Equity
Equity fell by 50% in 9 years.
Equity fell by 50% in 9 years.
The result fell in 2025 from €512,112 to €45,578.
Higher solvency than 95% of companies in retail trade. Sector median 33.4% · 25,237 companies.
In July 2024, 14,768 companies had the same profile as CFdC has now. Each dot stands for 37 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 14,768 companies, not a prediction for CFdC. 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 | ||||
|---|---|---|---|---|
| CFdC Antwerp | - | - | 99.5% | - |
| AUTOMATEN SERVICE VOLCKAERT Zottegem | - | - | 98.1% | 0 |
| P-CONSULT Oosterzele | - | - | 84.9% | - |
| KONINGS - VAN HOFSTRAETEN Zoersel | €21.9m | 2.4% | 52.8% | 1 |
| PATIGNY MAZOUT Couvin | €30.9m | 1.0% | 54.8% | 27.3 |
| T.V.B. Hasselt | €19.7m | 1.5% | 5.3% | 169.6 |
| BOLLE BRANDSTOFFEN Diksmuide | €45.2m | 1.3% | 22.0% | 7.7 |
These companies have the same main activity as CFdC: retail sale of solid, liquid and gaseous fuels, excluding motor fuels (NACE 47781). They are comparable in size and age: total assets between €1.3m and €7.1m, founded between 1994 and 2010.
CFdC files the micro format. That format states no turnover. The gross margin rose from -€8,811 in 2007 to -€1,560 in 2025.
The balance sheet grew most from 2014 to 2016 through fixed assets.
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.
Higher than 95% of 25,237 companies in 2025.
Higher than 95% of 24,689 companies in 2024.
Higher than 39% of 24,434 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
4.8m | 5.0m | 4.3m | 4.3m | 3.8m | 4.7m | 5.7m | 9.8m | 9.8m | 9.9m | 7.3m | 6.4m | 6.4m | 6.5m | 5.8m | 4.3m | 4.9m | 2.6m | 2.2m | |
21/28 |
219,818 | 224,318 | 2.3m | 2.3m | 3.5m | 3.6m | 3.4m | 6.8m | 6.9m | 7.1m | 4.1m | 4.2m | 4.2m | 2.3m | 2.3m | 2.4m | 2.4m | 631,496 | 792,327 | |
22/27 |
215,001 | 219,501 | 2.3m | 2.3m | 3.5m | 3.6m | 3.3m | 6.8m | 6.9m | 7.1m | 3.5m | 3.5m | 3.5m | 1.6m | 1.7m | 1.7m | 1.8m | - | - | |
22 |
- | - | 2.0m | 2.0m | 3.3m | 3.3m | 3.3m | 6.8m | 6.9m | 7.1m | 3.5m | 3.5m | 3.5m | 1.6m | 1.7m | 1.7m | 1.8m | - | - | |
26 |
215,001 | 219,501 | 236,390 | 241,711 | 271,341 | 255,972 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
4,817 | 4,817 | 4,817 | 4,817 | 4,817 | 4,817 | 4,817 | 4,817 | 4,817 | 5,617 | 637,114 | 637,114 | 637,114 | 637,114 | 637,114 | 637,114 | 631,496 | 631,496 | 792,327 | |
280/1 |
- | - | - | - | - | - | - | - | - | - | - | 637,114 | 637,114 | 637,114 | 637,114 | - | - | - | - | |
280 |
- | - | - | - | - | - | - | - | - | - | - | 637,114 | 637,114 | 637,114 | 637,114 | - | - | - | - | |
29/58 |
4.6m | 4.7m | 2.0m | 2.0m | 270,606 | 1.1m | 2.3m | 3.1m | 2.9m | 2.8m | 3.2m | 2.3m | 2.2m | 4.2m | 3.4m | 1.9m | 2.5m | 2.0m | 1.4m | |
29 |
1.6m | 1.6m | 1.6m | 1.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
1.6m | 1.6m | 1.6m | 1.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
13,405 | 30,744 | 13,252 | 2,604 | - | - | 35,000 | - | 9,425 | 64,702 | 66,023 | 121,733 | 35,798 | 3,751 | 39,201 | 213,621 | 210,009 | 586,624 | 353,405 | |
40 |
0 | 26,446 | 12,705 | - | - | - | - | - | 9,425 | 64,702 | 65,996 | 121,586 | 33,805 | - | 20,450 | - | - | - | - | |
41 |
13,405 | 4,298 | 547 | 2,604 | - | - | 35,000 | - | - | - | 27 | 148 | 1,993 | 3,751 | 18,751 | 213,621 | 210,009 | 586,624 | 353,405 | |
50/53 |
0 | 2.7m | - | - | - | - | - | - | - | - | - | - | - | 4.2m | 3.2m | 1.4m | 2.3m | 1.4m | 1.0m | |
51/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 4.2m | 3.2m | - | - | - | - | |
54/58 |
2.8m | 275,615 | 278,382 | 352,984 | 225,106 | 1.1m | 2.2m | 3.0m | 2.9m | 2.7m | 3.1m | 2.1m | 2.2m | 25,455 | 224,740 | 292,769 | 4,061 | 1,806 | 7,612 | |
490/1 |
150,738 | 104,464 | 58,191 | 11,917 | 45,500 | 45,500 | 45,500 | 45,500 | 45,500 | 1,750 | - | - | 157 | 35,917 | 15,673 | 15,338 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
4.8m | 5.0m | 4.3m | 4.3m | 3.8m | 4.7m | 5.7m | 9.8m | 9.8m | 9.9m | 7.3m | 6.4m | 6.4m | 6.5m | 5.8m | 4.3m | 4.9m | 2.6m | 2.2m | |
10/15 |
4.8m | 4.7m | 4.2m | 4.2m | 3.8m | 3.8m | 5.5m | 9.5m | 9.5m | 9.5m | 2.7m | 6.4m | 6.4m | 6.5m | 5.8m | 4.3m | 3.4m | 2.6m | 2.2m | |
10/11 |
67,650 | 67,650 | 67,650 | 67,650 | 67,650 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | |
100 |
- | - | - | - | - | - | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | |
13 |
- | - | - | - | - | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 68,111 | |
130/1 |
- | - | - | - | - | 6,150 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 68,111 | |
1311 |
- | - | - | - | - | 6,150 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
4.7m | 4.7m | 4.1m | 4.1m | 3.7m | 3.7m | 5.4m | 9.4m | 9.4m | 9.5m | 2.7m | 6.4m | 6.3m | 5.6m | 4.9m | 3.4m | 2.5m | 1.7m | 1.3m | |
17/49 |
23,848 | 225,579 | 46,273 | 117,558 | 2,809 | 893,808 | 143,637 | 352,603 | 360,368 | 355,579 | 4.6m | - | - | 351 | 5,617 | 5,617 | 1.5m | 6,789 | 31,130 | |
42/48 |
22,850 | 225,579 | 46,273 | 117,558 | 2,809 | 893,808 | 143,637 | 352,603 | 360,368 | 355,579 | 4.6m | - | - | 351 | 5,617 | 5,617 | 1.5m | 6,789 | 31,130 | |
43 |
- | - | - | - | - | 2,987 | 2,816 | 20,406 | 17,836 | 12,705 | - | - | - | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | 2,987 | 2,816 | 20,406 | 17,836 | 12,705 | - | - | - | - | - | - | - | - | - | |
44 |
1,190 | 32,000 | 10,500 | 18,765 | - | - | - | - | 1,733 | 2,874 | - | - | - | 351 | - | - | 407 | 484 | 363 | |
440/4 |
1,190 | 32,000 | 10,500 | 18,765 | - | - | - | - | 1,733 | 2,874 | - | - | - | 351 | - | - | 407 | 484 | 363 | |
45 |
0 | 175,020 | 17,580 | 92,550 | - | - | - | - | - | - | 60,401 | - | - | - | - | - | - | 6,305 | 30,767 | |
450/3 |
0 | 175,020 | 17,580 | 92,550 | - | - | - | - | - | - | 60,401 | - | - | - | - | - | - | 6,305 | 30,767 | |
47/48 |
21,660 | 18,559 | 18,193 | 6,243 | 2,809 | 890,821 | 140,821 | 332,197 | 340,800 | 340,000 | 4.5m | - | - | - | 5,617 | 5,617 | 1.5m | - | - | |
492/3 |
998 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
70/76A |
- | - | - | - | - | - | - | - | - | - | - | 87,781 | 44,377 | 36,940 | 20,785 | - | - | - | - | |
76A |
- | - | - | - | - | - | 32,950 | - | - | 6.9m | - | - | - | - | - | - | - | 32,807 | - | |
9900 |
-1,560 | 586,897 | 21,017 | 451,937 | 72,040 | 67,833 | 101,777 | 165,394 | 152,399 | 63,510 | -2,960 | - | - | - | - | 14,079 | -6,962 | -1,614 | -8,811 | |
60/66A |
- | - | - | - | - | - | - | - | - | - | - | 164,357 | 57,144 | 53,254 | 53,270 | - | - | - | - | |
60/61 |
- | - | - | - | - | - | - | - | - | - | 90,939 | - | - | - | - | 1,259 | 6,962 | 1,614 | 8,811 | |
61 |
- | - | - | - | - | - | - | - | - | - | - | 102,786 | 5,265 | 1,452 | 1,577 | - | - | - | - | |
630 |
- | - | - | - | 48,194 | 48,194 | 48,194 | 173,011 | 173,011 | 173,011 | 48,194 | 48,194 | 48,194 | 48,194 | 48,194 | 36,146 | - | - | - | |
640/8 |
1,064 | 1,979 | 995 | 1,025 | 3,554 | 4,341 | 12,197 | 12,343 | 11,539 | 8,026 | 3,726 | 13,377 | 3,685 | 3,607 | 3,498 | 3,369 | 179,053 | 348 | 1,052 | |
9901 |
-2,624 | 584,917 | 20,022 | 450,913 | 20,292 | 15,297 | 41,387 | -19,960 | -32,150 | -117,527 | -54,880 | -76,576 | -12,767 | -16,314 | -32,485 | -25,436 | -186,015 | -1,962 | -9,863 | |
75/76B |
141,609 | 113,253 | 46,274 | 11,969 | 1,106 | 1,380 | 6,381 | 762 | 2,303 | 6.9m | 840,440 | 330,620 | 672,801 | 758,979 | 1.5m | 945,690 | 992,416 | 405,301 | 1.4m | |
75 |
141,609 | 113,253 | 46,274 | 11,969 | 1,106 | 1,380 | 6,381 | 762 | 2,303 | - | 840,440 | 330,620 | 672,801 | 758,979 | 1.5m | 945,690 | 992,416 | 405,301 | 1.4m | |
750 |
- | - | - | - | - | - | - | - | - | - | - | 330,187 | 667,500 | 734,250 | 1.5m | - | - | - | - | |
751 |
- | - | - | - | - | - | - | - | - | - | - | 433 | 5,301 | 24,729 | 13,787 | - | - | - | - | |
76B |
- | - | - | - | - | - | - | - | - | 6.9m | - | - | - | - | - | - | - | - | - | |
65/66B |
78,213 | 523 | 430 | 34 | 1,581 | 2,531 | 5,840 | 1,649 | 1,581 | 673 | 74 | 2,194 | 29,261 | 85 | 110 | 66 | 81 | 44 | 709 | |
65 |
78,213 | 523 | 430 | 34 | 1,581 | 2,531 | 5,840 | 1,649 | 1,581 | 673 | 74 | 2,194 | 29,261 | 85 | 110 | 66 | 81 | 44 | 709 | |
652/9 |
- | - | - | - | - | - | - | - | - | - | - | 2,194 | 29,261 | 85 | 110 | - | - | - | - | |
9903 |
60,772 | 697,647 | 65,866 | 462,848 | 19,816 | 14,146 | 41,927 | -20,847 | -31,428 | 6.8m | 785,486 | 251,849 | 630,773 | 742,581 | 1.4m | 920,188 | 806,321 | 436,103 | 1.4m | |
67/77 |
15,193 | 185,535 | 17,581 | 92,550 | - | - | - | - | - | - | - | - | - | - | - | - | 567 | 15,180 | 34,309 | |
9904 |
45,578 | 512,112 | 48,284 | 370,298 | 19,816 | 14,146 | 41,927 | -20,847 | -31,428 | 6.8m | 785,486 | 251,849 | 630,773 | 742,581 | 1.4m | 920,188 | 805,753 | 420,923 | 1.4m | |
9905 |
45,578 | 512,112 | 48,284 | 370,298 | 19,816 | 14,146 | 41,927 | -20,847 | -31,428 | 6.8m | 785,486 | 251,849 | 630,773 | 742,581 | 1.4m | 920,188 | 805,753 | 420,923 | 1.4m | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
4.7m | 4.7m | 4.1m | 4.1m | 3.7m | 5.5m | 9.4m | 9.4m | 9.4m | 9.5m | 7.2m | 6.6m | 6.3m | 5.6m | 4.9m | 3.4m | 2.5m | 1.7m | 1.4m | |
14P |
4.7m | 4.1m | 4.1m | 3.7m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 73,850 | - | - | - | - | - | - | |
792 |
- | - | - | - | - | - | - | - | - | - | - | - | 73,850 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11,889 | 68,111 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11,889 | 68,111 | |
694/7 |
- | - | - | - | - | 1.8m | 4.0m | - | - | - | 4.5m | 200,000 | - | - | - | - | - | - | - | |
694 |
- | - | - | - | - | 1.8m | 4.0m | - | - | - | 4.5m | 200,000 | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 23-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 23-03-2026 | 2026-00059303 | |
| 30-09-2024 | micro format | 11-04-2025 | 2025-00067895 | |
| 30-09-2023 | micro format | 26-04-2024 | 2024-00069630 | |
| 30-09-2022 | micro format | 02-05-2023 | 2023-00074214 | |
| 30-09-2021 | micro format | 31-03-2022 | 2022-09300103 | |
| 30-09-2020 | micro format | 30-03-2021 | 2021-08800339 | |
| 30-09-2019 | micro format | 25-03-2020 | 2020-07400068 | |
| 30-09-2018 | micro format | 21-03-2019 | 2019-07700175 | |
| 30-09-2017 | micro format | 28-03-2018 | 2018-08400490 | |
| 30-09-2016 | abbreviated format | 20-04-2017 | 2017-09700361 | |
| 30-09-2015 | abbreviated format | 03-03-2016 | 2016-05800157 | |
| 30-09-2014 | full format | 31-03-2015 | 2015-09300155 | |
| 30-09-2013 | full format | 30-07-2014 | 2014-38600010 | |
| 30-09-2012 | full format | 13-05-2013 | 2013-11800443 | |
| 30-09-2011 | full format | 16-05-2012 | 2012-12000383 | |
| 30-09-2010 | abbreviated format | 31-05-2011 | 2011-14000327 | |
| 30-09-2009 | abbreviated format | 29-04-2010 | 2010-10300588 | |
| 30-09-2008 | abbreviated format | 11-06-2009 | 2009-22000125 | |
| 30-09-2007 | abbreviated format | 18-04-2008 | 2008-11100015 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 68,486 | 63,491 | 89,581 | 153,051 | 140,860 | 55,484 | -6,686 | -28,382 | 35,427 | 31,880 | 15,709 | 10,709 | - | - | - | ||
| - | - | - | - | 68,010 | 62,340 | 90,121 | 152,163 | 141,583 | 7.0m | 833,680 | 300,043 | 678,967 | 790,775 | 1.5m | 956,334 | - | - | - | ||
| 0 | - | 4,899 | 5,770 | 15,369 | 255,972 | -3.4m | 0 | -800 | 3.8m | 0 | 50,981 | 1.9m | 0 | 0 | 5,617 | 1.8m | - | 792,327 | ||
| 2.5m | -2,767 | -74,601 | 127,877 | -838,358 | -1.2m | -786,795 | 153,823 | 158,699 | -392,133 | 949,791 | -36,716 | 2.1m | -199,285 | -68,029 | 288,708 | 2,255 | -5,807 | - | ||
| 4.6m | 4.5m | 1.9m | 1.9m | 267,797 | 215,156 | 2.2m | 2.7m | 2.5m | 2.4m | -1.4m | - | - | 4.2m | 3.4m | 1.9m | 975,394 | 2.0m | 1.4m | ||
| 99.5% | 95.4% | 98.9% | 97.3% | 99.9% | 80.9% | 97.5% | 96.4% | 96.3% | 96.4% | 37.5% | 100.0% | 100.0% | 100.0% | 99.9% | 99.9% | 68.8% | 99.7% | 98.6% | ||
| - | 20.95 | 42.86 | 17.02 | 96.34 | 1.24 | 16.03 | 8.66 | 8.07 | 7.77 | 0.69 | - | - | - | - | - | 1.63 | - | 45.01 | ||
| 0.00 | 0.05 | 0.01 | 0.03 | 0.00 | 0.24 | 0.03 | 0.04 | 0.04 | 0.04 | 1.67 | - | - | 0.00 | 0.00 | 0.00 | 0.45 | 0.00 | 0.01 | ||
| 1.0% | 10.8% | 1.1% | 8.9% | 0.5% | 0.4% | 0.8% | -0.2% | -0.3% | 71.3% | 28.8% | 3.9% | 9.9% | 11.4% | 25.2% | 21.4% | 23.8% | 16.3% | 63.0% | ||
| 1.0% | 10.3% | 1.1% | 8.6% | 0.5% | 0.3% | 0.7% | -0.2% | -0.3% | 68.7% | 10.8% | 3.9% | 9.9% | 11.4% | 25.1% | 21.3% | 16.4% | 16.3% | 62.1% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 88 days | - | - | 21 days | 109 days | 15 days |
A ratio outside any meaningful range has been withheld (balance sheet total €4.8m, equity €4.8m).
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 | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €0 | - | €4,899 | €5,770 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €2,624, after a profit of €584,917 in 2024. It is the lowest result since 2018.
Debt's share of the balance-sheet total falls from 4.6% to 0.5%. Equity is higher and debt is lower.
Source: list of holdings in its own 30-09-2015 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2013, in their own currency.
Deadline for the 2026 accounts: 30-04-2027
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 |
|---|---|---|
| Arthur Goemaerelei 24 registered office 2018 Antwerp 64999 Other financial services | 08-06-2021 | 2.318.763.125 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11810K1823/00S000 | 1,448 m² | 1 · 217 m² | 15.0 m · 5 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
If something looks wrong or is missing, please tell us.