Equity
CF Constructions has made a profit without a break since 2023.
CF Constructions has made a profit without a break since 2023.
The micro format states no turnover.
Debts rose by €338,848 in 2025.
In 2025, 2 people joined and 3 left.
Ten of the last ten came late. The 2022 accounts came latest: 70 days after the end of the period.
More equity than 93% of companies in construction of buildings. Sector median €45,749 · 10,174 companies.
In July 2024, 10,915 companies had the same profile as CF Constructions has now. Each dot stands for 28 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 10,915 companies, not a prediction for CF Constructions. 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.
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.
| Company | ||||
|---|---|---|---|---|
| CF Constructions Oudsbergen | €1.2m | €233,952 | 30.4% | - |
| Absolut Plus Hasselt | €1.2m | €228,851 | 63.0% | 0 |
| NedBel REALISATIE Mol | €1.3m | €232,337 | -13.1% | - |
| Laurent FABRY Constructions Nassogne | €1.1m | €224,230 | 32.7% | 2.6 |
| RJM CONSTRUCTION Molenbeek-Saint-Jean | €1.2m | €203,176 | 35.6% | - |
| BOUWWERKEN GIELEN Laakdal | €1.1m | €256,539 | 79.4% | - |
| ANDOMA CONSTRUCT Baelen | €1.1m | €246,529 | 37.8% | - |
These companies have the same main activity as CF Constructions: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.1m and €1.3m, founded between 2013 and 2015.
CF Constructions files the micro format. That format states no turnover. The gross margin rose from €79,713 in 2015 to €233,952 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €770,000. Estimated: probably between €530,000 and €1.2m.
Higher than 37% of 10,171 companies in 2025.
Higher than 41% of 9,881 companies in 2025.
Higher than 35% of 9,969 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 2 people joined and 3 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
1.2m | 817,773 | 632,688 | 639,495 | 649,260 | 550,728 | 418,611 | 183,008 | 97,811 | 252,555 | 504,266 | |
21/28 |
218,107 | 243,907 | 262,335 | 309,133 | 130,219 | 161,131 | 68,152 | 19,385 | 12,513 | 15,312 | 24,972 | |
22/27 |
217,825 | 243,625 | 262,053 | 308,451 | 129,537 | 160,449 | 67,470 | 18,785 | 11,913 | 14,712 | 24,372 | |
22 |
168,604 | 176,335 | 184,066 | 81,089 | - | - | - | - | - | - | - | |
23 |
13,084 | 26,495 | 44,296 | 53,464 | 68,456 | 76,796 | 3,060 | 6,381 | 8,175 | 11,981 | 18,662 | |
24 |
36,137 | 36,383 | 22,040 | 29,607 | 34,949 | 50,281 | 64,410 | 12,404 | 3,738 | 2,731 | 5,710 | |
25 |
- | 4,411 | 11,651 | 18,891 | 26,131 | - | - | - | - | - | - | |
27 |
- | - | - | 125,400 | - | - | - | - | - | - | - | |
28 |
282 | 282 | 282 | 682 | 682 | 682 | 682 | 600 | 600 | 600 | 600 | |
29/58 |
961,948 | 573,866 | 370,352 | 330,362 | 519,041 | 389,597 | 350,459 | 163,623 | 85,298 | 237,243 | 479,294 | |
3 |
684,759 | 410,822 | 73,671 | 112,618 | 261,571 | 314,084 | 221,604 | 46,875 | 12,969 | - | 403,753 | |
30/36 |
684,759 | 305,132 | 73,671 | 52,580 | 261,571 | 314,084 | 221,604 | 46,875 | 12,969 | - | 403,753 | |
37 |
- | 105,690 | - | 60,038 | - | - | - | - | - | - | - | |
40/41 |
181,019 | 23,825 | 59,764 | 152,891 | 186,805 | 51,170 | 64,864 | 89,127 | 21,781 | 37,917 | 30,693 | |
40 |
83,205 | 5,264 | 5,264 | 138,129 | 121,132 | - | 27,263 | 59,175 | 5,300 | 37,889 | 11,744 | |
41 |
97,813 | 18,561 | 54,500 | 14,763 | 65,672 | 51,170 | 37,601 | 29,952 | 16,481 | 28 | 18,949 | |
54/58 |
70,007 | 105,208 | 231,200 | 54,767 | 62,421 | 22,616 | 60,928 | 25,564 | 48,758 | 197,875 | 44,848 | |
490/1 |
26,163 | 34,011 | 5,717 | 10,085 | 8,245 | 1,728 | 3,064 | 2,058 | 1,791 | 1,450 | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
1.2m | 817,773 | 632,688 | 639,495 | 649,260 | 550,728 | 418,611 | 183,008 | 97,811 | 252,555 | 504,266 | |
10/15 |
359,089 | 335,655 | 286,174 | 170,784 | 230,844 | 154,544 | 102,071 | 81,706 | 40,447 | 9,482 | 70,578 | |
10/11 |
50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | |
100 |
- | - | - | - | - | - | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | |
13 |
309,089 | 285,655 | 236,174 | 120,784 | 180,844 | 104,544 | 52,071 | 31,706 | 20,578 | 20,578 | 20,578 | |
130/1 |
- | - | - | - | 5,000 | 5,000 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
1311 |
- | - | - | - | 5,000 | 5,000 | - | - | - | - | - | |
133 |
309,089 | 285,655 | 236,174 | 120,784 | 175,844 | 99,544 | 47,071 | 26,706 | 15,578 | 15,578 | 15,578 | |
14 |
- | - | - | - | - | - | - | - | -30,131 | -61,096 | - | |
17/49 |
820,966 | 482,118 | 346,514 | 468,711 | 418,416 | 396,184 | 316,540 | 101,302 | 57,364 | 243,073 | 433,688 | |
17 |
146,883 | 164,069 | 189,601 | 127,149 | 140,235 | 164,501 | 87,165 | - | - | - | - | |
170/4 |
146,883 | 164,069 | 189,601 | 127,149 | 140,235 | 164,501 | 87,165 | - | - | - | - | |
42/48 |
671,426 | 314,818 | 154,673 | 329,789 | 265,823 | 230,565 | 221,596 | 100,054 | 57,364 | 243,073 | 433,229 | |
42 |
17,186 | 25,532 | 24,071 | 21,595 | 24,835 | 23,981 | 11,423 | - | - | - | - | |
43 |
479,207 | 174,000 | - | - | 170,006 | 160,000 | 111,165 | - | - | - | 338,978 | |
430/8 |
479,207 | 174,000 | - | - | 170,006 | 160,000 | 111,165 | - | - | - | 338,978 | |
44 |
141,802 | 56,188 | 87,919 | 205,596 | 39,734 | 24,163 | 82,173 | 51,626 | 8,958 | 28,924 | 45,321 | |
440/4 |
141,802 | 56,188 | 87,919 | 205,596 | 39,734 | 24,163 | 82,173 | 51,626 | 8,958 | 28,924 | 45,321 | |
45 |
27,967 | 25,492 | 16,530 | 55,351 | 29,438 | 17,040 | 10,176 | 7,497 | 24,302 | 124,590 | 10,757 | |
450/3 |
17,409 | 7,669 | 5,110 | 50,329 | 15,181 | 11,215 | 4,210 | 1,459 | 17,595 | 120,789 | 9,629 | |
454/9 |
10,558 | 17,824 | 11,420 | 5,022 | 14,257 | 5,825 | 5,967 | 6,038 | 6,707 | 3,801 | 1,128 | |
47/48 |
5,265 | 33,605 | 26,154 | 47,246 | 1,810 | 5,381 | 6,659 | 40,930 | 24,104 | 89,558 | 38,173 | |
492/3 |
2,657 | 3,232 | 2,239 | 11,774 | 12,359 | 1,118 | 7,779 | 1,248 | - | - | 459 | |
| Income statement | ||||||||||||
76A |
1,019 | - | - | - | 7,000 | 11,220 | 9,421 | - | - | - | - | |
9900 |
233,952 | 274,503 | 289,631 | 126,853 | 256,735 | 173,942 | 123,944 | 146,031 | 86,272 | -8,707 | 79,713 | |
62 |
134,246 | 154,038 | 121,616 | 131,114 | 109,304 | 82,800 | 68,053 | 87,838 | 41,042 | 26,241 | 34,549 | |
630 |
35,434 | 40,029 | 49,205 | 42,732 | 42,854 | 24,068 | 22,071 | 8,331 | 12,320 | 10,860 | 11,505 | |
640/8 |
2,445 | 6,380 | 5,155 | 3,835 | 1,294 | 1,149 | 1,163 | 2,987 | 1,031 | 1,022 | 2,805 | |
66A |
754 | 3,102 | - | 1,131 | - | - | - | - | - | - | - | |
9901 |
61,074 | 70,953 | 113,655 | -51,959 | 103,282 | 65,925 | 32,658 | 46,876 | 31,878 | -46,830 | 30,854 | |
75/76B |
4,346 | 4,987 | 15,979 | 4,046 | 1,526 | 2 | 388 | 1,395 | 579 | 580 | 2,721 | |
75 |
4,346 | 4,987 | 3,368 | 4,046 | 1,526 | 2 | 388 | 697 | 579 | 279 | 2,721 | |
76B |
- | - | 12,612 | - | - | - | - | 698 | - | 300 | - | |
65/66B |
31,894 | 10,427 | 10,045 | 11,968 | 8,092 | 6,431 | 2,879 | 1,485 | 581 | 14,724 | 3,577 | |
65 |
31,894 | 10,092 | 10,045 | 11,968 | 8,092 | 5,431 | 1,755 | 252 | 581 | 14,724 | 3,577 | |
66B |
- | 335 | - | - | - | 1,000 | 1,125 | 1,233 | - | - | - | |
9903 |
33,526 | 65,514 | 119,590 | -59,881 | 96,716 | 59,496 | 30,167 | 46,786 | 31,877 | -60,974 | 29,998 | |
67/77 |
10,091 | 16,033 | 4,200 | 179 | 20,416 | 7,023 | 9,802 | 5,526 | 912 | 122 | 9,420 | |
9904 |
23,434 | 49,481 | 115,390 | -60,060 | 76,300 | 52,473 | 20,365 | 41,260 | 30,965 | -61,096 | 20,578 | |
9905 |
23,434 | 49,481 | 115,390 | -60,060 | 76,300 | 52,473 | 20,365 | 41,260 | 30,965 | -61,096 | 20,578 | |
| Appropriation of the result | ||||||||||||
9906 |
23,434 | 49,481 | 115,390 | -60,060 | 76,300 | 52,473 | 20,365 | 11,129 | -30,131 | -61,096 | 20,578 | |
791/2 |
- | - | - | 60,060 | - | - | - | - | - | - | - | |
691/2 |
23,434 | 49,481 | 115,390 | - | 76,300 | 52,473 | 20,365 | 11,129 | - | - | 20,578 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 5,000 | |
6921 |
23,434 | 49,481 | 115,390 | - | 76,300 | 52,473 | 20,365 | 11,129 | - | - | 15,578 | |
| Social balance sheet | ||||||||||||
9087 |
2.3 | 3 | 2.2 | 2.7 | 2.6 | 2 | 2 | 2.5 | 1.3 | 1 | 1 | |
Hours worked1013 |
2,953 | 3,568 | 2,630 | 3,491 | 3,273 | 2,322 | 2,103 | 2,952 | 1,295 | 857 | 1,152 | |
| Document | ||||||||||||
The notes to these accounts have 9 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 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00472868.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00472868 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00435074 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00404272 | |
| 31-12-2022 | micro format | 09-10-2023 | 2023-00479855 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20364209 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-59100195 | |
| 31-12-2019 | micro format | 04-09-2020 | 2020-51000038 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56700463 | |
| 31-12-2017 | micro format | 17-08-2018 | 2018-46400086 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-54600548 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-51000324 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 96,508 | 110,982 | 162,860 | -9,227 | 146,136 | 89,993 | 54,729 | 55,207 | 44,198 | -35,969 | 42,359 | ||
| 58,868 | 89,510 | 164,595 | -17,328 | 119,154 | 76,541 | 42,436 | 49,590 | 43,285 | -50,235 | 32,083 | ||
| 15,300 | 61,703 | 100,195 | 221,647 | 11,942 | 151,532 | 73,285 | 25,571 | 9,521 | 1,200 | 36,477 | ||
| -35,201 | -125,992 | 176,433 | -7,654 | 39,805 | -38,312 | 35,364 | -23,194 | -149,118 | 153,028 | - | ||
| 290,522 | 259,049 | 215,679 | 573 | 253,218 | 159,032 | 128,863 | 63,569 | 27,934 | -5,830 | 46,065 | ||
| 30.4% | 41.0% | 45.2% | 26.7% | 35.6% | 28.1% | 24.4% | 44.6% | 41.4% | 3.8% | 14.0% | ||
| 1.43 | 1.82 | 2.39 | 1.00 | 1.95 | 1.69 | 1.58 | 1.64 | 1.49 | 0.98 | 1.11 | ||
| 0.41 | 0.52 | 1.92 | 0.66 | 0.97 | 0.33 | 0.58 | 1.17 | 1.26 | 0.98 | 0.17 | ||
| 2.29 | 1.44 | 1.21 | 2.74 | 1.81 | 2.56 | 3.10 | 1.24 | 1.42 | 25.64 | 6.14 | ||
| 6.5% | 14.7% | 40.3% | -35.2% | 33.1% | 34.0% | 20.0% | 50.5% | 76.6% | -644.3% | 29.2% | ||
| 2.0% | 6.1% | 18.2% | -9.4% | 11.8% | 9.5% | 4.9% | 22.5% | 31.7% | -24.2% | 4.1% | ||
| 3.03 | 11.00 | 16.21 | -0.77 | 18.06 | - | - | - | - | - | - |
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 3 | 3 | 2 | 3 |
| full-time | 2 | 2 | 2 | 2 | 3 |
| part-time | - | 1 | 1 | - | - |
| in full-time equivalents | 2 | 2.8 | 2.8 | 2 | 3 |
| 2.3 | 3 | 2.2 | 2.7 | 2.6 | |
| On a permanent contract | 2 | 3 | 3 | 2 | 3 |
| Joined | 2 | 1 | 2 | 0 | 2 |
| Left | 3 | 1 | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €15,300 | €61,703 | €100,195 | €221,647 | €11,942 |
| €35,434 | €40,029 | €49,205 | €42,732 | €42,854 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 14% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 59.0% to 69.6%. Equity and debt are higher.
CF Constructions has no parent and no holdings in its annual accounts. is the only director.
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Weg naar Meeuwen 6 A registered office 3660 Oudsbergen | ||
| Weg naar Meeuwen 6 3660 Oudsbergen | 08-12-2014 | 2.238.019.137 |
| 27-01-2025 | Granted | Bouwen of herbouwen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen; Verwijderen van vrijstaande gebouwen submitted 07-10-2024 · project 2024084332 | Oudsbergen |
| 08-01-2024 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Ontbossen submitted 20-09-2023 · project 2023124392 | Oudsbergen |
| 19-06-2023 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Ontbossen submitted 02-03-2023 · project 2023024124 | Oudsbergen |
| 17-08-2020 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen submitted 26-05-2020 · project 2020063513 | Oudsbergen |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71562B0904/00W052 | 422 m² | 1 · 86 m² | 6.7 m · 2 |
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 0506.643.668
If something looks wrong or is missing, please tell us.