ACTIVE

CUSHFIELD DEVELOPMENT

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Financial year 2025 · closed on 30/06/2025
Net result
47,6 k €
-11.9% YoY
Gross margin
51,5 k €
-10.5% YoY
Equity
-242,2 k €
+16.4% YoY

What does CUSHFIELD DEVELOPMENT do?

CUSHFIELD DEVELOPMENT is a Private limited company incorporated in 2013. Its main activity is: Development of building projects. Its registered office is in Machelen (Brab.).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0536.226.391
Incorporation
28/06/2013
Legal form
Private limited company
Registered office
Woluwelaan 148-150 box 8
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
30/06/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41102Development of building projects68122Buying and selling of own real estate
Joint committees (2)
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin51,5 k €57,5 k €92 k €24,7 k €-157,5 k €146 k €-127,3 k €19,2 k €65,7 k €153,8 k €81 k €-3,7 k €
EBITDA49,6 k €56,8 k €90,2 k €24,7 k €-158,3 k €141,4 k €-131,6 k €16,5 k €18,2 k €2,6 k €4,1 k €-4,4 k €
Operating result48,6 k €55,6 k €86,7 k €21,3 k €-161,7 k €138 k €-146,7 k €-200 €13,4 k €-2,2 k €4,1 k €-4,4 k €
Net result47,6 k €54 k €84,8 k €8,6 k €-162,1 k €113,2 k €-391,1 k €-5,9 k €7,1 k €-3,5 k €3,3 k €-4,4 k €
Balance sheet
Equity-242,2 k €-289,8 k €-343,8 k €-428,6 k €-437,2 k €-275,1 k €-388,4 k €2,7 k €8,6 k €1,5 k €5,1 k €1,8 k €
Total assets523,8 k €680,5 k €844,2 k €1,2 M €791,2 k €728,1 k €1,1 M €987,5 k €762,8 k €701,9 k €749,4 k €6,6 k €
Cash1,1 k €2,1 k €6,6 k €6,7 k €6,1 k €8,1 k €854 €22,8 k €4,3 k €9 €1,2 k €735 €
Debts725,8 k €930,1 k €933,4 k €1,3 M €983 k €765,9 k €1,1 M €770,4 k €754,2 k €700,4 k €744,3 k €4,8 k €
Other
Workforce–––––––––1,3 ETP0,8 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Nordin Ouassif

Director · since 28 juin 2013

Active

Ended mandates

Nordin OUASSIF

Director

Ended
Nordin OUASSIF

Manager

Ended
At this address

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ELLOSA● Active
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HAZEWEIDE CONSTRUCT● Active
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HAZEWEIDE LAND● Active
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HEALTH REAL ESTATE● Active
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ID HOME HOLDING● Active
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LEGIA ESTATE● Active
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LIVIUM● Active
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MYRYILL● Active
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SMART HEALTHCARE CONSULTING SERVICES● Active
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SMH IMMO● Active
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/06/202530/06/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months9 months12 months12 months12 months12 months
Filing date02/02/202621/02/202530/04/202428/04/202330/04/202213/05/2021
General meeting31/12/202531/12/202431/01/202431/01/202331/01/202201/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202531/12/202502/02/2026DutchPDF
Micro model30/06/202431/12/202421/02/2025DutchPDF
Micro model30/09/202331/01/202430/04/2024DutchPDF
Micro model30/09/202231/01/202328/04/2023DutchPDF
Micro model30/09/202131/01/202230/04/2022DutchPDF
Micro model30/09/202001/02/202113/05/2021DutchPDF
Micro model30/09/201931/01/202022/05/2020DutchPDF
Micro model30/09/201831/03/201930/04/2019DutchPDF
Micro model30/09/201722/11/201823/11/2018DutchPDF
Abridged model30/09/201604/08/201712/09/2017DutchPDF
Abridged model30/09/201531/03/201629/04/2016DutchPDF
Abridged model30/09/201431/01/201531/03/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Nordin Ouassif

Director · since 28 juin 2013

Active

Ended mandates

Nordin OUASSIF

Director

Ended
Nordin OUASSIF

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/07/2024
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office30/12/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office03/06/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/07/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

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 202547,6 k €↓
  2. 2024
    Annual accounts 202454 k €↓
  3. 2024
    Name changeCushfield Development
  4. 2023
    Annual accounts 202384,8 k €↑
  5. 2022
    Annual accounts 20228,6 k €↑
  6. 2021
    Annual accounts 2021-162,1 k €↓
  7. 2021
    Name changeSMART HEALTCARE CONSULTING
  8. 2020
    Annual accounts 2020113,2 k €↑
  9. 2019
    Annual accounts 2019-391,1 k €↓
  10. 2018
    Annual accounts 2018-5,9 k €↓
  11. 2017
    Annual accounts 20177,1 k €↑
  12. 2016
    Annual accounts 2016-3,5 k €↓
  13. 2015
    Annual accounts 20153,3 k €↑
  14. 2014
    Annual accounts 2014-4,4 k €
  15. 28/06/2013
    IncorporationPrivate limited company