CFT
ActiveSummary
CFT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €20k and a net result of €11k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 27% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+75
Solvency34▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 0.99 in 2023; short-term debt: 91% and cash: 0.5% of total assets), and 91.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
8.8%
Return on assets
5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
30 d late
2022
25 d late
2021
25 d late
2020
23 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€20k▲ 129%
2023 · €9k
2018: €75k
2019: €75k▲ +0.5% vs 2018
2020: €81k▲ +7.2% vs 2019
2021: €83k▲ +2.1% vs 2020
2022: €87k▲ +5.4% vs 2021highest in 7 years
2023: €9k▼ -90.2% vs 2022lowest in 7 years
2024: €20k▲ +129% vs 2023
2018 → 2024
Total assets
€222k▼ 7.9%
2023 · €241k
2018: €206k
2019: €201k▼ -2.5% vs 2018lowest in 7 years
2020: €244k▲ +21.3% vs 2019
2021: €343k▲ +40.9% vs 2020
2022: €353k▲ +2.9% vs 2021highest in 7 years
2023: €241k▼ -31.7% vs 2022
2024: €222k▼ -7.9% vs 2023
2018 → 2024
Net result
€11k
2023 · €-78k
2018: €4k
2019: €346▼ -91.4% vs 2018
2020: €5k▲ +1474% vs 2019
2021: €2k▼ -68.3% vs 2020
2022: €4k▲ +158% vs 2021
2023: €-78k▼ -1861% vs 2022lowest in 7 years
2024: €11k▲ +114% vs 2023highest in 7 years
2018 → 2024
Working capital
€11k
2023 · €-3k
2018: €81k
2019: €88k▲ +8.6% vs 2018
2020: €96k▲ +10.1% vs 2019highest in 7 years
2021: €95k▼ -1.0% vs 2020
2022: €82k▼ -14.5% vs 2021
2023: €-3k▼ -103% vs 2022lowest in 7 years
2024: €11k▲ +553% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€81k-€83k▲ 2.1%€87k▲ 5.4%€9k▼ 90.2%€20k▲ 129%
2020: €81k
2021: €83k▲ +2.1% vs 2020
2022: €87k▲ +5.4% vs 2021highest in 5 years
2023: €9k▼ -90.2% vs 2022lowest in 5 years
2024: €20k▲ +129% vs 2023
Operating result€7k-€5k▼ 29.5%€7k▲ 55.5%€-81k€11k
2020: €7k
2021: €5k▼ -29.5% vs 2020
2022: €7k▲ +55.5% vs 2021
2023: €-81k▼ -1224% vs 2022lowest in 5 years
2024: €11k▲ +114% vs 2023highest in 5 years
Net result€5k-€2k▼ 68.3%€4k▲ 158%€-78k€11k
2020: €5k
2021: €2k▼ -68.3% vs 2020
2022: €4k▲ +158% vs 2021
2023: €-78k▼ -1861% vs 2022lowest in 5 years
2024: €11k▲ +114% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €11k after a loss of €81k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €222k
Fixed assets
€9k ▼ 23.0%
Current assets
€214k ▼ 7.2%
Equity and liabilities €222k
Equity
€20k ▲ 129%
Debt
€203k ▼ 12.9%
Debt's share of the balance-sheet total falls from 96.5% to 91.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▲
2023 · €-76k
Cash flow
€14k▲
2023 · €-74k
Current ratio
1.06▲
2023 · 0.99
Debt to equity
10.36▼
2023 · 27.22
ROE
56.3%▲
2023 · -917.3%
ROA
5.0%▲
2023 · -32.5%
Interest coverage
51.37▲
2023 · -55.73
Debt ≤ 1 year
€202k▼
2023 · €233k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€241k€222k▼
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€3k€383▼
Plant, machinery and equipment23€575€383▼
Furniture and vehicles24€2k€0▼
Financial fixed assets28€8k€8k=
Current assets29/58€230k€214k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€228k€212k▼
Trade receivables40€227k€210k▼
Other amounts receivable41€672€2k▲
Cash at bank and in hand54/58€403€1k▲
Deferred charges and accrued income490/1€2k€144▼
Equity and liabilities
Total equity and liabilities10/49€241k€222k▼
Equity10/15€9k€20k▲
Contributions10/11€14k€14k=
Reserves13€2k€6k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€0€4k▲
Profit (loss) carried forward14€-7k€0▲
Amounts payable17/49€233k€203k▼
Amounts payable within one year42/48€233k€202k▼
Trade debts44€33k€7k▼
Suppliers440/4€33k€7k▼
Taxes, remuneration and social security45€4k€72▼
Taxes450/3€4k€72▼
Remuneration and social security454/9€0-
Other amounts payable47/48€196k€195k▼
Accrued charges and deferred income492/3€248€513▲
Income statement
Code20232024
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€3k€730▼
Gross operating margin9900€-74k€15k▲
Operating profit (loss)9901€-81k€11k▲
Financial income75/76B€3k€112▼
Recurring financial income75€3k€112▼
Financial charges65/66B€1k€268▼
Recurring financial charges65€1k€268▼
Profit (loss) for the period before taxes9903€-78k€11k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-78k€11k▲
Profit (loss) for the period to be appropriated9905€-78k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-78k€4k▲
Profit (loss) brought forward from the previous period14P-€-7k
Transfer from equity791/2€72k€0▼
Transfer to equity691/2€0€4k▲
To other reserves6921€0€4k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | €587 | €1k | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €4k | €4k | €3k | ▼ 36.5% |
| Other operating charges640/8 | - | €518 | €1k | €3k | €730 | ▼ 73.2% |
| Gross operating margin9900 | €13k | €10k | €14k | €-74k | €15k | ▲ 120% |
| Operating profit (loss)9901 | €7k | €5k | €7k | €-81k | €11k | ▲ 114% |
| Financial income75/76B | - | €475 | €658 | €3k | €112 | ▼ 96.8% |
| Recurring financial income75 | €3 | €475 | €658 | €3k | €112 | ▼ 96.8% |
| Financial charges65/66B | - | €255 | €1k | €1k | €268 | ▼ 80.5% |
| Recurring financial charges65 | €124 | €255 | €1k | €1k | €268 | ▼ 80.5% |
| Profit (loss) for the period before taxes9903 | €6k | €5k | €7k | €-78k | €11k | ▲ 114% |
| Income taxes67/77 | €967 | €3k | €2k | €0 | - | - |
| Profit (loss) for the period9904 | €5k | €2k | €4k | €-78k | €11k | ▲ 114% |
| Transfer from tax-exempt reserves789 | - | €9k | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €5k | €11k | €4k | €-78k | €11k | ▲ 114% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €244k | €343k | €353k | €241k | €222k | ▼ 7.9% |
| Fixed assets21/28 | €10k | €17k | €15k | €11k | €9k | ▼ 23.0% |
| Intangible fixed assets21 | €156 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €3k | €11k | €7k | €3k | €383 | ▼ 87.2% |
| Plant, machinery and equipment23 | - | €498 | €767 | €575 | €383 | ▼ 33.4% |
| Furniture and vehicles24 | - | €10k | €6k | €2k | €0 | ▼ 100% |
| Financial fixed assets28 | €6k | €6k | €8k | €8k | €8k | = |
| Current assets29/58 | €234k | €326k | €338k | €230k | €214k | ▼ 7.2% |
| Stocks and contracts in progress3 | €176k | €264k | €249k | €0 | - | - |
| Stocks30/36 | - | €264k | €249k | €0 | - | - |
| Amounts receivable within one year40/41 | €55k | €58k | €87k | €228k | €212k | ▼ 6.9% |
| Trade receivables40 | - | €57k | €86k | €227k | €210k | ▼ 7.6% |
| Other amounts receivable41 | - | €672 | €672 | €672 | €2k | ▲ 228% |
| Cash at bank and in hand54/58 | €226 | €1k | €532 | €403 | €1k | ▲ 155% |
| Deferred charges and accrued income490/1 | - | €4k | €2k | €2k | €144 | ▼ 90.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €244k | €343k | €353k | €241k | €222k | ▼ 7.9% |
| Equity10/15 | €81k | €83k | €87k | €9k | €20k | ▲ 129% |
| Contributions10/11 | - | €14k | €14k | €14k | €14k | = |
| Reserves13 | €67k | €69k | €73k | €2k | €6k | ▲ 221% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €67k | €72k | €0 | €4k | - |
| Profit (loss) carried forward14 | - | - | - | €-7k | €0 | ▲ 100% |
| Amounts payable17/49 | €163k | €261k | €266k | €233k | €203k | ▼ 12.9% |
| Amounts payable within one year42/48 | €138k | €231k | €256k | €233k | €202k | ▼ 13.1% |
| Trade debts44 | €32k | €61k | €78k | €33k | €7k | ▼ 77.1% |
| Suppliers440/4 | - | €61k | €78k | €33k | €7k | ▼ 77.1% |
| Taxes, remuneration and social security45 | - | €51k | €39k | €4k | €72 | ▼ 98.2% |
| Taxes450/3 | - | €49k | €37k | €4k | €72 | ▼ 98.2% |
| Remuneration and social security454/9 | - | €2k | €2k | €0 | - | - |
| Other amounts payable47/48 | - | €119k | €139k | €196k | €195k | ▼ 0.7% |
| Accrued charges and deferred income492/3 | - | €30k | €10k | €248 | €513 | ▲ 107% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €2k | €4k | €-78k | €11k | ▲ 114% |
| + Depreciation and write-downs630 | €4k | €5k | €4k | €4k | €3k | ▼ 36.5% |
| Operating cash flow (approximation) | €10k | €6k | €9k | €-74k | €14k | ▲ 118% |
| Investment in fixed assets (approximation) | - | €-12k | €-2k | €0 | €0 | - |
| Change in cash | - | €960 | €-655 | €-129 | €625 | ▲ 586% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-78k
Net result drops to €-78k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Poperinge · 1 establishment unit since 2003
Ground area
233 m²
Building footprint
141 m²
Volume, LiDAR
727 m³
Parcel 33021F0475/00C000, Flanders · tallest building 10.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CFT
since 20032.132.269.539
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33021F0475/00C000 | Flanders | 233 m² | 1 · 141 m² | 10.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Surge
BE 0817.208.271
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Agency 750ml
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SECRET VINEYARDS
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Of 1,049 companies in sector 46341 we hold annual accounts for 535. 311 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
46341Wholesale of wines and spirits
46900Non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.