CFM
ActiveSummary
CFM has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71.2m and a net result of €2.1m, of which €1.1m non-recurring income. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 85% of 5,776 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Buying and selling of own real estate
NACE 68110Business and other management consultancy NACE 70200
1 site
Size
€2.3moperating revenue 2025
- Staff
- 2 FTE
- Equity
- €71.2m
- Profit
- €2.1m
Net result +611%: 12-month year
Structure
- Holdings
- 4
- White & Moore StablesDirector · permanent representative Marie-Julie-Pascale Cracco
2025 accounts 70 days early4 of 17 deeds summarised
Why 96raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 4.91, cash €13.8mSize: turnover €1.1m, 2 FTE, total assets €81.3mEquity €71.2m (87.6% of total assets)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency
100=
equity 87.6% of total assets
Liquidity
71+13
short-term debt 11.1% · cash 17.0%
Profitability
76+21
return on assets 2.6%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%lowest value
12-2024: < 0.1%● unchanged vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: 0.1%▲ +0.1 percentage points vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: < 0.1%▼ -0.1 percentage points vs 01-2026
03-2026: 0.1%▲ +0.1 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.91, compared with 4.76 in 2024, above the usual 1.5; short-term debt: 11.1% and cash: 17% of total assets), and 12.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 80% on liquidity, 71% on profitability and 35% on growth.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 days early
2024
31 days early
2023
24 days early
2022
25 days early
2021
50 days early
2020
on the day
2019
15 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Registered officeRegistered-office move · Power of…
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
Turnover
€1.1m▼ 30.4%
2024 · €1.6m
EBIT margin
78.4%▲ 78.2pp
2024 · 0.2%
Net result
€2.1m▲ 611%
2024 · €293,274
Working capital
€35.2m▲ 4.0%
2024 · €33.9m
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 264 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€1.1m
2025
Operating result€0.9m
2025
Net result€2.1m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€81.3m
2025
Equity€71.2m
2025
Debt€9.8m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€35.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin78.4%
2025
Return on assets (ROA)2.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency87.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio4.91
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)2
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Turnover€1.3m-€1.4m▲ 3.3%€1.2m▼ 9.0%€1.3m▲ 4.9%€1.2m▼ 4.2%€1.6m▲ 31.7%€1.1m▼ 30.4%
Operating result€1.4m--€1.7m€3.0m€0.09m▼ 97.0%€0.1m▲ 45.0%€0.003m▼ 97.4%€0.9m▲ 264×
Net result€0.8m--€2.5mbelow the sector's middle half€2.2mabove the sector's middle half€0.2mabove the sector's middle half▼ 89.3%-€0.01mwithin the sector's middle half€0.3mabove the sector's middle half€2.1mabove the sector's middle half▲ 611%
EBIT margin103.9%--124.5%▼ 228.4pp246.1%▲ 370.6pp7.0%▼ 239.2pp10.6%▲ 3.6pp0.2%▼ 10.3pp78.4%▲ 78.2pp
Equity€69.0m-€66.5mabove the sector's middle half▼ 3.6%€68.7mabove the sector's middle half▲ 3.2%€68.9mabove the sector's middle half▲ 0.3%€68.9mabove the sector's middle half=€69.2mabove the sector's middle half▲ 0.4%€71.2mabove the sector's middle half▲ 3.0%
Total assets€77.3m-€72.9mabove the sector's middle half▼ 5.7%€72.6mabove the sector's middle half▼ 0.4%€71.5mabove the sector's middle half▼ 1.5%€79.4mabove the sector's middle half▲ 11.0%€79.7mabove the sector's middle half▲ 0.5%€81.3mabove the sector's middle half▲ 2.0%
Debt€8.3m-€6.4m▼ 23.7%€3.6m▼ 43.8%€2.3m▼ 36.3%€10.2m▲ 347%€10.3m▲ 1.0%€9.8m▼ 4.6%
Working capital€48.8m-€48.6mabove the sector's middle half▼ 0.3%€48.4mabove the sector's middle half▼ 0.4%€33.5mabove the sector's middle half▼ 30.8%€33.9mabove the sector's middle half▲ 1.4%€33.9mabove the sector's middle half▼ 0.2%€35.2mabove the sector's middle half▲ 4.0%
Solvency89.2%-91.3%above the sector's middle half▲ 2.1pp94.6%above the sector's middle half▲ 3.3pp96.4%above the sector's middle half▲ 1.8pp86.8%above the sector's middle half▼ 9.6pp86.8%above the sector's middle half=87.6%above the sector's middle half▲ 0.9pp
Current ratio14.48-20.00above the sector's middle half▲ 5.5235.14above the sector's middle half▲ 15.1453.77above the sector's middle half▲ 18.634.79above the sector's middle half▼ 48.984.76above the sector's middle half▼ 0.034.91above the sector's middle half▲ 0.15
Return on assets (ROA)1.1%--3.4%below the sector's middle half▼ 4.4pp3.0%within the sector's middle half▲ 6.3pp0.3%within the sector's middle half▼ 2.6pp0.0%within the sector's middle half▼ 0.3pp0.4%within the sector's middle half▲ 0.4pp2.6%within the sector's middle half▲ 2.2pp
Staff (FTE)0.7-2.1within the sector's middle half▲ 200%2within the sector's middle half▼ 4.8%1.9within the sector's middle half▼ 5.0%1.6within the sector's middle half▼ 15.8%2within the sector's middle half▲ 25.0%2within the sector's middle half=
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
- 2025 Net result +611% on 2024. The previous financial year ran 16 months, this one 12.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81.3m
Fixed assets
€37.1m ▲ 0.7%
Current assets
€44.2m ▲ 3.1%
Equity and liabilities €81.3m
Equity
€71.2m ▲ 3.0%
Provisions
€251,329 ▼ 7.6%
Debt
€9.8m ▼ 4.6%
Debt's share of the balance-sheet total falls from 12.9% to 12.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.4m▲
2024 · €776,339
Cash flow
€2.6m▲
2024 · €1.1m
Debt to equity
0.14▼
2024 · 0.15
ROE
2.9%▲
2024 · 0.4%
Interest coverage
5.00▲
2024 · 1.58
Debt ≤ 1 year
€9.0m=
2024 · €9.0m
Debt > 1 year
€525,542▼
2024 · €761,721
Income taxes
€99,111▲
2024 · €532
Staff costs
€97,326▼
2024 · €135,591
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94.4%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,041 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €1.5m | €1.5m | €1.9m | €2.3m | ▲ 18.4% |
| Turnover70 | €1.3m | €1.4m | €1.2m | €1.3m | €1.2m | €1.6m | €1.1m | ▼ 30.4% |
| Other operating income74 | - | - | - | €0.04m | €0.03m | €0.09m | €0.03m | ▼ 65.9% |
| Non-recurring operating income76A | - | - | - | €0.1m | €0.3m | €0.2m | €1.1m | ▲ 405% |
| Operating charges60/66A | - | - | - | €1.4m | €1.4m | €1.9m | €1.4m | ▼ 27.2% |
| Goods for resale, raw materials and consumables60 | - | - | - | €0.4m | €0.4m | €0.5m | €0.5m | ▼ 11.0% |
| Purchases600/8 | - | - | - | €0.4m | €0.4m | €0.5m | €0.5m | ▼ 11.0% |
| Services and other goods61 | - | - | - | €0.3m | €0.2m | €0.5m | €0.3m | ▼ 37.5% |
| Remuneration, social security and pensions62 | - | - | - | €0.08m | €0.07m | €0.1m | €0.1m | ▼ 28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.7m | €0.7m | €0.6m | €0.6m | €0.6m | €0.8m | €0.5m | ▼ 28.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.04m | €357 | ▼ 99.0% |
| Other operating charges640/8 | - | - | - | €0.003m | €0.01m | €0.007m | €0.007m | ▼ 0.1% |
| Non-recurring operating charges66A | - | - | - | €0.01m | €0.05m | €0 | - | - |
| Operating profit (loss)9901 | €1.4m | -€1.7m | €3.0m | €0.09m | €0.1m | €0.003m | €0.9m | ▲ 264× |
| Financial income75/76B | - | - | - | €1.0m | €0.6m | €2.0m | €1.6m | ▼ 17.3% |
| Recurring financial income75 | €1.0m | €0.8m | €0.8m | €1.0m | €0.6m | €1.6m | €1.6m | ▲ 3.6% |
| Income from financial fixed assets750 | - | - | - | €2 | €0 | - | - | - |
| Income from current assets751 | - | - | - | €0.5m | €0.6m | €1.3m | €0.8m | ▼ 38.8% |
| Other financial income752/9 | - | - | - | €0.5m | €0.06m | €0.3m | €0.8m | ▲ 199% |
| Non-recurring financial income76B | - | - | - | - | - | €0.4m | €0.002m | ▼ 99.5% |
| Financial charges65/66B | - | - | - | €0.8m | €0.8m | €1.7m | €0.3m | ▼ 79.6% |
| Recurring financial charges65 | €1.5m | €1.5m | €1.3m | €0.8m | €0.4m | €1.3m | €0.3m | ▼ 73.4% |
| Debt charges650 | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.5m | €0.3m | ▼ 41.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €0.6m | -€0.2m | €0.06m | -€0.1m | - |
| Other financial charges652/9 | - | - | - | €0.06m | €0.5m | €0.8m | €0.2m | ▼ 77.6% |
| Non-recurring financial charges66B | - | - | - | - | €0.4m | €0.4m | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €0.8m | -€2.5m | €2.5m | €0.2m | -€0.03m | €0.3m | €2.2m | ▲ 741% |
| Transfer from deferred taxes780 | - | - | - | €0.02m | €0.02m | €0.04m | €0.02m | ▼ 43.6% |
| Transfer to deferred taxes680 | - | - | - | €0 | - | - | - | - |
| Income taxes67/77 | - | €367 | €273 | €0.007m | €320 | €0.001m | €0.1m | ▲ 186× |
| Taxes670/3 | - | - | - | €0.007m | €320 | €0.001m | €0.1m | ▲ 186× |
| Profit (loss) for the period9904 | €0.8m | -€2.5m | €2.2m | €0.2m | -€0.01m | €0.3m | €2.1m | ▲ 611% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.06m | €0.06m | €0.1m | €0.06m | ▼ 43.6% |
| Transfer to tax-exempt reserves689 | - | - | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.8m | -€2.5m | €1.1m | €0.3m | €0.05m | €0.4m | €2.1m | ▲ 433% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €77.3m | €72.9m | €72.6m | €71.5m | €79.4m | €79.7m | €81.3m | ▲ 2.0% |
| Fixed assets21/28 | €24.9m | €21.7m | €22.8m | €37.4m | €36.5m | €36.8m | €37.1m | ▲ 0.7% |
| Tangible fixed assets22/27 | €21.8m | €18.6m | €19.7m | €19.0m | €18.1m | €17.0m | €15.7m | ▼ 8.1% |
| Land and buildings22 | - | - | - | €18.3m | €17.4m | €16.4m | €15.0m | ▼ 8.5% |
| Other tangible fixed assets26 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Financial fixed assets28 | €3.1m | €3.1m | €3.1m | €18.4m | €18.4m | €19.8m | €21.4m | ▲ 8.3% |
| Affiliated companies280/1 | - | - | - | €17.3m | €16.9m | €16.9m | €16.9m | = |
| Participating interests280 | - | - | - | €17.3m | €16.9m | €16.9m | €16.9m | = |
| Companies linked by participating interests282/3 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Participating interests282 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Other financial fixed assets284/8 | - | - | - | €0.6m | €1.0m | €2.4m | €4.0m | ▲ 69.7% |
| Shares284 | - | - | - | €0.5m | €0.9m | €2.2m | €3.8m | ▲ 74.8% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | ▼ 0.1% |
| Current assets29/58 | €52.4m | €51.1m | €49.8m | €34.1m | €42.9m | €42.9m | €44.2m | ▲ 3.1% |
| Stocks and contracts in progress3 | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €20.5m | €22.1m | €23.0m | €9.1m | €6.2m | €4.1m | €7.0m | ▲ 72.4% |
| Trade receivables40 | - | - | - | €0.06m | €0.1m | €0.02m | €214 | ▼ 98.9% |
| Other amounts receivable41 | - | - | - | €9.0m | €6.1m | €4.1m | €7.0m | ▲ 73.2% |
| Current investments50/53 | €5.2m | €5.5m | €6.3m | €7.6m | €28.4m | €32.7m | €23.0m | ▼ 29.5% |
| Own shares50 | - | - | - | - | €8.4m | €8.4m | €8.4m | = |
| Other investments51/53 | - | - | - | €7.6m | €20.0m | €24.3m | €14.6m | ▼ 39.8% |
| Cash at bank and in hand54/58 | €25.6m | €22.4m | €20.3m | €17.3m | €8.0m | €5.8m | €13.8m | ▲ 140% |
| Deferred charges and accrued income490/1 | - | - | - | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 12.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €77.3m | €72.9m | €72.6m | €71.5m | €79.4m | €79.7m | €81.3m | ▲ 2.0% |
| Equity10/15 | €69.0m | €66.5m | €68.7m | €68.9m | €68.9m | €69.2m | €71.2m | ▲ 3.0% |
| Contributions10/11 | €75.3m | - | - | €75.3m | €75.3m | €75.3m | €75.3m | = |
| Reserves13 | €0.09m | €0.09m | €1.1m | €1.1m | €9.5m | €9.4m | €9.3m | ▼ 0.7% |
| Non-distributable reserves130/1 | - | - | - | €0.09m | €8.4m | €8.4m | €8.4m | = |
| Reserves not available under the articles1311 | - | - | - | €0.09m | €0 | - | - | - |
| Own shares acquired1312 | - | - | - | - | €8.4m | €8.4m | €8.4m | = |
| Tax-exempt reserves132 | - | - | - | €1.0m | €0.9m | €0.8m | €0.8m | ▼ 7.6% |
| Distributable reserves133 | - | - | - | - | €0.09m | €0.09m | €0.09m | = |
| Profit (loss) carried forward14 | -€6.4m | -€8.8m | -€7.7m | -€7.4m | -€15.8m | -€15.4m | -€13.3m | ▲ 13.9% |
| Provisions and deferred taxes16 | - | - | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 7.6% |
| Deferred taxes168 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 7.6% |
| Amounts payable17/49 | €8.3m | €6.4m | €3.6m | €2.3m | €10.2m | €10.3m | €9.8m | ▼ 4.6% |
| Amounts payable after more than one year17 | €4.7m | €3.8m | €2.2m | €1.6m | €1.2m | €0.8m | €0.5m | ▼ 31.0% |
| Financial debts170/4 | - | - | - | €1.6m | €1.2m | €0.8m | €0.5m | ▼ 31.0% |
| Credit institutions173 | - | - | - | €1.6m | €1.2m | €0.8m | €0.5m | ▼ 31.0% |
| Amounts payable within one year42/48 | €3.6m | €2.6m | €1.4m | €0.6m | €9.0m | €9.0m | €9.0m | = |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.5m | €0.4m | €0.3m | €0.2m | ▼ 24.5% |
| Trade debts44 | €0.2m | €0.1m | €0.07m | €0.08m | €0.06m | €0.07m | €0.08m | ▲ 18.4% |
| Suppliers440/4 | - | - | - | €0.08m | €0.06m | €0.07m | €0.08m | ▲ 18.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.008m | €0.007m | €0.01m | €0.03m | ▲ 139% |
| Taxes450/3 | - | - | - | €0.002m | €0.003m | €0.001m | €0.02m | ▲ 16× |
| Remuneration and social security454/9 | - | - | - | €0.006m | €0.003m | €0.01m | €0.01m | ▼ 0.4% |
| Other amounts payable47/48 | - | - | - | €0.03m | €8.5m | €8.6m | €8.7m | ▲ 0.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | €0.01m | €0.5m | €0.3m | ▼ 46.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.8m | -€2.5m | €2.2m | €0.2m | -€0.01m | €0.3m | €2.1m | ▲ 611% |
| + Depreciation and write-downs630 | €0.7m | €0.7m | €0.6m | €0.6m | €0.6m | €0.8m | €0.5m | ▼ 28.8% |
| Operating cash flow (approximation) | €1.5m | -€1.8m | €2.7m | €0.9m | €0.6m | €1.1m | €2.6m | ▲ 147% |
| Investment in fixed assets (approximation) | - | €2.5m | -€1.6m | -€15.2m | €0.3m | -€1.1m | -€0.8m | ▲ 29.3% |
| Change in cash | - | -€3.2m | -€2.0m | -€3.1m | -€9.2m | -€2.3m | €8.1m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 22-05-2026 | 2026-00121814 |
| 31-12-2024 | full format | 30-06-2025 | 2025-00204920 |
| 31-08-2023 | full format | 07-03-2024 | 2024-00042272 |
| 31-08-2022 | full format | 06-03-2023 | 2023-00038938 |
| 31-08-2021 | full format | 09-02-2022 | 2022-05500069 |
| 31-08-2020 | full format | 31-03-2021 | 2021-09900165 |
| 31-08-2019 | full format | 15-04-2020 | 2020-09200266 |
| 31-08-2018 | full format | 25-04-2019 | 2019-11300218 |
| 31-08-2017 | abbreviated format | 27-02-2018 | 2018-05700263 |
| 31-08-2016 | abbreviated format | 24-03-2017 | 2017-07300531 |
Similar companies · same sector, comparable size
DIVANI
BE 0830.657.916
Gent · equity €71.1m
BEMO
BE 0784.819.476
Sint-Martens-Latem · equity €71.5m
TRIPLE LIVING
BE 0829.278.932
Antwerpen · equity €70.7m
VASTINT BELGIUM
BE 0426.275.111
Brussel · equity €72.1m
Bermaso
BE 0466.251.878
Schilde · equity €73.4m
Of the 7,223 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,530. 242 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €2,442 awarded · €167 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €86 |
| 2024 | 1 | €86 | €0 |
| 2023 | 1 | €81 | €81 |
| 2022 | 1 | €2,275 | €0 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2023
Board 1
White & Moore Stables
CurrentDirector · since 01-10-2023 · Private limited company · permanent representative: Marie-Julie-Pascale Cracco
Permanent representatives 1
Marie-Julie-Pascale Cracco
CurrentPermanent representative · since 01-10-2023 · for White & Moore Stables
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
13 of this company's 17 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2023, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| White & Moore Stables |
|
| BV Unit 7 |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
4 holdingsHoldings 4
Source for every holding own accounts 2025
- MOTORWORLDsubsidiaryEquity €7.5mResult €18,055100%
- My Belgian HomesubsidiaryEquity €1.5mResult €3.2m100%
-
100%
- Equity €1.9mResult €5,07220%
According to the 2025 annual accounts of CFM and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
4 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
B.O.E.M.M.
Shared corporate director
→
Digital Payroll Services
Shared corporate director
→
EL BEO
Shared corporate director
→
Work Today
Shared corporate director
→
Board mandates elsewhere
1 board mandateBoard mandates of this companythis company sits on their board1
143 locations
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
financial year 2025 · full format
23-04
Gazette deed
Registered officeRegistered-office move · Power of attorney3 facts ▸
Gazette deed
Registered office
Registered-office move · Power of attorney3 facts ▸
- Board meeting, 23-03-2026
- Registered-office move, Paula Marckxstraat 1, 9051 Gent
- Power of attorney, NV TITECA
2025
30-06
NBB filing
Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial
Back to profitnet €293,274
Net result €293,274 after one loss-making year.
15-03
Gazette deed
Amendment of the articlesPower of attorney4 facts ▸
Gazette deed
Amendment of the articles
Power of attorney4 facts ▸
- General meeting, 07-03-2024
- Power of attorney
- Amendment of the articles, 15
- Amendment of the articles, 21
07-03
NBB filing
Annual accounts filed
financial year 2023 · full format
04-03
Gazette deed
Resignation: Unit 7 BV (director)Permanent representative: Marie-Julie-Pascale Cracco · Appointment: White & Moore Stables BV (director)4 facts ▸
Gazette deed
Resignation: Unit 7 BV (director)
Permanent representative: Marie-Julie-Pascale Cracco · Appointment: White & Moore Stables BV (director)4 facts ▸
- General meeting, 14-11-2023
- Director resignation, Unit 7 BV (director)
- Permanent representative, Marie-Julie-Pascale Cracco (2 times)
- Director appointment, White & Moore Stables BV (director)
2023
06-03
NBB filing
Annual accounts filed
financial year 2022 · full format
2022
03-10
Gazette deed
Resignations: UNIT 7 (manager) and Megas Beheer (manager)Reappointments: UNIT 7 (director) and Megas Beheer (director) · Permanent representatives: CRACCO Marie-Julie-Pascale and CRACCO Pieter-Jan-Michiel · Name change14 facts ▸
Gazette deed
Resignations: UNIT 7 (manager) and Megas Beheer (manager)
Reappointments: UNIT 7 (director) and Megas Beheer (director) · Permanent representatives: CRACCO Marie-Julie-Pascale and CRACCO Pieter-Jan-Michiel · Name change14 facts ▸
- General meeting, “9031 Drongen, Antoon Catriestraat 39a, rechtspersonenregister te Gent (afdeling Gent)” (deed in Dutch)
- Name change, CFM
- Amendment of the articles (2 times)
- Capital conversion, “artikel 39, §2, tweede lid van de wet van 23-03-2019 tot invoering van het Wetboek van vennootschappen en verenigingen en houdende diverse bepalingen, statut…” (deed in Dutch)
- Capital
- Director resignation, UNIT 7 (manager)
- Director resignation, Megas Beheer (manager)
- Director reappointment, UNIT 7 (director)
- Director reappointment, Megas Beheer (director)
- Permanent representative, CRACCO Marie-Julie-Pascale
- Permanent representative, CRACCO Pieter-Jan-Michiel
- Director discharge, UNIT 7
- +2 further facts in this act
09-02
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
31-08
Financial
Back to profitnet €2.2m
Net result €2.2m after one loss-making year.
31-03
NBB filing
Annual accounts filed
financial year 2020 · full format
Show earlier events
2020
31-08
Financial
Weakest financial yearnet -€2.5m
Net result drops to -€2.5m, the lowest in the series; recovery starts the following year.
15-04
NBB filing
Annual accounts filed
financial year 2019 · full format · 15 days late
2019
25-04
NBB filing
Annual accounts filed
financial year 2018 · full format · 25 days late
2018
27-02
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
24-03
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 25 annual accounts filed, the latest 10 are here; all 25 are under Financials.
4 of 17 deeds read
About the unread acts
Of the 17 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPrivate limited company
Founded06-02-1997
Financial year end31-12
Trade name NL
CFM BV
Activities, NACEBEL 2025
68110Buying and selling of own real estate
70200Business and other management consultancy
47811Retail sale of cars and light vans (up to 3.5 tonnes)
64210Activities of holding companies
77110Renting and leasing of cars and light motor vehicles
Contact
E-mail
mjp@boemm.euGent
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459982017
Registered
21-10-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
254900X01RGUMIQHWI32
Environmental permits
2 applications in Flanders since 2024 · 1 granted
Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1997
Ground area
4,553 m²
Building footprint
534 m²
Building volume
18 m³
Parcel 44062A0318/00F002, Flanders · tallest building 4.0 m. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
CFM BV
since 1997unit no. 2.080.989.795
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44062A0318/00F002 | Flanders | 4,552 m² | 1 · 534 m² | 4.0 m |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CFM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit van het bestuursorgaan exploitatiezetels oprichten of opheffen wanneer en waar zij het nodig acht” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, algemene vergadering” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of May at 15:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed