Checked.be
Active
BE 0466.987.494Private limited company
CFF
Rue du Wainage(FAR) 75 ·6240 Farciennes, Belgium· 26 yrs active
Sector: Funeral services
(96301)
Conclusion
CFF has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €862k and a net result of €-89k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 6160 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €862k |
| Net result | €-89k |
| Staff (FTE) | 4.1 |
| Better than sector | 82% |
Financial profile
56
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
52
Profitability
0
Solvency
96
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1999, 26 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
52
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€45k
estimate, not credit advice
Score history
86
2022
65
2023
73
2024
52
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.96 (≥ 1.5)
+10
Quick ratio
Quick ratio 1.90 (≥ 1.0)
+5
Leverage
Debt/equity 0.81 (< 1.0)
+10
Profitability
Negatieve ROE -10%
-10
Interest coverage
Interest coverage -1.3× (< 1.5×)
-10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~3.6%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 96, Personal service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 68.7% | 24.8% | |
| Net result | €-23k | €3k | |
| Equity | €951k | €14k | |
| Gross operating margin | €212k | €27k | |
| Staff costs | €155k | €41k |
€-19k
-
22-25
€-89k
-285.2%
22-25
€-35k
-
22-25
€1.56M
+12.5%
22-25
€862k
-9.3%
22-25
€508k
-12.6%
22-25
4
-4.7%
22-25
€150k
-2.9%
22-25
€640
+400.0%
22-25
€695k
+60.4%
22-25
€532k
+129.9%
22-25
€163k
-19.2%
22-25
1.96
-44.4%
22-25
1.90
-44.4%
22-25
55.4%
-19.4%
22-25
0.81
+76.8%
22-25
-10.3%
-324.8%
22-25
-5.7%
-242.4%
22-25
-1.29
-
22-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | - | +8.4% | -45.2% | - |
| Net profit | -285.2% | +3.5% | - | - |
| Cash flow | - | +25.4% | -61.9% | - |
| Staff costs | -2.9% | +11.2% | +14.8% | - |
| Income taxes | +400.0% | -74.4% | -90.8% | - |
| Dividends | - | - | - | - |
| Total assets | +12.5% | -16.1% | -0.8% | - |
| Equity | -9.3% | -2.4% | -2.4% | - |
| Debt | +60.4% | -35.9% | +1.7% | - |
| of which ≤ 1y | +129.9% | -46.3% | -22.7% | - |
| of which > 1y | -19.2% | -12.8% | +161.4% | - |
| Working capital | -12.6% | -6.0% | +21.3% | - |
| Employees (FTE) | -4.7% | +4.9% | +5.1% | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.96 | 3.52 | 2.44 | 1.92 |
| Quick ratio | 1.90 | 3.42 | 2.40 | 1.88 |
| Working capital ratio | 32.6% | 42.0% | 37.5% | 30.7% |
| Solvency | 55.4% | 68.7% | 59.0% | 60.0% |
| Debt / equity | 0.81 | 0.46 | 0.69 | 0.67 |
| Long-term debt ratio | 0.19 | 0.21 | 0.24 | 0.09 |
| Interest coverage | -1.29 | 2.89 | 2.27 | 7.87 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -5.7% | -1.7% | -1.4% | 1.1% |
| ROE | -10.3% | -2.4% | -2.4% | 1.9% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.56M | €1.38M | €1.65M | €1.66M |
| Fixed assets | 21/28 | €518k | €572k | €601k | €596k |
| Intangible fixed assets | 21 | €279k | €279k | €279k | €279k |
| Tangible fixed assets | 22/27 | €238k | €292k | €322k | €316k |
| Current assets | 29/58 | €1.04M | €813k | €1.05M | €1.07M |
| Stocks & contracts in progress | 3 | €29k | €22k | €15k | €21k |
| Amounts receivable within one year | 40/41 | €988k | €757k | €980k | €912k |
| Cash & bank | 54/58 | €21k | €17k | €29k | €58k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.56M | €1.38M | €1.65M | €1.66M |
| Equity | 10/15 | €862k | €951k | €974k | €998k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €71k | €71k | €71k | €71k |
| Accumulated profits (losses) | 14 | €773k | €861k | €884k | €908k |
| Amounts payable | 17/49 | €695k | €434k | €676k | €665k |
| Amounts payable after one year | 17 | €163k | €202k | €231k | €88k |
| Amounts payable within one year | 42/48 | €532k | €231k | €431k | €557k |
| Trade debts payable within one year | 44 | €339k | €105k | €307k | €467k |
| Income statement | |||||
| Gross operating margin | 9900 | €135k | €212k | €212k | €233k |
| Operating result | 9901 | €-73k | €-7k | €-5k | €34k |
| Financial income | 75 | - | €47 | €671 | €422 |
| Financial charges | 65 | €15k | €16k | €19k | €10k |
| Result before taxes | 9903 | €-88k | €-23k | €-23k | €24k |
| Income taxes | 67/77 | €640 | €128 | €500 | €5k |
| Net result for the period | 9904 | €-89k | €-23k | €-24k | €19k |
| Result to be appropriated | 9905 | €-89k | €-23k | €-24k | €19k |
Legal Structure
| NACE primary | Funeral services(96301) |
| Legal form | Private limited company(610) |
| Incorporation | 05-10-1999 |
| Status | Active |
| Postal code | 6240 |
Establishment units
CFF
since 20002.094.860.597
Magasin et bureau Ureel
since 20002.280.077.347
Funérailles Ureel
since 20082.167.453.320
Funérarium Liégeois et Magasin
since 20082.167.453.419
Real-estate footprint
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52018A0020/00L014 | Wallonia | 1,054 m² | 1 · 115 m² | 9.6 m · 2 fl. |
| 52018D0516/00S002 | Wallonia | 240 m² | 1 · 144 m² | 10.3 m · 3 fl. |
| 52058B0248/00D004indicative | Wallonia | 204 m² | 1 · 101 m² | 12.6 m · 4 fl. |
| 52018A0191/00P003 | Wallonia | 77 m² | 1 · 48 m² | 10.8 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 3
3 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-89k
Net result drops to €-89k, the lowest in the series.
04-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 96 days late
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 143 days late
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 121 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
93031Funeral services963017485174855Office administrative and support services82100Office administrative, office support and other business support activities82110Other business support services82990
Names & trade names
| Legal nameFR | CFF |
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