CFL cargo Belgium
ActiveSummary
CFL cargo Belgium has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171,181 and a net result of -€48,210. Equity has been shrinking by about 13% per year since 2018. Its solvency ranks better than 28% of 1,081 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 05-12-2002 Normal situation
- Activity
- Freight transport by road NACE 49410and 1 other
- Joint committee
- 226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
- Establishment units
- 2.131.604.296 2040 Antwerpen, since 21-05-2003
- 2.353.015.409 6791 Aubange, since 01-03-2023and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- Bertrand Gilles J. DELAHAUTDaily manager
- Maximilien Michel Claude SOLVIDirector · since 04-12-2025
- Rocco BRONDEAUDirector · since 04-12-2025
- CFL Cargo100%annual accounts 2025
- Société Nationale des Chemins de Fer Luxembourgeoisconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €1.3m
- ▲ 23.8%
- Turnover
- ≈ €2.4m
- estimated
- Loss
- €48,210
- ▲ 16.4%
- Equity
- €171,181
- ▼ 22.0%
- Total assets
- €803,367
- ▼ 24.3%
- Employees on 31-12-2025
- 11
- ▲ 10.0%
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)Loss of €48,210, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 1.26, cash €521,830Founded in 2002Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, small). It does better than 27% of them on solvency, 72% on liquidity, 7% on profitability and 11% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: 5 loss-making years in a rowloss in financial year 2025 -€48,210 View
- Caution: Lower net result than 82% of companies in land transportsector median €48,737 · 1,079 companies -€48,210 View
- Board changedlatest change 10-12-2025 · 4 in office 3 joined · 3 left View
- Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
Recent changes
- · Gazette deed Capital decrease of €92,331.81 to €157,668.19
- · Gazette deed Company renamed from CFL PORT SERVICES to CFL cargo BelgiumResignations: Barbara CHEVALIER, Laurent ERHARD and Marc KENNEL · Appointments: Sébastien HOFFMANN, Maximilien Michel Claude SOLVI and Rocco BRONDEAU
- · Gazette deed Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
Comparable companies
These companies have the same main activity as CFL cargo Belgium: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €776,000 and €1.1m, founded between 1996 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| CFL cargo Belgium Antwerpen | €0.8m | €1.3m |
| BMV TRANSPORT Rijkevorsel | €1.0m | €1.0m |
| Dribeth Essen | €0.8m | €0.9m |
| INTERVOEREN Ravels | €0.9m | €1.3m |
| TransconR Arendonk | €1.1m | €1.3m |
| PTQ Transport & Logistics Kasterlee | €1.0m | €0.7m |
| TRANSPORT WALTBRECHTS en Co Lier | €0.8m | €0.8m |
Key facts about CFL cargo Belgium
- What is the company number of CFL cargo Belgium?
- The company number of CFL cargo Belgium is 0478.956.207. The VAT number is the same number with BE in front: BE 0478.956.207.
- Where is CFL cargo Belgium based?
- The registered office is at Scheldelaan 800, 2040 Antwerpen.Company details
- What does CFL cargo Belgium do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of CFL cargo Belgium?
- The legal form of CFL cargo Belgium is Public limited company (NV).
- When was CFL cargo Belgium founded?
- CFL cargo Belgium was founded on 05-12-2002.
- Is CFL cargo Belgium still active?
- Yes, CFL cargo Belgium is an active enterprise in the KBO register.
- How many employees does CFL cargo Belgium have?
- CFL cargo Belgium had an average of 10.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CFL cargo Belgium fall under?
- In its 2025 annual accounts, CFL cargo Belgium states joint committee 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
- What is the turnover of CFL cargo Belgium?
- The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €1.3m and 31 comparable companies (NACE 49410). It probably lies between €2.1m and €2.8m.
- Is CFL cargo Belgium profitable?
- In financial year 2025, CFL cargo Belgium made a loss of €48,210.
- Where can I find the annual accounts of CFL cargo Belgium?
- CFL cargo Belgium filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CFL cargo Belgium due?
- CFL cargo Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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