CF AVENUE

Inactive

KBO/BCE: BE 0654.880.850

CF AVENUE was declared bankrupt on 03-04-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 21-10-2025, published in the Belgian State Gazette on 16-12-2025.

No longer registered with the KBO; last annual accounts for fiscal year 2018.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

No filing for years

The last filed financial year closed on 30-06-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 2 filings

Position against the passed deadline

30-06-2019 close31-01-2020 deadline21-09-2026 today

Filed more than 90 days late

The financial year that closed on 30-06-2018 was due by 31-01-2019 and was filed on 08-06-2019, 128 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 2 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2018, micro schema

Equity

€-33k▼ 1,016%

2017 · €-3k

2017: €-3k

2017 → 2018

Total assets

€89k▼ 23.8%

2017 · €116k

2017: €116k

2017 → 2018

Net result

€-30k▼ 65.8%

2017 · €-18k

2017: €-18k

2017 → 2018

Working capital

€-90k▼ 46.1%

2017 · €-62k

2017: €-62k

2017 → 2018

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20172018Trend

Equity€-3k-€-33k▼ 1,016%

Operating result€-14k-€-25k▼ 77.5%

Net result€-18k-€-30k▼ 65.8%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €25k in 2018 against €14k in 2017; the loss grows.

Balance-sheet composition

2018 in colour, 2017 as the grey bar beneath

Assets €89k

92.9%

Fixed assets €82k▼ 12.0%

Current assets €6k▼ 72.2%

Key figures and ratios

2018 value · change against 2017

EBITDA

€-14k▼

2017 · €-1k

Cash flow

€-19k▼

2017 · €-5k

Solvency

-36.8%▼

2017 · -2.5%

Current ratio

0.07▼

2017 · 0.27

Quick ratio

0.07▼

2017 · 0.27

Debt / equity

-0.77▲

2017 · -11.92

ROA

-33.5%▼

2017 · -15.4%

Debt

€121k▲

2017 · €119k

Debt ≤ 1 year

€96k▲

2017 · €84k

Debt > 1 year

€25k▼

2017 · €35k

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 · 2018 against 2017

Balance sheet Code20172018

Assets

Total assets20/58€116k€89k▼

Fixed assets21/28€94k€82k▼

Tangible fixed assets22/27€94k€82k▼

Current assets29/58€23k€6k▼

Amounts receivable within one year40/41€23k€6k▼

Equity and liabilities

Total equity and liabilities10/49€116k€89k▼

Equity10/15€-3k€-33k▼

Contributions10/11€15k€15k=

Profit (loss) carried forward14€-18k€-48k▼

Amounts payable17/49€119k€121k▲

Amounts payable after more than one year17€35k€25k▼

Amounts payable within one year42/48€84k€96k▲

Trade debts44€23k€8k▼

Income statement Code20172018

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€11k▼

Gross operating margin9900€-574€1k▲

Operating profit (loss)9901€-14k€-25k▼

Recurring financial income75€50-

Recurring financial charges65€4k€4k▲

Profit (loss) for the period before taxes9903€-18k€-30k▼

Profit (loss) for the period9904€-18k€-30k▼

Profit (loss) for the period to be appropriated9905€-18k€-30k▼

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Timeline · acts, filings and financial milestones

All 4Signals 2Filings 2

2025

16-12

Bankruptcy Bankruptcy closure (by liquidation)

Tribunal de l’entreprise francophone de Bruxelles · CF AVENUE SRL SQUARE DE MEEUS 35, 1000 BRUXELLES. déclarée le 3 avril 2023 · event 21-10-2025

2023

11-04

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · CF AVENUE SRL SQUARE DE MEEUS 35, 1000 BRUXELLES · event 03-04-2023

2019

08-06

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 128 days late

2018

29-05

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 118 days late

SignalNBB filing

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

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.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	Catherine HERINCKX AVENUE DU CONGO 1, 1050 IXELLES ↔ Also on 175 other cases	03-04-2023 → present