ACTIVE

C.D.F.

Financial year 2025 · Closed on 30/06/2025

Net result
70,5 k €
-3,4 %over 1 year
Gross margin
193,3 k €
-1,9 %over 1 year
Equity
375 k €
+11,5 %over 1 year

Identity

Source · BCE/KBO

C.D.F. is a Private limited company incorporated in 2002. Its main activity is: Manufacture of central heating radiators and boilers. Its registered office is in Aalter.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.352.341
Incorporation
16/04/2002
Legal form
Private limited company
Registered office
Hellestraat 53
9910 Aalter · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
30/06/2025
Joint committees (6)
  • 111
  • 1110
  • 11121
  • 209
  • 20900
  • 2096
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin193,3 k €197,1 k €157,4 k €212,7 k €123,6 k €
EBITDA156,5 k €168,1 k €123,6 k €178,4 k €72,8 k €
Operating result106,5 k €119,8 k €81,4 k €147,2 k €47,2 k €
Net result70,5 k €73 k €52,1 k €98,9 k €30,6 k €
Balance sheet
Equity375 k €336,2 k €279 k €248,8 k €150 k €
Total assets452,8 k €451 k €401,5 k €377,5 k €245,1 k €
Cash157 k €84,4 k €62,6 k €65,7 k €69,4 k €
Debts77,8 k €114,8 k €122,5 k €128,7 k €95,1 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 6 ended

Active mandates

Steven Moortgat

Director · since 08 octobre 2011

Active

Ended mandates

STEVEN MOORTGAT

Manager · since 15 avril 2002

Ended
Steven Karel L Moortgat

Manager

Ended
Steven Karel Moortgat

Director

Ended
Steven Karel Moortgat

Administrator - manager

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/12/202520/12/202422/01/202425/01/202324/01/202230/01/2021
General meeting05/12/202513/12/202422/12/202323/12/202224/12/202130/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202505/12/202512/12/2025DutchPDF
Micro model30/06/202413/12/202420/12/2024DutchPDF
Micro model30/06/202322/12/202322/01/2024DutchPDF
Micro model30/06/202223/12/202225/01/2023DutchPDF
Micro model30/06/202124/12/202124/01/2022DutchPDF
Micro model30/06/202030/12/202030/01/2021DutchPDF
Micro model30/06/201906/12/201923/12/2019DutchPDF
Micro model30/06/201807/12/201804/01/2019DutchPDF
Micro model30/06/201701/12/201722/12/2017DutchPDF
Abridged model30/06/201602/12/201624/12/2016DutchPDF
Abridged model30/06/201526/12/201514/01/2016DutchPDF
Abridged model30/06/201405/12/201424/12/2014DutchPDF
Abridged model30/06/201306/12/201323/12/2013DutchPDF
Abridged model30/06/201207/12/201221/12/2012DutchPDF
Abridged model30/06/201102/12/201114/12/2011DutchPDF
Abridged model30/06/201003/12/201028/12/2010DutchPDF
Abridged model30/06/200904/12/200915/12/2009DutchPDF
Abridged model30/06/200805/12/200830/12/2008DutchPDF
Abridged model30/06/200707/12/200721/12/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 6 ended

Active mandates

Steven Moortgat

Director · since 08 octobre 2011

Active

Ended mandates

STEVEN MOORTGAT

Manager · since 15 avril 2002

Ended
Steven Karel L Moortgat

Manager

Ended
Steven Karel Moortgat

Director

Ended
Steven Karel Moortgat

Administrator - manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/02/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares18/07/2006
    DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office27/10/2003
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202570,5 k €↓
  2. 2024
    Annual accounts 202473 k €↑
  3. 2023
    Annual accounts 202352,1 k €↓
  4. 2022
    Annual accounts 202298,9 k €↑
  5. 2021
    Annual accounts 202130,6 k €↑
  6. 2020
    Annual accounts 202024 k €↓
  7. 2019
    Annual accounts 201962,1 k €↑
  8. 2018
    Annual accounts 201821,9 k €↓
  9. 2017
    Annual accounts 201733,5 k €↑
  10. 2016
    Annual accounts 201626,6 k €↑
  11. 2015
    Annual accounts 201524,5 k €↓
  12. 2014
    Annual accounts 201429,1 k €↑
  13. 2013
    Annual accounts 201316,6 k €↓
  14. 2012
    Annual accounts 201234,9 k €↑
  15. 2011
    Annual accounts 201118,7 k €↑
  16. 2010
    Annual accounts 20109,9 k €↓
  17. 2009
    Annual accounts 200922,3 k €↑
  18. 2008
    Annual accounts 20086,2 k €↑
  19. 2007
    Annual accounts 2007-3,6 k €
  20. 16/04/2002
    IncorporationPrivate limited company