CFR CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of CFR CONSTRUCT is 9.6% (elevated). The 2024 annual accounts show equity of €26,041 and a net result of €11,166. Equity has been growing by about 144% per year since 2022. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-07-2021 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.323.809.402 1060 Sint-Gillis (bij-Brussel), since 13-07-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 9.6%
- Gross margin
- €13,566
- ▼ 60.9%
- Turnover
- ≈ €100,000
- estimated
- Profit
- €11,166
- ▼ 59.8%
- Equity
- €26,041
- ▲ 88.6%
- Total assets
- €85,856
- ▲ 70.4%
- 2025 accounts not filed, 94 days past the deadline
Score breakdownraises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 17-07-2025)1 financial year not filed after the legal deadlineSector: Construction of residential and non-residential buildings (NACE 41)Show the evidence
Checked score
About 1 in 10 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 41, micro). It does better than 37% of them on solvency, 13% on liquidity, 68% on profitability and 87% 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 3 accounts on average 27 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.
Annual accounts 2024 filed on 16-07-2025 PDF all 3 filings
2022 to 2024, 3 financial years
The operating result for 2024 is 63% lower than in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Use the arrow keys on the chart for the figures per year.
Investments
| Item | 2022 | 2023 | 2024 |
|---|---|---|---|
| Tangible fixed assets | €1,650 | - | - |
| Intangible fixed assets | €2,479 | - | - |
| Depreciation and write-downs of the year | €550 | €733 | €917 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €141,901 | €147,818 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €153,714 | €113,096 | €121,712 | ▲ 7.6% |
| Remuneration, social security and pensions62 | €1,021 | €256 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €550 | €733 | €917 | ▲ 25.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €0 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €0 | - |
| Other operating charges640/8 | €1,973 | €306 | €265 | ▼ 13.6% |
| Operating charges capitalised as restructuring costs649 | - | - | €0 | - |
| Gross operating margin9900 | -€11,813 | €34,723 | €13,566 | ▼ 60.9% |
| Operating profit (loss)9901 | -€15,357 | €33,427 | €12,385 | ▼ 62.9% |
| Financial income75/76B | €55 | - | €0 | - |
| Recurring financial income75 | €55 | - | €0 | - |
| Financial charges65/66B | €556 | €1,062 | €1,219 | ▲ 14.7% |
| Recurring financial charges65 | €556 | €1,062 | €1,219 | ▲ 14.7% |
| Profit (loss) for the period before taxes9903 | -€15,858 | €32,365 | €11,166 | ▼ 65.5% |
| Transfer from deferred taxes780 | - | - | €0 | - |
| Transfer to deferred taxes680 | - | - | €0 | - |
| Income taxes67/77 | - | €4,603 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€15,858 | €27,762 | €11,166 | ▼ 59.8% |
| Transfer from tax-exempt reserves789 | - | - | €0 | - |
| Transfer to tax-exempt reserves689 | - | - | €0 | - |
| Profit (loss) for the period to be appropriated9905 | -€15,858 | €27,762 | €11,166 | ▼ 59.8% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €13,731 | €50,396 | €85,856 | ▲ 70.4% |
| Formation expenses20 | - | - | €0 | - |
| Fixed assets21/28 | €4,129 | €3,396 | €2,479 | ▼ 27.0% |
| Intangible fixed assets21 | €2,479 | €2,479 | €2,479 | = |
| Tangible fixed assets22/27 | €1,650 | €917 | €0 | ▼ 100% |
| Land and buildings22 | - | - | €0 | - |
| Plant, machinery and equipment23 | - | - | €0 | - |
| Furniture and vehicles24 | €1,650 | €917 | €0 | ▼ 100% |
| Leasing and similar rights25 | - | - | €0 | - |
| Other tangible fixed assets26 | - | - | €0 | - |
| Assets under construction and advance payments27 | - | - | €0 | - |
| Financial fixed assets28 | - | - | €0 | - |
| Current assets29/58 | €9,602 | €47,000 | €83,377 | ▲ 77.4% |
| Amounts receivable after more than one year29 | - | - | €0 | - |
| Trade receivables290 | - | - | €0 | - |
| Other amounts receivable291 | - | - | €0 | - |
| Stocks and contracts in progress3 | - | - | €0 | - |
| Stocks30/36 | - | - | €0 | - |
| Contracts in progress37 | - | - | €0 | - |
| Amounts receivable within one year40/41 | €9,602 | €46,813 | €81,467 | ▲ 74.0% |
| Trade receivables40 | - | €46,813 | €76,862 | ▲ 64.2% |
| Other amounts receivable41 | €9,602 | - | €4,605 | - |
| Current investments50/53 | - | - | €0 | - |
| Cash at bank and in hand54/58 | - | €187 | €1,910 | ▲ 923% |
| Deferred charges and accrued income490/1 | - | - | €0 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €13,731 | €50,396 | €85,856 | ▲ 70.4% |
| Equity10/15 | -€13,858 | €13,811 | €26,041 | ▲ 88.6% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Revaluation surpluses12 | - | - | €0 | - |
| Reserves13 | - | - | €0 | - |
| Non-distributable reserves130/1 | - | - | €0 | - |
| Reserves not available under the articles1311 | - | - | €0 | - |
| Own shares acquired1312 | - | - | €0 | - |
| Financial assistance1313 | - | - | €0 | - |
| Other1319 | - | - | €0 | - |
| Tax-exempt reserves132 | - | - | €0 | - |
| Distributable reserves133 | - | - | €0 | - |
| Profit (loss) carried forward14 | -€15,858 | €11,811 | €24,041 | ▲ 104% |
| Investment grants15 | - | - | €0 | - |
| Advance to shareholders on the distribution of net assets19 | - | - | €0 | - |
| Provisions and deferred taxes16 | - | - | €0 | - |
| Provisions for liabilities and charges160/5 | - | - | €0 | - |
| Pensions and similar obligations160 | - | - | €0 | - |
| Taxes161 | - | - | €0 | - |
| Major repairs and maintenance162 | - | - | €0 | - |
| Environmental obligations163 | - | - | €0 | - |
| Other liabilities and charges164/5 | - | - | €0 | - |
| Deferred taxes168 | - | - | €0 | - |
| Amounts payable17/49 | €27,589 | €36,585 | €59,815 | ▲ 63.5% |
| Amounts payable after more than one year17 | - | - | €0 | - |
| Financial debts170/4 | - | - | €0 | - |
| Trade debts175 | - | - | €0 | - |
| Advances received on contracts in progress176 | - | - | €0 | - |
| Other amounts payable178/9 | - | - | €0 | - |
| Amounts payable within one year42/48 | €27,589 | €36,585 | €59,815 | ▲ 63.5% |
| Current portion of amounts payable after more than one year42 | - | - | €0 | - |
| Financial debts43 | €3,719 | - | €0 | - |
| Credit institutions430/8 | €3,719 | - | €0 | - |
| Other loans439 | - | - | €0 | - |
| Trade debts44 | €18,623 | €25,241 | €42,153 | ▲ 67.0% |
| Suppliers440/4 | €18,623 | €25,241 | €42,153 | ▲ 67.0% |
| Bills of exchange payable441 | - | - | €0 | - |
| Advances received on contracts in progress46 | - | - | €0 | - |
| Taxes, remuneration and social security45 | €5,248 | €5,422 | €8,651 | ▲ 59.6% |
| Taxes450/3 | - | €5,422 | €4,603 | ▼ 15.1% |
| Remuneration and social security454/9 | €5,248 | - | €4,048 | - |
| Other amounts payable47/48 | - | €5,922 | €9,011 | ▲ 52.2% |
| Accrued charges and deferred income492/3 | - | - | €0 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,858 | €27,762 | €11,166 | ▼ 59.8% |
| + Depreciation and write-downs630 | €550 | €733 | €917 | ▲ 25.0% |
| Operating cash flow (approximation) | -€15,308 | €28,495 | €12,083 | ▼ 57.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | - | €1,723 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 26,972 companies had the same profile as CFR CONSTRUCT has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CFR CONSTRUCT itself is higher: 9.6% within 12 months. It rests on far more data about CFR CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for CFR CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- DIAS DA SILVA JULIO CESAR all shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DIAS DA SILVA JULIO CESAR |
|
| FERNANDES RODRIGUES CRISTIANO |
|
Network & group
CFR CONSTRUCT shares no director with another company.
Companies at the same address
5 other companiesConnections & network
1 current directorThe network starts from the directors of CFR CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
13-05
Gazette deed
Registered office moved from Sint-Gillis to BrusselResignation: FERNANDES RODRIGUES CRISTIANO (director) · Appointment: DIAS DA SILVA JULIO CESAR (director) · Director discharge7 points ▸
- General meeting, 30-09-2025
- Director resignation, FERNANDES RODRIGUES CRISTIANO (director)
- Director discharge, FERNANDES RODRIGUES CRISTIANO (director)
- Director appointment, DIAS DA SILVA JULIO CESAR (director)
- Share transfer, DIAS DA SILVA JULIO CESAR
- DIAS DA SILVA JULIO CESAR holds all the shares
- Registered-office move, Van Gaverstraat 15-1000 BRUSSEL
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21013B0055/00H004 | Brussels | 186 m² | 1 · 130 m² | 18.8 m · 5 |
| 21812N1411/00H000 | Brussels | 57 m² | 1 · 57 m² | 16.5 m · 5 |