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CF Logo

Active
Private limited companyfounded 2024active for 2 yearsChaussée Verte 5, 4470 Saint-Georges-sur-Meuse, BelgiumKBO/BCE: BE 1013.545.377
Summary

CF Logo has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,811 and a net result of €34,811. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 13-09-2024 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.363.755.485 4470 Saint-Georges-sur-Meuse, since 13-09-2024
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€50,911
Turnover
≈ €150,000
estimated
Profit
€34,811
Equity
€34,811
Total assets
€39,297
Score breakdownraises riskFounded in 2024No main activity registeredlowers riskLiquidity: current ratio 7.70, cash €29,348Equity €34,811 (88.6% of total assets)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 87% of micro companies without a NACE code
Financial strength
Strong
Solvency 100
equity 88.6% of total assets
Liquidity 99
short-term debt 11.1% · cash 74.7%
Profitability 100
return on assets 88.6%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 10-2025: 2.4% 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.5%▲ +0.1 percentage points vs 11-2025 01-2026: 3.0%▲ +0.5 percentage points vs 12-2025 02-2026: 3.1%▲ +0.1 percentage points vs 01-2026 03-2026: 3.3%▲ +0.2 percentage points vs 02-2026 04-2026: 3.6%▲ +0.3 percentage points vs 03-2026highest value 05-2026: 3.6%● unchanged vs 04-2026highest value 06-2026: 3.5%▼ -0.1 percentage points vs 05-2026 07-2026: 3.4%▼ -0.1 percentage points vs 06-2026 08-2026: 0.6%▼ -2.8 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.8%▲ +0.2 percentage points vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.7, above the usual 1.5. Short-term debt is 11.1% and cash 74.7% of total assets. 11.4% of the assets are financed with debt and provisions.
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 (no NACE code, micro). It does better than 81% of them on solvency, 90% on liquidity and 90% on profitability.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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 riskneutral
lowers risk · Liquidity: current ratio 7.70, cash €29,348
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · No main activity registered
KBO
lowers risk · Equity €34,811 (88.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 day early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 30-07-2026 at the NBB

Turnover
≈ €150,000
Estimated: probably between €100,000 and €260,000
Total assets
€39,297
Net result
€34,811
Working capital
€29,160

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €39,297
Fixed assets €5,782
Current assets €33,515
Equity and liabilities €39,297
Equity €34,811
Debt €4,486
Debt's share of the balance-sheet total is 11.4%.
Key figures and ratios
2025 value
EBITDA
€46,547
Cash flow
€35,520
Current ratio
7.70
Debt to equity
0.13
ROE
100.0%
ROA
88.6%
Interest coverage
35.57
Debt ≤ 1 year
€4,355
Debt > 1 year
€131
Income taxes
€9,735

Investments

fixed assets acquired
Item2025
Tangible fixed assets€23,441
Depreciation and write-downs of the year€709

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€39,297
Fixed assets21/28€5,782
Tangible fixed assets22/27€5,782
Plant, machinery and equipment23€4,650
Furniture and vehicles24€1,132
Current assets29/58€33,515
Amounts receivable within one year40/41€3,336
Trade receivables40€69
Other amounts receivable41€3,267
Cash at bank and in hand54/58€29,348
Deferred charges and accrued income490/1€830
Equity and liabilities
Total equity and liabilities10/49€39,297
Equity10/15€34,811
Profit (loss) carried forward14€34,811
Amounts payable17/49€4,486
Amounts payable after more than one year17€131
Financial debts170/4€131
Amounts payable within one year42/48€4,355
Current portion of amounts payable after more than one year42€1,531
Trade debts44€274
Suppliers440/4€274
Taxes, remuneration and social security45€2,550
Taxes450/3€550
Remuneration and social security454/9€2,000
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€709
Other operating charges640/8€414
Non-recurring operating charges66A€3,950
Gross operating margin9900€50,911
Operating profit (loss)9901€45,838
Financial income75/76B€16
Recurring financial income75€16
Financial charges65/66B€1,309
Recurring financial charges65€1,309
Profit (loss) for the period before taxes9903€44,546
Income taxes67/77€9,735
Profit (loss) for the period9904€34,811
Profit (loss) for the period to be appropriated9905€34,811
Appropriation of the result
Profit (loss) to be appropriated9906€34,811

The notes to these accounts have 6 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 30-07-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€709
Other operating charges640/8€414
Non-recurring operating charges66A€3,950
Gross operating margin9900€50,911
Operating profit (loss)9901€45,838
Financial income75/76B€16
Recurring financial income75€16
Financial charges65/66B€1,309
Recurring financial charges65€1,309
Profit (loss) for the period before taxes9903€44,546
Income taxes67/77€9,735
Profit (loss) for the period9904€34,811
Profit (loss) for the period to be appropriated9905€34,811
Line2025
Assets
Total assets20/58€39,297
Fixed assets21/28€5,782
Tangible fixed assets22/27€5,782
Plant, machinery and equipment23€4,650
Furniture and vehicles24€1,132
Current assets29/58€33,515
Amounts receivable within one year40/41€3,336
Trade receivables40€69
Other amounts receivable41€3,267
Cash at bank and in hand54/58€29,348
Deferred charges and accrued income490/1€830
Equity and liabilities
Total equity and liabilities10/49€39,297
Equity10/15€34,811
Profit (loss) carried forward14€34,811
Amounts payable17/49€4,486
Amounts payable after more than one year17€131
Financial debts170/4€131
Amounts payable within one year42/48€4,355
Current portion of amounts payable after more than one year42€1,531
Trade debts44€274
Suppliers440/4€274
Taxes, remuneration and social security45€2,550
Taxes450/3€550
Remuneration and social security454/9€2,000
Line2025
Profit (loss) for the period9904€34,811
+ Depreciation and write-downs630€709
Operating cash flow (approximation)€35,520

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as CF Logo has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.8% was still going
2.3% stopped otherwise
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 Logo itself: 0.8% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 Logo. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 30-07-2026 2026-00355652 PDF

Board & ownership

Directors

Directors
2 directors, no change since 2024
FRESON Coralie Sabine Jean
Administrateur unique statutaire · since 12-09-2024 · term without a fixed end
Current
LUSI Romano
Remplaçant de l’administrateur statutaire unique · appointed in the act of 17-09-2024 · term without a fixed end
Current

Owners and capital

Shareholders

At incorporation act of 17-09-2024 ↗

Capital transactions

Capital over time
  1. 17-09-2024 Incorporation · €3,000 · 100 shares

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
FRESON Coralie Sabine Jean
  • Administrateur unique statutaire, from 12-09-2024 to date
LUSI Romano
  • Remplaçant de l’administrateur statutaire unique, appointed in the act of 17-09-2024, still in office
See the board, name and registered office on a given date →

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Révocation pour justes motifs, à l’unanimité des voix de l’assemblée générale des actionnaires”

Capital, shares and profit

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Nominatives, 100”

Audit, dissolution and liquidation

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
No statutory auditor
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, quelque cause et moment”

Articles of association, deed of 17-09-2024 (in French)

Network & group

CF Logo shares no director with another company.

Companies at the same address

1 other company

Connections & network

2 current directors
Depth

The network starts from the directors of CF Logo. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
30-07
NBB filing Annual accounts 2025 filedNBB
micro format · 1 day before the deadline
2024
17-09
Gazette deed Incorporation
Starting capital €3,000 · Appointments: FRESON Coralie Sabine Jean (administrateur unique statutaire) and LUSI Romano (remplaçant de l’administrateur statutaire unique) · Founder10 points ▸
  • Incorporation, 12-09-2024
  • Founder, FRESON Coralie Sabine Jean (comparante)
  • Founding capital, €3,000
  • Other provision, 09-09-2024
  • Bank account, “société en formation”, EUR (deed in French)
  • Other provision, “disponibilité et suffisance des capitaux propres”, EUR (deed in French)
  • Director appointment, FRESON Coralie Sabine Jean (administrateur unique statutaire)
  • Director appointment, LUSI Romano (remplaçant de l’administrateur statutaire unique)
  • Registered office clause, “Chaussée Verte,5 à 4470 Saint-Georges-sur-Meuse” (deed in French)
  • Pre-incorporation commitments, “takeover, tous engagements obligations résultantes et activités entreprises par fondateur au nom et pour compte société en formation” (deed in French)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name CF Logo in French
Enterprise number 1013.545.377
LEI code 648800YP4QSPXRPINY24 live in the LEI register
Legal form Private limited company
Status Active, normale toestand
Founded 13-09-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-09-2024 (in French)
Name clauseThe company operates under this name according to its articles.
CF Logo
deed of 17-09-2024 (in French)

Registered office and establishments

Registered office Chaussée Verte 5, 4470 Saint-Georges-sur-Meuse, Belgium
Establishment unit CF Logo, Chaussée Verte 5, 4470 Saint-Georges-sur-Meuse since 13-09-2024 · unit number 2.363.755.48586951 Physiotherapy

Invoicing and payment

VAT number BE 1013.545.377
E-invoicing via Peppol
Not found in the Peppol Directory

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Invoicing without a Peppol listing

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Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
1,082 m²
Building footprint
80 m²
Building volume
512 m³
Cadastral parcel Region Area Buildings Height / floors
64065C1496/00H000 Wallonia 1,082 m² 1 · 80 m² 7.7 m · 2