Cf-Tech
ActiveSummary
Cf-Tech has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €381,964 and a net result of €100,364. Equity has been growing by about 34% per year since 2019. Its solvency ranks better than 55% of 3,306 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-09-2017 Normal situation
- Activity
- Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles NACE 95220
- Establishment unit
- 2.267.964.522 8800 Roeselare, since 06-09-2017
- Financial year end
- 30 June
- Peppol
- Reachable since 01-01-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €190,975
- ▲ 5.0%
- Turnover
- ≈ €580,000
- estimated
- Profit
- €100,364
- ▲ 24.8%
- Equity
- €381,964
- ▲ 35.6%
- Total assets
- €879,500
- ▲ 4.7%
- 2025 accounts filed 1 day after the deadline
Score breakdownraises riskSector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskLiquidity: current ratio 2.81, cash €307,397Figures for financial year 2025 (filed on 01-02-2026)Size: total assets €879,500Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 95, micro). It does better than 54% of them on solvency, 90% on liquidity, 69% on profitability and 80% on growth.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 1 day after the deadline Filed on 1 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00025105.
Annual accounts 2025 filed on 01-02-2026 PDF all 8 filings
Every figure per financial year
The operating result for 2025 is 21% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €18,549 | €28,000 | €182,632 | €1,196 |
| Depreciation and write-downs of the year | €37,966 | €33,989 | €60,854 | €46,855 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,676 | €25,527 | €43,969 | €37,966 | €33,989 | €60,854 | €46,855 | ▼ 23.0% |
| Other operating charges640/8 | - | - | - | €4,907 | €2,255 | €7,295 | €6,358 | ▼ 12.9% |
| Non-recurring operating charges66A | - | - | - | €1,331 | - | - | - | - |
| Gross operating margin9900 | €67,186 | €69,697 | €81,592 | €137,543 | €108,281 | €181,956 | €190,975 | ▲ 5.0% |
| Operating profit (loss)9901 | €25,098 | €43,922 | €34,933 | €93,339 | €72,037 | €113,807 | €137,762 | ▲ 21.0% |
| Financial income75/76B | - | - | - | €63 | €113 | €50 | €789 | ▲ 16× |
| Recurring financial income75 | €634 | €1,475 | €30 | €63 | €113 | €50 | €789 | ▲ 16× |
| Financial charges65/66B | - | - | - | €7,706 | €6,039 | €9,804 | €11,008 | ▲ 12.3% |
| Recurring financial charges65 | €3,147 | €5,337 | €7,829 | €7,706 | €6,039 | €9,804 | €11,008 | ▲ 12.3% |
| Profit (loss) for the period before taxes9903 | €22,586 | €40,060 | €27,134 | €85,696 | €66,111 | €104,053 | €127,543 | ▲ 22.6% |
| Income taxes67/77 | €4,817 | €5,562 | €4,727 | €17,432 | €12,837 | €23,642 | €27,179 | ▲ 15.0% |
| Profit (loss) for the period9904 | €17,769 | €34,498 | €22,407 | €68,264 | €53,274 | €80,411 | €100,364 | ▲ 24.8% |
| Profit (loss) for the period to be appropriated9905 | €17,769 | €34,498 | €22,407 | €68,264 | €53,274 | €80,411 | €100,364 | ▲ 24.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €379,471 | €415,904 | €596,220 | €632,996 | €681,699 | €840,114 | €879,500 | ▲ 4.7% |
| Fixed assets21/28 | €283,195 | €283,015 | €460,758 | €441,096 | €435,107 | €556,886 | €511,226 | ▼ 8.2% |
| Tangible fixed assets22/27 | €283,195 | €283,015 | €460,064 | €440,647 | €434,658 | €556,436 | €510,777 | ▼ 8.2% |
| Land and buildings22 | - | - | - | €349,413 | €331,268 | €421,512 | €399,153 | ▼ 5.3% |
| Plant, machinery and equipment23 | - | - | - | €25,550 | €15,228 | €14,290 | €10,565 | ▼ 26.1% |
| Furniture and vehicles24 | - | - | - | €223 | €111 | €3,215 | €2,540 | ▼ 21.0% |
| Leasing and similar rights25 | - | - | - | - | €26,681 | €60,141 | €45,331 | ▼ 24.6% |
| Other tangible fixed assets26 | - | - | - | €65,461 | €61,370 | €57,278 | €53,187 | ▼ 7.1% |
| Financial fixed assets28 | - | - | €694 | €449 | €449 | €449 | €449 | = |
| Current assets29/58 | €96,277 | €132,889 | €135,463 | €191,900 | €246,592 | €283,228 | €368,274 | ▲ 30.0% |
| Stocks and contracts in progress3 | €32,035 | €31,771 | €34,216 | €38,044 | €32,058 | €36,914 | €21,548 | ▼ 41.6% |
| Stocks30/36 | - | - | - | €38,044 | €32,058 | €36,914 | €21,548 | ▼ 41.6% |
| Amounts receivable within one year40/41 | €44,262 | €24,615 | €18,861 | €27,184 | €16,172 | €23,155 | €32,087 | ▲ 38.6% |
| Trade receivables40 | - | - | - | €25,538 | €16,172 | €18,769 | €32,087 | ▲ 71.0% |
| Other amounts receivable41 | - | - | - | €1,646 | - | €4,386 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €18,392 | €74,526 | €80,998 | €124,408 | €194,835 | €217,971 | €307,397 | ▲ 41.0% |
| Deferred charges and accrued income490/1 | - | - | - | €2,263 | €3,527 | €5,188 | €7,242 | ▲ 39.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €379,471 | €415,904 | €596,220 | €632,996 | €681,699 | €840,114 | €879,500 | ▲ 4.7% |
| Equity10/15 | €62,746 | €97,244 | €119,651 | €147,915 | €201,189 | €281,600 | €381,964 | ▲ 35.6% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €44,146 | €78,644 | €101,051 | €129,315 | €182,589 | €263,000 | €363,364 | ▲ 38.2% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €127,455 | €180,729 | €263,000 | €363,364 | ▲ 38.2% |
| Amounts payable17/49 | €316,726 | €318,661 | €476,569 | €485,081 | €480,510 | €558,514 | €497,536 | ▼ 10.9% |
| Amounts payable after more than one year17 | €261,859 | €248,753 | €393,197 | €358,234 | €350,029 | €426,022 | €366,462 | ▼ 14.0% |
| Financial debts170/4 | - | - | - | €358,234 | €350,029 | €426,022 | €366,462 | ▼ 14.0% |
| Amounts payable within one year42/48 | €54,497 | €69,102 | €82,283 | €125,266 | €130,481 | €132,492 | €131,074 | ▼ 1.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €34,963 | €46,171 | €58,359 | €59,559 | ▲ 2.1% |
| Financial debts43 | - | - | - | - | - | - | €27 | - |
| Credit institutions430/8 | - | - | - | - | - | - | €27 | - |
| Trade debts44 | €5,434 | €10,582 | €4,659 | €10,363 | €9,893 | €6,138 | €6,382 | ▲ 4.0% |
| Suppliers440/4 | - | - | - | €10,363 | €9,893 | €6,138 | €6,382 | ▲ 4.0% |
| Advances received on contracts in progress46 | - | - | - | €2,320 | - | €1,681 | €760 | ▼ 54.8% |
| Taxes, remuneration and social security45 | - | - | - | €8,250 | €12,003 | €4,832 | €11,900 | ▲ 146% |
| Taxes450/3 | - | - | - | €8,250 | €12,003 | €4,832 | €11,900 | ▲ 146% |
| Other amounts payable47/48 | - | - | - | €69,371 | €62,414 | €61,483 | €52,447 | ▼ 14.7% |
| Accrued charges and deferred income492/3 | - | - | - | €1,581 | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,769 | €34,498 | €22,407 | €68,264 | €53,274 | €80,411 | €100,364 | ▲ 24.8% |
| + Depreciation and write-downs630 | €40,676 | €25,527 | €43,969 | €37,966 | €33,989 | €60,854 | €46,855 | ▼ 23.0% |
| Operating cash flow (approximation) | €58,445 | €60,025 | €66,376 | €106,230 | €87,263 | €141,264 | €147,219 | ▲ 4.2% |
| Investment in fixed assets (approximation) | - | -€25,347 | -€221,711 | -€18,304 | -€28,000 | -€182,632 | -€1,196 | ▲ 99.3% |
| Change in cash | - | €56,133 | €6,472 | €43,410 | €70,427 | €23,136 | €89,426 | ▲ 287% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,782 companies had the same profile as Cf-Tech has now. Two years later, 96.7% were still going and 0.6% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Cf-Tech itself: 0.1% 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.
| 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 6,782 companies, not a prediction for Cf-Tech. 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 (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 01-02-2026 | 2026-00025105 | |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00019888 | |
| 30-06-2023 | micro format | 19-02-2024 | 2024-00031560 | |
| 30-06-2022 | micro format | 20-12-2022 | 2022-20543176 | |
| 30-06-2021 | micro format | 21-12-2021 | 2021-81300598 | |
| 30-06-2020 | micro format | 11-12-2020 | 2020-75300479 | |
| 30-06-2019 | micro format | 20-12-2019 | 2019-77000292 | |
| 30-06-2018 | micro format | 20-12-2018 | 2018-75200462 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 20-02-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| COSMAN Frédéric François Pierre |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Geboekt op algemene kosten,los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten…”
Articles of association, deed of 20-02-2023 (in Dutch)
Network & group
Cf-Tech shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Cf-Tech. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
20-02
Gazette deed
Change of role: COSMAN Frédéric François Pierre, from manager to directorCapital conversion · Reserve release · Amendment of the articles10 points ▸
- General meeting, 15-02-2023
- Other provision, “aanpassing statuten en behoud rechtsvorm, statuten aanpassen aan Wetboek van vennootschappen en verenigingen en rechtsvorm besloten vennootschap behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening aangelegd bij toepassing van artikel 39,§2,tweede lid wet van 2019-03-23” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, COSMAN Frédéric François Pierre (manager)
- Director appointment, COSMAN Frédéric François Pierre (director (not named in the articles))
- Director discharge, COSMAN Frédéric François Pierre
- Registered office clause, “8800 Roeselare,Blauwvoetstraat 12” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
24 activities
- Het onderhoud,herstellen,vervaardigen van wasmachines,droog- en strijktoestellen,stoommachines en alle toestellen voor behandeling van stoffen en dergelijke meer.Dit zowel voor industrieel,commercieel en particulier gebruik.Deze opsomming is niet limitatief.
- De klein- en groothandel,van elektrische toestellen voor industrieel,commercieel en particulier gebruik.
- De klein- en groothandel van alle huishoudtoestellen.
- De installatie van alle industriële en huishoudelijke elektriciteit evenals de fabricatie,aan- en verkoop van alle toebehoren en benodigdheden hiertoe.
- Het ontwikkelen en installeren van alle alarm- en communicatie-installaties,domotica- en automatisatiesystemen,ventilatiesystemen,evenals de aan- en verkoop van alle toebehoren.
- Het aanleggen van alle elektrische installaties en bedradingen voor diverse doeleinden en in de meest ruime zin van het woord.
- Dit behelst ook de elektrotechnische installaties in gebouwen van alle aard.
- Onderhoud en herstel van computers,randapparatuur en toebehoren.
- Het herwikkelen van elektromotoren en transformatoren.
- Het plaatsen en herstellen van lichtreclames,elektrische verwarmingsinstallaties,stores en zonnetenten.
- Het organiseren van opleidingen en evenementen in de vakgebieden die rechtstreeks of onrechtstreeks met het voorwerp te maken hebben.
- Optreden als tussenpersoon en commissionair in de handel van goederen in het algemeen en de handel van elektrotoestellen,onderdelen en accessoires in het bijzonder.
- Het uitbaten en/of beheren van wassalons in de meest ruime zin.
- Het huren,verhuren,leasen,in leasing geven of ter beschikking stellen onder het even welke vorm van alle materiaal en machines,kortom alle roerende goederen.
- Het inrichten van een secretariaat of dienstverlening,die nodig zijn voor de uitoefening van bovenvermelde activiteiten.
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en andere immateriële activa.
- Het verwerven van participaties in eender welke vorm in alle bestaande of nog op te richten rechtspersonen.
- Het verlenen van adviezen in kader van diverse economische activiteiten.
- Het uitvoeren van alle studies en onderzoek,het verrichten van marktonderzoek,promotie,raadgeving,prospectie en marketing in de meest ruime zin.De vennootschap kan alle vormen van communicatie aanwenden ten einde haar voorwerp te bereiken.
- Het uitoefenen van mandaten in andere ondernemingen.
- Het aanleggen en oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen,en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen en verbouwen,onderhouden,verwerven en verkopen van vruchtgebruik en alle andere zakelijke rechten.Het verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,voor eigen rekening en voor rekening van derden.
- Alle handelingen die rechtstreeks en onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen.
- Het beheer van een eigen roerend vermogen,en alle handelingen die hiermee verband houden.De vennootschap mag voor eigen rekening en voor rekening van derden alle handelingen verrichten om de verwezenlijking van haar voorwerp of de uitbreiding van de vennootschap te vergemakkelijken.
- De vennootschap mag belangen hebben,door inbreng,versmelting,deelname in alle bestaande of op te richten vennootschappen of ondernemingen zowel in België als in het buitenland,die een gelijkaardig voorwerp nastreven.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36503C1253/00A004 | Flanders | 488 m² | 1 · 146 m² | 8.9 m |