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CFD

Active
Foreign entityfounded 2000active for 25 yearsSCHUTERHOF 7, 4561CM HULST, NetherlandsKBO/BCE: BE 0473.334.957
Summary

CFD has the legal form “Foreign entity” in the KBO. Checked does not compute a bankruptcy probability for it. The 2008 annual accounts show negative equity (-€20,994) and a net result of -€1,080. Equity has been shrinking by about 15% per year since 2006. The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 23-11-2000 Normal situation
Activity
No activity registered in the KBO
Establishment units
2.094.215.449 1210 Sint-Joost-ten-Node, since 11-01-2001
2.176.139.471 2600 Antwerpen, since 02-01-2009
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Financial position

2008 figures too old to scoreBankruptcy probability: legal form outside the model
Annual accounts 2008
Turnover
€610,897
▼ 66.7%
Loss
€1,080
▼ 78.6%
Equity
-€20,994
▼ 5.4%
Total assets
€36,568
▼ 84.3%
Staff
1.9 FTE
▲ 35.7%
  • Negative equity on 31-12-2008
  • 2009 accounts not filed, 5938 days past the deadline
Filed on 19-08-2009
Signalsraises risk2008 accounts filed 19 days lateneutralNo filing for yearsShow the evidence

Checked score

No current score
Figures too old
The latest figures are for FY 2008. They are too old for a current score.
Filing: Five or more annual filings are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2008 · tick: 2007
Weak
Solvency 0-16
equity -57.4% of total assets
Liquidity 5-38
short-term debt 157.4% · cash 3.7%
Profitability 28-1
return on assets -3.0%
Bankruptcy probability within 12 months

The KBO gives the legal form as “Foreign entity”. There is no bankruptcy probability for it. The model is built on companies and gives no reliable figure for this form.

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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

Two signals.
raises riskneutral
neutral · No filing for years
The last filed financial year closed on 31-12-2008. Since then, 17 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filings
Position against the passed deadline
31-12-2009 year end31-07-2010 deadline02-11-2026 today
raises risk · 2008 accounts filed 19 days late
The financial year that closed on 31-12-2008 was due by 31-07-2009 and was filed on 19-08-2009, 19 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 · 8 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 →
tick = median of all Belgian filings

The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2008, full format

Annual accounts 2008 filed on 19-08-2009 PDF all 8 filings

Turnover
€610,897▼ 66.7%
2007 · €1.8m
EBIT margin
1.2%▼ 0.3pp
2007 · 1.5%
Net result
-€1,080▲ 78.6%
2007 · -€5,054
Working capital
-€25,082▼ 13.8%
2007 · -€22,047
Trend over the years

2006 to 2008, 3 financial years 2006 to 2008, 3 financial years

The operating result for 2008 is 73% lower than in 2007 and the lowest since 2006.

Turnover€0.6m 2008 Operating result€0.008m 2008 Net result-€0.001m 2008

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line200620072008
Turnover€1.3m-€1.8m▲ 37.1%€0.6m▼ 66.7%
Operating result€0.02m-€0.03m▲ 12.3%€0.008m▼ 72.9%
Net result€0.003m--€0.005m-€0.001m▲ 78.6%
EBIT margin1.9%-1.5%▼ 0.3pp1.2%▼ 0.3pp
Equity-€0.01m--€0.02m▼ 34.0%-€0.02m▼ 5.4%
Total assets€0.3m-€0.2m▼ 22.4%€0.04m▼ 84.3%
Debt€0.3m-€0.3m▼ 19.7%€0.06m▼ 77.2%
Working capital-€0.02m--€0.02m▼ 28.0%-€0.03m▼ 13.8%
Staff (FTE)0.4-1.4▲ 250%1.9▲ 35.7%
Balance-sheet composition
2008 in colour, 2007 as the grey bar beneath
Assets €36,568
Fixed assets €4,088 ▲ 91.7%
Current assets €32,481 ▼ 85.9%
Equity and liabilities
Equity-€20,994
Debt€57,563
Equity is negative. Debt (€57,563) exceeds the balance-sheet total (€36,568).
Key figures and ratios
2008 value · change against 2007
EBITDA
€8,136▼
2007 · €28,108
Cash flow
-€485▲
2007 · -€4,819
Solvency
-57.4%▼
2007 · -8.6%
Current ratio
0.56▼
2007 · 0.91
ROA
-3.0%▼
2007 · -2.2%
Debt ≤ 1 year
€57,563▼
2007 · €252,239
Income taxes
€0
Customer credit
19 days▼
2007 · 30 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2008 against 2007 · 24 lines

Source: Annual accounts 2008 (PDF), filed on 19-08-2009.

Balance sheet Code20072008
Assets
Total assets20/58€0.2m€0.04m▼
Fixed assets21/28€0.002m€0.004m▲
Tangible fixed assets22/27€235€0.001m▲
Financial fixed assets28€0.002m€0.003m▲
Current assets29/58€0.2m€0.03m▼
Amounts receivable within one year40/41€0.2m€0.03m▼
Cash at bank and in hand54/58€0.08m€0.001m▼
Equity and liabilities
Total equity and liabilities10/49€0.2m€0.04m▼
Equity10/15-€0.02m-€0.02m▼
Contributions10/11€0.02m€0.02m=
Profit (loss) carried forward14-€0.04m-€0.04m▼
Amounts payable17/49€0.3m€0.06m▼
Amounts payable within one year42/48€0.3m€0.06m▼
Trade debts44€0.2m€0.04m▼
Income statement Code20072008
Turnover70€1.8m€0.6m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€235€0.001m▲
Gross operating margin9900€0.06m€0.07m▲
Operating profit (loss)9901€0.03m€0.008m▼
Recurring financial income75€72€191▲
Recurring financial charges65€0.03m€0.01m▼
Profit (loss) for the period before taxes9903-€0.005m-€0.001m▲
Income taxes67/77-€0
Profit (loss) for the period9904-€0.005m-€0.001m▲
Profit (loss) for the period to be appropriated9905-€0.005m-€0.001m▲
Line200620072008Change
Turnover70€1.3m€1.8m€0.6m▼ 66.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€235€235€0.001m▲ 153%
Gross operating margin9900€0.04m€0.06m€0.07m▲ 2.3%
Operating profit (loss)9901€0.02m€0.03m€0.008m▼ 72.9%
Recurring financial income75-€72€191▲ 167%
Recurring financial charges65€0.02m€0.03m€0.01m▼ 69.5%
Profit (loss) for the period before taxes9903€0.003m-€0.005m-€0.001m▲ 78.6%
Income taxes67/77--€0-
Profit (loss) for the period9904€0.003m-€0.005m-€0.001m▲ 78.6%
Profit (loss) for the period to be appropriated9905€0.003m-€0.005m-€0.001m▲ 78.6%
Line200620072008Change
Assets
Total assets20/58€299,366€232,324€36,568▼ 84.3%
Fixed assets21/28€2,367€2,132€4,088▲ 91.7%
Tangible fixed assets22/27€469€235€1,440▲ 514%
Financial fixed assets28€1,898€1,898€2,648▲ 39.5%
Current assets29/58€296,999€230,192€32,481▼ 85.9%
Amounts receivable within one year40/41€222,087€150,757€31,124▼ 79.4%
Cash at bank and in hand54/58€74,027€79,434€1,356▼ 98.3%
Equity and liabilities
Total equity and liabilities10/49€299,366€232,324€36,568▼ 84.3%
Equity10/15-€14,861-€19,915-€20,994▼ 5.4%
Contributions10/11€18,600€18,600€18,600=
Profit (loss) carried forward14-€33,461-€38,515-€39,594▼ 2.8%
Amounts payable17/49€314,227€252,239€57,563▼ 77.2%
Amounts payable within one year42/48€314,227€252,239€57,563▼ 77.2%
Trade debts44€257,296€176,835€38,326▼ 78.3%
Line200620072008Change
Profit (loss) for the period9904€2,789-€5,054-€1,080▲ 78.6%
+ Depreciation and write-downs630€235€235€595▲ 153%
Operating cash flow (approximation)€3,023-€4,819-€485▲ 89.9%
Investment in fixed assets (approximation)-€0-€2,550-
Change in cash-€5,407-€78,078-

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

Filings with the National Bank (8)
Financial year Type Filed Reference Document
31-12-2008 full format 19-08-2009 2009-60100025 PDF
31-12-2007 full format 26-08-2008 2008-62800161 PDF
31-12-2006 full format 17-08-2007 2007-57700380 PDF
31-12-2005 full format 30-01-2007 2007-03403732 PDF
31-12-2004 full format 27-10-2005 2005-83602208 PDF
31-12-2003 full format 25-01-2005 2005-02604993 PDF
31-12-2002 full format 25-01-2005 2005-02604983 PDF
31-12-2001 full format 27-01-2003 2003-02504721 PDF

Timeline

Acts, filings and financial milestones

2009
19-08
NBB filing Annual accounts 2008 filedPDF
full format · 19 days late
2008
26-08
NBB filing Annual accounts 2007 filedPDF
full format · 26 days late
2007
31-12
Financial Weakest financial yearnet -€5,054
The net result drops to -€5,054, the lowest from 2006 to 2008. It recovers the following year.
17-08
NBB filing Annual accounts 2006 filedPDF
full format · 17 days late
30-01
NBB filing Annual accounts 2005 filedPDF
full format · 183 days late
2005
27-10
NBB filing Annual accounts 2004 filedPDF
full format · 88 days late
25-01
NBB filing Annual accounts 2003 filedPDF
full format · 178 days late
25-01
NBB filing Annual accounts 2002 filedPDF
full format · 544 days late
2003
27-01
NBB filing Annual accounts 2001 filedPDF
full format · 180 days late
2000
02-12
Gazette deed Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

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

History

CFD was incorporated on 23 November 2000.1 Turnover fell from €1.3m in 2006 to €610,897 in 2008 and headcount from 0.4 to 1.9 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2006 and 2008

Company details

Register details

Identity

KBO record
Name CFD in French
Enterprise number 0473.334.957
Legal form Foreign entity
Status Active, normale toestand
Founded 23-11-2000
Entity type Legal entity

Registered office and establishments

Registered office SCHUTERHOF 7, 4561CM HULST, Netherlands
Establishment units CFD, Warmoesstraat 141, 1210 Sint-Joost-ten-Node since 11-01-2001 · unit number 2.094.215.4494324001
CFD, Diksmuidelaan 141, 2600 Antwerpen since 02-01-2009 · unit number 2.176.139.4714324001

Invoicing and payment

VAT number BE 0473.334.957
E-invoicing via Peppol
Not found in the Peppol Directory

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Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
establishment All 2 establishment units on the map
Cannot be placed on the map

The registered office is abroad (Netherlands).

SCHUTERHOF 74561CM HULSTNetherlands

Buildings and parcels at the addresses

Ground area
189 m²
Building footprint
169 m²
Building volume
2,046 m³
Tallest building: 18.2 m.
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
21572B0003/00V004 Brussels 100 m² 1 · 80 m² 18.2 m · 5
11302A0086/00E002 Flanders 89 m² 1 · 89 m² 10.7 m · 3