genesius-Rode · Previous registered office: Anemonenlaan 2-1640 Sint-Genesius-Rode · General meeting of 22-11-20232 points ▸
- General meeting, 22-11-2023
- Registered-office move, Waterloosesteenweg 258-1640 Sint-Genesius-Rode
2023
IncorporationFounders: STAUMONT Cédric and GASHI Fane · 2,000 shares · Appointments: STAUMONT Cédric (director) and GASHI Fane (director) · published on 06-07-20236 points ▸
- Founder, STAUMONT Cédric
- Founder, GASHI Fane
- 2,000 shares
- Registered office clause, Anemonenlaan 2, 1640 Sint-Genesius-Rode
- Director appointment, STAUMONT Cédric (director (not named in the articles))
- Director appointment, GASHI Fane (director (not named in the articles))
- The deed holds 4 more points.
First establishment Waterloose Steenweg 258, Sint-Genesius-Rode
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
CEFA PROPERTIES was incorporated on 4 July 2023 as a private limited company by two natural persons.12 The registered office moved to Sint-Genesius-Rode in 2024 and to Maldegem in 2026.34 The board currently has 2 members.5 Total assets fell from €923,067 in 2023 to €397,048 in 2025.6 On 20 October 2026 the company was declared bankrupt.7
Company details
Identity
- Enterprise number
- 0803.573.140
- VAT number
- BE 0803.573.140
- Peppol ID
- 0208:0803573140
- Other Peppol ID
- 9925:BE0803573140
- Legal form
- Private limited company
- Status
- In bankruptcy, since 20-10-2026
- Founded
- 04-07-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 20:00deed of 06-07-2023 (in Dutch)
- Peppol
- Listed since 21-05-2026The listing only disappears when the Peppol service provider removes it.
- Name
- CEFA PROPERTIES in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 06-07-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 06-07-2023 (in Dutch)
Activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle activiteiten in het vastgoeddomein in de brede zin, en namelijk de aankoop, de verkoop, de renovatie, de verbouwing, het bouwen, het…”deed of 06-07-2023 (in Dutch)
3 activities
- Alle activiteiten in het vastgoeddomein in de brede zin, en namelijk de aankoop, de verkoop, de renovatie, de verbouwing, het bouwen, het beheer, huren en verhuren, de verkaveling, de verdeling van alle bebouwde en onbebouwde onroerende goederen, alsook de promotie van onroerende goederen en het beheer van vastgoedprojecten in de ruime zin, de activiteiten van beroepsverkoper, de advisering over onroerend goed en vermogensbeheer, het beheer van alle andere vastgoedtransacties en van alle roerende en onroerende goederen, inclusief de ter beschikkingstelling van onroerende goederen aan bedrijfsmanagers en/of personeelsleden
- Alle handels-, industriële, burgerrechtelijke, en financiële activiteiten en alle onroerend en roerend goed activiteiten verrichten, die rechtstreeks of onrechtstreeks verband houden met haar doel of die kunnen bijdragen tot haar ontwikkeling
- Bij wijze van inbreng in speciën of in natura, fusie, inschrijving, deelneming, financiële tussenkomst of anderszins, belangen nemen in andere bestaande of op te richten vennootschappen of ondernemingen, in België of in het buitenland, waarvan het doel verwant of analoog is met het hare of van aard is haar doel te bevorderen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rootweg 30 registered office 9991 Maldegem | ||
| Waterloose Steenweg 258 1640 Sint-Genesius-Rode 46180 Agents specialised in the wholesale of other particular products | 04-07-2023 | 2.347.459.980 |
1 former office
- Waterloose Steenweg 258, 1640 Sint-Genesius-Rode until the deed of 04-09-2026
Buildings and parcels at the addresses
- Ground area
- 2.7 ha
- Buildings
- 55 m²
- Volume, LiDAR
- 171 m³
- Tallest building
- 11.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 43001H1192/00A000 | 2.5 ha | - | - |
| 22552E0043/00E045 | 2,213 m² | 1 · 55 m² | 11.6 m · 1 |