Equity
-€242,249
Debts exceed assets in financial year 2025.
CUSHFIELD DEVELOPMENT
Lifetime
12 annual accounts with figures on one time axispeak €153,778 (2016)
€51,490previous year 9 months
lowest -€391,064 (2019)
€47,553previous year 9 months
peak €8,570 (2017)
-€242,249▲ €47,553
€766,024▼ 21.1%
peak 1.3 FTE (2016)
-not published
Board1 name since 2013
-
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Equity from -€289,802 to -€242,249Debts from €970,286 to €766,024Cash from €2,121 to €1,148
Key points
from the 2025 annual accountsDebts
€766,024 146% of the balance sheet
Financial debts 68%Suppliers 8%Taxes and wages 1%Other 23%
Of this, €205,966 falls due within a year.
Position in the sector
-€242,249
Less equity than 95% of companies in real estate. Sector median €86,468 · 19,833 companies.
2025 accounts filed 2 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 266 companies had the same profile as CUSHFIELD DEVELOPMENT has now. Each dot is one company, two years later.
94.0%
were still trading
3.8%
stopped another way
1.1%
went bankrupt
Another 1.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 266 companies, not a prediction for CUSHFIELD DEVELOPMENT. 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.
Credit verdict
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Signals
Recent changes
Company renamed from SMARTHEALTCARECONSULTING to CUSHFIELDDEVELOPMENT
Change of role: , from manager to director · “Alleactiviteitendierechtstreeksofonrechtstreeksverbandhoudenmethetuitoefenenvandeverpleegkunde,nursing,verplee…” (deed in Dutch) · General meeting of 26-06-2024 · Gazette deed
Registered office moved within Diegem
New registered office: Woluwelaan 148-150 bus 8 te 1831 Diegem · Previous registered office: Telecomlaan 9, 1831 Diegem · Board meeting of 08-12-2022 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Vilvoorde
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0536226391
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CUSHFIELD DEVELOPMENT Machelen (Brab.) | €523,774 | €51,490 | -46.3% | - |
| Property & Facility Management Consultant Scherpenheuvel-Zichem | €542,718 | €92,371 | 96.4% | - |
| EL-INVEST Destelbergen | €514,088 | €53,932 | 62.0% | - |
| IMMO SAMBRE Sambreville | €534,268 | €45,419 | 7.1% | - |
| IMMOBENS Boussu | €561,080 | €52,451 | 14.1% | - |
| IMMO INVEST HESBAYE Namur | €475,117 | €49,246 | 39.9% | - |
| BOVO INVEST Vosselaar | €544,789 | €48,086 | 40.0% | - |
These companies have the same main activity as CUSHFIELD DEVELOPMENT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €475,000 and €561,000, founded between 2012 and 2013.
Official details
Source: KBO- Status
- Active since 28-06-2013Normal situation
- Registered office
- 23 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Establishment unit
- 2.228.731.4851831 Machelen (Brab.), since 28-06-2013
- Financial year end
- 30 June
- Peppol
- Reachable since 20-11-2020
Annual accounts to 30-06-2025
- ≈ €140,000estimated
- €523,774▼ 23.0%
- Filing
- Filed on 02-02-2026
Insights on CUSHFIELD DEVELOPMENT
CUSHFIELD DEVELOPMENT files the micro format. That format states no turnover. The gross margin rose from -€3,654 in 2014 to €51,490 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CUSHFIELD DEVELOPMENT
- What is the company number of CUSHFIELD DEVELOPMENT?
- The company number of CUSHFIELD DEVELOPMENT is 0536.226.391. The VAT number is the same number with BE in front: BE 0536.226.391.
- Where is CUSHFIELD DEVELOPMENT based?
- The registered office is at Woluwelaan 148-150, 1831 Machelen (Brab.).Company details
- What does CUSHFIELD DEVELOPMENT do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of CUSHFIELD DEVELOPMENT?
- CUSHFIELD DEVELOPMENT is a private limited company (BV).
- When was CUSHFIELD DEVELOPMENT founded?
- CUSHFIELD DEVELOPMENT was founded on 28-06-2013.
- Is CUSHFIELD DEVELOPMENT still active?
- Yes, CUSHFIELD DEVELOPMENT is an active enterprise in the KBO register.
- What is the turnover of CUSHFIELD DEVELOPMENT?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €51,490 and 48 comparable companies (NACE 681). It probably lies between €70,000 and €320,000.Financials
- Is CUSHFIELD DEVELOPMENT profitable?
- In financial year 2025, CUSHFIELD DEVELOPMENT made a profit of €47,553.
- Where can I find the annual accounts of CUSHFIELD DEVELOPMENT?
- CUSHFIELD DEVELOPMENT filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CUSHFIELD DEVELOPMENT due?
- CUSHFIELD DEVELOPMENT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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