Turnover
≈ €200,000 estimated
The micro format states no turnover.
CF CONSTRUCT
Overview
Lifetime
1 annual account with figurespeak €19,996 (2025)
€19,996
peak €19,894 (2025)
€19,894
peak €20,894 (2025)
€20,894
€9,847
Board1 name since 2024
1 directorFILICE Alessio
Documentsfilings and deeds
05-02-20265 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€1,000 100 shares
2025 accounts filed 5 days after the deadline
Checked score
55
Fair
Financially stronger than 66% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 1.9%lowest value
04-2025: 1.9%● unchanged vs 03-2025lowest value
05-2025: 2.0%▲ +0.1 percentage points vs 04-2025
06-2025: 2.3%▲ +0.3 percentage points vs 05-2025
07-2025: 2.4%▲ +0.1 percentage points vs 06-2025
08-2025: 2.7%▲ +0.3 percentage points vs 07-2025
09-2025: 2.7%● unchanged vs 08-2025
10-2025: 3.0%▲ +0.3 percentage points vs 09-2025
11-2025: 2.9%▼ -0.1 percentage points vs 10-2025
12-2025: 2.9%● unchanged vs 11-2025
01-2026: 3.2%▲ +0.3 percentage points vs 12-2025
02-2026: 3.3%▲ +0.1 percentage points vs 01-2026highest value
03-2026: 2.1%▼ -1.2 percentage points vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.1%● unchanged vs 04-2026
06-2026: 2.1%● unchanged vs 05-2026
07-2026: 2.1%● unchanged vs 06-2026
08-2026: 2.0%▼ -0.1 percentage points vs 07-2026
09-2026: 2.1%▲ +0.1 percentage points vs 08-2026
10-2026: 1.9%▼ -0.2 percentage points vs 09-2026
11-2026: 1.9%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €30,741
Sector: Specialised construction activities (NACE 43)
lowers risk
Equity €20,894 (68.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 74% of them on solvency, 32% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as CF CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CF CONSTRUCT itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for CF CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.12, above the usual 1.5. Short-term debt is 32% and cash 4.9% of total assets. 32% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 5 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
5 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1006352135
Incorporation
Founding capital of €1,000, 100 shares · Founder: FILICE Alessio · Appointment: FILICE Alessio (director) · published on 27-02-2024 · Gazette deed
First establishment
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CF CONSTRUCT Ternat | €30,741 | €19,996 | 68.0% | - |
| PGG CONSTRUCT Aartselaar | €28,366 | €23,025 | 65.7% | - |
| Totaalrenovatie Vermeulen Menen | €48,764 | €17,932 | 26.7% | - |
| Zonen Montage Antwerp | €39,064 | €26,885 | 45.8% | - |
| CC RENOVATION Wemmel | €45,209 | €22,522 | 31.1% | - |
| LUXURY LION Wezembeek-Oppem | €31,516 | €41,675 | -16.0% | - |
| PERSPOLIS-IR Ghent | €35,394 | €26,295 | 76.1% | - |
These companies have the same main activity as CF CONSTRUCT: demolition (NACE 43110). They are comparable in size and age: total assets between €28,400 and €48,800, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 23-02-2024Normal situation
- Registered office
- 138 active companies are registered at this address36 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- DemolitionNACE 43110and 5 others
- Establishment unit
- 2.358.037.336since 23-02-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 29-12-2025
Insights on CF CONSTRUCT
The computed 12-month bankruptcy probability of CF CONSTRUCT is 1.9% (moderate). The 2025 annual accounts show equity of €20,894 and a net result of €19,894.
Its solvency ranks better than 73% of 35,125 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 05-02-2026, 5 days late€19,996
€19,996
€19,894
€20,894
68.0%
3.12
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €88,000 and €340,000.
Balance sheet
balance sheet total €30,741 on 30-06-2025What the company ownsHow it is paid for
Position in the sector
68.0%
Higher than 73% of 35,125 companies in 2025.
3.12
Higher than 72% of 34,499 companies in 2025.
64.7%
Higher than 95% of 34,700 companies in 2025.
CF CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
30,741 | |
29/58 |
30,741 | |
40/41 |
29,242 | |
40 |
28,936 | |
41 |
306 | |
54/58 |
1,499 | |
| Balance sheet: equity and liabilities | ||
10/49 |
30,741 | |
10/15 |
20,894 | |
10/11 |
1,000 | |
10 |
1,000 | |
100 |
1,000 | |
14 |
19,894 | |
17/49 |
9,847 | |
42/48 |
9,847 | |
44 |
3,858 | |
440/4 |
3,858 | |
47/48 |
5,989 | |
| Income statement | ||
9900 |
19,996 | |
9901 |
19,996 | |
65/66B |
102 | |
65 |
102 | |
9903 |
19,894 | |
9904 |
19,894 | |
9905 |
19,894 | |
| Appropriation of the result | ||
9906 |
19,894 | |
| Document | ||
Source: Annual accounts 2025 (PDF), filed on 05-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 5 days after the deadline. Filed on 5 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00033152.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 05-02-2026 | 2026-00033152 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 20,894 | ||
| 68.0% | ||
| 3.12 | ||
| 0.47 | ||
| 95.2% | ||
| 64.7% |
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.
Insights on CF CONSTRUCT
Debt's share of the balance-sheet total is 32.0%.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 27-02-2024
Mandates through the years
1 name, the dashed line is todayFILICE Alessio
Director
Director
Board
Mandates as a list
- FILICE Alessio
- Director, appointed by deed of 27-02-2024, still in office
Control
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €209 in 2025
- Source
- deed of 27-02-2024
Articles of association
deed of 27-02-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s),naar rato aantal bij meerdere, schriftelijk bevestigend of ontkennend binnen vijftien dagen,onthouding…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of December at 15:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 27-02-2024 ↗
- FILICE Alessio 100 shares (100%) · €1,000
Network & group
No group
CF CONSTRUCT has no parent and no holdings in its annual accounts. FILICE Alessio is the only director. CF CONSTRUCT shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed PDFmicro format · 5 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1006352135
2024
IncorporationFounding capital of €1,000, 100 shares · Founder: FILICE Alessio · Appointment: FILICE Alessio (director) · published on 27-02-20245 points ▸
- Founder, FILICE Alessio
- Founding capital, €1,000, 100 shares
- Registered office clause, Assesteenweg 116A, 1740 Ternat
- Board rule, 1
- Director appointment, FILICE Alessio
- The deed holds 2 more points.
First establishment
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1006.352.135
- VAT number
- BE 1006.352.135
- Peppol ID
- 0208:1006352135
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-02-2024
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of December at 15:00deed of 27-02-2024 (in Dutch)
- Peppol
- Reachable since 29-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CF CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-02-2024 (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 of Brussels Hoofdstedelijk Gewest”deed of 27-02-2024 (in Dutch)
Activities
NACEBEL 202543110
Demolition main activity
43221
Plumbing work
43230
Insulation installation
Codes under NACEBEL 2008
43110
Demolition main activity
43211
Specialised construction activities
43221
Plumbing
43291
Specialised construction activities
43390
Specialised construction activities
43999
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitbaten van garages met onderhoudsmogelijkheden en afsleepbedrijven; Onderhoud en reparatie van motorvoertuigen; Reparatie van auto's…”deed of 27-02-2024 (in Dutch)
62 activities
- Het uitbaten van garages met onderhoudsmogelijkheden en afsleepbedrijven;
- Onderhoud en reparatie van motorvoertuigen;
- Reparatie van auto's: reparatie van de mechanische onderdelen en van de elektrische installatie;
- Sloop van motorvoertuigen;
- Slepen van auto's en de hulpverlening bij pech onderweg;
- De invoer,de uitvoer,de aankoop en de verkoop van tweedehands motorvoertuigen;
- De invoer,de uitvoer,de aankoop en de verkoop van onderdelen en accessoires van motorvoertuigen;
- Het uitbaten van pizzeria’s,van sandwichbars,van restaurants,van taverne-restaurants of caférestaurants,van autowegrestaurants,van cafetaria’s,van snackbars,van pannenkoekenhuizen,van tearooms,van ijssalons,van hamburgerrestaurants,van driverestaurants,van frietkramen,van hotdogkramen,van wafel-en pannenkoekenkramen,van cafés,van tavernen en van bars;
- E-commerce;
- De verkoop van telefoon- en communicatieapparatuur;
- De verkoop van smartphones en gsm's,van tablets,van accessoires,van abonnementen,van herlaadkaarten,van internetaanbod,;
- Het ontwerpen van boekhoudsystemen,programma's voor de kostenberekening en procedures voor de begrotingscontrole;
- Het verlenen van adviezen en richtsnoeren aan ondernemingen en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,informatie op het gebied van beheer,enz.
- Consultancy (advies op het gebied van bedrijfsbeheer);
- Alle activiteiten die direct of indirect verband houden met goederenvervoer per spoor,goederenvervoer over de weg en verhuisbedrijven,goederenvervoer over zee- en kustwateren,goederenvervoer over binnenwateren,goederenvervoer door de lucht (nationaal en internationaal);
- Alle activiteiten die direct of indirect verband houden met personenvervoer per spoor,personenvervoer over zee- en kustwateren,personenvervoer over binnenwateren,personenvervoer door de lucht,personenvervoer te land (nationaal en internationaal);
- De bezoldigde vervoerdiensten van personen;
- De verhuur van personenauto’s met en zonder chauffeur;
- Het vervoer van personen met taxi’s;
- Het stedelijk en voorstedelijk personenvervoer te land met diverse transportmiddelen zoals autobus of autocar,tram,trolleybus,ondergrondse en bovengrondse treinen,…;
- De exploitatie van pendeldiensten van en naar luchthavens en spoorwegstations;
- Overig personenvervoer te land;
- De invoer,de uitvoer,de aankoop en de verkoop van alle voedingsmiddelen zoals aardappelen,groenten (vers of geconserveerd),fruiten (vers of geconserveerd); vlees,vleeswaren,gevogelte,wild,zuivelproducten (melk,boter,kaas),eieren,plantaardige en dierlijke spijsoliën,dranken,suiker,chocolade,suikerwerk,koffie,thee,cacao,specerijen,vissen,schaaldieren,weekdieren,meel,rijst,macaroni,noedels,koeskoes en dergelijke deegwaren,confituur,ijzen,honing,bereide maaltijden;
- De organisatie,de promotie en/of het beheer van evenementen zoals salons,tentoonstellingen,commerciële beurzen,congressen,conferenties en seminaries;
- De invoer,de uitvoer,de aankoop en de verkoop van sigaren,sigaretten,pijptabak;
- Expresslevering en koerierdienst;
- Het uitbaten van een car-wash;
- Het wassen,poetsen,polieren,simoniseren en het reinigen van het interieur van motorvoertuigen;
- Het uitbaten van service stations voor alle brandstoffen;
- Alle activiteiten in verband met “huishoudelijke aard” zoals schoonmaken van de woning met inbegrip van de ramen,wassen en strijken,kleine occasionele naaiwerken,bereiden van maaltijden,boodschappendienst,begeleid vervoer van personen met beperkte mobiliteit,strijken met inbegrip van verstelwerk van het te strijken linnen;
- De invoer,de uitvoer,de aankoop en de verkoop van textiel;
- De invoer,de uitvoer,de aankoop en de verkoop van textielgrondstoffen;
- De vervaardiging van textiel;
- De textielveredeling;
- De vervaardiging van andere textielproducten;
- De invoer,de uitvoer,de aankoop en de verkoop van huishoudtextiel en beddengoed;
- De invoer,de uitvoer,de aankoop en de verkoop van kleding voor dames,heren en kinderen,van weefsels,brei- en haakwerk en gebonden textielvlies,met inbegrip van maatkleding;
- De invoer,de uitvoer,de aankoop en de verkoop van kledingaccessoires;
- De handel in kleding via het internet;
- De invoer,de uitvoer,de aankoop en de verkoop van horloges en uurwerken,artikelen van edele metalen en sieraden;
- De invoer,de uitvoer,de aankoop en de verkoop van schoenen en tassen en ledenartikels;
- De invoer,de uitvoer,de aankoop en de verkoop van juwelen;
- De invoer,de uitvoer,de aankoop en de verkoop van elektrische huishoudelijke apparaten,van audio- en videoapparatuur,van opgenomen beeld- en geluidsdragers,van foto- en filmapparatuur en optische artikelen;
- De invoer,de uitvoer,de aankoop en de verkoop van kranten,boeken en tijdschriften,de verkoop van loterijbiljetten;
- De invoer,de uitvoer de aankoop en de verkoop van bloemen en planten;
- De invoer,de uitvoer,de aankoop en de verkoop van schoenen;
- De invoer,de uitvoer,de aankoop en de verkoop van parfums en cosmetica;
- De invoer,de uitvoer,de aankoop en de verkoop van huismeubilair,tapijten en verlichtingsapparatuur;
- De invoer,de uitvoer,de aankoop en de verkoop van kantoormeubelen;
- Het uitbaten van wassalons;
- De aankoop,de verkoop en de verhuur van onroerende goederen;
- Het uitbaten van een kapsalon;
- Het wassen,knippen,verven,kleuren,golven,ontkrullen en dergelijke van haar bij mannen,vrouwen en kinderen;
- Het scheren en het knippen van baarden;
- De verkoop van shampoo en van haarverzorgingsproducten;
- Algemene onderneming;
- De algemene bouw van alle soorten residentiële gebouwen,inclusief volgens de formule “sleutel op de deur” van eengezinswoningen,appartementen en wolkenkrabbers;
- De algemene bouw van kantoorgebouwen;
- De algemene bouw van andere soorten niet-residentiële gebouwen;
- Het verbouwen of renoveren van bestaande residentiële gebouwen en van bestaande kantoorgebouwen;
- Dakwerken in het algemeen;
- Renovatie en werken in de bouwsector,in het algemeen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Assesteenweg 116A registered office 1740 Ternat | ||
| CF CONSTRUCT | 23-02-2024 | 2.358.037.336 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1006.352.135