Age6 yrs
Real estate4 parcels · 1.5 ha
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of CFH Penta Belgian is 5.8% (elevated). The 2024 annual accounts show negative equity (€-5.07M) and a net result of €-1.02M. Equity is shrinking by ~41.3% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone5.8%
Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile
+Multiple establishment units
+Young company
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 33 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not confirmed | - |
| 31-12-2024 | 31-07-2025 | 16-09-2025 | 47 d late | 2025-00491979 |
| 31-12-2023 | 31-07-2024 | 02-10-2024 | 63 d late | 2024-00498217 |
| 31-12-2022 | 31-07-2023 | 05-06-2024 | 310 d late | 2024-00111866 |
| 31-12-2021 | 31-07-2022 | 06-06-2024 | 676 d late | 2024-00116298 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
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.
Financials
Turnover€20.72M+4.8%
EBIT margin-5.0%+4.2pp
Net result€-1.02M+43.8%
Working capital€-4.86M-15.3%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 16-09-2025 with the NBB · fiscal year 2024 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~41.3%/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).
€20.72M
+4.8%
21-24
€-959k
+45.3%
21-24
€-1.02M
+43.8%
21-24
€-950k
+45.8%
21-24
€2.22M
+6.5%
21-24
€-5.07M
-25.2%
21-24
€-4.86M
-15.3%
21-24
€-950
-
21-24
Show 11 other metrics
€7.28M
+18.8%
21-24
€6.77M
+13.5%
21-24
0.28
-3.7%
21-24
0.27
-3.8%
21-24
-228.5%
-17.5%
21-24
-1.44
+5.1%
21-24
20.1%
-55.1%
21-24
-46.0%
+47.3%
21-24
-4.9%
+46.4%
21-24
-4.6%
+47.9%
21-24
-10563.22
-2174.7%
21-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €20.72M |
| EBITDA | €-959k |
| Net profit | €-1.02M |
| Cash flow | €-950k |
| Staff costs | - |
| Income taxes | €-950 |
| Dividends | - |
| Total assets | €2.22M |
| Equity | €-5.07M |
| Debt | €7.28M |
| of which ≤ 1y | €6.77M |
| of which > 1y | - |
| Working capital | €-4.86M |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.28 |
| Quick ratio | 0.27 |
| Working capital ratio | -219.4% |
| Solvency | -228.5% |
| Debt / equity | -1.44 |
| Long-term debt ratio | - |
| Interest coverage | -10563.22 |
| Gross margin | 85.8% |
| Net margin | -4.9% |
| ROA | -46.0% |
| ROE | 20.1% |
| EBITDA margin | -4.6% |
| Days sales outstanding | 14d |
| Days payable outstanding | 801d |
| Inventory turnover | 26.88 |
| Days inventory (DSI) | 14d |
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.22M |
| Fixed assets | 21/28 | €308k |
| Intangible fixed assets | 21 | €838 |
| Tangible fixed assets | 22/27 | €293k |
| Financial fixed assets | 28 | €14k |
| Current assets | 29/58 | €1.91M |
| Stocks & contracts in progress | 3 | €110k |
| Amounts receivable within one year | 40/41 | €1.13M |
| Cash & bank | 54/58 | €559k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.22M |
| Equity | 10/15 | €-5.07M |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-5.13M |
| Amounts payable | 17/49 | €7.28M |
| Amounts payable within one year | 42/48 | €6.77M |
| Trade debts payable within one year | 44 | €6.47M |
| Income statement | ||
| Turnover | 70 | €20.72M |
| Operating result | 9901 | €-1.03M |
| Financial income | 75 | €13k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-1.02M |
| Income taxes | 67/77 | €-950 |
| Net result for the period | 9904 | €-1.02M |
| Result to be appropriated | 9905 | €-1.02M |
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed5
/ 100
Critical
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
5 directorsCurrent directors & mandates
-
Current13-03-2025 → present
-
Current01-12-2020 → present
Former directors (3)
-
Former01-12-2020 → 24-10-2025
2 events
- 24-10-2025 Resigned· Manager
- 01-12-2020 Appointed· Managing director
-
Former- → 13-03-2025
-
Former- → 13-03-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
1 auditor| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Ernst et Young Reviseurs d'EntreprisesCurrent Statutory auditor · represented by Thomas MEURICE |
- | 22-12-2020 → present |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Ontwikkeling van residentiële bouwprojecten(68121) |
| Legal form | Public limited company(014) |
| Incorporation | 25-08-2020 |
| Status | Active |
| Postal code | 1060 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Charleroise Steenweg 38-401060 Sint-Gillis (bij-Brussel)Establishment units
5 locationsCFH Penta Belgian
since 20202.307.467.870
Penta Hotel Leuven
since 20202.309.861.493
Penta Hotel Brussels Airport
since 20202.309.861.592
Pentahotel Liège
since 20202.309.861.691
Pentahotel Brussels City Centre
since 20202.309.861.889
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels4
Ground area1.5 ha
Buildings4
Building footprint4,893 m²
Volume (LiDAR)65,200 m³
Tallest building31.1 m · ±8 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(50%)
Wallonia
1
(25%)
Brussels
1
(25%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0115/00B002 | Flanders | 4,902 m² | 1 · 1,369 m² | 15.3 m · 1 fl. |
| 21013B0040/00C021 | Brussels | 4,310 m² | 1 · 1,507 m² | 31.1 m · 8 fl. |
| 24502B1007/00W000 | Flanders | 3,426 m² | 1 · 1,140 m² | 24.1 m · 5 fl. |
| 62813E0297/00A002 | Wallonia | 2,802 m² | 1 · 878 m² | 18.8 m · 5 fl. |
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
6 acts All acts · 6
updated 9 months ago
2025
21-11-2025 Corinne Bornefeld resigns as manager
18-03-2025 1 director appointed, 2 resigning
- BENZINE Mehdi, Bestuurder
- SCHNEIDER Rolf, Bestuurder
- SALDEN Jörg Steffen, Bestuurder
Summary:
v3.2
02-01-2025 Thomas MEURICE reappointed as statutory auditor
2021
15-01-2021 Marie Kaisin appointed as statutory auditor
2020
22-12-2020 2 directors appointed
- Corinne Bornefeld, Gedelegeerd bestuurder
- Rogier Braakman, Gedelegeerd bestuurder
Summary:
v3.2
27-08-2020 Incorporation of a new SNC
Summary:
oprichting
Analysis
Financial profile
5 of 5 axes measured49
/ 100
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
Health
5
Profitability
33
Solvency
33
Growth
72
Stability
100
Credit advice
verdict per customer and amountSimilar
Similar companies
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 2,019 of the 9,653 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten68122Hotels en dergelijke accommodatie55100Vermogensbeheer66300Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Activiteiten van hoofdkantoren70100
Primary activity highlighted.
Names & trade names
| Legal nameFR | CFH Penta Belgian |
Registered office
Charleroise Steenweg 38-40
1060 Sint-Gillis (bij-Brussel), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.