CFK PROJECTS
ActiveSummary
CFK PROJECTS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €-4k. Equity is shrinking by ~22.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 23% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▼-3
Solvency46▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.48 in 2024; short-term debt: 43.3% and cash: 1% of total assets), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.2%
Return on assets
-2.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 8663 sector peers (2025).
NBB · sector comparisonPosition among 8663 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
3 d early
2023
26 d late
2022
29 d late
2021
31 d late
2020
30 d late
2019
48 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€31k▼ 12.2%
2024 · €36k
2018: €235k
2019: €243k
2020: €255k
2021: €200k
2022: €155k
2023: €39k
2024: €36k
2018 → 2025
Total assets
€148k▼ 2.7%
2024 · €152k
2018: €5.43M
2019: €4.74M
2020: €3.50M
2021: €1.87M
2022: €1.07M
2023: €311k
2024: €152k
2018 → 2025
Net result
€-4k▼ 45.0%
2024 · €-3k
2018: €328k
2019: €8k
2020: €362k
2021: €-55k
2022: €-45k
2023: €9k
2024: €-3k
2018 → 2025
Working capital
€-53k▼ 57.8%
2024 · €-34k
2018: €407k
2019: €361k
2020: €625k
2021: €289k
2022: €237k
2023: €-31k
2024: €-34k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€200k-€155k▼ 22.6%€39k▼ 75.0%€36k▼ 7.7%€31k▼ 12.2%
Operating result€-21k-€7k€8k▲ 17.9%€-8k€-7k▲ 21.6%
Net result€-55k-€-45k▲ 17.9%€9k€-3k€-4k▼ 45.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €8k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148k
Fixed assets
€137k ▲ 13.2%
Current assets
€11k ▼ 64.8%
Equity and liabilities €148k
Equity
€31k ▼ 12.2%
Debt
€116k ▲ 0.2%
Debt's share of the balance-sheet total rises from 76.5% to 78.8%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.17▼
2024 · 0.48
Debt to equity
3.72▲
2024 · 3.26
ROE
-13.8%▼
2024 · -8.4%
ROA
-2.9%▼
2024 · -2.0%
Debt ≤ 1 year
€64k▼
2024 · €64k
Debt > 1 year
€51k▲
2024 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€152k€148k▼
Fixed assets21/28€121k€137k▲
Financial fixed assets28€121k€137k▲
Current assets29/58€31k€11k▼
Amounts receivable within one year40/41€5k€5k▲
Trade receivables40€0-
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€17k€1k▼
Deferred charges and accrued income490/1€8k€4k▼
Equity and liabilities
Total equity and liabilities10/49€152k€148k▼
Equity10/15€36k€31k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€15k€11k▼
Amounts payable17/49€116k€116k▲
Amounts payable after more than one year17€49k€51k▲
Financial debts170/4€49k€51k▲
Amounts payable within one year42/48€64k€64k▼
Trade debts44€55k€57k▲
Suppliers440/4€55k€57k▲
Advances received on contracts in progress46€2k€0▼
Taxes, remuneration and social security45€1€0▼
Taxes450/3€1€0▼
Other amounts payable47/48€7k€7k=
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€1k€654▼
Gross operating margin9900€-7k€-6k▲
Operating profit (loss)9901€-8k€-7k▲
Financial income75/76B€8k€4k▼
Recurring financial income75€8k€4k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-3k€-4k▼
Profit (loss) for the period9904€-3k€-4k▼
Profit (loss) for the period to be appropriated9905€-3k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€11k▼
Profit (loss) brought forward from the previous period14P€18k€15k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-55k ▼115%
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €362k ▲4299%
Operating result €424k, net result €362k, both a record.
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 48 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 1 day late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2012
Cannot 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.
Ter Reigerie 58800 RoeselareGround area
1.4 ha
Building footprint
1,030 m²
Volume, LiDAR
10,927 m³
Parcel 36504D0232/00T000, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CFK Projects
since 20122.207.152.153
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36504D0232/00T000 | Flanders | 1.4 ha | 1 · 1,029 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ADIMCO SERVICES
BE 0874.546.060
Antwerpen · Eq €31,273
m.ever
BE 1011.716.235
Antwerpen · Eq €31,273
Guidon Projects
BE 0791.957.587
Waregem · Eq €31,270
Andreas Vermeiren
BE 1011.883.511
Antwerpen · Eq €31,270
BOLDIMMO
BE 0453.165.984
Houthalen-Helchteren · Eq €31,277
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 34,724 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
87999Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.